Investment
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...
Just a Blind Buy on Dip NMDC at 99.8NSE:NMDC is available in two digits. Must consider for investment in this gem. I wont provide any Target or Stop-loss because an investor perfectly knows how to initiate positions in current levels. Add on if further lows formed.
High Dividend Yield
Improving profit margins
Emerging demand from real estate
The idea provided is for educational purpose only.
Inverted Head & Shoulder PatternInverted head and shoulder act as a bottom reversal , also price trading above 200 SMA that's positive sign for price .
When price break the neck line and closing above it then pattern complete .
#HSCL - INVESTMENT PICKABOUT
Himadri Speciality Chemical is primarily engaged in the manufacturing of carbon materials and chemicals. It is the No.1 coal pitch manufacturer in India and is the only company to manufacture advanced carbon material in India. It is also the largest player in Naphthalene and SNF in India.
KEY POINTS
Product Portfolio
It manufactures a wide range of carbon materials and chemicals. Its products include coal tar pitch, carbon black, specialty carbon black (SCB) Naphthalene, Advanced carbon material, SNF (Sulphonated Naphthalene Formaldehyde), and specialty oils. It has transformed its portfolio from low-value products to high-valued products over the years for higher margins.
Manufacturing Capabilities
Capacity :-
Coal Tar Distillation - 5,00,000 MTPA
Carbon Black - 120,000 MTPA
Specialty Carbon Black - 60,000 MTPA
SNF - 68,000 MTPA
The company owns 8 manufacturing facilities in India out of which 4 are located in West Bengal. It also owns a manufacturing unit in China. It recently started manufacturing specialty carbon black after expansion in FY20. It also planning an advanced carbon project of 20,000 MTPA at a project cost of ~300 crores.
Its coal tar distillation plant in West Bengal is the largest in India with a capacity of 500,000 MTPA (metric tonnes) that produces various grades of coal pitch and also produces naphthalene for further processing of SNF.
Sales Volume
The company recorded a sales volume of ~320,000 MTPA of carbon materials and chemicals in FY20.
Geographical Revenue Breakup
Presently, the company earns ~92% of its revenues from sales within India and the rest 8% from sales outside India.
Industrial Exposure
The company is exposed to various industries namely steel, aluminum, automotive, plastics, rubber, and infrastructure development.
Clientele Base
Its client base includes Vedanta, Hindalco, Balco, Nalco, Alcoa, graphite India, MRF, apollo tyres, CEAT, Goodyear, Pidilite, Fosroc, BASF, and others.
PERSONALLY EXPECTING 300__500% ROI NSE:HSCL
#TPLPLASTEH - INVESTMENT PICKABOUT
TPL Plastech Ltd is engaged in the business of manufacturing polymer-based industrial packaging products like Drums and Jerry cans. It caters to customers in industries like Chemicals, Petrochemicals, Specialty Chemicals, Plasticizers, pharmaceuticals, FMCG, Food Products, etc.
KEY POINTS
Product Portfolio
Narrow Mouth Drums: Used for storing liquid chemicals and lube oils with capacities ranging between 210-250 liter
Narrow Mouth & Wide Mouth Carboys: Used in Specialty Chemical and Adhesives industry for storing semi-liquid powder and paste type products with capacities ranging between 25-120 liter
Open Top Drums: Used in Dyestuff, Food, Pharma industry for storing packing powder, paste type, semi-liquid and solid products in capacities ranging between 35-235 liter
Customer Profile
The company caters to 250+ customers in various industries like Chemicals, Petrochemicals, Specialty Chemicals, pharmaceuticals, FMCG, etc. Some notable customers include Gulf, Godrej Industries, Aarti Industries, Dabur, Valiant Organics, Jubilant Lifesciences, Amul, KLJ Group, etc.
Manufacturing Facilities
The company has a capacity of 28,000 MTPA across 6 manufacturing facilities in India. The manufacturing facilities are located in Ratlam, Vizag, Silvassa, Bhuj, Uttarakhand, and Jammu. Production in Bhuj, Ratlam, and Vizag facilities was started in 2020.
CapEx
The Co. is setting up a new manufacturing unit in Silvassa for manufacturing small packaging products with capacities ranging between 50 ml to 10 liters as Value Added Products to serve the existing customers in the segment of Pharma, FMCG, Food, etc. The Phase-1 investment of the project was 8 crores and the project was commercialized in Oct 2021.
During FY21, Co. has also incurred a CapEx of Rs. 3.8 Cr towards automation & de-bottlenecking at existing plants
Promoter
The company is promoted by Time Technoplast Ltd which is involved in the manufacturing of technology and innovation-driven polymer & composite products. It holds a 75% stake in TPL Plastech.
PERSONALLY EXPECTING 300__500% ROI NSE:TPLPLASTEH
WESTLIFE : On the Wall to crossover After Months of consolidation -- WESTLIFE is about to crossover the trend line.
Add to watch list and track it.
Daily Trend changed to +ve and also Weekly Trend changed to +ve
Currently Crossed 4-week High
Close crossed Weekly 13 level and Delivery Percentage is above 50% on 20 days average.
For the past 3 days Delivery % is above 75%.
KOTAK BANK Not a trading call but all banks at very crucial levels.
Kotak bank at very strong demand zone need to watch out how will this work this time.
Near resistance at 1700 if it starts trading above 1700 will be a good sign.
If goes down below 1640 possibility to go down further. Next support level 1500.
HDFC BANK already showed weak signal Near resistance 1350.
Support at 1300-1320 if slides down 1240 -1100 will be next support zone.
Other banks also showing some weakness Bank of baroda/ bandhan bank etc.
Bank-nifty near-term resistance near 33500 and support at 32300.
If breaks can slide down to 30000-29000.
This is a view for positional or buying opportunities.
Have patience and watch carefully.
Not a recommendation. (Bounce back can be temporary need some solid triggers to pull market up again)
@Tredingview @forextidings @Shorting @vivek_mashrani @Equities @posiotonal #positional #invest