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IPO BREAKOUT TRADE📈 Daily Watchlist Update: IPO Breakout Alert 🚀 Stock Name: MANBA 🏦 Current Status: 🟢 This is a classic IPO breakout, a strategy I follow with small quantities for controlled risk 🎯. Buy Conditions: 🟢 Discount Zone: Look to buy in the ₹175-₹165 range for better value. 🟢 Stop Loss (SL): ₹148. ⚠️ Reminder: Do your own research (DYOR) 🧠 before entering any trade. This is a high-risk strategy, so always proceed at your own risk! 📖 Educational Note: This update is for educational purposes only. Evaluate your risk tolerance before taking any positions 🌟📊. 👉 Follow for more content and to support my updates! Let’s trade smart and grow together 🙌📢.
MLong
by Dharsh5895
#SFL (Sheetla Foam Ltd.)Based on the detailed information from Sheela Foam Ltd.'s investor presentation for Q2 & H1 FY25, here’s a breakdown of reasons to buy or avoid this stock: #SFL @ 846 Consider this number as a Target Target 1 @ 959+ Target 2 @ 1038+ Target 3 @ 1116+ Target 4 @ 1371+ Target 5 @ 1863+ Target 6 @ 2451+++ ### Reasons to Buy: 1. Strong Market Presence: - Sheela Foam holds a ~30% market share in India's mattress segment, with trusted brands like Sleepwell and Kurlon. - It also has a 40% market share in Australia, highlighting its international strength. 2. Diverse Global Footprint: - Operations in India, Australia, and Spain with significant manufacturing capacity in each region. - Backward integration ensures a wide product basket and cost efficiencies. 3. Revenue Growth: - Consolidated revenue grew 29% YoY in H1 FY25, indicating strong operational performance. - Expanding distribution network with a growing number of exclusive brand outlets (EBOs). 4. Focus on High-Margin Products: - Strategic shift towards premium and high-margin products to improve profitability. 5. Trusted Brand Value: - Recognized as India’s No.1 mattress brand by TOI and has a strong digital presence with over 86.9M total reach. Reasons to Avoid: 1. Declining Margins: - EBITDA margin decreased to 8% in H1 FY25 from 11% YoY. Profit after tax (PAT) margin also dropped from 7% to 3%. 2. Rising Costs: - Finance costs surged 3.5x YoY in H1 FY25, affecting net profitability. 3. Increased Debt Levels: - Borrowings have significantly increased, which may pressure the balance sheet. 4. Competitive Industry: - The mattress and foam markets face stiff competition, which could compress margins further if price wars intensify. 5. Stock Performance: - The stock is trading near its 52-week low, and its market cap has been under pressure, indicating potential investor concerns. Key Technical Insights: - The current price (CMP) is INR 919.95 with a 52-week high of INR 1,285.4 and low of INR 874.1. It suggests consolidation near the lower range, which could offer a rebound opportunity if fundamentals improve. Inside News: - Recent launches like the foldable mattresses TARANG (Sleepwell) and AARAM (Kurlon) cater to rural and budget segments, potentially driving growth. - A collaborative initiative with the Indian Society of Sleep Research enhances brand visibility and positions the company as a thought leader in the health and wellness space. Would you like a deeper analysis or additional details?
NSE:SFLLong
by INVESTWISELY_1111
breakout BSE📈 Daily Watchlist Update: Potential Breakout 📊 Stock Name: BSE 📜 Current Status: 🟢 The stock has shown a very good breakout, breaking its All-Time High (ATH) with strong volume 📈. Buy Conditions: 🟢 Discount Zone: If the stock retraces to the ₹5000-₹4700 range, it’s a potential discount zone. 🟢 Look for a break of internal structure and market shift before entering. 🟢 Stop Loss (SL): ₹4350. Next Steps: 🟢 If the stock retraces, I’ll post about the buy entries later. 🟢 If it doesn’t retrace, I’ll move on to another stock—there’s always another opportunity to trade 🌅. 📖 Educational Note: This update is for educational purposes only. Please evaluate your risk appetite before making trading decisions. 🌟📊 👉 Follow for more content and to support my updates! Your engagement helps me bring more insights 🙌📢.
NSE:BSELong
by Dharsh5895
EPL LTD !! A good Stocks to buyHow's The Josh Traders?? EPL Limited (Essel Propack Limited) reported the following turnover for the second quarter and six months ending September 30, 2024 Second quarter: Sales were INR 10,862 million, and revenue was INR 11,002 million Six months: Sales were INR 20,936 million, and revenue was INR 21,141 million EPL Limited is a global tube-packaging company that specializes in laminated plastic tubes for the FMCG and Pharma industries. The company is headquartered in Mumbai and is owned by The Blackstone Group. As we can See Technical Charts of EPL Limited, Chart Has completed its Wave 1 & 2 and ready for the big wave 3 & 5. SO , BUY EPL LTD TARGET 1 : 617 TARGET 2 : 905 NOTE : THIS IS FOR EDUCATIONAL PURPOSE PLEASE REFR TO YOUR FINANCIAL ADVISOR BEFORE TAKING ANY TRADE. HAVE A GOOD DAY TRADERS .
NSE:EPLLong
by Trading_Bulls0000
BTC/USDT Analysis – Consolidation After Sharp Sell-OffOverview: - Bitcoin has experienced significant volatility, with a sharp decline from recent highs near $103,000 followed by a partial recovery. Currently, the price is consolidating below the $98,000 resistance level, signaling indecision in the market. Key Levels to Watch: - Resistance: - Immediate resistance at $98,000. - A stronger supply zone is visible around $100,000. - Support: - Key support levels lie at $95,000 and $92,000, where buyers have shown strong interest during the recent dip. Market Structure: - Trend: - Short-term: Bearish due to the sharp sell-off and rejection near resistance. - Medium-term: Neutral to slightly bullish, as the higher lows from prior sessions remain intact. - Candlestick Patterns: - The long lower wicks during the dip indicate buyer absorption near $92,000–$95,000. - Recent candles show consolidation, suggesting market indecision ahead of a potential breakout. Potential Scenarios: - Bullish Case: - A breakout above $98,000 with strong volume could lead to a retest of $100,000, with potential upside toward $103,000. - Bearish Case: - Failure to reclaim $98,000 could result in a retest of $95,000 and $92,000. A breakdown below $92,000 might accelerate selling pressure, targeting $90,000 and lower levels. Trading Strategy: - For Long Positions: - Entry: On a confirmed breakout above $98,000. - Stop-Loss: Below $95,000. - Targets: $100,000 and $103,000. - For Short Positions: - Entry: On rejection at $98,000 or $100,000. - Stop-Loss: Above $100,000. - Targets: $95,000, $92,000, and $90,000. Conclusion: - BTC/USDT is at a critical juncture. A decisive move beyond $98,000 or below $92,000 will likely define the next major trend. Traders should exercise caution and ensure proper risk management given the current volatility.
by EliteTradersChoudharyJI
1
Paytm - CMP 950 - Monthly - Symmetrical Expanding TrianglePaytm has created Symmetrical Expanding Triangle in Monthly time frame RSI going up continuously, still not in overbought zone MACD is looking good Price is above 20 Months EMA volume is good for past 4-5 months Crossed 930 resistance with good volume DII has increased holding in June and Sep 2024, FII has decreased holdings Target 1 : 1160++ Target 2 : 1350 , This could be next Resistance if price sustain at 1350 and give breakout from triangle with good volume then Target 3 could be ATH - 1955++
NSE:PAYTMLong
by maruviral
Bajaj Auto Ltd.: Descending Wedge - Breakout or Breakdown?Bajaj Auto Ltd. is currently trading within a descending wedge pattern, indicating potential consolidation or a breakout scenario. Here’s the technical breakdown: Key Observations Descending Wedge: The price is narrowing, with lower highs and lows, signaling reduced selling momentum. Support Zone: ₹8,800–₹8,900 serves as a strong support level. A breakdown below this could lead to further downside. Resistance Levels: ₹9,262.90: Immediate resistance. ₹9,642.45 and ₹9,995.55: Higher levels to watch in case of a breakout. Trade Outlook Bullish View: A breakout above the wedge’s upper trendline signals upward momentum, targeting ₹9,262 and beyond. Bearish View: A breakdown below ₹8,800 could push the price to ₹8,600 or ₹8,400.
NSE:BAJAJ_AUTOLong
by ayusharya_001
BANKNIFTY: INSTITUTIONAL LEVELS FOR 06/12/2024Overview This trading system combines simplicity with powerful insights for accurate entries and exits. It is structured for active traders using the 5-minute timeframe who want to make clear, confident trading decisions in fast-moving markets. Key Strategy Guidelines Retest Entries : Aim to enter trades on retests rather than breakouts, offering better positioning. Multiple Confirmations : Use more than one confirmation to validate each trade, helping avoid impulsive decisions. ATM Options Focus : Stick to at-the-money (ATM) options or above for optimal liquidity and manageable risk. System Explanation This setup leverages volume, historical price action, and price ranges to pinpoint high-probability entry and exit points. This methodology is designed to reduce guesswork, allowing traders to manage trades with a consistent approach. How It Works: Entry/Exit Signals Blue Line : Signals potential long entry. Red Line : Indicates potential short entry. Tip : Align these signals with additional confirmations from your trading strategy for optimal performance. Stop Loss and Take Profit Levels Stop Loss: Long Trades : Set your stop loss at the nearest red line below the entry point, or adjust based on whether the 5-minute candle crosses the red line. Short Trades : Use the blue line above as the stop loss. Take Profit: Long Entries :Target the next red line above or exit if other indicators suggest a prudent exit. Short Entries :Target the next blue line below following similar guidelines. Timeframe Recommendation This system is specifically optimized for the 5-minute timeframe, making it suitable for those trading shorter intervals with precision. Risk Disclaimer Trading involves high risk, and rapid price changes can lead to unexpected losses. Only trade with capital you can afford to lose, and carefully assess your financial situation and risk tolerance. Join the Community Discussion Engage with other traders to discuss strategies, share insights, and enhance your understanding of the markets. Let’s grow together as a community of traders. Original Content This trading system is the product of my own expertise and rigorous testing. It’s a unique approach developed through real market experience to offer a clear edge in trading.
NSE:BANKNIFTY
by tony_fx_sm
NIFTY50: INSTITUTIONAL LEVELS FOR 06/12/2024Overview This trading system combines simplicity with powerful insights for accurate entries and exits. It is structured for active traders using the 5-minute timeframe who want to make clear, confident trading decisions in fast-moving markets. Key Strategy Guidelines Retest Entries : Aim to enter trades on retests rather than breakouts, offering better positioning. Multiple Confirmations : Use more than one confirmation to validate each trade, helping avoid impulsive decisions. ATM Options Focus : Stick to at-the-money (ATM) options or above for optimal liquidity and manageable risk. System Explanation This setup leverages volume, historical price action, and price ranges to pinpoint high-probability entry and exit points. This methodology is designed to reduce guesswork, allowing traders to manage trades with a consistent approach. How It Works: Entry/Exit Signals Blue Line : Signals potential long entry. Red Line : Indicates potential short entry. Tip : Align these signals with additional confirmations from your trading strategy for optimal performance. Stop Loss and Take Profit Levels Stop Loss: Long Trades : Set your stop loss at the nearest red line below the entry point, or adjust based on whether the 5-minute candle crosses the red line. Short Trades : Use the blue line above as the stop loss. Take Profit: Long Entries :Target the next red line above or exit if other indicators suggest a prudent exit. Short Entries :Target the next blue line below following similar guidelines. Timeframe Recommendation This system is specifically optimized for the 5-minute timeframe, making it suitable for those trading shorter intervals with precision. Risk Disclaimer Trading involves high risk, and rapid price changes can lead to unexpected losses. Only trade with capital you can afford to lose, and carefully assess your financial situation and risk tolerance. Join the Community Discussion Engage with other traders to discuss strategies, share insights, and enhance your understanding of the markets. Let’s grow together as a community of traders. Original Content This trading system is the product of my own expertise and rigorous testing. It’s a unique approach developed through real market experience to offer a clear edge in trading.
NSE:NIFTY
by tony_fx_sm
nifty trading strategy for 06th December 2024Trading Strategy for Nifty: Buy Strategy: Entry Point: Enter a long position (buy) above the high of the candle that closes above 24839 on a 15-minute timeframe. This means if a 15-minute candle closes above 24839, you will buy once the price exceeds the high of that candle. Stop Loss: Set a stop loss below the low of the breakout candle or a significant support level to manage risk. For instance, if the breakout candle has a low of 24800, you might set your stop loss at 24790 to protect your capital. Target: Determine your target based on historical resistance levels or a specific risk-reward ratio. For example, if you're risking 49 points (from 24839 to 24790), aim for a reward of at least 98 points (e.g., a target of 24937). Sell Strategy: Entry Point: Enter a short position (sell) below the low of the candle that closes below 24495 on a 15-minute timeframe. This means if a 15-minute candle closes below 24495, you will sell once the price drops below the low of that candle. Stop Loss: Set a stop loss above the high of the breakdown candle or a significant resistance level. For example, if the breakdown candle has a high of 24530, you might set your stop loss at 24540 to mitigate risk. Target: Determine your target based on historical support levels or a specific risk-reward ratio. For example, if you're risking 45 points (from 24495 to 24540), aim for a reward of at least 90 points (e.g., a target of 24405). Risk Management: Use Stop Losses: Always use stop losses to protect your capital and limit potential losses. Position Sizing: Never risk more than a small percentage (e.g., 1-2%) of your trading capital on a single trade. Regular Review: Continuously monitor the market and adjust your strategy based on evolving conditions and new information. Market Context: Economic Indicators: Pay attention to key economic indicators such as GDP figures, inflation data, and interest rate announcements that can impact Nifty. Geopolitical Events: Be aware of geopolitical events and developments that can cause significant market volatility. Disclaimer: Trading in financial markets involves substantial risk of loss and is not suitable for every investor. The strategies and opinions expressed are those of the author. Users should perform their own research and consult with a financial advisor before making trading decisions. Past performance is not indicative of future results. Note: The author is not SEBI registered. Trade wisely and stay informed! 📈💼
NSE:NIFTY
by ramkkyy