INFOSYS TARGET 1600/- In this recording infosys pattern has been told. It might take more days then mentioned, but the patter is quite visible and its due for a breakthrough.
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Investmentidea
TRIVENI BREAKOUT buy MODE ON Triveni Engineering and Industries Ltd is an Integrated and diversified conglomerate in the areas of sugar, ethanol, and engineering.
The Stock has given a successful breakout of Flag and pole pattern, falling wedge, and a consolidation of six months.
You can make an entry with R:R :: 1:2.
I am expecting Triveni to go bullish.
Reason:
Bullish Flag and POLE breakout to the upside.
Taking support at the VWAP indicates a good sign to enter.
RSI crossing 60 to upside shows good bullishness.
Successful breakout after six months.
High volume is traded on the last day, which shows a lot of interest in stock buying.
Price > EMAs show bulls are more powerful than bears. We can make an entry.
Taking successful support at 200 EMA with good buying interest(volume spike).
Verdict : Strong Bullish
Plan of action :
BUY: 350
Stoploss: 327
Target: 400
Trailing SL: 10 or VWAP or logical
TILAKNAGAR INDUSTR (TI) breakout analysis BUY TILAKNAGAR INDUSTR (TI) has given a breakout of bullish flag and pole pattern to upside.
All important levels have been marked at the chart.
As stock has broke to upside you can generate a buy @LTP.
If we see the volume surge it was massive yesterday. if we enter stock at 230 we can achive the target with
Risk: Reward :: 1 : 3.
Reasons:
Bullish Flag and POLE breakout to upside.
Taking support at the VWAP, indicates good sign to enter.
RSI crossing 60 to upside shows good bullishness.
Successful breakout after 6 months.
High Volume is traded last day, which shows lots of interest in stock buying.
Price > EMAs, shows bulls are more powerful than bears we can make an entry.
Taking successful support at 200 EMA with good buying interest(volume spike).
Verdict:
Strong Bullish
Plan of action:
BUY: 230
Stoploss: 214
Target: 281
Trailing SL: 5
Whirlpool of India - A Long Term Investment StockIn this Monthly chart wave (1) is completed at 2787 and wave achieved its minimum retracement range....If wave (2) is already completed at 1186 then wave (3) is already started and may achieve given targets of wave (3) in upcoming months or so....but if wave (2) is still in progress then 1458--927 support(buying) range for the stock....
Sumitomo chemical ind ltd - A Long term investment stockIn this weekly chart wave (1) is completed at 540 and wave achieved its minimum retracement range....If wave (2) is already completed at 336 then wave (3) is already started and may achieve given targets of wave (3) in upcoming months or so....but if wave (2) is still in progress then 345-268 support(buying) range for the stock....
RBA - Long term Investment stockIn this weekly chart wave (a or i) is completed at 137 and wave (b or ii) may be completed at 98 and (c or iii) is already started which can take this stock to 151-163-183 in coming months...
Emami Ltd - A Multibagger stock for upcoming yearsWhat a Chart !!! Its a very good Investment stock for upcoming years and it may give multifold returns....The reason behind this idea is the pattern which i have marked in chart where stock is formed multiple wave 1 and 2 and it may bounce sharply to justify the personality of wave 3.
Rossari Biotech - A Long Term Investment stock IdeaIn this weekly chart it seems wave (a or i) is completed at 904 and wave (b or ii) formed a WXY(double zigzag corrective) pattern and made low near 61%. So there is a possibility that wave (c or iii) is already started or it may start soon and this stock may bounce in given range in chart. Its again a good long term investment stock which is available at lower price.
Indigo Paints - A Long Term Investment StockIn this weekly chart of Indigo paints wave (a or i) is completed at 1680 and wave (b or ii) retraced around 61% and followed by a green weekly candle...So may be wave (c or iii) is already started and it may bounce in given target range as wave (c or iii) in upcoming months....
Rajesh Exports - A Long Term Investment Stock IdeaIn this monthly chart of Rajesh Exports bigger wave (1) is completed and wave (2) also retraced around 70% as an Irregular correction and currently it may forming bottom and can bounce again as wave (3) in upcoming months and years...So its a stock for those who likes Buying from bottom and stay invested for Long Term...
TV18BRDCST: A Promising Investment Opportunity !!!As per time cycle this stock is ready to fly in upcoming months.
Accumulate at current levels with a stop of 40 on monthly closing basis for some euphoric upside.
Upside: 100/150+
Horizon: 6-12 months
ZEEL: A contrarian bet on this media giantZeel is the biggest and most attractive stock in the media sector.
Now when noone seems to be interested and all negatives around, Time cycle points towards a Rise from the Ashes.
Strictly investment buying can be done at CMP and on Dips.
Accumulation range 130-160 upside 300+ horizon 12 months.
KOTAK BANK: TURNAROUND POTENTAILLow Risk High reward bet - KOTAK BANK seems a no BRAINER at CMP.
Investment buying can be done for some great upside potential in future.
Buy Confipet Trade Opportunity: Confipet CMP 110
Target Price: 200
Stop Loss: 95
This trade opportunity involves buying shares of Confipet at the current market price of 110, with a target price set at 200 and a stop loss at 95. This strategy aims to capitalize on potential upward movement in Confipet's stock price while mitigating downside risk. By setting a clear target and stop loss, investors can manage their risk effectively while pursuing potential gains in the stock market."
RedingtonRedington Limited has made a breakout and is currently in a buying zone. CMP is 189. Breakout confirmation and retesting in one day and one week time frame, thus we expect to hit all of our targets.
BombayDyeingBomDyeing made a strong HigherHigh in Monthly Timeframe.
Pure Buy on Dips.
Buy on Proper Dips maintaining Proper Money Management.
Do your own Analysis before any trade.
MuthootFin Priceaction BullishMuthoot On a Higher Timeframe making significant
Higher High and Higher Low
Stock rejected from Previous High and came down for retracement.
Stock Retested the Previous Breakout level and currently forming a
Strong #PriceAction.
So the Stock shd move from Higher Low to Previous Swing High then New ATH.
#JSW ENERGY SHORTTERM BULLISH#JswEnergy moving strongly by making proper structure, Moving up without making much noise. Strong monthly breakout and Holding.
Good to hold for Swing to Shortterm trades.
Do ur own analysis with proper Stoploss
#Gujalakali BullishON Major Swing Previous Swinglow SL wa taken.
Stock has made consecutive Higher high and Higher Lows.
Currently in Insidebar / Rangebound and ready to give a Breakout.
Maintain SL / RR for a better targets.
Shipping CP IndiaShipping CP India is making a huge Breakout in Monthly Timeframe, which is alomst 18 Yrs Breakout.
Weekly Timeframe confirms with a follow up candle.
Its a Buy on Dips Stock.
Buy at proper Demandzone for proper Riskreward. Better buy at retracement.
Investment pick- Union BankUnion bank is one of the top 5 largest PSU banks of India.
We have seen an amazing rally in PSU banks in the last couple of years on the basis of improved profitability and asset quality.
Technically, Union bank has a big scope of uptrend possible as the stock has recently broken the resistance of 100.
Positional traders can look for targets of 140, 175+ in next 6-12 months.
Stock offers a good dividend yield over 2%.
Good stock from investment point of view.Idea shared for educational purposes.
LTTS BULLISHIrrespectivev of Market fall.,.
the stock is holding the levels.,. which shows signs of bullish rally further.,.,
Follow charts for the target
3MINDIA | Investment Pick📊 DETAILS
Sector: Diversified
Mkt Cap: 35,425 cr
3M India is a subsidiary of 3M Company, USA. The Company manages its operations in four operating segments: Safety & Industrial , Transportation & Electronics, Health Care and Consumer. In India, the Company has manufacturing facilities at Ahmedabad, Bangalore, Pune and has a R&D Center in Bangalore.(Source : 202003 Annual Report Page No:137)
TTM PE : 66.11 (Low PE)
Sector PE : 52.33
Beta : 0.22
📚 INSIGHTS
MC Insights PRO
Stock with good financial performance alongside good to expensive valuation, but lacks price momentum as suggested by technical indicators
5.42% away from 52 week high
Underperformer - 3M India up by 3.7% v/s NIFTY 50 up by 8.32% 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.
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