#aplapollo

price poised nicely to reverse from here
trades near to channel bottom while major trend is up

#RADICO - some inherent changes going on in the alcohol sector - TradingView -

Another JV from PI Industries, they recently incorporated another subsidiary by the name of PI Health sciences.

Interesting signalling here:

1. Acquisition of IndSwfit's api business
2. Incorporation of 3 subsidiaries: PI Enzachem Pvt ltd and PI Fermachem Pvt Ltd

Pi Health sciences.

3. Now this JV.

Let's see what is ahead of us, increasing optionalities for sure!

#Divislab - daily -held 5k at #Ichimoku cloud support. Consolidation on - big breakout above 5270.Daily RSI 55+ weekly RSI 67+

Targets - 5280/5350/5450
Supports 5k/4850 strong support 4750
View negated below 4800 weekly close.

#ChartswithMS #Technicals #NiftyPharma #nifty50

#Reliance
2 Active Super pattern Now Bullish Turtle Breakout
expect 3700/3800
#AhmedabadNest #RelativeStrength #Outperformance #India #investing

#RADICO

Premium products being launched... Management showing real intent... Realisations from product mix change should take off

@soicfinance @dadalife369

BAJAJ FIN FUT 7855
Khela hobe...?

@flyingvikas129 @dtbhat

#Tatapower futures on short term charts - the power of pullback and reversal at SMA - this kind of trades discussed by @Techtrail many times in his weekly webinars @Definedge

#GNFC #chemical

Thread on #GNFC (#attractive valuation)

✨Chemical (~70%) + ✨Fertilizer (~30%)

🧐Technical View :
⭐️Stock crossed major res of 452
⭐️Retesting strong support levels
⭐️Movement from here will take it to test ATH
⭐️Stock consolidated well & is above 10EMA

🧐Numbers : In Crs

⭐️Revenue TTM: 5823 (~1.25 Sales) Cheapest among peers 👍
⭐️EPS TTM: 60 (PE 7.8) Looks attractive even after the run up 👍
⭐️Debt Free : 👍

🧐Now lets look at fundamentals

Products and capacities:
Many of the products at multiple yrs BO or 52 weeks High🚀

⭐️TDI : Monopoly - Used in Mattress, Car seats (Inc of 40%, EBITDA ~45-50%) #sheelafoams #berger #sleepwell

Methanol : 2x of LY ⭐️
Urea: 13 years high ⭐️
Aniline, Acetic Acid, Nitric Acid, Ethyl Acetate, Formic Acid : Import substitutes ⭐️

Competing companies : #jubilantingrevia #laxmiorganic #deepakfertiliser #GSFC #IOL and so on

✨No company has this diverse and vast capacities✨

Most of the products are unique and import substitute. Poised to take benefit of China +1 Story.

TDI : MS of 65%
Aniline, Formic Acid : More than 50%
Acetic Acid/Urea/Methanol: One of the largest player

Best in class technology with world class technology partners :

#BataIndia - weekly - breaking previous highs - keep 1885 as a trailing SL and hold. RSI 76+

Targets - 2040/2140/2200
Supports 1880/1800 ;strong support 1730

View negated below 1780 weekly close.

#ChartsWithMS #Technicals #Nifty50

#IGX (Indian Gas Exchange) Revenue Calculation

Watch this video to understand #IEX(Indian Energy Exchange) Business model
Link : https://t.co/rqll7Ct9Cn

Like, retweet & share with your friends !

I have earlier shared some setups/strategies for Intraday. One of them was ORB (opening range breakout) setup.. but I still get DM about this. So here's a thread about how to find ORB stocks: (1/12)

Stocks that are in consolidation or on the verge of a breakout and has already given a breakout from consolidation - both category stocks should be in your watchlist.

Now the question is.. with so many stocks around, how one must filter and check? (2/12)

I mostly trade in F&O stocks in Intraday - it has 188 stocks after new addition and can be filtered as per sector rotation.
Find the sector or theme with good recent performance and keep its stocks in watchlist. I keep an alert for breakout price when I see a good chart. (3/12)

Another way to filter stocks is to keep an eye on the new additions in the F&O and the stocks that are in news.

Not every stock gives a move of 7-8%. Look for stock that move 7-8% in one go when they give a breakout (Stocks unlike ITC that moves once in a year). (4/12)

There are a few stocks that are tailor made for ORB. And those stocks should be in your watchlist.
IRCTC, Mindtree, Bajaj Twins, IEX, TataElxsi, Naukri, Coforge are some great examples. Rest you can observe and add.
Recent examples 👇(5/12)

AdaniEnt :
Breaking out on Medium term charts !!!
#Adanient
#nifty
#banknifty
#EquityDynamo