CRISIL trade ideas
CRISIL LTD S/R Support and Resistance Levels:
Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline.
Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down.
Breakouts:
Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold.
Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying.
MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) :
Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum.
Below EMA: If the stock price is below the EMA, it indicates a potential downtrend or bearish momentum.
Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set.
Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward.
Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop.
Disclaimer:
I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
CRISIL LTD S/RSupport and Resistance Levels:
Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline.
Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down.
Breakouts:
Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold.
Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying.
20 EMA (Exponential Moving Average):
Above 20 EMA(50 EMA): If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum.
Below 20 EMA: If the stock price is below the 20 EMA, it indicates a potential downtrend or bearish momentum.
Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set.
Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward.
Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop.
RSI: RSI readings greater than the 70 level are overbought territory, and RSI readings lower than the 30 level are considered oversold territory.
Combining RSI with Support and Resistance:
Support Level: This is a price level where a stock tends to find buying interest, preventing it from falling further. If RSI is showing an oversold condition (below 30) and the price is near or at a strong support level, it could be a good buy signal.
Resistance Level: This is a price level where a stock tends to find selling interest, preventing it from rising further. If RSI is showing an overbought condition (above 70) and the price is near or at a strong resistance level, it could be a signal to sell or short the asset.
Disclaimer:
I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
Go long - swing pick
- this stock shows signficant delivery percentage value
- possible chances for accumulation
- may perform good in upcoming days
- this stock is picked after market close based on delivery qty data.
- follow this stock for next 5 days , if entry not triggered with in 5 days , ignore pick
- line marked in chart is the day it showed huge delivery percentage.i consider it as signal candle.i marked its high and low
entry
- go long with 1:1.5 RR
- take entry if 15min close crosses the line , ignore entry if it made gap ups
- i prefer entry with in 5 days , if not triggered ignore this pick
sl
- candle close below signal candle's low
target
- keep 1.5 times of sl.
Crisil can create an upmoveCRISIL Ltd. is a globally diversified analytical company, which engages in the provision of ratings, research, and risk and policy advisory services. It operates through the following segments: Ratings, Research, and Advisory. The Ratings segment includes credit ratings for corporates, banks, small and medium enterprises, training in the credit rating field, credit analysis services, grading services, and global analytical services. The Research segment includes high end equity research, industry reports, customized research assignments, subscription to data services, and initial public offering (IPO) gradings and training. The Advisory segment comprising of infrastructure and risk solution business showed marginal growth despite a challenging economic environment.
CRISIL Ltd CMP is 4435.70. The positive aspects of the company are Company with No Debt, Improving Net Cash Flow , Company with Zero Promoter Pledge, FII / FPI or Institutions increasing their shareholding and MFs increased their shareholding. The Negative aspects of the company are High Valuation (P.E. =49.9), Companies with high market cap, lower public shareholding.
Entry can be taken after closing above 4465. Targets in the stock will be 4674 and 4893. The long-term target in the stock will be 5151 and 5256. Stop loss in the stock should be maintained at Closing below 4058 or 3876 depending on your risk taking ability.
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.
How to trade CRISIL for 1 yearCrisil, now at 4130 on June-20-2024 :
Per ongoing pattern, CRISIL looks good for investing and holding for an year
If this cannot hold th elower trendline and falls, then average at around 2630-3650
with a stoploss at 3350
On the upside, per pattern, this can go till 6000 in an year's time
FYI, i invested today
swing pick - buy at zone this zone marked is potential reversal zone . expecting reversal from that zone.buyers can look for buying confirmation inside the zone.
-- for target , mark fib retracement on C to latest swing low and keep 0.5 fib value as tgt.
-- sl is candle close below zone
-- if candle closed below this zone , this pattern is invalid. ignore this pick
Quarterly result trade in JHUNJHUNWALA stockCrisil Ltd. the famous multibagger stock of Late Sri Rakesh Jhunjhunwala portfolio has posted its best ever quarterly result, revenue of 918 cr and net profit of 210 cr. For the first time ever it has crossed 200 cr quarterly net profit. The yearly sales has also crossed 3000 cr and net profit of 650 cr for the first time ever. It is an excellent result by the company. The stock is expected to rise up in the next week and can be considered a good buy for the next week time period and also it can be considered an excellent pick for long term investing because of continuous growth every year and future growth potential.
Please invest after your own analysis.
May this analysis post positive profit in your portfolio.
Thank you
BO After a very long consolidation #SuperchartzKey Levels:
Support:3800
Resistance: 4000
Heres the write-up:
1. **The Prelude of Potential:** Imagine a market flag gently unfurling amidst the bustling financial landscape. This quiet moment signifies an impending revelation, a prelude to a grand performance on the trading stage.
2. **Consolidation's Elegant Embrace:** Within this flag's cozy embrace, a symphony of price movements harmonizes into a mesmerizing consolidation. It's like nature's pause before a lightning strike, a strategic gathering of energy.
3. **Whispers of Transformation:** The flag pattern whispers secrets of change as traders gather their wits during the consolidation phase. It's a backstage moment before the grand unveiling, an intimate glimpse of potential transformation.
4. **Unleashing the Breakout:** Suddenly, like a masterful magician's trick, the flag dramatically breaks free from its calm cocoon. This is the crescendo of anticipation, the stage where the trading world holds its breath.
5. **Tales of Trend Continuation:** The breakout paints a vivid story of trend continuation. It's the sequel to a blockbuster movie, where the audience's expectations are met with exhilarating action and movement.
6. **The Rush of Momentum:** Just as a flag flutters with newfound freedom, the market races with a rush of momentum. It's a thrilling ride, a surge of energy harnessed from the carefully crafted consolidation.
7. **Navigating New Territories:** Traders, armed with insights, ride the breakout wave towards uncharted territories. It's the thrill of exploration, a chance to conquer unexplored heights on the trading horizon.
8. **Glimpses of Victory:** As the flag soars high in the sky, triumphant and free, traders find themselves in a position of victory. It's a badge of honor, earned through careful analysis and daring execution.
9. **Crafting Legends:** The flag breakout with a strong consolidation becomes a chapter in the trader's legendary journey. It's a tale of strategy, courage, and seizing the moment with potential.
10. **Rewards of the Bold:** In the end, the significance lies in the rewards reaped by those who recognized the allure of the flag's embrace and dared to follow its breakout call. It's a testament to the art of trading, where innovation meets opportunity in a dance of financial prowess.
Remember, within the delicate folds of a flag and the powerful burst of its breakout lies a world of opportunity, waiting to be unveiled by those who embrace its enticing allure.
Crisil coming out of Cold; Looks Bold.Crisil limited is an Indian analytical company providing ratings, research, risk and policy advisory services. Crisil operates in wide range of essential financial products for a wide range of market segments. CMP – 3044.50. Negatives of the company are that they have high valuation (P.E = 38.7), declining quarterly net profit, declining annual net profit and decreasing net cash flow. Positives of the company are that they have no debt, zero promoter pledge, improving book value per share, FIIs and MFs are increasing stake. Entry in the stock can be taken after closing above 3095. Targets will be 3190 and 3306. Stop loss in the company should be maintained at closing below 2940.