Rising Wedge

KOTAK BANK - A Value Buying Pick for Long Term Investors?Symbol - KOTAKBANK CMP - 1755 Kotak Mahindra Bank is a diversified financial services group providing a wide range of banking and financial services including Retail Banking, Treasury and Corporate Banking, Investment Banking, Stock Broking, Vehicle Finance, Advisory services, Asset Management, Life Insurance and General Insurance. This is one among India's top banks. Currently trading at lowest valuation in last 10 years which makes it a great value buying pick at current levels. Stock has

by akshit_official

South India Bank 26.90 - 30%-40% return in short term South India bank is fundamentally strong stock. Revenue has increased over the period and also the profits. Institutional investors are eyeing on this stock and coming days might witness sudden move in price. if any big institution or securities broker recommends the stock than i would wait for 15days and buy it later. Target of Rs 32 - 33

Avanti Feeds looks good for investment Reasons why Avanti Feed looks like a good investment 1) Great QoQ performance in 2023 2) Negative investing cash flows suggest the company investing for future growth 3) Improvements on the balance sheet, such as an increase in Fixed Assets, CWIP, and Investments 4) Debt-to-Equity ratio is close to 0 5) Close to its mean value and potential to deviate positively 6) Performed better than its peers, has been able to restrict its downside and hence show more strength This is just an investment

by inteliigentrader

India Cements: 16-Year Breakout and Strong Technical Momentum Here is the multiyear breakout for NSE:INDIACEM Technical: Massive 16-year breakout Strong rally High volume / above-average volume spike NSE:INDIACEM Fundamentals: Impressive gross profit margins Prominent player in the construction industry Liquid assets exceed any obligations Conclusion: India Cements is a strong buy due to its significant long-term breakout, solid technical momentum, and robust fundamentals. The stock's impressive gross profit margin

by hrishikeshrahalkar

SENCO - POST 20% CORRECTION, PA MIGHT REVERSE FRM BOTTOM CHANNEL Hi All, This idea is about Senco Gold Ltd The stock has corrected over 20% in this month alone & now have reached the lower channel of rising wedge formation. Volumes have dried up indicating the supply may have exhausted & Price action might soon reverse from this point Stock can be bought if it gives a closing above 980 for further targets of T1 1010, T2 1070, T3 1150. If the stock shows further downside then the support levels are S1 916, S2 864 The correction is due to poor quaterly re

by Stock-n-Shine

All Cargo Terminals LTD 51.20, ATL - Stock to buy Stock is trading around its support level. if company gives good quarter one results we might see stock move upside. its good buying opportunity. one can make 10 to 15 % profit in short period. i prefer you buy on long term perspective for better return.

Ujjivan Small Fin 19/07/24 - Buying opportunity There has been 30% correction in the stock price from (63 to 44). Stock has the potential to move upwards in coming days and would give good returns. Short term target upside target 48, 52 stop loss 43 Long Term Target upside target 57, 68 Strong buy signal in charts, good opportunity to make 20 to 30 percent profit.

Adaniport Looks good for the swing trading. Rising Wedge pattern. Bottom trendline support is taken, we can see some upmove till the 1520-1540.

by isagar_chauhan_

BALMER LAWRIE LOOKS GOOD FOR A SWING Balmer Lawrie & Company Ltd is engaged in the business of Industrial Packaging, Greases & Lubricants with solid fundamentals listed below ROCE 15.6 % ROE 14.7 % HIGHEST EVER PROFITS and SALES TECHNICALS - The stock in past has formed various small patterns and respected them very well majorly cup and handle and inverse head and shoulder which lead to an unprecedented rally in the stock however in the recent period the stock has been in consolidation phase lately and a small rounding bottom

by keshavmaharaj958

Nifty Reaches 24,500 Target: Elliott Wave Analysis Disclaimer: ------------------------ Trading in financial markets involves substantial risks. Consult your financial advisor before making decisions. This commentary is not a solicitation to buy or sell. WaveTalks - Market Whispers: Can you hear them? ---------------------------------------------------------------------------------------------- General Election 2024: Impact on Nifty The 2024 General Election resulted in a clear victory for the existing NDA government, with Prime Minis

SUNDARAM FINANCE - RISING WEDGE SINCE AN YR Hi All, This idea is about Sundaram Finance Holding Fundamentals Market Cap - 6k Cr Mkt Cap/Sales - 20.9 ROE - 12% P/BV - 1.27 Div Yield - 2.81% Technicals Price action has been in a rising wedge pattern since Jul 23 & currently consolidating at the bottom of channel for past few days. It can give a upmove of nearly 25% in very short term. Traders can take positional trades to capture the move. There is a small resistance for which traders need to be careful. Price reverted twice from

by Stock-n-Shine

AMBALALSA - MONTHLY BREAKOUT WITH TURNAROUND POTENTIAL Hi Friends, Today I'll like to share a very interesting company Ambalal Sarabhai Enterprises Ltd Fundamentals: MCap - 548Cr Mcap/Sales - 3.16 Promoter Holding - 30.8% PE - 96 On the onset, everything looks bad about this company except PRICE ACTION & FY23 AR (Especially Director's Report) Some Key factors in the report - Strategy of moving business to focussed subsidiaries has been successful - Asence Pharma has started a new Oncology and Synthetic API plant - Synbiotics is manufacturing

by Stock-n-Shine

Multi Year Break out with Retracement at BPCL (Long Term)Long Term: BUY : 295-300 Target 1: 340-345 Ratio :1:2 stop loss:275-280 Purely based on multi year break out potential stock which giving decent dividend. Breakout with good volume and retracement done tested the resistance level now resistance acting as a support.

by thisisarunprasath

Long I feel it's going up only in long run 595 will break hurdles for upside Tgt 670, 780,865, 941 Duration can be long but it's good for long ...for education purpose only Not sebi registered

ASHIMA - TEXTILE COMPANY ATTEMPTING MULTIYEAR BREAKOUT Great Fundamentals for this quarter PE of only 6.85, EPS rise from 0.18 to 5 QoQ Huge Volume support Greater than 70% promoter stake

by Stock-n-Shine

FROG CELLSAT - WEEKLY BREAKOUT Breakout from a weekly pattern Faced resistance at the same level multiple times & price action reverted Good tailwinds in 5G networks for mobile communication

by Stock-n-Shine

DBRealty-A chance to have quick multibagger returns!DBRealty had given a multiyear monthly breakout and had given around 50% move already. However, stock is now retesting the breakout and might come down in range of 150-180. Safe traders can wait for a reversal pattern like morning star or bullish harami in this zone. Such a monthly breakout had happened in Purvankara which doubled in 3 months As realty sector is vastly outperforming, one can expect similar move from this stock as well. which has also posted decent Q4 results.(Not trustworthy th

by chartistamey

Shalimar Paints Trend Reversal Breakout Shalimar Paints currently trading near 50 EMA. Fibonacci support levels. Has a potential to move towards 210 soon. Production capacity is set to increase approx 3x. Long term target of 450 in 3years

by Aishwarya_Jain

bajaj holdings & investments consolidating buying opportunity ->bajaj holdings conatins bajaj finserv,baja auto ,bajaj finance (results on jan 20 2020)where everything hit all time high ->but bajaj holdings still trading below precovid levels still lacking 25% from precovid level of 3900, ->& results are there on jan 21 ,and bajaj finserv might also get banking license mostly the event is expected by jan15, ->if we look at valuations usually any holdings company will trade at 60% of their ture value, even factoring that bajaj holdings should trade at 500

by techno_funda_guy

Affle 𝗕𝗿𝗲𝗮𝗸𝗼𝘂𝘁 𝘀𝘁𝗼𝗰𝗸𝘀 𝘁𝗼 𝘄𝗮𝘁𝗰𝗵 𝟰. 𝗔𝗙𝗙𝗟𝗘 Timeframe: week

by TradingBanker

AISL - SME STOCK LONG BREAKOUT (SALES > MKTCAP) Hi All, This idea is about ANI Integrated Services Ltd Fundamentals Mkt Cap - 134 Cr Sales - 188 Cr Mkt Cap /Sales - 0.72 EPS - 5.84 ROE - 11.4% ROCE - 13.7% D/E - 0.46 Sales has exceeded Mkt Cap which could mean Stock Price can rise exponentially Technicals Price has broken a long resistance of 75-80 levels and then broken next resistance zone as well. It has diverged a lot from Moving Averages so recommend buy at pull back There has been a consistent uptrend in Sales which is a very po

by Stock-n-Shine

MGL-Retesting of multiyear ATH breakout MGL is a PSU stock in gas distribution. Stock had given good move after multiyear ATH breakout and is currently retesting the breakout. A safe stock for long term investors available at reasonable valuations.(Not a recommendation) The only risk with gas distribution stocks are margins are dependant on crude oil prices.

by chartistamey

Strong Partnership And Technicals Will Boost The Stock Prices ✅ Tata Technologies is trading within a descending channel and nearing strong support levels around INR 980. A breakout above the upper resistance line at INR 1,040 could signal a trend reversal and a potential rally towards INR 1,200. ✅ Recently, Tata Technologies reported a net profit increase of 6.1% sequentially for Q3 FY24, reaching INR 170.2 crore. The company also secured four major automotive deals, including a $50 million contract, showcasing its strength in the automotive engineering

Anupam Rasayan near Technical Support, needs strong fundamental Will be good only if Upgrades on the fundamental side. Canbe added only for minimum 3 years.

by Aishwarya_Jain