Marico - Cup & Handle & Rectangle PatternMarico is making a cup and handle & a rectangle pattern on weekly time frame. Once breakout is done, we can see levels of 760-800. Keep monitoring and once breakout is done, we can see quick moves given FMCG sector is go-to sector now. Other factors:
1. Volumes have increased substantially, pls see weekly volumes
2. RSI is above 60
3. MACD is becoming positive
4. On breakout the price will break Oct'21 price, price breaking out of a long drawn structure has high potential
"Clean Charts, Easy Charts"
Learning & Earning !!!
Cheers!!
Rectangle
Apollo Tyres : Breakout Candidate#apollotyre #breakout #swingtrade
Apollo Tyre : Swing Trade
>> Breakout candidate
>> Trending setup
>> Good Volumes & Strength
>> Low Risk High Reward Trade
Swing Traders can lock profit at 10% and keep trailing
Please give a Boost or comment if u r Liking the analysis & Learning from it. Keep showing ur Love by following
Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
India Glycol : Breakout Stock#Indiaglyco #breakoustock #momentumpick
India Glycol : Swing Trade
>> Trending Setup
>> Breakout & Retest done
>> Good Strength & Volumes
>> Decent Valuation stock
Swing Traders can lock profit at 10% and keep trailing
Please give a Boost or comment if u r Liking the analysis & Learning from it. Keep showing ur Love by following
Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
CANTABIL : Breakout Stock#cantabil #breakoutstock #rangebreakout #trendingstock #Momentum
CANTABIL : (Short term: 1-3 Months)
>> Range Breakout
>> Momentum Stock Pick
>> Trending setup
>> Good Strength & Volumes
>> Risk Reward Favorable
Swing Traders can Lock profit at 10% and keep trailing
Please give a Boost or comment if u r Liking the analysis & Learning from it. Keep showing ur Love by following
Disclaimer : This is not a Trade Recommendations & Charts/Stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
ADSL - BREAKOUT AND A 2X CANDIDATE BASED ON FUNDAMENTALSHi All,
This idea is about Allied Digital Services Ltd
Mkt Cap - 1204 Cr
Stock PE - 26
Mcap/Sales - 1.75
As per mgmt concal transcript, revenue guidance of 1000Cr in FY25/26
Assuming NPM at 8%, this could take the mktcap to 2200Cr easily which wud appreciate the stock price towards levels of 400
Technically also its a healthy breakout with expanding Moving averages after tight consolidation. Volume is extremely good to support further price action
Happy Trading,
Thanks,
Stock-n-Shine
India Glycol : Breakout Stock#Indiaglyco #Swingtrade #breakout #trading
India Glycol : Breakout Stock
>> Trending Setup
>> Breakout & Retest done
>> Good Strength & Volumes
>> Decent Valuation stock
Swing Traders can lock profit at 10% and keep trailing
Please give a Boost or comment if u r Liking the analysis & Learning from it. Keep showing ur Love by following
Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
GPPL - STAGE 2 ADVANCE IN PROGRESS WITH STRONG SECTORAL WINDSHi All,
This idea is about Gujarat Pipavav Port Ltd
Fundamentals
Mkt Cap - 11k Cr
MCap/Sales - 11.6
P/BV - 4.95
EPS - 7
PEG - 3
Technicals
Price action has formed 2 bases of nearly 25% contraction/expansion each along with Stage 1 advance of 20%. Shipping sector is buzzing right now & the price action has successfully broken out of base 2 advancing to Stage 2
Base is nothing else but Box breakouts
Happy Trading,
Thanks,
Stock-n-Shine
WELCORP - CLEAN BREAKOUT OUT OF DARVAS BOXHi All,
This idea is about Welspun Corp Ltd
FUNDAMENTALS
Mkt Cap - 17161 Cr
Mkt Cap/Sales - 0.99
P/E - 15.5
P/BV - 3
FCF - 1022 Cr
D/E - 0.35
Promoter increase thr stake by 0.18%
ROE - 21%
ROCE - 21.6%
Technicals
Price has been consolidating within a range of 25% and has now given a decisive breakout above the supply zone. There was a mid resistance as well which was broken with good volumes
Hope you have a profitable trade,
Thanks,
Stock-n-Shine
Man Industries : Breakout Candidate
#Maninds : #Breakout Candidate
>> Range Breakout + Retest done
>> Decent Valuation Stock
>> Trending Setup
>> Flag Structure Visible
>> Low Risk High Reward Trade
Swing Traders can Lock profit at 10% and keep trailing
Please give a Boost or comment if u r Liking the analysis & Learning from it. Keep showing ur Love by following
Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
GODREJAGRO - 7 YEAR BREAKOUT (MADE GOLDEN CROSSOVER)Hi All,
This idea is about Godrej Agrovet Ltd
Fundamentals
Mkt Cap - 15600 Cr
Sales - 9561 Cr
Mktcap/Sales - 1.63
PE - 43
ROE - 15%
ROCE - 13.6%
Promoter Holding Increased
Technicals
On the weekly chart, golden crossover is observed where 50 SMA is crossing over 200 SMA which is a positive sign.
Price action has broken the resistance zone marked convincingly with healthy volume
Observe how moving averages align & expand sequentially eliminating any high volatility in stock.
Hope you enjoy this trade,
Happy Trading,
Thanks,
Stock-n-Shine
EMUDHRA - BASE ON BASE FORMATION WITH BREAKOUTHi All,
This idea is about EMUDHRA
Fundamentals
Market Cap - 7438 Cr
Stock PE - 98.7
ROE - 14.4%
ROCE - 17.7%
Promoter Buying - 54.4
Quick Ratio - 5.71
D/E - 0.01
Emudhra is a licensed certifying authority involved in issuing digital signature certificates in India under its eMudhra brand. The company is licensed by the Controller of Certifying Authorities (CCA), Ministry of Information Technology, and operates under the guidelines set by the Information technology Act
Technicals
After forming 2 bases, the price action is poised for stage 3 advance before forming next base. All the stages are shown in chart for clarification
Hope you'll enjoy this idea,
Happy Trading,
Thanks,
Stock-n-Shine
HUHTAMAKI - 10 YEAR CLEAN BREAKOUT (WEEKLY CHART)Hi All,
This is about Huhtamaki India Ltd
Fundamentals:
Market Cap - 2959 Cr
Stock PE - 27
ROCE - 12.5%
ROE - 13%
Promoter Holding - 67%
EPS - 53
PEG - 0.83
Quick Ratio - 1.56
Debt to Equity - 0.22
Technicals:
10 year breakout on weekly chart with good volume support. Expanding moving averages after a tight consolidation
Should wait for today's closing before taking the trade
Hope you will enjoy the trade,
Happy Trading!
Thanks,
Stock-n-Shine
Bullish opportunity in IGPL The stock bounced back from the 0.618 Fibonacci retracement level.
Additionally, the stock recently experienced a significant short-term trendline breakout, followed by a breakout from a rectangle pattern.
These technical developments suggest potential bullish momentum ahead for the stock. Keep an eye on further price action for confirmation.