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
Resistance Breakout in STOVEKRAFT
BUY TODAY SELL TOMORROW for 5%
STOVEKRAFT trade ideas
STOVEKRAFT LONGElliott Wave analysis shows that the stock has completed wave i in black circle. Currently, the stock is undergoing correction wave ii shown in black circle. wave (ii) will move in (a), (b), and (c) in a daily time frame in blue color.
Wave (a) in blue colour is completed and the stock is currently in wave (b).
Wave (b) will unfold in three sub-waves (a-b-c) shown in red colour on the chart.
Wave a and b (red colour) of wave (b) is completed and the stock is in wave c of wave (b).
Price is moving in a channel.
Wave level is shown on the chart.
Level of Invalidation
The starting point of Wave a has been identified as the invalidation level at 524.7. If the price falls below this level, it can indicate that the expected Elliott Wave pattern is not as it seems.
I am not a registered Sebi analyst. My research is being done only for academic interests.
Please speak with your financial advisor before trading or making any investments. I take no responsibility whatsoever for your gains or losses.
Regards
Dr Vineet
Stovekraft can it resume it's uptrend?Stovekraft – Growth-Focused Kitchen Appliance Play
Stovekraft is an aggressive kitchen appliances player with a solid 5/10-year sales CAGR of 17%/16% (organic). Its non-core portfolio (excluding cookers, cooktops, etc.) grew 38% in FY25 to ₹602 Cr (vs ₹342 Cr in FY22), now contributing ~42% of revenue.
The company has scaled EBOs 5x in 2 years (52 → 262), leading to higher lease liabilities and depressed reported PAT (FY24 ₹35 Cr, FY25 ₹38 Cr) due to upfront depreciation and interest costs. However, adj. OCFs remain strong (FY24 ₹103 Cr, FY25 ₹105 Cr), implying healthy cash generation (~19x OCF).
At ₹1950 Cr market cap (~1.3x trailing P/S), valuation looks attractive considering:
95% in-house manufacturing with aggressive pricing strategy
-Scope for price hikes without major churn
-IKEA cookware export deal starting 2026 via dedicated plant
-Export push can drive ~25% revenue in 3 years
-Sufficient capacity to double sales without major capex
Disclosure - Invested and biased.
#STOVEKRAFT - Potential IH&S Break Out Key highlights: 💡⚡
📈 IH&S Break Out in Daily chart.
📈 Wait for consolidation then enter on BO with volume
📈 Price gave a good up move
📈 Volume spike seen
📈 MACD Cross Over
📈 One can go for Swing Trade.
BUY ONLY ABOVE 971 DCB
⏱️ C.M.P 📑💰- 944
🟢 Target 🎯🏆 – 20%
⚠️ Stoploss ☠️🚫 – 9.50%
⚠️ Important: Always Exit the trade before any Event.
⚠️ Important: Always maintain your Risk & Reward Ratio.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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Stovecraft Ltd. Multiple confirmation for upside!!!Hello 👋
Today one more strong breakout stock.
It's "Stovecraft Ltd"
In weekly tf stock already break the trend line & price is now facing resistance . Previously in September 22 stock was at same level but rejected ..
W pattern (double bottom ) in monthly tf.. huge volume since few weeks .
Company plans for aggressive expansion in near terms. Results also good. Currently also in uptrend.
Momentum also bullish.
It's my view, plz DYOA. No buy or sell recommendation 🙏
Thank you .
STOVEKRAFT reversing and trendline breakout Stovekraft price is reversed from 2 support line and did a good breakout to short trendline resistance.
green candle is good and huge volume.
Sl is huge so better to enter some qty now and then if price falls again near to support bur more, if not falls the continue with only 1st bought qty.
Target is long trend line resistance.
Tricky trade, trade wisely.
Stove Kraft LtdStock is about to make a triple bottom on weekly chart.
demand zone is marked with green shaded horizontal area.
Stoploss is marked as orange horizontal line.
Resistances are marked as red horizontal lines.
If price break above skyblue resistance trendline - it may be a breakout trade.
or 400 to 350 is a demand zone based buy zone.
Levels:-
Buy 350 to 400
Stoploss 300
Swing Tgts 550 to 700
Long Term Tgts 890 - 1000 - 1130
This idea is for Educational purpose and paper trading only. Please consult your financial advisor before investing or making any position. Facts or Data given above may be slightly incorrect. We are not SEBI registered.
Stove Kraft Looking good buying from bottom Stove Kraft Stock :- I am bullish on this Stock,
Key Technical Factors:-
1. Monthly 9 Moving Average Above the Candle
2. Important Support and Resistance Crossed
3. Stock Price Reached at Ipo Opening price
my Target view on this stock is 600-700 1-3 months time
Stock back to IPO Range-share the Pros and Cons of this companyThe idea shared on TradingView is for informational purposes only and should not be considered as financial advice or a recommendation to buy, sell, or trade any financial instrument. Trading in the financial markets involves substantial risk, and you should carefully consider your financial situation and consult with a qualified financial advisor before making any investment decisions.