Indianstocks
JAGRAN for Swing Trading 🚀Greetings traders! 📈 Today, I'm thrilled to present an intriguing setup on JAGRAN, showcasing a positional breakout scenario complemented by volume analysis. Here's a closer look at the setup:
📈 Setup: Positional Breakout With Volume
🔍 Analysis: Extensive analysis across various timeframes confirms the breakout potential.
📊 Indicator Support: Momentum indicators are providing robust backing to the bullish momentum.
📈 Keywords: Strong volume participation, comprehensive multi-timeframe analysis, bolstered by momentum indicators.
Stay tuned as JAGRAN gears up for potential bullish momentum! Remember to conduct your own analysis and deploy effective risk management techniques.
#JAGRAN #PositionalBreakout #VolumeAnalysis #TechnicalAnalysis #TradingView #StockMarket 🚀
BFUTILITIE Breakout With Volume Setup 🚀Hey traders! 👋 Today, I'm sharing my analysis on BFUTILITIE, which is showing a breakout setup with strong volume. Here's a breakdown of the setup:
📈 Setup: Breakout With Volume
🔍 Analysis: I've conducted a thorough analysis on multiple timeframes, confirming the breakout setup.
📊 Indicator Support: Momentum indicators are showing support for the bullish momentum.
🔍 Keyword: Good volume, multiple timeframe analysis done, momentum indicator support, etc.
Keep an eye on BFUTILITIE for potential upside momentum! Remember to conduct your own analysis and manage risk accordingly.
#BFUTILITIE #BreakoutSetup #VolumeAnalysis #TechnicalAnalysis #TradingView #StockMarket 🚀
Technical Analysis and Trade Setup: SJS EnterprisesSJS Enterprises
CMP: 636
This stock has been in correction mode for some time now. On Friday, it broke out of a small range and trend line, but the breakout will be confirmed only if it closes above 655.
Once the trade becomes active, the stop loss will be set at 585. The targets will be 745, 840, 890, and 970+.
Refer to the chart provided to see the support and resistance levels, their flips, and the logic behind the trade.
Feel free to share if you found the analysis helpful.
All Time HighOn a daily TF the stock has formed a rounding bottom pattern.
It has also given a BO to ATH levels.
With a strict SL of 167, one can enter for possible levels of 250 - 270
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When new traders first enter the fascinating world of trading & investing, they run quickly to bookshelves & absorb the trading masters.
But Neophytes must move slowly & protect capital until experience finally awakens knowledge.
Only then will traders finally discover what works & what doesn't in this challenging game.
- Alan Farley
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.
SMS Pharmaceuticals: Long Opportunity After Multi-Year BreakoutAnalysis:
The provided chart of SMS Pharmaceuticals (SMS Pharma) on TradingView reveals a potentially lucrative breakout opportunity. Let's break it down:
Current Price: ₹145.45, comfortably above the multi-year resistance level of ₹136 marked by the blue line.
Breakout Confirmation: The recent surge past the resistance zone, accompanied by strong volume, suggests a potential trend reversal from resistance to support.
Uptrend Momentum: The sustained price increase after the breakout indicates continued buying pressure, hinting at further upside potential.
Trading Strategies:
Aggressive:
Enter long if the price closes and sustains above the current level (₹145.45) with persistent buying volume.
Implement a stop-loss order below the breakout level (₹130 ) to manage risk.
Potential target prices could be ₹160 and ₹175 based on chart patterns and Fibonacci extensions.
Conservative:
Wait for a potential pullback towards the breakout level (₹136) or within the previous consolidation zone (₹120-₹136).
Enter long if the price finds support at the pullback zone and exhibits bullish reversal signs (e.g., hammer candlestick pattern).
Utilize a stop-loss order below the pullback low for effective risk management
Additional Considerations:
While technical analysis is insightful, remember that the stock market remains inherently volatile.
Conduct thorough fundamental research to assess SMS Pharma's financial health, industry outlook, and future prospects before making investment decisions.
Implement prudent risk management through stop-loss orders and appropriate position sizing.
Disclaimer: This analysis is for educational purposes only and should not be considered financial advice. Please conduct your own research before making any investment decisions.
UNIONBANK - Buy opportunity in sightNSE:UNIONBANK
Union Bank of India is engaged in providing banking and financial services. The Bank offers products and services in three categories: Deposits, Loans and Advances, and Remittances and Collections.
TTM EPS: 7.28
TTM PE: 5.65
Sector PE: 20.33
Book Value Per Share: 89.52
P/B: 0.46
Face Value: 10
Mkt Cap (Rs. Cr.): 28,090
Some Positives:
Company with high TTM EPS Growth
Strong Annual EPS Growth
Effectively using Shareholders fund - Return on equity (ROE) improving since last 2 year
Efficient in managing Assets to generate Profits - ROA improving since last 2 year
Growth in Quarterly Net Profit with increasing Profit Margin (YoY)
Strong cash generating ability from core business - Improving Cash Flow from operation for last 2 years
Company with Zero Promoter Pledge
FII / FPI or Institutions increasing their shareholding
Current price is less than the intrinsic value
Over the last 5 years, revenue has grown at a yearly rate of 18.08%, vs industry avg of 7.63%
Over the last 5 years, market share increased from 5.49% to 8.72%
Some Positives:
Red Flag: High Interest Payments Compared to Earnings
Decline in Net Profit with falling Profit Margin (QoQ)
Declining Net Cash Flow : Companies not able to generate net cash
My Opinion: My opinion is clearly visible on chart. But I would recommend you to read about decreasing trend of NPA and the setup of 'bad bank' by GoI. It is a real positive for all PSU banks in future.
NOT A RECOMMENDATION. JUST FOR EDUCATION. Thanks.