The stock is forming a cup and handle pattern on daily timeframe moreover it has been in consolidation for quite long and now it is on verge of breakout , 2432 has been a crucial resistance which can be broken soon moreover the fundamentals of the stock are phenomenal in short term it can rally till the 3000 levels
Biocon PE = 32 less than Industry PE PBV also less than Industry PBV PEG = 2.4 Low ROE, ROCE Good sales and profit growth in last 5 years. Last 1 year sales and profit growth are excellent - 48% sales growth, 83% profit growth Stable promoter holding
AArti Industries announced end of year results on Fri, 10th May after market. QOQ 👉Revenue rose 2.37% to 1773cr 👉Profit rose 6.45% to 132cr 👉EPS rose 6.43% to 3.64 👉EBITDA rose 9.27% to 283 👉EBITDA Margin rose 1.00% BPS to 16% YOY 👉Revenue rose 7.07% from 1656cr 👉Profit drops -11.41% from 149cr 👉EPS drops -11.44% from 4.11 👉EBITDA rose 11.86% from 253 👉EBITDA...
Vijaya diagnostics posted good results. Cup & handle pattern. Fundamentally sound company.
If you look at Quarterly chart, We could see a pattern that after an year consolidation, 100% rise has happened. Could we expect Dec '23 - Dec '24 as consolidation period. Historically, 1st quarter of polycab hasn't performed except last year which was a surprise. Let's see what happens this year. Higher low hasn't formed yet in weekly chart.
ShareIndia 61.8% fib level of wave 2 to 3 held as support. Looks like wave 3 to 4 is over. Still don't see positive divergence in weekly chart. Can expect final wave to rise and reach above target levels as per chart.
Cartrade has given outstanding Q4 2024 results and bullishness in the stock is indicator of same. However, these stocks come with good amount of risk with bigger rewards. Stock has formed beautiful cup & handle pattern and is about to break it. Once 1000 is crossed, we can see ATH levels soon. I had seen similar breakout in PBFintech (Policybazaar). If you...
Few months ago I bought olectra greentech at 1350, it crossed 2000 and now is trading near 1650. Olectra's quarterly results were declined and now we have an opportunity to buy and there will be a breakout soon in it, also fundamentals are great I have more confidence in it
The stock is ready to rally after a long correction stock can rise from here . Fundamentally stock is good
Petronet among gas distribution brokeout all time high. Gas distribution sector also gave trendline breakout. Fundamentals of Petronet is also good. OPM has been steadily increasing over past 4 quarters along with net profit and eps. Stellar ROE record over 10Y period
On this Daily Chart, we can see that Kotak has made a recent swing low of 1546 on Friday after losing support from its 1650 level. The results were out yesterday and Kotak has announced 26% increase in profits beating the market estimates. This should potentially cause a reversal in price going forward. In the short term, price is likely to touch the 200D SMA...
➡️Lowest P/E in 5+ years ➡️Same price as 2021 ➡️Highest ever sales and EPS (hoping for trend following results)
Honestly, All Brokerage reports downgrade time by time and buy the stocks from retails. The stock showing its outperforms continue... Management is very strong, incase one Quarter result is bad it's buying opportunity because company management is very strong and it make profits again and same beat estimates.
NSE:RELIANCE is ready to MOVE. Closing outside this zone will drive the way ahead. New Jio plan is out, results are already there. Expecting a positive move from here.
Stylam Industries under the industry Plywood Boards/Laminates is engaged in the manufacturing of decorative laminates exports its products primarily to European and South East Asian countries. Company has excellent fundamentals. Improved ROCE, Debtor & inventory days along with working capital. Stock looking to breakout trendline in chart. RSI already brokeout...
Good volume buildup in daily and weekly timeframe. All time high breakout with good volume buildup after some consolidation. Earning report in few days, if in favor can give good movement. NOTE: i do my analysis, do yours before trade.
Reason To Buy : Fundamentals are good and expect a sector shift in chemical, Fii Holding increase QoQ Note : Aggressive Buy Allocation : 3.33%
IDFC ANALYSIS:- Either the price breaks the trendline and then re-tests it,an entry can be taken. Second entry can be taken when the 130 zone is broken with N pattern re-test Also check the last 2 day buy volume. Note: Though the fundamental numbers not look promising but the sudden change in candles with increased volume may tell a story. Disclaimer: Only...