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HINDALCO: Bounce Back with Institutional Confidence – Targets ₹7"HINDALCO: Bounce Back with Institutional Confidence – Targets ₹712 & ₹772" Stock: Hindalco Industries Ltd. (HINDALCO) Analysis: HINDALCO has shown a strong rebound from its major support zone after a significant correction. The stock is supported by positive institutional activity and robust financial performance, indicating potential for further upside. Key Highlights: Institutional Confidence: LIC’s Recent Purchase: Increased stake by 0.01% via open market, making its total holdings 5%. FII/FPI Holdings: Increased from 27.18% to 28.58% in Sep 2024 quarter. Number of FII/FPI Investors: Rose from 1117 to 1145, showing growing interest. Mutual Funds: Increased participation with schemes rising from 43 to 44. Institutional Investors: Total holdings up from 56.67% to 56.83%. Financials: Net Profit: ₹1,891 Cr, a stellar 123.3% YoY growth. Revenue: ₹23,087 Cr, a solid 10.8% YoY growth. Technical Setup: The stock has bounced back from its major support zone with momentum. RSI and other indicators suggest further upside potential. Trade Plan: CMP: ₹667 (example). Targets: ₹712 (initial target), ₹772 (next level). Stop Loss: Below ₹640 to manage risks. Disclaimer: This analysis is for educational and informational purposes only and should not be considered as financial advice. Please conduct your own research or consult a financial advisor before making any investment decisions.
NSE:HINDALCOLong
by ImranulHaqueNoor
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall Resistance Breakout in HPL BUY TODAY SELL TOMORROW for 5%
NSE:HPL
by Kapil-Mittal
3
Hindustan Construction Channel Breakout at 46, Targeting 55-60Details: Asset: Hindustan Construction Company (HCC) Breakout Level: 46 Potential Targets: 55 and 60 Stop Loss: Below 46 or as per risk tolerance Timeframe: Short to medium-term Rationale: Hindustan Construction is showing a clear channel breakout at 46, indicating the potential for further upside. If the breakout is sustained, the stock may achieve the targets of 55 and 60, supported by positive momentum and technical strength. Market Analysis: Technical Setup: The channel breakout at 46 signals bullish momentum, with price action and volume patterns supporting an upward move. Sector Outlook: As an infrastructure-focused company, HCC may benefit from ongoing projects and government infrastructure initiatives, providing a fundamental tailwind. Price Target: First Target: 55 Second Target: 60 Risk Management: Set a stop loss below 46 to protect against downside risks in case the breakout fails to sustain. Timeframe: The move toward 55 and 60 is expected in the short to medium term, contingent on sustained buying pressure and broader market conditions. Risk-Reward Ratio: Favorable, with defined breakout levels and substantial upside potential, making it an attractive setup for bullish traders. Monitor the stock for continued momentum and ensure to track volume and broader market cues to confirm the validity of the breakout.
NSE:HCCLong
by CyborgTradingHub
Bitcoin Bybit chart analysis December 5 Hello It's a Bitcoinguide. If you have a "follower" You can receive comment notifications on real-time travel routes and major sections. If my analysis is helpful, Please would like one booster button at the bottom. This is a 30-minute Bitcoin chart. The analysis is late, so the Nasdaq index is released and the US market is open. I was worried a lot because I might miss the entry point. I'll keep it simple. *Red finger movement path Long position strategy 1. $102,665 long position entry section / When the green support line is broken or when section 2 is touched, stop loss 2. ToP section at the top $106,338.5 1st target -> Good 2nd target If the strategy is successful, section 1 at the top is a long position re-entry autonomous section. The movement is sideways within the orange and green convergence sections of sections 1 and 2. Today, the Bollinger Band 15-minute chart did not touch the support line even once, so I operated it as aggressively and safely as possible. Since the 1-hour chart MACD dead cross is in progress, It seems advantageous to operate after the imprint is completed, And today, if you just maintain the sky blue support line, there shouldn't be any problems. Up to this point, I ask that you simply use my analysis for reference and use, And I hope that you operate safely with principle trading and stop loss prices. Thank you for your hard work until late at night. Thank you.
BYBIT:BTCUSD.PLong
by BitCoinGuide
1
Turning Bullish: Maharashtra Seamless LtdIntro: Maharashtra Seamless Ltd manufactures seamless pipes & tubes, ERW pipes. It is also in the business of renewable power generation and rig operations. Fundamental Analysis: Market Cap: ₹ 10,301 Cr. High / Low: ₹ 1,099 / 563 Stock P/E: 12.2 (Ind. P/E:30.3) ROCE: 22.9 % ROE: 18.1 % Sales Growth (3 years): 33%; Profit Growth (3 years): 69% Stock Analysis: Maharstra Seamless has been consolidating in a tight range between 569 and 701 for 3 months. In the last couple of sessions, it has given a strong breakout with good volume. Resistance levels: 782, 827, 927, 997, 1033 20 EMA has just crossed 50 EMA confirming the bullish trend. However, volume has to support for further quick upside momentum.
NSE:MAHSEAMLESLong
by shanmurali
AxisBank | Trendline BUll Breakout ⭕️ Swing Trading opportunity: Price Action Analysis Alert !!!⭕️ 💡✍️Technical Reasons to trade or Strategy applied :- ✅Inverted Head & Shoulder Chart Pattern Bull Breakout ✅Breakout confirmed ✅Rise in Volume ✅Good 3 touches Trendline Breakout with volume ✅Clear uptrend with HH & HLs sequence ✅ Order block as potential Supports ✅Check out my TradingView profile to see how we analyze charts and execute trades. 🙋‍♀️🙋‍♂️If you have any questions about this stock, feel free to reach out to me. 📍📌Thank you for exploring our idea! We hope you found it valuable. 🙏FLLOW for more ! 👍LIKE if useful ! ✍️COMMENT Below your view !
NSE:AXISBANKLong
by ReviveTraders
Britannia |Bull Rally Pending . ⭕️ Swing Trading opportunity: Price Action Analysis Alert !!!⭕️ 💡✍️Technical Reasons to trade or Strategy applied :- ✅Inverted Head & Shoulder Chart Pattern Bull Breakout required ✅Breakout confirmation required ✅Rise in Volume ✅Good 3 touches Trendline with volume ✅Clear uptrend with HH & HLs sequence in smaller Time frame ✅ Order block as potential Supports ✅Check out my TradingView profile to see how we analyze charts and execute trades. 🙋‍♀️🙋‍♂️If you have any questions about this stock, feel free to reach out to me. 📍📌Thank you for exploring our idea! We hope you found it valuable. 🙏FLLOW for more ! 👍LIKE if useful ! ✍️COMMENT Below your view !
NSE:BRITANNIALong
by ReviveTraders
MMTC Ltd Poised for Upside After Channel Support at 84Details: Asset: MMTC Limited (MMTC) Support Level: 84 (channel support) Potential Target: To be determined based on breakout confirmation Stop Loss: Below 84 or as per individual risk tolerance Timeframe: Short to medium-term Rationale: MMTC has taken support at the 84 level within its channel, signaling potential for an upward move. If buying interest picks up, the stock could see a rally, provided it sustains above this critical support. Market Analysis: Technical Setup: The stock has respected the channel support at 84, and its price action suggests a reversal or continuation of the upward trend. Sector Context: MMTC, as a key player in trading and minerals, may benefit from favorable commodity trends and market conditions. Price Target: Potential targets will depend on confirmation of the breakout and volume support. Historical resistance levels can serve as benchmarks for initial targets. Risk Management: Place a stop loss below the 84 support level to minimize risk in case of further downside. Timeframe: Short to medium-term, depending on the strength of the bounce and overall market sentiment. Risk-Reward Ratio: Favorable, with a low-risk entry point near support and significant upside potential if the stock breaks out of the channel. Watch for confirmation of upward momentum and ensure to monitor volume and market conditions closely before initiating a position.
NSE:MMTCLong
by CyborgTradingHub