lowriskhighrewardplay

CautiousChartist

A Cup and Handle pattern being formed inside the Parallel Channel. The Cup made double bottoms and not its the handle that has repeated that. ***** Help Me to Help Us. Always keep a stop loss to rescue you out of troubles. I believe in keeping the chart simple with minimal drawings & easy to interpret. So kindly express any disagreement & improvements so that...

jaykadam9

Details in the chart

jaykadam9

- Details in the chart

CautiousChartist

Simple Price Action With a bullish divergence in both the RSI and MFI, I expect the stock to touch 17 sooner than later.

CautiousChartist

Anticipating a breakout from a Symmetrical Triangle Pattern while it moves along the Parallel Channel.

CautiousChartist

Self Explanatory

CautiousChartist

Travelling in a Parallel Channel. Along the way it formed a Cup and Handle pattern and most importantly it broke out with good volumes. Retested back to the line of least resistance and is now all set for anew journey. All this is happening at the bottom of the Parallel Channel is great for the stock to head back to the top of the Channel. Low Risk and High Reward

CautiousChartist

Broke the Descending trendline and after a retest is paused for a rally up to 1062 to begin with.

jaykadam9

- Weekly Breakout - Looks good for Short| Medium term

jaykadam9

- Weekly chart - Medium - Long term investment candidate - Breakout- Retest - Trendline support - Industry Tailwinds

CautiousChartist

Stock P/E 48.0 Industry PE 40.1 Dividend Yield 3.70 % ROCE 32.0 % ROE 23.5 % Face Value ₹ 10.0 ROCE3yr avg 23.9 % ROE 5Yr 14.0 % Piotroski score 7 OPM 12.8 % OPM 5Year 11.1 % Promoter holding 73.7 % Free Float Mkt Cap ₹ 766 Cr. Pledged percentage 0.00 % Debt to equity 0.01 Intrinsic Value ₹ 1,687 Technically: - Brokeout after a long box consolidation and now it...

CautiousChartist

A simple consolidation breakout anticipation. Fundamentally sound. Low overhead supply.

CautiousChartist

Fundamentally good stock. Has the potential to reach the targets sooner than later. ***** Help Me to Help Us. I believe in keeping the chart simple with minimal drawings & easy to interpret. Always keep a stop loss to rescue you out of troubles. So kindly express any disagreement & improvements so that we learn & earn together. Please support the effort and...

CautiousChartist

The formation here is an inverted Head and Shoulder. Consolidation near the shoulders on both ends. The chart is self explanatory.

CautiousChartist

CMP = 1370 Price is above 10, 30, 50 SMA. Very nice setup for going long. Look to gain profits ranging from 5% to 11% in the short term. Maintain Stop loss at 1315.

CautiousChartist

CMP = 40 Handle too k support at 0.382 Fib Target 1 = 44 (10%) Target 2 = 48 (20%) SL = 38 (5%)

CautiousChartist

Consolidation in a rectangle. try to buy on dips 490-495 Target = 546 - 8.3% SL = 490 - 2.7% *DISCLAIMER* For educational purposes only. Not a recommendation. Treat StopLoss as your best friend to get you out of troubles.