Why Starbucks is a great investment opportunityStarbucks, the renowned coffeehouse chain, has become a household name for many people across the globe. With over 30,000 stores in more than 80 countries, Starbucks has established itself as one of the leading players in the restaurant industry. Its strong financial performance and impressive growth potential have made it a hot pick for investors looking to invest in this sector. In this section, I will analyse Starbucks’ weekly timeframe by wearing the supply and demand imbalances glasses. As supply and demand traders, we do not need to understand the company’s forecasts and financial performance to analyze its growth potential. We only need to know where the imbalances in price are on a price chart.
The stock is currently trading at $96 per share. It’s very close to a strong demand imbalance sitting at $94.19. We expect the stock to rally to $104 and much higher.
Stocksignals
Kolte Patil looking to build momentum Kolte-Patil Developers Ltd. CMP – 517.70
Market Capitalization Rs 3,934.7Cr
Red Flags:🟥
High Valuation (P.E. = 35.6)
Green Flags:🟩
Low debt
Zero promoter pledge
FIIs are increasing stake
MFs are increasing stake
Improving annual net profit
Improving cash from operations annual
New Happy Candles Number – 81/100
Fresh Entry/ averaging / compounding after closing above 520
Targets: 542
Long term target: 562
Stop loss: Closing below 420
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
SPY I All time high (Sell at resistance)Welcome back! Let me know your thoughts in the comments!
** SPY Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Momentum in Bajaj Consumer building slowly. Bajaj Consumer Ltd. is one of India's leading FMCG companies with major brands in the hair care and skin care category. The company's main brand is Bajaj Almond Drops in the hair oil category. It markets its skin care products under the brand No-marks. The company is a part of the Shishir Bajaj Group of companies.
Bajaj Consumer CMP is 219.60. The Negative aspects of the company are Declining annual net profit and Declining cash from operations. The company's Positive aspects are No debt, Zero promoter pledge, FIIs are increasing stake and MFs are increasing stake.
Entry can be taken after closing above 225. Targets in the stock will be 232 and 240. The long-term target in the stock will be 251. Stop loss in the stock should be maintained at Closing below 206.
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
Balkrishna looking like a strong candidate for an upmoveBalkrishna Industries Ltd. is engaged in the business of manufacturing and selling Off-Highway Tyres (OHT) in specialist segments such as Agricultural, Industrial and construction, Earthmovers and port, Mining, Forestry, Lawn and garden, and All-Terrain Vehicles (ATV) Tires. Balkrishna Industries Ltd CMP is 2568.55.
The Negative aspects of the company are High Valuation (P.E. = 47.4) and Declining annual net profit. The positive aspects of the company are Low debt, zero promoter pledge, FIIs increasing stake, and MFs increasing stake.
Entry can be taken after closing above 2579. Targets in the stock will be 2627 and 2675. The long-term target in the stock will be 2740. Stop loss in the stock should be maintained at Closing below 2465.
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
BBRI: Rising Net Profit, Potential for a Bullish Run Ahead?Hi Realistic Traders. Here's my price action analysis on BBRI!
BBRI has once again surged above its bullish trendline, maintaining its bullish trend. Additionally, the stock has shaped a bullish divergence and a descending broadening wedge pattern. These combined patterns often signal a strong likelihood of continued bullish momentum. Most notably, it has recently broken through the upper trendline, suggesting a compelling opportunity for further upside movement toward the target area.
Fundamental Driver:
In September 2023, BBRI reported a consolidated net profit of Rp44.21 trillion in the third quarter of 2023, marking a 12.47% increase from the same period in the previous year when it was Rp38.31 trillion. This positive development supports the projected outlook."
it is essential to note that the analysis will no longer hold validity once the target/supprot area is reached.
Disclaimer:
"Please note that this analysis is solely for educational purposes and should not be considered a recommendation to take a long or short position on IDX:BBRI ."
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Vinati Organics seems to have formed a Triple bottom Vinati Organics Ltd. CMP – 1758.45 (Long Term Investment Idea / Trying to come out of the slump)
Market Capitalization Rs 18,073.7Cr
Red Flags:🟥
High Valuation (P.E. = 44.3)
Green Flags:🟩
No debt
Zero promoter pledge
FIIs are increasing stake
MFs are increasing stake
Improving annual net profit
Improving cash from operations annual
Previous Happy Candles Number – 53/100
New Happy Candles Number – 55/100
X/3 Fresh Entry/ averaging / compounding after closing above 1778 (Tracking Quantity).
Second Entry 1835
Final Entry 1902
Targets: 1960 and 2002
Long term target: 2035
Stop loss: Closing below 1693
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
JP MORGAN Approaching the ideal sell level.JP Morgan Chase (JPM) has been trading within a Channel Up pattern since the October 12 2022 market bottom. Currently it is on a relentless rally since the October 27 2023 Higher Low, which is technically the Bullish Leg towards the Channel's top and new Higher High.
The peak points of the previous two main Bullish Legs of the Channel Up, took place when the 1D RSI formed Lower Highs against the price's Higher Highs, which is a technical Bearish Divergence. Since the price is currently so close to the top of the Channel Up, we will wait for the RSI to form that Lower High sequence and enter a confirmed sell. Our target will be 163.00, which is a projected contact with the 1D MA50 (blue trend-line) and the 0.382 Fibonacci Channel level, which has always been reached during Bearish Legs.
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Solara Active makes and active progress on charts. Solara Active Pharma is a pure API play in the pharma sector. They offer a full spectrum of contract development and manufacturing solutions to clients worldwide powered by its Research & Development (R&D) Centre.
The negative aspects of the company are promoters deceasing stake Q onQ and high pledging. Positive aspect of the company is increase in net profit Q on Q and stock rising after making a bottom.
Entry can be taken after closing above 384. Targets in the stock will be 397 and 414. Long term target will be 428 and 440. Stop loss in the stock should be maintained at Closing below 317.
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
Greaves cotton starting to look strong again. Greaves Cotton Ltd.CMP 144.45 is an Indian conglomerate engineering company that manufactures Clean-tech Powertrain Solutions for petrol, diesel and CNG engines and heavy equipment. The company has taken strongly into E-Mobility business by launching its own range of Two wheelers.
Negative aspects of the company are high valuations (Negative PE), MFs decreasing stake and decline in net profit. Positive aspects of the company are Zero promoter pledge, Low debt and EPS Growth.
Entry can be taken after closing above 146. Targets in the stock will be 155. The long-term target in the stock will be 164+. Stop loss in the stock should be maintained at Closing below 132.
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
Maruti trying to move again. Maruti Suzuki India Ltd. is India's largest passenger car company, accounting for over 42%+ of the domestic car market. The Company offers a full range of cars from entry-level to SUV. It has manufacturing facilities capable of producing 1.5 million units per annum. The other activities of the Company include the facilitation of pre-owned car sales, fleet management, and car financing. The Company became the largest subsidiary of Suzuki Motor Corporation (SMC) of Japan, which currently holds 56.48% of its equity stake.
Maruti Suzuki Ltd CMP is 10217.15. The Negative aspects of the company are High Valuation (P.E. = 28.3), and FIIs decreasing stake. The positive aspects of the company are No debt, zero promoter pledge, MFs increasing stake, improving annual net profit, and Improving cash from operations annually.
Entry can be taken after closing above 10387. Targets in the stock will be 10502 and 10628. The long-term target in the stock will be 10804 and 10931. Stop loss in the stock should be maintained at Closing below 9825.
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
Hikal looking to call back glory day on chart.Hikal Ltd. is engaged in the manufacturing of various chemical intermediates, specialty chemicals, active pharma ingredients, and contract research activities. Presently, it is operating in the crop protection and pharmaceuticals space.
Hikal Ltd CMP is 303.95. The Negative aspect of the company is High Valuation (P.E. = 45.8) and declining annual net profit. The company's Positive aspects are Low debt, zero promoter pledge, FIIs increasing stake, MFs increasing stake, and Improving cash from operations annually.
Entry can be taken after closing above 311. Targets in the stock will be 320 and 329. The long-term target in the stock will be 350. Stop loss in the stock should be maintained at Closing below 292.
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
TESLA Do or Die moment to break the 2021 Resistance.Tesla (TSLA) is extending the rally following the buy signal (see chart below) we gave on November 07 at the bottom of the 1 year Channel Up:
The price has had 6 green candles out of a total of 7 and looks to repeat the Bullish Legs of April - July and January - February. What's more important than that, is that Tesla is approaching its 'Do or Die' moment as for the 5th time in 2 years (since November 2021), it is about to test the Lower Highs trend-line of the All Time High (ATH).
This huge Resistance level has rejected the price 4 times already, always initiating strong sell-offs. The 1W RSI has already broken above its own Lower Highs trend-line of July, so this could be an early signal of strength accumulation.
If we get a 1W candle close above the Lower Highs, we expect the final phase of the Bullish Leg to materialize and that would have practically confirmed that Tesla finally officially entered into a new Cycle of long-term growth. The target remains $345.00, representing a +75% rise from the recent Channel Low (-20% from the previous Leg).
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Can the MAGNIFICENT 7 outperform once more?We have seen the Magnificent 7 (Apple, Microsoft, Google, Amazon, Nvdia, Meta, Tesla) underperform on this rally since the October Low relative to the rest of the Nasdaq index (NDX). The former can be seen on the left chart while the latter on the right. This goes so far against the aggressive nature of the Magnificent 7 (M7), which have outperformed Nasdaq on all previous rallied by at least +50%.
In fact the M7's first major rally (2016 - 2018) rose by +150% while NDX's by +95%. The second major rally (2019 - 2021) registered +363% for MA7 and 'just' +185% for NDX. If there is any progression between them, we can argue that on M7 the rallies increase by a constant of (0.41) while on NDX by (0.51). Of course the sample isn't big enough for solid conclusions. But there is a Higher Lows trend-line on both that is driving this logarithmic growth. Especially for M7, it has been touched on all corrections.
As a result, a modest target estimate for both could be the 2.0 Fibonacci extension, which for M7 is 600.00, while for NDX 27500. Indeed those seem remarkable from the levels we stand currently but the projections can get even more inflated if we follow the 0.41 and 0.51 progressions respectively, which indicate that M7 could rise up to +511% (767) from the recent market bottom, while Nasdaq up to +279% (39700).
In any event, do you think the Magnificent 7 will start to outperform Nasdaq again after November - December's pause?
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Bearish Channel Breakout, Setting Stage for a Return Above $300?Hi Realistic Traders. Here's my price action analysis on NASDAQ:TSLA !
On May 23, 2023, Tesla (TSLA) exhibited a breakout from the bearish trendline, sustaining its upward trajectory with consecutive higher highs and lows. Following this, TSLA's bullish momentum moderated, leading to the formation of a bearish channel. Notably, there has been a recent breakthrough above the upper trendline of this bearish channel, signaling a robust bullish indication. Adding to the bullish narrative, the momentum indicator (MACD) has executed a golden cross, further affirming the potential for continued upside movement toward the specified target area.
it is essential to note that the analysis will no longer hold validity once the target/support area is reached.
Disclaimer:
"Please note that this analysis is solely for educational purposes and should not be considered a recommendation to take a long or short position on TSLA."
Please support the channel by engaging with the content, using the rocket button, and sharing your opinions in the comments below!
Excel Industries- Potential to become excellent turnaround storyExcel Industries Ltd. CMP – 902.55
Market Capitalization Rs 1,134.6Cr
Red Flags:🟥
High Valuation (P.E. = 39.8)
Declining annual net profit
FIIs are decreasing stake
Green Flags:🟩
No debt
Zero promoter pledge
Improving cash from operations annual
Dividend Yield @CMP = 1.33%
Happy Candles Number – 54/100
X/2 Fresh Entry/ averaging / compounding after closing above 906
Final Entry 943
Targets: 975
Long term target: 1019
Stop loss: Closing below 823
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
VISA Pull-back to the 1D MA50 possible.Visa Inc. (V) has gone a long way since our last analysis (see chart below) which hit both our bullish and bearish targets:
The stock has made a +15.40% Higher High from the bottom of the long-term Channel Up, which is consistent with 2 out of the 3 previous Bullish Legs within this pattern. After those Higher Highs were formed, pull-backs to Higher Lows of -8.41% to -10.82% followed, all of which hit or approached very closely the 1D MA200 (orange trend-line).
As a result, our sell's target will be at least on the 1D MA50 (blue trend-line) at $250.00.
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AI about to break upwards aggressively.AI (C3.ai) has made a Higher High yesterday, the highest level it's been since August 15. Having put both the 1D MA50 (blue trend-line) and the 1D MA200 (orange trend-line) behind, this rebound is taking place after a perfect bottom on the long-term Channel Up.
The first Bullish Leg of this pattern peaked on the 1.382 Fibonacci extension before a 1D MA200 pull-back. As a result, we are taking this early buy signal to target $60.00.
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RIVIAN Channel Up targeting $35.50Rivian (RIVN) gave us a great break-out buy entry on our previous November 29 analysis (see chart below) as it broke above the Inner Lower Highs and hit our $21.00 target:
The pattern that is now dominating the 1D log chart is a Channel Up. The 1D MA50 (blue trend-line) is about to negate the recently made Death Cross and cross back again above the 1D MA200 (orange trend-line) to form a Golden Cross. This will be a strong bullish continuation signal for the current bullish leg of the Channel Up. We are bullish again on this stock, targeting $35.50, which is the 1.382 Fibonacci extension, the Feb level where the previous Higher High was made.
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NVDIA Supported by the 1D MA50, targeting $620.NVDIA Corporation (NVDA) closed all 1D candles above the Support, as presented on our October 22 idea, and easily rebounded aggressively to our $476.50 target (see chart below):
This time the rebound is very stable on the 1D MA50 (blue trend-line) with the log Channel Up since October 2022 showing incredible upside potential. Best to wait for the Rectangle's top to break first though, as a similar pattern in late 2022 gave a rally to the 1.786 Fibonacci extension when it broke upwards. As a result when it does again, our target will be $620 (1.786 Fib ext).
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Page Ind. is on the stage, which has been away from rage. Page Industries Ltd. is the exclusive licensee of JOCKEY International Inc. (USA) for the manufacture, distribution, and marketing of the JOCKEY brand in India, Sri Lanka, Bangladesh, Nepal, Oman, Qatar, Maldives, Bhutan, and the UAE. The Company is the exclusive licensee of Speedo International Ltd. for the manufacture, marketing, and distribution of the Speedo brand in India. Page Industries Ltd CMP is 37852.30.
The Negative aspects of the company are High Valuation (P.E. = 82.7), Declining cash from operations annual, FIIs are decreasing stake, Promoter Holding decreasing. The positive aspects of the company are No debt, zero promoter pledge, MFs are increasing stake, Improving annual net profit.
Entry can be taken after closing above 38159. Targets in the stock will be 38809 and 40834. The long-term target in the stock will be 42503 and 43581. Stop loss in the stock should be maintained at Closing below 35893. Page Industries is a portfolio stock and a long term investment idea.
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
Beneteau stock buy investment opportunityAhoy, fellow investors! Are you ready to set sail on a journey towards financial success using supply and demand imbalances? Look no further because we have the perfect vessel for you – Beneteau stock.
When looking to invest in a company, they say it is always important to compare and analyze its performance with other companies in the same industry. We don’t need to do any of that if we are using supply and demand imbalances. These imbalances allow investors to understand the market trends better and make informed decisions without having their minds clouded by fundamental stock analysis and stock performance in the past.
Expecting a decent rally from the monthly imbalance at 11 euros per share.