Alembic Pharma Cmp 881 Head & Shoulder BO (Weekly)Alembic Pharma Cmp 881 dated 13-1-2024
Weekly Chart (Investment idea)
1.Head & Shoulder BO @ 831 (done)
2. Good Volumes
3. Almost Debt free Company
Buy above 886 for tgt of 950-1000-1040-1095-1140-1190 SL 790
It is just a view, please trade at your own risk.
Head and Shoulders
Paras Defence making inverted Head & Shoulder patternAs you can see from the chart provided, an inverted H/S pattern is currntly emerging on this share, as soon as it breaks the necklin(i.e. - 800-805 level) it will start a journy towards it,s all time High.
A good point for
entry - 805
Target - ALL time high (1250) or 1:3 RR (1180).
SL - 680 ( just below support @Daily TF)
N.B. - This is for education & informational only, Do your own research before investing.
Check The Speed of Hero Motocorp || Grab before it's too late.Hello Dear, Traders & Investors. I hope you all are doing good in trading and in your life as well. Well i have brought once again an analysis on a stock with all my knowledge and power.
Today Auto Sector was in limelight whole day, Nifty Auto gain intraday 1.46% today and made all time high at 15304.20 levels. Overall Auto Sector has done well in last one year. Nifty Auto has climbed 31.18% in last one year.
Now come to our Analysis on Hero Motocorp . This is a Multi Year Analysis. Well i have Marked all the best levels like Entry, Target and Stop loss on chart.
We have seen an Inverted Head & Shoulder pattern breakout in Hero Motocorp and after retesting it's neckline, Hero Motocorp has became Rocket in today's session and gain intraday 4.24% till days closing, and made 52 weeks high as well at 3172 . Well it has given a breakout in today's session at all near term resistance as well. This is also the best levels to go long from here for upside. But safe trader i think they should wait for falling resistance trendline breakout as well. For investor these are the best levels also to go long.
For safe Trader:-
Buy above- 3266
Targets- 3631/4090
Stop loss- 3090
Fundamental Analysis For long Term Investors:-
Market Cap
₹ 63,113 Cr.
Current Price
₹ 3,158
High / Low
₹ 3,172 / 2,246
Stock P/E
22.5
Book Value
₹ 833
Dividend Yield
3.17 %
ROCE
23.6 %
ROE
17.2 %
Face Value
₹ 2.00
Debt
₹ 568 Cr.
EPS
₹ 141
PEG Ratio
-4.73
Promoter holding
34.8 %
Intrinsic Value
₹ 1,743
Pledged percentage
0.00 %
EVEBITDA
13.6
PROS
Company is almost debt free.
Stock is providing a good dividend yield of 3.17%.
Company has been maintaining a healthy dividend payout of 75.0%
CONS
The company has delivered a poor sales growth of 1.03% over past five years.
Well, That's it, i have done my analysis now. I think these are the best levels to go long for long term investment. This is a good dividend paying stock with healthy payout ratio.
Note:- Always trade with stop loss, because it will save you from unexpected losses if market went opposite to your Analysis.
Disclaimer:- I Might be wrong in this analysis, so please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Please like, follow and comment your thoughts on my idea.
Thankyou.
Regards
Rahul Pal
IRCTC: 3 Patterns: Flag Breakout, Cup & handle and Falling trendIRCTC is showing 3 patters - 1) Flag pattern breakout 2) Cup & Handle and 3) falling wedge breakout. We can expect a target of 914. The beauty is the flag pattern and cup and handle are showing same target. The falling trendline has been broken and we can expect the price to move up. Other parameters:
1. MACD positive
2. RSI positive
"Clean Charts, Easy Charts"
Learning & Earning!!
Cheers!!
SARLAPOLY : Breakout Stock#breakoutstock #SARLAPOLY #patterntrading #inverseheadandshoulder
SARLAPOLY : Weekly (1-3 Months)
>> Breakout Stock
>> Trending Setup
>> Inverse H&S pattern
>> Good Strength & Volume buildup
>> Low Risk, High Reward
Swing Traders can lock 10% profit & keep trailing
Please give a Boost or comment if u r Liking the analysis & Learning from it. Keep showing ur Love by following
Round bottom breakout - ORIENTPAPERPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1%-2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Please note that, if there are some big targets, those are drawn thinking for long term.
JKPAPER -inverted head and shoulder pattern breakoutJKPAPER -formed an inverted head and shoulder pattern on the weekly time frame and broke out the right shoulder with a huge volume potential positional trading opportunity.
DISCLAIMER: All ideas, opinions, and/or forecasts, expressed or implied herein, are for informational (educational) purposes only and should not be considered as a recommendation to invest, trade, and/or speculate in the markets. I am not an investment advisor.
NIFTYBANK: "Red Pill Dispenser" - House of Cards!It is easy to ink a story, then endure as an actor (be it trader or investor).
Red pill dispenser, a case of choice between remaining in a state of blissful ignorance (blue) or accepting a painful reality (red).
Hopes don't build a home, when trust is at stake. The darling of the banking, which "Excel"led quite a century plus, remains the hurt burn of the market. More so when it carries the weight of the market. There are no winners, all those who ought to carry the bag will undergo the pain. The weak leave or the smartest leave early. The hope of long-term story remains a mystic oversell to the investors. Passive is a fad, active is in!
Even to write, just buy, one has to gather courage is the extent of the deep cuts that one has seen, thankfully, the readers and followers have no such issues. The continuation of HnS turns out to be a reversal and meets its first target in a day. The maximum it can reach is 44500.
Does this remain as one off, or will it turn into much bigger and questionable moves one, remains to be seen. Lot at stake as of now. Ideally a dead cat bounce is what one ventures the thought. Markets are supreme.
45700 is one decent support, ideally that should remain as short-term zone of demand, while 46600 remains as the zone of supply. Bulls need quick move past 47200 if they have to make any come back, that looks fairly unlikely.
Near term zone 45500-46500, shocking dive can hold around the 44600-44800 area.
INTLCONV : Inverse Head & Shoulder pattern#INTLCONV #patterntrading #breakout #swingtrading #momentumtrading #stocksinfocus #stockstotrade #stockstobuy #stockstobuy
INTLCONV : (1-3 Months)
>> Breakout Candidate
>> Inverse H&S Pattern
>> Low Risk High Reward Trade
>> Good Strength & Volumes
>> Techno-Funda Stock
Swing Traders can lock 10% profit & keep trailing
Please give a Boost or comment if u r Liking the analysis & Learning from it. Keep showing ur Love by following
Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.