Zomato in deals with Paytm for ticketing system and if deal closes, we can expect ATH in near future. One can look for a buying opportunity around 187 with strict SL of 178
Promoter continuously increasing stakes From 64.8% in Mar 23 to 71% in Mar 24 Good Financial numbers Sector tailwinds as chemical sector gathering strength Strong Vol support
-Good EPS growth, thats what always look for. -73 days consolidaiton under major resistance, breakout can initiate good above move.
Coupling news had hit this monopoly stock really bad but finally a head & shoulder breaking out after base formation. NSE:IEX is that beaten down stock whose price is hit badly but the finances are not that bad. Was overvalued earlier and still trading at 45+ P/E but that'sthe premium it deserves for being a monopoly stock.
Currently, stock has given breakout from resistance and can be taken as a quick swing trade for 2300 target. Stock has a strong trendline supply zone which is around 2300. If this level breaks out, we can see huge rally in the stock and can be held for long term. Stock has good fundamentals and only around 2% is public holding. Good bet in EV sector theme.
Please consult your financial advisor before investing.This is only for learning purpose of chart. We are NISM certified EQ and MCX trader but SEBI register not investment advisor. You can connect me on INSTA for further query at _prem_.23 Good stock coming in uptrend watchout DII is buying and also good portfolio stock in a year it can make fresh high...
Broken the previous high of 394 Excellent management Great fundamentals with good guidelines Sector tailwinds
The stock has been forming a rounding bottom pattern on the daily timeframe and gave a breakout from 572 levels which was the first resistance and now the stock is compelled towards new endeavours of 794 majorly the 1st target after which stock can enter into exhaustion phase or give a breakout , if the stock rebound from 794 it would begin the process for making...
Tightness in price from absolute highs to lows & tight closes with little change in price from one day to the next & also from one week to the next are very constructive Any breakout from the upper horizontal line could push the stock upward
Breakout from a weekly pattern Faced resistance at the same level multiple times & price action reverted Good tailwinds in 5G networks for mobile communication
-Posted good results -Why i am liking this setup so much is : Its rejection from 200 ema(yellow line), that means its staying very little in Stage 4, means strong buying by Institutions (Lots of white dots : 5% move with 1M vol) -Recovered fast from 4th June (election result day) bloodbath, again strong stock sign. -in Tightness phase (volume drying), needed...
-Posted good quarter results -DTL BO (Down Trend Line Breakout) anticipation -Green Vol > Red Vol
Great Fundamentals for this quarter PE of only 6.85, EPS rise from 0.18 to 5 QoQ Huge Volume support Greater than 70% promoter stake
Pros: ➡️public holding <5% ➡️highest ever PAT & Sales ➡️continuous reduction in P/E (lowest ever) Cons: Pending cases including GST
One Simple Horizontal Line Setup -Posted great growth results, everything is improving. -Pharma sector seems strong as it is also near breakout zone. -That red wick on election results day seems so good, fell with market but cop up fast and took support at 200 ema n come back in good zone again and, Good shakeout of 100 ema too. -Yesterday gave squat too (went...
One Simple Horizontal Line setup Already showed momentum today by gap up -Buyable above weak resistance level, already tested 3 times
AU Small Finance Bank Limited is engaged in providing a range of banking and financial services including retail banking, wholesale banking, treasury operations and other services. CMP - 565 AUBANK is currently trading in a support zone & looking good for long term investing perspective. I am allocating my investment allocation at CMP. Targets I'm expecting are...
-Posted good growth results -Squeezed between 10 ema n BO (Breakout) level -Shakeout from 21 ema -Volume contracting -DTL (Down Trendline)