The Nifty50 is currently down over 13% from its all-time high. After studying the chart for a while, I’ve arrived at a possible scenario. Since COVID, the index has remained within a channel, and I don’t see any major catalysts—like a recession, pandemic, war, or significant news—driving this decline. In fact, we’ve weathered much more severe global events...
ALIVUS (Alivus Life Sciences Limited, formerly Glenmark Life Sciences) - Breakout Breakout observed in daily timeframe of Alivus, the company has a very good chart pattern and is in a good uptrend and recently broke out with good volumes. The breakout has also been retested and sustained. There could be a good upside in this stock. The company also has good...
CHOLAFIN - Breakout and retest in Daily timeframe. The company has been in uptrend and the trend is likely to continue. I see a good upside potential/ Swing trading opportunity in this stock. There is a good entry point now with a very good R:R. The company has very good fundamentals and has been a consistent good performer. Note: These are my personal views...
INDRAMEDCO - Has shown a Bullish Flag pattern in the Daily time frame - This shows strength in the stock and also means potential upside in the near future. The company has a fantastic history and fundamentally has very attractive numbers, not only this is a good entry point for swing traders but also a good stock to hold for a long term. Note: These views are...
POONAWALLA is currently sitting at a support level it has often returned to. For the past three years, the stock has stayed within this channel. Right now, it seems like there’s a good balance between risk and potential reward if you were to invest. The company itself is performing well based on its financials and seems like a promising option. However, this is...
SHETR - Shetron Ltd. has shown a strong breakout after trading within the same channel for a year. The stock’s price action has been quite predictable, and the consistent trading volumes further support this trend. The company also has solid fundamentals and operates in an intriguing business with noteworthy clients. I anticipate a potential upside in the short...
HINDHARD - Gave a breakout in DAILY timeframe. The stock has been trading in this channel for nearly 2 years and has given a clean breakout with good volume. The company has very good fundamentals and the price action clearly indicates a positive run in the near future. Please do your own analysis before making a buy/ sell decisions. This study is purely based...
JSWENERGY - Appears to have bounced back from it's recent favorite support. I see a good upside of 15-17% in the short time in this stock. The company has been a in good up trend and has dipped for a good R:R grab of 1:1.7 RR. Please check the fundamentals, do your own research before making a decision.
GEEKAYWIRE - Breakout and retest observed in Geekay Wires, the breakout was with good volumes. This stock has excellent fundamentals and a classic compounder chart patterns. The company has been a very good performer with very impressive clientele. This can be both a swing and long term option. Note: These views are personal and for educational purpose. Please...
SUPRIYA - Good breakout with volumes in the Daily timeframe after more than 1 year. The chart indicates a good upside potential of 15% in the near future. The company also has good fundamentals with good growth potential.
BAJAJFINSV - Breakout on the weekly timeframe after 2 years. The stock has been trading in a the same range for around 2 years and finally out of the zone and expected to finally give a good upside rally in the coming weeks, months. Those who are looking for a medium - long term investment opportunity in a well established company, this is an ideal...
WESTLIFE - Breakout is seen after 1 year in the daily timeframe. The stocks has been in a good uptrend and shows good signs of growth both technically and fundamentally. Do you like McDonald's? Well - This company manages all the McDonald's stores in West and South India. These are my personal views, please do your OWN research before making a buy/sell decision.
SIKA - Good breakout observed in the daily timeframe with nice price action. The company has robust sales, profits and growth potential. I see an immediate upside potential of 9% and more.
JYOTIRES - Breakout in daily timeframe observed after one year. The stock has consolidated for a few weeks before a huge-volume breakout. The company has FANTASTIC fundamentals and great growth potential. There is a good upside in this stock, both in the short-team (catch momentum) and in the long-term (strong growth potential). Please do your own research...
BETA - Good breakout is observed in the daily timeframe. This company is a fantastic compounder and has excellent fundamentals and technicals. There is an immediate upside of around 17% and it can also be a good option for long term holding. Please do OWN your research before making a decision. These are only my personal views.
CNCRD - Concord Control Systems I see that CNCRD is ready for it's next swing with an upside potential of approximately 50% The company has excellent fundamentals and has strong clientele, both fundamentals and technical of this stock looks very good and will be a good swing trading opportunity.
VISHNU - Breakout in weekly timeframe after 2+ years. The company has broken out of a range and sustaining the breakout level the last few weeks. Additionally, the company has strong fundamentals with a low PE when compared to the industry. The FIIs have also increased their position in the company. Overall, there is a good upside potential in the company in the...
ELGIEQUIP - Ready for the next swing with an upside potential of 20% in the next few weeks. The stock has been trading in the channel for the last 4+ years, with a steady upside trend. The stock is also backed with good fundamentals and overall at a good spot to leverage for a nice swing trade.