Pivot Points
BSE Bouncing from a support Zone...Stock: BSE Ltd.
Chart Pattern: Potential breakout with retest near support.
Key Levels:Entry: ₹5,553.30
Target (T1): ₹5,848.10
Stop Loss (SL): ₹4,985.95
Observations:
✅Retesting a key zone and taking support at 50 DMA and bouncing.
✅Cup and handle formation played out earlier, now forming higher lows.
✅Volume remains supportive for upward momentum.
✅Resalient to market fall
✅Trading above Key DMAs
✅Strong RSI
Risk-Reward: Moderate-to-high, ideal for positional traders.
Can consider fresh entry further addition if it gives a clean breakout from 5849 levels.
⚠️Remember, we are trading against the trend. If Overall Markets were to fall further then this would also fall.
Disclaimer: This post is for educational purposes, not financial advice.
Stock Analysis: #AZADHello, Traders! 👋
Here’s my take on #AZAD, a stock I’m currently holding:
📈 Technical Overview:
🔹 Volume activity looks promising, indicating growing interest.
🔹 My ILTF indicator signaled a BUY on 5th Nov 2024, and the trend remains favorable since then.
📊 Fundamental Insights:
While I focus on technicals, I also track fundamentals, which for #AZAD appear to be solid and supportive of long-term growth.
💡 Current Position:
As a holder, I’m monitoring both price action and fundamentals closely. My view might be a bit biased, but the setup looks strong for now.
⚠️ Disclaimer:
🔹 I am not a SEBI-registered advisor.
🔹 This analysis reflects my personal views and is not a recommendation to buy or sell.
🔹 Shared for learning purposes only—please do your own research or consult a professional.
What’s your take on #AZAD? Let’s discuss below! 🚀
#TradingView #StockAnalysis #MomentumTrading #AZAD
BRITANNIA [POSITIONAL | SWING] [LONG]I have taken a long entry In BRITANNIA At 4800
Upcoming Tax budget will have relaxation which would boost FMCG & Auto sector.
Fundamental Information
Britannia Industries Limited is a leading player in India's fast-moving consumer goods (FMCG) sector, renowned for its extensive range of bakery and dairy products. Let's delve into its fundamental strengths and key financial metrics:
Market Position and Brand Strength: Britannia boasts a robust brand presence with products like Good Day, Marie Gold, and NutriChoice, enjoying significant market share in the biscuit segment.
Financial Performance:
Revenue Growth: For the fiscal year ending March 2024, Britannia reported a revenue of ₹46.68 billion, marking a 5% increase from the previous year.
REUTERS
Net Profit: The net profit for the same period was ₹5.31 billion, reflecting a decline attributed to challenges like urban demand slowdown and commodity inflation.
REUTERS
Profitability Ratios:
Gross Margin: Stood at 43.05%, indicating efficient production cost management.
INVESTING
Operating Margin: Reported at 17.28%, showcasing effective control over operating expenses.
INVESTING
Net Profit Margin: At 12.9%, reflecting the company's ability to convert revenue into profit.
INVESTING
Valuation Metrics:
Price-to-Earnings (P/E) Ratio: Approximately 68.38, suggesting market expectations of future earnings growth.
INVESTING
Price-to-Book (P/B) Ratio: Around 37.96, indicating investor confidence in the company's asset utilization.
INVESTING
Database in trading SQL remains a fundamental tool for querying and managing data. SQL's simplicity and power make it accessible to both beginners and experts. In trading systems, SQL enables efficient data retrieval and manipulation. Users can write SQL queries to analyze market trends and execute trading strategies.
Postgres is an open-source production-ready database with lots of use cases. Mongo is a NoSQL alternative that can sometimes be much faster than SQL databases. Arctic is built upon Mongo to make it even more helpful for those who work with market data, as Arctic supports pandas dataframes and NumPy arrays by default.
Trading Idea For Kingfa
📊 Analysis:
KINGFA has shown strong momentum, breaking above key moving averages (EMA 50 and EMA 200).
Increased volume indicates accumulation and a potential breakout continuation.
The bullish candlestick formation supports further upside movement.
📈 Trading Plan:
Entry Point: ₹3,600 (confirm entry above this level with good volumes).
Target 1 (T1): ₹3,800
Target 2 (T2): ₹4,000
Stop Loss (SL): ₹3,450
🛑 Risk-to-Reward Ratio: Approximately 1:2
💡 Note:
This trading idea is for educational purposes. Always conduct your own research (DYOR) and manage risks carefully before taking any trades.
Trading Idea: Kalyan JewellersCurrent Price: ₹777.80
💡 **Key Levels to Watch:**
- **Resistance Zone**: ₹794.70
- **Target**: ₹874.20
- **Stop Loss**: ₹758.95
📈 The stock is showing bullish momentum with strong volume and staying above key EMAs (746.22, 723.67). A breakout above ₹794.70 could signal further upside toward ₹874.20.
💡 **Strategy:**
1️⃣ **Buy Zone**: Above ₹780 for confirmation of the breakout.
2️⃣ **Stop Loss**: ₹758.95 to manage risk.
3️⃣ **Target**: ₹874.20 for a potential upside of ~12%.
🚨 **Note:** Trade with proper risk management. 📉 Avoid entry if the stock closes below the stop loss level.
About to breakout swing trading!!🔍 Key Observation:
The stock is currently trading near a critical resistance level at ₹170. A breakout above this level can trigger further bullish momentum 📈.
🎯 Trade Setup:
Buy Above: ₹170
Stop-Loss: 3% below the entry price (₹165) 🔐
Target:
🎯 First Target: ₹187
📊 Technical Signals:
Resistance: ₹170 is a key breakout level to watch 🚀.
Volume: Look for increasing volume to confirm breakout strength 🔥.
🧠 Action Plan:
Wait for the stock to close or trade convincingly above ₹170 before entering.
Set a tight stop-loss to manage risk effectively ✅.
💡 Risk-Reward: Favorable for short-term traders aiming for a 10%+ upside potential with controlled downside
TATACONSUM levels As of December 29, 2024, Tata Consumer Products Limited (TATACONSUM) closed at ₹907.95 on the National Stock Exchange (NSE), reflecting a 0.78% increase from the previous close.
Technical analysis indicates the following support and resistance levels:
Immediate Support: ₹902.05
Immediate Resistance: ₹918.20
Short-term Support: ₹903.19
Short-term Resistance: ₹930.55
Medium-term Support: ₹874
Medium-term Resistance: ₹1,060
These levels suggest that if the stock price declines, it may find support around ₹902, potentially preventing further decreases. Conversely, if the price rises, it may encounter resistance near ₹918, which could impede further gains.
Trading Idea: Gravita India Ltd (NSE) 📊 Pattern Formation:
Gravita India is forming an ascending triangle pattern on the daily chart, a bullish continuation setup.
The stock is consolidating above key EMAs (20, 50, and 200), indicating strong momentum.
💡 Entry Zone:
A breakout above the resistance at ₹2,260 could present a buying opportunity.
🎯 Target:
Upside potential target at ₹2,600, aligning with the triangle's breakout projection.
🛑 Stop Loss:
Set your stop-loss at ₹2,186, just below the lower trendline, to manage risk.
📈 Volume Confirmation:
Ensure higher volumes during the breakout to validate the move.
⚖️ Risk-to-Reward Ratio:
Attractive 2:1 risk-to-reward ratio, making it a favorable setup.
BALKRISIND - Breakout in Falling WedgeView : Bullish
Entry Zone- 2860- 2800 (Trend line breakout)
Exit Zone - Based on Trader mindset. Exit 1 - 2935
Exit 2- 3050
Exit 3 - 3300
Stoploss : Close below 2750
Timeframe: Daily
Notes: Trednline break out the Falling wedge pattern. Price consolidates since May 2024.
How to draw support and resistance The most reliable source for identifying support and resistance levels is historical prices, making them invaluable to traders. The key is to familiarise yourself with past patterns – sometimes from very recent activity – so you can recognise them if they appear again.
Simply mark visible highs and lows on your chart; the higher highs and lower highs will serve as resistance levels, whereas the lower lows and higher lows will serve as support levels. It is always recommended that these lines are marked on longer timeframes to have reliable support and resistance levels.
BLBD 25 Dec 2024in.tradingview.com
H2FY25
EV Units:
The company anticipates selling 1,000 to 1,300 EV units, with most sales expected in the second half of the fiscal year. The midpoint of this range is 1,150 EV units, a substantial increase over the 700 EVs expected for FY24. This represents a more than 60% increase in EV deliveries.
FY25
Stable Pricing:
The company anticipates stable pricing, supported by its ability to implement price increases and manage costs. They implemented a price increase of $3,500 per bus for orders received after October 1, 2024.
Alternative Fuel Leadership:
Blue Bird is the sole provider of propane-powered school buses, offering a unique advantage. They also hold a strong position in the EV market, with a growing number of buses on the road.
MTAR Technologies Ltd view for Intraday 23rd Dec #MTARTECH
MTAR Technologies Ltd view for Intraday 23rd Dec #MTARTECH
Resistance 1740 Watching above 1744 for upside movement...
Support area 1700 Below 1720 ignoring upside momentum for intraday
Support 1700 Watching below 1695 or downside movement...
Resistance area 1740
Above 1720 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,