BULLISH on COLPALNSE:COLPAL
The prices have given breakout from the Triangle pattern. The prices are trading above the moving averages which shows bullishness. The MACD is also bullish. The RSI is above 50 which shows good momentum. There is also good volume during breakout. This view is for 1 to 6 months. The Targets and SL are given on the charts.
Disclaimer : This is my own view and analysis. This is for educational purposes. This is not a recommendation, call or a tip.
VOLUMEBREAKOUT
Fairchem Organics Limited - Keep an Eye 📊 Script: FAIRCHEMOR (FAIRCHEM ORGANICS LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: N/A
📊 Sector: Chemicals
📊 Industry: Specialty Chemicals
Key highlights: 💡⚡
📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
📈 Crossover in MACD coming soon.
📈 Double Moving Averages is giving crossover.
📈 Volume is increasing along with price as highlighted in chart.
📈 Script is trading at its resistance level which is 2136, if script is breaking its resistance level it may give rally of 6% around 2274 level.
📈 Current RSI is around 72.
📈 One can go for Swing Trade.
BUY ABOVE 2136
⏱️ C.M.P 📑💰- 2136
🟢 Target 🎯🏆 - 2274
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
Ready to conquer and establish !!!TVSSRICHAK has given a breakout from the pennant pattern, stock was under
consolidation from the last 30 days after a strong up move and now it seems that
it's ready to resume its uptrend.
RSI trying to keep itself above 60 during the period of consolidation which indicates
the strength of the stock.
Buzzing volume further confirms the breakout.
It can make a new swing high above which we can witness levels of 2450.
'SAKSOFT' ready for a 'LOFT'Finally, SAKSOFT has given a breakout from huge consolidation of almost 1yr.
During this period, it constructed a massive inverted head and shoulder pattern whose
depth is 36% and breakout came above 1140.
Both volume and RSI are supporting the up move. RSI is breaching above 60.
Volume has started buzzing despite Nifty IT lacking strength.
The only thing to ponder is stock is going to split on 23rd hence traders who avoid
playing events are advised to be on the backfoot or sit with a tight stop and the event trader
can take an aggressive stance.
Vinyl Chemical Breakout 1. Buy or Sell at your own risk
2. Don't risk more than 1%-2% of your capital as stop loss
3. Position Size formula:- Stop Loss Amount/(Buy Price-Initial Stop Loss Price)
4. Sell on RSI close below 30 (or use any other method of your liking)
5. Some other ways to sell stocks can be
a. 25% or 50% up in three weeks or less
b. Weekly tailing tops with high volume
c. Exhaustion gaps
d. Heavy daily volume without further upside
e. Largest one day price drop
After a consolidation since October 2021, NSE:VINYLINDIA has given a breakout today. Buy with a stop just below ₹291.
Vinyl Chemicals (India) Limited, a Parekh Group Company, is engaged in the business of trading in Chemicals mainly Vinyl Acetate Monomer (VAM), which is imported/sourced from various global suppliers and distributed in India.
Strengths: -
1. TTM Sales growth is at 114% and TTM Profit growth is at 199%.
2. 10 year and 5 year average ROE more than 20%.
3. Debt to equity at 0.01 (less than 1 is good), Interest Coverage at 266 (greater than 3 is good), FCF to CFO at 100%.
4. Dividend yield at 1.55% (consistent dividend payer since 2011).
5. FIIs increased stake from 0.07 in December 2021 to 0.42 in June 2022.
7. ADX > 29 on daily chart
Weaknesses: -
1. March quarter sales growth was at -27%
2. Stock is trading at 6.37 times of its book value
Disclaimer: I am not SEBI Registered. Do trade or invest at your own risk, I am not responsible for any losses and won't claim anything from your profits either. Take financial advices from your advisors before jumping in.
WELCORP (WELSPUN CORP LIMITED) - SMALL CAP📊 Script: WELCORP (WELSPUN CORP LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY INFRASTRUCTURE / NIFTY 500 / NIFTY SMALLCAP / NIFTY METAL
📊 Sector: Capital Goods
📊 Industry: Industrial Products
Key highlights: 💡⚡
📈 Script is trading at middle band of Bollinger band (BB) and taking support of middle band which is SMA20.
📈 Already crossover in MACD .
📈 Crossover in Double Moving Averages.
📈 Right now RSI is around 60.
📈 Todays volume is higher then previous trading session so we can say it is volume Breakout.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 233.70
🟢 Target 🎯🏆 - 250
⚠️ Stoploss ☠️🚫 - 223
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat🔁
Happy learning with trading. Cheers!🥂
Adani Power Ltd (ADAN)breakoutAdani Power Ltd (ADAN) break out level
New s : Adani Power to start exporting electricity from India to Bangladesh
Yesterday strong Breakout with high volume.
Momentum created in adani power stock
Time to go for long adani
Buy above 408
Next target 432,462,510
Thank you
ASAHINDIA - VOLUME BREAKOUT + MACD CROSSOVER + SMA CROSSOVER 📊 Script: ASAHIINDIA (ASAHI INDIA GLASS LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY AUTO / NIFY 500 / NIFTY SMALLCAP
📊 Sector: Automobile and Auto Components
📊 Industry: Auto Components
Key highlights: 💡⚡
📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
📈 MACD is giving crossover.
📈 Crossover in Double Moving Averages.
📈 todays volume is much greater then previous trading session volume which indicates volume breakout.
📈 Current RSI is around 65.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 624
🟢 Target 🎯🏆 - 676
⚠️ Stoploss ☠️🚫 - 604
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat🔁
Happy learning with trading. Cheers!🥂
Gati - Buy at CMPStop loss - Closing below 150
Target mentioned on chart
Huge volume seen in the chart.
Target 2 - 194/- easily achievable.
Note - This is not a recommendation, it is just a study. Trade at your own risk.
Apollo Tyres Breakout 1. Buy or Sell at your own risk
2. Don't risk more than 1%-2% of your capital as stop loss
3. Position Size formula:- Stop Loss Amount/(Buy Price-Initial Stop Loss Price)
4. Sell on RSI close below 30 (or use any other method of your liking)
5. Some other ways to sell stocks can be
a. 25% or 50% up in three weeks or less
b. Weekly tailing tops with high volume
c. Exhaustion gaps
d. Heavy daily volume without further upside
e. Largest one day price drop
After a consolidation since October 2021, NSE:APOLLOTYRE has given a breakout today. Buy with a stop just below ₹230.
Strengths: -
1. Quarter sales growth at 29.61% and quarter profit growth at 48.37%
2. Dividend yield at 1.21% (consistent dividend payer since 2011)
3. Debt to equity at 0.59 (less than 1 is good) and Interest coverage is at 3.03 (greater than 3 is good)
4. CRISIL Ratings has assigned its 'CRISIL AA+/Stable’ rating to the Rs.500 crore non-convertible debentures of Apollo Tyres Limited (Apollo) while reaffirming its ‘CRISIL AA+/Stable/CRISIL A1+’ ratings on the bank facilities and outstanding debt instruments on 5th August 2022 (please go through the credit rating report for better understanding)
5. DIIs increasing stake since March 2021
6. ADX > 30 on daily chart
Weaknesses: -
1. Pledged percentage 3.05
2. Promoter holding is at 37.34% (Promoter holding has decreased over last 3 years)
3. The company has delivered a poor sales growth of 9.71% over the past five years.
4. Company has a low return on equity of 5.70% for the last 3 years
5. Current ratio at 0.99 (greater than 1.5 is good)
6. FII stake decreasing since March 2021
Disclaimer: I am not SEBI Registered. Do trade or invest at your own risk, I am not responsible for any losses and won't claim anything from your profits either. Take financial advices from your advisors before jumping in.
Haldyn Glass Breakout 1. Buy or Sell at your own risk
2. Don't risk more than 1%-2% of your capital as stop loss
3. Position Size formula:- Stop Loss Amount/(Buy Price-Initial Stop Loss Price)
4. Sell on RSI close below 30 (or use any other method of your liking)
5. Some other ways to sell stocks can be
a. 25% or 50% up in three weeks or less
b. Weekly tailing tops with high volume
c. Exhaustion gaps
d. Heavy daily volume without further upside
e. Largest one day price drop
After a consolidation since January 2018, BSE:HALDYNGL has given a breakout today. Buy with a stop just below ₹50.
Strengths: -
1. June 2022 Sales growth is at 71% and Profit growth is at 100%
2. Debt to equity at 0.07 (less than 1 is good), Interest Coverage at 26.8 (greater than 3 is good), Current Ratio at 3.12 (greater than 1.5 is good), FCF to CFO at 56.5%
3. Dividend yield at 0.98% (consistent dividend payer since 2011)
4. Credit rating agency has reaffirmed the ratings of the company on (please go through the credit rating report for better understanding)
5. Promoter stake increasing since March 2021
6. ADX > 30 on daily chart
Weaknesses: -
1. The company has delivered a poor sales growth of 4.38% over the past five years
2. The company has a low return on equity of 6.77% for last 3 years
3. Earnings include an other income of Rs.6.12 Cr
Disclaimer: I am not SEBI Registered. Do trade or invest at your own risk, I am not responsible for any losses and won't claim anything from your profits either. Take financial advices from your advisors before jumping in.