Hi Friends, Pranam!!! We are going to analysis the Script SIS Ltd . The Script was strong Fundamental Script and the company does not have the debt and P/E was below the industries average and PEG also below 1. The average return of ROE and ROCE for the last years is above 20Pct which sound good. The valuation of the script as per fundamental is very attractive...
Hi Friends, Pranam!!! We are now going to analysis the technical analysis of DAAWAT (L.T.Foods Ltd) Trend of the script was in the uptrend- weaker side and its take the support of the EMA200. The script has taken the support on the weekly TF at 61-64 Range. Price Rejection was evidence near Support. Also the dynamic support was taken. In Daily TF the script...
Hi Friends, Pranam!!! We are going to analysis the BHEL Ltd !!! The script was accumulation phase currently where the EMA200 was flat and script was trading above the EMA200. The EMA50-EMA79 was turn to be dynamic resistance at 58-58.45 The support of the script was at 50 where as the resistance at 61, 71 and 78. In weekly the script was taken the dynamic...
1. What is support and resistance? Support - Area on your chart with potential buying pressure Support - Area on your chart with potential buying pressure Most of the text books says the more times support and resistance is tested, it become stronger. But the truth is the more time it tested it becomes weaker. ( Refer the Image). 2. Support and Resistance is...
Hi Friends, Pranam to All!! The script we are going to analysis is Reliance Industries Ltd.. In Daily TF the script has formed a Inverted H&S Pattern. The trend was in uptrend as per EMA200 as which the pattern was more valid one. RIL was in the consolidation phase for more than a 9 months. The script was traded in a range bound where the now market structure...
Hi Friends, Pranam!!! We are going to analysis the script in the small cap finance segment company Dolat Investments Ltd!! Fundamentally Script was very good based on the following basis screening: 1. Company Profit growth for the last 5 financial years was above 20pct. 2. Sales growth of the company was above 5pct 3. Average return on capital employed for the...
Hi Friends, We are going to Analysis the Pharma Stock which was Fundamentally Strong. P/E was very attractive as per the Fundamental at 7.81 whereas the industries P/E was around 27.25. Company ROE and ROCE for the last 5 Financial Year was above 20pct PEG ratio was very low at 0.35 Company was debt free and capital growth for last 5 financial year was above...
Hi Friends, Crude Oil Positional Trade . The Crude oil was in Downtrend forming Lower Highs and Lower Lows. Dynamic S&R was in the Range (Flat). If the Crude oil brakes above the Last Line of Defense to reverse the trend we can go long based on the following : 1. Stochastic RSI - 4Hr TF, Daily TF and Weekly must above 20 2. MACD should be in Flat on Higher...
Hi Friends, Right now we are going to analysis the script VEDL Script was in the Long Trend. Script was touched the Area of Value with confluence to EMA50 & EMA79 which acts as dynamic Support and Horizonal Support 260. Stochastic RSI in Daily, 2hr and Weekly was in the oversold region . MACD was also in the Oversold area Volatility was in the peak at...
Hi Guys, Welcome to Thenali Views!! We are going to analysis the script Burger King Ltd!!! The script was in the Bullish Trend and the script closes above the resistance zone of 184.70 where the Bullish Engulfing Pattern was found which clearly confirm the script was in the uptrend. The script was also above the CPR. Hence the script has good protentional to...
Hi Friends, Refer to the Dabur, the Script has now reached the channel Top now the script can reverse to the support level. Trend are in the Bullish Side. But Price Action evidence the script was in the parallel channel top which was in the range bound. We are going against the trend based on the below facts: 1. Volatility of the script was in the peak 2....
Hi Friends, Greetings from Thenali Views!! Today we have analyzed the BankNiftyFUT- The index has formed in Symmetrical Triangle Pattern .. Where Lower Highs and Higher Lows are forming. EMA - 24, 79 and 162 was in Long Bias. The pattern was in the extensive Buildup stage. Hence, there may be chance of breakout in the symmetrical triangle in the Long...
Hi Guys, Welcome to Thenali Views!!! Nifty was in the consolidation zone and Nifty take support in the range of 16180-16190 Range. Which Can consider to be Triple Bottom. If the script closes above 16370 above in daily time frame, then the index may move further up to 16550. Hence, Nifty brakes and hold above 16370 then we can go for long or else if its brakes...
Hi Guys, Tata Motors was in the Uptrend and the script was not trading below EMA200. The script was in the support zone of 279-287 and braked above it. Hence, the script can move up to the resistance zone 347-359. Hence we can go for long. SL - Below the Support Zone Target - Resistance Zone
Hi Guys, Welcome to Thenali Views!!! Please find our analysis for Manali Petro Chemical Ltd!!! Manali Petrochemicals is engaged in the manufacture and sale of Propylene Oxide (PO), Propylene Glycol (PG) and Polyols (PY), which are used as industrial raw materials. Fundamentally the company Pros and Cons: Pros: 1. Company has reduced debt. 2. Company is...
Hi Guys, Welcome to Thenali Views? Today we are going to learn how to identify the trend? What is Trend in the Market? In layman language: Stock moves higher and higher its uptrend or Stock moves lower and lower in downtrend. Then.... What is a Range Bound or Consolidation? When the stock moves in a within range for period time its consolidation. But you...
Hi Guys, Welcome to Thenali Views, We are going to analysis the technical analysis of Deepak Nitrite and Fundamentally the Company was very strong and for Wealth Creation, this script is one of the best example. Technical Analysis for Short Term: Script has formed in Triangle Pattern and Breakout has happened both in weekly and daily time frame. Trend of the...
Hi Guys, Welcome to Thenali Views, Route Mobile Which was consistently performing was braked the trend Last line of Defense. Trending Move Candle was getting Smaller and retracement Candles are getting bigger. Script was moving in the Channel Pattern and script may break the market structure on forming Lower High and Lower Lows. Script was closed below the...