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EIH Limited: Hospitality Excellence and Trading Potential 🏨EIH Limited: Luxury Hospitality Player 🏨 Luxury and potential blend seamlessly! 🌟 Snapshot: EIH Limited, a prominent name in the hospitality sector, is in the spotlight. Operating luxurious Oberoi hotels and five-star Trident hotels, this company has carved a niche in the industry. Trading Insight: Remarkable consolidation over 64 trading days has caught our attention. This phase of consolidation might set the stage for a significant market move. Stay tuned as we keep an eye on EIH Limited for potential trading opportunities! 📊👀 (Note: This is not financial advice. Always conduct your analysis before making trading decisions.) #TradingView #StockAnalysis #EIHlimited #TradeOpportunity
NSE:EIHOTELLong
by Uday_Mandal
2
Reliance might finally give "Real Breakout"After the swift rally following the covid lows, reliance gained 200% within 1.5 years. And since then price went sideways. In past 2 years, reliance has given 0% return to those who bought at the top, or to anyone who bought in the range. This might change in coming period, and we can finally see Reliance making proper breakout, not the fake ones its been making over the past 2 years. The reason I believe so is because valuations have come to more reasonable level, seen during the covid period lows, not extreme undervaluation but more within the long term range. And with all the future enthusiasm there is about the business prospects of Reliance. I can easily see the upside coming in. Valuations are now in the range of 24-25x, down from overvaluation of 36-37x where it topped. So, yeah, things are falling in place for Reliance to lead once again. WATCH OUT THE NEXT BREAKOUT. IT MIGHT BE THE REAL ONE.
NSE:RELIANCELong
by rookietraderpro
EURUSD AT DECISIVE LEVELShould the price drop to 1.0667 and subsequently rebound, it's advisable to verify this move on the hourly chart. In this context, validation entails monitoring the Relative Strength Index (RSI) for two key conditions: it should enter the overbought zone, and a distinct buy signal should emerge (Buy OB). Once these criteria are met, consider entering a long position, while exercising caution by setting a tight stop-loss at 1.0635 . If the price breaches the level of 1.0635 , it is advisable to liquidate all existing long positions, as this indicates a potential break in structure.
Long
by breakout_ninja
HDFC BANK institutional buying zone HDFC bank has been in this range since about 300 days and has always bounced back from this institutional buying zone where big players accumulate. It has approached this range again giving a beautiful risk to reward ratio of 1:3 and more. As seen in the past, on the break of this minor downward trend, the market rallies to the resistance zone hence we should follow the past. Position Sizing is recommended... What is position sizing? It is when you first add half your position to check If the market is saying you are right or wrong, if the market moves in your direction, you will add your second half and tighten your stop loss. This way you add two positions but one only when the market shows you that you are correct. Example: Suppose your risk is 100 per trade, You first buy enough Qt to risk only 50 ( Typically with a larger stop) and if the market forms a green candle or another bullish sign, you add another Qt to risk 50 more ( Total risk 100) and your second stop loss becomes tighter ( most probably at the breakeven of the first position) this way you minimise your loss but ur reward is the same and even more. If your first stop gets hit, you accept your mistake and move on. Hence, if one does go long, I personally am buying as close to the zone as possible and then will be adding more as the trendline breaks. Volume isn't a key indicator here since it has been high in the past as the market approached this zone and still rallied upwards. Targets marked on the chart. Keep It Simple
NSE:HDFCBANKLong
by Krish_Kohal
12
Is IRCTC ready to burst ?Hello, guys. I hope you are doing well. Today, we will take a deep dive into IRCTC. Please read until the end to gain a complete understanding of this stock and its potentiality. The chart is self-explanatory, so we will keep the technical analysis brief. The stock had been consolidating in a descending triangle pattern for the past two years. After a really big move It has corrected by 50%. Recently, it broke out of this pattern and has started forming a new ascending triangle pattern, indicating a potential upcoming breakout. Fundamental:- In terms of fundamentals, it's needless to say that it is a government owned company, authorized exclusively by the Indian government to provide online railway tickets, catering services, and packaged drinking water at railway stations and on trains in India. Revenue Breakout As per 2022 data:- Internet Ticketing: Approximately 54% Catering: Approximately 27% Railneer (Packaged Drinking Water): Approximately 9% Tourism: Approximately 8% State Teerth: Approximately 2% Future Planes:- >>Company plans to enter the budget hotel service industry. >>Company intends to establish an e-marketplace offering services such as bill payment, recharges, and other third-party services, including online insurance purchases. >>The company has plans to explore segments such as Helicopter Travel and medical tourism. >>The company also plans to expand its non-rail based tourism offerings, including corporate travel business, cruise packages, river packages, and air ticket services. Financials:- >>The company is almost debt-free. >>It's anticipated that the company will perform well in the upcoming quarter. >>Over the last 5 years, the company has consistently achieved a strong profit growth of 34.9% annually. >>The company has a solid track record of return on equity (ROE) with a 3-year ROE of 34.6%. >>The company has consistently maintained a healthy dividend payout of 43.0%. >>FII, DII holdings are still increasing. Key Risks:- I have mentioned all the positive aspects of the company, but there are some key risks associated with the company that you should be aware of: 1.The company is government-owned, which means it can be highly sensitive to both positive and negative news. Any adverse news can lead to a significant decline in its stock price. 2.This stock also experienced price manipulation in 2021. 3. If any pandemic situation comes it can experience a substantial correction. My commentary:- We have recently observed that railway-based companies have started to gain momentum. Now, the question is, will IRCTC follow the same? My answer would be that it's possible because if the price breaks the recent pattern with strong volume, then it can potentially make a significant move. Do consider pressing the boost button🚀🚀, It helps me bring more interesting analysis. And if you've any question and suggestion please feel free to post in comment section. Note: This is for informational purposes only. Do your own research before investing.
NSE:IRCTC
by BullishLine
4
Enter on price crossing up.NSE:CROMPTON is at the key levels; and the crossover if happens will give a good upside: Key Levels: Entry Price: ₹301.70 Target Price: ₹311.95 Stop Loss: ₹291.30 Detailed Technical Analysis: 1️⃣ We are observing a resistance at around ₹300.17. If the stock breaks this level, we can expect it to rise towards the target level of ₹311.95. 2️⃣ The Parabolic SAR issued a 'Buy' signal on 4th August 2023, indicating a potential bullish scenario. 3️⃣ Our analysis predicts a bullish crossover on the stock's RSI (Relative Strength Index) in the near future. This reinforces the 'Buy' signal. 4️⃣ We also observe a positive crossover in the Fisher Transform, suggesting an upcoming positive price movement. We recommend implementing the key levels (entry price, target price, stop loss) into your trading strategy. Best Regards. #PhenogenSolutions #StockAnalysis #CromptonGreaves #TechnicalAnalysis #TradingStrategies Disclaimer & Disclosures: This analysis is based on publicly available data and is intended for informational purposes only. It should not be considered as investment advice. Finogent Solutions LLP is not responsible for any losses incurred based on the information provided. Investors should conduct their own research and consult with a financial advisor before making any investment decisions.
NSE:CROMPTONLong
by finogent
KCP Ltd. Bullish Inverted H&S BreakoutHi, An inverted Head and Shoulder pattern is emerged on the Daily Chart of NSE:KCP with good volume. One can create a fresh position in the scrip at 115 with SL of Rs. 105 on closing basis for 1st traget of 125 and 2nd target of 235. The risk to reward ratio is 1:2 Exit the position if the stop loss is triggered on DCB. DO YOU WANT ALL MY RESEARCH FOR FREE THEN DON'T FORGET TO FOLLOW ME. I AM EAGERLY WAITING FOR YOUR COMMENTS ON THE STUDY... Disclaimer: Content shared is for information and education purposes only and should not be treated as investment or trading advice. Please do your own analysis or take independent professional financial advice before making any investments based on your own personal circumstances. Investment in securities are subject to market risks, please carry out your due diligence before investing. And last but not the least, past performance is not indicative of future returns.
NSE:KCPLong
by raigvivek