COROMANDELCOROMANDEL :- The stock has given a breakout with a strong candle and has also formed a 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.
Growthstocks
Tv18 Broadcast 40.65 - buying opportunity.On daily chart, we can see double top pattern which indicates bearishness in the stock.
stock is trading at it support level, further it also been seen that stock is consolidating for time.
on short term basis stock has the potential to move up and give 10 to 15% returns
i would recommend to buy with long perspective to make good profits on these stocks.
How you invest your 1 Lakh in BDL Magical StrategyBDL Investment strategy at top level with Back Test
How you Invest your 1 Lakh in BDL
1. BACK TEST
Started from 20th April 2022.
1st Entry 810 x 20
2nd Entry 710 x 20 ( buy equal quantity)
3rd Entry 610 x 80 ( buy double quantity)
Now our total investment was : 79000Rs
If more downside then invest remaining amount from 1 Lakh.
Now our average was : 660Rs
Now set your target duration from your 1st entry time.
1. 6 months .. 10 percent
2. 9 months .. 15 percent
3. 12 months ... 20 percent
Now check below results:
Profit booked on 23rd May 2022 ( 1 month )
sold at Rs 800 ( almost 20 percent profit)
If we hold for 1 year then on 20th April 2023
sell at Rs 1000( almost 50 percent profit)
2. CURRENT LEVEL ENTRY
1st Entry at 1116Rs 30/06/2023 ( You can enter at lower price also)
2nd Entry 992Rs
( Buy same quantity at this price)
3rd Entry for double at 868Rs
(Buy double quantity at this level)
Now your average will be 930R s
And now set your target according to your 1st Entry
1st Target 1023 (10 percent)
2nd Target 1070 (15 percent)
3rd Target 1116 (20 percent)
We can hold for 1 year also .. During this period for each correction we will have all our 3 entry possible and then when again nifty will at new high then we will have big profit)
Note: If you get 10 percent profit in short period then you should book profit and close this strategy .
We will see next 3,6,9 and 12 months results.
Be invested and be happy !!!
INDUSTOWERINDUSTOWER:- Stock consolidating near resistance, 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.
RAYMONDRAYMOND :- Can we see 2200 once in Raymond, keep eye on it
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.
Supriya Lifeciences Episodic Pivot TradeSupriya Lifesciences made a gap up (episodic pivot) on 8th Feb due to its blockbuster earnings, intresting part is even in the carnage of Smallcap & Midcaps the gap has been sustained continuously for 3 consecutive days, and never did it break the low of the EP candle. This shows strength in the scrip and I believe in the coming days once the market recovers, this scrip will move easily towards 400, 440 zone.
Stoploss 312
DISCLAIMER*
This analysis is only for educational purpose. I am not a SEBI Registered Analyst/Advisor. Please consult your financial advisor before taking any position and please use a Stop Loss for any Investments/Trading Positions. It is your hard earned money so give risk management your highest attention. Do take this disclaimer seriously.
JHSJHS:- Stock has given breakout after 5 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.
Vinati Orgncs: Gearing Up for big move.Vinati Organics has been consolidating for 2 years in a unique supply-demand conversion zone.
In the first year, it traded in a rectangle pattern, making higher highs. Later, it underwent a trend reversal, forming a triangular pattern with lower highs. Throughout this period, it held one support level, as its visible from chart.
Today, it made a good move and retested its resistance. If it breaks its trend line with volume tomorrow, it could be an excellent opportunity to add some positions.
The chemical sector has been going through a correction phase, but now it seems promising to invest in.
We can take a long position in this stock with a potential target of at least 20%. To manage risk, we'll set a reasonable stop loss of 15%
Buy-1960
Target- 2350
StopLoss- 1650
If your thought also aligns with this analysis do consider boosting this.
Note- Do your own Analysis before investing.
Swingtrade in CESC.Over the past 14 years, the price has been moving within a rectangular channel pattern. It goes up and then comes back down to a support level, creating a significant demand and supply zone.
Currently price trading at 25% down from its all time peek. As visible price has formed another parallel channel pattern inside the bigger pattern. It seems all set to give a breakout in daily timeframe.
If the price breaks out with high trading volume and stays above the line, it's a good signal to start trading. We can go long (buy) and aim for at least a 18% gain from our entry point.
Buy- 79
Targets- 94, 96.5
Stoploss- 74
Please note I am not SEBI registered. Do consult with your Finance adviser before investing.
#SwingTrading #technicalAnalysis
Breakout alert in CSB bank.>>Stock has been in an uptrend since last year.
>>Over one year, it has been following a special trend line.
>>Since January 2023, it has slightly changed its direction and is now forming a beautiful
symmetrical triangle pattern.
>>Today, it has reached its resistance level and appears promising to break it.
>>If it breaks the trend line, we can initiate positions with a 1:1 risk-reward ratio as explained in the chart.
>>PSU banks were in the limelight today due to their exceptionally good Q1 results.
>>CSB banks also performed well, suggesting a brighter future for this stock.
"Beautiful Breakout in ESAB India: Unlocking Potential.Welcome back again. Today we will discuss about ESAB INDIA.
>>Esab India was consolidating in rectangle channel pattern for 20 months. two weeks back it has given a breakout and retraced till its BZ.
>>Again last week it has took support from crucial pivot point and bounced back with a good healthy green candle along with good momentum.
>>Today this stock seems to continuing its bullish trend while overall market is being bearish. We can see from chart its consolidation phase was fairly long, so, we can anticipate a big run up from here.
>>Now talking about its fundamentals, ESAB India Ltd is a leading supplier of welding and cutting products in India with the market cap of 7,849cr. Take a look Some financial pointers of this stock-
*The company is debt-free.
*ROCE (Return on Capital Employed) is at an all-time high of 71%.
*Earnings show strong potential for future growth.
*The PE (Price-to-Earnings) ratio is currently at 51.
*Historically, the PE ratio has been at a higher level (66) for the past two years.
*Given the past PE levels, the current PE of 51 appears reasonable and undervalued.
*Considering these factors, it's a potential candidate for long-term investment.
If you do not have a long vision in this stock then do utilize your Risk-Reward Ratio based on Your Risk Appetite. Level of 4500 stop loss makes lot of sense in this one.
Do consider pressing the boost button🚀🚀, It helps me bring more interesting analysis. And if you've any question and suggestion please feel free to post in comment section.
Please note I am not SEBI registered. Do your own research before investing.
Significant breakout in JTL IND.Happy Friendship day to all my fellow Traders!
-> As already Explained from chart JTL INDUSTRIES has given a remarkable symmetrical tringle breakout.
-> Since 8 months It was in consolidation phase forming a beautiful tringle pattern.
-> After successful breakout it has retraced back to its breakout point multiple times and started accumulating, Then again in a last trading day it made a fairly big green engulfing candle which covered its all previous candles. That made this pattern more efficient and more convincing.
->In the latest quarterly earnings report, the stock did really well. Please have a look at its 10 years financial data.
Pros.
*PE- 32
*ROCE- 37.6 %
*Reduced debt.
*Profit grew 62.5% annually for 5 years.
*Strong 34.5% ROE over 3 years.
*Improved debtor days from 49.5 to 32.9.
*Consistent 22.6% median sales growth over 10 years.
Cons.
*Over the last 3 years Promotor holding has reduced by 15.7%.
*Company still falls under small caps that makes it a bit volatile. (But overall its growth looks promising in a long run.)
->Now this stock is ready to be traded/Invested, one can put stoploss of 370 and go further depending upon the patience level. But anyone who is convinced in its long turn growth then they can invest more when it gives a pull back.
Do consider pressing the boost button🚀🚀, It helps me bring more interesting analysis. And if you've any question and suggestion please feel free to post in comment section.
Note I am not SEBI registered. Do your own before investing.
IDFC First Bank Shines with Excellent Q1 Performance.IDFC First Q1 Result.
Impressive performance across the board! Deposits up 44% YoY, Advances up 25% YoY, Profits up 61% YoY. Net NPA down to 0.7% (Which is very good indication). ROA at 1.24% vs 0.97% YoY. QoQ net income down -731 Cr. vs 816 Cr. in Q4FY23, but excluding a one-off income of 180-200 cr. from the last quarter, results are still better on a QoQ basis.
Why to Invest in IDFC first ?
They are many reasons to invest in IDFC Bank, but trading in this company seems risky and tricky right now. However, if you are someone who believes in the narrative that for India to grow, the banking sector would have to follow the same path, then undervalued and growing banks will benefit the most. Stocks like IDFC First Bank are more likely to double their Market Cap. So, if you are a long-term and serious investor like me, this analysis will help you.
Why to Avoid Trading ?
Now, let's discuss why trading this stock is currently considerably risky. The stock is trading near 200% of its support level, following a special channel pattern known as a big-length rectangle pattern, which makes it riskier from a trading perspective.
How to Invest ?
We plan to take a longer position in this stock. As visible from the chart, the stock has tested its resistance on a weekly timeframe. As, we all know Q1 results are out, Earnings have been impressive, indicating a potential strong breakout with good volume. If that happens, we'll invest half of our money and wait for a retracement before putting in the rest. But, if the stock falls instead of breaking out, it'll be a great opportunity to invest, and in that case, we'll wait for a consolidation.
Note- I am not a SEBI registered, Please consult to your Advisor before investing.
Why am I buying Angel One ?Company overview.
Angel One Ltd is a Diversified Financial Services Company with market share of 21.5%(As per previous year data). Company Offers wide range of services like Broking, Research, Advisory, Loans, and More.
Fundamentals of the company.
>>Positive Points about the Company:
*Reduced Debt.
*Consistent Profit Growth of 52.2% CAGR in the Last 5 Years.
*Good Track Record of Return on Equity (ROE): 44.1% over 3 Years.
*Healthy Dividend Payout: 36.2%.
*Improved Debtor Days from 66.7 to 45.6 days.
>>Negative points about the company.
*Promoter holding has reduced.
*High competition.
*Charges and taxes are regulated by the Government.
Future prospect
Future of Angel One seems very bright as this year it has already Launched Super App - All-in-One Solution for Investing, Trading, Mutual Funds, Insurance, and Loans. Uses AI and ML for Personalized Experience. More recently it was able to Double Monthly SIP Registrations Organically. Made Partnerships with Fintech Players for Expanded Offerings.
Technical Analysis.
Company get listed in 2020 and since July 2021 stock was consolidating in a sideways movement. Last week price has shown a good weekly closing and restates its Resistance level.
Now we can follow two investing strategies:
1. If the price goes above that level, we can make some position.
2. If the price falls down from that level, that would be a great time to aggregate.
*Instead of putting all money at one go, start with a partial investment, monitor stock performance, then decide on further steps.
#AngelOne #NSE #Investing
ABFRLABFRL:- Wait for breakout, if resistance gives breakout and sustains then we can 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.
ERISERIS:- Rounding bottom pattern is formed, give it a breakout and plan something only after
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.
SUNCLAYLTDSUNCLAYLTD:- If the stock sustains by giving a breakout of 4255 levels, we may see upside movement. 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.
NIITLTDNIITLTD:- The stock is about to give a breakout, as the stock is consolidating since last few days in a small range, if it breaks the range, upside movement can be seen.
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.
INGERRANDINGERRAND:- Cup and handle pattern has formed, wait for 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.
APTECHTAPTECHT:- Head and shoulder pattern is formed on weekly chart, breakout candle is also strong, wait for retesting, if you want to plan something, take care of all time high 449.75, 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.
GLSGLS:- Looking at the chart of the stock, there is a way of showing a double bottom pattern, plan something only after the breakout, till then keep your 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.
Hariom Pipe Industries LimitedHARIOMPIPE:- The stock has given a breakout by forming an ascending triangle pattern, a good stock for short term, 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.