HOMEFIRST - 2.5 Years Consolidation Breakout / All Time HighHome First Finance Company India Ltd
1) Time Frame - Weekly.
2) The Stock has been Consolidating since (December, 2021). Now It has given Consolidation breakout & Closed at it's Life Time High with good volume & good bullish momentum candle in weekly Time Frame.
3) The stock may move towards the price (1570 - 46.40% from the price 1072.30) in the long term.
4) Recommendation - Strong Buy.
Momentumstrategy
TITAN - 30% upside potential- Here's Why!D TF
Overview & Observation:
1. RRR is favourable (around 1:4 RRR)
2. Good strength in buying
3. Prices rejecting from the demand
4. Double bottom formation in D tf
5. ATH resistance breakout expected.
Trade Plan:
As per the markings on the chart
Entry = CMP
SL = 7%
TP = 30%
- Stay tuned for further insights, updates 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
EQUITAS SMALL FIN BANK - Picture perfect 'W' setup w/ 40% upsideOverview & Observation:
1. Double-bottom formations.
2. Moving with W Demand.
3. EMAs support taken confirming the up trend momentum.
4. RRR is favourable
Trade Plan:
1. Entry = Marked blue line
2. SL = 6-7% Marked red line
3. TP = 40% Marked green line
- Stay tuned for further insights, updates 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
ASKAUTOLTD - 7 Months Consolidation BreakoutASK Automotive Ltd
1) Time Frame - Daily.
2) The Stock has been Consolidating since (November, 2023). Now It has given Consolidation breakout & Closed at it's Life Time High with good volume & good bullish momentum candle in Daily Time Frame.
3) The next resistance would be around the price (390 - 13.90% from the price 342.30).
4) Recommendation - Strong Buy.
Avanti Feeds Ltd | Momentum pattern BOAvanti Feeds Ltd | Momentum pattern BO
Avanti Feeds is a leading provider of high quality shrimp feed, best technical support to the farmer and caters to the quality standards of global shrimp customers
Financial :strong
Market Cap = 7,554 Cr. ROCE =18.3 % ROE = 13.4 %
Debt to equity = 0.00 Promoter holding = 43.3 %
Quick ratio = 3.84 Current ratio = 5.52 Piotroski score =8.00
Profit Var 3Yrs = -7.62 % Sales growth 3Years = 7.32 % Return on assets = 11.4 %
this is pure symmetrical triangle pattern break out with large volume.
as well as RSI also shows in full momentum zone .
you should watch this stock for long term.
Note: I am not SEBI registered financial Adviser. I solely present my views on chart .I do not charge any kind of service. This is not buy sell recommendation.
If you like my ideas than like boost and follow me for more ideas.
Thanks and comment freely
Momentum Infra Stock| KNR Constructions LtdKNR Constructions Ltd
KNR Constructions Ltd, incorporated in 1995, is engaged primarily in the construction of roads, bridges, flyovers and irrigation projects.
Financial:
Market Cap ₹ 7,783 Cr. Current Price ₹ 277 Stock P/E 14.1
ROCE 20.8 % ROE 15.5 %
Debt to equity 0.25 Promoter holding 51.1 %
Quick ratio 1.57 Current ratio 1.83
Piotroski score 9.00 Profit Var 3Yrs 14.8 % Sales growth 3Years 18.3 %
Return on assets
8.20 %
This stock is now in momentum zone with strong fundamental.
I selected bcz i invest in India so infra stock is more demanding in upcoming future.
keep in radar this stock.
Note: I am not SEBI registered financial Adviser. I solely present my views on chart .I do not charge any kind of service. This is not buy sell recommendation.
If you like my ideas than like boost and follow me for more ideas.
Thanks and comment freely
ISGEC-A beautiful ATH breakout is doneISGEC is a company from heavy engineering sector which has been in a good bull run based on consistent growth.
Stock has formed a cup & handle pattern and gave good breakout yesterday.
Momentum traders should keep this stock on their watchlist as this stock can give quick 10-20% returns.
This is my personal opinion and not a recommendation.
INOXWIND | Opportunity | Swing Trade.
Inox Wind has undergone a stock split today, presenting a notable opportunity for investors to acquire shares at a discounted price. The company's solid performance is reflected in this strategic move, suggesting a positive outlook for its future growth. As Inox Wind continues to perform well, the stock split is expected to generate momentum, making it a potentially attractive investment.
So keep your eyes on it.. keep watching with your own framework and do your analysis then take your risk management to trade for this.
This is not recommendation to anyone so please do your own analysis first.
Best of luck
Regards.
Metropolis-This breakout can bring momentum back!Metropolis had been a multibagger during Covid but corrected almost 100% post 2022.
Stock will give good returns once a weekly closing is seen above 2000.
Fundamentals are strong. Healthcare is a good sector for long term investing.
Keep stock in watchlist.
ITC, Weekly Review | Trend Positive | Strength MediumThe nature and degree of separation in both bands indicates the price could resume its uptrend. On the upside the range of 10% could be tested. And on the down side the range is 9%. For a positional trade the level of 416 can be used as a stop loss and for target the level is 480.
Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Amrutanjan Health Care Ltd | Momentum stockAmrutanjan Health Care Ltd
AHCL has been manufacturing ayurvedic balm for pain management since 1893, and is currently managed by the third-generation of promoters. The company is more than 120 years old and is into OTC products in the segments of pain management, women's hygiene, and packaged fruit juice drink.
Fundamentals: strong
Market Cap₹ 2,238 Cr. Current Price₹ 774 Stock P/E 50.8
ROCE 19.3 % ROE 14.3 % Debt to equity 0.00
Promoter holding 50.6 % Industry PE 29.3
Quick ratio 2.86 Current ratio 3.22 Piotroski score 5.00
Profit Var 3Yrs 16.6 % Sales growth 3Years 13.2 % Return on assets 11.2 %
This stock is fundamentally strong stock as well as its in momentum with high volume.
keep eye on it and do more research on it.
Note: I am not SEBI registered financial Adviser. I solely present my views on chart .I do not charge any kind of service. This is not buy sell recommendation.
If you like my ideas than like boost and follow me for more ideas.
Thanks and feel free to comment.
Repco home finance- Rounding bottom breakout done!A beautiful rounding bottom breakout is seen in Repco home finance which can bring a big bullish momentum in this stock.
Stock has given weekly closing above 500 which is a big positive.
Lets see what is unfolding in the stock. I am expecting a blasting move.
Do follow me if you like my ideas.
Team Lease Services Ltd | Momentum Swing IdeaTeam Lease Services provides employment related services. It provides solutions for staffing, recruitment, training, payroll processing and regulatory compliance.
Market Cap ₹ 5,371 Cr. Current Price ₹ 3,195S tock P/E 50.4
ROCE 13.9 % ROE 14.4 % Debt to equity 0.14
Promoter holding 31.6 % Quick ratio 1.36 Current ratio 1.36
Piotroski score 5.00 Profit Var 3Yrs 45.9 % Sales growth 3Years 14.8 %
Pledged percentage 1.59 % Return on assets 6.54 %
This is momentum stock with unique business and future growth perspective great stock.
RSI also in positive trend ,if it sustained stock makes new high. This stock is make rounding bottom on top . so keep this stock in your watch list.
Note: I am not SEBI registered financial Adviser. I solely present my views on chart .I do not charge any kind of service. This is not buy sell recommendation.
If you like my ideas than like boost and follow me for more ideas.
Thanks and feel free to comment.
D P Wires Ltd| Momentum Swing IdeaD P Wires Ltd is engaged in the manufacturing of Steel Wires, Plastic Products, Laying of Plastic Films, Acting as a Commission Agent and Generation of Power through Wind Mill
Financial:
Market Cap ₹ 830 Current Price ₹ 535S tock P/E 20.0
ROCE 32.0 % ROE 23.9 % Debt to equity 0.15
Promoter holding 74.8 % Quick ratio 2.42 Current ratio 2.82
Profit Var 3Yrs 35.2 % Sales growth 3Years 62.4 %
Piotroski score 7.00 Return on assets 18.3 %
This stock is in momentum as well as strong fundamental. keep in your watchlist.as well as unique business. This stock is based on Indian growth theme.
Note: I am not SEBI registered financial Adviser. I solely present my views on chart .I do not charge any kind of service. This is not buy sell recommendation.
If you like my ideas than like boost and follow me for more ideas.
Thanks and comment freely
PIDILITIND Possible breakoutNSE:PIDILITIND
Possible break out on the daily chart.
Good above average volume on Friday. Good delivery of 1.7 times vis-a-vis 5 day average.
Price also moved 2.02% giving more confidence on the breakout.
However there is a psychological resistance at around 3000 levels.
We can wait for the stock to close above 3000 and then initiate a trade.
Relative strength showing positive
RSI positive
Supertrend indicating uptrend.
Momentum Swing Idea| ITC LtdITC Ltd
as you all know it stablished in 1910, ITC is the largest cigarette manufacturer and seller in the country. ITC operates in five business segments at present — FMCG Cigarettes, FMCG Others, Hotels, Paperboards, Paper and Packaging, and Agri Business.
Fundamental = strong
Market Cap ₹ 5,23,098 Cr. Current Price ₹ 419 Stock P/E 25.6
ROCE 39.0 % ROE 29.1 % Debt to equity 0.00
Promoter holding 0.00 % Quick ratio 1.73 Current ratio 2.73
Piotroski score 6.00 Profit Var 3Yrs 7.41 % Sales growth 3Years 12.8 %
Return on assets 23.8 %
This is purely technical analysis and perfect 21 day moving average support .Moreover company is in growing and stable phase .keep in radar .
monthly RSI above 55 and its seems to be reversal signals . if market in uptrend move than this stock will be in uncharted territory.
Note: I am not SEBI registered financial Adviser. I solely present my views on chart .I do not charge any kind of service. This is not buy sell recommendation.
If you like my ideas than like boost and follow me for more ideas.
Thanks and comment freely