ISGEC Heavy Engineering Ltd - Long Setup, Move is ON...#ISGEC trading above Resistance of 958
Next Resistance is at 1232
Support is at 704
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
Nava Limited - Breakout Setup, Move is ON...#NAVA trading above Resistance of 583
Next Resistance is at 673
Support is at 431
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.
Karur Vysya Bank - Long Setup, Move is ON...#KARURVYSYA trading above Resistance of 136
Next Resistance is at 209
Support is at 91.50
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.
ELIN - SIMPLE SETUP, GREAT POTENTIAL (GOLDEN CROSSOVER)Hi All,
This idea is about ELIN ELECTRONICS (EMS Sector)
Fundamentals:
Market Cap - 1033 Cr
Total Sales - 1042 Cr
Stock P/E - 74
Healthy quick ratio - 2
Low ROCE - 5.12%
Increase in promoter holding by 0.42% but still promoter holding low at 33
Technicals :
Price has just broken out of consolidation since Feb 23 near to its listing with expansion in moving averages and golden cross over on daily chart.
Price has crossed Point of Control in VRVP indicator (Volume Profile) supported by surge in volume.
Great Sectoral tailwinds behind EMS sector as a whole
Hope you'll enjoy the trade,
Happy Trading,
Thanks,
Stock-n-Shine
GEECEE VENTURE: All-Time High Breakout OpportunityWe are witnessing a remarkable opportunity as GEECEE VENTURE makes an all-time high breakout. The price structure leading up to this breakout is quite compelling, adding to the appeal. However, it's crucial to exercise caution to avoid getting caught up in a potential fakeout.
Here are our criteria and steps for this trade:
Confirmation Close: We need today's price to close above the all-time high (ATH).
Breakout Confirmation: We want to see today's high broken in the coming days.
Initial Entry : We plan to enter with 30% of our usual quantities when today's high is breached.
Re-entry on Re-tests: We'll consider adding more at the re-tests indicated on the charts.
Please refer to the chart for our stop-loss (SL) level, which we'll adhere to if the trade doesn't unfold as per our analysis.
Our analysis aims to be crystal clear for the audience, providing a compelling opportunity while emphasizing the need for caution. We invite traders and investors to join us in exploring this potential trade.
Please let me know if you'd like any further adjustments or additions to the content.
Double Bottom pattern breakout in GNFCGujarat Narmada Valley Fertilizers & Chemicals Limited.
Key highlights: 💡⚡
✅On 1 Day Time Frame Stock Showing Breakout of Double Bottom Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 865+.
✅Can Go Long in this Stock by placing a stop loss below 687-.
BALMLAWRIE BREAKOUT (6 year range breakout)Balmer Lawrie & Company Ltd is extremely bullish with rising volume as visible form the chart .
The financials of the company are pretty solid as well :
1. Rising PE
2. Increasing sales
3. increasing net profit
4. rising EPS
Along with all this the company also gives pretty solid dividend as well.
It is the stock to watch out for🚀🚀.
HFCL - Breakout Setup, Move is ON...#HFCL trading above Resistance of 111
Next Resistance is at 185
Support is at 75
Here is previous chart:
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.
"🚀 Castrol Stock Analysis: Bullish Signals & Targets📈 NSE:CASTROLIND Technical Analysis (Week Ending 16th Feb 2024)
Closing Price: 💵 207.70
Parabolic SAR: ✅ Buy Signal @ 186.55
EMA & MA Crossover: 🔄 Pending (Bullish Trend Support Expected Soon)
MACD:
MACDR: 📊 6.95 (Crossing Signal)
Histogram: ➕ Positive @ 0.05
Stochastics RSI: 🔄 K51.90 ➡️ D35.58 (Oversold Zone Exit)
%R (Williams Percent Range): 📈 Upward Trend @ 21.52
Fisher Transform: 🐟 0.58 (Bullish Crossover Mid-Range)
🎯 Targets:
First Target: 🎯 213.55 (Recent High)
Second Target: 🎯 220.40 (Fibonacci 1.618 Level)
🛑 Stop Loss: ⚠️ 199.50 (Fibonacci 0.618 Level)
⚠️ Disclaimer: This analysis is for informational purposes only and should not be construed as financial advice. Market conditions are dynamic; trade responsibly based on your own due diligence.
#Castrol #TechnicalAnalysis #StockMarket #NSE #TradingView #Investing #Finance #Stocks #BullishTrends #TradingSignals #MarketAnalysis #FibonacciLevels #StochasticsRSI #MACD #ParabolicSAR
InfoBeans Technologies Ltd is Ready to fly in Blue skyHello everyone, i have brought a stock which has potential to grow more than 100% from current levels. Yes i am talking about Infobeans Technologies which is primarily engaged in software development services, specializing in business application development for web and mobile and operate at Capability Maturity Model Integration (CMMI) level 3.
Stock has given bullish crossover
Volumes are supporting neckline breakout
price is above 200-DEMA
Market Cap
₹ 1,151 Cr.
Current Price
₹ 472
High / Low
₹ 555 / 362
Stock P/E
51.2
Book Value
₹ 122
Dividend Yield
0.21 %
ROCE
11.7 %
ROE
7.92 %
Face Value
₹ 10.0
Industry PE
31.8
Debt
₹ 24.5 Cr.
EPS
₹ 9.25
Promoter holding
74.2 %
Intrinsic Value
₹ 378
Pledged percentage
0.00 %
EVEBITDA
17.2
Change in Prom Hold
0.00 %
Profit Var 5Yrs
4.05 %
Sales growth 5Years
26.1 %
Return over 5years
48.6 %
Debt to equity
0.08
Net profit
₹ 22.5 Cr.
ROE 5Yr
16.5 %
Profit growth
-37.6 %
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.
Stock is forming Higher High and Higher Lows Pattern with VolumeHello Everyone, i hope you all will be doing good in your life and in your trading as well, i have brought a stock which is forming higher highs and higher lows pattern on weekly timeframe, recently i have observed the stock has shown huge volume spike on weekly chart, Stock is in uptrend and it is going to continue it's current bullish momentum in future as well. there is higher probability that we are going to achieve all our targets.
Stock is good to hold for long term as well, so if anybody is looking to invest for long term can do SIP in this stock. Company is India’s largest private sector shipping company, owning and operating 43 ships and 23 offshore assets. The shipping business is involved in the transportation of crude oil, petroleum products, gas, and dry bulk commodities. The company is involved in the offshore services business through its wholly-owned subsidiary Greatship India Ltd. It provides offshore oilfield services with the principal activity of owning and/or operating offshore supply vessels and mobile offshore drilling rigs.
Market Cap
₹ 15,017 Cr.
Current Price
₹ 1,048
High / Low
₹ 1,129 / 658
Stock P/E
5.75
Book Value
₹ 868
Dividend Yield
2.75 %
ROCE
20.2 %
ROE
23.1 %
Face Value
₹ 10.0
Industry PE
27.6
Debt
₹ 3,048 Cr.
EPS
₹ 183
Promoter holding
30.1 %
Intrinsic Value
₹ 1,401
Pledged percentage
0.00 %
EVEBITDA
3.58
Change in Prom Hold
0.00 %
Profit Var 5Yrs
199 %
Sales growth 5Years
8.18 %
Return over 5years
33.8 %
Debt to equity
0.25
Net profit
₹ 2,614 Cr.
ROE 5Yr
15.5 %
Profit growth
6.30 %
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.
Fans, Lighting, Pumps, Appliances making company is ready to flyHello everyone, i hope you all will be doing good in your life and your trading as well, i have brought another stock which is ready to fly in blue sky. It is an independent company under professional management and have 2 business segments – Lighting and Electrical Consumer Durables. Company name is Crompton Greaves Consumer Electricals Limited, and it is one of the leading consumer companies in India with a 75+ years old brand legacy.
Product Portfolio:-
Fans - Ceiling Fans, Table fans, pedestal fans, wall-mounted fans, Ventilating fans, heavy-duty exhaust fans, air circulators, industrial fans. In FY23, company has transitioned to the new BEE norms.
Pumps - Residential pumps, Agricultural pumps, solar pumps, specialty pumps.
Appliances - Water heaters, air coolers, mixer grinders, irons, small kitchen appliances, and power solutions. In FY23, company launched a range of built in kitchen appliances in top 10 cities.
Lighting - LED lamps, Battens, panels, streetlights and floodlights, interior & architectural lighting, incandescent lamps, compact lamps, and Fluorescent lights.
Stock is forming higher highs and higher lows pattern on weekly timeframe, and now it has taken support and formed higher lows on chart, there is higher probability we can see a follow through momentum in coming days. So this can be best entry levels to accumulate in lower levels for higher targets.
Market Cap
₹ 20,161 Cr.
Current Price
₹ 314
High / Low
₹ 328 / 252
Stock P/E
46.6
Book Value
₹ 42.6
Dividend Yield
0.96 %
ROCE
16.0 %
ROE
18.1 %
Face Value
₹ 2.00
Industry PE
66.8
Debt
₹ 1,019 Cr.
EPS
₹ 6.77
Promoter holding
0.00 %
Intrinsic Value
₹ 125
Pledged percentage
0.00 %
EVEBITDA
26.6
Change in Prom Hold
0.00 %
Profit Var 5Yrs
7.42 %
Sales growth 5Years
11.0 %
Return over 5years
5.70 %
Debt to equity
0.37
Net profit
₹ 440 Cr.
ROE 5Yr
29.4 %
Profit growth
-17.5 %
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.
India's Leading Lighting Components maker stock has gvn BreakoutHello everyone, i hope you all will be doing good in your trading and your life as well. I have brought another stock which has given small rectangle pattern breakout on daily timeframe, breakout is supported by good daily volume creation on daily chart. Good thing we just found early so we can take entry on right time. Well company is really good with good management track record. Co. enjoys a significant market share for supply of automotive lighting & signaling equipment and rearview mirrors to Two-wheeler and Four-wheeler OEMs. In FY19, they had 27-30% market share of the total 2 Wheeler headlamp market in India, which increased to 30%+ in FY22.
Technicals:-
stock is trading above 200-DEMA.
stock has given bullish crossover in MACD and RSI indicator.
stock has given breakout of Triangle pattern with good volume.
Everything suggesting a bullish momentum in this stock.
NOTE:- I have not put MACD & RSI indicators on chart, but i have done my analysis on these written indicators above.
Market Cap
₹ 3,424 Cr.
Current Price
₹ 1,301
High / Low
₹ 1,314 / 822
Stock P/E
20.7
Book Value
₹ 337
Dividend Yield
1.54 %
ROCE
26.7 %
ROE
20.1 %
Face Value
₹ 10.0
Industry PE
30.4
Debt
₹ 23.1 Cr.
EPS
₹ 63.0
Promoter holding
66.6 %
Intrinsic Value
₹ 892
Pledged percentage
0.00 %
EVEBITDA
11.4
Change in Prom Hold
0.00 %
Profit Var 5Yrs
24.4 %
Sales growth 5Years
6.96 %
Return over 5years
41.5 %
Debt to equity
0.03
Net profit
₹ 166 Cr.
ROE 5Yr
16.5 %
Profit growth
18.6 %
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.
MEDANTA (Global Health Ltd.)Global Health Ltd.. Riding the stairs . Heading to base 3
Best Buy : @530 After breakout of the box or @500 if found near the trendline.
Stop loss : 498 or Below Trend line
Targets: 555/580/600/620++++
Note:
''This idea is only for educational purpose,
Please Trade at your own RISK''..
THANKS.
Breakout in Mahindra EPC Irrigation Ltd...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 Himachal Futuristic Communications 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.
India Nippon Electricals: Shocking Gains or Short Circuit AheadAttention all chart junkies and market maniacs! If you thought the only thing in India that could surge this dramatically was the summer heat, think again! India Nippon Electricals is here to prove that stocks can be hotter than a forgotten chapati on the tawa.
Price Action Analysis:
📈 Current Price: ₹792.20 (more electrifying than your neighbor's DIY wiring job)
📊 Gain: +67.90 (+9.37%) (enough to make even the most stoic trader do a little bhangra)
Key Observations:
Breakout Bonanza: INDNIPPON has smashed through previous resistance like a monsoon flood through a poorly built dam. The ₹741.30 level? More like a speed bump for this charging bull.
Volume Surge: Trading volume is higher than the decibel level at a Diwali firecracker party. This suggests strong conviction in the move. Traders are piling in faster than aunties at a wedding buffet!
Trend Analysis: The uptrend is so strong, it could probably pull a fully loaded truck up the Himalayas. We're seeing higher highs and higher lows, a pattern more consistent than your grandma's daily soap opera viewing schedule.
Support Turned Resistance: The previous resistance at ₹741.30 now looks like it could act as support. If it holds, it'll be stronger than your uncle's opinion on politics.
Trading Idea:
Long-term investors might want to ride this electrical wave, but keep an eye out for any signs of a short circuit.
For the brave day traders out there, buying the dips could be more profitable than selling pakoras in the rain - just make sure to set those stop losses tighter than your budget during end-of-month blues.
Potential Targets:
🎯 Short-term: ₹825 (as ambitious as your New Year's resolutions)
🎯 Mid-term: ₹850 (reaching for the stars, or at least the top shelf of the liquor cabinet)
Risks:
Remember, what goes up must come down - unless it's the price of petrol or your neighbor's ego. A pullback is always possible, so don't bet your entire portfolio on this one stock, unless you want your financial future to be as uncertain as a weather forecast during monsoon.
Final Thoughts:
India Nippon Electricals is currently hotter than a jalapeño in a Delhi summer. But like trying to eat said jalapeño, approach with caution. This stock might continue to light up your portfolio, or it could blow a fuse. Either way, it's sure to be more entertaining than watching paint dry!
Disclaimer: This analysis is about as reliable as your friend who swears they know a shortcut through Mumbai traffic. Always do your own research and consult a financial advisor before making investment decisions. Happy trading, and may your profits be as plentiful as pani puri on a street corner! 🚀💸