A clear breakout has been seen in Poly medicure. But as we can see it's already given 15 % move within two trading days. So, we have to wait and see if it is sustaining above the resistance level, if it does then we are ready to go. Fundamentals Analys. If we talk about the fundamentals, this stock has covered good profit growth of 20.5% CAGR over last 5...
Hello Guys I hope you are doing well. Here I bring the complete analysis of EXPLEO SOLUTIONS. Please Go through all analysis which I have presented to you in a very easy to understand language. Fundamental Analysis: Expleo Solutions 1. About the Company: >>Fast-growing software company, especially with banks. >>Small-cap but growing steadily. 2. Financial...
Hey there I am back with another Stock analysis. This time we will discuss in short about Apollo Hospitals. Here are some pointers about this stock. Key pointers. >>The stock, Apollo Hospitals, was in a consolidation phase within an ascending triangle pattern for about 20 months. >>It recently broke out from this ascending triangle pattern. >>After the...
Hey Hardworking traders! Here's a quick update on the Nifty 50 index's recent journey and its future outlook- Nifty highlights: >>So, It has been a roller coaster ride for NIFTY, It has witnessed multiple obstacles, Be it after Covid affects be it Russia-Ukrain war, High inflation and interest rate hike. >>These macro incidents combined together resulted...
>>Stock has been in an uptrend since last year. >>Over one year, it has been following a special trend line. >>Since January 2023, it has slightly changed its direction and is now forming a beautiful symmetrical triangle pattern. >>Today, it has reached its resistance level and appears promising to break it. >>If it breaks the trend line, we can initiate...
Hello Hardworking Traders! I am back again with a beautiful breakout Stock, DP wires. Here is a quick overview of its Technical and Financials. Technical. Dp wires spent over 2 years consolidating in an ascending channel pattern. >>The chart shows a consistent bullish trend within this pattern, forming higher highs and higher lows. >>Recently, it retested...
Welcome back! This time, we will analyze our third breakout stock, which is Escorts Kubota. Chart is Pretty self-Explanatory so we are going keep it short. Here are some pointers. >>Escorts has spent the past two years consolidating within a bullish parallel channel. >>Today, it experienced a notable breakout, suggesting potential for a substantial upward...
Hello Smart traders Hope you are doing exceptionally well in you Trading journey. This time we will discuss about another beautiful breakout stock Morganite Crucible (India) Ltd. Technical- Morganite Crucible (India) Ltd has shown a rectangle channel pattern breakout. It spent six years in a consolidating phase. During this time, it consistently tested its...
Good morning Guys! Here is a potential trade set up for next week. Providing you some pointers for MPS LTD. >>MPS Ltd experienced a beautiful breakout from a well-defined rectangle pattern last week >> As we see in a daily timeframe, it was religiously following a rectangular pattern since more than 1 year, it is more like a broadening rectangular pattern. ...
Welcome back again. Today we will discuss about ESAB INDIA. >>Esab India was consolidating in rectangle channel pattern for 20 months. two weeks back it has given a breakout and retraced till its BZ. >>Again last week it has took support from crucial pivot point and bounced back with a good healthy green candle along with good momentum. >>Today this stock seems...
No matters how bullish the Markets sound to be we can always find good undervalued stocks, Hindalco is one of those company we are going to talk about. Company majorly deals with Aluminum and copper, where it is a market leader in Aluminum rolling and recycling. Stock has corrected more than 50% from its peek last year. why is that case, '' because in just two...
*What the company does ? Likhitha Infrastructure Ltd is a company that specializes in tasks like laying pipelines for supplying gas, constructing canals for irrigation, building bridges over those canals, and carrying out maintenance work related to these projects since 1988. Company's clients- GAIL, IHB, HPCL, IOCL, ONGC, IGL, IOAGPL, TGPL, IGGL, BPCL, etc....
Good evening All! So, HFCL Ltd has been stuck in a beautiful symmetrical tringle pattern for about 2 years now. As we can see from chart it moves up retest it resistance, gets rejection from the trend line and retrace back to support. It's like a cycle that keeps repeating. Right now, it's again retraced back to the support level and is trading above it....
Happy Friendship day to all my fellow Traders! -> As already Explained from chart JTL INDUSTRIES has given a remarkable symmetrical tringle breakout. -> Since 8 months It was in consolidation phase forming a beautiful tringle pattern. -> After successful breakout it has retraced back to its breakout point multiple times and started accumulating, Then again in a...
NTPC, which has been consolidating for over 2 years, has the potential to experience a breakout with strong momentum. As visible from chart it has made a rectangular channel pattern where it has retested it's support and bounced back over and over again. Today, the stock has reached its resistance level and formed a positive candlestick. If the stock breaks the...
Over the last 10 months HCL TECHNOLOGY has shown a remarkable upward trend, consolidating into decent triangular pattern. Last week it breached its trend line and indicating a good potential move. If the market remains Bullish, there is strong possibility this will outperform. If market favors, this stock is more likely to show a decent move as it is still down...
IDFC First Q1 Result. Impressive performance across the board! Deposits up 44% YoY, Advances up 25% YoY, Profits up 61% YoY. Net NPA down to 0.7% (Which is very good indication). ROA at 1.24% vs 0.97% YoY. QoQ net income down -731 Cr. vs 816 Cr. in Q4FY23, but excluding a one-off income of 180-200 cr. from the last quarter, results are still better on a QoQ...
Company's Overview. Abbott India Ltd is one of the market leader and multinational pharmaceutical company in India with a global presence in over 160 countries. It has a legacy of more than 130 years in the industry. Revenue Breakup. In FY22, injectables contributed around 40% of the revenues, followed by tablets at 39%, liquids at approximately 16%, capsules...