The HDFC Bank extended decline today, after marking its biggest single-day drop since March 2020.In the last two days alone, HDFC Bank has corrected more than 12%.
This decline is fine but there's another picture to it which no one is talking about.
While there is so much panic among investors and traders but this panic can be a good investment...
LTFOODS - Breakout and retest completed on a weekly timeframe. The stock has been in an upward trend and has excellent fundamentals. There is an immediate upside of 20% potential.
ABCAPITAL
# AB capital reported strong quarterly Report on Jan 5,2024.
# Banks net Income increased 12% year-over-year.
#Company Announced a New Partnership with Leading Fintech company to enhance its digital Banking services.
#Company Announced the Acquisition of a Small region Bank in South East Asia, which is Boost International Operations.
#...
On Occassion of Diwali my educational pick basis fundamental and technical will be Nykaa NSE:NYKAA
On technical front
Price Crosses Moving Average (50-week)
After down trend price in consolidation mode making HH and HL
Bullish Momentum - Above Short, Medium and Long Term Moving Averages
Outperformer - FSN E-Commerce Ventures Nykaa up by 1.32% v/s NIFTY...
Key levels:
Support: 1800 on a closing basis
Resistance: 1920, 1980, 2080, 2185
Description:
Fundamentals:
Business Overview:
Raymond Limited, established in 1925, is a diversified group with interests in Textile & Apparel sectors, Real Estate, FMCG, Engineering, and international markets.
It is a leading vertically and horizontally integrated...
The Co. Scan Steels Limited manufactures TMT Rod (under the brand name of SHRISHTII TMT), Sponge Iron, MS Billets/ Ingots, and generates power for captive consumption.
Technicals
Pattern: Symmetrical Continuation Triangle (Bullish)
Duration - 1-2 months
The price has broken upward out of a consolidation period, suggesting a continuation of the prior...
Technicals
Bullish Momentum - Above Short, Medium and Long Term Moving Averages
The price has broken upward out of a consolidation period, suggesting a continuation of the prior uptrend.
MACD + RSI POSITIVE
Pattern: Symmetrical Continuation Triangle (Bullish)
The stock is seeing buyer demand, and is bullish across its technicals compared to the rest of the...
Good morning Traders.
Here is the technical analysis of UCO Bank we all should know.
>> Chart is self explanatory but to elaborating more Stock was consolidating in Symmetrical tringle pattern since 9 months. Where it has made a beautiful support and resistance lines in triangular shape and gave a Nit and clean breakout.
>>In the weekly time frame, we can...
Shaikhoology's Stock Analysis
#OrchidPhar - 474
Overview:-
Business got into trouble and filed insolvency which was taken over by Dhanuka Laboratories in 2020
MOAT- Company have few patented products (API)
Topline:-
YOY & QOQ improvement seen in recent results.
Profit Growth is Organic and Margin Expansion clearly visible
BottomLine :-
Debt reduction, Good...
Key highlights: 💡⚡
✅On 1W Time Frame Stock Showing Breakout of Triangle pattern .
✅ Strong bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 795.
✅Can Go long in this stock by placing a stop loss above 600.
✅ breakout this can give risk:reward upto 30%+
NSE:NIFTY
We will divide the analysis into three parts:
1) Fundamental Analysis:
In terms of valuation, The whole market is looking fairly valued.
2) Macro Analysis:
The bank's rules, regulations and framework to provide loans to medium and large enterprises are strict. When banks think that the economy is going through hard times or may go through...
Bharti Airtel is at the major support level of 640-630. Fundamentally this stock is going to do good as per consumer wallet share in increasing with the increase in consumer. This fall the best buying opportunity for long term investor who believe internet will drive the world.
First target of airtel is 780. Once it crosses it sky is the limit for it.
HCL has in long down trend and finally make break out of strong trend line.
And this stock fundamental also good best time to buy for swing trade and long term.
Please refer chart for detailed explanation and Targets.
Fundamental and Technical Analysis
Increase in volume on weekly chart.
Highest sales and profit so far.
Good dividend history.
Good price to buy is between 120 -130.
Fundamentals are strong so no need to worry even if price goes down.
If you think my analysis is helpful than please do like my...
