Lack of clarity- overall great riseNvidea recently cooled off
Going into a sideways correction
Sales have been hit
But, new product mix and better servers and Cloud solutions in GPU's are coming out
Volatility
Sterlite technologies bullish and gaining strength on daily timesterlite technologies is bullish and gaining volume, it recently bagged the order from bsnl and is gaining strength on daily time frame, keep the SL at 114 and enjoy the move till 135 zone which looks easy for next available supply zone is there
CIGNITITECCIGNITITEC came out from relative volatility moment i.e. volume contraction and BO with 4.454 m volume. Technically shows pin-point entry point with candle low stop loss with the help of V stop indicator.
Pullback With Good Volumes Testing 100 EMANSE:MAHLIFE has given today's pullback with good Volumes and is now testing 100 EMA on a daily timeframe a close above 616 and 100 EMA will be Crucial.
Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
SBC - Volatility Contraction Pattern (VCP) - Breakout -DailyAlways welcome for any comments with your feedback, or give it a like if you find it useful.
Name - SBC
Pattern - Volatility Contraction Pattern (VCP)
Timeframe - Daily
Status - Breakout
Volume - Very good volume
Cmp - 35.33
Target - 45
SL - 32
SBC Stock gave breakout on 5th Sep with very good volume.
Currently it looks like retesting the breakout level -32.
What is the Volatility Contraction Pattern (VCP)?
The VCP is a chart pattern that shows a series of price contractions, where each contraction is smaller than the previous one. This pattern typically forms during a consolidation phase after a significant price move. The idea is that as volatility decreases, the stock is preparing for a breakout.
Strengths
The company has shown a good profit growth of 74.06% for the Past 3 years.
The company has shown a good revenue growth of 19.74% for the Past 3 years.
Company’s PEG ratio is 0.86.
The company has an efficient Cash Conversion Cycle of 53.09 days.
Limitations
Promoter pledging has increased from 16.22% to 18.24% in 1 quarter.
Company has negative cash flow from operations of -11.79.
The company has a low EBITDA margin of 3.60% over the past 5 years.
The company is trading at a high PE of 84.37.
The company is trading at a high EV/EBITDA of 54.49.
POSITIONAL Trade Idea - HindcopperBeautiful rounding bottom breakout and now retest happening. Stock taking support at 10 and 20 EMAs on weekly time frame. Targets are marked.
**Only for educational purpose. It is not a buy or sell recommendation.
A Classic VCP Example.#GENESYS is a Classic VCP Example, according to the chart pattern going long is the only option from here, but then again this is stock market, teaches us a new pattern every day.
29W, 43-16, 4TIt may take 7T at least to gain strength and breakout. 5-6 Weeks wait is imminent.
Entry after 7T Pivot Point.
KWALITY PHARMA - Bollinger Band ExpansionOn Weekly chart Bolling band is expanding on upside with high Volumes. Can show good momentum in coming week. Support is 637 and Target can be 1015
NSE:JETFREIGHT: Bullish Breakout with Significant Volume SupportSummary:
NSE:JETFREIGHT Jet Freight Logistics Ltd NSE:JETFREIGHT has recently exhibited a strong breakout following a period of consolidation, supported by robust trading volume. The company’s fundamentals show a mix of strengths and weaknesses, with notable performance in certain areas, making it an intriguing candidate for short-term trading opportunities.
Fundamentals: NSE:JETFREIGHT
High Shareholder Yield: Indicates strong returns to shareholders
Significant Return Over Last Week: Demonstrates recent positive momentum
Prominent Player: Well-established in the Air Freight & Logistics industry
Low Revenue Valuation Multiple: Suggests the stock may be undervalued compared to its revenue
Weak Gross Profit Margins: A potential concern for long-term profitability
Stock Behavior: Often moves in the opposite direction of the market, indicating unique trading patterns
Technical:
Strong Breakout: Indicates a bullish trend
Little Consolidation: Stock consolidated briefly, suggesting a base is forming
Breaking Out of Box: The stock is breaking out of a defined range, signaling potential further gains
Strong Volume: High trading volume supports the breakout, indicating strong investor interest
NSE:JETFREIGHT
#RUBYMILLS on the weekly chart analysis#RUBYMILLS Weekly Chart Analysis 📊
◽️ Volatility Contraction : A tightening of price range has been observed.
◽️ Volume Surge : Recent increase in trading volume suggests growing interest.
◽️ Breakout Potential : Breakout with volume confirmed on both weekly and monthly timeframes.
◽️ Short-Term Target : Potential for a 25-30% move, with a target around 30%.
📌 Disclaimer : This analysis is for educational purposes only and is not a buy or sell recommendation.
Keep an eye on this one! 📈
Keep learning. All the best.
Jubilant food:-This reversal can fill your portfolio's hunger!Jubilant food has been underperforming since few years.
Stock has formed strong positive RSI divergence at confluence of supports.
Above 500, reversal will start and above 600 , reversal will be confirmed.
Valuation wise, not a good stock but RSI divergence stock are known to give quick, big moves.
All positional traders shouldn't miss this stock
BTCUSDT Scalping - Sell Opportunity Bollinger bands are being used here to identify the scalping opportunities. As the price has rejected from the upper band and broken the low of rejected candle, initiated sell order.
Skipper forming HHs-HLs, and ready to breakout?-From strong sector
-making Higher Highs - Higher Lows (HHs-HLs)
-VCP (contraction in price)
-Volume Spikes
-Long Base
-Bounced from 21 ema
ATH breakoutGood volume buildup in daily as well as in weekly timeframe.
All-time high breakout with good volume buildup and highest volume buildup in the last one year.
But the candle has made long wick, wait for conformation or retest at 3400~3200 zone.
The share price moving in a parallel channel trend after the FII stakes has increased.
Fundamental are good.
FII & DII stakes are increased significantly.
NOTE: I do my analysis, do yours before trade.
bajaj holdings & investments consolidating buying opportunity
->bajaj holdings conatins bajaj finserv,baja auto ,bajaj finance (results on jan 20 2020)where everything hit all time high
->but bajaj holdings still trading below precovid levels still lacking 25% from precovid level of 3900,
->& results are there on jan 21 ,and bajaj finserv might also get banking license mostly the event is expected by jan15,
->if we look at valuations usually any holdings company will trade at 60% of their ture value, even factoring that bajaj holdings should trade at 5000 but still at 3100 (5000 i am expecting based on my analysis of financial report of bajaj holdings and investments 2019-2020)
->fundamentally it is like a mini mutual fund, mainly consists of bajaj group companies mentioned above along with
other companies like
Bajaj Auto Holdings Ltd
Maharashtra Scooters Ltd.
Bajaj Electricals Ltd.
Mukand Ltd.
Hercules Hoists Ltd
Mukand Engineers Ltd
and investments in companies like nse , bse , etc(there many read financial report 2019-2020 to know more )
so i think it is good pick for long term which is also diversified in risk & now the share is consolidating it might breakout in jan itself as other bajaj group companies results are also there in jan and are at all time high ,bollinger bonds are also contracted in day chart,
rsi at 56.8 and mfi 51.1 as of jan 1 2021,
and some analysis i did based on bajaj holdings and investments financial year report 2019-2020 where bajaj holdings holds the following shares
1. Bajaj Auto Ltd. --------> 35.77% (results on jan 21 2020)
2.Bajaj Finserv Ltd. -------> 41.63 (results on jan 20 2020)
3.Bajaj Auto Holdings Ltd.----> 100%
4.Maharashtra Scooters Ltd. ---> 51% (results on jan 18 2020)
so those are bajaj holdings holds the above mentioned % of shares in those companies and those companies results are mentioned above and bajaj holdings result is also there on jan 21 2020
mostly results will be +ve and finance serv banking licence news might also trigger bajaj holdings along with finserv so in short term we may expect 3300-3500 and in long term 4000-5000
dis claimer :- this is not an investment advice just my opinion trade at your own risk ,
thank you this my first idea i am publishing plz support :) if you like it
thanks for reading
jayasurya gunturu
Bombay dyeing- Breakout might be coming soonBombay dyeing is looking strong to give a multiyear breakout.
If breakout is successful, we might see explosive moves in this stock.
Hence, prebreakout entry is always beneficial since we get better risk reward as well.
Medium probable setup and bad technicals of company are red flags which makes this idea more riskier.
Not a recommendation, just a personal opinion.
Data Patterns, a defence and aerospace proxy ready to move?-In a very long base, last time it breakout long base gave 80% move in just 20 days. (always read history of stock how it move, how to form base, how it react to moving averages, how volumes come etc etc)
-from strong sector (sector is always imp as strong sector's stocks move faster)
-Good shakeout and Fake-out also there means kicking weak players by hunting their SLs (stoplosses)
-Inside Bar on latest candle
-Volatility contraction
HBL Power, DTL BO anticipationHBL power from strong sector,
-gave signal when gap up with vol n consolidating good there
-DTL BO anticipation (DownTrendline Breakout)
-Volatility Contraction in price
-Tightness
ITDC, from strong sector with simple horizontal line setup-One Simple Horizontal Line setup
-Setting up well with volume, Signal Candle (more than 5% move with more than 1M vol) suggesting institution buying
-Volumes kicking in
-Tightness
Paras defence-IHNS pattern formationParas defence is a stock from defence manufacturing sector.
Stock has formed inverted head and shoulders pattern.
Risky traders can enter before breakout for better risk reward.
Stock will fly once the neckline is crossed. Decent stock for long term as defence sector is major beneficiary of India's Make in India program.
Two ConformationGood volume build in daily and weekly timeframe.
Support taken at 200ema except volatility.
Breakout of trendline and ATH in daily and weekly time frame with good volumes.
NOTE: I do my analysis, do yours before trade.
Mazdock, setting up again with other defence stocks. -Posted great results. Whole defence sector strong.
-Breakout from long base.
-After 4th July (Election result day) volatility bloodbath, recovered fast n filled that big red candle.
-Tightness
- Lots of white dots (5% move with 1M volume) suggests big institutions are behind the stocks, retailers cant create that much volume.
-Downtrendline tested 3 times.
