Investment
Ujjivan Small Finance bank good to study NSE:UJJIVANSFB
Its on Near to support of FIB ZONE
Good to keep on the radar
Always respect SL & position sizing
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Trade Secrets By Pratik
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Disclaimer
NOT SEBI REGISTERED
This is our personal view and this analysis
is only for educational purposes
Please consult your advisor before
investing or trading
You are solely responsible for any decisions
you take on basis of our research.
Rico Auto-A multi year monthly breakout!DO NOT MISS THIS BREAKOUT!
A clean volume breakout with retest done in daily TF.
Stock will fly from here.
A small consolidation can be expected which is best time to accumulate this stock
We might not see this stock at this price in coming few years again.
A good fundamental auto ancillary stock
#BudgetUnion Kothari Sugars And Chemicals Ltd. MULTIBAGGER StockThis Company should be next Multibagger Stock in 2024-2025. This stocks has potential to gave a unpredictable growth. This Company is engaged in manufacturing of Sugar, Alcohol and Power.
It also caters to the demand of both domestic and International markets. And the most important thing is that it manufactures ETHANOL.
The company has shown a good profit growth of 29.25% for the Past 3 years.
The company has shown a good revenue growth of 20.02% for the Past 3 years.
The company has significantly decreased its debt by 18.35 Cr.
Company has a healthy Interest coverage ratio of 15.09.
Company’s PEG ratio is 0.74.
The company has an efficient Cash Conversion Cycle of 24.35 days.
The company has a good cash flow management; CFO/PAT stands at 1.39.
The company has a high promoter holding of 73.53%.
The company has a strong degree of Operating leverage, Average Operating leverage stands at 18.70.
Symmetrical Triangle pattern breakout in MUFTICREDO BRANDS MARKETING PVT LTD
Key highlights: 💡⚡
✅On 1 Day Time Frame Stock Showing Breakout of Symmetrical Triangle Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 200+.
✅Can Go Long in this Stock by placing a stop loss below 165-.
Shakti pumps-A long-term investment stock!Shakti pumps had given volume breakout of cup and handle pattern in weekly time frame
Stock is retesting the breakout and low volumes during retracement indicate the same.
If the stock bounces from this support of 950-975, one must not miss this stock for medium to long term. Levels mentioned on chart.
One of the best stock to invest in "Make in India" growth story.
Stock has given remarkable returns in the last 1 year and has the potential to give similar returns in coming years.
Ascending Triangle pattern breakout in CHAMBLFERTCHAMBAL FERTILISER LTD
Key highlights: 💡⚡
✅On 1 Hour Time Frame Stock Showing Breakout of Ascending Triangle Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 558+.
✅Can Go Long in this Stock by placing a stop loss below 519-.
BDL On the verge of BreakoutNSE:BDL
Good to keep on the radar
As its on the verge of new breakout of Flag n pole
Always respect SL & position sizing
========================
Trade Secrets By Pratik
========================
Disclaimer
NOT SEBI REGISTERED
This is our personal view and this analysis
is only for educational purposes
Please consult your advisor before
investing or trading
You are solely responsible for any decisions
you take on basis of our research.
MGL-Retesting of multiyear ATH breakoutMGL is a PSU stock in gas distribution.
Stock had given good move after multiyear ATH breakout and is currently retesting the breakout.
A safe stock for long term investors available at reasonable valuations.(Not a recommendation)
The only risk with gas distribution stocks are margins are dependant on crude oil prices.
SOMANY CERAMICS Good to keep on radarNSE:SOMANYCERA
Nice Breakout of range
Expecting decent move
Good to keep on the radar
Always respect SL & position sizing
===================
Trade Secrets By Pratik
===================
Disclaimer
SEBI UNREGISTERED
This is our personal view and this analysis
is only for educational purposes
Please consult your advisor before
investing or trading
You are solely responsible for any
decisions
you take on basis of our research
NBCC making Cup and Handle PatternThe chart you've shared is a technical analysis of the NBCC (India) Ltd. stock on a weekly timeframe. Here's an interpretation and analysis based on the chart:
1. **Chart Pattern**:
- **Cup and Handle Pattern**: The chart appears to show a "cup and handle" pattern, which is a bullish continuation pattern. The cup is formed from 2020 to 2024, followed by the handle.
- **Upward Channel**: The stock has been moving within an upward channel since 2020, indicating a consistent upward trend.
2. **Price Movement**:
- **Recent Performance**: The stock recently broke out from the handle portion of the cup and handle pattern. This breakout is generally considered a strong bullish signal.
- **Support and Resistance**: The stock price is currently around 158.11 INR. The support level seems to be around the lower bound of the channel, and resistance around the upper bound.
3. **Volume**:
- **Volume Analysis**: The breakout is accompanied by significant volume (90.448 million), which adds to the credibility of the breakout.
4. **Projection**:
- **Target Price**: The projection based on the chart indicates a potential target price of 500 INR. This target is calculated based on the height of the cup pattern added to the breakout point.
5. **Trend Analysis**:
- **Bullish Trend**: The overall trend is bullish, supported by the breakout from the cup and handle pattern and the upward channel.
- **Potential Pullback**: There may be potential pullbacks or corrections, but the overall long-term trend remains upward as long as the price stays within the upward channel.
In summary, the NBCC stock chart suggests a strong bullish trend with a significant potential upside. The breakout from the cup and handle pattern, combined with high trading volume, indicates a likely continuation of the upward trend. However, as with all technical analysis, it's important to consider other factors and perform further research before making investment decisions.
#NIFTY Intraday Support and Resistance Levels -26/06/2024Nifty will be FLAT opening in today's session. After opening nifty start trading Above 23760 level and then possible upside rally up to 23880 in today's session. in case nifty trades below 23700 level then the downside target can go up to the 23580 level.
Take a look | min 20% return | swingFundamentally good stock,
For long term investment.
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Entry: 535
target: 555 -585- 651
sl: 506
major stoploss / support: 485
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Enter only after breaking & close above " Yellow box" mentioned.
Or else wait for some time.
'
;good for long term investment.
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'
Don't make complicated trade set-up.📈📉
Keep it " simple, focus on consistency💹
Refer our old ideas for accuracy rate🧑💻
Valuable comments are welcomed-✌️
.
refer old ideas attached below
Falling Wedge pattern breakout in BAJAJFINSBAJAJ FINSERV LTD
Key highlights: 💡⚡
✅On 1 Hour Time Frame Stock Showing Breakout of Falling Wedge Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 1631+.
✅Can Go Long in this Stock by placing a stop loss below 1591-.
Indiabulls looks bullishThe weekly chart shows the possibility of a breakout above 200. MACD is also showing a bullish crossover. If crosses and sustains above, An early target will be around 300.
At this point in time, the risk-reward ratio is quite good. One should wisely choose the position size and manage the risk. Better to accumulate up to the levels of 160 {if goes down}.
This illustration is only for learning and sharing purposes, not trading or investment advice in any form.
All the best.
MOTHERSON: Interesting SetupLike always the chart should tell you everything you need to know about Motherson.
Now for the readers, here are some pointers:
- The price broke a structure in June to rally about 20%
- Currently, it is at a very crucial point. The previous strong support is now acting as a strong resistance.
- The 100 rupee mark is also a strong psychological resistance for companies like Motherson
- The price is now consolidating at the resistance zone which is a good sign.
- The bodies have gotten smaller showing indecision.
- The long upper wicks show the presence of sellers.
- A strong high-volume break and sustenance above the zone will be crucial.
- We then have an ATH zone sitting right at the top.
We will keep updating the comments for every unfolding price action. You may follow us for regular updates.
Have Requests, Questions, or Suggestions? DM us or comment below.👇
⚠️Disclaimer: We are not registered advisors. The views expressed here are merely personal opinions. Irrespective of the language used, Nothing mentioned here should be considered as advice or recommendation. Please consult with your financial advisors before making any investment decisions. Like everybody else, we too can be wrong at times ✌🏻