MAHABANK | Swing Trade📊 DETAILS
Sector: Bank - Public
Mkt Cap: 36,646 cr
Bank of Maharashtra is engaged in providing banking services. The Bank's segments include Treasury, Corporate/Wholesale Banking, Retail Banking and Other banking operations.
TTM PE : 9.95 (Average PE)
Sector PE : 12.91
Beta : 1.50
📚 INSIGHTS
Strong Performer
Stock with consistent financial performance, quality management, and strong technical momentum indicating good investor enthusiasm. Currently valued at Good to expensive valuation
1.33% away from 52 week high
Outperformer - Bank of Maharashtra up by 10.07% v/s NIFTY 50 up by 0.19% in last 1 month
📈 FINANCIALS
Piotroski Score of 4/9 indicates Weak Financials
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
🔍 More Analysis & Trade Setups 🔍
For more technical analysis and trade setups, make sure to follow me on TradingView: www.tradingview.com
Trading!
IOB | Positional Trade📊 DETAILS
Sector: Bank - Public
Mkt Cap: 89,313 cr
Indian Overseas Bank was founded in 1937 by Chidambaram Chettyar. It was one of the 14 major banks that were nationalized in 1969.
TTM PE : 38.10 (High PE)
Sector PE : 13.27
Beta : 1.47
📚 INSIGHTS
Mid-range performer
Stock with medium financial performance with average price momentum and valuation. These stocks may be affordable and are showing some investors interest.
9.88% away from 52 week high
Outperformer - Indian Overseas Bank up by 7.22% v/s NIFTY 50 up by 0.49% in last 1 month
📈 FINANCIALS
Piotroski Score of 4/9 indicates Weak Financials
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
🔍 More Analysis & Trade Setups 🔍
For more technical analysis and trade setups, make sure to follow me on TradingView: www.tradingview.com
USDJPY portrays bullish consolidation, further downside expectedOn Tuesday, the USDJPY pair snapped a two-day winning streak while reversing from a 13-day-old horizontal resistance surrounding 148.80-90. The pullback move also justifies the upbeat RSI and bearish MACD signals. With this, the Yen pair is likely to decline further toward the 50-bar Exponential Moving Average (EMA) level of nearly 146.60. However, the 100-EMA of 146.20 and the monthly low of 145.90 will challenge the sellers afterward, suggesting another U-turn in the price. In doing so, the quote manages a fortnight-long trading range that consolidates the pair’s gains marked since late December.
Meanwhile, USDJPY buyers remain off the table unless they witness a daily closing beyond the aforementioned horizontal resistance of around 148.80-90. Even so, the late November 2023 swing high of around 149.80 and the 150.00 threshold will test the Yen pair’s upside moves. In a case where the bulls keep the reins past 150.00, the odds of witnessing the quote’s run-up toward the previous yearly high of around 151.90 can’t be ignored.
Overall, USDJPY remains in the bullish consolidation mode and hence likely witnessing further downside. However, the yields and the US Dollar moves are telling a different story and may test the sellers, which in turn requires caution on the part of the pair traders.
XRP/USDT RIPPLE Ready for $10 in bull market ?#XRP/USDT Bull Market Technical Analysis:
➡️ Last bull #XRP seriously underperformed while stuck fighting the #SEC
➡️ BTC hit new highs while XRP failed to pass 2017's $3.30 ATH
But with the SEC case now won - the floodgates may finally BE OPEN!
➡️ Similar triangle breakdown to 2017 is FORMING!
➡️ If 2017's 40,000% pump repeats - we could see mind-blowing $10+ XRP!
➡️ Survived 2,291 (6+ Years) brutal bear days - this coiling pattern signals Ripple's ready to ERUPT!
My Accumulation Zone: $0.40 - $0.50
Targets: $0.90/$1.95/$4/$7/$10+( bonus )
If you believe in parabolas, triangles, and cycles - CRYPTOCAP:XRP may be on the launching pad again here!!
Hindpetro Ready TO ROAR...50%Hindustan Petroleum Corporation Ltd is mainly engaged in the business of refining of crude oil and marketing of petroleum products, production of hydrocarbons as well as providing services for management of E&P Blocks.
- Stock is trading at 0.96 times its book value.
- Stock P/E 2.63
- Running on Lowest P/E ever.
- sept. quater net profit nearly 6000cr, 2nd highest quaterly net profit.
-Good financial stock may be double ,tripple in next 1,2 year.
AUDUSD bears can ignore post-RBA rebound from 11-week lowAUDUSD prints the first daily gain in three while bouncing off the lowest level since mid-November after the Reserve Bank of Australia (RBA) kept the benchmark rates unchanged. The corrective bounce also justified the RSI (14) line’s rebound from the oversold territory. However, the bearish MACD signals and the previous week’s confirmation of the Head-and-Shoulders (H&S) bearish chart pattern keeps the Aussie pair sellers unless the quote jumps back beyond a convergence of the neckline and the 100-SMA, around 0.6525-30 by the press time. It’s worth noting, however, that the quote’s sustained trading beyond 0.6530 isn’t an open invitation to the Aussie pair buyers as multiple tops marked during late January and early February near 0.6620 and the 50-SMA hurdle of 0.6650 will act as the final defense of the sellers.
Meanwhile, the AUDUSD pair’s fresh downside needs validation from the latest multi-day bottom surrounding 0.6470 and the mid-November swing low of around 0.6450. Following that, the odds of witnessing the Aussie pair’s quick fall toward the November 10 swing low of 0.6338 and then to the theoretical target of the H&S, namely the 0.6190 can’t be ruled out. That said, the previous yearly low marked in October around 0.6270 may act as an intermediate halt during the fall between 0.6338 and 0.6190.
To sum up, the AUDUSD pair’s recovery remains off the table despite the pair’s latest gains.
SAPPHIRE | Positional Trade📊 DETAILS
Sector: Hotel, Resort & Restaurants
Mkt Cap: 9,193 cr
Sapphire Foods is one of the largest franchisees of Yum! Brands Inc. in the subcontinent, and operates more than 400 KFC, Pizza Hut, and Taco Bell restaurants across India, Sri Lanka, and the Maldives.
TTM PE : 44.23 (Average PE)
Sector PE : 73.28
Beta : 0.48
📚 INSIGHTS
Strong Performer
Stock with consistent financial performance, quality management, and strong technical momentum indicating good investor enthusiasm. Currently valued at Good to expensive valuation
7.95% away from 52 week high
Underperformer - Sapphire Foods India up by 2.29% v/s NIFTY 50 up by 4.73% in last 1 month
📈 FINANCIALS
Piotroski Score of 6/9 indicates Average Financials
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
🔍 More Analysis & Trade Setups 🔍
For more technical analysis and trade setups, make sure to follow me on TradingView: www.tradingview.com
CENTRALBK | Mini Swing Trade📊 DETAILS
Sector: Bank - Public
Mkt Cap: 42,362 cr
Central Bank of India is a commercial bank. The Bank's segments include Treasury Operations, Corporate/Wholesale Banking, Retail Banking and other Banking business. The Treasury Operations segment includes dealing in government and other securities, money market operations and Forex operations.
TTM PE : 19.44 (High PE)
Sector PE : 12.51
Beta : 1.65
📚 INSIGHTS
Strong Performer
Stock with consistent financial performance, quality management, and strong technical momentum indicating good investor enthusiasm. Currently valued at Good to expensive valuation
12.86% away from 52 week high
Underperformer - Central Bank of India up by 3.06% v/s NIFTY 50 up by 9.05% in last 1 month
📈 FINANCIALS
Piotroski Score of 5/9 indicates Average Financials
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
🔍 More Analysis & Trade Setups 🔍
For more technical analysis and trade setups, make sure to follow me on TradingView: www.tradingview.com
Bitcoin Inverted Head & Shoulder Pattern #Bitcoin Inverse H&S Spotted
▪️ CRYPTOCAP:BTC Inverted H&S potential building
▪️ Clear breakout level to watch
▪️ Attractive upside targets if triggered
▪️ No confirmation yet, so caution is still advised
While traders are buzzing about a potential inverted head and shoulders forming on the BTC charts, caution is still warranted until we get CONFIRMATION.
The breakout point to watch is $43,700 - only a decisive 4 Hour CLOSE above that level would trigger the bullish pattern targeting:
▫️ 1st Target: $47,090
▫️ 2nd Target: $49,225
CRUCIAL: Below the neckline at $43700 Bitcoin remains Bearish territory.
Disciplined traders will await a confirmed breakout before getting too bullish here!
Patience pays with chart patterns.
ONMOBILE | Positional Trade📊 DETAILS
Sector: Software
Mkt Cap: 1,256 cr
OnMobile Global Limited is engaged in providing value-added services such as Ringback Tones, Digital Content Store, and Infotainment over the mobile devices.
TTM PE : 61.94 (Average PE)
Sector PE : 74.50
Beta : 1.33
📚 INSIGHTS
Strong Performer
Stock with consistent financial performance, quality management, and strong technical momentum indicating good investor enthusiasm. Currently valued at Good to expensive valuation
7.87% away from 52 week high
Outperformer - OnMobile Global up by 13.86% v/s NIFTY 50 up by 1.99% in last 1 month
📈 FINANCIALS
Piotroski Score of 5/9 indicates Average Financials
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
🔍 More Analysis & Trade Setups 🔍
For more technical analysis and trade setups, make sure to follow me on TradingView: www.tradingview.com
SELL XAU/USD @ 2031 With objective of 2017 Nose Dive.Today we are short on Gold, The Friday selling impulse after the NFP data should continue today, And looking to match our targets of 2017 soon in the US session.
The second wave was a reversal of that after the Friday jobs data, in which bonds were sold off heavily in the aftermath. That led to 10-year Treasury yields rising back above the 4% mark:
NAZARA | Swing Trade📊 DETAILS
Sector: Software
Mkt Cap: 6,885 cr
Nazara Technologies is the leading India based diversified gaming and sports media platform with presence in India and across emerging and developed global markets such as Africa and North America, and offerings across the interactive gaming, eSports and gamified early learning ecosystems.
TTM PE : --
Sector PE : 34.24
Beta : 0.72
📚 INSIGHTS
Mid range performer
Stock with medium financial performance with average price momentum and valuation. These stocks may be affordable and are showing some investors interest.
7.23% away from 52 week high
Outperformer - Nazara Technologies up by 9.03% v/s NIFTY 50 up by 2.28% in last 1 month
📈 FINANCIALS
Piotroski Score of 5/9 indicates Average Financials
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
🔍 More Analysis & Trade Setups 🔍
For more technical analysis and trade setups, make sure to follow me on TradingView: www.tradingview.com
Large Rectangle Breakout Seen in GAIL India Ltd.Hello Traders, i have brought another analysis on a pattern breakout which called (Rectangle Pattern). Well i have marked and written most of the things on chart, but still i am gonna to teach you here guy's about this pattern so if you see this next time, at least you guy's will be able to trade. So Let's start:-
Q:- What is Rectangle Pattern and How to Use Rectangle Chart Patterns to Trade Breakouts?
Rahul:-
A rectangle is a chart pattern formed when the price is bounded by parallel support and resistance levels.
A rectangle exhibits a period of consolidation or indecision between buyers and sellers as they take turns throwing punches but neither has dominated.
The price will “test” the support and resistance levels several times before eventually breaking out.
From there, the price could trend in the direction of the breakout, whether it is to the upside or downside.
we can clearly see Above in GAIL chart that the pair was bounded by two key price levels which are parallel to one another.
So, Traders, i hope you Guy's have learned today how to Trade Rectangle Pattern, but Mates We just have to wait until one of these levels breaks and go along for the ride!
Remember, when you spot a rectangle: THINK OUTSIDE THE BOX! That's it.
So now let's focus about company background.
Incorporated in 1984, GAIL, a Government of India undertaking, is an integrated natural gas company in India. It owns over 11,500 km of natural gas pipelines, over 2300 km of LPG pipelines, six LPG gas-processing units and a petrochemicals facility. It also has a joint-venture interest in Petronet LNG Ltd, Ratnagiri Gas and Power Pvt Ltd, and in the CGD business in several cities. GAIL has wholly owned subsidiaries in Singapore and the US for expanding its presence outside India in the segments of LNG, petrochemical trading and shale gas assets.
Market Cap
₹ 76,074 Cr.
Current Price
₹ 116
High / Low
₹ 123 / 83.0
Stock P/E
18.4
Book Value
₹ 98.8
Dividend Yield
3.46 %
ROCE
9.79 %
ROE
8.69 %
Face Value
₹ 10.0
Debt
₹ 17,816 Cr.
EPS
₹ 6.32
PEG Ratio
5.93
Promoter holding
51.9 %
Intrinsic Value
₹ 309
Pledged percentage
0.00 %
EVEBITDA
10.8
PROS
Stock is trading at 1.17 times its book value
Stock is providing a good dividend yield of 3.46%.
Company is expected to give good quarter
Company has been maintaining a healthy dividend payout of 43.6%
CONS
Company has a low return on equity of 13.8% over last 3 years.
Earnings include an other income of Rs.2,947 Cr.
Important levels for GAIL India Ltd.
Buy in between 112-117.
Targets we can see 130/140+
Keep Stop loss at 108.5
Price is above 200 EMA
We have seen Proper Breakout of Large Rectangle Pattern in weekly timeframe.
with Good Volume
Price is sustaining above breakout trendline and it has given pull back to retest the levels
MACD and RSI has given bullish crossover (I have not placed RSI here as i want chart neat and clean but i have analysed already)
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.
MMTC | Multiyear Breakout📊 DETAILS
Sector: Trading
Mkt Cap: 8,235 cr
MMTC, a public sector undertaking, was incorporated in 1963, to facilitate foreign trade in India and canalize the export and import of essential minerals and metals. It is under the administrative control of the Ministry of Commerce & Industry, and Government of India and is engaged in trading across minerals, metals, precious metals, agro products, fertilizers & chemicals and coal & hydrocarbons.
TTM PE : 47.33 (High PE)
Sector PE : 104.73
Beta : 1.55
📚 INSIGHTS
Strong Performer
Stock with good financial performance alongside good to expensive valuation, but lacks price momentum as suggested by technical indicators
42.88% away from 52 week high
Underperformer - MMTC down by -6.02% v/s NIFTY 50 up by 7.89% in last 1 month
📈 FINANCIALS
Piotroski Score of 6/9 indicates Average Financials
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
🔍 More Analysis & Trade Setups 🔍
For more technical analysis and trade setups, make sure to follow me on TradingView: www.tradingview.com
RITES | Positional Trade📊 DETAILS
Sector: Transport Infrastructure
Mkt Cap: 12,848 cr
Established in 1974, RITES Limited is a public sector enterprise and a leading player in the transport consultancy and engineering sector in India, having diversified services and geographical reach. The company is the only export arm of Indian Railways for providing rolling stock overseas (other than Thailand, Malaysia and Indonesia).
TTM PE : 26.33 (High PE)
Sector PE : 34.43
Beta : 0.78
📚 INSIGHTS
Strong Performer
Stock with consistent financial performance, quality management, and strong technical momentum indicating good investor enthusiasm. Currently valued at Good to expensive valuation
8.44% away from 52 week high
Outperformer - RITES up by 3.7% v/s NIFTY 50 up by 2.99% in last 1 month
📈 FINANCIALS
Piotroski Score of 8/9 indicates Strong Financials
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
🔍 More Analysis & Trade Setups 🔍
For more technical analysis and trade setups, make sure to follow me on TradingView: www.tradingview.com
KOTARISUG | Penny Stock📊 DETAILS
Sector: Sugar
Mkt Cap: 480 cr
Incorporated in 1961, Kothari Sugars & Chemicals Ltd is engaged in sugar manufacturing, power cogenerations and production of industrial alcohol from molasses and bio-compost from press mud and distillery effluents.
TTM PE : 12.18 (Average PE)
Sector PE : 11.57
Beta : 0.99
📚 INSIGHTS
Strong Performer
Stock with consistent financial performance, quality management, and strong technical momentum indicating good investor enthusiasm. Currently valued at Good to expensive valuation
9.09% away from 52 week high
Outperformer - Kothari Sugars and Chemicals up by 10.06% v/s NIFTY 50 down by -0.03% in last 1 month
📈 FINANCIALS
Piotroski Score of 8/9 indicates Strong Financials
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
🔍 More Analysis & Trade Setups 🔍
For more technical analysis and trade setups, make sure to follow me on TradingView: www.tradingview.com
Bank Nifty Ready for Dump After Small Pump?#BankNifty PM Election View:
2019 PM Election of India:
- Bank Nifty 29% Pump from Parallar Channel Support.
- -50% Dump from Parallel Channel Resistance After PM Election.
2024 PM Election of India:
- Bank Nifty Can Pump 20% from Parallel Channel Support
- After We can See -40% dump from Parallel Channel Resistance
#Breakout #StockMarket
IDBI | Investment Pick📊 DETAILS
Sector: Bank - Private
Mkt Cap: 72,256 cr
IDBI Bank is engaged in the business of Monetary intermediation of commercial banks, saving banks, postal savings bank and discount houses.
TTM PE : 15.14 (Low PE)
Sector PE : 12.12
Beta : 1.22
📚 INSIGHTS
Strong Performer
Stock with good financial performance alongside good to expensive valuation, but lacks price momentum as suggested by technical indicators
10.84% away from 52 week high
Underperformer - IDBI Bank up by 6.3% v/s NIFTY 50 up by 7.72% in last 1 month
📈 FINANCIALS
Piotroski Score of 6/9 indicates Average Financials
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
🔍 More Analysis & Trade Setups 🔍
For more technical analysis and trade setups, make sure to follow me on TradingView: www.tradingview.com
MAZDOCK | Swing Trade📊 DETAILS
Sector: Ship Building
Mkt Cap: 46,328 cr
Mazagon Dock Shipbuilders Limited (MDL), Mumbai, established in 1774, is a prominent shipyard in India. Initially a small dry dock, MDL has evolved into a renowned shipbuilding company. It has constructed 801 vessels since 1960, including warships, submarines, cargo/passenger ships, and offshore platforms.
TTM PE : 36.92 (High PE)
Sector PE : 44.46
Beta : 1.31
📚 INSIGHTS
Strong Performer
Stock with consistent financial performance, quality management, and strong technical momentum indicating good investor enthusiasm. Currently valued at Good to expensive valuation
7.45% away from 52 week high
Outperformer - Mazagon Dock Shipbuilders up by 8.37% v/s NIFTY 50 up by 3.29% in last 1 month
📈 FINANCIALS
Piotroski Score of 8/9 indicates Strong Financials
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
🔍 More Analysis & Trade Setups 🔍
For more technical analysis and trade setups, make sure to follow me on TradingView: www.tradingview.com