India Cements: 16-Year Breakout and Strong Technical MomentumHere is the multiyear breakout for NSE:INDIACEM
Technical:
Massive 16-year breakout
Strong rally
High volume / above-average volume spike
NSE:INDIACEM
Fundamentals:
Impressive gross profit margins
Prominent player in the construction industry
Liquid assets exceed any obligations
Conclusion:
India Cements is a strong buy due to its significant long-term breakout, solid technical momentum, and robust fundamentals. The stock's impressive gross profit margins and financial stability
Growth
All Cargo Terminals LTD 51.20, ATL - Stock to buy Stock is trading around its support level. if company gives good quarter one results we might see stock move upside.
its good buying opportunity. one can make 10 to 15 % profit in short period.
i prefer you buy on long term perspective for better return.
Ujjivan Small Fin 19/07/24 - Buying opportunity There has been 30% correction in the stock price from (63 to 44).
Stock has the potential to move upwards in coming days and would give good returns.
Short term target
upside target 48, 52
stop loss 43
Long Term Target
upside target 57, 68
Strong buy signal in charts, good opportunity to make 20 to 30 percent profit.
GULF OIL LUBRICANTS FORMING INVERSE H&S PATTERNThe stock has been forming an inverse head and shoulder pattern since 2017 and price moved in a narrow sideway trend however at the same time the fundamentals of the company have jumped multifold , eventually price will meet value and as a result the long consolidation is coming to the end this stock literally has all the ticks for both fundamental and technical analyst
FIIs are increasing , PE is the lowest amongst its peers , PROFITABILITY and SALE have shown immense growth
1110-1084 was a curcial resistance for the stock which is breached leading stock to run till 1700 levels and futhermore from there onwards
ELIN - SIMPLE SETUP, GREAT POTENTIAL (GOLDEN CROSSOVER)Hi All,
This idea is about ELIN ELECTRONICS (EMS Sector)
Fundamentals:
Market Cap - 1033 Cr
Total Sales - 1042 Cr
Stock P/E - 74
Healthy quick ratio - 2
Low ROCE - 5.12%
Increase in promoter holding by 0.42% but still promoter holding low at 33
Technicals :
Price has just broken out of consolidation since Feb 23 near to its listing with expansion in moving averages and golden cross over on daily chart.
Price has crossed Point of Control in VRVP indicator (Volume Profile) supported by surge in volume.
Great Sectoral tailwinds behind EMS sector as a whole
Hope you'll enjoy the trade,
Happy Trading,
Thanks,
Stock-n-Shine
TURNAROUND STOCK BREAKING OUT.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.
Endurance-A good auto ancillary stock for long termCurrently, 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.
LIC HOUSING FINANCE SUPERB FUNDAMENTALS PARAGON PATTERNThe 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 a handle and further bearish momentum would prevail so it would be apt to sell it in that scenario and wait for formation of handle
however in the other case the stock can break 794 and reach 1376 in no time
the stock has absolute amazzzzzing fundamentals and are quite reliable the management and assiduous and determined also the sales and FII holdings have growing like never before in recent years
Capacite Infra, another good Infra stock-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 consolidation as already moved 25-30% from 200 ema
-21 ema slope up