Growth
🔹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.
Buy Bandhan Bank - Book 47 points profit in 10 Business days 1. Almost forming Inverse Head and Shoulder pattern(blue marker)
Strong buy trend in last leg
2. Broke 2 consecutive trend lines(red)
3. Expecting good upward move post US presidential elections
4. Ex CEO Re-Appointed
5. Rise in Advance and Deposits in Sept Quarter and YoY