Pennant
Bata Weekly falling wedge Bullish Divergence Squeeze Hello Everyone,
Bata India formed RSI bullish Divergence on weekly timeframe also afalling wedge pattern monthly timeframe peanut chart pattern upside breakout possibilities so buy on dips is good strategy once break above 1550-1600 will go for 2000,2200,2500++
Flag and Pole in Styrenix what was the old INEOS StyrolutionOverall the pattern shows that a convergence is happening at this level
When we look at the stock over a long period of time, what I realise is that the patterns are repetitive and it has not participated in the bull market as much as the other stocks.
Looking at the shareholding pattern also we can understand that the no.l of shareholders in this counter are only 45,000 which means only savvy and old timers what knew this counter and IPO investors are there rather than catching the frenzy of FNO and traders and mass allotments.
Crudeoil MCX positional IMP level postionalHello Everyone,
MCX Crude trading at 58 40-50 at very crucial support or ema 200 and trendline with breakut retest set up, Buy on dips till 5600 with positional Stop loss 5450 upside possible 6200,6550,6970,7300++ If Breaks of support 5220,5030,4850 possible.
AWHCL: A bullish pennant breakoutAWHCL has recently exhibited a breakout from a bullish pennant pattern on the daily chart. The breakout from the bullish pennant pattern is characterized by a significant price movement beyond the upper boundary of the pennant. This breakout is often seen as a signal of a strong buying interest and can lead to sustained upward price action.
The stock has closed above the previous week's high, a critical technical level that reinforces the positive outlook. This closure suggests increased buying pressure and establishes a strong foundation for potential growth.
AWHCL presents an attractive opportunity within the demand zone of 760-770. This area has historically demonstrated robust buying interest, indicating a potential reversal or support point for the stock. Based on current price action, the next discernible supply zone is projected to be around the 899 level. This zone may act as a resistance point where profit-taking could occur, thus requiring careful monitoring as the stock approaches this area. Based on the technical setup, AWHCL has the potential for an approximate 15% upside from the demand zone. A prudent stop-loss level may be below 731 to mitigate risk in case of adverse price movement.
Disclaimer: The information provided in this technical analysis report is for informational and educational purposes only and should not be interpreted as financial advice. Investors are encouraged to conduct their own comprehensive research or consult with a financial advisor before making any investment decisions.
Samvrdhna Mthrsn Intl Ltd near ATH Daily TimeframeSamvrdhna Mthrsn Intl Ltd Gave a good breakout of bullish pennant chart pattern and is now testing its all time high
A Good Daily Closing above 210 levels can bring further upside momentum in the stock with possible targets ~232 ~262 and ~296
Intial SL will be prev swing low i.e 199.4
Do Wait For Daily Candle Close
BAJAJ FINSERV ATH BREAKOUTBajaj Finserv has been consolidating since 2021 and had formed a bullish pennant pattern , which it has already given breakout of , If The stock gives strong weekly closing above all time high levels with good volumes it can bring further momentum in stock
Do lookout for weekly closing above 1933 levels for possible target of ~ 2800 on positional basis
Hfcl in sky zoneMultiple trendline supports and resistance denoting that share is respecting trendline...
Breakout through it with Massive volume and as of now share is trading in sky zone...
Share is in demand with excellent fundamentals and growth amid 5G network evolution in India.....
Consult with your financial advisor and buy on your own risk
This is not buy or sell tip
I'm not a sebi Registered advisor
PENNANT PATTERN in GRAVITANSE:GRAVITA : Good fundamental stock looking strong on chart
formed Pennant pattern on day chart.
On breaking out pattern can expect more 450-500 points move in stock as pattern target around 2800.
Support levels 2180-2170 zone
good risk reward ratio
for educational purpose only. no buy or sell recommendation
JUBLPHARMA - standing strong amongst crisisJubilant Pharmova Limited (JUBLPHAram) is a prominent player in the pharmaceutical and life sciences industry. Here's a bird's eye view of its fundamentals:
### **Company Overview**
- **Industry**: Pharmaceuticals and Life Sciences
- **Headquarters**: Noida, India
- **Key Segments**: Pharmaceuticals, Contract Research and Manufacturing Services (CRAMS), and Proprietary Novel Drugs
### **Financial Performance**
- **Revenue**: The company has shown consistent revenue growth over the past few years, driven by its diversified business segments.
- **Profitability**: Jubilant Pharmova has maintained a healthy profit margin, supported by its strong operational efficiency and cost management.
- **Debt**: The company has a manageable debt level, with a focus on maintaining a balanced capital structure.
### **Key Strengths**
- **Diversified Portfolio**: The company operates in multiple segments, reducing dependency on any single revenue stream.
- **Global Presence**: Jubilant Pharmova has a significant international footprint, with operations in several countries.
- **Innovation**: Strong focus on R&D, leading to a robust pipeline of new products and services.
### **Challenges**
- **Regulatory Risks**: Being in the pharmaceutical industry, the company faces stringent regulatory requirements.
- **Market Competition**: The industry is highly competitive, with numerous players vying for market share.
### **Future Outlook**
- **Growth Opportunities**: Expansion in emerging markets and continued investment in R&D are expected to drive future growth.
- **Strategic Initiatives**: The company is focusing on strategic partnerships and acquisitions to enhance its market position.
BRITANNIA -Bullish Pennant Breakout -DailyBRITANNIA -Bullish Pennant Breakout: Daily
Name - BRITANNIA
Pattern - Bullish Pennant
Timeframe - Daily
Status - Breakout
Volume - Good
Cmp - 5922
Target - 6400
SL - 5865
Pattern : Bullish pennant
A bullish pennant pattern is a pattern in technical analysis that signals a bullish trend continuation after a brief market price consolidation during an already established price uptrend. A bullish pennant is a bullish continuation pattern and not a reversal pattern. A bullish pennant's alternative name is a "rising pennant pattern".
Here are some key fundamental ratios and metrics for Britannia Industries Ltd.:
Key Financial Ratios:
Price to Earnings (P/E) Ratio: 63.48
Price to Book (P/B) Ratio: 40.39
Return on Equity (ROE): 76.04% (FY 2023)
Return on Capital Employed (ROCE): 55.50% (FY 2023)
Debt to Equity Ratio: 0.56
Net Profit Margin: 11.5%
Operating Profit Margin: 15.3%
Earnings Per Share (EPS): ₹83.45
Financial Highlights:
Market Capitalization: ₹1,00,000 crore
Revenue Growth (YoY): 13.2%
Dividend Yield: 1.5%
These metrics provide a snapshot of Britannia Industries Ltd.'s financial health and performance.
ElectroSteel Casting - Double Bottom & Rectangle BreakoutElectroSteel Casting has given a double bottom and Rectangular breakout and re-tested as well. We can see price moving towards 285-300. Other factors:
1. Best TTM profits
2. FIIs & Promoters increasing stake
3. RSI will improve
4. There is a pennant / triangular breakout as well
Right Stock at Right Time at Right Price by Cleaneasycharts!!
Cheers!!!