Servcorp: Strong Fundamentals and Double Breakout PotentialServcorp Limited ASX:SRV has demonstrated strong financial health with a rising RSI and a significant breakout on the weekly chart. After a period of consolidation following the main breakout, the stock has formed a second breakpoint, indicating further upside potential.
Fundamentals:
Valuation Multiples: Trading at a low EBITDA and revenue valuation multiple
Dividend History : Maintained dividend payments for 25 consecutive years
Profitability: Profitable over the last twelve months
Balance Sheet: Holds short-term obligations that exceed liquid assets
Return: High return over the last year
Analyst Predictions: Expected to be profitable this year
Technical:
Rising RSI: Indicates strengthening momentum
Strong Weekly Breakout: A significant bullish signal
Second Breakpoint: After a mini consolidation following the main breakout, the stock is well-positioned for a stronger move
Consolidation: Previous consolidation suggests a potentially stronger move this time
ASX:SRV
Dividendstocks
MFG: Breakout After Consolidation with 15% UpsideASX:MFG (Magellan Global Fund) has recently achieved a big breakout after a period of consolidation, supported by strong fundamentals and favorable technical indicators. The fund boasts a high Piotrowski score, a higher Altman Z-score, and a very low debt-to-equity ratio. With a solid dividend yield of 6.4% and a trending lower PE, MGF presents a promising opportunity for investors.
Fundamentals:
High Piotroski score, indicating strong financial health
Higher Altman Z-score, signaling financial stability
Very low debt-to-equity ratio
Good dividend yield of 6.4%
Trending lower PE ratio, making it attractively valued
Technical:
High RSI, showing strong momentum
Breakout after a period of consolidation
Higher relative strength compared to the broader market
Potential upside of 15-16% in the short term
Investment dividend stock near support!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 EMA and 50 week EMA.
The stock is attractive at CMP and can also be added on dips uptill 205. SL can be a weekly closing below 190 and Targets can be 240,257 & 270.
If the stock sustains above the supply zone of 270-280, we can see a flag-pole breakout which can take the stock to new highs . So keep this stock in radar for long term purposes as well.
Note:- Idea has been shared for educational purposes only and should not be considered as a recommendation.
Two side income from stock marketWe all are here in Stock market to earn. And many of us think that there is a limit to earn. It is true but. We required to think about new ideas and new strategies . We should be calculative while we investing in stock market.
Why I am telling this?
New idea means!! Many peoples investing in stock market only on tips or on advise of there peoples. these people can be their colleagues / friends / relatives / influencer. Whenever you are going to invest your money in any stock, think about how to earn maximum profit with your capital. Get new idea to increase your returns. (I'm advising a new idea later in this post)
Calculative What is calculative term? I mean to say. You should have levels of the stock. ie. Before enter in stock you should have your Targets in Stop-Loss in mind. And you should also stick on that levels.
Topic Two side income from stock market
Two side income means. Invest in stocks which have high dividend yield. Reason - When there is volatility in the market, high dividend stocks can protect your portfolio. Due to high dividend yield, they can balance the risk if fall in stock.
Divided stocks have potential for value appreciation. in this way you can bring double benefits in the long run.
Now you can understand it with this example.
You buy 1,000 Qty
and Invest Rs.2,50,000/- (250/- per share)
If you get 20% return in one year. Return on Investment : Rs.50,000/-
Additionally:
Dividend Rs.9/- per share (Dividend Return: Rs.2,250/-)
Your Total Profit in one year 50,000/- + 2,250/- = 52,250/-
Here I'm mentioning some high dividend yield stocks (majorly PSU, I'm referring) :-
Coal India 10.5%
SAIL 9.6%
ONGC 6.5%
NMDC 5.4%
PFC 5.1%
BPCL- Bullish HARMONIC Buy Signal!Attached: BPCL Weekly Chart as of 17th March 2023
Going by Harmonics:
A Bullish Anti Bat Pattern has got activated with this Week's Bullish Power Candle Close above 350. This is a BUY signal!🚀
Going by Dow Theory:
We see that Price has also put in its First Higher Low of 314 since the Lows of 288 back in October 2022. This is a Sign of a Trend Reversal Structure.
The Prior Trend was DOWN on the Weekly TF. Now it appears the Trend is turning on the UPSIDE.
Coming back to the Harmonic Pattern, our Plan of Action for a Positional Trade is:
Buy Entry triggered at Current Market Price of 351✅
Stop Loss can be placed below 52 week low which is ~ < 288⚠️
Upside Targets🎯 as follows:
T1= 380 to 400
T2= 480 to 500
T3= extension beyond 500 level, towards Prior ATH / New ATH
(Also do check out my related idea on BPCL which looks at the Daily TF)
...........
If I were to talk about some Fundamentals,
then BPCL also has a 4.5% Dividend Yield which is quite Attractive in a Rising Interest Rate Environment that the Global Economy currently is in
And so it is also a Buy if you consider the Dividend along with a Capital Appreciation potential📈
REC Forming Inverse Head and Shoulder Pattern, Will it work.?It has always been interesting to see a dividend paying stock at its crucial long term resistance zones. Big people do not consider it a worth "buy" at higher levels.
But why?
- Dividend paying stock are not for growth, as major chunk of company's profit goes into dividend payout.
- Dividend yield, which become lesser and lesser at higher levels. So why would one invest in a stock which is not likely to grow much and the dividend he is receiving is far lesser than Fix Deposits.
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Now it a clash of technical analysis and fundamental analysis.
Technical Analysis says buy strength, go with trend buy above resistance level.
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On other hand fundamental analysis consider company's cash flow, valuations and expected future growth.
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Every time I see market it teaches me a new thing a new lesson some are sweet some are bitter. I am open to new ideas and not rigid on past experience and saying. In TA we believe that history repeat itself but believe me if you closely observe enough, you will see every event in itself it is completely unique.
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Hope you enjoyed this post thanks for reading.
BSE Ltd. LongBSE Ltd. is a quality stock as it offers the holders promising fundamentals & the dividend payout is also good.
Possibility of Upside in sight if trend breaks the wedge. Good stock for long position.
Fundamentals: Good
Dividend: Good
Technical: Falling Wedge
Target: 590/616/641/704
Support: 559/545
Time Frame: 12-16 months
HINDUSTAN ZINC - DAY CHART - 16.11.2022 - BAHAVAN CAPITALHINDUSTAN ZINC posted on 15.11.2022 Stock Above 312 Target 318. On 16.11.2022 ( Today ) Stock made high 321 and closed at 319.
Interim Dividend had been fixed at Rs.15.50/- and EX Dividend Date at 23.11.2022 and Record Date 24.11.2022.
Happy Profitable Trading to all...
COAL INDIA - 12.11.2022 - BAHAVAN CAPITAL - DIVIDEND STOCK - COAL INDIA after announcing 15 rs dividend.
Even after a good gap up on 11.11.2022
but the stock falling back is really stunning and shocking....
I am surprised bcoz on the Ex date or the Record date the stock will be under selling pressure
but surprisingly before any of these dates such strong selling pressure on a gap up day.
Even though FII Net Buying was 3958.23 Crores and DII Net Buying was 615.54 Crores...
That's why
Even though you cannot predict the Market Movement
Now you cannot even anticipate the Market Movement
Rather only accept the market Movement
Happy Profitable Trading to all....
REC - DAY CHART - 27.10.22 - DIVIDEND - BAHAVAN CAPITALREC Ltd board has approved and declared an interim dividend of 5 per share for the financial year 2022-23
and the record date for the said interim dividend is Wednesday, November 9, 2022
and the said interim dividend shall be paid/ dispatched on Thursday, November 24, 2022.
This stock is expected to move up.
Happy Profitable Trading to All
VEDANTA - DAILY CHART -23.09.2022 - BAHAVAN CAPITALVEDANTA as per Daily chart Analysis is in the Channel Pattern.
Shareholders of Anil Agarwal-led Vedanta will consider a proposal on oct 11 2022 to transfer ₹12,587 crore from
general reserves to retained earnings for further distribution as dividend to investors.
The special dividend of Rs 12,500 crore is likely to be Rs 33 to 35 per share.
ONGC PSU, Good results and at verge of breakout. ONGC has posted a solid results this Q1 of FY 22-23
Stock has made higher lows and higher high formations.
Successful B/O at 131.6 range of historical resistance after retesting the Point of Confluence which is support of trendline and the B/O resistance turned support.
* Dividend announced of INR 3.25/- per equity share 18th Aug Ex -Div
Once can enter after retesting the trendline keeping SL below the retest area/ the lower candle before B/O or according to your analysis.
Targets can be set according to FIB levels and resistance levels.
One can hold this stock for long term as this is one big player in Oil and Gas Industry with good dividend history.
Please do a thorough analysis before entering the trade, this is not a recommendation / a trade call.
Please let me know your observations / opinions in the comment box below.
Please follow your risk reward appetite and your rules of trading and do not compromise with risks.