INFY BREAKOUT ON Daily TF and Weekly TFInfosys (INFY) has been in a prolonged phase of consolidation, repeatedly testing a well-established resistance level over time. Despite multiple attempts, the stock consistently retracted from this level without delivering a decisive breakout. However, INFY has now closed convincingly above this resistance on both the Daily and Weekly time frames. This breakout suggests a strong potential for an imminent upside, supported by technical confirmation.
This setup presents a favorable risk-reward trade opportunity, with minimal risk due to the narrow stop-loss range. For investors with a long-term perspective, INFY also offers the possibility of substantial gains, even without relying on a stop-loss strategy. The breakout marks a critical juncture, highlighting its potential for sustained bullish momentum.
Longterm
Mazdoc wait for a breakout.Positional/longterm candidate.
Very Deep SL(26%) so do not bet big and buy at once. Slowly expose. Position size properly or else good chances of burning your hands.
-Narrow range candles forming at a resistance level
-Wait for a breakout with good volume and a wide clean candle. Safe traders wait for a day close.
Study the chart and make a decision. This is just a view and not a buy/sell recommendation.
Keep Buying Hyundai!!Keep Buying Hyundai, this is not less then a golden opportunity for a long term investor to invest in hyundai motor india, as the company's stock price is trading at a Good discount price from it's IPO Price. Company's Fundamentals are Pretty Nice and Company is expected to Give Good Quarter as well as Year-on-year Profit and EPS Growth. it wont be Shocking for me to See Hyundai become the next Maruti in coming 2 or 3 Years.
ONGC - Great Price Action Stock to Study!Retracement would be better with that said aggressive entry can also be found in the Daily time frame.
I will be posting the same in the follow-up trade soon...
- Stay updated for further insights and trade safely!
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
TRENT Stock: Key Levels, Trends, and Trading StrategiesTrend Analysis
Primary Uptrend:
The stock has been following a strong upward channel, as shown by the blue trendlines.
Over the past months, the price has consistently respected these trendlines, indicating strong investor confidence and sustained buying pressure.
Current Channel Movement:
The price is trading within a secondary ascending channel, showing shorter-term consolidation within the broader trend.
This setup suggests that while the uptrend remains intact, the stock is in a phase of measured growth.
Key Levels
Support Levels:
₹6,688.75: A critical near-term support level, highlighted in red. This level aligns with the lower boundary of the short-term channel.
₹6,353.25: The major support level that the price must hold to sustain the broader uptrend.
Resistance Levels:
₹7,081.15: A key resistance zone, which the stock has been testing recently.
₹7,234.70 and ₹7,445.10: Further resistances that could come into play if the stock breaks out above ₹7,081.15.
₹7,644.10: The ultimate resistance in the current setup, beyond which the stock could experience strong bullish momentum.
Volume Analysis:
A noticeable volume spike occurred during the last leg of the uptrend, signaling strong accumulation by investors.
Current volume trends are more subdued, suggesting a period of consolidation, which often precedes a breakout.
Key Observations
Bullish Flag Formation:
The stock is forming a bullish flag, a continuation pattern that often leads to further upside. A breakout above ₹7,081.15 could confirm this pattern.
Potential Scenarios
Bullish Case:
If the stock breaks ₹7,081.15 with strong volume, it could rally toward ₹7,234.70 and eventually ₹7,644.10.
Bearish Case:
If the stock breaches ₹6,688.75, the next support at ₹6,353.25 will be crucial to watch.
TRENT stock exhibits strong upward momentum, making it an attractive option for traders. A breakout above ₹7,081.15 could signal further gains, while buying near ₹6,688.75 support levels offers a favorable risk-reward setup. As always, implementing strict stop-loss levels and sound risk management is crucial to handle potential market volatility effectively.
Eid Parry - Breaking 5 Months Consolidation Phase
It has diversified business including sugar which have demand because of ethanol .And Other include nutraceuticals and bio-pesticides.
We have seen massive rise in OPM in recent quarterly results.
FIIs as well as DIIs haven't reduce their holding in September quarter.
Technical Setup :- Trying to break its 5 Month consolidation phase if closing above 880 Levels.
- RSI being at 57.37 suggesting positive momentum.
Disclaimer: The information provided in this analysis is for educational and informational purposes only and should not be considered as financial advice. I am not a SEBI-registered analyst or financial advisor. The views expressed here are my own and are based on my understanding and interpretation of the market. Please conduct your own research or consult with a qualified financial advisor before making any investment decisions. Investing in the stock market involves risks, and past performance is not indicative of future results.
EXXARO TILES LTD. LOOKS GOOD FOR SHORT TERM AS WELL AS LONG TERMHello, Everyone I hope you all will be doing well in your life and your investing as well. Here I have brought a stock that is mostly ready to give Breakout. Exxaro Tiles Ltd is the name of the stock. CMP is 96. Its IPO price was 120. And it's below that price. Once it will cross 100 to 120. Target as per fibbo 130, 150, 170 It may touch 225. 80 is a strong support. Mostly it will not break that.
About
Incorporated in 2008, Exxaro Tiles Ltd is a manufacturer and trader of refractory ceramic products
Key Points
Business Overview:
ETL is engaged in the manufacturing and marketing of vitrified tiles, with over 1,000 designs across 6 different sizes and a presence in 25 states and 6 countries.
Product Categories:
a) Double Charge Vitrified Tiles
b) Glazed Vitrified Tiles
c) Full Body Vitrified Tiles
d) Wall Tiles
e) Parking Tiles
Product Profile:
a) 3D effect in Double Charge
b) FGVT Tiles
c) More than 95% Glossy Tiles
d) Full-Color Body Vitrified Tiles
e) 4 Layer Nano+ Micro Polished Tech
f) High Gloss Tiles in GVT
g) Big GVT slab
Product Application:
Airports, Hotels, Interior Design & Furnishings, Retail Malls, Homes, Restaurants, Museums, Shops, Offices, etc.
Production Facilities:
Company has ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certified manufacturing
facilities located at Padra and Talod. It has a 14.6 million Sq. Mt. Production Capacity Per
annum for manufacturing glazed vitrified tiles.
In FY23, company did a production of ~9.45 Msm, Vol. ~10.85 Msm, Capacity utilisation ~67.98%
Clientele:
BAPS, Purvankara, Lodha, Rajhans, Shapoorji Pallonji, Amul, Welspun, Intas, Samsung, SBI, etc.
Network:
Company has a network of over 800 dealers and 2000+ touch points where its products are sold under “Exxaro” brand
Geographical Revenue Split - FY23:
Exports ~1%,
Domestic ~99%
Key Developments - H1 FY24:
a) Set up a manufacturing facility at the existing plant at Talod with capacity of 1.4 million sq. mtrs p.a
b) Large format GVT tiles admeasuring 9mm/20mm with thickness in various sizes of
800x2400, 800x3000, 800x3200, 1200x1800 & 1200x2400.
c) Capex for setting up the big slab production line was funded through internal accruals
with a revenue potential of Rs. 250 crores at full capacity
d) Purchased “SACMI CONTINUA” Technology from Italy, admeasuring 1600mm x 3200 mm to manufacture large glazed vitrified tiles/slabs
Brand Ambassador
The company signed Ajay Devgn as their brand ambassador. The company has budgeted ~1% of revenues for advertising and
sales promotions.
New Launches
In FY23, the company started production of the GVT Big Size Slab in a new manufacturing line at our Talod, Gujarat plant. This expansion required a Rs. 300 million capital investment funded internally. The GVT Big Size Slab, a premium product, replaces traditional materials like marble, granite, and quartz, boasting the latest technology.
This is just to boost my confidence. No Suggestions for buying.
Disclosure: I am not SEBI registered. The information provided here is for educational purposes only. I will not be responsible for any of your profit/loss with these suggestions. Consult your financial advisor before making any decisions.
BANK OF INDIA - ' W ' PATTERN BREAKOUT IN MONTHLY TIMEFRAME Can Enter at CMP or 101
Target - 180, 270, 420
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
JUBLPHARMA Breakout after 2018Below are the some points to go through for better analysis:
1. Breakout after 2018
2. Risk Reward is almost 2.5.
3. Did not fall even Nifty fall
Disclaimer:
Content shared on or through social site channels are 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.
KPIT - at 1 YEAR SUPPORT LEVEL Can Enter at 1330
if again falls then you need to average at 1230 level
Target - 1800,1930
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
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.
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.
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.