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Trend Analysis

Adani Ports: A Quality Company with a Strong Growth Outlook Adani Ports , one of the Adani Group's flagship companies, has consistently proven its strength. Despite market volatility, it remains a fundamentally solid enterprise. Key Insights: Following the Hindenburg report in January 2023, Adani Group stocks, including Adani Ports, faced a massive crash. However, Adani Ports rebounded impressively, finding support at a previous key level and delivering over 300% returns from that point. Recently, the stock has experienced another sharp correction due to bribery allegations. It has fallen back to a significant support zone, presenting what could be a lucrative buying opportunity for risk-tolerant investors. Current Setup: Stock Price: Around ₹1200 at present. Plan: Accumulating shares down to ₹980 with a potential target price of ₹2400, offering the possibility of doubling the investment. Risks: The stock is highly volatile, and only those comfortable with elevated risk levels should consider this opportunity. Conservative or safe traders may want to avoid this stock for now. Why Adani Ports? Strong Fundamentals: Adani Ports is a well-managed company with robust operations. Attractive Valuation: The current correction brings the stock to an appealing price level for long-term investors. Growth Potential: The company has demonstrated its ability to recover and generate substantial returns, even under challenging circumstances. Financial Update: For those analyzing the stock's fundamentals, here are the Q2 financial results for Adani Ports: Consolidated Net Profit: ₹24.5 billion vs. ₹17.4 billion (YoY growth). Final Thoughts: Investors should make decisions based on their own risk tolerance and investment strategy. While the stock holds significant upside potential, its volatility should not be underestimated. Always do your research before investing. Stay informed and invest wisely!
NSE:ADANIPORTSLong
by iamrk7
LALPATHLAB - End of 4th wave correction?LALPATHLAB - CMP 2957 Price had a one way rally in it's primary 3rd wave from 1945 to 3650 And it is falling at the same speed. Price convincingly broke the consolidation at the 30% fib around 3000 levels and trading below the same. 50% retracement is at 2800 and AVWAP from the lows is at 2840 2750-2850 is the breakout retest zone. Between the next 100-200 points, there could be a good buying opportunity for positional investors (Not advisable for FNO) Price SHOULD NOT BREAK 2767 at any cost as the set up would become invalid (4th wave cant get in to the territory of wave 1)
NSE:LALPATHLABLong
by Murthy_Santhosh
MY first choice IDFC FIRST BANK IDFC FIRST BANK have previous records and pattern and that repeat again Technical points 1 - down rising channel 2- Strong support on bottom 3 - hold the top of fab. point 4 previous bull run was came when is go down in channel pattern First channel performance Date 31-jan-2022 to 6-dec-2022 first reached on top of 50 and came down 28 in the channel when given reversal to 62 second channel performance 6-dec-2022 to 5-sep-2023 on the top of 62 he came down and reached 52 and than get reversal and make top of 100 third 6-sep-2023 to 27-november today now its reached at same price of 62 and create bottom now we looking for a fresh reversal and channel breakout First TRG - 86 Second TRG -98 & 102 Third TRG 120 and above 140 SL 48 only for the long term time duration minimum 1 year
NSE:IDFCFIRSTBLong
by Share-Mechanic
Equinox India - Turnaround IncomingIts EXTREMELY rare for a company that is this old to fall below the 200EMA (Monthly) and actually survive.. These guys seem to be the comeback kids.. Adequately capitalized..new project timelines already given out along with conservative estimates of Surplus from those projects. The merger judgement too is marked for judgement. (The hope is for a positive judgement) IF this happens..expect fireworks in this stock coz they will have an experienced developer at the helm but also crazy money by way of Blackstone backing them.. (And real estate is a core business of Blackstone in India where they have a lot of experience) The stock price is kissing the 200MEMA..and break above it esp on a positive judgement could mean the stock roaring upwards...and the 200MEMA could then act as a support. Long above it with Stoploss below 110.. Would take an instant Stoploss if the judgement isn't in their favour in the short term and try to fish it at lower levels again.
NSE:EMBDLLong
by rdkriplani
1
Nifty: Trend Analysis (Parallel Channel and 200SMA)The current uptrend of nifty has started 23-Mar-23 and since then nifty is rising steadily by following parallel uptrend channel. It has taken support three times. 1. 27-Oct-22 2. 05-Jun-24 3. 22-Nov-24 Nifty has also respected the 200 SMA except for breaking it on 12th Nov 24 and then reclaiming back. Such a trend lasts for at least two years before taking a pause. With Maharashtra election behind, the upcoming key events are: 1. Delhi election – result may not have any major impact. 2. Budget in Feb 2025 Conclusion: in next 2-3 months, we might see brief upsurge till 26000, before nifty cooling off and consolidating and prepare for next up-move.
NSE:NIFTY
by rampalxyz
Dixon Tech either buy or wait to buy?? Dixon is trading in a parallel channel for a while and now it is holding on to the higher levels. The company is a EMS (Electronic Manufacturing Services) and provides them to the listed companies. On the monthly charts, the stock has been travelling and given 150% returns in the current year. Much of the movement is given this year and still the targets of 20k is being recommended by some rating services company. As for now the stock is holding on to the higher levels and creating a Flag and pole pattern. 400 points range the stock is consolidating and the bullish flag break out can take the stock to the higher levels. A low volume accumulation in happening in the stock and the target levels of around 17800 can be seen in the coming weeks. Targets :- 16700, 17700 Wait for the price action around the break out level and enter as per the setup.
NSE:DIXON
by Mambotrade
Jyoti Structures cmp 29.87 by Monthly Chart view since listedJyoti Structures cmp 29.87 by Monthly Chart view since listed - Support Zone at 21.50 to 24.50 Price Band - Volumes have spiked up heavily over the months of October 2024 and November 2024 - Weekly basis Support at 24.50 > 19.25 > 14.50 with Resistance at 35.00 > 41.50 > 48.50 - Stock hit close to 10 odd years high of 41.34 close to the high of 41.83 of December 2014 - Stock has formed Bullish Cup and a Handle and/or Rounding Bottom as one may interpret the pattern - Stock Price well above Older Falling Resistance Trendline and now made a Breakout above 2nd Falling Resistance Trendline
NSE:JYOTISTRUC
by PIYUSHCHAVDA
NIFTY Intraday Trade Setup For 28 Nov 2024NIFTY Intraday Trade Setup For 28 Nov 2024 Bullish-Above 24360 Invalid-Below 24310 T- 24632 Bearish-Below 24120 Invalid-Above 24170 T- 23848 NIFTY has closed on a slight positive note with 0.33% gain today. Since last 3 sessions index has been trading sideways between 24350 and 24120. In daily TF index is consolidating just below 50 EMA. On breakout of 50 EMA in daily TF overall bullish sentiment will be triggered across sectors. 24360 and 24120 are intraday levels for tomorrow. Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 24360 then we will long for the target of 24632. For selling we need a 15 Min candle closes below 24120. T- 23848. In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout. ========== I am Not SEBI Registered This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
NSE:NIFTY
by Omahto