IRFC - 6 Months Consolidation BreakoutIndian Railway Finance Corporation Ltd
1) Time Frame - Weekly.
2) The Stock has been Consolidating since (January, 2024). Now It has given a Consolidation breakout & Closed at it's Life Time High with good volume & good bullish momentum candle in weekly Time Frame.
3) The stock may find it's next resistance around the price (260 - 19.50% from the price 217.43).
4) Recommendation - Strong Buy.
Analysis
Swing Momentum stock 15 feb 2024Saregama India Ltd |Swing Momentum stock 15 feb 2024
Saregama is the oldest music label company from India (established 1902, erstwhile "Gramophone Company of India" & then "HMV"). The company is aiming to be a pure-play content company supported by the global consumption boom.
financial: strong
Market Cap = ₹ 7,546 Cr. ROCE =17.6 % ROE = 12.8 %
Debt to equity= 0.00 Promoter holding = 59.1 %
Quick ratio = 3.48 Current ratio = 4.24
Profit Var 3Yrs = 58.8 % Sales growth 3Years =12.2 %
this is really good momentum stock with strong financial.
Rsi is also in uptrend.in past there is good movement in huge volume.
this sector is always forever. so my view is long time bullish.
Note: I am not SEBI registered financial Adviser. I solely present my views on chart .I do not charge any kind of service. This is not buy sell recommendation.
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Shaily Engineering Plastics Ltd| swing idea 15 feb 24Shaily Engineering Plastics Ltd| swing idea 15 feb 24
The Company is engaged in the manufacture and sale of injection moulded precision plastic components, sub-assemblies for various requirements of Original Equipment Manufacturers (OEM)
financial :strong
Market Cap = ₹ 2,122 Cr. ROCE = 11.4 % ROE = 9.15 %
Debt to equity = 0.49 Promoter holding =43.8 %
Quick ratio = 0.75 Current ratio = 1.12 Return on assets = 5.13 %
this stock is in momentum with heavy volume build up.
Rsi also in uptrend.
unique business model with trending plastic sector.
lets see how market recognize this stock.
Note: I am not SEBI registered financial Adviser. I solely present my views on chart .I do not charge any kind of service. This is not buy sell recommendation.
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MOMENTUN SWING IDEA |DCM Nouvelle LtdMOMENTUN SWING IDEA |DCM Nouvelle Ltd
Incorporated in 1991, DCM Nouvelle Ltd is in the business of manufacturing and sale of cotton yarn
FUNDA1MENTAL: Medium
This stock is in momentum now. keep in radar and do further analyses for better knowledge.
Note: I am not SEBI registered financial Adviser. I solely present my views on chart .I do not charge any kind of service. This is not buy sell recommendation.
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Momentum Swing Idea| Mallcom (India) LtdMallcom (India) Ltd
Established in 1983, Mallcom (India) Ltd. is an ISO certified and government-registered star trading house. The company is in the business of manufacturing Personal Protective Equipment and Industrial Safety products.
Financial =strong
Market Cap ₹ 649 Cr. Stock P/E 18.9 ROCE 20.5 %
ROE 19.9 % Debt to equity 0.45 Promoter holding 73.7 %
Quick ratio 0.88 Current ratio 1.49 Piotroski score 6.00
Profit Var 3Yrs 28.2 % Sales growth 3Years 12.6 % Return on assets 11.7 %
This stock is small cap with unique business . moreover fundamentally strong company.
as well as RSI took support on 55 range . in near time if market breath is positive than this stock will be next level or if it break the momentum zone than be cautious. everyone must take glance in this business idea. even this type of small cap stock make next multibagger .
Note: I am not SEBI registered financial Adviser. I solely present my views on chart .I do not charge any kind of service. This is not buy sell recommendation.
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swing idea for momentum |Dolat Algotech LtdDolat Algotech Ltd
Dolat Algotech Ltd is a trading cum clearing member of NSE India and carries on the business of securities broking and securities trading.
Fundamenal: strong
this stock is in momentum zone .this weekly chart and I will invest for short term or momentum goes over. keep in radar this stock.
Note: I am not SEBI registered financial Adviser. I solely present my views on chart .I do not charge any kind of service. This is not buy sell recommendation.
If you like my ideas than like boost and follow me for more ideas.
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Computer Age Management Services Ltd| long term momentum investgComputer Age Management Services Ltd
The company is a mutual funds transfer agency. It provides investor services, distributor services and asset management companies (AMC) services.
Market Cap ₹ 20,023 C Current Price ₹ 4,070 Stock P/E 59.4
ROCE 48.4 % ROE 39.8 % Debt to equity 0.11
Piotroski score 7.00 Profit Var 3Yrs 24.8 % Sales growth 3Years 17.2 %
this chart is amazing as well as company doing great work. as per my view it will be next multibagger in no time.
keep in radar as do your own research befor investing.
Note: I am not SEBI registered financial Adviser. I solely present my views on chart .I do not charge any kind of service. This is not buy sell recommendation.
If you like my ideas than like boost and follow me for more ideas.
Thanks and comment freely
Frog Cellsat - Strong Fundamentals and Technicals.-> The company has shown a good profit growth of 151.97% for the Past 3 years.
-> The company has shown a good revenue growth of 15.20% for the Past 3 years.
-> The company has significantly decreased its debt by 6.08 Cr.
-> Company has been maintaining healthy ROCE of 25.02% over the past 3 years.
-> Company is virtually debt free.
-> Company has a healthy Interest coverage ratio of 30.48.
-> The company has an efficient Cash Conversion Cycle of 60.53 days.
-> Company has a healthy liquidity position with current ratio of 4.44.
-> The company has a high promoter holding of 74.10%.
-> The company has a strong degree of Operating leverage, Average Operating leverage stands at 31.86.
Cup Handle with buy opportunityA perfect Cup and handle pattern is formed by Ion Exchange and it gave a perfect buying opportunity.
I have drawn a SL line if price fluctuate and slips down.
Personally I am positive with this stock as volume on breakout is also high. Anytime soon, before budget this stock might give 20-30% return for sure. Or check the depth of cup for return percentage.
NOTE: This is just for educational purpose only.
Happy Trading :)
YES Bank - SIP System InvestmentYes bank is good to buy on SIP based system.
Market Cap: ₹ 80,940 Cr.
Promoter holding: 0.00 %
FII holding: 28.4 %
DII holding: 38.1 %
Public holding: 33.5 %
Promotors holding is 0% now but majority of Stocks on DII has and DII are's most of banks and insurance companies. Once these company hold for the long time and stock rises. Promoters will be interested to buy this stock.
Power Finance CorporationPFC. Technical and Fundamental AnalysisTechnical:
10/07/2024: PFC Closed at its all time high levels above 560. The Daily price action has formed an inside candle on 09/07 and an outside candle on 10/07, but closing above the previous two days' highs. Which shows strength in the counter.
Possible scenarios:
SCENARIO 1:
Any Daily close above 567, and any bullish price action above and around 570 could mean an immediate breakout. Trade can be entered with a stop loss below today's low of 535.
SCENARIO 2:
The price action could go into a consolidation between the levels of 560-570 on the higher side and 520-530 on the lower side. One can accumulate in this zone and keep a stop loss below 500 for any daily close.
SCENARIO 3: A breakdown of 520 on daily time frame which will lead the price action to find support around levels of 500.
#This is only for educational purposes, of how to find value stocks and trade them.
Fundamentals:
Since the Stock is a NBFC lending to power sector, we will look at its P/B = 1.4. A very attractive valuation.
With a Return on Assets(loans) of 2.74%, its operating effeciency is better than most banks, and many other Public Sector NBFCs. The targets from a fundamental perspective, keeping the optimum P/B value to be 2, there is still, atleast 11% upside (without any growth in loan book).
But taking into account a Revenue and loan book growth of around 10-15% CAGR in the coming 2-3 years, on the back of increased power demand and lack of power generation...
One can safely assume an upside of more than
40%
depending upon the performance, increase/decrease in effeciencies and disbursements of loans.
Hence, an undervalued stock with good growth potential and good technical setup- breakout and daily close above previous all time high.
#This only for educational purposes of how to find undervalued growth stocks. and how to trade them.
IREDA Analysis!NSE:IREDA Analysis on a Daily Timeframe!
Triangle Pattern Formation in IREDA!
Triangle Pattern Breakout in IREDA!
Analysis:
As we can see the stock in moving in a triangle since December 2023. It was continuously consolidating in it. On 27th June it tried breaking out the resistance but unable to sustain above the resistance. Today again it has been successfully given the breakout and able to close above the breakout. As i marked all the important levels on the chart please have a look.
Trade Setup:
Entry = Current price level is good to Enter
Key Level = 214.80 This is the All Time High Level, Price may reverse from this level but if it breaks, will the major uptrend
Target = 455.85
Stop Loss = Below 173 or as per your Risk To Reward
Disclaimer = Consider my analysis for Educational Purpose only.
Before entering into any trade -
1) Educate Yourself
2) Do your research and analysis
3) Define your Risk to Reward ratio
4) Don't trade with full capital
ZENSARTECH BREAKOUT 🚀🚀 (Inverted Head & Shoulder) Zensar Technologies Ltd has hit it's all time high with a very strong bullish pattern which is called as the inverted Head & Shoulder or (tripple bottom by a few ).
Zensar Technologies Ltd has been performing pretty good from a few quarters . The net profit of the company is increasing along with its sales , also the Earning of the company is increasing with good momentum as well . This is now visible on the charts.
EURUSD TRADE SETUPFOREXCOM:EURUSD FX:EURUSD OANDA:EURUSD
Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. wait for more Smart Money to develop before taking any position . I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied...
Keep trading
Hustle hard
Markets can be Unpredictable, research before trading.
Disclaimer: This trade idea is based on Smart money concept and is for informational purposes only. Trading involves risks; seek professional advice before making any financial decisions. Informational only!!!!
TECHNOFUNDA STOCK: ZENSARZENSAR making higher highs where NIFTY IT index is struggling. Good ROE/ROI with PE ratio comfortable at 22, one of lowest in industry. Net profit doubled from last year.
Technichal rebound from 200EMA and gradually trading at all time highs.
Buy for target of 810 to 1020 in medium to long term. Technical stop around 555 on weekly closing basis