Black Friday saleUp to 70% OFF

Investing

Solid Breakout in Tech Mahindra after a long Accumulation PhaseHello Traders and Investors, i hope you all will be doing good. I have brought an analysis on Tech Mahindra, i hope it will be beneficial to you guy's, So let's start:- As we have seen a Neat and Clean solid Breakout of Tech Mahindra stock after a long Accumulation Phase. Do you guy's know What is an Accumulation Phase? Okay i will write what i know about it. Notable Characteristics of Accumulation Phase:- It shows that strength is building into security. The security starts trading in a well defined range, moving between the upper and the lower band of the consolidation. Market participants start becoming bullish on security in the accumulation phase. The Price starts moving in a range indicating that the price of the security is bottoming out. This phase indicates that a fight is happening between buyers and sellers and eventually, buyers take over sellers towards the end of this phase. So guy's i think this (Accumulation Phase) is clear now. So, Guy's same thing we have seen in Tech Mahindra stock also, earlier trend was Downtrend then Accumulation Phase, now as we have seen a breakout in it. So we can assume that now the trend will shift in uptrend. I have marked everything on chart like, Entry point, Targets and Stop loss. Please check chart for the levels. Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's. Thankyou.
NSE:TECHMLong
by TraderRahulPal
OAL | Buy Today, Sell Tomorrow | 22-Jul-23📊 ABOUT OAL is one of the largest manufacturers of specialty based aroma chemicals, and camphor, with product range including Synthetic Camphor, Terpineols, Pine Oils, Astromusk & other specialty aroma chemicals which is used in various industries like Cosmetics, Soaps, Pharmaceuticals etc. Disclaimer: This analysis Is intended solely For educational purposes And does Not imply that I am a SEBI registered analyst. If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you. 🔍 Explore Further Analysis & Trade Setups 🔍 For additional technical analysis and trade setups, I invite you to follow me on TradingView: www.tradingview.com
NSE:OALLong
by Munish_Jain
Why am I buying Angel One ?Company overview. Angel One Ltd is a Diversified Financial Services Company with market share of 21.5%(As per previous year data). Company Offers wide range of services like Broking, Research, Advisory, Loans, and More. Fundamentals of the company. >>Positive Points about the Company: *Reduced Debt. *Consistent Profit Growth of 52.2% CAGR in the Last 5 Years. *Good Track Record of Return on Equity (ROE): 44.1% over 3 Years. *Healthy Dividend Payout: 36.2%. *Improved Debtor Days from 66.7 to 45.6 days. >>Negative points about the company. *Promoter holding has reduced. *High competition. *Charges and taxes are regulated by the Government. Future prospect Future of Angel One seems very bright as this year it has already Launched Super App - All-in-One Solution for Investing, Trading, Mutual Funds, Insurance, and Loans. Uses AI and ML for Personalized Experience. More recently it was able to Double Monthly SIP Registrations Organically. Made Partnerships with Fintech Players for Expanded Offerings. Technical Analysis. Company get listed in 2020 and since July 2021 stock was consolidating in a sideways movement. Last week price has shown a good weekly closing and restates its Resistance level. Now we can follow two investing strategies: 1. If the price goes above that level, we can make some position. 2. If the price falls down from that level, that would be a great time to aggregate. *Instead of putting all money at one go, start with a partial investment, monitor stock performance, then decide on further steps. #AngelOne #NSE #Investing
NSE:ANGELONELong
by BullishLine
PIIND | Swing Trade📊 Details PI Industries Ltd is a leading player in the agro-chemicals space having strong presence in both Domestic and Export markets. It has state-of-art facilities in Gujarat having integrated process development teams with in-house engineering capabilities. Disclaimer: This analysis is solely for educational purposes and does not make me a SEBI registered analyst. If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you. 🔍 More Analysis & Trade Setups 🔍 For more technical analysis and trade setups, make sure to follow me on TradingView: www.tradingview.com
NSE:PIINDLong
by Munish_Jain
2