Longterm
PEL - Ready For Stage 2 Breakout on Weekly ChartPiramal Enterprises Ltd shows bullish technical patterns that indicate a potential upward movement if certain breakout conditions are met.
Here’s a detailed technical analysis:
Long-Term Downtrend: The stock was in a prolonged three-year downtrend, followed by a 2.5-year consolidation range, indicating that the stock was in a base-building phase after a significant decline. This consolidation suggests that sellers have been exhausted, and the stock may be preparing for a reversal.
Cup and Handle Pattern: The chart forms a classic cup and handle pattern, a reliable bullish continuation pattern. The "cup" spans approximately 53 weeks, and a handle has recently formed. This pattern indicates potential for an upward breakout if the stock closes above the handle’s resistance.
Stage 2 Breakout Area: A strong horizontal resistance line marks the breakout area for Stage 2. This is the critical level the stock needs to break above to confirm the cup and handle pattern, signaling the beginning of an uptrend.
Higher Low Base: During the formation of the cup, the stock established a higher low base, showing strengthening buyer interest and reducing downward pressure. This higher low base reinforces the bullish setup, as it signifies accumulation.
Volume: Volume appears to be rising as the stock approaches the breakout area, a positive indicator that there’s growing interest and that the breakout could be strong.
Targets: If the stock breaks above the handle resistance, it could achieve the following projected targets:
Target 1: ₹1,270
Target 2: ₹1,400
Target 3: ₹1,500
Entry Point: The recommended entry point is above the handle breakout, as this would confirm the cup and handle pattern, providing a strong bullish signal.
Conclusion
The chart of Piramal Enterprises Ltd indicates a potential bullish reversal after a prolonged downtrend and consolidation phase. A successful breakout above the handle would confirm the cup and handle pattern, leading to potential gains toward the outlined targets. Rising volume and a stable higher low base support this bullish outlook.
Dr Reddy is Ready to fly in blue sky, Short term Trading Idea .I hope you all will be doing good in your life and your trading as well. I have brought a stock which has formed a pull back pattern and taken support at previous breakout zone. Stock name is Dr. Reddy's Laboratories Ltd and it is a leading India-based pharmaceutical company which offers a portfolio of products and services, including Active Pharmaceutical Ingredients (APIs), Custom Pharmaceutical services (CPS), generics, biosimilars and differentiated formulations.
Stock is good for short term trading idea as it has taken support in the previous breakout zone. Stock is good for long term investing as well. This can be best SIP stock to invest and get handsome returns in future.
Market Cap
₹ 1,09,439 Cr.
Current Price
₹ 1,312
High / Low
₹ 1,421 / 1,041
Stock P/E
19.7
Book Value
₹ 339
Dividend Yield
0.61 %
ROCE
26.5 %
ROE
21.4 %
Face Value
₹ 1.00
Industry PE
34.5
Debt
₹ 2,002 Cr.
EPS
₹ 66.7
Promoter holding
26.6 %
Intrinsic Value
₹ 1,033
Pledged percentage
0.00 %
EVEBITDA
12.3
Change in Prom Hold
-0.01 %
Profit Var 5Yrs
24.4 %
Sales growth 5Years
12.6 %
Return over 5years
18.9 %
Debt to equity
0.07
Net profit
₹ 5,565 Cr.
ROE 5Yr
16.7 %
Profit growth
17.8 %
Earnings yield
6.77 %
PEG Ratio
0.81
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
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Invest Anuras Rasayan 45% already Reduced. Cheap price BUYPromoter holding 60% that means company is healthy and market capital also good.
already 45% reduced from all time high 1230 .
we may invest and hold upto 60%. 30% expected.
Buy/Entry 1 - 670
Buy/Entry 2 - 620
Sell/Exit 1 - 880
Sell/Exit 2 - 1060
Mphasis still look good in heavy bearish market (Long term)“Hello everyone, Mphasis stock look good Despite the heavy market fall, it is performing well.
After a cup n handle break has occurred.
The volume is also great in this stock, and the relative strength is above 60.
It seems like the stock can maintain long-term momentum.”
Above all, given information is only for educational purpose, Before trade do your own analysis.
Long Term & Short Term Investing Always Invest Minimum For 4.8 Year. You Can Get Better Then Mutual Fund Longterm Investing Minimum Time is 4.8 Year.
For Longterm Investment I Prefer 1000-1500 CR Market Cap Company Below 3 Year I Invest in SME /MicroCap.
Small Company High Risk So Can’t Assume 5-10 Year Plan.
Disclaimer : This is NOT Investment Advice. This Post is Meant for Learning Purposes Only. Invest Your Capital at Your Own Risk.
Happy Learning. Cheers!!
Shyorawat Arun Singh ❤️
(@Shyorawat_ArunSingh)
Founder : Shyorawat Capital
JAIPRAKSH POWER VENTURENSE:JPPOWER
fundamental looks good and below scenario might be possible
Technically stock is consolidating between 17 to 21 from last 52 weeks and recently it breaks 21 level. So I will make long position after breakout of 52 weeks which is 24 (if sustain) with stoploss below 21 (if sustain). No position until 24 has been crossed.
NOTE - This is my opinion not recommendation. So do your own analysis and make positions accordingly. Ping me personally if you have long term horizon
Bajaj Hind SugarBajaj Hind Sugar best opportunity investment
Sugar Manufacturing: BHSL is a major producer of sugar in India. It has a large sugarcane crushing capacity of 136,000 tonnes crushed per day (TCD). The company produces sugar in different sizes and grades, such as large, medium, and small.
Ethanol Production: BHSL is also a leading manufacturer of ethanol. It has six distilleries with a capacity to produce 800 kilo liters per day (KLPD) of industrial alcohol.
Power Generation: The company generates power from bagasse, a byproduct of sugarcane crushing. It owns 14 co-generation plants with a total power generating capacity of 449 MW.
Byproducts: BHSL produces various byproducts from its manufacturing processes, including molasses, bagasse, fly ash, press mud, and bio-compost/bio-manure products.
Investor Relations: BHSL remains committed to protecting investor interests through strong financial performance and profitability. The company consistently works on enhancing its operational and financial efficiencies.
Bajaj Hind SugarBajaj Hind Sugar best opportunity investment
Sugar Manufacturing: BHSL is a major producer of sugar in India. It has a large sugarcane crushing capacity of 136,000 tonnes crushed per day (TCD). The company produces sugar in different sizes and grades, such as large, medium, and small.
Ethanol Production: BHSL is also a leading manufacturer of ethanol. It has six distilleries with a capacity to produce 800 kilo liters per day (KLPD) of industrial alcohol.
Power Generation: The company generates power from bagasse, a byproduct of sugarcane crushing. It owns 14 co-generation plants with a total power generating capacity of 449 MW.
Byproducts: BHSL produces various byproducts from its manufacturing processes, including molasses, bagasse, fly ash, press mud, and bio-compost/bio-manure products.
Investor Relations: BHSL remains committed to protecting investor interests through strong financial performance and profitability. The company consistently works on enhancing its operational and financial efficiencies.
Nifty 30K: in 2024 or 2025?Hello guys here is a bullish view and some technical analysis on nifty50.
As per the trend, we can see that a bullish pattern has been formed in the nifty chart, and if we consider that it will go up the same as its previous leg the target is coming near 30k
so whoever is thinking that it is taking time to bear please have some more patience guys and be with the trend, you never know how long this rally can be continued
In my view, global investors have to make positive and huge returns to maintain their fame and positive return cycle year after year, and right now apart from India, there is no country in place for these types of investors and market players.
Also as we can see per capita income is growing in India and as per that consumption will also grow eventually that will lead to industrial profit growth and compounding profits will lead the market to a higher and higher position surely there will be a fast correction in nifty for about 15-20% also but that will be a buying opportunity.
for the next 20 years, India is still going to see a huge rally or I can say an upward journey so be with trend long term investors and for short term traders wait for the levels and pattern to confirm that we are heading downwards.
DEEPAKNTR - Best time to buy for long termThe stock is in a strong uptrend after breaking out of a long consolidation phase. It has filled a previous gap and formed a new base, signaling continued bullish momentum.
Entry: Current levels around ₹2,896.
Target 1: ₹3,450
Target 2: ₹3,800
Stop Loss: ₹2,650 (below the breakout level).
HDFC BANK - AN INVESTMENT PICK AT MOUTHWATERING VALUATION?The HDFC Bank extended decline today, after marking its biggest single-day drop since March 2020.In the last two days alone, HDFC Bank has corrected more than 12%.
This decline is fine but there's another picture to it which no one is talking about.
While there is so much panic among investors and traders but this panic can be a good investment opportunity.
There exists a curve resistance at long term charts around 1700-1720 levels which HDFC respected this time also and fell from that level.
On the other hand, If we talk about technical patterns, There is a clear Inverse Head & Shoulders pattern in making at long term charts. Such long term chart patterns don't fail most of the time.
HDFC current market price is 1500 and It is trading at a support zone of 1480-1500 & valuation is good at cmp.
Inverse Head & Shoulders pattern breakout level is 1690-1700.
Breakout of this pattern will take it to 2200 levels which is approximate 46-47% upside from current level. Incase It falls further, then It can be added more at 1450-1420-1400 levels.
This could be a great investment for long term investors.
LLOYDS Entp ltd; Ready to shoot up; min 80-100% RoiHuge potential is there.
For short term investment ;
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Very close Stoploss is Enough
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Wait for small retracement & daily candle to close above - "42"
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This may be Slow and Time taking stock, but good for investment Portfolio.
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Enter after market Breaks
"Yellow box" mentioned.
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Don't make complicated trade set-up.📈📉
Keep it " simple, focus on consistency "💹
Refer our old ideas for accuracy rate🧑💻
Valuable comments are welcomed-✌️
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Refer over old posted idea attached below.