Unlock 50% gain with MGL from CMPPosition Traders, Here's Your Opportunity! If you're into positional trading, now could be your moment to invest. MGL is currently at a strong support level on a monthly time frame, showing robust company fundamentals.
Don't miss out on this chance to grow your portfolio. Invest smart, and let's aim for those profits together! 📈
🚨DYOR
🚨SL must, it depend's on your risk appetite
Positional
Astral - Keep An EyeThe stock price has dropped around 40% in the last six months. Now coming at the multiple support levels as shown on the chart. If it gives a reversal from the support levels, it may go into a bullish phase again.
It may reverse from 1550 or 1470 levels. One should wait for the reversal signs according to their setups.
Possible targets may be 1685/1770/1930+
The setup fails if the price sustains below 1440. Better to keep the position size following risk management or exercise hedging.
This is only for learning and sharing purposes, not a buy or sell recommendation. Please do your research before taking any trade.
All the best.
Britannia - Low Risk SetupCMP 4834 on 05.01.25
The charts mention all important levels. This time, the stock has bounced back from a long-term support channel and formed a double-bottom pattern.
If the momentum continues it may go to 5240/5580 or more.
If it sustains below 4650, the setup goes weak.
one should keep the position size following risk management.
All this illustration is only for learning and sharing purposes, it is not trading advice.
All the best.
Aarti Ind - Low Risk OpportunityIn the last 6 months, the stock price has come down around 40%. This time has been consolidating in a small range in recent days.
MACD is showing a possible reversal on a weekly basis.
If it gives a reversal, it may go into a bullish phase again.
Possible targets are 485/570/620++.
If it sustains below 370, the setup goes weak.
One has to keep the position size in accordance with risk management.
This illustration is my own view. It is only for learning and sharing purposes. It is not a buying recommendation.
All the best.
Keep an Eye - Good to go above 2530Grasim Industries Ltd CMP - 2499 Looks good on Daily time frame. Uptrend then side ways consolidation for almost 6 Months , then Support breaks and remove Buyers . Looks good with 1:3 Risk to Reward.
Disclaimer :- Idea shared for information and education purposes only and should not be treated as investment or trading
Himatsingka Weekly - Keep On watchThe stock price has formed a Cup & Handle-like pattern in recent years. In recent sessions, gave a breakout and on the retest levels now.
If it bounces back from these levels, may go into a bullish phase again which may carry the price to 255/305/ 450.
This setup is valid unless the price sustains above the purple trendline as shown on the charts.
In this kind of trade, one has to keep the position size and stop loss according to risk management.
This is only for learning and sharing purposes, not a piece of trading advice.
I wish you a very HAPPY NEW YEAR 2025 & All the best for your trading journey.
Angelone - Keep On WatchThe chart is self-explanatory. After retracing 100%, from 3900 to 2000 in July 2024 it has resumed upside movement in the last 6 months.
At present consolidating at the important resistance around 2800.
If it reverses from these levels, it may go into a bullish phase again.
Further targets are mentioned on the charts.
If sustains below the 2680 level, the setup will go weak. Do not hesitate to exit any trade when hits the risk capacity.
one should keep the position size and entry levels following risk management.
All this illustration is only for learning and sharing purposes, not trading advice in any form .
All the best for your trading journeys.
Siemens - Low Risk SetupCMP 6546 on 28.12.24
For the last 6 months, the price has been oscillating between 8000 and 6500. This moment again comes near the level of 6500.
If it bounces back from here, may go into a bullish phase again. One may look for a long setup at this point because of the good risk-reward ratio.
The setup remains active above 6550. If it sustains below 6450, the setup goes weak.
Before entering, one should wait for the reversal signs according to their setups.
All this illustration is only for learning and sharing purposes, it is not a piece of trading advice in any form.
All the best.
Abans Holdings - Low Risk IdeaThe stock price has dropped more than 50% in the last 3 months. And 25% in the last 10 days.
This time, it is close to the long-time support levels of 250-260.
If it shows the reversal this time, it will be a good risk-reward trade. It may reach the levels of 310/340 or even more.
The setup remains active above the level of 255-260. If sustains below 248, the setup will go weak.
One should keep the position size following risk management.
This illustration is only for learning and sharing purposes, not a piece of trading advice in any form.
All the best.
LT - Long SetupCMP 3947 on 09.12.24
Since January 2022, the stock has been traveling in a rising wedge pattern. For the last many days, the price has been moving in a range (shown as a rectangular shape). This time looks like breaking the upper levels.
Immediate supports seem to be around 3860 and 3740.
One may start buying from the current price to as low as 3860, multiple times.
Always keep the position size in accordance with risk management.
The setup fails if the price sustains below 3730.
All this illustration is my own view, shared only for learning and observation purposes. It is not a piece of trading advice in any form.
All the best.
Asian Paints - Seeing the OpportunityThe stock price has dropped more than 30% in the last 3 months—this moment resting on a multiple support area, as seen on the charts.
If it bounces back from the support levels, may go into a bullish phase again. That could push the price up to the levels of 2520/2690 and 2950+.
One should wait for the reversal signs and then make an entry. Also, mind the position size.
Do not hesitate to exit the trade when hitting the stop loss.
All this illustration is only for learning and sharing purposes, not a trading recommendation in any form.
All the best.
This Railway stock has given Neckline breakout of W patternHello everyone, i hope you all will be doing good in your life and your trading as well. Today i have brought a Railways stock which has given a breakout of W pattern. Stock name is Texmaco Rail & Engineering Ltd and it is an engineering infrastructure co. & part of the Adventz Group, The co. is involved in the business of manufacturing Rolling stock, hydro-mechanical equipment, steel castings & construction of Rail EPC, bridges, and other steel structures.
Stock is giving best discounted entry at these levels. As it has given successfully falling resistance trendline Breakout and formed double bottom kind of pattern and now price has given breakout of neckline as well, Good thing is that stock is trading above to neckline breakout. Company has got some order also worth it 140+ cr. All these parameters suggesting stock should give some positive momentum in near term. I have written all the levels on chart please go through. Overall stock is good for trading in short term and investing in long term, choice is yours.
Fundamental Ratio
Market Cap
₹ 9,155 Cr.
Current Price
₹ 229
High / Low
₹ 297 / 142
Stock P/E
44.1
Book Value
₹ 67.1
Dividend Yield
0.22 %
ROCE
10.6 %
ROE
5.71 %
Face Value
₹ 1.00
Industry PE
44.9
Debt
₹ 938 Cr.
EPS
₹ 5.25
Promoter holding
48.1 %
Intrinsic Value
₹ 62.7
Pledged percentage
0.00 %
EVEBITDA
21.2
Change in Prom Hold
0.00 %
Profit Var 5Yrs
8.85 %
Sales growth 5Years
13.5 %
Return over 5years
49.0 %
Debt to equity
0.35
Net profit
₹ 209 Cr.
ROE 5Yr
3.67 %
Profit growth
204 %
Earnings yield
4.32 %
PEG Ratio
4.98
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
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Thankyou.
Looking for Penny stocks to invest, have a look!! AIRAN LTDA glimpse of our analysis on AIRAN LTD chart on Daily Time frame.
1)We have price reacting to the weekly order block and Fvg and giving a good move upward with good volume indicating Smart money orders coming in.
2)Down charting on 1Day time frame, we were able to spot a Change in market structure. Shift of trend from bearish to bullish.
1WEEK TIME FRAME — BULLISH
1DAY TIMEFRAME — SHIFTED FROM BEARISH TO BULLISH
We are waiting for price to react back from FVG or ORDER BLOCK and ride with the trend targeting T1, T2, T3 and weekly High as the final target.
This is for educational purposes only. Please do your own research before investing.
Looking for Penny stocks to invest, have a look!! AIRAN LTDA glimpse of our analysis on AIRAN LTD chart on Daily Time frame.
1)We have price reacting to the weekly order block and Fvg and giving a good move upward with good volume indicating Smart money orders coming in.
2)Down charting on 1Day time frame, we were able to spot a Change in market structure. Shift of trend from bearish to bullish.
1WEEK TIME FRAME — BULLISH
1DAY TIMEFRAME — SHIFTED FROM BEARISH TO BULLISH
We are waiting for price to react back from FVG or ORDER BLOCK and ride with the trend targeting T1, T2, T3 and weekly High as the final target.
This is for educational purposes only. Please do your own research before investing.
Zuari looks good for a long position. Wait for a close above 258. Volumes are picking up with price movement.
Risky trade as the stock tends to give deep pullbacks. At present, the breakout candle is forming an upper long wick.
Safe traders wait for a close, deploy 30-40% now and wait for a retest to deploy the rest.