Cup & Handle Breakout in GULFOILLUBA Weekly Bullish Cup & Handle pattern is visible on the charts of NSE:GULFOILLUB
Cup & Handle pattern is a bullish pattern and it is visible on the charts after a meaningful consolidation in the weekly charts of NSE:GULFOILLUB
MACD gave positive crossover on daily, weekly and monthly time frame.
Levels will be posted after the successful breakout.
this study is for educational purpose only.
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eClerx Services breakout confirm.Company provides data management, analytics solutions and process outsourcing services to a host of global clients through a network of multiple locations in India, and abroad.
Geographical Split
USA: 67% in FY21 vs 60% in FY18
UK: 6% in FY21 vs 4% in FY18
Europe: 20% in FY21 vs 23% in FY18
Asia Pacific: 7% in FY21 vs 13% in FY18.
EBIT for the period is INR 146.5 crore, down by 9.6% YoY.
Profit after tax for the quarter ended June 30, 2023 was INR 106.3 crore compared with INR 99.2 crore in the corresponding period in the previous year, an increase of 7.2% YoY.
Basic EPS for the quarter ended June 30, 2023 was INR 22.12 as compared to INR 19.98 (adjusted for bonus) in the corresponding period last year.
Warning:- Analysis Posted here is just our view/personal study method on the stock. Do your own analysis or consult your financial advisor before making any investment decision
Zodiac Cloth: Confirmed Inverted H&S Breakout Hi,
A bullish Inverted H&S Shoulder breakout has been observered on Weekly Chart of NSE:ZODIACLOTH One can create a fresh position in the scrip at CMP of Rs. 110 or below with a stop loss of Rs 100 on weekly closing basis and for targets of Rs 120/130.
Exit the position if the stop loss is triggered on DCB.
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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 Mahindra &MahindraA Bullish Flag and Pole Chart Pattern Breakout happened on the weekly Time frame of NSE:M_M
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.
Stop loss will be on weekly closing basis.
Trend Analysis :- UP Trend
Chart Pattern :- Bullish Flag and Pole
Technical Indicator :- Positive MACD Crossover
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.
DO YOU WANT ALL MY RESEARCH FOR FREE THEN DON'T FORGET TO FOLLOW ME and hit the small plane icon.
I AM EAGERLY WAITING FOR YOUR COMMENTS ON THE STUDY...
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 Force MotorsAn On Neck Chart Pattern Breakout happened on the weekly Time frame of NSE:FORCEMOT
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.
Stop loss will be on weekly closing basis.
Trend Analysis :- UP Trend
Chart Pattern :- On-Neck Chart Pattern
Technical Indicator :- Positive MACD Crossover
HEG: Huge Flag&Pole BO Rs. 300 TGTA Bullish Flag & Pole BO has been confirmed on the Weekly charts of NSE:HEG
One can create a fresh position in NSE:HEG at 1670 or below with a stop loss of Rs. 1570 on weekly closing basis for a target of Rs. 1770/1870/1970
Exit the position if the stop loss is triggered on WCB.
DO YOU WANT ALL MY RESEARCH FOR FREE THEN DON'T FORGET TO FOLLOW ME and hit the small plane icon.
I AM EAGERLY WAITING FOR YOUR COMMENTS ON THE STUDY...
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.
Rallis India: On Neck BO on WTFAn on Neck BO is Confirmed on the Weekly charts of NSE:RALLIS One can look to create a fresh position in the srcip at 220 with a stop loss of Rs. 210 on weekly closing basis for a target of Rs. 230/240/250.
Exit the position if the stop loss is triggered on WCB.
If you agree with the idea then hit the airplane icon and don't forget to follow me to get all the latest updates.
Post your comments and queries.
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.
ZensarTech: Long for 12% returnZensar Technologies Ltd. engages in the provision software development and allied services. It operates through the following segments: Digital and Application Services and Digital Foundation Services. The Digital and Application Services segment includes Application Development, Maintenance, Support, Modernization and Testing Services across a wide technology spectrum and Industry verticals. The Digital Foundation Services segment consists of Hybrid IT, Digital workplace, Dynamic Security and Unified IT provided under managed service platform using automation, autonomics and machine learning. The company was founded on March 29, 1963 and is headquartered in Pune, India.
A bullish flag and pole pattern is visible on the daily charts of NSE:ZENSARTECH One can create a fresh position in the scrip from INR 505 to 515 with a stop loss of 495 for a target of 548/581
Exit the position if the stop loss is triggered on DCB.
If you agree with the idea then hit the airplane icon and don't forget to follow me to get all the latest updates.
Post your comments and queries.
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.
Welspun Corp: On Neck BO Confirmed
An on neck breakout is confirmed on the weekly charts of NSE:WELCORP
One can create a fresh position in the scrip near its cmp 316 or below with a stop loss of 308 for a target of Rs. 332/348/364
Exit the position if the stop loss is triggered on WCB.
If you agree with the idea then hit the airplane icon and don't forget to follow me to get all the latest updates.
Post your comments and queries.
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.