Plan for 20th June 2024- stocks to swing Nifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
Stockstowatch
TPL.N0000Next Resistance Level - 125
Next Support Level - 107
Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content presented herein. Always consult a financial professional before making any investment decisions.
PTON Peloton Buyout or Short Squeeze PotentialPTON Peloton Interactive is currently under the spotlight due to a significant uptick in call options activity.
This increased activity is focused on the $4 and $5 strike prices, with expirations on June 21 and July 19.
Market analysts and investors are buzzing with speculation that this might signal an imminent buyout, takeover, merger, or even a short squeeze.
Over the past week, Peloton has seen a notable surge in call options volume at the $4 and $5 strike prices. This heightened activity suggests that traders are betting on a substantial upward movement in Peloton's stock price in the very near term.
June 21 Expiration: Calls expiring this Friday indicate that some traders are expecting a major announcement or significant stock price movement within days.
July 19 Expiration: The larger volume of calls expiring next month shows longer-term optimism, potentially linked to upcoming strategic moves by the company.
Technically, Peloton’s chart is exhibiting highly bullish patterns that support the possibility of a breakout:
Falling Wedge: The stock is at the end of a falling wedge pattern, a technical indicator often associated with impending bullish reversals.
Double Bottom Pattern: Additionally, Peloton is forming a double bottom, another bullish pattern that indicates strong support and a potential for a significant upward movement.
These patterns suggest a robust technical setup for a breakout, with targets potentially as high as $6.50.
Buyout or Merger Speculation
The speculation surrounding a potential buyout by AAPL, AMZN, NKE, or a merger, is not unfounded. Peloton, despite its struggles in the past year, remains a highly attractive acquisition target due to its strong brand and substantial user base. A buyout or merger could provide the necessary capital infusion and strategic direction to reinvigorate the company’s growth trajectory.
Short Squeeze Potential
Adding fuel to the speculative fire is the potential for a short squeeze. If the stock begins to rise rapidly due to buyout rumors or technical breakouts, short sellers may be forced to cover their positions, driving the stock price even higher in a feedback loop of buying pressure.
Apollo Micro Systems making moves in the upward direction. Apollo Micro Systems Ltd. engages in the manufacture of Aerospace and Defence related electronic components and systems. It includes electronic manufacturing, hardware design, information technology and software, electronic, and mechanical services. It also offers space, and transportation solutions.
Apollo Micro Systems Limited (AMS) CMP is 108.89. The positive aspects of the company are Company with Low Debt, Annual Net Profits improving for last 2 years and Company with decreasing Promoter pledge. The Negative aspects of the company are PE higher than Industry PE, Declining Cash Flow from Operations and Companies with weak financials.
Entry can be taken after closing above 109. Targets in the stock will be 112, 118 and 125. The long-term target in the stock will be 133, 140 and 147. Stop loss in the stock should be maintained at Closing below 102 or 93 depending upon your risk taking ability.
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
Gandhar oil can gain momentum after forming bottom. Gandhar Oil Refinery (India) Limited manufactures Oils, Lubricants and greases of various kinds.
Gandhar Oil Refinery (India) Limited CMP 214.34. The positive aspects of the company are Company with Low Debt and Zero promoter pledge. The Negative aspects of the company are FIIs are decreasing stake, MFs are decreasing stake and Declining annual net profit Declining cash from operations annual.
Entry can be taken after closing above 218. Targets in the stock will be 237, 251, 274 and 287. The long-term target in the stock will be 304, 320 and 343. Stop loss in the stock should be maintained at Closing below 181.
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
Meghmani on the verge of breakout mega breakout?Meghmani Organics Ltd. operates as a diversified chemical company. It operates under the following segments: Pigment segment and Agrochemical segment.
Meghmani Organics CMP is 83.21. The positive aspects of the company are Company with Zero Promoter Pledge, Growth in Net Profit with increasing Profit Margin (QoQ), Stock with Low PE (PE = -20) and FII / FPI or Institutions increasing their shareholding.
The Negative aspects of the company are Degrowth in Revenue and Profit, Companies not able to generate net cash and Annual net profit declining for last 2 years.
Entry can be taken after closing above 84.5. Targets in the stock will be 93 and 96. The long-term target in the stock will be 100 and 105. Stop loss in the stock should be maintained at Closing below 71.
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
BEPL giving a breakout on bounce. Bhansali Engineering Polymers Ltd. engages in the manufacture and sale of acrylonitrile butadiene styrene (ABS) and styrene acrylonitrile (SAN) resins.
Bhansali Engineering Polymers CMP is 99.68. The positive aspects of the company are Company with No Debt, Company with Zero Promoter Pledge, Growth in Operating Profit with increase in operating margins (YoY) and MFs increased their shareholding last quarter.
The Negative aspects of the company are Companies not able to generate net cash.
Entry can be taken after closing above 100. Targets in the stock will be 103, 106 and 109. The long-term target in the stock will be 113 and 117. Stop loss in the stock should be maintained at Closing below 88.
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
MSFT Possible buy ideaMicrosoft, technology services giant, is making a perfect long entry possibility on its weekly chart.
What to have on mind when watching the stock:
1. On Daily time frame, we had a perfect 50EMA retest. Stock managed to retake it and to even break above the smaller moving averages, the 10 and 21EMA.
2. This time frame is giving us a broad stop loss opportunity, once we enter the stock. To be precise, once the break of previous highs happen, my stop loss will be around the Daily 50EMA level, which is around $416.5 at the moment.
3. Back to weekly time frame and our entry point, my first entry would be once the price enters the Weekly channel, or it's previous high zone, sitting at around $430 price level. I will be monitoring the price and trading volume once this happens, I would like to see larger than usual trading volume.
4. My second entry and adding to the position, of course, if the break happens, will occur once the price crosses the $435.7 price level, which is just above the highest point on which the price of MSFT went.
Of course, this is just my opinion. I will try to give my best to update the idea as it develops. Thanks for liking and following me!
LIOC.N0000Staying above 50 DMA is a good sign for LIOC.
Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content presented herein. Always consult a financial professional before making any investment decisions.
AMF.N000050DMA (Green line) acting as a resistance line & 23 will be the strong support level in upcoming days.
Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content presented herein. Always consult a financial professional before making any investment decisions.
AMZN Under Pressure to Offer a DividendInventory adjustments are underway for $NASDAQ:AMZN. These adjustments are minor as Dark Pools are holding AMZN long-term, but there are other opportunities to boost ROI in younger companies.
AMZN needs to provide a dividend now that it is a Dow 30 stock. The mild rotation is a gentle reminder to the Board of Directors from their most critical and important investors, the Giant Buy Side Institutions. AMZN is the only fortune 500 company on the S&P500 that doesn't provide a dividend YET. The company's CEO is seasoned and aware that the Board must soon offer dividends, as it is no longer merely a "growth" company.
The pressure is increasing to force a dividend by the Giant investors. This should happen this year. There are no buybacks going on right now either. So the lowering of inventory is a warning to get this done. The Buy Side has the clout to influence the Board's decisions. This would benefit all investors big and small.
The support is at the lows of the red box on the chart, as indicated by the gap down white candle that quickly ended the previous selling by smaller funds.
WHEN, not if, AMZN announces a dividend, there is likely to be some brief momentum activity to the upside.
Review and plan(stocks to watch) for 30th May 2024 Nifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
Review and plan for 29th May 2024 Nifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
Colgate can shine your portfolio and Teeth. Colgate-Palmolive (India) Limited is an MNC India's leading provider of scientifically proven oral care products. The range includes toothpastes, toothpowder, toothbrushes and mouthwashes under the 'Colgate' brand, as well as a specialized range of dental therapies under the banner of Colgate Oral Pharmaceuticals. The Company is engaged in manufacturing/ trading of toothpaste, tooth powder, toothbrush, mouthwash and personal care products. It also provides a range of personal care products under the `Palmolive' brand name.
The positive aspects of the company are Company with No Debt, Mutual Funds Increased Shareholding in Past Month, Company with Zero Promoter Pledge and MFs increased their shareholding last quarter. The Negative aspects of the company are High P.E. Ratio=55.5, RSI indicating price weakness and Recent Broker Downgrades in Reco or Target Price.
Entry can be taken after closing above 2709. Targets in the stock will be 2735, 2765 and 2827. The long-term target in the stock will be 2877, 2920 and 2961. Stop loss in the stock should be maintained at Closing below 2642.
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
Aarti Drugs giving signs of pennant Breakout. Aarti Drugs Limited (ADL) is a prominent manufacturer of APIs, Pharma Intermediates, and Specialty Chemicals. ADL engages in the development, manufacture and market of pharmaceutical products. The firm operates through the Out of India, and India geographical segments.
Aarti Drugs Limited (ADL) CMP is 495.70. The positive aspects of the company are Company with Low Debt, Growth in Quarterly Net Profit with increasing Profit Margin, Company with Zero Promoter Pledge, FII / FPI or Institutions increasing their shareholding, and Mutual Funds Increased Shareholding. The Negative aspects of the company are Decline in Quarterly Net Profit, MFs decreased their shareholding last quarter and Promoter decreasing their shareholding.
Entry can be taken after closing above 503 Targets in the stock will be 519 and 531. The long-term target in the stock will be 549 and 568. Stop loss in the stock should be maintained at Closing below 456.
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
Review and plan for 27th May 2024Nifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
Review(Fantastic day) and plan for 24th May 2024Nifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
Review and plan for 23rd May 2024Nifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
BDL / Bharat Dynamics 35%+ in 1 week! Crazy ReturnsEverybody loves momentum.
Why not?
Momentum is the best friend of every trader. I always wanted to find and catch the beginning of a confirmed trend. It's unbelievable it is happening in real life.
Education and skills acquisition is the key to continued growth in any field. This especially holds true in the highly risky terrain called Trading.
A lot of stocks are in superb momentum and I am ready to catch them.
God bless you and happy trading.
Review and plan for 17th May 2024Nifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
Review and plan for 16th May 2024Nifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
Review and plan for 15th May 2024Nifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT