Here are some evergreen stocks which are 25% yearly compounder for last 10yrs with strong fundamentals and available near strong support zone.
-: NSE:PIDILITIND - available @2370 and strong support around 2250-2300.
-: NSE:BERGEPAINT - available @685 and strong support around 650-680 less than 30 rupees risk.
-: NSE:MINDTREE - available @3785 and...
India, the second largest producer of sugar in the world, is more than self-reliant for its sugar consumption. Countries that imported the highest dollar value worth of sugar from India in 2020 are United States, Indonesia, Italy, Algeria, Bangladesh & Malaysia.
Drivers of sugar demand in India-
1. Rising population
2. Growing chocolate demand
3. Rise in...
The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock...
Divis Labs corrected corrected fairly after almost a continuous rally of about 40% in say 6 months. After making a peak at 5389, it corrected nearly 30%. Now, it seems to have consolidated well and is in good shape to resume its bull run going further.
Points working in favor:
1. Fundamentals are improving pretty good
2. Double Bottom with positive RSI...
Advenzymes has taken a dip of about 40% from its all time high of 503.70 on 19/05/2021. However, fundamentals have not fallen to the comparable intensity.
1. Positive RSI Divergence: 2 times positive RSI divergence within short period of time
2. Prices moving up after a healthy consolidation within same range for longer time
3. W Pattern is in...
AegisChem has already gone through a healthy consolidation phase, and now, trajecting in a northward journey.
1. Positive RSI Divergences:
It gave two positive RSI divergences
2. W Pattern:
It seems to be making W Pattern. It is moving towards its trough area. Once, the trough is cleared, it will move upside with further more strength
3. Price Volume...
Shemaroo corrected long way from 169.3 on 23/09 to 116.60 on 20/12. Since then, it is creating a healthy consolidation.
1. Trend Breakout: Breakout from a negative trend
2. Positive RSI divergence
3. RSI Crossover with price breaking out of negative trend
After clearing out of 131, next strong resistances are around 135-140. Then on, it has...
SMS Pharmaceuticals underwent long downtrend from 198.8 on 05/08 to 116 on 20/12. This trend seems to have gotten over with Higher High and Higher Low pattern since 20/12.
1. Higher High Lower Low on Daily basis from 20/12
2. Cup and Handle Pattern beginning from from 04/11/21
1. Positive RSI Divergence
2. RSI Cross over on daily basis
Colpal was correcting from 1823 on 26/07 down to 1393 on 20/12. After consolidating for about a month, it is showing increased interest.
Positive RSI Divergence:
Positive RSI divergence observed since 20/12
44 DMA Breakout:
Today's candle opened above 44 DMA and morning hours observed good volumes till now
It seems it created double bottom today...
Sanofi was correcting from 11/08 from 9275 and it went down to the level of 7435 on 20/12. Since then, it is consolidating in a healthy way. It now seems to be a reversal candidate and uptrend may start soon and strongly.
1. Double Bottom
- It created double bottom with second bottom above the initial
- It created double bottom with positive RSI...
After falling down snce IPO, Sigachi has corrected hugely and from last few days it is showing healthy correction.
Yesterday, it created an inverted hammer with high volumes and today it gave a following green candle with higher volume than yesterday. It is a clear buy signal from inverted hammer pattern.
Also, RSI gave a huge breakout, which indicates strong...