In this Monthly chart wave (1) is completed at 2787 and wave achieved its minimum retracement range....If wave (2) is already completed at 1186 then wave (3) is already started and may achieve given targets of wave (3) in upcoming months or so....but if wave (2) is still in progress then 1458--927 support(buying) range for the stock....
Initiate a BUY position on Whirlpool as per the Supertrend and weekly Supertrend indicators, signaling a potential rise to 1575 in the near future, accompanied by greater than 2 weeks volume.
I have noticed a significant trendline breakout in the weekly time frame. This breakout has caught my attention, as it indicates a potential shift in market dynamics. The price action has surpassed the resistance level defined by the trendline, suggesting a bullish sentiment in the market.
I would like to confirm the occurrence of a trendline breakout through the...
I increased the existing holding by 0.625%, bringing the total holding to approximately 1.875%. An additional 0.625% remains to be added to reach the maximum allocation level of 2.5% in this stock. I will consider adding this if the price reaches the low of the descending channel formation.
Feel free to follow me for updates on my positions and market insights....
Whirlpool: now at the same levels last tested in 2017–2018, i.e., 5 years: net net market cap gains+ 0
the promoter sells around 23% in open market as can be seen ie parent company now holds only 51% stake from earlier close to 75%
such underperformance is to be worried about and at same time, if promoter selling such huge stake despite stock being down by...
Dividend giving stock.
Promoter Holding is good & No promoter Pledged.
Debt is less than reserves.
Its almost debt free.
Demand Zone is marked as green shaded horizontal area.
Support is marked as green horizontal line.
Resistances are marked as red horizontal lines.
Stoploss is marked as orange horizontal line.
4 Bottoms are marked with yellow circles which makes...
Whirlpool: company's sales had been growing consistently till COVID
After COVID the sales shrinked. So did the profit
Sales have picked up now but there were other factors that ate up company's margin e.g., growing raw material cost due to war in Ukraine and china, Taiwan conflict.
Aggresive sales push from competitors by cutting margins.
Inflation is high and so...
In the Weekly Chart of WHIRLPOOL ,
we can see that; it is at decision making state.
Enter on breaking Red Candle's High with low as SL.
If it shows a up move we can see formation of Right Shoulder.
Possible momentums are shown in chart.
Disclaimer:
Trading in financial markets involves substantial risks. Consult your financial advisor before making decisions. This commentary is not a solicitation to buy or sell.
WaveTalks - Market Whispers: Can you hear them?
The vertical distance from head to neckline once projected down after stock slips below 1175-1200 zone could extend the fall in months &...
Pros:
The company has maintained a consistently low debt to equity ratio over the last 5 years, indicating a prudent approach to financing compared to the industry average.
With a current ratio well above the industry average, the company demonstrates strong liquidity, providing a solid foundation for operational needs.
Foreign Institutional Investors...
Pros:
Debt to Equity Ratio:
Over the last 5 years, the company has maintained a low debt to equity ratio of 1.73%.
This is significantly lower than the industry average of 505.36%, indicating a conservative approach to financing.
Current Ratio:
The current ratio over the last 5 years stands at 200.77%.
This surpasses the industry average of...
Welcome to the exciting world of options trading, where every move counts and knowledge is your strongest ally. As the renowned Indian investor Rakesh Jhunjhunwala wisely puts it, 'Risk comes from not knowing what you're doing.' So, let's unravel the intricacies of options trading, breaking it down into easy-to-understand steps.
What Are Options?
Think of...
