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Supply_and_demand

NATCOPHARM - CUP AND HANDLE FORMATION (BO FROM SUPPLY ZONE)Hi All, This idea is about Natco Pharma Fundamentals Market Cap - 21712 Cr Stock PE - 15 ROE - 25.9% ROCE - 30% Promoter Holding - 49.7 Quick Ratio - 3.42 D/E - 0.06 NATCO Pharma Limited (NATCO) is a vertically integrated, research and development focused pharmaceutical company engaged in developing, manufacturing, and marketing complex products for niche therapeutic areas. Technicals Since May 21, NATCO has formed a complete CUP and HANDLE formation on weekly chart and has now sustained the breakout for over 2 weeks. The earlier supply zone is now acting as demand zone indicating positive price action. This is for mid/long term investors only Hope you enjoy the idea, Happy Trading, Thanks, Stock-n-Shine
NSE:NATCOPHARMLong
by Stock-n-Shine
2
ANTONY WASTE - RISING WEDGE FOLLOWED BY FALLING WEDGE (BO)Hi All, This idea is about Antony Waste Handling Cell Ltd Fundamentals Market Cap - 1419 Cr Stock PE - 16.5 ROE - 16.3 ROCE - 13.9 Promoter Stake - 46.1 Quick Ratio - 1.3 D/E - 0.78 Antony Waste Handling Cell Ltd is engaged in the business of mechanical power sweeping of roads, collection and transportation of waste, waste to energy project and undertake the designing, construction, operation and maintenance of the integrated waste management facility in Kanjurmarg, Mumbai. Technicals Since June 23, the price action followed a rising wedge & then the pattern changed to falling wedge since Feb 24. With the Daily price action it seems to be coming out of falling wedge formation & developing a new pattern Immediate targets are marked as T1 and T2. Would suggest the price to rise atleast 3% post closing to confirm the continuation. Happy Trading, Thanks, Stock-n-Shine
NSE:AWHCLLong
by Stock-n-Shine
RKEC - DOUBLE BOTTOM FORMATION WITH A BREAKOUTHi All, THis idea is about RKEC Projects Ltd Fundamentals Mkt Cap - 308 Cr Stock PE - 15 ROE - 12.5% ROCE - 15.5% Mkt Cap/Sale < 1 D/E - 0.83 Quick Ratio - 1.09 RKEC Projects Ltd is in the business of Civil and Defence Construction Technical Analysis As the chart depicts, the price went for a double bottom formation and give a contraction of more than 70% while forming both bottoms. It has given a successful breakout and first resistance has been marked. This trade can continue till next results as it could give a surprise being in a sector which is having strong tail winds. Happy Trading, Thanks, Stock-n-Shine
NSE:RKECLong
by Stock-n-Shine
2
SUNTECK - EXCELLENT SETUP (MULTIYEAR BREAKOUT)Price Action has gone through multiple contractions since 2019 and is now poised to breakout of a major supply zone. Though Price action has broken the barrier, will still wait for a day to confirm a true breakout First contraction was close to 72%, followed by 50% during 2023 & finally reduced to 28% before giving a breakout. Squeeze kept getting tighter for each consecutive contraction which is a very positive sign. Even Volume support seems to be present along with Sectoral Tailwinds behind Real Estate
NSE:SUNTECKLong
by Stock-n-Shine
8
WELCORP - CLEAN BREAKOUT OUT OF DARVAS BOXHi All, This idea is about Welspun Corp Ltd FUNDAMENTALS Mkt Cap - 17161 Cr Mkt Cap/Sales - 0.99 P/E - 15.5 P/BV - 3 FCF - 1022 Cr D/E - 0.35 Promoter increase thr stake by 0.18% ROE - 21% ROCE - 21.6% Technicals Price has been consolidating within a range of 25% and has now given a decisive breakout above the supply zone. There was a mid resistance as well which was broken with good volumes Hope you have a profitable trade, Thanks, Stock-n-Shine
NSE:WELCORPLong
by Stock-n-Shine
4
ROTO - RISING WEDGE BREAKOUT (POTENTIAL FOR UPSIDE)Hi All, This is about Roto Pumps Fundamentals: Market Cap - 1680 Cr Stock PE - 42.9 EPS - 12.5 ROCE - 24.4% ROE - 22% Promoter Holding - 67.3% Quick Ratio - 1.35 D/E - 0.27 Technicals: Strong chart since Nov 22. Price action was moving in the pattern of rising wedge but recently given a strong breakout on good volumes which can take the price to higher levels very soon Demand seems to be exceeding supply & should witness less profit booking taking the stock price sharply towards north side Hope you enjoy this idea, Happy Trading, Thanks, Stock-n-Shine
NSE:ROTOLong
by Stock-n-Shine
GODREJAGRO - 7 YEAR BREAKOUT (MADE GOLDEN CROSSOVER)Hi All, This idea is about Godrej Agrovet Ltd Fundamentals Mkt Cap - 15600 Cr Sales - 9561 Cr Mktcap/Sales - 1.63 PE - 43 ROE - 15% ROCE - 13.6% Promoter Holding Increased Technicals On the weekly chart, golden crossover is observed where 50 SMA is crossing over 200 SMA which is a positive sign. Price action has broken the resistance zone marked convincingly with healthy volume Observe how moving averages align & expand sequentially eliminating any high volatility in stock. Hope you enjoy this trade, Happy Trading, Thanks, Stock-n-Shine
NSE:GODREJAGROLong
by Stock-n-Shine
AISL - SME STOCK LONG BREAKOUT (SALES > MKTCAP) Hi All, This idea is about ANI Integrated Services Ltd Fundamentals Mkt Cap - 134 Cr Sales - 188 Cr Mkt Cap /Sales - 0.72 EPS - 5.84 ROE - 11.4% ROCE - 13.7% D/E - 0.46 Sales has exceeded Mkt Cap which could mean Stock Price can rise exponentially Technicals Price has broken a long resistance of 75-80 levels and then broken next resistance zone as well. It has diverged a lot from Moving Averages so recommend buy at pull back There has been a consistent uptrend in Sales which is a very positive sign Happy Trading, Thanks, Stock-n-Shine
NSE:AISLLong
by Stock-n-Shine
JTEKTINDIA - RARE CHART WITH 6 CONTRACTIONS & BREAKOUTHi All, This idea is about JTEKT India Ltd Fundamentals Market Cap - 5661 Cr Stock PE - 55 ROE - 13.6% ROCE - 17.3% Promoter Holding - 75% MktCap/Sales - 2.5 Quick Ratio - 1.12 D/E - 0.14 Technicals Rarely it is observed that a stock goes through 6 contractions before going for a breakout from a rising wedge channel. This is a weekly chart & only meant for long term investors. Each contraction is marked by how much percentage the stock corrected before making a top again. Over 5 years the stock has made multiple High tops and high lows and now attempting to move out of the channel This chart can be used for education purpose also to understand the dynamics of supply and demand Happy Trading, Thanks, Stock-n-Shine
NSE:JTEKTINDIALong
by Stock-n-Shine
1
BUTTERFLY - PRICE REVERSAL POST CORRECTION OF 64%Hi All, This idea is about Butterfly Gandhimathi Appliances Ltd CAUTION: Please keep in mind that FY24 was not at all good for this company and this idea is purely based on technical analysis Weak Fundamentals Market Cap - 1500 Cr Stock PE - 184 ROE - 2.8% ROCE - 5% Promoter Holding - 75% D/E - 0.01 Technicals Post correction of 64%, price has reached a point where horizontal & rising support meet and price action is showing signs of reversal This is a weekly chart & therefore time is required in order to reach different targets marked on the chart namely T1, T2, T3 Happy Trading, Stock-n-Shine
NSE:BUTTERFLYLong
by Stock-n-Shine
7
EMUDHRA - BASE ON BASE FORMATION WITH BREAKOUTHi All, This idea is about EMUDHRA Fundamentals Market Cap - 7438 Cr Stock PE - 98.7 ROE - 14.4% ROCE - 17.7% Promoter Buying - 54.4 Quick Ratio - 5.71 D/E - 0.01 Emudhra is a licensed certifying authority involved in issuing digital signature certificates in India under its eMudhra brand. The company is licensed by the Controller of Certifying Authorities (CCA), Ministry of Information Technology, and operates under the guidelines set by the Information technology Act Technicals After forming 2 bases, the price action is poised for stage 3 advance before forming next base. All the stages are shown in chart for clarification Hope you'll enjoy this idea, Happy Trading, Thanks, Stock-n-Shine
NSE:EMUDHRALong
by Stock-n-Shine
HUHTAMAKI - 10 YEAR CLEAN BREAKOUT (WEEKLY CHART)Hi All, This is about Huhtamaki India Ltd Fundamentals: Market Cap - 2959 Cr Stock PE - 27 ROCE - 12.5% ROE - 13% Promoter Holding - 67% EPS - 53 PEG - 0.83 Quick Ratio - 1.56 Debt to Equity - 0.22 Technicals: 10 year breakout on weekly chart with good volume support. Expanding moving averages after a tight consolidation Should wait for today's closing before taking the trade Hope you will enjoy the trade, Happy Trading! Thanks, Stock-n-Shine
NSE:HUHTAMAKILong
by Stock-n-Shine
JAYAGROGN - INVERSE HEAD AND SHOULDER PATTERN WITH STRONG VOL BOHi All, This idea is related to Jayant Agro Organics Ltd Fundamentals: The Company is mainly engaged in manufacturing and trading of castor oil and its derivatives such as oleo chemicals. Market Cap - 962 Cr Stock P/E - 18 Book Value - 181 Promoter Holding - 67% EPS - 17.6 Debt to Equity - 0.29 ROE - 10% ROCE - 12.2% Dividend Payout - 23% Technicals: This counter has shown all important characteristics of a perfect Inverse Head and Shoulder Pattern. Left Shoulder is deeper than right whereas the head is deepest. Volume price also concurs to the pattern that with every rise volume was low whereas each decline, the volume associated was high Most importantly, during neckline breakout, the relative volume was very high which is the most important aspect to avoid false breakouts. The stock price has advanced more than 3% from the neckline, cementing the continuation of the breakout This is a weekly chart, so before taking the trade it is advisable to let price action be pulled back to nearest Moving average & then take a trade If you like my analysis please comment and let me know your thoughts, Happy Trading! Thanks, Stock-n-Shine
NSE:JAYAGROGNLong
by Stock-n-Shine
ELIN - SIMPLE SETUP, GREAT POTENTIAL (GOLDEN CROSSOVER)Hi All, This idea is about ELIN ELECTRONICS (EMS Sector) Fundamentals: Market Cap - 1033 Cr Total Sales - 1042 Cr Stock P/E - 74 Healthy quick ratio - 2 Low ROCE - 5.12% Increase in promoter holding by 0.42% but still promoter holding low at 33 Technicals : Price has just broken out of consolidation since Feb 23 near to its listing with expansion in moving averages and golden cross over on daily chart. Price has crossed Point of Control in VRVP indicator (Volume Profile) supported by surge in volume. Great Sectoral tailwinds behind EMS sector as a whole Hope you'll enjoy the trade, Happy Trading, Thanks, Stock-n-Shine
NSE:ELINLong
by Stock-n-Shine
RELIGARE - MONTHLY CHART (INTERESTING PATTERN - NO TRADE YET)This chart is extremely interesting to study Look at the pattern During first contraction, there was a huge supply which took the price to abyss levels of 17 from levels of 280. The contraction measured 91% as per the scale Second contraction supply got limited to only 50% retracement & in the third it was only 28% This shows diminishing supply pattern. Price action give a successful breakout but went into consolidation. The least line of resistance is 285 & it should be kept on radar
NSE:RELIGARE
by Stock-n-Shine
GEOJITFSL - EXCELLENT SETUP FOR LONG TERM INVESTORSThe pattern is based om Monthly TimeFrame so it is meant only for long term Investors Made a high on Jan 08 of 131 and then went under a major contraction of 10 Years when it again made a high of 147 in Oct 17. That was the formation of first contraction. Similarly it went for another contraction of 4 yrs & then eventually of 3 years. It can give a big upside if it is able to break 147 and pass 150 levels Another possibility is it can go for another contraction but what makes the present contraction more promising is the spurt in Volume which might take the price action cross the major barrier So its a case of Wait and Watch
NSE:GEOJITFSL
by Stock-n-Shine
EQUITAS SMALL FIN BANK - Picture perfect 'W' setup w/ 40% upsideOverview & Observation: 1. Double-bottom formations. 2. Moving with W Demand. 3. EMAs support taken confirming the up trend momentum. 4. RRR is favourable Trade Plan: 1. Entry = Marked blue line 2. SL = 6-7% Marked red line 3. TP = 40% Marked green line - Stay tuned for further insights, updates and trade safely! - If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading! Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing. Thanks & Regards, Anubrata Ray
NSE:EQUITASBNKLong
by SuperNova396