Mtfanalysis
Multi time frame analysis on TrilI daily make educational content videos for swing / positional trading
Best stocks to trade on 4 July with Logic | Index analysisI daily make market analysis videos and posts on Financial markets
Disclaimer: The information provided is for educational purposes only. Our intention is not to provide any financial advice, don't take any decision without consulting your financial advisor
V Guard - BULLISH1. V- Guard has consolidated for month and half in 250 - 270 zone and it's now in strong support zone.
2. It's also above 200, 150 and 50 EMA which shows good trend.
3. ADR is contracting significantly, which shows an impulse is pending soon.
4. 16th July has inside CPR with contracted CPR, which infers a high probability of trending day.
5. Also, since many states have unlocked, expect demand to surge soon.
6. Earnings is in July which should show good signs.
7. Can buy at CMP or 251 or 284 for conservative traders with SL of 8% from entry price. Target will be 300 in short term and medium term target is 330-340.
8. Lastly Monthly pivot has HV relationship with narrow CPR. So, chances of trending is high.
9. Fundamentally stock is overpriced.
10. D/E ratio is 0.7 which is very good.
11. Very good cash flow company.
12. FII and MF has high investments into company ( BLACKROCK has increased from 0.4% to 5% holdings) and promoters have increased shareholdings.
13. Finally, invest wisely with strict SL and position size.
Bonne chance!!
@Sacredmonkey