ASTERDM - Weekly Analysis - Swing tradeThe analysis is done on weekly TF hence price may take few weeks to few months 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.
Roundingbottom
Chambal Fertilizer - Cup and handleChambal Fertilizer:
Forming Cup and Handle pattern.
Breakout from previous high.
Technically the chart is showing strength, if today it breakout at close 515, then, as per the "cup and handle" pattern, a target 620 is determined by measuring the distance between the bottom of the cup and the pattern’s breakout level and extending that distance upward from the breakout. Kindly note the upper trendline too.
Possible Rounding Bottom formation in Chamblfert In a day chart Chambalfert forming Rounding bottom formation and stock is in its all time high @493.50 So, if it break that 493-500 Range with good volume can go till 630 range. Fundamentally company is not bad but there is 19% pledge. So do your own analysis before invest.
Multi Bagger Stock : AMD IndustriesAMD Industries has BO of long 4 yrs base with 5x volume. Can be bought on every dips for the target levels as mentioned on the chart
Wish You Happy & safe trading
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
"Always Respect Risk"
Happy Trading
Jai Hind Jai Bharat
Weekly Rounding bottom possible in MINDACORPAll time high is 228.80 and stock is coming its all time high and formation rounding bottom. So wait till it breaks 228.80 with good Volume. If it breaks that range it can go till 400 range. Fundamentally company is good. Do your own analysis before investment.
Weekly Rounding Bottom formation in Swanenergy Stock is near its all time high and we can see possible rounding bottom formation in Swanenergy. Power Sector is in uptrend, we can see in ADANIPOWER and TATAPOWER. Swanenergy's all time high is 236 and in day chart price is closed above that level(242). if it breaks 230-250 range with good volume then stock can go till 385. Fundamentally company is not that much good so do your own analysis before investment. Its a purely technical call
#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
----
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!