adityarajnema59

adityarajnema59 Updated 

Fundamentals- RPOWER has shown a turn around in it's balance sheet by repaying it's loan. Repayment has been made using the cash flow from operation and not by selling it's assets. There has been increase in the promotor shareholding as well, though it remains low overall. Even is the operational revenue remains same the company can be expected to recover from...

adityarajnema59

Its fundamental Ratios are really good. RoCE and RoE being much higher than the industrial average. Company is almost debt free. The PE is below average which indicates that it's undervalued relative to its peers. The falling wedge should give a breakout before 50%(122.0) for the cup and handle pattern to stay valid. That could be a good entry point. C&H pattern...

adityarajnema59 Updated 

Candlestick pattern- BULLISH HARAMI (between 25th and 28th Jan) This indicates possible reversal in the bearish stock. Support- It's trading in its very strong support zone. RSI- Over-sold 20.8 on daily chart as of 28th Based on these three, a reversal and a bullish run is expected. The fundamentals of the stock remains intact. NOT A BULL/SELL RECOMMENDATION.

adityarajnema59 Updated 

Ascending triangle formation

adityarajnema59 Updated 

The trend line and Ascending triangle suggest a bullish run for Powergrid. The breakout has been tested.

adityarajnema59 Updated 

For educational purposes. Please make your investment decisions wisely.

adityarajnema59 Updated 

Upward breakout possible in descending triangle formation Hard Support at 1650 Stoploss -1640 Target- 1890

adityarajnema59

Pennant formed with falling volume. Breakout was successful with significant volume. Target1 = Width of Pennant+ Breakout level=200+1140= 1340 Target 2 = Length of flagpole+ Breakout level=560+1140= 1700 Stoploss-1090 With commodity supercycle bull run in expected. For educational purposes. Please make your investment decision wisely.

adityarajnema59 Updated 

Formation of Ascending triangle for short term gains Hold recommended due to commodity supercycle for long term gains

adityarajnema59

Bullish movement is possible as BPCL is privatization bound and has reported strong financials due to inventory gains. Technical Analysis shows the formation of ascending triangle The breakout happened and is being tested currently. Target 1- 545 (All time high) Target 2- 750 Stoploss- 466 For educational purposes only. Please take your investment decisions wisely.