Aarti Ind - Low Risk OpportunityIn the last 6 months, the stock price has come down around 40%. This time has been consolidating in a small range in recent days.
MACD is showing a possible reversal on a weekly basis.
If it gives a reversal, it may go into a bullish phase again.
Possible targets are 485/570/620++.
If it sustains below 370, the setup goes weak.
One has to keep the position size in accordance with risk management.
This illustration is my own view. It is only for learning and sharing purposes. It is not a buying recommendation.
All the best.
Midterm
Maha Apex - Bottom Fishing The chart shows that the stock price has been moving in a parallel channel since August 23. This moment, again comes to the lower edge of the channel. If the pattern continues and gives a bounceback, it could be a good opportunity with a good risk-reward ratio.
The stock has been consolidating in a narrow range in recent sessions.
MACD shows a likely reversal too.
All important levels are mentioned on the chart.
One should keep the position size according to risk management.
This illustration is only for learning and sharing purposes, not trading advice in any way.
All the best.
monthly breakout!Above chart is of timken india which is involved in business of manufacturing ball bearings,incorporated as tata timken.
technical point of view
1.on a weekly tf we can see the stock consolidating around 21 ema an good break above it can result in quick upside momentum.
2.if you look closely on the monthly tf the stock beautifully consolidated in a channel for 570-580 days and broke the resistance.
3.according to charts a long term trade or an mid term trade can be executed smoothly on cuuret levelskeeping sl below the 21 eme on monthly tf
(closing basis)
4.targets can be kept firstly on the all time high which is around 28-29% and secondly around 60% for long term
5.simple rr of 1:4 can be achieved if market continues the upside momentum if not one can close trade according to his/her appetite
ALWAYS REMEMBER NO ANALYSIS IS PERFECT AND IAM NOT YOUR FINANCIAL ADVISOR,DO YOUR OWN RESEARCH
ABOVE POST IS ONLY FOR EDUCATIONAL PURPOSE,NO BUYING RECOMMENDATION
do follow me for such content i will try to give my best
LTTS - Keep On RadarCMP 5622 on 07.09..24
The stock price has formed a Cup & Handle pattern in the last more than 2 years. The breakout level is around 6000. At the moment of retracement, it may come down to 5450 to 5250.
If the price is above the 54200 level, this setup has relevance. It goes weak if the price sustains below 54200.
Always keep your risk management in control, and the position sizing too.
Projected targets are indicated on the charts.
This illustration is only for learning and sharing purposes, not a piece of trading advice in any form.
All the best.
Understanding Risk-ManagementThe stock is trading at lower prices if you see last month's movements. In the last few days, it formed a double bottom
and again came down to lower levels. If reverses from these levels, a bull run may come.
The risk-reward ratio is good at this point.
1. If we enter at 940 while considering the stop-loss at 860 - the loss will be 60 points.
2. If prices go in our desired direction, the final target comes at 1500 - the profit will be 560 points.
So we have to keep our position size in a way that if we have to exit at a loss, that should be manageable for us.
This means we should be ready for that loss. Else while going in profits, we may exit at the first target of 1140.
Let's calculate the quantity of 25.
If we have to exit at a stop-loss of 860 - the loss will be 2000.
If the price reaches the first target of 1140 - the profit will be 5000
if the price reaches the final target of 1500 - the profit will be 14000
We should always keep our position size in accordance with our risk capacity.
Risk management is a general concept in every aspect of our life and normally we follow this other than the stock market.
Only for learning and sharing purposes, not a bit of trading advice in any form. Please do your own analysis before taking any trade or consult your financial advisor.
All the best.
AMBER - Unconventional Flat Swing TradeAMBER is trading near ATH zone. Stock has a long term reversal structure in weekly TF. Currently it is at a striking distance to ATH. Above 4615 we may initiate the strongest leg in the coming weeks and months. 4565 will be trigger point after that I will add this from 4520 zone with 4200 as sl.
Both Monthly and weekly candles suggest a good momentum as in both TFs previous red candle's high have been taken out. Stock is suitable for short term, mid term and even long term. 9000-10000 will be its long term target. But since I am a momentum trader I will eat this in legs of 1.618 and 2.618 and 3.618 plotted targets.
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I am Not SEBI Registered
This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
DIXON TECHNOLOGY channel break for next big moveNSE:DIXON seems ready for next big move as on weekly scale it has completed it's wedge pattern and already breakout happened for 40% now second entry comes now as it has now given breakout from channel (better visible on daily time frame).
Next, at least 40%, move is quite clear.
Note: Government ban over import of related goods could possible accelerate it.
Disclaimer: My ideas are not for recommendation purpose. Just sharing ideas with community.
PB FINTECH PB fintech on weekly is looking good 1470 is it's all time high and stock created a range near it's all time high resistance so if it breaks 1470 and sustains above the level then we can expect a good movement we can expect 20-30% upside once it sustain above 1470 pre breakout entry level should be 1400 if close above 1400 one can take entry before breakout
Do your own research before investing
Abbott India: 28% Upside in few weeks (Read below)1. Abbott India has posted strong Q4 numbers signalling a good quarter for Pharma sector overall
2. The Nifty Pharma Index has shown a bounce back from 18400 levels today with potential to rally to 19200 or beyond to 20000 if other companies post strong results too in the coming days
3. Nifty 50 bounced back from 22000 levels too today
4. If both Nifty and Pharma Sector continues the rally, then Abbott is sure to achieve its target in coming days (rather quickly)
Technicals:
1. Abbott has created a rounding bottom pattern with neckline at 28500 and base at 25500. The target comes at 33500 based on the pattern. This gives an upside of about 28% from current price
2. The price have been rejected multiple times by the blue trendline. Watch for a clear break above this trendline (around 26400 levels). A strong close above this line will indicate a bullish move going forward
3. The price is above the 200D SMA (purple line) but below the 50D SMA (orange line)
4. Currently the price has broken above the 20D SMA although got rejected by the upper Bollinger band (green line and blue bands) during intraday hours
Strategy:
1. Look for a clear closing above the trendline with strong volumes in next trading sessions
2. Look for rally in both Nifty and Pharma sector
3. If all parameters match, take entry around 26400-26500 levels with stop loss around 25350
Godrej Industries: Seeding Prosperity in Every Chart 📊🌿Asset: Godrej Industries (GODREJIND)
Timeframe: Weekly and Daily
Technical Analysis:
Weekly Timeframe: The price on the weekly timeframe is indicating a bullish trend, highlighting potential upward momentum in the mid to long term.
Daily Timeframe: Similarly, the daily timeframe is showing positive signals, supporting the optimistic outlook for GODREJIND.
50 EMA (Exponential Moving Average): The 50 EMA is demonstrating strength, signaling a readiness for an upward movement.
Trade Rationale:
The technical analysis on both weekly and daily timeframes aligns with a bullish sentiment.
Consideration of the sector's strength and market cap adds confidence to the trade, expecting favorable market conditions for GODREJIND.
GODREJIND is currently in a demand zone, providing additional support for a potential upward movement.
The 50 EMA acts as a supportive indicator, indicating potential strength for an upward trajectory.
Trade Parameters:
Entry Point: Within GODREJIND's demand zone.
Stop-Loss: Set at a level that respects the demand zone and ensures effective risk management.
Take-Profit: Targeting a conservative upward movement of 20% to 50%.
Exit Strategy:
Consider exiting the trade if there are significant shifts in broader market conditions or if the original technical analysis signals are invalidated.
Risk Management:
It's essential to manage risk effectively. Consider position sizing and ensure that the risk-reward ratio aligns with your trading strategy.
Disclaimer: This is not financial advice. The post is for educational purposes only. Please do your own research and consider your risk tolerance before making any trading decisions.
SOBHA, another realty stock with great potential. a good pick.Hello traders,
Previously an idea was posted on godrejprop, this is another realty stock at a good dip as well with a great potential.
the realty sector is expected to boom in 2023.
let us look onto a short note on fundamentals of SOBHA.
A short description of the company:
Sobha Limited, incorporated in 1995, is a real estate developer engaged in construction to operations of townships, housing projects, commercial premises, and other related activities.
The Co. is also engaged in manufacturing activities related to interiors, glazing and metal works, and concrete products.
Key points to note:
Real Estate (64% of the revenue, FY21)- It includes the sale of housing and commercial leasing of properties.
Contractual and Manufacturing (36%)- It comprises the development of commercial premises and other related activities, including manufacturing activities related to interiors, glazing and metal works, and concrete products.
Corporate Clients
Co.‘s corporate clients include LuLu group, Biocon, Dell, Bosch, Syngene, Taj Hotels, HCL, ITC Hotels, Huawei Technologies, and many more.
Self-reliance through Backward Integration
It is the only company in the sector to have a full-fledged backward integrated model of operations.
Under the backward integration model, the Co. has three manufacturing divisions - Glazing and Metal Works, Interiors and Concrete Products which are used for the manufacturing of houses. It also has a very high-end mattress manufacturing unit under the brand name Sobha Restoplus, started in 2007.
High Concentration in Bengaluru
Sobha has a presence in the residential segment in 10 cities and its overall footprint extends to 27 cities in 14 states across India. However, the company derives 67% of the revenue only from Bangalore.
Commercial Portfolio
As of Mar 2020, the Co. had two commercial malls in this business vertical, the "Sobha City" Mall in Thrissur with a total developable area of 0.44 million square feet, and the “One Sobha” mall in Bangalore with a total developable area of 0.23 million square feet.
Ongoing Projects
As of FY21, the company has real estate
projects aggregating 30.11 million square feet
of developable area. It has 5.64 million square
feet of ongoing contractual projects which
are under various stages of construction.
New Project Launched in FY21
SOBHA launched new projects to the tune
of 2.89 million square feet during FY21.
The Company opened its first flagship retail showroom under the 'metercube' brand with an area of 29,526 square feet at Bengaluru.
Healthy Order Book The company has received orders worth Rs. 2,126 crore only from the Contractual and Manufacturing segment, which is 1.4 times the FY2020 revenues from the segment.
Capex incurred in FY20 and FY21
In FY20, Co. added 239 Cr in the Fixed Assets, mainly on scaffolding items and additions to Plant and Machinery and it incurred a Capex of 15 Crores in FY 21.
Also SOBHA has recorded its highest ever sales in volume and value wise as its Q3 sales booking rise 36%.
The average price realisation improved to Rs 9,650 per square feet, up 21.9 per cent from the corresponding quarter of last year.
Achieved highest-ever quarterly sales volume of 1.47 million square feet, with an increase of 11.6 per cent compared to the previous year.
During April-December period of this fiscal, Sobha Ltd's sales bookings rose to Rs 3,734.4 crore from Rs 2,760.6 crore a year ago.
In the first nine months of this fiscal, the company achieved total sale of 4.17 million square feet, an increase of 16.9 per cent over the preceding year.
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if you look at the charts, there is a reversal from a strong support/resistance zone and is looking good to buy at cmp.
if we also look onto the longer timeframe, there has been observed a darvas box consolidation breakout and the stock is currently giving a retest.
Given below are the links of my ideas of my other long term picks that are recently posted. Do check it out :)
Market has crashed so few of our stocks have corrected from our entry prices. Don't worry, these companies are fundamentally good and therefore we can keep accumulating on dips.
As always, simple and neat charts so everyone can understand and not make it too complicated.
Will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Aniket.
keep learning and keep earning.
DEVYANI INTERNATIONAL | MID-LONG TERM INVESTMENT STOCKDevyani International looks good to buy at current levels 145 - 140 and add more if get around 130 for the marked targets on the chart.
This is an investment stock to hold for the mid-long term.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalSHARDA CORP
Recently Stock shown some good move and then Consolidating in a range from feb
Volume almost dried up during consolidation.
Also took support from 50DMA
Now After Range breakout on chart above 585 levels again price retracing
Could be a good bet to buy for targets of minimum 660
Keep watch list for Intraday also, use 5min chart for Target and Sl levels based on support and resistance
Also Stock can be hold for midterm to longterm also
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Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
Please Like & Follow
Short -Mid term on weekly time frameAs Stock given negative breakout after consolidation we can expect a pullback in this stock while considering 200-DMA ,Fibo levels and previous data stock is expected to take support in range 1030-1055 with Stop loss 1020 or 1000(psychological levels) for target of 1130 / 1160 / 1200.