Indianstocks
UBL(United Breweries Ltd) Waiting for BreakoutThe idea here is about UBL (United Breweries):
United Breweries Ltd a flagship company of UB Group is engaged in the manufacturing and marketing of beverages.
1. Broken out of Ascending Triangle , Double bottom & retesting of support & neck level completed on a weekly chart as per below:
2. Waiting for breakout of Ascending Triangle & Double bottom on a daily chart at the time of publishing.
3. Trading above 20 & 200 EMA on daily chart & weekly chart.
4. Ichimoku Cloud analysis: Kumo Breakout & Kumo Twist on a daily, weekly & monthly chart is Strong buy for an upward momentum.
5. RSI is at 59.85 on a Daily Chart & 58.87 on a weekly chart at the time of publishing.
6. MACD Way above signal line on daily & weekly chart .
7. Hull Moving & other moving average is a strong Buy on Daily, Weekly & monthly chart. This is a very strong signal for upward momentum.
8. Wait for breakout & retest completion for long entry. However, keep in watch list for the week & alert for price momentum.
Projected targets as per Ascending triangle & Double bottom provided in the chart.
Stop Loss: provided in chart.
Disclaimer: “The above is an Educational idea only and not any kind of financial or investment advice. So please do your own DD (Due Diligence) before any kind of investment”.
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KPR MILL clean BreakoutThe idea here is about KPR MILL LTD
Mentioned below are the points to be considered
Points as per TA on a Weekly Chart:
1. Weekly Candle Highlighted in chart is a Harami Pattern.
2. Gartley Pattern Completed on a weekly chart.
3. Broken out of Downtrend Channel with Good Volume .
4. Support on 20 EMA established.
5. Kumo Twist on a Daily chart is strong.
6. MACD Crossed over Signal on weekly chart.
7. RSI Comfortable at 55.01 on a weekly Chart.
Targets : Estimates based on Gartley pattern provided on the chart for reference.
Disclaimer: “The above is an idea only and not any kind of financial advice so please do your own DD (Due Diligence) before any kind of investment”.
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Lumax Industries Breakout & RetestThe idea here is about Lumax Industries:
The Company offers a range of complete automobile lighting systems and solutions, which includes head lamps and tail lamps, sundry and auxiliary lamps and other related products and accessories for four wheeler, two wheeler, trucks, buses, earth-movers, tractors and a range of applications.
Mentioned below are the points to be considered
Points as per TA on a Weekly Chart:
1. Shark Pattern Completed, Target 1 achieved momentum towards target 2.
2. Broken out & retested Symmetrical Triangle as per chart.
4. Crossover of 20 EMA & 200 EMA on weekly chart.
4. Kumo Twist & Breakout on a weekly chart is Strong buy with an upward momentum.
5. RSI is at 70.87 on a weekly Chart at the time of publishing.
6. MACD way above signal line on weekly chart.
7. Hull Moving Average is on day is sell, Weekly is buy & monthly is sell coming week will decide on the direction of momentum.
8. Keep a watch on price alert.
Projected targets as per Shark Pattern provided in the chart.
Disclaimer: “The above is an Educational idea only and not any kind of financial or investment advice. So please do your own DD (Due Diligence) before any kind of investment”.
Do you like my TA & ideas!!
Want to keep yourself updated with current market action? Then don’t forget boost & to subscribe for more analysis. Do leave your valuable feedback & comments for any improvisations.
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ACC LTD Wait for breakout & retest.The idea here is about ACC LTD.
mentioned below are the points to be considered
Points as per TA on a Weekly Chart:
1. Inverse Head & Shoulder Pattern almost complete.
2. Bullish Ascending triangle formation with top flat & bottom rising.
3. Trading way above 20 & 200 EMA on weekly chart.
4. Strong Kumo breakout on weekly chart (Ichimoku Cloud).
5. RSI is at 60.28 on a weekly Chart.
6. MACD way above signal line.
7. Hull Moving Average is a Buy Signal on a weekly chart.
8. Wait for breakout & retest @ 2400.00.
9. Stop loss just below lower low of right shoulder.
10. Projected target as per inverse Head & Shoulder on the chart.
Disclaimer: “The above is an idea only and not any kind of financial or investment advice. So please do your own DD (Due Diligence) before any kind of investment”.
Do you like my TA & ideas !!
Want to keep yourself updated with current market action, then please follow my profile for more analysis.
Cheers.
Havells India Double bottom BreakoutThe idea here is about Havells India:
The company is engaged in the business of Switchgears, Cable and Wires, Lighting and Fixtures, Electrical Consumable Durables.
1. Engulfing candlestick formation on a weekly chart at the time of publishing.
2. Neckline broken on Double bottom pattern with good volume & may retest the neckline.
3. Downtrend Channel broken & retested the breakout.
4. Trading way above 20 & 200 EMA.
5. Kumo Breakout, Tenken-Sen price cross & Kijun-Sen price cross on a weekly chart is Strong for an upward momentum.
6. RSI is at 63.51 on a weekly Chart at the time of publishing.
7. MACD Way above signal line on weekly chart.
8. Hull Moving Average is a Buy Signal on Weekly & monthly chart and sell on daily which indicates the retest of neckline retest.
9. Enter long or wait for retest of neckline support. In, any case keep a price alert.
Projected targets as per double bottom & Downtrend channel provided in the chart.
Stop Loss: provided in chart.
Disclaimer: “The above is an Educational idea only and not any kind of financial or investment advice. So please do your own DD (Due Diligence) before any kind of investment”.
Do you like my TA & ideas!!
Want to keep yourself updated with current market action? Then don’t forget boost & to subscribe for more analysis. Do leave your valuable feedback & comments for any improvisations.
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IPCA LABORATORIES : Potential Harmonic Reversal The idea here is about Ipca Laboratories:
Ipca Laboratories Ltd is a fully-integrated Indian pharmaceutical company manufacturing over 350 formulations and 80 APIs for various therapeutic segments.
1. Bullish Cypher pattern completed on a daily chart potential trend reversal expected. However, if the trend continues downward then the pattern is nullified. Out of Falling wedge trend at the moment.
2. What is Cypher Pattern? Explained in the below image:
3. Double top completed and currently looks like a Double bottom pattern under formation as per chart at the time of publishing.
4. Trading way below 20 & 200 EMA on Daily chart & between 20 & 200 EMA on a weekly chart.
5. Ichimoku Cloud analysis: Kumo Breakout & Kumo Twist on a daily, Weekly chart is Strong bearish & Strong Bullish on monthly chart.
6. RSI is at 30.37 on a Daily Chart at the time of publishing. This indicates almost oversold at the time of publishing.
7. MACD below signal line on daily chart, and converging towards signal line.
8. Hull Moving average on a daily & monthly is sell & on a weekly chart is a buy.
9. Wait for trend reversal & retest may be for long entry (short term). However, keep in watch list for the week & alert for price momentum.
Projected targets as per Cypher Pattern provided in the chart.
Stop Loss: Provided in chart as per Cypher pattern.
Disclaimer: “The above is an Educational idea only and not any kind of financial or investment advice. So please do your own DD (Due Diligence) before any kind of investment”.
Do you like my TA & ideas!!
Want to keep yourself updated with current market action? Then don’t forget boost & to subscribe for more analysis. Do leave your valuable feedback & comments for any improvisations.
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JSW ENERGY- DAILY TIME FRAME LONG SETUPThe Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart).
Note: its my view only and its for educational purpose only. only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves.
we do not get into bullish or bearish traps. we anticipate and get into only big bullish or bearish moves (Impulsive moves).
Just ride the bullish or bearish impulsive move. Learn & Know the Complete Market Cycle.
buy low and sell high concept. buy at cheaper price and sell at expensive price.
Keep it simple, keep it Unique.
please keep your comments useful & respectful.
Thanks for your support....
BANK OF BARODA - DAILY TIME FRAMEIts looking bullish, waiting for the BANK OF BARODA - to correct and then give us long opportunities.
Note: its my view only and its for educational purpose only. only who has got knowledge in this strategy will understand what to be done on this setup. based on my technical analysis only.
Why is Anil Ambani’s Reliance Power up 40%? Shares of Reliance Power (NSE: RPOWER) have been volatile after the Indian electric company secured a long-term debt agreement for up to 12 billion rupees ($150.4 million) from private equity firm Varde Partners, a US based investment firm focused on distressed assets in India.
RPOWER announced the deal on Sept. 5, sending its shares surging and at close of trading, the company stock price had risen 9.9% to 23.30 rupees. On Sept. 6, the company’s stocks dropped 6.0% at close of trading to 21.95 rupees.
The abrupt increase in Reliance Power's stocks, albeit short lived, elicited a warrant for explanation from the National Stock Exchange of India Ltd. and BSE Ltd. In its response, the company said it couldn't comment on the price movement and assured that it will make an announcement when necessary.
Perhaps more alarming is the climb in RPOWER’s share price before the announcement. In the two days before the announcement was confirmed, RPOWER’s shares climbed 37%.
Reliance's Power in India
Reliance Power is an electric power generation, transmission and distribution company based in Mumbai, India. It is the country's leading private sector power generation and coal resources company with one of the largest portfolio of power projects in the private sector, based on coal, gas, hydro and renewable energy. It has an operating portfolio of 5,945 megawatts.
A member of the Reliance Group conglomerate, the power company has a market capitalization of $992.8 million. In the quarter ended June 30, the company recorded a loss attributable to owners of its parent at 708.4 million rupees against a profit of 122.8 million rupees in the prior-year period.
To support its future plans, the company is considering raising fresh capital from both domestic and international investors. Apart from the recent agreement with Varde Partners, Reliance Power is considering an issuance of equity shares, equity-linked securities or convertible warrants to amass funds that it can utilize in the long run. The company's board will meet September 8 to consider future fund-raising plan.
Operating Within the Ambani Conglomerate
Reliance Power forms part of the Reliance Anil Dhirubhai Ambani Group, which is founded majority-owned by Anil Dhirubhai Ambani. Anil is also the chairman of Reliance Power.
Anil is the youngest son of Indian billionaire Mukesh Ambani, the chairman and managing director of Fortune 500 company Reliance Industrial (NSE: RELIANCE), which is also the most valuable company in India.
The brothers divided their father's business empire a decade ago. While Mukesh, who was Asia's richest man until fellow Indian billionaire Gautam Adani surpassed him, continued expanding his businesses, Anil is currently having troubles with companies defaulting and being put under administration. Nikkei Asia reported that Anil even declared himself to have a personal net worth of zero.
Reliance Power's affiliate, Reliance Capital, is currently on the market with an investor group including the Hinduja Group and Oaktree Capital offering 45 billion rupees for the diversified financial services company, Economic Times of India reported. Also on offer are India's fifth-largest privately owned general insurance company, a stockbroker, a stake in an asset manager and Reliance Capital's 51% share in a life insurance venture with Japan's Nippon Life, among other assets.
While it is yet to be seen if the current troubles of its affiliates will spill through Reliance Power, its recent loss will definitely not boost investor confidence. Furthermore, the company's fundraising initiatives are hardly proving that it is in a very secure position in terms of capital.
CNXENERGY - DAILY TIME FRAMEThe Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart).
Note: its my view only and its for educational purpose only. only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves.
we do not get into bullish or bearish traps. we anticipate and get into only big bullish or bearish moves (Impulsive moves).
Just ride the bullish or bearish impulsive move. Learn & Know the Complete Market Cycle.
buy low and sell high concept. buy at cheaper price and sell at expensive price.
Keep it simple, keep it Unique.
please keep your comments useful & respectful.
Thanks for your support....
GRP LTD Double Bottom BreakoutThe idea here is about GRP LTD:
GRP Ltd is engaged in the production of reclaim rubber from scrap of whole tyres, tread peelings, natural rubber tubes, butyl tubes, molded rubber products for different applications in both, tyre and non tyre rubber products..
1. Broken out of Ascending Triangle, Double bottom & retesting of support & neck level in progress at the time of publishing.
2. Trading above 20 & 200 EMA on daily chart.
3. Ichimoku Cloud analysis: Kumo Breakout & Kumo Twist on a daily chart is Strong for an upward momentum.
4. RSI is at 70.46 on a Daily Chart at the time of publishing.
5. MACD Way above signal line on daily chart.
6. Hull Moving & other moving average is a strong Buy on Daily, Weekly & monthly chart.
7. Wait for retest completion for long entry. However, keep in watch list for the week & alert for price momentum.
Projected targets as per Ascending triangle & Double bottom provided in the chart.
Stop Loss: provided in chart.
Disclaimer: “The above is an Educational idea only and not any kind of financial or investment advice. So please do your own DD (Due Diligence) before any kind of investment”.
Do you like my TA & ideas!!
Want to keep yourself updated with current market action? Then don’t forget boost & to subscribe for more analysis. Do leave your valuable feedback & comments for any improvisations.
Cheers.
APOLLO TYRES - 240 MINS CHARTThe Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart).
Note: its my view only and its for educational purpose only. only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves.
we do not get into bullish or bearish traps. we anticipate and get into only big bullish or bearish moves (Impulsive moves).
Just ride the bullish or bearish impulsive move. Learn & Know the Complete Market Cycle.
buy low and sell high concept. buy at cheaper price and sell at expensive price.
Keep it simple, keep it Unique.
please keep your comments useful & respectful.
Thanks for your support....