ATULATUL
First of time , my technical knowledge that good support on chart price and technical analysis the stock will definitely reach the given targets in few days and hope that our expectations will be fulfilled.
holdings :-)))
a) Promoters 45%
b)FIIs & DIIs 35%
c) Public 20 %
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"Disclosure : I am not Sebi-registered." This channel is for only educational purpose. Any profit/loss, I am not responsible.
Before taking any trade on our charts / calls, please consult your financial advisors. Thanks🙏
Longtermtrading
Large Rectangle Breakout Seen in GAIL India Ltd.Hello Traders, i have brought another analysis on a pattern breakout which called (Rectangle Pattern). Well i have marked and written most of the things on chart, but still i am gonna to teach you here guy's about this pattern so if you see this next time, at least you guy's will be able to trade. So Let's start:-
Q:- What is Rectangle Pattern and How to Use Rectangle Chart Patterns to Trade Breakouts?
Rahul:-
A rectangle is a chart pattern formed when the price is bounded by parallel support and resistance levels.
A rectangle exhibits a period of consolidation or indecision between buyers and sellers as they take turns throwing punches but neither has dominated.
The price will “test” the support and resistance levels several times before eventually breaking out.
From there, the price could trend in the direction of the breakout, whether it is to the upside or downside.
we can clearly see Above in GAIL chart that the pair was bounded by two key price levels which are parallel to one another.
So, Traders, i hope you Guy's have learned today how to Trade Rectangle Pattern, but Mates We just have to wait until one of these levels breaks and go along for the ride!
Remember, when you spot a rectangle: THINK OUTSIDE THE BOX! That's it.
So now let's focus about company background.
Incorporated in 1984, GAIL, a Government of India undertaking, is an integrated natural gas company in India. It owns over 11,500 km of natural gas pipelines, over 2300 km of LPG pipelines, six LPG gas-processing units and a petrochemicals facility. It also has a joint-venture interest in Petronet LNG Ltd, Ratnagiri Gas and Power Pvt Ltd, and in the CGD business in several cities. GAIL has wholly owned subsidiaries in Singapore and the US for expanding its presence outside India in the segments of LNG, petrochemical trading and shale gas assets.
Market Cap
₹ 76,074 Cr.
Current Price
₹ 116
High / Low
₹ 123 / 83.0
Stock P/E
18.4
Book Value
₹ 98.8
Dividend Yield
3.46 %
ROCE
9.79 %
ROE
8.69 %
Face Value
₹ 10.0
Debt
₹ 17,816 Cr.
EPS
₹ 6.32
PEG Ratio
5.93
Promoter holding
51.9 %
Intrinsic Value
₹ 309
Pledged percentage
0.00 %
EVEBITDA
10.8
PROS
Stock is trading at 1.17 times its book value
Stock is providing a good dividend yield of 3.46%.
Company is expected to give good quarter
Company has been maintaining a healthy dividend payout of 43.6%
CONS
Company has a low return on equity of 13.8% over last 3 years.
Earnings include an other income of Rs.2,947 Cr.
Important levels for GAIL India Ltd.
Buy in between 112-117.
Targets we can see 130/140+
Keep Stop loss at 108.5
Price is above 200 EMA
We have seen Proper Breakout of Large Rectangle Pattern in weekly timeframe.
with Good Volume
Price is sustaining above breakout trendline and it has given pull back to retest the levels
MACD and RSI has given bullish crossover (I have not placed RSI here as i want chart neat and clean but i have analysed already)
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.
Bull Flag Pattern Breakout and Retest seen in Dixon TechnologiesHello Traders, i have brought another analysis on a pattern breakout which called (Bull Flag Pattern). Well i have marked and written most of the things on chart, but still i am gonna to teach you here guy's about this pattern so if you see this type of Bull flag pattern next time, So at least you guy's will be able to trade. So Let's start.
Q:- What is Flag Pattern and How to Use this Flag Patterns when you see Breakouts in it?
Rahul Replies: - A bull flag is a continuation pattern that occurs as a brief pause in the trend following a strong price move higher. The bull flag chart pattern looks like a downward sloping channel/rectangle denoted by two parallel trendlines against the preceding trend. During this period of consolidation, volume should dry up through its formation and resolve to push higher on the breakout. The actual price formation of the bull flag resembles that of a flag on a pole hence its namesake.
These three elements are integral for the bullish flag to occur:-
The flagpole:- The asset’s price must trade higher in a series of the higher highs and higher lows.
Flag:- A consolidation must take place between two parallel trend lines;
A breakout:- The consolidation can’t take forever. A breakout to the upside activates the pattern, while a break of the supporting line invalidates the formation.
Guy's now i will tell how to use this Bull Flag Pattern if you see breakouts in it?
Buy when prices breakout above the consolidation pattern on high volume.
Place stop loss order below bottom of consolidation pattern or if you have short term view on particular stock which has given successfully breakout then you place below of breakout candle and ride the trade.
Guy's according to the study we have two types of Profits targets 1st one is, if you have short term view then you should go at least length of flag pattern and 2nd one is if you have long term view kind of investment purpose then you should go length of Flag Pole.
The main thing to look for in this pattern is volume. Volume confirms major moves and the likely hood that a breakout will be successful. In Dixon Technologies we have seen huge volume, which says this is a genuine breakout.
So guy's this was the process of Bull Flag Pattern. So if you spot this bull flag pattern in any stock or index you can go longer according to the setup i have told you. In our chart we have got double breakout, 1st breakout of flag pattern and 2nd we have seen for resistance zone which i have marked on chart.
I hope you guy's have understand now, how to trade bull flag pattern after breakout.
So now let's focus about company background.
Dixon Technologies (India) Limited is the largest* home grown design-focused and solutions company engaged in manufacturing products in the consumer durables, lighting and mobile phones/smart phones markets in India.
Market Cap
₹ 28,218 Cr.
Current Price
₹ 4,738
High / Low
₹ 4,968 / 2,553
Stock P/E
102
Book Value
₹ 216
Dividend Yield
0.04 %
ROCE
25.8 %
ROE
22.4 %
Face Value
₹ 2.00
Debt
₹ 200 Cr.
EPS
₹ 46.8
PEG Ratio
3.08
Promoter holding
34.0 %
Intrinsic Value
₹ 1,549
Pledged percentage
1.13 %
EVEBITDA
50.6
PROS
Company has reduced debt.
Company has delivered good profit growth of 33.2% CAGR over last 5 years
Company's median sales growth is 15.7% of last 10 years
CONS
Stock is trading at 22.0 times its book value
Important levels for DIXON TECHNOLOGIES:-
Buy in between 4750-4679 Range.
Targets we can see 5697/6493+ (Long term Targets will be 9704+)
Keep Stop loss at 4023 (Long term Stop loss will be 2450)
Price is above 200 EMA
We have seen Proper Breakout of Bull Flag Pattern in weekly timeframe.
with Good Volume
Price is sustaining above breakout and above resistance levels and it has given pull back to retest the levels
MACD and RSI has given bullish crossover (I have not placed RSI here as i want chart neat and clean but i have analysed already)
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.
Multimonths Resistance zone breakout and pullback pattern in IOCHello Mates,
Guy's We have seen Neat & Clean Multi months Resistance zone breakout and Pull back pattern in IOC. On friday session it has given closing at 94 with the +2.51% of successfully upside, this is proper signal that this has respected the levels of breakout and now it is ready to fly in blue sky.
Important levels for IOC
Best entry point will be 95-93
Targets we can see in upside 101/107/115+
Keep stop loss at 85
Price is above 200-EMA, it shows a positive trend in near term.
About Company:-
Indian Oil Corporation Ltd is a Maharatna Company controlled by GOI, that has business interests straddling the entire hydrocarbon value chain - from Refining, Pipeline transportation and marketing of Petroleum products to R&D, Exploration & production, marketing of natural gas and petrochemicals. It has the leadership position in the Oil refining & petroleum marketing sector of India.
Market Cap
₹ 1,32,740 Cr.
Current Price
₹ 94.0
High / Low
₹ 101 / 65.2
Stock P/E
5.40
Book Value
₹ 98.9
Dividend Yield
3.19 %
ROCE
8.16 %
ROE
7.17 %
Face Value
₹ 10.0
Debt
₹ 1,48,977 Cr.
EPS
₹ 17.4
PEG Ratio
-0.36
Promoter holding
51.5 %
Intrinsic Value
₹ 312
Pledged percentage
0.00 %
EVEBITDA
5.18
PROS
Stock is trading at 0.95 times its book value
Company has been maintaining a healthy dividend payout of 46.4%
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
Sure shot 25% returns possible in next 2-4 months in this Gem.Anand Rathi Wealth Ltd was incorporated on March 22, 1995. It is an AMFI registered mutual fund distributor and is one of the leading non-bank wealth solutions firms in India, being ranked amongst the top three non-bank mutual fund distributors in the country. The company offers a wide product portfolio of wealth solutions, financial product distribution, and technology solutions to its clients.
Market Cap
₹ 3,338 Cr.
Current Price
₹ 801
High / Low
₹ 862 / 566
Stock P/E
20.8
Book Value
₹ 96.3
Dividend Yield
1.38 %
ROCE
50.5 %
ROE
43.3 %
Face Value
₹ 5.00
Debt
₹ 34.6 Cr.
EPS
₹ 38.5
PEG Ratio
Promoter holding
48.7 %
Intrinsic Value
₹
Pledged percentage
0.00 %
EVEBITDA
13.7
Company has reduced debt.
Company is almost debt free.
Company is expected to give good quarter
Company has a good return on equity (ROE) track record: 3 Years ROE 35.2%
Company has been maintaining a healthy dividend payout of 22.3%
Well Company is good for long term investment. This will give you more than 30%+ compouding returns in long term. But according to chart pattern we can see a upside from these levels, so if anyone wants to go long can go with given levels on chart. Please follow strict stop loss if you are planning to short term trading, but if you are planning to invest for long term then definitely forget about stop loss and keep invested. This will surely make you profitable in long term.
If anyone likes my work please like, follow and comment.
Thankyou.
DMART LONG Dmart in sip and long term accumulation zone.
HOLDING PERIOD- 1-2 YEAR FOR BIG GAINS.
FEW CHECKPOINT -:
1. monthly and weekly rsi not in overbought zone.
2. price above 200 ma
3. similar chart pattern repeating again and its 3rd time.
4. Good fundamental with good results just taking a correction and soon will be ready for long run and newer highs.
5. june quarter sales increased compared to PY june quarters result and if compared previous quarter results are good .
Testing patience of long term investors and without pain there will no big gains.
JUST BUY ON EVERY DIP AND HOLD FOR BIG MOVE AND BIG GAIN.
Ascending Triangle in Asian Paint.NSE:ASIANPAINT
The Stock has been consolidating for almost 2.5 years and it has formed a ascending triangle formation which can trigger a breakout and start a trend continuation and take the price to new highs.
The Targets are projected on the basis of fib-extensions.
All important levels and logic is explained on chart.
I hope you found this helpful.
Please like and comment.
Keep Learning,
Happy Trading!
TATA STEEL : PENNANT PATTERN BREAK OUTTATA STEEL , one to the most popular stock of Indian Stock Market , which was under the radar of every single investor for this break out. The Stock has shown break out on BULLISH PENNANT CHART FORMATION after a gap of 2 years . Both MACD and RSI are in the favor of the break out and hence the probability of FALSE BREAK OUT is minimum. However , we still need to draw a line of control on this pattern which is at Rs. 114.00 .
The long term targets are Rs. 148.00 and Rs. 225.00
Remember this is an education post and meant only to understand the behaviors of the charts. It does not carry any tip to buy or sell for the stock.
Trade at your own responsibility . Good Luck !!!
SONACOMS : Moved into second phase of the uptrend after reversalSONACOMS has rested on its next support and now on the way to the second phase of its uptrend after the trend reversal from the channel. The targets and the SL are marked on the chart for your reference.
Remember this is an education post and meant only to understand the behaviors of the charts. It does not carry any tip to buy or sell for the stock.
Good Luck !!!
TATA MOTORS : BREAK OUT ON MONTHLY CHARTBreak Out Seen on India's one of the most popular stock TATA STEEL. The new trend is expected for the target of 922 and above. The SL is 590 for this trade .
This educational post is not a tip to buy or sell the stock . Please Trade at your own risk .
Good Luck !!!
Buy Deepak Nitrite for the target of 2900 | almost 35% from hereAbout Company:-
Incorporated in 1970, Deepak Nitrite Ltd manufactures Basic Intermediates, Fine & Speciality Chemicals, Performance Products, and Phenolics.
Market Cap
₹ 28,453 Cr.
Current Price
₹ 2,086
High / Low
₹ 2,357 / 1,681
Stock P/E
33.4
Book Value
₹ 300
Dividend Yield
0.34 %
ROCE
30.0 %
ROE
22.9 %
Face Value
₹ 2.00
Debt
₹ 72.9 Cr.
EPS
₹ 62.5
PEG Ratio
0.56
Promoter holding
49.1 %
Intrinsic Value
₹ 2,611
Pledged percentage
0.00 %
EVEBITDA
21.3
PROS
Company has reduced debt.
Company is almost debt free.
Company has a good return on equity (ROE) track record: 3 Years ROE 31.6%
Promoter holding has increased by 3.41% over last quarter.
Behatreen company hai with good management. Stock price also has given breakout of downsloping trendline and price is above 200 EMA. Volume has increased, MACD already given bullish crossover. All these indicating a bullish reversal in this ticker. For the trading perspective there will be target of 2900+ but if anyone wants to hold for long term can go with these levels and hold for the target of 5000+.
If anyone likes my work please like, follow and comment.
Thankyou.
Aptech - A Multi bagger OpportunityThe stock has been seen making multiple cup and handle patterns. Once the stock closes above its All time high on a monthly basis an entry in the stock can be taken.
This is for high risk takers and people with deep pockets. Also do not risk all your capital in one stock. Deploy cash in a smart manner.
Updates on Buying, Stop loss and Targets will be given once the trade triggers.
This is a play for people looking to hold for long term trends to develop and have chances to triple or quadruple their capital.
Disclaimer - I am sharing my thoughts and trading ideas here. I am not responsible for any loss or profit made my the viewer. Please deploy cash as per your risk appetite. Trading in the financial markets is a risky but highly rewarding profession. Plan accordingly !!
OIL : A good stock to kept under your radarOil India is engaged in exploration, development and production of crude oil & natural gas, production of LPG, transportation of crude oil & natural gas and generation of renewable energy. The Stock is stuck in a range forming a symmetrical triangle where the bottoms are getting higher and higher and we may see a break out very soon. Due to high consolidation , the breakout may lead to a sharp increase in the value of the stock in a very short span of time. Hope we see this break out today itself. The entry level is 263 with stop loss of 254.53
My Targets for this stock are 297.85 , 331.40 and 374.05
Please remember , this analysis is only for education purpose and does not carry any TIP to buy or sell the stock. Please make your own analysis and invest accordingly.
Good Luck !!!
Trendline and Range StockThis is simple Monthly Chart of COLGATE PALMOLIVE (COLPAL) and it is respecting the trendline and the resistance line, thus in a UPTREND CHANNEL since 2009.
Long term trend always prevails in the market, Even if someone is stuck in a stock at wrong time but if its longer trend is in uptrend there are high chances that it will recover some day.
High time frame analysis has its own benefits such as higher returns, less follow up , dividends and other benefits. It could be seen as an investment perspective as well.
This time there is a BULLISH HAMMER candle made in february 2023 at the support of the trendline. This is the one of the simple analysis which shows that investment and trading in the market is easy and doesn't require rocket science. This is a favorable RISK-REWARD opportunity with a very small Stop loss at the low of the last hammer Candle.
ENTRY can be made at the current market price of 1488
STOPLOSS can be on the closing basis on the last candle i.e. at 1430 (Logic behind closing basis is that it is currently in an Uptrend so if it wants to go in a downtrend it will require a strong downside closing confirmation for the same otherwise if the price goes below the low of the last candle, Buyers may come and can take the price up again)
REWARD - the first target would be the last swing/Resistance that is 1674 and then at its last high of 1800 and then next target would be the resistance which is likely to be 2000.
*this is a Monthly Analysis, so requires longer patience.
*keep position Sizing according to your Risk Appetite.
*Market is simple, don't make it complicated, Simple things works, It is just a probability Game.
One can take ReEntry if it gives another opportunity but be ready to give SL.
CUMMINSIND - SWING TRADE The stock is consolidating in a range for over a month BUY If sustain above 1258 target is 1290
Disclaimer: This idea is for educational purpose and kindly buy as per your risk management.
FUNDAMENTAL INFORMATON ABOUT COMPANY :-
Cummins India Ltd. engages in the manufacture, design, and distribution of diesel and alternative fuel engines. The firm also offers electronics, emission solutions, filtration, fuel