Breaking The Following Channel NSE:ALOKINDS is breaking the Short Term Falling Channel after Getting Accumulated in 24-25 Zones, if it's able to Close above 30 we can see Levels of 40 Very Quickly. Keep in Radar.
Check out my other stock ideas below until this trade gets activated, I would love your feedback.
Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
Descending Channel
Verge of Breaking Falling Channel Closing above 100 EMANSE:SAIL is on the Verge of Closing above the Falling Channel; today it closed above Key Levels and with Good Volumes and it was able to close above 100 EMA. If it closes above the falling Channel and 156 Key Level Further Upside, it may go back to the accumulation zone if it fails.
Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
Descending channel Breakout reversal strategyLINDE INDIA
1. Descending channel Breakout reversal strategy
2. Inv Head and Shoulder Pattern
3. Close within 52W high zone (-12.6%)
3. Close above the previous day's high
4. Close above last week high
5. Close above last month high
6. High increase in 1 month (+18.8%)
7. High increase in 6 months (+33%)
8. High increase in 12 months (+47.9%)
7. Promoter holding 75 %
8. Pledged percentage 0 %
9. Change in Prom Hold 0 %
10. FII holding 3.03 %
11. Chg in FII Hold +0.72 %
12. DII holding 6.84 %
13. Chg in DII Hold -0.61 %
14. Stock PE 168
15. Industry PE 39.9
16. ROCE 17.4 %
17. ROE 12.9 %
For Educational Purpose Only
Sun Pharmaceutical, Bearish - SidewaysThe stock has seen exponential rise since last many months without any intermittent major corrections. The fresh trend lines created have been breached now, and stock seems to have entered into sloping / sideways channel since Feb. Expect to see corrections upto 1300-1250 or upto the trend line which will be healthy for accumulation & gather momentum for future uptrend.
KOLTEPATIL AT DAILY DEMAND ZONEKOLTEPATIL (KOLTE-PATIL DEVELOPMENT)
About the company
The company has been creating landmarks for over 3 decades and has developed and constructed over 50 projects including residential complexes, commercial complexes and IT Parks covering a saleable area of ~20 million square feet across Pune, Mumbai and Bengaluru.
Kolte-Patil is a trusted name with an established reputation for high quality standards, design uniqueness and transparency.
Stock is at Daily Demand Zone Look At the chart👇👇
Trade Setup-
LTP 429
any dip upto 400 can be bought
For targets🎯 457 / 483 / 505 / 521++
Above 525 it would be a breakout.....
Breakout Targets🎯 555 / 581 / 600 / 625+++
WEEKLY SUPPORT 380---370
Tecnical Analysis...
1) Formation in progress of..Falling Wedge pattern on Daily Charts...
2) Volume addition
3) At good and strong numbers
4) Daily and Weekly Support
Regards...
Harm⭕️nics4Life
17/07/2024
Disclaimer & Risk Warning
I am not sebi registered analyst.
My studies shared here are for educational purposes .. Do Consult Your Financial advisor Before Taking any Trade.....Good Luck!
NATHBIOGEN - DESCENDING WEDGE BREAKOUTHi All,
This idea is about Nath Bio-Genes (India) Ltd
Mkt Cap - 495 Cr
Sales - 333 Cr
Mkt Cap / Sales = 1.49
ROE - 6.2%
ROCE - 6.8%
Promoter Holding - 45.6%
Quick Ratio - 1.3
D/E - 0.18
Technicals
The daily TF chart shows a positive breakout from a descending wedge pattern. This might mark a trend reversal scenario. With sector tailwinds behind, price can further rise to targets mentioned in the chart
Happy Trading,
Thanks,
Stock-n-Shine
TIPS INDUSTRIES DESCENDING CHANNEL BREAKOUT REVERSAL STRATEGY TIPS INDUSTRIES
1. Descending channel Breakout reversal strategy
2. Close within 52W high zone (-12.1%)
3. Close above the previous day's high
4. High increase in 1 month (+8.8%)
5. High increase in 6 months (+32.6%)
6. High increase in 12 months (+92.7%)
7. Promoter holding 63.9 %
8. Pledged percentage 0 %
9. Change in Prom Hold -5.06 %
10. FII holding 2.09 %
11. Chg in FII Hold 1.24 %
12. DII holding 8.17 %
13. Chg in DII Hold 7.26 %
14. Stock PE 47.1
15. Industry PE 45.6
16. ROCE 107 %
17. ROE 80.6 %
For Educational Purpose Only
Gulf Oil Lub - Falling channel patternGulf Oil Lubricants India Ltd - CMP: 464
Technically:
Falling Channel Pattern
Consolidating in a zone for some months now
Ideal time to accumulate for long term
Target 1: 558
Target 2: 673
Target 3: 838
Stop Loss: 375
Fundamentally:
Strong Promotor Holding
The Co has bought back its 14,16,667 equity shares at Rs 600 per equity share in cash on Feb'22
Consistency in Net profit
Undervalued Stock
Piramal Enterprises - Best swing trade idea📈 Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Falling Channel
📌 Symbol/Asset: PEL
🔍 Description: Stock is around good support where we can clearly see Low of Polarity and Falling channel support.
Well around 810-815 is the strong support because there is a Quarterly low.
We can see good bounce here on.
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation.
📉 Alert! Bearish Pattern Spotted! 🐻📉 Alert! Bearish Pattern Spotted! 🐻
📊 Pattern: Falling Channel
📌 Symbol/Asset: DIXON
🔍 Description: Stock is around the resistance of falling channel. We can see downside hereon.
Good Short Idea.
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation.
All time high and Rising Channel Breakout seen in Gabriel IndiaHello Traders, i have brought another analysis on a pattern breakout which called (Rising Channel Pattern). Well i have marked and written most of the things on chart, but still i am gonna to teach you here guy's about this pattern so if you see this type of Rising channel pattern next time, So at least you guy's will be able to trade. So Let's start.
Q:- What is Rising Channel Pattern and How to trade that?
Rahul:- A Rising channel is the price action contained between upward sloping parallel lines. Higher highs and higher lows characterize this price pattern. Technical analysts construct a rising channel pattern by drawing a lower trend line that connects the swing lows, and an upper channel line that joins the swing highs as shown above in Gabriel India Chart. Guy's Rising channels show a clearly defined uptrend. Traders can take swing trade between the pattern’s support and resistance levels or trade in the direction of a breakout or breakdown.
Above in monthly charts we have seen a neat and clean proper breakout in Gabriel India , at same point there was a all time high which had taken place in september 2017 , after that price started forming Falling Channel Pattern in chart and it has taken support at earlier resistance zone, means price action says once a resistance is always act like support zone, after breaking out the resistance zone . Since then it has never made lower lows, and started forming a Rising channel pattern and now it has broken all time high and given a successfully Rising Channel Pattern breakout .
Now i will tell you how to Trade on this type of pattern or when it gives breakout?
There is two types of trading can be initiate in this, First you can take swing trades when it touches and reverse from lower range of channel. Second you can wait for breakout of channels upper range then you can take entry for long side but, one of the important criteria to bear in mind is there should be at least 4 points of reaction within the channel. Means price should touch at least 4 times lower range of the channel, and guy's Gabriel India Stock has touch 4 times and then given breakout.
I hope guy's you have learned about this pattern very well.
Important Levels for Gabriel India Ltd.
Best buying range will be 250-237
Targets will be 311/372++
Keep Stop loss at 193
Price is above 200 EMA. It is a positive sign for this stock.
Volumes are supporting breakout.
MACD and RSI has given Bullish Crossover.
Note:- Guy's i have not placed any indicator which i have discussed above but i have done analysis on this before publishing this idea. The reason is very simple i want my chart neat and clean and easy to understandable and i want teach purely price and action trading.
So now let's focus about company background.
Gabriel India is part of ANAND Group. From being a single-product company in 1961, They have transformed themselves in line with changing market, technical and social trends and played a key role in limiting emissions of ride control products and foster the cause of environmental protection. Company manufactures over 300 models of ride control products.
Its products include shock absorbers, struts, front forks and others.
It has a vision to be amongst top 5 shock absorber manufacturers in the world by 2025.
Market Cap
₹ 3,564 Cr.
Current Price
₹ 248
High / Low
₹ 252 / 129
Stock P/E
25.1
Book Value
₹ 60.6
Dividend Yield
1.03 %
ROCE
22.0 %
ROE
16.2 %
Face Value
₹ 1.00
Debt
₹ 11.2 Cr.
EPS
₹ 9.88
PEG Ratio
3.59
Promoter holding
55.0 %
Intrinsic Value
₹ 162
Pledged percentage
0.00 %
EVEBITDA
14.0
PROS
Company is almost debt free.
Company has been maintaining a healthy dividend payout of 24.7%
Company's working capital requirements have reduced from 37.1 days to 29.4 days
CONS
Company has a low return on equity of 12.7% over last 3 years.
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.
Nifty Elliott Wave AnalysisNSE:NIFTY near to completing a triple zigzag correction from the High of 18900 odd.
Market retraced 50% of the previous Rally from June - Dec 2022. Retracing back to sub wave 4 of previous impulse.
Momentum Divergence from RSI at oversold zone. A counter trend bounce looks imminent from these levels.
INFY: Descending Channel and Flag BreakoutINFY is showing *early* signs of breaking out of a weekly flag pattern and descending channel. Keep on watch. This coincides with the CNXIT parallel channel breakout pointed in earlier idea . RSI is high, though volume change is not significant. Big gap resistance ahead.
Buy Jubiliant IngreviaNSE:JUBLINGREA is consolidating within a broader range of rs 80. and currently it consolidation in the lower range. One can buy the scrip at Rs. 414 with a stop loss of Rs. 385 on daily closing basis for a target of Rs. 485
Exit the position if the stop loss triggered on DCB.
DO YOU WANT ALL MY RESEARCH FOR FREE THEN DON'T FORGET TO FOLLOW ME.
I AM EAGERLY WAITING FOR YOU COMMENTS ON THE STUDY...
Disclaimer: Content shared is for information and education purposes only and should not be treated as investment or trading advice. Please do your own analysis or take independent professional financial advice before making any investments based on your own personal circumstances. Investment in securities are subject to market risks, please carry out your due diligence before investing. And last but not the least, past performance is not indicative of future returns.
BTC in Bearish Parallel Chanel PatternBITCOIN 4-hr Chart Analysis
CRYPTOCAP:BTC at present moving as per Descending Channel's in Parallel Pattern with more Bearish mode, and soon be ready to break out Last Lower-High strong support of $28,300 to moving towards FWB:27K to next step of Lower-Low trends in Bitcoin Market.
This time, very big chances to break down approx. 7% to 10% soon.
Let's wait, what's the next move of market but as per my opinion, soon it will be in bearish zone.
anyway, always #DYOR and Trade wisely by using #StopLoss, It's just #NFA
&
Must Share, LIKE & COMMENTS on it....