SPELS Semiconductor is one of the first stock in India venturing into the Semi-Conductor space and with the recent push for Make-in-India scheme and the Growing demand of Semi-Conductor worldwide + the Anti-China policy (China+1) adopted by many countries, India has become a Favourite Hotspot for Semi-conductor manufacturing Let's look at the Technicals of...
Wardwizard Innovations & Mobility Limited is a publicly-held electric vehicle manufacturing company based in India. It is engaged in manufacturing eco-friendly electric scooters and vehicles. It operates in the electric vehicle manufacturing sector in multiple countries, including India, Uganda, and Nepal IPO began in 2015 with the initial price around Rs. 2 -...
Tigerlogistics - A Small Cap company (having a market cap of Rs 833.27 Crore) operating in Logistics sector. The initial call on Tiger Logistics was given around 440. Today it surpassed 866 levels in Intraday resulting in a gain of nearly 97% Technicals: 1) On Monthly - The Rally on Tiger started with a Cup and Handle BO above 290 levels. Further to this, it...
The Chemical Sector was looking Super Bullish when compared to the Nifty 50. Many Chemical stocks were hitting Sky high last week. Pondy Oxides & Chemicals is a Multi-bagger stock which already gave me more than 2x-3x returns last year. I booked my profits and after brief gap I re-entered the stock again in Q3/Q4 2023 and now it has given me 55% returns so...
On Dec 20 - almost 10+ sectors in Nifty faced their individual resistances together - which " Triggered " a coordinated sell-off. I once again say the word - Trigger because FIIs and DIIs just kick started a sell-off and Retailer investors fell into the trap when they saw all their stocks across sectors started falling together. Just panic selling. At the end...
Nifty 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...
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...
With Indian Government set to replace 800K Diesel Buses to EV by 2030, there is strong Focus and Growth potential on Companies manufacturing EV Related Chemicals Let review each EV Chemical sector companies 1) Himadri Speciality: Multi-Timeframe Analysis Monthly: Parallel Channel - Rounding Bottom BO done and nearing Target of 350+ Daily: After Rounding...
Yesterday after market close - we published chart of Nifty IT stating the IT Sector would snap the 5 day Fall and would bounce back today Reasons for IT bounce: Double Top neckline Support (not broken) 2 support lines from the Gap Up candle (one support at top of Gap and one at bottom) Good rejection seen from DT neckline + both ends of Gap - and price...
Time and again the stock market gets some knee jerk reaction from Investors based on some Hot News. But most news are shortlived and forgotten in forthcoming days. One such interesting counter is MMTC - A PSU Mineral Trading Company with 89% stake with Govt of India. Technical Analysis: Monthly - Inverted Head and Shoulder pattern indicating a...
You can see the Monthly charts of "Reliance Power" compared against "Reliance Infra". I am not calling them "Twins" just because its from same "Reliance Group" But I was flabbergasted to see the Exact Chart Structure - from Similar Timelines. Channel Breakdown - Recovery - Trading inside the Channel and now finally Breakout of Multiyear channel. Amazing Duo -...
Multi-baggers are identified in several ways - based on the Sector they operate, based on Management Conviction, Based on the product portfolio, Global Demand etc... But identifying a Multi-bagger from "Scrap" is extremely difficult, because by that time people would have made solid impressions that its a "Loser", "Worst Performer" etc... In the business of...
For the past couple of Weeks - Gold is falling in the International Market. We all know that Commercial 22k Gold needs Copper to make it stronger, but here we are seeing Copper Turning Gold by itself... Hindustan Copper is all set to rewrite history... Technical Analysis: Weekly: Beautiful Cup & Handle BO completed on Weekly with targets of 320, 370 Monthly:...
Inventure - A leading provider of investment advisory service and distributes financial products like mutual funds, insurance products, etc. The stock turned Multi-bagged when it multipled from 0.80 / Share to 6.75 / share in a matter of 22 months. Now - after a perfect 0.786 retracement on the Fibonacci scale - it is all set to beat its earlier bull run. Here...
What goes Up will come down, What goes down will Rise Up - This is Universal Law Abiding by this law - Reliance Capital - The once sunken stock - declared bankrupt - Resurrected by Hinduja Group (IndusInd International Holdings) which bought Reliance Capital for approx. 9,600 Crore. The effects of these actions are seen on the Charts clearly - The Phoenix Rising...
Solara Active Pharma: After the CEO of Solara resigned 1.5 years ago, the Company shares faced a major crash - retracing near 100% on Fib scale. A large Pyramid like structure was formed eventually Over the past few months - the price has started to strengthen the base taking support near the 290-300 zone which is one the Strongest support for the script A...
Elqi Equipment is a leading manufacturer of Compressor mainly for the Railways. Given the Focus & Investment on railway sector by govt of India - many railway themed stocks are flying. Elqi Equipment on Monthly is getting compressed in an Bullish Ascending Triangle formation. Its a Double Resistance - 1) Long Term Parallel Channel BO pending 2) Ascending...
With the massive investments infused by Govt of India on Railway Sector to the tune of 1lakh Crore - most of the Railway Themed stocks are flying like Bullet Train. Titagarh Rail Systems an Amazing Upward Parallel Channel on Monthly On Daily - Beautiful Box pattern BO followed by Ascending Triangle Formation Triangle BO pending above 1075 WCB for target...