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Kalyanjewellers

Kalyan - Pullback SwingNSE:KALYANKJIL today gave a Breakout of Falling Trendline and Closed above its Swing Highs With Good Volumes after Making a Base Just Around The Same Levels Previously in One Sided Fall From Top. Today closed above 50 DEMA with RSI trending upwards. About: NSE:KALYANKJIL designs, manufactures, and sells a range of gold-studded and other jewellery products at various prices. It is one of the largest jewellery retailers in India. F&O Activity: Significant Long Buildup With 460 PE OI Increasing Significantly. Trade Setup: Can Swing Back to 200 DSMA as it failed last time? Visible on Charts, it may create the same swing, and if sustained, it can further give good swing results. The season is on. Target (Take Profit): Around 200 DSMA, i.e 600 Levels as of Now Stop Loss: Swing Low Base as Shown. 📌Thank you for exploring my idea! I hope you found it valuable. 🙏FLLOW for more 👍BOOST if useful ✍️COMMENT Below with your views. Meanwhile, check out my other stock ideas on the right side until this trade is activated. I would love your feedback. Disclaimer: "I am not SEBI REGISTERED RESEARCH ANALYST AND INVESTMENT ADVISER." This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
NSE:KALYANKJILLong
by Karanshah137
Kalyan Pullback Trade ???NSE:KALYANKJIL is looking good for a Pullback from its base with Heavy Volumes. About: NSE:KALYANKJIL designs, manufactures, and sells a range of gold, studded, and other jewellery products at various prices. It is one of the largest jewellery retailers in India. F&O Activity: Significant Long Buildup With 500 CE OI Unwinding Significantly. Trade Setup: Looks good for a 1:1 Risk-Reward Trade with 10 DSMA Trending Upward, Pullback up to 100 DSMA looks likely, and 10 DSMA and Recent Base are Important Levels. Target(Take Profit): Near 100 DSMA for Swing Trader Stop Loss: Recent Base or Trailing 10 DSMA on Closing Basis for Swing Trader. 📌Thank you for exploring my idea! I hope you found it valuable. 🙏FLLOW for more 👍BOOST if useful ✍️COMMENT Below your views. Meanwhile, check out my other stock ideas below until this trade is activated. I would love your feedback. Disclaimer: "I am not SEBI REGISTERED RESEARCH ANALYST AND INVESTMENT ADVISER." This analysis is intended solely for informational and educational purposes only and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
NSE:KALYANKJILLong
by Karanshah137
KALYAN JEWELLERS how much it can go up?Wave (c) of Elongated Flat Correction finished near 420 price level in KALYAN JEWELLERS. It is observed that whenever there is Elongated Flat Correction (wave (c) will go beyond 161.8% extension), the price further tends to go in Double Correction. Now, after every Flat Correction, price will go 61.8% retracement of entire move most of the times. So we can assume here that KALYAN JEWELLERS will continue in uptrend upto 61.8% (near 652 level) and here it may form wave (X) of Double Correction. Price may then reverse again to form wave (Y). This analysis is based on Elliott Wave theory and Fibonacci. This not any buying or selling recommendations. This analysis is for educational purposes only.
NSE:KALYANKJIL
by theprofityogi
1
KALYAN JEWELLERS - SELLING PRESSURE TO CONTINUE AFTER PULLBACKSymbol - KALYANJIL Kalyan Jewellers has experienced a significant sell-off in recent months, with the stock falling by more than 40%. Historically, such large sell-offs tend to indicate that recovery in the short term can be difficult, as sentiment turns heavily negative and market participants may remain cautious. This suggests that the bearish pressure may persist for a while, and a quick recovery seems unlikely without a significant shift in market sentiment. We are seeing some pullback and relief rally due to good quarterly results, which has provided a temporary boost to the stock. However, despite this short-term bounce, the overall trend remains bearish, and it is expected to continue until the stock can break above key resistance levels. The trend for Kalyan Jewellers is currently bearish, and this is likely to continue until the stock price manages to break above the key resistance level of 560. Until this level is taken out on the upside, the stock remains vulnerable to further downside pressure. The market is showing signs of weakness, and this trend may not reverse easily in the near term. In terms of price targets, we could see the stock testing the 520-540 area, which could act as a short-term resistance or consolidation zone. However, it is likely that any bounce from CMP will be temporary, and the stock may fall back after testing this range. The outlook remains cautious, and the stock could potentially test lower levels. Resistance levels: 545, 560 Support levels: 440, 400 Technically, the bearish trend is expected to persist unless the stock manages to break and sustain above the 560 resistance level. Any retest of the 520-540 support zone should be carefully monitored, as failure to hold this level could suggest further downside risks, with the potential for the stock to continue its decline toward the 440 area & below. Entry (on retest of resistance), SL & Target levels are indicated on the chart.
NSE:KALYANKJILShort
by akshit_official
LONG On Kalyan JewellersHere are all the insights of the recent report published by the company ### **Kalyan Jewellers Financial Analysis and Investment Recommendation** #### **Overall Financial Performance:** 1. **Revenue Growth:** - **Q3 2024 Revenue:** ₹72,888 million, up from ₹60,654 million in Q2 2024 and ₹52,230 million in Q3 2023. - **9-Month Revenue:** ₹188,878 million, significantly higher than ₹140,133 million in 2023. - Strong revenue growth is driven by festive demand and new store openings. 2. **Profitability:** - **Q3 2024 Net Profit:** ₹2,186 million, up from ₹1,803 million in Q3 2023. - **9-Month Net Profit:** ₹5,265 million, up from ₹4,587 million in 2023. - Margins are stable, and profitability is improving with strong consumer demand. 3. **Expenses & Costs:** - **Cost of materials consumed:** ₹63,528 million in Q3 2024 (major contributor to total expenses). - **Advertisement & Promotion Costs:** ₹1,106 million in Q3 2024, showing continued brand investment. - **Finance Costs:** ₹876 million in Q3 2024, stable compared to previous quarters. 4. **Debt & Liquidity:** - No major debt concerns; company remains well-capitalized. - Disposal of non-core assets (aircraft sale) improved cash flow. --- ### **Investment Recommendation:** ✅ **Reasons to Invest:** - Strong **revenue and profit growth**. - **Expanding market share** with new store openings. - Strong **brand recognition and festive demand** driving sales. - No major debt concerns, **solid financial position**. ❌ **Risks & Concerns:** - **Gold price volatility** affecting margins. - **High marketing expenses** impacting net margins. - Competitive industry with **changing consumer preferences**. **Final Verdict:** 📌 **Kalyan Jewellers is a strong long-term investment with solid revenue growth, expanding market presence, and brand strength. However, short-term fluctuations due to gold prices and marketing expenses should be considered.** --- - 📈 **Revenue is consistently growing**, reflecting strong sales momentum. - 📉 **Net Profit increased significantly** in Q3 2024, indicating improved profitability. - 🔺 **Expenses have also risen**, mainly due to material costs and marketing spend. This confirms that **Kalyan Jewellers is on a strong growth trajectory**, making it a solid **long-term investment**. 💎📊
NSE:KALYANKJILLong
by Aayushjain_
Kalyan Jewellers cmp 787.90 by Daily Chart viewKalyan Jewellers cmp 787.90 by Daily Chart view - Price Band 778 to 787 Resistance Zone soon to be Support Zone - Daily Support at 748 > 710 > 666 with Resistance at ATH 795.40 done today - Bullish Cup & Handle with the neckline at Resistance Zone soon to be Support Zone - Positive indicators of MACD, RSI with Price hovering well above EMA 20, 50, 100, 200 - Volumes gradually aligning with avg traded qty indicative of pre breakout accumulation
NSE:KALYANKJIL
by PIYUSHCHAVDA
Uptrend Uproar: 3 Stocks with Strong Technical Momentum◉ Jubilant Foodworks NSE:JUBLFOOD ● The stock price has consolidated and formed a Cup & Handle pattern. ● Following a recent breakout, the price is now set for an upward movement. ◉ Kalyan Jewellers NSE:KALYANKJIL ● Amid a strong upward trend, the stock price took a breather and formed an Inverted Head & Shoulder pattern. ● A breakout is anticipated soon, which could propel the stock to new heights. ◉ United Spirits NSE:UNITDSPR ● The stock is on a robust uptrend and has developed a Rounding Bottom pattern, indicating a probable continuation of this trend. ● After a recent breakout, the price is positioned to rise further.
NSE:JUBLFOODLong
by GoodluckCapital
Love is in the Air: Top Wedding Stocks in this season◉ Abstract The Indian wedding industry is a huge part of the economy, worth about ₹10 lakh crore (around $130 billion), making it the fourth largest industry in India after food and groceries. Families spend a lot on weddings, often around ₹12 lakh (about $15,000), which is more than what they spend on their children's education. Every year, India sees around 80 lakh to 1 crore weddings, mostly during the busy season from October to December. This industry includes important sectors like jewelry, clothing, hospitality, and travel, with bridal jewelry making up over half of all jewelry sales. As incomes rise and people spend more on luxury weddings, the industry is expected to grow even more, supported by government efforts to promote India as a top wedding destination. Read full analysis here: ◉ Introduction The Indian wedding industry is a vibrant and expansive sector, estimated to be worth approximately ₹10 lakh crore (around $130 billion), making it the fourth largest industry in India, following food and groceries. This industry is characterized by its cultural significance and economic impact, driving consumption across various sectors. ◉ Overview of the Indian Wedding Industry ● Economic Significance ➖ The Indian wedding economy is a major driver of economic activity, with families spending substantial amounts on weddings, often exceeding expenditures on education for children. On average, an Indian wedding costs around ₹12 lakh (approximately $15,000). ➖ The industry is projected to grow significantly, with estimates suggesting it could expand by 3.7 times over the next five years due to rising incomes and changing consumer preferences. ● Wedding Season Dynamics ➖ India hosts about 80 lakh to 1 crore weddings annually, primarily peaking between October and December. This period coincides with festive seasons, further boosting spending. ➖ Weddings in India are known for their grandeur and can include elaborate celebrations lasting several days, often with thousands of guests. ◉ Three Major Sectors Within the Industry The Indian wedding industry encompasses various sectors that contribute to its overall growth: i. Jewellery: ➖ This sector is the largest beneficiary, with bridal jewellery accounting for over 50% of all jewellery sales in India. Stock to keep on radar from this sector: 1. Titan NSE:TITAN 2. Kalyan Jewellers NSE:KALYANKJIL 3. Senco Gold NSE:SENCO ii.Apparel: ➖ Weddings contribute to around 10% of the apparel market, with significant demand for bridal wear. Stock to keep on radar from this sector: 1. Vedant Fashions NSE:MANYAVAR 2. Aditya Birla Fashion & Retail NSE:ABFRL 3. Arvind Fashions NSE:ARVINDFASN 4. Raymond NSE:RAYMOND iii.Travel and Hospitality: ➖ Destination weddings are gaining popularity, leading to increased demand for hotels and travel services. Stock to keep on radar from this sector: 1. The Indian Hotels NSE:INDHOTEL 2. EIH Limited NSE:EIHOTEL 3. Chalet Hotels NSE:CHALET 4. Interglobe Aviation NSE:INDIGO ◉ Future Prospects The Indian wedding industry is expected to continue its robust growth trajectory due to: ● Increasing disposable incomes among the younger population. ● A growing trend towards luxury spending on weddings. ● Government initiatives like the "Wed in India" campaign aimed at promoting India as a premier wedding destination globally. ◉ Conclusion In conclusion, the Indian wedding industry not only holds significant cultural importance but also serves as a powerful economic engine impacting various sectors across the country. As consumer preferences evolve and economic conditions improve, this industry is poised for substantial growth in the coming years.
NSE:TITANLong
by GoodluckCapital