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Earnings

AMBUJA CEMENT ON THE WAY OF BECOMING ULTRATECHThe stock has posted pretty good quarter , net profit has zoomed 3X quarter on quarter basis moreover the stock has reasonable PE compared to the peers . it has immense potential on becoming the next ultratech . the techincals also support the fundamentals which shows further reliabilty since the adani takeover the company is doing great . the stock has formed an inverse head and shoulder pattern and 589 level is a crucial resistance upon breaking it can reach till 851 levels
NSE:AMBUJACEMLong
by keshavmaharaj958
Can Paytm reach 1000 with this breakout?The infamous stock of Paytm which was the largest IPO at the time of its listing has eroded IPO investor's wealth by more than 50%. However, the strong has been consolidating from quite few months now. We have seen multiple buybacks from the founder and promoter in this stock during the same which was a positive sign. However, near the release of Q4 2023 results, the stock had started its uptrend by forming higher highs, higher lows. Now, the stock has given a breakout of inverted head and shoulders with heavy volumes last week whose neckline was 750. The stock has given weekly closing above 800 levels which is a big positive for the stock. The stock might face an immediate resistance near 840-850. One can keep this stock on watchlist for buying near retest of 750-760 levels if there is a retracement for big targets of 990, 1125. Note:- This idea is shared for educational purposes and should not be considered as a recommendation.
NSE:PAYTMLong
by chartistamey
2
SBI Cards; Bullish viewGot these shares in the IPO; added some more at Rs 515 Now the share has retested it's weekly support (which was pending). I am expecting a great journey on the long side (of course it'll take time). New entry not suggested; "Hold" for the person already have this. I promised myself that I won't exit this stock until and unless my money is "doubled". Fundamentally it looks attractive: 1. Reduction in competition: HDFC bank being restricted to issue new credit cards 2. It is 2nd Largest issuer of credit cards in India 3. 41% CAGR for previous 4 years in PBT (Profit Before Tax) I've shared my view, but please do your own analysis.
NSE:SBICARDLong
by UnknownUnicorn7637383
Undervalued Small Banking Stock - Good For InvestmentCSB Bank previously known as Catholic Syrian Bank Ltd. Analysis - Has major income from retail group and well diversified business in terms of Income. NIM (Net Interest Margin) which is one of the major incomes of Bank is more than 5% not even major banks have this much, very few banks are able to keep it above 5%. If you see last 5-year profit growth is almost 50% highest among many banks. Whereas stock PE is less than Industry PE Technically - Stock is crossing out of August 2021Levels. CMP is 354. So, one can add from CMP to level of 330 as Weekly RSI is overbought. It might cooldown. above 358 more strong Targets - 375 is small hurdle if crossed than above that we may see Targets of 450/555 & we can keep SL of 300.
NSE:CSBBANKLong
by shahb4131