Investment_ BCG (Brightcom Group)Namaste!
1) BCG is a very good mid-cap stock for investing, based on my analysis. It has average EPS of Rs 4.40 for the last 6 years. It also has corrected enough to look good to value investors.
2) It's intrinsic value (IV) is Rs 184, if India 10Y Treasury yield of 6.1% is considered. I personally use Sir Ben Graham's formulae, in which he has put 10 Year Treasury Yield at the denominator. Hence, if the treasury yields go up, then stock and overall market's IV will go down, it's that simple.
3) Currently, Treasury yield is around 7.4%. But I expect it to go down, in the upcoming time.
4) I do not suggest investing more than 5% of your entire capital in this stock. I suggest many stocks, but you have to pick your favorite ones yourself.
The price for investing in should be Rs 36.55. Remember, you should buy only when it break that level. I will also be buying some shares.
Disclaimer: The analysis I have shared is based on my understanding and experience in the markets. Investment carries an element of financial risk. Please do your analysis and/or consult your financial advisor before investing.
Bcg
BCG | Penny Stock📊 Details
Incorporated in 2010, Brightcom Group Ltd (formerly Lycos Internet Ltd) offers digital marketing solutions to businesses, agencies and online publishers worldwide
Disclaimer: This analysis is solely for educational purposes and does not make me a SEBI registered analyst.
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Why Fundamentals are ImportantBCG is one share that was hyped in the Indian Stock Market by some famous names and all looks well when the stock runs up, the real test happens when issues come up and stock starts to correct. With no respite in this stock, many retailers will have to book losses. As per price action, this is the last level. Hence, this post comes as a reminder to always buy what you understand and always have a technical stop loss, no matter what.
Price Action Chart Of Brightcom Group #BCGIt's a breakout in Brightcom Group but the confirmation will be when it closes above 44 and sustains. Too many horizontal resistances at multiple levels are marked as targets.
CMP 40
TP1 44
TP2 48
TP3 56
TP4 70
#BCG
Brightcom group no waiting now for brightcom group stock parallel channel breakout also dons.
now sit and relax guys ...
BCG - BONUStry to accumulate some shares in the bottom... this will crash another 25 points from 102. they are giving 2:3 bonus on coming 15 March 2022.
Brightcom Group rally will soon be over, avoid! NSE:BCG has given stellar returns and proven a Multibagger.
But that needs to be cautious right now. We require a healthy correction or consolidation to enter fresh.
Rs28 level can act as major resistance.
