BMW looking good; short term / long term; min 110% RoiAdd this to watchlist and wait for entry.👁️🗨️
For short term investment ;
Leave a " Like If you agree ".👍
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Wait for small retracement & daily candle to close above - "82".
Trade carefully untill ENTRY level.
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Entry: 82 / 65
target: 119 - 134- 150- 195
sl: 74 (82) / 55 (65)
major stoploss/ support: 55
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Enter only if market Breaks
"Yellow box" mentioned.
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Don't make complicated trade set-up.📈📉
Keep it " simple, focus on consistency "💹
Refer our old ideas for accuracy rate🧑💻
Follow for daily updates👍
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Refer old posted idea attached below.
BSE
SAMKRG Pistons & Rings - Monthly - Long Term Channel - BullishSAMKRG Pistons & Rings Ltd. (BSE: 520075) has been trading within a well-defined ascending channel, showcasing a consistent long-term uptrend. The chart highlights key support levels at the bottom of the channel, from where the price has always bounced.
The recent price action and technical indicators suggest a potential for further gains.
Key Points:
1. Ascending Channel: The stock has been moving within a clear ascending channel since 2006. The price recently rebounded from the lower boundary of the channel, indicating strong support and a continuation of the upward trend.
2. Key Support Levels: The chart shows multiple instances where the stock has found strong support at the bottom of the channel. Each bounce from this support level has led to significant upward movements, affirming the reliability of this trend.
3. Relative Strength Index (RSI): The RSI has made higher lows and higher highs in the preceding months and looks to be on an upward trajectory.
Disclosure: Invested at ₹179
Disclaimer: This analysis is for educational purposes and should not be considered financial advice. Always conduct your own research before making any investment decisions.
Gujarat Containers - Week - Breakout from Symmetrical Triangle?Analyzed the weekly chart of Gujarat Containers Ltd. (BSE: 523108), which is showing a promising breakout from a symmetrical triangle pattern.
As you can see, the price has broken out of the Trendline recently and has performed a retest as well.
Bullish Divergence on Daily:
Recently a Divergence was also observed on the Daily Chart where the Price made a Lower Low while the RSI made a Higher Low.
The RSI has been on an upward trajectory since.
This setup looks quite promising for a continued upward move. What do you guys think?
Disclaimer: This analysis is for educational purposes and should not be considered financial advice. Always conduct your own research before making any investment decisions.
Everest Organics - Monthly - Ascending Channel - Bullish - LongEVEREST ORGANICS LTD. is exhibiting strong bullish signals on the monthly chart. Here is a detailed analysis of the key technical indicators and potential future movements:
Ascending Channel:
The stock has been trading within a well-defined ascending channel since early 2016.
Support: The lower channel line has provided consistent support, marked by multiple bounces.
Resistance: The upper channel line acts as resistance, tested multiple times.
Recent Price Action:
The stock recently bounced off the lower channel support around 120 INR and is showing signs of upward movement.
This bounce indicates a potential continuation towards the mid-channel and upper-channel resistance levels.
RSI Analysis:
The Relative Strength Index (RSI) is currently at 57.59, indicating bullish momentum.
The RSI has been trending upwards, suggesting increasing buying pressure and potential for further gains.
Disclosure: Invested at 149
Disclaimer: This analysis is for educational purposes and should not be considered financial advice. Always conduct your own research before making any investment decisions.
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BSE, will it breach this AVWAP?Lets learn new thing:
AVWAP (stands for Anchored Volume Weighted Average Price): the average Price of a stock weighted by Volume from an Anchored point (swing low or swing high are good anchor points). Think like moving average but volume also include (not entirely true but to keep easy you can think like that) so it become more powerful as it involves both price and volume.
Now come to BSE, check white AVWAP how it was major resistance and gave fake breakout too. But when it breaches, it gave good Breakout (BO).
Again new blue AVWAP acting as good resistance, now have to check how it acted when it breach this line.
If it will give good breakout, add this powerful tool to your charts.
To learn more about this tool, DM me.
No sell/buy recommendations
SENSEX presents a strong upward chart trend right nowThe current chart analysis for SENSEX presents a robust picture. There are no signs of a significant drop-off at this moment. However, in the event of a downturn, the next support zones are projected to be at 75074 and 74249. And major support zone is 72199. These figures could serve as critical benchmarks in case of a market correction. It's always important to monitor market trends and adjust investment strategies accordingly. Please note that this is a general analysis and individual investment decisions should be made based on personal financial situations and risk tolerance.
City Union Bank available for purchase.I decided to invest in City Union Bank as it appears to be within a good buying range.
Disclosure : I am not SEBI registered. The information provided here is for education purposes
only. I will not be responsible for any of your profit/loss with this suggestions. Consult your financial advisor before taking any decisions
BSE Crash on NewsThe News: Shares of NSE:BSE plunged on April 29 after SEBI asked the exchange to pay regulatory fee based on the notional value of its options contracts and not on the premium value.
My take: Today's reaction has now taken into account this news and one need not panic. A stop loss at 2580 should do well. We are in a bull market and supports are respected. Follow your stop loss ✅
Fundamentally & Technically Strong ✅
BSE Flag Pattern Breakout - Bullish Momentum AheadThe BSE has shown a promising flag pattern breakout, indicating potential bullish momentum in the near term. Sustaining above the key level of 2890, the index is poised for further upward movement, with a target around 3400. Let's delve deeper into the technical analysis to understand the potential trajectory.
Technical Analysis:
Flag Pattern Breakout: The BSE index has formed a flag pattern, characterized by a sharp upward move (flagpole) followed by a consolidation phase (flag). This pattern often signifies a continuation of the previous trend, in this case, bullish.
Key Resistance Level: The breakout occurred above the crucial resistance level of 2890. This level now acts as a support, validating the bullish bias.
Volume Confirmation: The breakout is further supported by increasing trading volumes, indicating strong buying interest and participation.
Moving Averages: The shorter-term moving averages (such as the 20-day EMA) are crossing above the longer-term ones, signaling a bullish crossover and strengthening the upward momentum.
Trade Idea:
Entry: Consider entering long positions on a confirmed close above 2890.
Stop-loss: Place a stop-loss slightly below the breakout level to mitigate potential downside risks.
Target: Aim for a target around 3400, considering the measured move of the flag pattern and psychological resistance levels.
Risk Management: Always adhere to proper risk management strategies, such as position sizing and trailing stops, to protect capital.
Disclaimer: Trading involves risk, and this analysis is for educational purposes only. It's crucial to conduct thorough research and consider your risk tolerance before making any trading decisions.
Just A View - BSE Double Top Neckline Support📊 Script: BSE
📊 Sector: Miscellaneous
📊 Industry: Miscellaneous
Key highlights: 💡⚡
📈 Script is taking support of level 2075 which is neckline of double top.
📈 We may see bounce back from here.
⏱️ C.M.P 📑💰- 2148
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
BSE ltd positional trading ideaATH breakout of BSE. BSE just broke the upper resistance level of 2600. the volume of the breaout candle is also good. but it didnt consolidate before breakout. so there is a chance that BSE will move in a range for a few days after breakout. and after that if it makes a positive price action, we may go for a long entry.
Disclaimer: All information provided here is for educational purposes and not a recommendation, advice, research report, or stock tip of any nature. Analysis Posted here is just our view/personal study method on the stocks, commodities or other instruments and assets.
IDEA | LONG | SWING | NSE:INDIA | ANALYSISDisclosure : I am not SEBI registered. The information provided here is for education purposes only. I will not be responsible for any of your profit/loss with this channel suggestions. Consult your financial advisor before taking any decisions.
Buy if:
Follows current price action movements with Volume support
Respects Triangle pattern formation
RSI breakout
Good Volume on price breakout the trendline
Took support on 50 EMA
Exit if:
Sudden down spike with heavy unexpected volume
Breaks 50 EMA
Touches my Stop Loss
ORIENTHOT | LONG | SWING | NSE:INDIA | ANALYSISPoints to consider
Trend is Upward.
Consolidation after Upward move.
Staying above the trendline after a good breakout on DEC 1st.
WATCH if there is any sudden spike towards up.
Buy If,
Breaks 127.9 and Support trendline with good volume.
RSI breakout conformation
Any other conformation
IFCI - Next big thing?IFCI Limited is a financial institution that caters to the long-term finance needs of the industrial sector. The Company offers a range of debt products based on the specific requirements of the corporate.
P/B: 1.45
Mkt Cap (Rs. Cr.): 4,643
Sector PE: 8.45
Book Value Per Share: 12.87
Positives:
Strong Momentum: Price above short, medium and long term moving averages
MACD Crossover Above Signal Line
New 52 week high today
Effectively using its capital to generate profit - RoCE improving in last 2 years
Growth in Net Profit with increasing Profit Margin (QoQ)
Growth in Quarterly Net Profit with increasing Profit Margin (YoY)
Company reducing Debt
Annual Net Profits improving for last 2 years
Company with Zero Promoter Pledge
Recent Results : Growth in Operating Profit with increase in operating margins (YoY)
Stock gained more than 20% in one month
Highest Recovery from 52 Week Low
Decrease in Provision in recent results
RSI indicating price strength
High Volume, High Gain
Negatives:
Red Flag: High Interest Payments Compared to Earnings
MFs decreased their shareholding last quarter
Low Piotroski Score : Companies with weak financials
NOT A RECOMMENDATION. JUST FOR EDUCATION PURPOSE. Thanks
UNIONBANK - Buy opportunity in sightNSE:UNIONBANK
Union Bank of India is engaged in providing banking and financial services. The Bank offers products and services in three categories: Deposits, Loans and Advances, and Remittances and Collections.
TTM EPS: 7.28
TTM PE: 5.65
Sector PE: 20.33
Book Value Per Share: 89.52
P/B: 0.46
Face Value: 10
Mkt Cap (Rs. Cr.): 28,090
Some Positives:
Company with high TTM EPS Growth
Strong Annual EPS Growth
Effectively using Shareholders fund - Return on equity (ROE) improving since last 2 year
Efficient in managing Assets to generate Profits - ROA improving since last 2 year
Growth in Quarterly Net Profit with increasing Profit Margin (YoY)
Strong cash generating ability from core business - Improving Cash Flow from operation for last 2 years
Company with Zero Promoter Pledge
FII / FPI or Institutions increasing their shareholding
Current price is less than the intrinsic value
Over the last 5 years, revenue has grown at a yearly rate of 18.08%, vs industry avg of 7.63%
Over the last 5 years, market share increased from 5.49% to 8.72%
Some Positives:
Red Flag: High Interest Payments Compared to Earnings
Decline in Net Profit with falling Profit Margin (QoQ)
Declining Net Cash Flow : Companies not able to generate net cash
My Opinion: My opinion is clearly visible on chart. But I would recommend you to read about decreasing trend of NPA and the setup of 'bad bank' by GoI. It is a real positive for all PSU banks in future.
NOT A RECOMMENDATION. JUST FOR EDUCATION. Thanks.
SEACOAST - Bottoming out Seacoast Shipping Services Ltd, formerly Mahaan Impex Ltd is an India-based company. The Company’s principal business activity is wholesale trading of textile and logistics. The Company focuses to carry on the business of export, import, buying, selling and producing all kinds of textile business. It focuses on textile business, including formulation of jute, jute goods, jute cuttings, jute rejections, cotton, cotton textiles, yarn, wool, silk, handicrafts, flax, rayon, nylon and other fibrous materials and man-made fibers.
All Time High: 213.48
Book Value Per Share: 2.02
TTM EPS: 0.34
TTM PE: 13.88
P/B: 2.34
Sector PE: 4.98
Positives:
Strong Momentum: Price above short, medium and long term moving averages
New 52 week high today
Growth in Net Profit with increasing Profit Margin (QoQ)
Growth in Quarterly Net Profit with increasing Profit Margin (YoY)
Company with Low Debt
Increasing profits every quarter for the past 2 quarters
Company with Zero Promoter Pledge
Stock gained more than 20% in one month
Negatives:
Declining Net Cash Flow : Companies not able to generate net cash
Seems to be overvalued vs the market average
Hasn't fared well - amongst the low performers
NOT A RECOMMENDATION. JUST FOR EDUCATION
IEX is ready for a Bull ride.NSE:IEX
About Company :-
Indian Energy Exchange Ltd provides an automated platform and infrastructure for carrying out trading in electricity units for physical delivery of electricity. It's broker Just like Zerodha or Angel One but for electricity trading. with market share at present, IEX enjoys a dominant 90% market share in the total volume traded across all segments. However, recent regulations like "Market Coupling" could potentially impact IEX's prominence in this segment means market share will reduced if market coupling implemented by govt. in future.
Entry :- 160/- or Current Price.
Target :- At Supply Zone.