TATA CHEMICALS - Short Term Price consolidate since March 2024 and price is near long term support line. Price breakout this week and we can expect 100 Rs profit in this stock in short term. Also, fundamentally strong stock.
Trianglebreak
HMVL - Triangle Breakout in DTFPrice consolidating since this year start and it breakout with good volume in DTF. This stock can be considered for short term gain. SL should be around 88 Rs.
KOTAK MAHINDRA BANK - Breakout LongPrice consolidating since 2021 and it breakout the triangle now. Also, price rise from the black colour trendline which respected since 2014. Good Time to enter in this Large Cap.
Triangle Pattern BreakoutThe stock has broken a 7 year Triangle with 6x volumes and has been in consolidation since 2 months. Can accumulate between 223-253 for a long term target of 434/940.
MCXtriangle squeezer BO pattern
there were two zone created for resistance and support both are clearly highlighted
GEEKAYWIRE - Breakout and retest GEEKAYWIRE - Breakout and retest observed in Geekay Wires, the breakout was with good volumes.
This stock has excellent fundamentals and a classic compounder chart patterns. The company has been a very good performer with very impressive clientele.
This can be both a swing and long term option.
Note: These views are personal and for educational purpose. Please conduct your own research when investing.
HIKAL Triangle BreakOutHikal has given a Breakout from triangle pattern with high volumes on 1D timeframe. It is apparently retesting its resistance. Go long on bullish confirmation.
Can you again win with JIOFIN ?After the breakout from the descending channel, retest seems to be complete.
This company needs no introduction. Right !!!
BAJAJFINSV - Breakout after 2 years BAJAJFINSV - Breakout on the weekly timeframe after 2 years.
The stock has been trading in a the same range for around 2 years and finally out of the zone and expected to finally give a good upside rally in the coming weeks, months.
Those who are looking for a medium - long term investment opportunity in a well established company, this is an ideal option.
Please do you OWN RESEARCH before making your buy/sell decision, these views are my personal views only.
SBICards-Can it finally make a comeback?SBICards has been underperforming since last few years.
700-730 has proven to be a strong demand zone for the stock historically and looks like history is getting repeated.
950-1000 is a strong supply zone. Once it is broken, we can see this stock fly to new highs.
Currently, stock is a perfect example of buy low, sell high.
BankNifty ( Elliott Wave) - Will 51700+ Be The Short Term TopDisclaimer:
This is not a solicitation to buy or sell any financial instruments. Please consult your financial advisor.
Explore the latest Bank Nifty analysis with WaveTalks. Will 51700+ be the short-term top? Discover insights and potential market moves as we decode the whispers of the market. Stay informed with WaveTalks - Market Whispers!
Let's Jump In ...
As discussed in the last idea published on 29th August, it was suggested that holding the 50938 / 50939 critical level, Index can make new highs beyond 51404 which is very much possible. The market tested traders' patience on Friday, 30th August, and continued to do so on Monday, 2nd September, and even on 3rd September, with many feeling the urge to give up. However, bulls were fortunate as a last-minute explosive move took BankNifty from 51400 to 51750—a 350-point jump towards the end of the session.
Now, with U.S. markets trading in deep red, with major indices like S&P, Dow, and Nasdaq all down more than 1%, the big question arises: Has the BankNifty pattern we’ve been discussing since last week finally completed? Are we about to fall below 50939, potentially slipping down to the 50300 support level?
Only time will reveal the answers to these questions.
KRISHNA PHOSCHEM LTD - Long for short termA stock has been forming a triangle pattern since February 2023. It broke out of this pattern in June 2024 but then fell back to the resistance line. Now, it has found support there, and a strong green candle has formed.
First target: 300 points higher
Stop-loss: 235
This is for educational purposes only.
This is for education purpose only.
VERANDA Giving a Good BreakotVeranda Learning Solutions Ltd. engages in the sale of comprehensive learning programs. It offers training programs in test preparation for all competitive exams in India and abroad. The company was founded on November 21, 2018 and is headquartered in Chennai, India.
Keep Stoploss at 278 and I'm for a first target of 10% and the Trail it with 10 or 20 EMA...
EMAMI LTDAnnual Revenue rose 4.32%, in the last year to ₹3,624.89 Cr. Its sector's average revenue growth for the last fiscal year was 3.7%.
Quarterly Revenue rose 6.61% YoY to ₹901.94 Cr. Its sector's average revenue growth YoY for the quarter was 3.85%.
Annual Net Profit rose 13.13% in the last year to ₹723.53 Cr. Its sector's average net profit growth for the last fiscal year was 13.57%.
Quarterly Net profit rose 3.09% YoY to ₹148.9 Cr. Its sector's average net profit growth YoY for the quarter was 5.99%.
Stock Price rose 61.48% and outperformed its sector by 50.01% in the past year.
PE Ratio is 37.74, lower than its sector PE ratio of 57.49.
Debt to Equity Ratio of 0.03 is less than 1 and healthy. This implies that its assets are financed mainly through equity.
ROE for the last financial year was 29.57%, more than 20% in the last financial year, indicating an efficient use of shareholder's capital to generate profit.
OCCL - Breakout and Retracement Stock price consolidates since 2016 and formed Symmetrical Triangle formation. Price breakout on July 2024 and rises (60%) which fall back near to breakout price range.
Now, price might come to 225 range or bounce back to All time High.
ALKEM LAB | Triangle Breakout | Swing TradeALKEM LAB | Triangle Breakout | Swing Trade
Chart Analysis
1) Triangle Breakout happened.
2) Breakout conslidation Breakout is happening after triangle breakout.
3) Good volume support
TATA ELXSI Triangle BreakoutTata Elxsi has given a Triangle Breakout on 1D timeframe yesterday with a high volumes. It is apparently retesting its resistance.
It has also formed a Flag pattern on 1W timeframe and attempting to give a breakout on 1W chart.
Satin credit breakout soonTriangle setup, great volumes.
With great fundamentals an NBFC company in heavy consolidation now in momentum
QUESS Triangle Breakout 1WQuess Corp is trying to breakout from Symmetrical Triangle pattern on 1W timeframe. Volumes are currently high. Enter after bullish closing confirmation. Please follow your stop loss and target rules. It has also shown more than 100% yoy EPS growth for past 2 quarters and is currently trading at P/E of 35.
WESTLIFE - Breakout after 1 year (McDonald's India)WESTLIFE - Breakout is seen after 1 year in the daily timeframe. The stocks has been in a good uptrend and shows good signs of growth both technically and fundamentally.
Do you like McDonald's? Well - This company manages all the McDonald's stores in West and South India.
These are my personal views, please do your OWN research before making a buy/sell decision.
BETA - Breakout with a good upside potential BETA - Good breakout is observed in the daily timeframe. This company is a fantastic compounder and has excellent fundamentals and technicals.
There is an immediate upside of around 17% and it can also be a good option for long term holding.
Please do OWN your research before making a decision. These are only my personal views.
Indiamart - Bullish Divergence - Symmetrical Triangle BreakoutIndiaMART InterMESH Ltd. has shown a strong bullish divergence, breaking out from a symmetrical triangle pattern and currently testing a crucial retest level. This setup presents a potentially favorable opportunity, if the support at the trendline holds next week.
Technical Analysis:
Symmetrical Triangle Pattern: The stock has been consolidating within a symmetrical triangle, characterized by converging trendlines of higher lows and lower highs.
Bullish Divergence: The price made a lower low while the RSI made a higher low, indicating a bullish divergence and suggesting weakening selling pressure.
Breakout Confirmation: The price recently broke above the upper boundary of the triangle, confirming a bullish breakout.
Retest Level: The price is currently retesting the breakout level around ₹2,780. If it reverses upwards from this trendline, the setup looks promising.
Disclaimer: This analysis is for informational purposes only and should not be considered financial advice.
1: 3 Risk to Reward - ORISSA MINERALSPrice is respecting the trendline from October 2023 and it breakout the Triangle at 18 June with huge volume.
Now the price is retesting the former resistance line which turned into support now. Also, it seems price will form good Morning star by this weekend.
We can expect it will go to 9000 Rs which is All Time High of this stock.
Please like and share if you like this idea.
Chart is Self Explanatory. I am not SEBI registered advisor and all Ideas posted by me are for Educational Purpose.
