BTCUSD (Bitcoin) After Correction of close to 5000 dollar correction it time to enter Small Reversal trade at buy Side First We had enter Sell entry at 89980 ( Target yet to achieve ) time to play reversal trade at 84800 ( Date 12 Nov 2024 ) trade will continue for 3 day i.e till 15 November 2024 on 15 November will take another /additional sell entry
Gann Square
United Breweries Ltd for Long-Term investment?Starting date 01Jul2008
First low 01jan2009 @63.05 and it is low to All-Time.
All-Time High 03Jun2024 @2,182.45
United Breweries Limited (UBL) is engaged in the business of manufacture and sale of beer and non-alcoholic beverages.
The Co markets its products under the flagship brands Kingfisher and Heineken. Some of the most popular brands in its portfolio include Kingfisher Premium, Kingfisher Ultra, Kingfisher Strong, Kingfisher Ultra Max, UB Export Lager, London Pilsner etc.
The Co has a market share of 54% in the Indian beer market as of March 2022. In FY21, the Co unlocked the African continent by foraying into seven countries: Kenya, South Sudan, Ethiopia, Tanzania, Uganda, Democratic Republic of Congo and Seychelles. With this expansion, the Co now has a strong presence in more than 50 countries, and will continue to expand into similar such potential markets in the future.
In FY21, The Co leveraged its long-standing association with ‘Sunburn’, Asia’s biggest electronic dance music festival as a platform to promote home consumption. Kingfisher sponsored ‘Sunburn@Home’ which was streamed live on Facebook and Instagram, reaching 50 Million people. The Co also got associated with IPL cricket teams via two of its best-known campaigns, the iconic ‘Divided by Teams, United by Kingfisher’ campaign and the more recently launched ‘Kya Plan Hai’ campaign.
Kingfisher Storm has extended its footprint by entering the Northern markets of Delhi & Rajasthan. Amstel International, slow brewed Beer also continued its footprint expansion in Haryana, Telangana & Maharashtra which were added to the list of Amstel markets post the gradual unlocking in FY21.
Domestic- 99%
Export- 1%
The Co’s top 2 customers accounted for 33% of its total revenue in FY22.
Market Cap 54,601Cr INR, Stock P/E 133, Current 2,065INR, ROCE 13.5 %, ROE 10.1%, Debt to equity 0.02 Company is almost debt free.
Company has been maintaining a healthy dividend payout of 68.6% , Promoter holding 70.8%, Return over 3yr 13.9%, Return over 5yr 8.55%, ROE 3yr 9.35%, ROCE 3yr 12.7%, Industry PE 31.8, Net Profit 411Cr INR
I think this company is good for long-term investment.
I WELCOME YOUR THOUGHTS. BE SURE TO SHARE YOUR THOUGHTS ON THIS.
United Spirits Ltd for Long term Investment?Starting date 01Nov2006
Then after that he met his First High on 01Oct2007 @439.15
Then after that he met his First Low on 01Jan2009 @85.21 and that's an All-Time Low.
All-Time High on 03Jun2024 @1,334.85
If you are looking for an entry then it must be @796.70 - @730.95 because you can see a BOS & BOS comes with POI "MPOI" which means there will be mitigation @796.70 - @730.95 for LONG side.
Diageo India incorporated in India as United Spirits Ltd.(USL) is the country’s leading beverage alcohol company and a subsidiary of global leader Diageo PLC. The company manufactures, sells, and distributes a wide portfolio of premium brands such as Johnnie Walker, Black Dog, Black & White, VAT 69, Antiquity, Signature, Royal Challenge, McDowell’s No.1, Smirnoff and Captain Morgan.
USL has the highest market share of 25% in the Indian spirits industry It is the 2nd largest spirits company in the world. The company has ~45% market share in the Indian Whiskey market. Whiskey accounts for over 60% spirits sale in India.
USL has a comprehensive brand portfolio with more than 80 brands of Scotch whisky, IMFL whisky, brandy, rum, vodka, and gin. Out of these, 9 brands that sell more than a million cases each year, of which 1 brands sells over more than 25 million cases each annually.
The Co. has a pan India manufacturing presence with more than 37 facilities and a distribution network of 70,000 outlets.
Market Cap 93,803Cr INR, Stocks P/E 68.2, Current price 1,290INR, ROCE 27.9%, ROE 21.0%, ROE 3yr 19.6%, ROCE 3yr 24.3%, Return over 3yr 25.6%, Return over 5yr 16.7%, Promoter holding 56.7%, Debt to equity 0.04% Company is almost debt free, Industry PE 31.8, Net profit 1,408Cr INR
This Company has a very good HOLD in this industry. And so I think this company is good for long-term investment.
I WELCOME YOUR THOUGHTS. BE SURE TO SHARE YOUR THOUGHTS ON THIS.
Banknifty weekly analysis for 30/10/23.Banknifty has been trading below Weekly 20 ema and has given nice trending movement of around 1500 points from high to low while closing around 940 points lower.
It recovered around 1% or 500 point higher on the last trading session that is a retracement after the selling leg.
Daily candle is showing a retracement and can test fibonacci 38.2% or 50% level.
The closing on the hourly charts is above the 20 ema after consolidating around the level.
Support :- 42500, 42320, 42130
Resistance :- 43100, 43380, 43620
After a selling leg the market are retracing to clear the imbalances. The trend is bearish for now and sell on rise in the market cycle.
Wait for the price action and a setup for the entry. Trailing stop loss can give good targets on the bearish side.
Nifty weekly analysis for 30/10/23.Nifty has given a green candle after a fall of more than 3% in the week.
It is given a retracement after the fall and the fall may continue as global sentiment are also showing negativity.
Moving averages are also showing bearishness as nifty has closed below Weekly 20 ema but took support from daily 200 ema. If the daily level is broken, selling may continue.
The market has recover 1% in the last trading session and closed above 19k levels.
In the hourly charts, there was a resistance from 20 ema and entire day it couldn't close above the level.
Support :- 18870, 18720, 18650
Resistance :- 19080, 19250, 19420
The markets are unpredictable, there are chances of showing some retracement continuation and testing 19250 levels or open gap down and giving another selling leg.
Wait for the setup and price levels. Option buyer can take a overnight bearish trade if there is a selling tomorrow.
ETHUSDT Very Bullish above 1645 update
As per my previous discussion on the stock, position is still on. Timings of Two future candles having potential to dictate the future trend is mentioned in the chart itself. Mark High and Low of these candles and buy only above respective high. Please adhere to timings and price.
Levels for today : Sell Below and Levels 1624.78 1604.69 1564.88
Buy above and levels 1650.07 1655.15 1665.34 1685.80 1706.400 1727.11
Bear rule in BANKNIFTYBANKNIFTY index cannot retain its levels amid all the global crises because of the Russia-Ukraine tussle. The longer the brawl continues, the worse it is for the financial sector. BANKNIFTY took the support of 35200 based on Gann Square of 9 and bounced back.
Supertrend, Smoothed Heiken Ashi and Follow Line indicators are all in red in 5 Min Charts, 15 Min Charts and 30 Min Charts.
The support levels based on Gann Square of 9 are 35200, and then 34300. The support levels based on Fibonacci Series are 34900, 34724 and 34038.
The resistance levels 36050 based on Fibonacci levels and 36150 based on Gann Square of 9
Predicting next Nifty Fall by GannI have spent this weekend exploring Gann, & Whatever I could understand I felt this is a complete BULLSHIT.
Just putting my limited Gann exposure to test by predicting the next big fall of Nifty :
- Dates: 3rd July 2023 - 3rd Nov 2025 (Top & bottom both will be made during this period)
- Top will be somewhere in range of 20300s
- Percentage of fall : 38.5% (Bottom will be made around 12500s)
Let's see if I can be a next Nostradamus of Stock Market..! :D
ADANIPORTS | Make OR Break ?ADANIPORTS | Super breakout | At important juncture
This stock has given a strong breakout above Gann Octave level 348 (also a zone of Cube number 343)
Currently trading near all time high level and in the zone of Cube number 512
Approaching multi year trend line resistance around 550 level
Week starting 01-FEB-2021 happens to be 45th week from the low of 23-MAR-2020 | An important decision zone
Breakout levels: 576 / 625 / 676 / 729
Breakdown levels: 484 / 441 / 400 / 361 / 343
ITC | Gann Master ChartITC | Gann Master Chart
ITC recently made multiple attempts to break above multi year trend line resistance and the zone of Cube Number 216 | Now sustaining above it
Currently trading between a Cube (216) and Gann Square (218) levels
Sustaining above 218 can lead the rally to higher Gann levels 225 / 233 / 241 / 249 and 256
Level 256 could be a crucial point where Gann levels and an important trend line resistance converges
Support Levels: 211 / 204 / 196
HDFCLIFE | Gann AnalysisHDFCLIFE | A Portfolio Stock | Gann Analysis
This stock recently made an all time high of 731 (near Cube number 729), which also happens to be a strong trend line resistance
Strong support is placed between 643 and 665 levels | A good accumulation zone
Above 743 would be a confirmation of breakout for higher Gann levels 757 / 771 / 784 / 799 / 813 / 827 / 841 / 900 / 961 / 1000
Level 643 is a very strong support and has acted multiple times in the past
Below 621 could be a possibility of correction OR a down move
Important support levels below 621 are 599 / 576 / 529 / 512 / 496 / 452