Cupandhandlepattern
Outlook for NASDAQ by end of Apr'2024Please don't curse me if this does not turn out to be true, considering the eco-geo-political developments happening all around the world. But, I'm sharing what I'm visualizing. Right now we are taking support at the bottom of the channel or handle of the cup. From hereon, if we are breaking the handle/channel and cup-line upwards, I see NASDAQ testing 21450 before end of Apr'2024.
ANGEL ONE ! You are the ONE !!!- Company has reduced debt.
- Company has delivered good profit growth of 52.2%
CAGR over last 5 years
- Company has a good return on equity (ROE) track
record: 3 Years ROE 44.1%
- Company has been maintaining a healthy dividend
payout of 36.2%
- Debtor days have improved from 66.7 to 45.6 days.
Switch on the Geyser. Time to Shower with Deepak FertilizerPE Ratio is 8 while Sector PE ratio of 53
- Company has delivered good profit growth of 49.7% CAGR over last 5 years
- Annual Revenue rose 47.7%, in the last year to Rs 11,384.7 Crores. Its sector's average revenue growth for the last fiscal year was 17.2%.
- Annual Net Profit rose 78.4% in the last year to Rs 1,210.1 Crores. Its sector's average net profit growth for the last fiscal year was 5.9%
- Mutual Fund Holding increased by 0% in the last quarter to 1.4.
- Return on Equity for the last financial year was 23.9%.
Negative:
- Quarterly Net profit fell 74.6% YoY to Rs 110 Crores. Its sector's average net profit growth YoY for the quarter was -45.1%.
- Promoter Pledges rose 7.5% QoQ taking the total promoter holding pledge % to 22.6%.
Deepak Fertilizers and Petrochemicals Corporation Ltd is a manufacturer of fertilizers and industrial chemicals with products in industrial chemicals, bulk and specialty fertilizers, farming diagnostics and solutions, technical ammonium nitrate and value added real estate, which includes India’s 1st & largest concept retail destination for Home Interiors & Design. Company is also investing in cloud computing, process automation, mobile apps, unified communication, and collaboration tools.
New Products in FY22
a) Company launched Crop Nutrient Solution brand Croptek with 3 crop specific grades Croptek Onion, Croptek Sugarcane, Croptek Cotton, and also launched Crop Specific and stage specific brand Solutek for fertigation
b) Company's IC business unit launched 8 different products for disinfection solutions in the hospital segment
Operational Highlights - Q4FY23
a) Acid business achieved a capacity utilization of 89% while the IPA business reached 98%. CNB Bulk (NP + NPK) had a capacity utilization of 55%
b) Company developed a technology to manufacture Pure DIPE from crude DIPE first time in India and has completed the commercial trial successfully
c) Steel grade Nitric acid for steel pickling application has completed its multi-stage commercial trials successfully and will soon be launched commercially
Capex - FY23:
a) Ammonia:
It has a capacity of 128,700 MTPA and company plans to increase it to 628,700 MTPA. For that, it has planned an Investment of Rs. 4,350 Cr. Company, through its stepdown subsidiary Performance Chemiserve Ltd, is setting up an ammonia manufacturing facility of 1,500 MTPD at Taloja
b) TAN:
Technical Ammonium Nitrate has a capacity of 486,900 MTPA which is planned to increase to 862,900 MTPA by H2 FY26 with an Investment of Rs. 2,201 Cr
Confipet ready for Rally to see New highCONFIPET
Based on Weekly Chart Pattern
Cup and Handle with Bullish Flag inside it.
Price got retraced and retested the breakout level. Cmp 85.
Now it's ready to rally to see New high.
Expected targets
Tgt 1 : 95±
Tgt 2 : 115±
Tgt 3 : 135±
Shared it for EDUCATIONAL PURPOSE. Not a BUY/SELL RECOMMENDATIONS.
Spend your CTC travelling on IRCTC with ECSTASY-Company is almost debt free.
-Company is expected to give good quarter
-Company has delivered good profit growth of 34.9% CAGR over last 5 years
-Company has a good return on equity (ROE) track record: 3 Years ROE 34.6%
-Company has been maintaining a healthy dividend payout of 43.0%
-Debtor days have improved from 158 to 118 days.
GenZ !!! Believe in TATA CONSULTANCY !!!- This Company needs no introduction at all.
- The larger picture is that of a Pole Flag Pattern.
- It can also be said that a cup is in formation.
Within the larger pattern, a Volatility Contraction Pattern has been witnessed.
At least 14% profits are clearly visible for the taking.
Hey Albert David ! Time for your Bid !Company is almost debt free.
Company has delivered good profit growth of 35.0% CAGR over last 5 years
PE of 8 vs Industry PE of 29
Dividend Yield 1.12 %
ROCE 17 %
ROE 12.2 %
Albert David Ltd is engaged in manufacturing and trading of Pharmaceutical Formulations, Infusion Solutions, Herbal Dosage Forms and Bulk Drugs by way of domestic sale or export.
During FY22, the Co. introduced two products i.e., Evacure and C3H in the market. It is expected that these two products will augment the revenue and profits of the Company.
Hey Albert David ! Time for your Bid !- Company is almost debt free.
- Company has delivered good profit growth of 35.0%
CAGR over last 5 years
- Dividend Yield 1.12 %
- PE 8 vs Industry PE of 29
Albert David Ltd is engaged in manufacturing and trading of Pharmaceutical Formulations, Infusion Solutions, Herbal Dosage Forms and Bulk Drugs by way of domestic sale or export.
During FY22, the Co. introduced two products i.e., Evacure and C3H in the market. It is expected that these two products will augment the revenue and profits of the Company.
The Co. will continue to focus on enhancing its presence organically as well as inorganically, both in the domestic and the international market.
Amaraja Batteries - Cup and Handle Cup and Handle in Making
Breakout above 710 on daily time frame
Supply zone : 800 - 1000
Support Zone : 590-610
Cup and handle breakout in Likhita!Likhita infra is a good investment stock.
Good cup and handle breakout will be confirmed once a weekly closing is done above 320.
Risky traders can enter today if stock closes above 320 with SL below 292 DCB.
Targets can be 370, 400++ in medium term.
Idea shared only for educational purposes.
LALPATH LAB quality gemLALPATH LAB has given breakout from a longterm pricewise and timewise correction
it has clearly break the supply zone in daily tf as well as in weekly tf
one can go long from here
put STOPLOSS BELOW 2300 AREA OR BELOW 20EMA IN DAILY TF OR 200DEMA CLOSING BASIS ONLY
always trade with your own conviction
THIS IS JUST FOR EDUCATION AND LEARNING PURPOSE
hope u guys like the idea