Completion of WXYXZ or NOT?NSE:TARSONS
Tarsons product LTD is proxy player to healthcare industry. Tarsons is a manufacturer of scientific and laboratory plastic ware and safety products.
Stock went into Triple Three complex correction just after IPO and I think that stock completed it's course of complex correction and now ready to move up but for more safety one should invest above 524/- as you can see stock gave breakout above bearish trend line and right now it's retesting the trend line to see if price sustain the support or not if trendline give support stock will surely make Higher High above 524/-.
Target is 30% above from Entry Point.
IPO
EMS limited showing good strength on weekly chartsEMS limited- A recently listed Electronics manufacturing company is showing strength on weekly charts. After retracing from recent highs the price bounced from fibbonacci 23.6% levels and is looking prime to touch recent highs. A buy above 500 with stop of 420.
ATL / Allcargo Terminals Ltd - 6 Weeks tight consolidation breakATL
1) Time Frame - Weekly.
2) 6 Weeks tight consolidation breakout from Its IPO base in weekly with huge bullish candle and volume.
3) As per the Cup with handle pattern breakout Its Next resistance / Target would be around the price (86 - 24% from the close).
4) Recommendation - Strong Buy
IPO BASE BREAKOUT 📌SWING TRADE FOR NEXT WEEK🚀
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📌TRADE ANALYSIS OF SAI SILK :-
•IPO base Trade
•Volume contract
•Bullish trend/ make good structure also
•Made good price action
•Make higher highs/higher lows
📌 If you have any questions about any stock you can comment on post 📱
📌Disclaimer:-
This all chatrs analysis are only for educational purposes only
I do not provide any CALL or Tips
SHRIRAMPPS - IPO base BreakoutSHRIRAMPPS
1) Time Frame - Monthly.
2) Break of Previous firstly marked All Time High in monthly with good volume.
3) It's a good confirmation to go for buy as per monthly time frame but In Weekly time frame, Should wait for the strong close above 129.70 in daily / weekly candle.
4) Weekly / Daily - Any Time frame's candle close above 129.70 is considered as buy opportunity. (with good volume).
INDIA SHELTER 📌SWING TRADE FOR NEXT WEEK🚀
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📌I post daily SWING CHARTS analysis on my trading view profile..
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📌TRADE ANALYSIS OF India shelter :-
•IPO base trade
•Tightness' on daily candles
•Volume Contractions
📌 If you have any questions about any stock you can comment on post 📱
📌Disclaimer:-
This all chatrs analysis are only for educational purposes only
I do not provide any CALL or Tips
Can Paytm reach 1000 with this breakout?The infamous stock of Paytm which was the largest IPO at the time of its listing has eroded IPO investor's wealth by more than 50%.
However, the strong has been consolidating from quite few months now. We have seen multiple buybacks from the founder and promoter in this stock during the same which was a positive sign.
However, near the release of Q4 2023 results, the stock had started its uptrend by forming higher highs, higher lows.
Now, the stock has given a breakout of inverted head and shoulders with heavy volumes last week whose neckline was 750. The stock has given weekly closing above 800 levels which is a big positive for the stock. The stock might face an immediate resistance near 840-850.
One can keep this stock on watchlist for buying near retest of 750-760 levels if there is a retracement for big targets of 990, 1125.
Note:- This idea is shared for educational purposes and should not be considered as a recommendation.
BREAKOUT IN YATRA📌SWING TRADE FOR NEXT WEEK🚀
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I am a swing trader by passion i only trade on swing stocks.
📌I post daily SWING CHARTS analysis on my trading view profile..
so let's start
📌TRADE ANALYSIS OF YATRA ONLINE :-
•IPO Base Breakout
•Volume increases last few weeks high
•Bullish trend/ make good structure also
•Made good price action
•Make higher highs/higher lows
📌 If you have any questions about any stock you can comment on post 📱
📌Disclaimer:-
This all chatrs analysis are only for educational purposes only
I do not provide any CALL or Tips
Base formation is seen in Ideaforge.Reversal trade for educational purposes
Ideaforge has been in a downtrend since its listing. However, stock has formed a short term base.
780-840 is a good accumulation zone. Breakout above 840 might be a sign for reversal.
RSI positive divergence is clearlyseen in the stock
Targets can 960, 1000, 1050+ with SL below 780 DCB.
However, there is no guarantee regarding long term reversal hence traders should trail their SL to reduce loss.
Latent view can be a potent multibagger!Latent view was one of the highest rated stock during its IPO listing which had got 300x subscription. The overhyped IPO market of 2021 has trapped many investors in multiple stocks including Latent view.
However, we can see some positive bounce in the stock from the demand zone of 310-320 after a major consolidation near the same.
A short term trendline breakout is also visible. The stock can be added on dips at 355, 344 with a SL of below 310 WCB for minimum target of 430.
My observation of the stock is that The consolidation structure is similar to Happiest minds which has given multibagger returns after consolidation breakout. Can we see the same in this stock? only time can tell!
Idea is shared for educational purposes only and should not be considered as a recommendation.
NYKAA might be forming double bottom Nykaa share has been under constant beating from its listing.
Currently, the share is consolidating and it might form a double bottom pattern to bounce from 120-125 levels. RSI is already forming higher lows.
The major resistance is 145-150 levels above which the stock might show signs of reversal.
Idea shared is not a recommendation but just for educational purposes.
DCX systems showing early signs of retracement.Today's stock for analysis is DCXINDIA.
This stock was recently listed nearly 50% premium over the IPO issue price of 207. Since its listing, the stock is in continuous downtrend as seen on chart.
However, from past few days, we can see a retracement coming from levels of 150 in the stock. RSI positive divergence is also visible.
175-178 is a strong supply zone above which the stock can move quickly towards 193-195 levels which is its 38.2% retracement of downtrend.
Study the chart and kindly trade as per your own analysis.
MEDANTA- NEXT DREAM RUN IPO !1.After listing rally stock formed good base with volume contraction ( first mature base)
2.Now stock trading in range from last breakout high ( forming second mature base)
3.Now closing above 530 with good volume will trigger next upmove
4. Stop loss - closing below upword slanting trendline
5. Target - 574/610/680+
Q&A_ Why Bikaji foods IPO was a flop?Namaste!
Bikaji Foods and Haldiram's control 50% of the organized namkeen market in India. The people, mostly retail would have thought this would be a blockbuster IPO considering whopping 80.63 times by QIBs (Qualified Institutional Buyers). Generally this kind of oversubscription leads to very good listing gains, but this time it didn't happened.
The reasons according to me are following:-
1. It doesn't have a value at this price: Sure, it is (along with Haldiram's) are market leaders in "organised" market, but what about unorganised market? These include the local samosewala, chai ki tapri, Gujrati and Rajasthani folks, etc selling namkeen and related products.
It's face value is Rs 1. It looks like they had split shares 1:10 before the IPO.
2. It's EPS has fallen aggressively due to split: It's EPS (Earning Per Share) is Rs 3.2. If you put this value to Sir Benjamin Graham's formulae, you would get IV (Intrinsic Value) as Rs 112 if YoY growth is expected as 20% and 10 year yields as 6.1%. The IPO price was Rs 300, I don't have to explain further.
*Fun-fact*: There are different methods to value a company, I prefer Sir Ben Graham's formulae because it seems very logical to me. Their method will not apply for loss making companies. Such companies have to be evaluated based on Comparative company analysis, Sales increase/growth analysis, discounted cash flow analysis, etc.
3. What should retail people do?
A: Gather knowledge. Learn to value a company or IPO. Give some time to understand it. The more you learn, the more you earn (ofourse sometimes by investing in IPOs :)
Disclaimer: The analysis I have shared is based on my understanding and experience in the markets. Please do your own analysis and/or consult your financial advisor before investing and/or trading.






















