Multitimeframeanalysis
SAIL - The Steel that Sank the Titanic Vs Steel that Sails :) :)Its been 4 years since SAIL recovered from rock bottom price of 20. When late Big Bull Rakesh J took stakes in SAIL, it was trading somewhere around 90 and had reached a peak of 150+ and fell again to 65-70 levels
It took 2 years to complete the return journey back to 150+. Lets now compare the short- and long-term views and respective targets
Long Term View:
Quarterly Chart shows a Falling Parallel Channel Breakout + Retest & Strong Bounce
Long Term Targets are 235, 280
Short Term View:
On Daily chart, price has formed a Fresh Rounding Bottom BO above 170 for Target of 190
Summary:
Upcoming Targets - 190, 235, 280++
Disclaimer:
Stocks-n-Trends is NOT registered with SEBI. We do not provide Buy / Sell recommendations - rather we provide detailed analysis of how to review a chart, explain multi-timeframe views purely for Educational Purposes. We strongly suggest our followers to "Learn to Ride the Tide" and consult your Financial Advisors before taking any positions.
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-Team Stocks-n-Trends
SAIL - 50-70% ROI Potential with an RR of 1:3 - MidTermPotential1) Stock is in uptrend in Monthly , weekly.
2) The trendline that connects highs of 2007,2010,2021,2024 are about to be broken on the upside - Price confirmation indicates the same.
3) Weekly Price shows Morning star reversal.
Note : This stock has not participated in the bull rally of 2023.
Entry - Anywhere between 122-135. I see aggressive entries can be planned at 135.
Targets - 151, 170, 190-200, 260
STOP LOSS - Would consider exit only if monthly closes below 108.
The Magical Flying Train - RVNLJust as I explained in my blog the following sectors are going to blast after the Elections given the Government's focus and investments
Railways
Defence
Space
Infrastructure
Green Energy
AI
And like the Indian Preamble says "For the People, By the People, Of the People" - the above sectors are
For - consumption by Indian people
By - Indian Companies
Of - Indian Technology
We are neither dependent on FIIs for their money nor any foreign nations for their Skillset / Manufacturing capabilities. True signs of Atmanirbhar Bharat which will go a long way in to the next Decade
Now, let's compare the Daily and Weekly Charts of RVNL
Daily Chart: Today - RVNL broke out of a Bullish Inverted Head and Shoulders pattern and it blasted more than 15% Intraday to even the Reach the Target 345 - same day
Weekly Chart: On Weekly - the price is seen to be Travelling within a Parallel Channel and repeatedly forming a Rounding Bottom structures.
With the completion of Inv H&S target on Daily, the price actually triggered a Fresh Rounding Bottom BO for weekly. If price settles above 345 by Friday (WCB) - then Target is 478
Additional Targets:
On Weekly, when the price formed a BO - Rest of Prior Rounding Bottom (144 - 345 - 200) - it had a perfect Fib 0.618 Golden Ratio Retracement which comes with their own Targets
Outstanding Targets:
Fib 1.0 Target - 405
Rounding Bottom Target - 478
Fib 1.618 Target - 520
RVNL has a long way to go - keep holding for bigger returns
Disclaimer:
Stocks-n-Trends is NOT registered with SEBI. We do not provide Buy / Sell recommendations - rather we provide detailed analysis of how to review a chart, explain multi-timeframe views purely for Educational Purposes. We strongly suggest our followers to "Learn to Ride the Tide" and consult your Financial Advisors before taking any positions.
If you like our detailed analysis, please do rate us with your Likes, Boost and share your comments
-Team Stocks-n-Trends
Vedanta's Panja-Boodha ShaktiVedanta is in limelight for 2 major reasons.
1. Upcoming Vertical Demerger of Vedanta into 5 different stocks (The Panja-Boodhas) - Apart from the technical breakout levels, the demerger is going to lead to a humungous gain to the shareholders when each of the stock is going to rise to higher levels individually
2. The 16 year Long Box Pattern Consolidation and Breakout
A picture is worth 1000 words...
Vedanta ATH 495 created in 2008 me. 16 years ka vanvaas se bahar aane ja time hai abhi.
Long Term View:
Quarterly Chart - The Box Pattern has a Depth of 435 Points which will become the Long Term Target after Breakout above 495 - the previous ATH level. Yes it will struggle a tiny bit when it tests 495 but that's not consolidation
Long Term Target: 930
Short-Medium Term View:
Monthly Chart - Price has recently Broken out of a Rounding Bottom Pattern above 440 for target of 690
The Big Rise from 2020 and subsequent retracement made in 2022 is at Fib 0.618 level - The Golden Ratio which is a strong sign of powerful bullish rally
Short Term Target: 585 (Fib 1.0 Level), 690 (Fib 1.272 + Rounding Bottom Target)
Medium Term Target: 825 (Fib 1.618)
Reading Books is good, but kabhi kabhi theory chodke kuch picture bhi dekho. Books ka Black and White Print me Hariyali nahi dhikhayi deta. Samaj liya ? 😍
Disclaimer:
3+ Years Teaching Experience in Stock Market - Technical Analysis, Behaviour Analysis, Advanced Patterns, Emotional Management, News based Trading...
We are NOT SEBI Registered and Our focus is NOT providing Buy/Sell Recommendations/calls. Primary Objective is to provide detailed analysis of how to review a chart, explain multi-timeframe views purely for Educational Purposes.
We strongly suggest our followers to "Learn to Ride the Tide irrespective of its Side"
*** Important *** Consult your Financial Advisors before taking any positions
If you like our detailed analysis, please do rate us with your Likes, Boost and share your comments
-Team Stocks-n-Trends
The Thundering Bullet Train - Titagarh Rail SystemsRailways stocks are back on fire once again...
Here is a Glimpse on one promising stock that has good upside left
Titagarh Rail Systems - Comparison of Daily and Weekly Chart Patterns
1. Daily Timeframe: Inverted Head and Shoulder pattern - Target 1250 already reached
2. Weekly Timeframe: While the Inv H&S pattern reached its defined target, the price has formed a Fresh Rounding Bottom BO on Weekly (BO done above 1250)
Targets:
1475, 1640 (as part of older patterns)
1715 - Target set for the Rounding Bottom BO on Weekly
Disclaimer:
3+ Years Teaching Experience in Stock Market - Technical Analysis, Behaviour Analysis, Advanced Patterns, Emotional Management, News based Trading...
We are NOT SEBI Registered and Our focus is NOT providing Buy/Sell Recommendations/calls. Primary Objective is to provide detailed analysis of how to review a chart, explain multi-timeframe views purely for Educational Purposes.
We strongly suggest our followers to "Learn to Ride the Tide irrespective of its Side"
*** Important *** Consult your Financial Advisors before taking any positions
If you like our detailed analysis, please do rate us with your Likes, Boost and share your comments
-Team Stocks-n-Trends
💡GU Multitimeframe 💡Starting to see some bearish confluences on GU
☝️Do not act based on my analysis, do your own research!!
The main purpose of my resources is free, actionable education for anyone who wants to learn trading and improve mental and technical trading skills. Learn from hundreds of videos and the real story of a particular trader, with all the mistakes and pain on the way to consistency. I'm always glad to discuss and answer questions. 🙌
☝️ALL ideas and videos here are for sharing my experience purposes only, not financial advice, NOT A SIGNAL. YOUR TRADES ARE YOUR COMPLETE RESPONSIBILITY. Everything here should be treated as a simulated, educational environment. Important disclaimer - this idea is just a possibility and my extremely subjective opinion. Do not act based on my analysis, do your own research!!
Wave structure Multi timeframe analysis - CAD/JPY & GBP/USDCAD/JPY
The outlook of the CADJPY is very bearish, based on the Multi-timeframe waves structure count we should be expecting more downside in the pair. The bearish wave structure (4) on the H4 timeframe is not complete yet, we have seen a bearish 0, 1, 2, and 3 wave structures on the M15 timeframe. Having seen the 3 waves, we now have a more than 70% probability that the trend will complete the cycle which means we will see the momentum low 5.
GBP/USD
We have seen two trend-changing patterns in the GBP/USD. On Friday we have also seen a strong rejection from the high and this move down has created a potential 3rd structural failure, this means the current secondary trend is about to change to the downside.
Our short will be valid when the price trades below 1.2538; this will be a final confirmation of the trend change
BABA.Medium-term analysisOn the weekly timeframe we have a sideways market. The current buyer vector is 5-6.
#MANGLMCEMPositive factors
Improving scale of operation leading to increase in total operating income (to greater than ₹2,000 crore) and profitability
(profit before interest, lease rentals, depreciation and tax (PBILDT) margin greater than 18%) on a sustained basis
Improving capital structure (overall gearing less than 0.5x) and debt protection metrics (PBILDT interest coverage greater
than 5.0x) on a sustained basis
Negative factors
Lower-than-envisaged profitability leading to decline in PBILDT interest coverage going below 2.00x on sustained basis
Large-scale debt-funded capital expenditure (capex) leading to deteriorating capital structure
1 Week Later and Oil is down 3.66%1 Week after the beggining of conflict between Israel and Iran in the middle east, Crude Oil is down 3.66%. Price began trending down all week and then on Thursday there was news of a bombing by Israel which caused a spike in Oil(3.5). This whole move was corrected and we are back to being down on the week. This opposes what I believed may play out this week as my thoughts were 1. Oil is a precious commodity and needed in War 2. The trend thus far this year is Bullish (we are up 13.82%) The market is instead going down and retraced this week. We are currently sitting on the Daily support level 81.23. Price action looks bearish on the Daily as we have a large top wick on the current candle.. moving into the next few weeks we will have a bearish weekly candle behind us that may aid in a descent towards the next Daily level 80.65 and beyond to the next weekly level 77.82. Also, this is in line with current risk-off market sentiment as Oil (Risk-on) is a commodity after all
Daily timeframe : The Daily timeframe retested Daily resistance (85.65) and we rejected.
#Just Dial #JUSTDIAL
Pan-India Presence
The company has ~12000 employees in telesales, marketing, feet-on-street activities deployed across 250+ cities covering 11,000+ pincodes in India. It derives 70% of its revenues from top 11 cities including Mumbai, Ahmedabad, Hyderabad, Kolkata, Bengaluru, Chennai, Delhi, etc. Its technology and R&D division is located in Bengaluru
Business Model
Paid advertisers pay a fixed fee to run search led advertising campaigns for their businesses
on Justdial’s platforms. Various premium & non-premium listing packages available which determine placements in search results. Add-on products such as banners, own website, JD Pay, JD Ratings, etc.
#HINDUSTAN ZINC #HINDZINC"Record annual silver & metal production with strong cost resilience amidst lower zinc prices;
PAT at INR 7,759 Crore."
Key Highlights :
Hindustan Zinc is now the 3'd largest silver producer globally, with highest silver annual
production, up 5% y-o-y
Holds 2nd largest zinc reserves and resources globally
Industry leading production growth rate with best-ever annual metal production
Highest-ever quarterly refined metal production for 04 FY24, up 6% sequentially
1st decile of the global zinc mines cost curve; lowest annual COP in last 3 years at US$
1,117/MT
Quarterly Revenue up by 3% and EBITDA up by 2%
Ranked first globally in S&P Sustainability Assessment in Metals and Mining sector
Shakti Pumps - Ready to Pump Higher :)Shakti Pumps - Comparison of Quarterly Chart vs Weekly
Today price was locked in 5% UC
Quarterly View: Long Term
On Quarterly, the price is following a 12 Year Parallel Channel
Cup and Handle BO done on Monthly for Target of 2105
Weekly View: Short Term
On Weekly - Price is seeing to be travelling in a smaller Parallel Channel
Inside the parallel Channel, repeated Cup Patterns (Rounding Bottom) seen
Latest Rounding Bottom BO confirmed on weekly above 1605 for Short Term Target of 2055
Disclaimer:
3+ Years Teaching Experience in Stock Market - Technical Analysis, Advanced Patterns, Emotional Management, News based Trading...
We are NOT SEBI Registered and Our focus is NOT providing Buy/Sell Recommendations/calls. Primary Objective is to provide detailed analysis of how to review a chart, explain multi-timeframe views purely for Educational Purposes.
We strongly suggest our followers to "Learn to Ride the Tide irrespective of its Side"
*** Important *** Consult your Financial Advisors before taking any positions
If you like our detailed analysis, please do rate us with your Likes, Boost and share your comments
-Team Stocks-n-Trends
IOC - One Cup Leads to Another :)Indian Oil Corporation - Comparison of Monthly Vs Weekly Chart
Monthly: Long Term View
Price Travelling within a Parallel Channel for nearly 3 Decades
Multi-Year Rounding Bottom BO Done above 154 for Target of 260
Weekly: Short Term View
Another Small Rounding Bottom BO which was triggered at 114 for Target of 180
As you can see on the Weekly chart, 180 Target was reached and Price retraced to test the Monthly Rounding Bottom BO zone at 155 and bounced beautifully
Both on Weekly and Monthly, price respected the levels perfectly. Next Target 260
Disclaimer:
3+ Years Teaching Experience in Stock Market - Technical Analysis, Advanced Patterns, Emotional Management, News based Trading...
We are NOT SEBI Registered and Our focus is NOT providing Buy/Sell Recommendations/calls. Primary Objective is to provide detailed analysis of how to review a chart, explain multi-timeframe views purely for Educational Purposes.
We strongly suggest our followers to "Learn to Ride the Tide irrespective of its Side"
*** Important *** Consult your Financial Advisors before taking any positions
If you like our detailed analysis, please do rate us with your Likes, Boost and share your comments
-Team Stocks-n-Trends
Bajaj Hindustan - On Sugar Rush :)Bajaj Hindustan Sugars is in Super Bullish Mode off late. Let's compare the Weekly Vs Quarterly pattern below
On Weekly:
1. Price is about to BO of Rounding Bottom Pattern above 40.5 for Target of 54
2. Fibonacci 0.618 retracement for Targets of 42, 50
On Monthly:
1. Inv Head and Shoulder BO confirmed on Monthly for Target of 54 (which is matching the Rounding Bottom BO on Weekly)
2. Larger Rounding Bottom BO pending above 40.5 for Target of 78
Disclaimer:
3+ Years Teaching Experience in Stock Market - Technical Analysis, Advanced Patterns, Emotional Management, News based Trading...
We are NOT SEBI Registered and Our focus is NOT providing Buy/Sell Recommendations/calls. Primary Objective is to provide detailed analysis of how to review a chart, explain multi-timeframe views purely for Educational Purposes.
We strongly suggest our followers to "Learn to Ride the Tide irrespective of its Side"
*** Important *** Consult your Financial Advisors before taking any positions
If you like our detailed analysis, please do rate us with your Likes, Boost and share your comments
-Team Stocks-n-Trends
Vedanta - Multi-(Dividend, Demerger, MultiYear BO, Bagger) :)Vedanta has always been in the News for multiple factors - both Positive and Negative
Though Metal Stocks are Cyclical, it has come back into Focus at right time. While Nifty Metal index has broken out and all Metal stocks are in limelight now, here are some critical factors that make Vedanta one of the Best among Metal Picks
Multi-Year Box Breakout:
16 Year long Breakout pending above 485 and this opportunity comes at right time when China looks weak and Indian Metal stocks are in focus.
Multi- Bagger Pick :
Above 485 WCB, Target is a Whopping 910++ Almost 2x to 3x from CMP. Usually when stocks BO after so long, they usually rally much higher than the pattern target so, expect close to 1200++
Multi-Demerger Stock:
Vedanta has informed in Sep 2023 that it would split into 6 separate listed entities
Vedanta Aluminium
Vedanta Oil & Gas
Vedanta Power
Vedanta Steel and Ferrous Materials
Vedanta Base Metals
Vedanta Limited
And Investors would get free stocks of all 6 entities which over next few years will become Multibaggers
Mult-Dividend Stock:
Between 2022-2024, Vedanta topped the list of stocks with Highest Dividend Yield. Almost 35% or more was the dividend yield paid by Vedanta. The main reason for such huge dividends is because its Parent in UK was significantly Debt ridden and these dividends were paid to offset the debt of the Parent as it had majority share holding of the child company. And we - retail investors - got mutually benefitted by holding vedanta stock
Double Bottom Breakout:
On Monthly price has formed a Double Bottom BO for Target of 485. This will take it to the BO ZONE of Multi Year Box Pattern. So double confirmation of fast upward rally
Disclaimer:
3+ Years Teaching Experience in Stock Market - Technical Analysis, Advanced Patterns, Emotional Management, News based Trading...
We are NOT SEBI Registered and Our focus is NOT providing Buy/Sell Recommendations/calls. Primary Objective is to provide detailed analysis of how to review a chart, explain multi-timeframe views purely for Educational Purposes.
We strongly suggest our followers to "Learn to Ride the Tide irrespective of its Side"
*** Important *** Consult your Financial Advisors before taking any positions
If you like our detailed analysis, please do rate us with your Likes, Boost and share your comments
-Team Stocks-n-Trends
Weekly #EURUSD analysis, 29 April - 3 May. Weekly time frame:
1. Swing is bearish, INT is bearish.
2. Price reached above the EQ and shifted bearish, As sign that the swing pullback is over.
3. After iBOS price pulled back to the extreme and did bearish CHoCH as a sign that the pullback
phase is over.
4. Price has reacted to the old demand zone, and reached the supply that caused the break.
We expect to continue bearish.
Confluence from LTF.
Daily time frame:
1. Swing is bearish, INT is bearish.
2. After iBOS we can expect INT pullback.
3. The pullback phase is now ongoing.
Now we can play longs to target at least the EQ of the range.
4H time frame:
1. 4H swing is bearish, INT is bearish.
2. After swing BOS we can expect swing pullback.
3. Price reacted from this POI, But did a bearish CHoCH.
Reaching the supply area that caused the
CHoCH.
4. Maybe we are ready to start looking for shorts.
Follow LTF.
15M time frame:
1. Swing is bearish.
2. Price has pulled back to the extreme demand area on 15M TF & 4H supply.
INT structure is still bullish, but we can expect to turn bearish to start the new 15M swing leg.
Compressing the Compressor - Elgi EquipmentElgi Equipment - This Railway Themed Compressor stock in long term is travelling within a Parallel Channel for 24 years since 2000.
*Quarterly Timeframe:* Multiple attempts since past 2+ years to break the top of the Parallel Channel. Currently in April 2024, the BO has been confirmed for Targets of 800, 885
*Weekly Timeframe:* On weekly, we see a clean and strong Bullish Continuation Candlestick Pattern - the famous 2 Black Crows. The pattern has formed right above the Long Term Parallel Channel and stayed above for more than 4 weeks now. The next resistance is at 705. Once broken decisively - 800, 885 would be in sight
Disclaimer:
3+ Years Teaching Experience in Stock Market - Technical Analysis, Advanced Patterns, Emotional Management, News based Trading...
We are NOT SEBI Registered and Our focus is NOT providing Buy/Sell Recommendations/calls. Primary Objective is to provide detailed analysis of how to review a chart, explain multi-timeframe views purely for Educational Purposes.
We strongly suggest our followers to "Learn to Ride the Tide irrespective of its Side"
*** Important *** Consult your Financial Advisors before taking any positions
If you like our detailed analysis, please do rate us with your Likes, Boost and share your comments
-Team Stocks-n-Trends
Daily #EURUSD analysis, 25 April.4H time frame:
1. 4H swing is bearish, INT is bearish.
2. After swing BOS we can expect swing pullback.
3. Reaction from 4H POI near the EQ of the INT range.
It could be the end of the pullback phase.
For more info keep following LTF.
15M time frame:
1. The 15M swing is bullish now.
After swing BOS we expect a swing pullback phase.
2. The swing range is not that big compared with the previous ranges, so the pullback phase
couldn't be that deep with this bullish momentum.
3. Swing is bullish, INT is bullish.
Following OF is the best decision.
multiyear breakout+a typical rounding boottom The above company looks a good chart to keep on watchlist
the fundamental changes are something to watch closely .
NOW talking about levels, 1400 strong positional basis support area
where a retest if takes place would be a fresh add on current entry positions
a break out taking place after 2015 ie approx 9 years is something to be truly particpate into !
expect 2300 & 2770 targets in 18 months with stop loss below 1250
Pudumjee Paper - Ready to Print Currency Notes :)There is no Election without Liquor & Briyani, and neither without Advertisements about each political Party
Liquor, Media, Paper stocks were expected to Rally from couple of months back, but none of them picked up the Rally until now where many portions of India has already completed Election
Anyways, our earlier Pick of Paper Stock - Pudumjee Paper is all gearing up to print Money Bills soon
Comparison on Daily, Weekly and Quarterly charts clearly articulate how Support and Resistance works and how each pattern contributes incrementally to another larger chart Pattern
Quarterly View: 7 Year Rounding Bottom Breakout done. In between, the Price also had a Fib 0.5 scale retracement and Bounce with Extended Fib Targets as shown below
Fib 1.618 Target = 98
Fib 2.618 Target = 139
Weekly View: Look at the Long Dragon Fly Doji pattern on the week of 11th March. Its a very important structure as it tested and bounced from 2 support levels.
The Wick bounce from the Previous Cup and Handle BO at 55
The Candle body finished above the Multi-year Rounding Bottom BO Trendline (highlighted in Quarterly chart)
Daily View: On the Daily, there are 2 bullish structures
Inverted H&S - On verge of BO above 75 for Target of 98 - which matches FIB 1.618 target of Quarterly
Rounding Bottom - BO pending above 84 WCB for Target of 114
As you can see the structures, patterns, supports, resistances and Targets of one Pattern has overlap / leads to the components of next larger pattern. These are NOT coincidences. This is how Chart patterns do get formed based on People Behaviour which is repetitive and which is governed by 2 main aspects (Greed & Fear)
Disclaimer:
3+ Years Teaching Experience in Stock Market - Technical Analysis, Behaviour Analysis, Advanced Patterns, Emotional Management, News based Trading...
We are NOT SEBI Registered and Our focus is NOT providing Buy/Sell Recommendations/calls. Primary Objective is to provide detailed analysis of how to review a chart, explain multi-timeframe views purely for Educational Purposes.
We strongly suggest our followers to "Learn to Ride the Tide irrespective of its Side"
*** Important *** Consult your Financial Advisors before taking any positions
If you like our detailed analysis, please do rate us with your Likes, Boost and share your comments
-Team Stocks-n-Trends
