Swift Swing Traders (Technical + Fundamental Knowledge)

#SwingTrade

SUYOG

CMP:- 1867

*Entry near retest zone between 1810 -1790

Targets:- 1966, 2077

SL:- 1675

🔅 Technical Analysis 🔅

👉 Stock gave strong breakout of the rectangle pattern
👉 Breakout witnessed with strong volumes indicating good investors participation
👉 Jumped from 9 DEMA
👉 Entry near retest zone for good risk to reward ratio

#SwingTrade

CDSL

CMP:- 1600

*Safe entry above 1642

Targets:- 1860, 1984, 2070

SL:- 1419

🔅 Technical Analysis 🔅

👉 Stock has been in a strong uptrend on a higher timeframe
👉 It has been following breakout continuation patterns
👉 Currently, the RSI is at 60 and MACD crossover done, stock has a chance to give a breakout again
👉 Volume pop-outs visible

🟢🟢🟢

With Donald Trump winning the U.S. presidential election, the U.S. markets opened very strong today. The S&P 500 and Nasdaq are up 2%, while the Dow Jones is up 3%.

We can expect a similar reaction when our market opens tomorrow. 📈

SUPRIYA

Our Diwali Pick

623 to 689

11% ROI covered ✅

KIRLOSBROS

5% up now 📈

#PositionalTrade #SwingTrade

MRPL

CMP:- 166

👉 Looks good to add until 155 levels 👉 Superb price-action chart setup with Multiyear breakout retest
👉 Good buying volumes were witnessed yesterday
👉 Expecting it to test ATH again in mid-term

👉 250 is the nearest srong resistance - Can consider this level as Swing Target

👉 289 is All Time High - Around 70% returns potential

WAAREE

3200 Hit 🎯

3400 high made

18% awesome returns in just 3 days 👌

KIRLOSBROS might give opportunity to accumulate between 1930 to 2020 levels.

Those who missed entry can look for dips between these levels for positional setup.

Swing Targets can be 2260, 2450

Positional Target:- 2680++

WAAREE ENERGIES

3100 already 👌

Heading towards 3200 ✈️

KIRLOSBROS

Indeed a gem! 💎

9% up today 🔥

KIRLOSBROS

5% Up now 🔥

7% already covered from our entry point 👌

WAAREE ENERGIES

3000 hit 🎯

10% returns covered 👌 in just 2 days

There's still some more steam left in this counter. I think 3200 is not too far for it to reach.

In short, the main reasons for today's market struggles are:

U.S. election uncertainty and what it means for future policies. This led to heavy FIIs selling in the Indian market.

Interest rate decisions from major central banks this week.

China’s economic announcements that have left investors with mixed feelings.

Expect the market to settle down once the US is done with it's elections. Until then we might witness heavy volatility market-wide.

⭐ Other Reasons Behind Market Movements

👉 Rate Decisions by Central Banks: Big announcements are expected this week from the Federal Reserve, the Bank of England (BoE), and others. The market is waiting to see if the Fed will cut interest rates by 0.25%. This uncertainty is making investors careful. The BoE also faces challenges after recent drops in the bond market, which pulled the British pound down.

👉 China's Economic Plans: China’s top leaders are meeting this week to discuss how to boost their economy. There are reports they might approve over 10 trillion yuan in extra debt to help the economy recover. But experts say that moving local debt to the central government may not quickly boost demand.

👉 Oil Price Rise: Oil prices are up as OPEC+ decided to delay increasing oil production, which adds to the complexity of the global market.

Nifty 50 down 🔻 1%, Why?

The Nifty 50's 1% drop and the overall decline in stocks are because of global caution. The uncertainty from the U.S. elections, upcoming interest rate decisions, and mixed reactions to China’s financial policies are making investors take a step back.

⭐ Impact of the U.S. Elections on Global Markets

👉 Close Competition: The U.S. presidential race is extremely close, with Kamala Harris and Donald Trump almost tied in opinion polls. This uncertainty is making global investors nervous, as they don't know what kind of economic policies will follow after the elections.

👉 Changes in Expectations: The chances of a full Republican win have dropped from 48% to 36%, according to Polymarket. This shift has weakened the U.S. dollar as investors pull back from betting on Trump’s previous “pro-business” policies.

👉 Policy Differences: If Trump wins, his focus on tax cuts and tariffs could push up inflation and strengthen the dollar. Harris is seen as someone who would keep things steady without major changes.

#SwingTrade #PositionalTrade

KIRLOSBROS

CMP:- 1917

*Can accumulate this gem at major dips.

👉 Excellent balance sheet with net profits increasing YoY.
👉 Debt free company with good fundamentals
👉 Stock P/E comparitively less than Sector P/E
👉 Expecting more than 50% ROI in medium term.

#PositionalTrade #LongTerm

ESCORTS

CMP:- 3520

👉 Escorts down on the news of Sona BLW Precision Forgings Ltd., also known as Sona Comstar, acquiring the Railway Equipment Division of Escorts Kubota for Rs 1,600 crore. This means Sona Comstar will now own this part of the business, which focuses on making equipment for railways.

The company mentioned that this deal will be beneficial for its earnings from the very first year.

👉 As per the previous trends, ESCORTS has been respecting the 20 MEMA support and is currently trading near it.

👉 At CMP, ESCORTS can be accumulated for long term or a positional trade with a holding time of 8 months

👉 Fairly valued company with good fundamentals

DMART

4224 high made

6% movement

👉 Just a sparkle ✨ out of many fireworks 🎇 coming in near future 🙂

PCBL

4% Up now 🔥

🔅

According to the chairman, PCBL plans to invest ₹35,000 crores in the next 12-18 months and up to ₹50,000 crores over the next three years to expand capacity and enter the global specialty chemicals market, especially with Aquapharm’s acquisition.

🔅 Stock Price Estimate: Assuming the P/E remains at 33.5, the stock could rise to ₹1655 in five years, a potential 400% increase, fueled by growth in higher-margin segments.

Overall, PCBL seems well-positioned for the future, with steady demand for carbon black and specialty chemicals likely to support continued growth.

🌟

Being part of the RP-Sanjiv Goenka Group gives them easy financial backing. They’ve shifted focus to specialty black products and also sell surplus power from their plants to balance out market fluctuations. Recently, their subsidiary Advaya Chemicals bought Aquapharm Chemicals, funded by borrowing, which expands PCBL’s product range.

PCBL’s debt-to-equity ratio is low at 0.4, but the Aquapharm acquisition could slightly impact this. They’re ramping up production in specialty chemicals, which should boost income. The goal is to smoothly integrate Aquapharm and reduce debt, key for long-term stability.

Crude oil prices and currency fluctuations can affect PCBL, but they’ve managed these risks well so far.

☝️News dated 30 July, 2024

Please take time and read this:-

Chairman Sanjiv Goenka projects that PCBL's profit could increase fivefold over the next five years, potentially reaching ₹2,400-2,500 crores, which could result in a future profit of around ₹12,250 crores. Margins are expected to improve from the current 16% to approximately 18%, driven by the focus on high-margin segments like specialty blacks and new ventures in chemicals. The group aims to achieve a market capitalization of ₹2 lakh crores within the next 30 months.

🔅 Now, let's understand what PCBL does :-

PCBL Limited, a leading carbon black producer, is India's largest and ranks seventh globally. Its products primarily serve the tyre and rubber industries, with additional applications in plastics and electrical sectors, including batteries. The shift towards electric vehicles (EVs) is expected to drive demand in the tyre segment.

PCBL can correct until 370 to 350 levels, hence investors can look out for these levels or can accumulate at very dip.

#LongTerm

PCBL

CMP:- 446

Targets: 5x from CMP

👉 Considering the growth prospects and P/E ratio as compared to the sector, PCBL still looks a good buy for long term at current price.

👉 Stock has tumbled 23% from the ATH level of 584

👉 Company has some strong promotors and the company chairman is expecting 5 times profit growth in the next 5 years to upto Rs 2,500 Crores.

#PositionalTrade

📈 Technical Analysis

DMART

CMP:- 3987

Upside potential:- 5900++

Expected ROI from current levels:- 50% ++

👉 After falling 27% from it's recent high, stock is expected to consolidate in the range between 4220 and 3800.
👉 This range can be considered for accumulation.
👉 Stock is trading near 200 WEMA support line which also coincides with the support trendline.
👉 Strong monthly support stands at 3180 levels
👉 Considering the strong fundamentals and growth prospects of the company, current scenario provides a great opportunity for investors to accumulate this stock for more than 50% upside potential in the coming months

I’m currently working on a fundamental analysis of a well-established company and will share the details, along with the chart, here soon. Stay tuned!

Hello members, hope you're all having a great weekend! 🙂

I haven't shared any new trades in the last few sessions because we're not seeing suitable setups at the moment. The current market situation is uncertain due to FII outflows and Nifty showing weakness on the charts. In such conditions, breakouts or trend reversals are more likely to fail.

For now, I’m keeping the market on watch. Rest assured, I’ll share any good opportunities as soon as they arise.

📉

RELIANCE turned weak and tumbled 16% from ATH level 3217, mostly due to weak expectations of September quarter results and China market inflow.

Currently trading at 2700, below the crucial support which is at 2720. This support has turned into resistance, which the stock needs to break for upwards journey.

• 9 Daily EMA is at 2755 currently.

👉 Swing trade can be initiated in this counter once the stock closes above 9 DEMA and the 2720 resistance zone for 16 - 18% ROI.

ANGELONE

Both swing targets done ✅

21% returns done 🔥

Keep holding for 3900+ in mid term 👌

2980 today's high 🔥
9% up now

Fireworks in ANGELONE after superb September quarter results 🎆🎇

Our swing and positional targets remain intact.

Positional traders keep holding for some super sweet returns!

Keep holding for more!

ANGELONE
2581 to 2781
200 points covered ✅
8% returns done 👌

GODREJAGRO

738 to 791 today's high 🔥

7% sweet returns in just 8 trading days 👌

QUESS
CMP:- 730
• Trading near 100 Daily EMA line
• Good opportunity to add for positional holders

#PositionalTrade #SwingTrade

GAEL

CMP:- 143

Swing Target:- 163, 176

Positional target:- 187, 205++

SL:- 119

🔆 Analysis 🔆

👉 Stock is respecting it's rising channel path
👉 Bounced back from important support with good volumes
👉 Stock can resume it's journey upwards towards the channel resistance
👉 Undervalued, debt free company
👉 Expected ROI of 50% according to technicals, holding time is of around 6-8 months

#SwingTrade

QUESS

CMP:- 760
Targets:- 875+ (R:R ratio = 1:2)
SL:- 696

👉 Stock has seen good buying intensity in the last 3 months
👉 While the market fell in the last few sessions, stock slumped to 2 good support levels with very low volumes
👉 One being the 20 weekly EMA and the second one being the breakout resistance zone, which is now a retest area
👉 These all parameters suggest the strength in this stock

#SwingTrade #PositionalTrade

VIPIND

CMP:- 564
Targets:- 640, 700, 724
SL:- 510

*Can enter until 549 levels

🔆 Analysis 🔆

👉 Falling trendline resistance on weekly timeframe
👉 Stock now trading above Multiyear support zone and 200 WEMA line
👉 Massive volumes suggesting trend reversal and upward journey

ANGELONE 5% up now

CMP:- 2743

2581 to 2743 ➡️ 6% movement covered

Closing above 2780 will shoot the stock towards 2950 levels

GODREJAGRO
725 Low
755 high
Now trading in green
+2% 💚

SGX Nifty is indicating a gap-down opening of around -1.2% 🔻 for Nifty 50 due to the ongoing escalation between Iran and Israel.

Do not rush to average. Only average stocks that are at fair valuations and have good fundamentals.