Cyber Monday saleUp to 70% OFF

Trendanalyisis

Hindustan Aeronautics Limited (HAL) - Break Out OpportunityDate : 23-Aug-2023 Rating : Buy LTP : Rs. 4031.10 Target : Rs. 4800 Exit Plan : Follow the 7/13/26 DEMA cross down on closing basis. NSE:HAL has given a break out from an Ascending Triangle that has been created since last few sessions. With this it has also break out from it's last known resistance. 7/13/26 DEMA crossover, MACD crossover and RSI above 0 supporting further upward journey and possibility of achieving new highs. Disclaimer : I am not a SEBI registered analyst/consultant and not recommending anyone to take any BUY or SELL position in stock market. Investing in stock market is risky and one should do a self analysis and validation before investing in stock market.
NSE:HALLong
by vicky252
8
A PERFECT EXAMPLE OF CUP AND HANDLE PATTERN ON FSL STOCKWhat is the cup pattern? Cup and Handle Pattern is a bullish continuation pattern that signals a strengthening of a security's price followed by a breakout, after which the scrip's price soars up. The U-shaped cup represents the era of consolidation, while the handle represents the moment of breakout. How to trade ? The buy point occurs when the stock breaks out or moves upward through the old point of resistance the volumes are also increasing mean its ready to break the cup
NSE:FSL
by tradergyan01
2
NIFTY50 BEAR TREND STARTEDGreetings everyone, I am of the opinion that either the NIFTY50 or the entire market is entering a bearish trend. Starting from today or possibly in the upcoming week, it seems likely that the market will commence a downward trajectory. This projection is based on two potential factors: Observation of a Head and Shoulders pattern. The breach of an important support level. Key Levels: Entry Range: 19200-19250 Stop Loss: 19600 Target 1: 18900 Target 2: 18600 (There is a considerable chance of attaining this target.) Target 3: 18200 Strategies to Consider: For those involved in options trading: Consider a small hedging strategy. For those engaged in futures trading: Implement a strict stop-loss strategy. Important Note: Make risk decisions in line with your available capital. It is strongly advised to refrain from trading with borrowed funds or your entire savings, drawing from personal experiences.
NSE:NIFTYShort
by NaveenTTR
6
De Nora is getting ready for a Notorious Ride #SuperChartzKey levels: Support: 1550, 1500 - Closing levels Resistance: 1640, 1740, 1840 Technical Impact: Recent Price Movement: The recent 5.83% positive return over 3 months suggests a favorable market sentiment and interest in De Nora India Ltd. Investors may find this upward trend appealing, potentially attracting more attention to the stock. Price Volatility: The wide range between the 52-week high and low (₹2,337 / ₹740) indicates considerable price volatility. Traders might see opportunities in this volatility for short-term gains, while long-term investors may need to assess their risk tolerance. Return History: A 79.8% return over the last 3 years reflects strong historical performance. Investors may view this as a positive sign, signaling the company's ability to generate value over an extended period. CMP/FCF Ratio: The CMP/FCF ratio of 70.7 suggests that the stock's current market price is relatively high compared to its free cash flow. Investors should interpret this ratio cautiously, considering it may indicate overvaluation or high market expectations. EVEBITDA and Enterprise Value: The EVEBITDA ratio of 25.1 and Enterprise Value of ₹833 Cr. provide insights into the company's overall valuation. Investors may analyze these metrics to assess whether the stock is undervalued or overvalued relative to its earnings. Fundamental Impact: Valuation Metrics: The P/E ratio of 35.2, compared to the industry average of 40.0, suggests the stock may be attractively priced. Investors may find this appealing, assuming the company's future earnings potential supports the current valuation. Financial Health: Strong fundamental indicators such as a high ROCE (29.7%) and ROE (22.1%) indicate efficient capital utilization and strong returns for shareholders. This can boost investor confidence in the company's financial health. Debt and Current Ratio: The absence of debt and a high current ratio of 7.63 reflect a healthy financial structure. This can be reassuring for investors concerned about the company's ability to meet its short-term obligations and manage long-term debt. EPS and Sales: A solid EPS of ₹45.2 and sales of ₹75.0 Cr. indicate a healthy bottom line and revenue generation. Investors may see this as a positive sign of the company's operational efficiency and growth potential. Conclusion: The combination of positive technical and fundamental factors suggests that De Nora India Ltd is currently positioned well in the market. Investors may find the stock appealing due to recent positive price movements, strong historical returns, reasonable valuation metrics, and robust financial health. However, it's crucial to stay vigilant, considering potential risks such as customer concentration and market dynamics. A holistic approach, combining both technical and fundamental analysis, provides a comprehensive view for investors making informed decisions.
NSE:DENORALong
by SuperChartz
Daily Bullish Flag Pattern BO in CARYSIL LTDIntroduction: The Acrysil Group was founded in India in 1989, by Ashwin M. Parekh. We produced our first kitchen sink with a technical collaboration with Schock & Co., Germany - an established world leader. 30 years later his son, CMD Chirag A. Parekh, has lead Acrysil into becoming one of the largest producers of quartz kitchen sinks in the world, under its brand Carysil. In addition to being one of the world leaders in producing sinks, Carysil’s global experience, and expertise have naturally lead us to diversify into other kitchen products. We now produce stainless steel sinks, faucets, food waste disposer units; and kitchen appliances such as hobs, cooktops, ovens, wine chillers and dishwashers. Presenting the world's first 100% green sink manufactured using environmentally friendly materials. It is a bio coated quartz sink with materials such as spinach, sandal, turmeric, beet root and more. The natural fibre is recycled resin. Analysis A Bullish Flag and Pole pattern is visible on the Daily chart of NSE:CARYSIL . The Flag and Pole pattern is a bullish continuation pattern and it is visible in charts after a meaningful appreciation in the price. MACD gave Positive crossover on Daily, Weekly and Monthly chart. So, expecting the momentum to continue. One can create a fresh position in the scrip near Rs. 855-875 levels with the stoploss of Rs. 785 on Daily closing basis for the following targets 896.10, 919.20, 946.45, 966.75, 989.15, 1001.95, 1029.15, 1045.85, 1068.10,1083.55 and 1098.10 Risk Disclaimer: The trading ideas and analyses presented here are for educational purposes only and do not constitute financial advice. Trading and investing in financial markets involve risk. You should carefully consider your own financial situation, risk tolerance, and investment objectives before making any investment decisions. The information provided in this analysis is based on my personal interpretation of market conditions and the available data at the time of writing. It is subject to change without notice, and I cannot guarantee the accuracy, completeness, or timeliness of the information provided. Trading and investing carry the risk of substantial losses, and past performance is not indicative of future results. Always be aware that markets can be unpredictable, and prices may move against your trade or investment. It is advisable to seek advice from a qualified financial professional and to conduct your own research before making any investment decisions. You should only invest funds that you can afford to lose. I am not responsible for any trades or investments made based on the information presented in this analysis. By reading and using this information, you acknowledge and accept that you are solely responsible for any losses you may incur.
NSE:CARYSILLong
by raigvivek
Long Avanti FeedsAn inverted Head & Shoulder Chart Pattern Breakout happened on the weekly Time frame of BSE:AVANTI Price Action is well supported by the volume. The stock is currently in uptrend making higher highs and higher lows. One can add this stock into their stocks to buy list. Initiate the long trade only according to the levels mentioned. Stop loss will be on weekly closing basis. Trend Analysis :- UP Trend Chart Pattern :- Inverted Head and Shoulder Technical Indicator :- Positive MACD Crossover
ALong
by raigvivek
Long Westlife DevelopmentA Bullish Flag and Pole Chart Pattern Breakout happened on the weekly Time frame of NSE:WESTLIFE Price Action is well supported by the volume. The stock is currently in uptrend making higher highs and higher lows. One can add this stock into their stocks to buy list. Initiate the long trade only according to the levels mentioned. Stop loss will be on weekly closing basis. Trend Analysis :- UP Trend Chart Pattern :- Bullish Flag and Pole Technical Indicator :- Positive MACD Crossover
NSE:WESTLIFELong
by raigvivek
zigzag correction in BANKNIFTY ELLIOTT WAVE ANALYSIS:- View-1:- It seems that a zigzag wave has completed. A bounce back looks like connecting correction wave B is forming, a little bounce back may happen to form a connecting waves in a correction form. View-2:- It seems that a zigzag wave has completed. An impulse wave was emerged and an impulse 1st wave was completed and a corrective 2nd wave was completed it seems to be an emerging of impulse 3rd wave . Expected a reasonable bounce back if the 43600 level sustains. If the level break and go down then there will be another zig zag formation may take place. T1=44439 T2= 44586 T3=44957 T4=45274-45615 For View 2 stop loss will be 43600. For wave 1 there will be no stop loss. i'm not a SEBI registered advisor. Before taking a trade do your own analysis or consult a financial advisor.
NSE:BANKNIFTY
by n0m0ret0ss
8
Correction in KOTAKBANK. FLAT (or) TRIANGLE Wave.Elliott Wave Analysis:- Due to some management changes in bank there are certain fundamental changes taking place. Let the cloud get cleared, until that we wait for the clear sky. View1:- triangle pattern. B wave was formed. Once C,D wave was formed then we can enter into the trade. until that we watch the wave formation. 1631 as stop loss we enter into the trade. once the breakout was completed in upper side we trail our stop accordingly in between waves. View2:- Flat correction. Once it break 1631 then flat correction is confirmed . Almost B wave was seems to be over. it may reach 1570,1436, 1267, 1051 will be the support level. Wait and watch until there is a clear wave formation. I'm not a SEBI registered advisor. Kindly consult your financial advisor.
NSE:KOTAKBANK
by n0m0ret0ss
triangle pattern breakout in PETRONET LNGThere is a triangle pattern formation in the chart for long term. Expecting a bounce back once it reaches 210-214 zone. Target for triangle pattern with taking C Wave as stop loss. once there is a breakout then we can go for the consider E wave as stop loss and we can trail accordingly. Target:- T1- 242 T2-264 T3-300 T4-330 Stop @ 190 we have to wait and watch the pattern formation. An alternative view I will post in the forecoming chart's.
NSE:PETRONET
by n0m0ret0ss
Long bet in West Coast Paper Mills.Financial highlights. Over the past five years, the company has achieved an impressive compound annual growth rate (CAGR) of 33.9% in terms of its profit. Company has a good return on capital employed (ROCE) of 61.5 %. Stock has negligible debt to equity of 0.09. /list Technicals. Currently price is at somewhere between support and resistance level of the trend line, some position can be made either it gives a breakout, or it comes back to support. My commentary West Coast Paper Mills Ltd is one of the oldest and the largest producers of paper for printing, writing, and packaging in India. Paper consumption expenditure is expected to double from $1.5 trillion in 2020 to $3 trillion by 2030.(Source: The Hindu). We can long on this, if it falls as it is more likely to happen, more quantity can be added. This is only for an educational purpose, Don't take it as a trade calls. I am not a Sebi registered
NSE:WSTCSTPAPRLong
by BullishLine
1
impulse wave in HINDUSTAN PETRO. Alternative wave.Elliott Wave Analysis:- Both correction and impulse wave we are expecting a correction. once correction get ended an impulse take place. View 1:- There is also expected an impulse wave i) completed and a correction wave ii) was almost over if raise start then impulse wave iii) is expected to move on. View2:- Correction wave was still pending and a low was expected. once the low was completed then the impulse wave of v wave was expected . I'm not a SEBI registered advisor. Kindly consult your financial advisor.
NSE:HINDPETRO
by n0m0ret0ss
triangle pattern breakout.Elliott Wave Analysis:- View 1:- swing trade, A triangle has formed in the 4th wave Correction wave and it seems to be ready to give an impulse breakout. if it so then the target will be Target 1:- 4800 T2:- 5150 T3:-6100 Stop loss:-3291 if the pattern had broken up and crossed the 4610 then the stop may be adjusted to 3485. View 2:- there may be an alternative view which the triangle may breakout in bottom and it may also go till 2500-2900. we can average at bottom. if long term investor can also think of choosing second view else only 1st view is advisable. i'm not a SEBI advisor. kindly consider your own analysis before taking the trade or consult your own financial advisor.
NSE:DMART
by n0m0ret0ss
An impulse wave over and simple correction happen in REDINGTONELLIOTT WAVE ANALYSIS An impulse took place and a cycle has completed the 1) wave and the correction of 2) is in the end . In 2) wave a simple flat correction took place. But my view is that we may expectation is that we may expect a complex correction . It may raise to 180-190. If the up move was slow and too long then we can expect a correction wave. correction wave pattern was already posted and it was linked below, you people can view that chart for more clarification. it an alternative view.
NSE:REDINGTON
by n0m0ret0ss
1