"BSOFT" Trending UP NSE:BSOFT with stronger trend reversal. if it gains +ve on the next opening day.
Target 1 = INR 97.50
Target 2 = INR 101.55
Stop Loss = INR 93.65
The analysis is based on the Fibonacci numbers, MACD and other technical indicators involved.
Disclaimer : The following information is for educational and informational purposes only and should not be construed as financial advice or a recommendation to buy, sell or hold any stock or investment. Technical analysis is a method of evaluating securities by analyzing statistics generated by market activity, such as past prices and volume . However, the future performance of a stock or investment cannot be guaranteed based on technical analysis alone, and other factors, such as economic conditions and company fundamentals, should be considered when making investment decisions. Before making any investment decisions, please consult with a licensed financial advisor and conduct your own research to determine if an investment is suitable for your individual circumstances and risk tolerance. Past performance is not indicative of future results, and investing involves risk, including the possible loss of principal.{/i]
Earnings
Will META fall againPrice fell almost 80% from its top. A simple reason for this fall could be a fall in earnings and profit margins. Net margins fell from 40% to 15%. That is a fall of 60%. Retained earnings fell from $85B to $67B, a fall of 20%. Total fall comes to 80%. I do not know if it is a coincidence or an actual reason. Assuming this is the reason. Stock recovered more than 50% from its low. It means the market is expecting a good quarterly result. If it falls to do so then we can see a fall in META stock again. Supporting the fact, 15% net margin is lowest in the margin cycle of META. In summary we should wait for results to get a fair price of stock.
Disclaimer
This is not financial advice. Sumanyu Aggarwal is not an expert.
All figures are just rough estimates.
GAIL* Multiple inside bar candle on weekly chart. Breakout still awaited.
* It looks Gail can give a breakout of inside bar candle on higher side which is 100.
* One can take entry at CMP and add more if gives a breakout above 100 for a target of 115 to 120 in short term.
* PSU stock are already on rally.
* Fundamental also looks good : PE < 5.5, Book Value - 100 and good ROCE - 23
* One can consider it for long term taking future growth in the industry into account and also give gives handsome Dividend.
RVNL, don't miss this super setup, must check.Hello traders,
RVNL is near to 14 month old consolidation breakout, don't miss this railway stock.
all the details are mentioned in the chart.
don't forget to like and share. it motivates me to post more super setups like this.
below setups in related ideas are those which we caught move as big as 120%.
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Aniket.
keep learning and keep earning.
Channel Breakout in MCXFrom past few months stock has been trading in a channel. Finally it has broken from its previous resistance with significant volume.
Also, recent quarter results were good. we can expect a good upside move from current levels.
At this price risk reward is not attractive. So, it is better to wait for retest near 1435-1400 levels.
Maintain strict stop loss at 1290.
All possible targets are marked on the chart.
This is just a view, not recommendation to trade. Do your own analysis before making any investment.
Do like and share this idea and share your opinion in the comment section.
NSE:MCX
WIPRO CHART ANALYSISIf price sustains below the horizontal trendline, we might see the rising breakout trendline being tested and that would make a good opportunity for entering or even averaging. Recent results shows that the business from America has grown. The fall was uncalled for. Long term target - 700+ ; SL - Monthly closing below - 320 or below the rising trendline.
Gold break out Day candle Gold break out Day candle it short position to get more profit use my analysis to get more money
GO LONG ON NYKAANSE:NYKAA
IT IS SWING TRADE.
The stock is forming a box from many days . If it breaks we can see a great move either side
Target of 1900 which is more than 20 % .
A trader can cumulated from support zone of box which has formed . and keep a stop loss 1321 .
Also the expected move can also be 1 September because of the quartly result.
This is for education purpose.
GO LONG ON KAJARIA NSE:KAJARIACER
The is at support zone .
It is also fundamentally good stock too also it which can cumulate this stock for long term.
Target of 1070 which can be seen in coming days the stock is has given a reversal sign too.
It quarterly result is on 3 August which can be factor of upside move
This is for educational purpose.
GO LONG ON NRB BEARING
IT IS SWING TRADE
NRB bearing has consolidated and hence formed a box
If it breaks out there will be great upside move . till 150 , 160 . Which more than 20% returns
The stock has consolidated from 110 to 125 from Feb till now June. which is good conditions for a great movement.
Company have shown a great quarterly result .
This is for educational purpose.
Trading further downtrend in TECH M through swing in PUT optionBasic Technical Analysis -
1. Scrip is in a downtrend, following a parallel channel on Daily TF.
2. Recently gave a breakdown from a long term (June'20) trendline.
3. Bounced back from higher TF (weekly) demand zone after breakdown.
4. Other marked DZ (green), SZ (red) levels are respected.
5. 2nd demand zone & approaching 200 EMA might now act as resistance in short term.
Trade a 75min supply zone b/w these two higher TF demand zones.
Options Trade -
1. ENTRY / TARGET as per spot chart - 1325 / 1275
2. SL using spot chart - 1350
3. RR - 1:2
4. Strike Price - TECHM 26 MAY 1260 PUT (little OTM having good OI)
Other considerations -
1. Select strike price & set SL according to option capital needs, your risk appetite & market sentiment at ENTRY.
2. Time based SL not needed as this trade has the possibility to get over in just few days. Still can keep 50-55% of ENTRY - SL (in spot chart) as your SL.
3. Tech Mahindra Q4FY22 earnings is on 12th May'22.
NOCIL LTD IS LOOKING GOOD FOR A POSITIONAL TRADE.NOCIL LTD HAD CORRECTED 40% FROM ITS TOP
And it is ready to give a huge run-up of 27%
FUNDAMENTAL REASON
1. China had stopped its supply throughout the world so India is expected to fill those requirements and the company is in the chemical business so there would be a huge demand in the coming future.
2. We could see some huge movement today and this kind of movement is usually made by big institutions so Big institutions might be investing in this company.
3. Because big investors are buying into this company it might show some good results upcoming.
TECHNICAL REASON
1. The stock had recently given a breakout of its 2 important moving averages (50,200).
2. The stock had formed an inverted head and shoulder pattern and it is ready to break the pattern.
3. And if you see the RSI we could see a bullish divergence in the RSI.
4. The stock had taken support from a trend and it has given a big movement.
SO, AFTER THE BREAKOUT OF THE NECKLINE WE SHOULD MAKE SOME POSITION IN THIS COMPANY