Trident LTDLargest Manufacturer of terry towels in the world. World’s largest wheat straw-based paper manufacturer, and one of the major bath linen providers in the US Forward & Backward integration of operation.
Trident is the second-largest player in home textiles and the third-largest yarn manufacturer in India.
The company has a presence in over 150 countries around the world, with marketing offices in Chandigarh, Bhopal, Gurugram, New Delhi, and Mumbai, and overseas operations in New York, USA, Dubai, and UK.
The company launched ‘Vision 2025’, a plan for coordinating Group efforts to improve the company's positioning across all business verticals. Its goal is to reach Rs 25,000 crore by 2025 with a 12% increase in the bottom line. It also aims to establish Trident as a national brand and digitalise it by completing the smart manufacturing or Industry 4.0 journey
Geographical Split FY22
India: 32%
USA: 44%
Rest of World:24%
DISCLAIMER - IT'S MY STUDY PONTS NOT ANY RECOMMENDATION. THIS IS ONLY FOR STUDY PURPOSE.
Midcapstocks
Dixon Tech The company has 18 Manufacturing units spread across the nation and they offer complete solutions to its customers from the Manufacturing and designing to assembly and delivery support across all the verticals.
In FY22, the Co. has incurred a capex of Rs. 417 Crore. It believes that the annual business capex will likely continue to be in the vicinity of Rs. 300 to Rs. 320 Crore for FY 22-23 relating to expansion of capacities across existing verticals & diversifying into new verticals linked to the core of electronics; backward integration, PLI related capex & development of state of art infrastructure.
The Co. received 5 approvals under the PLI scheme of GOI including that for manufacturing of Mobile, Telecom & Networking Products, IT Hardware, Air Conditioners and LED Lighting, which is likely to redefine its revenue model.
and RSI indicates the buy zone today and stock making amazing revenue and profit also and it is a fundamental strong company.
AARTI INDUSTRIESHello and welcome to this analysis
Stock has made a Bullish Harmonic Bat reversal suggesting a bounce back to 675 and 745 as long as it sustains above 590 (hourly basis)
Smallish resistance near 615 and above that at 645
Good risk reward set up at the current juncture
Happy Investing
The New India Assurance Company Limited - Just a view 📊 Script: NIACL (THE NEW INDIA ASSURANCE COMPANY LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY FINANCIAL SERVICES
📊 Sector: Financial Services
📊 Industry: General Insurance
Key highlights: 💡⚡
📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
📈 MACD is giving crossover.
📈 Already Crossover in Double Moving Averages.
📈 Volume is increasing along with price.
These are positive factors for long on NIACL BUT in RSI script is facing hurdle at 70 level shown in chart. once script crosses hurdle level 70 and all the positive confirmation with all indicators then only one can go for Swing Trade.
BUY ONLY ABOVE RSI 70 LEVEL.
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
Sumitomo Chemical - Symmetrical Triangle Breakout Soon 📊 Script: SUMICHEM (SUMITOMO CHEMICAL INDIA LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY 500 / NIFTY MIDCAP
📊 Sector: Chemicals
📊 Industry: Fertilizers & Agrochemicals
Key highlights: 💡⚡
⚠️ Keep an eye on SUMICHEM .
⚠️ It is near at its resistance zone which is around 500.
⚠️ Script is going to give double breakout which is trendline breakout and Symmetrical Triangle Breakout as mention in chart.
⏱️ BUY ABOVE AROUND 500
⚠️ If its give breakout then one can go for swing trade.
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat🔁
Happy learning with trading. Cheers!🥂
CHAMBAL FERTILIZERHello and welcome to this analysis
The stock is at the PRZ of a Bullish Harmonic Cypher formed in Weekly time frame.
A bounce/reversal till 340 to 375 is probable as long as it does not break 250.
Risk Reward for the trade is v good at 1:3
Harmonic Trading Patterns consolidate and then give strong follow through of trends. Since this is based on weekly time frame, trading it via derivatives could be risky as it will be a time consuming one with pullbacks and sideway along the path till its target, hence, cash based entry is advisable.
Mid-Cap Growth This is a 6-month chart of iShares Russell Mid-Cap Growth ETF (IWP) relative to the performance of the S&P 500 ETF (SPY).
IWP tracks a market-cap-weighted index of growth companies.
The yellow and orange lines are the exponential moving averages that form the indicator called the EMA exp ribbon. The EMA exp ribbon usually acts as support when price hits it from above, and usually acts as resistance when price hits it from below. To break the EMA exp ribbon, and reverse the trend, usually, a single candlestick must pierce through the ribbon (moving averages) with high volume and strong momentum. In this case, the EMA exp ribbon held up as support.
Here we see that mid-cap growth stocks have corrected on the longer timeframes and will likely start to move back up relative to SPY. If this holds true, we can expect that mid-cap growth stocks will begin to outperform the broader index over the long term. For those who invest on longer time horizons, this could be a great time to consider legging into IWP. If you're conservative, you may wish to wait for IWP to breakout above the daily EMA exp ribbon before entering a position.
The current 6-month candle, which started on July 1st, is showing a long upper wick, which indicates that capitulation is still occurring. Capitulation can be seen in candlesticks that occur after a long downtrend, and which have long upper wicks. These long upper wicks after a long downtrend indicate that there are people selling, or shorting, into strength. These market participants usually need to exit before a major bullish breakout occurs.
For the month of June, IWP/SPY printed a bullish spinning top candle (which is a bottom reversal candle). So it's likely that we're in the final stages of capitulation, and soon enough a bullish breakout will occur, (assuming that the relative performance chart accurately predicts price action).