Flag and Pole Pattern in BSE - Daily Time FrameNSE:BSE
BSE is making strong flag and pole pattern on daily time frame. This pattern BSE was making from March start and completed the same in April last. Go for Long from here.
Current Price: 899 rs
Good Entry Point: 840 - 870 rs
Target: 950 rs - 1060 rs
Stop Loss: 800 rs
Probability: Positive for Long position
Risk Reward Ratio: 1:4
Volume Breakout: Massive. Around 10 times more than the average daily volume.
Please share with your family and friend if you like the idea to go long. This chart is only for educational purpose. Consult with your financial advisor before making any investment.
Happy Investing..
Nse
FOCUS INDIAN HOTELS MakkaleVanakkam Makkale, this is vijay. Yep we all know that Nifty in consolidation mode and our only way to make profits are option selling,swing trade under stock specific and finally none other than investing for long term.
Indian hotels looking nice in weekly makkale,focus and also do your own analysis too.
Infosys : Long opportunityInfosys is facing heavy selling laely, and is approaching good accumulation level. The idea is to target a minimum of 10 percent in the given trade setup.
Divide the entry into two legs. The first entry should have half the units you plan to buy at entry 2.
Levels posted on chart
NMDC: Perfect Inverted H&S on Daily TimeframeFundamental Understanding: Higher commodity prices command a greater profitability to the miners. NSE:GMDCLTD rose by 150% in the last 4 months 75 trading sessions for the same reason. NSE:NMDC has a ROCE of 29.6 % and ROE 21.8 % and is almost debt-free (Debt to Reserves is quite low).
The chart forms a perfect head and shoulders pattern on daily timeframe. The price has broken out the neck and is now retesting with reasonable (low to say) volumes. FIIs have increased their stake by 30% QoQ and the navratna PSU looks clean to benefit from the rising commodity prices. Expecting a good upmove due to rise in commodity prices over the Jan-March 2022 quarter. Look out!
For FnO trades, one can take a risky trade with 147 daily closing SL and for the target of 189. For Cash trades, keep adding till ATH for new aggressive moves beyond that.
KMSUGAR - Another breakout sugar stockNSE:KMSUGAR
K.M. Sugar Mills Ltd. Is engaged in the manufacturing of sugar. It manufactures white crystal sugar, which is used for human consumption and in the industries, such as food, beverage and soft drinks.
TTM EPS: 4.43
TTM PE: 9.44
Sector PE: 20.61
Book Value Per Share: 23.20
P/B: 1.81
Face Value: 2
Mkt Cap (Rs. Cr.): 384
Some Positives:
Rising Net Cash Flow and Cash from Operating activity
Company with high TTM EPS Growth
New 52 Week High
Growth in Quarterly Net Profit with increasing Profit Margin (YoY)
Company able to generate Net Cash - Improving Net Cash Flow for last 2 years
Book Value per share Improving for last 2 years
Company with Zero Promoter Pledge
Stock gained more than 20% in one month
Strong Momentum: Price above short, medium and long term moving averages
Some Negatives:
Decline in Net Profit (QoQ)
Declining profits every quarter for the past 2 quarters
NOT A RECOMMENDATION. JUST FOR EDUCATION.
MANALIPETRO - Presenting a great opportunityNSE:MANALIPETC
Manali Petrochemicals Limited (MPL) is engaged in the business of manufacture of petrochemicals. The Company is engaged in offering polyols and propylene glycol.
TTM EPS; 23.17
TTM PE: 6.10
Sector PE: 25.84
Book Value Per Share: 39.53
P/B: 3.58
Face Value: 5
Mkt Cap (Rs. Cr.): 2,432
Dividend Yield: 1.06
Some Positives:
High Piotroski Score - Companies with strong financials
Rising Net Cash Flow and Cash from Operating activity
Company with high TTM EPS Growth
Strong Annual EPS Growth
High Revenue and Profit Growth with High Return on Capital Deployed (ROCE) and Low PE ratio
Company with Low Debt
Increasing Revenue every quarter for the past 2 quarters
Strong cash generating ability from core business - Improving Cash Flow from operation for last 2 years
Company able to generate Net Cash - Improving Net Cash Flow for last 2 years
Book Value per share Improving for last 2 years
Company with Zero Promoter Pledge
FII / FPI or Institutions increasing their shareholding
Near 52 Week High
Stock gained more than 20% in one month
Strong Momentum: Price above short, medium and long term moving averages
Some Negatives:
Not really any.
My Opinion: It is a gem of a company considering the fundamentals. I can see it rally till 165-190-205 in short term. !38 is key support level now. If it falls below that then 128 should be a stop-loss.
NOT A RECOMMENDATION. JUST FOR EDUCATION.
TRADING PLAN FOR NIFTY AND BANK NIFTY FOR 25-04-2022LEVELS 29-11-2021 NIFTY
RES- 1. 36070
2.36200 17220
3.-------- 17280
SUP-1.35940 17170
2.35750 17000
This channel provides Nifty and Bank Nifty analysis and provides swing trades for equity.
The channel is also a provider of technical knowledge on technical analysis.
This is merely a recommendation channel, so please do your own analysis as I am not a SEBI registered analyst.
Please support the channel by liking, sharing and subscribing.
Regards
Maverick Trader
#maverick #trader #mavericktrader #india #nse #bse #stock #markets #stockmarkets #trading #investment #nifty #banknifty #bank
Channel run by
K.G. Varoon
Dhruv Shah
nifty current scenarioNifty View:- In recent times Nifty has completed the target of the H&S pattern of minor trend and going to make another H&S pattern of a major trend. This pattern could be a trend continuation or a reversal pattern if it completes it will complete the target and could be reversed from here. In another scenario, Nifty can complete broadening top formation then reversed from here and about to make another trend.
Disclaimer:- This analysis is for education purposes only. I may be wrong. Trade is not recommended.
Rossel India : Breakout Trade 22 Apr 22Rossel India : Breakout Trade 22 Apr 22
- Rossell India BO after trading in 98-211 price zone for the past 17 months.
- Likely peak volume is absorbed, counter can show good momentum
Levels are mentioned on the chart
Some BO :
Wish You Happy & safe trading
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
"Always Respect Risk"
Happy Trading
Jai Hind Jai Bharat
Nifty at major supportNifty is trading at major support but don't go for long until Shows good moment with two 4h candles. Don't scalp at support as we have big dump Today market still have ability to push market down, also Ukraine and Russian war and many other factors are looking bad, so let's wait for momentum fisrt!
Reiterating Buy Call on Deepak Fertilizer🤩💸🔥Buy Deepak Fertilizers & Petrochemicals Corp. for Positional Trading as well as Investment.💸🔥💸
Comment your views‼️😄
.
💡Market Position:
1) 2nd largest manufacturer of Nitric Acid in South East Asia & the largest in India.
2) Leading manufacturer and marketer of Isopropyl Alcohol ( IPA )(market share of 65% in FY 2019-20.) The only producer & merchant of IPA in India.
3) Only manufacturer of NP prill 24:24:0 fertiliser & TAN solids in India.
4) Largest manufacturer of Bentonite Sulphur in India.
5) Market leader in speciality and water-soluble fertilisers in India.
.
✔️ Technically & Fundamentally Strong💪💪
The company recently posted an Amazing Q3 Result.
.
💎@technofunda_trader
Few Important rules from my Trading Philosophy:
1. Don't compromise on the quality of stock.
2. Buy right, Sit tight- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar issues.
3. Don't invest more than 5-10% in any stock & more than 25% in any particular or related sector. If stock is risky don't invest more than 2-3%.
4. Build position gradually as the stock rises.
5. Trade in the direction of the bigger trend.
6. Ride the trend, don't sell your winners early.
.
Like, Comment & Share 😄😄😄
TRADING PLAN FOR NIFTY AND BANK NIFTY FOR 18-04-2022LEVELS 29-11-2021 NIFTY
RES- 1. 37550
2.37700 17530
3.-------- 17600
SUP-1.37380 17460
2.37200 17400
This channel provides Nifty and Bank Nifty analysis and provides swing trades for equity.
The channel is also a provider of technical knowledge on technical analysis.
This is merely a recommendation channel, so please do your own analysis as I am not a SEBI registered analyst.
Please support the channel by liking, sharing and subscribing.
Regards
Maverick Trader
#maverick #trader #mavericktrader #india #nse #bse #stock #markets #stockmarkets #trading #investment #nifty #banknifty #bank
Channel run by
K.G. Varoon
Dhruv Shah
Stock is at Crucial Levels : HCL Tech
HCL Tech is above its long term trendline starting Nov 2020, which is been respected 6 times in the past(Trendline life - approx 18 months), price action starting Sep 21 was the HH of the sequence, followed by LH & LL...as of now, stock is at crucial level & might continue the bearish sequence starting Sep 21.....Plan 1 & 2 with levels are mentioned on the chart
Wish You Happy & safe trading
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
"Always Respect Risk"
Happy Trading
Jai Hind Jai Bharat