The idea here is about Shree Renuka Sugar: Shree Renuka Sugars Ltd is a fully integrated player focused on manufacturing and marketing of sugar, power and ethanol. The Products portfolio of the company includes: Sugar, the company manufactures refined sugar confirming to EU standards it is the higher end product consumed by European and African Countries and is...
INDIA WILL ALWAYS BE THE BEST INVESTMENT AT ANY ANY TIME. NIFTY 50 IS A GREAT INDICES TO BE INVESTED IN. many of them ask will nifty 50 cross 18000 again this year, i say yes, and even say yes for one more question: will nifty 50 be still bullish in 2023. there are many reasons of it, and i have covered it in my previous analysis(check the lin section). i have...
The idea here is about IDBI Bank Ltd: IDBI Bank Ltd. engages in the provision of commercial banking services to retail and corporate customers. It operates through the following segments: Corporate and Wholesale Banking; Retail Banking; Treasury; and Other Banking and Group Operations. The Corporate and Wholesale Banking segment includes corporate relationship...
The idea here is about Borosil Ltd: Borosil is India's most trusted glassware brand since 1962. Synonymous with heatproof glassware, it is the market leader for consumer glassware in India, USA & Netherlands. mentioned below are the points to be considered. Points as per TA on a Hourly, Daily &Weekly Chart: 1. Trading in Ranging Market(Daily chart) since 11th...
The idea here is about VIP Industries: V.I.P. Industries Ltd. engages in manufacturing and marketing of luggage, bags, and accessories. The firm's product includes hard and soft luggage-trolleys; suitcases, duffle bags, overnight travel solutions, executive cases, backpacks, and travel accessories. Its brands include VIP, Carlton, Caprese, Footloose, Alfa,...
The idea here is about Deepak Nitrite: Deepak Nitrite is a leading manufacturer of organic, inorganic, fine and specialty chemicals. The company`s product range includes a spectrum of chemicals which caters to a wide range of industries including Colorants, Agrochemicals, Pharmaceuticals, Rubber, Specialty & Fine chemicals. 1. Broken out of Falling Wedge on a...
The idea here is about Madras Fertilizers: Madras Fertilizers Ltd. engages in the manufacture and marketing of ammonia, urea, and complex fertilizers. It also produces bio-fertilizers and markets organic fertilizers and neem pesticides. I am short term bullish on Madras Fertilizers due to below observed technical factors. 1. Contracting or Symmetrical triangle...
The idea here is about Lumax Industries: The Company offers a range of complete automobile lighting systems and solutions, which includes head lamps and tail lamps, sundry and auxiliary lamps and other related products and accessories for four wheeler, two wheeler, trucks, buses, earth-movers, tractors and a range of applications. Mentioned below are the points...
The idea here is about ACC LTD. mentioned below are the points to be considered Points as per TA on a Weekly Chart: 1. Inverse Head & Shoulder Pattern almost complete. 2. Bullish Ascending triangle formation with top flat & bottom rising. 3. Trading way above 20 & 200 EMA on weekly chart. 4. Strong Kumo breakout on weekly chart (Ichimoku Cloud). 5. RSI is...
The idea here is about Havells India: The company is engaged in the business of Switchgears, Cable and Wires, Lighting and Fixtures, Electrical Consumable Durables. 1. Engulfing candlestick formation on a weekly chart at the time of publishing. 2. Neckline broken on Double bottom pattern with good volume & may retest the neckline. 3. Downtrend Channel broken &...
The idea here is about Ipca Laboratories: Ipca Laboratories Ltd is a fully-integrated Indian pharmaceutical company manufacturing over 350 formulations and 80 APIs for various therapeutic segments. 1. Bullish Cypher pattern completed on a daily chart potential trend reversal expected. However, if the trend continues downward then the pattern is nullified. Out...
The idea here is about GRP LTD: GRP Ltd is engaged in the production of reclaim rubber from scrap of whole tyres, tread peelings, natural rubber tubes, butyl tubes, molded rubber products for different applications in both, tyre and non tyre rubber products.. 1. Broken out of Ascending Triangle, Double bottom & retesting of support & neck level in progress at...
The idea here is about Jubilant Foodworks. Mentioned below are the points to be considered Points as per TA on a Weekly Chart: 1. Hammer candlestick formation on a weekly chart at the time of publishing. 2. Bat Pattern Completed. 3. Ascending Triangle Formation in place. 4. Support established on 20 EMA on a weekly chart & trading below 50 EMA & above 200...
The idea here is about HGS ( Hinduja Global Solutions). Mentioned below are the points to be considered Points as per TA on a Weekly Chart: 1. Crab Pattern Completed. 2. Cup formation under completion with today’s trading, wait for pull back & break above the current resistance as per chart. 3. Trading way above on 50, 20 & 200 EMA on weekly chart. 4....
The idea here is about TECH MAHINDRA Mentioned below are the points to be considered Points as per TA on a Weekly Chart: 1. Crab Pattern Completed on a weekly chart. 2. Break out of Downtrend channel with good Volume. 3.Trading way above 20 EMA on weekly chart. 4. MACD over Signal line on weekly chart . 5. RSI is at 56.80 on a weekly Chart. 6. May retest the...
The idea here is about BERGER PAINTS Mentioned below are the points to be considered Points as per TA on a Weekly Chart: 1. Crab Pattern Completed on a weekly chart. 2. Elliott's Wave Corrective wave completed and price has broken out of Downtrend channel with good Volume . 3. Trading way above 20 EMA on weekly chart. 4. MACD over Signal line on weekly chart...
We have seen a retracement from the symmetrical triangle first it broke symmetrical triangle but not sustain and again went for reversal, See on the chart