TRIL, a stock setting up from strong sector.-Strong sector with tailwinds
-After strong move from base:152% in jjust 35 days, didnt fell much.
-Consolidating with tight closes n low vol.
-Strong Relative Strength
-Growth Company: Sales up, OPM improved, EPS growth.
Great Pick, Ready to blast.
Growth
Will Motherson Wiring (MSUMI) ride with other auto ancillaries?After NiftyAuto n its stocks saw nice momentum, now with good results in Auto proxy Ancillaries sector, stocks are also performing: Balkrishna Ind, Amara raja, Exide, Uno Minda, JBM Auto, Lumax, Rico auto showing good demand.
Now come to MSUMI analysis, why it can give returns?
FA:
-First of all decent growing QoQ, YoY and overall FY24 growth results for the company.
-ROE: 42.4% (highest among top leaders and ROCE: 48%
-Debt to equity : 0.15 (low)
TA:
-DTL BO Anticipation (Down Trend Line Breakout), tested trend line(TL) 6 times.
-HLs
-VCP in action
-Green vol > Red Vol (only concern can be big supply on 17/may but it can taken as final flushing of supplier from TL resistance, if now tested can break easily)
-Shakeouts are there (kicking out weak players)
-Tight closes with low vol
Overall loving the setup if possible will take cheat entry (Cheat : early entry from small base before BO in anticipation of BO)
VBL, strong stock with good result near weak resistance-Posted Good Results
-DTL BO (Down Trend Line BO) anticipation
-Tight closes near weak resistance as I was tested multiples.
-Demand is showing in last few days.
Waiting eagerly for BO
IOB from strong sector seems to break resistance. -EPS Growth, GNPA/NNPA decreasing, NIM Increasing
-Testing Resistance forth time, all good PSUBANK stocks setting up.
Check Vol
FSN with YoY growth results, ready for Stage 2?FSN posted good YoY results with expanding offline too, this can be super combo: online(e-com) + offline for the future growth for the company.
-right now, setup is in stage 1 but in uptrend so VCP concept can apply
VCP : 20W-30/2-4Ts (Contraction for 20 weeks, contracting from 30% to ~2% n total contraction 4 times)
-check Red Arrows how supply is flushing with every fall (Flushing of supply is imp for stock to blast)
Green Vol > Red Vol
-DTL BO: Down Trendline Breakout (Orange Circles), its forth time stock is testing this TL. N every time go up there with good volume.
-Moving Avg: are pointy upwards (10, 21, 50 emas)
-50 ema MAU&R (Moving Average Undercut n Rally) a GOOD Shakeout, read about it from here: OwlTraders Glossary (cant share link, will comment)
Overall, liking this setup. But one should wait for confirmation of stage 2 too, if stock move good from here n form a base then its a kinda confirmation.
ONGC ready to blast with solid FY24 results-Volatility Contracting with Green vol > Red vol
-Good Shakeout (when goes under major ema and goes up, here 50 ema 2 times)
-Tight closes near BO (breakout)
Overall I liked the setup, in watchlist for buy above BO
Sansera: Inverted Head & Shoulders + Q4 Power = Bullish Breakout
Sansera Engineering Ltd. reported impressive Q4 results, exceeding analyst expectations.
Revenue and EBITA surpassed street estimates, prompting brokerage firms to maintain their buy recommendations.
Building on a 36% return in the past year, Sansera's stellar performance positions it for a potential bullish breakout.
Technically, the stock appears on the verge of an inverted head and shoulders pattern.
Observing price action during a breakout or pullback could present attractive short-term return opportunities.
This information as should not be considered as financial advice.
Avenue Supermart (Dmart) first stage 2 base-Good Base forming.
-Ema Shakeout (MAU&R)
-Green Vol > Red Vol
-Inverted Head n Shoulder in forming
Polycab - Wires & Cables demand in multiple sectorsConcall
Polycab...3K Cr Capex over 3Y. A bit towards backward integration(improves efficiency) & FMEG segment
Seen 30-40% volume growth in Q4 & last year. Industry at 22% growth
No material impact in pricing pressure despite rise in commodities(copper & Aluminium) pricing. Mgmt seems to have witnessed this
G8 demand in Infrastructure, Power, Renewable energy, EV, Railways sectors...and so capacity expansion.
Seems to be an article published mentioning power deficit in India in June
12-13% consistent margins achievable over long time
Distributors playing key role in sales.. Cuz only 10% customers directly buying from company. 89-90% sales is thro' distributors...
RDSS govt project open orders close to Rs. 50 Bn
FY 23 closed with 18K Cr revenue. Previously set target was 20K Cr top line by FY 26. But this will be revised(increased) by this FY
MTARTech-A beautiful channel consolidation!MTARTech is one of the leading stock from defence sector. However, stock is underperforming and is currently in a channel consolidation.
Recent news of arms exports to Russia has triggered a rally in defence stocks like Datapatterns, BEL, BDL, etc.
Mtar is bouncing from lower end of channel and we can expect big rally in this stock too. A good stock for investment purposes as well.
Disclaimer:This is not a recommendation and this is my personal analysis and opinion about stock.
Vijaya diagnostics retest completedVijaya diagnostics posted good results. Cup & handle pattern. Fundamentally sound company.
DMARTDMART :- The stock has given a breakout after 2 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.
BEATEN DOWN STOCK FORMING BASEJubilant Foodworks has fallen from 586 and is now forming base. Company is diversifying, stock moved by more than 5% as it acquired stake in O2 Renewable. Trendline broken, double bottom breakout awaited.
Stock correction doneThe stock is ready to rally after a long correction stock can rise from here . Fundamentally stock is good
KPITTECHHonestly, All Brokerage reports downgrade time by time and buy the stocks from retails.
The stock showing its outperforms continue...
Management is very strong, incase one Quarter result is bad it's buying opportunity because company management is very strong and it make profits again and same beat estimates.
Adani Energy Solution: 300+% upmove➡️highest ever sales
➡️hope margins will improve leading to highest ever PAT
➡️continuous expansion
➡️strong hands hold approx 95%
➡️300+% upmove to previous ATH
Stylum Industries RSI retestedStylam Industries under the industry Plywood Boards/Laminates is engaged in the manufacturing of decorative laminates exports its products primarily to European and South East Asian countries.
Company has excellent fundamentals. Improved ROCE, Debtor & inventory days along with working capital.
Stock looking to breakout trendline in chart. RSI already brokeout and retested.
EXIDEINDEXIDEIND:- Stock has given breakout after 6 years, volumes are also good
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.
INDUSTOWERINDUSTOWER :- The stock has given a multiyear breakout. 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.
REPCOHOMEREPCOHOME :- The stock has given a multiyear breakout. 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.
25% Upside on Capri Global Capital Fundamental Study
1. Company having given All Time High Net Profit
2. Company is diversified Non-Banking Financial Company (NBFC)
3. Market Cap > 18k cr
4. Price to book value < 5
5. Promoter holding approx 70%
Technical Study
1. Without any news company fall more than 30%
2. Even if we wait and buy still upside of more than 25%
Entry Signal
If the stock price sustain above 224 then BUY SIGNAL
If stock price goes below 216 then setup needs to be revised
AMI ORGANICSReason To Buy : Fundamentals are good and expect a sector shift in chemical, Fii Holding increase QoQ
Note : Aggressive Buy
Allocation : 3.33%
SMCGlobal-A breakout done for multibagger returns?SMCGlobal is a small cap company which is involved in broking related activities.
As we know, share market industry has big potential, this company has big scope to grow exponentially.
Technically, stock has given ascending triangle breakout and has completed retest of same.
Risky investors should not miss this opportunity of making multibagger returns.
Stock is ready for a big bull run once 150 is crossed.
If you like my analysis, please follow me for more such interesting ideas.
