BSE
BSE -DAY CHART - 26.09.2022 - BAHAVAN CAPITALBSE as per Daily chart analysis stock Below 596 then Target is 586.
With FII Net Selling 5101.30 Crores and DII Net Buying 3532.18 Crores it looks like FII have begin the selling once again and tomorrow could be an important day to see whether market is able to recover by consolidating forming a Reversal Doji candle in Nifty and Bank Nifty or continue to fall. Lets see whether the market if at falls can take reversal at jun 17th 2022 Nifty level of 15183.
I have Bought Vedanta and will continue to buy more stocks during this correction.
Happy Profitable Trading to all..
Happy Navaratri wishes to All...
ROUTE MOBILE 19 SEP 2022As the INDIAN IT showed some bearishness in the last two trading days so as per that and as per BRITISH inflation data most of the IT sector also we can see through the US data countries are starting to go into a recession. Thus IT sector is crashing so this share which is having most of the business in EUROPEAN countries also it is showing exhaustion after hitting the 1500 level so we can short it with simple price action and trading analysis for the 19 SEP 2022 intraday.
SELL levels are 1400 or before to reach the level of 1400 and then continue the move further.
BUY side is not recommending that much as its already on the sell-side and ran from the opening price up to 2100 which is 6 times of it so exhaustion in it is already seen and past trading days it's consolidating between the 1400 and 1500 even though it tries, to crack the 1500 but could not sustain that and now it is coming back its last support.
Buying Opportunity in NIFTY Price has fallen almost 220 points today in an hour.
17635 level is the 0.5 Fib ratio of recent up trend
Expecting price to reverse from here at least for today
With small SL of 40 points we can go long on nifty 17660 with a SL of 17620-30
With an ATM option this will be Approximately with a risk of 750 to 1000 rs per lot
Target will be in execution.
Managing the trade:
If the trade goes in our way
*Exit half Quantity @1:1 Risk/Reward Target and Shift to SL to cost
*Exit Half of the remaining with 1:1.5 or 1:2 Risk/Reward (by looking at momentum) and trail the SL.
*Exit remaining with trailing Stop loss.
*SECURING THE TRADE AND PROTECTING THE CAPITAL SHOULD BE YOUR FIRST PRIORITY.
*NOT A SUGGESTION VIEWS ARE FOR EDUCATIONAL PURPOSES.
I will be updating
Canara Bank Long TradeHi guys we will buy Canara Bank because it has fallen quite a lot after the crash and has stabilized a little bit and if we look at the Us and
the India markets they are looking bullish so Canara Bank will also show signs of bullishness and it would be pretty good trade.
That's all make sure to follow and like
Bye
TRENDLINE BREAK IN CAMSHello traders , here is the analysis for this stock let me know in the comment section below if you have any questions , the entry will be taken only if high of today is taken out . I suggest you keep this stock on your watchlist and see if the rules of your strategy are satisfied.. According to me, an up move of 40-50 % can be expected in CAMS .
Keep trading ❤️
Hustle hard ✅
BUY ICICIGI for the TP 1400 with the SL of 1200BUY ICICIGI for the TP 1400 with the SL of 1200
please follow risk management and take this trade if the risk/reward ratio fits for you.
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Shorting opportunity in nifty!!When the price comes back to supply area (17724) good for a short trade with an SL of 17774
Managing the trade:
If the trade goes in our way
*Exit half Quantity @1:1 Risk/Reward Target and Shift to SL to cost
*Exit Half of the remaining with 1:1.5 or 1:2 Risk/Reward (by looking at momentum) and trail the SL.
*Exit remaining with trailing Stop loss.
Potential Multi-Decade Breakout NSE:CELEBRITY
Celebrity Fashions Limited is engaged in manufacture of all types of textile garments and clothing accessories. The Company also has its own national menswear brand.
TTM EPS: 1.79
TTM PE: 11.62
Sector PE: 46.08
Book Value Per Share: 1.68
P/B: 12.39
Face Value: 10
Mkt Cap (Rs. Cr.): 107
Some Positives:
High Piotroski Score - Companies with strong financials
Rising Net Cash Flow and Cash from Operating activity
Company with high TTM EPS Growth
Strong Annual EPS Growth
New 52 Week High
High growth and High Return on Equity (ROE) with Low PE ratio
Growth in Quarterly Net Profit with increasing Profit Margin (YoY)
Company able to generate Net Cash - Improving Net Cash Flow for last 2 years
Stock gained more than 20% in one month
Strong Momentum: Price above short, medium and long term moving averages
Some Positives:
Decline in Net Profit with falling Profit Margin (QoQ)
Declining Revenue every quarter for the past 2 quarters
Companies with High Promoter Pledge
My Opinion: Mcap of the company is very low for my liking but fundamentally the company is doing good with Piotroski Score 8. Usually when such multi-year breakouts take place the returns are significantly high. In couple of years this stock can even touch 100 possibly. Invest at your own risk.
NOT A RECOMMENDATION. JUST FOR EDUCATION. Thanks.
MANYAVAR - Perfect Rounding Bottom NSE:MANYAVAR
Vedant Fashions is engaged in manufacturing, trading, and sale of readymade ethnic wear for men, women and kids primarily in India.
PE Ratio: 182.32
PB Ratio: 22.20
Sector PE: 1,245.48
Sector PB: 6.10
Sector Div Yld: 0.51%
Some Positives:
Growth in Net Profit with increasing Profit Margin (QoQ)
Company with Low Debt
Strong cash generating ability from core business - Improving Cash Flow from operation for last 2 years
Book Value per share Improving for last 2 years
Company with Zero Promoter Pledge
Near 52 Week High
Some Negatives:
Companies with growing costs YoY for long term projects
Inefficient use of capital to generate profits - RoCE declining in the last 2 years
Inefficient use of assets to generate profits - ROA declining in the last 2 years
Declining Net Cash Flow : Companies not able to generate net cash
My Opinion: The low liquidity is my only big concern. Otherwise the rounding bottom pattern is screaming BUY.
NOT A RECOMMENDATION. JUST FOR EDUCATION. Thanks.
HUL - What is the chart saying? NSE:HINDUNILVR
HUL has corrected from its highs and these levels present a good opportunity to buy.
HUL to 3000 ? Quite Possible.
Can HUL repeat what Adani Wilmar has done(More than double in short term) ? No.
Should you invest aggressively at this point? No but keeping adding on dips.
Can it fall from these level? Yes, it can but that will only give buying opportunity and my opinion will be to buy near the support zone .
NOT A RECOMMENDATION. JUST FOR EDUCATION. Thanks.
#DELTACORP Buy for short-term @207Dltacorp making good price action pattern in daily time frame,
This stock making (CUP & HANDL)pattern near key lavel of 207 and today break this lavel after consolidation near resistance zhone.stock cross the lavel with good volume and give the break out,
also stock get the support a 20 EMA in daily time frame thats mean a up trand is helthy in this stock
my lavela for entry and target
BUY = 207-209
TARGET = 220,230,242
STOP LOSS = 200