samplespaz
NSE:APOLLOHOSP Large cap Health care stock is forming triangle pattern with 4 months support line and 9 months resistance line with 4 rejections. Previous support line was broken at 2022-04-29 and fallen 25%, hence this time enter only on strong breakout and follow strict SL. Shorting can be attempted with triangle's support is broken strongly, and SL need to...
NSE:TATAELXSI large cap IT stock is near the support of channel pattern formed since 2021-04-01 Pros: Consistent increase in Revenue and Profit Zero net debt, very low debt to asset ratio Consistent dividend payer Cons: Trading at very high PE ratio. Short term : For short term gains, buy at channel bounce around 8700 and above and exit at 20%...
NSE:HDFCLIFE large cap stock trading at 30% below it all time high formed a year ago (2021-09-02) is near the support of channel pattern formed from its inception in 2017. Fundamentally strong company with good PE ratio, Dept to asset ratio, financially good revenue and profits, holdings wise no major sell off, consistent dividend payer. Short term : For...
NSE:MAGADSUGAR small cap is forming triangle pattern . PE lower than peers . Consistent dividend payer. Key note : Always follow proper risk management to avoid losing capital from false breakouts as this is common. Caution : This is a knowledge sharing analysis, not a call.