ICICI Prudential is showing Cup & Handle pattern. A break-out will see price moving towards ATH and thereafter 820 as second target. Other parameters: 1. Volume is increasing 2. RSI is above 60 3. MACD is making green histrograms "Clean Chart, Easy Chart" Learning and Earning!! Cheers!!
Suven Pharmaceuticals Ltd is showing a bullish momentum: Volumes - Increasing EMA 10/20 - respecting and price has now moved above it RSI - Above 60 MACD - Positive "Clean Chart, Easy Chart" Learing and Earning!! Cheers!!!
KPI Energy is into Solar Power Sector. It has recently got commissioning certificate for 4.10MW wind-solar hybrid project. TTM sales and Net Profit is highest, resulting in EPD of 33. Borrowings have increased, which is evident from the new commissing plant news. With the plant now being commissioned, we can can expect increase in revenue, and profitability. We...
L&T Finance is a NBFC, having lowest PE in peer group. EPS is on a rise, with June'23 Quarter showing higher every profit. With festival season coming up, the disbursement of funds are expected to be rise and so the top-line and profits. Fib-retracement is an important concept which provides that generally a stock retraces from 0.5 - 0.618 levels, the most...
Tata Power Techincally is showing a uptrent making higher high and higher low. If we draw a trent line, the movement should respect the same and move to higher target. RSI and MACD is positive on weekly time frame. Fundamentally, Tata power is great longterm stock - with power stations, batteries, EVs, the future looks bright and we can see a longterm value...
Company is the largest manufacturer of large size plastic drums with a market share of ~60% and its 75% revenue comes from pakaging. Though the EPS and Profit has very marginally come down on QoQ basis, if if go purely by indicators: 1. MACD close to getting green 2. Touching top BB 3. Volunes increasing We can expect the price to move up towards its targets....
HAL, a defence sector company has seen a steady increase in P&L and top-line. EPS has increased from 97 in 2021 to 180 in 2023. With Govt. push on defence sector, HAL will play a major role. From Technical side, HAL is showing a bullish flag patter, and is currently in consolidation phase. The next move is expected once the flag resistance i.e. ~4000 is broken....