Guficbio looks multibagger*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
Multibagger
Double Crossover Breakout Possible ! 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.
GUFICBIO: POTENTIAL MULTIBAGGER ?Ride the megatrend with "Gufic Biosciences Limited" (GBSL), an India-based company operating in four business segments: formulations, bulk drugs, consumer products and agro products.
Fundamentals supporting it be a potential multibagger:
The Indian healthcare sector is expected to reach US$ 372 billion by 2024, driven by rising incomes, greater health awareness, lifestyle diseases and increasing access to insurance. Healthcare has become one of India’s largest sectors - both in terms of revenue and employment. Gufic bio is one of the company to get benefit of the megatrend.
Gufic Biosciences has done good performance over a period of time,
It has a Debt to Equity ratio of 1.16 , which is a strong indication for the company.
Its cash from the operating activity was Rs 45.69 Cr.
Gufic Biosciences have a healthy ROE of 26.70 %
It has a high promoter holding of 65.75%.
Company has good cash flow
Technicals:
Cup and handle pattern breakout with significant vol
MACD above signal and center
RSI Indicating price strength
"All you need for a lifetime of successful investing is a few big winners, and the pluses from those will overwhelm the minuses from the stocks that don’t work out.” – Peter Lynch
INDIABULLS HOUSING FINANCE longAfter completing a a Cypher pattern(XABCD) and taking the support on green line, IBULHSGFIN has finally acted on 50-20 DEMA crossover and gave a strong bullish candle today.
The stock shows a bullish move to test the resistance of 250. Today's volume(78.805MN) and MACD(1.8) shows great strength.
Above 220 I see a clear target of 235-250. If the resistance of 255 is broken then a big bull movement can be observed.
All indicators testes gives a 90% buy movement.
You can always do back testings on Day/Week/5min charts as per your experience and track the stock results to have a stronger view before taking any trade.
This is just my personal study and analysis. Do not trade on the basis of just my study. Do your own research as well.
Patel Integrated Logistics - Multi Year BreakoutPatel Integrated Logistics is near its multi year Resistance to the break the triangle pattern.
Execute Long above 38 for a long term target of 80 & above. Keep the Stoploss at 20.
The company have started performing better and the incoming volume started to spike up.
Kindly share your valuable feedback.
Disclaimer: This view is for educational purposes only. Kindly do your own analysis before taking trade.
MAHINDRA LOGISTICS : MULTI-YEAR BREAKOUT NSE:MAHLOG
Mahindra Logistics Ltd. engages in the development and implementation of customized, technology-enabled logistics solutions. It operates through following segments: Supply Chain Management and People Logistics Solutions. The Supply Chain Management segment comprises of goods transportation service, including warehouse management service. The People Logistics Solutions segment focuses on people transportation service. The company was founded in 2000 and is headquartered in Mumbai, India.
BREAKOUT LEVEL :
575-585
MULTI-YEARLY ON WEEKLY TIMEFRAMES
MATRIMONY: DESCENDING TRIANGLE BREAKOUTMatrimony.com Ltd. engages in the provision of matrimony services. It operates through the Matchmaking and Marriage Services segments. The Matchmaking Services segment manages online platform such as websites, mobile sites, and mobile applications. It services are delivered through through web portals including BharatMatrimony.com, CommunityMatrimony.com, AssistedMatrimony.com, and EliteMatrimony.com. The Marriage Services segment offers wedding photography and videography services through MatrimonyPhotography.com, Matrimonybazar.com, and Matrimonymandap.com. The company was founded by Murugavel Janakiraman in 2001 and is headquartered in Chennai, India.
BREAKOUT LEVEL - 910-930
RSI : 40
HPCL rebound from lowsIt is on a verge to a rally unless 219 breaks on the below.
First target is 330 and then 490
Divd yield is 3.72%
Promoter holding 53.5%
Debt/ equity - 0.91
Pledged percentage - 0%
It is a good fundamental pick with comparitively cheap price compared to peers. Technically it is showing a rebound from its lows.
Due to increasing demand of economy recovery there is an expectancy of increase in EPS for further years.
Company is expecting prices to range between USD50-60/bbl in which case they are fine with this oil prices.
Disclaimer - This post is for educational purpose only. Please consult your financial advisor before taking any position.
INVERTED HEAD & SHOULDER IN KRBLBUY 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.
Note :
Above given levels are based on monthly & weekly time frame . So be patience it will take some days to achieve the target.
ALL THE BEST ..