HGInfra-DO NOT MISS!HG Infra is a techno-fundamental pick shared from infra sector.
Stock is available at a PE of around 10 and ROE, ROCE>25%.
Sales growth in 5 years is above 27% which is phenomenal
Technical Logic: -Stock is retesting previous breakout. Currently, small rejection is seen from demand zone. If a good candle closes above 890, stock can start upward journey with levels mentioned in chart.
Keep in watchlist.
Do follow me if you like my analysis for more such ideas:)
Search in ideas for "CHART"
KNRConstruction-A breakout for big returns!KNRConstruction is an undervalued infra theme stock which is looking strong on chart.
It has given a flag breakout and above its ATH, it has potential to fly.
Q4 results of stock are amazing and it can fuel the rally.
Keep in watchlist. Not a recommendation
DO NOT MISS THIS PRE BREAKOUT TRADE!We have seen in past how consolidation breakouts always give rocket moves.
One such pre breakout consolidation trade is NALCO
If this stock manages to sustain above 140, we will enter mad bull run in this stock.
It is always safe to enter before breakout since we get an option to partially book and trail SL post breakout.
Levels mentioned on chart. I hope you all can get to ride this share with me if this breaks out.
Syrma-A hidden bullish divergence hinting a reversal?Syrma is a very reputed Electronics manufacturing supplier which has shown good growth in past few years.
Technical analysis of chart shows bullish divergence near a strong support.
If the stock crosses 500, we can see quick move towards target mentioned. A supportive broader market can also help stock make new ATH.
Keep in watchlist.
Sona BLW- A good stock for long termSonacoms has been consolidating since past 1 year.
This is a pre breakout idea, hence risk is more.
480-500 is a strong demand zone from which stock has recently showed a big rejection.
Levels mentioned in the chart.
Good stock for EV theme investors as it is a stock from auto ancillary sector. Keep in watchlist.
Natco Pharma- A beautiful pattern mirroring!This will remain as one of my most favourite idea if breakout goes successful.
Trade logic: An inverted head and shoulder breakout is on the cards.
The most exciting and unique observation from this chart is that a similar IHNS breakout happened in 2021. But the breakout failed.
However, the stock again has created an inverted head and shoulder pattern with the same neckline in a much lesser time compared to previous pattern. (4 years then vs 2.5 years now)
Stock has cranked up its volume getting ready for a good breakout. Confirmation above 920.
I wont be surprised if this stock breaches ATH levels if the breakout is successful.
A good pharma stock from investment perspective as well. Keep in watchlist.
Do like, comment and follow for such more ideas!
SIS Ltd-DO NOT MISS!SIS is a stock which is looking very beautiful for a range breakout with a falling wedge pattern.
If the stock closes above 500 tomorrow, we will have a breakout and retest completed.
Stock might outperform markets and is a very safe bet.
Levels mentioned in chart. I am expecting bigger targets than ATH.
Stock is available at an amazing valuation.
Some signs of bottoming in Mahindra Logistics!Mahindra logistics is a stock which is showing strong technical signals of a bottoming with a major breakout of a range.
The level of 450 has proved strong resistance in past. Stock has broken it with volumes recently and is now retesting the breakout zone.
RSI positive divergence is clearly visible in chart. Levels mentioned in chart are crucial.
If stock sustains above 450 for couple of weeks, it will be clear signs of bottoming.
This stock is a clear avoid for me as the company does not have strong fundamentals as of today. Any investor who is stuck in the stock from higher levels can think of averaging.
Can we catch the momentum in GTPL?GTPL Hathway is a very volatile cash stock which has given wild one sided moves in the past.
As seen in the chart, stock is in strong uptrend and has reached a supply zone of 185-190.
Price action at CMP is going to be interesting. A consolidation before breakout is always healthy.
However, if the stock sustains above 190, it can be a risky swing trade for explosive targets of 205, 224, 240++. SL can be below 168 DCB which is this week's low.
Weekly golden crossover is nearing in the stock which can be an indicator of continuation of momentum. Weekly RSI is overbought which can be a signal of consolidation/retracement so trade as per your own risk and keep trailing your SL immediately.
Idea has been shared for educational purposes only!
India Vix-Is it showing something?After today's brutal fall, India Vix has broken a downtrend with a falling trendline on weekly chart. Range of 19-22 is danger zone for this, any close above that could see a very big fall and markets can go really down quickly. While i know its easy to point this out today with the confirmation of the fall but this is what i saw on the charts so posted.
Keeping the budget in mind also Vix is on higher side but this is a cautious time with market already in confirm downtrend.
Option Premiums are super expensive but can even go higher than what they are now considering the upcoming event. Hedging is super important on both sides.
Nifty#Nifty Spot Daily Chart
-Daily 20 EMA at 17227 (Above)
-Weekly HL is 16828.33.
-Price Trading Into falling channel
-Facing HR at 17450 & 17565 is crucial level
-Daily RSI breakout
-For further downside close required below 16800.
-Upside close required above 17450-17565 for further upside.
-Currently trading range is 16900-17400 (Trading between this tight range from last 10 days.
-Trade as per TREND, Trade with HEDGE.