A 3 year long trendline has been broken in Zee Entertainment Enterprises Ltd. ( NSE:ZEEL )( BSE:ZEEL and we have a potential multibagger trade on our hands.
The stock has been facing resistance from the trendline since April 2018 i.e. 3+ years and has broken this in the past few weeks.
It is currently at a very crucial level and a breakout from this level will...
all studies explained in the chart
do your study guys🙏
buy @bottom or wait for breakout
trgt mentioned in the chart
sl will update if it fall🙏
🍂stock in a downtrend,anytime we can expect a breakout from current level.so do your study then invest.remember that I am expecting a correction in nifty.so it may down.so wait for the breakout or add @bottom.
POLY MEDICURE is a Medical Device manufacturing company that has been on a good rally. Especially given the COVID situation and the need for medical and surgical equipment, the company is stand to gain. Also, India is still lacking in Health care fronts compared to Global Peers hence Government has been continuously pushing the Sector. Good fundamentals and should...
Good trend and good fundamentals are the reason why I like this smallcap stock.
Its surely a portfolio stock is you got risk appetite for a small company, can give good returns in the future!
PARACABLES,,W & M chart are in formation of cup & HANDLE Pattern.
Daily cart forming inverted Head & Shoulder pattern.
Above all the moving averages too.
This could be a multi bagger stock.
All levels are marked on chart itself.
All analysis are for educational purpose only.
💢Asian Oilfield Services ltd another gem💢
risky players can consider @cmp,then add @dips
safe players add@85-90 range or wait for breakout
strict sl below 80🙏
trgt 140-180-200 ++🎯🎯
Reasons for this buy👇
🧩chart looks good ,feels like accumulation.(long consolidation period)expecting a breakout at any time.
🧩Company is almost debt free.
🧩low risk high benefit...
*FOR EDUCATIONAL PURPOSE ONLY*
According to Top down analysis overall at bullish trend, Demand zone remains at buy range shown above with the golden ration of 61% for medium term and could be possibly the multibagger on higher time frame, entry may initiate in 3 months approx. Keep eye on
Sector looks great on long term horizon, with confirmation, one can trade long term, positional, and swing. three levels are marked as per the entry. Must follow with sl as a bottom line of box.
Dear traders , IOC can shoot like a rocket if this double trend line crossover is broken. A good breakout with volumes can make this stock multi-bagger as this is weekly chart so target levels will be high.
This chart analysis was done by me only for educational purpose. Feel free to share your feedback/queries.
BUY 194 TO 171
TARGET 390 TO 514
Reason For Buying This Script :
In this script it has as formed inverted head & shoulder in monthly time frame . And It has taken the support bottom of the neck line.
Once the price close above 294 in monthly candle . And the target is 514 . 294 Neck line has to breakout then only 514 target will be reach.
Last 5 years, net income has grown at a yearly rate of 93.15%, vs industry avg of 27.86%
ROCE & ROE > 17%
stock pe 12.4 whereas industry pe 27.4
ebt to equity 0.31
Promoter holding 53.6, no pledge
Price to book value
follow the chart.
This is a penny stock but look at the chart. It will surely be a multibagger in short term. The stock has just broken long term resistance of 3.61 after a multi year formation of cup and holder. Bullish signs everywhere.
Don't put in your entire wealth. Happy trading
Price has tapped into a monthly level and has reacted to it quite nicely.
On the daily two equal lows had been taken out on the way to a demand zone. as price started to break structure upside, an untapped zone at 11rs could be a potential buy.
the zone above is too risky given how much liquidity lies below it.
the zone below is already tapped as price gapped up...
Exch - BSE
Cmp - 222
Stop - 145 on WCB
T1 - 500
T2 - Open , Review at 500
Expected Holding Period - 240 trading days or earlier for T1
Ideas being shared only for educational purpose
Please do your own research or consult your financial advisor before investing