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Chambal Fertiliser a 6 month consolidation will it breakout ?Chambal Fertilisers and Chemicals Ltd. is another interesting chart to keep on radar with following 1. RSI on all time frames (DWM) is at or above 60 2. Narrowing Bollinger Bands on daily chart with price walking on upper band 3. ABCD pattern under formation on weekly chart with fib-extension targets of 639-694 4. 6 month long consolidation on daily chart within channel of 440-530 zone 5. Major Supports are as under: 20 SMA (weekly) 491 20 SMA (Daily) 478 50 EMA (Daily) 483 With cluster of supports in area of 478-492 lets see if it breaks out of its consolidation or continues its consolidation Lets See How it Evolves. Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to take some position with my own Risk Reward matrix.
NSE:CHAMBLFERTLong
by rajivrajeev
DIVISLAB - CHANNEL CONSOLIDATION -WILL IT BREAKOUT OR NOTDivi's Laboratories Ltd. is an interesting chart with following 1. RSI on all time frames (i.e. D/W/M) above 60 2. Narrowing Bollinger Bands on daily chart with price walking on upper band 3. Two month's long consolidation of price in rectangular range of 5675 to 6300 levels and once price breaks out of this range, momentum will increase 4. ABCD pattern under formation on weekly chart 5. Major price supports at 5930 i.e. 20 Day SMA and 5750 i.e. 50 EMA respectively Breakout of 6300 + levels on closing basis can fetch 6700 + and 6980 levels as per Fibonacci projection tool Lets see How it evolves Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to take some position with my own Risk Reward matrix.
NSE:DIVISLABLong
by rajivrajeev
STYLEBAAZACompany Profile Incorporated in June 2013, Bazaar Style Retail Limited is a fashion retailer operating in West Bengal and Odisha. heir average transaction value was ₹ 1,039 in FY24, which was the 2nd highest when compared to that of the Listed Value Retailers in India. Co. intends to raise 835 Crs through the IPO of which 148 Crs is a fresh issue that will be utilized for: A) Repayment of Borrowings B) General Corporate Purpose ---------------------------------------------------------- Fundamentals Market Cap - ₹ 2,845 Cr. Promoter holding - 45.6 % FII holding - 5.26 % DII holding - 9.16 % Public holding - 40.0 % Looks good to buy on dip.
SLong
by isagar_chauhan_
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
NSE:ADSLLong
by 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
NSE:WELCORPLong
by Stock-n-Shine
4
INGERRAND's chart magic unveil: A Technical Analysis Masterclass Hey traders and investors! Let's explore the exciting world of Ingersoll-Rand (India) Ltd today, NSE:INGERRAND incorporated in 1921 is engaged in the business of providing solutions for infrastructure development, industrial solutions and climate control markets. Today, the company has emerged as being amongst the largest exporters of engineered goods in India. We're going to take a closer look at its stock through technical analysis, trying to uncover what the future might hold by looking at the past. 📊 The Confluence of Patterns: A Rare Spectacle In the world of stock analysis, seeing several patterns break out at the same time is like discovering a treasure in the vast sea of stocks. We've found something special on the daily chart - a cup and handle, a triangle, and a rectangle all breaking out together. It's a rare and strong sign for those trading. The Cup and Handle Breakout : A classic bullish signal, the cup and handle formation suggests a continuation of an upward trend. The beauty of this pattern lies in its simplicity and the robust move that follows the breakout. Triangle Breakout : Triangles, often indicative of a consolidation phase, break out to signal the market's decision. The direction of the breakout provides us with clues about future price movements. Rectangle Breakout : Symbolizing a period of consolidation where supply and demand find equilibrium, the rectangle's breakout points towards the market's resolve to move higher. 🔍 Volume Speaks Volumes Volume is crucial in our analysis, acting like a storyteller for price movements. High volume on bullish days shows strong interest and buying, which is a great foundation for our predictions. Yesterday's price action, breaking out with convincing volume, lays the foundation for our analysis. 📈 The Retest: An Opportunity Knocks Today's price action offers a golden opportunity as it retests the breakout levels with low volume. This behaviour is a textbook example of a successful breakout where the price seeks to confirm newfound support at previous resistance levels. Such retests are invitations for entry, with a clear risk management strategy in place. 🎯 Setting Our Sights: Targets and Strategies The depth of the cup and the rectangle, mirroring each other, project a potential upside of 17%. Our goal isn't just to reach this target but to make the most out of the journey. Using trailing stop losses can help us catch the entire rally, turning a good trade into a great one. Lastly, thank you for your support, your likes & comments. Your engagement fuels our quest for trading excellence. Remember, the path to trading mastery is both thrilling and challenging. Let the charts be your map and your analysis the compass. "Embrace the journey, for every chart holds a story waiting to be told." Please note: This analysis is for educational purposes only and not intended as a trading or investment recommendation. I am not a SEBI registered Analyst.
NSE:INGERRANDLong
by AfnanTAjuddin