CannySunny

CannySunny Updated 

USD INR chart seems to be ready for a rally. Breakout from the Symmetrical Triangle. Can we see 85 ?

CannySunny

Nothing much to explains . After a rally, a consolidation has been taking place. Looking at the volume I believe the accumulation is almost over and it may soon resum uptrend. Markets are a bit dicey so Stoploss is a must.

CannySunny

Base -Rally - Base - Rally This is how markets move. Healthcare sector can be a dependable sector for obvious reasons.

CannySunny

Technically, this is a continuation consolidation. Usually Wave 3 which is about to start is considered to be the longest. So fingers crossed🤞. Balu Forge Industries Limited is a leading Indian company that manufactures crankshafts and other forged components for various industries. The company was founded in 1989 and has since expanded its operations to become...

CannySunny Updated 

I feel Nifty50 is stuck in a range and in the next couple of sessions a directional move can be expected. On the 2hr Time frame, I believe this triangle formation is nearing its end and a breakout/breakdown would follow.

CannySunny Updated 

The Company is ISO 9001:2008 certified engaged in manufacturing of closed die forged products like auto components, bearings, gears, etc, and forged flanges of mild steel, carbon steel, stainless steel, etc. based out at Hadamtala Industrial Estate, Rajkot, Gujarat. Endeavor is to beome a single point source offering all the facilities under one-roof, across the...

CannySunny Updated 

A nice Cup and Handle Pattern. Standard Stock picking technique.

CannySunny Updated 

A Classic Cup and Handle Pattern. A Beautiful Cup A Perfect Handle keeping the momentum alive. A Fantastic Breakout with Volume. What else does an investor need ?

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Some of the people who know me also know how big a fan I am when it comes to my conviction on the Wolfe Wave. I see it pretty clear over here. Targets mentioned in Green. Ride the trend.

CannySunny

Breakout from the Descending Channel with good volume. This should mark the start of a fresh trend. The stock may take some time moving sideways but the bottom of this retracement seems to be over here.

CannySunny

After the correction waves in the mark down stage of the price action, the accumulation phase is complete with a Head and Shoulder pattern. There is assurance in the base formation by way of a double bottom. The stock may not race fast enough but the trajectory seems to have turned bullish.

CannySunny Updated 

DCL caters to all major players in the power segment with top 10 customers contributing 60-65% of the revenue. Dynamic Cables Ltd. is a manufacturer of power infra cables that includes LT, HT, EHVC, Power control & instrumentation cables, flexible & industrial cables, solar cables and railway signaling cables. It supplies cables to Government Discom, Private...

CannySunny Updated 

After an almost perfect cup, the retracement reversed from the golden ratio. Simple analysis following the fundamentals of pattern investing. Stoploss is mandatory in triangle break patterns.

CannySunny Updated 

PE 11 vs Industry PE 30 EBIDT growth 3Years - 18% EPS growth 3Years - 23% Company manufactures a full range of white, colored, pool and kitchen towels, catering to medium and large size hotel chains. It also exports terry towels to the US. Company has a manufacturing unit in Gurugram with installed capacity of 5400 tons of towels annually. In FY23, company...

CannySunny

Urban Enviro Waste Management Limited provides comprehensive waste management solutions, including municipal solid waste (MSW) management services. It manages approximately 2,000 metric tons of waste daily. The company has a portfolio of 36 projects, with 18 completed and 18 ongoing. With market cap of around ₹ 225 crore the company has shown strong revenue...

CannySunny Updated 

A decent Cup and handle Pattern up for grabs. The base had a double bottom. The handle also sort of made a double bottom. I'm pretty confident of 30% + here. Having said that do your own due diligence and always have a Stoploss to rescue you.

CannySunny

With the Bangladesh textile crisis, India will be a big beneficiary. The price action has come out of a double bottom and is in the upward trajectory. Expecting this counter to do well going forward.

CannySunny

The company is moving in an ascending channel. It gave a bounce along withe highest volume.