Reasons for bullish bias: - descending channel breakout on weekly - Entry is at breakout of HH on daily - DOW theory, SL at last HL Entry Level(CMP): 33.31 Stop Loss Level: 29.65 Take Profit Level 1: 36.97
Loving the momentum in the market these days. Only if you know how to catch the big moves. I believe bigger moves are coming from Monday onwards. Within NIFTY and BankNifty, I feel BankNifty trades will make the bigger money. Are you prepared? Whats your strategy for the recent volatility? Share your thoughts.
Details are explained in the chart. 1) Stock is in strong uptrend 2) Stock has given a daily breakout of 2 years of consolidation 3) Stock broke out of out of cup and handle pattern 4) Narrow Range Pivots in yearly & Monthly.
MSFT is one of the few tech stocks which trades close to all-time highs, seemingly oblivious to the brutal valuation reset that swept through the sector In the most recent quarter, MSFT delivered strong results when factoring in the tough macro environment. MSFT grew revenues by 7% (10% constant currency) and earnings per share by 10% (14% constant currency) -...
Reasons for bullish bias: - Price bounced from support - Entry is at breakout of HH - DOW theory, SL at last HL Entry Level (CMP): 244.95 Stop Loss Level: 222.23 Take Profit Level 1: 267.67 Take Profit Level 2: 290.39
After consolidating for a good amount of time after a strong uptrend, the stock is ready to break out. The support on EMA is intact and the volume push supports the break out. Looks good for a short term trade Entry - Above 1716 SL - Below 1627 Target - 2000+
1) Stock is in uptrend in Monthly , weekly. 2) The trendline that connects highs of 2007,2010,2021,2024 are about to be broken on the upside - Price confirmation indicates the same. 3) Weekly Price shows Morning star reversal. Note : This stock has not participated in the bull rally of 2023. Entry - Anywhere between 122-135. I see aggressive entries can be...
Everybody loves momentum. Why not? Momentum is the best friend of every trader. I always wanted to find and catch the beginning of a confirmed trend. It's unbelievable it is happening in real life. Education and skills acquisition is the key to continued growth in any field. This especially holds true in the highly risky terrain called Trading. A lot of stocks...
RCF BUY VIEW TRADE REASON : 1)MONTHLY - Uptrend Correction Completed 2)DAY - Trend Reversal Entry - 147.50 Rs Target - 180.95 Rs Stoploss - 118.40 Rs Happy Trading .
1) Stock is reversing from a 6 weeks old consolidation at a major weekly support - Previous low. 2) Stock is in uptrend 3) Daily is showing Bullish RSI Divergence. 4) Daily Price indicates compression Breakout as well. My entry - 350 Target - 400 SL - 325 RR - 1:2
The stock has been in an up trend. It has broken its all time high in 2021 and in good consolidation for 2 years and broken out of consolidation now. It has broken out of a bullish flag and pole pattern / falling channel pattern in a 3 M timeframe. One may also consider this for a swing opportunity , RSI intact in all time frames. Weekly price action shows,...
Guys, it seems Marine Electricals getting ready for Super Performance soon. VCP Pattern - 14W-16/7-3 followed by STRONG Order Book both domestic & abroad suggests its a good Techno Funda pick
BEML BUY VIEW Trade Reasons : Weekly Support - 2800 Fib Level - 0.618 - Golden Ratio Day Trend Reversal Confirmed .. Entry - 3115 Target - 3826 Stoploss - 2700 Thank you ..
While Jeff Bezos, fiancée Lauren Sánchez have star studded engagement party on his $500M yacht Amazon has just reported its Q2 2023 earnings result, EPS of 65 cents is not comparable on YoY basis nor to consensus due to the company booking some gains related to its Rivian Automotive, Inc (RIVN) investment. Revenue of $134.3 billion beat consensus by about 2% while...
Company has reduced debt. Company is almost debt free. Company has delivered good profit growth of 28.0% CAGR over last 5 years Company has been maintaining a healthy dividend payout of 39.8% Strengths: Established market position and strong distribution network: D-Link is the market leader in switches and wireless local area network (WLAN)...
Is TakeTwo Interactive Software Fairly Valued? We use what is known as a 2 stage model, which simply means we have two different periods of growth rates for the company's cash flows. Generally the first stage is higher growth, and the second stage is a lower growth phase. To begin with, we have to get estimates of the next ten years of cash flows. Where possible...
The next Nintendo console might arrive in 2024 Nintendo has reportedly demonstrated the Nintendo Switch 2 behind closed doors at Gamescom last month.some trusted developers got an early look at the Switch 2 and some tech demos of how games run on the unannounced system. There was reportedly a demo of an improved version of Zelda: Breath of the Wild that’s...
Linde, Timeless Excellence Linde is a timeless business with even better stability than other basic materials businesses. The company works in gases and has a near-unbroken EPS growth record of 8% annually Linde is a market leader, and if you invest in the company, you're investing in the world's largest company for industrial gases. The company was originally a...