LAXMI ORGANIC, BULLISHThe stock has seen correction since Sept 2021, formed strong base,
and is rising with HH-HL pattern. Important levels are indicated in the
chart. Target price shown is based on rounding bottom pattern.
Roundingbottom
One Point One Solution has broken out of Rounding Bottom.One Point One Solution has been forming a Round Bottom from January24. There is a Resistance cum support zone @ 69-72. It had broken out on July 5 and formed a false breakout. Today it has given a breakout.
KOTHARI PETROCHEMICALS LOOKING GOOD ABOVE 187KOTHARI PETROCHEMICALS has completed a rounding Bottom Pattern and has broken out of the Resistance cum Support Zone @ 164-170.
There has been rejection at around 181-187 levels. If it sustains above this zone then can go for a buy at your risk.
FINOPB - Rounding Bottom BreakoutFINOPB - FINO PAYMENTS BANK LTD
Trade Type - Short Term (2 month to 6 month)
Trade Logic - Rounding Bottom Breakout
CMP - 392.10
Time Frame - Weekly
Target 1 : 435
Target 2 : 500
Target 3 : 580
Stop : 330
Risk/Reward Ratio (1: 2.8)
Disclaimer: The stock information shared above is not a recommendation to buy, sell, or hold. It reflects my own analysis and is intended solely for educational purposes. Any actions you take based on this information are your responsibility, and the admin of this channel is not liable for any financial gains or losses. Please consult a financial advisor before making any investment decisions. I am not a SEBI-registered advisor.
GANDHAR - Rounding Bottom FormationGANDHAR - GANDHAR OIL REFINE IND LTD
Trade Type - Short Term (2 month to 4 month)
Trade Logic - Rounding Bottom Formation
CMP - 219.36
Time Frame - Daily
Target 1 : 235
Target 2 : 260
Target 3 : 280
Stop : 200
Risk/Reward Ratio (1: 3)
Disclaimer: The stock information shared above is not a recommendation to buy, sell, or hold. It reflects my own analysis and is intended solely for educational purposes. Any actions you take based on this information are your responsibility, and the admin of this channel is not liable for any financial gains or losses. Please consult a financial advisor before making any investment decisions. I am not a SEBI-registered advisor.
KRSNAA - Rounding Bottom BreakoutKRSNAA - KRSNAA DIAGNOSTICS LTD
Trade Type - Long Term (1 year to 1.5 year)
Trade Logic - Rounding Bottom Breakout
CMP - 726.90
Time Frame - Weekly
Target 1 : 815
Target 2 : 940
Target 3 : 1100
Target 4 : 1300
Stop : 630
Risk/Reward Ratio (1: 3.8)
Disclaimer: The stock information shared above is not a recommendation to buy, sell, or hold. It reflects my own analysis and is intended solely for educational purposes. Any actions you take based on this information are your responsibility, and the admin of this channel is not liable for any financial gains or losses. Please consult a financial advisor before making any investment decisions. I am not a SEBI-registered advisor.
AB Sunlife AMC- A good breakout for long term investors!Aditya Birla Sun Life AMC Ltd has given ATH breakout after almost 3 years.
Company belongs to high growth AMC sector and is available at decent valuation.
Rising volumes is a signal of a big bull run which might be coming in next few months.
Rounding bottom breakout of ATH normally give explosive moves. Keep in watchlist.
Not a recommendation. Please do your own analysis before investing.
EPL LTDEPL Limited (formerly known as Essel Propack Limited),is the largest specialty packaging global company, manufacturing laminated plastic tubes catering to the Beauty & Cosmetics, Pharma & Health, Food, Oral and Home.
The company was acquired by the Blackstone group on Aug – 2019 from the Essel group of companies. The Blackstone Group is one of the leading investment firms in the world with an AUM of around USD 511 billion across sectors like private equity, real estate, hedge fund solutions and credit businesses.
The company is the world's largest global specialty packaging company with annual capacity of ~8 billion Tubes with manufacturing units operating across USA, Mexico, Colombia, Brazil, Poland, Germany, Egypt, China, Philippines and India.
#SEQUENT - Rounding bottom pattern formation#SEQUENT - SEQUENT SCIENTIFIC LTD
Trade Type - Long Term ( 6 month 18 Month)
Trade Logic - Stage 2 breakout (Rounding Bottom)
CMP - 146.30
Target 1 : 157
Target 2 : 203
Target 3 : 230
Target 4 : 277
Stop : 98.5
Disclaimer: The stock information shared above is not a recommendation to buy, sell, or hold. It reflects my own analysis and is intended solely for educational purposes. Any actions you take based on this information are your responsibility, and the admin of this channel is not liable for any financial gains or losses. Please consult a financial advisor before making any investment decisions. I am not a SEBI-registered advisor.
L&T Finance Holding, BullishThe stock touched its all time high 198 in Sept/Oct 2017 and has been in downtrend since then largely trading below its 200EMA.
The stock has formed multi-year Rounding Bottom pattern, with another minor rounding bottom inside it. The short term, intermediate
and long term targets & major resistance levels are indicated in the chart.
AB CAPITAL, LONGAditya Birla Capital, AB Capital stock has seen huge correction (value erosion after IPO) from Yr 2017 upto Yr 2020, from the High of 255 to Low of 39 in the span of 3yrs. The stock rode the wave of bullish sentiments in the stock market after Covid19 and touched the high of 199 in July 2023. The stock is close to giving multi-year breakout (7yr) based on Cup-Handle pattern. The fall and rise is very close to rounding bottom pattern which gives the specified target. The lines are key support / resistance levels.
BHARAT GEARS, SIDEWAYS - BULLISHRounding bottom / Cup & Handle pattern complete,
suggesting target of 205. Important levels shown in
the chart. The stock needs to break down of the trend
line, re-test & sustain at support levels before next
uptrend.
OSWAL GREENTECH BREAKOUT SPOTTEDOSWAL GREENTECH has formed a Rounding Bottom Pattern with Resistance cum Support zone @48 - 50. Today it has given a greakout from this zone. Safe traders can wait for a pull back to enter.
STC INDIA COMPLETED ROUND BOTTOM PATTERNSTC has completed Rounding Bottom Pattern and has broken out of the Resistance cum Support zone @ 194-202. Now it has retested that support zone.
Can enter on breakout of the trendline.
NOVA AGRITECH ROUNDING BOTTOM.NOVA AGRITECH has completed the Rounding Bottom Pattern. Has broken out of the Resistance cum Support Zone @ 76-78. Done a retest and looking good for an upside target of 94.
Lambodhara Textile Rounding Bottom BreakoutLambodhara Textile Ltd. Analysis
About the company...
Lambodhara Textiles Ltd was founded in 1994 with a capacity of 3,024 spindles. Over the years the company has grown in size and currently has a capacity of 37,856 spindles, with 33,224 spindles producing fancy yarns. The mill is fully modernized with state of art technology and infrastructure. They produce yarns in a count range from 10s to 60s. They specialize in manufacturing slub yarns, multi count and multi twist yarns, siro yarns and neppy yarns. They produce yarns using Polyester, Polyester variants, Viscose, Modal, Excel and Flax as raw materials.
Technical Analysis
Rounding Bottom
Breakout & Retest done at 120
Addition of volume
At very good and strong numbers
Setup
Cmp 159.3
Buy upto 140
For targets 180 / 200 / 230 / 255 / 275 / 300+++
CBSL can be 130
Regards..
Keshav Jain..
25/11/2023
Disclaimer & Risk Warning
I am not sebi registered analyst.
My studies shared here are for educational purposes .. Do Consult Your Financial advisor Before Taking any Trade.....Good Luck!
Sudden Spike in Volume...
NBCCNBCC
my study points
1) M ,W , DAILY break-out
2) break-out with high volume spike
4) chart pattern rounding bottom
5) fundamentally strong stock
6) Company has reduced debt.
7) Company is almost debt free.
8) Company has been maintaining a healthy dividend payout of 44.4%
holdings :-)))
a) Promoters 62%
b)FIIs & DIIs 14%
c) Public 24%
news :- Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
16 Jan - Of work orders received by NBCC (India) Limited amounting Rs. 138.95 cr (approx.)
.If You LIKE MY Idea …please…Boost its for motivation for study .
for MORE check in my TradingView ID
“Disclosure : I am not Sebi-registered.” This channel is for only educational purpose. Any profit/loss, I am not responsible.
Before taking any trade on our charts /calls , please consult your financial advisors. Thank you
Tirumalai Chemicals - Rounding Bottom at ATHA strong breakout at 330 levels
A rounding bottom of 170 points height.
Target : 500
SL 280
ROUNDING BOTTOM BEING FORMED IN INDUSINDBANK ON DTFIndusind Bank has been trending within a Parallel Channel right from June 2022 and taking support on the Bottom trendline multiple times.
The Zone between 1560-1580 has been acting as a Resistance Zone from February 24. In the near term we can see that a Rounding Bottom is being formed. Entry can be taken above 1460 for a near Term Target of 1550.
Do your due diligence before taking the trade.
Alembic Ltd - Rounding Bottom Pattern Breakout Alembic Ltd is into multiple businesses, pharma, real estate and power assets as well.
A debt free company.
A strong rounding bottom breakout with volumes.
Looks good at 150-155 level
Support zone is 110
Can reach 190-230-280 levels.
Nandan Denim (NDL) : (Positional Trading : upto 1 Year)#NDL #roundingbottom #patterntrading #chartpattern
NDL :
>> Initial position for 1-3 Months then keep building positions upto 1 Year
>> Keep Buying on Every Dip
Key Fundamentals :
>> Piotroski score : 9
>> Low PE Stock
>> Growing Fundamentals
>> Keep eyes on 2-3 Quarter Results
Key Technicals :
>> Trending Setup
>> Rounding Bottom Formation on Weekly charts
>> Volumes Buiding up
>> Good Strength in stock
>> Massive Upside Potential
Swing Traders can lock 10% profit & keep trailing
Please give a Boost or comment if u r Liking the analysis & Learning from it. Keep showing ur Love by following
Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
Good opportunity to long, try to accumulate on every dip.Break out stock,
Long Term target is 360,
Daily/Weekly/Monthly RSI >60,
Try to accumulate on dips.
IRFC COMPLETED ROUND BOTTOM PATTERN. NEXT POSSIBLE TARGET 270IRFC has completed a round bottom formation and has broken and retested the Resistance turned Support Zone @ 189-196 on DTF. It has also given a breakout for a possible target of 270.
