Get started

Bullishmomentum

BALAXI Pharmaceutical LTD is Showing Good Strength Can be Held Company has a good return on equity (ROE) track record: 3 Years ROE 47.3%. Debtor days have improved from 71.3 to 56.7 days. Financial Performance Commentary 6 Revenue Higher contribution from the pharmaceuticals business led to y-o-y growth of 20% in revenues for FY23 compared to FY22. The share of LATAM markets increased to 40% of pharmaceutical revenues, highlighting our ability to quickly expand geographical presence. Key contributions to growth came from recently launched operations in markets like Honduras and El Salvador that are showing stronger demand for our products apart from substantial growth in Guatemala and Dominican Republic. Our pharma business in Angola continues to generate strong cash flows that are being re-invested for expanding into new markets EBITDA During the year, operating EBITDA stood at Rs. 59.17 crore, a growth of 7.2% y-o-y. This was on account of increasing contribution from LATAM markets and expansion into newer geographies. EBITDA margin has declined by over 200 bps to 17.6% in FY23 - however, going forward with contribution from the newly entered market rising, there should be a steady rise in our margins Profit After Tax and EPS During the year, Profit After Tax stood at Rs. 45.96 crore. Earnings per Share (EPS) for the year was recorded at Rs. 45.81 compared to Rs. 47.66 in the previous year.
NSE:BALAXILong
by iism-ExpertTrading
4
Upwork a calm before the storm? Will we have a massive Bull run?Hi guys! This is a Macro analysis on Upwork (UPWK). Macro meaning larger timeframe aka the 1 week in this instance. Alot of stocks are down fromt heir previous tops. Which means potentials for longterm gains for many names are possible. I try to make sense if things have the technical signs to buy or not. For UPWK -> some interesting signs were observed. It was observed in comparison to previous patterns seen in the price action and indicators. Note however, past data does not reflect certainty. It does not need to repeat as is. But again the resemblance is in your face! And it is something to keep in our minds. Starting with price. Notice the "Major Resistance" black trendline. Price has been historically above it or below it with major moves seen. Above it = Massive Bull Run Below it = Downtrends followed by consolidation. Being relatively new public company, we only have 1 data point to use. Now notice the previous green box marked. Red trendline shows the downtrend in price, followed by a black trendline that highlights the beginning of the uptrend before massive bull run. Before we get ABOVE the "Major Resistance" trendline, we consolidate for a period of time in the orange rectangle. That then catapults prices significantly higher. Notice Volume is seen to spike as well. Also notice the indicators added: STOCH RSI during price actions time inside the orange rectangle (consolidation) moves down. As soon as it crosses Bullish, prices shoot out of the consolidation zone and above the Major Resistance. Notice too the MACD, the pattern here is that it stalls here becoming almost flat, with histogram bars turning light green, as it turns Dark Green and Blue line curves up, this signals the price to shoot out of consolidation, moving above "Major Resistance". Fast forward to our current data. We are repeating almost to the tee, the same pattern. Will it be the same? Or will we be rejected? Well, we need 3 signs to occur. STOCH RSI must cross BULLISH (Blue line above orange line) MACD needs Dark Green bar print with increasing size and Blue line to Curve UP VOLUME Must start to increase/ spike Without these 3 signals it is more likely we get rejected here! Another thing to observe is the consolidation or rectangle pattern. Remember its never a good idea to trade within any chart pattern. A confirmed break above will determine uptrend. A confirmed break down will cause rejection. Very important to continue to observe UPWK. Ill be sure to update as things become clearer! __________________________________________________________________________________ Thank you for taking the time to read my analysis. Hope it helped keep you informed. Please do support my ideas by boosting, following me and commenting. Thanks again. Stay tuned for more updates on HOOD in the near future. If you have any questions, do reach out. Thank you again. DISCLAIMER: This is not financial advice, i am not a financial advisor. The thoughts expressed in the posts are my opinion and for educational purposes. Do not use my ideas for the basis of your trading strategy, make sure to work out your own strategy and when trading always spend majority of your time on risk management strategy.
NASDAQ:UPWK
by SafofAllTrades
8
DON'T FALL FOR IT!! Can you tell me what's next?Every #Bitcoin consolidation since the bottom has had 3 things in common... 1. Each time, it has created a "retail" pattern, such as a wedge. 2. The pattern seemed to #breakout (signaling traders to go long and becoming trapped), only to realize the move as a #fake-out back into the pattern. 3. Then, there seems to be a continuation to the breakdown of the pattern (liquidating late longs and signal traders to go short and becoming trapped), only to deviate back into the pattern just before a massive move to the upside (liquidating the late shorts). This false move to the downside, so far, has also always correlated to the bottoming of the #StochasticRSI. The market makers want your bags and this is how they get them. ------ Tell me what comes next... 😏
COINBASE:BTCUSDLong
by DoozerInvest
Unfolding Waves in Chambal Fertilisers: Bullish Path AheadAn analysis of Chambal Fertilizers using Elliott Waves, we can observe an interesting progression in the stock's price movements on a weekly cycle. The chart has completed the initial waves I through IV, and it is currently unfolding wave V, signaling a strong potential for a bullish trend ahead. Let's delve deeper into the details of this wave analysis. Weekly Cycle Wave V: We are observing the unfolding of wave V on the weekly cycle. This wave is showing potential for further upside as the stock completes its final wave in the longer timeframe. Subdivision of Wave V: Within wave V, the stock has already completed waves (1) and (2), and it is now unfolding wave (3). Wave (3) of Wave V Progression within Wave (3): In the ongoing wave (3) of V, we've seen waves 1 through 4 completed, and the current focus is on wave 5 of (3). Hourly Timeframe Progression within Wave 5 of (3) of V: In this specific timeframe, wave 5 has already seen the completion of sub-waves ((i)), ((ii)), ((iii)), and nearly all of wave ((iv)). This suggests we are likely at the end of wave ((iv)), poised for wave ((v)). Elliott Waves Fundamentals Wave Counts: The stock's progression through each wave provides valuable insights into potential market behavior. The typical characteristics of an impulsive wave, as seen in the unfolding of wave V, include strong, directional movements, which are followed by corrective waves. It’s essential to apply appropriate risk management techniques, such as setting stop losses, to mitigate potential downsides. Be cautious in managing your exposure and avoid over-leveraging. This analysis is purely for educational purposes and should not be taken as investment advice. Always conduct your own research and consult a financial professional before making any investment decisions. Remember, market conditions can change rapidly, and past performance does not guarantee future results. This analysis aims to provide an overview of the potential trajectory of Chambal Fertilisers based on Elliott Waves. It's always important to stay vigilant and adjust your approach as new information becomes available. Happy trading! I am not Sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses. Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Hope this post is helpful to community Thanks RK💕 Disclaimer and Risk Warning. The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Charts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Charts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
NSE:CHAMBLFERTLong
by RK_Chaarts
1
#SARDAENProduct Portfolio The Co. offers a wide range of products that include Wires Rods, HB Wires, Ferro Alloys, Pellets, Sponge Iron, and Billets. Ongoing Capex Projects Minerals: 1 Gare Palma IV/7 Coal Mine Chhattisgarh: Capacity enhanced from 1.2 MTPA to 1.44 MTPA in May-23, and increasing further to 1.68 MTPA in FY24 and seeking approvals for enhancement to 5.2 MTPA which will be carried out in phases. Also, setting up dedicated Railway Siding for more efficient coal transportation. 2 Coal Washery: Capacity expansion from 0.96 MTPA to 1.8 MTPA is under process. 3 Shahpur West Coal Mine : Extractable reserves of 13.4 MT and Production capacity of 0.6 MTPA – EC, CTE and Stage 1 Forest clearance received. 4 Surjagad 1 unexplored Iron Ore Block in Maharashtra: Declared as Preferred Bidder with 126.35% revenue share in May-23. Energy 1 Hydro Power: 24.9 MW plant on the Rehar river in Chhattisgarh - construction has started; Expected to achieve CoD in FY25. 2 Solar Power: 50 MW plant to be installed at Chhattisgarh facility for captive consumption, replacing costly grid power; Contract awarded Steel : 1 Wire Rod Mill: Received consent for capacity expansion from 180,000 MT to 250,000 MT, in FY23. 2 Iron Ore Pellet Plant: Received consent for capacity expansion from 8,00,000 tonnes p.a to 9,00,000 tonnes p.a., on 22-Dec-23. Waste : 1 Setting up a new project for manufacturing Mineral Fibre with an estimated outlay of Rs. 70 Crores. The project is expected to be operational by FY25.
NSE:SARDAENLong
by iism-ExpertTrading
#MANGLMCEMPositive factors Improving scale of operation leading to increase in total operating income (to greater than ₹2,000 crore) and profitability (profit before interest, lease rentals, depreciation and tax (PBILDT) margin greater than 18%) on a sustained basis Improving capital structure (overall gearing less than 0.5x) and debt protection metrics (PBILDT interest coverage greater than 5.0x) on a sustained basis Negative factors Lower-than-envisaged profitability leading to decline in PBILDT interest coverage going below 2.00x on sustained basis Large-scale debt-funded capital expenditure (capex) leading to deteriorating capital structure
NSE:MANGLMCEMLong
by iism-ExpertTrading
#NHPC Company has been maintaining a healthy dividend payout of 49.5% The company is actively engaged in the construction of 15 Solar and Hydro Power Projects of 10449 MW Capacity (including JV & Subsidiaries). Total projects under clearance stood at 4112 MW and projects under survey stood at 4110 MW as on Dec’23. MOUs Company has signed a MoU on 3 Jan 2024 with GPCL for proposed investment of Rs.4000 Cr in Kuppa Pumped Storage Project (750 MW), Chhota Udaipur, Gujarat. Company signed an MOU with Govt. of Odisha through GRIDCO Limited on 23 Jun 2023 for Development of Pumped Storage Projects and Renewable Energy in the State of Odisha. It signed an MOU on 23 Aug 2023 with APGENCO for Implementation of Pumped Hydro Storage Projects and Renewable Energy Projects under Joint Venture Mode in Andhra Pradesh. The MOU envisages Implementation of two Identified Pumped Hydro Storage Projects namely Kamlapadu- 950 MW and Yaganti 1000 MW PSPs in the first phase. Focus Being a hydro power company shifting its focus toward the renewable energy segment as well. Out of 10499 MW capacity under construction 1135 MW is for Solar power. It has recently signed a contract to develop additional 2000 MW solar power capacity in Rajasthan. About 9090 MW Solar power capacity is under Tender and pipeline including as a Intermediary Procurer.
NSE:NHPCLong
by iism-ExpertTrading
#Just Dial #JUSTDIAL Pan-India Presence The company has ~12000 employees in telesales, marketing, feet-on-street activities deployed across 250+ cities covering 11,000+ pincodes in India. It derives 70% of its revenues from top 11 cities including Mumbai, Ahmedabad, Hyderabad, Kolkata, Bengaluru, Chennai, Delhi, etc. Its technology and R&D division is located in Bengaluru Business Model Paid advertisers pay a fixed fee to run search led advertising campaigns for their businesses on Justdial’s platforms. Various premium & non-premium listing packages available which determine placements in search results. Add-on products such as banners, own website, JD Pay, JD Ratings, etc.
NSE:JUSTDIALLong
by iism-ExpertTrading
SHIBUSD need to rest LONG again laterShiba Inu has pushed quite hard. I can only think of sled dogs ona long marathon push over a sun prepared snow trail. The ride might be frictionless but nonetheless grueling and perhaps time for a rest. The chart shows the breakout and then extension above the VWAP lines that are trying to catch up. In proper risk management. I will take half the position off here and have it ready to add at least part of it back if the rest is a stable consolidation in the upcoming day.
COINBASE:SHIBUSDLong
by AwesomeAvani
11
XAUUSD PENDING PULLBACK for another rally? (buys from 22000Currently, I'm not favoring gold due to its lack of healthy price action characterized by abrupt bullish momentum without significant pullbacks. This has resulted in the creation of numerous Asian lows and imbalances below that need to be filled. Consequently, I'll wait for price to retreat and potentially reach a demand zone to sustain its strongly bullish trend. If price consolidates and experiences a downward break, I anticipate the formation of a new supply zone, providing an opportunity to sell toward a demand zone. However, I'm keen to observe how price behaves throughout the week given gold's erratic movements. - Gold has been moving very bullish on the lower and higher time frames. - Lots of imbalances left below as well as multiple untaken Asia lows. - Price took ATH's and candle stick anatomy is strongly bullish. - Demand zones have been left around 22000 and below so potential rally from there. P.S. With NFP scheduled for this Friday, I'm keen to observe its impact as it could significantly influence gold's direction. There's a possibility of a decline, which could fill the imbalances below and reach a demand zone, but we'll have to wait and see. Have a great trading week guys!
OANDA:XAUUSDLong
by Hassan_fx
1
INJ ANALYSIS🔮 #INJ Analysis 💰💰 🌟🚀 As we can see that #INJ is trading in a Falling Channel Pattern in 1hr time frame. Currently #INJ is trading above its major support area. Broken out of falling channel could lead to a bullish rally📈📈 🔖Current Price --- $37.96 🎯Target Price -----$43.11 ⁉️ What to do? - We have marked some crucial levels in the chart. We can trade according to the chart and make some profits in #INJ . 🚀💸 #INJ  #Cryptocurrency #DYOR
Long
by ZEUS_Market_Alerts
MNY a penny stock from Asia catching some buying volume LONGMNY is a penny stock from Singapore on NASDAQ. With its volume and volatility spiking and a 90 % jump in the past month. It got my attention. For penny stocks and NASDAQ requirements, getting over $ 1.00 is important for several reasons. MNY did it well. I will take a small position in this risky play expecting a great return over the near and intermediate term. If you like PYPL SQ or SOFI but need something with some better volatility to get try to capture some quicker profits this might fit your need.
NASDAQ:MNYLong
by AwesomeAvani
SAND ANALYSIS🚀#SAND Analysis : 🔮As we can see in the chart of #SAND that there is a formation of Descending Channel Pattern. #SAND breaks descending channel recently.....currently retesting the zone. Incase of successful retest.....we can expect 2-3x bullish wave in coming weeks📈📈 🔰Current Price:  $0.6084 🎯 Target Price:    $0.8588 ⚡️What to do ? 👀Keep an eye on #SAND price action. We can trade according to the chart and make some profits⚡️⚡️ #SAND  #Cryptocurrency #TechnicalAnalysis  #DYOR
Long
by ZEUS_Market_Alerts
Paving the Future of Growth and Innovation in Heavy MachineryNYSE:CAT Has broken a previous resistance at $285 and looking to make new all time highs. From here we are going into uncharted territories but targeting $345 #Bullish NYSE:CAT will continue to be a strong performer as it is well aligned with key global trends favoring infrastructure development and economic recovery. With governments worldwide allocating substantial budgets to construction and mining projects, Caterpillar stands to gain significantly as a leading provider of heavy machinery. As the global economy rebounds from the COVID-19 pandemic, the demand for Caterpillar's diverse range of construction and mining equipment is poised to rise. Caterpillar's strong position in the mining industry boom, coupled with its history of returning value to shareholders through dividends and buybacks, makes it an attractive investment for those seeking exposure to the industrial and construction sectors.
NYSE:CATLong
by EgideSimba
Lyft-ing Off: Why $LYFT is Poised for a Bullish Future NASDAQ:LYFT has retested the $12 major support level and has a huge bullish momentum. The stock highly undervalued at this price and due for a major upside. First off, let's talk about the elephant in the room: the pandemic. While it's been a wild ride for ride-sharing companies, Lyft has shown resilience and adaptability. They've implemented safety measures and expanded their offerings, which has helped them weather the storm. As the world continues to recover and people start moving around more, Lyft could be in a prime position to capitalize on the pent-up demand for travel and transportation. Secondly, Lyft has been making strides in the autonomous vehicle space. They've partnered with some big names in the industry and have been testing their self-driving cars in various cities. If they can successfully integrate this technology into their platform, it could give them a competitive edge and potentially drive down costs in the long run. Lastly, let's not forget about the power of the gig economy. As more people look for flexible work options, the pool of potential drivers for Lyft grows. This could help them maintain a strong supply of drivers and keep customers happy with shorter wait times and more reliable service. As a major competitor for UBER, Lyft is highly undervalued at this price and looking to make some major moves to the upside.
NASDAQ:LYFTLong
by EgideSimba