TRENT: BULLISH BREAKOUTRange breakout with strong weekly closing. One should buy the sock with SL of 1140 and look for the target of 1360/1440 in coming weeks
Stockstowatch
DABUR - Parallel Channel + Superguppy BreakoutDabur has broken up above the descending parallel channel it has been trapped in since September 2021, while also closing above the SuperGuppy resistance. There is also divergence in the RSI and price line. These are bullish signs.
Watch for it to hold 560 levels over the next few sessions and look to purchase above 570 for targets of 585 and 600 in the medium term.
TITAN - Titanic box breakout!TITAN has given a breakout of the rectangular Darvas Box after consolidation since October 2021.
Look to buy on any re-test of the breakout around 2680 levels.
LIC HOUSING : CASE OF BULLISH REVERSALStock is making a diagonal pattern, (should be treated as leading diagonal) . Anticipating a bottom formation one should go long on the stock on current levels with SL of 320 (clbs) and look for the target of 410 and 450 .
Expecting a Bullish Move in JK PAPERAs per the 2 Hour Chart of JK PAPER, we have witnessed a Formation of a “Morning Star” Pattern on the downside levels.
Therefore, we are expecting to witness a bullish momentum in the stock in the upcoming trading sessions. Wherein it is being expected to face a resistance initially at around the levels of 228.20, 232.25, and 235.55. Whereas, on the other hand, on the downside levels, the stock may face a support at the level of 218.05, on closing basis.
Closing Price (as on 08.03.22) : 223.10
Disclaimer: No financial information whatsoever published here, should be construed as an offer to buy or sell securities, or as advice to do so in any way whatsoever. All matter published here is purely for Educational and Information purposes only and under no circumstances should be used for making investment decisions. Viewers must consult their personal financial advisor before making any actual investment decisions, based on information published here. Any Investor or Trader taking decisions based on any information published here, does so entirely at its own risk. Investors and Traders should bear in mind that any investment in Stock Market is subject to unpredictable market-related risks.
McDowell: bearishStock is taking a zig-zag correction. Any bounce should be taken as selling opportunity preferably in the region of 825 with SL of 860 and look for the target of 725/680
Metropolis - Attractive Risk Reward OpportunityMetropolis is a sophisticated and well spread brand in itself. It has corrected almost 45% from its high of 3500+. It is trading near its life time support trend line that is coming at around 1700. Stock was trading at 1800 levels today and it maintained its level at that price. However, with strong selling pressure in overall market, Metropolis may also take hit and may go down to around 1700 levels, but, as for now it is an attractive opportunity for the investors who can buy in 4-5 or more parts.
Important cautious price range would be 1680-1650 from where it may again try to bounce back. Those who consider it as a quality company and can invest their time and study on this, it is good for them.
I am not a SEBI registered analyst or advisor and whatever studies I am putting upon this platform are just for study perusal of readers and my own documentation of my studies. Please note that I am not a very long term investor and I keep changing my position as per time and price, so I may or may not be holding the suggested stocks at any given point of time.
Graphite India - Positive Technical moveGraphite India is among top 5 Graphite manufacturers globally. It enjoys good easy demand and that it is expected to continue enjoying the same. With climate control steps being increasingly taken by manufacturing countries, use of Graphite is expected to grow consistently, as graphite oriented metal processing creates far less hazardous gases.
Technicals:
On Weekly Chart, Graphite India is giving three positive indicators M pattern break out from trough region, positive RSI divergence and Inside Bar Breakout.
Cautious level to be seen on this counter is at around 400, otherwise it is a kind of buy on dips as its financials have also started improving hugely.
I am not a SEBI registered analyst and this is just an educational purpose study for own perusal. Please note that, out of all the studies that I am giving, I may or may not be holding positions at any given time, because I am not a long term investor.
JublinGreavea - Possible investment gemJublin Greavea is a demerged company of Jubilant Life sciences, is one of the well managed chemical manufactruing business.
Key Fundamentals:
1. Business products are diversified
2. Manfacturing plants are located in 3 different States of Inda, so manufacturing does not get affected in case of any emergency in specific State
3. Sales demography is also well diversified with 40% exports, 40% domestic and 20% to exporters
4. Revenue is further more diversified among customer base, with only 20% among Top 10 clients
5. Many expansion plans already on table
6. Outstanding growth in revenue and profit YOY FY21 to TTM FY22
Technically, It is currently trading at 61.8% retracement price of life time uptrend.
Key Support prices:
440 and 370
Key Resistances:
509, 570, 630
It can be looked as a potential multi bagger while keeping eyes over it quarterly performances and any impactful triggers.
I am not a SEBI Registered Investment advisor and this is only for self study for the readers. I may or may not be holding shares that I put on platforms for reference of study for readers.
Long Term Investment Prospects - Balaji Amines (Tech+Funda)Balaji Amines is backed by a strong management team which aspires to be the largest manufacturer of every chemical they produce. With the aim, currently it is undergoing continuous capex and that is why see lower profit margins. However, with an increasing capacity, profits are still growing almost every quarter (though with lower margin!).
Notably, this time Balaji Amines beaten the margins of a profit margin master competitor Alkyl Amines as well. Balamines is facing adversity by industry sell off and not a company level performance problem. With a disciplined execution of management agenda, company seems to have passed over raw material price hikes well in time and that is why it continued enjoying stably high opm of 28% (compared to 18% of Alkyl).
Technical indicators:
1. When drawn almost a life-time Fibonacci, it seems to be hovering between 50-61.8% levels and consolidating positively
2. When drawn Fibonacci from life time high to the low of down trend, it seems to have returned twice from 38.2% and now, taking support again at around 3100 level
3. After falling to the bottom of the downtrend, stock is consolidating in bigger range, but with positive RSI divergence every time. That is an indicator of healthy accumulation in the counter
4. If it again respects the support level at around 3100-3000, then it will become a stronger psychological support zone and hence investing at these levels is most favorable risk reward level for investing
Resistances:
3230, 3390, 3450. 3740
SL: 2800
Disc.: This is not a buy recommendation. This is just for study purpose and I am not a SEBI registered advisor. I may be holding in all or any of the studies presented by me.
Divis Lab - Fundamental + Technical Positive (Multiple Triggers)Divis Labs corrected corrected fairly after almost a continuous rally of about 40% in say 6 months. After making a peak at 5389, it corrected nearly 30%. Now, it seems to have consolidated well and is in good shape to resume its bull run going further.
Points working in favor:
1. Fundamentals are improving pretty good
2. Double Bottom with positive RSI Divergence
3. Price action is strong on weekly chart as well
Key Resistance points/Target points:
1. 4689
2. 4769
3. 4890
4. 5016 (Fresh strong rally possible after this stage on closing basis)
Key Support level/stop loss: 4300
HEROMOTOCORP: Correction aheadAfter rising in an impulsive manner & a thrust after a triangle suggests that stock has completed its impulse move of wave 1. Post this stock is likely to give three wave correction of which we have already seen wave A & B. One should go short on the stock keeping SL of 2817 & look for the target of 2625/2580 in the coming session.
Chart analysis of JSW Energy (12 Feb 2022)Darva Box Breakout
Only for educational purpose. Not a recomenndation.
Chart Analysis of Schneider (12 Feb 2022)Falling Trendline Breakout on Weekly Basis with Heavy Volumes.
Only for educational purpose. Not a Recommendation.
Hind Copper - Trendline Breakout + MACD CrossoverHindustan Copper has broken the long-term trendline upwards coupled with an MACD crossover on the Daily Timeframe and breakout in volumes over the past two days. Looks good for short to mid term.
STOCK ANALYSIS FOR THE WEEK AAFLEGOOD evening friends welcome and today we are expressing our opinion on AFFLE INDIA LTD.LEVEL TO WATCH IS 1345
for detailed analysis see the video.
Regards.
ACC: Preparing for another impulseFrom the level of 2087 stock has broken the previous resistance in an impulsive manner & given a deep correction . After that there was an impulsive rise followed by another corrective fall. The current price action is showing the sign of completion of correction. One should go long on current levels with SL of 2190 & look for the target of 2350/2400/2450/2500
BIRLA MONEY : TARGET 100%Guys
Chart is explaining every details. Those who follow me regularly can understand easily entry, SL, Target and the logic as well.
Thise who missed the trade can still enter @cmp.
If still you've any questions feel free to ask me.
Thanks!
HINDALCO: Prepared for a new highStock is rising in an impulsive manner and currently riding in a 5th wave of higher degree. One should buy the stock with stop loss of 500 & look for the target of 550/580.
Inverted Head & Shoulder in Hero Motor CorpA probable Inv H&S pattern can be seen on the Daily Chart of Hero Motor Corp
Breakout is still awaited.
One can look to Buy only upon a valid breakout above the Trendline.
STOCK ANALYSIS FOR TWO WEEKS GANECOSGood evening friends stock to watch is Ganesco and horizon is two week level to watch 689 and SL is 619. watch video for detailed analysis.
Regards.
GAIL looks Good for BreakoutGail Looks good for Breakout, can show good upside
Good strength in stock
keep watching
