VIEW ON PATANJALIKeep a watch on the stock
Stock is forming Doji candle since last 2 trading sessions
If it crosses its high 1867, move till 1900 possible
If it crosses low 1830, then move towards 1800 is possible.
VIEW ON MARICOGood chart structure
Breakout on the stock
After 4 days of fall stock, has formed a strong green candle
Target 680/700
Stop loss 649
I am just representing my views
For educational purpose only.
Vodafone idea wrt Airtel - If Idea follows airtels pattern - WowWas checking the charts of Airtel and Idea. Airtel had a period of consolidation (wave 2) for 11 years from 2007 to 2018. Where as it seems the consolidation is at the tipping point for idea..
Marked with yellow ellipse in the airtel chart where idea is..
The million dollar question is will idea follow the pattern of airtel now...
Then seeing Idea at 50 in the next 4 to 5 years...
Ashapura Minechem - All Time Breakout after 17 yearsAshapura Minechem has give ATH breakout after 17 years. Technically this stock can go to whooping 24500. Other factors:
1. 3rd largest producer of Bentonite in the world
2. Promoters have increased stake
3. Electrification, E-cars, Solar panels gives huge opportunity
4. Technically, has given breakout after 17 years
5. Has done a retracement of ~55% from its high price before moving up and giving a breakout
6. Monthly volumes have been steady
Looking at the above parameters and opportunities ahead, this stock is poised to move up to our immediate targets and a big buy for longterm.
Keep this stock in your radar. Keep following @Cleaneasycharts as we provide Right Stock at Right Time at Right Price.
Cheers!!
possible 10 years breakout irrigation stock MAHINDRA EPCMAHINDRA EPC IRRIGATION 3months chart, price is standing near 10 years trendline and a breakout on closing basis will give a good rally. This is agriculture related FMCG script.
Mahindra EPC Irrigation Ltd., incorporated in the year 1981, is a Small Cap company (having a market cap of Rs 409.26 Crore) operating in Irrigation & Allied Services sector.
Mahindra EPC Irrigation Ltd. key Products/Revenue Segments include Micro Irrigation Systems And Other Agri. Related Products
ready for targets MAZDA breakout candidate . Mazda Ltd., incorporated in the year 1990, is a Small Cap company (having a market cap of Rs 586.03 Crore) operating in Engineering sector.
Mazda Ltd. key Products/Revenue Segments include Vacuum Systems, Evaporators, Food Products, Condenser, Others, Vacuum Pumps, Pollution Control Equipments & Systems, Thermocompressors, Heaters, Sale of services, Export Incentives, Scrap, Consultancy Income for the year ending 31-Mar-2024.
A rally from here likely!BPCL CMP 273.60
Fib- the stock has taken support above the first fib confluence above 268/689. A weekly close above it is a confirmation. In my view it will retrace minimum to 306 which is the 38.2% of the fall which is a good 12% from CMP. The stop has to be below 258.
SBILIFE#SBILIFE Add it to your watchlist . The price is currently around the demand turned supply zone. The price has to close strongly above the supply zone with a good volume.
Currently the relative strength and volume are promising. We might see 1 more pull back before breaking out of the supply zone.
MARUTI#MARUTI has broken out of its base on 2nd Jan and successfully retested the base on 13th Jan.
Notable buy volume is visible at these levels, suggesting strong support.
Price may potentially reach 12900, where it's likely to encounter significant supply.
Relative strength against Nifty remains positive on both daily and weekly charts.
MANAPPURAMKey Technical Observations:
The stock has made a decisive move above its 200-day moving average (currently around 184), indicating a potential shift in long-term trend.
Current price action shows momentum with a close at 193.75, though volume confirmation remains moderate.
Multiple moving averages are starting to align bullishly on the daily timeframe.
The sector-wide strength adds credibility to this setup.
Trading Setup:
Entry Strategy: Consider long positions on a breakout above Friday's high
Stop Loss: Can be placed below the recent swing low around 168-170
Target: Initial target at previous resistance zone of 210-215
Risk Factors:
Volume needs to improve to confirm strength of the move
Watch for sector-wide momentum to sustain
Trading Recommendation:
While the setup looks promising with the break above 200 DMA and positive relative strength, a conservative approach would be to wait for:
A confirmatory break above Friday's high
Accompanying volume expansion
Holding above the 200 DMA
INDUSTOWER#INDUSTOWER is currently forming a base on daily chart. Relative strength against Nifty is improving and turned green last week both on daily and weekly charts. Add the stock to the watch list and wait for the stock break out of the base.
LTF -long for 15 %stock at decent valuation
bullish changes explained in chart inorder
target and SL maked
st targe- 153 rps
FACT UPTRENDED Looking good strength 👍 with volume supply, it is not the recommendation of buying and selling , it is only for education purpose
MGL -long for 15 %stock is at decent valuation
after a steep fall , price showing signs of bullish momentum
sequence of changes in order is marked in charts
Target and SL marked
IGL ,Gujarat gas looks good as well
Kalyan, Down & Up Strategy,Kalyan, Big M, Drop base drop, Down & Up Strategy, Demand zone below trendline. RSI oversold. CMP near long term support
GSFC SHOWS HIGH UPSIDE STRUCTURE It seems high accumulation of stock from buyers because many time at present level buyers buy stocks it indicates with volumes i think it is good time to buy it. It is not the recommendation for buy and sell its only for education purpose.
BLS SHOWS GOOD STRENGTH IT seems good strength at upside with huge volume supply (cup & handle pattern) 1st target 10 %,2nd target 15%.
This is only for education purpose & it is not a recommendation for buy sell.
Shivalik Rasayan Ltd Weekly Chart Analysis 📈 Shivalik Rasayan Ltd Weekly Chart Analysis 🔍
🔑 Key Insights:
• 📊 Trend Reversal Alert: The stock is breaking out of a long-term downtrend with a bullish double-bottom pattern. 🚀
• 🚨 Key Levels to Watch:
o Resistance: 800 💪
o Key resistance level: 1000 💪
o Support: 700 🛡️
o Historical support: 550🛡️
• Significant volume indicates strong buyer confidence. 💹
Bajaj Healthcare Breakout with good volumesLooks Bullish as Script in bullish trend in this correction also. as health sector giving good Q3 results. go long with strict stoploss and wait for targets
Asian Paints is traded at very cheap level### Asian Paints
- **Founded**: 1942
- **Headquarters**: Mumbai, Maharashtra, India
- **Founders**: Champaklal H. Choksey, Suryakant C. Dani, Arvind R. Vakil, Chimanlal N. Choksi
- **CEO**:
- **Industry**: Paints, Coatings, Home Improvement
- **Products**: Decorative paints, industrial coatings, home décor, waterproofing, adhesives, and wall coverings
- **Stock Listing**: Listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) of India.
### Overview:
- **History**: Founded during the Indian independence movement, Asian Paints started as a small venture and grew to become India's leading paint company and Asia's third-largest paint company.
- **Global Presence**: Asian Paints operates in over 15 countries and has 26 paint manufacturing facilities worldwide, serving customers in more than 60 countries.
- **Market Leadership**: It is a leader in the decorative paints segment in India, holding a significant market share due to its wide range of products and strong distribution network.
- **Innovations**: The company is known for its innovative marketing strategies and continuous product innovation, including eco-friendly and technologically advanced paints.
Asian Paints has established itself as a trusted brand in the home improvement sector, consistently focusing on customer satisfaction, quality products, and sustainability.
ICICI Bank Projection For Next 6 Months### ICICI Bank
- **Full Name**: Industrial Credit and Investment Corporation of India Bank
- **Founded**: 1994
- **Headquarters**: Mumbai, Maharashtra, India
- **CEO**:
- **Industry**: Banking, Financial Services
- **Products**: Personal banking, corporate banking, investment banking, wealth management, insurance, and treasury services
- **Stock Listing**: Listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) of India. Also listed on the New York Stock Exchange (NYSE).
### Overview:
- **History**: ICICI Bank was originally established as ICICI Limited in 1955 as a development financial institution. It transformed into a commercial bank in 1994 and has grown to become one of the largest private sector banks in India.
- **Global Presence**: ICICI Bank has a global footprint with subsidiaries in the United Kingdom and Canada, branches in the United States, Singapore, Bahrain, Hong Kong, Sri Lanka, Qatar, Oman, Dubai International Finance Centre, and representative offices in the United Arab Emirates, China, South Africa, Bangladesh, Malaysia, and Indonesia.
- **Digital Banking**: The bank is renowned for its innovative digital banking solutions and services.
ICICI Bank is a prominent player in the Indian banking sector, known for its wide range of products, services, and extensive customer base both domestically and internationally.
Kotak Mahindra Bank Projection For Next 6 months### Kotak Mahindra Bank
- **Founded**: 1985 (as Kotak Mahindra Finance Ltd.), became a bank in 2003
- **Headquarters**: Mumbai, Maharashtra, India
- **Founder**: Uday Kotak
- **CEO**:
- **Industry**: Banking, Financial Services
- **Products**: Personal banking, corporate banking, investment banking, insurance, wealth management, and treasury services
- **Stock Listing**: Listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) of India.
### Overview:
- **1985**: Founded as Kotak Mahindra Finance Ltd., a non-banking financial company (NBFC).
- **2003**: Became the first NBFC in India to convert into a commercial bank, known as Kotak Mahindra Bank.
- **Expansion**: Kotak Mahindra Bank has grown rapidly, offering a wide range of banking and financial services to individuals, businesses, and institutions.
- **Digital Banking**: The bank is known for its innovative digital banking solutions and customer-centric approach.
Kotak Mahindra Bank is recognized as one of the leading private sector banks in India, with a strong presence in retail and corporate banking, along with a significant focus on wealth management and investment banking.
City Union Bank Projection For Next 60 DaysCUB Bank likely refers to **City Union Bank** (CUB), a well-known private sector bank in India. Here are the brief details:
### City Union Bank (CUB)
- **Founded**: 1904
- **Headquarters**: Kumbakonam, Tamil Nadu, India
- **Original Name**: The Kumbakonam Bank Limited
- **CEO**:
- **Industry**: Banking, Financial Services
- **Products**: Personal banking, corporate banking, SME banking, NRI services, and treasury operations
- **Stock Listing**: City Union Bank is listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) of India.
### Overview:
- City Union Bank, originally founded as The Kumbakonam Bank Limited, was renamed in 1987 to reflect its broader reach and services beyond its origin city.
- It focuses primarily on lending to small and medium-sized enterprises (SMEs), retail trade, and agriculture.
- The bank is known for its strong presence in southern India and has expanded its network across the country.
City Union Bank has maintained a reputation for stability and growth, catering to various customer segments with a focus on personalized banking services.
