BUY - WABAG CMP - Rs. 354 Target - 1: Rs. 515 Target - 2: Rs. 710 . . Technical - 1) Trendline BO 2) Cup and Handle(nearing BO). . . Fundamentals - 1) VA Tech Wabag Limited (NSE:WABAG) is considered a reasonable investment option due to its current share price increase of over 10%. Its price-to-earnings ratio of 12.34x is lower than its industry peers’ ratio...
BUY - NFL CMP - Rs. 86 Target - 1: Rs. 108 Target - 2: Rs. 130 . . Technicals - 1) Price-Volume analysis supported by the cup and handle chart pattern breakout. . . Fundamentals - 1) Financial Performance: In the fiscal year 2020-21, National Fertilizers Limited reported a consolidated net profit of INR 1,288 crore, an increase of 123% compared to the...
BUY - GM BREWERIES CMP - Rs. 599 Target - 1: Rs. 810 Target - 2: Rs. 1020 . . Technicals - 1) Bullish Flag BO, supported with high volumes. 2) Historical trend ranging from August' 15 to May' 18 resembles the current trend, indicating a bullish continuation. . . Fundamentals - GM Breweries Limited (NSE:GMBREW) is an Indian company engaged in the manufacture...
BUY - FACT CMP - Rs. 282 Target - 1: Rs. 380 Target - 2: Rs. 490 . . Technical - 1) Bullish Flag BO supported by high volumes. 2) Targets set using historical data, price movement, and retracement of the flag pole. . . Fundamentals - 1) Financials: Revenue: For the financial year 2021, the company had a total revenue of INR 2,818.96 crores, a decrease from...
Bullish Flag BO in BANKNIFTY indicating further upside. . Targets have been set using Fibonacci Retracements, with respect to the flag pole as highlighted on the chart. . Refer to the chart for more details. . This is just a view, please trade at your own risk. . Follow me for more!
Nifty Looking bullish if the trend solidifies further breaking resistances of 17750 & 17785.
SHORT TATA STEEL LTD CMP - Rs. 107 Target - 1: Rs. 85 Target - 2: Rs. 72 . Bearish Flag BO on the weekly chart . Maximum Returns - 33% . This is just a view, please trade at your own risk. . Follow me for more!
BUY - SONACOMS CMP - Rs 422 Target - 1: Rs. 593 Target - 2: Rs. 806 . . Technical - 1) Bullish Cypher Harmonic Pattern. 2) The stock is at support. 3) Targets have been set using Fibonacci Retracement. . . Fundamentals - 1) Company has opened a new manufacturing plant in Pune. 2) 62.66% YoY growth in EPS. 3) FII holding has increased QoQ. 4) DII holding increased...
BUY - EXIDE INDUSTRIES CMP - Rs. 183 Target - 1: Rs. 212 Target - 2: Rs. 260 . . Technical - 1) Double Bottom Pattern (before breakout). 2) Bullish Flag Breakout 3) Targets have been set using previous swing highs and Gann Fan. . . Fundamentals - 1) The automobile batteries manufacturer has bought 24.80 lakh equity shares in Ulric Renewables, at a price of...
BUY - IRB INFRASTRUCTURE CMP - Rs. 26 Target - 1: Rs. 34 Target - 2: Rs. 40 Target - 3: Rs. 58 . . Technical - 1) Flat Base Pattern. 2) High Volumes in previous trading sessions indicating potential breakout. 3) Double Bottom chart pattern. 4) Positive breakout at first resistance, LTP>R1. . . ...
BUY - BANK OF BARODA CMP - Rs. 166 Target - 1: Rs. 195 Target - 2: Rs. 235 . . Technicals - 1) Bullish Flag Pattern Breakout . . Fundamentals - Deposits rose by 15.1% YoY in the quarter ended March FY 2023. . . Follow me for more!
As you can see, the Red candle that formed today didn't have many sellers to drive the stock down. & it maintained right on the top side of the trendline, hinting for a higher breakout chance. Wait for Adani to break out, and this will stock will too!
Icici Bank correction can continue if doesn't gets above 896 zone.. Downfall can be big till 800 730 630 levels..
Narayana Hrudayalaya Limited (NH) is a company that is currently experiencing a bullish trend in higher time frames such as the monthly and weekly. On the daily time frame, it is observed that the downtrend channel has been broken and a retest of the downtrend channel and support zone has occurred, forming a Drop Base Rally pattern. Additionally, there is a demand...
DALBHARAT:- Ascending triangle pattern has formed, breakout has given, keep your eye on the stock Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my other ideas to get to know...
ASHIANA:- Cup and handle pattern has formed, wait for breakout, till then keep an eye on the stock Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my other ideas to get to know...
ABB:- Rounding bottom is formed, wait for the breakout, till then keep an eye Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my other ideas to get to know about all the...
BUY - GODREJ CONSUMER PRODUCTS CMP - Rs. 967 Target - 1: Rs. 1066 Target - 2: Rs. 1132 Target - 3: Rs. 1312 . . Technicals - Ascending Triangle Breakout . . Follow me for more!