GSFC | Trendline + Resistance BO | Double Bottom For Education Purpose only!!!!
✅GSFC is a key player in fertilizers and industrial chemicals, but recent financials suggest challenges in growth and efficiency. Suitable for risk-averse investors seeking dividends, but requires deeper analysis for growth prospects.
⭕️ Swing Trading opportunity: Price Action Analysis Alert !!!⭕️
⚠️Buy on most timeframes, with positive indicators supporting upward movement
⚡️Strong "buy" signal from exponential and simple moving averages over medium and long durations
🎯Stock is in an uptrend with bullish signals from longer-term moving averages (50-day and 200-day moving averages)
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💡✍️Technical Analysis:-
✅Trendline BO
✅Resistance BO
✅Range BO
✅Strong Demand Zone
🙋♀️🙋♂️If you have any questions about this stock, feel free to reach out to me.
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✍️COMMENT Below your view !
Swingstock
"Unlocking BCL Industries' Potential"✅The Volatility Contraction Pattern (VCP) is a price pattern that indicates a potential breakout.
✅How it works:- A stock's price volatility contracts before a significant price movement, which can result in explosive upward momentum.
📍An order block zone is a price range where large institutions have placed significant buy or sell orders, creating strong support or resistance. It help traders identify where the "smart money" (institutional money) has previously influenced the market,
1️⃣Overall structure-
▶️BCL Industries achieved a 54% increase in earnings and a 50% rise in revenue year-over-year
▶️stock has declined by 15.76% in 2024. Short-term targets estimate a slight rebound to ₹56.30 - ₹57.69 by year-end
▶️The company has significant debt of ₹377 crore with limited cash reserves of ₹18 crore, indicating potential liquidity risks
▶️Targets for 2025 project a potential increase to ₹112, with further growth
📊📈📉Current News-
🗞BCL Industries and Svaksha Distillery received ₹567 crore in ethanol orders for the 2023-24 supply year, delivering nearly 83,000 KL to Indian Oil, Bharat Petroleum, and Hindustan Petroleum
🗞For 2024-25, BCL's ethanol supply quota rose 17% to 18.25 crore liters, expected to boost revenue further
🗞Shares recently surged 5%, reaching a 52-week high, driven by the new contracts and increased allocations
2️⃣Technical Analysis-
📍 Key support at ₹45.85; strong resistance at ₹86.30
📍Indicate a "sell" signal, suggesting near-term bearish momentum
📍Optimistic long-term target of ₹82-₹84,
3️⃣Fundamental Analysis-
✅Operates in edible oils, distilleries (ethanol focus), and real estate.
✅Revenue of ₹2,662 cr; net profit of ₹104 cr
✅₹476 crore, with cash reserves at ₹18.41 cr
✅ Trading at a P/E of 15.9x, below sector average
✅ Ethanol production aligns with government policies, supporting long-term growth.
🙋♂️Recommendation:
🙏Long-term: Good potential for investment due to growth prospects.
🙏Short-term: Caution advised; monitor technical indicators and market trends closely
✅Check out my TradingView profile to see how we analyze charts and execute trades.
🙋♀️🙋♂️If you have any questions about this stock, feel free to reach out to me.
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INOXGREEN Analysis Buy mode ON Incorporated in 2012, Inox Green Energy Services Limited is one of the major wind power operation and maintenance ("O&M") service providers within India. The company is a subsidiary of Inox Wind Limited ("IWL") and part of the Inox GFL group of companies.
INOXGREEN has broken out to the upside. I am expecting it to go higher.
All important levels are marked on the chart.
Reasons:
RSI > 60, crossing 60 to the upside, entering the bullish zone. (Bullish)
Price > EMAs show the market has good bullish strength. (Bullish)
VWAP ~ Price shows good volume balanced price, ready to move to the upside. (Bullish)
Stock has a broken symmetrical triangle to the upside, which is a neutral pattern. Now, as it has broken to the upside, there is a high probability of moving it to the upside.
Verdict : Bullish
Plan of action :
Buy: 146.50
Stoploss: 134
Target: 187.50
HINDWARE HME INNOVATION||20-12-2022||SWING AND SHORT TERMI AM NOT SEBI registered advisor please consult financial advisor for your investment.
This is only for educational purpose you can also share your thoughts on the comments
\\Representation:
**Green dashed line--Supportive line
**Red dashed line--Resistance line
**Red dotted line--hidden resistance line
**Black up and down arrow--touches of support line
**cmp:415.
In this chart, The Resistance Line was breached with very good candle.
keep following We will grow like healthy society.
SIEMENS INDIA||09-12-2022||SWING AND SHORT TERMI AM NOT SEBI registered advisor please consult financial advisor for your investment.
This is only for educational purpose you can also share your thoughts on the comments
\\Representation:
**Green dashed line--Supportive line
**Red dashed line--Resistance line
**Black up and down arrow--touches of support line
**cmp:2980
In this chart, I can see good DOUBLE BOTTOM pattern
The Resistance Line was breached with very good candle
keep following We will grow like healthy society.
GUJARAT GAS||08-12-2022||SWING AND SHORT TERMI AM NOT SEBI registered advisor please consult financial advisor for your investment.
This is only for educational purpose you can also share your thoughts on the comments
\\Representation:
**Green dashed line--Supportive line
**Red dashed line--Resistance line
**Black up and down arrow--touches of resistance and support line
In this chart, I can see good supportive trendline and whenever it hits the line it showing some bullish pattern candle and rises.
The Resistance Line was breached with very good candle
keep following We will grow like healthy society.
ANDHRAPAPER || 05/12/2022 || UPSIDE POTENTIAL 10% || CMP 429** I AM NOT SEBI registered advisor please consult financial advisor for your investment**
**This is only for educational purpose you can also share your thoughts in the comment section.
** TRADE REASON : TOOK SUPPORT FROM DEMAND ZONE **
**CMP:430 LOOKING UPSIDE UPTO 10% **
** In this chart, I can see good demand zone and whenever it hits the line it showing some bullish pattern candle and rises.
** The hidden Resistance Line will be first target**
** But the volume of candle looks not too good can trade with minimum quantity**
**Trade will taken only if the closing above 430 with good candle at 3:15 PM **
**Trade idea by keeping STOPLOSS at 400 and TARGET 1 as 480 which will near hidden resistance line**
**you can also MINDACORP technical analysis by clicking the below link
keep following We will grow like healthy society.**