JUST DIAL - Huge Potential | Multibagger PickPrice Analysis & Overview:
1. Reversal Started
2. Earnings are strong.
3. Weekly Time Trendline break and retest.
4. Moving with demand
5. Trying to break 2 years of resistance level.
Monthly Tf view:
Trade Plan:
Entry = CMP will be aggressive (SL will be big) / best entry will be around 900 - SL will be small and RRR will be favourable.
Long-Term View - Multibagger Pick
- Stay tuned for further insights, updates and trade safely!
- These are my personal views.
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
Indianstocks
PARAS DEFENCE - Classic BO (Case Study) | Super BullishPrice Analysis & overview:
1. The overall defence sector is super bullish and the stock has started outperforming.
2. The strength of the BO candle shows big money is buying it.
3. Retest of the ATH BO level would be the best entry for a long position.
4. We rarely find these types of classic textbook type of picture-perfect breakouts!
5. We should remember that we should not generalise these types of clean breakouts.
- Stay tuned for further insights, updates and trade safely!
- These are my personal views.
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
GUJARAT FLUOROCHEM - Lacking Price Strength!Price Analysis & Overview:
1. Price is clearly showing lack of strength and direction.
2. Trading within range.
3. The demand zone is tested multiple times, chances are high it break on the downside.
4. Earnings growth is pathetic.
5. Stay Away from the stock till it shows strength.
- Stay tuned for further insights, updates and trade safely!
- These are my personal views.
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
GMR INFRA - ATH Breakout | Bullish Outlook?Price Analysis & Overview:
1. Good volume on BO candle.
2. Breakout candle rejection from top is a sign of selling pressure.
3. RRR is not the best!
4. Earnings growth are okay.
Trade Plan:
- I would avoid entry at CMP looking at the overall picture.
- But a risky bet can be taken at cmp with 10% Sl and 20% target.
- Stay tuned for further insights, updates and trade safely!
- These are my personal views.
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
Long Position in Ramco CementLooking at the chart in the higher time frames you can see a clear tap in to the M timeframe OB.
A strong displacement to the upside creating a OB in the W timeframe - unmitigated.
Gap at the top acting as a magnet for price to move into.
Very clean CoCH and BOS giving confirmation of the move up into higher levels.
A great entry be entry in the GOLDEN level of price retracement - 60% fibs
Levels are in confluence with the W +OB.
Expect price to tap into the W +OB and move higher to the magnets (GAP liquidity, trendline short liquidity)
WAREE RENEWABLE - 700% ROI in 2024!! Price Analysis & Overview:
1. Current structure is bearish - made double top - lower high.
2. The stock is pumped too aggressively.
3. NO NEW ENTRIES AT CMP! RRR is unfavourable.
4. Only above 2510 the prices structure should turn bullish.
- Stay tuned for further insights, updates and trade safely!
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
TATA ELXI - Eyeing for 50% upside1. As per the price formation expecting a W type formation.
2. Has the potential to reach to ATH from here.
3. RRR is favourable.
Trade Plan:
1. ENTRY = CMP
2. SL= 10%
3. TP = As marked in the chart.
- Stay tuned for further insights, updates and trade safely!
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
FACT - Breakout or Fakeout?Price Observation & Overview:
1. Very poor earnings!
2. Good volume on the current week BO candle.
3. It is testing the ATH for the 1st time, hence there might be chances of fakeout as well.
4. I will avoid any position into this stock as of now.
- Stay tuned for further insights, updates and trade safely!
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
ACC - Breakout loading?Price Observation & overview:
1. W stricture formed, overall bullish.
2. Good volume breakout will be needed to ensure buying strength to continue else will avoid any entry.
3. As of now no entry, I will keep it in radar and set an alert for breakout.
- Stay tuned for further insights, updates and trade safely!
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
CRAFTSMAN AUTOMATION - Price Reversal - 50% upside?Overview & Observation:
1. HH-HL formation implies bullish structure.
2. Perfect volume spike.
3. Strong candle formation and breakout of the channel.
4. Earnings are stable.
5. RSI above 75 means we can expect some consolidation or minor pullback before the next big move.
Trade Plan:
- Entry Point: 1st aggressive entry can be planned at CMP
- Stop Loss: 10%
- Target: 15-50% (ATH high resistance break is expected minimum...)
- Stay tuned for further insights, updates and trade safely!
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
SWING IDEA - RAIN INDUSTRIESRain Industries has emerged as an intriguing prospect, presenting a compelling case for a potential upswing.
Reasons are listed below :
Rain Industries has established a sturdy support base at the 145 level, providing a solid foundation for potential upward movement.
The weekly timeframe reveals a bullish engulfing candle, signaling a potential shift in sentiment and setting the stage for a positive trend reversal.
A bullish marubozu candle on the daily chart further strengthens the bullish case, indicating strong buying interest and potential momentum in the short term.
The stock is bouncing back from the golden Fibonacci zone, adding a technical aspect to the trade setup and reinforcing the probability of a favorable price movement.
The uptick in trading volumes is a positive indicator, suggesting growing market interest and participation in Rain Industries.
Despite highs shifting down, the absence of new lows is a noteworthy observation, hinting at a potential reversal and the resilience of the stock in the face of downward pressure.
Target - 184 // 206 // 253
StopLoss - weekly close below 145
ASHOKLEYLAND - Example of history repeats!Overview & Observation:
1. Beautiful clean breakouts.
2. Broke multiyear resistance level.
3. Earnings are strong.
4. Expecting a minor consolidation and further upmove
Trade Plan:
1. Keep it on radar, and track it closely.
- Stay tuned for further insights, updates and trade safely!
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
ELECTROSTEEL CAST - W formation! Overview & Observation:
1. Beautiful Double bottom formation.
2. Prices are showing weakness currently.
3. Might see some strength build up later once it starts moving ATH (200 levels)
Trade Plan:
1. Just keeping it on my radar and will observe its price behaviour in coming weeks...
- Stay tuned for further insights, updates and trade safely!
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
MARICO - Breakout & Retest Setup!Overview & Observation:
1. 70% Fib support zone.
2. Good volume support
3. Breakout & Retest done.
Trade Plan:
1. Eyeing 20% upside with 10% SL
2. RRR is okay, not great!
- Stay tuned for further insights, updates and trade safely!
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray