LOYAL EQUIPMENTS - BREAKOUT!!!BUY - LOYAL EQUIPMENTS LIMITED
CMP - Rs. 69
Target - 1: Rs. 93
Target - 2: Rs. 105
Target - 3: Rs. 140
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Max Return - 102%
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Technicals - Cup and Handle Pattern
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Fundamentals -
Company has reduced debt.
Company is expected to give good quarter.
Company has delivered good profit growth of 24.7% CAGR over last 5 years.
Company's working capital requirements have reduced from 204 days to 139 days.
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This is just a view by an expert analyst, please invest at your own risk.
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Technicalindicators
TANEJA AEROSPACE - 87% RETURNS!!!BUY - TANEJA AEROSPACE & AVIATION LTD
CMP - Rs. 129
Target - 1: Rs. 187
Target - 2: Rs. 240
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Technicals - Bullish Pennant nearing BO
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Fundamentals - 1) 239% Increase in net profit YoY.
2) 383% Increase in EPS YoY.
3) 28% Increase in Sales YoY.
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This is just a view by an expert analyst, please invest at your own risk.
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Uptrend Channel pattern reversal in DRREDDYSLAB.DRREDDYS LAB
Key highlights: 💡
✅On 1Week Time Frame Stock Showing Reversal of Uptrend Channel Pattern .
✅ It can give movement upto the Reversal final target of below 4400-.
✅There have chances of breakdown of Support level too.
✅ After breakdown of Support level this stock can gives strong downside rally upto below 3806-.
LAURUS LABS - 100% RETURNS!!!BUY - LAURUS LABS LTD
CMP - Rs. 330
Target - 1: Rs. 465
Target - 2: Rs. 532
Target - 3: Rs. 657
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The chart is self-explanatory, the targets have been set according to supply-demand zones and potential break out of the triangle pattern.
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This is just a view by an expert analyst, please invest at your own risk.
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Downtrend channel pattern breakout in METROPOLISMETROPOLIS
Key highlights: 💡⚡
📊On 1D Time Frame Stock Showing Breakout of downtrend channel Pattern.
📊 Strong Bullish Candlestick Form on this timeframe.
📊It can give movement up to the Breakout target of above 1465+.
📊Can Go Long in this stock by placing a stop loss below 1255-.
Bullish pennant pattern reversal in BAJAJ FINANACE LTDBAJAJ FINANCE LTD
Key highlights: 💡⚡
📊On 1M Time Frame Stock Showing Reversal of Bullish pennant Pattern .
📊 It can give movement upto the Reversal target of above 7349+.
📊There have chances of breakout of Resistance level too.
📊 After breakout of Resistance level this stock can gives strong upside rally upto above 13500+.
Ascending triangle pattern breakout in Ambuja Cement LtdAmbuja Cement Ltd
Key highlights: 💡⚡
✅On 1Day Time Frame Stock Showing Breakout of Ascending triangle Pattern .
✅ Strong Bullsih Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 480+.
✅Can Go short in this stock by placing a stop loss above 375-.
#NIFTY Intraday Support and Resistance Levels - 05/05/2023Nifty will be gap Down opening in today's session. After opening nifty start tranding below 18250 level and then possible downside rally up to 18130 in today's session. in case nifty trades Above 18280 level then the upside target can go up to the 18400 level.
Falling wedge pattern reversal in MAX FINANCE SERVICE LTDMAX FINANCE SERVICE LTD
Key highlights: 💡⚡
📈On 1W Time Frame Stock Showing Reversal of Falling wedge Pattern .
📈 It can give movement upto the Reversal Final target of above 803+.
📈There have chances of breakout of Resistance level too.
📈 After breakout of Resistance level this stock can gives strong upside rally upto above 1170+.
Parallel Channel Pattern Breakout in JUBLEFOOD JUBLEFOOD
Key highlights: 💡⚡
✅On 1Day Time Frame Stock Showing Breakout of Parallel channel Pattern .
✅ Strong Bullsih Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 515+.
✅Can Go Long in this stock by placing a stop loss below 456-.
Reversal Double bottom pattern in GUJRATGAS LTDGUJRATGAS LTD
Key highlights: 💡
✅On 1Day Time Frame Stock Showing Reversal of Double bottom Pattern .
✅ It can give movement upto the Reversal target of above 477+.
✅There have chances of Breakout of resistance level too.
✅ After Breakout of resistance level this stock can gives strong upside rally upto above 502+.
✅Can Go Long in this stock by placing a stop loss below 461-.
#NIFTY Intraday Support and Resistance Levels - 03/05/2023Nifty will be gap down opening in today's session. After opening nifty start trading below 18120 level and then possible downside rally up to 18000 in today's session. in case nifty trades above 18170 level then the upside target can go up to the 18290 level.
Double bottom pattern breakout in MPHASISMPHASIS
Key highlights: 💡⚡
✅On 1Day Time Frame Stock Showing Breakout of Double bottom Pattern .
✅ Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 2030+.
✅Can Go Long in this stock by placing a stop loss below 1785-.