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BHARAT FORGE Bullish or Bearish ???Updated chart with levels
1. 1 Month: Delivery volume fell by -52.37%
1 Day: Delivery volume fell by -20.42% over 5 day average
Current price is more than the intrinsic value
3 year CAGR growth
Revenue -8.5%
NetProfit %
OperatingProfit -20.6%
F&O data suggests Short Covering today
Mutual Funds have increased holdings from 10.92% to 12.21% in Sep 2021 qtr.
FII / FPI have decreased holdings from 25.3% to 25.1% in Sep 2021 qtr
View Negated if it doesnot form tripple top
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BHARAT FORGE Bullish or Bearish ???1. 1 Month: Delivery volume fell by -52.37%
1 Day: Delivery volume fell by -20.42% over 5 day average
Current price is more than the intrinsic value
3 year CAGR growth
Revenue -8.5%
NetProfit %
OperatingProfit -20.6%
F&O data suggests Short Covering today
Mutual Funds have increased holdings from 10.92% to 12.21% in Sep 2021 qtr.
FII/FPI have decreased holdings from 25.3% to 25.1% in Sep 2021 qtr
View Negated if it doesnot form tripple top
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BANKNIFTY INTRADAY 110120221. Recovery is inevitable
2. Sudden recovery is not healthy , it will fall back to 37500 levels
3. since last 4 weeks it shot up 4000 points , replacement is pending
4. FED data is pending from US will have impact on the Bank Nifty ..
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NIFTY INTRADAY 110120221. NIFTY SGX trading at -50 points down , So NIFTY too will open at around 40 Points Gap Down adn WIll recover to the Resistance of the todays High .
2. If it Opens Gap Up will reach at Targe 15 above and some profit booking will be done and will fal back to the base level
3. Lot of PE writings done in this weeks expiry 17800 17900 , and CE writing was less as compared to Pe writing , Short covering was done in CEs , FOr this expiry the Range wil be 17900 to 18100 .
HDFC twins are seen in action so probability of Bull run is not ruled out , NIFTY ready to bounce back to Highs
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Mother SUMI Long Term1. Auto Sector In Eeading Quadrant in RRG .
2. Supply is getting exhausted , Upward Move is expected
3. Strong Support at current levels
4.18.21% away from 52 week high , Bound to go Up
5. F&O data suggests Short Covering today
6. Strong Financials , DII Share is increasing FII decreasing .
a. Market Leader , Mutual Funds have increased holdings from 9.72% to 10.46% in Sep 2021 qtr.
b. Over the last 5 years, revenue has grown at a yearly rate of 9.18%, vs industry avg of 6.3%
c.Over the last 5 years, market share increased from 26.1% to 32.06%
d.Over the last 5 years, free cash flow growth has been 83.13%, vs industry avg of 12.11%
e. PE ratio is better than other players , Beta of 1.74
Take 20% position at Current levels .
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KNR Construction .LONG TERM 1. Forming an Inverted Head and Shoulder pattern .
2. Volumetric profile shows , Buyers will come up
3. RSI above 60 and moving uP .
4. Over the last 5 years, revenue has grown at a yearly rate of 19.75%, vs industry avg of 4.57%
5. Company able to generate Net Cash - Improving Net Cash Flow for last 2 years
6. 12.81% away from 52 week high
7. FII/FPI have increased holdings from 2.29% to 4.29% in Sep 2021 qtr.
8.Institutional Investors have increased holdings from 36.64% to 38.15% in Sep 2021 qtr.
9. Trade when it moves above the necline with High Volumes .
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BALAMINE LONG TERM1. Its in Accumulation phase .
2. Over the last 5 years, revenue has grown at a yearly rate of 15.32%, vs industry avg of 3.49%
3.Over the last 5 years, net income has grown at a yearly rate of 32.82%, vs industry avg of 10.86%
4, Strong Financials :-
3 year CAGR growth
Revenue 14.9%
NetProfit 28.1%
OperatingProfit 25.3%
5.34.72% away from 52 week high , Nice correction has given opportunity to accumulate at these levels
6.FII/FPI have increased holdings from 2.35% to 4.0% in Sep 2021 qtr.
7.Institutional Investors have increased holdings from 2.65% to 4.49% in Sep 2021 qtr.
8.1 Month: Delivery volume fell by -42.05%
9.1 Day: Delivery volume increased by 386.08% over 5 day average
TRIGYN Tech1. Break out with High Volumes ,
Current price is less than the intrinsic value
2.FII/FPI have increased holdings from 0.01% to 0.25% in Sep 2021 qtr.
3.Institutional Investors have increased holdings from 0.01% to 0.25% in Sep 2021 qtr.
4.3 year CAGR growth
Revenue 13.0%
NetProfit 16.4%
OperatingProfit 14.6%
5.1 Month: Delivery volume increased by 185.34%
can be a multibagger in the long run
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Law Of conservation in BITCOIN In the previous post i have identified the head and shoulder pattern and Bitcoin Behaved as per that . I ahve developed a Theory based on Fibo and Law of conservation which is as under :
Theory : Everything follows the Universal Law of conservation of Energy, if the same is applied in BITCOIN, its gives very similar results in the past , Cycle is repated Just like fibonachi , the number repeats with a particular pattern Its based on assumption that , Unless the Prices are Influenced by the Unnatural disasters like , War , Or man made Economic meltdown , the Pattern will follow the same Pattern and is repeated based on Fibo Numbers .
Interpretatioon :
1. as per the Previous pattern in Block 1 spanning 144 bars(Daily) , the price rose to 164% and corrected with smaller block -30% fall in price in 62 bars (Daily ) .
2. Similar Pattern was follwed in making the Block 2 with 135 bas and 121% rise in price from the correction , the correction will last 62 bars ( Daily ) untill it reaches the Bottom of the Head and Shoulder Pattern observed in the previous study (check the link below )
3. as per the block carried forward the third bloack will be formed with 135 bard and price rise as per fibo by 94%
4. Base of the blaock where the BTC ill start the upward move wil be from Target 1 around 40K
TARGET 1: 43000 time : 6th feb 22
TARGET 2: 60000 time : March 22
TARGET 3: 51441 Time : 17 Apr 22
TARGET 4: 73534 Time : may 22
TARGET 5 : 61939 Time : 24 Jun 22
5. This throry is supported by the Volumtric profiles formed at base of 34159 m and it will bounce before that some profit booking may lead to fall till 35k
6. Seconf volumteric prfile of Block 2 is at 46682 which supports the price ris when the target 3 is reached , base will be formed at that level
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Support by donating some cheers
NIFTY INYTRADAY 10012022 1. Go long at the supports , and short on the resiaitce
2. NIFTY is bullis till it remains above 17500
3. Will open 60 Points Gap Up tomorrow , selling willbe seen adn will back to previous days high .
4. this week expiry lot od calls are sold at levels 18000 an 18200 levels so it will remain below that levels only
trade as per targets shown and entry and exit as per the levels at Lower TF
LIKE IF YOU AGREE if the TRADE GOES AS PLANNED .
SHYAM Metallics1.Integrated Business
2. Near to coal and ore mines
3 year CAGR growth
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Revenue 18.2%
NetProfit 25.7%
OperatingProfit 25.7%
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4.23.86% away from 52 week high
Mutual Funds have increased holdings from 1.61% to 2.34% in Sep 2021 qtr.
Strenths
XX Rising Net Cash Flow and Cash from Operating activity
XX Strong Annual EPS Growth
XX Growth in Quarterly Net Profit with increasing Profit Margin (YoY)
XX Company with Low Debt
XX Increasing Revenue every Quarter for the past 4 Quarters
XX Company able to generate Net Cash - Improving Net Cash Flow for last 2 years
XX Book Value per share Improving for last 2 years
XX Company with Zero Promoter Pledge
5. Market Cap - High in industry
6. 1 Day: Delivery volume increased by 83.93% over 5 day average
ROCE increasing FY : 32
Target price : 890 by FY 24 , Considering Cash Flow Statements .
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NIFTY INTRADAY 100120221. Trade as per the levels ans the targets
2. NIFTY if Opens GAP up will move toward the 18000 Mark
3. NIFY will GAP up around 60 Points and will hower around 17900 , ANd will fall back o Target 13
4. 13th Week NIFTY xpiry lot of CE writing is being done at 18000 ans 18100 levels , week will not break 18000 levels
TRADE AS PER THE TARGET
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MICROSOFT Short Term View Bearish Or Bullish 1. Hidden Bearish Divergence
2. Making a double top and Mild Volume profile support at Target 1
3. If he Candle forms Bearish closing daily candle will fall back to Target 2
4,RATIONALE for Bullish Move :
4 a. Can take regression Channel Support and move UP
4 b . Its taking 100 EMA support in Daily TF since Corona Meltdown in March 2020 , May bounce back from there
4 c . Mild support as pr FIBo will push the Price Up , Observe for the Volume building up in Lower TF , If it increase go Long
4 d . Volume squuzed up after profit booking at Demand Zone around 280 levels , May touch and Bounce
4 e. It filled the gap and touched 310 levels and formed a doji candle may consolidate a bit and rise above the 310 levels , wait for candle confirmation in Daily TF
5. RATIONALE for Bearish Move :
5a Next Fibo support at lower levels and next volume support at lower levels .
5 b if there is no accumulation will fall back at the lower levesl , Volume will decide if it goes up from these levels
BULLISH PROBABILITY IS MORE THAN BEARISH .
LIKE IF YOU AGREE WITH THE ANALYSIS
TVS MOTORS IS it time to Run ??1. Confluence of Volumetri profile
2. Supply is exhausted
3. Rsi rising
4. Improvement in AUTO sector lead by maruti , 10 % upside in the indes auto is expected .
5. Observe the targets as shown 674, 701, 731 and 765 as per FIbo
6. Multi Months Breakout watch for Volumes in Coming 2-3 days .
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BANKNIFTY INTRADAY 070120221. Observe the levels as per the chart ,
2. Banknifty lot of selling by the FIIS , BNF will fall back to the major support level
3. Action line drawn in Yellow shade
4. No trending move unless Sellig is done by FII in Private banks , as discussed earlier the Banks are trading at the upper zone .
5. BNF will fall at lower levels ad rise .
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NIFTY INTRADAY 070120221. MArker will trent in the Zone as shown by the Support and resistance zone
2. Selling was done by FII today if the selling is continued , Clear trend will come in the downward side
3. Lot of CE selling at the 18000 and above levels , till 13th January market will be a bit resistant to move up
4. IF DII is not buying then Clear down ward trend till the next Support level
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TRADE IN THE ZONE , Short strangle at 9:20 exit at 1:30
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Long only on DIPS
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