Buy | India Glycols Ltd Potential Return 40%India Glycols Ltd
Buy Range 750-780
Target 1000/1140
Potential Return 40%
Duration: 6 months
BSE: 500201 | NSE: INDIAGLYCO | SERIES: EQ | ISIN: INE560A01015 | SECTOR: COMMODITY CHEMICALS
Upmove
Indus tower near a strong demand zoneIndus tower is in continuous downtrend and now, it is on a strong weekly demand zone.
A small pull back, at least can be expected from this level. Even for a continuation of bear trend, a lower high has to be made.
However, entry can be confirmed only when there is a small breakdown from the level and subsequent strong buying is done, i.e. a bear trap.
BALKRISIND: Expecting a BIG UPSIDEThe Chart of BALKRISIND Looks ready for an upmove. One can keep this stock in there watchlist for Swing Trade.
CLEAN: Clean can get you Clean returns!CLEAN SCIENCE Chart looks good. A proper base formation is taking place.
Fundamentals are good. A profitable company, with increasing profits every year.
navkar corporation as you can see in chart of navkar
stock has crossed the weekly resistance and has chances to move upto 25-30%
stop loss and target is given on chart
JM FINANCIALHi, in this chart i drew a good demand level for long in JM FINANCIAL...please Observe this levels and Analysis your own... Don't Take any orders Based on this Chart because this is just Observation purpose only.
I Observed these Levels based on price action and Demand & Supply which is My Own Concept Called "PENDAM ZONES" ... Don't Take any trades based on this chart/Post...because this chart is for educational purpose only not for Buy or Sell Recommendation.. Thank Q
J K Cement Analysistechnical analysis of J K Cement:
-The RSI is at 53.7, which is considered neutral.
-The MACD is positive and rising, which is a bullish signal.
-The ROC is positive and rising, which is also a bullish signal.
-The 50-day moving average is at 3052.56 and the 200-day moving average is at 3138.38.
The stock is currently in a channel pattern in the daily time frame.
The price is currently moving up and could be either wave C or wave 3 of an Elliott wave pattern.
If the price continues to move up, the next target could be 4100.
It is important to note that these technical indicators are only a snapshot of the current market conditions. They can change quickly, and it is important to keep an eye on them for any changes.
fundamental data of J K Cement:
Market capitalization: ₹23,213.7 crore
EPS (TTM): ₹10.71
PE ratio (TTM): 16.07
Dividend yield (TTM): 2.05%
Revenue (FY22): ₹11,478.9 crore
Profit (FY22): ₹1,831.8 crore
Here are some additional factors that could affect the price of J K Cement:
Economic conditions: The overall health of the economy can have a significant impact on the price of stocks.
Competition: The level of competition in the cement industry can also affect the price of J K Cement.
New product development: If J K Cement is able to develop new products that are in demand, this could lead to an increase in the price of the stock.
Mergers and acquisitions: If J K Cement is involved in a merger or acquisition, this could also affect the price of the stock.
Overall, the technical indicators suggest that J K Cement is in a bullish trend. However, it is important to keep an eye on the overall market conditions and other factors that could affect the price of the stock.
Banknifty possible view Banknifty view for coming days. as per Saturdays closing of SGX nifty it indicates that market is going to open lower for Monday. if it sustain at that level then there is possibility of bank nifty going upward is high.
Is Wipro ready for breaking the long consolidation phase ?NSE:WIPRO is fundamentally sound script. As of now there are no reversal signs in chart patterns but investors can consider this 385 range as a buying opportunity. I Expect target levels of 425 in upcoming quarter.
Cummins India - Good Bullish MomentumKey Points:
- On daily TF this stock showing strong up move momentum from last 6 months
- RSI crossed 70 and above RSI MA
- All EMA crossed and good potential of up move
In Gujarati “ Bhav is Bhagwan ”
Disclaimer :
I am not a SEBI registered Analyst.
Please do your own Analysis before taking any trade/investment.
The above view is just for educational purpose only.
REC Ltd Looks BullishREC Ltd looks bullish, as it it testing its resistance multiple times, and now can give a breakout above it.
It has also consolidated for good time just below the resistance and trying its attempt again.
Do watch the chart.
Deepak fertilizer looks strongDeepakfert is looking ready for an upmove. It has bounced after taking support thrice from a strong trend line. It has also broken out from downtrend. RSI is now above 50 which also gives the same signal.
The stock looks strong if it gives a closing above 650-660 levels which is its 30 DEMA for about 10% upmove.
THis is my personal analysis only for educational purposes.
MapMyIndia is showing way to UP moveNSE:MAPMYINDIA
aka CE info system is showing way to UP move
target 1372+ 15% + from this level.
Buy above 1190
MINDTREE - Another Giant Getting Ready - Cup & Handle BreakOutNSE:MINDTREE has given breakout of cup and handle pattern along with gaining 200 EMA on DTF. I would wait for a retest candle before initiating long trade. SL would be 3274 for possible targets marked on the chart
Let's see which way the story unfolds. Happy Trading!
Disclaimer -
- The view expressed here are my personal views. I am publishing this for my own records and what I see on charts.
- If you're referring to this, please consider this ONLY FOR educational & research purposes.
- Past performance is not a guarantee for future predictions
- Any decision you take, you need to take responsibility for the same. DO NOT consider this as an investment suggestion.
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- Do your own analysis and consult your financial advisor before investing.
TIA!
PAYTM in demand zone hi friends ..
can PAYTM up move from here ?.. yes..
there is little up move .. i think 10 - 15 % up move possible
PAYTM is now in demand zone and there is green bullish candle with good volume .. if previous day candle high 553.10 is break .. than enter.. with SL 526.90 .. for target 10-15 % up move
COFORGE - Getting Ready For UpmoveNSE:COFORGE has managed to close above all EMAs 20/50/100/200 along with a spurt in volume . After making double bottom in Sept 2022, it seems the trend is changing with an up-move seen in IT index. Considering the momentum in NSE:CNXIT , this could move towards 4800, 5100 and 5900 levels. Also something interesting is that relative strength is almost at 0 as compared to Nifty50.
Seems COFORGE is getting ready. SL should be 3200 on DCB
Let's see which way the story unfolds. Happy Trading!
Disclaimer -
- The view expressed here are my personal views. I am publishing this for my own records and what I see on charts.
- If you're referring to this, please consider this ONLY FOR educational & research purposes.
- Past performance is not a guarantee for future predictions
- Any decision you take, you need to take responsibility for the same. DO NOT consider this as an investment suggestion.
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- Do your own analysis and consult your financial advisor before investing.
TIA!
Zodiac Clothing looks Technically PromisingZodiac Clothing successfully broke out an Inverse H&S pattern in the last trading session. Buy the stock above 113 with SL 107 with a target of 130 within one to 4 weeks
AARTIDRUGS upward move expected.Prediction: Expected min 20% steep rise in upcoming days. As per the chart, diagonal pattern is formed in daily TF and also a smaller diagonal was formed at the minute wave 5 where price has given a breakout. Aarti drug has corrected almost 58% from its High.
Note - View's provided are for Educational purposes only, please do your own Research.
Entry available in Trending Stock!!!!As, the title says entry available in trending stock GREENPANEL, yes as the chart shows
whenever it takes support on 20 weekly moving average it makes new high after which it shows
it's rocket move.
And, now is that time to enter for rocket move also MACD histogram has turn positive which indicates
the up move pending in near future.
GODREJ PROPERTIES LONG TERM BUYING OPPORTUNITYGodrej Properties have corrected a lot from highs but now it is taking a support at long term trendline. Realty sector is fundamentally good for next 5-10 years to this correction looks like a good opportunity. The deal with DB Reality is off which Initially had a negative impact on the stock. Also due to overall correction in market and reality sector it is at its 52 week low. So good buying time!
JUBILANT INGREVIA - LONG- Recent downside move of 34.33%
- ADX turning downwards (both adx & -ve DMI)
- "Morning Star" pattern on Daily chart with adequate volumes
- RSI at level 40 from below to upwards
Today's closing above the bearish candle on 14 march'2022 , should trigger an up-move and the target can be 513-518 levels (13%)
TRENDLINE BRAEKOUT IN ABCAPITAL In chart as you can see previously trendline which I have drawn as a channel there in chart has acted as a strong trendline resistance, price got pushed down every time it touched the zone/trendline/resistance channel. A Strong Breakout with such huge/unusual volume can be seen in chart and also breakage in (Lower Low) LL- (Higher High) LH cycle, can be a good pick for medium term or for like 5-8 weeks. Can be bought here at these current levels or else go for buy on dip till 112-113 level for the given targets in the chart with strict Stop-Loss of 110 level (candle closing below basis only) . Consider booking partial profits at/near/around given targets.
ABOVE POSITION/ENTRY IS SUGGESTED ON THE BASIS OF DESCENDING TRENDLINE BREAKOUT. TAKE THIS STUDY AS A EDUCATION, DO YOUR ANALYSIS BEFORE TAKING/ENTERING INTO THE TRADE.
THIS VIEW OF MINE IS PURELY BASED ON TECHNIAL CHART AND FOR EDUCATIONAL PURPOSE ONLY, BEWARE OF NEWS AND OTHER FACTORS WHICH CAN AFFECT THE MARKET SENTIMENT OR ANY PARTICULAR STOCK/SECURITY.
