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Multibagger

My vision on Naukri (Info Edge).Hello Traders ..... Correction in the price is very important for the traders, it gives us the opportunity to enter a stock before a new trend. Because we always see a correction before the start of the new trend. The same styled correction is seen in Naukri. Naukri is corrected more than 50% from the highs. And now we see the signs of the completion of that correction, as the price successfully tested its 200ema. The stock takes about 1 year to complete its correction on the weekly chart. So, we can say that it's a healthy correction. Now it's time to track the stock for the buying opportunity. We have to wait for the price to settle above all moving averages. And for the event when it gives a breakout of the nearest resistance. From that level the price has the potential to be doubled. So, keep tracking the stock and don't miss the golden opportunity. And don't forget to manage your trades with an exit strategy. Happy and Safe Trading Thanks Er. Simranjit Singh Virdi
NSE:NAUKRILong
by ssvirdi
Hercules Hoist-Demerger of Investment ActivitiesGeneral Notes 1. Company is debt free 2. They are demergin their investment vertical from the balancesheet 3. EPS getting recovered from last 2 qtrs 4. Net cash is positive 5.Technical setup -13 years of breakout and this demerger can take this stock for new high 6. Investments activities are getting demerged from the business 7. Annual report has indicated that it has received export orders. However no mention of which markets. Actively exploring
NSE:HERCULESLong
by Microcap_Investor
Avanti Feeds: Ready to shootAvanti Feeds : Is forming a strong symmetrical triangle pattern on weekly timeframe at LTP: 507.35 and has been taking continuous supports on the primary trendline(yellow-dashed) and is respecting the trendline ever since 2016 till 2022 today. The sudden rise in shrimp demands from china and USA has overpowered company's exports with good receivables too. This has happened for first time since covid-19 when the company's exports are in demand majorly by china. Being the Market leader in Aqua Culture and seeing Demand for the culture and Supply capabilities of the company. The stock looks poised to witness an uprise now from fundamental and technical aspects. Key levels: Support 1: 475 (7% downside) Support 2: 416( Crucial) Resistance 1: 587 (14.62% gain; Expected Time : 1-2 months) Resistance 2: 670 Resistance 3: 770 (52.37% gain; Expected Time : 3-6 months)
NSE:AVANTIFEEDLong
by chandakpulkit
Analysis for Monthly Chart of ApollotyreKeep the stock on the radar for the breakout of Resistance1 (262) This breakout of Resistance1 will also give the breakout of Ascending Triangle Pattern. The stock has the potential to become an Multibagger stock. Important Points Ascending Triangle Pattern The Resistance and the Upper Length of Ascending Triangle are at the same level. Analysis of Pattern Formation of Ascending Triangle Pattern The Resistance and the Upper Length of Ascending Triangle are at the same level. Analysis of Moving Averages The stock had started its correction in April 2018, which was completed by testing its 200ema. During correction the four ema of 20,50,100,200 periods comes close. From Dec 2020 the stock has been consolidating by trading above the four ema lines. The Expansion and Contraction of moving averages makes a wave like pattern
NSE:APOLLOTYRELong
by ssvirdi
Happiest Minds - Multibagger stocks BreakoutHappiest Minds is one of the fundamentally strong multi-bagger stocks, which has corrected nearly 50% from its all-time high of 1581. It is an IT company, ranked 4 in IT Services which works on disruptive technologies such as artificial intelligence, blockchain, cloud, digital process automation, internet of things, robotics/drones, security, virtual/augmented reality, etc. Currently, it is trading at an attractive price. All possible targets are mentioned on the stock. If everything remains the same, it may go till 2000 in a couple of years also. It is about to break out from its downtrend. keep this stock under your radar. Any price between 900-940 is a good price to enter. This is not a trade recommendation. Do your own analysis before investing. Please share your views on this stock in the comment.
NSE:HAPPSTMNDSLong
by SWING2TRADER
3
MANAPPURAM A Multi Baggger ?It seems Malappuram is a multi bagger in the making which can see 400 + in the next 2 years Analysis : After a 5 wave impulse move completing wave 1 of the Primary in January 2010. It went in to a complex correction finally forming a FLAT structure that corrected to the 0.618 Fib level completing the wave 2 of Primary. So now its all set for wave 3. Confirmation of completion of correction 1. Two consecutive inverted hammer in the weekly chart and a closing about it, confirming a reversal 2. RSI in the weekly chart at the oversold levels of around 30 - same as that in March 2020. 3. The FIB level of 0.618 4. Break out from the channel of the C wave of the FLAT. So now all set for the 3rd wave which itself should take it around 380 - 1.618 fib level of wave 1-2 Even I had earlier posted about this but that was certainly a bit early - but it chose to correct to 0.618 levels So fasten your seat belts as 3rd waves are normally pretty steep and faster :) This is just my view and not a trade recommendation...
NSE:MANAPPURAMLong
by sabu_m
YESBANK - TREND REVERSAL PATTERN FORMATION NSE:YESBANK =Rectangle formation after a bear trend indicating short term trend reversal. Yes bank has witnessed a very long bearish downtrend. Yes bank has taken a support of lifetime low and its is consolidating heavily around that zone for more than a year Have given a breakout from rectangle formation on daily timeframe with volume spike. This might give follow up move in some time Take small quantity above 15.25 for a swing trade and keep accumulating more on the breakout test zone. # Have discussed how to trade rectangle pattern refer it for more detail. Hope you found this helpful and I sincerely hope you find a ton of good rectangle formations to trade-in! Happy Trading!
NSE:YESBANKLong
by SANJAYPATIDAR_