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Invertedheadandshoulders

GUJARATPOLY Analysis(H&S Pattern)! BSE:GUJARATPOLY Analysis! Inverted Head and Shoulders Pattern Formation in GUJARATPOLY on Daily Timeframe! Inverted Head and Shoulders Pattern Breakout in GUJARATPOLY! Trend Reversal in GUJARATPOLY! GUJARATPOLY has made INVERTED HEAD AND SHOULDERS PATTERN on a daily timeframe. We can see the price was moving in Falling Parallel Channel . Price has given breakout to the channel on 11 May but it hasn't sustained so we can considered it as a Fakeout . Again prive has given breakout to the channel on 29 May and it has sustained. Also given breakout to the Neackline but we have experienced a selling pressure around it's necklevel. Entry = Aggressive investors can buy at current levels, Conservative investors can wait for small retest. Stop Loss = Below 37.40 Targets = 1) 49.70 2) 56.99 3) 65.01 Disclaimer = All my analysis are for Educational Purpose only. Before entering into any trade - 1) Educate Yourself 2) Do your own research and analysis 3) Define your Risk to Reward ratio 4) Don't trade with full capital
BSE:GUJARATPOLYLong
by Avinash9087
4
An Apt Breakout in APTECHTCompany has reduced debt. Company is almost debt free. Company is expected to give good quarter. Company has delivered good profit growth of 20.7% CAGR over last 5 years Company has been maintaining a healthy dividend payout of 83.5% Debtor days have improved from 158 to 118 days. Company's working capital requirements have reduced from 153 days to 80.5 days Aptech Ltd. is a pioneer in the non-formal education and training business in the country with a significant global presence. It was established in 1986 and has 800 centers. It has a presence in diverse sectors ranging from IT training, media & entertainment, retail & aviation, beauty & wellness, banking & finance, and pre-school segment amongst others. It has successfully trained students, professionals, universities & corporates through its two main streams of business - Individual Training and Enterprise Business Group .
NSE:APTECHTLong
by CannySunny
4
Nifty Analysis: May2023Let’s quickly start this analysis from June 22 lows. Weekly Chart There is a clear A-B-C type corrective pattern which tested into previous highs of Oct 2021. I was expecting some support build up near 18000 levels (for the trend to resume on the upside) in Dec 2022 but that did not happen, and the market just drifted lower and lower to previous support area around B. Currently it is again bouncing hard towards the prior swing high A. From this structure it seems market is in a mood to trap more buyers on the upside before losing strength for new lows below B (continuing a potential H&S). But is that really true? Let’s get down to the daily time frame (left chart) and find out. Daily Chart We can see a corrective LH-LL structure which is still intact as per my understanding. I won’t consider Feb 2023 lows as a lower low (because of poor thrust below Jan 2023 lows). This is why the Feb swing high (18135 or so) would remain a LH in the trend channel. Also visible in the chart is a sharp rally from Mar 2023 lows, an Inverted Head & Shoulder pattern and a break of its neckline above 17800 zone, good omen for the buyers. But remember that lower high is still intact. Looking at the price behavior of this rally, it is totally agreeable that there is a potential for shift in structure (for uptrend) with a close above 18135 this week. Now the question is that whether the higher timeframe weakness with an ABC corrective and a potential Head & Shoulder pattern would prevail over the strength on the lower timeframe chart? The answer is that its difficult to predict with 100% accuracy. But one thing that can be done confidently is to manage your trades properly. For short-term trading I would say that booking some profit (if bought near the lows) is definitely an option. Reaction from previous resistance areas is a time-tested behavior, so one can always trail and lock profits in case of doubt. For this trend to continue on the upside, any test of 17800 has to hold. A failure of this level may put this trend in jeopardy. Similar lines can be seen in Oct2021 to June2022 correction. So the conclusion is to book a little if you want and lock the rest with trail below 17800. Any new buying at this point would remain a question mark. Thanks for reading. Do hit the boost button for more ideas in future. Disclaimer: All the views above are personal only and not an investment or trading advice. So you will have to apply your due diligence.
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NSE:NIFTY
by Bravetotrade
20
GMM Pfaudler LtdMarket Cap 8,746 Cr. Promoter holding 56.1 % Pledged percentage 4.38 % Dividend Yield 0.21 % Debt to equity 1.34 Stock P/E 55.6 Industry PE 22 ROCE 14.3 % ROE 16.1 % OPM 13 % Free Cash Flow 108 Cr. EPS (YoY) 35.5 vs 19.4 vs 16.7 GMM Pfaudler manufactures corrosion resistant glass-lined equipment's. It is a leading supplier of process equipment's to the pharmaceutical and chemical industries GMM Pfaudler (GMM) is the market leader of glass lined equipment's in India with over 50% market share. It faces intense competition in the small vessel segment from other domestic players. However, the group has a near monopoly in large vessel (with capacities over 16,000 litre) segment. For FY22, Revenue from Technologies accounted for 58% Systems(27%) Services(15%) Exports accounted for 72% of the revenue, while domestic accounted for 28% Pfaudler S.r.l., Italy has completed the acquisition of Hydro Air Research Italia S.r.l. on August 3, 2022.
NSE:GMMPFAUDLRLong
by CannySunny