NMDC is on BUY SIDE, Purchase for long term & sort term, NMDC is on BUY SIDE, Purchase for long term & sort term, Making reversal pattern with strong support at 130-140.
TERM
SSWL, Steel strip for Long term#sswl
Steel strip wheels Ltd.
One of the biggest alloy and steel rim player.
Some renowned names hold stake in it (Tata steel, sumitomo metals)
Customer base has names of Kia, Tata, BMW, honda.
Holds more than 50% market share in each and every segment.
Currently under pressure due to automobile Sector weakness, good time to start accumulation.
Technically,
After breakout it has completed retest.
Pullback was also till fib support.
Can add at these levels and keep on adding on dips till 700.!!!
And, have patience with this one.!
Fundamentally there are few red flags, hence I am not keeping it on top 75% of my portfolio.
Kindly DYOR
#vr
BANKBARODA trend line analysis i have made a analysis by using few technical indicators and trend lines. My observations is as bellow.
1) Based on the trend line analysis- stock is following the up trend since 8 months
2) Fib- retracement: shows good buying opportunity at 85 to 90 points, so that at this level the stock comes and touched the trend line, becomes a good entry levels.
3) RSI indicator: now it touched the fear zone and whenever it enters this zone it comes back to supply zone in the time frame of 2.5 to 3 months. So in this time frame stock comes back near 85 to 90, becomes good buying zone.
Conclusion :
1) can short the position and wait for the next buying zone to enter,
2) target T1- 115.
Note: MY views are only for the study purpose, paper trading purpose, stock analyzing purpose, better your skill purpose.
Trade at your own risk.
How much will nifty fall?Going with a view of more 3-5% fall in nifty. Reasons for my view:
1. Support at 16K level on weekly time-frame.
2. 200 days SMA support also at that position.
3. Trendline support is also present over the area.
Note: This is only for education purposes, please don't take any position on behalf of this.
Tata Motors to watchAfter rally, Tata motors is trying to fill the gap. has broke the support that hold the stock above 460 range for the last few months. Probably It should go down to fill the gap and its a good opportunity for long time investor. Short time traders need to look out for the new support and reversal confirmation
OAL, oriental aromatic#OAL
Oriental aromatic
Portfolio stock, will add up my position if it closes above 200EMA (RED line)
Invested from 320 levels.
Fresh entry also if it manages to close above support this week.!!!
Weekly chart is important.
#vr
#MUTHOOTFIN looks good for more upside.Support taken @200EMA which can be helpful for a strong Pullback.
#ATH is 1700++ and we have seen that MUTHOOTFIN is Fundamentally #STRONG thus it is Long #portfolio stock.
#keep_accumulating
#HODL
Happy Learning :))
Nifty 50 Swing TradeThis is a 45 mints trend analysis of #NIFTY50 which shows the #elliottwave analysis of trend and movement at different levels,
BLUE #trendline This is #Elliot major waves and
Orange #trendline this is abc wave in between #Elliot major wave.
Do comment and #like this #analysis kindly #feedback.
WIPROPE ratio of the wipro is strightly hight and according to my analysis , it taken break down , and given the conformation by hitting the break out palce with green candle ,
Anup for long term#anup
Anup industries, already part of my portfolio from very low levels.
I will be adding more of it at 900-930 levels.
#vr
Neogen for long term#neogen
Neogen is a good stock for long term folio.
Already holding.
Will add more @1420-1350.
#vr
BURGER KING INDIA STOCK ANALYSISHi everyone, Burger king india stock is trading in symmetrical triangle pattern on weekly chart & currectly stock is near it`s static support 145 can conisder buying if support get`s break next support 125 and all time low bottom of stock is 108. Upside resistance is 190 & then all time high 214.
LOGIC BEHIND TRADE : Stock trading in symmetrical triangle pattern & down side static support 145 & upside resistance 190. NSE:BURGERKING
PNBA HOUSINGPnb housing for short term stock
1.you need to hold stock for atleast 1 month for better profit
2.candles close above resestance area and two ema 50 & 100
3.look at the volume chart fii&dii stepping in
MCX Swing TradeNSE:MCX Swing Trade
Current Price : 1713
This Script perfect support on its trendline
I expect it will bounce back from its support line and try to brake the triangle formation
Target : 1880+
Stop loss : 1678
This is only for education purpose.
Follow for more update.
STEL FOR MINIMUM 25%TRADE OR INVEST wisely.
WE CAN JUST PREDICT.
Disclaimer: I am not a SEBI registered advisor , so before entering on my view plz ask your SEBI Registered Advisor . Profit is your and loss is your.
PLEASE LIKE AND SHARE IF YOU AGREE WITH THE IDEA
NIFTY LONG TERM SUPPORTNIFTY found a long term support line so dont need to panic it will go till 17550 support and chances of bounce back is high
CASTROL INDIA FOR 156,176,200TRADE wisely.
WE CAN JUST PREDICT.
Disclaimer: I am not a SEBI registered advisor , so before entering on my view plz ask your SEBI Registered Advisor . Profit is your and loss is your.
PLEASE LIKE AND SHARE IF YOU AGREE WITH THE IDEA
TATASTEEL Keep in Watchlist on daily Timeframe of TATASTEEL Stock running in channel now expecting a reversal from channel and also near MA will react according to market reaction near those area
ASALCBR is a good Medium Term BetASALCBR
Associated Alcohols & Breweries Ltd
Chart Structure:
- After listing in Feb'20, the stock is in an upward trend since Mar'20
- Stock right now is consolidating after making an All-Time High.
- During the consolidation, the stock has taken support multiple times near previous resistance and Avg. Buy price of last Huge Accumulation.
Volatility Contraction:
- In Day TF, price is forming a triangle pattern.
- Stock's Volatility is contracting. As before it was pushed down 20% after making ATH.
- Stock rose up again from the support area, and this time it was pushed only 11% down, hence creating a Triangle Pattern.
Relative Strength:
- Stock is outperforming its sector & Nifty50 in 3m, 6m & 1y TF. It is underperforming in lower tf due to stock being in consolidation.
- Stock has turned RS+ again on 8th Oct and is keeping above Laxman Rekha.
- Spread chart of the stock has formed a triangle pattern and is near a breakout.
Volume Activity:
- Stock saw huge Volume Activity from 4th to 12th October 2021.
- In that period 14.76 lac shares were delivered with an average of 1.84 lac shares/day with an average buying price of 548/-
- Previous average deliveries were 37k shares/day.
Financial Performance:
- Stock beat its QoQ & YoY Quarterly numbers in Q2.
- Sales Growth +50% QoQ & +21% YoY
- PBT Growth +36% QoQ & +6% YoY
- EPS Growth +41% QoQ & 8% YoY
Fundamental Notes:
- The company plans to expand its capacity from 45 MLPA to 90 MLPA. The project is expected to be completed by June-2022. That means the Co. will see the double output in 7-8 months.
- Company Distil, Blend, Bottle & Market are some of the key brands of United Spirits such as Bagpiper, Blue Riband, Flavored Mischief, Director's special gold & McDowell's Rum.
- The contract of this franchise has been extended up to April 2025.
- Some other brands which are produced under contract manufacturing are Black Dog, Vat 69, Black&White, McDowells, Royal Challenge, Signature, etc.
RVNL Trend linesRVNL Share looks like following these trend lines and support and resistance.
Old resistance become support for now.
Plan your investments accordingly
shiba targets for long runshiba targets for long run, buy as possible as, very good for long run make sure take it. good luck,
