CONCOR - Bullish Swing ReversalNSE: CONCOR is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 11% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
Disclaimer:
This is for educational purposes only.
Nseindia
Mahindra & Mahindra : Technical analysisMahindra & Mahindra : 2023
Simply pointing some point to study the Mahindra & Mahindra chart.
* M&M in a uptrend, you can see that when a uptrend stock go blow 50 EMA we eventually thing its going down but basically its taking a retracement or finding supports.
* In longer term it can give maximum amount of return in short term.
1. Simply in a uptrend zone.
2. Above 50 EMA.
3. bullish for long.
4. Risks & Rewards (2:1)
5. wait for retracement
6. wait & watch.
Conclusion:
My analysis shows potential strong bullish run.
I am not a sebi registered analyst. My studies are for education purposes only.
MAZDOCK - Bullish Consolidation Breakout with VolumesNSE: MAZDOCK is closing with a bullish consolidation breakout candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 13% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
JKPAPER - Bullish Swing ReversalNSE: JKPAPER is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
ZEEL - SWING TRADE -3rd December #stocksZEEL (1D TF)
Swing Trade Analysis given on 3rd December, 2023 (Sunday)
Pattern: SYMMETRICAL TRIANGLE
- Volume Spike Near Resistance Trendline - Done ✓
- Trendline Breakout - In Progress
- Retracement + Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #zeel
ROSSARI - SWING TRADE - 3rd December #stocksROSSARI (1W TF)
Swing Trade Analysis given on 3rd December, 2023 (Sunday)
Pattern: AT SUPPORT / DEMAND ZONE
- Weekly Pullback Candle - Done ✓
- Volume Spike at Support - Done ✓
- Retracement + Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #rossari
ARVSMART - Symmetrical Continuation Triangle (Bullish)NSE:ARVSMART - DAILY CHART ANALYSIS
Pattern found - "Symmetrical Continuation Triangle (Bullish)"
A "Symmetrical Continuation Triangle (Bullish)" is a technical chart pattern used in technical analysis to predict potential future price movements in financial markets, particularly in stocks, currencies, commodities, or other assets.
This pattern is considered a continuation pattern, implying that it often suggests that the prevailing trend will continue after a period of consolidation.
Traders and investors use this pattern to make trading decisions. When a bullish symmetrical triangle pattern forms, it suggests that there is a good chance the asset's price will continue its previous upward trend, and traders may consider buying the asset.
However, like all technical patterns, it's essential to remember that they are not foolproof, and traders should use other indicators and risk management strategies to guide their decisions.
Always consider the broader market context and use other tools and analysis methods to increase the probability of successful trades or investments.
CANFINHOME - Bullish Consolidation BreakoutNSE: CANFINHOME is closing with a bullish consolidation breakout candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
NAVINFLUOUR - SWING TRADE - 1st December #stocksNAVINFLUOUR (1D TF)
Swing Trade Analysis given on 1st December, 2023 (Friday)
Pattern: ASCENDING TRIANGLE
- Volume Spike Buildup Near Resistance - Done ✓
- Neckline Breakout - In Progress
- Retracement + Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #navinfluor
TTML - Bullish Consolidation Breakout with VolumesNSE: TTML is closing with a bullish consolidation breakout candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
Bullish Flag Pattern Breakout & Pullback Pattern in Persistent.Hello Traders & Investor,
I have brought another analysis on Persistent System which has given a neat and clean breakout of BULLISH FLAG PATTERN , after that price has pullback to retest the breakout zone. Now it is ready to fly in blue sky..Well Guy's i already have told earlier about this flag pattern but still i will tell you all in short here,
Q:- What is a flag pattern?
Rahul:- A flag is a formation in the technical chart representing a period of temporary consolidation or pause before the trend continues to move either upward or downward.
I hope you have got it.
So, guy's whenever you see this pattern, wait for breakout and then take entry or you can enter after retest the levels (Pullback). The risk and reward is really very favorable if you take entry after any bullish flag pattern breakout.
ABOUT COMPANY:-
Persistent Systems provides software engineering and strategy services to help companies implement and modernize their businesses. It has its own software and frameworks with pre-built integration and acceleration. It also has partnership with providers such as Salesforce and AWS.
Market Cap
₹ 45,375 Cr.
Current Price
₹ 5,899
High / Low
₹ 6,035 / 3,611
Stock P/E
45.2
Book Value
₹ 574
Dividend Yield
0.68 %
ROCE
30.3 %
ROE
25.3 %
Face Value
₹ 10.0
Debt
₹ 555 Cr.
EPS
₹ 128
PEG Ratio
1.84
Promoter holding
31.1 %
Intrinsic Value
₹ 2,371
Pledged percentage
0.00 %
EVEBITDA
26.6
PROS
Company is expected to give good quarter
Company has delivered good profit growth of 24.6% CAGR over last 5 years
Company has been maintaining a healthy dividend payout of 36.6%
Company's median sales growth is 17.4% of last 10 years
CONS
Stock is trading at 10.3 times its book value
Important levels for .PERSISTENT SYSTEM LTD.
Buy in between 5915-5850.
Targets we can see 6370/6883+
Keep Stop loss at 5599.
Price is above 200 EMA
We have seen Proper Breakout of Bullish Flag Pattern in daily timeframe.
with Good Volume
Price is sustaining above breakout of Flag Pattern and it has given pull back to retest the levels
MACD and RSI has given bullish crossover (I have not placed RSI here as i want chart neat and clean but i have analysed already)
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.
AMBUJACEM - Bullish Swing ReversalNSE: AMBUJACEM is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
TATA COFFEE : Technical Analysis
TATA COFFEE 2023
Simply pointing some point to study the TATA COFFEE chart.
1. Simply in a uptrend zone.
2. Forming rectangle
3. Above 50 EMA.
4. Q2 result is good
5. bullish for long.
6. Risks & Rewards (2:1)
Conclusion:
My analysis shows potential strong bullish run.
I am not a sebi registered analyst. My studies are for education purposes only.
PLASTIBLEN - SWING TRADE - 27th November #stocksPLASTIBLEN (1W TF)
Swing Trade Analysis given on 27th November, 2023 (Monday)
Pattern: NECKLINE RESISTANCE BREAKOUT
- Neckline Resistance Breakout - Done ✓
- Volume Buildup & Spike - Done ✓
- Retracement + Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #plastiblen
5PAISA - SWING TRADE - 27th November #stocks5PAISA (1D TF)
Swing Trade Analysis given on 27th November, 2023 (Monday)
Pattern: RECTANGLE BOX BREAKOUT
- Resistance Breakout - Done ✓
- Volume Spike - Done ✓
- Retracement + Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #5paisa
FCL - SWING TRADE - 27th November #stocksFCL (1W TF) - FINEOTEX CHEMICAL
Trade Analysis given on 27th November, 2023 (Monday)
Pattern: ASCENDING TRIANGLE BREAKOUT
- Resistance Breakout - Done ✓
- Volume Spike - Done ✓
- Retracement + Consolidation - In Progress
#stocks #swingtrade #priceaction #traderyte #fcl
BREAKOUT, YES BANK, 175% RETURNS!!!BUY - YES BANK
CMP - Rs. 17
Target - 1: Rs. 24
Target - 2: Rs. 34
Target - 3: Rs. 48
.
Timeframe - Target - 1: 4-6 months, Target - 2: 8-12 months, Target - 3: 14-20 months
.
Technicals - Trendline Breakout
.
This is just a view by an expert analyst, please invest at your own risk.
.
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