naraykln

naraykln Updated 

Anand rathi wealth is a fantastic wealth compounder fundamental stock. Company has posted more than 30% growth in sales and profit in Q2. Consolidation will breakout soon with a potential of 50%.

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Custom index on Nippo battery and Eveready is making Inverted Head & Shoulders Pattern. RSI near to the trendline for breaking out. Electric Vehicle hotspot. Disclaimer: Not holding

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One of the fundamental companies of sugar industry is eid parry. Good capital allocation. Increasing ROCE

naraykln Updated 

Distilleries are going good in EID parry. Ethanol blending at 15% now. Will be 18% in FY25 and 20% in FY26. Recently parry reached in cup target. Have set new target now.

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Good weekly close would be nice. 972 above will head to the final target. Final leg.

naraykln Updated 

Kalyani Steels Q1 results down double digits. Weakness shown in chart since July 15. Till now 800 held as strong support. Not sure if that support will hold further. If 800 gets broken, ~18% fall to 650. Quarterly chart RSI is still ok. But monthly, weekly chart RSI are down. Double top around 1074-1083. Head and Shoulder pattern is forming. An anomaly which I...

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Triangle pattern breakout. After hitting T2 1131.85, Will head to 1391.60 which is 261.8% Fib level

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Lloyds metals & energy has stellar fundamentals of more than 50% ROE over last 1,3,5,10Y and excellent double digits sales & profit growth as well. Double digit ROCE, high operating cash flow with improved and sustained profit margins since 2022. Power generation is a theme that's in progress and lloyds is part of this energy theme. Volume isn't shown. Price...

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IT Cup & Handle pattern formation Target 1 44656.20 Target 2 52304.20

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CDSL is a SIP stock. Looking for ascending triangle breakout.

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DCM Shriram posted fantastic Q2FY25 YoY with 95% profit. Debtor days reduced. Reduction in equity dilution. Q1 & Q2 posted improved YoY numbers with respect to sales & profit. Operating profit improved. Expecting margins and ROCE to improve. Price is just crossed above 50 Day moving average. Technical looks good. Could expect breakout soon. Disclaimer: Not...

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2.92Y ATH breakout. Few weeks tight consolidation by taking 38.2% Fib level support. E-Commerce stocks looking great to increase allocation. Custom index atleast have 10-12% potential

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Cables looking good. Huge demand in cables for next 5 years across multiple sectors. Every player in the industry will get a pie of that demand. RSI daily chart double bottom looking for breakout. Price chart made trendline breakout.

naraykln Updated 

Venus Pipes weekly MaCD breakout. Daily chart RSI breakout. Very strong fundamental stock.

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Nifty smallcap 250 has always taken support at 23.6% Fib level. 17412.95 is the 23.6% Fib level. Let's see if this support holds and then Nifty Smallcap 250 will head to 20K

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Among non ferrous metals, Maan aluminium technicals looks very good. And it gave breakout in weekly timeframe both price & volume.

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Accelya Kale solutions is a software solutions provider for airline and travel industry which has good fundamentals and stellar OPM, ROE & ROCE with reduction in debtor days and increase in operating cashflow. Technicals: Stock has made RSI breakout in weekly timeframe. Price yet to make move strong. 30-40% potential to rise Cons: Working capital days...

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Vertoz Ltd extended Correction wave completed. RSI trendline is about to give breakout in weekly timeframe. Exited channel but High volume in current week. Weekly RSI above 55. Debtor days reduced and company expected to give good quarter. Stock is overvalued and definitely not for long term. Look at promoter holdings from last year. Wild swings in holdings....