tradinglifeline

TEAMLEASE SERVICES PRICE ACTION PICK

Long
NSE:TEAMLEASE   TEAMLEASE SERVICES
If we follow price action, scrip probably has made its bottom. Risk reward ratio is 1:7 if we expect to move share towards its all time high price.

I have tried to plot probable moves in future based on past price movements. However, price movement is subject to market conditions and any unforeseen events.

Team Lease Services provides employment related services. It provides solutions for staffing, recruitment, training, payroll processing and regulatory compliance

Large Opportunity Size
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Global staffing industry is projected to grow by 3% YoY to reach $514 billion. The staffing market in India currently stands at $6 billion and is growing at 15%. Currently, TeamLease has only 6% market share.

Competition Risk
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The company faces intense competition in the general staffing segment which contributes around 90% revenue. Key competitors include Penmac Staffing Services, Randstad India, Adecco Group, Nesco Resource etc.. However, TeamLease has been able to win back a large chunk of business from Samsung from some of their peers
I kindly request your valuable feedback on the accuracy and validity of my learning and research. Furthermore, I would greatly appreciate any suggestions on areas where I can enhance my skills and knowledge.

DISCLAIMER:
The perspective I am providing may possess inherent bias. My family members and me may and may not have financial investment in aforementioned scrip. Consequently, it is within my prerogative to engage in the purchase or sale of said scrip at my discretion, contingent upon prevailing market conditions and the occurrence of specific events.
I am not a registered financial advisor and the information provided by me should not be considered as financial advice. It is highly recommended that you consult with your financial advisor and do your due diligence before making any investment decisions.
Investing in the stock market is subject to market conditions and any unforeseen events. Also involves risk and can result in both profit and loss. You should be aware of the risks involved in investing in the stock market before making any investment decisions.
Please note that any investment decision you make based on the information provided by me is at your own risk, I will not be held responsible for any of your losses or damages, financial or otherwise, resulting from your investment decisions.


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