Fundamental-analysis
Long Term Investment Prospects - Balaji Amines (Tech+Funda)Balaji Amines is backed by a strong management team which aspires to be the largest manufacturer of every chemical they produce. With the aim, currently it is undergoing continuous capex and that is why see lower profit margins. However, with an increasing capacity, profits are still growing almost every quarter (though with lower margin!).
Notably, this time Balaji Amines beaten the margins of a profit margin master competitor Alkyl Amines as well. Balamines is facing adversity by industry sell off and not a company level performance problem. With a disciplined execution of management agenda, company seems to have passed over raw material price hikes well in time and that is why it continued enjoying stably high opm of 28% (compared to 18% of Alkyl).
Technical indicators:
1. When drawn almost a life-time Fibonacci, it seems to be hovering between 50-61.8% levels and consolidating positively
2. When drawn Fibonacci from life time high to the low of down trend, it seems to have returned twice from 38.2% and now, taking support again at around 3100 level
3. After falling to the bottom of the downtrend, stock is consolidating in bigger range, but with positive RSI divergence every time. That is an indicator of healthy accumulation in the counter
4. If it again respects the support level at around 3100-3000, then it will become a stronger psychological support zone and hence investing at these levels is most favorable risk reward level for investing
Resistances:
3230, 3390, 3450. 3740
SL: 2800
Disc.: This is not a buy recommendation. This is just for study purpose and I am not a SEBI registered advisor. I may be holding in all or any of the studies presented by me.
Reliance ready for the uptrend!🤩💸🔥Buy Reliance for Positional Trading as well as Investment.💸🔥💸
Comment your views‼️😄
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💡About Company:
Reliance Industries is one of India’s biggest conglomerates with a presence in oil refining & marketing and petrochemicals, oil & gas exploration, retail, digital services and media, etc making it a well-diversified business entity.
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💡Future View:
Reliance Jio raised its prepaid tariffs by ~20% across the board, albeit maintaining the popular packs pricing at 7-14% discount to peers.
RIL’s consumer business will be the growth driver, going ahead.
The company has a strong balance sheet post fundraising while its traditional business will continue to generate steady cash flows.
Increment value will be unlocked from the ‘digital ecosystem’ that will be captured at the Jio Platforms (JPL) level.
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✅Both Technically and Fundamentally strong stock.💪💪
The company recently posted the best Q3 Result.
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❇️The stock had given a breakout of the 1-year long resistance in Sept 2021 post that it is in retracement phase from mid-Oct 2021. Heavy demand near major support indicates that we can expect a strong uptrend from here.
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💎@technofunda_trader
Few Important rules from my Trading Philosophy:
Don't compromise on the quality of stock.
2. Buy right, Sit tight- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar issues.
3. Don't invest more than 5-10% in any stock & more than 25% in any particular or related sector.
4. Build position gradually as the stock rises.
5. Trade in the direction of the bigger trend.
6. Ride the trend, don't sell your winners early.
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Like, Comment & Share 😄😄😄
ONGC ready for the uptrend!🤩💸🔥Buy ONGC for Positional Trading as well as Investment.💸🔥💸
Comment your views‼️😄
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💡About Company:
Oil and Natural Gas Corporation Limited specializes in the exploration and production of crude oil and gas. The Company has joint ventures in oil fields in Vietnam, Norway, Egypt, Tunisia, Iran and Australia.
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💡Future Outlook:
ONGC’s topline performance is expected to register growth over the forecast period mainly due to the recovery in crude volumes and increase in realization. Revenue from Natural gas and Value-Added products is expected to improve due to the minimization of supply chain disruptions globally. This along with a possible hike in natural gas prices could drive the performance further.
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✔️ Technically & Fundamentally Strong💪💪
The company recently posted an Amazing Q3 Result.
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‼️ The stock gave a Multi-Year breakout in Oct 2021 and then it was in a retracement phase. With the recent start in the trend, a strong rally is expected from current levels.
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💎@technofunda_trader
Few Important rules from my Trading Philosophy:
1. Don't compromise on the quality of stock.
2. Buy right, Sit tight- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar issues.
3. Don't invest more than 5-7% in any stock & more than 25% in any particular or related sector. If stock is risky don't invest more than 2-3%.
4. Build position gradually as the stock rises.
5. Trade in the direction of the bigger trend.
6. Ride the trend, don't sell your winners early.
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Like, Comment & Share 😄😄😄
Buyers get attracted to High Dividend PayoutCoal India just gave breakout and we can enter between 165-170, this breakout will be supported by ex dividend date 21 February
Coal India has given good payouts in last four quarters with minimum of 35% (3.5 rupees) and maximum of 90% (9 rupees) and as there is dividend payout soon for which ex dividend date is already declared as 21 feb
Buyers who are happy to take the dividends will buy the stock in large quantities in next week and push price high to break 52 week high too... we can buy this stock and hold it till 21 feb and take dividends and we can exit with profit.
Disclaimer: Our content is intended to be used and must be used for information and education purposes only. It is very important to do your own analysis before making any investment based on your own personal circumstances. You should take independent financial advice from a professional in connection with, or independently research and verify, any information that you find on my idea and wish to rely upon, whether for the purpose of making an investment decision or otherwise.
Balaji Amines ready for the uptrend!🤩💸🔥Buy Balaji Amines for Positional Trading as well as Investment.💸🔥💸
Comment your views‼️😄
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✔️ Technically & Fundamentally Strong💪💪
The company recently posted an Amazing Q3 Result.
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‼️ Already in a long term uptrend + High volume buying near the support level & 200 ema + Amazing Q3 result.
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💎@technofunda_trader
Few Important rules from my Trading Philosophy:
1. Don't compromise on the quality of stock.
2. Buy right, Sit tight- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar issues.
3. Don't invest more than 5-10% in any stock & more than 25% in any particular or related sector. If stock is risky don't invest more than 2-3%.
4. Build position gradually as the stock rises.
5. Trade in the direction of the bigger trend.
6. Ride the trend, don't sell your winners early.
.
Like, Comment & Share 😄😄😄
CCL Products ready for the uptrend!🤩💸🔥Buy CCL Products for Positional Trading as well as Investment.💸🔥💸
Comment your views‼️😄
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💡Management highlighted that for FY22 they have already booked the entire capacity and are now looking to secure orders for FY23, an exceptionally positive situation for CCLP.
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💡It is looking to double the Vietnam capacity from the current 13,500 tones given higher than industry growth for CCLP in Instant Coffee.
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✔️ Technically & Fundamentally Strong💪💪
The company recently posted an Amazing Q3 Result.
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‼️ The stock had given a Multi-Year Volume Breakout in July 2021 and then it was in a retracement phase forming a Rounding Bottom at Multi-year support level. Now with the volume breakout on Daily TF too, we can expect a strong uptrend from current levels.
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💎@technofunda_trader
Few Important rules from my Trading Philosophy:
1. Don't compromise on the quality of stock.
2. Buy right, Sit tight- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar issues.
3. Don't invest more than 5-10% in any stock & more than 25% in any particular or related sector. If stock is risky don't invest more than 2-3%.
4. Build position gradually as the stock rises.
5. Trade in the direction of the bigger trend.
6. Ride the trend, don't sell your winners early.
.
Like, Comment & Share 😄😄😄
AAVAS Financiers ready for the uptrend!🤩💸🔥Buy AAVAS Financiers for Positional Trading as well as Investment.💸🔥💸
Comment your views‼️😄
.
✔️ Technically & Fundamentally Strong💪💪
The company recently posted an Amazing Q3 Result.
.
‼️ The stock was already in an uptrend but was facing resistance around 3000 level from last 6 months. Now with the volume breakout, we can expect a strong uptrend from current levels.
.
💎@technofunda_trader
Few Important rules from my Trading Philosophy:
1. Don't compromise on the quality of stock.
2. Buy right, Sit tight- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar issues.
3. Don't invest more than 5-10% in any stock & more than 25% in any particular or related sector. If stock is risky don't invest more than 2-3%.
4. Build position gradually as the stock rises.
5. Trade in the direction of the bigger trend.
6. Ride the trend, don't sell your winners early.
.
Like, Comment & Share 😄😄😄
Is CARTRADE bottomed out?CARTRADE has fallen around 60% since the listing in exchanges. Even though it announced good results for Q3 FY22(Loss is posted primarily because of exceptional, non-recurring for ESOP granted in FY21), the stock keeps falling. Today, the stock has risen nearly 11%, forming Bullish Divergence on the Daily chart. It seems like the stock is gonna move upwards from current levels.
Cheers! This is as per my Analysis. Feel free to share your view about this. Please do your analysis before trading/Investing.
Happy Trading
Rounding bottom pattern in Pressman AdvertisingRounding bottom pattern observed in Pressman Advertising on weekly time frame.
In 2018, the stock had hit an all time high of INR 88 and post that the stock price kept falling and hit a low INR 11.35. The stock fell to these levels after SEBI fined five entities for fraudulent trading shares of Pressman. Now, the stock has started moving up again from 11.35.
The stock was resisting the price of INR 40 but last week this stock has given a breakout above the level and closed 41.45 with high delivery volume of 14.4 lakh shares delivered
If the stock holds these levels, the stock price can go to INR 70. Initial resistance at 52.05.
Disclaimer : For educational purposes only.
20% Target in Coal India | Swing Trade Beautiful pattern in Coal India, wonderful 20% Target
Reasons to Enter -
1. Taking Support at the Demand Area trendline
2. Made a beautiful double bottom pattern before upside move
3. Horizontal Demand area
4. Breakout of 200 EMA with good volume
5. Taking retest after breakout (Confirmation)
6. RSI above the MA line
Be ready for the blast
About Entry -> We can enter with half quantity today before market closes and add the remaining quantity tomorrow once the trade gets confirmed.
You can refer to my previous analysis which blasted the next day, check out!
Please hit the like button, this really motivates me to make more such analysis for you. Also hit the Follow button to get automatic updates about my trade ideas.
The Rich Trader
Rohit Sharma
MTech IIT Guwahati
3I Infotech target 85-100.27 aug 2021 delisted
8.56 price of delisted
pe 3.5
10 face value to 1
now face value is again 10
face value interchanged
now 5% circuit is to become 85
simple word:-
delisting price on 27 aug was 85 rupees
so it has to come to 85 now.
back to back circuit is coming.
Buy if you can.
INTERESTING STOCK FOR STUDY.
right time to invest in roads of INDIA OVERVIEW OF HG INFRA -
company works under infrastructure sector ; construct roads, bridges, highways, extension and grading of runways, railways and land development.
HGIEL has evolved into a leading Indian road infrastructure development company, with a project execution capabilities over 9 states.
company is successfully completing and overtaking new projects. even in covoid company was able to generate profit.
company's client list - 1.NHAI 2.MORTH 3.PWD RAJASTHAN 4. IRB 5.MRM 6.TATA 7.ADANI 8.JAIPUR DA 9.MES
if we look closely around ongoing and upcoming project details of company most of them are commissioned by NHAI (National Highway Authority of India ). and if look closely sector wise infrastructure sector is not that much focused in market for now. but g-summit 2023 is going to happen in INDIA . NHAI giving contracts to develop indian infrastructure for upcoming largest event in 2023. we can bet on HG infra for infrastructure theme.
COMPANY'S FUNDAMENTAL-
1.constant growth in revenue and profits no dent.
2.holdings are strong with no pledging.
3.company's expenditures are decreasing with increase in revenue and profitability which is good sign.
4.company's EPS is increasing year on year.
5.PBT,EBITDA ratio increasing
6. less than sector PE ratio ( sector pe -75.88 / company's pe ratio -16.33 )
7. ROE - 22.27%
8. high debt company's working model still dept to equity is 0.65
TECHNICAL ANALYSIS-
corrected almost 31% from its all time high.
creating a base after correction.
pullback below 580 price happened twice.
right time to invest some part of capital in this stock.
this study is for education purpose only.
Expecting blast again in upside - ZEEL (Channel BO) Recent days in media stocks blasting up-side frequently. Its more of intuitional buying because every rise on the price equally increasing volume also. This the sector under perform comparing to other sector, expecting to out perform.
Zeel is leader of this sector, last year decreasing it's debt gradually.
QoQ result improved.
Technical & fundamental is favoring to give up move quickly.
Note: It's educational purpose not for recommendation.