ACCELYA Trading Above Fresh Weekly Demand ZoneACCELYA is currently trading at ₹1492.05, slightly above its demand zone between ₹1465 and ₹1412.55, established on 12th January 2024. This fresh zone remains untested, suggesting potential buying interest if the stock price revisits this range. Investors may consider watching for a pullback to this zone, which could provide a buying opportunity with strong support.
Disclaimer: This analysis is for informational purposes only and should not be considered as financial advice. Please conduct your own research or consult a financial advisor before making any investment or trading decisions.
ACCELYA
Accelya Kale Triangle + RSI breakoutAccelya Kale solutions is a software solutions provider for airline and travel industry which has good fundamentals and stellar OPM, ROE & ROCE with reduction in debtor days and increase in operating cashflow.
Technicals:
Stock has made RSI breakout in weekly timeframe. Price yet to make move strong. 30-40% potential to rise
Cons:
Working capital days increased
Dividend payout ratio above 70%
Stock trading 9 times the book value
ACCELYA SOLUTION INDIA LTDPerformance Over the Past Few Years:
Revenue Growth: Accelya Solutions India Ltd has seen a steady increase in revenue over the past decade. From FY2013 to FY2022, their sales grew from ₹304 crores to ₹368 crores. In the last 12 months ending December 2022, they reported sales of ₹423 crores.
Earnings Growth: The company has been growing its earnings at an average annual rate of 6.1%, while the IT industry saw a higher growth rate of 21.1% annually. Despite this, Accelya has maintained a strong return on equity of 33.2% and net margins of 18.4%.
Growth Prospects for Accelya Solutions India Ltd
1. Market Expansion and Innovation:
Innovation: Accelya is focusing on innovation-led growth, particularly in the airline industry. They are leveraging new technologies to enhance their service offerings and drive digital transformation.
Market Expansion: The company aims to expand its market reach by providing comprehensive solutions that cater to the evolving needs of airlines, including financial, cargo, and passenger services.
2. Industry Recovery:
Post-Pandemic Recovery: With the travel industry recovering from the impacts of the COVID-19 pandemic, Accelya is well-positioned to benefit from the increased demand for travel and related services.
Growth in Airline Industry : As airlines look to modernize their operations and improve efficiency, Accelya’s solutions are likely to see higher adoption rates.
3. Financial Performance:
Revenue Growth: Accelya has reported a fair revenue growth rate of 25.81% recently. This indicates a positive trend in their financial performance, which could continue as the market conditions improve.
Dividend Policy: Despite some fluctuations in earnings, Accelya has maintained a consistent dividend policy, which reflects its stable financial health.
4. Strategic Initiatives:
ONE Order Focus: Accelya is focusing on the ONE Order initiative, which aims to simplify and modernize the order management process for airlines. This initiative is expected to drive technology transformation within the industry.
Sustainability and Efficiency: The company is also emphasizing sustainability and operational efficiency to enhance long-term profitability and market position.
Accelya Solutions for 60% gainAccelya is a software solutions provider to global airline and travel industry, the sector that is booming more than ever. The stock looks good to attain a mid term target of 2750, also the 1.618 Fibonacci level, visible on the chart. In addition, a cup and handle (C&H) is under formation since Feb 2017 which has a target of 3000+. In any case, a 60% jump is attainable in the next 6 months to a year i.e a minimum of 5% a month.
Remember, the easier it seems, the more it tests your personal traits. This is not a trade recommendation. Please do your own due diligence.
ACCELYA | Multiyear Breakout📊 DETAILS
Sector: Software
Mkt Cap: 2,976 cr
Accelya Kale Solutions Is a Software solutions provider to the global Airline and Travel Industry.
TTM PE : 22.74 (Average PE)
Sector PE : 37.91
Beta : 1.21
📚 INSIGHTS
Strong Performer
Stock with consistent financial performance, quality management, and strong technical momentum indicating good investor enthusiasm. Currently valued at Good to expensive valuation
8.24% away from 52 week high
Outperformer - Accelya Solutions India up by 11.19% v/s NIFTY 50 up by 4.71% in last 1 month
📈 FINANCIALS
Piotroski Score of 7/9 indicates Strong Financials
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
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Accelya solutionsLook out for accelya solutions breaking out 6.5Y consolidation. A stock roars when the consolidation is longer timeframe. 2800 can be a target. Fundamentals are good but not as good as cigniti or something. Bought just bcuz the consolidation is 6.5Y and is looking for breakout.
Disclosure: Holding
Bullish reversal patternACCELYA daily price trend shows signs of a potential reversal after a period of consolidation. This often involves a bottoming process and a subsequent upward breakout.
Market conditions can change, and various external factors can influence price behavior. Always use technical analysis in combination with other forms of analysis and risk management strategies to make informed trading decisions.
ACCELYA - Ichimoku Bullish Breakout Stock Name - Accelya Kale Solutions Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 1220
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
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ACCELYA may reverse it's downtrend.ACCELYA Solutions Ltd. A small cap IT company catering to Airlines & Tourism Industry. Toady it came up up with good quarterly results. Stock has been in a short-term downtrend. Now price has reached it's weekly support trendline. Also if we go back to MAY-JUNE 2021, we can see huge volume around this price. In daily time frame stock has formed a pattern similar to double bottom. On hourly chart symmetrical triangle has formed and price is inching towards narrower range. On 15 minute chart in the last trading session, we have seen a buying with volume. Considering all these factors, I believe that smart money is interested in this stock around this level. Long term investors and swing traders can keep this chart on radar.
watch for resistance breakoutbuy above 1300 in intraday and swing
for swing trade wait for 15 min candle close (only for swing)
and for stoploss use it according to your risk.
For stoploss in Intraday use 5 minute chart and see nearest support.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
NOTE: For Gapup or bo before 9:20
If gapup is more than 1% from bo level than avoid completely.
if less than 1% or gives bo before 9:20 than wait for
first 5 minute candle and entry above 5 minute candle
and revised SL below candle Low.
ACCELYA SOLUTION - CMP: 956Moving in a channel, It has given a slopping wedge breakout with a very good delivery volume. RSI also indicating bullish movement ahead. +DI crossed with -DI on ADX which also indicates positive bios. We can expect price movement up to 1040 in the near term. Also closing above 1045 will confirm channel breakout. Breakout of channel pattern will give price movement up to 1300 in long term.