Long!!!!
DEN Network - Multiyear BreakoutDEN Networks Limited is a cable television distribution company. The Company is engaged in distribution of television channels through analog and digital cable distribution network and provision of broadband services.
TTM EPS: 5.71
TTM PE: 8.25
P/B: 0.75
Face Value: 10
Mkt Cap (Rs. Cr.): 2,247
Sector PE: 30.81
Book Value Per Share: 63.15
Positives:
Strong Momentum: Price above short, medium and long term moving averages
Company with high TTM EPS Growth
Growth in Quarterly Net Profit with increasing Profit Margin (YoY)
Company with No Debt
Book Value per share Improving for last 2 years
Company with Zero Promoter Pledge
FII / FPI or Institutions increasing their shareholding
Near 52 Week High
Stock with Low PE (PE < = 10)
RSI indicating price strength
High Volume, High Gain
Negatives:
Inefficient use of capital to generate profits - RoCE has declined in the last 2 years
Decline in Net Profit with falling Profit Margin (QoQ)
NOT A RECOMMENDATION. JUST FOR EDUCATION PURPOSE. Thanks
Prescription for Profit: Unlocking Glenmark Pharma's Potential.Glenmark Pharma, CMP - Around 788
If the closing price of Glenmark Pharma surpasses 797, I am contemplating a buy position above the 800 mark. To mitigate potential losses, a stop-loss order will be strategically placed below 760. Our anticipated price targets are set at 840 and 880, with consideration for trailing if market conditions prove favorable.
Hindustan Copper: Charting a Fresh Rally After Breakout📈 **Weekly Time Frame Analysis:**
Sharing the weekly chart of Hindustan Copper, a stock that personally appears quite promising. Here's why:
1. Fresh Breakout: Witness a new breakout on the chart, signaling a potential bullish trajectory.
2. Retest at 197: Notably, the price (197) has been retested in the daily time frame, adding to the positive outlook.
Key Observations:
- Persistent Resistance: The stock had long-standing resistance from a trend line, which was convincingly broken in Feb 2021.
- Rally and Retest: Following the breakout, a substantial rally ensued, and the stock retraced to touch the trend line, confirming it as a retest.
Anticipating a New Rally:
Given these patterns, the stock seems poised for another potential rally. What are your thoughts?
Apollo Hospital 1 Hour Time Frame - 28th DECApollo hospital has been bullish in past 3 days after it formed a positive reversal in the Daily-Time-Frame and took support at 5275 close to the 50 SMA.
Today im observing a positive reversal once again in the 1Hr Time Frame.
My Entry in Apollo Hospital would be at 5688, with a stop loss at 5653 and a target at 5759.
Happy Trading!!
Alembic Ltd Weekly Analysis for Long duration NSE:ALEMBICLTD Weekly Analysis for long period
Trendline Breakout and sustained above strong support with LH LH structure
Buy Above 77 only of it sustained and give clear breakout with SL of 65 Strong Support as it was strong resistance since the beginning of its launch (1999).
T1 85
T2 98
T3 115
USDCAD LONGthis trade was taken for a long as soon as it passed the first break-out zone that was fixed by looking at the support and resistance zones that were set and once the target zone was crossed the force that it went was so fast that it hit the resistance zone in no time but what was predicted that it would cross the resistance zone and shoot out bullish didn't happen so had to take profit
Mistakes to be corrected :
entered in the middle of the trade by missing the trade alerts and set up
Analyzing Apollo Tyre : an opportunity to go LongApollo Tyre appears to present a favorable opportunity for a long position. I've outlined the entry price, stop loss, and target levels for this stock within the chart.
Please keep in mind that these are my personal opinions, and I don't recommend you follow them as stock tips. I encourage you to study the chart and share your feedback so that we can collectively enhance our understanding as a community.
Analyzing Indigo: an opportunity to go LongIndigo appears to present a favorable opportunity for a long position. I've outlined the entry price, stop loss, and target levels for this stock within the chart.
Please keep in mind that these are my personal opinions, and I don't recommend you follow them as stock tips. I encourage you to study the chart and share your feedback so that we can collectively enhance our understanding as a community.
Analyzing Axis Bank: an opportunity to go LongAxis Bank appears to present a favorable opportunity for a long position. I've outlined the entry price, stop loss, and target levels for this stock within the chart.
Please keep in mind that these are my personal opinions, and I don't recommend you follow them as stock tips. I encourage you to study the chart and share your feedback so that we can collectively enhance our understanding as a community.















