Neat & Clean Falling Resistance Trendline Breakout in TVSHello everyone, i hope you all will be doing good in your life and your trading as well. Today i have brought a stock which has given perfect neat and clean falling resistance trendline breakout on chart. Stock name is TVS Motor Company Ltd (TVSM) and it is engaged in manufacturing two-wheelers and its accessories; it currently manufactures a wide range of two-wheelers and three-wheelers.
Stock is good for short term to long term investing. Stock is trading at 17% discounted price. So it becomes more attractive at these levels. All the levels i have already marked on chart. Please follow that.
Fundamental analysis
P/E ratio is 62.7399 which is lower than it's Industry P/E 62.74
D/E 3.73 has reduced as compared to last year's D/E 3.93
Stock has given a return of 30.96% in last 52 Weeks
ROCE is 15.64%
ROCE 15.64% has increased as compared to last year's ROCE 14.11%
ROE is 28.95%
ROE 15.64% has increased as compared to last year's ROE 14.11%
ROCE 15.64% is higher than 5 years ROCE average 12.99%
ROE 28.95% is higher than 5 years ROE average 22.06%
Operating Profit Margin (EBITDA Margin) is 14.09%
Operating Profit Margin (EBITDA Margin) 14.09% has improved as compared to last year's OPM 12.72%
Net Profit Margin (PAT Margin) 4.31% has improved as compared to last year's NPM 4.16%
Company has a negative Cash Conversion Days of -53.88
Annual Sales has grown by 22.43%
Annual Profit has grown over by 26.86%
3 Years Sales CAGR is 27.58%
3 Years Profit CAGR is 39.21%
Quarterly Sales has grown over by 13.78% YoY
Quarterly Profit has grown over by 42.29% YoY
Quarterly Profit has grown over by 20.7% QoQ
FII have increased their stakes by 1.28% in the latest quarter (21.05% to 22.33%)
FII have increased their stakes by 9.47% in last 3 years
Retail/Public have reduced their stakes by 1.05% in the latest quarter (19.49% to 18.44%)
Promoters + FIIs + DIIs hold 91.04% in the company
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
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Stocktrading
Technical Analysis for HUDCO (Housing & Urban Development Corpor
Chart Pattern: W-pattern breakout with strong volume
Key Breakout: 200 DEMA breakout confirmed
Trade Type: Swing trade for 6 months
Entry Strategy: Buy after breakout confirmation
Stop Loss (SL): ₹217
Targets:
Target 1: ₹275
Target 2: ₹299
Target 3: ₹343
Monitor price action and volume for sustained momentum. Adjust stop loss as the trade progresses.
#HUDCO #TechnicalAnalysis #WPattern #200DEMA #SwingTrade #StockMarket #BreakoutTrading #RiskRewardRatio #TradingStrategy
COCHIN SHIPYARD analysisCOCHIN SHIPYARD is forming wave of Zig-zag pattern.
We can see the previous fall has 5 waves within it forming wave of Zig-zag.
According to the rule, wave will go a minimum 23.6% and a maximum of 50%.
Anyone in the buying side in COCHIN SHIPYARD, should exit at these levels, as the price will fall again to form wave of Zig-zag.
Trend changes above 61.8% level.
This analysis is based on Elliott Wave theory and Fibonacci.
This analysis is for educational purposes only.
This not buying recommendations. Please always do your research before you take any trade.
How can we trade NIFTY for coming week? Have a look at this.Nifty has formed a Descending Channel and given a good breakout. People usually have Buy setup after breakout but in this scenario we have a LH on 4hrs Time frame that needs to be broken for any Bullish bias. Nifty is still bearish. For upcoming days , our plan of action would be PATIENCE.
We would like to wait for a good MSS and retracement and then we will plan for any Buy setup. Waiting would be a good option because we are approaching weekend.
If not then, we do have a Bearish setup where we can target the downside Higher time frame liquidity.
Trade safe and responsibly. This is for educational purpose only.
TorrntPharma Intraday 26 NovBullish setup with HH HL and trading above all EMA 13-48 on 5 and 15 min timeframe.
Long on Yesterday high with SL today day low for 1% gains min as target 1 and then trailing with 13 ema.
Only Long above yesterday high break of 5 min. If today low break first trade invalid.
Disclaimer: Only for entertainment purposes, not an investment advice.
Journey of Advanced Divergence TradingCommon types of trading are intraday, positional, swing, long-term trading, scalping, and momentum trading. Trading involves exchanging goods or services. In stock trading, investors buy and sell stocks from companies within regulated markets overseen by Indian regulatory bodies.
Master these skills and then you'll get a genuine shot at being a trading master.
Skills #1 and #2 – Research and Analysis. ...
Skill #3 – Adapting Your Market Analysis to Changing Market Conditions. ...
Skill #4 – Staying in the Game. ...
Skills #5 and #6 – Discipline and Patience. ...
Bonus Skill #7 – Record Keeping. ...
In the End.
Motilal Oswal looks promising. After brief run up #motilaloswal pulled back and now it is setting up again. Forming base on base. Watch for a long opportunity positionally.
This is not a recommendation. Kindly do your due diligence.
🟢Trading above 50 DMA.
🟢Forming a base now
🟢Good Relative Strength.
🟢 Broking-related companies showing strength.
🟢Good ROE, ROCE.
🔴Market is still weak and sell on rise.
Market Cap---₹ 58,690 Cr.
Current Price₹ 990
Stock P/E---17.4
ROCE---20.7 %
ROE---32.6 %
Shakti Pump aiming for a base breakout.#positionalidea #shaktipump:
Looks good positionally if it breaks out of the base. Watch for base/Darvas box breakout for long opportunity.
🟢Trading above 50 DMA
🟢Good Relative Strength
🟢Good ROCE, ROE
🔴Circuit stock. Tends to hit UC/LC.
🔴Volume Needs improvement.
This is just a view and not a recommendation. Trade at your discretion.
➡️Market Cap---₹ 9,757 Cr.
➡️Current Price---₹ 4,870
➡️Stock P/E---29.7
➡️ROCE---31.4 %
➡️ROE---24.2 %
Navinflour stock technical analysis-Navin Fluorine International (NAVINFLUOR) has been on a remarkable journey since December 2019, witnessing a staggering 452% surge from its 900-4950 range over approximately four years. However, the stock has since undergone a 42% correction, finding support at the 0.51 Fibonacci retracement level, currently around 2900.
While this correction may present an opportunity for potential upside, it's crucial to recognize that the broader chemical sector's performance will significantly influence NAVINFLUOR's trajectory. A sustained uptrend in the sector is essential for further growth.
“Strong momentum, potential upside in Wipro”After a long period, we have observed a significant breakout in this stock, showing strong potential for a successful trade. The trading volume has also seen a substantial increase, and the RSI (Relative Strength Index) is above the 60 level, indicating solid momentum. Given these factors, this stock has a high probability of becoming a momentum play.
Our initial target price is ₹620, with a secondary target at ₹730.
The Indian market recently faced a downturn due to the U.S. elections. However, under these conditions, the IT sector has maintained positive momentum, suggesting it may continue to perform well.
BSL LIMITED stock pattern formation on Daily Chart BSL LIMITED stock going in tight consolidation
am expecting a good up side move
company's earning report coming
Company is expected to give good quarter
keep in your watch-list
slow moving stock but have potential promoters holding stable
individual investors & FII's entered in this stock
Disclaimer: This information is for educational purposes only and does not constitute financial advice or a recommendation to buy or sell any securities. Always do your own research and consult with a financial advisor before making investment decisions.
Firstsource Solutions Limited up side breakout on daily chartFirstsource Solutions Limited Result on 28 October watch till result
price near 330 is good for entry in this stock with strict SL
up side move possible
price looking good moving up from 20 ema
going in continution
keep eyes on this stock
Disclaimer: This is Not a Buy or Sell Call
The information provided herein is for informational purposes only and should not be construed as financial advice, a recommendation, or an offer to buy or sell any financial instrument. It is important to conduct your own research and consult with a licensed financial advisor before making any investment decisions. The content provided does not take into account your personal financial situation, risk tolerance, or investment goals. The author or entity providing this information is not responsible for any investment decisions you may make based on this content.
GSPL ANALYSIS-Unveiling a Golden Opportunity: A Debt-Free Gem
Today, we delve into the world of a remarkable company that's not only debt-free but also trading near its Fibonacci Golden Ratio. This intriguing stock has shown remarkable resilience, even amidst market downturns, with minimal selling pressure.
Market Cap: A substantial Rs 21,787 crore
PE Ratio: A modest 13, indicating potential value
Government Backing: A significant boost with a recent increase in stake from 2% to 10%
Why is this stock worth considering?
Financial Strength: Being debt-free provides a strong foundation for future growth and stability.
Technical Analysis: Trading near the Fibonacci Golden Ratio suggests potential upside.
Government Confidence: The government's increased stake signifies trust in the company's long-term prospects.
Resilient Performance: The stock's ability to withstand market volatility is a positive indicator.
Disclaimer:
Please conduct thorough research or consult with a financial advisor before making any investment decisions.
This content is for informational purposes only and does not constitute financial advice.
GRSE: Approaching Breakout from Consolidation with Bullish SetupThe stock has been in a strong upward trend, forming a peak on July 5, 2024, followed by a consolidation phase characterized by a lower low, lower high structure.
Key Observations:
A) Counter Trendline (Green Line):
I’ve drawn a counter-trend line representing the main setup to watch. A potential breakout from this line could signal a strong bullish continuation.
B) Hidden Parallel Channel (Pink Lines):
The stock was previously moving within a hidden parallel channel, with the upper pink line acting as resistance and the lower as support. The stock has now successfully broken above this hidden resistance.
C) Sideways Contraction Pattern (White Lines):
The stock is also in a sideways contraction, which I've marked with white lines, indicating a narrowing price range. This area is crucial for observing price action as the stock attempts to consolidate before its next move.
Current Status:
The stock is attempting to break above the green counter trendline (A), which serves as the primary setup for this trade.
It has already moved out of the hidden resistance (B) but is still trading below the white lines of the sideways contraction pattern (C), so it remains on the watchlist.
Volume remains moderate for now, but I’m waiting for a potential volume spike to confirm the breakout.
This is a key moment to watch for a potential entry if momentum and volume align
Trent - Best Intraday stocks for tomorrow 14 Oct 2024 Trent has outperformed Nifty in past days and there is high probability of continuation of its performance.
So for tomorrow in my opinion it will be best for intraday trading but when to trade?
Condition 1- If price falls or opens gapdown then it will best to buy after support creation.
Condition 2- if opens flat or Little gapdown and moves upside towards previous trading sessions resistance then, price should take a halt at resistance levels then it will be good opportunity to buy at resistance break.
Condition 3- if price opens Gapup and creates a selling swing and test previous trading sessions resistance (which may act as a support) then after creating support or W PATTERN price will bounce