Xero Ltd: A Low-Volatility Buy with Strong Growth PotentialASX:XRO has reached an all-time high (ATH) with a strong weekly breakout and higher relative strength, indicating bullish momentum. The company’s impressive gross margin and relatively low PE ratio compared to near-term earnings growth add to its investment appeal. Additionally, Xero generally trades with low volatility, making it an attractive option for risk-averse investors
Fundamentals:
Impressive Gross Margin: Reflects strong profitability
Low PE Relative to Near-Term Earnings Growth: Suggests potential undervaluation
Low Volatility: Typically stable, reducing risk for investors
Technical:
Strong Weekly Breakout: Signals a strong upward trend
All-Time High (ATH): Reaching new highs, confirming bullish momentum
Channel Breakout: Price has broken out of a long-established channel, reinforcing the bullish signal
Higher Relative Strength: Outperforming compared to the broader market, indicating strength
Stockidea
Bullish Bottom Triangle - Paisalo Digital LtdA bullish "Bottom Triangle" chart pattern on Paisalo Digital Ltd ( NSE:PAISALO ). This pattern suggests a potential upward movement in the stock price from its current close of 73.45 to a target range of 83.00 - 87.00.
A Bottom Triangle pattern typically forms over a period of uncertainty or consolidation, characterized by two converging trendlines as prices reach lower highs and higher lows.
During this period, trading volume tends to diminish as the price fluctuates within a narrowing range, indicating market indecision. However, before the triangle reaches its apex, the price breaks above the upper trendline with a notable increase in volume, confirming the bullish reversal of the prior downtrend.
This pattern suggests that the stock price may have reached a bottom and is poised for an upward movement.
Traders and investors may interpret this as an opportunity to consider buying positions in anticipation of a potential price increase within the indicated target range.
It's important to note that while technical analysis patterns can provide valuable insights, they are not guaranteed predictors of future price movements. Therefore, investors should conduct thorough research and consider other factors such as fundamental analysis and market conditions before making any trading decisions.
PLEASE NOTE THAT:
This chart analysis is only for reference purpose.
This is not buying or selling recommendations.
I am not SEBI registered.
Please consult your financial advisor before taking any trade
Dr Reddy Box BO and EMA CrossoverDr Reddy CMP 4763. Chart is showing similar formation as happened in 2019. Showing very good BO of box and EMA cross over. In 2019 stock just doubled from the BO level. One can expect ateast 50% upside from here. For investors the SL is deep at 4200 on closing basis.
tata chemicals looks good next weekit looks it will reach 799 by next week (week starting 5th July 2021 and ending 9th July 2021 due to momentum it gathered in last trading.
on 2nd July 2021 it closed at 767.70
will maintain stop loss of 730
note this stock is good for long term as well.
watch out for next week and dont forget to read disclaimer.
other technical parameter which supports buy
macd (12,26)
adx (14)
cci (14)
roc
bull/bear power
highs/low
disclaimer: this is for educational purpose, buy or sell this stock at your own risk
Target 2 (55%) achieved. Target 3 is ON...This is follow-up on Rashtriya Chemicals & Fertilizers. Can check link to related ideas.
Target 2 achieved. More than 55%. Target 3 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only.
NSE:INOXLEISUR long INOXLEISUR
given a breakout in range bound zone , also having volume supported breakout in this crucial level , it seems looks good for positional trading for a week.
ICICI BANK & HDFC HAVING SAME STRUCTURE BUT THIS LOOK GOOD SEE !Hi Traders / Investor ,
Recently I posted hdfc bank analysis here Icici bank having same pattern that is an evening star and behaved same but in hdfc little confident to go up side target but here this gives me edge over hdfc. Both are in accumulating process . The behavior of price formation is same but effect would be different that is I feel May be I wrong this time will tell. I circled same pattern in white. I will not discuss about this pattern already discussed in hdfc post. For Monday price comes in yellow dotted range and sustains there or take out this yellow dotted band up then one should go long with the sl of lower band of yellow zone with the target of blue zone lower band. This would be positional trade. Entry at right time is important. If risk reward ration do not match then leave it for trading. In any case low of Friday is breached and price do not come back in 30 mins then trend will change to down. investors should wait when price come back from blue zone then think over to invest that i will share in next week. Til then lat price do whatever in upside.
YOGESH VATS
Note. All trading and investing should be done with consulting your financial planner.
WILL FRIDAY BUYING IN HDFC BANKS GOOD ENOUGH TO TAKE UP SEE !!Hi Traders / Investors ,
This is my first analysis on this stock . Since it is quite popular I thought That should also be on my radar. So I analyze it by understanding the structure of smart money is making in it . Actually they are accumulating it on lower levels. All investors listen carefully. If you can invest in this stock for two years that will provide fantastic return. People wanted to buy it on lower prices but it did not gave chances . Thanks to covid crisis It became half . Those who could not board train , they will get chance to board it soon. That would be missed then regrets only. See carefully This is in blue range and upper side I circled an evening star pattern . Those who are reading my recommended books on candle stick they will find the condition which I am going to discuss in advance level with examples. New followers pl do not ask me the name of books , I have fed up giving same reply to many of them. It does not mean I am discouraging you not to ask , not at all. You are welcome to write about these in comment box many of my followers are willingly happy to help you. They all know the value of my time. Now come to point This pattern was made but not activated on next day by giving next candle close down the previous candle. The price went upside breaking the high of pattern . Many of you will think this pattern is not activated so will not work, But that is the beauty of steve nision he taught me in 3rd candle price closed below the high of center candle so chances of activating is still possible. And same happened 4th candle gave close below 3rd candle of circled pattern. And you saw price came to red dotted lower candle. Now to invalidate the effect of this pattern further price have to take blue zone out on 2 hrs time frame . Only then reverse sentiments will apply. Other wise price will visit to lower end of blue range. Intelligent traders will find sell setup if unable to take out upper blue band of range. This buying on Friday may be deceptive. I will be bullish if white dotted line is taken out on 2 hour time frame. That is why Indicated it green arrow. If not taken out blue upper band then red arrow will work. Investors shuold wait price come to blue and green dotted zone. Invest 50 % with sl of low of april . Rest market will decide.
YOGESH VATS
NOTE- All trading and investing should be done by consulting your financial adviser.
IS ASIAN PAINTS READY TO SHORT FLY OR LONG OR FALL !!Hi Traders ,
Two weeks back I posted the coming move in this stock where I shared some conditions to watch and trade . Let us see where these stand today. In point no. 3 what i wrote is quoting for your consideration " there is one dotted red line if this line is taken out then full satisfaction of down trend will emerge . you can see this is not taken out yet so chances of going down has not emerged. In point no.4 "see up move in green circle showing price increase where as volume decreasing. so this up move can be pullback." Point to be noticed is divergence in volume and price result into decline of price that is circled in white. That is why I said this up move a pull back. But here new question arises if it is so then red dotted line should be taken out to resume down trend. But without reaching to that level buying seen with good volume. Has price ready to move up . see if the yellow dotted trendline is taken out on 2 hrs chart then first clue of going up will be confirmed then one has to plan his/her trade finding buy set up on lower time frame of 1 hr, with the target of red zone. Once your sl hits then do not try again in this scrip. after crossing blue zone the probability of going up will increase . This is weekly trade once completed search other. Rest market will decide.
YOGESH VATS
Note - All trading should be done by consulting your financial advisor.
RELIANCE IS READY TO GO IN UNCHARTED TERRITORY SEE HOW !! HI Traders/Investors,
Two week ago I posted my analysis on this stock giving conditions for trades . Let us see reliance followed which and how ? In point no.3 " A green means white zone is not taken out then price will move to blue zone and red will be crossed easily." See price did not even dare to visit white zone and see red is crossed easily. I did not use taken out for red zone instead use crossed easily. That is the beauty of words I use in my conditions to manifest next move prior it happens. I could use these words because I know where structure can change and respond. All my charts are full of these examples. More than 140 ideas are corroborating this fact. That is why I say many times the words I use should be seen in that context. People miss them and go wrong. Those understand earn a lot. Bad trades and good trades are written regularly in nifty and bank nifty post comment box by traders. Even those who trade in stock they also write both trades, many of them accept their fault to understand the word in right context.
Now I circled a pattern called bullish engulfing which is not activated yet But the beauty of this you will not be able to see in any books . I tell you the characteristic of this . See a big bull candle covered the last three days small candle on good buy zone with good volume Its effect would be seen if red dotted line is taken out on smaller time frame of 1 hr then you will see rally to red line in coming days. If not taken out then and this pattern low is taken out on smaller time frame then good fall . When this sort of pattern are failed then fall becomes worst. I try to provide practical knowledge when i get that sort of setup.In every post first I prove my statements then I write manifested move. Not like others given target missed new target. Basically they don not know stock market is language of probability which they do not use in their analysis. I know this statement of mine will hurt their ego instead of learning new concept some of them to satisfying their ego to troll me taking out silly points that my charts are very cluttered. In my life I appreciated the people who taught me new concept to attain this level. So my dear friends rather than to depend upon machine signals train your eyes and mind to find structure market is performing.
There are many who are good but this is for those who not egoist rather good seekers. Sorry for this offence. You are not my competitors rather co-analyst. Please think over it.Rest market will decide.
YOGESH VATS
NOTE- All trading and investing should be done with the advice of your financial planner.
BAJAJ FINANCE HAS COME OUT FROM SELL MODE TO BUYING SEE HOW ?Hi Traders/Investors,
Two weeks back I posted my first post on this scrip. That time it was in sell mode and in last week came out from this mode to buy. Will it continue further lets find out. What I shared with you all in form of my conditions is quoting for your consideration in point no.3 of that post. " my sentiments for long will switch only when price takes out red dotted line where I showed green small arrow." See carefully took out from red dotted line in last to last week. In fact had I updated this post in last week I would have not waited for red dotted line condition to go long in new update. Since red channel was broken upside I would have given buy signal in last week. One thing is noticeable green arrow sentiments changing line is acting as good support That is why gave big bullish candle on Friday trading session. Two week back I manifested that point which can change the structure of this stock. Every chart is manifested so accurately that all reactions are done on that points why any scrip do not choose to react on so many other points on chart. This is a question of thinking.
Now I discuss the next move see upper dotted and solid red zone. on taken out at lower time frame of 1 hr you can go long with the sl of lower end of this zone to the target of white lower end zone. If momentum is good then can go to upper end. This is the trade of next week.Rest market will decide.
YOGESH VATS
Note - All trading or investing positions can be taken on advice from your consultant . I can be wrong any time.
IS MARUTI READY TO SURPRISE IN NEXT WEEK SEE YOURSELF !!Hi Traders/Investors,
last week one of my condition was so helpful for aggressive traders that it saved for going short on this scrip . Let us understand it. "if blue zone is not taken out then price will move to red zone. where price can consolidate or momentum is strong then can breach it . but short after red zone can only be initiated when the condition of taken out is completed at res support zone."
can you see the price took support took support from that red zone by making candle close near day. Has any body taken short on gap down open , he would have been trapped by bulls. I circled the the candle stick pattern called piercing . The psychology behind it is very much clear that bulls found that price lucrative as on support zone .so they came and bought aggressively closing price days high. Novice traders seeing this pattern will jump into long side buy positions. But intelligent will wait for next day trade to find out whether the entry is of weak bulls or really strong . In fact this pattern is Warning for short traders to cover their shorts. Those who do not later part can be painful to them. Every candle speaks else you know its psychology behind it. I am not saying you just go and take long next day. with this candle the price to reward is not comfortable. So let price make it comfortable by coming to red dotted line Then buy with the sl of bull candle low. I do not recommend this trade but aggressive nature can take this. I will like to trade when price gets activated on next day by closing above bull candle. Here is also problem If next day is also good momentum day to upside and take price away from upper end of blue zone then also risk reward will not match. so in that case you will have to buy when blue zone lower end is breached upside and price stay above this level for 30 mins then can go long with sl of red dotted line.Once price will stable upside then in next week lower end of white zone is my target. On good momentum can go to higher end also. In every post you all have been watching my conditions and level works magically why they are so reactive all times with almost 100% accuracy. While all on air advisers give numerical nos but have you ever seen me given nos. Nope , I believe in structural points , level where a scrip performs. Investors should wait this stock will come down then you can join. Rest market will decide.
YOGESH VATS
Note. All trading and investing decision should be take with consulting your financial planner. My idea can be wrong any time .
APPOLO HOSPITAL IS READY TO SHORT FLY SEE YOURSELF !!Hi Traders /Investors,
One of my followers , requested to put some light on the movement of this stock. So here is for you and most traders , investors who are the part of this stock or interested to trade and invest. See first what is going on in this stock for long term structure basically this is now making range lower side has already been made now it is finding its upper side. From where when it will give break then boom in next phase. Range means accumulation of long term move . It will take few months to complete this process . So for investors it is not right time to invest in this stock .Therefore, investor should wait . Now come to traders , I made red color channel In last trade it took support of lower end of support zone and crossed small upper zone It means it is ready to go up to white upper band of zone. But with condition since in last session made big candle which disturb risk reward ratio better wait price to come in small red zone then take buy position with the sl of big candle low. This would be good strategy. On breaching lower channel lower line is ok if price gets back to channel in next 30 mins if not then long should be covered. Lower red zone is taken out then trend will change to down. No long till price come in small zone. In any case next session price move up without coming to small zone then let it go no long please. Many followers are writings how inspite of given conditions , they get trapped into emotional trades . I appreciate their sharing because other co-traders will learn from their mistakes. That how trading can be adopted.
YOGESH VATS
Note. All trading and investing should be done with the consultation of your financial planner. Not on my sharing . I can be wrong.
AURO PHARMA IS CONTINUOUSLY TRAPPING BEARS SEE HOW? Hi Traders / Investors.
In my last statements for this chart What i shared is mentioning for your consideration. " if strong bears entered at red channel top then price should move out of green trendline if weak then this area will provide support at green line." You can see inspite of activated shooting star circled in pink last week price should breach red and green dotted trendline which did not happen because of weak bears entry. And again touched upper end of channel. But one thing is good that activated shooting star is now converted into exhaustion sign of move. since the inception of this move the volume are in declining side . It means this move is just trapping game by weak bulls not by smart money. you can see I showed the trap move of bears in yellow arrows. So sooner or later It has to come down . For this stock has to break first red dotted line and then green . A very strong zone will be the ultimate target of this down fall. After that what will happen that i will discuss in next week. Till then let market play his game. We know know almost what will happen.
YOGESH VATS
Note :- All decisions of trading and investing should be taken with the consultation of your financial planner.
IS BHARTI AIRTEL GOING TO FLY SEE YOURSELF !!Hi Traders/ Investors,
In my last week post of this stock , I mentioned is quoting for your consideration " if dotted red line does not fulfill the condition of taken out then price will be range bound between red zone and this dotted line." You can see the price remained range bound between two given limits. why price did not break this zone whole week it has sufficient time to break because the move manifested in such a way that it itself prove to be worthy almost one month back. Now see i circled in green that is piercing pattern on good tested support not activated yet but if next trading session close is above the high of last candle then it will be activated. Green arrow is direction not the entry point as assumed by one of my followers and gets himself in panic situation in one of the indexes . So red carefully till you understand the conditions. If find difficulty then write in comment box there are many experienced traders who are always ready to help. As they have good habit to visit comment box and see all conversation for the point of view of learning new concept of market by my replies and your fantastic educational questions.
I see if price takes out red dotted line then white box is my target. Rest market will decide.
YOGESH VATS
Note. All investing and trading should be done with the consultation of your financial planner.
IS AXIS BANK READY TO GIVE GOOD MOVE UPSIDE SEE YOURSELF!Hi Traders/Investors,
In my last post on this scrip ,I mentioned clearly that is quoting for your consideration " if green support is not taken out on lower time and later on same day in daily time frame." then only by breaching this condition cover long other wise remain in long. now you can see the whole week axis bank remained up and in last trading session gave good recovery from green support. In this week even breached it . So condition is valid of last week long should be carried forward with the target of zone one. For Investors I gave one condition of green upper line taken out now with this sort of structure I share this is right time to buy 50% at this stage and rest when price will come back from upper zone . Follow condition strictly because I use psychological and structural points to make these . All are very reactive when conditions get failed. So trade accordingly. Rest market will decide.
Yogesh Vats
Note. All decisions of investing and trading should be taken on advice of your financial consultant.
SHOULD PULLBACK IN SBI BE USED TO BUY SEE & DECIDE !!Hi Traders/Investors,
Last week I mentioned in my post point no. 2 for your consideration " for investor this is right time to invest in this scrip. traders I made red dotted line til price do not take it out , no short buy on dips is good strategy for this stock. in coming days 2 nd target will be achieved." This is what I shared crystal clear. Though some traders bought on resistance out of aggression and then kept me posting that what should they do now position in loss. Dear traders when you can not control your emotions being shared trade when to enter i.e buy on dip . Did you get dip to enter . No you yourself put in this situation and wanting relief. Think over it can you get. This way you convert your losses into hope trades waiting red dotted line as a rescue level. If in any case is taken out then.... There is nothing sure in stock market. This language of trading is probability. Where a trader search a best probable trade. Not confirmed trade . This is highly ridiculous to think in this way. Even best probability trades need stop loss. No body in this universe expect taking entry is 100% sure about positive outcome. So change your perception about stock market.
Since Those who want to enter long they should consider red dotted line as sl and get long side positions til that red dotted line is breached with the 1st target of red solid line and if it is taken out then second target of blue zone. For new followers and readers there is difference between breached and taken out , That I have explained many time in my various post. Attaching post where you can understand in detail. But in daily case you have to see in daily candle with 4hrs candle. See I talked about breach of red dotted line means exit from long but trend will only change to down down side when taken out condition will be met.In case taken out is not met and price return into red dotted line again buy can be initiated generally this is the sign of rejection and maximum time we see rally in this situation. I think I have made all conditions crystal clear. If you again go wrong then My suggestion is to make your base for trading then come into this field. Investor can invest at this stage with 60% capacity. Rest market will decide.
YOGESH VATS
Note. All decision should be taken for investment and trading by consulting your consultant. I can be wrong any day any time.