WHIRLPOOL: 5 YEARS OF NO GAINSWhirlpool: now at the same levels last tested in 2017–2018, i.e., 5 years: net net market cap gains+ 0
the promoter sells around 23% in open market as can be seen ie parent company now holds only 51% stake from earlier close to 75%
such underperformance is to be worried about and at same time, if promoter selling such huge stake despite stock being down by around 55% from its all-time high zone, that speaks a lot in itself
Growth
Devyani International at Strong Support, Attractive Risk RewardDevyani International Looks Attractive
Fundamentals : Strong, Consistent growth on Sales, Profits and EPS. High Reserves vs debt free, Discounted..
Technicals : Taken Strong Support in rising Wedge.. Good RR...
Resistance 1: 180
Resistance 2: 200
Resistance 3: 220+
Support Zone : 140-125
AMBUJA CEMENT ON THE WAY OF BECOMING ULTRATECHThe stock has posted pretty good quarter , net profit has zoomed 3X quarter on quarter basis moreover the stock has reasonable PE compared to the peers . it has immense potential on becoming the next ultratech . the techincals also support the fundamentals which shows further reliabilty since the adani takeover the company is doing great . the stock has formed an inverse head and shoulder pattern and 589 level is a crucial resistance upon breaking it can reach till 851 levels
TEXRAILTEXRAIL:- The stock has given a breakout after 9 years. Keep an eye on the stock.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
HFCL-An investing stock for open targets!HFCL Ltd (Himachal Futuristic Communications Limited) is a diverse telecom infrastructure enabler with active interest spanning telecom infrastructure development, system integration, and manufacture and supply of high end telecom equipment, Optical Fiber and Optic Fiber Cable . (Source:-Screener)
With growing 5G and Gigafiber demands, HFCL has a big future ahead and chart suggests the same. Stock had given 20 year consolidation breakout back in 2021 but since then, stock formed a flag for 2 years which further would have frustrated its old investors.
However, last couple of months have been phenomenal for the investors as stock finally managed to break the flag and given weekly closing above the psychological resistance of 100.
Definitely a long term buy for investing at dips(till 80) with monthly support near 65.
NFLNFL:- The stock has given a breakout after 11 years. Keep an eye on the stock.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
WIPRO |STRONG BREAK-OUT | LONG-TERM WIPRO has given a clear breakout on the weekly chart and looks good.
WIPRO
CMP:- 467
Targets :- 476/520/616
Stop :- 425-427 levels. (WCB)
Disclaimer: I am not a SEBI registered analyst. All the stocks are for educational purposes. Investors must consult a financial advisor before making any investment. It is not a buy or sell recommendation.
EDELWEISSEDELWEISS:- If the stock gives a breakout and sustains above 45.90 level, we may see a movement to the upside
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
UJJIVANUJJIVAN:- Stock has formed cup and handle pattern, plan something only after breakout till then keep an eye on the stock
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
TTMLTTML :- wait for breakout
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
Adani Event based jackpot setup - AWL Adani Wilmar2024 Year Special Pick - *AWL*
Adani today's event based trade!
Fundamentals : Decent, Consistent growth on Sales, Profits and EPS. High Reserves vs debt. Discounted Adani Stock!
Technicals : About to break the Trend line / Triangle pattern, reversal indication with rising volume.. Technically active above 420 weekly closing
R 1: 510
R 2: 620
R 3: 740+++
S : 320-280
FCLFCL :- Cup and handle pattern is made in stock, breakout has been given
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
METROPOLISMETROPOLIS :- After a huge fall, the stock has consolidated and has also formed a reversal pattern called Cup and Handle Pattern.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
GRASIMGRASIM:- After this, a breakout is about to happen, the stock has been consolidating near the resistance for the last 3 months. If we get a breakout, we may see upside movement.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
🚀 $BANKNIFTY Breaks Resistance: Long Position for ATH! 📈💹📈 Unlocking Potential: NSE:BANKNIFTY Breaks Resistance, Long Position Targets All-Time High! 🚀💼
In a significant development, NSE:BANKNIFTY has successfully shattered a key resistance level, marking a pivotal moment in its chart dynamics. This breakthrough signals an opportune time for traders to consider initiating a long position.
**Why Consider a Long Position:**
The breach of this resistance is often interpreted as a bullish signal. Traders view this as an indication of strength and potential upward momentum in the stock. Initiating a long position implies anticipating further price appreciation.
**Setting Sights on All-Time High (ATH):**
The strategic objective of this long position is to capture gains up to the All-Time High (ATH) level. ATH represents the highest historical point the stock has reached. Traders often set ambitious targets like ATH when they perceive favorable conditions for continued upward movement.
**The Bullish Ascent:**
With the resistance conquered and a clear path ahead, the stage is set for a bullish ascent. Traders entering a long position aim to ride the upward momentum, capitalizing on the positive market sentiment surrounding $BANKNIFTY.
As always, it's crucial to conduct your own analysis, consider risk management strategies, and adapt to evolving market conditions. The decision to enter a long position should align with your individual trading strategy and risk tolerance.
Stay tuned for market updates as NSE:BANKNIFTY unfolds its journey towards new heights! 📈💹 #BANKNIFTY #LongPosition #BreakoutTrading