Fundamental-analysis
Multi Year Breakout - Retesting DoneIndo Count Industries is involved in the business activities of Manufacture of bedding, quilts pillows, sleeping bags etc..
The Stock broke out of a multi year resistance, completed its retesting and is ready to for targets. The RSI is perfectly placed at 65 levels indicating a good time to enter into the stock.
The Company has posted excellent results in Q2 & Q3 of FY 21. Sales increased by 23% and 24% respectively QoQ. At the same time EPS increased dramatically by 655% & 362% QoQ. Foreign Portfolio Investors (FPI) have continuously increased their stake from 7.27% in June to 9.82% in December. This shows growing confidence of FPI in the stock.
Accumulate for a target of 170-200 with an SL at 121.
Feel free to share your feedback and queries.
Resistance Breakout with Inverse Head & Shoulder FormationS H Kelkar & Company is involved in the business activities of Manufacture of essential oils; modification by chemical processes of oils and fats (e.g. by oxidation, polymerization etc.).
The Stock Broke a major resistance with a good volume with Inverse Head & Shoulder Formation and Rounding Bottom Formation on charts. RSI is perfectly placed at 67 levels that shows that the stock is not a overbought zone. There has been continuous rise in volumes indicating consistent accumulation of stocks.
The Stock performance has also improved considerably during Q2 & Q3 of FY 21 showing an increase in EPS of 233% & 201% respectively. Mutual Funds stake has continuously increased during the quarters form 2.21% in June quarter to 4.1% in December Quarter. Last quarter performance is pending and is expected to be on better side.
Accumulate now for targets of 170-200-240 with SL at 125.
Feel free share your feedback and queries.
BHARTIARTL - HARMONIC PATTERNI'M EXPECTING 700+ + IN UPCOMING MONTHS
REASON
1. HARMONIC BUY
2. RANGEBOUND MARKET (CAN GIVE BREAKOUT)
3.04-05-2021 RESULT FUNDAMENTAL ANALYSIS
Multi Year Breakout - Retesting Done (Multibagger Stock)Fineotex Chemical Lt is involved in the business activities of Manufacture of chemical products or preparations of a kind used in the textiles, paper, leather and like industries.
The stock has broken a multi year resistance with great volume. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles. The Company has reported a robust sales number in its last quarter results for FY 21 with an increase(%) of 72% QoQ. EPS has also improved dramatically by 277% QoQ.
Mutual Funds have shown their interest & added this stock in their portfolio for the first time in the 3rd Quarter of FY 21 by buying an stake of 5.97%. This stake has also improved in the last quarter of FY 21 and now stands at 6.15%. Rise in interest is a good sign for the stock.
The Stock has a potential of turning a Multibagger.
Accumulate with SL of 59 for targets of 90-106 respectively. I would further recommend to hold it for 3-5 years for 10-15 times return.
Feel free to share your feedback & queries.
Indusind Bank Trade Setup For Monday (3rd May)950 is a strong resistance level.
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On Friday, IndusInd Bank share tried two three to break this level but failed.
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So maybe on Monday, it can break the levels 979 is our first Target.
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On Friday company announced a very good Quarter Results.
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So maybe there is 1% chances that you can see the profit booking .
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But trust me if it's goes down you can accumulate this share for positional purpose.
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You can give your suggestions in comment box.
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Akzo Nobel - Capital Market AnalystsHie, In this investment series we talk about some fundamentally strong companies identified by Capital Market analysts in their latest issue.
Akzo Nobel India Ltd. engages in the manufacture and sale of paints and related products. It focuses on the Coatings business which consists of decorative, automotive and industrial paints, and related activities. It offers its products through the Dulux Colour Play, Dulux Professional, TRINAR, and International brands.
*Company has been maintaining a healthy dividend payout of 34.80%
* FII/FPI have decreased holdings from 0.83% to 0.81% in Dec 2020 qtr.
*The company has delivered a poor sales growth of 1.74% over past five years.
For more, you can check the stock out on screener.in/company/AKZOINDIA/#peers
Sources credit:
Trendlyne & Screener.in
INDICATORS USED:
1) Daily Lines Plots Daily 20 (BLACK) & 50 EMA (GREY), BLUE (200 DAILY EMA ) On Lower Time Frame Charts.
2) Valuation band
KEYS: Red Faded Cloud: Over Valuation.
Grey Faded Cloud: Proper Valuation.
Green Faded Cloud: Under Valuation.
3) TE-REKAB - Proprietary Indicator
KEYS:
PB: Pullback
H/Blue Candle: Selling Divergence
L/Yellow Candle: Buying Divergence
If you like the analysis, do leave a like and follow for more such content coming up.
The analysis is my POV , in no way it is a buy-sell recommendation. Hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!!!
Advanced Enzyme Technologies Ltd - Capital Market Analysts
Hie, In this investment series we talk about some fundamentally strong companies identified by Capital Market analysts in their latest issue.
Advanced Enzyme Technologies Ltd. engages in the research, development, manufacture, and sale of enzyme products. It offers products for human nutrition, animal nutrition, food processing, and non-food processing.
*FII/FPI have increased holdings from 16.01% to 17.11% in Dec 2020 qtr.
*Company is almost debt free.
*Promoter holding has decreased over last 3 years: -15.93%
For more, you can check the stock out on screener.in/company/ADVENZYMES/consolidated/#peers
Sources credit:
Trendlyne & Screener.in
INDICATORS USED:
1) Daily Lines Plots Daily 20 (BLACK) & 50 EMA (GREY), BLUE (200 DAILY EMA ) On Lower Time Frame Charts.
2) Valuation band
KEYS: Red Faded Cloud: Over Valuation.
Grey Faded Cloud: Proper Valuation.
Green Faded Cloud: Under Valuation.
3) TE-REKAB - Proprietary Indicator
KEYS:
PB: Pullback
H/Blue Candle: Selling Divergence
L/Yellow Candle: Buying Divergence
If you like the analysis, do leave a like and follow for more such content coming up.
The analysis is my POV, in no way it is a buy-sell recommendation. Hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!!!
AB Capital - Capital Market AnalystsHie, In this investment series we talk about some fundamentally strong companies identified by Capital Market analysts in their latest issue.
Aditya Birla Capital Ltd. engages in the provision of financial services. It offers group life insurance, general insurance, private equity, pension funds, corporate finance, and real estate finance.
*FII/FPI have increased holdings from 2.63% to 2.79% in Mar 2021 qtr.
*Company has delivered good profit growth of 22.78% CAGR over last 5 years
*Mutual Funds have decreased holdings from 1.44% to 1.41% in Mar 2021 qtr
*Company has a low return on equity of 9.01% for last 3 years.
For more you can check the stock out on trendlyne.com/fundamentals/financials/61684/ABCAPITAL/aditya-birla-capital-ltd/
Sources credit:
Trendlyne & Screener.in
INDICATORS USED:
1) Daily Lines Plots Daily 20 (BLACK) & 50 EMA (GREY), BLUE (200 DAILY EMA ) On Lower Time Frame Charts.
2) Valuation band
KEYS: Red Faded Cloud: Over Valuation.
Grey Faded Cloud: Proper Valuation.
Green Faded Cloud: Under Valuation.
3) TE-REKAB - Proprietary Indicator
KEYS:
PB: Pullback
H/Blue Candle: Selling Divergence
L/Yellow Candle: Buying Divergence
If you like the analysis, do leave a like and follow for more such content coming up.
The analysis is my POV , in no way it is a buy-sell recommendation. Hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!!!
Ashok leyland-Head and shoulder pattern done, Buy now @113Please note that our previous analysis of ashok leyland was for short side as we analyzed the Head & Sholder pattern and gave the target of 109 to sell futures. Now the pattern is complete and Bottoming is also done. Therefore, as more value is left in this stock so intitate buy for a short term target of 125 and medium term target of 140.
DOUBLE BOTTOM with Bumper Volume NSE:UJJIVANSFB
Fundamentally sound company too and has a lot of growth prospect.
Investment opportunity in HINDUSTAN UNILEVERNSE:HINDUNILVR
HUL is always strong in fundamentals...
and this stock can go till 2400,2500...
DISCLAIMER : This is just for educational purpose....
ORAI/USDT This GEM is about to pop out very soon looks like in this area there is good demand and supply is eaten out soon we might see a good move
DAILY SWING CALL // Tuesday 16th of March 2021 / NSE: TRIDENTDAILY SWING CALL // Tuesday 16th of March 2021 / NSE:TRIDENT
// This is a swing trade call and not an intra-day trade. Please do not expect the stock to go up on the same day of posting or within a few sessions. Please follow the notes along with the posting before, during and after entering the trade //
CMP / LTP: 15.35
TARGET: + 17.65 (15% Around)
STOP LOSS: 13.80 (10% Max)
Standard Notes:
- Please follow the Stop Loss strictly and preferably on a daily closing basis.
- Recommended Profit Booking / Exit is on +12-15% & If you still want to hold the stock, trail the SL once this target is achieved.
- Duration: 15-20 Trading Days is suggested for all my trades and is an indicative period.
- If SL / Target are not triggered and you still wish to hold the trade, this can be done as long as SL is followed or trailed.
Disclosure: I may or may not have a position in this trade.
Disclaimer: All the recommendations are subject to market conditions. Please trade at your own risks.
Chart of the Week (13/03/2021)Dr. LalPath Labs is our chart of the week. The chart is pretty self explanatory and the trendline is clearly visible in this line chart. According to me this is an investment grade stock and can be even part of your portfolios. This rate looks like a good place to add position.
WABAG- Rekha Jhunjhunwala Portfolio Stock. Hie, In this portfolio specific series, we talk about some stock which top Indian investors hold.
In the limelight today we have Rekha jhunjhunwala. Her net worth is over Rs . 3,861.1 Cr .
She is the co-owner of the company 'RARE Enterprises' with her husband Rakesh jhunjhunwala. The name of the company is derived from the initials of the joint owners,'Ra' from Rakesh and 'Re' for Rekha. It seems like the company name is the only place where is she given equal opportunity of merit whereas on Google and Wikipedia they have not given her any digital space of her own. I guess history will see down, yet another mysterious woman whose story could have benefited thousands if not millions, go undiscovered and unexplored. Holding% - 8.04%
VA Tech Wabag Ltd . engages in the design, supply, installation, and operational management of drinking water and wastewater treatment plants. It offers design, engineering, procurement, construction, erection, commissioning, operation, and maintenance solutions for drinking water, industrial wastewater, municipal wastewater, industrial and process water, seawater and brackish water desalination, and industrial and municipal wastewater treatment.
*FII/FPI have increased holdings from 13.16% to 14.52% in Dec 2020.
*Companies in Water Resource/Management
*Strong cash-generating ability from core business - Improving Cash Flow from operation for last 2 years
*Annual net profit declining for last 2 years
for more you can check the stock out on trendlyne.com/fundamentals/financials/1507/WABAG/va-tech-wabag-ltd/
Sources credit:
Trendlyne
INDICATORS USED:
1) Daily Lines Plots Daily 20 (BLACK) & 50 EMA (GREY), BLUE (200 DAILY EMA ) On Lower Time Frame Charts.
2) Valuation Band
KEYS: Red Faded Cloud: Over Valuation.
Grey Faded Cloud: Proper Valuation.
Green Faded Cloud: Under Valuation.
3) TE-REKAB - Proprietary Indicator
KEYS:
PB: Pullback
Blue Candle: Selling Divergence
Yellow Candle: Buying Divergence
If you like the analysis, do leave a like and follow for more such content coming up.
The analysis is my POV , in no way it is a buy-sell recommendation. Hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!!!
Prakash Ind - Multi year breakoutKeep SL at 60. Target 30%+. Good RR. a small cap script. Investor Rakesh Junjunwala holds stake. Trade with caution.
