Pennant
BREAKOUT IN AMBER ENTERPRISES!!!BUY - AMBER ENTERPRISES
CMP - Rs. 2127
Target - 1: Rs. 2725
Target - 2: Rs. 3173
Target - 3: Rs. 3740
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Technicals - Trendline Breakout
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Why should you invest in this stock?
a) According to sales estimates from analysts polled by Standard & Poor's, the company is among the best with regard to growth.
b) The company's earnings per share (EPS) are expected to grow significantly over the next few years according to the consensus of analysts covering the stock.
c) Over the last twelve months, the sales forecast has been frequently revised upwards.
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This is just a view by an expert analyst, please invest at your own risk.
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BREAKOUT OF THE YEAR - HYDERABAD INDUSTRIES LTD!!!BUY - HIL LTD
CMP - Rs. 3119
Target - 1: Rs. 4650
Target - 2: Rs. 5650
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Technicals - Descending Channel BO
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Fundamentals -
Hyderabad Industries Ltd. is a company that manufactures and markets building products and thermal insulation products in India and internationally.
It operates in two segments, Building Products, and Thermal Insulation Products. The company has a market capitalization of Rs. 2,275.85 crore (US$ 307.6 million) as of November 2023.
It has a P/E ratio of 17.49 and a dividend yield of 2.12%. The company's promoters hold 40.59% of the shares, while non-promoters hold 6.19%, the government holds 4.05%, domestic institutional investors hold 3.52%, foreign institutional investors hold 6.98% and others hold 38.67%.
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This is just a view by an expert analyst, please invest at your own risk.
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TANEJA AEROSPACE - 87% RETURNS!!!BUY - TANEJA AEROSPACE & AVIATION LTD
CMP - Rs. 129
Target - 1: Rs. 187
Target - 2: Rs. 240
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Technicals - Bullish Pennant nearing BO
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Fundamentals - 1) 239% Increase in net profit YoY.
2) 383% Increase in EPS YoY.
3) 28% Increase in Sales YoY.
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This is just a view by an expert analyst, please invest at your own risk.
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LT BULLISH PENNANT VERGE OF BREAKOUT ??!!! Chart pattern looks good for the long trade with minimal risk
Bullish pole pennant formation yet to give Breakout
Nothing much to explain, As the chart explains the situation
Bright green dashed lines- Target levels
Bright red dashed line- SL
Entry can be now or after the Breakout of the pennant.
Let's wait and watch how it moves!!!
NOTE - Just sharing my view...not a tip nor advice!!!
Get Ready for A Big MoveHii All,
Bank Nifty is creating a Pennant seems there is going to be good move on the up-side.
Sharing 15 min Chart of Bank Nifty.
Resistance - 43700
Support - 42660
Important Things
1. This is only for educational purposes only.
2. Never over trade.
3. Always keep Stop Loss.
4. Trade in limited quantity.
5. Taking a small loss is better than wiping up your whole capital.
I hope you found this idea helpful.
Please like and comment.
Share with Your Friends.
Keep Learning,
Happy & Safe Trading
Ashokley Numerous Bearish signs!!!!Chart Patterns look good for a short trade
REASONS
1. In Weekly timeframe, Ashokleyland broke out of the Ascending channel on sep 2022 & Right now it formed a Bearish Pennant pattern and Gave breakdown for that too!!!(SHOWN BELOW)
2. In daily time frame, it is moving alike Inverted cup& Handle pattern(shown below)
3. In 2hr timeframe, it is trading inside a DESCENDING CHANNEL and also there is Bearish pole pennant pattern seen.
4. There is an UNFILLED GAP ZONE (127- 125 RANGE)(Gaps often gets filled)
5. Target(dashed bright green lines) & Sl(dashed red line ) levels mentioned @ chart
6. Gap zone(green rectangle ) can acts as good support!!
Just be fixed with the SL level.
Let's wait and watch how it moves!!!
NOTE - Just sharing my view....not a tip nor advice!!!!
BHARTIARTL UNDER BEARS SPECTRUM !!!!Chart Patterns insist me the above titled opinion
REASONS
1. BhartiArtl has been trading inside a Ascending channel pattern(bright red & green trendlines )and right now down swing move is under process(in the form of descending channel)
2. In the weekly time frame , it looks alike a Bearish pennant formation and given breakdown out of consolidation(shown below)
3. In the daily timeframe , Head & Shoulders pattern too visible (shown below)
4. There is Consolidation zone(in form of a rectangle box).
5. SL can be day candle closing above 796 (candle escaping out of the box)
6. Target - 730,717,700
7. Strong support down near 675 levels(rectangle box shown)
Let's see how it moves!!!
NOTE - Just sharing my view....not a tip nor advice!!!