Investment
long term investment; min 40% returnfundamentally strong stock
earnings also good
there is no dept for this company
min 40 % returns possible
BECTORFOOD : Will be more tasty if sustains the momentumStory started only from past 2 weeks after crossing 4 Weeks high on 22nd July.
2022-07-22: Crossing 4 week High, close is above 20 SMA on Daily and Weekly time frame- but below on Monthly time frame
2022-07-25: Cross WK Piv Upside increase in momentum
2022-07-28: Cross WK Piv Upside
2022-08-01: Crossing 4 week High
2022-08-02: On Daily time frame, SMA 30 cross SMA 100 - consider for Long. Volume is highest in 3Months.
2022-08-05: Today again volume is highest in 3 Months.
2022-08-08: Crossed trend line, Daily VWMA is crossing Weekly VWMA. ADX >38, DI+ > 35
If sustain the move after retest trend line - we should be seeing 390 / 440 levels in short time.
Its my own understanding - please spend time on own research.
long term investment; min 70% return; inverted head and shoulderinverted head and shoulder is formed in daily chart
now trading inside channal, once it breaks then starts rally
08 August is an event for this script
incase earnings is positive and candle close above 760 then go for it,
untill then wait for news
long term investment; min 70% return
huge potential is there.
investment ;
if you are intrested in investmet, go for it with small risk,
more possibility is there to breakout upside
long term investment; min 70% return; inverted head and shoulderinverted head and shoulder is formed in weekly chart
wait for event of this script
incase earnings is positive and candle close above 760 then go for it,
untill then wait for news
long term investment; min 70% return
huge potential is there.
investment ;
if you are intrested in investmet, go for it with small risk,
more possibility is there to breakout.
ABCAPITAL : Increasing momentumBased on the chart pattern and last couple of movements - we should be able to see 124 will be the next immediate target - if sustains current levels.
Few points :
2022-07-18: Crossing 4 week High, Crossing Weekly, and Monthly Pivots Upside. Close is above D-20 SMA but below WK/Month 20SMA. Close crossed D SMA-13 Upside. Normal NR7 - Breakout
2022-07-22: Volume is Monthly HIgh, Trend Changed +ve 2 days Back. Close is above Weekly 20-SMA. The monthly trend is -ve, and the Weekly trend changed to +ve today. Price Crossed Upside Monthly 50-SMA. Also Close crossed Weekly SMA-13 Upside
2022-07-26: ADX is >25 and DI+ is > 33
2022-08-01: ADX is >31 and DI+ is > 37 Close is above 20 SMA on Daily/Weekly time frames.
Please add to watchlist.
Dow Jones Can come down to 32000-31800 Dow Jones Can come down to 32000-31800
buy @ B point of Harmonic for upsite targets of 33000-33500+
INVERSE head and shoulder in HINDPETROWe can initiate a long swing trade in hpcl if it gives closing above the levels of 245 forming an inverted head and shoulder pattern.
It's a high dividend paying stock as well so one can think of adding some quantity in the portfolio. A trend reversa NSE:HINDPETRO l could happen.
MANAPPURAM A Multi Baggger ?It seems Malappuram is a multi bagger in the making which can see 400 + in the next 2 years
Analysis :
After a 5 wave impulse move completing wave 1 of the Primary in January 2010. It went in to a complex correction finally forming a FLAT structure that corrected to the 0.618 Fib level completing the wave 2 of Primary.
So now its all set for wave 3.
Confirmation of completion of correction
1. Two consecutive inverted hammer in the weekly chart and a closing about it, confirming a reversal
2. RSI in the weekly chart at the oversold levels of around 30 - same as that in March 2020.
3. The FIB level of 0.618
4. Break out from the channel of the C wave of the FLAT.
So now all set for the 3rd wave which itself should take it around 380 - 1.618 fib level of wave 1-2
Even I had earlier posted about this but that was certainly a bit early - but it chose to correct to 0.618 levels
So fasten your seat belts as 3rd waves are normally pretty steep and faster :)
This is just my view and not a trade recommendation...