Symmetrical Triangle Pattern followed by chart from 20/11/2020Interesting! Symmetrical Triangle pattern started on 20th Nov 2020 and stock is wondering in this pattern till 14th July 2024. We are waiting for a breakout but can't expect a huge target because it started long ago. If it breaks after the white line is marked on both sides, I have given an expected level. It's a probability that it will follow the levels. It's a Bajaj Finserv Ltd chart on your Radar.
Breakout!
ITC: Charting the Path to Smart Investments!A Flag pattern breakout in ITC!!
The mamoth is ready for more upside, it has the possibility to almost double from here!!
Pole height : 300 points
Breakout point : 455
Price where it can reach due to the pattern breakout : 754
Return Expected : 65-70%
Strong Volumes as well !!
ITC: Charting the Path to Smart Investments!A Flag pattern breakout in ITC!!
The mamoth is ready for more upside, it has the possibility to almost double from here!!
Pole height : 300 points
Breakout point : 455
Price where it can reach due to the pattern breakout : 754
Return Expected : 65-70%
Strong Volumes as well !!
HINDCOMPOS - INVERSE H&S, THEN CONSOLIDATION AND BREAKOUTHi All,
This idea is about Hindustan Composites Ltd
Certified developer, manufacturer & marketer of Friction Materials in India comprising Brake Lining, Clutch Facing, Disc Brake Pad, Roll Lining, Brake Block, etc. Company is also engaged in the treasury business.
Clientele
Ashok Leyland, Maharashtra State Road Transport Corporation, Eastern Railway and Southern Railway, etc. HCL is also a Tier 2 supplier of brake lining for Toyota, TATA
Technical
Price Action formed an inverse Head and Shoulder but after the formation of right shoulder could not break the neckline, instead went into consolidation.
Eventually the price broke out of the darvas box ending the consolidation and have reached the initial neckline of Inverse H&S.
If neckline is broken, it could lead to a substantial rally
Fundamentals
Market Cap
₹ 905 Cr.
Current Price
₹ 613
High / Low
₹ 650 / 347
Stock P/E
26.3
Book Value
₹ 669
Dividend Yield
0.33 %
ROCE
4.46 %
ROE
3.60 %
Face Value
₹ 5.00
Equity capital
₹ 7.38 Cr.
No. Eq. Shares
1.48
EPS
₹ 23.3
Promoter holding
75.0 %
Change in Prom Hold
0.00 %
Chg in Prom Hold 3Yr
0.00 %
Pledged percentage
0.00 %
Market Cap to Sales
3.04
Sales growth
5.30 %
PEG Ratio
2.10
EVEBITDA
17.3
Quick ratio
1.95
Trade receivables
₹ 37.3 Cr.
Sales
₹ 298 Cr.
Debt to equity
0.00
Price to book value
0.92
Free Cash Flow
₹ 3.92 Cr.
CMP / FCF
91.1
Happy Trading
Thanks,
Stock-n-Shine
Great Eastern Shipping Company - Breakout Setup, Move is ON...#GESHIP trading above Resistance of 1330
Next Resistance is at 1714
Support is at 1084
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
IRFC - 6 Months Consolidation BreakoutIndian Railway Finance Corporation Ltd
1) Time Frame - Weekly.
2) The Stock has been Consolidating since (January, 2024). Now It has given a Consolidation breakout & Closed at it's Life Time High with good volume & good bullish momentum candle in weekly Time Frame.
3) The stock may find it's next resistance around the price (260 - 19.50% from the price 217.43).
4) Recommendation - Strong Buy.
WELSPUNLIVWELSPUNLIV
Market Cap ₹ 16,935 Cr
Industry: Textiles - Products
Welspun Living Limited, part of the US$ 2.7 billion Welspun Group, is one of the largest home textile manufacturers in the world.
Promoters 70%
FIIs 7 %
DIIs 6 %
other 1%
Public 16%
My study shows on chart study with technical analysis . this made cup and handle with multi- year break-out and darvas box break-out this good signs for huge movement after some days . after retest stock targets all hits. its my prediction
for MORE check in my Tv-id " in.tradingview.com "
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"Disclosure : I am not Sebi-registered." This channel is for only educational purpose. Any profit/loss, I am not responsible.
Before taking any trade on our charts / calls, please consult your financial advisors. Thanks
Ge Power India Limited - Breakout Setup, Move is ON...#GEPIL trading above Resistance of 571
Next Resistance is at 842
Support is at 321
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Railtel Corporation of India Ltd - Breakout Setup, Move is ON...#RAILTEL trading above Resistance of 531
Next Resistance is at 768
Support is at 411
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Dynacons Systems & Solutions Ltd - Breakout Setup, Move is ON...#DSSL trading above Resistance of 1263
Next Resistance is at 1926
Support is at 815
Here is previous chart:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Universal Cables Limited - Breakout Setup, Move is ON...#UNIVCABLES trading above Resistance of 807
Next Resistance is at 1018
Support is at 524
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
D Link India Limited - Breakout Setup, Move is ON...#DLINKINDIA trading above Resistance of 579
Next Resistance is at 782
Support is at 377
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
SJVN - Breakout Setup, Move is ON...#SJVN trading above Resistance of 149
Next Resistance is at 203
Support is at 114
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Talbros Automotive Components - Breakout Setup, Move is ON...#TALBROAUTO trading above Resistance of 344
Next Resistance is at 466
Support is at 258
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Rail Vikas Nigam Ltd (RVNL) - Breakout Setup, Move is ON...#RVNL trading above Resistance of 427
Next Resistance is at 745
Support is at 372
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Multi year breakout - Must be on your watchlistAXIS Bank trading at 874 Levels
very strong breakout on monthly chart
if October month candle (which is going to close on 31st october)
closes above 880 level can see good move on 2023
Stop loss will be below the breakout candle
Do your own analysis before take a trade
Frog Cellsat - Strong Fundamentals and Technicals.-> The company has shown a good profit growth of 151.97% for the Past 3 years.
-> The company has shown a good revenue growth of 15.20% for the Past 3 years.
-> The company has significantly decreased its debt by 6.08 Cr.
-> Company has been maintaining healthy ROCE of 25.02% over the past 3 years.
-> Company is virtually debt free.
-> Company has a healthy Interest coverage ratio of 30.48.
-> The company has an efficient Cash Conversion Cycle of 60.53 days.
-> Company has a healthy liquidity position with current ratio of 4.44.
-> The company has a high promoter holding of 74.10%.
-> The company has a strong degree of Operating leverage, Average Operating leverage stands at 31.86.
Breakout in Dynacons Systems & Solutions Limited...Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Railtel Corporation of India Ltd - Breakout Setup, Move is ON...#RAILTEL trading above Resistance of 466
Next Resistance is at 531
Support is at 360
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Ram Ratna Wires Ltd - Long Setup, Move is ON...#RAMRAT trading above Resistance of 287
Next Resistance is at 389
Support is at 185
Here is previous chart:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
SJVN - Long Setup, Move is ON...#SJVN trading above Resistance of 114
Next Resistance is at 149
Support is at 81
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.