TCIEXP BUYThis stock has been holding for the last 5 days and now broke out Darvas box with good volume after a post result
expecting good returns from this stock in the coming days/weeks
On the fundamental side, it has given good results on a YoY basis
Quarterly EBITA Growth 39% up
Quarterly PAT Growth YoY 45% up
Earnings
PNB under Triangle formationhello Traders,
Technicals:
If you wanegative but revenue increased
2. Punjab Nationalnt to go long then I will suggest you to buy near the trendline and then add Qty after the ascending triangle get broken.
Fundamentals:
1. Earnings were Bank raises Rs 1,919 crore via bonds - NEWS
Thanks!
Please like my idea if you really like it and happy trading! NSE:PNB
** 44% downside possible in Paytm **Paytm's business model lacks focus and direction, the company a 'cash guzzler'.
Paytm's valuation, at 26 times FY23 price to sales (P/S), is expensive especially when profitability remains elusive for a long time. Most fintech players globally trade around 0.3-0.5 times PSG (price to sales growth ratio) and we have assumed the upper end of this band. We are unwilling to give it a premium here as we are unsure about the path to profitability. Key risks include change in regulations which allow monetisation of UPI and receipt of a banking license.
Jai Hind.
Disclaimer:
This video is only for educational purposes. Please consult your financial advisor before you take any trades. I am not a SEBI Registered Analyst.
cup & handle candidate !IOC :
trade set up :
1. buy above 116
2. keep stop loss as 100
on closing basis
3. targets 131/143/162+
key technical highlights :
1. cup & handle
2. trend line
3. value
note :
stock is trading at handle portion of the (c&h) pattern . recent ( Q on Q ) is good.
expected a good breakout with this pattern for good returns . good long term pick
Devyani International Breakout EarningsDevyani International is a service provider to KFC and Costa Coffee, one of the leading retail food business.
CMP 130
SL 105
Target 155/160
Note: Sales rise 124.43% to Rs 516.08 crore. Net profit of Devyani International reported to Rs 45.70 crore in the quarter ended September 2021 as against net loss of Rs 66.70 crore during the previous quarter ended September 2020. Sales rose 124.43% to Rs 516.08 crore in the quarter ended September 2021 as against Rs 229.95 crore during the previous quarter ended September 2020.
Stock Analysis of Gravita India Ltd.Price - 218.75 Dt. - 29.10.2021
Since 17th Aug. stock is facing resistance at 219 levels. On 29th Oct. stock tried to break the level but failed and closed at @218.75 with higher than average volume.
The stock also performed well when all indices decided to close in red. Looking at the buying volume we can safely say that the traders are expecting a good quarterly result which is scheduled to declare on 1st Nov.
If stock is above the 219 levels on Monday then it can give a good return in the short term. A good return is dependent on the company result, so keep the SL before initiating the trade.
Mothersumi: LongMotherson Sumi: Financials are good. 12Nov is the next earnings date, we can expect a bull run until then, based on anticipation of good results. Apart from that, technically 257 is strong resistance, before the breakout, we can expect the price to linger around 250-257 levels, post-breakout we can even expect 268 as a target.
Birla Corporation Long It has a trendline resistance to break and post a confirmation candle, Hold
fundamental wise,Post commissioning of Mukutbandh project (likely in FY22E), the company will embark on the next phase of growth to enhance its capacity to 25 MT, The ongoing expansion at Mukutbandh, Maharashtra is likely to get
completed in the Q4FY22E vs. Q2FY22 targeted earlier due to ongoing
second wave of Covid
Jindal Stainless #JSL - Making a good base before the next runJindal Stainless Limited (#JSL) - Making a good base.
High profitability, increasing margins, reduced debt, merger news, easy earnings comparison for the upcoming quarter, all make a good recipe for a good trade. Details on the chart.
For easy reference, see this picture
bearish in manapuram but might reverse read description this is beyond technical i think this time results will be positive for gold finances as gold prices are decreasing which will lead to SQUARE OFF in gold loans given or those gold will be auctioned or sold , that will result in good profits think so fundamentally or can avoid as it is bearish for a while
Trade with good breakout concept !jswsteel : 763.25
trade set up :
1. buy above 766
2. keep stop loss as 735 on closing basis
3. targets expected 860+
technical buy set up :
1. rectangle
2. double top breakout
3. volume
note : good bullish structure with stock price
& consolidating before breakout .
with technical there is additional good results (Q on Q)
time frame one month.
VSSL looking good Positionally1. Stock in Continous uptrend.
2. Relative Strength Strong & increasing.
3. Stock crossed All Time High (2017) of 195.15 and was consolidating after multi-year Breakout.
4. Spread chart Breaking out.
5. Accumulative positive volume activity during consolidation.
6. Good Q1 numbers.
7. Stock is up today when most of the Nifty & Mid-cap stocks are in Red.
multiple resistance/rounding bottom buycastrolind : 141.60
trade set up :
1. buy above 150.50
2. keep stop loss as 128 on closing basis
3. targets 162/186/222+
buy based on technical :
1. rounding bottom
2. multiple time frame analysis
3. resistance
4. value buy
note :
breakout attempted once and retested ,
results were too good last quarter .
good long term pick .
its almost debit company at good valuation to pick