Newgen Software Tech, ready to move?Back to back Inverted Head n Shoulder (IHnS) continuous pattern
-Vol kicked in, now drying (good sign: accumulation happening, sellers exhausting)
-Good shakeout and recover very fast
Strongstock
Mazdock, setting up again with other defence stocks. -Posted great results. Whole defence sector strong.
-Breakout from long base.
-After 4th July (Election result day) volatility bloodbath, recovered fast n filled that big red candle.
-Tightness
- Lots of white dots (5% move with 1M volume) suggests big institutions are behind the stocks, retailers cant create that much volume.
-Downtrendline tested 3 times.
Strides Pharma, Star setup about to breakoutOne Simple Horizontal Line Setup
-Posted great growth results, everything is improving.
-Pharma sector seems strong as it is also near breakout zone.
-That red wick on election results day seems so good, fell with market but cop up fast and took support at 200 ema n come back in good zone again and,
Good shakeout of 100 ema too.
-Yesterday gave squat too (went above horizontal line and close below, taking out weak players)
Overall good setup and a strong stock, buying above previous day high (pdh)
Note: no buy/sell recommendations at all.
KPIT Technologies Limited KPITTECH:- Cup and handle pattern has formed, don't plan until proper breakout is found, keep an eye till strong stock is there
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
Analysis of Sat Industries LtdNSE:SATINDLTD
SAT is engage in many business manufacturing, education, leasing, finance, investments, domestic trading, import & export.
Fundamental Analysis
Leading exporters of FIBCs, PP Bags, fabrics and Box bags with exports spread across 28 countries , including USA, Italy, France, Portugal, Greece and UAE.
Company's 3 YEARS OR 5 YEARS Sales 15.4% OR 28.3% ,
Debt/Equity Ratio -0.4% ,
Debt/EBITDA - 1.5% ,
Interest coverage ratio - 7.4 Time ,
Inventory days & Receivable days are higher than 5 year's back.
From 2018 ROCE is getting better ~ 22%
From 2018 ROE is getting better ~ 18%
Technical Analysis
On the charts the stock breakout strongly Rectangle pattern. With good volumes. Now making you all time highs.
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Stock Analysis of Range Breakout StockStock Analysis of the stock for swing trader as well as positional trader. This stock can give better move than Nifty. Gujarat Fluorochem Ltd.
Orient bell Breakout in bear market The reason i select this stock, coz 99% stocks are falling, very rarely any stock moving up. and this stock given breakout that's why it grabbed my attention. i explained everything in this video if you have still confusion, pls comment.
