ADSL - BREAKOUT AND A 2X CANDIDATE BASED ON FUNDAMENTALSHi All,
This idea is about Allied Digital Services Ltd
Mkt Cap - 1204 Cr
Stock PE - 26
Mcap/Sales - 1.75
As per mgmt concal transcript, revenue guidance of 1000Cr in FY25/26
Assuming NPM at 8%, this could take the mktcap to 2200Cr easily which wud appreciate the stock price towards levels of 400
Technically also its a healthy breakout with expanding Moving averages after tight consolidation. Volume is extremely good to support further price action
Happy Trading,
Thanks,
Stock-n-Shine
Boxbreakout
GPPL - STAGE 2 ADVANCE IN PROGRESS WITH STRONG SECTORAL WINDSHi All,
This idea is about Gujarat Pipavav Port Ltd
Fundamentals
Mkt Cap - 11k Cr
MCap/Sales - 11.6
P/BV - 4.95
EPS - 7
PEG - 3
Technicals
Price action has formed 2 bases of nearly 25% contraction/expansion each along with Stage 1 advance of 20%. Shipping sector is buzzing right now & the price action has successfully broken out of base 2 advancing to Stage 2
Base is nothing else but Box breakouts
Happy Trading,
Thanks,
Stock-n-Shine
WELCORP - CLEAN BREAKOUT OUT OF DARVAS BOXHi All,
This idea is about Welspun Corp Ltd
FUNDAMENTALS
Mkt Cap - 17161 Cr
Mkt Cap/Sales - 0.99
P/E - 15.5
P/BV - 3
FCF - 1022 Cr
D/E - 0.35
Promoter increase thr stake by 0.18%
ROE - 21%
ROCE - 21.6%
Technicals
Price has been consolidating within a range of 25% and has now given a decisive breakout above the supply zone. There was a mid resistance as well which was broken with good volumes
Hope you have a profitable trade,
Thanks,
Stock-n-Shine
Target 2 achieved in Siemens | 9.5% moverThis idea is 2nd follow-up to Siemens
You can check the Link to Related Ideas - Trade activation explained at levels of 2400 ( Symmetrical Triangle BO in detail )
Talking about Targets - Target 1 was the Symmetrical Triangle Bo Top node. Target 2 was a Fibo extension created from 2530 to 2200, extended levels were Targets.
Disclaimer: The information provided is for educational purposes only. Our intention is not to provide any financial advice, don't take any decision without consulting your financial advisor.
ApolloTyre - Ready to break the boxPrice getting ready to break the box with strong green candles after making a double bottom, this indicates this time it will definitely break the box and reaches the next resistance levels as marked.
If CNXAUTO breaks the ATH then these Bull stocks also moves along with that flow, choose your stock easy !!! :)
Consolidation Breakout with Relative strength analysisNewgen soft is in a range of consolidation for last 5 months, a good breakout above 645 with volumes will give a long entry.
Relative strength is above 0 and we will wait for the value to come above 0.10 for more strength
RSI is bullish above 60 in daily time frame
RVNL - 10mth Breakout
BUY GUIDANCE:
Never buy before 3PM (for positional trading). I have been burnt many times over. Try to buy between 3:15 - 3:30PM, later the better.
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis)
SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Note:
The breakout levels are derived from the weekly line chart which is respected much more by smart money.
DISCLAIMER:
I reserve the right to be wrong.
I am not a SEBI registered analyst. Please consult your financial advisor before investing.
AXIS BANK - TriangleTriangle forming on Daily Chart of AXISBANK. Trendline has supported and resisted at the respective tops. Needs to cross 757-758 from below. Consolidating on Hourly Chart in the range of 743-757. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
BEL :: Long :: Short Term SetupBEL has closed an all-time high and testing the resistance near 194, if crossed and sustained above 194 then it can show a good upside till 225
RSI > 60
Has taken box breakout on the daily chart
Short Term Trade Setup:
Entry: 189 to 192
SL: 182
T1 = 205
T2 = 220
Duration = 1 Month
PS: One can add this as investment stock as well for long-term
Note: This is just personal opinion, trade on your own analysis and risk appetite