TheWatchfulInvestor

TheWatchfulInvestor

Bank Nifty created a double bottom at Support and retested the neckline, it has started to move after the correction, target is around 52200 as per double bottom's depth. *Not an investment advice, only for educational purposes, do your own research before investing*

TheWatchfulInvestor

Let's evaluate the stock AMI Organics is technically showing a pretty good Cup and Handle Pattern. The fundamentals are also decent with ROCE at 16% and Sales Growth at 15% with little debt. The stock has seen huge institutional accumulation in the last quarter with FIIs and DIIs increasing their stake by almost 11% in the stock. The Stock can BO to achieve short...

TheWatchfulInvestor

Let's evaluate the stock: The Stock has been accumulating for the past 2 years and is Range Bound. The Stock has tried to break The Resistance but unable to do so. The first time it tried to break was in Jul'23 but failed. Reason being good results of Jun'23 Quarter which did not sustain and the stock came back down again to its Support levels. Now, Dec'23...

TheWatchfulInvestor

Honasa Consumer ready for a retest and breakout? Let's Evaluate the stock - Stock Trading at ATH after breakout with enormous volumes - 27 Million against average daily volume of around 4 Million Shares indicates Institutional Presence. Stock is trading at an undervalued PE although it is trading at highest ever profits indicating that the price is...