ICIL | Consolidating channel breakout | Short Swing TradeICIL | Consolidating channel breakout | Short Swing Trade
Chart Analysis
1) Consolidating channel breakout
2) wedge pattern formation
3) EMA - 50 support and good volume sign
Stock will try to catch up the momentum and reach the previous highest point which is about 10% growth in next week or two.
Disclaimer: this is for eductional purpose and not investment idea
Swingtrading
HMT is it going to be a Multiyear Breakout HMT Ltd The company is engaged in the manufacturing of Food Processing Machineries etc.
After 14 Yrs of Consolidation, at breakout level. Only concern is lower circuit and upper circuit.
Cmp 93.18.
The company has shown a poor profit growth of -69.48% for the Past 3 years.
Company has a poor ROE of 6.14% over the past 3 years.
Company has a poor ROCE of 3.47% over the past 3 years
Other Income was 2735 Mar 2024 which bring Net profit in profit.
This information is NOT a recommendation to buy or sell
Standing on a Multi-Year Break out & Double Bottom Chart PatternStanding on a Multi-Year Break out & Double Bottom Chart Pattern is also Seen. Volumes is Also Health and Building Up. if it Does Break Through this Resistance then We Might See a Strong Uptrend in Jubilant. Wait for the Break out and a Pullback After the Breakout.
Polyplex - Classic double bottom chart patternClassic double bottom chart pattern formed in Polyplex.
Price has corrected from top and after 2 years forming a bullish reversal chart pattern called double bottom. Double bottom is a bullish reversal pattern is forming after a strong downtrend.
Price is printing lower top and lower bottom and finally price has settled at 760.
Twice touch bottom at 760 formed a support and finally breakout of price swing high 960 confirm the double bottom chart pattern.
Target would 1150..
CHOLAFIN | SUPPORT RESISTANCE BREAKOUT | SWING TRADECHOLAFIN | SUPPORT RESISTANCE BREAKOUT | SWING TRADE
Stock keeps on jumping from last resistance to a new higher high and consolidates for somtime.
After sometime again stock jumps to next leavel and consolidates.
Now stock started to take support from the resistance band and moving upward and looks like to go around 7% solid this time
Disclaimer: For educational purpose only and not investment idea
CYIENT | Ascending Triangle Breakout | Swing TradeCYIENT | Ascending Triangle Breakout | Swing Trade
Chart Analysis
1) Stock taking good support more than 3 times at bottom of triangle and good resistance touching more than 4 times on top of triangle
2) Good volume breakout at the end point of ascending triangle
3) Good EMA 20 support as well at the breakout point
Disclaimer: Only for educational purpose and not an investment idea
RUPA - DARVAS BOX BREAKOUT DAILY CHARTThe stock has formed DARVAS BOX pattern
on the DAILY chart.
One can enter above 342 with a strict Stoploss of 320
Target 1 - 360
Target 2 - 380
Target 3 - 400
#SWING TRADE
What is your view please comment it down and also boost the idea this help to motivate us. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
PVR - Positional Long SetupCMP 1349.30
The stock is showing reversal signs in the last few sessions. The logics are indicated on the charts.
MACD is also showing reversal signs even on weekly charts.
Above all, the risk-reward is pretty good at this point.
If gains momentum over 1350, targets may be 1460/1550/1640.
If sustains below 1300, that will show weakness on the charts. One has to plan an exit according to risk management.
Only for learning and sharing purposes, not a piece of trading advice in any form.
All the best.
CHFMXN - TRADE ON SHORT SIDE FOR HUGE PROFITSymbol - CHFMXN
CHFMXN is currently trading at 22.37
I'm seeing a trading opportunity on sell side.
Shorting CHFMXN pair at CMP 22.37
I will be adding more if 22.48 comes & will hold with SL of 22.71
Targets I'm expecting are 21.30 - 20.90
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
JUBLPHARMA JUBLPHARMA
The recent monthly candle is a strong bullish candle, showing a significant upward move. This adds confidence to the breakout.
The stock has recently broken above a strong horizontal resistance level (around ₹900-₹915), which was tested multiple times in the past. This breakout is a bullish signal.
A dotted trendline on the chart indicates a bullish trend. The breakout above the resistance is accompanied by this upward trendline, further confirming the bullish momentum
volume:-
There seems to be an increase in trading volume during the breakout, which is a positive sign. It indicates that the breakout is supported by strong buying interest.
Earnings Growth:
Analyze the company’s earnings growth over the past few years. Consistent earnings growth can support long-term price appreciation.
Evaluate the company’s debt-to-equity ratio. Lower debt levels or effective debt management strategies are favorable for long-term investments.Assess the pharmaceutical sector’s outlook. If the sector is expected to grow due to favorable market conditions or innovations, it could be a good sign for long-term investors.
Compare the stock’s current valuation metrics (like P/E ratio, P/B ratio) with its historical averages and industry peers. If the stock is undervalued, it may offer a good entry point.
Long-Term Investing:
If the fundamentals align with your investment criteria, the stock may offer a good long-term opportunity, particularly if the company continues to grow and the sector remains favorable.
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signal by our scanner dt:-19/08/2024
Short Term Swing Trading Idea in HPL Electric for > 20% UpsideHi,
NSE:HPL has given a Bullish Flag Breakout on Daily charts with very good volume.
MACD is also on the bullish side on Daily and Monthly time frames. RSI is also on the bullish side on daily, weekly and monthly time frames.
In the current market scenario, I am expecting that the bullish momentum will continue.
Complete price projection like entry, stop loss and targets mentioned on the charts for educational purpose.
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Please share your feedback or any queries on the study.
Disclaimer: Please consult your financial advisor before making any investment decision.
TECHM - CUP AND HANDLE PATTERN DAILY CHART The stock has formed CUP & HANDLE pattern
on the DAILY chart.
One can enter above 1589 with a strict
Stoploss of 1531
Target 1 - 1629
Target 2 - 1670
Target 3 - 1700
Target 4 - 2150
#SWINGTRADE
#FUNDAMENTALLY STRONG STOCK
What is your view please comment it down and also boost the idea this help to motivate us. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
CNCRD - Ready for next swing?CNCRD - Concord Control Systems
I see that CNCRD is ready for it's next swing with an upside potential of approximately 50%
The company has excellent fundamentals and has strong clientele, both fundamentals and technical of this stock looks very good and will be a good swing trading opportunity.
NESTLEIND looks good for swing tradeAs shown in the chart, the price was previously coming down every time it was touching its resistance line. But recently, it has broken its resistance and took support on the same resistance line and formed an inverted head-and-shoulders pattern, which is a bullish-reversal signal. So, these all are suggesting that NESTLEIND is ready for the next bullish move.















