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VCP Setup with Strong Earnings – Shortter Swing Upside PotentialStock: Goldiam International Ltd. (GOLDIAM) Analysis: Goldiam International previously had a breakout with volume, and it’s now forming a Volatility Contraction Pattern (VCP) — a bullish setup suggesting potential continuation of the uptrend. Today, the company released its quarterly results showing impressive growth, with Profit After Tax nearly doubling, which supports a bullish outlook. This mix of technical and fundamental strength makes Goldiam attractive for a short-term swing trade. Technical Setup: Pattern: Volatility Contraction Pattern (VCP) Volume: Previous breakout with volume; potential continuation Catalyst: Positive quarterly results with strong earnings growth Trade Plan: Entry: On breakout above recent resistance, ideally with volume Target: Short-term swing based on previous high or measured move from the breakout Stop Loss: Below current support level within VCP pattern Note: Strong earnings may add momentum, making this setup ideal for a short-term swing trade to capture the potential upside.
NSE:GOLDIAM
by ImranulHaqueNoor
IPO BREAKOUT TRADE📈 Daily Watchlist Update: IPO Breakout Alert 🚀 Stock Name: MANBA 🏦 Current Status: 🟢 This is a classic IPO breakout, a strategy I follow with small quantities for controlled risk 🎯. Buy Conditions: 🟢 Discount Zone: Look to buy in the ₹175-₹165 range for better value. 🟢 Stop Loss (SL): ₹148. ⚠️ Reminder: Do your own research (DYOR) 🧠 before entering any trade. This is a high-risk strategy, so always proceed at your own risk! 📖 Educational Note: This update is for educational purposes only. Evaluate your risk tolerance before taking any positions 🌟📊. 👉 Follow for more content and to support my updates! Let’s trade smart and grow together 🙌📢.
MLong
by Dharsh5895
#SFL (Sheetla Foam Ltd.)Based on the detailed information from Sheela Foam Ltd.'s investor presentation for Q2 & H1 FY25, here’s a breakdown of reasons to buy or avoid this stock: #SFL @ 846 Consider this number as a Target Target 1 @ 959+ Target 2 @ 1038+ Target 3 @ 1116+ Target 4 @ 1371+ Target 5 @ 1863+ Target 6 @ 2451+++ ### Reasons to Buy: 1. Strong Market Presence: - Sheela Foam holds a ~30% market share in India's mattress segment, with trusted brands like Sleepwell and Kurlon. - It also has a 40% market share in Australia, highlighting its international strength. 2. Diverse Global Footprint: - Operations in India, Australia, and Spain with significant manufacturing capacity in each region. - Backward integration ensures a wide product basket and cost efficiencies. 3. Revenue Growth: - Consolidated revenue grew 29% YoY in H1 FY25, indicating strong operational performance. - Expanding distribution network with a growing number of exclusive brand outlets (EBOs). 4. Focus on High-Margin Products: - Strategic shift towards premium and high-margin products to improve profitability. 5. Trusted Brand Value: - Recognized as India’s No.1 mattress brand by TOI and has a strong digital presence with over 86.9M total reach. Reasons to Avoid: 1. Declining Margins: - EBITDA margin decreased to 8% in H1 FY25 from 11% YoY. Profit after tax (PAT) margin also dropped from 7% to 3%. 2. Rising Costs: - Finance costs surged 3.5x YoY in H1 FY25, affecting net profitability. 3. Increased Debt Levels: - Borrowings have significantly increased, which may pressure the balance sheet. 4. Competitive Industry: - The mattress and foam markets face stiff competition, which could compress margins further if price wars intensify. 5. Stock Performance: - The stock is trading near its 52-week low, and its market cap has been under pressure, indicating potential investor concerns. Key Technical Insights: - The current price (CMP) is INR 919.95 with a 52-week high of INR 1,285.4 and low of INR 874.1. It suggests consolidation near the lower range, which could offer a rebound opportunity if fundamentals improve. Inside News: - Recent launches like the foldable mattresses TARANG (Sleepwell) and AARAM (Kurlon) cater to rural and budget segments, potentially driving growth. - A collaborative initiative with the Indian Society of Sleep Research enhances brand visibility and positions the company as a thought leader in the health and wellness space. Would you like a deeper analysis or additional details?
NSE:SFLLong
by INVESTWISELY_1111
breakout BSE📈 Daily Watchlist Update: Potential Breakout 📊 Stock Name: BSE 📜 Current Status: 🟢 The stock has shown a very good breakout, breaking its All-Time High (ATH) with strong volume 📈. Buy Conditions: 🟢 Discount Zone: If the stock retraces to the ₹5000-₹4700 range, it’s a potential discount zone. 🟢 Look for a break of internal structure and market shift before entering. 🟢 Stop Loss (SL): ₹4350. Next Steps: 🟢 If the stock retraces, I’ll post about the buy entries later. 🟢 If it doesn’t retrace, I’ll move on to another stock—there’s always another opportunity to trade 🌅. 📖 Educational Note: This update is for educational purposes only. Please evaluate your risk appetite before making trading decisions. 🌟📊 👉 Follow for more content and to support my updates! Your engagement helps me bring more insights 🙌📢.
NSE:BSELong
by Dharsh5895
EPL LTD !! A good Stocks to buyHow's The Josh Traders?? EPL Limited (Essel Propack Limited) reported the following turnover for the second quarter and six months ending September 30, 2024 Second quarter: Sales were INR 10,862 million, and revenue was INR 11,002 million Six months: Sales were INR 20,936 million, and revenue was INR 21,141 million EPL Limited is a global tube-packaging company that specializes in laminated plastic tubes for the FMCG and Pharma industries. The company is headquartered in Mumbai and is owned by The Blackstone Group. As we can See Technical Charts of EPL Limited, Chart Has completed its Wave 1 & 2 and ready for the big wave 3 & 5. SO , BUY EPL LTD TARGET 1 : 617 TARGET 2 : 905 NOTE : THIS IS FOR EDUCATIONAL PURPOSE PLEASE REFR TO YOUR FINANCIAL ADVISOR BEFORE TAKING ANY TRADE. HAVE A GOOD DAY TRADERS .
NSE:EPLLong
by Trading_Bulls0000
Paytm - CMP 950 - Monthly - Symmetrical Expanding TrianglePaytm has created Symmetrical Expanding Triangle in Monthly time frame RSI going up continuously, still not in overbought zone MACD is looking good Price is above 20 Months EMA volume is good for past 4-5 months Crossed 930 resistance with good volume DII has increased holding in June and Sep 2024, FII has decreased holdings Target 1 : 1160++ Target 2 : 1350 , This could be next Resistance if price sustain at 1350 and give breakout from triangle with good volume then Target 3 could be ATH - 1955++
NSE:PAYTMLong
by maruviral
Bajaj Auto Ltd.: Descending Wedge - Breakout or Breakdown?Bajaj Auto Ltd. is currently trading within a descending wedge pattern, indicating potential consolidation or a breakout scenario. Here’s the technical breakdown: Key Observations Descending Wedge: The price is narrowing, with lower highs and lows, signaling reduced selling momentum. Support Zone: ₹8,800–₹8,900 serves as a strong support level. A breakdown below this could lead to further downside. Resistance Levels: ₹9,262.90: Immediate resistance. ₹9,642.45 and ₹9,995.55: Higher levels to watch in case of a breakout. Trade Outlook Bullish View: A breakout above the wedge’s upper trendline signals upward momentum, targeting ₹9,262 and beyond. Bearish View: A breakdown below ₹8,800 could push the price to ₹8,600 or ₹8,400.
NSE:BAJAJ_AUTOLong
by ayusharya_001
ASHIANA: Consolidation Over? Turnaround Signals & Mid-Term Poten"ASHIANA: Consolidation Over? Turnaround Signals & Mid-Term Potential" Stock: Ashiana Housing Ltd. (ASHIANA) Analysis: ASHIANA has corrected nearly 30% from its high following weaker financial results in the past two quarters. However, the stock is now showing consolidation and signs of a turnaround over the past two months, supported by improving volume and technical indicators. Key Highlights: Promoters Holding: Stable at 61.11% as of Sep 2024 quarter. Institutional Activity: Mutual Fund Holdings: Increased from 6.74% to 7.53%, indicating renewed interest. FII/FPI Holdings: Slightly reduced to 7.46%, with the number of FII/FPI investors unchanged at 37. Technical Setup: Price has crossed the 200 EMA, a key bullish indicator. Sustaining above this level could trigger a rally. Volume Increase: Recent spikes in volume suggest accumulation. Trade Plan: CMP: ₹331. Mid-Term Outlook: The stock looks favorable for a mid-term rally if it sustains above the 200 EMA for a few more sessions. Targets: ₹375–₹400 over the next few months. Stop Loss: Below ₹310 to manage risk. Disclaimer: This analysis is for educational and informational purposes only and should not be considered as financial advice. Please conduct your own research or consult a financial advisor before making any investment decisions.
NSE:ASHIANALong
by ImranulHaqueNoor
Kesoram Looking Good.NSE:KESORAMIND is Looking good bouncing from a good demand zone, with Strong Engulfing Weekly Candle. 🙋‍♀️🙋‍♂️If you have any questions about this stock, feel free to reach out to me. 📌Thank you for exploring my idea! I hope you found it valuable. 🙏FLLOW for more 👍BOOST if useful ✍️COMMENT Below your views. Meanwhile, check out my other stock ideas below until this trade is activated. I would love your feedback. 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.
NSE:KESORAMINDLong
by Karanshah137