Rico Auto near EMA support.There is a very high probability that the stock of Rico Auto can bounce back from the 50 EMA levels. In the past, we have seen many times, that the stock has taken support from the same level. On any bullish signal, we can take entry for the next swing trade. Keep the stock in your watch list. This is for your educational purpose only.
Sharesanalysis
JTEKINDIA to take long entryWatch the stock of JTEKINDIA taking 50 EMA support every time on the weekly chart. This time, the stock is also trading in the same area. There is a very high probability that the stock will bounce back from the current levels. If in the coming days, the stock shows the volumes. A very good risk to reward trade. All important levels are marked on the charts. This is for your educational purpose only.
Cummins stock is ready for breakout?Cummins stock is trading near the high resistance zone area. There is a very high probability that the stock would break the resistance zone. Buy 50% qty @ 3870 and add more qty around 3880 after the clear breakout. This shows a strength in the stock. Also, the long-term trend is positive. Target near 4175-4200 with SL 3725. This is for your educational purpose only.
📈 Petronet LNG - Multi-Year Breakout Alert! 🚀🔍 Setup : Multi-year breakout setup
📊 Analysis: Bullish trade! 🐃 Significant volumes detected, with a supportive sector. Key levels from October 2017 and September 2019 have been breached, and the price is sustaining well above them. 📈
Share your thoughts! Like and comment below! 💬 Let's capitalize on this breakout opportunity together! 🌟
#PETRONET #BullishTrade #MultiYearBreakoutSetup
Hindpetro Ready TO ROAR...50%Hindustan Petroleum Corporation Ltd is mainly engaged in the business of refining of crude oil and marketing of petroleum products, production of hydrocarbons as well as providing services for management of E&P Blocks.
- Stock is trading at 0.96 times its book value.
- Stock P/E 2.63
- Running on Lowest P/E ever.
- sept. quater net profit nearly 6000cr, 2nd highest quaterly net profit.
-Good financial stock may be double ,tripple in next 1,2 year.
GSFC Currently ON only 8.25 PE Ratio..It is engaged in manufacturing of various fertilizers and industrial products like plastics & synthetic rubbers and man-made fibres.
Target- 300
focus On fertiliser Stocks
next breakout sector is fertiliser.
-Coromandel Inter
-Chambal Fert.
-Fertilizers & Chemicals Travancore Ltd
-GNFC
EPIRGRAL LTD / Meghmani Finechem LimitedEpigral is India's 4th largest manufacturer of Caustic Soda, Chlorine and Hydrogen and a leading manufacturer of Caustic Potash, Chloromethanes and Hydrogen Peroxide.
Epigral is strengthening its position in the specialty chemical segment by expanding CPVC Resin capacity to 75,000 TPA, setting up CPVC compound capacity of 35,000 TPA, entering into the Chlorotoluene & value chain and setting up R & D centre.
The company said it has launched first research and development centre at Ahmedabad spread over 14,374 square metres with an initial investment of Rs 30 crore.
PE is attractive at 18.17, lower than its sector PE ratio of 104.49.
Annual Revenue rose 41.24%, in the last year to Rs 2,196.38 Crores. Its sector's average revenue growth for the last fiscal year was 16.95%.
Annual Net Profit rose 39.76% in the last year to Rs 353.29 Crores. Its sector's average net profit growth for the last fiscal year was 4.91%.
Promoter Share Holding remains same at 71.38%.
Worth holding the stock for 2-3 Years !!!
Asian paint to take long entryAsian paint in the consolidation stage can be expected a BO very soon. Long after the BO between 3140-3145 with SL of 3040. Target 3250-3300 can be soon. Keep the stock in your watch list. The structure of the stock is bullish. This is for your educational purpose only.
BDL stock at cautious level.This is for your learning skills. Already in past to told your how we can avoid false break out. But not always as part of trading.
So watch the BDL stock & follow below points for your education & learning.
1) Bullish Break candle at resistance area.
2) Very low volume as compare to previous High volume on bullish candles.
3) RSI not able to cross 60 levels. Daily & weekly also below 60 EMA.
4) High resistance zone near 925. So Risk to reward not good.
We may be wrong but rigorously follow our trading plans to avoid loss.
Hence, Point nos 2 to 4 are negative biased . So currently we must avoid buying. But if stock retest & move upward again then we can enter in the trade as re-test entries are more powerful move.
KHADIM STOCK WELL SUPPORT TAKENLook Khadim stock very well support taken but be very cautious very bullish candle or can say sudden spike in a single day might be fake BO. So lets settle the stock above the 50 EMA for some time or entry to be taken on re-test around 195-200 level . Keep & watch this stock . This is for your education purpose only.
BALKRISHAN TO TAKE LONGBalkrishna Swing trade ideas to take long entry between 2185 and 2210 SL 2175 for the target price of 2250-2275. RSI on monthly and weekly trying to cross 60 levels. on daily 40-level support by RSI. Good bullish sign. Stock able to cross 50 & 200 moving average. Trade with less quantity with strict stop loss. Very hard to find good trade in these scenarios but still trying to get good risk-to-reward trade purely based on price action movement. This is our educational purpose only. Also, watch our Bharat Forge ideas shared again trying for Break out. All the best. Happy trading.
SWING SHORT TERM SELL CALL FOR ADANIPORTSSELL ADANIPORT BELOW 767 TGT 740-730-715. SL 785 after the break out of marked TL. Stock is forming a lower low on hourly charts.RSI also going below the 40 LEVEL. Stock is also trading below 200 as well as 50 EMA levels. Clearly weakness can be seen on charts. This is for your educational purpose only.
PVR stock to take long entryLong PVR above 1775 for the next target of Rs 1850-1900-1950 with SL of Rs 1715. Stock is holding the strong weekly TL & the same is expected this time too. On the weekly chart, bullish engulfing candles have also been seen in the charts. Good strong stock for trading. This is for your educational purpose only.
Equitas holding breakoutThe stock is forming a pattern of higher highs and lower lows and can be a good buy above 122.