Alkem looks alrightAlkem Laboratories Ltd. engages in the development, manufacture, and sale of pharmaceutical products. It produces branded generics, generic drugs, active pharmaceutical ingredient, and nutraceuticals.
Alkem Laboratories Ltd. CMP is 6039.55. The positive aspects of the company are Company with Low Debt, Company with Zero Promoter Pledge, Stocks Outperforming their Industry Price Change in the Quarter and MFs increased their shareholding last quarter. The Negative aspects of the company are High Valuation (P.E. = 35.2), Declining Net Cash Flow : Companies not able to generate net cash and Increasing Trend in Non-Core Income.
Entry can be taken after closing above 6105 Targets in the stock will be 6202 and 6315. The long-term target in the stock will be 6442. Stop loss in the stock should be maintained at Closing below 5818 or 5363 depending upon your risk taking ability.
Disclaimer: 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.
Stockstowatch
AFFIRM HOLDINGS (AFRM) Short Trade Setup and AnalysisAFFIRM HOLDINGS (AFRM) on the 15-minute timeframe:
Trade Summary
Position: Short Trade
Entry: $46.84
Stop Loss: $48.47
Take Profit Targets:
TP1: $44.84 (Hit)
TP2: $41.59 (Hit)
TP3: $38.34 (Pending)
TP4: $36.33 (Pending)
Technical Analysis
The price action for AFRM has shown a steady downtrend in alignment with the bearish market sentiment. The position was initiated near the entry point of $46.84, with the Risological dotted trendline indicating a continuous bearish pressure, thus validating the short entry.
With TP1 and TP2 already achieved, the price is moving in line with the projected downtrend. The decreasing volume and proximity to the trailing targets suggest that there is further room for downside potential, aiming towards TP3 and TP4.
Market Insights
Volume: 5.59M (below the 30-day average of 9.08M), indicating moderate sell-off interest.
Key Levels:
Day’s Range: $40.63 - $42.47, which reflects a steady decline.
52-Week Range: $16.50 - $52.48, showing that the stock is approaching the lower side of its yearly range.
Upcoming Earnings: In 12 days, which could further influence AFRM’s trend based on market expectations.
This technical setup aligns with the broader market indicators and the prevailing bearish momentum in AFRM. Further downside potential remains viable as the trend continues.
Indian hotels on a high. Indian Hotels Co. Ltd. engages in the ownership, operation, and management of hotels, palaces, and resorts. It operates through India and Overseas geographical segments.
Indian Hotels Co. Ltd. CMP is 691.25. The positive aspects of the company are Company with Low Debt, Company with Zero Promoter Pledge, Strong cash generating ability from core business and Book Value per share Improving for last 2 years. The Negative aspects of the company are High Valuation (P.E. = 76.6), Declining profits and Increasing Trend in Non-Core Income.
Entry can be taken after closing above 693 Targets in the stock will be 706 and 722. The long-term target in the stock will be 738. Stop loss in the stock should be maintained at Closing below 649 or 596 depending upon your risk taking ability.
Disclaimer: 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.
Vimta Labs trying to be victorious.Vimta Labs Ltd. engages in the provision of contract research and testing. It services include cGMP laboratory services; analytical food and water; preclinical research; clinical research; biopharma; environmental assessments; and clinical reference lab.
Vimta Labs Ltd. CMP is 558.20. The positive aspects of the company are Company with Low Debt, Company with Zero Promoter Pledge, Mutual Funds Increased Shareholding in Past Month and Good Aggregate Candlestick Strength. The Negative aspects of the company are High Valuation (P.E. = 30.2), Declining Net Cash Flow and Inefficient use of assets to generate profits.
Entry can be taken after closing above 569 Targets in the stock will be 599, 617 and 643. The long-term target in the stock will be 667 and 702. Stop loss in the stock should be maintained at Closing below 517 or 503 depending upon your risk taking ability.
Disclaimer: 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.
KPI GREEN Stock Plummets – All Short Targets Smashed in 15-MinKPI GREEN Stock Technical Analysis:
KPI Green on the 15-minute timeframe has completed its short trade with a clear break below the Risological dotted trendline, and all targets have been successfully hit.
Key Levels:
Entry: 811.55
Stop Loss (SL): 820.70
Target 1 (TP1): 800.25
Target 2 (TP2): 782.00
Target 3 (TP3): 763.75
Target 4 (TP4): 752.50
Observations:
The price respected the resistance offered by the Risological trendline and steadily declined.
Bears are in control, with the stock making lower highs and lower lows throughout the session.
The short trade played out perfectly for KPI Green, hitting all predefined targets. Watch for potential consolidation or further breakdown below TP4 for more opportunities.
ZensarTec Ready to Rally! Waiting for Targets to Fire!Technical Analysis:
ZensarTec on the 15-minute timeframe is poised for a long trade after a solid entry signal. The price is currently moving upward, following the support from the Risological Dotted Trendline, confirming the strength in momentum.
Key Levels:
Entry: 680.00
Stop Loss (SL): 658.20
Target 1 (TP1): 706.90 (Next target)
Target 2 (TP2): 750.50
Target 3 (TP3): 794.05
Target 4 (TP4): 821.00
Observations:
The price has recently shown signs of strength, bouncing off the Risological Dotted Trendline and gaining bullish momentum.
With volume support, the price is likely to hit the initial target of TP1 soon, potentially leading to a cascade of target completions.
ZensarTec is gearing up for an upward breakout as it tests its first target. Watch for TP1 to confirm and the possibility of higher targets being hit as bullish momentum builds. Stay tuned for a strong price movement ahead!
WAAREE Short Trade Targets in Play, Massive Drop to 1571!WAAREE (15m time frame), Short Trade
Entry: ₹1,763.00
Current Price: ₹1,571.00
All Targets Done!
Key Levels:
Entry: ₹1,763.00 – After confirming a strong bearish signal, short entry was executed.
Stop-Loss (SL): ₹1,767.60 – Placed above key resistance to protect against potential reversals.
Take Profit 1 (TP1): ₹1,757.30 – First target triggered, confirming downward movement.
Take Profit 2 (TP2): ₹1,748.10 – Critical support level broken.
Take Profit 3 (TP3): ₹1,738.90 – More aggressive downside level confirmed
Take Profit 4 (TP4): ₹1,733.25 – Final target hit for deep correction in this trend.
Trend Analysis:
WAAREE’s price continues to plunge after a decisive break below multiple support levels, confirming strong selling pressure. With the current price at ₹1,571, this trade has captured a significant move, with further downside potential still in play.
BlueStarCo Soars from 747.95 to 1926: All Targets Reached!BlueStarCo has shown a remarkable bullish run since entering at 747.95 on 6th September 2023. The price has not only reached all take profit targets but also surged far beyond expectations, currently trading at 1926.
Key Levels:
Entry: 747.95 – This marked the point where the bullish momentum took hold.
Stop-Loss (SL): 724.85 – Positioned below the entry to minimize downside risk.
Take Profit 1 (TP1): 776.55 – Reached early in the trade, confirming a strong start.
Take Profit 2 (TP2): 822.80 – Hit as the upward momentum continued.
Take Profit 3 (TP3): 869.10 – Met, indicating strong sustained buying pressure.
Take Profit 4 (TP4): 897.65 – Final target hit, followed by a significant price surge beyond all targets.
Trend Analysis:
The price action has been well-supported by the Risological dotted trendline, confirming a consistent uptrend. The continuous rise from the entry point shows no signs of reversal, with the current price sitting at 1926, nearly doubling the initial entry value. Traders who held on to this trade have seen tremendous returns, and further gains are still possible as the momentum remains strong.
Titagarh Rail systems catching the train. Titagarh Rail Systems Ltd. operates as a holding company, which engages in the manufacture and sale of freight wagons, passenger coaches, and steel castings. It operates through the following segments: Freight Rolling Stock, Passenger Rolling Stock, Shipbuilding, and Others. The Others segment includes miscellaneous items like specialized equipment's for defence, bridge girders, tractors, and others.
Titagarh Rail Systems Ltd CMP is 1197.50. The positive aspects of the company are Company with Low Debt, Rising Net Cash Flow and Cash from Operating activity, Annual Profit Growth higher than Sector Profit Growth AND Strong Annual EPS Growth. The Negative aspects of the company are High PE (PE=55.3), High promoter stock pledges AND Companies seeing significant coronavirus impact.
Entry can be taken after closing above 1283. Targets in the stock will be 1338, 1509 AND 1596. The long-term target in the stock will be 1710, 1795 AND 1876. Stop loss in the stock should be maintained at Closing below 1049.
Disclaimer: 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.
Kopran can climb further. Kopran Ltd. is a holding company, which engages in the manufacturing of pharmaceuticals and related products. It operates through the following business units: Formulations, and Active Pharmaceutical Ingredients. The firm's products include Amyn, Lokit, and Ciproquin.
Kopran Ltd CMP is 320. The positive aspects of the company are Company with Low Debt, Company with Zero Promoter Pledge, FII / FPI or Institutions increasing their shareholding, Annual Profit Growth higher than Sector Profit Growth AND Mutual Funds Increased Shareholding in Past Month. The Negative aspects of the company are Declining Net Cash Flow : Companies not able to generate net cash AND Stocks in the sell zone based on days traded at current PE and P/BV.
Entry can be taken after closing above 321. Targets in the stock will be 330 and 342. The long-term target in the stock will be 352 AND 368. Stop loss in the stock should be maintained at Closing below 291.
Disclaimer: 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.
Nike - Catch this reversal!NYSE:NKE continues its overall uptrend despite the recent drop of -60% to the downside.
All you need in order to catch the reversal of the decade is simply one line: a support trendline. Nike is currently approaching a support trendline, which has been sending prices higher for the past 30 years. Just this fact alone makes me believe that we will see (much) higher prices on Nike over the next couple of weeks and months, but we still need bullish confirmation first!
Levels to watch: $70
Keep your long term vision,
Philip - BasicTrading
TRENT Tumbles! Short Trade Hits First 2 Targets – More Downside?TRENT has exhibited strong bearish momentum since the short entry at 8161.30 on 15th October at 9:45 AM, successfully reaching Take Profit 1 (TP1) and Take Profit 2 (TP2).
Key Levels
Entry: 8161.30 – The short position was initiated as the price broke below this level, indicating a bearish trend.
Stop-Loss (SL): 8253.15 – Placed above recent resistance to protect against a potential price reversal.
Take Profit 1 (TP1): 8047.75 – The first target was reached, confirming the initial strength of the downtrend.
Take Profit 2 (TP2): 7864.00 – Continued selling pressure led to this target being achieved.
Take Profit 3 (TP3): 7680.30 – The next target in sight if the bearish trend persists.
Take Profit 4 (TP4): 7566.75 – The ultimate target, suggesting a significant downward move.
Trend Analysis
The price is trading below the Risological Dotted trendline, indicating a strong bearish trend. The sustained downward movement suggests further downside potential, with TP3 likely to be reached if the current momentum holds.
The short trade on TRENT is performing well, with TP1 and TP2 already achieved. With bearish momentum intact, the next targets at 7680.30 and 7566.75 could be within reach.
High Dividend yield HPCL wants to fly higher. Hindustan Petroleum Corp. Ltd. engages in the business of refining crude oil and sales of petroleum products. It operates through the Downstream and Others segment. The Downstream segment deals with the refining and marketing of petroleum products; The Other segment engages in exploration and production of hydrocarbons, manufacturing sugar ethanol. Hindustan Petroleum Corp. CMP is 405.85.
The positive aspects of the company are cheap Valuation (P.E. = 8.7), Company with Zero Promoter Pledge, Annual Profit Growth higher than Sector Profit Growth, MFs increased their shareholding last quarter and Stocks Outperforming their Industry Price Change in the Quarter. Dividend yield of the company at CMP is 5.2%. The Negative aspects of the company are Increasing Trend in Non-Core Income.
Entry can be taken after closing above 409 Targets in the stock will be 416 and 429. The long-term target in the stock will be 447 and 457. Stop loss in the stock should be maintained at Closing below 380 or 363 depending on your risk taking ability.
Disclaimer: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.
BPCL with high dividend yield wants to go higher. Bharat Petroleum Corp. Ltd. is a holding company, which engages in the business of refining of crude oil and marketing of petroleum products. It operates through the Downstream Petroleum and Exploration and Production (E&P) segment. The Downstream Petroleum segment includes the refining and marketing of petroleum products. The E&P segment focuses on hydrocarbons.
Bharat Petroleum Corp. CMP is 340.75. The positive aspects of the company are cheap Valuation (P.E. = 7.8), Company reducing Debt, Company with Zero Promoter Pledge, Dividend yield of the company at CMP is 6.2%. and Strong Annual EPS Growth. The Negative aspects of the company are Declining Net Cash Flow : Companies not able to generate net cash, Increasing Trend in Non-Core Income and Companies with growing costs YoY for long term projects.
Entry can be taken after closing above 347 Targets in the stock will be 355 and 363. The long-term target in the stock will be 375. Stop loss in the stock should be maintained at Closing below 320 or 293 depending on your risk taking ability.
Disclaimer: 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.
WIPRO LONG Trade Hits First Target! Bullish Momentum BuildsWipro has shown a strong bullish movement, reaching Take Profit 1 (TP1) at 550.85 on 14th October at 12:45 PM.
Key Levels
Entry : 540.80 – Wipro started its upward movement from this key support level, leading to a breakout.
Stop-Loss (SL) : 532.65 – This level is positioned below the entry to protect against any potential downside risk.
Take Profit 1 (TP1) : 550.85 – Already achieved, confirming the strength of the uptrend.
Take Profit 2 (TP2) : 567.10 – The next target to watch as bullish momentum continues.
Take Profit 3 (TP3) : 583.35 – If buying pressure persists, this level could be tested next.
Take Profit 4 (TP4) : 593.40 – The ultimate target signaling the potential for a strong bullish rally.
Trend Analysis
The price is clearly above the support of the Risological dotted trendline, indicating a strong uptrend. The sharp upward movement followed by a small consolidation suggests the possibility of further gains.
With TP1 reached, the next targets are in focus, and a move above 550.85 will likely lead to TP2 being hit.
Wipro has reached its first profit target at 550.85, confirming bullish momentum. The next targets at 567.10 and beyond could be reached if the uptrend holds, with solid support from the Risological trendline and strong buying interest.
Muthoot Finance Long Trade on 15m Time Frame: Trade in ProgressA long entry was initiated at 1927.05 on the 9th of October at 10:15 am. The price is nearing Target 1 (1963.50) and remains on track for further movement towards the upper targets. We have now set a trailing stop at 1928.50 to lock in gains and manage risk.
Target Points:
TP 1: 1963.50 (close to being hit)
TP 2: 2022.50
TP 3: 2081.50
TP 4: 2117.95
Trailing Stop: 1928.50
Stop Loss (SL): 1897.55
We'll keep a close eye on this position as it progresses towards the remaining targets.
Linc trying to link back to good times. Linc Ltd. engages in the manufacture and distribution of ball point pen. Its products include gel pen, ball pen, fountain pen, stationery, notebook, and files and folders. It operates through the Writing Instrument and Stationary segment. The company is the exclusive Indian selling agent of the premium pen range of Mitsubishi Pensils Company, Japan. Linc also have a similar arrangement with Besia, Taiwan to sell non-sharpening pensils and erasers. Linc Ltd CMP is 630.65. The Negative aspects of the company are Declining Net Cash Flow Promoter decreasing their shareholding, The positive aspects of the company are Company with No Debt, Company with Zero Promoter Pledge and FII / FPI or Institutions increasing their shareholding. Entry can be taken after closing above 646. Targets in the stock will be 664, 683 and 700. The long-term target in the stock will be 717, 740 and 760. Stop loss in the stock should be maintained at Closing below 578.
Disclaimer: 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.
Bandhan Bank trying to change trend with volume.Bandhan Bank Ltd. engages in the provision of banking and financial services. It operates through the following segments: Treasury, Retail Banking, Corporate and Wholesale Banking, and Other Banking Business. Bandhan Bank Ltd CMP is 210.26. The Negative aspects of the company are MFs decreased their shareholding last quarter and Inefficient use of capital to generate profits - RoCE declining in the last 2 years. The positive aspects of the company are Company with Zero Promoter Pledge, Rising Net Cash Flow and Cash from Operating activity, Company with high TTM EPS Growth and Growth in Net Profit with increasing Profit Margin (QoQ). Entry can be taken after closing above 212. Targets in the stock will be 223 and 241. The long-term target in the stock will be 254 and 262. Stop loss in the stock should be maintained at Closing below 188 or 183.
Disclaimer: 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.
BDL Short-Term Long Trade on 15m Time Frame: TP4 ReachedWe initiated a short-term long trade setup in Bharat Dynamics LTD (BDL) on the 8th of October at 9:45 am, entering at 1114.45 based on the bullish signal from the Risological Swing Trader. The price action was strong, and we successfully reached TP4 (1225.90) by the 11th of October at 9:15 am.
Target Points Achieved:
TP 1: 1135.70
TP 2: 1170.15
TP 3: 1204.60
TP 4: 1225.90
Stop Loss (SL): 1097.20
This trade exemplifies the power of the Risological Swing Trader in identifying profitable setups and executing with precision. We’ll continue leveraging this strategy for future market moves.
Mastercard May Rise to 519.00 - 526.00 (READ DESCRIPTION)Mastercard May Rise to 519.00 - 526.00
Pivot Point: 482
The pivot point at 482 is a crucial support level for Mastercard. As long as the stock price remains above this level, the outlook is bullish, indicating potential for upward movement. A drop below this level would signify a change in sentiment and a potential shift toward bearish pressure.
Primary Strategy (Our Preference):
Entry Point: Look for long positions as long as the price holds above the pivot point of 482.
Target Levels:
519.00: This target indicates a significant potential gain, suggesting that bullish momentum is strong enough to push prices higher. Achieving this target would reflect positive market sentiment towards Mastercard.
526.00: The next target represents further upside potential, reinforcing the bullish outlook if the stock can sustain its momentum.
Alternative Scenario:
If the stock falls below the pivot point at 482, traders should consider short positions.
Entry Point: Initiate short positions if the price breaks and remains below 482.
Target Levels:
470.00: This level marks the first downside target, indicating potential bearish momentum if selling pressure increases.
464.00: The next target level suggests a further decline, highlighting risks if the stock continues to trend downward.
Technical Outlook:
RSI Indicator: The RSI is above its neutral level at 50, indicating that bullish momentum is in play, as buying pressure exceeds selling pressure.
MACD Indicator: The MACD is positive but below its signal line, suggesting that while the current trend is bullish, there may be a potential retracement or consolidation in the short term.
Moving Averages: Mastercard is trading above both its 20-day and 50-day moving averages (respectively at 493.93 and 477.84), further confirming the positive outlook and suggesting the stock is in a bullish trend.
Market Dynamics:
As long as Mastercard holds above the pivot point of 482, there is significant potential for upward movement toward the target levels of 519.00 and 526.00.
If the price falls below the pivot, market sentiment could shift, leading to potential declines toward support levels of 470.00 and 464.00.
The pivot point at 482 is critical for maintaining a bullish outlook for Mastercard. Holding above this level opens the possibility for price increases toward 519.00 and 526.00.
Current technical indicators support the bullish sentiment, but traders should remain cautious for any signs of retracement, especially if the price breaches the pivot support.
TRENT Intraday Position Update (15m Time Frame)TRENT Intraday Position Update (15m Time Frame)
We secured a solid entry at 7535.35 after the price crossed over the Risological dotted trendline. The price has successfully reached Target 1 (7698.10) and Target 2 (7961.45), maintaining strong momentum to hit the remaining targets.
Target Points:
TP 3: 8224.80
TP 4: 8387.55
Stop Loss (SL): 7403.65
The trend remains bullish, and we'll continue to monitor the position closely.