Sundaram Finance Holdings Ltd - Breakout Setup, Move is ON...#SUNDARMHLD trading above Resistance of 246
Next Resistance is at 305
Support is at 168
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Stocks!
Natco Pharma Limited - Breakout Setup, Move is ON...#NATCOPHARM trading above Resistance of 1090
Next Resistance is at 1514
Support is at 942
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NAM_INDIA - Breakout Setup, Move is ON...#NAM_INDIA trading above Resistance of 535
Next Resistance is at 692
Support is at 401
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Breakout in Gufic Biosciences Limited...Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Capacite Infraprojects Ltd - Breakout Setup, Move is ON...#CAPACITE trading above Resistance of 297
Next Resistance is at 358
Support is at 211
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Rane (Madras) Limited - Long Setup, Move is ON...#RML trading above Resistance of 852
Next Resistance is at 1050
Support is at 587
Here are previous charts:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Marksans Pharma Ltd - Long Setup, Move is ON...#MARKSANS trading above Resistance of 134
Next Resistance is at 180
Support is at 92
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Skipper Ltd (India) - Breakout Setup, Move is ON...#SKIPPER trading above Resistance of 292
Next Resistance is at 451
Support is at 215
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Gabriel India Limited - Long Setup, Move is ON...#GABRIEL trading above Resistance of 335
Next Resistance is at 518
Support is at 183
Here are previous charts:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Neuland Laboratories Ltd - Breakout Setup, Move is ON...#NEULANDLAB trading above Resistance of 8289
Next Resistance is at 11889
Support is at 5604
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Welspun Enterprises - Breakout Setup, Move is ON...#WELENT trading above Resistance of 477
Next Resistance is at 583
Support is at 366
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Godfrey Phillips India - Breakout Setup, Move is ON...#GODFRYPHLP trading above Resistance of 4339
Next Resistance is at 4971
Support is at 3317
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
HINDALCO INDUSTRIES LIMITED (EDUCATIONAL PURPOSE ONLY)There is no guarantee in Stock market and Nothing over week.
STOCK TO STUDY (EDUCATIONAL PURPOSE ONLY, NOT BUY OE SELL RECOMMENDATIONS)
HINDALCO INDUSTRIES LIMITED
TARGET RS 720
CMP RS 685.10
ENTRY RANGE RS 678-692
STOP LOSS RS 635
Disclaimer: I am not Sebi Registered.
IRCTC : Time to travel.NSE:IRCTC Good buying opportunity in IRCTC .
BUYING RANGE: 650-660 ( After breakout)
Case1-
Good to buy after breakout of the Trend line ie. @650-660.
Put Stop loss of 610.
Case2-
Second opportunity : if found around the Previous Demand Zone of 560-580.
Put Stop Loss of 545-50
TARGETS :
T1- 710
T2- 765
T3- 840
T4- 920
WHY IRCTC:
1- Breakout of long term Trendline.
2- Taking good support from the Demand zone of 560-600
3- Good Risk to Reward Ratio.
Thanks for your Support.
Disclaimer:
This idea is only for the Educational purpose only, Kindly trade at your own Risk.
Pull Back Pattern Seen with Long Lower Shadow Hammer CandlestickHello everyone, i hope you all will be enjoying the weekend, but let's do some learning now.. i have found a stock which has shown a pull back pattern with long lower shadow hammer candlestick pattern on weekly chart. Stock name is Share India Securities Ltd and it is a financial service provider that uses technology to offer customized capital market tech-based solutions to clients. It offers financial products & personalized services, including equity broking, currency & commodity derivative, depository participant services, mutual fund advisory and distributorship, etc to retail and corporate clients. The co. has a PAN India presence with 61 branches of NBFC business and, 293 sub-brokers/franchisees.
Let's learn about the pattern which i have written in Title:-
Q:- What is Pull back pattern?
Ans by Rahul:- Pullback is a term used in stock trading that refers to a price decline from an existing high point. This decline is usually temporary and serves as a correction after an upward trend. Pullbacks are common in the stock market, and they offer traders opportunities to buy stocks at discounted prices.
Q:- How to Trade Pull back patterns?
Ans by Rahul:- For trading pull back pattern there is strategy and this strategy works by waiting for a stock’s price to decline from previous highs before buying it. The idea is that when there is a dip in prices, there is usually an opportunity for investors to buy into the stocks at lower prices, and then sell their shares once the stock rebounds. if you look at the Share india chart above, you will see after breakout stock rallied almost 35% and made high at 405 and now stock again came at their support zone where stock had given breakout earlier, we also call this breakout retest strategy. So this is the zone where we have to try to accumulate and keep your stop loss at below to support zone, for the Targets you can plan previous highs or you can expect same length of previous consolidation zone.
I hope now you guy's have learned about pull back pattern and how to trade to these patterns, Right. If yes then do not forget to hit like and share with others after you done reading.
Let's focus on other aspects of company:-
Company History
The Co. was established in 1994 and entered the equity broking segment in 2000. Subsequently, it diversified its offerings by undertaking derivatives trading in 2007, currency trading in 2008 and commodities trading in 2012.
In 2016, it was registered as a Mutual Fund Advisor with AMFI and in 2018 it registered as a Category I Merchant Banker & Portfolio Manager with SEBI. In 2020, it moved from SME platform to BSE Main Board.
New Launch
In FY24, the co. launched Algo Platform – uTrade Algos for automated trading.
In FY23, it launched a Retail Platform - IBT, a digitally-enabled online account opening and trading platform.
Market Cap
₹ 5,953 Cr.
Current Price
₹ 302
High / Low
₹ 408 / 233
Stock P/E
14.0
Book Value
₹ 91.2
Dividend Yield
0.56 %
ROCE
38.3 %
ROE
31.0 %
Face Value
₹ 2.00
Industry PE
17.9
Debt
₹ 403 Cr.
EPS
₹ 22.2
Promoter holding
52.3 %
Intrinsic Value
₹ 754
Pledged percentage
36.2 %
EVEBITDA
6.54
Change in Prom Hold
-0.87 %
Profit Var 5Yrs
76.9 %
Sales growth 5Years
48.4 %
Return over 5years
81.1 %
Debt to equity
0.23
Net profit
₹ 426 Cr.
ROE 5Yr
37.5 %
Profit growth
30.0 %
Earnings yield
15.0 %
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.
Neat & Clean Cup and Handle Pattern Breakout seen in INOXWINDHello everyone i have brought a stock which has given a breakout of Continuation pattern which called Cup and Handle Chart Pattern. Stock name is INOXWIND.
Inox Wind Limited is a part of the Inox Group. The company is engaged in the business of manufacturing Wind Turbine Generators (WTGs) and is a wind energy solutions provider servicing IPPs, Utilities, PSUs, Corporates and Retail Investors. Inox Wind Ltd is a fully integrated player in the wind energy market and provides end-to-end turnkey solutions.
Note:- Technically chart is looking bullish as it has given breakout of Cup and Handle pattern but fundamentally i have not find that much attractive, so i am not advising this stock for long term type, my view here is only for short term. Please follow strictly stop loss in this.
Let's learn about this pattern (Cup and Handle)
Q:- What is Cup and Handle Pattern?
Ans:- It is a bullish continuation pattern that occurs in an uptrend and signals that the price of the stock will continue to trend higher on completion of the pattern. The pattern gets its name from its shape which resembles that of a conventional tea cup with a handle. It is one of the most occuring pattern used across the world to spot dominant uptrend for taking long positions.
Q:- How to take entry and exit and where to keep stop in this Chart pattern?
Ans:-Entry Point: Place the trade when the price rises above the handle created resistance level. This breakout confirms the pattern and indicates the resumption of the uptrend.
Stop Loss and Take Profit: Set a stop-loss order below the handle’s support level to limit potential losses. Determine a take-profit level by measuring the depth of the cup and adding it to the breakout point.
Volume Confirmation: Keep an eye on volume during the breakout. Higher trading volume should accompany the breakout, indicating strong buying interest and validating the pattern’s reliability.
Monitor Price Action: Continuously monitor the price action after entering the trade. Consider trailing your stop loss to protect profits and adjust your take-profit target if necessary.
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.