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Head and Shoulders

Investment_ Coal IndiaTrading and investing are completely different in nature. In trading, we don't care about the prices whether it's fair or not. We buy high and sell even higher. But in investing, we should only buy a stock near its intrinsic value. No matter if everyone is making money except us. But, price which is justified by fundamentals are sustainable and proved sustainable historically. "Intrinsic value is upgraded or declined based on fundamental changes. I amend my intrinsic value every year based on the growth of the company." So here I am with a stock named Coal India. According to Sir Benjamin Graham's method of calculating Intrinsic Value, it is worth around ₹249 a share. A shareholder mainly makes profit from different two ways, 1. Appreciation in the share price and 2. Dividend paid by the company. This stock is offering "9.13%" dividend yield. It means that you're getting approximately 9.13% return every year as a dividend payment (which is obviously better return than current FD rates). And I think the share price will also appreciate in the upcoming months. Why? Let's analyze what we see in charts. It had formed "Inverted Head and Shoulders Pattern" (a bullish reversal chart pattern) on weekly charts during the month of Feb. It looked like it breakout of neckline on 22 Feb weekly candle. But it proved fake breakout and reversed backed to consolidation. Now I think the neck-line is already weak. I am expecting a huge breakout in upcoming months which can take stock to Rs 200 levels or even higher. Well, this will not happen overnight, it will take months to years as well. But I think staying invested in this stock is not a bad deal as long as it has very good dividend yield. Some questions answered: Q: At what price should I buy? A: Well, this stock looks hugely undervalued and I suggest to start accumulating shares NOW. Q: Well, if it is good undervalued fundamentally strong company, why the prices doesn't move up? A: Like most of the public sector companies, it pay most of the profit in form of dividend. Therefore, on ex-dividend date, the prices get already discounted to dividend paid by the company. And investors are happy with the dividends paid by the company which restricts them to bet for higher prices (like what we are seeing in the Metal sector now). Q: Should I buy shares tomorrow, at on go? A: Nope. Divide your capital in at least 3 lots. You buy first lot tomorrow, second lot after 2-3 week (as you like) and third lot AFTER BREAKOUT. Disclaimer: The views expressed in this article is of my own, you're solely responsible for any decision taken in the markets. The analysis I've shared is just for informational and educational purposes only.
NSE:COALINDIALong
by UnknownUnicorn7637383
4
Bullish Inverted H&S Pattern BO in Bharat WiresIntroduction: Bharat Wire Ropes Ltd. engages in the manufacture and sale of steel wire ropes, wire strands, and wire rope slings. Its products include different types of ropes including general purpose ropes, fishing, crane, structural, elevator, mining, oil and gas, and shipping ropes. It also offers mechanically spliced and hand spliced slings, earth wires, stay wires, and spiral strands. The company was founded in 1986 and is headquartered in Mumbai, India. Analysis A Bullish Inverted Head and Shoulder pattern is visible on the Daily chart of NSE:BHARATWIRE NSE:IWEL with huge volume. MACD gave Positive crossover on Daily, Weekly and Monthlychart. So, expecting the momentum to continue. One can create a fresh position in the scrip near Rs. 290-300 levels with the stoploss of Rs. 280.05 on Daily closing basis for the following targets 305.15, 312.25, 321.05, 329.15, 335.60, 342.05, 348.95 and 354.90. Risk Disclaimer: The trading ideas and analyses presented here are for educational purposes only and do not constitute financial advice. Trading and investing in financial markets involve risk. You should carefully consider your own financial situation, risk tolerance, and investment objectives before making any investment decisions. The information provided in this analysis is based on my personal interpretation of market conditions and the available data at the time of writing. It is subject to change without notice, and I cannot guarantee the accuracy, completeness, or timeliness of the information provided. Trading and investing carry the risk of substantial losses, and past performance is not indicative of future results. Always be aware that markets can be unpredictable, and prices may move against your trade or investment. It is advisable to seek advice from a qualified financial professional and to conduct your own research before making any investment decisions. You should only invest funds that you can afford to lose. I am not responsible for any trades or investments made based on the information presented in this analysis. By reading and using this information, you acknowledge and accept that you are solely responsible for any losses you may incur.
NSE:BHARATWIRELong
by raigvivek
CUB: 3 years of accumulation with 3 times HEAD AND SHOULDER Points to consider: Only for long term. 1. 3.5 years of accumulation period, 2. 3 times head and shoulder pattern with 2 times breakout failure, 3. means this is a to 3rd time breakout in future, 3. highest volume in previous month, 4. 25% of Compounded Profit Growth, 5. PEG ratio 1.21 Thanks for Day Trader Telugu and other masters. Note: I am not a SEBI registered Adviser, please do your own analysis or consult financial advisor for taking entry, stop loss or target.
NSE:CUBLong
by SudhakaraRatnaGupta
Ashok Leyland : Swing Trade#ashokley #patterntrading #Breakoutstock #inverseheadandshoulder #swingtrade Ashok Leyland : Swing Trade >> Breakout Candidate >> Inverse H&S Pattern Visible >> Good Strength & Volumes Picking up >> Low Risk High Reward Trade Swing Traders can lock 10% profit & keep trailing Please Like or comment if u r Liking the analysis & Learning from it. Keep showing ur Love Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
NSE:ASHOKLEYLong
by moneyfesttrading
Amara Raja Energy & Mobility (ARE_M) : Swing Trade#ARE_M #patterntrading #breakouttrading #momentumstock #swingtrade Amara Raja Energy & Mobility : Swing Trade >> Inverse H&S pattern Visible >> Good Strength & Volumes picking up >> Momentum stock : U may see sudden spurts of Volume >>Risky Trade, Book Profits timely Swing Traders can lock 10% profit & keep trailing Please Like or comment if u r Liking the analysis & Learning from it. Keep showing ur Love Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
NSE:ARE&MLong
by moneyfesttrading