MOILthis stock breakout M TF level and stock gave good opportunity for swing trade and TGT will 423,487,631
Indianstocks
Vardhman Acrylics Ltd :-: analysis ⏰ VARDHACRLC📌 DYOR ( do your own research 🔎 ) 📍 NFA
Above yellow 🟡 close 📌 beginning of upward ⬆️ momentum
It's small cap stock with high :-: promoters / with good dividend 📌
₹92 is key resistance 📌 we see some pressure :-: above it ☑️ never visit box below yellow 🟡
🎯 ₹111
🎯 ₹144
🎯 ₹300
Below green 💚 box 📍 danger ⚡
Just save my idea 💡 follow and give boosting 🚀 and pls share 🤝
Follow upcoming updates ..... 🧵 👇
Swing Trade : TRUCAP FINANCEBased on the observation I've shared, Let's break down the chart says :
Trend Line: I noticed that there is a one-year-long trend line that was pierced on the 28th of June. This indicates that the price broke above the trend line, which can be interpreted as a bullish signal.
Higher Highs: I observed that the price has been forming higher highs from the previous swing low. This pattern of higher highs signifies a short-term bullish trend, indicating that buyers are currently in control.
Volumes: The volumes traded in the market seem to confirm the presence of strong participants. Higher volumes usually indicate increased activity and interest from traders and investors, further supporting the bullish case.
Rejection on Daily Horizontal Level (RD): It seems that the price encountered rejection at a daily horizontal level, suggesting the presence of resistance at that level. This rejection implies that there are sellers who are pushing the price down.
Considering these observations, it appears that there are both bullish and bearish factors influencing the market. Aggressive buyers may consider entering on a price dip if they believe the bullish trend will continue. Alternatively, some market participants may choose to wait for the price to breach the current high level for confirmation before entering.
Please remember that the information provided is solely for educational purposes and should not be construed as financial advice. It is always prudent to consult with a professional or financial advisor before making any financial decisions.
For educational purposes only. Not financial advice. Consult a professional before making financial decisions. #Disclaimer
#NiVYAMi
NAVKAR CORP - SWING TRADE IDEA - 15-20% ROI.Stock is in uptrend in all the Higher time frames, bullish flag breakout and consolidation and then BO is seen.
The stock is poised for an up move of 15% from current market price.
One may consider entry at CMP - 110 , target supply zones at 121, 125, 133, 137 zones.
#IKIO - Base formation happening#IKIO
Bought some IKIO Lightings Ltd shares @₹324.15/-
Stock available at a discount of >17% from stock listing price in Jun’23
Small-Cap Company has good fundamentals; can give good returns.
I would be worried only if stock breaks recent lows, else relaxed on this one.
#PDMJEPAPER Stock is looking great #PDMJEPAPER
Stock is looking great again. Made a fresh ATH today after breaking out of a 434 days consolidation.
I expect to see another 25-30% move in coming days/ weeks.
Seshasayee Paper Board - Short Term Idea, 25-30% ROI.The stock is in strong uptrend in all larger time frames. Poised for a daily breakout - part of Monthly reversal.
Monthly - Strong buying candle seen in September, which could not be defeated by sellers in Oct and Nov and Dec shows a hammer, which is a sign of reversal. All being inside candles.
One can enter at current market price and hold for target of 530 in the short term.
For swing immediate 10% upside is seen, target at 415-420.
MAHINDRA LOGISTICS This stock breakout 8 months consolidation level with huge volume candle and TGT will be 553 and SL bellow 383
only for educational purpose
SWING IDEA - SAINTGOBAINALL TIME HIGH !!
The stock price breached 'all the high' mark. The momentum seems to be strong. We can see a potential up move in SAINT GOBAIN .
Reasons are stated below :
Daily candle closed above all the high.
Price broke out after a consolidation phase of 4months.
Formed a marabozu candle on weekly timeframe.
Price is above 50 and 200EMA.
Higher-Highs are being made i.e stock is in uptrend.
Target - 152 // 180 (these are derived from Fibonacci extension tool)
StopLoss - weekly close below 119
ELINThis stock breakout recent resistance and stock gave good opportunity for swing trade TGT are 175,193 SL 147
TRACXN - Poised for an up move of 10-15% ROI Swing Trade The stock is in a strong uptrend in all Higher time frames.
The RSI is above 60 in D,W,M.
The stock is showing a volatility compression in Daily timeframe.
One can look to enter at 118 and look for swing targets of 128, 137, 150.
NAM_INDThis stock breakout ATH level and TGT will be 612,865 and final TGT is 1022
and SL bellow 417
AUROBINDO PHARMAThis stock breakout ATH level TGT will be 1466,2114 and SL will be 962 and this is only for educational purpose only
SWING IDEA - NAZARA TECHNOLOGIESNazara Technologies has captured our attention as a prospective candidate for a swing trade, showcasing compelling technicals that hint at the potential for an upward rally.
Reasons are stated below :
Nazara Technologies has undergone multiple tests around the 900 levels and successfully broken through, signaling a notable shift in market dynamics.
A noteworthy bullish marubozu candle observed on the weekly timeframe adds a robust bullish sentiment, laying the foundation for a potential upward rally.
The surge in volume activity is a noteworthy signal, suggesting heightened market interest and potential momentum behind Nazara Technologies.
Trading above the 50 exponential moving average (EMA) signifies a continued upward trend, providing confidence in the stock's potential for a swing trade.
Nazara Technologies consistently forms higher highs, indicating a sustained uptrend and reflecting positive sentiment among market participants.
Target - 1244 // 1676
StopLoss - weekly close below 837
Disclaimer :
Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services.
@visionary.growth.insights
NSE:DBL Dilip Buildcon- Let's study what going on Dilip Buildcon (DBL): A Deeper Dive Into the Infrastructure Giant 🏗️
Once regarded as a wealth destroyer with a stark 61.19% decline in the past 5 years, Dilip Buildcon Limited (DBL) is now making headway in the Indian infrastructure sector. But, before diving into the details, let's shed some light on the company's background. 📖
Founded in 1987 by Mr. Dilip Suryavanshi, DBL has grown to be one of India's major construction and infrastructure development companies, headquartered in Bhopal, Madhya Pradesh. Despite its past performance, recent trends suggest DBL offers good value based on its Price-To-Sales Ratio (0.3x) compared to the industry average (2.2x). 💰
Reputed brokerage AnandRathi has assigned a 'Buy' call on DBL, with a one-year target price of Rs 255. That's quite a vote of confidence! 👍
In the recent Q4 FY23, two key highlights were the de-levering and steady pace of execution for Dilip's projects. The company managed to reduce its net debt in Q4 by approximately Rs 220 crore, bringing the net debt down to Rs 2,380 crore. This has led to an annual de-levering of Rs 360 crore for FY23. 💸
The firm's operating profitability may have been underwhelming, but the progressively dwindling margin-drain from the older order book and the rising contributions from recent orders show potential. The company is aiming for measured growth, keeping in mind that aggressive revenue growth could lead to increased working capital needs. 📊
Upcoming Projects and Initiatives 🚧
DBL is not just limiting its efforts to construction and infrastructure. The company has a clear focus on cash flow generation and continues to work on monetizing its assets. The implementation of LD slag has seen a GST reduction from 18% to 5%, benefitting the road construction, civil-related works, and cement sectors. This could mean a positive impact for companies like Ashoka Buildcon, IRB Infrastructure, Elgi Equipment, L&T, Ncc, NBCC, PNC Infratech, and of course, Dilip Buildcon. 👷♀️👷♂️
Wrapping Up 🔚
While DBL has faced some major setbacks, it is working diligently to turn things around. But as with any investment, always conduct thorough research and due diligence. DBL is an interesting company to keep an eye on, given its improving performance and recent initiatives. 👀
Disclaimer: Not invested The above information is for study purposes only and does not constitute investment advice.
TITAN SECURITIES LONGstock reached from 25 to 40 in just 5 days
can reach higher in longterm
targets 70-80 in a month
#CERA weekly candle closed bullish imo.#CERA weekly candle closed bullish imo.
Falling wedge right at support. I think if this support holds, there is a chance of another 20-30% move to the upside..
A massive wave may be coming in HINDWARE in coming monthsThe stock was seen rising in an impulsive 'wave I' structure between March-Aug 2023.
Wave II happened between Aug-Nov and wave II managed to retrace 50% of wave I.
In the past 2.5 months, the stock displayed a minor wave i of wave III and a retracement of the same in the form of minor wave ii.
The stock now looks all geared up to move up and cover the remaining legs of Wave III.
Wave III projected target is around INR 900-920, which means a good 80% upside from CMP.
On the downside INR 479 can be used as a "SL".
TV18 has 50% upside now open.ABOUT THE COMPANY:
TV18 Broadcast Limited, a subsidiary of Network18, manages its primary business of broadcasting. It runs a news network in India, spanning business news, general news, and regional news. Brands like CNBC-TV18, News18 India, and CNN News18 are part of this company.
Besides the news network, the company also operates a portfolio of television entertainment channels, sports channels and digital platform.
The Group also has a presence in the film production and movie distribution business through its studio –Viacom 18 Motion Pictures. TV18's infotainment subsidiary AETN18 Media Private Limited operates a factual entertainment channel - History TV18.
ABOUT THE CHART:
The stock price of the company gained almost 80% between Mar.2023 and Sep.2023. This phase was an impulsive 5-wave advance(Elliot-wave theory) that has been labelled on the chart as 'wave 1'.
From the beginning of Sep. and till almost the end of Oct., the stock corrected nearly 50% of 'wave 1'.This correction was an Elliot-wave zig-zag(labelled as ABC).
The stock then proceeded to move upwards after the 'wave 2' bottom and managed to make a minor 'wave i' of "WAVE 3" that it is now in. The "WAVE 3" target is projected close to INR70-72 zone(50% from CMP)
On Friday's session, the stock broke out from a trendline resistance along with a massive volume gain.
On the down side, INR 43 can be now used as a 'SL' level.
NOTE*- The views expressed are based on personal opinions and observations. Please do thorough research/analysis of any instrument before making any trading/investing decisions.
Weekly Elliot waves for Dish TVIn this age of internet and mobile entertainment, is there a scope of survival for a satellite television provider?
Well the above chart attempts to make a projection of the path the Dish TV stock can take in coming years based on the rules and guidelines of the Elliot wave theory.
To highlight the most important thing about it, the stock had a clean impulsive move from March 2020 bottom.
Note*- The chart is for educational and study purpose only.
Phoenix Mills ready for quick 5 % gainsThe stock has compressed and poised to move out of the compression zone. One may consider to enter at around 2600, target 2720 and further trail.
