P/E: 17
ROCE: 14.2%
Company has delivered good profit growth of 44.7% CAGR over last 5 years.
Net Profit worth Rs. 1,390-/ Cr in Sep 2023
Given Strong Breakout on Daily Time frame with Head & Shoulder Contribution Pattern. Strong Volume Buildup.
Entry: 728
Target: 765, 835 ++
Stop Loss: 675 DCB
Dip Level buying was: 662 with Targets: 741, 821, 901, 981. 581 DCB...
sunpharma running in a parallel upward channel range, drown trendline on chart
add to watch list and watch for channel breakdown or breakout
expecting big rally after getting out from channel
Chambal Fertilizer:
Forming Cup and Handle pattern.
Breakout from previous high.
Technically the chart is showing strength, if today it breakout at close 515, then, as per the "cup and handle" pattern, a target 620 is determined by measuring the distance between the bottom of the cup and the pattern’s breakout level and extending that distance upward from the...
The stock has corrected after the huge spurt in vol as well as price. The volumes during correction are low and have dried up. The stock has taken support on 20EMA on W time frame and has bounced off from 100EMA on D time frame. It has also respected the trend line. RSI and MACD are also complimenting the price action. The RSI is on rise and MACD is also moving...
The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice
The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.
KOTAK MAHINDRA BANK looks bullish. The flag pattern about to see break out. it is taking support around 1400.
MACD indicator is also looks saturated
wait for break out and take the call accordingly. Check the chart for levels.
Hindustan Unilever
• The stock is currently trading at a price of 2492 and on the 1 hour time frame it has formed a bullish flag and pole which indicates that the price after a pull back can go up further
• the target is ... 2533 - 2565 And SL :-2473
RSI - at 60 levels
Disclaimer - This post is only for education purposes and not any recommendations to buy the...
TREND ANALYSIS & TRADE SETUP !
WAVE ANALYSIS !!
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
Wait for ENTRY CONFIRMATION !
Risk:Reward: 5-7 times.
Stock is in an uptrend for the last 2 months moving with 0.3-0.5 fib retracement. Now pennant is been formed for the next bull run with 20% return in between next 2-3 months if broke the current higher high.
Points to be Note (Technical + Fundamental)
1. Pennant Structure
2. In up-trend for last 2 months
3. Fib levels are 0.3-0.5 & Relative strength restest...
