Emerging aerospace and defense manufacturer NSE:CYIENTDLM
Overview: NSE:CYIENTDLM is a leading electronics system design and manufacturing player in the aerospace and defense sectors and other high-tech engineering segments. It is attractively priced to enter into a short term trade.
Fundamentals: As it is a high growth company, it has high PE ratio of 88, however its financials supports its expensive valuation. Sales have grown by 44% and Profits have risen by 90% YoY. With a PEG ratio of 0.64, it is expected to grow at a fast pace.
Technicals: NSE:CYIENTDLM has been trading in the range of 600 - 700 for the past 9 months. It faces resistance at 700 level. If it crosses 700 and closes above it, it can target its next resistance which is at 800. The Relative Strength Index gives a bullish indication as the RSI line (green color) has crossed above the Signal line (yellow color) and the RSI is not in the overbought zone.
Strategy: When NSE:CYIENTDLM forms a green candle and closes above 700, you may enter into a long position with a stop loss at 650. When the stock reaches 800 - 810 range, you may exit your position. However those with higher risk appetite may exit position when it makes a fresh 52 week high.
Safetrade
#RBLBANK, 2.5X Opportunity, 2 Patterns supporting thisSmall Sized Private Bank,
Available at Rs. 216
Face Value: Rs.10
Equity Capital: Rs. 600 crores
Previous High: Rs. 687
Inverted Head and Shoulder Pattern, Price currently available at bottom of shoulder.
High Chances of Reversal to complete the pattern that will open the doors for 500+ Price according to the pattern.
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I did a similar research on #INDIANBANK in November 2022 when it was trading at Rs. 198 and currently trading at 560 and charging for 700+ in times to come.
How you take 35% profit from RVNL with lowest risk ?This is long term investment plan for 1 year term: Profit range 20 to 45 %
Follow the below method to trade :
Total Investment 1 lakh
1st entry at 116Rs.....Invest 17000Rs at this level ...target short term 10%..mid term 20%
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If downside level then
2nd entry at 102Rs.....Invest next 17000Rs at this level ....Target total 15 to 25%
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If again goes down then
3rd entry at 88Rs......Invest 68000Rs at this leve l........
This way your final average will be 95Rs and Final target will be 139Rs
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This method is totally safe for long term . Every deeps give you opportunity.
Be a trader as well as an investor !!
Agrochemical stock pick before budgetSharda cropchem has been consolidating near strong demand zone of 400-420.
Stock has bounced from trendline which indicates confluence of support bounce
Stock can reverse before budget as chemical stocks have shown strength.
Low risk high reward trade. Stock has good fundamentals as well to hold for longer time horizon.
If you like my analysis, please like it and follow me for more such trading ideas.
Mahlog, Targeting 749 and more upside if comfortably crosses 749Hello Traders,
Mahlog can be traded for some small profits as per below conditions.
If it touches its support around 694 and bounces back above 700 then we can enter the trade for a target of 749.
If it reverses from current level and close above 721 in 75 minutes or hourly chart then also we can enter the trade for a target of 749.
After entering the trade our SL will be 690.
Its earnings have been respected off late in the market and thus have good potential to go up.
PS: I strongly recommend booking losses when SL is hit, trading is harmful for those who do not follow Strict SLs.
Happy Trading!
Dlf forming a reverse bullish patternDLF is heading towards a broader resistance of 310 and if it breaches that (within the day or day closing), one can hold it for a good target of 340-350.
Previously we attempted to find short opportunities in DLF, but we could not find the opportunity to sell it as it didn't form a pullback but went straight up (reverse bullish). Now that it has breached its daily resistance area, one can enter long trade right now for a short term target of 310 and broad target of 340-350.
Long Schneider ElectricHello Traders,
Trade poses some risk to your capital. But trading with calibrated risk leads to profits.
Schneider Electric, shows some bullish trends where we can enter Schneider at current Market price if it starts moving upwards from here, with a trailing SL of Rs 10. The target here would be to go until 155, but on safer side, I would suggest trading with Trailing SL to reap maximum benefits.
TCS: With lower risk, and average profit, TCS can give 2.65%Hello Traders,
TCS looks bullish. Had high volume positive trade in last session. Can be entered to tap immediate average move for a target profit of INR 75 with SL of 54.
I would suggest instead of placing a Target profit order, put the trailing SL order, and this is because USD also seems to be rising against INR and that could further give TCS a further upward move.
Enter TCS: At CMP (between 3250 and 3280 depending on how it opens)
Target profit: Rs 75
SL: Rs 54
Short Asian paints for a target of 2208Asian paints has entered a break down zone and should continue to fall till 2208. Expecting this downtrend the traders can enter Short sell or buy AsianPaints PE2260 25-Feb expiry option.
From current levels 2260 is a good profitable target.
Short Asian paints at current levels!