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ROCKET LAB 1st 1D Golden Cross in 1 year!Rocket Lab (RKLB) is up heavily following our last buy call (May 29, see chart below) and is approaching our $5.50 short-term Target: Since however the Lower Highs trend-line is now a bit lower and the medium-term pattern since April's bottom emerged as a Channel Up (dotted), we lower this short-term Target to $5.35. The key development of the week though is none other than the formation (today) of the 1st Golden Cross on the 1D time-frame in 1 year (since June 20th 2023). As a result, we don't expect the rally to stop there but instead to accelerate tiwards the 2-year Higher Highs trend-line. This is a seasonal rally that RKLB has done in the past two years during July-August. Our long-term Target is 8.75. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:RKLBLong
by TradingShot
Can Indiamart move above the dart?IndiaMART InterMESH Ltd. engages in the provision of platform to Small and Medium Enterprises, large enterprises, as well as individuals. India's largest online B2B marketplace, IndiaMART is at the forefront of transforming the landscape to facilitate ease of doing business through a well-entrenched network of hi-tech solutions and services. IndiaMART InterMESH Ltd. CMP is 2717.65. The positive aspects of the company are Mutual Funds Increased Shareholding, Annual Profit Growth higher than Sector Profit Growth, Company with No Debt, Company with Zero Promoter Pledge, FII / FPI or Institutions increasing their shareholding and Growth in Net Profit with increasing Profit Margin. The Negative aspects of the company are High PE (PE=48.8) and Companies with growing costs YoY for long term projects. Entry can be taken after closing above 2742. Targets in the stock will be 2814 and 2857. The long-term target in the stock will be 2917, 2962 and 3018. Stop loss in the stock should be maintained at Closing below 2549 or 2399 depending on your risk taking ability. The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
NSE:INDIAMARTLong
by Happy_Candles_Investment
Teamlease can try to cross the next hurdlesTeamLease Services Ltd. engages in the provision of staffing solutions. It operates through the following segments: General Staffing and Allied Services; and Other Human Resource Services. The General Staffing and Allied Services segment comprises of staffing operations, temporary recruitment and payroll. TeamLease Services Ltd CMP is 3006.85. The positive aspects of the company are Company with Low Debt, Company able to generate Net Cash - Improving Net Cash Flow, FII / FPI or Institutions increasing their shareholding and Annual Net Profits improving. The Negative aspects of the company are MFs decreased their shareholding last quarter, High PE (PE=45), High promoter stock pledges and Decline in Net Profit margin. Entry can be taken after closing above 3036. Targets in the stock will be 3194 and 3348. The long-term target in the stock will be 3532 and 3710. Stop loss in the stock should be maintained at Closing below 2733. The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
NSE:TEAMLEASELong
by Happy_Candles_Investment
Bajaj Healthcare can remain bullish on buy back offerBajaj Healthcare Ltd. is a pharmaceutical company, which engages in the development, manufacturing, and supply of amino acids, nutritional supplements, and active pharmaceutical ingredients, serving various Pharmaceuticals, Nutraceuticals and Food industries globally. Bajaj Healthcare Ltd CMP is 355. The positive aspects of the company are Company with Zero Promoter Pledge, Mutual Funds Increased Shareholding in Past Month and Increasing Revenue every quarter for the past 2 quarters. The Negative aspects of the company are declining Net Cash Flow : Companies not able to generate net cash. Entry can be taken after closing above 359. Targets in the stock will be 377. The long-term target in the stock will be 403, 429 and 447. Stop loss in the stock should be maintained at Closing below 312. The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
NSE:BAJAJHCARELong
by Happy_Candles_Investment
GAMESTOP Can it repeat the crazy run of 2020/21?GameStop Corporation (GME) has been consolidating during the past 2 weeks and lately have found support exactly on the 1D MA50 (blue trend-line). Early in May it gave the first signs of breaking above its recent 3-year Bear Cycle. The rise was almost as strong (+520%) as the one that made a temporary high on October 22 2020. Both formed a 1D Golden Cross. The main support of 2020/2021 was the 1D MA50, so technically as long as it holds (even a marginal break would be ok), the probabilities for a new High remain alive. Practically the sequence that led to the recent bottom is quite similar to 2019/20. If history keeps repeating itself then we could be looking at a +18630% from the bottom, which price-wise is translated to $1800. The times are of course different and GME's whole move was based on the 'meme' retail investors crusade against the big hedge funds that were shorting the price. Also those were post-pandemic times with very low interest rates and cheap money that could easily be diverted to extremely risky assets such as GME. Volumes were more easy to be achieved. Do you think history will be repeated? ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NYSE:GMELong
by TradingShot
9
NVDIA Not the time to buy yet.NVDIA corporation (NVDA) is on the 3rd straight week of losses following the mid-June High, which was a Higher High at the top of the 20-month Channel Up. During that time the stock turns into a Buy only after it breaks below its 1D MA50 (red trend-line). As you can see some times the bottom process takes longer, other times it is very short. The 1W MA50 (blue trend-line) hasn't been broken since mid-January 2023. At the moment, the stock has started the new Bearish Leg. Past such Legs extended to at least -22.56% and with a maximum -26.18%. We are ready to buy at $110.00 and target the 2.0 Fibonacci extension at $170.00 (each Higher High is on a Fibonacci extension lower). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:NVDA
by TradingShot
9
ELI LILLY Entering consolidation phase. Wait for the buy signal.Last time we looked at Eli Lilly (LLY) was on March 18 (see chart below) and we got the most out of it as we entered after a 1D MA50 correction and got the most optimal value: Our original target was $1050 calculated according to the % rise of each previous Bullish Leg (+45%) of the +1 year Channel Up but now it appears that the stock won't hit that level during this Leg as we are entering the bottom phase of the Sine Wave. As you can see on the chart (now on the 1W time-frame), this is where LLY typically pulls-back and consolidates (red Rectangle) until the next Bullish Leg begins near the 1D MA100 (red trend-line). As a result, we are closing our bottom buy position and turn neutral on LLY until we approach the 1D MA100 again, starting mid-August. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NYSE:LLY
by TradingShot
1
Maithan can make smart movesMaithan Alloys Ltd. manufactures and exports manganese alloys. Its products include Ferro silicon, Ferro manganese, and silicon manganese. The firm also generates and supplies wind power. Maithan Alloys Ltd CMP is 1212.15. The positive aspects of the company are Company with Low Debt, Company with Zero Promoter Pledge, MFs increased their shareholding last quarter, Companies with 10% increase in share price over three months, with rising net profit growth and Companies with rising net profit margins. The Negative aspects of the company are Inefficient use of capital to generate profits, Degrowth in Revenue and Profit, Declining Net Cash Flow : Companies not able to generate net cash and Annual net profit declining. Entry can be taken after closing above 1223. Targets in the stock will be 1267 and 1307. The long-term target in the stock will be 1351. Stop loss in the stock should be maintained at Closing below 1126. The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
NSE:MAITHANALLLong
by Happy_Candles_Investment
Crisil can create an upmoveCRISIL Ltd. is a globally diversified analytical company, which engages in the provision of ratings, research, and risk and policy advisory services. It operates through the following segments: Ratings, Research, and Advisory. The Ratings segment includes credit ratings for corporates, banks, small and medium enterprises, training in the credit rating field, credit analysis services, grading services, and global analytical services. The Research segment includes high end equity research, industry reports, customized research assignments, subscription to data services, and initial public offering (IPO) gradings and training. The Advisory segment comprising of infrastructure and risk solution business showed marginal growth despite a challenging economic environment. CRISIL Ltd CMP is 4435.70. The positive aspects of the company are Company with No Debt, Improving Net Cash Flow , Company with Zero Promoter Pledge, FII / FPI or Institutions increasing their shareholding and MFs increased their shareholding. The Negative aspects of the company are High Valuation (P.E. =49.9), Companies with high market cap, lower public shareholding. Entry can be taken after closing above 4465. Targets in the stock will be 4674 and 4893. The long-term target in the stock will be 5151 and 5256. Stop loss in the stock should be maintained at Closing below 4058 or 3876 depending on your risk taking ability. The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
NSE:CRISILLong
by Happy_Candles_Investment
MICROSOFT $450 Target hit. Potential consolidation ahead.Microsoft (MSFT) easily hit our $450.00 medium-term Target that we called on our last signal (May 01, see chart below): That call came on the most optimal buy entry, with the price right at the bottom of the 18-month Channel Up. The symmetry between the pattern's Legs is very high and based on the previous Bullish Leg (dotted Channel Up), we should now get a medium-term consolidation to test the 1D MA50 (blue trend-line) and then resume the uptrend. The Higher High was priced just above the 1.382 Fibonacci extension level. As a result, our next Target is $480. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:MSFT
by TradingShot
1
Lupin can take a leap.Lupin Ltd. is an innovation led transnational pharmaceutical company, which engages in the business of producing, developing, and marketing a wide range of branded and generic formulations, biotechnology products, and active pharmaceutical ingredients. The Company has significant player in the Cardiovascular, Diabetology, Asthma, Paediatric, Central Nervous System (CNS), Gastro-Intestinal (GI), Anti-Infective and Nonsteroidal Anti Inflammatory Drug (NSAID) therapy segments and is a global leader in the Anti-TB and Cephalosporin segments. Lupin Ltd. CMP is 1621.35. The positive aspects of the company are Company with Low Debt, Annual Net Profits improving for last 2 years, Company with Zero Promoter Pledge, FII / FPI or Institutions increasing their shareholding and Efficient in managing Assets to generate Profits. The Negative aspects of the company are Declining Net Cash Flow : Companies not able to generate net cash, MFs decreased their shareholding last quarter and Promoter decreasing their shareholding. Entry can be taken after closing above 1636. Targets in the stock will be 1657 and 1677. The long-term target in the stock will be 1700 and 1728. Stop loss in the stock should be maintained at Closing below 1545 or 1497 depending on your risk taking ability. The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
NSE:LUPINLong
by Happy_Candles_Investment
JK Tyre is jumping after forming a baseJK Tyre & Industries Ltd. manufactures tyres, tubes and flaps. JK Tyre & Industries Ltd is one of the leading automotive tyre manufacturers in India. The company mainly develops, manufactures, markets and distributes automotive tyres, tubes, flaps and retreads. It markets tyres for sale to vehicle manufacturers for fitment as original equipment and for sale in replacement markets. The company has manufacturing plants located in India and Mexico with worldwide distribution. JK Tyre & Industries Ltd CMP is 429.75. The positive aspects of the company are Company reducing Debt, Company with Zero Promoter Pledge, Annual Net Profits improving and Improving Cash Flow from operation. The Negative aspects of the company are MFs decreased their shareholding last quarter, Companies not able to generate net cash and Increasing Trend in Non-Core Income. Entry can be taken after closing above 434. Targets in the stock will be 446, 471, 486 and 500. The long-term target in the stock will be 515, 534 and 554. Stop loss in the stock should be maintained at Closing below 382 or 359 depending on your risk taking ability. The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
NSE:JKTYRELong
by Happy_Candles_Investment
NextEra Energy / NEE vs. NEPRenewable energy investments are in high demand by many investors, but many of these companies aren't very profitable yet or are unattractive due to other fundamental issues. NextEra Energy and NextEra Energy Partners are outliers, however, as they are highly profitable while also providing a growing income stream for their owners. In this report, I'll show why I believe that NextEra Energy Partners, LP is the significantly more attractive pick at current prices, relative to the mother entity NextEra Energy, Inc Renewable energy is in high demand around the world. Countries, corporations, and even individuals are spending heavily to increase the generation of electricity via hydro, solar, wind, geothermal energy, and so on. Many investors also want to invest in this macro megatrend, but not too many investment choices seem suitable for that. Many companies in this space are either not profitable or trading at very elevated valuations. Some have been clear bubble stocks in the past, along with many electric vehicle stocks that were also hyped up during the pandemic, which didn't work out for investors. In order to decide whether NEE or NEP is more attractive for investment today, we'll look at a couple of factors that investors might want to consider when making an investment decision. Both companies are marketed as renewable energy investments, but their actual exposure to renewable energy is very different. NextEra Energy Partners is highly exposed to renewable energy, as that industry contributes the vast majority of its revenue and profit: The company reports that around 80% of its revenue were created with its renewable energy business, both in the most recent quarter and in the Q1-Q3 2022 time frame. By contrast, around 20% of NEP's revenue was generated by its pipeline services, which could be called a hydrocarbon or "old energy" business. NextEra Energy Inc., on the other hand, is not as heavily exposed to renewable energy. NEER, NEE's renewable energy business unit, contributed just $1.6 billion of the company's overall revenue of $6.7 billion during the most recent quarter, or 24%. The majority of NEE's revenue is contributed by Florida Power & Lighting, a regulated electric utility. FPL has some renewable energy assets as well, but also uses non-renewable power assets for electricity generation on top of offering distribution etc. Overall, that makes NEE a less renewable-focused company relative to NEP. That does not have to be a bad thing per se, but for an investor that seeks to add renewable energy exposure, NEP with its ~80% exposure seems more suitable than NEE, which is more comparable to a typical regulated electric utility. A stock's valuation should always be considered when making investment decisions. Today, NEE trades at 28x this year's expected net profits, using the midpoint of management's guidance range. That's a pretty high valuation for an electric utility, and explains why NEE only receives a Valuation Score of F. Meanwhile, NEP is trading at just 8x CAFD today, which translates into a cash flow yield of 12.5% (versus an earnings yield of less than 4% for NEE). Not surprisingly, NEP has a way better Valuation Score of C+. NEP's valuation is thus not perfect, either, but easily outclasses the valuation NEE trades at. For those that prefer to look at net profit for both companies, although one can argue that cash flow is more telling for an LP like NEP, NEP looks way cheaper than NEE, as NEP's forward earnings multiple is 13.5 -- less than half as much compared to the valuation NEE trades at, despite NEP's better growth. Both companies have enjoyed healthy growth in recent years. During the most recent quarter, NEP grew its EBITDA (earnings before interest, taxes, depreciation, and amortization) by 13% year over year, while CAFD (cash available for distributions) grew by an even better 17% year over year. NEP continues to add new assets regularly, which drives its growth, although organic growth via rate increases and output optimization also plays a role. Overall, NEP isn't very large yet, with a market capitalization of $7 billion. An acquisition worth a couple hundreds of millions of dollars is thus enough to move the needle -- that's not true for NEE, which is valued at around $170 billion. Only very large takeovers or new projects move the needle for NextEra Energy, Inc. NEE forecasts that its earnings per share for 2022 will total $2.85 (final results have not been released yet), which would be up by 12% year over year. For a large electric utility, that's still pretty strong, but it's not as exciting as the growth that NEP has been delivering. Going forward, that should hold true as well. NEE is forecasting earnings per share growth of 7% for 2023, while EPS forecasts for 2024 and 2025 stand at 9% and 7%, respectively, using the midpoint of the EPS guidance range for each respective year.NEP, meanwhile, will likely deliver double-digit growth going forward, at least if management is correct. The company forecasts that its cash available for distribution run rate will be around $820 million at the end of 2023, which would be up from $730 million in 2022, which makes for a 12% increase. While management has not given out guidance numbers for 2024 and beyond, the higher growth in 2023, coupled with the fact that driving meaningful inorganic growth is easier as smaller acquisitions can have a larger impact, make me believe that NEP has a good chance of growing faster than NEE in 2024 and 2025 as well. That also impacts the dividend growth rate, which gets us to the next point.
NYSE:NEP
by moonypto
1
MICROSTRATEGY Bottom on Inverse Head and Shoulders. Eyeing $2000MicroStrategy Inc. (MSTR) is about to complete the Right Shoulder of an Inverse Head and Shoulders (IH&S) pattern, which is a bottom formation technically. The Head was formed on the 4H MA200 (orange trend-line), a long-term Support for the stock, while the price is now testing the 4H MA50 (blue trend-line) as Resistance. We saw this exact same behaviour on MSTR's previous bottom (May 01) and right when it broke above the 4H MA50, it peaked marginally above the 1.618 Fibonacci extension level. As a result, we expect a similar development and our Target is $2000. Notice also that right when the price was testing the 4H MA50 last time, the 1D MACD formed a Bullish Cross, which is what it is currently doing. Strong similarities everywhere. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:MSTRLong
by TradingShot
1
A good time to accumulate HFCL?• HFCL is trading at around it's all time high. • The fundamentals are quite good. • A breakout on February failed and the prices fell and since February it was trading in a range. • Finally on 12th June it broke out with promising volumes and now has come down to retest it's breakout level which is between 108.80 - 111.50. • One can observe the markets tomorrow and plan their entry. Although an entry around 113.50 - 114 should be more convincing. • Buy and hold it. If the prices fall down, if you can't handle the risk, exit and buy on dip at lower level. • On dips, first buying zone is around 90. The second is around 84-82. • Invest doing your own analysis. Thanks
NSE:HFCLLong
by rohix
TESLA It has begun...Tesla (TSLA) is on almost a +5.00% rise today an aggressive reaction to the market news and technically extending an Inverse Head and Shoulders (IH&S) pattern as we mentioned on our previous analysis (see chart below): It is a good time to shift to the longer term time-frame of 1W, where this IH&S pattern is a bottom formation that Tesla has registered before all of its major long-term rallies. The one that looks from cyclical start to finish with today's pattern is the period of 2014 - 2016. Once the price broke above the 1W MA50 (blue trend-line) on that pattern, Tesla started a rally that peaked on the 1.382 Fibonacci extension level. Observe similar the 1W RSI patterns are as well between the two Cycles. If the stock repeats that Fibonacci target, we can get a price as high as $700.00. That is of course a very optimistic scenario but even the more pessimistic one, has a (dotted) Channel Up targeting its top on the 3.5 Time Fib at around $400, which is almost the All Time High (ATH) for Tesla. As a result, we see $400 as a real posibility for the end of the year. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:TSLALong
by TradingShot
2
RIVIAN Time to get bearish despite the VW $5 billion investment?Rivian Automotive (RIVN) reached today as high as $16.35 following Volkswagen's $5 Billion investment and got just shy of our $17.00 long-term target, as we called on our last analysis (May 17, see chart below): Despite the excellent news, we have to call for caution this time as the technicals come in center stage. As you can see, the prevailing long-term pattern remains a Channel Down since the September 2022 High and unless the 1W MA100 (yellow trend-line) breaks and closes a 1W candle above it, we won't continue buying. We change now our outlook to medium-term bearish and expect a rounded top to be formed below the 1W MA100 in the next 3 weeks, which we will sell and target the 0.618 Fibonacci Channel level at $13.50. Check also how the 1D RSI sequences between the current and the previous Lower High formation in July 2023 are similar. Add to the bearish mix the fact that today's rise stopped exactly on the 1W MA50 (red trend-line). In any case, as mentioned, we are only willing to buy after a 1W MA100 break, in which case we will target $28.00 (just below Resistance 2). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:RIVNShort
by TradingShot
1