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Berger Paints: Short at retest; Risk Reward 1:6Berger paints breakdown from "symmetrical triangle" chart pattern in daily time-frame. I am expecting huge downside rally after a retrace till Rs 591 (which also translates to 1:6 Risk Reward). I am planning to go SHORT at 725-730 Levels (but not before 3:00 PM), wicks at the top of daily candle tomorrow will add extra confirmation to our trade. Entry 725-730 SL 752.1 Target 591 Disclaimer: Please do your own analysis before jumping into the trade. Jumping into trade is not necessary to acquire knowledge, you can be spectator and evaluate how the price moves.
NSE:BERGEPAINTShort
by UnknownUnicorn7637383
Tata Elxsi has told bye bye to accumulation zone | It will fly!!Hello Traders & Investors, First of all Thankyou all of you guy's, now we are a family of 4k+ Traders & Investors. Thankyou for supporting and motivating me in the form of liking and following me. Now i have brought another stock name of Tata elxsi. It also has given breakout and after breakout it has retested the levels and now it is ready to fly in blue sky.. Now a day's all Tata Group stocks in limelight due to New IPO coming from TATA Group after 17 years, that is why some of the Tata group stocks are making new highs and giving breakouts. In Tata Elxsi we have seen there was a consolidation period for almost a year, and now it has given breakout, so there is higher chances, we can see this stock towards another previous swing highs, and this can convert in higher highs and higher lows formation. Technically and Fundamentally this is one of the gem stock, this has really futuristic business model with good and reputed management. Price is above 200-EMA, MACD also has given bullish crossover, i did not plot 21 and 50 EMA, but 21 EMA has given crossover of 50-EMA, these all are indicating a bullish momentum towards previous highs and definitely sooner or later, we will see this towards new highs. About company:- Tata Elxsi is amongst the world’s leading providers of design and technology services across industries including Automotive, Media, Communications and Healthcare. Tata Elxsi provides integrated services from research and strategy, to electronics and mechanical design, software development, validation and deployment, and is supported by a network of design studios, global development centers and offices worldwide. Market Cap ₹ 51,731 Cr. Current Price ₹ 8,307 High / Low ₹ 8,576 / 5,708 Stock P/E 65.9 Book Value ₹ 337 Dividend Yield 0.73 % ROCE 47.7 % ROE 41.1 % Face Value ₹ 10.0 Debt ₹ 237 Cr. EPS ₹ 126 PEG Ratio 2.56 Promoter holding 43.9 % Intrinsic Value ₹ 2,315 Pledged percentage 0.00 % EVEBITDA 45.8 Change in Prom Hold 0.00 % Profit Var 5Yrs 25.7 % Sales growth 5Years 17.8 % Return over 5years 53.2 % PROS:- Company has delivered good profit growth of 25.7% CAGR over last 5 years Company has a good return on equity (ROE) track record: 3 Years ROE 36.8% Company has been maintaining a healthy dividend payout of 59.8% Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's. Thankyou.
NSE:TATAELXSILong
by TraderRahulPal
BTC's Future TrajectoryHey there, fellow crypto enthusiasts! 🚀 What's the scoop on BTC? Well, let's dive into the cryptocurrency rabbit hole and share my five cents on the matter, as illustrated on the chart. A Remarkable Year 🚀 The year 2021 witnessed the culmination of a robust uptrend in this pair. When I refer to a robust trend, I mean an astounding increase of 1,500% or more, with the majority of this surge occurring within the span of a single year. The Onset of a Significant Shift 🔰 BTC reached a peak in 2021, only to be followed by a reversal. As evident in the chart, within just 3months, from the end of 2021 to the beginning of 2022, it shed approximately half (50%) of its gains from the highs. The Deceptive Rally 👀 When an asset experiences such a substantial decline over a short period, it often gives rise to relief rallies. These rallies can be quite potent and may even appear as bull markets on shorter timeframes. BTC rebounded by almost 45% from the lows it hit in January 2022, and a significant portion of this increase occurred within just 15 days. However, at the end of March 2022, there was a false breakout from a range, and the trend reversed once again. Second Plunge 🔰 This time, BTC tumbled by over 60% from the highs it reached in the March 2022 rally. The fall's momentum was even more pronounced, taking only 2.5 months to reach this 60% decline. This added up to a total loss of 75% from the 2021 highs. Notably, BTC was testing and holding the 2017 highs during this period. As you might recall, resistance, once breached, can often act as support in the future. However, it was not apparent at that time that the pain was far from over. Another Deceptive Rally 👀 Following the second decline, there was a three-month-long relief rally, amounting to roughly 44% from the recent lows recorded in June 2022. Unfortunately, this rally was nothing more than a bear market rally and the fall continued. The Final Leg: Positive Clues ✅ The last downward move on the chart saw a decline of no less than 39% from the highs of the second relief rally. However, there were notable changes in behavior that can be observed in the chart: 1. The amplitude of the downward move was comparatively smaller than in the previous two declines. 2. The downthrust- distance between lows decreased. 3. The retest, as seen on the chart, failed (taken out) this time, unlike the two previous retests. 4. Breakout of a falling wedge can be seen, which typically signifies a bullish reversal. 5. All of these developments were occurring in the vicinity of the 2017 highs. A Structural Shift ⚡ The chart reflects a shift in structure following the wedge breakout, with higher highs and higher lows emerging. This type of structural change is generally considered bullish. Bullish Outlook for the Future 💰 Assuming that the low has been established, the aforementioned alterations in behavior suggest the possibility of another bull market. Presently, BTC appears to be within a rough range of 25,000 to 31,000. However, the chance of a shakeout at the lower end (around 24,750) cannot be ruled out. A failed breakdown of this level and then an upward reversal should be seen as a buying opportunity. Alternatively, if BTC continues its trajectory without a shakeout, a definitive breakout above 31,500, followed by a successful retest, should also be interpreted as a buying opportunity. This scenario may lead to 46K or highs in the long run. Bearish Scenario 🐻 On the contrary, a decisive break down below 24,700 may pave the way for a drop to 19,650 or even lower. Everything up there is for educational purpose only so, ✌🏻 PEACE OUT and keep those chain vibes strong! 💪 And if you've enjoyed this crypto convo, don't forget to give that "boost" button a virtual high-five! 👍 Keep your crypto radar active by hitting the follow button for more brain-boosting posts and intriguing ideas. 🔔 Your visit's much appreciated, and I am here to learn together in the fascinating world of Bitcoin and beyond. 🙏 Stay crypto-cool! 😎
BITSTAMP:BTCUSDLong
by Bravetotrade
2
Switch on the Geyser. Time to Shower with Deepak FertilizerPE Ratio is 8 while Sector PE ratio of 53 - Company has delivered good profit growth of 49.7% CAGR over last 5 years - Annual Revenue rose 47.7%, in the last year to Rs 11,384.7 Crores. Its sector's average revenue growth for the last fiscal year was 17.2%. - Annual Net Profit rose 78.4% in the last year to Rs 1,210.1 Crores. Its sector's average net profit growth for the last fiscal year was 5.9% - Mutual Fund Holding increased by 0% in the last quarter to 1.4. - Return on Equity for the last financial year was 23.9%. Negative: - Quarterly Net profit fell 74.6% YoY to Rs 110 Crores. Its sector's average net profit growth YoY for the quarter was -45.1%. - Promoter Pledges rose 7.5% QoQ taking the total promoter holding pledge % to 22.6%. Deepak Fertilizers and Petrochemicals Corporation Ltd is a manufacturer of fertilizers and industrial chemicals with products in industrial chemicals, bulk and specialty fertilizers, farming diagnostics and solutions, technical ammonium nitrate and value added real estate, which includes India’s 1st & largest concept retail destination for Home Interiors & Design. Company is also investing in cloud computing, process automation, mobile apps, unified communication, and collaboration tools. New Products in FY22 a) Company launched Crop Nutrient Solution brand Croptek with 3 crop specific grades Croptek Onion, Croptek Sugarcane, Croptek Cotton, and also launched Crop Specific and stage specific brand Solutek for fertigation b) Company's IC business unit launched 8 different products for disinfection solutions in the hospital segment Operational Highlights - Q4FY23 a) Acid business achieved a capacity utilization of 89% while the IPA business reached 98%. CNB Bulk (NP + NPK) had a capacity utilization of 55% b) Company developed a technology to manufacture Pure DIPE from crude DIPE first time in India and has completed the commercial trial successfully c) Steel grade Nitric acid for steel pickling application has completed its multi-stage commercial trials successfully and will soon be launched commercially Capex - FY23: a) Ammonia: It has a capacity of 128,700 MTPA and company plans to increase it to 628,700 MTPA. For that, it has planned an Investment of Rs. 4,350 Cr. Company, through its stepdown subsidiary Performance Chemiserve Ltd, is setting up an ammonia manufacturing facility of 1,500 MTPD at Taloja b) TAN: Technical Ammonium Nitrate has a capacity of 486,900 MTPA which is planned to increase to 862,900 MTPA by H2 FY26 with an Investment of Rs. 2,201 Cr
NSE:DEEPAKFERTLong
by CannySunny
Look no further while AETHER is Here ! -Annual Revenue rose 11.8%, in the last year to Rs 667.6 Crores. Its sector's average revenue growth for the last fiscal year was 17.1% -Annual Net Profit rose 19.7% in the last year to Rs 130.4 Crores. Its sector's average net profit growth for the last fiscal year was 6.7%. -EPS increased to 10.5 from previous year 9.67 PE Ratio is 109.7, higher than its sector PE ratio of 47.7 (Negative) In the latest quarter : DII Holding increased by 5.26% Promoters holding decreased by 5.26% FII Holding increased by 0.30% Incorporated in 2013, Aether Industries Limited is a manufacturer of specialty chemicals. The company is sole Indian manufacturer for chemicals such as 4-(2-Methoxyethyl) Phenol (4MEP), and 3-Methoxy-2-Methylbenzoyl Chloride (MMBC), Thiophene-2-Ethanol (T2E), Ortho Tolyl Benzo Nitrile (OTBN), N-Octyl-D-Glucamine, Delta-Valerolactone, and Bifenthrin Alcohol. It exports products to 18 countries, including Italy, Spain, Germany, the United States, and other parts of the world. Business segment: A) Large Scale Manufacturing (72% of FY21 revenue) B) Contract Manufacturing (19% of FY21 revenue) C) CRAMS (9% of FY21 revenue) New Manufacturing units In August 2021, it commenced construction of a new manufacturing facility #3 at Sachin, and it is in discussions with relevant authorities for acquiring land for the fourth manufacturing facility (manufacturing facility #4) at Sachin. Both these new manufacturing facilities (#3 and #4) will be within a short distance from manufacturing facility #2.
NSE:AETHERLong
by CannySunny
4
Hey Albert David ! Time for your Bid !- Company is almost debt free. - Company has delivered good profit growth of 35.0% CAGR over last 5 years - Dividend Yield 1.12 % - PE 8 vs Industry PE of 29 Albert David Ltd is engaged in manufacturing and trading of Pharmaceutical Formulations, Infusion Solutions, Herbal Dosage Forms and Bulk Drugs by way of domestic sale or export. During FY22, the Co. introduced two products i.e., Evacure and C3H in the market. It is expected that these two products will augment the revenue and profits of the Company. The Co. will continue to focus on enhancing its presence organically as well as inorganically, both in the domestic and the international market.
ALong
by CannySunny
C'Mon DIXON C'Mon !- Annual Revenue rose 13.99%, in the last year to Rs 12,197.62 Crores. Its sector's average revenue growth for the last fiscal year was 24.13%. - Annual Net Profit rose 34.36% in the last year to Rs 255.52 Crores. Its sector's average net profit growth for the last fiscal year was 5.85%. - Quarterly Revenue rose 14.59% YoY to Rs 3,274.35 Crores. Its sector's average revenue growth YoY for the quarter was 12.51%. - Quarterly Net profit rose 50.59% YoY to Rs 68.82 Crores. Its sector's average net profit growth YoY for the quarter was 26.16%. - Mutual Fund Holding increased by 1.75% in the last quarter to 13.74. - PE Ratio is high though at 113 - Company has reduced debt. - Company has delivered good profit growth of 33.3% CAGR over last 5 years - Company's median sales growth is 15.7% of last 10 years
NSE:DIXONLong
by CannySunny
Nifty 50 Hourly Analysis: Bullish Retest on the Horizon?Nifty 50 has recently showcased a breakout in the hourly timeframe, making a strong move to higher levels. Now, as it retraces, we're observing a potential retest of the breakout zone. This presents multiple long opportunities! What makes this even more enticing? The robust support from the 200 Moving Average. Traders, are you spotting the same patterns? What's your game plan here? Sharing insights can lead to collective growth! Let's discuss! And remember, always ensure your strategies align with market dynamics and risk management principles.
NSE:NIFTYLong
by AlphaTradingStation
GEECEE : Swing Trade#geecee #swingtrade #vcpbreakout #cupandhandle #momentumtrade GEECEE Ventures : >> Breakout done, retest happening >> VCP / Cup & Handle breakout >> Good Strength & Decent Volume >> Low Risk & High Reward Trade Swing Traders can lock 10% profit & keep trailling Please Like or comment if u r Liking the analysis & Learning from it. Keep showing ur Love Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
NSE:GEECEE
by moneyfesttrading