Fundamental vs Technical: AARTIINDAnother fundamental vs technical scenario.
On breakout of 729 price-level, AARTI IND is set to rally till 772-783 as upside targets.
On brea of 710 support, prices will drop till 683-678.50 range as S2 (or T1 for the short side trade entry) and 625 as S3 (T2).
Prices in spot.
Earningsanalysis
GRWRHITECH - 3 Months Downtrend Breakout Garware Hi Tech Films Ltd
1) Time Frame - Daily.
2) The Stock has been in a Downtrend since (February, 2024). Now It has given a Downtrend / Consolidation breakout & Closed with good volume & good bullish momentum candle in Daily Time Frame.
3) The next resistance would be it's Previous Life Time High (2200 - 6.25% from the price 2070.30). If the stock gives another breakout at (2200) It may move higher and find resistance around (2680 - 29.45% from the price 2070.30).
4) Stock with good fundamentals.
5) Recommendation - Strong Buy
INVESTMENT PICK ASTRAL NSE:ASTRAL \
This is a positional trade
The stock is daily resistances zone ones it breaks there will a great upside move
The first target is 1980 and final target is 2100
We should accumulated around 1650 .
The company has posted a good quarterly result.
This is for educational purpose
Cipla Earnings special analysis | #LetsMakeMoneyTogetherMy fav symmetrical triangle breakout ... upper trendline been tested many times and is clean meaning no gap ups above the line and coming down back into the zone of triangle .... a closing above the line on 15m or u can watch for a good risk at 5 min too depends on your RR ratio and RM system. Take the trade as per
Happy trading :)
Long LT Foods on minor correctionsDaawat looks promising price strength-wise and earnings wise. i will be looking to initiate a position on corrections of 10/15%
Technical: Daawat has clocked the highest monthly volume since Jan 2018 and it's up 50% in June 2020. Makes the case to look at it for a trade
Fundamental:
This stock shows decent sales and profit growth.
3 years of sales growth - 9.6%
3 years of profit growth - 9.2%
Margins at a higher level of 11%, If the margins sustain or go higher we can see higher profits and further price appreciation
TTM earnings are up 45%
If there are no earnings surprise in the next quarter, we can expect it to go up by 50-60%
ITC Earning season 25 May / Short trade @ 200 ITC in a breakout positon
Earning is on 25th may
1. 7%+ rally before earning season
2. divergence on money flow
3. resistance on 190-193 level (Technical analysis)
4. Resisitance as per option chain data is at 200.
Option chain data
Resistance strike 200 call - 33.5 lakh OI
Support at strike 180 put - 14.8 lakh oI
Bear looks more powerfull here.
Trade plan
Short
if stock price reaches 200 short SL 205 TGT1 190 TGT2 180
if stock price crosses 190 short SL 195 TGT1 180
Long
if stock price crosses 200 long SL 195 TGT
LONG ON BHARTIARTL(NSE)This analysis is only for educational purposes, Invest at your own risk!
A narrowing Uptrend can be seen on BHARTIARTL which closed at 554.10 INR on Friday.
The price has approached close to resistance level and gives a pretty good long opportunity for traders .
The High created on 15th April at 535.30 INR serves as a resistance level for the price .
The stick is also approaching its 52 Week high and also has earnings coming out on Monday (18th May).
Getting into a long position at 554.10-555.00 INR and selling at a profit of 1.15-1.20% i.e around 563-565 INR may prove to be profitable.
The ON BALANCE VOLUME indicator also shows us an uptrend making our decision even more strong.
ALL THE BEST TO EVERYONE !
Cheers!
CIPLA BUY SL564/ TGT 583 /sell below 564 tgt downside 520Cipla in a breakout position, just before its earning day, we are currently trading near support of gap up we had in start of April. If it breaks 564 Cipla can touch 520 on downside or if it stays above 564 tgt 583.
One can trail stop loss using 20 day hull moving avg.