Stock-n-Shine

Stock-n-Shine

Hi All, This idea is related to Jayant Agro Organics Ltd Fundamentals: The Company is mainly engaged in manufacturing and trading of castor oil and its derivatives such as oleo chemicals. Market Cap - 962 Cr Stock P/E - 18 Book Value - 181 Promoter Holding - 67% EPS - 17.6 Debt to Equity - 0.29 ROE - 10% ROCE - 12.2% Dividend Payout - 23% Technicals: This...

Stock-n-Shine

Hi All, This idea is about ELIN ELECTRONICS (EMS Sector) Fundamentals: Market Cap - 1033 Cr Total Sales - 1042 Cr Stock P/E - 74 Healthy quick ratio - 2 Low ROCE - 5.12% Increase in promoter holding by 0.42% but still promoter holding low at 33 Technicals : Price has just broken out of consolidation since Feb 23 near to its listing with expansion in...

Stock-n-Shine

Hi All, General Insurance Corporation of India - CMP (406) Market Cap - 71309 Cr Stock PE - 10.7 Book Value - 315 Promoter Holding - 85% EPS - 38 As per the technical pattern on weekly timeframe, price action has formed Bullish Continuation Pattern and is currently trading at lower channel of the trend formation. An upside of 40% is clearly visible over...

Stock-n-Shine

This chart is extremely interesting to study Look at the pattern During first contraction, there was a huge supply which took the price to abyss levels of 17 from levels of 280. The contraction measured 91% as per the scale Second contraction supply got limited to only 50% retracement & in the third it was only 28% This shows diminishing supply pattern....

Stock-n-Shine

BankNifty has been on a rising wedge channel on a weekly chart since Jan 22. It has now reached the upper band touching 51934 and should now revert back towards the lower band It can be shorted by buying Puts

Stock-n-Shine

The pattern is based om Monthly TimeFrame so it is meant only for long term Investors Made a high on Jan 08 of 131 and then went under a major contraction of 10 Years when it again made a high of 147 in Oct 17. That was the formation of first contraction. Similarly it went for another contraction of 4 yrs & then eventually of 3 years. It can give a big upside...

Stock-n-Shine

Price Action has formed 3 contractions and getting tighter after each successive contraction as marked by the percentage. Once the price breaks the supply zone barrier it might give a good return

Stock-n-Shine Updated 

Price Action has broken the horizontal supply zone residing inside the rising wedge formation since Apr 19. Price can reach upper channel in next 3-4 months (12-16 weeks)

Stock-n-Shine Updated 

Many people suggesting to take trade and go long for HOMEFIRST Please give it a day till it beraks the channel convincingly & then take a trade

Stock-n-Shine Updated 

Breaking out of the channel with supported volume Huge sector tailwind behind Semiconductor manufacturing in India

Stock-n-Shine Updated 

IEX is giving positive signal of moving out the pattern Relative strength against Nifty also gaining strength & turns positive

Stock-n-Shine Updated 

This is a detail explanation of the VCP pattern formed in GenusPower It involves the technical footprint with Time, Price and Symmetry

Stock-n-Shine

Promoter continuously increasing stakes From 64.8% in Mar 23 to 71% in Mar 24 Good Financial numbers Sector tailwinds as chemical sector gathering strength Strong Vol support

Stock-n-Shine

On weekly chart, a complete CUP formation is complete Do not take any trade here Wait for the complete pattern to form If it breaks, can go long else it might form a handle by giving another squeeze

Stock-n-Shine

Price action was under tight consolidation for last 3.5 yrs Good Breakout with good volume Demand should exceed supply at this point & should push the stock price higher

Stock-n-Shine

For last 1 year Godrej Properties has been in a rising wedge channel Price is at the top range of the channel & it fell in the last trading day It can be shorted or put can be bought in case of FnO

Stock-n-Shine

TIL is showing breakout on a very long base of 20 years in a 3 month chart Meant for long term investing with big returns Not for short term trades Sector tailwinds

Stock-n-Shine

LTF is looking good with a strong breakout supported by good volumes Check the relative volume on the lower scale Can give a upside to the upper channel of rising wedge