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Multiyearbreakout

BSE - Better to Safely Exit BSE Ltd has been in limelight offlate with the rumors of listing of its cousin NSE :) But let's do a deep dive analysis to see if it is safe to Hold / Buy BSE 1. On Quarterly Chart - the Price had a 4 year Rounding Bottom BO above 480 levels, followed by a Retest of BO zone with a Fib 0.618 Golden Ratio retracement In the Long Term view - the price has COMPLETELY exhausted ALL possible "Extended" Targets of Fibonacci up until 4.764 levels without ANY retracements in the Quarterly chart. After completely reaching all targets, price is now retracing from 4.764 level as well. Also, the price broke out of multi-year parallel Channel but giving it is retracing, it will definitely come inside the channel before end of this Quarter (Dec 2024) So, given the Quarterly view - without a retracement - DON'T expect any more rally - any intermediate bursts would be a perfect Honey Trap to innocent retailers - SO AVOID 2. On Monthly Chart - the price took 2 small dips when it tested the Multi-year Parallel Channel around 2,500 levels and then at 3,265 level - thus forming a Double Bottom structure at 2,200 level The Double Bottom target is 4,420 which has already surpassed. While forming Double Bottom on Monthly, the price took a Fib 0.382 retracement with Fib 1.0 target of 4,975 (which matches the Fib 4.764 target of larger quarterly pattern) Also, on Monthly, the price has given a Massive 1,128% return within just 1.5 years since Mar 2023. How much more do you expect ?? As you can see - ALL possible Technical Targets have been met and its risky if the price falls within the long term parallel Channel So, existing holders - Book 50% or take your Principal out. STRICTLY NO FRESH Entries - until clear consolidation which will either be a Price consolidation by falling a minimum of Fib 50% or time consolidation by going sideways until it reaches the Bottom of the Parallel Channel - sometime until Dec 2025 or even later (depending on the angle it takes)
NSE:BSEShort
by Stocks-n-Trends
HDFC - The Controversy UnleashedHere is the HDFC Chart published on July 22nd (inside my article) - "Nifty Analysis - The No-Nonsense "0" Indicator Strategy" Now - compare HDFC's price action on Sep 24th - Precisely following the defined Path in Blue and rising like a Phoenix from the bottom of 1600 levels and breaking the ATH created on Jul 2023 Now by next week - End of September, HDFC would have the a Final Dip to test 1757 levels and then blast beyond the ATH of 1795 lifting Nifty to New Heights and the Target of 26,430 In this entire analysis - we didn't use any Indicators and No "Ifs & Buts". The Top 10 heavy weight constituents of Nifty were decoded, the Nifty's Daily, Weekly, Monthly and Quarterly Charts were analyzed for both Candlestick Patterns and Chart Patterns with Targets. Once Targets were identified - and basis the status of each of the Top 10 heavy weights, the probable timeline required to reach the target was identified 1. From the Index's (Nifty) price action - the future of individual stocks were determined 2. From the Stock's price action - The Nifty's direction was determined Only when both matches - the prediction is accurate - just like how we do Division / Multiplication in Maths to re-confirm our arithmetic We don't depend on ANY NEWS or ANY Expert Opinion or ANY Technical Indicators to guide us. Because, these factors don't handle both Internal and External elements. Either they talk about a Sector but not a stock or they talk about the historical values of a Stock (example: RSI, MACD, EMA, DMA, Bollinger Bands uses historical values of stock). The Indicators become handicapped when it has to consider the outside elements and hence loses it accuracy and value. Learn to Stand on your Own 2 Legs... Ignore the Noise... Don't follow the Wise... Make your Own Spice...
NSE:HDFCBANKLong
by Stocks-n-Trends
Rama Steel Tubes - Thundering like Rama's Bow Rama Steel Tubes - The price reached the high of 15.37 on Jan 2023 - Approx 609 days ago. Since then it fell -33% from its ATH and has been painfully going sideways between 10 and 16 forming an upward Parallel Channel - testing the patience of every investor. During mid of 2023, FIIs significantly increased stake in this counter, yet it didn't budge Today the price Locked itself in 20% UC back-to-back for 2 consecutive days, and stood alone as the lone warrior among majority of Metal related stocks Here is the Chart of Nifty Metal Index - Nifty Metal Index fell 0.5% today and has been continually falling -10% since beginning of June 2024 So, why did Rama Steel Blast today despite Majority Metal stocks fell and Index also fell?? The answer lies within the Stock's Chart itself On the Quarterly chart - the price gave approx. 7,050% returns in 1,036 days. Any investor would be Crazy to expect immediate bounce back after running a marathon like this... The consolidation started on Jan 2023 and the price fell just a meagre -33% from previous ATH, but to clearly show Bullish Continuation - the price formed an Upward Parallel Channel for nearly 1 year 9 months which is a clear indication to NOT TO WORRY But many investors don't understand the previous returns of 7000%, and lose patience waiting for just 1.5 years and when the price blasted 20% UC in 2 days many of them booked their profits / exited completely... How many times have we heard the statement.... "Whenever I invest the price falls.... Whenever I exit the Price Blasts..." This situation is no exception to this adage, for the primary reason that investors don't understand why they invest and neither understand why they sell off.... Clues: 1. On the Monthly chart, the August candle ended right on Parallel Channel bottom as Support 2. Also, the Aug candle turned to be a Gravestone Doji pattern / inverted Hammer pattern at the bottom which is clear indication of Bullish reversal 3. The long consolidation for more than 1.9 years built enough pressure which got blasted in the past 2 days This is not a Target, but rather the journey is yet to start. The parallel Channel is yet to be broken and once broken it would hit a Target of 25 But it still won't be a cake-walk, once the Parallel Channel top is tested, the resistance would for 1 last time push the price down to a support of 15.4 and then blast upwards Keep Holding for multibagger returns. Learn how the market behaves and build your patience and Conviction.... 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
NSE:RAMASTEELLong
by Stocks-n-Trends
SEQUENT SCIENTIFIC - Multi Year Breakout StockINVERSE HEAD & SHOULDER PATTERN BREAKOUT STOCK FOR SWING TRADING > 2 Years of Inverse head & shoulder breakout BUY PRICE : 155 SL : 125 (only for swing traders) TARGET : 202, 250, 305 (100%) Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
NSE:SEQUENTLong
by Jagadheesh_JP
IEX Targeting ₹252 and ₹325 I bought Indian Energy Exchange Ltd (IEX) at ₹201, targeting ₹252 and ₹325 within one year, with a stop loss set below ₹185. IEX is a leading power trading platform in India, offering an efficient, transparent, and automated exchange for electricity trading. The company boasts strong fundamentals, with a high return on equity (ROE) of 37.7% and minimal debt, making it a solid long-term investment. Despite its high valuation, IEX's growth potential in India's energy market makes it a compelling buy at current levels.
NSE:IEXLong
by profitoptionnew
PFOCUS is Focusing on 2008's Multi-Year Long Resistance BreakoutNSE:PFOCUS ............................................................................................................................................. ............................................................................................................................................. Over Last 4 Years ... From Year 2020 to 2024 Promoter Holdings Have Been Increased by +34.93% ...... ............................................................................................................................................. ............................................................................................................................................. Customers PFL caters to players across the entire media industry value chain and the product life cycle of media content. Its major clients include top Hollywood and Indian studios and media companies across the globe: Studios – Warner Bros., Disney, Netflix, etc. Broadcast networks – Bloomberg, Disney, Star, etc. Others – ICC, BCCI, Amazon, etc. ............................................................................................................................................. ............................................................................................................................................. Focus In Creative Services, it aims to expand its global footprint and diversify the business across content formats. It also expects growth in cross-selling through bundled VFX, etc. In Tech/Tech-Enabled Services it aims to sign more strategic deals and increase revenue from existing clients by offering new modules and analytics. Working on top Hollywood projects One of them is Matrix 4
NSE:PFOCUSLong
by iism-ExpertTrading
ALPHAGEO Strong Fundamental Turn-Around Story NSE:ALPHAGEO ...................................................................................................................... ...................................................................................................................... Incorporated in 1987, Alphageo Ltd provides Geophysical Seismic Data Acquisition, Processing and Interpretation Services for exploration of hydrocarbons and minerals ...................................................................................................................... ...................................................................................................................... Company is almost debt free. Stock is trading at 1.03 times its book value. Company is expected to give good quarter. Company has been maintaining a healthy dividend payout of 473%. ...................................................................................................................... ...................................................................................................................... Due to effect of monsoon in several parts of India, only 4 seismic crews worked in the month of October 2019, with an addition of another 5 crews in the month of November 2019. The NSP Project on Sedimentary Basins of of Ganga-Punjab Area with Oil and Natural Gas Corporation Ltd. has been completed in the first week of January 2020. • The field acquisition stage of the Project of Geophysical Mapping Survey for mineral exploration with Geological Survey of India has been completed. The processing, interpretation and submission of deliverables is in progress. • The Project for MECL is completed during the quarter ended 31st December, 2019 • No new orders were received during the quarter under review. • Order on hand as on 31st December, 2019: INR 160 Cr (inclusive of taxes)
NSE:ALPHAGEOLong
by iism-ExpertTrading
MMTC Non Profitable PSU showing MULTI-YEAR BreakoutNSE:MMTC ...................................................................................................................... ...................................................................................................................... As A Research Analyst ... It is Not an Good Practice to Suggest anyone to invest in Non-Profitable and Loss Making Company.... Every Fundamental Numbers are Either Negative or Not-Satisfying ....... but if we See in Terms of Technical Analysis.... MMTC is Showing Long-Multi-Year Breakout.... so Going with Defined Risk... keeping an Decent Percentage of SL ... ...................................................................................................................... ...................................................................................................................... MMTC, a public sector undertaking, was incorporated in 1963, to facilitate foreign trade in India and canalize the export and import of essential minerals and metals. It is under the administrative control of the Ministry of Commerce & Industry, and Government of India and is engaged in trading across minerals, metals, precious metals, agro products, fertilizers & chemicals and coal & hydrocarbons.
NSE:MMTCLong
by iism-ExpertTrading
SNOWMAN Increasing Cold Temperature & New WarehousesNSE:SNOWMAN ............................................................................................................................................................................................................................................ • Network Advantage - Ability to offer customers the largest Pan-India cold chain networkfor storage and distribution • Expansion Plans – Planned expansion basis our customers’ requirements to reach new markets & to address the demand of the organised sector• Technology Driven - Snowman has developed customised software & apps for increasing efficiency of operations • 25+ Years of Experience - Snowman has innovated best practices and is a knowledge leader in the industry • Customer Trust & Satisfaction - Full visibility & transparency provided to customer using in-house tech platforms & many uninterrupted years of satisfactory customer service ............................................................................................................................................................................................................................................ Leading integrated temperature-controlled logistics • Snowman Logistics Ltd was incorporated in 1993 and Gateway Distriparks acquired a majority stake in 2006• Pan India network of 45 warehouses across 20 cities • Integrated service offering of warehousing services, transportation, and distribution bundled with value added services• Modern facilities with high quality infrastructure across the country • Expansion plans to increase warehousing presence for catering to the fast-growing demand of the organised sector• Snowman is first Indian cold chain company to introduce 5PL services, which offer innovative and integrated solutions ............................................................................................................................................................................................................................................ Strengths: Established market position in the temperature-controlled logistics industry: Snowman is the largest provider in the highly fragmented temperature-controlled warehousing, transportation and logistics industry in India. The company provides quality service and end-to-end solutions to customers in the temperature-controlled industry, thereby resulting in repeat orders and long-term contracts providing around 80% revenue visibility. As on March 31, 2023, the company had warehousing capacity of 1,35,552 pallets across 44 warehouses in 18 cities. It also had 239 refeer vehicles (refrigerated trucks) providing last-mile, inter-city distribution services through a consignment agency model. It caters to marquee customers in diversified end-user industries, such as seafood, pharmaceuticals, dairy, e-commerce and quick service restaurants (QSR). Under the dedicated warehouse segment, the company has opened 4 warehouses for e-commerce and pharmaceutical clients including Amazon, Fraazo, Impelpro, among others. Adequate financial risk profile: Gearing was 0.25 times as on March 31, 2023, and is expected to remain low in the medium term. Debt protection metrics are adequate with interest coverage and net cash accrual to total debt ratios are ~4.3 times and 0.63 times, respectively, in fiscal 2023. Any higher-than-expected debt for funding capex could adversely impact the capital structure and debt protection metrics and will remain a key rating sensitivity factor. Continued parentage of GDL: Post settlement of agreement between Snowman and Adani Logistics Ltd (ALL) in July 2020, GDL is the single largest owner with 40.25% stake in the company and substantial control on the board. The rating continues to benefit from moderate operational and strategic linkages with GDL, as both the companies offer complementary services in the logistics industry, thereby providing cross-selling opportunities to customers. GDL is one of the largest private players in the container freight station, railways and inland container depot businesses in India. Furthermore, Snowman is well established amongst the leading organised players, providing temperature-controlled services in India
NSE:SNOWMANLong
by iism-ExpertTrading
TKO is poised for a major multi-year breakthrough!Weekly Chart The 100 level has shown to be a significant resistance point for the stock, as it faced multiple rejections at this level. Following these rejections, the stock entered a significant consolidation phase, which led to the formation of a Symmetrical Triangle pattern. After breaking out of this formation, the stock price soared, reaching a peak around the 117 level before experiencing a decline. However, the stock found support at the 200 WEMA and rebounded from that level.. At present, the stock is lingering near the resistance zone, and with an increase in trading volume, there is a strong expectation that it will achieve a breakout this time around. The appearance of an Inverted Head & Shoulders pattern on the weekly chart indicates a bullish sentiment. Daily Chart The daily chart shows that after being rejected near the 117 level, the stock fell but then reversed by breaking above the double bottom pattern. Since then, the stock has maintained its upward trend and is now close to a major breakout. The rising volume indicates that the price is preparing for an upward move.
NYSE:TKOLong
by NaranjCapital
2
$KAI may deliver 12,000% with a multiyear wedgeThis is a oriental, non-stop building project The price is inside a multiyear gigantic wedge with another multimonth wedge inside (see the colorful Gann Fan) The first target is the height of the first Gann Fan wedge, on 0.0065 delivering 165% from now If you want to diminish risks, you may wait for the transformation of the ceiling of the wedge into a support (upper continuous blue line) Other targets are: (1) the low Bean Band delivering +900%; (2) multiyear wedge target delivering +5,500% and finally the (3) high Beam Band delivering staggering 12,000% on the long run All targets are painted with a dashed purple line
Long
by CCCLopes
1
BKR & ED: Keep an eye for multiyear breakoutBaker Hughes Company The stock was earlier caught in a prolonged consolidation phase, during which it established an Inverted Head & Shoulder pattern. After the breakout, the price experienced a sharp rise but underwent a correction following the formation of a Double Bottom pattern. Subsequently, the stock entered another period of consolidation, gradually trending upwards. During this time, an Ascending Triangle pattern formed, and the price has recently achieved a successful breakout. If it maintains its position above the breakout level, the uptrend is expected to persist. Consolidated Edison In the weekly chart, the price initially moved downwards and created a Falling Wedge pattern. Typically, when this pattern emerges, the price surges higher following the breakout. In this case, the price indeed soared to its record high around the 102 mark post-breakout. However, the stock couldn't sustain the upward momentum and swiftly dropped from the all-time peak. Subsequently, a consolidation phase began, with the price consistently finding support at the 200 EMA. At present, the price is poised for a breakout, potentially leading to an upward rally upon confirmation.
NASDAQ:BKRLong
by NaranjCapital
4
India Cements - Revenge Trade 101 :) :) :)A Beginner's Guide - How to do Revenge Trading :) - Inspired by True Story !!! Few years back, when I was naive in Technical Analysis, I took an Intraday position in India Cements basis someone's Call in Social Media. It ended up hitting a SL resulting in a Loss of Rs. 111 :) Back then I used to lose money on everything F&O, Intraday, Equity - because "I was always dependent on Calls from someone... When the market goes other way - I used to Panic because that Someone won't respond to our queries or there would be no option for us to ask questions in those Telegram Channels" As a "Smart Trader" I used to do Revenge Trading in F&O by taking Opposite positions because the market went the other way earlier. And the Market so Humbly and with Full Love and affection - SLAP ME ON BOTH SIDES - Ha ha Later - I spent time on Learning and finally decided to take my real Revenge To Avenge my Loss of 111 (Rs.)... Took Revenge Trade at an entry price of 222 (Rs.)... And personally Set up a %Target of 111% :) :) :) Today - the price has reached 374 which is 68% from my entry of 222. One of my student said India Cements - Looks Very Scary from Fundamentals Perspective and he said 111% Target looks too steep and extremely Risky Really ??? Look at the Chart again. The Price has Beautifully completed a Breakout of a 17 Year Rounding Bottom Pattern for Targets of 394, 430, 470 and 586 Look at the Quarterly Chart - Are there any sudden Crashes / Volatile or Erratic Moves ? Despite having a Crappy Fundamentals - how can the Chart be so Neat and Clean ? Understand the Reality - the market does not move as per Fundamentals - its just a Perception. Let's quickly review the Math: Entry Price: 222 CMP: 374 Profits: 68% already done Now that the Breakout is completed on Weekly Closing and also if the price sustains at CMP for another 3 days - it would confirm the Breakout at Monthly closing - setting the 68% on Stone. It won't fall below after that To reach the 111% Target from my Entry price of 222 - its just a matter of 25% more upside from CMP. After a 17 year Monthly Pattern Breakout - is it that hard to get 25% more ? Looks much simpler than before - No ? Worrying too much about Fundamentals might make you a Mental :) (sorry - this is Hard reality) Summary: 1. Don't take Revenge Trade with you loose - your Emotion will make you a Fool - same day 2. Wait for Opportune time - if I can Avenge my Rs. 111 loss with 111% gain - so can you Learn First, Understand how the Market really moves (Don't have any Bias that Fundamentals, Valuations, PE, ROCE, ROE, EPS would offer best results) and Wait for the Right Entry point from the Market (Not from any Call Giver in Internet) and Avenge your loss Taking the Side of the Market (Not Against it) Happy Trading :) 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
NSE:INDIACEMLong
by Stocks-n-Trends
#BEPL an Hidden GEM looking to Shine like a STAR #superchartzKey Levels: Support: 145 CL Resistance: 165 to 170 CL Technicals: Bhansali Engineering Polymers Ltd has a market cap of ₹ 3,768 Cr and a current price of ₹ 151, nearing its 52-week high of ₹ 164 and well above its low of ₹ 81.6. The stock trades at a P/E ratio of 20.6, slightly above the industry P/E of 19.9, indicating a relatively fair valuation. It offers a dividend yield of 2.56% and a price to book value of 4.09. The company’s EPS stands at ₹ 7.33, and it has achieved a notable 44.0% return over the past three months, though its three-year return is a modest 4.85%. The enterprise value is ₹ 3,560 Cr, with a CMP/FCF ratio of 18.0, and it maintains a Piotroski score of 7.00, suggesting a strong financial position. Fundamentals Business Overview: Bhansali Engineering Polymers Ltd manufactures and sells ABS and SAN resins, among other plastics. ABS resins contribute significantly to the company’s revenues. Revenue Breakup FY23: ABS: 92.6% SAN: 1.74% Trading Sales: 5.68% R&D Achievements: Development of 16 new grades with improved properties, and commercialization of 6 of them. Development of 125+ new color grades with 36 commercialized. JV with Nippon: 50:50 JV with Nippon A&L Inc. for expanding business in Styrenics Resins. Manufacturing Capabilities: Two facilities in Abu Road, Rajasthan, and Satnoor, MP with a total capacity of 75,000 TPA. Capacity utilization at 97% in FY23. Capacity Expansion: Plans to expand ABS and SAN capacity to 145,000 TPA by March 2026, with an approved Capex of 500 Cr delayed due to COVID-19. Financial Ratios: ROCE: 24.4% ROE: 18.1% Return on Assets: 16.2% Sales: ₹ 1,267 Cr. OPM: 17.1% Current Ratio: 7.30 Debt to Equity: 0.00 Inference: Bhansali Engineering Polymers Ltd exhibits strong technical indicators with a significant recent price increase and a healthy dividend yield. Its fundamental aspects show robust business operations, particularly in the ABS segment, supported by strategic R&D and a significant capacity expansion plan. The company's financial health is strong with high ROCE, ROE, and zero debt, indicating efficient management and potential for growth, especially with its focus on the automotive industry and support from its JV with Nippon.
NSE:BEPLLong
by SuperChartz
1
TTML (Tata partner with BSNL) - Rumor or Boomer :)There is lot of speculation in the market that Tata is investing / partnering with BSNL to provide high speed 4G & 5G services. Though there is a "Proposal" of such sort, its still in preliminary stages and "AS USUAL" the Market had a Speculative Blast already TTML hit 20% UC today basis this.... If this Rumored news ends up as Rumor.... Then Price would Burst out like a Boomer.... Comparison of Quarterly Vs Daily Chart: 1. On Quarterly: The Price had formed a Massive Flag-Pole pattern and Broke-out of the pattern today with 20% UC. For the Breakout to be effective, it has to Break-above the Previous High Resistance of 99.5. If broken and sustained above 99.5 - Weekly Closing - then Target would be 185 2. On Daily: Price had broken-out of Inverted Head and Shoulder Pattern along with Parallel Channel (Flag) breakout. Now - there are 2 options for the Price 1. If the News is True: Price would blast further up hitting a Target of 145 in short term (Target for Inv H&S + Rounding Bottom BO above 107 2. If the News ends up just as a Rumor: Price would take resistance at 99 and fall back to the next support levels at 90.5 or would retest the Falling Parallel Channel Trendline (Breakout - Retest) which is still bullish After such a massive breakout, it is highly unlikely to return back within the Parallel Channel even if the news is Rumor. Fresh Entries - WAIT for Further Confirmation of Fall to Support Level (or) Successful Breakout above 99.5 Weekly closing.... 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
NSE:TTMLLong
by Stocks-n-Trends