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Adani Wilmar looking Oil RichAdani Wilmar Ltd. is a manufacturer of Edible Oil, Vanaspati, and Specialty Fats. The Company offers soybean oil, sesame oil, sunflower oil, cottonseed oil, groundnut oil, mustard oil, groundnut oil, and coconut oil, as well as vegetable ghee. It serves households and institutional buyers. It offers products through distributors, super stockists, brokers, and other trade associates. It exports products to The Middle East countries, South East Asian countries, Africa, Ukraine, and Ghana. Adani Wilmar Ltd CMP is 389.95. The Negative aspects of the company are High Valuation (P.E. = 597.3), Declining annual net profit, declining cash from operations annual, Promoter Holding decreasing. The positive aspects of the company are No debt, zero promoter pledge, FIIs are increasing stake, MFs are increasing stake. Entry for paper trading can be taken after closing above 396. Targets in the stock will be 412 and 423. The long-term target in the stock will be 443 and 461. Stop loss in the stock should be maintained at Closing below 335. 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:AWLLong
by Happy_Candles_Investment
Anupam Rasayan Rising after forming a bottom.Anupam Rasayan India Ltd. is one of the leading companies in India engaged in the custom synthesis and manufacturing of specialty chemicals. It has two distinct business segments that manufacture life science related specialty chemicals including products related to agrochemicals, personal care and pharmaceuticals, and other specialty chemicals, including specialty pigment and dyes, and polymer additives. Anupam Rasayan India Ltd CMP is 940.45. The Negative aspects of the company are High Valuation (P.E. = 69.2), FIIs are decreasing stake, High promoter pledge. The company's Positive aspects are No debt, MFs are increasing stake, improving annual net profit, improving cash from operations annual, Promoter holding increasing. Entry for paper trading can be taken after closing above 945. Targets in the stock will be 970 and 1004. The long-term target in the stock will be 1020 and 1060. Stop loss in the stock should be maintained at Closing below 878. 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:ANURASLong
by Happy_Candles_Investment
ELI LILLY Is a -20% correction possible?Eli Lilly (LLY) gave us the best possible buy entry at the bottom of the Channel Up last time we gave a call on it (December 14 2023, see chart below) and not hit our $705.00 Target but also aggressively broke above the pattern: In order to grasp the magnitude of that move, this time we zoom out on the 1W time-frame where we see the long-term pattern since LLY's parabolic move started, in mid 2018 following 3 years of consolidation. The pattern that emerged since is a 6-year logarithmic Channel Up, which since 2023 has gone extremely parabolic. The key characteristic on this long-term price action is the unique pattern that the 1W MACD forms, a Bearish Cross followed by a Bullish Cross. Four such occurrences since 2018 have caused the stock to form a Higher High top at a minimum 2 weeks and maximum 10 weeks after the Bullish Cross. Currently we are on the 3rd week since the latest 1W MACD Bullish Cross and if it extends to 10 weeks, we can technically expect the new top by April 08 2024. However, the 1st red 1W candle following the Bullish Cross on those 4 past occurrences has always been the top, or near it. Given the fact that LLY is so close to the top of the 6-year Channel Up, we can expect that a correction will start soon. The minimum correction has been -17.44% and the maximum -23.23% (2 occasions out of the 4). Also before a new long-term rally started, the price hit the 1W MA50 (blue trend-line). Long-term investors can wait for such a contact before buying again heavily Eli Lilly for a new 12-month run. ------------------------------------------------------------------------------- ** 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
EMAMI LTD SWING TRADE FOR COMING 3-6 MONTHS1.Bullish Chart Pattern is Forming on Higher TF of Weekly & Monthly 2. Kind Of H&S Pattern is getting structured 3. Currently Trading at Monthly Demand Zone of 450-460 4. Filled a gap on Daily TF 5. Bullish Engulfing on Daily TF with Heavy Volume 6. Fundamentals and company business is intact and showing growth consistently with Profits 7. Share Holding Pattern is also strong among big players & Institutions. Buy @ 460-465 Stop Loss - 445 Target- 1st- 600 2nd- 700 & 3rd & Final- 900 View Holding For Next 3-9 Months
NSE:EMAMILTDLong
by Wealthy_Vikish
3
RIVIAN Is this earnings slump a buy opportunity in disguise?Rivian Automotive (RIVN) missed earnings by $0.01 and that is expected to put extreme pressure on the stock price on the short-term. However, are those short-term tensions a buy opportunity in disguise? Well for the long-term, Rivian remains within our technical model as every significant correction since the start of 2023 has been within the -47% and -48% range. That gives a floor price of $12.75, with only weekly closings below it being potentially dangerous for disrupting the long-term outlook. An oversold 1D RSI (at or below 30.00) is a technical buy entry and there are two bullish scenarios unfolding for Rivian one on the short and one on the medium-term. The short-term scenario includes a +62.74% like the November 10 2023 - December 20 2023 rebound, with a $21.00 Target, which would make a 1W MA100 (yellow trend-line) test. The medium-term scenario is modelled out of the April 26 2023 - July 27 2023 rise which rallied by +142.79% to the 1.382 Fibonacci extension. A repeat of that gives us a 2nd Target at $31.00. ------------------------------------------------------------------------------- ** 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:RIVN
by TradingShot
GOOGL: Gap-Filling Strategy with Exciting 6% Upside Potential !Hi Realistic Traders, let's delve into the technical analysis of NASDAQ:GOOGL On January 31, 2024, Alphabet's stock exhibited a gap down in after-hours trading subsequent to the disclosure of lower-than-anticipated ad revenue. Following this, the stock stabilized its descent, finding support at both the bullish trendline and the EMA90 line, indicating a possible rebound in this zone. Furthermore, a bullish hammer pattern emerged, accompanied by elevated trading volume. These technical indicators commonly suggest a potential upward movement, either to close the gap or reach the predefined target area. It is essential to note that the analysis will no longer hold validity once the target/support area is reached. Disclaimer: "Please note that this analysis is solely for educational purposes and should not be considered a recommendation to take a long or short position on GOOGL." Please support the channel by engaging with the content, using the rocket button, and sharing your opinions in the comments below!
NASDAQ:GOOGLLong
by financialfreedomgoals101
6
Marico might mend the trend..Marico Ltd. Is manufactures and markets products under the brands such as Parachute, Parachute Advansed, Nihar, Nihar Naturals, Saffola, Hair & Care, Revive, Mediker, Livon, Set-wet, etc. Marico’s products reach its consumers through retail outlets serviced by Marico’s distribution network comprising regional offices, carrying & forwarding agents, redistribution centers & distributors spread all over India. Marico Ltd CMP is 536.20. The Negative aspects of the company are High Valuation (P.E. = 47.4), FIIs are decreasing stake, Promoter Holding decreasing. The company's Positive aspects MFs are increasing stake, improving annual net profit, Improving cash from operations annual. Entry can be taken after closing above 537. Targets in the stock will be 554 and 563. The long-term target in the stock will be 575 and 592. Stop loss in the stock should be maintained at Closing below 508. 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:MARICOLong
by Happy_Candles_Investment
AMAZON -15% dip possible. Take advantage of it.It has been 3 months (Nov 17 2023, see chart below) since our last buy trade on Amazon (AMZN), which hit both Targets: February opened with a big gap upwards and the stock has been consolidating ever since. This consolidation, along with the completion of a 1D MACD Bearish Cross last week, is indicative of a top formation. In fact it is similar with the starting sequence of the last Higher High (September 14 2023) of the 1-year Channel Up. The first pull-back/ technical correction of this pattern was a -22.61% decline and the second -18.83%. If the corrections are on a -4% progression, we can assume a -14.60% decline this time. That falls marginally below the 0.382 Fibonacci retracement level (assuming the 2.0 Fib extension from the October 26 2023 bottom will be the peak). As a result, we are expecting $155.00 as a fair pull-back currently and buy entry for the long-term. A break below the 1D MA50 (blue trend-line), will be the technical confirmation of the sell signal. ------------------------------------------------------------------------------- ** 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:AMZNShort
by TradingShot
1
Coinbase could rise above 200Following the low at the beginning of 2023, NASDAQ:COIN began to rise in a notably constructive manner, eventually reaching a peak at 186. Subsequently, a typical correction ensued, and presently, the stock is trading precisely at the former resistance level of the long-term consolidation phase. In my view, this presents a favorable buying opportunity, with a strong likelihood of a reversal and an upward move surpassing 200 in the medium to long term.
NASDAQ:COINLong
by Mihai_Iacob
1
Lithium stocks extremely oversold on weekly and Has bullish DivsLithium stocks in extreme oversold spots right now, these stocks like "LAC" in my opinion is very good long-term hold with at least 400% - 560% gains in upcoming year or two. You rarely see anything as cheap as this, possible we will never see these lows again in our life times. When stocks like TSLA and other Electronics will rise Lithium stocks will skyrocket. I expect the bigger moves begin when the weather will start to get warmer as of now the EVs having trouble with their batteries dying because of the cold, this will issue will disapear in big part of the world at spring. ------------- "Lithium" is a chemical element known for its use in rechargeable batteries, particularly in electric vehicles (EVs) and electronics. Its high energy density and lightweight properties make it crucial for the advancement of battery technology. ------------ Investing in lithium stocks at extreme lows could be worthwhile for several reasons: Long-term Growth Potential: The demand for lithium is expected to surge as the shift towards clean energy and electric vehicles accelerates. This long-term growth potential could make lithium stocks attractive at low prices. Supply and Demand Dynamics: Despite fluctuations, there's a general consensus that the demand for lithium will outpace supply in the coming years. This could drive prices up and benefit companies involved in lithium production and exploration. Diversification: Including lithium stocks in a diversified investment portfolio can offer exposure to the rapidly growing electric vehicle market and the broader renewable energy sector. Technological Advancements: Ongoing research and technological advancements in battery technology could further increase the demand for lithium, potentially benefiting lithium producers and related stocks.
NYSE:LACLong
by Achilly
2
BMRI: Hidden Bullish Divergence, New All-Time High Soon?Hello Fellow Stock Traders, Here's a Technical Analysis of BMRI! After successfully overcoming a significant resistance area, BMRI (Bank Mandiri) experienced a subsequent pullback, thereby establishing a new support level. Analyzing the trend perspective, it is observed that BMRI's price movement surged above the EMA 34 Line, which is a promising indicator of a bullish trend. Additionally, the stock has formed a symmetrical triangle pattern, accompanied by an impulsive breakout represented by a bullish candlestick formation. Such patterns typically imply potential upward momentum and are considered positive signs for further price appreciation. Furthermore, the MACD (Moving Average Convergence Divergence) indicator has displayed a hidden bullish divergence, indicating the possibility of the ongoing bullish trend extending further. In summary, the technical analysis of BMRI reveals multiple favorable factors, including the breach of a substantial resistance area, a bullish trend indicated by the EMA 34 Line, a symmetrical triangle pattern breakout, and the hidden bullish divergence on the MACD. Traders and investors may interpret these signals as potential indications of an upward continuation in BMRI's price movements. As always, prudent risk management practices should be employed before making any investment decisions. It is essential to note that the analysis will no longer hold validity once the target/support area is reached. Please support the channel by engaging with the content, using the rocket button, and sharing your opinions in the comments below! Disclaimer: Please note that this analysis is solely for educational purposes and should not be considered as a recommendation to take a long or short position on IDX:BMRI .
IDX:BMRILong
by financialfreedomgoals101
Tube investment co can be smart investment Tube Investment of Investment Ltd. is one of India’s leading manufacturers of a wide range of products for major industries such as Automotive, Railway, Construction, Mining, Agriculture, etc. The Company’s 3 main verticals are Engineering, Metal Formed Products and Bicycles. In line with its growth strategies, the Company has forayed into TMT bars and Truck Body Building business and is additionally exploring opportunities in optic lens and other vision systems for the Auto industry. Tube Investment Of Investment Ltd CMP is 3657.75. The Negative aspects of the company are High Valuation (P.E. = 53.5), FIIs are decreasing stake, Promoter Holding decreasing. The positive aspects of the company are No debt, Zero promoter pledge, MFs are increasing stake, Improving annual net profit, Improving cash from operations annual. Entry can be taken after closing above 3678. Targets in the stock will be 3827 and 3955. The long-term target in the stock will be 4127. Stop loss in the stock should be maintained at Closing below 3437. 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:TIINDIALong
by Happy_Candles_Investment
Suven pharma can shine if it gets past the next resistance Suven Pharmaceuticals Ltd. is a bio-pharmaceutical company, incorporated on 6th November, 2018 and is engaged in the business of development and manufacturing of New Chemical Entity (NCE) based Intermediates, Active Pharmaceutical Ingredients (API), Speciality Chemicals and formulated drugs under contract research and manufacturing services for global pharmaceutical, biotechnology and chemical companies. Suven Pharmaceuticals Ltd CMP is 669.65. The Negative aspects of the company are High Valuation (P.E. = 46), Declining annual net profit. The company's Positive aspects No debt, zero promoter pledge, FIIs are increasing stake, MFs are increasing stake, Improving cash from operations annual. Entry can be taken after closing above 678. Targets in the stock will be 698 and 719. The long-term target in the stock will be 742 and 768. Stop loss in the stock should be maintained at Closing below 590. 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:SUVENPHARLong
by Happy_Candles_Investment
NVDIA targeting $1150 before a correction.Arguably one of the hottest (if not the hottest) stock in 2023 has been NVDIA Corporation (NVDA), currently sitting at roughly + 570% from its October 2022 market bottom. Our December 18 2023 long (see chart below) hit its target, with the price even soaring higher: The question is, will it keep rising or finally give way to a proper correction or at best consolidation? Based on the vastly overbought 1W RSI (84.00), we are approaching levels of May 2022, which gave way to July's consolidation. That consolidation however (July - December 2023) is identical to those of September 2020 - March 2021 and January - April 2017. All three consolidation phases took place in the middle of a Channel Up, broke below the 1D MA100 (red trend-line) but found Support and rebounded on the 1W MA50 (blue trend-line). Note that between all Channel Up patterns a strong correction took place that reached as low as the 1W MA200 (orange trend-line). The correction phase was confirmed only after the price broke below the 1W MA50. As a result, as long as the 1D MA100 holds and closes all 1W candles above it (or at worst the 1W MA50), we expect NVDIA to hit at least $1150, which would represent a rise marginally below +207.00% from the consolidation's bottom. As you can see on the chart, the previous 2 Channel Up patterns, peaked on the same % range (+207% and +210%) from their respective consolidations. ------------------------------------------------------------------------------- ** 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:NVDALong
by TradingShot
3