Bullish Rounding Bottom confirmed on Central BankA bullish Rounding Bottom Breakout pattern activated on the 4 Hour chart of Central Bank. One can create a fresh position in NSE:CENTRALBK at 31.50 with a stop loss of Rs. 30 for a target of Rs. 35.
Exit the position if the stop loss triggered on DCB.
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Bullish Pennant
Bulish Flag & Pole B/O in Z.F.SteeringA bullish Flag and Pole B/O has been seen on the weekly chart of BSE:ZFSTEERING It is als consolidation within the Ascending Triangale also.
As per the current breakout structure of flag and p [ole one look in to it to create a fresh position at cmp with a SL 590 for first target of 690. The tragts may be more hisher when it gives the breakout of the Ascending Trinagle. I will update accordingly.
Exit the position if the stop lss triggered on Weekly closing basis.
The risk reward ratio for the trade is 1:2 and more if ascending triangle breakout happen
Expecting a small favour from you to like, sahre and prmote the idea.
Your comments are most welcome.
The idea is for Educational Purpose only.
BREAKOUT IN AMBER ENTERPRISES!!!BUY - AMBER ENTERPRISES
CMP - Rs. 2127
Target - 1: Rs. 2725
Target - 2: Rs. 3173
Target - 3: Rs. 3740
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Technicals - Trendline Breakout
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Why should you invest in this stock?
a) According to sales estimates from analysts polled by Standard & Poor's, the company is among the best with regard to growth.
b) The company's earnings per share (EPS) are expected to grow significantly over the next few years according to the consensus of analysts covering the stock.
c) Over the last twelve months, the sales forecast has been frequently revised upwards.
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This is just a view by an expert analyst, please invest at your own risk.
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BREAKOUT OF THE YEAR - HYDERABAD INDUSTRIES LTD!!!BUY - HIL LTD
CMP - Rs. 3119
Target - 1: Rs. 4650
Target - 2: Rs. 5650
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Technicals - Descending Channel BO
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Fundamentals -
Hyderabad Industries Ltd. is a company that manufactures and markets building products and thermal insulation products in India and internationally.
It operates in two segments, Building Products, and Thermal Insulation Products. The company has a market capitalization of Rs. 2,275.85 crore (US$ 307.6 million) as of November 2023.
It has a P/E ratio of 17.49 and a dividend yield of 2.12%. The company's promoters hold 40.59% of the shares, while non-promoters hold 6.19%, the government holds 4.05%, domestic institutional investors hold 3.52%, foreign institutional investors hold 6.98% and others hold 38.67%.
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This is just a view by an expert analyst, please invest at your own risk.
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TANEJA AEROSPACE - 87% RETURNS!!!BUY - TANEJA AEROSPACE & AVIATION LTD
CMP - Rs. 129
Target - 1: Rs. 187
Target - 2: Rs. 240
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Technicals - Bullish Pennant nearing BO
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Fundamentals - 1) 239% Increase in net profit YoY.
2) 383% Increase in EPS YoY.
3) 28% Increase in Sales YoY.
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This is just a view by an expert analyst, please invest at your own risk.
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LT BULLISH PENNANT VERGE OF BREAKOUT ??!!! Chart pattern looks good for the long trade with minimal risk
Bullish pole pennant formation yet to give Breakout
Nothing much to explain, As the chart explains the situation
Bright green dashed lines- Target levels
Bright red dashed line- SL
Entry can be now or after the Breakout of the pennant.
Let's wait and watch how it moves!!!
NOTE - Just sharing my view...not a tip nor advice!!!
BULLISH Pennant #TadingClass #Technical Trading PatternBullish Pennant:
Its a Technical Trading Pattern which helps to find profitable trades for uptrend movement.
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