Get started

Capitalgoods

Flag and Pole Pattern After Reversing from a SupportNSE:THERMAX is making a Flag and Pole Pattern on Daily Charts after Reversing from a Strong Support Zone on the back of the news that NSE:THERMAX is going to ACQUIRE 100% STAKE IN BUILDTECH PRODUCTS FOR APPROX. 720 MILLION RUPEES. A Breakout of the Flag will give a Bullish Momentum to the Stock Ahead. 🙋‍♀️🙋‍♂️If you have any questions about this stock, feel free to reach out to me. 📌Thank you for exploring my idea! I hope you found it valuable. 🙏FLLOW for more 👍BOOST if useful ✍️COMMENT Below your views. Meanwhile, check out my other stock ideas below until this trade is activated. I would love your feedback. Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
NSE:THERMAXLong
by Karanshah137
3
VCP development #DHINDIATight VCP can be seen developing in DHINDIA, looks like its setting up for a impulse move now. All the scrips in Capital Goods seem to be in trend. I'll be keeping my position low in this trade. Stoploss 75 *DISCLAIMER* This analysis is only for educational purpose. I am not a SEBI Registered Analyst/Advisor. Please consult your financial advisor before taking any position and please use a Stop Loss for any Investments/Trading Positions. It is your hard earned money so give risk management your highest attention. Do take this disclaimer seriously.
BSE:DHINDIALong
by nishant_bhatt
BSE Capital Goods- Relative Strength signaling RED FLAGS!Attached: BSE Capital Goods/ BSE Sensex Daily Chart as of 13th April 2023 The Ratio Chart has given Warning Signals of what is about to come for the Capital Goods Sector, the Warning Signals are as follows: 1) A Broadening Wedge Pattern (see the Blue Trend Lines marking the Pattern) 2) A Double Top formation within the Broadening Wedge Pattern (see the Red Curve and the 2 Down Arrow Marks) 3) Triple Bearish RSI Divergence is also visible 4) MACD is currently in Sell Mode 5) ADX is below 25 meaning range bound (this means a Trend is about to start, biased for the Downside given the other signals) All the Signals I have mentioned are Bearish for the Chart which mean that if it comes to play then the Capital Goods Sector (including Stocks that make up the Sector) would be confirmed to be an UNDERPERFORMER for the coming 2-3 Weeks (till the Downside Target gets met on the Ratio Chart at least) You may look at Stocks within the Capital Goods Sector for Shorting as some of them have already given Sell Signals like L&T and SIEMENS (these 2 are on my radar)
CShort
by T_Harth
2
Greaves Cotton - Ready to Fly Entry – CMP 157 (breakout was 156.8) Stop loss -150.6 (Deep Stop 137) Target 1 – 205.1 Target 2- 290.25 Duration – 2-3 years Co produces electric engines for offices generators and ebikes (high demand for their products) Co is almost debt free Expect current financial year (Mar 2021) Co was making decent and consistent profits Co is trading at Par Valuation (P/B) to its peers like Cummins, Swaraj engines, G G engineering. Promoters of company are constantly added shares over last 2 years. Co Owns Subsidiary Co named Ampere which produces electric Scoters. 2 Wheeler Electric segment is expected to grow at 70% CAGR over next 5 years. So huge Value building can be expected from Greaves Cotton. Technical - Volume accumulation is seen in last 2 weeks with Cup and Handle pattern on weekly chart. Once Stock reaches all time high above 175.6 it will enter uncharted territory. P.S : Holding this Script from lower levels. Disc. : Views Shared for Education Purpose only. Consult your Financial Advisor before taking any position. Please like Share and Comment if you like our work.
NSE:GREAVESCOTLong
by SagirKazi
1