EMS LIMITED swing Idea....Positives
EMS LIMITED broke out ATH today.
Water management theme, Supporting theme.
negitives
Broader market heated up, breakouts may fail.
Note: No idea about fundamentals
CUP
Sukhjit Starch and ChemicalsAfter an almost perfect cup, the retracement reversed from the golden ratio.
Simple analysis following the fundamentals of pattern investing.
Stoploss is mandatory in triangle break patterns.
Hind Copper - Long Term TradeHind Copper Analysis
The stock is currently showing a Cup formation on the weekly time frame. The Relative Strength Index (RSI) is finding support around 38-40 on the same time frame.
An entry point can be considered at the current levels of 260-275. If there are dips, it is advisable to accumulate shares in the 230-250 range.
First target: approximately Rs 400
Second target: in the range of Rs 450-475
Long-term target: between Rs 575-600
Stop Loss: set at Rs 200
Disclaimer: Study only for Educational Purpose.
Remember: My Money, My Risk, My Reward, My Responsibility.
Please Consult your SEBI registered Financial Advisor for any Financial Advice/ Decision.
Shriram finance Price Action.Shriram finance is form inverse Head & shoulder pattern. It can long from here if come near 1650 add more. Target would be 2700.
SwingPrice Trend:
The stock has been in a consolidation phase in recent years after recovering sharply from the COVID-19 crash in 2020.
There is a noticeable breakout attempt above a key resistance trendline (orange line), indicating bullish momentum.
Resistance Levels:
The horizontal line at ₹1,350 represents a critical resistance zone. This level appears to have been tested multiple times over the past few years and has now been breached.
Breakout Confirmation:
The weekly candle has closed above the resistance line, indicating a possible breakout.
The breakout suggests that the stock might rally higher, targeting the next projected level of approximately ₹1,850 (a 37% potential upside).
Volume:
The trading volume for the breakout week is relatively stable, though significant spikes in volume would further validate the breakout strength.
200 EMA Perspective:
If included, the stock's 200 EMA (Exponential Moving Average) might be acting as support below current levels, providing bullish sentiment.
Conclusion
This chart hints at a potential bullish breakout from long-term resistance. If market sentiment supports this move, the stock could continue its upward trajectory. However, traders should keep an eye on the volume and watch for sustained closes above ₹1,350 to confirm the breakout.
NMDC looking strong for a uo moveMulti month cup sort of formation observed in NMDC.Recently observed RS Nifty 55 turning Positive and RSI showing strength.
Entry : 245
SL : 5-6 PERCENTAGE
TGT: CUP HEIGHT
Long CUP pattern, All Time HighScrip broke previous high of 2129 after 9 years and it is currently at all time high. Monthly and Weekly looking strong and there is 7* PRD and CIP on weekly, CIP on daily and first 50 GFS(7*) on daily, bullish divergence on hourly.A good long positional trade if market supports.
Meta : Rounding bottom - LONGHey everyone! 🌟
It looks like Meta has successfully completed a rounding bottom pattern as of January 2024 and is currently forming a bullish flag pattern with some strong volume. They’ve just had a clean breakout, which is exciting! The target from the rounding bottom or cup pattern is around 702, with support at 515, especially since the current market price is 561.34.
This setup offers a great risk-reward ratio of 1:3 for long-term positions.
If you found this chart analysis helpful, give it a like! 😊📈
GINNIFILA: Cup & Handle Pattern with Elliot 3rd wave to start ?GINNIFILA seems in a cup & handle pattern since June 2017.
Higher timeframes MACD looks good.
On daily timeframe we can see breakout of Resistance trendline with Good Volume.
Elliot wave: Looks it has complete wave 1 & 2, and 3rd wave is in progress on weekly & monthly timeframes.
My entry price is around: 33.
Stop Loss: 26.
Conservative Target = 110.
Aggresive Target = 140.
Playing the INDIANCARD on 22nd Jan 2024 !INDIANCARD is a well-established player in the Indian textile machinery industry with a strong presence in card clothing and related products. The company has promising growth opportunities driven by domestic market expansion, export potential, and diversification strategies. However, volatile profitability and competitive pressure remain key risks to consider.
Operations:
Card Clothing : Manufacture and supply card clothing for various textile processing applications, including carding, combing, and brushing.
Metallic Clothing: Produce metallic card clothing using wire cards and pins for specialized applications.
Accessories: Offer a range of textile machinery accessories like grinding machines, setting tools, and doffing blades.
Growth Opportunities:
Growing demand for textile machinery due to rising domestic textile production and government initiatives like "Make in India."
Continued focus on expanding into new markets and strengthening existing relationships in Europe, America, and Asia.
Exploring opportunities in adjacent segments like non-woven and technical textiles, which offer higher growth potential.
EPL LTDEPL Limited (formerly known as Essel Propack Limited),is the largest specialty packaging global company, manufacturing laminated plastic tubes catering to the Beauty & Cosmetics, Pharma & Health, Food, Oral and Home.
The company was acquired by the Blackstone group on Aug – 2019 from the Essel group of companies. The Blackstone Group is one of the leading investment firms in the world with an AUM of around USD 511 billion across sectors like private equity, real estate, hedge fund solutions and credit businesses.
The company is the world's largest global specialty packaging company with annual capacity of ~8 billion Tubes with manufacturing units operating across USA, Mexico, Colombia, Brazil, Poland, Germany, Egypt, China, Philippines and India.
Snowman Logistics Ltd.Snowman Logistics is engaged in the business of Temperature controlled logistics including, but not limited to storage, transportation by road, and distribution of products requiring a temperature controlled environment.
Market Cap: ₹ 1,341 Cr.
Promoter holding: 46.4 %
FII holding: 2.67 %
DII holding: 1.16 %
Public holding: 49.7 %
Snowman Making a Cup and Handle pattern and above breakout level we can see the good move up in it. Buy on dip will good and company is doing constant growth and making a good profits.
IFCI -ROUND BOTTOM PATTERN. NEXT POSSIBLE TARGET 100IFCI has completed a Round Bottom Pattern and is facing resistance @ 70-73. Once the level has been broken decisively we can look to enter afresh for the next target of 100.
AMBALALSA - MONTHLY BREAKOUT WITH TURNAROUND POTENTIALHi Friends,
Today I'll like to share a very interesting company Ambalal Sarabhai Enterprises Ltd
Fundamentals:
MCap - 548Cr
Mcap/Sales - 3.16
Promoter Holding - 30.8%
PE - 96
On the onset, everything looks bad about this company except PRICE ACTION & FY23 AR (Especially Director's Report)
Some Key factors in the report
- Strategy of moving business to focussed subsidiaries has been successful
- Asence Pharma has started a new Oncology and Synthetic API plant
- Synbiotics is manufacturing an antifungal active ingredient - Amphotericin B
- Sarabhai M Chemicals has started manufacturing Vitamin C coated products
- Vovantis Labs has setup a state of art manufacturing facility to expand business
- CoSara DIagnostics has the exclusive manufacturing rights in India for the complete menu of its US partner - Co-Diagnostics
So many turnaround factors which is clearly indicated by Price Action
Technicals
On a monthly chart, PA has formed a CUP and HANDLE with breakout. This is a powerful indication of confirming the fundamentals stated above.
This pick is for those who like turnaround candidates (dark horse)
Hope you'll like this idea,
Thanks,
Stock-n-Shine
The great potential stock detected.Yes, The great potential stock detected which is SUNTV.
The RSI > 60 also 3 white soldires and cup and handle pattern are detected.
So Based on cup and handle pattern Target will be 1145.
Note: this is not a stock recommandation for buy or sell. this post for learning purpose only.
Financially strong company on verge of BOName PG Electroplast
Piotski Scr 7.00
P/E 50.19
Ind PE 78.70
CMP / BV 6.52
Current Ratio 1.46
Low debt
Increasing promoter and FII Holding
Dynamatic Technology Price Action.Dynamatic Technology is given breakout of inverse Head & Shoulder pattern. It may test 7800 target in 3-6 months as per chart analysis.
Msumi Msumi
Breakout of cup and handle ... With high volume sspike.
TRG is 1at 80 2nd 95 ... Sl paid
. Study purpose .
for MORE check in my TradingView ID
If You LIKE MY Idea ...... Boost..... its "Disclosure : I am not Sebi-registered." This channel is for educational purpose only. Any profit/loss, I am not responsible.
Before taking any trade on our charts / calls, please consult your financial advisors. Thank you
COFORGE - Cup & Handle BreakoutCOFORGE has formed Cup & Handle formation on weekly charts. Breakout above ₹6,000/- could lead to a run to ₹6,400/- with a Stop Loss of ₹5,500/-
Swing opportunity in SPCENET LTD.
Cap and hold pattern at higher time frame
Entry above 32.50
Stoploss 21
Expected more than 30% returns
Targets 40,45,50+
Remember its a small cap stock
Only for educational purpose.
Cup & HandleAlkem has already formed cup and also forming Handle but yeah it can take a long waits...
Close above ₹4200 is important....
What's your view ? Bullish or Bearish ?
ABBOTINDIA potential gain 33%ABBOTINDIA is forming a cup with handle pattern which has the potential of gain upto 33%
Small Cup & Handle!+ Positive Sector
+ Prior up trend
+ nice follow through
+ DISC:- Trade executed at 664
+ SL Marked at day's low!
