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Fundamental Analysis

Option's TradingOptions are a type of contract that gives the buyer the right to buy or sell a security at a specified price at some point in the future. An option holder is essentially paying a premium for the right to buy or sell the security within a certain time frame. Trading options offers a number of benefits for an active trader: Options can offer high returns and do so over a short period, allowing you to multiply your money quickly if your wager is right. With options, it can cost less to get the same exposure to a stock's price movement than it does to buy the stock directly.
NSE:BANKNIFTYLong
by SkyTradingZone
Rune Thorchain Bullish Setup & Crypto Commentary - Rune is currently trading at 5.5$ - Market Structure has so far remained Bullish where we can see a continuation of higher highs and higher lows - Spot buyers can easily expect Rune to pierce 6-6.5$ soon. - Long Term targets can be 7.8-11$ - Bitcoin has a high chance of filling its Fair Value Gap and mitigating 62,000$ if that scenario gets fulfilled - Accumulation Zones for Rune in a DIP - 4.1-4.6$ - Manage risk and do not FOMO for entries and get trapped in late buying
Long
by VKtradesimbalance
Bitcoin: BTCUSD bulls eye $68,700 resistance as key week beginsBitcoin's (BTCUSD) recent gains are under pressure as traders await important data this week, including the US Q3 GDP, Fed Inflation, and Nonfarm Payrolls (NFP). However, optimism about post-US election industry regulations and strong ETF inflows continue to support buyers. BTCUSD braces for major upside Although Bitcoin (BTCUSD) buyers take a breather, the prices remain above the key resistance-turned-support, and the oscillators are positive, too, suggesting the cryptocurrency pair’s further advances. That said, the quote’s sustained trading beyond the 100-SMA and month-old horizontal support join bullish MACD signals and an upbeat RSI (14) line, keeping the buyers hopeful. Key technical levels to watch Among the important technical levels, a one-week-old descending resistance line surrounding $68,700 gains immediate attention. Following that, the monthly high surrounding $69,490 and the $70,000 threshold will be in the spotlight. It should be noted that the BTCUSD pair’s successful trading beyond the $70,000 hurdle enables the buyers to aim for the yearly high of around $73,800. Meanwhile, the 100-SMA and aforementioned horizontal support restrict the short-term downside of Bitcoin to around $66,600 and $66,100 respectively. In a case where the BTCUSD prices remain bearish past $66,100, an upward-sloping trend line from early September, close to $63,000 at the latest, will be the final defense of the buyers. An interesting week for buyers Despite positive technical and fundamental signals for Bitcoin buyers, key data and events could introduce volatility, leading to month-end consolidation. Bulls should stay cautious, as they are likely to maintain control of the market.
BITSTAMP:BTCUSD
by MTradingGlobal
Update on #YESBANK The company has recently released its results and the results are outstanding with net profit rising 145 percent. I expect a strong rally with bullish momentum from here as we have filled the FVG between 17.5 to 19.5 and due to the strong financial result we could see serious bullish momentum take over. I had shared 3 entries at ₹23, ₹20 and ₹19.5 . All three of your entries should now be active. These entries were perfectly timed with the result of yes bank and correction in nifty . I believe we will reach the three targets that I had mentioned within 4 to 5 years from here now. Target prices ₹93, ₹120 and 280, check out my earlier post on Yes bank for more information about the company's fundamentals and technical.
NSE:YESBANKLong
by SkyTradingZone
Nifty 50's Top Constituents Stand Tall Amidst Uncertainty◉ Abstract The recent decline in the Nifty 50 index can be attributed to several interconnected factors affecting market sentiment. Geopolitical tensions, particularly the conflict in the Middle East, have increased uncertainty and volatility among investors. Additionally, significant foreign institutional investor (FII) outflows, surpassing ₹1,00,000 crore in October 2024, reflect concerns over high valuations in Indian markets compared to more attractive options abroad. Weak earnings reports from Indian companies have further fueled investor anxiety, prompting reassessments of growth sustainability. Overall market sentiment has turned cautious due to uncertainties surrounding upcoming events like the US elections and ongoing geopolitical issues, leading to a broader sell-off. Technical analysis indicates potential support levels between 22,750 and 23,000, while valuation metrics suggest that despite recent declines, many key Nifty stocks remain fairly valued, with caution advised for new investments during this volatile period. Read full analysis . . . ◉ Introduction The recent fall in the Nifty 50 index can be attributed to several key factors that have affected market sentiment and investor behaviour. ● Geopolitical Tensions: The ongoing conflict in the Middle East, particularly the Iran-Israel war, has heightened global uncertainty. This geopolitical instability has led to fears among investors, contributing to market volatility and declines in stock prices ● Foreign Institutional Investor (FII) Outflows: There has been significant selling by foreign institutional investors, with outflows reaching above ₹1,00,000 crore in October 2024. This trend is partly driven by concerns over peak valuations in Indian markets compared to cheaper valuations in other markets, such as China ● Weak Earnings Reports: Recent quarterly earnings from Indian companies have shown weakness, raising concerns about the sustainability of growth. This has led to increased selling pressure as investors reassess their positions in light of disappointing financial performance ● Market Sentiment and Investor Jitters: Uncertainty surrounding upcoming events, such as the US elections and ongoing geopolitical tensions, has made investors cautious. This sentiment is reflected in the broader market sell-off and a lack of confidence in taking long positions during this volatile period ◉ Technical Analysis ● Weekly Chart ➖ The weekly chart indicates a strong upward trend, with the index consistently achieving higher highs and lows. ➖ However, a significant selling pressure from the peak has led to a sharp decline. We expect to find potential support in the range of 22,750 to 23,000. ● Daily Chart ➖ The index has broken through the neckline of the Head & Shoulders pattern. ➖ While there is immediate support around the 23,900 to 24,000 level, we believe the index may struggle to maintain this level and could drop further. ➖ Robust support is anticipated between 22,750 and 23,000. ◉ Valuation Analysis ➖ The Nifty PE Ratio has dropped to 22.5, slightly below its 1-year average of 22.6 and significantly lower than its 5-year average of 25.24. This suggests that the Nifty is currently fairly valued. ➖ However, the recent quarter's lacklustre EPS growth is a concern, exerting downward pressure on the major index. As the major index struggles, it's worth taking a closer look at the key Nifty constituents that carry substantial weightage. 1. HDFC Bank NSE:HDFCBANK Sector - Banking & Financial Services Weightage - 11.34% ● Technical Overview ➖ For nearly three years, the stock has been range-bound, exhibiting stability. ➖ Despite the broader market's downturn, it has shown no reaction, suggesting that its sideways movement is likely to continue. ● Valuation ➖ The stock currently trades at a PE ratio of 19.2, moderately above its 1-year median PE of 17.5. ➖ Notably, the company's earnings performance has shown improvement, with a quarter-over-quarter increase in EPS: June quarter: ₹21.65 September quarter: ₹23.36 2. Reliance Industries NSE:RELIANCE Sector - Oil & Gas Weightage - 8.64% ● Technical Overview ➖ Following a record peak near 3,200, the price retreated and is now approaching its key support level of 2,550. ● Valuation ➖ The current PE ratio of 26.5 indicates undervaluation relative to its 1-year median PE of 28.3. ➖ Earnings growth supports this positive valuation outlook: Current EPS: ₹24.48 Previous quarter EPS: ₹22.37 3. ICICI Bank NSE:ICICIBANK Sector - Banking & Financial Services Weightage - 7.74% ● Technical Overview ➖ The stock has maintained a strong uptrend, demonstrating remarkable resilience amidst recent market downturns. ➖ However, from a technical standpoint, a short-term pullback towards the 1,100 level cannot be ruled out. ● Valuation ➖ The present PE ratio of 18.7 suggests a minor overvaluation when compared to its 1-year median PE of 17.9. ➖ EPS improved significantly from ₹16.62 in June to ₹18.38 in September, indicating a positive trend in the company's financial performance. 4. Infosys NSE:INFY Sector - Information Technology Weightage - 5.83% ● Technical Overview ➖ The stock has successfully broken out of its Rounding Bottom pattern and is now consolidating above the breakout level. ● Valuation ➖ The present PE ratio of 28.7 suggests a minor overvaluation when compared to its 1-year median PE of 26.4. ➖ Earnings growth, although subdued, remains stable: June quarter: ₹15.34 September quarter: ₹15.67 5. ITC NSE:ITC Sector - FMCG Weightage - 4.16% ● Technical Overview ➖ The stock remains in a strong uptrend, consistently forming higher highs and lows. ➖ After reaching an all-time high of 528, the price has pulled back and is now testing its crucial support zone between 460-470. ● Valuation ➖ The present PE ratio of 29.4 suggests a minor overvaluation compared to its 1-year median PE of 27. ➖ Furthermore, the earnings per share (EPS) has declined from the previous quarter, falling from ₹4.08 in June to ₹3.99 in September. 6. Bharti Airtel NSE:BHARTIARTL Sector - Telecom Services Weightage - 3.95% ● Technical Overview ➖ The stock price has experienced a notable rise. ➖ After hitting an all-time high near the 1,780 level, it has corrected and is anticipated to find support along its trendline. ● Valuation ➖ The stock's current PE ratio of 83.5 significantly exceeds its 1-year median PE of 65.3, indicating substantial overvaluation. ➖ Ahead of the upcoming quarterly results, earnings execution is not expected to be robust, potentially leading to a sharp correction in the stock price. ◉ Conclusion Analysis of six pivotal Nifty 50 stocks reveals that, excluding Bharti Airtel, they are fairly valued. With a combined weightage of over 40%, these stocks underpin index stability Given this significant representation, we do not foresee a drastic decline in the index from either a technical or fundamental standpoint. However, the ongoing war may impact global sentiment, influencing market mood. Therefore, we advise caution when considering new buy positions.
NSE:NIFTY
by GoodluckCapital
IndiaMart- Shining with Great Results -Best above 3228IndiaMART is India's largest online B2B marketplace, connecting buyers and suppliers across a wide range of products and services, primarily catering to small and medium enterprises (SMEs). Founded in 1999, the company has seen consistent growth, boasting a significant market share in the Indian online B2B classified space. Key points about IndiaMART: • Business Model: A platform where buyers can search for suppliers based on their needs, with features like product listings, supplier profiles, and lead generation tools. • Market Reach: A large network of both buyers and sellers across various industries, including manufacturing, construction, electronics, and more. • Growth Strategy: Focus on expanding its user base by attracting smaller businesses and then upselling them to premium subscription plans, coupled with continuous technological upgrades to enhance user experience. • Financial Performance: IndiaMART has reported consistent revenue and profit growth over the years, attributed to its strong market position and increasing adoption of online B2B commerce in India. • Investment Highlights: • Deferred Revenue: A significant portion of IndiaMART's revenue comes from subscription fees paid upfront by sellers, creating a stable recurring revenue stream. • High Return on Equity (ROE): The company historically generates high returns relative to its equity, indicating efficient use of capital. • Minimal Debt: IndiaMART operates with minimal debt, further enhancing its financial stability. Recent Developments: • Continued focus on digital marketing and improving the platform's search capabilities to better match buyers with relevant suppliers. • Expansion into newer sectors like services and international markets. • Incorporation of advanced data analytics to provide insights and targeted recommendations to users Chart Analysis : The stock is making potential Cup & Handle Pattern. With solid returns the stock is expected to outperform. One can enter above 3228 for target of 3725/4500 / 4800 with strict stop loss of 2840. Targets may take few weeks to months and i suggest to average up as it moves up Metric Q2 FY 2025 Revenue Growth - Revenue grew by 23% YoY, reaching ₹297 crore compared to ₹240.66 crore in Q2 FY2024 . Operating Leverage - The company benefited from stable operational costs, helping maintain a strong operating margin Margin Expansion - EBITDA margin improved, supported by cost control, with expectations of continued margin expansion . Debt Reduction- IndiaMart remains a debt-free company, focusing on cash flow management . Disclaimer : Educational Content. Please do your own research. If you like this analysis, please do boost this post.
NSE:INDIAMARTLong
by jain_geetesh
CUB Looking Good With Heavy Volumes and Brokerage UpgradeNSE:CUB is Looking Good on Weekly Charts after Giving Great Q2 FY 24-25 Results and Heavy Volumes Last Week With Price Action. In Addition, NSE:JMFINANCIL Upgraded NSE:CUB to Buy from Hold, with a Price Target of 185 Rs. on the back of Good Q2 Results. Technically, we can see an Upside of 180/192/205 in the Short Term. 🙋‍♀️🙋‍♂️If you have any questions about this stock, feel free to reach out to me. 📌Thank you for exploring my idea! I hope you found it valuable. 🙏FLLOW for more 👍BOOST if useful ✍️COMMENT Below your views. Meanwhile, check out my other stock ideas below until this trade is activated. I would love your feedback. Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
NSE:CUBLong
by Karanshah137
Flag and Pole Pattern After Reversing from a SupportNSE:THERMAX is making a Flag and Pole Pattern on Daily Charts after Reversing from a Strong Support Zone on the back of the news that NSE:THERMAX is going to ACQUIRE 100% STAKE IN BUILDTECH PRODUCTS FOR APPROX. 720 MILLION RUPEES. A Breakout of the Flag will give a Bullish Momentum to the Stock Ahead. 🙋‍♀️🙋‍♂️If you have any questions about this stock, feel free to reach out to me. 📌Thank you for exploring my idea! I hope you found it valuable. 🙏FLLOW for more 👍BOOST if useful ✍️COMMENT Below your views. Meanwhile, check out my other stock ideas below until this trade is activated. I would love your feedback. Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
NSE:THERMAXLong
by Karanshah137
3
Nifty 1W Technical Analysis & CommentaryIndian Stock Market Update - Nifty and Bank Nifty have been plunging for a week, and we are witnessing major sell-offs. - The primary reasons behind the drop are: 1) All indices were overstretched, 2) Foreign Institutional Investors (FIIs) are pulling out their money and moving it elsewhere, and 3) Institutions are booking profits across the board, trapping late buyers who fell for fear of missing out (FOMO). - I am sticking to my plan, which I always follow. I won’t make a single penny’s long-term investment right now unless I see significant flash crashes. Market premiums are still high, and these influencers are unhelpful; when the market is rising, they talk about even higher highs, and the moment it turns bearish, they start discussing defensive plays. Your focus should be on understanding your wealth profile first, assessing asset allocation, and evaluating your liquidity. What if the market falls more? - The market will soon show us a dead cat bounce, which will be an exhaustion rally; don't fall into that trap again. - I will start swinging again once the index begins to stabilize and I see setups forming that meet my criteria and rules. Until then, I will remain on the sidelines, read books, and focus more on the crypto market. - For now, fold your chips, let the market do its thing, and wait for it to normalize instead of forcing setups.
NSE:NIFTYLong
by VKtradesimbalance
NIFTY50 - AN INGISHT FOR INVESTORSSymbol - NIFTY50 CMP 25305 If you are a long term investor, one thing that will help you to decide when to invest - Nifty monthly RSI. As and when RSI moved above 80, markets uniformly correctly (around 20% usually) & as and when RSI came below 40 level, markets uniformly rallied. Now RSI is at 82 Fundamentals are also showing that overall market is modestly overvalued. What you want to do or should you be worried ? tell me in comments below. P.S. : I'm out of all longs & have entered shorts.
NSE:NIFTYShort
by akshit_official
2
Gold portrays much-awaited pullback, focus on $2,710 & US dataEarly Friday, gold prices slipped after a brief bounce from a week-long support level, retreating from a point that has shifted from support to resistance. Traders are closely watching the September U.S. Durable Goods Orders. This movement highlights gold's defense against a mid-week rejection of a bullish trend, signaling the anticipated price pullback. Sellers flex muscles Gold is struggling to regain momentum, facing rejection from recent highs. With bearish signals from the MACD and an RSI close to 50, further declines in gold prices seem likely. However, strong support levels may challenge sellers' quest for lower prices. Key technical levels to watch In the past week, gold has seen multiple peaks and troughs, with the 50-day simple moving average (SMA) highlighting $2,715-$2,710 as a crucial support zone for sellers. Below that, the 38.2% Fibonacci Extension of gold's movements from September to October and the previous monthly high near $2,686 could attract bearish interest. Importantly, the upward-sloping trend line from early August and the 200-day SMA, around $2,657 and $2,638, respectively, will serve as final defenses for buyers before control shifts to sellers. On the upside, gold buyers are looking for confirmation from the lower boundary of the bullish channel, around $2,753. A successful breakout could lead to a rise towards the recent peak of $2,758 and potentially up to the channel’s upper line near $2,790. The 78.6% Fibonacci Extension at $2,772 and the $2,800 mark are additional upside filters to watch for the XAUUSD bulls. Bulls run out of steam Despite several strong support levels, the anticipated strength of the US dollar after upcoming economic data and recent technical consolidations indicate a potential short-term decline in gold prices. However, the overall bullish trend remains intact unless prices fall below $2,638.
OANDA:XAUUSD
by MTradingGlobal