Triangle pattern reversal in UPL.UPL
Key highlights: 💡⚡
📊On 1D Time Frame Stock Showing Reversal of Triangle Pattern Pattern .
📊Shooting star Candlestick Form on this timeframe.
📊 It can give movement upto the Reversal target of below 700-.
📊 Can Go Short in this stock by placing stop loss above 790+ or last swing high.
Fundamental-analysis
Double bottom Pattern breakout in GRASIM.GRASIM
Key highlights: 💡⚡
📈 On 30Min Time Frame Stock Showing Breakout of Double bottom Pattern .
📈It can give movement upto Breakout target of above 1780+.
📈 Can Go Long in this stock by placing stop loss below 1730--.
📈 Breakout this can give risk:reward upto 1:4+.
Bullish Pennant pattern breakout in CHOLAFIN.CHOLAFIN
Key highlights: 💡⚡
📊 On 1D Time Frame Stock Showing Breakout of Bullish pennant Pattern .
📊Strong Bullish Candlestick Form on this timeframe.
📊It can give movement upto Breakout target of 935+.
📊Can Go Long in this stock by placing stop loss below 700-.
📊Breakout this can give risk:reward upto 1:7+.
Swing Trade Idea in WIPRO
Information Technology
IT Services & Consulting
Largecap
With a market cap of ₹2,12,903 cr, stock is ranked 27
Current price is less than the intrinsic value
Stock has been generating better return on equity than bank FD
Stock doesn't offer attractive dividend returns
Good time to consider, as stock is not in overbought zone
Stock not in ASM/GSM lists and not a lot of promoter holding is pledged
Disclaimer:- I am not a SEBI Research analyst so before investment please call to your investment advisor.
Price is what you pay, but value is what you getWarren Buffett is the most successful stock investor in the history of the world. Of course, which we know now. "The Oracle of Omaha" - that's what fans of his "magical instinct" call Buffett. But is that the point?
As an 11-year-old child, little Warren was inspired by the possibilities of the stock market and invited his sister to participate in his first investment. These were preferred shares of Cities Service. The sister agreed to take the risk and Warren bought 3 shares at $38.25. But then, the wave of enthusiasm turned to disappointment and guilt - the shares fell to $27. Buffett's first investment "enterprise" lost 29% of the amount of investments that were borrowed. We can only imagine how the young investor felt at that moment, but I think this feeling is familiar to many: positive expectations clashed with the harsh reality of the stock market. Warren didn't sell shares. But when the price for them reached $40, he did it instantly. Apparently, considering this whole undertaking a mistake. The income was 4.6%, the sister received her money back. Everything worked out. Surprisingly, Cities Service's share price rose to $202 a few days later. Or +428%, Warren!
The entire subsequent history of Warren Buffett confirms that he drew the right conclusions from the experience of his childhood. He realized that the price on the stock exchange may not reflect the value of the company itself. Buffett began to study accounting, the principles of fundamental analysis of enterprises, the ideas of Benjamin Graham. This allowed him to develop an approach that consisted in determining the real value of the company, different from the one that we see on the stock exchange.
"Price is what you pay, but value is what you get".
From myself I will add: and if the value is higher than the price - such an investment is considered reasonable.
In the chart above, the price history of Buffett's main holding company, Berkshire Hathaway. As well as the S&P500 index. As you can see, his company "overtakes" the index, which means it shows much better performance than the average value of 500 US companies.
Perhaps, in addition to deep analysis of the companies' business, Buffett's unique investor instinct helps, I don't know. But the fact that he is a real Wizard of our time is an indisputable fact for me.
NIFTY50 INDEX HEADING TOWARDS ALL TIME HIGHNIFTY50 Index is range bound ( in range of 18000-18180 ) since 1-11-22. Eight trading sessions are gone. Index does not break the range. I drew a parallel lines for defining range. If, market showing upward trading in upcoming session, it will create double bottom and index will touch all time high in near future.
However, If Index breaks 17900 on closing basis, then market will be in bearish mode. It is very unlikely scenario.
First, we will discuss factors enabling bullish scenario.
1. Nifty50 stood at PE of 21.53 as on 10-11-22. It's showing very affordable valuation of Indian stocks.
2. FII bought INR 8531.51 Cr. till 10-11-22 ( taken from NSE)
Except two days, We have seen FII inflow in cash segment on continuous basis since 20th Oct-22.
Fingers are crossed, In my opinion; we will see all time high market.
Double top pattern reversal in AMBUJACEMAMBUJACEM
Key highlights: 💡⚡
📊On 1D Time Frame Stock Showing Reversal of double top Pattern .
📊 It can give movement upto the Reversal target of below 485-.
📊There have chances of breakdown of Support level too.
📊 After breakdown of support level this stock can gives strong Downside rally upto below 380-.
📊 Can Go Short in this stock by placing stop loss above 580 or last swing high.
Triangle pattern Reversal in APOLLOHOSP.APOLLOHOSP
Key highlights: 💡⚡
📊On 1D Time Frame Stock Showing Reversal of triangle Pattern .
📊 It can give movement upto the Reversal target of Above 4610+.
📊There have chances of Breakout of Resistance level too.
📊 After Breakout of Resistance level this stock can gives strong upside rally upto above 5200+.
📊 Can Go Short in this stock by placing stop loss below 4330 or last swing Low.
Symmetrical triangle pattern reversal in AUBANK.AUBANK
Key highlights: 💡⚡
📊On 1W Time Frame Stock Showing Reversal of Symmetrical triangle Pattern .
📊 It can give movement upto the Reversal target of Above 660+.
📊There have chances of Breakout of Resistance level too.
📊 After Breakout of Resistance level this stock can gives strong upside rally upto above 880+.
📊 Can Go Short in this stock by placing stop loss below 560 or last swing Low.
Accumulation by DII's in KIMSHello everyone!
After listing in June'21, KIMS has not move anywhere and is consolidating in a very small range since then. Recently on chart stock is looking strong as it is trading near its high from past 1 month forming a Cup & Handle pattern ready to breakout. Now look at the DII & General Public holding pattern mentioned on the chart. We can see that DII has only 16% holding when stock was listed but since then every quarter there is an increase in their holding and decrease in general public holding confirming past 1 year consolidation as accumulation. Both Technical and holding pattern data is indicating towards a coming upward rally in the stock.
Thanks!
Head and shoulder pattern breakout in ULTRACEMCO.ULTRACEMCO
Key highlights: 💡⚡
📈 On 1D Time Frame Stock Showing Breakout of Head and shoulder Pattern .
📈 Strong Bullish Candlestick Form on this timeframe.
📈It can give movement upto Breakout target of 8710+.
📈 Can Go Long in this stock by placing stop loss below 6650-.
📈 Breakout this can give risk:reward upto 1:5+.
Bearish flag pattern reversal in GLENMARK.GLENMARK
Key highlights: 💡⚡
📊On 1D Time Frame Stock Showing Reversal of bearish flag Pattern .
📊 It can give movement upto the Reversal target of below 385-.
📊There have chances of breakdown of Support level too.
📊 After breakdown of support level this stock can gives strong Downside rally upto below 250-.
📊 Can Go Short in this stock by placing stop loss above 428 or last swing high.
[INTRADAY] #BANKNIFTY PE & CE Levels (07/11/2022)Today will be a gap-up opening in BANKNIFTY. Expected opening near 41450 Level. After opening if the bank nifty sustain below this level then possible downside rally up to 41050. And Reversal chances above this level 41050 level. and then a possible upside rally up to the 41450 level and this rally can extend for another 400 points if it gives a breakout of the 41550 level.
Voyager- Will it sink or sail in pride. Voyager as you all know is now being bid by FTX. There is a voting process till 29th Nov. It's in news all over and will soon be again.
VGX token is also kept forward as a sale of 10M$ which is a floor price set.
VGX is a lovely whales manipulation coin and its very silent as of now.
I see it pumping soon for an easy 2x approx. As TA wise it looks good around a support and exhaustion of selling. Also FA wise they might want to pump VGX for exit liquidity or even to get higher bid of VGX reserves by showing VGX strength in this market.
As of Oct 14, Voyager holds 60% of the total supply which I don't think they will sell or can sell. Other top holders are Binance with more than 10% of the supply and some bags by Gate and Coinbase too. Exit liquidity is inevitable IMO.
The token crashing to zero sounds tough, so let's try to get in this pump and dump.
DYOR, NFA and it's a risky setup not like any other low risk, we talking about this company's insolvency and debts and auction and whatnot.
Short Term Trade Idea (NATIONAL ALUMINIUM)
Materials
Metals - Aluminium
Smallcap
With a market cap of ₹13,471 cr, stock is ranked 288
Current price is less than the intrinsic value
Stock has been generating better return on equity than bank FD
Stock offers good dividend returns
Good time to consider, as stock is not in overbought zone
Stock not in ASM/GSM lists and not a lot of promoter holding is pledged
Disclaimer : I am not a SEBI Registered Research Analyst so before your Investment Please Consult you Financial adviser.
Rising wedge pattern reversal in ZEEL.ZEEL
Key highlights: 💡⚡
📊On 1D Time Frame Stock Showing Reversal of Rising wedge Pattern .
📊 It can give movement upto the Reversal target of above 290+.
📊There have chances of Breakout of Resistance level too.
📊 After breakout of Resistance level this stock can gives strong Upside rally upto above 350+.
📊 Can Go Short in this stock by placing stop loss below 260 or last swing Low.
Symmetrical triangle pattern breakout in CHOLAFIN.CHOLAFIN
Key highlights: 💡⚡
📈 On 1D Time Frame Stock Showing Breakout of symmetical triangle Pattern.
📈 Strong Bullish Candlestick Form on this timeframe.
📈It can give movement upto Breakout target of 865+.
📈 Can Go Long in this stock by placing stop loss below 705 or last swing low.
📈 Breakout this can give risk:reward upto 1:4+.
uptrend parallel channel pattern in ABFRL.TATACHEM
Key highlights: 💡⚡
📈 On 2Hr Time Frame Stock Showing Reversal of uptrend parallel channel Pattern .
📈It can give movement upto the Reversal target of 330+.
📈There have chances of breakdown of supportlevel too.
📈 After breakdown of support level this stock can gives strong downside rally upto below 296-.
📈 Can Go Short in this stock by placing stop loss above 360 or last swing High.
Bullish flag pattern reversal in TATACHEM.TATACHEM
Key highlights: 💡⚡
📈 On 1D Time Frame Stock Showing Reversal of Bullish flat Pattern .
📈It can give movement upto the Reversal target of 1190+.
📈There have chances of breakout of Resistance level too.
📈 After breakout of Resistance level this stock can gives strong upside rally upto above 1375+.
📈 Can Go Short in this stock by placing stop loss below 1120 or last swing low.
📈 After breakout this can give risk:reward up to 1:3+.
Symmetrical triangle pattern reversal in AUBANK.AUBANK
Key highlights: 💡⚡
📈 On 1D Time Frame Stock Showing Reversal of symmetrical Triangle Pattern .
📈It can give movement upto the Reversal target of 665+.
📈There have chances of breakout of Resistance level too.
📈 After breakout of Resistance level this stock can gives strong upside rally upto above 885+.
📈 Can Go Short in this stock by placing stop loss below 665 or last swing low.
📈 After breakout this can give risk:reward up to 1:3+.