Longterminvesting
Trade Idea #13, CANBANK | Long-term target - 350The reason for 350 Target:
1) The overall setup is bullish
2) The price is trading in a Channel Pattern Monthly TimeFrame , Zoom out to know why I have mentioned the target as 350
3) The bank is taking some reforms and will be one of the top-performing banks in India.
Educational Purposes!
Indian Bank - Merger diving the rally.A short term view :
The stock is showing a turnaround in the higher timeframe setup. The reason is obviously the merger as the major momentum came after the budget.
For now the flag pattern is emerging and a breakout in the upper direction can give a good push and good returns.
A long term view :
No doubt Allahabad bank has the largest number of fixed assets compared to other banks in the country but the NPA's too, rising on average of 5% p.a. for the last 3 years.
Forget the the bank acquired, Indian Bank NPA's rose at 17% average for the same period.
NPA's (Gross) do not affect the stock prices as much as they are tend to be commercialized in the journals. Although, the relationship is significant but not very strong.
The story is a bit different with Net NPA or Provision.
With that said, the bank still shows signs of a high curvature from the last trajectory.
Tata Power Long TermRevenue up in Mar 31, 2020 291,363.70 from Mar 31, 2019 298,810.60
Net Change in Cash 17,728.70 from Mar 31, 2019 -8,830
Total Assets 897,481.50
Total Liabilities 701,821.30
After corona effect power consumption at record high this year so hopeful this stock
Investing for 2 Year
in Pyramiding Style
Entry at 85 CPM on DCB
Stop Loss at 75 for Current Trade
after successfully enter in this trade will shift the Stop loss on Weekly Close Basis
This is for Educational Purpose only not for investing
#Invest on your own risk
💡180 - 365 DAYS HOLDING PICK💡 -💡 HAVELLS 💡BASED ON MONTHLY CHART REASONS
ROUNDING PATTERN AFTER A BIG RALLY
ADX & RSI GUD SUPPORT TOWARDS BULLISH TREND
COMING TO DAILY FRAME WE SEE
SMALL ASCENDING TRIANGLE FORMATION
LAST FEW DAYS HAS SHOWN FALL YET OSCILLATORS ATTACHED WITH MONTHLY FRAME - ARE ON DAILY FRAME TOO IN SUPPORT OF OVERALL BUYERS MOOD
in.tradingview.com
JOINING BOTH LONG TERM TIME FRAMES - THIS SCRIPT CAN BE PICKED AS AN INVESTMENT
disclaimer - join your own view before investing,
Nifty : Upmove is near completion. Downtrend to 10800 or further
Since March 24, 2020 Nifty had begun its D wave of a NEUTRAL TRIANGLE (a special type of NeoWave pattern). This D wave has formed a Bow-Tie Diametric pattern.
All calculations are marked in the chart.
As G wave of a diametric pattern tends to equal A wave, the possible culmination of this wave is very near at 13100 levels and E wave of the NEUTRAL TRIANGLE pattern will soon commence.
Second possibility of D wave completion is a Trendline resistance of 12800-12900 levels. In this case we may a fall in Nifty from 12 Nov 2020.
As E wave of this NEUTRAL TRIANGLE will traverse below 10800 before Jan 2021 .
Investors can invest to build a good equity portfolio during this fall.
Wish you all a very Happy Diwali and Happy Investing.
UPL to fill the sentimental gapUPL will fill this gap that was caused by a sentimental reaction to a news that broke out which should ideally not create any pressure because both the parties involved (UPL and KPMG) have come out and cleared the air about the news reported.
NOT INTRADAY trade.
But at current levels.
Target at 515.
Stop loss at 456.
Duration: 1 month.
To reiterate, it's a fantastic company fundamentally.
Leading Diagonal On Bharti Airtel can Lead to 1K+DISCLAIMER:There is no guarantee of profits or no exceptions from losses.
Technical analysis provided on the chart is solely the personal views of my research.
You are advised to rely on your own judgments while investing/Trading decisions.
Past performance is not an indicator of future returns. Investment is subject to market risks.
Seek help of your financial advisors before investing/trading.
--------------------------(((((LIKE)))))-----------------------------
Currently in corrective Waves post forming Leading Diagonal Elliot Wave Pattern.
It corrected 50% of previous Rally and now heading towards 390 61.8% retracement next 330 which is 78.6% Fibonacci retracement.
Any Dips towards 400, 360 add opportunity with SL 320 on Daily closing basis for long term target 550,612,1k.
Conservatives can wait for break and close above wave v, 612 to confirm this analysis.
A good opportunity of buying ZEEL NSE:ZEEL
Buy signal if price holds above level 225 then it can be a good signal
As the stock has given a breakout and also a up trend double bottom. Can buy for a long term pick.
Fundamentally :-
Current price is less than the intrinsic value.
long term Debt to Equity is very low.
Very less promoter pledged share.
Evolving Business model.






















