The stock is a holding company that holds RPSG Ventures, which is present in the BPM industry through its subsidiary Firstsource Solutions Limited (FSL), where it holds ~54% of the stake. FSL provides transformational business process solutions leveraging its ‘Digital First, Digital Now’ approach to create value across segments like banking and financial services,...
Petronet LNG is an investment stock with amazing dividend yield and a TTM PE ratio of around 10 at CMP of 222.
The chart of stock is quite simple. The stock is consolidating since 2017 but has continuously took support from a trendline which was earlier a resistance.
The stock is currently available at a strong demand zone which is the confluence of it 200 week...
Union bank is one of the top 5 largest PSU banks of India.
We have seen an amazing rally in PSU banks in the last couple of years on the basis of improved profitability and asset quality.
Technically, Union bank has a big scope of uptrend possible as the stock has recently broken the resistance of 100.
Positional traders can look for targets of 140, 175+ in next...
Fundamental analysis:-
Bank of Maharashtra is a PSUBank stock which can give good returns in short as well as long term.
The stock has a good dividend yield and is available at a cheap price as per PE and PB ratios.
Technical analysis:-
The stock has given a breakout from Inverted head and shoulder pattern. A closing above 32.45 can provide more than 10%...
Powergrid is a portfolio stock with good dividend yield and strong fundamentals.
The stock has given a breakout of cup and handle pattern with neckline of 250. The retest of the same is completed as well.
Stock can give good returns with minimum target of 300. SL can be below 246 DCB.
Idea is shared for educational purposes and should not be considered as a...
Weekend Pick 2: Huhtamaki Ind
Fundamentals: Decent, consistent on Sales, Profits, EPS, Growing Reserves Vs reducing debts. FII holding increased slightly. Healthy Dividends
Technicals: Harmonic XABCD Active with Good Volume, Price above standard MAs
R1: 295
R2: 325
R3: 355.. Above 360 big rally if sustains on weekly chart
SL: 225
IOC gave a breakout to resistance with a strong volume and presently having cup and handle design pattern
Breakout above 85 would give a target of 92+
More over MRCL gave a good returns and IOC having major stakes in it, we may expect good results on May 16th and have good dividend given after board meeting
#IOC #1W #CUPANDHANDLE #CUP&HANDLE
GLS looks attractive
Fundamentals : Very Strong, Consistent of Sales, Profits, EPS, CASH rich Vs No Debt, very strong quarter results...
Technicals : Bullish, Trend Reversal.. Gave Trendline breakout and retested with good volumes, price above MAs..
R1: 575
R2: 635
R3: 720++
Mid-long term Avg between : 450-400
Short term SL : 440
Technical Analysis -
1. Falling channel breakout above DZ turned SZ
2. Going from lower range to higher range of rising channel
3. Sustaining above 20EMA & towards 200 EMA
4. OI data supportive - A Short Covering is to be seen after Long Buildup wipe out last 2 days Short Buildup
Go long in ONGC by buying CE -
1. ENTRY / TARGET as per spot chart - 139.2 /...
HCLTECH has closed below 891 on daily time frame. This low was touched last year in May. The aggressive fall this week shows the bearish nature. Also the dividend payout may pull down the stock even further
