Roundingbottom
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalWINDSOR MACHINES
Chart making rounding bottom continues uptrend
Buy at CMP or above 45 levels with SL of 33 on weekly closing basis
for targets of 55 / 70 / 130.
Stock also looks good for long term
Comapny manufacturing plastic processing machinery,
And almost Debt free company
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Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
MINDA CORP: Rounding bottom NSE:MINDACORP
Minda Corp NSE : Long term Technical Analysis
Pattern: Rounding Bottom
Time Frame : Weekly
Neckline :214
Analysis:
1. Observed Rounding Bottom Pattern in weekly time frame.
2. Confrimed the Neckline on closing as well as High low basis.
3. We got the breakout zone of 214 - 218.
4. Strong momentum with 20 simple DMA Support in Weekly chart.
5. Retested neckline multiple times.
6. Expected breakout this time.
How to buy?
1.Buy on MA in Weekly time frame.(Dynamic entry)
2.Buy at point of Pre - breakout as per explanation in Daily time frame.
3.Breakout buy @ 214 with target 228. Original Breakout at 228.80
Stop loss:
4 % for Long term
How to reenter : Reenter at same level with same stop loss.
Lovable Lingerie- Stock for Study for Long Term InvestorsIncorporated in the year 1987, Lovable Lingerie Ltd is engaged in the business of manufacturing hosiery/garment products for women.
Products Segment
The company's products include women’s Innerwear, homewear, shapewear, foundation garments, and sleepwear products.
Brands
“Lovable” and “Daisy Dee” are the flagship brands of the company.
The company acquired the brand “Lovable” in the year 2000 on an exclusive basis for the territories of India, Nepal, Sikkim, and Bhutan. The innerwear products manufactured under the brand “Lovable” cater to the premium segment market in India.
Presence across entire Customer segment
The Co. acquired “Daisy Dee '' and ''College Style'' from Maxwell Industries Ltd and Leviticus Trading Ltd respectively to cater to the mid and young segment market in India.
The Company has also marketed the “Vanity Fair” brand of women’s innerwear garments, which was licensed from VF Corporation Inc., USA.
Fire in Nov 2017 and July 2021
The company reported losses in FY18. They said the losses were due to the fire in November 2017 which reduced their production capacity by 40%.
The company had another recent fire in July 2021.
Manufacturing Capacity and Expansion
The company has three manufacturing facilities of which two are located in Bangalore and one in Uttarkhand and has a capacity to manufacture ~84 Lakh Pieces per Annum.
To meet the expected demand from the mass segment, the company is building new capacity at the Erode, Tamil Nadu with an annual production capacity of 25 lakhs nos, which is 30% of the current capacity of the company.
Own Design Studio
Co. has its own design studio in Bengaluru, Karnataka with a team of designers and the latest equipment.
Over the years, co. has tried to increase its media presence and E-commerce Marketplace. In 2019, the company launched dealer apps for direct communication with the market through which the company has been able to increase its presence in various Social platforms
Investments
The company has investments of INR 80 Crs as on FY21. Out of this 10 Cr is in Jevenca Online Pvt Ltd and the rest 70 Cr is in quoted mutual funds.
Source- Screener- Wiki Feature
HDFCBANK - Rounding Bottom + Symmetrical Triangle - Swing TradeThe analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
Technical Analysis of ExpediaDisclaimer: I don’t hold shares of Expedia
The below analysis is not a trading or investment recommendation & is only for learning purpose.
1. Expedia is breaking out from it’s previous life time high after forming a rounding bottom on a major time frame.
2. A failed test was seen with price re-testing the resistance turned support level around $188 on the daily time frame indicating
strong bullishness.
3. The stock pulled back to the 38.2% Fibonacci level on the monthly time frame before finding support.
4. Despite witnessing selling pressure indicated by the long upper wick on the weekly candle last week, the stock held the
resistance turned support so far.
5. In the longer term, based on Fibonacci levels, Expedia could face resistance around the levels of $230, $250 & $280.
6. The $280 area also marks the completion of the AB=CD pattern & coincides with the 1.618 Fib level.
7. The stock also now trades above the 200 MA & 20 MA on both daily & weekly time frames. Price trading above 20MA on the daily
time frame demonstrates institutional support & interest.
All the best!
MOIL-A 3 moth stock for good returns. Hello Guys,
MOIL was Trading in a very eminent pattern called Rounding bottom pattern. Also, in mothly Time Frame it is showing recovery from the previous fall. Volume is also good in last two moths.
Here, Stock path is bullish and it Broke Previous Resistance and Retraced from there so we can expect a big move now within 3 moths.
Today, it also broke Triangle Pattern with good volumes in 1 Day Time-Frame.
Thanks for Reading.
Barbeque Nation Can Give A Good Move Anytime.Barbeque Nation is forming a decent symmetrical triangle formation. it has taken 3rd support at the trendline and had also formed a rounding bottom formation which shows accumulation. Can be bought after breakout of upper trendline. MACD Crossover is also on a verge of happening, which helps the trend and big move. This stock is volatile and sometimes gives big movement and wicks, so have to be careful.
GOKEX | 16Yr CUP Breakout Candidate |Huge Bull Run AheadNSE:GOKEX
16 Yr Long Rounding Bottom Pattern or CUP Pattern Formation in Monthly Charts
Stock near Resistance Zone
Consistent Buying Volume & Strong Momentum
Once Breakout above resistance zone on Monthly Closing Basis
Tgt : 610 - 751- 981
However, using Fibonacci Tgt is upto 1700
SL : 315
GOKEX is major exporter and rising export demand for textile is good for this gem company
BRNL : Strong Breakout NSE:BRNL
View: Long Term Bullish
BRNL:31 January 2022
Pattern: Double Cure
Observation :
Support of Double curve pattern 26 -28.
BRNL moved up with Trendline as a support
Strong Breakout at 41.55 - 44.15
Accumulate between 41.55 to 43.70 or buy > = 45.
Stop loss not more than 4% for Long term Investment.
Long - Term Target (By July 2024) : 53 - 55 - 60 - 77 - 80 - 100 -139 +++++
APARIND |BO Candidate Near ATH | Min 50% NSE:APARINDS
Multi-Year Breakout Candidate
Near 4 year Resistance
Consistent Volumes in last 1 yr signal Accumulation
Return Potential : Minimum 50%
Wait for BO above 830-840 zone
Targets : 1000 - 1184 - 1404
SL : 710
Monthly & Weekly RSI > 60 for past 12 months
Golden Cross-Over signals Long Term Bullish Trend
LGBROS | Pullback Candidate after Multi-Yr BO |Buy for 60%NSE:LGBBROSLTD
Pullback candidate to retest support after Multi-Year Rounding Bottom Breakout
Stock making Consistent Higher High & Higher Lows
Did not fall in recent correction of Dec'21 & Jan'22 signals strength & potential new market leader
Buy on any correction B/w 670 till 580
Return Potential : 60%(Min)
Targets : 908 - 1088 - 1378
SL : 558
Golden Cross Over
Monthly & Weekly RSI>60
PSP Projects | Multi-Year Breakout |70% Return Possible | ATHNSE:PSPPROJECT
Multi-Year Breakout with Volume
Monthly & Weekly Breakout with Volume from Rounding Bottom Pattern
Buy : 575 to 500
Targets : 726 - 828 - 990
SL : 480
Golden Cross-Over in Weekly Charts
Weekly & Monthly RSI > 60 signals strength & buying interest
Big Volume Bar on Monthly & Weekly Candle shows sustained accumulation
Rounding Bottom Long investment IdeaThis stock is on the verge of breaking out its previous high and going for a All time high level.
Chart pattern is quiet like a rounding bottom / somewhat inverted Head and Shoulders,
what ever the pattern is, but the point is this stock price is breaking above its consolidation zone.
Such stocks may give multi-fold returns in less than half of the time of its consolidation.
Watch for Breakout to grab the opportunity !!!
Happy Investing !!!