SIEMENS | Swing Trade📊 DETAILS
Sector: Electric Equipment
Mkt Cap: 143,327 cr
Siemens Limited offers products, integrated solutions for industrial applications for manufacturing industries, drives for process industries, intelligent infrastructure and buildings, efficient and clean power generation from fossil fuels and oil & gas applications, transmission and distribution of electrical energy for passenger and freight transportation, including rail vehicles, rail automation and rail electrification systems.
TTM PE : 73.10 (Average PE)
Sector PE : 74.05
Beta : 0.59
📚 INSIGHTS
Strong Performer
Stock with good financial performance alongside good to expensive valuation, but lacks price momentum as suggested by technical indicators
5.19% away from 52 week high
Outperformer - Siemens up by 10.7% v/s NIFTY 50 up by 8.13% in last 1 month
📈 FINANCIALS
Piotroski Score of 7/9 indicates Strong Financials
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
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Nifty50
PAISALO | Swing Trade📊 DETAILS
Sector: Finance - NBFC
Mkt Cap: 5,924 cr
Paisalo Digital Ltd was incorporated in 1992. It is a Non-Deposit Taking Non-Banking Financial Company registered office of the company is in Delhi and the head office is in Agra.
TTM PE : 36.35 (Average PE)
Sector PE : 31.26
Beta : 1.10
📚 INSIGHTS
Strong Performer
Stock with consistent financial performance, quality management, and strong technical momentum indicating good investor enthusiasm. Currently valued at Good to expensive valuation
9.47% away from 52 week high
Outperformer - Paisalo Digital Ltd. up by 17.27% v/s NIFTY 50 up by 1.01% in last 1 month
📈 FINANCIALS
Piotroski Score of 5/9 indicates Average Financials
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
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How to identify a multibagger stock?Ways to identifty a multibagger and a good stock for positional trade:
The stock should fulfill the following criteria
1.It should be from a booming sector and the broader index should be uptrending
2.The relative strength of the stock to Nifty 50 should be in uptrend
3.RSI should be above 40
4.The stock should be in a stage 2 uptrend structure (breakout with good volumes + consolidation --> breakout with good volumes as shown in the structure of sun pharma)
5.The stock should have low volume consolidation.
Many more examples are there from the realty sector and few from the financial sector and I will be uploading them very soon FOLLOW me to get notified when i upload a new idea
Till then,
Happy Trading :)
Nifty intraday levels for monthly expiry 29/02/24.Nifty has formed a M pattern on the hourly charts and closed below 22k levels.
It has closed around the 20 ema on the daily charts. If there is a gap down opening, another selling can be seen in the market.
In case there is a gap up to flat opening, wait for the price to breach below the support zone.
Major support levels :- 21920, 21830
Tomorrow is the monthly expiry and today market gave a good selling market. There are chance of giving a good movement.
Another follow through can be seen in the market. So just watch the market takes out today's low.
Major resistance levels :- 22100, 22210
Just wait for a pattern formation around the zone and trade only the setup as option premium will give a decay.
If VIX is high, option premium will be high. Option buyer need to take a entry when there is momentum in the market.
Wait for the price action near the levels before entering the market.
Banknifty intraday levels for monthly expiry 29/02/24.Banknifty has given a nice bearish move today and closed around the day's low.
The market was trading in a range for last two trading session and gave a good momentum after a break down.
There is a bearish sentiment as the market has closed below both the moving averages on the hourly charts.
Tomorrow is monthly expiry for the indices and if there is another bearish move tomorrow, a nice trending move can be seen.
Major resistance levels :- 46270, 46730
A volatile market was there in the second half of the trading session.
If there is a gap up or flat opening, wait for the break down and enter the bearish move only after the support zone is breached.
Major support levels :- 45910, 45700
Reversal can be seen near 45700 level as there is a golden fibonacci levels. Banknifty has closed below the 20 ema on the daily charts.
Wait for the price action near the levels before entering the market.
Nifty analysis for 28th feb 2024Nifty is travelling inside a channel. the possible support and resistance is marked in the chart.
Disclaimer: All information provided here is for educational purposes and not a recommendation, advice, research report, or stock tip of any nature. Analysis Posted here is just our view/personal study method on the stocks, commodities or other instruments and assets. Do your own analysis or consult your financial advisor before making any investment decision.
NIFTY Intraday Trade Setup For 28 Feb 2024NIFTY Intraday Trade Setup For 28 Feb 2024
Bullish-Above 22230
Invalid-Below 22180
T- 22435 22650
Bearish-Below 22070
Invalid-Above 22120
T- 21860 21658
NIFTY has closed on a slight bullish note with 0.34% gain today. It just traded between yesterday's range, bounced from plotted golden FIB zone (0.5) till yesterday's high. So overall NIFTY has been trading between 22220 and 22070 since last two days. Breakout will give us a fresh move on expiry day. It will be surprise if it trades in the range tomorrow again. 21300 is the hourly swing high, breakout will give move towards 22520 as per plotted ABCD.
Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 22230 then we will long for the target of 22435 and 22650.
For selling we need a 15 Min candle close below 22070. T- 21860 and 21658.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
==========
I am Not SEBI Registered
This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
Banknifty intraday levels for weekly expiry 21/02/24.Finally, Banknifty is trading above 47k levels and a bullish trend may start in the index.
After closing in a range and forming doji candles, there is a bullish marubozu candle on the daily close. The bullish move can sustain as it consolidate before crossing the levels.
Tomorrow, if there is a gap up opening around 47200-300, there are high chance of market touching 47500 levels.
In case of a gap down, there are chance of another buying happening in 46800-950 zone.
Major support level :- 46980, 46720.
Resistance levels are far and another bullish candle can be seen in daily charts.
Resistance levels :- 47200, 47540.
Watch the market opening and trade the setup.
Let market form a price action and enter only bullish trade as bearish trades can hit the SL.
Nifty intraday levels for weekly expiry 22/02/24.Nifty has given nice bearish engulfing candle after a consolidation on the higher levels.
A good sell off in the market is showing some profit booking in the market and potential levels may be tested on the expiry.
It has close 22055 levels. If there is a gap up opening, there will be chance of a halt candle.
In case of a flat to gap down opening, there will be another red candle on the daily charts.
Short below 22k levels can be initiated with Major support zone around 21920, 21830.
There is a high probability of a gap filling trade.
Resistance levels :- 22090, 22240
Tomorrow is weekly expiry of the index, watch for option premiums chart while trading.
Wait for the price action near the levels before entering the market
NIFTY Intraday Trade Setup For 27 Feb 2024NIFTY Intraday Trade Setup For 27 Feb 2024
Bullish-Above 22210
Invalid-Below 22160
T- 22430 22650
Bearish-Below 22070
Invalid-Above 22120
T- 21860 21658
NIFTY has closed on a bearish note with 0.41% cut today. Sell triggered as per trade setup below 22180 and gave a move till 22080, but targets were not achieved. Tomorrow below 22070 we may see a good sell off and best probability trade seems in downside as per today's closing. Plotted trendline is being followed, breakout of this will lead a bullish impulsive move. 22300 is the gateways for fresh up move in hourly TF.
Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 22210 then e will long for the target of 22430 and 22650.
For selling we need a 15 Min candle close below 22070. T- 21860 and 21658.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
==========
I am Not SEBI Registered
This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
FinNifty intraday levels for monthly expiry 27/02/24.FinNifty has remained completely sideways today and is trading in a consolidation range.
On the hourly charts, the market has closed between both the moving averages and might touch the 200 EMA.
In case of a gap down opening, there is probability of market going bearish and testing the lower levels.
Major support level :- 20600, 20480
If there is a slight gap up or flat opening, wait for the market crosses and sustain above the trend line, upper levels can be tested.
Resistance levels :- 20760, 20830
The daily candle is showing some negativity as there is a hanging man candle near the support level.
Tomorrow is the monthly expiry of the index, watch for the option premium and time decay.
If there is a break out/down in the second half of the trading session, a trending move can be seen.
Wait for the price action near the levels before entering the market.
Nifty50 Support And Resistance 27-Feb-24Please find below simple resistance and support:
Resistance: 22166
If crossed up then will see upward move as follows:
T1: 22178
T2: 22207
Support: 22084
If crossed down then will see downward move as follows:
T1: 22065
T2: 22037
This is only for education purpose. Do your own research before investing or trading.
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FIEMIND | Multiyear Breakout📊 DETAILS
Sector: Auto Ancillaries - Head lamps & lights
Mkt Cap: 2,783 cr
Fiem Industries Ltd was originally incorporated in India as Rahul Auto Private Limited on February 6, 1989, in New Delhi and was founded by Mr. J.K. Jain. It is engaged in the business manufacturing and supply of auto components like automotive lighting.
TTM PE : 18.73 (Average PE)
Sector PE : 25.62
Beta : 1.24
📚 INSIGHTS
Strong Performer
Stock with consistent financial performance, quality management, and strong technical momentum indicating good investor enthusiasm. Currently valued at Good to expensive valuation
4.38% away from 52 week high
Outperformer - FIEM Industries up by 14.8% v/s NIFTY 50 up by 2.7% in last 1 month
📈 FINANCIALS
Piotroski Score of 8/9 indicates Strong Financials
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
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ORIENTCER | Swing Trade📊 DETAILS
Sector: Refractories
Mkt Cap: 754 cr
Orient Abrasives Limited is engaged in the business of production and trading of aluminum refractories and monolithics products, mining of bauxite ores and generation of power.
TTM PE : 36.66 (Average PE)
Sector PE : 65.02
Beta : 0.94
📚 INSIGHTS
Strong Performer
Stock with consistent financial performance, quality management, and strong technical momentum indicating good investor enthusiasm. Currently valued at Good to expensive valuation
3.68% away from 52 week high
Outperformer - ORIENT CERATECH up by 16.62% v/s NIFTY 50 up by 2.94% in last 1 month
📈 FINANCIALS
Piotroski Score of 7/9 indicates Strong Financials
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
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NCC | Multiyear Breakout📊 DETAILS
Sector: Construction - Infrastructure
Mkt Cap: 15,209 cr
Incorporated in 1978, NCC Limited undertakes turnkey EPC contracts and BOT projects on Public-Private Partnership basis
TTM PE : 22.95 (High PE)
Sector PE : 31.19
Beta : 0.92
📚 INSIGHTS
Strong Performer
Stock with consistent financial performance, quality management, and strong technical momentum indicating good investor enthusiasm. Currently valued at Good to expensive valuation
1.94% away from 52 week high
Outperformer - NCC up by 14.03% v/s NIFTY 50 up by 1.59% in last 1 month
📈 FINANCIALS
Piotroski Score of 7/9 indicates Strong Financials
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
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SKIPPER | Positional Trade📊 DETAILS
Sector: Engineering - Industrial Equipments
Mkt Cap: 3,330 cr
Skipper Ltd is engaged in manufacturing and selling of Transmission & Distribution Structures and Pipes & Fittings. It also undertakes EPC projects in the infrastructure segment.
TTM PE : 48.16 (Average PE)
Sector PE : 56.29
Beta : 1.25
📚 INSIGHTS
Strong Performer
Stock with consistent financial performance, quality management, and strong technical momentum indicating good investor enthusiasm. Currently valued at Good to expensive valuation
3.34% away from 52 week high
Outperformer - Skipper up by 23.31% v/s NIFTY 50 up by 1.44% in last 1 month
📈 FINANCIALS
Piotroski Score of 9/9 indicates Strong Financials
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
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NIFTY Intraday Trade Setup For 26 Feb 2024NIFTY Intraday Trade Setup For 26 Feb 2024
Bullish-Above 22300
Invalid-Below 22250
T- 22465 22630
Bearish-Below 22180
Invalid-Above 22230
T- 22035
NIFTY has closed on a slight bullish note with 0.78% gain last week. However it has closed at an All time high. Above 22300 it should start a good up move at-least in intraday. On Monday if 22035 is tested then it will be a strong intraday support and we can plan a bullish trade with bullish price action in 5 Min TF. Coming to hourly TF, 21850 is the last swing low below which it will trigger a bearish move. Till the time it is safe, we will maintain a bullish bias.
Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 22300 then we will long for the target of 22465 and 22630.
For selling we need a 15 Min candle closes below 22180. T- 22035 and 21850.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
==========
I am Not SEBI Registered
This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
DRREDDY | Swing Trade📊 DETAILS
Sector: Pharmaceuticals & Drugs
Mkt Cap: 100,744 cr
Dr. Reddy's Laboratories Ltd is a leading India-based pharamceutical company which offers a portfolio of products and services, including Active Pharmaceutical Ingredients (APIs), Custom Pharmaceutical services (CPS), generics, biosimilars and differentiated formulations.
TTM PE : 19.27 (Low PE)
Sector PE : 52.24
Beta : 0.54
📚 INSIGHTS
Strong Performer
Stock with consistent financial performance, quality management, and strong technical momentum indicating good investor enthusiasm. Currently valued at Good to expensive valuation
1.79% away from 52 week high
Outperformer - Dr Reddys Laboratories up by 1.9% v/s NIFTY 50 up by 0.87% in last 1 month
📈 FINANCIALS
Piotroski Score of 8/9 indicates Strong Financials
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
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WELSPUNLIV | Swing Trade📊 DETAILS
Sector: Textiles & Apparel
Mkt Cap: 15,665 cr
Welspun Living Limited, part of the US$ 2.7 billion Welspun Group, is one of the largest home textile manufacturers in the world. The Company offers a wide spectrum of Home & Technical textile products and Flooring solutions. The Company has established itself as a thought leader within the home textile industry over the years and continue to focus on the enablers viz. Innovation, Branding and Sustainability to consolidate its leadership position.
TTM PE : 23.71 (Average PE)
Sector PE : 99.44
Beta : 1.24
📚 INSIGHTS
MC Insights PRO
Stock with consistent financial performance, quality management, and strong technical momentum indicating good investor enthusiasm. Currently valued at Good to expensive valuation
5.87% away from 52 week high
Outperformer - Welspun Living up by 13.24% v/s NIFTY 50 up by 4.59% in last 1 month
📈 FINANCIALS
Piotroski Score of 7/9 indicates Strong Financials
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
🔍 More Analysis & Trade Setups 🔍
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