TATA MOTORS | LONG TERM | 54% RETURNCMP: 816
Target: 1142
Return: 54%
Time: 1-2 Years
RSI: 32
TATA MOTORS | LONG TERM | 54% RETURN
Pricemovement
3 Good Price Action related swing trades for 11 Nov Week I daily make educational content videos for swing / positional trading
HDFC BANK seems to be on bull run on 17-10-2024price closed on last session is 1700.50 next minor resistance is 1708.20 if it breaks the level we can see the levels of atleast 1728-30 in todays session.
MOL - TURNAROUND POTENTIAL WITH A FALLING WEDGE BREAKOUTHi All,
The idea is about Meghmani Organics
ABOUT THE COMPANY
Founded in 1986 as M/s Gujarat Industries, the company was incorporated in 1995 as Meghmani Organics Limited. The company manufactures Pigments and Agrochemicals through its 6 manufacturing facilities located in Gujarat. The company is amongst the top 3 Phthalocyanine based pigment players in the world and amongst the top 10 producers of pesticides in India. Meghmani Organics Ltd (MOL) manufactures green and blue pigment products, which are used to manufacture printing ink, plastic, paints, textiles, leather, and rubber.
TECHNICALS
The stock has been in a falling wedge pattern & has given a breakout. The breakout was sustained & has been testing first level of resistance at 88.65 multiple times.
Once it breaks it can move to 93 where next resistance lies
Fundamentals
Not a good last year but sales/profit showing symptoms of turnaround which is evident in price action
Thanks,
Stock-n-Shine
ROTO - RISING WEDGE BREAKOUT (POTENTIAL FOR UPSIDE)Hi All,
This is about Roto Pumps
Fundamentals:
Market Cap - 1680 Cr
Stock PE - 42.9
EPS - 12.5
ROCE - 24.4%
ROE - 22%
Promoter Holding - 67.3%
Quick Ratio - 1.35
D/E - 0.27
Technicals:
Strong chart since Nov 22. Price action was moving in the pattern of rising wedge but recently given a strong breakout on good volumes which can take the price to higher levels very soon
Demand seems to be exceeding supply & should witness less profit booking taking the stock price sharply towards north side
Hope you enjoy this idea,
Happy Trading,
Thanks,
Stock-n-Shine
GEOJITFSL - EXCELLENT SETUP FOR LONG TERM INVESTORSThe pattern is based om Monthly TimeFrame so it is meant only for long term Investors
Made a high on Jan 08 of 131 and then went under a major contraction of 10 Years when it again made a high of 147 in Oct 17. That was the formation of first contraction.
Similarly it went for another contraction of 4 yrs & then eventually of 3 years.
It can give a big upside if it is able to break 147 and pass 150 levels
Another possibility is it can go for another contraction but what makes the present contraction more promising is the spurt in Volume which might take the price action cross the major barrier
So its a case of Wait and Watch
Price in RangePrice is in Symmetrical triangle pattern.
Wait for the upper trendline breakout with conformation candle.
If breaks the trend line can be good setup and if candle low gets broken then wait for the next ret price retracement for the price to breakout the trendline zone in either direction.
NOTE: I do my analysis, do your before trade.
Bank Niftys Top: Analysis for tomorrowCheck out bank nifty analysis for 7th March'24 & let me know if u need more analysis on stocks also comment you fav stocks for analysis
Thanks!!!
AMBUJA CEMENTStock made double bottom in 1D TF. Ready to test 370+ levels after retracement. Good volume over last few trading sessions.
ongccan go long above the 157.00 level. it is also on vaule zone of its ..
if it sustained on the level of 157 can go long
Intraday trade for 9-4-2021Entry:- If stock close above 1144 before 10 AM on a 15-minute timeframe then only take the trade.
Target:- 1180
Stop Loss:- 1115
Disclaimer:- Trading tips are only for educational purposes. Trading and investment contain risk. Please consult your financial advisor before making any trade or doing an investment. I'll not be responsible for your loss.
Thank you!
PIDILITE: moving upwardsThe MACD is indicating a buy and RSI is also on uptrend . The next target is 1850 soon.
