Get started
Breakout From Tight Consolidation Range With VolumesNSE:PPLPHARMA today broke from the Narrow Consolidation Phase. After the previous Breakout in the consolidation phase, letting the 50 EMA Catch up, There Was continuous accumulation, as you can see from the volume intensity in the range. Today, on the back of magnificent Q2 FY 24-25 results, The Stock has blasted to a new All-Time High. View: Although the Stock is Overvalued at 588 P/E. Investors Should do Stock SIP or Buy on DIPS and Traders Should Wait for a Retracement to 50 EMA or a Good Consolidation Going Forward. NSE:PPLPHARMA is part of the Piramal group of companies. The company operates through 3 major segments. 1) Contract development and manufacturing organisations (CDMO) 2) Complex hospital generics (critical care) 3) Consumer Healthcare, Over-the-Counter (OTC) NSE:PPLPHARMA entered the Pharma space in 1988 with the acquisition of Nicholas Laboratories and grew through a series of Mergers & Acquisitions and various organic initiatives. In 2010 the Domestic formulations business was sold to About $3.7 billion and Diagnostic Services were sold to Super Religare Laboratories (SRL). 🙋‍♀️🙋‍♂️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:PPLPHARMALong
by Karanshah137
Birla Soft: Losing Altitude or Just a Low-Flying Mission?#BSoft ✈️ Birla Soft: Losing Altitude or Just a Low-Flying Mission? 🛬 Birla Soft is cruising at 555-550 right now, but the radar’s picking up some turbulence ahead. With potential landing zones at 465, 402, and, if things get dicey, a deep dive to 353, Birla Soft looks like it’s on a mission… Downwards! 📉 At this altitude, Birla Soft is starting to look like a low-flying jet testing just how close it can get to the ground. Maybe it’s aiming for a safe landing at 465, but if the descent continues, we might just be heading for an emergency touchdown at 353. Talk about a hard landing! 🛬 So, traders, keep your seatbelts fastened and prepare for a bumpy descent. This one could go all the way to the bottom ranks if Birla Soft’s engine doesn’t kick back in soon! Let’s see if it’s just a quick refuel or if we’re in for a full-blown landing drill. 🛫✈️ Wish You Happy & safe trading "Always Respect Risk" Happy Trading Jai Hind Jai Bharat
NSE:BSOFTShort
by DhirajSinghBais
1
Charting Paytms future*Background* One 97 Communications Ltd. (Paytm) is an Indian financial technology company that offers a range of digital financial services, including mobile payments, digital wallets, and financial services. *Technical Analysis* The chart shows a strong downtrend in the price of Paytm since its listing. The stock has been consistently making lower lows and lower highs, indicating a bearish sentiment. *Key Observations:* * Downward Trend: The overall trend is clearly bearish, as evidenced by the downward sloping trendline. * Head and Shoulders Pattern: The chart shows a potential inverse head and shoulders pattern, which is a bullish reversal pattern. However, the pattern is not yet complete, and the price needs to break above the neckline for the pattern to be confirmed. *Possible Future Movement* If the price breaks above the neckline of the potential head and shoulders pattern, it could signal a reversal of the downtrend. However, if the price fails to break above the neckline or breaks below the support level, it could continue the downtrend. *Trading Strategy* * Conservative Approach: Wait for the price to break above the neckline of the head and shoulders pattern before taking a long position. * Aggressive Approach: Enter a long position at the current support level with a stop-loss below the recent low. Disclaimer: This analysis is based on the current price action and technical indicators. It is not a financial advice and should not be taken as such. Please consult with a financial advisor before making any investment decisions.
NSE:PAYTM
by Stock_market_signals
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall Trendline Breakout in RAINBOW BUY TODAY SELL TOMORROW for 5%
NSE:RAINBOW
by Kapil-Mittal
3
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall Trendline Breakout in KIRLPNU BUY TODAY SELL TOMORROW for 5%
NSE:KIRLPNU
by Kapil-Mittal
2
Axis Bank: Slipping Gently or Taking the Express Route Down?#axisbank 🐻 Axis Bank: Slipping Gently or Taking the Express Route Down? 🛬 Axis Bank is currently parked at 1,165-1,170, but from the looks of it, this might be the last stop before it starts exploring some serious basement deals. With 1,075, 1,024, 1,006, and, if things get really spicy, 964 on the radar, Axis is giving us vibes of a stock that’s ready for a bargain hunt! 📉 Now, 1,024-1,006 looks like it’s holding the fort as a “strong support.” But you know how it goes with support levels — they’re there until Axis decides it’s more fun to test their limits! Think of it as Axis Bank’s version of a trust fall. Will it hold or plunge? Only time will tell! For now, keep those stop-losses tight, grab some popcorn, and get ready to see if Axis Bank’s dive goes all the way to the bargain bin at 964. Will it bounce, or is it on a mission to redefine what “lower lows” mean? Either way, this could be one thrilling descent! 🎢🐻 Wish You Happy & safe trading "Always Respect Risk" Happy Trading Jai Hind Jai Bharat
NSE:AXISBANKShort
by DhirajSinghBais
TATA STEELThese are compelling reasons to consider a long position on TATA STEEL: 1. Strong Daily Support: When a stock sits on a well-established support level, it often indicates a potential bottom, reducing downside risk and creating a favorable risk-reward scenario. 2. Bullish Candle Pattern on Support Zone: A bullish candle at a support level can confirm buyer interest at that price, often signaling a reversal from that point. 3. Strong Fundamentals: With solid fundamentals, Tata Steel can be more resilient during market volatility, increasing the probability of a sustainable upside. 4. Nifty Metal on Daily Support: If the Nifty Metal index is on support, it can give sector-wide strength, providing momentum to Tata Steel if the sector bounces. Waiting for confirmation with a CHOCH (Change of Character) on the 1-hour timeframe is a solid approach. Here’s a structured plan based on that: 1. Wait for CHOCH on 1-Hour: The CHOCH would confirm a potential shift in market structure, signaling the beginning of bullish momentum. This adds more reliability to the trade setup. 2. Entry on Retest / FVG / IFVG: • Retest: After the CHOCH, a retest of the breakout zone could provide an optimal entry, ensuring the breakout holds. • Fair Value Gap (FVG): If an FVG appears within this structure, entering here could capture the shift in momentum at a lower-risk point. • Imbalance Fair Value Gap (IFVG): An entry on an IFVG could further refine your risk-to- reward ratio, especially if market liquidity fills these gaps.
NSE:TATASTEELLong
by AryanDixit