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KRBL | Swing Trade📊 Details
KRBL is worlds leading basmati rice producer and has fully integrated operations in every aspect of basmati value chain, right from seed development, contract farming, procurement of paddy, storage, processing, packaging, branding and marketing.(Source : 202003 Annual Report Page No:181)
Disclaimer: This analysis is solely for educational purposes and does not make me a SEBI registered analyst.
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Nesco Ltd: Weekly Flag BO 1:2 RRA bullish flag pattern sith very huge volume has been emerged on the weekly chart of NSE:NESCO
One can create a fresh position in the scrip near the CMP of Rs. 660 or below with a stoploss of Rs. 620 on weekly closing basis and the targets would be 700/740.
The Risk Reqard Ration is 1:2.
Exit the position if the stop loss is triggered on WCB.
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Disclaimer: Content shared is for information and education purposes only and should not be treated as investment or trading advice. Please do your own analysis or take independent professional financial advice before making any investments based on your own personal circumstances. Investment in securities are subject to market risks, please carry out your due diligence before investing. And last but not the least, past performance is not indicative of future returns.
Long Setup in Sunteck RealtyAn Inverted Head & Shoulder Chart Pattern Breakout happened on the weekly Time frame of NSE:SUNTECK
Price Action is well supported by the volume.
The stock is currently in uptrend making higher highs and higher lows.
One can add this stock into their stocks to buy list.
Initiate the long trade only according to the levels mentioned on the charts.
Stop loss will be on a weekly closing basis.
Trend Analysis :- UP Trend
Chart Pattern :- Bullish Inverted Head & Shoulder Chart Pattern
Technical Indicator :- Positive MACD Crossover
Long setup in ICICI prudentialsA bullish flag & pole Chart Pattern Breakout will happen on the weekly Time frame of NSE:ICICIPRULI
Price Action nees to be supported by volume.
The stock is currently in uptrend making higher highs and higher lows.
One can add this stock into their stocks to buy list.
Initiate the long trade as per the levels mentioned on the chart
Stop loss will be on a weekly closing basis.
Trend Analysis :- UP Trend
Chart Pattern :- Bullish flag & pole Chart Pattern
Technical Indicator :- Positive MACD Crossover
ANURAS | Swing Trade📊 Details
Anupam Rasayan India Ltd is engaged in manufacturing of specialty chemicals, which are sold in local as well as exported to other countries.
Disclaimer: This analysis is solely for educational purposes and does not make me a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
🔍 More Analysis & Trade Setups 🔍
For more technical analysis and trade setups, make sure to follow me on TradingView: www.tradingview.com
MOTILAL OSWAL FIN SERVICES LTD«🫴 MOTILAL OSWAL FIN SERVICES LTD 🤏»
👀 Stock with decent fundamentals trading at a very low PE of 9 is looking good for medium to long term holdings , only problem with the stock is the increasing debts and slowdown in growth of profits
👀 Stock has formed a higher low in bigger time frames like monthly and above , showing buyers coming in the stock , stock is trading above its demand zone and can move towards 1200/1500 levels in coming days , CMP 880 , SL can be taken of 8-10%
👀 : Take strict SL as its a risky stock with changing fundamentals , happy to risk 10% for a reward of 30% , happy to go wrong but no point holding if view goes wrong🙏🙏
KN AGRI RESOURCES«⭐️ KN AGRI RESOURCES 💫»
📊Stock is showing good signs of a trend change in coming days , as it has broken out of its downward trendline and also broken out of its double bottom highs
📈Stock fundamentals are also good :
# Low PE ratio of 12
# Low debt co , Debt to equity ratio at 0.3
# PB ratio of 1.2
# High promoter holdings of 73%
👀 Co has some problem with cash flow ,apart from that , Overall stock is good both fundamentally and technically , Can go towards 165 / 200 levels in coming days , above that targets are open in the stock depending upon its fundamentals , CMP 140 , SL of 10%
HG INFRA: CUP AND HANDLESTRATEGY: BUY CMP i.e. 985-980 SL:905 TGT: 1130-1150
Theory:
The Cup with Handle is a bullish continuation pattern that marks a consolidation period followed by a breakout. It was developed by William O'Neil and introduced in his 1988 book, How to Make Money in Stocks.
As its name implies, there are two parts to the pattern: the cup and the handle. The cup forms after an advance and looks like a bowl or rounding bottom. As the cup is completed, a trading range develops on the right-hand side and the handle is formed. A subsequent breakout from the handle's trading range signals a continuation of the prior advance.
Trend: To qualify as a continuation pattern, a prior trend should exist. Ideally, the trend should be a few months old and not too mature. The more mature the trend, the less chance that the pattern marks a continuation or the less upside potential.
Cup: The cup should be “U” shaped and resemble a bowl or rounding bottom. A “V” shaped bottom would be considered too sharp of a reversal to qualify. The softer “U” shape ensures that the cup is a consolidation pattern with valid support at the bottom of the “U”. The perfect pattern would have equal highs on both sides of the cup, but this is not always the case.
Cup Depth: Ideally, the depth of the cup should retrace 1/3 or less of the previous advance. However, with volatile markets and over-reactions, the retracement could range from 1/3 to 1/2. In extreme situations, the maximum retracement could be 2/3, which conforms with Dow Theory.
Handle: After the high forms on the right side of the cup, there is a pullback that forms the handle. Sometimes this handle resembles a flag or pennant that slopes downward, other times it is just a short pullback. The handle represents the final consolidation/pullback before the big breakout and can retrace up to 1/3 of the cup's advance, but usually not more. The smaller the retracement, the more bullish the formation and significant the breakout. Sometimes it is prudent to wait for a break above the resistance line established by the highs of the cup.
Volume: There should be a substantial increase in volume on the breakout above the handle's resistance.
Target: The projected advance after breakout can be estimated by measuring the distance from the right peak of the cup to the bottom of the cup.
Lloyds Steel Updated Analysis Stock has given strong 3 times returns in recent weeks as posted @17 and made high of 60, now again stock taken support at it's 38-42 zone, ready to move further up, follow chart for proper support and resistance levels.