About meGreetings! I am Rupesh Mandal -a swing trader, a financial and technical analyst. I provide valuable swing trade ideas backed with financial, chart analysis and macros. Note,I am not SEBI registered, consult with your Adviser before taking trade.
Hello fellow traders, I hope you're all doing well. As you may have noticed, the market has recently become more volatile and uncertain. In light of this, I'd like to share an analysis of a potential future growth stock with you.
>>Bandhan Bank has been experiencing a correction in its stock price since it first got listed in the market. Now, if we take a look...
>>Avaas Financiers Ltd is a major company that offers home loans. They operate in several states in India, including Rajasthan, Maharashtra, Gujarat, Madhya Pradesh, Haryana, Uttar Pradesh, Chhattisgarh, Punjab, Uttarakhand, Himachal Pradesh, Delhi, Odisha, and Karnataka. They have a widespread presence with a total of 346 branches.
>>This company primarily...
Hey guys I hope you all are doing well, making insane amount of profits.
Check out this chart for NBCC! It's like a cool artwork with a symmetrical pattern. So, for the past 5 years, it was consolidating in a beautiful range, symmetrical tringle pattern. Where initially it has dropped by around 60%, but then it bounced back and started making slightly lower highs...
Happy Independence day Guys. Today we are going to understand the technical of Central Bank of India in a very easy to understand language.
Here are some important pointers about CBI you should know.
1. Important line : As we see in a Larger timeframe there is a very crucial single support and resistance line. For 11 years that line acted as a very strong...
As we can see at the chart, the price has made a significant upward movement, breaking out from a pattern called a 'symmetric triangle.' Currently, the price is trading above a specific line when we observe it on a daily basis. There are two ways we can consider entering a trade:
1.If the price comes back to the breakout level (resistance) and stays above it, we...
Vinati Organics has been consolidating for 2 years in a unique supply-demand conversion zone.
In the first year, it traded in a rectangle pattern, making higher highs. Later, it underwent a trend reversal, forming a triangular pattern with lower highs. Throughout this period, it held one support level, as its visible from chart.
Today, it made a good move and...
Hello guys I am back with another Interesting Analysis.
This time we will discuss about Indraprastha Gas Ltd. in a very easy to understand and end of the section I will reveal my personal opinion on this stock.
Current Chart Pattern:
Currently, the stock is in an uptrend, following an ascending parallel channel pattern. When we examine the daily timeframe,...
As we can see from the chart havells india looks promising in weekly timeframe. It has been consolidating within a demand and supply zone for the past 28 months, forming a rectangle channel pattern.
Today, it has reached the resistance level with a good amount of trading volume. This increases the likelihood of a breakout. However, there are a few things to...
Hello, guys. I hope you are doing well. Today, we will take a deep dive into IRCTC. Please read until the end to gain a complete understanding of this stock and its potentiality.
The chart is self-explanatory, so we will keep the technical analysis brief. The stock had been consolidating in a descending triangle pattern for the past two years. After a really big...
NMTC was stuck in a downward rectangular pattern for over 2 years, with lower highs and lower lows. Now, it's trading at a 40% discount.
But in the last 4 months, it started going up, breaking out of the pattern.
However, it's now in a smaller rectangle outside the breakout point. We need to wait for it to break out of this new pattern too.
Once the price...
Over the past five years, the company has achieved an impressive compound annual growth rate (CAGR) of 33.9% in terms of its profit.
Company has a good return on capital employed (ROCE) of 61.5 %.
Stock has negligible debt to equity of 0.09. /list
Currently price is at somewhere between support and resistance level of the...
Welspun India has been forming a rectangle pattern for a year. It broke out recently, went up, and then retraced to its old resistance. This is a good chance for me because that resistance could now become support. The company's earnings and sales have been impressive, making it a promising option for a swing trade.
We can target a 12% gain from the current level...
*Entry can be initiated if it is closing above 650 level for the day, As it is very close to give multipattern Breakout.
*Stock has given good profit growth of 23.0% CAGR over last 5 years.
*company has increased its net profit from 33cr to 815cr YOY basic in just 10 years.
We can see on the weekly timeframe, the stock has been consolidating for two years, forming an Inverse Head and Shoulders pattern.
On the daily timeframe, there's a breakout with a smaller candle above the Neckline. However, there's a possibility of a fakeout, so we'll wait for a strong confirmation.
We'll enter the trade only when there's a bigger green candle...
Hello guys I hope you guys are doing great.
I am back again with a short analysis of share India securities LTD.
Chart is self explanatory so, we will keep it to the point. As we can see in weekly timeframe Share India has been consolidating for the past 18 months. Initially, it formed a descending triangle pattern and gave a breakout. Subsequently, it started...
Good evening guys! Here is the analysis Of Bharat forge.
>>It's a neat and clean rectangle pattern breakout in Bharat Forge.
>>As we can see from the weekly time frame, it has been forming a strong resistance and support for the past two years.
>>Today, it has given a breakout because Q1 earnings were released, and the company has performed remarkably well....
Over the past 14 years, the price has been moving within a rectangular channel pattern. It goes up and then comes back down to a support level, creating a significant demand and supply zone.
Currently price trading at 25% down from its all time peek. As visible price has formed another parallel channel pattern inside the bigger pattern. It seems all set to give a...
Good morning Traders.
Here is the technical analysis of UCO Bank we all should know.
>> Chart is self explanatory but to elaborating more Stock was consolidating in Symmetrical tringle pattern since 9 months. Where it has made a beautiful support and resistance lines in triangular shape and gave a Nit and clean breakout.
>>In the weekly time frame, we can...