Understanding Elliotwaves with #KAYA chart. Getting ready for a fierce wave 3?
Price is on the verge of breakout of falling wedge,
WXYXZ consolidation visible in wave 2.
KAYA trade ideas
KAYA LTD -Monthly Analysis CMP 448.9 Buying and will add somKAYA LTD -Monthly Analysis
CMP 448.9
Buying and will add some more if get @ 370-390
Target 650-800-1000-1200-1400-1660-2000+
SL beow 230 - candle closing basis
Holding Period 2-3 years
Kaya - VCP SG Lottery new (No Change Required) SG ema 320 weeklyVCP SG Lottery new (No Change Required) SG ema 320 weekly Testing, Pitta Volumes, VCP
1) May retry to brek trendline
2) Exact spot to enter
KAYA - Short Term OpportunityKaya Limited (Kaya) is engaged in skin care business.
Positives:
Strong Momentum: Price above short, medium and long term moving averages
Growth in Net Profit with increasing Profit Margin (QoQ)
Company with Zero Promoter Pledge
FII / FPI or Institutions increasing their shareholding
Near 52 Week High
Negatives:
Inefficient use of capital to generate profits - RoCE declining in the last 2 years
Inefficient use of assets to generate profits - ROA declining in the last 2 years
Low Piotroski Score : Companies with weak financials
Declining Net Cash Flow : Companies not able to generate net cash
Annual net profit declining for last 2 years
Book Value Per Share deteriorating for last 2 years
Disclaimer: I am invested since the stock price was 300.
NOT A RECOMMENDATION. JUST FOR EDUCATION. Thanks.
📈 Exciting Bullish Pattern Alert! 🐂📈 Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Bouble Bottom
📌 Symbol/Asset: KAYA
🔍 Description: Momentum above resistance
👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
KAYAThe chart is self-explanatory. #KAYA
upside potential > 15%
TREND ANALYSIS + BREAKOUT + VOLUME ANALYSIS + ADVANCE CONFIRMATIONS
Disclaimer: This is for educational purposes only. This is not buying or selling recommendations. I am not SEBI registered.
Kaya Ltd - 2yr Breakout Retest
BUY GUIDANCE:
Never buy before 3PM (for positional trading). I have been burnt many times over. Try to buy between 3:15 - 3:30PM, later the better.
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis)
SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Note:
The breakout levels are derived from the weekly line chart which is respected much more by smart money.
DISCLAIMER:
I reserve the right to be wrong.
I am not a SEBI registered analyst. Please consult your financial advisor before investing.
KAYA-A GOOD SWING OPPORTUNITYwe can expect a move once the the trendline is taken, even the weekly chart looks interesting.
Kaya is on the Move!NSE:KAYA has managed to breakout from corrective phase with a sustenance above 50DMA.
Entry above Rs470
Stoploss Rs413
Target Rs 626
RR= 1:2.5
KAYA
All charts/views posted here are for educational purpose only. We are not responsible for any of your profit/loss.
Inverse head and shoulder pattern breakoutThe inverse head & shoulder pattern is broken. Buy at the retest at around 380-390 levels for a target of 425.
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Happy Trading :)
Kaya - BreakoutCup and Handle breakout in Kaya. The volumes have spiked massively in this counter. Additionally on the weeklies too it looks good.
Long at CMP with a SL below 320.
Deformed cup- handle?A deformed cup handle with a clear Gann ascending angle break out could be a deadly combination. My take out is a level of 400 (398 to be precise) in the intermediate term. I will not be surprised to see the level in say a month.
