Chartanalysis
Olectra Greentech Ltd - Long Setup, Move is ON...#OLECTRA trading above Resistance of 1501
Next Resistance is at 2108
Support is at 1051
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
ACI - SWING TRADE - 28th November #stocksACI (1W TF)
Swing Trade Analysis given on 28th November, 2023 (Tuesday)
Pattern: PULLBACK FROM DEMAND ZONE
- Pullback Candle - Done ✓
- Retracement + Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #aci
Tata Investment Corporation Limited - Long Setup, Move is ON...#TATAINVEST trading above Resistance of 4427
Next Resistance is at 6095
Support is at 3410
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Breakout Rally in Skipper LtdNSE:SKIPPER is expected to break past its resistance and may rally up to 20% in the near future.
Technical Reason - NSE:SKIPPER had been on a downtrend in the first half of December before resuming its upward movement from 22nd December. NSE:SKIPPER has been on an uptrend ever since breaking out from its downtrend channel. NSE:SKIPPER has always encountered resistance at 260, however this time, a big green Marbozu has formed and closed above its resistance which shows that bulls plan to take this stock to higher levels. The MACD indicator also indicates that bulls are in control and it is the right time to go long on $NSE:SKIPPER.
Fundamental Reason - NSE:SKIPPER is trading at a PE of 39, which seems reasonable due to the current market conditions and as the company is a high growth company. It's revenue and net profit are on course to jump by at least 40%. It also has high positive cash flow and sufficient free cash to cover its liabilities. It has also achieved high levels of profitability.
Trade setup - You may enter buy at 260 and set a stoploss at 210. You may exit when the stock reaches 320.
Momentum Swing idea| Fairchem Organics LtdFairchem Organics Ltd
Fairchem Organics Limited was established in 2019, wherein Fairchem Speciality Limited (FSL) transferred the businesses of Oleo chemicals and nutraceuticals as per the scheme of demerger. engaged in manufacturing of specialty chemicals like dimer acid, linoleic acid, mixed tocopherol concentrate and sterols concentrate, which find application in various industries like nutraceuticals, paints, printing ink, detergents, adhesives, etc.
Financial:strong
Market Cap= ₹ 1,825 Cr. Stock P/E = 45.0
ROCE = 21.5 % ROE = 17.7 % Debt to equity = 0.13
Promoter holding = 58.9 % Quick ratio = 1.30 Current ratio =2.71
Profit Var 3Yrs = 7.59 % Sales growth 3Years = 28.4 % Return on assets = 13.1 %
This stock is now in high momentum RSI : 57
since long time consolidation finally stock seen upward move and pharma sector is also in favor.
we can see high volume with price.
Company has a good return on equity track record
Company has been maintaining a healthy dividend payout of 19.4%
Note: I am not SEBI registered financial Adviser. I solely present my views on chart .I do not charge any kind of service. This is not buy sell recommendation.
If you like my ideas than like boost and follow me for more ideas.
Thanks and comment freely
SPARC - Short TermOn Technical Indicators this stock shows bullish trend. While on the Weekly Chart the Stock has shown the break out of flag pattern. Buy @ 378.60, SL @ 360 & Tgt @ 423
Snowman Logistics - Short TermThis Logistics company has formed cup and handle formation on weekly charts. Technical Indicators show strength for the short run. Buy @ 74.40 with SL @ 62.58 and Tgt @ 93.24
ITC Looking WeakITC was in the news since so long time, that after years of pressure, it gave a very good breakout and the stock which people use to tease finally skyrocket and touch its all time high mark...
Now it has formed a Inverted Dow in the chart as you can see and it should be slip upto mentioned level but overall it's positive and after retesting the mentioned levels it will again shot up to another high .....
Educational purpose only....
Breakout in Autoline Industries Limited...Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Dr Reddy-A large cap investment multibagger!Dr Reddy has given a huge weekly breakout from Inverted head and shoulders pattern.
This stock is a blind buy for investment considering the pharma rally expected for next few years. Add on dips is the best way to accumulate such investment stock.
The company has one of the best fundamentals as of date. Stock is available at PE of 20 and PEG of 0.52. the return ratios are above 20%.
This stock has to be part of your portfolio if you prefer investing in large cap stocks.
I had seen such pattern in Tata motors when the stock was trading around 440 few months back and now stock has almost doubled from that price.
We can expect similar move in this stock but at a slower rate.
Dhanuka Agritech Ltd. Long OpportunityDhanuka Agritech Ltd is now trading at major support level 1050 and it can go up from here.
key fundamentals points
1. no debt
2. Free cash flow is positive
3. net profit is increasing from last 5 years
4. total assets are almost 4x of liability
HDFC Asset Management Company Ltd - Long Setup, Move is ON...#HDFCAMC trading above Resistance of 3844
Next Resistance is at 5237
Support is at 2982
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Great chart Target are mentioned in chart
No recommendation for buy and sell
Auto axillary stock
It's like hidden stock
Never appeared in social media this stock means not more discussion on tv channel or social media
No recommendation for buy and sell
Punjab National Bank - Long Setup, Move is ON...#PNB trading above Resistance of 130
Next Resistance is at 153
Support is at 104
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Punjab National Bank - Long Setup, Move is ON...#PNB trading above Resistance of 104
Next Resistance is at 130
Support is at 86
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
HDFC Asset Management Company Ltd - Long Setup, Move is ON...#HDFCAMC trading above Resistance of 3361
Next Resistance is at 3844
Support is at 2853
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Blue Star Ltd - Long Setup, Move is ON...#BLUESTARCO trading above Resistance of 1070
Next Resistance is at 1218
Support is at 831
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Bajaj Auto Ltd - Long Setup, Move is ON...#BAJAJ_AUTO trading above Resistance of 6186
Next Resistance is at 7865
Support is at 4506
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Ahluwalia Contracts India - Long Setup, Move is ON...#AHLUCONT trading above Resistance of 632
Next Resistance is at 939
Support is at 429
Here is previous chart:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Ganesh Housing Corporation - Long Setup, Move is ON...#GANESHHOUC trading above Resistance of 465
Next Resistance is at 748
Support is at 401
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Talbros Automotive Components - Long Setup, Move is ON...#TALBROAUTO trading above Resistance of 820.85
Next Resistance is at 1290
Support is at 532.45
Here are previous charts:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
