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Jash Enginering. Watch for a Base Breakout!Stock: Jash Engineering Ltd. Chart Pattern: Breakout from a consolidation range. Key Levels:Entry: ₹655.5 Stop Loss (SL): ₹545.10 Expected T1: 777 Observations: - Strong bullish momentum with a 10.23% move today. -Price consolidating and forming a base -Above key moving averages. -Resilient in Bearish Market -Volume spike indicates strong buying interest. -Strong RSI -Stock is in an Uptrend. -Takes Support at 50 and 200 DMA on each pull back. Risk-Reward: Favorable setup for swing traders. ⚠️Overall Market is Bearish. We are trading against the trend. Risk Management is important. If your Risk Management is poor then please do not trade. Disclaimer: This is for educational purposes only, not financial advice.
NSE:JASHLong
by sagartharayil
1
Darvas Box in Apollo Hospitals Enterprise LtdApollo Hospitals, is a leading integrated healthcare services provider in Asia with a robust presence across the healthcare ecosystem. The company has shown good profit growth of 34.3% CAGR over the last 5 years and maintains a healthy dividend payout of 22.6%. Technical Analysis Consolidation: The stock has been consolidating for the last 15 - 18 days and is ready to give a breakout for a new high. Darvas Box Formation: The stock formed a Darvas Box at its 52-week high and corrected around 15%. Volume: Volume is starting to increase, indicating potential for a breakout. Entry Point: Early entry can be taken around the highlighted range with a stop loss of ₹7,130. Target: Open /Trail What do you think about this? 🙂
NSE:APOLLOHOSPLong
by Vikrant_Mighty
MegaSoft On the verge of a breakout!#Megasoft. ⚠️Risky bet Technical. - Trying to break out of a prolonged consolidation. -Closed right below a previous resistance. -The past few trading sessions price has been moving up with increased volume forming bullish candles. 🟢Entry Above-108. 🟢SL- Short term- 96- closing basis. 🟢SL-Positional,- 83, is very deep so trade very light. 🟢Target 1(Positional)- 138 🟢Target 2(Positional)- 185 Fundamentally Very Weak. Extreme caution should be exercised. The recent diversification might help them improve the fundamentals and it might be reflecting on the chart. Brief about the Company. Megasoft Limited, established in 1994 and headquartered in Hyderabad, India, operates primarily in the IT consulting and outsourcing industry. The company has recently diversified into sectors such as pharmaceuticals, defence, and manufacturing. Corporate Restructuring: Megasoft has redefined its business focus to include pharmaceuticals, defence, and manufacturing, indicating a strategic shift towards these sectors. Open Offer: Sri Power Generation (India) Private Limited made an open offer to acquire equity shares of Megasoft, signaling potential changes in the ownership structure. Megasoft Limited is undergoing a strategic transformation by diversifying into new sectors. While the company has reported an increase in net profit and EPS, challenges remain, as indicated by certain financial ratios. Investors should monitor the company's restructuring efforts and their impact on financial performance in the coming years. #TradingSignals #stocktobuy
NSE:MEGASOFTLong
by sagartharayil
Anant Raj Ltd- Broke out of consolidation.📊 Stock: Anant Raj Ltd. 📅 Timeframe: Daily Chart 🚀 Breakout Alert! Key Observations: Breakout Zone: The price has recently broken out of a consolidation range (highlighted in the green box). The breakout appears clean with a strong bullish candle, indicating upward momentum. Entry Point: The suggested entry level is marked at ₹874.90 (highlighted with a dashed purple line above the breakout zone). The stock currently trades near this level, suggesting the breakout is still actionable. Stop-Loss (SL): The stop-loss level is set at ₹693.25 (on a closing basis), below the consolidation range, providing a safety margin if the breakout fails. SL is Deep so position sizing is key. Trend Indicators: The 50-day moving average (green line) and the 200-day moving average (yellow line) are sloping upward, signalling a strong bullish trend. Price remains significantly above both these levels, affirming bullish dominance. Volume Analysis: A visible spike in volume during the breakout suggests strong participation from market participants, adding reliability to the upward move. Target Levels: Though not explicitly marked, potential target levels could be extrapolated using Fibonacci extensions or prior resistance levels. The upward purple dashed lines may indicate rough target zones. Analysis: Risk-Reward Ratio: Assuming a target at ₹950 or above, the risk-reward ratio appears favourable considering the SL is at ₹693.25. Bullish Sentiment: The clean breakout with high volume is a strong bullish signal. The consolidation before the breakout adds strength to the move, as it represents accumulation. Strategy Recommendation: Entry: Enter above ₹874.90 if today's close sustains above this level. Stop-Loss: ₹693.25 (strictly on a closing basis). Targets: Short-term: ₹950 Medium-term: ₹1,000 or more, depending on broader market conditions. Monitor volume closely! -A continuation of rising volume will add confidence to this breakout. -Price pulling back with huge volume is a cause for concern. And remember the market is bearish. So please position size and manage risk properly. Do not scale everything in one go. It is better to trade light. If you are new to the market it is better to sit in the sidelines and watch until we get a clarity.
NSE:ANANTRAJLong
by sagartharayil
4
Aegis Trying to breakout of a long consolidation. Observations: 1⃣Trying to break out of consolidation/DarvasBox. 2⃣Closed Right below previous ATH/Resistance. 3⃣Huge Volume 5⃣Inverse Head &Shoulders on DTF. 6⃣Dry Volume During Consolidation/Pullback. 1⃣Action Plan: ➡️Entry Strategy: Enter on a retest of ₹969.5 in case of a gap-up opening or Enter Above 1017.25 with 50% qty and wait for a retest. 2⃣Risk Management: Place a stop loss at ₹843(Day Closing Basis). ➡️Use trailing stops to lock in profits as targets are reached. ➡️Volume Confirmation: Monitor for sustained volume above average to ensure the breakout is genuine. ➡️The confluence of the Inverse Head and Shoulders and Darvas Box breakout significantly strengthens the bullish case. Market is very weak. So exercise extreme caution and manage the risk.
NSE:AEGISLOGLong
by sagartharayil
2
ITI Technically looks Good. Potential stage 2 Underway.📈 Stock Analysis: Indian Telephone Industries Limited (ITI) - Daily Chart 📊 🟪Setup Overview: ➡️Entry Zone: ₹408.65 ➡️Current Price: ₹379.20 ➡️Stop Loss: ₹323.70 (Closing Basis)-Deep SL. Manage risk and position size properly. ➡️Target 1: ₹501.20 ➡️Probable Long-Term Target: ₹718.85 🟪Key Observations: ➡️Volume Spurt: Recent bullish candles are accompanied by notable volume spikes, indicating accumulation and strong buying interest. ➡️Range Breakout in Progress: The stock has been consolidating in a tight range for several months and is now showing signs of breaking out above the upper boundary. ➡️Technical Strength: The breakout aligns with a well-defined risk-reward setup. Higher volume near resistance increases the probability of a sustained move. ➡️Risk-Reward Ratio: With the stop-loss defined at ₹323.70 (closing basis), this setup offers a favorable risk reward for positional traders. ➡️Sectoral Support: ITI is part of a growing sector with robust demand potential, which adds a fundamental tailwind to this technical setup. 🟪Strategy: A decisive close above the Entry Zone (₹408.65) could trigger the next upward leg toward Target 1 (₹501.20). Long-term investors can look for a potential rally toward ₹718.85 if the trend sustains. Maintain strict discipline with the stop-loss to manage risk effectively. ⚠️Fundamentally very weak. ⚠️Still we are in a sell-on-rise market. ⚠️High Chances of breakouts failing. Once again reiterating the importance of risk management. 📢 Disclaimer: This analysis is for educational purposes only and should not be considered investment advice. Please do your own research before making any trading or investment decisions. 🙌
NSE:ITILong
by sagartharayil
2 years breakout coming soon in JINDAL WORLDWIDEWe can see the price is consolidation in a fixed range since 2023, a breakout 474 will likely take the price to 820 levels as per advance technical analysis. Jindal Worldwide Ltd., incorporated in the year 1986, is a Small Cap company (having a market cap of Rs 8,802.85 Crore) operating in Textiles sector. Jindal Worldwide Ltd. key Products/Revenue Segments include Textiles, Income from Project Development, Export Incentives and Other Operating Revenue for the year ending 31-Mar-2024. For the quarter ended 30-09-2024, the company has reported a Consolidated Total Income of Rs 571.35 Crore, up 15.67 % from last quarter Total Income of Rs 493.94 Crore and up 45.65 % from last year same quarter Total Income of Rs 392.27 Crore. Company has reported net profit after tax of Rs 17.33 Crore in latest quarter.
NSE:JINDWORLDLong
by TechnicalAnalystSucrit
Infosys Ltd. Watch for Darvas Box Breakout. 📉 Current Price Action: Infosys is consolidating within a Darvas Box pattern, trading close to a 3-year-old resistance zone near ₹1,953.7. The stock is forming a base after a pullback, suggesting potential for a breakout. 📈 Trade Setup: Entry: ₹2,002.1 (above the resistance zone) Stop-Loss (SL): ₹1,707.6 (on a closing basis) Target: ₹2,335.8 (medium-term potential) 🚩 Key Observations: The stock is holding above its Key DMAs, indicating near-term strength. Consolidation near a key resistance signals a build-up for a breakout, but volumes need to support the move. If the breakout fails, watch for price action near the lower support zone (₹1,707) for signs of reversal. ⚠️ Caution: Wait for a confirmation candle with good volume before entering. Avoid premature entries as the stock could continue consolidating within the current range. Nifty IT Sector Context: Nifty IT is showing signs of base formation after a significant pullback. A sectoral breakout above 44,317 could drive momentum across IT stocks, including Infosys. 💡Follow the price action and adjust your strategy based on market cues. A clean breakout could lead to strong upward momentum.
NSE:INFYLong
by sagartharayil
Yatharth Consolidation Breakout in Progress?? Some Insights...⏺️Technical Analysis ⏹️S napShot Entry: 672.9 SL: 578.8 Positional Target 795.6 692.25 is an immediate resistance, breakout from this level with volume and wide range candle can be considered for further addition or fresh entry. Exercise caution since overall market is bearish and sell on the rise. ✅Detailed Analysis ⏹️Price Action: The stock is currently in a consolidation phase, with strong support at ₹578.80 and resistance at ₹692.25. ⏹️Entry is suggested at ₹672.90, with an immediate target of ₹795.60. If the resistance at ₹692.25 is broken with significant volume, it may signal the start of a new uptrend. ⏹️Stop-loss is placed at ₹578.80 to protect capital in case of adverse price movement. ⏺️Volume & Momentum: The price action indicates the stock has strong buyer interest near the lower end of the consolidation range. ⏺️The Relative Strength (RS) against the Nifty shows a gradual upward trend, indicating that the stock is outperforming the market. ✅Fundamental Analysis ⏺️Key Metrics: ⏹️Market Cap: ₹5,314 Crore – A mid-cap company in the growing healthcare sector. ⏹️Current Price: ₹619. ⏹️P/E Ratio: 41.1 – The stock is trading at a higher valuation compared to the industry average, suggesting strong growth expectations. However, this should be justified by robust revenue and profit growth. ⏹️Book Value: ₹109 – The Price-to-Book ratio is ~5.67, indicating that the stock is priced significantly above its net assets. ⏹️ROCE (Return on Capital Employed): 23.9% – A strong indicator of efficient capital utilization, well above the 15% benchmark for quality companies. ⏹️ROE (Return on Equity): 21.7% – This shows the company is generating significant returns for shareholders. ⏹️Dividend Yield: 0.00% – Indicates the company is likely reinvesting profits into growth rather than paying dividends. ⏺️Sector Analysis:The Indian healthcare industry is growing rapidly, driven by increasing demand for medical services, rising incomes, and expanding medical insurance coverage. Yatharth Hospitals is positioned to benefit from this growth, especially in urban and semi-urban areas. ⏺️ Strengths: Strong Profitability Ratios: Both ROCE and ROE are impressive, reflecting efficient operations and shareholder returns. ⏺️ Signalling Growth Potential: With no dividend payouts, the company is focused on reinvestment and expansion, signalling aggressive growth plans. ⏺️ Valuation Concerns: While the company shows strong operational metrics, the high P/E ratio suggests the market is pricing in significant growth. Investors should monitor quarterly earnings to ensure growth expectations are met. ⏺️ Risk Factors: High valuation could lead to short-term volatility if earnings do not meet market expectations. Rising competition in the healthcare sector and regulatory risks (like price caps on services) could impact margins. ⏺️Trade Plan Positional: For traders, a breakout above ₹692.25 with volume provides an opportunity for a quick rally toward ₹795.60. Maintain a stop-loss at ₹578.80 to minimize risk. ⏹️ Long-Term: The company has strong fundamentals and operates in a growing sector, making it a promising long-term investment. However, given its high valuation, investors should ideally wait for dips or monitor quarterly results to ensure consistent performance before making significant allocations. Overall market is sell on the rise and bearish. So risk management is the key.
NSE:YATHARTHLong
by sagartharayil
Emmbi Industries Ltd Technically checks many boxes.Emmbi Industries Ltd. 📅 Timeframe: Daily Chart Technical Observations 1. Cup and Handle Breakout: 2. Inverse H&S 3. Base Breakout The stock has formed a classic Cup and Handle and an inverse Head and Shoulders pattern, which is a bullish continuation setup. 3. Three White Soldiers: Post-breakout, the stock formed Three White Soldiers (three consecutive bullish candles), a strong bullish indicator. Fundamental Snapshot 💼 Market Cap: ₹300 Crores (Small Cap). 📊 Current Price: ₹169. 📈 High/Low: ₹172 / ₹87.6 (52-week range). 📚 Book Value: ₹104 (Price to Book Ratio: ~1.63). 📉 PE Ratio: 29.6 (relatively higher compared to industry standards). 💸 Dividend Yield: 0.18% (low yield). 📊 ROCE: 8.43% (moderate efficiency). 📈 ROE: 6.03% (average return for shareholders). Key Levels to Watch -Entry Point: ₹172 or wait for multiyear Breakout level 175. -Stop Loss (SL): ₹129.73 (Below the handle and consolidation support). 🎯 Targets: All-Time High (ATH): ₹262.45 (Medium-to-long-term target). Strengths of the Setup ✅ Volume Confirmation: Breakout backed by rising volumes, indicating strong market interest. ✅ Trend Alignment: Stock is trading well above the 50-day and 200-day moving averages, supporting the bullish trend. ✅ Healthy Consolidation: The long consolidation before the breakout reduces the chance of a false move. Risks and Considerations ⚠️Microcap Company. ⚠️ Valuation Concerns: PE ratio (29.6) is on the higher side, indicating the stock might be overvalued compared to peers. ⚠️ Dividend Yield: At 0.18%, the dividend yield is minimal, which may not attract dividend-seeking investors. ⚠️ Broader market conditions (e.g., Nifty 50, Nifty 500) should support bullish sentiment 📉. Trading Plan 📌 Buy Above: ₹172.0 or wait for breakout of 175 📌 Stop Loss (SL): ₹129.73 (Strictly on closing basis) 📌 Targets: Medium-Term: ₹262.45 🎯 📊 Watch for a pullback retest of ₹159.00 with rising volumes. It can be an excellent re-entry or adding opportunity. Do not forget to position size since the SL is extremely Deep. Risk management is the key here. Market conditions are bad and unpredictable. Please excuse Ttypos if any.
NSE:EMMBILong
by sagartharayil
OLA ELECTRIC MOBILITY: Consolidation After Channel Breakout.✅ Falling Channel Breakout: The stock recently broke out of a steep falling channel, indicating a potential trend reversal. ✅ Consolidation Above Support: Currently consolidating between ₹92-₹103, forming a solid base for the next potential move. ✅ Volume Spike on Breakout: Significant volume was observed during the breakout phase, adding conviction to the bullish bias. 🎯 Key Levels to Watch: Entry: ₹103.30 (Breakout confirmation above the consolidation range) Stop Loss: ₹88.53 (Closing Basis) Target 1: ₹123.37 Target 2: ₹158.16 💡 Risk/Reward Analysis: Risk: ~15% (₹103.30 to ₹88.53) Reward: ~19% for Target 1, ~53% for Target 2 📌 Trade Setup: Wait for a breakout above ₹103.30 with volume to confirm entry. Ensure strict risk management to protect your capital. Caution: Market volatility may influence the stock's movement. Always align trades with your investment strategy and risk tolerance. #OlaElectric #BreakoutStocks
NSE:OLAELECLong
by sagartharayil
SHARDACROP: Breakout Alert! From our Previous entry( which I posted here) Stock clocked 23%. Now it is: ✅ Consolidation Above Breakout Zone: Healthy consolidation near ₹879, indicating strength and accumulation. ✅Base on Base Formation ✅ Volume Confirmation: Significant volume during the breakout phase, validating bullish sentiment. ✅ Support from Moving Averages: Price trading above the 50 and 200 DMAs, confirming a bullish bias. 🎯 Key Levels: Entry Zone: ₹-879-880 Medium-Term Target: ₹1,050-1,100 Stop Loss: ₹773 (Closing Basis) 💡 Risk/Reward: Risk: ~11.8% Reward: ~20%-22% 📌 Note: Always maintain proper risk management and conduct your own research before taking any position.
NSE:SHARDACROPLong
by sagartharayil
Rudrabhishek Enterp Ltd (REPL) Breakout with Huge Volume⚠️Risky Bet. 1. Early Entry above 264. SL 215. A retest of 240 levels is possible. Any signs of retest and reversal are an entry opportunity. Retest Level. 240 Or 2. Wait for a fresh breakout above 282 for an entry. SL Below the breakout candle. These are my views and my way of doing things. Please do your due diligence and research. Do not jump into a trade with a huge allocation based on Tips. Reasons to go Long: ✅Huge Volume 4x volume compared to previous sessions. ✅Wide Range clean candle ✅Broke out of Darvas Box ✅Trading right below a 3-year-old resistance. Hence the early entry. ✅Technically Good. ❗️Microcap/Small cap company. ❗️Fundamentally Weak.
NSE:REPLLong
by sagartharayil
Maharashtra Seamless- Double Bottom & Rectgular pattern BreakoutMaharashtra Seamless has given a double bottom and rectangular breakout with big volumes. I am expecting this stock to move towards our targets. Other factors: 1. From a downward channel, the stock has started its reversal giving a double bottom and rectangular pattern breakout. 2. Volume Candle - The breakout candle is big volume candle 3. The 20 EMA is crossing 50 EMA is a sign of bullishness 4. Fundamentally: - 55% market share share in seamless pipes - Zero Debt - 850cr of capex in till FY 26 - consistent profitability This stock given above parameters should move towards our targets. Keep following @cleaneasycharts as we provide Right Stock at Right Time at Right Price!!! Cheers!!!
NSE:MAHSEAMLESLong
by Cleaneasycharts