Potential Break Out: "Vikas Industries"🚀 Exciting breakout alert! 📈
"Vikas Industries" has shattered its resistance level, setting the stage for a potential upward rally. Keep an eye on this stock as it shows strong bullish momentum and could be primed for significant gains. Don't miss out! #stockmarket #breakout
Bullish Patterns
J&KBANK - Reverse Head and Shoulders PatternJammu and Kashmir Bank (J&K Bank) is a Scheduled Commercial Bank and one of the oldest private sector Bank in India, incorporated in 1938. The Jammu & Kashmir Bank Limited offers a range of products and services such as loans, insurance, tax products/planning, savings and deposits, cards, mutual funds and non-resident banking.
Financials:
TTM EPS: 13.10
TTM PE: 5.16
P/B: 1.01
Face Value: 1
Mkt Cap (Rs. Cr.): 6,977
Sector PE: 24.03
Book Value Per Share: 66.86
Positives:
Company with high TTM EPS Growth
Strong Annual EPS Growth
Good quarterly growth in the recent results
Efficient in managing Assets to generate Profits - ROA improving since last 2 year
Growth in Quarterly Net Profit with increasing Profit Margin (YoY)
Company with Low Debt
Increasing Revenue every Quarter for the past 4 Quarters
Annual Net Profits improving for last 2 years
Company with Zero Promoter Pledge
Negatives:
Red Flag: High Interest Payments Compared to Earnings
Decline in Net Profit with falling Profit Margin (QoQ)
My Opinion: Just like my conviction in PSU Banks, I believe J&K Bank will also give good returns in the coming years.
NOT A RECOMMENDATION. JUST FOR EDUCATION. Thanks.
Hindpetro Ready TO ROAR...50%Hindustan Petroleum Corporation Ltd is mainly engaged in the business of refining of crude oil and marketing of petroleum products, production of hydrocarbons as well as providing services for management of E&P Blocks.
- Stock is trading at 0.96 times its book value.
- Stock P/E 2.63
- Running on Lowest P/E ever.
- sept. quater net profit nearly 6000cr, 2nd highest quaterly net profit.
-Good financial stock may be double ,tripple in next 1,2 year.
Bitcoin Inverted Head & Shoulder Pattern #Bitcoin Inverse H&S Spotted
▪️ CRYPTOCAP:BTC Inverted H&S potential building
▪️ Clear breakout level to watch
▪️ Attractive upside targets if triggered
▪️ No confirmation yet, so caution is still advised
While traders are buzzing about a potential inverted head and shoulders forming on the BTC charts, caution is still warranted until we get CONFIRMATION.
The breakout point to watch is $43,700 - only a decisive 4 Hour CLOSE above that level would trigger the bullish pattern targeting:
▫️ 1st Target: $47,090
▫️ 2nd Target: $49,225
CRUCIAL: Below the neckline at $43700 Bitcoin remains Bearish territory.
Disciplined traders will await a confirmed breakout before getting too bullish here!
Patience pays with chart patterns.
RSR/USDT 10x Potential in Bull MarketBear Market Survivor: How SEED_DONKEYDAN_MARKET_CAP:RSR Could Deliver 10-50X Returns
1⃣ -98% retracement from ATH
2⃣ Downtrend reversal
3⃣ Key accumulation zone with Retest
4⃣ Bull targets of 10-50x if support holds
5⃣ 70x Profit if Break ATH Price
NFA
#RSR #cryptotrading
IOB / INDIAN OVERSEAS BANK - 4 months consolidation BreakoutINDIAN OVERSEAS BANK
1) Time Frame - Weekly & Monthly.
2) The Stock has been in a consolidation / Downtrend since (September, 2023). Currently the stock has given a breakout & Closed with strong bullish momentum & Good volume in weekly time frame.
3) The stock may reach the January, 2015's high (64.65) in short Term.
4) Recommendation - Strong Buy
AARVEEDEN: HORIZONTAL RESISTANCE BREAKOUT NSE:AARVEEDEN
Aarvee Denims & Exports Ltd. engages in the manufacture and sale of denim and non-denim Fabrics. It operates through Textile and Windmill segments. The company was founded on March 28, 1988, and is headquartered in Ahmedabad, India.
Technical View
Trading in a tight trading range on the weekly chart.
and Also above - 200 ema
Formed a horizontal resistance point at 33.50
Go long above resistance with a Stop of 15
Targets Shall be 40-62-78+
Keep Learning,
Happy Trading.
VAIBHAVGBL / VAIBHAV GLOBAL - 5 Months consolidation Breakout.VAIBHAVGBL
1) Time Frame - Monthly.
2) The Stock was in downtrend since 2021 and had a breakout in August, 2023.
3) It has been consolidating since August, 2023 and has given a breakout with bullish momentum & Huge volume.
4) The stock may reach its previous Life Time High (1050) in the long term.
4) Recommendation - Strong Buy
JAYNECOIND - Ready for the next swingJAYNECOIND - Has been trading in the channel for the last 6+ months, the stock has taken support at the bottom of the channel yet again and is showing clear signs of going for its next swing. I see an upside of up to 27%
I checked the fundamentals and they look decent.
Total MarketCap Ready for 1600% relly ?Altcoin Moon Mission: $3-4 Trillion Market Cap Imminent?
Total Altcoin MarketCap
The total crypto market cap chart (excluding CRYPTOCAP:BTC & CRYPTOCAP:ETH ) just hit a local top.
I'm expecting some healthy consolidation or dip ahead to the 0.5-0.618 fib level.
That would form an ideal accumulation zone before the next altseason breakout!
Remember - dips mean #DCA opportunities.
After the last big falling wedge breakout, the total alt market cap surged over 1600%.
This time around, I wouldn't be surprised to see $3-$4 trillion eventually.
Of course nFA, but I'm slowly accumulating solid #altcoin projects during any dip we get.
The setup is still incredibly bullish overall!
When this chart breaks out, it will likely signal the real start of #AltSZN and some parabolic upside ahead.
Just be patient and stick to your plan.
Pls RT/Comments
#cryptocurrency #CryptoMarketCap #Ordinals #TRIAS #altcoinseason #altseson #Bitcoin
ALLSEC / Allsec Technologies - PREVIOUS ALL TIME HIGH BREAKOUTALLSEC
1) Time Frame - Weekly and Monthly.
2) Stock hit the previous Life time high 747.90 on 2022, January and Now the stock has broken It's Life time high 747.90 with huge volume & strong bullish candle in weekly and closed at It's All TIme High.
3) Option 1 - With the strong weekly close in All Time High, Buy at this current level.
Option 2 - Wait for the strong bullish Monthly candle's close with huge volume above the price 747.90.
4) Recommendation - Strong Buy
Tech Mahindra price movement analysis on weekly timeframeTech Mahindra is making a really interesting and clear price action.
1. 2022 to mid 2022 - Lower high lower lows
2. mid 2022 to mid 2023 - yearlong box consolidation
3. Fakeout in July 2023
4. Real breakout in August 2023
5. Retest in November 2023
6. presently in higher high and higher low.
If you are interested in investing(long term) in IT sector, this stock should be the one in your portfolio, Invest in parts as the price consolidates and retraces.
Swing traders should ride this stock by using 20-50 EMAs
Investors or positional traders use 50-100-200 EMAs.
Stop loss @ 1200/-
GLENMARK LIFE SCIENCE LTD / GLS - 6 months Consolidation B/OGLENMARK LIFE SCIENCE LTD / GLS - 6 months Consolidation Breakout.
1) Time Frame - Weekly.
2) 6 months of consolidation broken in Daily Time frame With Huge Volume.
3) Stock will find a resistance around the price 799 (Previous All Time High).
4) Recommendation - Quite risky to enter with daily time frame but still it is a Good buy / one can buy after the weekly candle's close as same as today in Daily Time Frame.
Munjal Showa Ltd - Double Bottom Breakout in weekly time frameMUNJALSHOW
1) Time Frame - Weekly.
2) Long Term downtrend breakout happened on June, 2023 and the stock has been consolidating since june 2023 & gave a double bottom pattern breakout with strong bullish candle & good volume.
3) The next target would be its life time high in the long term (313 - 63%).
4) Recommendation - Strong Buy
GSLSU / Global Surfaces Ltd - Consolidation / IPO Base BreakoutGSLSU
1) Time Frame - Weekly.
2) Previous Life Time High was 239.30. It has been consolidating since 2023, March & given a breakout in weekly time frame currently.
3) It's a consolidation / IPO base breakout with strong bullish candle & Good volume.
4) Recommendation - Strong Buy
HPAL / HP ADHESIVES LTD - 1 Yr Consolidation / IPO base breakoutHPAL
1) Time Frame - Weekly.
2) Previous Life Time High was 109.30. It has been consolidationg since 2022 January & given a breakout in weekly time frame currently.
3) It's a consolidation / IPO base breakout with strong bullish candle & Good volume.
4) Recommendation - Strong Buy
Indian Bank Stock Analysis: Spordiac Buy Signal on short term📈 NSE:INDIANB - January 5, 2024, 12:52 PM
Current Trading Price: ₹435.10 🏷️
Opening & Key Levels:
Today's Opening: ₹432.40 (Above 0.618 Fibonacci Level) ✅
Near 50-Day Moving Average: Indicating Bullish Trend 📊
Technical Indicators:
EMA & MA: No crossover yet 🔄
MACD: Histogram at 0.48, MACD at 0.70, Signal at 0.22 (Positive Crossover) 📈
RSI: Currently at mid-range, K at 55.02, D at 37.62 (Viable Range) 🎯
%R: At -29.83 (Supportive of Bullish Trend) ⬆️
Fisher Indicator: Positive crossover, Fisher at 0.80, Trigger at 0.27 (Mid-Range) ✨
Parabolic SAR: Buy signal at ₹391.00 🟢
Target Prices & Stop Loss:
Target 1: ₹443.65 (0.786 Fibonacci Level) 🎯
Target 2: ₹458.00 (Level 1 of February Series) 🎯
Stop Loss: If falls below ₹424.50 (0.5 Fibonacci Level) ⛔️
Overall Outlook: Bullish in the short term, but confirmation needed from other indicators. Volatility noted. Investors are advised to monitor closely.
Disclaimer: This analysis is for informational purposes only and should not be construed as investment advice. Investment decisions should be based on individual research and risk appetite. 🚫
#IndianBank #StockAnalysis #TechnicalAnalysis #Investing #StockMarket #BullishTrend #TradingTargets #RiskManagement
Nifty Prediction and Bank Nifty Analysis for Friday 19 January 2🔴Disclaimer: This information is solely for Education Purposes only and to provide information and is not intended to give any advice. Please consult your financial advisors before making any decisions. Stock Market investments are subjected to market risks.
⏺In this video, we'll give you a nifty prediction and Bank Nifty analysis for Friday, 19 January 2024.
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