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
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Multiyearbreakout
The Super Bullish Gold Bullion :) :) :)Back on Aug 30, we had indicated that Gold is turning to Bullish mode and 1st target is 2280. Today Gold made a new ATH of 2265 - just kissing distance from 1st Target
Have a look at the monthly chart. Look at the Volume Build up over the past 3-4 years. Cup and Handle BO also confirmed on Monthly
Next targets are 2280, 2550, 3015
Over the weekend, Gold price shot up over Rs. 100 / gm in India, This is not going to be the end. This is just the beginning.
Also remember, Market is making new ATH, Gold is making new ATH. How ??? All these years, Gold and Market had Inverse proportion. When market crashes, Gold rises and vice-versa, but is it still the truth ???
This is the time to let go of Old-school thought process and accept the changing reality. With the introduction of Crypto market the Relationship between Gold and Equity Market was long broken. So, give up your bias and learn to ride the tide irrespective of its side
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
Anuh Pharma - The Non-stop Blaster, but its Just about to Start Anuh Pharma - Going non-stop. Another 6.3% up today. Multi-year VCP Pattern BO happening. Volume build up is good. Just let it sustain above 261 levels until Weekly Close for rockets to Fly....Target 320, 445 (Still 2x to go from here). But fresh entries wait for BO confirmation on weekly. Remember - this is a Monthly Pattern. Even WEEKLY confirmation of BO is not good enough, but atleast we need to wait for this minimum
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
The Electronic Cousins - MIC Vs MI"R"C ElectronicsMIRC Electronics Limited is an India-based company, which is engaged in the business of manufacturing and marketing of consumer electronics goods primarily under the brand, Onida. The Company operates through consumer durable products segment
MIC Electronics Limited . is a global leader in the design, development & manufacturing of LED Video Displays, high-end Electronic and Telecommunication equipment and development of Telecom software since 1988.
While both companies operate in the Consumer Durable Product Segment - Its surprising to see that both companies Technically are going thru a Very Similar Pattern
Multi-Year Falling Parallel Channel
Cup and Handle Pattern near the Parallel Channel Breakout zone
Both are showing Multi-bagger setup
In the Short-Medium Term, below are the Targets for both Companies
MIC Electronics : C&H BO done and now on verge of Resistance BO at 50.5. If sustained above 51 WCB then Targets are 65, 83, 110. Compared to CMP - 50 Target is 2x Away
MIRC Electronics : C&H BO Done and now on verge of Resistance BO at 29. If sustained above 30 WCB then Targets are 50, 90. Compared to CMP - 29 Target is 3x Away
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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Arvind Ltd Swing, Short Term and Long Term Trade Idea6M chart shows a Double bottom breakout, we need to wait till December closing, aggressive investors may consider trade now. This shows a potential 100% return from here.
Monthly and weekly chart shows an all time high breakout, after 5 years of consolidation and hitting the same supply region.
This chart shows opportunity for swing and short term.
75 minutes has broken out of small consolidation zone, potentially leading to the next target zone of 185. For swing trade one may consider this.
Trade at your own risk, Happy trading!
Petronet LNG #PSU worth to look for!Is it gonna break multi-year range?
With recent Q3 results I can assume that the price action got the support of Fundamentals
as you can see the price just attempted to break its barrier
though it is unsuccessful; looking at the similar pattern before -- the current structure almost resembles the pattern the stock is following.
like historic pattern, price being above the R1 pivot gives confidence that it will eventually break out of the range and inch higher
#PSU
Buy Tourism Stocks - Enjoy your Vacation with ITDCEveryone wants to have a Break from their Routine Life - A Time with Family - A Pleasant Vacation, but all of these comes with Cost
Tourism Sector is a Very expensive area - Not just booking Hotels, Flight Tickets, Money is needed to Buy Gifts from Vacation spots, Food, Appropriate Clothing etc....Where do we generate money for this Expenditure ????
INDIA INC - Interim Budget announcement has shed so much focus on Tourism Development.
ITDC - India Tourism Development Corp is in Focus after the Budget. The stock closed 20% UC on Budget Day - Breaking out of 7 Years Rounding Bottom Pattern
Today being Weekly Close (Feb 2nd) - Wait until 3:15 pm to ensure the BO above 750 has sustained until Weekly Close.
Target 1400 - approx 2x from CMP. Don't miss this, but don't rush in the morning. Wait until stability by day close
Disclaimer:
Stocks-n-Trends is NOT a SEBI registered company. 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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Skipper Ready for Double Skip :)Skipper had a Blast of nearly 15% today and ended right at the BO zone of Multi year Rounding Bottom BO
On Daily Chart - there is a Cup and Handle Pattern with same BO zone. Above 275 WCB for target of 340
On Monthly Chart - There is a Rounding Bottom pattern with BO above same 275 WCB for Target of 530 almost 2x from CMP
Disclaimer:
Stocks-n-Trends is NOT a SEBI registered company. 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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The Next Blockbuster Film - B.A.G Films & MediaNifty Media India is on the Verge of Break out. On Monthly timeframe - There is a Beautiful Cup and Handle Structure with an embedded Inv Head and Shoulder inside the Handle
With the Media Index brimming near breakout level - some of the Media stocks are also at same situation
B.A.G Films & Media - one such stock which has recently completed a 12 Year Breakout in December and rising 62% already in just 1 week of Jan 2024.
Monthly Timeframe shows - Inverted Head & Shoulder pattern (BO done) and currently facing another Multi-year resistance. Once above 16 WCB the stock would hit a Blockbuster run to 19, 27 and finally long term target of 105
Dont miss this multi-bagger
Disclaimer:
Stocks-n-Trends is NOT a SEBI registered company. 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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A Confluence of Cup & Fib - Adani Ports :)For any script - When a News, Fundamentals and Technicals meet - then there its bound to
The recent positive ruling from the Supreme Court on the side of Adani Group against Hindenburg Report has definitely boosted Investor morale on all counters of Adani
From a Fundamentals perspective Adani Ports is a Rock Solid script as it has global presence in Physical Real Estate of each port and is continually trying to scale up across the world.
From Technical point of view on Monthly Chart:
1) Price Broke out of Long Term Parallel Channel (since IPO)
2) Rounding Bottom / CUP pattern BO also done on Monthly
3) The Cup pattern bottom retracement was at Fib 0.786 level and hence the Cup Target 1390 is exactly meeting Fibonacci Extension Target of 1.272
Confluence of Cup & Fib - is a double confirmation of structure and now that Channel is also broken out positively, the additional Fib extn targets will also be met
Targets 1390, 1665, 2450
Disclaimer:
Stocks-n-Trends is NOT a SEBI registered company. 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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Mining thru the Miner Stock - VedantaMulti-Timeframe Analysis of Vedanta:
Decoding the Dividend Yield
Vedanta Ltd has been a Cash Cow atleast for past 2-3 years from a Dividend Perspective. More than the Stock price gain - It has provided Dividend Yield of more than 40% since 2022. A large portion of Dividend yields was being utilized to settle the Parent Company's Debt in UK. It was like a Collateral "Gains" for us - the retail investors - who also got big chunk of Dividends. I used to say in a funny way "As long as Vedanta is in Debt - I will enjoy Hefty Dividends" :) This is real and realized profits unlike the stock prices which goes up and down
Flag Pole Break Out on Monthly Chart
As you can see, VEDL has completed a Flag Pattern BO on Monthly level with huge target of 488
Multi-Bullish Patterns on Daily Chart
On the Daily - there are multiple bullish Patterns
1. Cup and Handle - BO started today
2. Inv Head & Shoulder embedded inside the Cup - Target Reached
3. While forming the Handle portion - it also completed the BO - Retest of Flag Pattern which is a Very Healthy sign
Vedanta is all set to Shine Bright & Hot in the upcoming days - especially when the Metal Index is also on BO - there is no stopping for this beauty now :) :) :)
Gokaldas Exports: Multi Year breakout weekly chart analysis
👍Fundamental Analysis:
Business Overview: Gokaldas Exports Limited is engaged in the design, manufacture, and sale of a wide range of garments for men, women, and children. It caters to the needs of several leading international fashion brands and retailers.
Financial Performance: The company has shown a good profit growth of 50.1% CAGR over the last 5 years. It has also reduced its debt significantly.
Key Ratios: The company has a ROCE of 23.7% and an ROE of 21.7%. The stock P/E ratio is 16.3.
Market Capitalization: As of the data available, the market cap of Gokaldas Exports is ₹ 2,830 Cr.
Promoter Holding: The promoter holding in the company is relatively low at 11.1%, and it has decreased over the last quarter by -9.90%.
👍Technical Analysis:
Stock Price: The current price of the stock is ₹ 467 with a high/low of ₹ 475 / 301.
Volume: The volume of shares traded will give an indication of the market activity and liquidity. The data for this is not provided.
Moving Averages: The 50-day and 200-day moving averages can provide insights into the stock's short-term and long-term trends. The data for this is not provided.
Price-Earnings (P/E) Ratio: The P/E ratio of the stock is 16.3, which can give an indication of the stock's valuation.
Disc:Please note that this analysis is based on the data available and actual figures may vary. It's always recommended to do your own research or consult with a financial advisor before making investment decisions.
started building position , first trance
Man Industries on the verge of 17 year BOKey Levels:
Support: 130
Resistance: 240
Learning:
🚀💰 Multi-Year Stock Breakouts: Unleashing Financial Triumph! 💰🚀
1. Breaking Barriers, Igniting Prosperity: Watch stocks defy gravity as they smash through long-held resistance levels, ushering in a new era of financial success!
2. The Rise of Titans: Witness the rise of breakout stars as they conquer the charts, captivating investors with their unstoppable momentum.
3. Confidence Booster Extraordinaire: A multi-year breakout screams confidence! Feel the rush of excitement as investors flock to seize these golden opportunities.
4. From Downturn to Upturn: Say goodbye to stagnation! Experience the euphoria of trend reversal as stocks soar to new heights.
5. A Stamp of Fundamentals: Rock-solid companies are on the move! Confirming strength in the fundamentals, these breakouts mean business.
6. Trader's Paradise: Get ready to profit like never before! Traders, this is your chance to ride the wave of a lifetime.
Don't miss your ticket to financial triumph – embrace the exhilaration of multi-year stock breakouts! 📈🎉
CONFIPET for Swing / Positional CONFIPET Prediction for Swing / Positional Trading
First breakout at Entry 1 level. This entry 1 level was retested. Now it is ready for Entry 2 above 95.5 close daily basis or you can entry according to your experience. Entry 1 level can be restested again before final breakout.
SL- 82
Targets- 101,112,119,130,137,137,148,…
According to your “STOMACH” book your profit. Always maintain your risk management.
Watch Carefully – The Chart Explains For Itself.
Disclaimer:
I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
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Happy trading.
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About CONFIPET-
Confidence Petroleum India Ltd. engages in the manufacture and marketing of liquefied petroleum gas (LPG) cylinders. It operates through the Cylinder and LPG Trading & Refilling. The Cylinder segment is involved in the production and marketing operations of cylinder. The LPG Trading & Refilling segment engages in the bottling of LPG and supplies for commercial use. The company was founded on July 21, 1994 and is headquartered in Nagpur, India.
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Tril Ltd Buy tril at current levels and below
Keep sl 57
Tgt 85 98
Above 98 it will zoom to kiss 3 digits
Ask your financial advisor before buying
Mahindra CIE Automotive Ltd - Multi-year + Cup & handle Breakout📊 Script: MAHINDCIE (MAHINDRA CIE AUTOMOTIVE LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY 500 / NIFTY SMALL CAP / NIFTY INFRASTRUCTURE
📊 Sector: Consumer Discretionary / Automobile and Auto Components
📊 Industry: Auto Components & Equipments
Weekly Time Frame
Key highlights: 💡⚡
📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
📈 MACD is giving crossover.
📈 Double Moving Averages also giving crossover .
📈 Volume is increasing along with price which is volume breakout.
📈 Script is giving breakout of Cup & Handle as mention is chart.
📈 On a daily Time Frame script is giving multiple resistance breakout as mention in 2nd chart and also rounding bottom breakout is there.
📈 Current RSI is around 73.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 317
🟢 Target 🎯🏆 - 352
⚠️ Stoploss ☠️🚫 - 302
👉Strong fundamentals, Expensive valuation
⚠️ Important: Always maintain your Risk & Reward Ratio.
⚠️ Purely technical based pick.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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