RKFORGE - CLEAN BREAKOUT WITH VERY CLOSE 50/200 SMAA very positive breakout where all the moving averages converge & then expand.
1 Yr Breakout with strong sectoral tailwinds as all forging stocks doing well
Strong upsurge in Volume indicates sustained price action upside from the present levels
Supply and demand zones clearly marked in the chart with no extra indicators to cause any confusion.
Supply_and_demand
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
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
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
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
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
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
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
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
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
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
ASAHIINDIA - PERFECT VCP FORMATION (3T FOOTPRINT)Price Action has formed 3 contractions and getting tighter after each successive contraction as marked by the percentage.
Once the price breaks the supply zone barrier it might give a good return
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
USOIL ORDER BLOCK | SHORT TRADEUSOIL ORDER BLOCK | SHORT TRADE
Hi Traders,
This is Usoil 1hr Order block tarde we can see selling from
this level..
At this level we can see some Liquidty pool.
Here we can take trade with 5 min CHoCH.
5 min CHoCH is best to take Short Trade
Note - Only for education Purpose
Follow for Daily Forex Update
LIC Hosuing Fin testing weak resistance LICHSGFIN ready to break many time tested resistance which make it more prone for BO(breakout).
And sister stocks(by Jesse Livermore, stocks from same sector) : HUDCO n PNB Housing already gave good moves. And right now sister stocks are moving together: railway stocks, defense, infra.
-Clearly Green Vol > Red Vol
-Good Shakeout: when major ema undercut and rally (MAU&R) here 50 ema.
-Signal Candle: when stock move significantly with great vol, signifies buyers are in action
IRCTC Long Trade OpportunityIRCTC stock is in a strong Uptrend & forming new highs.
There is a Rally-Base-Rally Demand Zone formation around 1045.
If the stock retraces to the demand zone , it will offer a good opportunity to go long and join the uptrend.
Stop Loss to be placed slightly below the demand zone, preferably on a candle closing basis.
First target will be the immediate swing high , where one can book partial profits & trail the rest for bigger gains.
Usoil Order Block | SWING TRADEUSOIL SWING TRADE
Usoil 1hr Order Block This Order block is vimp because its
1 hr POI.
At this level we can see some Liquidty pool.
Here we can take trade with 5 min CHoCH.
Follow for Daily Forex Update
Note - Only for education purpose.
NZDUSD ORDER BLOCK | 1 HR POINZDUSD ORDER BLOCK | 1 HR POI
Hi traders..,
This is Nzdusd 1hr POI Liqudity taken now
we will see selling from 0.60170 level this best selling setup.
5 min choch best to take trade..
Note - Only for education purpose
CENTRALBANK | TRIANGLE BREAKOUT | SWING TRADECENTRALBANK | TRIANGLE BREAKOUT | SWING TRADE
Hi Trader,
This Central bank Triangle pattern Breakout.
This Pattern Give best risk reward ration.
My Target is 77.
Note - Only for education purpose
USDCAD 1hr Bearish Order Block | 1:10 Trade Almost Hi Traders
This Usdcad 1hr Bearish Order Block at this level we can see some Liquidity
Then Cad goes down. This is best trade because it's 1:10 trade.
Note - only for education Purpose..💯
Give like share and follow
USDJPY ORDER BLOCK | BUYING TRADEHi traders,
This USDJPY 4 hr Order block.
According to smc concept we can see Buying from this level.
if you see 15 min CHoCH is best for entry.
Note - Only for education purpose
If you like my anaylsis then you should like and follow me.
EURUSD Order Block |SWING TRADE EURUSD SWING TRADE
EURUSD Order Block This Order block is vimp because its
1DAY Demand Zone.
At this level we can see some Liquidty pool.
Here we can take trade with 15 min CHoCH.
Follow for Daily Forex Update
Note - Only for education purpose.
GBPUSD Order Block | SWING TRADEGBPUSD 4 hr Order Block | SWING TRADE
Hi traders,
This GBPUSD 4 hr Order block.
According to smc concept we can see Buying from this level.
Best time to take this trade after 15 CHoCH.
Note - Only for education purpose
If you like my anaylsis then you should like and follow me.
