Demand Zone
Phillips carbon forecastFundamental analysis :
In fundamental wise the current share price is trading 2.44 rupees below its PE valuation. According to Graham number valuation share is trading below 11.5% of its current share price 239.85. In last five years debt on company has reduced. Debt to equity ratio is 0.33 which is consider as good value and the current ratio is 1.39 which is also a good sign. Net income and revenue has grown well in last five years.
Technical analysis :
1. You can see inverted head and shoulder pattern has breakout and retested at 237.20
2. If market moves up from retest zone target will be 269.60
3. Stock price has possibility to move down to 232.05 and change its direction upside.
4. In case share price moves below its two retest zone.
Support 1 - 219.95
Support 2 - 207.45
CAUTION : I am not a SEBI registered financial advisor. This is only for educational purpose. Investment in stock market is highly risky. This is only for information purpose. It is very important to do your own analysis before you invest or trade in stock market.
USDINR looks attractive buyUSDINR formed a bullish hammer after entering the Daily Demand Zone. USDINR has been falling continuously for almost 10days.Looks attractive buy at around 74.48- 74.50 with stoploss of 74 for target of 75.00, 75.50, 76.00
CADILAHC in Daily, Weekly and Monthly Demand ZoneCADILAHC has been consolidating little above Daily time frame Demand Zone after entering the daily Demand Zone. It has also touched the Weekly and Monthly time frame Demand Zone. Looks a good buy candidate price will gain strength by closing above 475 on daily candle closing basis.
BankNifty might reach 20 EMA by increasing the priceAccording to a famous theory, the price usually comes to the 20 EMA, or the Moving Average comes to the price.
For this week in BankNifty, it looks like it is reacting from a Daily Demand Zone to reach a 75 Minutes Supply Zone, where effectively lies the 20 EMA. So, the price might move up to 35800, but it is not that strong a conviction since the Demand Zone is tested once, and so, I am putting this idea for Neutral.
If you are wondering why there are no gaps on my chart, they are due to a script I recently published. Check it out!
Have a nice day!!!
Short Signal for NiftyAs we can see, 8 EMA is below 20 EMA, and the price has taken repeated resistance from the 20 EMA. So, a lot of chances are there that Nifty might go down if tomorrow's market closes below today's open.
If you are wondering why there are no gaps on my chart, they are due to a script I recently published. Check it out!
You may take the entry if the market closes below today's open tomorrow, stop-loss to be anywhere near the high of today's candle and target to be above the Weekly Demand Zone, Marked on the char
Have a nice day!!!
MARKSANS PHARMA Long MARKSANS PHARMA great stock to buy now at discounted price
FUNDAMENTAL
2x of book value👍
dividend yield half percent👍
look at ROCE almost 40% and ROE 32% fantastic for a company 💪💪💪
recently the company has reduced its debt its has only little debt
💪💪
important factor to watch out is the pe ration which is very less in indutry average almost all the companies have more PE 🔥🔥🔥🔥💪💪💪
companys sales volume is constantly rising👍👍👍
everything excellent🚀🔥
only thing is FIIi reduced thier stake in recent quarter i dont know why they may buy again possible ⚠️ 😂
Aegis Logistics LimitedReversal from support zone in Aegis Logistics Limited, volume is also seen increasing, RS line also shows strength.
Note: Time frame is weekly in this chart
Crude is in Bearish modeNow crude in at a strong support zone
It is already reached a low of $62.46 and now it is an indecisive stage.
If it cross below $64 levels. possible to reach the support zone shown.
if further cross below this zone, the expected levels are $58.3, $52.4
The above observations are for STUDY purpose since the analysis is on weekly time frame.
CONFLUENCE OF MAJOR AND HORIZONTAL SUPPORT !HINDUNILVR is taking support from its major support line also at the same time it is taking support from its short term horizontal support area.
Wait for up trend confirmation on daily time frame to enter, it can be a good risk to reward trade.
Also if you have noticed , I didn't posted any analysis in the past few days. The reason for this was falling market.
In falling market all we must do is wait. Yes, wait for the right time to capture the great move. I can't actually tell if its the bottom of the market but here in Hindustan uniliver its a
great combination of two support also known as CONFLUENCE SUPPORT.
Note that this was my personal analysis and not a buy/sell call. Use this analysis for educational purpose only.
If you got any questions , you can post in the comments section.