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IRCTC - 82% RETURNS!!!BUY - IRCTC
CMP - Rs. 610
Target - 1: Rs. 720
Target - 2: Rs. 910
Target - 3: Rs. 1120
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Technicals -
1) Bullish Flag Breakout
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Fundamentals -
1) IRCTC operates through five segments: Catering, Railneer, Tourism & Train Operation, State Teertha, and Internet Ticketing. It offers mobile catering services and other catering services, tourism products and services, and packaged drinking water under the Rail Neer name. Additionally, it offers train ticket booking and travel insurance services, as well as operates irctctourism.com, a tourism portal.
2) IRCTC's financial track record, the company is of good quality with a fair valuation.
3) The company's current market capitalization is ₹48,288 Cr., with a 52-week high of ₹777.7 and a 52-week low of ₹557.
4) The latest PE ratio of IRCTC is 51.32 and the latest PB ratio is 19.37. The company's TTM revenue/sales are ₹3,267 cr.
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This is just a view, please trade at your own risk.
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📌 Khadim : Flag Pattern (Breakout candidate)#khadim #momentumtrade #swingtrade #breakoutcandidate #flagpattern
📌 Khadim : Flag Pattern (Breakout candidate)
Swing Trade / Short term(1-3 months)
>> Price & Volume Contraction visible on charts
>> Good strength in stock
>> Low Risk High Reward Trade
Swing Traders can book Profits at 10% either partially or full or keep trailing along with short term traders
Please Like or comment if u r Liking the analysis & Learning from it. Keep showing ur Love
Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
BREAKOUT, TCS, 46% RETURNS!!!BUY - TCS
CMP - Rs. 3340
Target - 1: Rs. 3870
Target - 2: Rs. 4451
Target - 3: Rs. 4899
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Timeframe - 1-1.5 years
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Technicals - Bullish Symmetrical Triangle Pattern Breakout
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This is just a view by an expert analyst, please invest at your own risk.
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Tata Steel - Long Trade - Kursi Ki Peti Baand LijiyeNSE:TATASTEEL on weekly charts has a commanding positional advantage. Since commodities are news and dollar driven, some little knee jerk reactions can emerge during the journey, and perhaps by the end of September or early October, NSE:TATASTEEL can become a brilliant trade to play with. The positional view is also displayed on the chart, but it will need patience to maintain your current positions.
Pattern Formed - Flagpole & Bullish Pennant
Positional SL - Low point of the pennant pattern
Immediate SL for long trade - Top of the pennant breakout line or say 115 on WCB
Conclusion - Breakout of the pattern and retest done. Should resume upwards journey
Let's see how the story develops. Best wishes!
Disclaimer -
- My thoughts are shared here. This is both for my own records and for keeping track of what I see on charts.
- If you are referring to this, please keep in mind that it is only for educational and research purposes.
- Past performance is no guarantee of future results.
- You must accept responsibility for any decision you make. DO NOT TAKE THIS AS AN INVESTMENT RECOMMENDATION.
- It's your hard-earned cash. Trade / Invest wisely, keeping in mind your trading style, goals and objectives, time horizon, and risk tolerance.
- Before investing, conduct your own research and consult with a financial advisor.
TIA!
LONG ARTEMIS MEDICAREA Bullish Flag and Pole Chart Pattern Breakout happened on the weekly Time frame of NSE:ARTEMISMED
Price Action is well supported by the volume.
The stock is currently in uptrend making higher highs and higher lows.
One can add this stock into their stocks to buy list.
Initiate the long trade only according to the levels mentioned.
Stop loss will be on weekly closing basis.
Trend Analysis :- UP Trend
Chart Pattern :- Bullish Flag and Pole
Technical Indicator :- Positive MACD Crossover
BREAKOUT, SH RENUKA SUGAR, 80% RETURNSBUY - SHREE RENUKA SUGAR
CMP - Rs. 53
Target - 1: Rs. 65
Target - 2: Rs. 80
Target - 3: Rs. 96
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Timeframe - 2 months - 6 months
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Technicals - Bullish Triangle Breakout
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This is just a view by an expert analyst, please invest at your own risk.
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BREAKOUT, WALCHANDNAGAR, 150% RETURNSBUY - WALCHANDNAGAR INDS
CMP - Rs. 101
Target - 1: Rs. 146
Target - 2: Rs. 197
Target - 3: Rs. 256
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Timeframe - 5 months - 1.5 years
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Technicals - Trendline Breakout
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This is just a view by an expert analyst, please invest at your own risk.
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This Rice stock might rise soon!KRBL is one of the leading stocks in basmati rice export(holding company of India gate brand)
Recently, Indian government has put a ban on non-basmati rice exports which has led to increase in price of basmati rice in the world.
However, despite of the positive news for the stock, no major price change was observed in chart.
The stock is available at a PE of 12 and has a negligible debt with ROE of around 17%.
Technically, the stock is near a strong round number resistance of 400.
Positional traders can keep this stock in watchlist as the risk associated is low and reward is high in a longer term.
Idea is shared only for educational purposes