Punjab National Bank Breakout Above 100PNB bank is attempting a breakout at 100 level.
Pnb is attempting multi-year breakout
Re-Test level 88
Nseindia
INDIAN BANK multiyear breakout attempt Indian Bank attempted the multiyear breakout at the level of 430-390. At this level indian bank attempted a breakout on monthly chart and than comes in a consolidation. Formed Doji & Shooting Star which symbols a consolidation within a range.
Further stock needs to give breakout and close above the previous two months levels i.e 460.
Volume spark and than consolidation while being in a up trend shows a slow accumulation in a stock.
Re-Test level is 380-390
Beautiful breakout in #BALAMINES#BALAMINES
Beautiful breakout in Balaji Amines Ltd.
₹2470-₹2450 zone will be a nice level to buy if there is correction.
Can target 50-60% returns after entry zone is tapped!
#IEX is breaking out!I expect another 35-45% on this stock.
If there is a correction, ₹155-₹165 is a good level to add to buys.
Any move below ₹140 would make us worry, however it has less chances as I see on chart.
BCG READY TO SHOOT!!!
Price has completed Wave 1 and Wave 2 also,
Wave 2 has retraced Wave 1 by less than 100 % which suffices the retracement rule of Wave 2 as per the Elliott Wave Theory,
As per Elliott Wave Theory Wave 3 extends by 161.80% of Wave 1 accordingly the Upward projection for this stock is 206.40 measured as per Fibo Extension.
Currently Price has formed a first Monthly Fresh Demand and has given a closing above the EMA which also confirms gain in Buying Power.
We have the Risk defined as per the Monthly Demand and Target derived as per the Wave 3 Fib Extension.
#HPPSTMNDS - Happiest Minds Techno Ltd ready for take off!#HPPSTMNDS
IT sector resurgence has started I think and some of the IT companies are looking nice.
One such stock is Happiest Minds Techno Ltd which I think is close to a nice breakout!
Keep an eye, as confirmed breakout can lead to 25-50% move in coming weeks/ months.
IOB Good Investment Opportunity !!!
As per the Annual chart, Wave 1 is a 3 Wave Sequence structure,
Wave 2 has retraced Wave 1 by less than 100% which suffices the Rule of the Wave 2, Now Wave 3 is forming now according to the fibonacci extension levels Wave 3 extends to 161.80% of the Wave 1 that way the Target for IOB is 367.20
State bank of India looks ready for another massive move upState Bank of India looks great at current levels.
Has been breaking out of ascending triangle on weekly.
We can wait for weekly close to happen to take an entry for good targets.
Tata Power getting readyHello Friends,
Your favorite Tata Power getting ready for rally. Above 215 , good move expected.
TATAPOWERwe are looking TATAPOWER bullish move.
Disclaimer:
Kind regards to all friends and members ,
Stock market investment is subject to 100% market risks. Our company is not a SEBI registered company. Please consult your financial advisor before investing. This is for learning and training purposes only. Market Traps administrators are not responsible for any financial gains or losses resulting from your decisions. You acknowledge that stock market investments are highly risky and that you understand the market risks involved. Hence any legal action is void.
#PARAGMILK - Seems to be a nice buy at current levels#PARAGMILK
Seems to be a nice buy at current levels.
Consolidation near support and back inside the old parallel channel.
Forming higher lows and higher highs on lower timeframes. I think this eventually goes to new ATH in coming months.
Buying here at CMP i.e. $217.90 with SL of ₹187 and Targets of 234-268-317-357
#DoYourOwnResearch before investing
🚀 Unveiling Trade Opportunities: FACT Fertilizers & ChemicalsWe're diving into the charts of FACT Fertilizers and Chemicals to uncover potential trade setups.
Current Situation 📊:
LTF Analysis: Currently, FACT is nestled in the 75-min demand zone, specifically the Rally 2 Base Rally (R2BR) zone.
ITF Overview: The Intermediate Time Frame (ITF) shows a clear uptrend. The price is comfortably trading at the daily EMA20
HTF Insights: Zooming out to the Higher Time Frame (HTF), the weekly chart indicates a strong uptrend, and there's a clear path upside with no resistance in sight.
Enter at the 75-min current demand zone, Risk-to-Reward Ratio: Aim for a lucrative 1:3.
🌟Thank you for your support! Your likes & comments. If you want to give any feedback then you can give in the comment section🌟
Trade with confidence, and let your profits run like a river. Embrace the journey!
Disclaimer 🚨:
This analysis is for educational purposes only. We aren't SEBI registered analysts. Trade responsibly.
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
Muthoot : Riding high Target 2500Highest EPS Sept Quarter of 26.4 from Rs 24.2
Riding high the Credit Boom for NBFC's.
technicals:
1. 45% Trendline
2. 50/100/200 DMA support at current levels ( divine intervention)
3. Momentum INdicators Oversold.
Pennar Industries #PENIND - Looking good for more upsideGood buying opportunity at CMP: ₹120.55 in my opinion.
Retesting the range.
Expecting another 25-30% move in coming days.
PayTM: Mat KaroReducing EPS Losses peaked in March 23 at Rs -2.6
For the Quarter ended Sept 23, EPS losses nearly doubled at Rs -4.6
The Stock Prices over the past six months is averaging Rs 900.
Target Rs 600 by March 2024
ULTRA TECH CEM FUT long at 8215 ADD AT 8050 SL 7925 , hopefully can reverse from here worth a shot
due to decent risk / reward ratio
ready to cross 900 soon.Based on macd and SMA ready to cross 900 soon. Simple moving average is ready to cross 900 supported by MACD also
Swastika InvestmartSWASTIKA INVESTMART
Growing stock brokerage firm Swastika Investmart, listed in Bombay Stock exchange, trading very cheap in comparison to its peers.
Swastika has an Earning Per Share of Rs22 , FV of 10 and is going to become a National Brand.
MUST BUY & Hold for 5 to 10 years time frame.
The stock price is expected to rally 10 times from current levels.
Honasa: Mama Mia !!What a Garbage
The Valuation is a nightmare
Its a South Mumbai stock, let idiots in South Mumbai buy it
PETRONET AMAZING OPPORTUNITY !!!
These are the Source and Destinations of the Uptrend.
The Demand and Supply Equilibrium showing us the Areas on the equilibrium.
Long Trade with an Amazing Reward to Risk ratio.
ENJOY THE RIDE ! ! !
Ready to fly for 3600+Based on macd and SMA ready to cross 3600 soon. Simple moving average is ready to cross 3600 supportedby MACD also
TV18 BROADCAST breakodownTV18 BROADCAST breakodown
1. Descending Triange
2. Volume Buildup
3.Neck brakdown
