Salzer Electronics Ltd - 23.03.2023Salzer Electronics Ltd - 23.03.2023
The Prices are below EMA in weekly chart
The immediate resistance zone is 261
one can initiate a long position at current levels (253.50) with support @ 239 for further upside price movements.
stochastic is ticking up in weekly charts
watch out for the price action
Nseindia
HBL POWER SWING TRADING STOCK:
HBL Power Systems Limited is one of the world’s leading manufacturers of advanced-technology batteries (Lead Acid, Nickel Cadmium & Special Defense) & DC systems for various industries.
4Times SUpport from Trendline on DAILY Timeframe and also 200MA Support but Facing Resistance on1Hr TF.
Track this stock for few days.
NSE:KRBL Company website krblrice.com
World's largest rice miller. It is best known for its India Gate brand of basmati rice, which is the largest selling rice brand in India
Also World's largest Basmati Rice exporter with channels in more than 82 countries
Lowest price to earning at 12, Market Cap: Rs. 5,700cr ( $ 750 million)
6% debt vis a vis peer companies debt @ 25%
Other brands- Doon, Nur Jahan, Indian Farm, Bemisal, Aarati, Unity, Lotus, Taj Mahal Tilla, Shubh Mangal, Necklace, Lion, Al Wisam, Train, Al Bustan, Telephone, Southern Girl, Alhussam, Blue Bird, City Palace
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Fundamental change- Share has been muted for years, war escalates commodity prices, demand will only increase while countries face a supply crunch, agro sector stands to gain, just how metal sector is outperforming. Local target 580, but if hold long enough- 4 years, see a 5x return.
#banknifty look good on both side $BANKNIFTY1! global data seen negative
but we need to prepare on both side movement
we need to see global market closing at the morning
1) if positive we short Banknifty or buy PE at 42000 nearby level
2) and below level we taking PE by trialling stop loss
3) if sustain above trend line we buy for the target at upside
ADANI/INR ( Still Big Dump Expecting as per Technical AnalysisTechnical Analysis of ADANIENT/INR:
ADANIENT is currently trading at ₹1615, which has seen almost a 20% rise within 2 days after a significant fall of 75% within 3 months. Many retailers attribute this fall to the Hindenburg Report, but I believe that the retailers may be wrong. The decline began in December 2022, and a strong reversal pattern formed at the top. Therefore, smart players had already exited by the end of December and January.
The Hindenburg Report came on 24th January, by which time ADANIENT had already given a strong reversal pattern. Therefore, I believe that this news might have been pre-planned. It is essential to be smart and trade smartly in such situations.
As per the chart, the downtrend of ADANIENT is still ongoing, but I believe that it may test the ₹2364 level again, which is around a 50% rise from the current price. However, after retesting resistance, another dump is expected.
The major support level is ₹1360, and if any HTF candle closes below it, then another significant drop is expected. If the support level of ₹1360 is broken, then we may see ADANIENT at the ₹500-₹700 level.
The Fib retracement support is also around those points. 0.5 FIB = ₹704, 0.618 FIB = 460. Long-term support TrendLine is also near the FIB Retracement levels.
It is essential to note that this process takes time, unlike Crypto, and it may take around 2-3 years in my opinion.
If ADANIENT breaks the price level of ₹3011, then the bearish sentiment will end.
My Key Levels:
Support: ₹1360/$704
Resistance: ₹2364
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Happiest Minds, made a nice bottom and price pumps up. 350% Hello Friends,
Happiest Minds - Quality Midcap in the IT sector.
Technically, It made a nice bottom and preparing for next rally. As per the fib extension, I am expecting 1500, 1900, 2700 as targets. Well, it could take multiple years to happen.
Good for accumulation in long term.
Let me know your thoughts, please
BOSCH - NSE - INDIACompany website- www.bosch.in
Founded in 1886, into multinational engineering electronics, presence is over 60 countries worldwide.
Major product line-
Automotive Aftermarket parts ( battery, spark plugs, wipers, brakes, clutch plates etc ) and smart mobility ( autonomous and Iot enabled )
Household appliances- fridge, dishwashers, washing machines, microwaves etc
Powertools, software, engineering etc - Huge diversity of business.
Invested into the blockchain for future growth.
Financials-
Assets worth 9000cr, zero debt, high brand value, fv 10- becomes a candidate for split/ bonus
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Inverted head and shoulder pattern = classic reversal
A strong buy.
OFSSOracle Financial Services Software Ltd.
Oracle Financial Services Software Ltd. is forming a good pattern, there is a good accumulation happening at current levels.
Oracle Financial Services Software Ltd. is Symmetrical chart pattern breakout wait for entry about of confirmation candle.
This channel is for only educational purpose. Any Profit/loss, I am not responsible.
Sector: IT - Software
Industry: Computers - Software - Medium / Small