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Cupandhandlepattern

Rites Ltd, Cup and Handle BO on DTFA cup and handle breakout is confirmwed on Daily chart of NSE:RITES . One can create a fresh position in the scrip near 445 or below level witg a stop loss of 420 and for target of Rs, 500/550 in near term. Exit the position if the stop loss is triggered on WCB. DO YOU WANT ALL MY RESEARCH FOR FREE THEN DON'T FORGET TO FOLLOW ME. I AM EAGERLY WAITING FOR YOUR COMMENTS ON THE STUDY... Disclaimer: Content shared is for information and education purposes only and should not be treated as investment or trading advice. Please do your own analysis or take independent professional financial advice before making any investments based on your own personal circumstances. Investment in securities are subject to market risks, please carry out your due diligence before investing. And last but not the least, past performance is not indicative of future returns.
NSE:RITESLong
by raigvivek
Is it time for COFORGE to SURGE ?Company has delivered good profit growth of 21.3% CAGR over last 5 years. Company has been maintaining a healthy dividend payout of 40.5% Company's working capital requirements have reduced from 29.2 days to 15.2 days. DII bought more stake from FII and promoters. DII holding increased 5% last quarter. Co. has an order book of US$ 720 Mn. Coforge is an IT services company providing end-to-end software solutions and services. It is among the top-20 Indian software exporters. Prominent global customers include British Airways, the ING group, SEI Investments, Sabre, and SITA. Over the years, Coforge has set up subsidiaries in the US, Singapore, Australia, UK, Germany and Thailand, mainly to market and mobilize projects for the software division. The company has business partnerships with large IT companies across the world. Products & Services The Co provides AI-based digital business assistants, deep learning, machine learning, multi-currency, multi-lingual, multi-channel experience, image recognition, RPA, NLP, and workflow automation. During FY22, Coforge signed 11 large deals across our focus verticals and breadth of capabilities resulting in a total fresh order intake of $1.1 billion. This included a $105 million TCV contract in the BFS space and three $50 million plus contracts. Additionally, the company has made a few acquisitions in the recent past to increase revenue and enhance geographical and customer presence. Moreover, Coforge became an AWS Travel and Hospitality Competency Partner and also announced a global partnership with Kong – a Gartner 2021 leader in Full Lifecycle API management. The firm also announced the extension of its partnership with Cisco AppDynamics, the leading full-stack, business-centric observability platform.
NSE:COFORGELong
by CannySunny
Khelo Kushti aur Karo Masti with MSTC.- Stock is providing a good dividend yield of 3.51%. - Company has delivered good profit growth of 26% CAGR over last 5 years - Company has a good return on equity (ROE) track record: 3 Years ROE 30% - Company has been maintaining a healthy dividend payout of 39% - Promoter holding 65 % - Annual Net Profit rose 21.5% in the last year to Rs 242 Crores. Its sector's average net profit growth for the last fiscal year was 49.2%. - PE Ratio is 12 vs its sector PE Ratio of 85. MSTC (Metal Scrap Trade Corporation) Ltd undertakes trading activities, e-commerce and also disposal of ferrous and non-ferrous scrap, surplus stores, minerals, agri and forest products, etc. The company is owned and controlled by the Government of India. The company is significantly important for GOI as it undertakes various important e-auctions for the government. It sources raw materials like heavy melting scrap, low ash metallurgical coke, HR coil, Naptha, crude oil, coking coal, etc The company's branches are located across India in cities like New Delhi, Mumbai, Kolkata, Chennai, Bangalore, Hyderabad, Lucknow, Jaipur, Raipur, Guwahati, Chandigarh, and others It is casting more focus on untapped e-comm business from the private sector and has signed ticket agreements with Reliance, Indus Towers, Tata Power, Vedanta, and others. Mahindra MSTC Recycling Pvt Ltd is a JV with Mahindra Intertrade Ltd wherein the company holds 50% stake. It owns India’s first auto-recycling plant in Greater Noida, Uttar Pradesh for the scientific recycling of End of Life Vehicles (ELVs) and white goods. It has further operationalized Collection & Dismantling centers at Chennai and Pune in FY22. The JV can greatly benefit from the vehicle scrapping policy which can ensure continuous supply of ELVs for its plants.
NSE:MSTCLTDLong
by CannySunny
TATA COFFEE in a Cup & Handle CROCKERY. SmellsTASTY?- Company has been maintaining a healthy dividend payout of 22.5% - PE Ratio is 18 while sector PE ratio is 40. - Annual Revenue rose 21%, in the last year to Rs 2,880 Crores. Its sector's average revenue growth for the last fiscal year was 21.6%. - Annual Net Profit rose 78% in the last year to Rs 263 Crores. Its sector's average net profit growth for the last fiscal year was 22%. - Quarterly Revenue rose 5.8% YoY to Rs 708 Crores. Its sector's average revenue growth YoY for the quarter was 7%. - Quarterly Net profit rose 5.5% YoY to Rs 48 Crores. Its sector's average net profit growth YoY for the quarter was 11%. Tata Coffee Ltd is Asia's largest integrated coffee company, the second largest exporter of Instant Coffee and foremost producer of Specialty coffee in India. The promoter of the company is Tata Consumer Products Ltd which holds 57.48% shares of TCL. Its own instant coffee brands include Tata Coffee Grand, Eight-o-Clock, Sonnet, etc. Pepper The company produces pepper which is intercropped with coffee and tea at its estates. It produces 27 different categories of black pepper. The co. produced 732MT of pepper in FY23. It is the largest corporate producer of Indian origin black pepper in the world. Tea The company own 6 tea estates Tamil Nadu and districts of Karnataka and produces 5 million kg of tea p.a. Its offerings include CTC, silver tips, orthodox, green speckles and green tea. Green Beans The company grows various specialty coffee offerings from its estates in India i.e., micro-lots, washed arabica, washed robusta, monsooned & organic and certified. 90% of its washed arabica beans are exported as premium green beans to roasters to various nations. All of its estates are certified through 3 agencies i.e. UTZ, Rainforest Alliance and SA 8000 for commitment to people and environment.
TLong
by CannySunny
JULLUNDUR finds place in my PRAYER.PE Ratio is 7. Sector PE ratio of 36 - Annual Revenue rose 14.9%, in the last year to Rs 509 Crores. Its sector's average revenue growth for the last fiscal year was 26%. - Annual Net Profit rose 11.8% in the last year to Rs 27.1 Crores. Its sector's average net profit growth for the last fiscal year was 93.3%. Jullundur Motor Agency (Delhi) is engaged in trading and distribution of automobile parts, accessories and petroleum products. Located in Gurugram, the company has branches all over India. The company deals in products such as brakes, bearings, clutches, cooling system, engine components, suspension, power steering, oil & lubricants, filters etc. Most of Company's suppliers are original equipment manufacturers (OEM's) to vehicle manufacturers. The company has a branch network of 77 branches, with a staff strength of 680 people, with a dealer network of 75000 dealers pan India, covering almost all parts for all vehicles dealing in only in OE and premium quality brands The company is in the process of adding more products / lines in product mix and focusing on opening new outlets in tier-II & tier-III cities. The company is also investing in technology to help increase efficiency.
NSE:JMALong
by CannySunny
Have you ever heard ROLEX RINGS gives you WIIINGS?- Company has reduced debt. - Company has delivered good profit growth of 21.9% CAGR over last 5 years - Company has a good return on equity (ROE) track record: 3 Years ROE 29.3% - Annual Revenue rose 16.5%, in the last year to Rs 1,198.3 Crores. Its sector's average revenue growth for the last fiscal year was 26%. - Quarterly Revenue rose 8.6% YoY to Rs 313.7 Crores. Its sector's average revenue growth YoY for the quarter was 23.1%. - PE Ratio is 29.9, lower than its sector PE ratio of 36.3. - FII and DII holding increased last quarter. Rolex Rings is a leading manufacturer of forged and machined components in India and is one of the top 5 forging companies in India. The company is a Global supplier of hot rolled forged, machined bearing rings and automotive components for various segments of vehicles, Industrial Machinery, Wind Turbines and Railways. The company derives nearly 54% of its revenue from bearing rings and 38% from automotive components. The company exports its products bearing rings and automotive components to 17 different countries including France, Italy, Germany, Thailand, Czech Republic, USA, and others. Exports contributed 46% of the revenue of the company. The company supplies to automotive companies and leading bearing manufacturers such as SRF India, Schaeffler India, Timken India, etc. Top 10 customers accounted for 80% revenue of the company
NSE:ROLEXRINGSLong
by CannySunny
2
KMC SPECIALITY HOSPITALS looks all set for breakoutKMC Speciality Hospitals setting up nicely for a breakout with good volume and clean price action, as I highlighted in the chart we can see a clean cup (with a big base) and handle internal pattern formation. Also company has good fundamentals (high ROIC+ROCE, quick cash flow business, debt in control and good earnings growth). I have entered the scrip at 63 and placed my stoploss at 55. This can breakout from here or can give a small pullback till 64-62 which would be a great opportunity to initiate position. *DISCLAIMER* This analysis is only for educational purpose. I am not a SEBI Registered Analyst/Advisor. Please consult your financial advisor before taking any position and please use a Stop Loss for any Investments/Trading Positions. It is your hard earned money so give risk management your highest attention. Do take this disclaimer seriously.
BSE:KMCSHILLong
by nishant_bhatt
2