This sugar stock is ready to give 57% swing from current levelsHello Everyone. i hope you all will be doing good in your trading and your life as well. I have brought a stock which is under 50 rs. and have potential to give double digit returns in few days. Stock just have given breakout of falling resistance trendline. There is higher probability we can see this stock above 50+ in coming days.
MACD is giving bullish crossover
price is above 200-DEMA
huge volume spike seen on breakout day
All this indicating a good reversal in stock.
Technically stock is looking good but fundamentally still not stable, so my recommendation will be only for short term.
Please follow strict stop loss and target it this.
go with less qty for better result.
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.
Investment
SANOFI - Multi year breakout setup - Swing/InvestmentThe analysis is done on Weekly TF hence price may take few weeks to several months in order to reach the targets.
Trade setup is explained in image itself.
Also look at the charts of its peers analysed in below link
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 markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
Large Rectangle Breakout Seen in BPCL Ltd.Hello Everyone, i hope you all will be doing good. I have found a Good Trade which just have retested the levels after giving successful breakout on chart, And today i am gonna to teach you about this pattern so if you see this pattern next time, you all will be able to trade accordingly.
Q:- What is Rectangle Pattern and How to Use Rectangle Chart Patterns to Trade Breakouts?
Rahul:-
A rectangle is a chart pattern formed when the price is bounded by parallel support and resistance levels.
A rectangle exhibits a period of consolidation or indecision between buyers and sellers as they take turns throwing punches but neither has dominated.
The price will “test” the support and resistance levels several times before eventually breaking out.
From there, the price could trend in the direction of the breakout, whether it is to the upside or downside.
we can clearly see above in BPCL chart that the pair was bounded by two key price levels which are parallel to one another.
So, Traders, i hope you Guy's have learned today how to Trade Rectangle Pattern, but guy's We just have to wait until one of these levels breaks and go along for the ride!
Remember, when you spot a rectangle: THINK OUTSIDE THE BOX! That's it.
ABOUT:-
Bharat Petroleum Corporation is a public sector company which is engaged in the business of refining of crude oil and marketing of petroleum products.
Market Cap
₹ 1,30,112 Cr.
Current Price
₹ 600
High / Low
₹ 688 / 331
Stock P/E
4.81
Book Value
₹ 349
Dividend Yield
3.50 %
ROCE
32.1 %
ROE
41.9 %
Face Value
₹ 10.0
Industry PE
7.78
Debt
₹ 54,599 Cr.
EPS
₹ 124
Promoter holding
53.0 %
Intrinsic Value
₹ 837
Pledged percentage
0.00 %
EVEBITDA
3.77
Change in Prom Hold
0.00 %
Profit Var 5Yrs
28.2 %
Sales growth 5Years
8.48 %
Return over 5years
9.16 %
Debt to equity
0.72
Net profit
₹ 26,859 Cr.
ROE 5Yr
23.0 %
Profit growth
709 %
Important levels for BPCL Ltd.
Buy in between 605-585 ( Accumulate more if get lower levels till 550-530)
Targets we can see 808/1008/1290++
Keep Stop loss at 471
Price is above 200 EMA
We have seen Proper Breakout of Large Rectangle Pattern in weekly timeframe.
with Good Volume
Price is sustaining above breakout trendline and it has given pull back to retest the levels
MACD and RSI has given bullish crossover (I have not placed RSI here as i want to keep chart neat and clean but i have analysed already)
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.
Andhra Petrochemicals - Inverted Head and Shoulder PatternAndhra Petrochemicals is a Monopolistic business, There is no plant like their, in Q4FY24 they gave a bumper results as well, along with Rs 2 Dividend (200% Dividend).
A nice inverted H&S has been created and breakout is round the corner above 106 levels.
Target is 170++
you can keep SL as 84 for the same.
PFC-A good ATH breakout of investment stock!PFC has given yet another ATH breakout as the bull run of this stock continues.
A beautiful cup and handle flag consolidation is seen in the stock which can be reason to fuel more rally in this stock.
Momentum traders can keep this stock in watchlist. 555-560 will be a strong supply zone for the stock. Easy 10% returns are visible here.
Long term target of the stock is 1000+ and hence long term investors should continue holding this PSU stock. PSU Power sector will keep growing and so will PFC.
PSB Breakout Long Buy predictionPunjab & Sind Bank is engaged in the Business of Deposits, Loans & Advances, and Remittances & Collections.
If we look at the chart:
The market has broken multiple bullish pattern confirmations. It has a broken flag & pole, and descending triangle while having a very strong volume at the breakout. If we look at the RSI, its crossing 60 to the upside can be a good sign of long-term bullish for the stock.
Investors of short term traders can proceed with the stock as follows:
you can execute the trade with R:R of 1:4.
Plan of Action:
Buy: LTP (64-65)
Stop loss: 60
Target1: 76
Final target 82
BFUtilities-Hidden multibagger stockBFUtilities , a Kalyani group company in the field of wind power generation is showing big reversal indications.
A monthly breakout was done few month back and currently stock is consolidating.
Once 1000 is crossed, this stock would be hard to catch.
Stock has improving fundamentals with net profit and EPS at all time high.
Stock is highly undervalued considering recent developments in renewable energy.
We have seen crazy moves in Suzlon and Inox Wind and I am expecting similar multibagger returns from this stock as well.
Symmetrical triangle breakdown in CANFINHOMECANFINHOMES LTD
Key highlights: 💡⚡
✅On 1 HOUR Time Frame Stock Showing Breakdown of Symmetrical triangle Pattern .
✅Strong bearish Candlestick Form on this timeframe.
✅It can give movement up to the Breakdown target of 680-.
✅Can Go short in this stock by placing a stop loss above 755+.
Indiabulls Housing Indiabulls Housing Share
Sahi Time Hai Paisa Lagane Ka Indiabulls Housing share me
1300 ka share 10 rupees pe aaya tha abhi apne aapko recovery kiya hai 70rs chal rha hai
Insaan hoye ya share jana to ek din upar hi hai
Aankh band kar ke paisa laga do ✌🏻
Metropolis - Keep On RadarCMP 1817 on 02.05.24
The stock price has tried several times in the last 12 months to cross the resistance levels around 1800. This time consolidating near the zone. If crosses this time, may go to 2250.
One has to choose the position sizing carefully, keeping the risk management or exit in mind.
This is only for learning and sharing purposes, not a trading recommendation in any form.
All the best.
Adani Ports - Long SetupIt can be clearly seen that the stock price has been moving in a rising parallel channel for the last two months. If the pattern continues, the price may go to 1380/1420/1450.
This setup fails if the price remains below 1300 levels.
The above illustration is only my view. Only for learning and sharing purposes, not a piece of trading advice in any form .
All the best.
SUDARSCHEM | Swing Trade📊 DETAILS
Sector: Dyes & Pigments
Mkt Cap: 3,914 cr
Sudarshan Chemical Industries manufactures and sells a wide range of Organic and Inorganic Pigments, Effect Pigments. The Group also manufactures Pollution Control Equipment, Size Reduction Equipment and Grinding Equipments for industrial applications.(Source : 202003 Annual Report Page No:203)
TTM PE : 11.79 (Low PE)
Sector PE : 39.65
Beta : 0.52
📚 INSIGHTS
Strong Performer
Stock with consistent financial performance, quality management, and strong technical momentum indicating good investor enthusiasm. Currently valued at Good to expensive valuation
4.57% away from 52 week high
Outperformer - Sudarshan Chemical Industries up by 8.58% v/s NIFTY 50 up by 1.93% in last 1 month
📈 FINANCIALS
Piotroski Score of 6/9 indicates Average Financials
Disclaimer: This analysis is for educational purposes only, and I'm not 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.
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LINDEINDIA | Swing Trade📊 DETAILS
Sector: Diversified
Mkt Cap: 61,619 cr
Linde India Limited, a subsidiary of BOC Group,UK (owns 75% stake in the co), is primarily engaged in manufacture of industrial and medical gases and construction of cryogenic and non cryogenic air separation plants.
TTM PE : 143.99 (High PE)
Sector PE : 92.26
Beta : 0.79
📚 INSIGHTS
Strong Performer
Stock with consistent financial performance, quality management, and strong technical momentum indicating good investor enthusiasm. Currently valued at Good to expensive valuation
8.04% away from 52 week high
Outperformer - Linde India up by 30.76% v/s NIFTY 50 up by 0.25% in last 1 month
📈 FINANCIALS
Piotroski Score of 9/9 indicates Strong Financials
Disclaimer: This analysis is for educational purposes only, and I'm not 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.
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SOLARINDS | Swing Trade📊 DETAILS
Sector: Commodity Chemicals
Mkt Cap: 71,511 cr
Solar Industries is one of the worlds leading manufactures bulk explosives, packaged explosives and initiating systems, which find applications in the mining, infrastructure and construction industries.
SIL also ventured into the defense segment in 2010 and diversified into manufacturing of propellants for missiles and rockets, warheads and warhead explosives.
TTM PE : 88.64 (High PE)
Sector PE : 104.91
Beta : 0.33
📚 INSIGHTS
Strong Performer
Stock with consistent financial performance, quality management, and strong technical momentum indicating good investor enthusiasm. Currently valued at Good to expensive valuation
5.22% away from 52 week high
Outperformer - Solar Industries India up by 12.74% v/s NIFTY 50 up by 2.72% in last 1 month
📈 FINANCIALS
Piotroski Score of 8/9 indicates Strong Financials
Disclaimer: This analysis is for educational purposes only, and I'm not 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
COALINDIA | Swing Trade📊 DETAILS
Sector: Coal
Mkt Cap: 292,483 cr
Coal India Ltd is mainly engaged in mining and production of Coal and also operates Coal washeries. The major consumers of the company are power and steel sectors. Consumers from other sectors include cement, fertilizers, brick kilns etc.
TTM PE : 8.99 (High PE)
Sector PE : 18.79
Beta : 1.25
📚 INSIGHTS
Strong Performer
Stock with consistent financial performance, quality management, and strong technical momentum indicating good investor enthusiasm. Currently valued at Good to expensive valuation
2.67% away from 52 week high
Outperformer - Coal India up by 6.53% v/s NIFTY 50 down by -0.17% in last 1 month
📈 FINANCIALS
Piotroski Score of 8/9 indicates Strong Financials
Disclaimer: This analysis is for educational purposes only, and I'm not 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.
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HUDCO is a good long term bet!HUDCO is trying to complete a rounding bottom pattern. Volume is increasing in the stock.
Above 102, we can expect big returns, even 150+.
Stock has dividend yield of more than 4% and is a PSU company in housing finance.
One can enter at CMP and add on dips till 75. SL is below 60 weekly closing basis.
Idea shared for educational purposes.
Hindzinc- Do not miss this multiyear consolidation breakout!Hindustan zinc has given big breakout of inverted head and shoulders pattern in monthly time frame. A monthly closing above 330 would confirm the same.
This breakout is mainly because of the shooting zinc prices and growing war tensions.
350-370 is the best price to accumulate the stock.
The volumes are also at multi year high.
If you trust anil agrawal's vision and are a dynamic investor, do not miss this stock in your portfolio for potential multibagger returns.
FINPIPE | Positional Trade📊 DETAILS
Sector: Plastics - Tubes/Pipes/Hoses & Fittings
Mkt Cap: 15,133 cr
Finolex Industries Limited (FIL) is a leading manufacturer of PVC Resin and the largest producer of PVC Pipes & Fittings in India. The Company offers the latest range of superior quality and durable PVC-U pipes and fittings used in agriculture, construction and industrial operations. Its product portfolio consists of two major divisions:
PVC Resin
PVC Pipes & Fittings
TTM PE : 31.84 (High PE)
Sector PE : 80.60
Beta : 0.88
📚 INSIGHTS
Strong Performer
Stock with good financial performance alongside good to expensive valuation, but lacks price momentum as suggested by technical indicators
9.37% away from 52 week high
Outperformer - Finolex Industries up by 13.49% v/s NIFTY 50 down by -0.87% in last 1 month
📈 FINANCIALS
Piotroski Score of 7/9 indicates Strong Financials
Disclaimer: This analysis is for educational purposes only, and I'm not 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
KIRLOSBROS | Swing Trade📊 DETAILS
Sector: Engineering - Industrial Equipments
Mkt Cap: 9,247 cr
Kirloskar Brothers is a part of the Kirloskar Group engaged in the business of engineering and manufacturing of systems for fluid management. The core businesses include large infrastructure projects (Water Supply, Power Plants, and Irrigation), Pumps, Valves, Motors and Hydro turbines.
TTM PE : 31.22 (High PE)
Sector PE : 54.25
Beta : 1.03
📚 INSIGHTS
Strong Performer
Stock with consistent financial performance, quality management, and strong technical momentum indicating good investor enthusiasm. Currently valued at Good to expensive valuation
11.75% away from 52 week high
Outperformer - Kirloskar Brothers up by 24.64% v/s NIFTY 50 up by 0.25% in last 1 month
📈 FINANCIALS
Piotroski Score of 9/9 indicates Strong Financials
Disclaimer: This analysis is for educational purposes only, and I'm not 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