Stock Analysis By Dhiraj

  About Company: DCX Systems Limited is among the   leading Indian players in the manufacture of electronic sub-systems and cable harnesses .  The company commenced operations in 2011   and has been a preferred Indian Offset Partner ("IOP") for foreign original equipment manufacturers ("OEMs") for executing aerospace and defence manufacturing projects. As of June 30, 2022, DCX Systems had  26 customers  in Israel, the United States, Korea and India, including certain Fortune 500 companies, multinational corporations and start-ups. The company's customers include domestic and international OEMs, private companies and public sector undertakings in India across different sectors, ranging from defence and aerospace to space ventures and railways. DCX System's key customers include Elta Systems Limited, Israel Aerospace Industries Limited - System Missiles and Space Division, Bharat Electronics Limited, and Astra Rafael Comsys Private Limited, among others.

  Stock Name: Bank of Baroda Pattern: Triangle Pattern || Rounding Bottom Pattern Time Frame: Weekly Observation: After a big rally since 16 March 2009 lows, the stock went into a long consolidation phase and now the stock has formed two triangle pattern and one rounding bottom pattern on weekly time frame. The stock has given a breakout of one triangle pattern on 22 August 2022 with good volume spike. On 17 October 2022 trading section the stock has also given a breakout of another triangle pattern and rounding bottom pattern at a same time. So, we might see strong upside move in the stock till the level of 200 Rs. You may add this to your watchlist to understand further price action. Disclaimer: This analysis is purely for educational purpose and does not contain any recommendation. Please consult your financial advisor before taking any financial decision.

  Shemaroo Entertain | Symmetrical Triangle Pattern Breakout Stock Name: Shemaroo Entertain Pattern: Symmetrical Triangle Time Frame: Weekly Observation: Shemaroo Entertain made a new all time high of 595 Rs on 22 January 2018 and faced a strong rejection from ATH (All Time High). The stock has been in a downtrend since 22 January 2018 and made a low of 41.75 Rs on 9 March 2020 after that stock started forming a pattern which is known as symmetrical triangle pattern (STP). Now the stock has given a strong breakout of STP on weekly time frame with good volume spike also RSI is indicating a strong strength (RSI at 74) in the stock. In coming weeks, we can see a good upside move in the stock. Note: The stock has already given a strong move. Wait for a pull back so our Risk to Reward Ratio will be favourable.  Disclaimer: This analysis is purely for educational purpose and does not contain any recommendation. Please consult your financial advisor before taking any financial decisi

   When it comes to investing in stocks many different types of questions start arriving in investors mind. Now you might be thinking that is the stock fundamentally strong for investing, will this stock give me a bumper return in coming decades? What is the future of this stock? Well today we are going to share a stock which is fundamentally very strong. Can you guess the name of the stock? If yes then let me know in the comment section below. Yes, you are right the stock is none other than Tata Steel. Key Data Point’s: 1.   The organization is 115 years old 2.   Founded in 1907 by Sir Jamsetji Tata, Jamshedpur, Jharkhand 3.   Tata steel has presence across 5 continents 4.   They supply steel to major three sector i.e.   automotive, construction and general engineering sector 5.   Currently Tata steel is one of the largest steel producer of steel in Europe In the last 115 years Tata Steel build a 20 MTPA capacity but on the occasion of Birth Anniversary of Sir Jamsetji Tat

  Federal Bank | Rounding Bottom Pattern Breakout | Four Years Strong Breakout  Stock Name:  Federal Bank   Pattern:  Rounding Bottom  Time Frame:  Weekly  Observation: The stock has been in a downtrend since 16 October 2017 because the stock made a new all-time high on and faced a strong rejection from price level (127.85 Rs) and has formed a rounding bottom pattern on weekly timeframe. In today's trading section i.e. 14 October 2022 the stock has given a strong breakout of its previous all time high with strong volume build-up. All the technical indicators like RSI (74.08), Moving Averages (20,50,200) is indicating a strong bullish upside move from the current price level i.e. 130.25.  You may add this to your watchlist to understand further price action. Disclaimer: This analysis is purely for educational purpose and does not contain any recommendation. Please consult your financial advisor before taking any financial decision.