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Trendanalysisexplained

Large time frame analysis significanceWho should use this? Larger time frames are used by swing traders and long-term investors who are interested in the overall trend and direction of the market. Advantages? Broader Perspective: They help traders and investors to see the overall trend and direction of the market over a longer period, which can be useful for identifying larger price patterns and longer trend Reduced Noise: This can help traders to filter out market volatility and noise that may be present in shorter timeframes, and focus on more significant price movements and trends that are relevant to their trading or investment strategy. Higher Reliability: Longer timeframe candlesticks represent a larger sample of price data and are less prone to false signals or market noise. This can result in more reliable and accurate technical analysis, which can be beneficial for making informed trading decisions. Less Frequent Trading: A more relaxed trading approach or having limited time for actively monitoring the markets. Note: it's important to carefully consider your trading or investment strategy, goals, and risk tolerance when choosing a timeframe to use in your analysis. It should suit your personality and characteristics. You should keep a track of global indices and fundamentals before estimating the next move.
NSE:NIFTY1!Education
by OK_Rane
TRIVENI ENGINEERING - 83% RETURNS!!!BUY - TRIVENI ENGINEERING CMP - Rs. 284 Target - 1: Rs. 320 Target - 2: Rs. 520 . . Technicals - 1) Bullish Symmetrical Triangle nearing BO . . Fundamentals - A) SWOT ANALYSIS - 1) Strengths - Stocks with improving cash flow, with good durability. High Revenue and Profit Growth with a High Return on Capital Deployed (ROCE) and Low PE ratio. High growth and High Return on Equity (ROE) with a Low PE ratio. Increasing Revenue every Quarter for the past 4 Quarters. Book Value per share Improving for the last 2 years. Company with decreasing Promoter Pledge. Strong Momentum: Price above short, medium, and long-term moving averages. . 2) Weaknesses - Inefficient use of capital to generate profits - RoCE declining in the last 2 years. Decline in Net Profit with falling Profit Margin (QoQ). High promoter stock pledges. The highest increase in pledges by promoters. . 3) Opportunities - Brokers upgraded recommendations or target prices in the past three months. Undervalued Growth Stocks. Positive Breakout Second Resistance ( LTP > R2). 30-Day SMA crossing over 200-day SMA, and current price greater than open. High Momentum Scores (Technical Scores greater than 50). Stock with Low PE (PE < = 10). Companies in Water Resource/Management. . 4) Threats - 0 . . This is just a view by an expert analyst, please trade at your own risk. . . Follow me for more!
NSE:TRIVENILong
by nilakshgupta
MANAPPURAM FINANCE - 87% RETURNS!!!BUY - MANAPPURAM FINANCE CMP - Rs. 130 Target - 1: Rs. 157 Target - 2: Rs. 209 Target - 3: Rs. 264 . . Technicals - 1) Cup and Handle Pattern BO . . Fundamentals - Manappuram Finance Limited is a retail credit product and financial services provider in India, primarily through its gold loan business. 1) According to the company's financial snapshot, the Price to Earnings Ratio and EV to EBITDA ratios indicate that the company is undervalued. 2) The Debt-to-Equity ratio has decreased, and the book value has increased. The company has seen a steady increase in total assets for the last three years, along with a good return on equity and a good net margin. . . This is just a view, please trade at your own risk. . . Follow me for more!
NSE:MANAPPURAMLong
by nilakshgupta
SEIL - 300% RETURNS + SWOT ANALYSIS !!!BUY - STEEL EXCHANGE IND CMP - Rs. 16 Target - 1: Rs. 21 Target - 2: Rs. 32 Target - 3: Rs. 64 . . Technicals - 1) Bullish Flag nearing a breakout. . . Fundamentals - Steel Exchange India Limited (SEIL) is a leading manufacturer and supplier of a wide range of steel products in India. The company was established in 1999 and is headquartered in Hyderabad, Telangana. SEIL is listed on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). 1) Financial Performance: SEIL's revenue for the fiscal year 2020-2021 was INR 4,705.85 million, up from INR 4,176.54 million in the previous year. Its net profit for the same period was INR 70.24 million, up from INR 28.57 million in the previous year. The company's EBITDA margin for the fiscal year 2020-2021 was 7.32%, up from 6.63% in the previous year. 2) Strengths: a) Diversified product portfolio: SEIL offers a wide range of steel products including TMT bars, wire rods, billets, and sponge iron, catering to the needs of various industries such as construction, infrastructure, and automobile. b) Strong distribution network: SEIL has a wide distribution network of more than 500 dealers and distributors spread across India, enabling it to reach a large customer base effectively. c) Focus on sustainability: SEIL has a significant focus on sustainability, with its manufacturing plants being energy-efficient and environmentally friendly. d) Strong financial performance: SEIL has consistently delivered strong financial performance, with steady revenue growth and improving profitability. 3) Weaknesses: a) Dependence on the domestic market: SEIL's operations are primarily concentrated in India, making it vulnerable to the economic and political conditions in the country. b) Exposure to raw material price volatilities: SEIL is exposed to the price volatilities of raw materials such as iron ore and coal, which can impact its profitability. c) Intense competition: SEIL operates in a highly competitive market, facing competition from both domestic and international players. 4) Opportunities: a) Growth in the construction and infrastructure sector: With the Indian government's focus on infrastructure development, SEIL can benefit from the growth in the construction and infrastructure sector. b) Increasing demand for steel: The demand for steel in India is expected to increase in the coming years, driven by various factors such as urbanization, industrialization, and increasing disposable income. c) Expansion into international markets: SEIL can explore opportunities to expand its operations into international markets, leveraging its strong product portfolio and distribution network. 5) Threats: a) Economic and political instability: Any economic or political instability in India can impact SEIL's operations and financial performance. b) Regulatory changes: Any changes in the regulatory environment can impact SEIL's operations and profitability. c) Fluctuations in foreign exchange rates: SEIL's exposure to foreign exchange rate fluctuations can impact its profitability. . . . Follow me for more! . . This is just a view by an expert analyst, please trade at your own risk.
NSE:STEELXINDLong
by nilakshgupta
1
LAXMI ORGANIC - 77% RETURNS!!!BUY - LAXMI ORGANIC INDUSTRIES LTD CMP - Rs. 265 Target - 1: Rs. 321 Target - 2: Rs. 377 Target - 3: Rs. 469 . . Technicals - 1) Bullish Bat, Sea Pony, Anti Nen Star Harmonic Patterns. 2) Trendline Breakout . . Fundamentals - 1) Sales growth is growing at a healthy rate in the last 3 years 27.94%. 2) Net Profit is growing at a healthy rate in the last 3 years 38.96%. 3) Sales growth is good in the last 4 quarters at 24.95%. . . Follow me for more! . . This is a view by an expert analyst, please trade at your own risk.
NSE:LXCHEMLong
by nilakshgupta
BREAKOUT IN MAXHEALTHBUY - MAX HEALTHCARE INSTITUTE CMP - Rs. 471 Target - Rs. 710 . . Technicals - 1) Bullish Symmetrical Triangle BO 2) Multiple Resistance BO . . Fundamentals - 1) Financial Analysis: Looking at the financial performance of Max Healthcare, we can see that the company has shown consistent growth over the years. The revenue of the company has increased from INR 2,880.56 crore in FY2019 to INR 3,247.76 crore in FY2021, which is a CAGR of 12.6%. The company has also been able to maintain its gross margins at around 27-28% over the past three years. However, the company has been reporting losses for the past three years due to high finance costs and depreciation expenses. The company's debt-to-equity ratio stands at 1.5, which is higher than the industry average of 0.6. The high debt levels can be attributed to the company's expansion plans and investments in new hospitals and diagnostic centers. However, the company has been able to service its debt obligations without any major issues. 2) Valuation: Max Healthcare's current market capitalization is around INR 7,000 crore, and the stock is trading at a P/E ratio of around 108x. This valuation seems high compared to the industry average of 28x. However, the high P/E ratio can be justified by the company's growth prospects and the potential for higher profitability in the future.
NSE:MAXHEALTHLong
by nilakshgupta
BREAKOUT - VA TECH WABAG LTDBUY - WABAG CMP - Rs. 354 Target - 1: Rs. 515 Target - 2: Rs. 710 . . Technical - 1) Trendline BO 2) Cup and Handle(nearing BO). . . Fundamentals - 1) VA Tech Wabag Limited (NSE:WABAG) is considered a reasonable investment option due to its current share price increase of over 10%. Its price-to-earnings ratio of 12.34x is lower than its industry peers’ ratio of 13.03x, indicating a fair valuation. 2) Additionally, the company is expected to see a profit growth of 42% in the next two years, which is encouraging. . . Follow me for more!
NSE:WABAGLong
by nilakshgupta
TATA MOTORS Weekly ChartAccording to the weekly chart analysis, TATAMOTORS has been experiencing a prolonged downtrend. However, there is a possibility of a significant upward movement if the stock breaks out of this downward trend. TATAMOTORS is the largest player in the electric vehicle market in India, making it an attractive investment opportunity. As a result, we are monitoring the stock closely and waiting for a breakout of the downtrend to take advantage of the potential profits that could be made.
NSE:TATAMOTORSLong
by HSJNFinWisdom
BANKNIFTY ANALYSIS FOR TOMORROW 14th MARCH 2023BankNifty Analysis for Tomorrow 14th March 2023 As per our analysis for Bank Nifty, we are expecting these below levels tomorrow, kindly check the charts on 15 min time frame and act accordingly. Previous Close : 39564.70 Buyers can be active above : 39564.70 Level = TGT 1 : 39784 | TGT 2 : 39936.40 | TGT 3: 40061.80 Sellers can be active below : 39478 Level = TGT 1 : 39378 | TGT 2 : 39289.05 | TGT 3 : 39203.75 Disclaimer : All the provided levels are for educational purpose only, please do your own analysis before doing any trade in the live market or consult your financial advisor before act. Follow Us On For More Updates in Future. If, you have any questions or queries, please post in comments. (click on boost button below so that these levels will reach to maximum number of users on TradingView)
NSE:BANKNIFTY
by MarkitVUE
1
BANKNIFTY FUTURE ANALYSIS ON 1 HOUR CHARTBANKNIFTY FUTURE ANALYSIS ON 1 HOUR CHART WE ARE EXPECTING THAT BANKNIFTY CAN TOUCH 40600 LEVELS WITHIN NEXT 2 OR 3 DAYS AROUND. IF BANKNIFTY FUTURE DOESN'T SUSTAINED ABOVE THESE LEVELS 40600 THAN IT CAN RETEST AGAIN 39900 LEVELS IN THE UPCOMING DAYS. ONCE IT WILL RETEST AFTER THAT WE CAN AGAIN EXPECT 42000 LEVELS IN THE MARCH EXPIRY ONCE AGAIN. (Please check our previous analysis which we have shared previously for the BankNifty, however target got achieved and analysis based trade has been closed) DISCLAIMER : ALL THE LEVELS MENTIONED ABOVE ARE JUST FOR THE EDUCATIONAL PURPOSE ONLY, PLEASE DO YOUR OWN ANALYIS BEFORE TAKING ANY TRADE IN THE LIVE MARKET OR CONNECT WITH YOUR FINANCIAL ADVISOR FOR THE CONSULTATION ABOUT FINANCIAL POINT OF VIEW.
NSE:BANKNIFTY1!
by MarkitVUE
Technical Analysis of NIFTY50 index on 4H chart.Technical Analysis of Nifty50 index on 4H Chart by using exponential moving averages of 20, 50, 100 and 200 periods. Also we use Fibonacci Retracement for the analysis of levels. As we know that the market moves in the cycles of Expansion and Contraction. EMA (20,50,100,200) 1) EMA lines are contracted after the expansion. 2) The 50ema and 200ema are almost on the same levels. 3) The 50ema also crossed down 200ema line. 4) On the top we have 200ema then 50ema/200ema and at the bottom 20ema line. 5) 20ema line cross down all the ema lines. 6) During contraction the symmetry of ema lines are disordered. Fibonacci Retracement We draw the Fibonnaci Retracement by using the low of 16746.80 and high of 18898.30 1) The Index is undergoing the retracement of 50% (17822.55) Conclusion: - The Index is going through the Time Wise Correction. It may spend some time on these levels. - From these levels the Risk/Reward is not favorable. - From these levels we cannot conclude any directional move. - Wait for the breakout/breakdown of Resistance (18202) / Support (17352)
NSE:NIFTY
by ssvirdi
Time and Growth percentage of different waves.Hello Traders! We recently saw the market analysis of Nifty50 using Elliot wave theory. Elliot wave theory can be very accurate when it comes to the market. You can get the analysis wrong, but if you apply the theory correctly, it can help you in more ways than one . 1. As we see on the chart, Wave 1 and Wave 3 were completed in 62 days each . This is not just a coincidence but an actual observation in Elliot Waves where impulsive waves tend to be in equality or in ratio when it comes to time taken to complete each wave. Since, Wave 1 and Wave 3 took 62 days each, it's very probable that Wave 5 will also take 62 days to complete, i.e., 16th March 2023. Now, the question might be, how does this help? As traders, we now know that we have to look for long positions till 16th March 2023 . We know the trend. Trading against the trend is fun, but only when you have enough to lose a little. We also know that the downtrend will begin after 16th March 2023 and hence, we will look for shorting positions thereon. Isn't the date a bit too convenient? Why is Mid-March so hyped ? 2. Let's come to Growth percentage. The market grew around 18% in Wave 1 and around 12% in Wave 3 . This gives us a ratio of 1.5 and that gives us a value of around 8% for Wave 5 . The Nifty50 market will grow 8% which gives us a target of 19200-19300 for Wave 5, again . When dealing with Elliot Waves, we put the most number of 'coincidences' possible in one single bag and then go for the bag. Just too many reasons to expect a good, nice fall from 19200-19300 for a very trending market. 3. Previous analysis attached. Do refer if needed. The world moves in harmony. And so do the markets. All they need is an observer. Be one. Happy observing! Profits, Market's Mechanic.
NSE:NIFTY
by UnknownUnicorn27677748
2
ONGC analysisIn this chart I've shown The white lines as support and resistance. once there is a breakout on either side The red and green lines are the targets on each side. But the MACD has both EMA lines going upwards so The trend is probably going to be in bullish side. Analysis Dated on 30/12/2022 So, the BULLISH trade would be: Buy: 151 (if clear breakout) Target-1: 157 Target-2: 167 the Bearish trade would be: Sell: 139 (if clear breakout) Target-1: 132 Target-2: 125 Correct me if I'm wrong on my analysis technique cause I'm still a beginner with technical analysis and open to corrections, new ideas, suggestions, etc..
NSE:ONGC
by hajariparth28
1
Bank Nifty Will Fall Expecting For 19-12-2022 As per my analysis, Bank Nifty Closed at 43216 and also broken this parallel channel in the last Friday session, I am expecting Bank Nifty Can Open Gap Down Around 100 to 120 Points, Near Around 43100 than It can Retrace till 43260-43290, If Not Break 43300 than we can expect again downfall till 43900, as per chart of 1 hour, 43900 is a strong level for tomorrow. It's my observation based on my experience, if you have any suggestion or feedback, please feel free to comment below. I will be more happy to discuss about it. MarkitVUE Disclaimer : Information provided here meant for study/education purposes only & should not intended to as a trading/investing advice.
NSE:BANKNIFTYShort
by MarkitVUE