IID-03 ROUTE MOBILE LTD REGIME 🔍 Overview Quantitative analysis Qualitative analysis Final words Overview 📜 { Route Mobile Limited provides cloud-communication platform services (CXPaas) to enterprises, over-the-top players, and mobile network operators in Africa, Asia Pacific, Europe, the Middle East, and North America. RML is based on an Omni-channel...
IID-02 RELIANCE INDUSTRY. REGIME 🔍 Overview Quantitative analysis Qualitative analysis Final words Overview 📜 { Reliance is based on a multi-functional business model worth 16T engaged as the biggest player in private sector corporation in India. These are the basic things that everyone has aware of about founders, historic performance, product...
The INDIANB price action resembles the Bank-Nifty price, In simple, the correlation of INDIANB and Bank-Nifty has a O(1). So, In the last three sessions of Bank-nifty, there is a breakout (ascending triangle) which correlates with INDIANB and signifies the movement of the stock toward the same formation of A.T What does it make sense? BankNifty is going to...
Stock is moving up with very high relative strength and both technicals and fundamentals are strong in the case of market indices correlation. Price is in the trending phase with Higher-Highs of 0.3-0.5 fib retracement which is considered as a fast trending pace of a particular stock. Recently the stock has given a breakout over the distribution phase and now on...
The double bottom has been formed in the last month. Stock is trending with strong relative strength in June so far... Even though Today market has retraced by heavy points, But IT, FMGC & Financial service sector always survive and surge in worst conditions Due to the dollar price have been strong after 7 member did vote in the favour of increasing the interest...
The stock has been affected due to ADANI Enterprise fall and nifty100 as well as nifty metal also sipped from their highs. T.Steel is retesting its Critical demand zone. RRR has shown in the chart for best entry wait for to form the higher highs in 5min candlestick Points to be Note (Technicals + Fundamental) 1. Cup and handle formation. 2. Plunges with...
Stock is in an uptrend for the last 2 months moving with 0.3-0.5 fib retracement. Now pennant is been formed for the next bull run with 20% return in between next 2-3 months if broke the current higher high. Points to be Note (Technical + Fundamental) 1. Pennant Structure 2. In up-trend for last 2 months 3. Fib levels are 0.3-0.5 & Relative strength restest...
ZENSAR is an IT company that consists of multi-stream businesses. It operates two major segments one is application management and the other is infrastructure management services. Overview- Revenue Split: Major revenue comes from USA 70%, Europe 16% and 11.2% South Africa. Their clients are from the USA, UK & EU, Africa. Revenue in Q4 FY21 clocks at 494m with...
ONGC: 2 break-out have observed in the up-trend. The major one is a flag pattern that confirms the rally to the next stop of @140 nearly can achieve the target of 13% . Points to be Note (Technical + Fundamental) 1. Stock is in an uptrend with Fibonacci levels ranging b/w 0.5 to 0.3 fast trend. 2. Relative strength is strong for the month. 3. There have been...
Rising Wedge Indicates the distribution phase in Bank of Baroda, In 1H double bottom formation has been formed and lead to fall in price of 82.50. Regardless of strong relative strength throughout technical POV fundamentals aren't good to hold this stock but here you can get 15% in short term. Upside Entry (breakout): @87.35 Normal Entry: @80.50-@82.50 For best...
Curated Version: These are enough for those who really want to deep dive into the world of finance. Don't think reading only these you're able to do financial modeling things simply do fundamental as well... Company Financial statements are another thing. Going through out these books you'll able to think or relate dots in the Financial World. Foundation of...
Positive Bias : Maruti has formed a clever Head & Shoulder pattern despite of that the current trend is in fast pace of Fib retracement of 0.38. I'm bullish for a long run if it sustained above @6855 level. . Points to be Note (Technical + Fundamental) 1. Head & Shoulder pattern formation.\ 2. Anticipated rejection at level 7060 due to increased in sales. 3. ...
Fixed Range Volume Profile: helps to construct a significant Supply & Demand zones over a specific period of time. Either it belongs to shorter time frame (15m-4H) or secular time frames (1D-1M) . Note: The whole explanation is in Structured manner. Read carefully and Enjoy. Type of FR Volume Profiles patterns. 1. P Type 2. D Type 3. b Type . 1. P Type...
Nifty has struggled this week to gain potential. But now if you observe Head & Shoulder pattern is going to formed with nested pennant structure. As you can see It made a new higher-low but closed above the demand zone. Either it sustain or break but in both cases it going to bounce from yellow dotted volatility demand zone. Points to be Note (Technical +...
Formed bullish Peanut pattern in accumulation phase expresses the Fear phase at MAJOR SUPPLY 1H with results into breakout. Further retesting pull-back zone at yellow doted... but if you see observe bearish CUP & HANDLE zone have being leading to frequent breakout upto @648. . Points to be Note (Technical + Fundamental) 1. Nifty Pharma is in accumulation phase...
Resistance has been broke on last session which also act as a Critical Resistance now turn into Support. If in next session volume rocks with continuation of higher-highs from @83.90 IT will for sure hit 12.40% - Points to be Note (Technical + Fundamental) 1. NCC is high beta stock (1.30B) 2. At Point 3 Circle NIFTY MIDCAP 50 accumulation phase start which...