VPRPLVPRPL formed strong support near 288-90. Seems too promising for its new ride. Keep it on radar.
Strongbuy
Easy 20% return with Piccadily Agro IndustriesBSE:PICCADIL looks perfectly poised to give a solid 20% return to investors with a short term horizon.
Technicals: When we see the candlestick chart on a daily basis, it is trading at 750 which lies in between its nearest support at 700 and nearest resistance of 780. The MACD indicator points in the direction of an uprise with a healthy positive value.
Fundamentals: BSE:PICCADIL is a very fundamentally strong stock. It has high ROCE and ROE of 29.6% and 30.6% respectively. BSE:PICCADIL QoQ sales have increased by 62% and QoQ profits have increased by 121%. This shows it has got healthy growth going forward. Also its revenue mix is starting to be dominated by the distillery segment over its sugar segment. This showcases BSE:PICCADIL has diversified in the right direction, in turn unlocking more value for its shareholders.
Trade Setup: Buy BSE:PICCADIL when it hits 780, place a stop loss at 720 and a sell order at 960.
VISHNU - Breakout after 2+ YearsVISHNU - Breakout in weekly timeframe after 2+ years. The company has broken out of a range and sustaining the breakout level the last few weeks.
Additionally, the company has strong fundamentals with a low PE when compared to the industry. The FIIs have also increased their position in the company. Overall, there is a good upside potential in the company in the coming weeks, months.
GRANULES INDIA - Downtrend BreakoutGRANULES INDIA
1) Time Frame - Monthly.
2) Previous month candle strong breakout follwoed by current month cancle close with strong rejection / Retracement of the previous breakout & looking bullish.
3) Downtrend strong triangle pattern breakout.
4) Next target would be Previous All Time High - 437.95 followed by the primary trend target / resistance at around 192 in the long term.
5) Recommendation - Strong Buy
Trident 37.75 - Profit Making opportunity (30% to 50%) or moretrident has been consolidating for while and it was in sideway trend.
by looking at volumes and deliverable quantities stock is expected to move upside.
it shows buyer's are interested to buy this stock and its shows strong buy signal.
1. if stock breaks 42 we might see it move up to Rs 51
2. Best buy around 37 to 38 stoploss 35.50
Bajaj AutoImportant points ploted in the chart.
*Investments in security market are subjected to market risk do own research before investing.
Karur Vysya BankMajor Points are marked in the chart. BUY: 210
*Do own research before investing in Equity market.
Hindustan Aeronautics Limited (HAL)All major points are marked in Chart.
Strong stock for accumulating in the Support. Get good return in long term.
*Do own research before investing in Equity markets.
FILATEX waiting for good breakoutBullish view
above 64 close 1 day
Target : 76.80
SL : 57
Risk is yours and Reward is too yours totally
Piramal Enterprises- Breakout Possible 📈 Needs to close above 1114 and stay there for the next stage of accumulation to begin. All levels given on the chart. Follow a strict Stop Loss at 953 or 10% below purchase price for higher safety. 🧿This one has legs....Buyback at 1250 complete by Mr. Piramal. Next up on a fundamental basis would be increasing retail footprint or sale of more ancillary biz to focus on the retail NBFC opportunity. India needs 10 more co's the size of Bajaj Finance to get to where it's going. PEL will be one of them IMO. Long term wealth creator...🥂
ELECTROSTEEL CASTINGS LTD@ELECTROSTEEL CASTING LTD Price Breakout after long time(2008) with volume on weekly chart
Technical
RSI-Above 50
RS- Positive
Super Trend-Positive
Fundamental
Revenue-Good(Qtrly Basis)
EBITDA Margin- 10% to 15%
GP Margin-30% to 40%
PE-16(Below Sector PE 28)
D/E- 0.6( below 1)
Interest coverage ratio-2.45 time of Ebit
Strategy-Buy on Dip
Stop Loss- 2008 High(101 near about) or Super trend(weekly Basis)
Disclaimer-this analysis only for education purpose.
Not recommendation any sell or buy
ICICIGI Strong BuyICICIGI is a strong contender.
after making Higher high, Stock is consolidating. supported by Divergence at this levels shows Signs of Trend Continuation.
Kindly maintain Stoploss and Execute your Trades.
ABCAPITAL ABCAPITAL
# AB capital reported strong quarterly Report on Jan 5,2024.
# Banks net Income increased 12% year-over-year.
#Company Announced a New Partnership with Leading Fintech company to enhance its digital Banking services.
#Company Announced the Acquisition of a Small region Bank in South East Asia, which is Boost International Operations.
# Technically the stock breaks the previous Trendline level of 180 range with huge volume . If it sustains above 193 level then we can see the sharp rise on price momentum upto 217,260,321 +++ on very short term.
keep watchlist 👍👍
17 years #BreakoutStock#xchanging 17years breakout stock.
I do analysis based on candle closing basis.
Strong breakout will happen, long consolidation and breakout.
Target 1:160
Target 2: 195
Grand Tgt: 220
Stock is good to hold for Short to Long term Investment.
Still Maintain Risk-reward or Money management.
#JSW ENERGY SHORTTERM BULLISH#JswEnergy moving strongly by making proper structure, Moving up without making much noise. Strong monthly breakout and Holding.
Good to hold for Swing to Shortterm trades.
Do ur own analysis with proper Stoploss
INDOAMIN / INDO AMINES LTD - 7 months Consolidation BreakoutINDOAMIN / INDO AMINES LTD - 7 months Consolidation Breakout.
1) Time Frame - Weekly.
2) 7 months of consolidation broken in Daily Time frame With Huge Volume.
3) Stock will find a resistance around the price 176.40 (Previous All Time High).
4) Recommendation - Quite risky to enter with daily time frame but still it is a Good buy / one can buy after the weekly candle's close as same as today in Daily Time Frame.
NTPC to take long EntryLong NTPC above 319 for the next move of Rs 350-360 with SL of 297. The stock is in strong bullish mode & a high probability that the stock will break out of the strong resistance area. Accumulation near the resistance area is a high probability. sup [port of 50 EMA is another bullish sign along with RSI level above 60 on the weekly & monthly chart. This is for your educational purpose only.
Inverted Head and Shoulder Zeel Weekly chart PatternInverted Head and Shoulder pattern in weekly chart.
Mid Term Bullish.
Neckline 296.70 Breakout done, close of this week waiting.
Zeel
CMP 289.05
Target : 411
SL : 236.
Risk is yours and Reward is too yours totally.
This idea is for educational purpose only
NRBBEARING - All Time High / BreakoutNRBBEARING
1) Time Frame - Monthly.
2) Primary Trend strong breakout & All time high.
3) Expect 17.5% ROI in upcoming days.
4) Recommendation - Strong Buy
CEAT Ltd - Monthly breakout and retestCeat Ltd. - Monthly breakout and retest, huge upside potential as the stock is undervalued and has impressive fundamentals. It looks very good technically with great price action.
#ABFRL STRONG BUYABFRL Scalling up. After making Higher High, after Forming a Base made a Trend Continuation Pattern.
Trend and Targets are Intact.
Maintain your proper Sl
#Techm #Buy 1 Long year #Accumulation#BuyTechm #Techm
1 year of Consolidation was broken, #trend established, #retestdone. Stock will move higher.
#targets on chart.
ITI bullish breakout monthly chart resistance trendlineBullish View
SL : 116.80
Target : 161.25, 199.6+++
Risk is yours and Reward is too yours totally
