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Reversal

Trendline breakout in Jubilant IngreviaJubilant Ingrevia is a multibagger stock from 2021-22 bull run which has now corrected to a fair value. The stock has given a trendline breakout as well as a breakout from a supply zone with good volumes. Also, the stock is already forming higher highs, higher low,. Keep this stock in watchlist as the next supply zone is at 500-510 levels. However, this is a very risky stock to invest and the next strong support is deep near 390-400 levels. One can try to buy the dip near 425 for a better risk reward . Note:-Idea has been shared for educational purposes and should not be considered as a recommendation.
NSE:JUBLINGREALong
by chartistamey
BUTTERFLY - PRICE REVERSAL POST CORRECTION OF 64%Hi All, This idea is about Butterfly Gandhimathi Appliances Ltd CAUTION: Please keep in mind that FY24 was not at all good for this company and this idea is purely based on technical analysis Weak Fundamentals Market Cap - 1500 Cr Stock PE - 184 ROE - 2.8% ROCE - 5% Promoter Holding - 75% D/E - 0.01 Technicals Post correction of 64%, price has reached a point where horizontal & rising support meet and price action is showing signs of reversal This is a weekly chart & therefore time is required in order to reach different targets marked on the chart namely T1, T2, T3 Happy Trading, Stock-n-Shine
NSE:BUTTERFLYLong
by Stock-n-Shine
7
TIPS INDUSTRIES DESCENDING CHANNEL BREAKOUT REVERSAL STRATEGY TIPS INDUSTRIES 1. Descending channel Breakout reversal strategy 2. Close within 52W high zone (-12.1%) 3. Close above the previous day's high 4. High increase in 1 month (+8.8%) 5. High increase in 6 months (+32.6%) 6. High increase in 12 months (+92.7%) 7. Promoter holding 63.9 % 8. Pledged percentage 0 % 9. Change in Prom Hold -5.06 % 10. FII holding 2.09 % 11. Chg in FII Hold 1.24 % 12. DII holding 8.17 % 13. Chg in DII Hold 7.26 % 14. Stock PE 47.1 15. Industry PE 45.6 16. ROCE 107 % 17. ROE 80.6 % For Educational Purpose Only
T
by Sachin_Lokchandani
IIFL Finance-A risky potential trade!The stock IIFL finance has recently crashed post news release of RBI debarring the company from sanctioning and disbursing fresh gold loans. However, such news based falls are good opportunity for long term investors to accumulate. Short term traders can also be interested in this stock since it has started some recovery. The stock can show sudden spike like the one seen in Polycab and Manappuram post news based fall. Trade is risky but has a big potential.
NSE:IIFLLong
by chartistamey
$Bitcoin ($BTC) good setup : One Simple Horizontal line-In consolidation for 3 months (Long base means Big Breakout) -Tested 71800ish resistance level multiple times and this time after testing took support of 10 ema (2 wicks) n signalling reversal. -Good Shakeout U&R (Undercut and Rally, when price go lower than last lower: kicking out weak players , taking out their stop losses and rally back to upside) -Signal Candles: Big Green Candles with vol showing buyers in action.
Long
by takmanish007
6
jubiliant foodworks potential reversal NSE : JUBILANT FOODWORKS CMP - 472.6 VIEW - bullish / long ANALYSIS - Technical A bull divergence on daily MACD indicator with higher lows is contrast with price action of lower lows indicating a divergence. Breaking of bearish trendline indicates a potential trend change with double bottom formation Target - 519-525 stoploss - below 407-415 closing basis timeframe : 12 weeks disclaimer: it is a educational purpose publication and not a trading recommendation.
NSE:JUBLFOODLong
by radHE_Capstone