Tradingviewindia
PNC InfraMCAP : 8672 CR
TTM NP: 508 cr
Trailing PE : 17.1x
The new results woulsd be in the region of 105 cr, pushing the ttm Net Profits to 506cr and PE to 16.2. The channel set up since Mar 2021, is very attrractive. The cup like formation is even more convincing.
Much better play among the Infra companies like KNR or GR Infra.
DrLalGreat Set up.
Channel since April of last year.
Currently at the bottom of the channel, and indicators going ballistic.
ABCAPITALABCAPITAL (W):- 101 CMP, looks good for more upsides keep track :)
Invaild Below 75 WCB SL
ABCAPITAL now in uptrend (As per Dow Theory)
AAKASH : Looking for buy!AAKASH exploration is looking for a great opportunity for buy & has formed descending channel within it, expecting TG to reach at 300
Long & Short set up in CareRatingSimple set up of support & resistance and price consolidating in triangle pattern with moving average support.
Long Trade : Entry Rs 693, Stop Loss Rs 673, Target1 Rs767 and if price breakout triangle resistance Target 2 will be Rs 1000.
Short Trade : Entry Rs 660, Stop Loss Rs 687, Target1 Rs 580.
Disclaimer : Consult financial advisor and trade with strict stop loss
Double Set Up in M_MFin for Long/ShortThe chart in self explanatory and analysed on basis of :
- Symmetrical Triangle
- Breakout and Retest Level
- Fib Retrenchment Level
- Support and Resistance
The ideas of both long and short trade given in chart with entry, exit and stop level.
Disclaimer : Trade cautiously and consult your financial advisor.
Out of 6, 5 gap already filled by the NIFTY_Key Level 17560Out of 6, 5 gap already filled by the NIFTY in past 8 session and probably 6 gap will be also fill is today or in next trading session.
Idea : Level of 17560 will act as crucial support with 50 moving average level and gap fill trade.
Advice : Long trade at reversal candle at 17560 and if key support violated - BEARISH :-(
Disclaimer : Trade cautiously, avoid carrying position for next week.
Bank Nifty !! Elliot WavesThe analysis base on Elliott Wave Theory in weekly and daily time frame.
Elliott wave has three parts :
a) Impulse wave (Point 0-1, 2-3, 4-5), which net travels in the same direction (higher high) as the larger trend, always shows five waves in its pattern.
b) Corrective wave (Point 1-2, 3-4), on the other hand, net travels in the opposite direction (higher low) of the main trend.
c) Followed by three waves in a correction (A,B,C) - Lower High and Lower Low.
The Elliot waves combined with fib retrenchment give a broader idea to identify trend and reversal.
Disclaimer : Consult financial advisor before trading.
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