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Amazing breakout happened in an IPO Stock - PAVNAINDCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favor that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPEECTED! NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!! #No complicated chart patterns #No big big indicators #No Excel sheet or number magics The magic here is to make sure we are investing in an IPO stock which is about to fly for a long term. We are studying the trend and not jumping into the stock quickly. Instead we are waiting and placing the order in a particular BO level. Catching the early birds in the stock market and not everyone (especially retail traders) can do it. The art is investing fixed amount equally in every stock and let the law of numbers work on compounding in the longer run, Example: 5000/- invested equally in all BO stocks where out of 15 stocks only 1-2 stocks goes beyond -50% SL, where rest of the stocks flies like an eagle. The secret recipe is "Patience with correct study" and "Large diversification" and "TIME" The real deal is when to purchase and where to purchase the stock. That is where Breakout study comes into play. LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!
NSE:PAVNAINDLong
by Yoyohoneysingh93
3
TRITURBINE: A Technical Breakout Backed by Strong FundamentalsTriveni Turbine Ltd. Stock Symbol: NSE:TRITURBINE Market Cap: INR 23,700 crore Buy Range: INR 767-805 Current Price: INR 795.80 (as of October 13, 2024) Introduction Triveni Turbine Ltd., a leading player in the industrial steam turbine market, is positioned for significant growth due to its robust order book, growing presence in international markets, and strong financial performance. Coupled with a recent technical breakout on the charts, this stock is showing promising signs for investors and traders alike. In this article, I will analyze both the technical setup and the fundamental strengths that make Triveni Turbine a stock worth watching. Technical Analysis The recent price action of Triveni Turbine showcases a bullish breakout from a well-defined consolidation phase. Let’s dive deeper into the technical indicators driving this breakout. Consolidation Phase : Over the past few months, Triveni Turbine had been trading within a narrow range, oscillating between INR 670 and INR 750. The stock formed a descending trendline that acted as resistance, suppressing any potential price rise. Such consolidations often lead to strong price movements, depending on which way the breakout occurs. Breakout: On October 11, 2024, the stock decisively broke above the trendline resistance, hitting a new high of INR 805, closing at INR 795.80—an impressive +6.88% gain for the day. Breakouts from consolidation phases like this often indicate that a new uptrend may be forming, with more upside potential. Volume Spike : A key confirmation of this breakout is the noticeable spike in volume. The breakout occurred on significantly higher-than-average volume, signaling strong buying interest. A volume increase typically accompanies strong breakouts, suggesting the move is backed by institutional or large-scale buying. Support and Resistance: Post-breakout, immediate support is established around INR 750-770, where the stock had previously struggled to move past. The next resistance zone lies around INR 840, which would be a key level to watch in the short to medium term. Technical Indicators : The 50-day moving average (MA) is trending upwards, further supporting the bullish momentum. The stock is currently trading above its MA, adding to the strength of the ongoing price trend. In conclusion, the breakout from consolidation, supported by rising volume and positive technical indicators, suggests further upside potential for Triveni Turbine. Fundamental Analysis Now, let’s turn to the fundamentals, which further bolster the case for Triveni Turbine’s potential for sustained growth. Industry Leader in Steam Turbines: Triveni Turbine holds a dominant market share of over 60% in India’s industrial steam turbine market. Its steam turbines, used across more than 20 industries and installed in over 75 countries, make it a global leader in the space. Industries like sugar, steel, cement, chemicals, and waste-to-energy systems all benefit from its innovative turbine solutions, especially as demand for decentralized power generation grows. Record-Breaking Financial Performance: In Q1 FY25, the company posted its highest-ever quarterly revenue and EBITDA. Notably, the EBITDA margin expanded by 240 basis points year-over-year, showcasing significant operational improvements. This robust performance sets a strong foundation for continued financial success in the coming quarters. Impressive Order Book: Triveni Turbine’s order book stands at an impressive INR 1,600 crore, offering strong visibility for revenue well into FY26. The company's quarterly order bookings surged by 40% year-on-year, with exports accounting for a substantial 66% of the total. The company's increasing focus on international markets offers immense growth potential, while the domestic market remains poised for recovery in the coming quarters. Aftermarket and Refurbishment Services: One of the standout growth areas for Triveni Turbine is its aftermarket and refurbishment services. This segment has seen notable growth in revenue share and operates at higher margins compared to its core product sales. With the ability to service and upgrade turbines from other OEMs, Triveni Turbine is uniquely positioned to capitalize on long-term customer relationships and expand its presence in this high-margin segment. Focus on Renewable Energy: As industries and governments globally push for renewable energy solutions, Triveni Turbine’s expertise in waste heat recovery and waste-to-energy systems gives it a competitive edge. The growing demand for renewable energy solutions and decentralized power generation will further enhance the company’s growth prospects in the future. Growth Catalysts Several factors make Triveni Turbine a compelling growth story: Rising global demand for decentralized steam power systems. Strong export performance, with 66% of orders coming from international markets. Expanding margins from high-margin services like aftermarket and refurbishment. Leadership in renewable energy applications, particularly in waste-to-energy and heat recovery systems. Risks to Consider While Triveni Turbine is fundamentally strong and the technical chart signals bullish momentum, there are some risks to be aware of: The subdued domestic performance in Q1 FY25 due to the election cycle. However, this is expected to recover in the coming quarters. Currency fluctuations may impact export margins, as a significant portion of revenue is generated from international markets. Conclusion With both strong technicals and robust fundamentals, Triveni Turbine Ltd. presents a compelling opportunity for both traders and long-term investors. The recent breakout on the chart, combined with the company’s strong order book, growing international presence, and focus on high-margin services, make this stock a strong contender for future gains. However, as always, investors should exercise caution and consider their risk tolerance before making any investment decisions. Given the breakout, the stock is now trading within the buy range of INR 767-805. Those looking to enter should watch for potential pullbacks to the support zone around INR 750 or look for continued strength above INR 805. Disclaimer: This post is for informational purposes only and should not be considered as investment advice. Please conduct your own research or consult a financial advisor before making investment decisions.
NSE:TRITURBINELong
by rajsharmatt
2
Change of Polarity With Good Q2 Results.NSE:JUSTDIAL on Weekly Timeframe Changed its Polarity (Resistance acting as Support), After giving a Breakout and retesting it, it Accumulated in the 512-576 Range. Now, With Good Q2 FY 24-25 Results, it looks good for positional Techno-Funda Trade above 1400 Levels on the Weekly Timeframe. NSE:JUSTDIAL is the market leader in the local search engine segment in India. The Company provides local search-related services to users across India in a platform-agnostic manner. The multi-platform offering includes an App (Android, iOS), a mobile website, a desktop /PC, voice, and text. 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.
NSE:JUSTDIALLong
by Karanshah137
2
INFY: Consolidation near ATHThe stock is consolidating neat ATH where as overall IT sector is on the up-move. This stock is just gathering all power to break and sustain it's ATH. Till now there is no closing above the consolidation but once it is there, this stock has all potential to move up to 2500 levels. DISC: The publication idea is just a technical analysis and should not be considered a buy or sell recommendation. Please consult your financial advisor before taking any trade.
NSE:INFYLong
by trade_opportunities
1
Cipla Pole and Flag patteStock Analysis Report for Cipla Limited 01. Pattern Analysis Pattern Name: Pole and Flag Pattern Cipla has formed a Pole and Flag pattern, which is a bullish continuation pattern. The flag represents a consolidation phase after a strong upward move (pole), typically occurring before a breakout to the upside. The stock is at its all-time high, with a breakout from a narrow consolidation range. This is a positive signal that indicates potential for continued upward movement. 02. Volume Analysis- Volume Behavior: During the consolidation phase, the volume has remained relatively stable, which is typical for a flag pattern. There is no significant sell-off, indicating that traders are holding their positions. The volume will be crucial to watch in the upcoming sessions to confirm the strength of the breakout. Current Volume: There has been a notable increase in volume during today's session, which corresponds with the formation of a bullish Marubozu candlestick, reinforcing the breakout. 03. Price Analysis- Candlestick Patterns: A bullish Marubozu candlestick has formed at the breakout level. This indicates strong buying momentum with no significant selling pressure during the session, further validating the bullish sentiment. 04. Validation of Bullish Signal- Breakout/Breakdown Confirmation: The stock has broken out from its consolidation range at the all-time high, supported by strong volume and the Marubozu candlestick formation. This confirms the bullish breakout signal. .Price Retraction: Given the breakout, it's important to monitor whether the price sustains above the breakout level. A successful retraction and hold above this level would confirm the continuation of the uptrend. 05. Key Levels Support: The lower bound of the recent consolidation range around ₹1,640 would act as the immediate support level. Resistance: The stock has entered uncharted territory, so no clear resistance is present. Psychological levels like ₹1,700 and ₹1,750 may act as potential resistance points as the stock moves upward. 06. Entry Point Determination Recommended Entry: A buy position can be considered above the breakout level, around ₹1,680, assuming the breakout is sustained with volume. 07. Target Setting Pattern Target: The height of the flagpole (from the start of the pole to the top of the flag) projected upward gives a target range of approximately ₹1,800 to ₹1,850. Target Price: Short-term traders can target ₹1,750 initially, while long-term traders can aim for ₹1,800+ based on the pattern's full potential. 08. Stop Loss Placement Recommended Stop Loss: A stop loss around ₹1,630, just below the flag's lower boundary, would be a reasonable risk management point.
NSE:CIPLALong
by Mr_Chartist_
2
Oh Beauty! Can CG Power Unlock the Secrets of 3 White Soldiers?1.Ends up a 3 month long consolidation with a decent breakout 2.Upward candles gained momentum 3.Tweezer Bottom Formation before trend reversal 4.Excellent bounce from 0.6 Fib + EMA 50 Confluence 5.Outperforming Sector & Broader market 6. Gained Momentum, trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages 7.Volume Gain 8. Catalyst:Acquiring Renesas Electronics Corporation’s radio frequency (RF) components business for $36 million, marking its entry into semiconductor design.
NSE:CGPOWERLong
by donjacob81
7
Exideind | All Resistance Trendline Breakout ⭕️ Swing Trading opportunity: Price Action Analysis Alert !!!⭕️ 💡✍️Technical Reasons to trade or Strategy applied :- ✅Inverted Head & Shoulder Chart Pattern Bull Breakout ✅Breakout confirmed ✅Rise in Volume ✅Good 3 touches Trendline Breakout with volume ✅Clear uptrend with HH & HLs sequence ✅ Order block as potential Target ✅Check out my TradingView profile to see how we analyze charts and execute trades. 🙋‍♀️🙋‍♂️If you have any questions about this stock, feel free to reach out to me. 📍📌Thank you for exploring our idea! We hope you found it valuable. 🙏FLLOW for more ! 👍LIKE if useful ! ✍️COMMENT Below your view !
NSE:EXIDEINDLong
by ReviveTraders
10
STRIDE: Multi-Year Breakout: Monthly : Month ending Aug-24STRIDE: Multi-Year Breakout: Monthly Timeframe: Month ending Aug-24 Price, Volume, RSI, Timeframe of breakout & Timeframe of analysis Stock broke its all-time high (1323.15) it made in Nov-15 and closed above in the month of Aug-24 Volumes in the month of Aug-24 was NOT above the 9 SMA RSI in the month of Aug-24 (86.10) is above 60. A multi-year (8+ years) breakout on a monthly time frame The stock has broken the highs it made in Aug'24 in Sep-24 and is currently (08-Oct-24) trading above the highs it made in the month of Sep'24 Numbers Breakout analysis High (Jan-08) = 1323.15/- Drawdown (marked on chart) = 1055.15/- SuperTrend (Sep-24) = 891.94 is positive ATR (Sep-24) = 136.31 Low made in the last analysis time frame (Sep-24) = 1250.55 Entry / Exit Entry = Close of 08-Oct = 1443.80/- Target = Breakout level + Drawdown during consolidation phase = 1323.15 + 1055.15 ~ 2370 Stop Loss = 1 ATR below previous candle's (Sep'24) low = 1250.55 - 136.31 ~ 1110 Risk:Reward = 2.77:1 Exit criteria = Reaches Target || Supertrend turns negative || Price goes below 18 EMA Additional Notes This is probably not the best trade. The stock did not breakout with good volumes I also expect the stock to retrace back to its breakout levels. It has been breaking it's previous months high for last 4 months starting Jun'24. Entering the trade anyways since it seems to be breaking out from a double bottom pattern on a monthly timeframe
NSE:STARLong
by ramanarvind
2
Multiyear Range Breakout With Huge Volumes In Gillette1. Gillette made high of 8140 in October 2019 2. High of October 2019 has broken in September 2024 ( 5 Year Breakout ) Trade: Buy 50% Here At Cmp 8528 Rest 50% If You Get Dip Around 8000/8100 Which Is Breakout Retest Level. SL - 7150 ( Monthly Closing Basis ) 3 Months Candle Low Taken As SL. Monthly Close Shouldn't Come Below This Level. ( Target 1 ) = 12000 October 2019 High - Jan 2023 Low + October 2019 High 8140 - 4135 + 8140 = 12145 ( Target 2 ) = 16149 Draw A Fibonacci From October 2019 High To Jan 2023 Low Retracement Level Of 3 Which Is 16149 Will Be Target 2 Time Frame - 2-3 Years Fantastic Fundamentals Is Cherry On The Cake
NSE:GILLETTELong
by ShareMarketCoach
5
CAMPUS ACTIVEWEAR LTD ANALYSISFOR LEARNING PURPOSE CAMPUS ACTIVEWEAR LTD - The current price of CAMPUS ACTIVEWEAR LTD is 321.70 rupees I am going to buy this stock because of the reasons as follows- 1. Its trying to come out after forming some base 2. It made its 52W high by breaking resistance and now retesting that level 3. In last 2 years, it has gone down and then after correction, it has made a base and now trying to go up. Accumulation volume seems to be good. 4. The risk and reward is favourable 5. Recent numbers are improving slowly but surely but it has got lot to prove. It has been underperforming and now its showing some strength. 6. This stock has got potential to perform and it has not done much in comparison to many other stocks. Break of 468 level with open more room. I will buy it with minimum target of 35-40% and then will trail after that. My SL is at 273.75 rupees I will be managing my risk.
NSE:CAMPUSLong
by Its_Bhushan
2
#Banknifty directions and levels for the 2nd week of October.Current View: The current view based on the RSI data is as follows: * The RSI divergence is likely to occur in the sub-wave 5. The structure suggests there is a 5th sub-wave forming. Once the market starts to bounce back, we can close the 5-wave structure in the 1st leg of the correction, leading into the 2nd leg. * The ideal 2nd leg is a three-wave structure, which could take a minimum of 38% to 61% bounce back from the previous swing. > In rare occasions, it could reach 78%. Structurally, it won’t go beyond this level; however, if it does, the overall trend will turn bullish. * Once the three-wave structure (2nd leg) completes, the 3rd wave will begin. The 3rd wave is a correctional wave; if it rejects and cuts below the EMA20 line, we can assume that the downtrend may continue further. This is our first variation. Alternate View: * The alternate view suggests that if the week starts with a negative candle, it may evolve into a diagonal structure. * A diagonal is a time adjustment pattern, so the correction could continue with some minor bounce backs. * However, the diagonal also indicates a sub-wave of the 5th. Once the diagonal pattern breaks upwards, the previous sentiment will apply here as well, meaning we can expect a minimum of a 38% bounce back from the previous swing.
NSE:BANKNIFTY
by Manickamtraders
4
PPLPHARMA - Cup and handle - WklyPPLPHARMA **Piramal Pharma Ltd. (PPLPHARMA)** Chart to show a **Cup and Handle** pattern, a common bullish continuation pattern. This pattern, along with volume and price targets, provides clues for potential upward movement. ### Key Elements: 1. **Cup Formation**: - The rounded bottom (cup) suggests a period of consolidation after a downtrend. This shows that selling pressure has eased, and the stock is in accumulation. - The price retraced by **84.36 INR (135.58%)** from its low, marking the depth of the cup. 2. **Handle Formation**: - The chart shows a smaller, shallower pullback forming a handle near the right side of the cup. This is a sign that buyers and sellers are testing support before the potential breakout. - The handle represents a consolidation before the next move up, and the breakout typically occurs once the stock clears the high of the handle. 3. **Measured Move Targets**: - The height of the cup (around **105.55 INR**) is used to project price targets. - The first target is set at **243.99 INR**, and the ultimate target is projected at **272.20 INR**, marking a **63.30%** rise from the breakout point. 4. **Volume**: - There's an increase in volume near the breakout, which typically confirms buying interest. - Volume is one of the most critical indicators when confirming a breakout from a Cup and Handle pattern, and this shows strength in the bullish move. 5. **Support and Resistance Levels**: - **146.90 INR** and **167.28 INR** serve as strong support levels. ### Cup and Handle Analysis: - **Bullish Bias**: The Cup and Handle pattern is a continuation setup. After the handle formation, a breakout above the handle's resistance line (which seems to have already occurred) could lead to a strong upward move toward the projected targets. - **Price Targets**: - **Immediate Target**: **243.99 INR**. - **Extended Target**: **272.20 INR**. - **Risk Management**: A potential stop-loss could be placed below the handle at **216.13 INR**, which represents key support after the breakout. The stock looks bullish in the medium term, but you may want to watch for volume confirmation during the breakout and set up appropriate risk management in case of reversals. Let me know if you'd like further details!
NSE:PPLPHARMALong
by VCharts_TA
3
MAHSEAMLESS Maharashtra Seamless Ltd. (MSL) is a great investment opportunity. Here's why: Current Price: The stock price is ₹632. Stock Buy Strategy: Phase 1: Buy if it goes above ₹727 and stays there for at least 2 weeks. Phase 2: Buy if it drops between ₹532 and ₹507. Targets: Short-term: ₹611, ₹727, ₹945+ Long-term: ₹611, ₹727, ₹781, ₹852, ₹945, ₹1078, ₹1200 Market Leadership: MSL is a big player with 55% market share in seamless pipes and 18% in ERW pipes in India. It produces 450,000 metric tons of seamless pipes and 125,000 metric tons of ERW pipes every year. Diverse Products: MSL supplies to industries like oil, gas, petrochemicals, power, and automotive. It makes high-value pipes needed for critical uses. Strong Finances: In Q1 FY25, MSL made ₹1,216 crore in revenue and ₹126 crore in EBITDA, showing steady profits despite market ups and downs. Debt-Free: As of June 2024, MSL has no debt and ₹2,203 crore in liquid investments, giving it financial freedom for future expansions. Solid Orders: MSL has an order book worth ₹1,812 crore as of July 2024, with major orders from ONGC and Oil India, supported by the "Atma Nirbhar Bharat" policy. Supportive Trends: Growing oil demand globally and in India increases the need for MSL’s pipes. Government policies like anti-dumping duty on Chinese imports and the "Make in India" initiative boost its market position. These points highlight MSL’s strong market position, financial health, and growth potential.
NSE:MAHSEAMLESLong
by INVESTWISELY_1111
5
Andhra Paper has capacity expansion and new growth driversInvestment Update: A Promising Outlook for Medium-Term Gains I made a strategic investment in this stock approximately one year ago, with the objective of achieving medium-term gains. As we approach the one-year milestone, I am pleased to reassess the company's performance and reiterate my optimism about its future prospects. Based on recent developments and growth indicators, I forecast that the stock is poised to reach new targets of ₹150 by May 2025 . This upward trajectory is largely driven by the company's expansion efforts and improved operational efficiency. Notably, the company has successfully increased its production capacity, paving the way for enhanced output and revenue growth. Specifically, paper production numbers have demonstrated significant improvement, underscoring the company's commitment to scaling its operations. Furthermore, the establishment of a new tissue paper production unit represents a strategic diversification of the company's product portfolio. This move not only expands the company's revenue streams but also positions it to capitalize on the growing demand for tissue paper products. In conclusion, the company's progress over the past year has reinforced my confidence in its potential for medium-term growth. With its enhanced capacity, improved production numbers, and strategic diversification, I firmly believe that this stock is well-positioned to deliver substantial returns on investment.
NSE:ANDHRAPAPLong
by liondewarangal
1
Stock Alert: Dr. Lal Path Labs 📈 Double Bottom Breakout: Dr. Lal Path Labs is giving a breakout from its double bottom pattern today! This pattern is a strong bullish reversal signal that could mark the beginning of an uptrend. 🔑 Key Points: Breakout above strong resistance level, signaling potential upside. Watch for volume confirmation: Higher-than-average volume strengthens the breakout case. Next resistance levels to watch for future targets. 💡 Opportunity: If the breakout holds, this could be a great medium-term trade setup! 📊 📢 Disclaimer: Do your own research before investing. This is not financial advice.
NSE:LALPATHLABLong
by TechnoTrader10
1