Maharashtra Seamless has given a double bottom and rectangular breakout with big volumes. I am expecting this stock to move towards our targets. Other factors: 1. From a downward channel, the stock has started its reversal giving a double bottom and rectangular pattern breakout. 2. Volume Candle - The breakout candle is big volume candle 3. The 20 EMA is crossing...
BLS International is giving a All Time High Breakout and Cup & Handle Breakout. We can see price moving towards 555 and 720. Other factors: 1. Highest Top-line; Profit and EPS 2. Sky is the limit for growth 3. One of the top 5 companies in this sector 4. Moving from 3rd party processing center to self owned centers - adding to more profitability 5. CUP & Handle...
Goldiam International is ready to take off to a new journey. It is making a move + base + move. We pocketed ~50% profit in earlier move and now it looks more strong. It has crossed its recent base and ready to take off. Other factors: 1. RSI is positive 2. MACD is positive 3. Volumes are amazing 4. Fundamentally, it has top niche financials. 5. Launching its own...
Hudco has given a breakout of downard trend. It may retest again at a zone marked in green. We believe it is heading towards 300 as first target and then to ATH. Following are the factors: 1. Beneficiary of PMAY 2.0 scheme - more disbursements to every kind of sector. 2. Recent agreement with NBCC for land development in Noida 3. Financing Amravati Project in AP...
Shilpa Medicare has given a ATH breakout and is looking very strong for a good upmove of 50%+ returns. Other factors: 1. Stock has given a Double Bottom Pattern as well and which coincides with ATH breakout. 2. Even in recent stock market turmoil, the stock has sustained and looking very strong. 3. Fundamentally, it has rising top-line and bottom line from last...
HomeFirst has given a break out out of cup & handle pattern. We can expect price to move towards 1400. Other factors: 1. See last week's volume, a breakout with high volume shows bullishness. 2. RSI is above 60 3. MACD is positive "Clean Charts, Easy Charts" Learning & Earning!!! Cheers!!
J&K bank is the hidden gym in Banking sector. I am super bullish on J&K bank on account of following: 1. Increasing top-line from last 13 quarters 2. Best TTM results 3. Asset quality increasing quarter on quarter 4. Currently at 52 week low - every time it hits 52 week low, it moves to 52 week high 5. Break out of downward channel Amazing Value Buy - Given...
TilakNagar Industries has given a breakout of Cup & Handle with good volumes. This is heading to 400+ as first target. Other factors: 1. Breakout of Cup & Handle and then retested but with lesser volumes shows strongness of stock. 2. RSI is good and moving towards above 60 3. MACD is becoming positive 4. One of the best Quarter results 5. Becoming a debt free...
Medanta is looking strong to move up by 70%. Other factors: 1. New Hospitals in Mumbai & Noida region 2. Beds capacity to be increased by 83% in next 2-3 years 3. Venturing into guest house / service apartments for providing seamless services to foreign nationals 4. Best TTM results 5. Debt has bee reduced 6. It is on a toward channel so a good value buy. A...
Arvind Fashion has given breakout of Cup & Handle pattern on weekly time frame. If you observe there is a smaller cup and handle pattern as well in the larger cup & handle pattern. We can see price moving towards our targets of 560-685-950+. Other factors: 1. Weekly volume is great 2. RSI is +ive 3. Fundamentally company is doing great - from loss making to...
Parag Milk Foods is one of the few listed companies in milk space. With strong presence in Cheese & Ghee segment, this stock should give fabulous returns. Other factors: 1. Weekly trend-line Breakout 2. Cup & Handle Formation on weekly time frame 3. Volumes are steady 4. Price is respecting 20 EMA 5. Future growth prospects looking good. Keep following...
Godrej Agrovet has given a breakout of its 2018 price and has not retesting the same. It has created a flag pattern and a breakout of same can give a massive 65% return. Other factors: 1. 2018 price breakout and retesting - strong set-up 2. Flag pattern on DTF 3. Largest palm oil plantation in India with 75000 hectares and by 2027 to increase to 100k hectares 4....
Titagarh Wagons is looking strong and we can expect a 45% rise in price from current levels. Other factors: 1. Hammer candle at the right level on weekly time frame signifies trend reversal, buying at right levels. 2. Volumes were higher when stock was moving up, however, it were on a lower side when stock corrected - signifying strong stock. 3. FIIs & DIIs have...
BlueDart has breached its daily down trendline. We can see good volumes as well. The target here is 9600+. We can wait for a pull back and it should not breach the trendline. Other factors: 1. RSI is above 60 2. MACD is on the verge of making a green histograms Good risk ratio on this trade. "Clean Charts, Easy Charts" Learning & Earning!!! Cheers!!!
Edelweiss is at multiple confluence points at monthly time frame - it has made cup & handle patter, flag pattern and a rectangular pattern. A breakout of the stock will definitely looking to move upwards. Other factors: 1. See volumes - building / consolidating 2. MACD is improving 3. RSI is above 60 4. Fundamentally also, good Q1 result, selling stake for 1.5k...
Asian Paints is a large cap stocks and a market leader in paint industry. It has been consolidating beautifully, and we can see it moving towards ATH. Other factors: 1. RSI is improving 2. Steady volumes showing consolidating in a range 3. High delivery ratio from quite some-time 4. TTM topline and profitability is second best as compared to prior years 5. DIIs...
We have used fibonacci retracement tool to check the retracement of price. The price has reached 0.382 and once cross this, we can see change of trend. We can also see the EMA20 about to cross EMA200, which will show bullishness in the stock. The fibonacci at 0.5 level, 0.618 as resistances, and on crossing each resistance we can see price moving up. Other...
TVS Motors has. made a double bottom and has also broken the downward trendline. We can expect the price to move towards 2500+. Other factors: 1. RSI is improving, once it moves above 60, a good bullish sign 2. MACD is improving 3. Volumes are steady 4. Highest TTM sales, operating profit & Net profit 5. Sales growth by 23% in Jan'24 month "Clean Charts, Easy...