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Indianstocks

Good Setup spotted in Burger King India!"Restaurant Brands Asia Limited" earlier known as "Burger King India" is currently showing a good setup and an upside potential of 45% from CMP. The stock had rallied nearly 60% between March-Sep 2023. This very rise was impulsive in nature and therefore labeled as wave 1 on the chart. Between Sep-Dec the stock went through a triple three correction(WXYXZ) and retraced nearly 50% of the impulse. This retracement was in fact was the wave 2. The stock currently is in Wave 3 structure and could rally towards INR 190 mark. On the downside the swing low of 118.1 becomes a crucial structural support for the stock and could be used as a "SL".
NSE:RBALong
by neeraj_2_sharma
Vardhman Acrylics Ltd :-: analysis ⏰ VARDHACRLC📌 DYOR ( do your own research 🔎 ) 📍 NFA Above yellow 🟡 close 📌 beginning of upward ⬆️ momentum It's small cap stock with high :-: promoters / with good dividend 📌 ₹92 is key resistance 📌 we see some pressure :-: above it ☑️ never visit box below yellow 🟡 🎯 ₹111 🎯 ₹144 🎯 ₹300 Below green 💚 box 📍 danger ⚡ Just save my idea 💡 follow and give boosting 🚀 and pls share 🤝 Follow upcoming updates ..... 🧵 👇
NSE:VARDHACRLCLong
by raj5_7_5
Swing Trade : TRUCAP FINANCEBased on the observation I've shared, Let's break down the chart says : Trend Line: I noticed that there is a one-year-long trend line that was pierced on the 28th of June. This indicates that the price broke above the trend line, which can be interpreted as a bullish signal. Higher Highs: I observed that the price has been forming higher highs from the previous swing low. This pattern of higher highs signifies a short-term bullish trend, indicating that buyers are currently in control. Volumes: The volumes traded in the market seem to confirm the presence of strong participants. Higher volumes usually indicate increased activity and interest from traders and investors, further supporting the bullish case. Rejection on Daily Horizontal Level (RD): It seems that the price encountered rejection at a daily horizontal level, suggesting the presence of resistance at that level. This rejection implies that there are sellers who are pushing the price down. Considering these observations, it appears that there are both bullish and bearish factors influencing the market. Aggressive buyers may consider entering on a price dip if they believe the bullish trend will continue. Alternatively, some market participants may choose to wait for the price to breach the current high level for confirmation before entering. Please remember that the information provided is solely for educational purposes and should not be construed as financial advice. It is always prudent to consult with a professional or financial advisor before making any financial decisions. For educational purposes only. Not financial advice. Consult a professional before making financial decisions. #Disclaimer #NiVYAMi
NSE:TRULong
by kzatakia
Seshasayee Paper Board - Short Term Idea, 25-30% ROI.The stock is in strong uptrend in all larger time frames. Poised for a daily breakout - part of Monthly reversal. Monthly - Strong buying candle seen in September, which could not be defeated by sellers in Oct and Nov and Dec shows a hammer, which is a sign of reversal. All being inside candles. One can enter at current market price and hold for target of 530 in the short term. For swing immediate 10% upside is seen, target at 415-420.
NSE:SESHAPAPERLong
by Rugminik
SWING IDEA - SAINTGOBAINALL TIME HIGH !! The stock price breached 'all the high' mark. The momentum seems to be strong. We can see a potential up move in SAINT GOBAIN . Reasons are stated below : Daily candle closed above all the high. Price broke out after a consolidation phase of 4months. Formed a marabozu candle on weekly timeframe. Price is above 50 and 200EMA. Higher-Highs are being made i.e stock is in uptrend. Target - 152 // 180 (these are derived from Fibonacci extension tool) StopLoss - weekly close below 119
BSE:SAINTGOBAINLong
by Visionary_Growth_Insights
SWING IDEA - NAZARA TECHNOLOGIESNazara Technologies has captured our attention as a prospective candidate for a swing trade, showcasing compelling technicals that hint at the potential for an upward rally. Reasons are stated below : Nazara Technologies has undergone multiple tests around the 900 levels and successfully broken through, signaling a notable shift in market dynamics. A noteworthy bullish marubozu candle observed on the weekly timeframe adds a robust bullish sentiment, laying the foundation for a potential upward rally. The surge in volume activity is a noteworthy signal, suggesting heightened market interest and potential momentum behind Nazara Technologies. Trading above the 50 exponential moving average (EMA) signifies a continued upward trend, providing confidence in the stock's potential for a swing trade. Nazara Technologies consistently forms higher highs, indicating a sustained uptrend and reflecting positive sentiment among market participants. Target - 1244 // 1676 StopLoss - weekly close below 837 Disclaimer : Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services. @visionary.growth.insights
NSE:NAZARALong
by Visionary_Growth_Insights
NSE:DBL Dilip Buildcon- Let's study what going on Dilip Buildcon (DBL): A Deeper Dive Into the Infrastructure Giant 🏗️ Once regarded as a wealth destroyer with a stark 61.19% decline in the past 5 years, Dilip Buildcon Limited (DBL) is now making headway in the Indian infrastructure sector. But, before diving into the details, let's shed some light on the company's background. 📖 Founded in 1987 by Mr. Dilip Suryavanshi, DBL has grown to be one of India's major construction and infrastructure development companies, headquartered in Bhopal, Madhya Pradesh. Despite its past performance, recent trends suggest DBL offers good value based on its Price-To-Sales Ratio (0.3x) compared to the industry average (2.2x). 💰 Reputed brokerage AnandRathi has assigned a 'Buy' call on DBL, with a one-year target price of Rs 255. That's quite a vote of confidence! 👍 In the recent Q4 FY23, two key highlights were the de-levering and steady pace of execution for Dilip's projects. The company managed to reduce its net debt in Q4 by approximately Rs 220 crore, bringing the net debt down to Rs 2,380 crore. This has led to an annual de-levering of Rs 360 crore for FY23. 💸 The firm's operating profitability may have been underwhelming, but the progressively dwindling margin-drain from the older order book and the rising contributions from recent orders show potential. The company is aiming for measured growth, keeping in mind that aggressive revenue growth could lead to increased working capital needs. 📊 Upcoming Projects and Initiatives 🚧 DBL is not just limiting its efforts to construction and infrastructure. The company has a clear focus on cash flow generation and continues to work on monetizing its assets. The implementation of LD slag has seen a GST reduction from 18% to 5%, benefitting the road construction, civil-related works, and cement sectors. This could mean a positive impact for companies like Ashoka Buildcon, IRB Infrastructure, Elgi Equipment, L&T, Ncc, NBCC, PNC Infratech, and of course, Dilip Buildcon. 👷‍♀️👷‍♂️ Wrapping Up 🔚 While DBL has faced some major setbacks, it is working diligently to turn things around. But as with any investment, always conduct thorough research and due diligence. DBL is an interesting company to keep an eye on, given its improving performance and recent initiatives. 👀 Disclaimer: Not invested The above information is for study purposes only and does not constitute investment advice.
NSE:DBL
by Peaceful-Weekend-Investing