WRX (WazirX) price has potential to explode up to $34WazirX recently launched NFT and another major positive news that making headline is circular released by Reserve Bank of India (RBI) to allow banks to corporate with the customer who willing to invest in crypto currency’s, recently Indian banks refused to allow payments for crypto related transactions but RBI circular set a positive sign for crypto investor in India.
WazirX is one of the largest exchange in India which is backed by Binance....with 435 millions WazirX tokens in the supply and market cap is around 570 million
Seeing recent growth, WazirX aiming for 10 million users in 2021 which mean their token will be one of the most growing asset in coming months.
WazirX market cap could go up to 10 billion and which will lead to WazirX token price explode around $34
WazirX is the next BNB coin (Binance)
Note: This is not a financial advise, trade at your own risk
Growth
Cup with Handle Breakout - Don't MissCrompton Greaves Con is involved in the business activities of Manufacture of electric lighting equipment.
The Stock broke out a trendline resistance and has almost completed its retesting. There is a Cup & Handle Formation on charts and the stock is ready to breakout. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 15% above 200DMA. The RSI is at perfect levels.
The Company is fundamentally very strong with a very healthy Balance Sheet. The Company has posted best ever EPS and Sales figure in its Lifetime in the the last quarter of FY 2021. The Company is expected to boom in future with Make in India Initiative by the Government. Mutual Funds and FPI are extremely bullish on the stock which is evident from stake improvement. FPI has raised their stake from 29.925 in June 2020 to 39.18% in March 2021. Mutual Funds have also raised their stake from 24.6% in June 2020 to 27.9% in March 2021. FPI and Mutual Funds hold a combined stake of 67% in the Company.
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Investment Pick - Trend Reversal On ChartsLIC Housing Fi is involved in the business activities of Activities of specialized institutions granting credit for house purchases that also take deposits.
The stock from a technical standpoint is comfortably placed above its key moving averages, around 13% and 29% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 4% from the pivot point (which is the ideal buying range for a stock).
The Company is Fundamentally very sound with a very healthy Balance Sheet. An annual revenue growth of 13% is good, Pre-tax margin of 17% is great, ROE of 13% is good.
Keep Accumulating for Targets as suggested on charts with a time frame of atleast 2 Years.
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CROMPTONClosing Above 408 will confirm the buying position
Closing Above 421 will confirm the breakout
Disclaimer: I am not a SEBI registered or authorized analyst. The charts/levels/stocks posted will be only for educational purpose and not a buy/sell recommendation. I will not be responsible for your any losses & profit. No any kind of legal actions will be entertained for the same.
🔹AIA Engineering Ltd the hidden man🔹all observations mentioned in the chart
little risky guys
buy @1840-60 range
strict sl below 1780🙏🙏
trgt 1950-2085-2230🎯🎯
long term 2500++
note guys dont go with a sudden buy.just keep it on radar.dont know when it gives reversal, anyway wait for that reversal and go with a buy. 🙏🙏
💠 why i said it risky 💠
check the numbers(1-3) that I plottted in the chart
✔yes!! it's a down side head and shoulder
1- head
2- left shoulder
3- right shoulder
✔note that q3 is not much postive
💠 then WHY I shared it for short term ? 💠
✔till now stock moving beautifully in an uptrend line
✔silent accumulation going on
✔big hands accumulating stock
✔gradually increasing Y-O-Y profit
✔symmetric triangle
✔good growth expecting company
weekly chart👇👇
🍂about the company🍂
AIA Engineering is engaged in one of the worlds leading manufacturers of value-added, impact abrasion, and corrosion resistant High Chrome Mill Internals (HCMI).(Source : 201903 Annual Report
Tata Motors reversal possibilityRemember folks, tata motors are strong on fundamentals. Although they have been heavily priced upwards in past quarters they might not fall back so quickly. There is tremendous potential for tata motors to grow. And growth stock generally gets priced really high. I think tata motors provide a healthy risk to reward ratio.
Precision Wires ! time to buy ?Precision Wires
buy @180-190 range
sl 160
trgt 221-250-320🎯
study then invest
reasons for the buy
🍁the stock was in a uptrend
🍁above 192-193 looks like a good breakout
🍁postive q3 published
about the company
✨Precision Wires India is engaged in the business of manufacturing of Enamelled Round and Rectangular Copper Winding Wires, Continuously Transposed Conductor (CTC) and Paper / Mica / Nomex Insulated Copper Conductor (PICC) which are used by the electrical / electronics industries.
support💚like❤ comment💙
Inverted Head and Shoulder ChartLikely to reach 780 level and more.
Pros: Trading nears its all time high, has registered a good result in last quarter and more over Pvc pipe has observed hike in their price during last month.
Is SBI violent move could be predicted??SBI looks low valued stock around 250-270 range and RSI was around 60% with weekly breakout and huge volume support. Breakthrough at 250-270 range. It forms rectangular box pattern which breakout would be around 350-358... So as per price action looks strong..
Disclosure:- I am not having SBI position in my portfolio also this is only for study and educational purpose. One should take trade with advice of there financial advisor. I am not suggesting or advising any BUY SELL OR HOLD Position.
TTK PRESTIGE - LONG
Potential Turnaround Stock - Positional Idea
TTK Prestige
LTP ~ INR 5984/-
Breakout At INR 6575/- Resistance At INR 7750/- Support At INR 5325/-
The stock from a technical standpoint is trading Above 3% to its 50DMA and comfortably placed above its 200DMA, around 10% above 200DMA.
50DSMA ~ 5774.40/- Trading above 50 Day SMA from 24th Dec 20
It needs to take support around the 50 DMA level to continue further upside move.
Stock is technically in a Mildly Bullish range
The technical trend has improved from Sideways on 24-Dec-20The stocks MACD and Bollinger Band technical factors are also Bullish
Good for Long viewImmediate/Major Resistance – 220
Short Term Support – 160
Long Term Support – 115
Technical:
Chart Trend - Positive
Chart Pattern –
Recommendation - Buy
Fundamental:
Net Profit – Strong Rise
Earning – Positive
Institutional Strength – FII
Note: Overall Analysis prepared for learning purpose only.