Cupandhandlepattern
Can Linde perform like Ariana Grande ?Rising Channel suggests upward trend along with a continuation pattern.
-Annual Revenue rose 49.5%, in the last year to Rs 3,239.5 Crores. Its sector's average revenue growth for the last fiscal year was 17%.
-Annual Net Profit rose 6.1% in the last year to Rs 538.1 Crores. Its sector's average net profit growth for the last fiscal year was 5.4%.
Linde India Limited, a subsidiary of BOC Group,UK (owns 75% stake in the co), is primarily engaged in manufacture of industrial and medical gases and construction of cryogenic and non cryogenic air separation plants.
Gas and Related Products:
It comprises of pipeline gas supplies to large industrial customers like primary steel, glass and chemical industries, supply of liquefied gases through Cryogenic tankers (Bulk) to cater to demand across a wide range of industrial sectors and compressed gas supply in cylinders (Packaged Gas) for meeting smaller demand for gases mainly across fabrication, manufacturing and construction industry.
Healthcare business:
It provides high quality gases for pharmaceutical use such as medical oxygen, synthetic air and nitrous oxide in addition to providing state of the art medical gas distribution systems to major hospitals.
Long Setup C&H Pattern in Religare, Confluence with Price ActionHello Everyone, Hope you all are doing Fine . Today we are going to talk About Religare buy opportunity. I will Explain Everything Each minor Details why I would go LONG in This Stock.
As you can Already see in the Chart . Price is Already above 200 SMA , Which means Price is in Uptrend in Daily and Weekly time Frame.
Major Resistance Level ( SupplyZone) is 190 to 194 Level. Previously Price reached to that Level and Correct itself and Reverse it from there.
Now the Scenario is Different Price again reached to that Level But this time With Good Volume and Cover Almost Last 3-4 session candle .
Cup & Handle Pattern Spotted as well . Which gives us more Confirmation to go long in this Stock.
Entry = 190
SL = 160
TGT = 260
Please do your Research Before Get into buying . This is my Style of Trading and I am sharing this to you because this Trading Style Suits me .
If you Have any Question Regarding this IDEA. Feel Free to comment down Below .
HAPPY TRADING !!
Disclaimer-: View is just for Educational purpose only.
Consult your financial advisor before taking any financial Decision.
Take a Long with Bikaji, TECHNOFUNDA StrategyIt's just giving a breakout and forming Cup and Handle pattern.
Take a long until the quarterly result shows strong growth.
Bikaji Foods International Limited is one of India's largest fast-moving consumer goods ("FMCG") brands. The company's product range includes six principal categories: bhujia, namkeen, packaged sweets, papad, western snacks as well as other snacks which primarily include gift packs (assortment), frozen food, mathri range, and cookies.
Reason for long
Prices for raw materials and packing materials were lower, lower during the quarter
The volume growth can come in the festival session
The FII And DII holding increased
During the quarter, they acquired 49% stake in small brand, Bhujialalji Private Limited
Keep track the quarterly result and concoll of company
Sakar Healthcare Cup and Handle But wait!The stock hit UC of 20% and has given Cup and Handle pattern breakout.
Though the risk is with Stop loss its far away. Even with last possible support entry point at 279 and last invalidation point its more or less 15%.
So if move goes against you be ready to loose 15-16%.
Keeping in watchlist it may also continue upward trend but need to watch with caution.
DISCLAIMER:
There is no guarantee of profits or no exceptions from losses.
The stock and its levels discussed are solely the personal views of my research.
You are advised to rely on your judgement while investing/Trading decisions.
Seek help of your financial advisor before investing/trading.
Investment Warnings:
We would like to draw your attention to the following important investment warnings.
-Investment is subject to market risks.
-The value of shares and investments and the income derived from them can go down as well as up.
-Investors may not get back the amount they invested - losing one's shirt is a real risk.
-Past performance is not a guide to future performance.
-I may or may not trade this analysis
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SOUTH INDIA BANK - MULTIBAGGER STOCK???BUY - SOUTH INDIA BANK
CMP - Rs. 18
Target - 1: Rs. 25
Target - 2: Rs. 33
Target - 3: Rs. 42
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Technicals - Bullish Flag BO
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Note: Target 1 will be achieved within 1 year, Target - 2 within 1.5 years, and Target - 3 in 2-2.5 years.
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This is just a view by an expert analyst, please invest at your own risk.
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Samvardhana Motherson InternationalHello & welcome to this analysis
A rank outperformer from its listing back in 1999, stock has a history of doing deeper retracements and then following it with much stronger rallies.
Currently in the monthly time frame its forming a cup & handle pattern that suggests accumulation for yet another strong upside.
However, in the short term it could see a dip if current support levels are broken.
Overall a strong stock in lower time frame consolidation/correction.
Happy Investing
UJJIVANSFB: Formed a Cup & Handle PatternUjjivan Small Finance Bank formed a Cup & Handle Pattern and started give breakout from 34 level.
Stock can be accumulated around 36-37 level.
T1 is expected at 38 and T2 is expected around 43. Overall expected target is 53
Set stoploss at 28 and increase the stoploss when stock moves up.
Pattern is tracked on weekly chart.
Disclaimer:
This idea is only for education purpose, Please consult your financial advisor.
I am not SEBI registered.
Dabur India, Bullish, Target 680The chart of Dabur India shows successful completion of rounding pattern (as explained in previous idea) and now forming Cup-Holder pattern within S/R zone. On breakout, the stock
may reach the level of 680 which is the next technical target after rounding bottom pattern.
This is not any buy/sell recommendation, just chart pattern based technical analysis.