Chola Fin co., Looking good ; min 20% Roi ; swingFor short term investment ;
Leave a " Like If you agree ". 👍
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Wait for small retracement & daily candle to close above - "1260".
Trade carefully untill ENTRY level.
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Entry: 1260
Target: 1430-1560
sl: 1199
major stoploss/ support: 1190
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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.
Bullishpattern
ALIVUS - Breakout in Daily timeframeALIVUS (Alivus Life Sciences Limited, formerly Glenmark Life Sciences) - Breakout
Breakout observed in daily timeframe of Alivus, the company has a very good chart pattern and is in a good uptrend and recently broke out with good volumes. The breakout has also been retested and sustained. There could be a good upside in this stock. The company also has good fundamentals as written below.
Fundamentals.
MCap 14,299Cr
Stock P/E 32.4
Industry P/E 31.6
ROCE 28.1%
ROE 21.1%
NPM 20.6%
PEG Ratio 1.69
Debt 16Cr
Reserves 2,514Cr
EPS 36.05
Promoter holding 75%
API contribution 9MFY24
Chronic : 69%
Acute : 31%
Key Therapeutic areas contribution 9MFY24
Diabetes : 4%
CVS : 41%
CNS : 17%
Pain Management : 6%
Others : 32%
Business segments
The company has two key segments - Generics and Complex APIs (92% of FY23 revenue) and Contract Development and Manufacturing Operations (CDMO) (8% of FY23 revenue)
ELGIEQUIP cup and handle patternA cup and handle price pattern on a security's price chart is a technical indicator that resembles a cup with a handle, where the cup is in the shape of a "u" and the handle has a slight downward drift.
The cup and handle is considered a bullish signal, with the right-hand side of the pattern typically experiencing lower trading volume. The pattern's formation may be as short as seven weeks or as long as 65 weeks.
Key Takeaways
A cup and handle is a technical chart pattern that resembles a cup and handle where the cup is in the shape of a "u" and the handle has a slight downward drift.
A cup and handle is considered a bullish signal extending an uptrend, and it is used to spot opportunities to go long.
Technical traders using this indicator should place a stop buy order slightly above the upper trendline of the handle part of the pattern.
The pattern was first described by William J. O'Neil in his 1988 classic book on technical analysis, How to Make Money in Stocks.
Price target of 574
Short opportunity on Reliance Indu.Study and Analysis Perspective
📈 Opportunity Overview: There appears to be a short-term bullish trend developing in Reliance Industries' stock, presenting a potential opportunity for traders and investors over the next 1-3 days. This window could align with technical, market, or news-driven factors.
Technical Indicators to Watch:
Price Action
Risk Management Tips:
Set Stop-Loss: Keep a strict stop-loss to protect against unexpected downturns.
Target Profit: Define a profit target to secure gains within the 1-3 day window.
Position Sizing: Avoid over-leveraging; allocate capital wisely based on your portfolio.
W-Pattern Breakout Alert: KRN Heat Exchanger📊 Setup Overview:
Entry: Above ₹828.75
Stop Loss: ₹670
Target: ₹1030 (Positional)
RR: 1:1.2 (📌 Close to 20% risk, so trade light!)
📈 Technical Highlights:
Bouncing off 30DMA & 50DMA, forming a wide-range candle with strong volumes.
RSI looks bullish.
ATH Resistance: ₹833.5 🚧 — if broken with volume, add more and trail your SL!
💡 Fundamentals:
ROCE: 42.1% | ROE: 41.9% ✅
Market Cap: ₹5153 Cr
PE: 129 😬 vs Sector PE ~32. (Expensive, but growth potential seems priced in.)
Trend: Trading against the trend, so position sizing and risk management are key! 🚨
🛑 Disclaimer:
This is not investment advice. Risk management is crucial, especially when trading counter-trend setups. 🚩
💡 Quick Take:
With a W-pattern breakout, bullish RSI, and strong volume, this setup has potential. But the high PE ratio makes it an expensive bet. Sector comparison suggests caution, so treat this as a high-risk, high-reward trade! 🚀
TRENT LONG IDEA...I'm taking long positions in the stock based on my Elliot wave analysis.
On breaking down Trent's chart pattern, I can see that the stock price is currently in the wave 4 correction of an upward major WAVE 4 movement.
I'm expecting a quick bounce back to the marked levels (wave 5 rally).
Please do your own analysis before you trade.
This is HOW and WHAT the Institutions BUYTriveni Turbine Limited is a leading manufacturer of industrial steam turbines. With over five decades of experience, they design, manufacture, and deliver advanced technology steam turbines up to 100 Megawatt Electric (MWe). Their products are used across various industries, including power generation, petrochemicals, and more.
Here are some key points about Triveni Turbine:
Global Presence: They have a presence in over 80 countries.
Comprehensive Solutions: They offer engineered-to-order solutions, including refurbishment services through their Triveni REFURB program.
High-Tech Precision: Their turbines are known for high-tech precision and efficiency.
Diverse Applications: Their steam turbines cater to a wide range of pressure and flow applications.
Look in to the charts for my levels.
One of my charming champions WELCORP.Welspun Corp Limited is a leading manufacturer of large-diameter pipes globally. They produce a variety of products including BIS-certified Steel Billets, TMT (Thermo-Mechanically Treated) Rebars, Ductile Iron (DI) Pipes, Stainless Steel Pipes, and Tubes & Bars.
WCL has a strong global presence with manufacturing facilities in India, the United States, and Saudi Arabia. They are committed to ESG (Environmental, Social, and Governance) goals and are continuously expanding their product offerings to cater to both B2B and B2C markets.
I am entering again at 749 (GTT already placed today) for the target of 856 and with a stop loss at 721.
Tataconsum breaking outThe stock seems to be breaking out from the support levels of 885 that we have identified with the following points
1. Rising volumes.
2. Rising relative strength as compared to the Nifty consumer Index which has not happened in the past
3. Fundamental view: Almost all counters have worked well in this index except for tataconsum, this is now time for this stock to give a nice upmove.
Potential upmove till 975 and then 1027
ZOMATO: Pullback trade📊 Analysis:
Good bullish candle form on 21EMA with good volume.
📈 Trading Plan:
Entry: Buy above 290 (wait for a breakout above candle at least 15-30 min with strong volume confirmation).
Target 1: 320
Target 2: 345
Stop-Loss: 275 closing basis
Nifty Analysis: Double Bottom Formation and Bullish OutlookThe Nifty index appears to be forming a classic "W" or double bottom pattern at its current lower levels, which it has been testing for the past few weeks. This is a strong technical signal often indicative of a potential trend reversal.
Meanwhile, the Dollar Index (DXY) is hovering near its peak levels and is showing signs of a divergence pattern on key technical indicators. This divergence suggests a possible shift in momentum, which could further support bullish sentiment for Nifty.
Based on this pattern analysis, it’s becoming increasingly clear that the market clouds are dissipating, and a brighter phase may be emerging. Nifty is poised for a bullish move, and this could create opportunities in related stocks. Stay vigilant and look out for stocks aligning with your trading framework.
Disclaimer:
This is a technical analysis based on chart patterns and is shared for educational purposes only. Please conduct your own research and analysis before making any trading decisions.






















