azuriste

azuriste Updated 

RSI Strength. Pennant Breakout and Retest Done. I am a bit late with the analysis. 1st target looks easy. Might give a small correction and then proceed to 2nd target at 5300. Idea is for educational purpose only.

azuriste

Long Setup. Short term movement in Ascending Channel. (Target 1) Long Term movement towards ATH. (Target 2) Disclaimer: For educational purposes only.

azuriste Updated 

Details are mentioned in the chart. RSI regaining strength from the bottom. Fundamentally also, the company is performing well. Let's wait for the next few days.

azuriste

Good setup. Came out of 2.5 years consolidation period. Breakout and Retest also done. Fundamentals are also good. Looks like its ready to fly.

azuriste

Pole and Flag. Downward channel. Will break it soon. Everything is OK with this large cap stock. Fasten your seatbelts. Disclaimer: Educational purposes only.

azuriste Updated 

SPIC is trading near the strong support zone. Hopefully, it will stay there for some time if it does not break the zone. Might have to wait for its bouncing back.

azuriste Updated 

Hi everyone! After a long stretch of sideways movement, it appears Happiest Minds is getting ready for a reversal. Short term and Long Term targets (if breakout sustains), are mentioned in the chart. Fundamentally, the stock is performing good and the latest quarter results are good with increasing Net Profit and EPS. Item YOY Dec 2023 Sep 2023 Dec 2022 Sales ⇡...

azuriste

Chart is self-explanatory. RSI also regaining strength. This is for educational purpose only. Be careful in this volatile market.

azuriste

RSI down. Bearish Expanding Triangle Pattern. Price moved towards the moving average. Reversal from all-time high and multi-year breakout. Will the downtrend start or channel continues.

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It appears a clear case of rising wedge. Indicators are shown in the chart. Market is unstable. Be wise.

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One of the leading EV manufacturers. Item YOY Dec 2023 Sep 2023 Dec 2022 Sales ⇡ 52% 106 , 45.1, 69.8 EBIDT ⇡ 77% 11.5, 5.84, 6.49 Net profit ⇡ 66% 5.70, 2.42, 3.43 EPS ⇡ 69% ₹ 0.22, ₹ 0.09, ₹ 0.13

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Fundamentally Good. Balance Sheet +ve. Good Quarterly growth and YoY. Item YOY Dec 2023 Sep 2023 Dec 2022 Sales ⇡ 12% 83.2 76.6 74.2 EBIDT ⇡ 8% 16.3 13.9 15.1 Net profit ⇡ 23% 6.15 5.69 5.00 EPS ⇡ 23% ₹ 2.70 ₹ 2.49 ...

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Hi everyone. Rama steel appears to have come out of a triangle breakout which was followed by a retest. Now it seems to be in the accumulation zone. Company has reported good quarterly results. Let's wait and see if this steel is strong enough.

azuriste

Hi Everyone! I hope you all are fine. Today I have brought an interesting Price Action case study of Coal India. Although the chart is self-explanatory, I will mention some key points. 1 . Always watch Support and Resistance—the basics of Price Action. 2. If the price goes too far away from the moving average(in either direction), be cautious, as sooner it will...

azuriste Updated 

A cup and handle formation appears in the weekly timeframe. If it sustains above this level, might present ample opportunities. Keep strict stoploss. This is not a buy or sell advice. And only for educational purposes!!

azuriste Updated 

Long Position. This is a technical analysis. High Volume Financials: 1. Company has reduced debt and is almost debt free. News: Recently in news for indigeneous Dengue vaccine trials. This is for Educational purposes only. Investing decisions should be made wisely and not emotionally as per your own risk.