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LATENTVIEW - THE ART OF WYCKOFF ACCUMULATIONLATENTVIEW is being accumulated by institutions, I have already explained the Wyckoff Accumulation in my previous posts. You can refer my 63MOONS post to study in detail. I have initiated my position @ 383. MY stoploss is 340 *DISCLAIMER* This analysis is only for educational purpose. I am not a SEBI Registered Analyst/Advisor. Please consult your financial advisor before taking any position and please use a Stop Loss for any Investments/Trading Positions. It is your hard earned money so give risk management your highest attention. Do take this disclaimer seriously.
NSE:LATENTVIEWLong
by nishant_bhatt
Bullish Flag Pattern Breakout & Pullback Pattern in Persistent.Hello Traders & Investor, I have brought another analysis on Persistent System which has given a neat and clean breakout of BULLISH FLAG PATTERN , after that price has pullback to retest the breakout zone. Now it is ready to fly in blue sky..Well Guy's i already have told earlier about this flag pattern but still i will tell you all in short here, Q:- What is a flag pattern? Rahul:- A flag is a formation in the technical chart representing a period of temporary consolidation or pause before the trend continues to move either upward or downward. I hope you have got it. So, guy's whenever you see this pattern, wait for breakout and then take entry or you can enter after retest the levels (Pullback). The risk and reward is really very favorable if you take entry after any bullish flag pattern breakout. ABOUT COMPANY:- Persistent Systems provides software engineering and strategy services to help companies implement and modernize their businesses. It has its own software and frameworks with pre-built integration and acceleration. It also has partnership with providers such as Salesforce and AWS. Market Cap ₹ 45,375 Cr. Current Price ₹ 5,899 High / Low ₹ 6,035 / 3,611 Stock P/E 45.2 Book Value ₹ 574 Dividend Yield 0.68 % ROCE 30.3 % ROE 25.3 % Face Value ₹ 10.0 Debt ₹ 555 Cr. EPS ₹ 128 PEG Ratio 1.84 Promoter holding 31.1 % Intrinsic Value ₹ 2,371 Pledged percentage 0.00 % EVEBITDA 26.6 PROS Company is expected to give good quarter Company has delivered good profit growth of 24.6% CAGR over last 5 years Company has been maintaining a healthy dividend payout of 36.6% Company's median sales growth is 17.4% of last 10 years CONS Stock is trading at 10.3 times its book value Important levels for .PERSISTENT SYSTEM LTD. Buy in between 5915-5850. Targets we can see 6370/6883+ Keep Stop loss at 5599. Price is above 200 EMA We have seen Proper Breakout of Bullish Flag Pattern in daily timeframe. with Good Volume Price is sustaining above breakout of Flag Pattern 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 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.
NSE:PERSISTENTLong
by TraderRahulPal
IT stock to watch before reversalIdea is shared as Long term reversal pick only for educational purposes. Stock name:-Mphasis Market cap around 40000 crore Buy in range of 1950-2050 Technically IHNS Breakout above 2500. SL below 1650 WCB Targets 3500, 4000++ Diving into some fundamental ratios at CMP:- PE ratio-25 (Near 5 yr median PE and industry PE) ROCE-28.9% ROE-21% Debt/Equity-0.2|| Debt/Earnings-0.96 Div yield above 2% Promoter holding above 55% with no holding pledged. One noteworthy observation is DII have increased stake from 17.78% to 22.55 % in last 1 year.
NSE:MPHASISLong
by chartistamey
Is TCS looks Weak? My answerQ: Do you think TCS looks weak on chart? My answer is "NO" as far as chart is concerned. Remember, it must have nothing to do with the fundamentals. As you can see in the Monthly charts of TCS, their isn't a "single low broken" since March 2020. Let's analyze each Month's lows. Mar 2020: Rs 1506.05 April 2020: Rs 1650 May 2020: 1865.20 June 2020: 1981.10 July 2020: 2079.50 Aug 2020: 2216.45 Sept 2020: 2241.30 Oct 2020: 2492.30 Nov 2020: 2600.05 Dec 2020: 2624.45 Jan 2021: 2879 Feb 2021: 2880 Mar 2021: 2901.80 April 2021: TBC Q: Can we short or will it fall if the monthly low is broken? My answer is nope, absolutely not. The stock is still in uptrend. Trend has more importance than each particular candle's high or low. Therefore, it will require massive selling pressure and/or Fundamental Causes to make the stock fall. Disclaimer: The views expressed in this article is of my own, you're solely responsible for any decision taken in the markets. The analysis I've shared is just for educational purposes only.
NSE:TCSLong
by UnknownUnicorn7637383
4
Investment_ HCL TechTrading and investing are completely different in nature. In trading, we don't care about the prices whether it's fair or not. We buy high and sell even higher. But in investing, we should only buy a stock near its intrinsic value. No matter if everyone is making money except us. But, price which is justified by fundamentals are sustainable and proved sustainable historically. "Intrinsic value is upgraded or declined based on fundamental changes. I amend my intrinsic value every year based on the growth of the company." So here I am with a stock named HCL Tech. According to my method of calculating intrinsic value, it's not worth more than ₹700 a share. It has broken its daily trendline on charts. And I am expecting it to come at least near my intrinsic value. Well, this will not happen overnight, it may take several months, to several years. But, what if the stock didn't come down to my intrinsic value? I won't buy it for investing. Never. Short term trades can be taken, which can even last for several months, but for investing? Nope. Disclaimer: The views expressed in this article is of my own, you're solely responsible for any decision taken in the markets. The analysis I've shared is just for informational and educational purposes only.
NSE:HCLTECHLong
by UnknownUnicorn7637383
4
Investment_ TECHM (Tech Mahindra)Namaste! I have selected another stock, which looks good to invest in. You must have wondering, why am I sharing only technology companies? Well, it is the sector which have fallen mostly. I don't like to buy at highs. I like to buy at correction, when there is fear, when the weak-hands get panic and selling it. That's what many of the great investors do. Anyways, TECHM is a stock, which have fallen around 48% from all time highs. Well, in my perspective, this stock, along with other technology stocks are on a sale . I would advice anyone to invest in because, it is a very good opportunity to do so. If you have been reading my articles, you will know why. And remember, don't concentrate your portfolio in the IT Sector, by buying every stock in the sector. Please diversify. You can either place GTT (Good Till Triggered) orders with your broker at a price 1017.50-1018 , or manually buy it if it crosses this crucial price level. I would modify the entry, if it signals to do so based on my plan, and will update it here. Q: Will it sky-rocket as soon as you buy. A: NO. Investment takes time to show results, months or years. There are many many things which affect the stock performance. You can't figure out why is this happening. What can you do is, buy and sell . Please read previous articles, for reading more about the above thing. Disclaimer: The analysis I have shared is based on my understanding and experience in the markets. Investment carries an element of financial risk. Please do your analysis and/or consult your financial advisor before investing. I already have some shares and will/may add more if I get another opportunity.
NSE:TECHMLong
by UnknownUnicorn7637383
Investment_ TCSNamaste! TCS has been one of the stocks which didn't corrected much in the "corona crash", dropping only similar to 30%. The main reasons for this stability was:- 1. IT sector still offered it's employees a work from home opportunity, so it's business didn't affected that much. 2. TCS is the biggest company in the IT sector today, and it's share price has been very stable due to the fact that it didn't fell more than 30% since the year 2010. 3. So, again it fell 30% and it's price is trading near support level. 4. It's an very good investment opportunity, for the people who are very conservative in risk taking. Hence, they should not expect higher returns rather stability. 5. Investment price looks good at current price of Rs 3074. 6. More capital allocation can be done to this stock as compare to small and mid-cap due to the nature of stability. But not more than 20%. Disclaimer: The analysis I have shared is based on my understanding and experience in the markets. Investment does not guarantee a fixed return due to volatile nature of markets and may result in a loss. Please do your analysis and/or consult your financial advisor before investing.
NSE:TCSLong
by UnknownUnicorn7637383
1
ADENIENT //Adani Enterprices Intraday🤑We analysis Adanient Direction Useing Price action. Adani shares rise up to 2% ahead of SC hearing on Hindenburg issue Adani shares rise up to 2% ahead of SC hearing on Hindenburg issue Shares of Adani group stocks were trading with a positive bias on Tuesday as investors await the outcome of the hearing of the Adani-Hindenburg issue in the Supreme Court later in the day. With Adani Enterprises rallying up to 2%, nine out of 10 Adani stocks were trading in the green. Shares of Adani Power, Ambuja Cements and Adani Ports were trading over 1% higher. Shares of Adani group stocks were trading with a positive bias on Tuesday as investors await the outcome of the hearing of the Adani-Hindenburg issue in the Supreme Court later in the day.
NSE:ADANIENT
by Ramajitrade
Reliance Intraday By Professional Option's Trader🤑💲💸💰#We Make Only Profit. #HDFCBANK #BANKNIFTY #NIFTY50 #NIFTY #SENSEX #TATA Intraday trading involves buying and selling options within the same trading day, rather than holding them for an extended period. By adopting this approach, traders can make profits by capitalizing on the short-term price movements of the underlying asset.22-Apr-2023 Is option buying good for intraday? Trading intraday options can be a great way to benefit from short-term market fluctuations and make quick money. Before you dive headfirst into the fast-paced world of intraday options, it's important to have a sound strategy with an understanding of risks and rewards. The long black candlestick is 'the mother' and the small candlestick is 'the baby'. The smaller the second candlestick, the stronger is the reversal signal. The shadows of the second candlestick do not have to be contained within the first candle's body. Which candle is best for option trading? Here are the top 5 candlestick patterns that traders must know: Doji. The Doji pattern is formed when the Open Price and Close Prices are the same or almost the same, and there is Low and High Price, so the candle has nearly nobody with a lower and upper wick. ... Hanging Man. ... Hammer. ... Morning Star and Evening Star. Technical analysis and options trading can go hand in hand. Many of the best practices for options trading come directly from technical analysis concepts. Technical analysis focuses on price. Fundamental analysis does not solely focus on price. RBI Forex Reserve Grow is this Good or Bad ? 1st 140 Billion loss hua hai or ab 20 Billion Grow hua hai to hai to abi bhi loss mai Gover..t abi losss mai hai
NSE:RELIANCE1!
by UnknownUnicorn59699627
3
SENSEX By Professional Options Trader's#We Make Only Profit. #HDFCBANK #BANKNIFTY #NIFTY50 #NIFTY #SENSEX #TATA Technical analysis and options trading can go hand in hand. Many of the best practices for options trading come directly from technical analysis concepts. Technical analysis focuses on price. Fundamental analysis does not solely focus on price. RBI Forex Reserve Grow is this Good or Bad ? 1st 140 Billion loss hua hai or ab 20 Billion Grow hua hai to hai to abi bhi loss mai Gover..t abi losss mai hai
BSE:SENSEX
by UnknownUnicorn59699627
4
Technical Analysis: Tata Elxsi Breakout📈 INTRODUCTION 🚀 In this technical analysis, we'll explore the breakout in Tata Elxsi's price. Please note that this analysis is for educational purposes only, and I am not a SEBI registered analyst. Let's dive into the details! 📊 KEY DETAILS 🚀 🔹 Tata Elxsi's price has been facing resistance since October 2022. 🔹 The resistance supply zone was around 7445 to 7157. 🔹 On the other hand, the price found support at the monthly demand zone. 🔹 The breakout occurred with good volume, indicating strong momentum. 🔹 Before the breakout, the price halted near the resistance, which is a positive sign. 📈 TRADE SETUP 🚀 Based on the analysis, here's a potential trade setup: 🔹 Entry: Current Market Price (CMP) of 7508 🔹 Stop Loss: Below Friday's low, around 7198 with buffer 🔹 Target: Around 8307, just below the daily and weekly supply zone 🔹 Risk-to-Reward: 1:2.5, which is a favourable ratio 📚 EDUCATIONAL INSIGHTS 🚀 Before we conclude, let's define some technical terms for new traders: 🔹 Resistance : A price level where selling pressure exceeds buying pressure, causing the price to pause or reverse. 🔹 Support : A price level where buying pressure exceeds selling pressure, causing the price to pause or reverse. 🔹 Breakout : When the price moves above a significant resistance level or below a significant support level, often accompanied by increased volume. 🔹 Supply Zone : An area where sellers are likely to be present in large numbers, causing the price to struggle to rise further. 🔹 Demand Zone : An area where buyers are likely to be present in large numbers, causing the price to find support and potentially reverse. Remember, it's essential to continue learning and understanding these concepts to become a skilled trader. 🙌 CONCLUSION 🚀 In conclusion, Tata Elxsi has experienced a breakout from its long-standing resistance. Based on the analysis, a potential trade setup has been identified. As always, do your own research and exercise caution while trading. If you found this analysis helpful, please like and follow me on TradingView for more articles and trade setups. Your support, likes, follows, and comments keep me motivated to write consistently. Thank you!
NSE:TATAELXSILong
by AfnanTAjuddin