Fundamental Analysis
Turning Bullish: Gandhar Oil Refinery (India) LtdGandhar Oil Refinery (India) Ltd is one of India’s largest manufacturers of white oils and one of the top 5 players globally specialized in the production of white oils and related products for cosmetics, healthcare, pharmaceuticals, chemicals, and lubricants. Serving over 100 countries, it is India's largest white oil manufacturer and ranks among the top five globally. It has a 26.5% market share in India in white oil as in FY23 and 9.6% market share globally in white oil in CY22.
Key Metrics:
MCap: ₹ 2,416 Cr.; P/E: 19.1; ROCE: 21.6 %; D/E Ratio: 0.23; EVEBITDA: 8.97
3 Years Sales Growth: 22.8%
Gandhar has turned bullish on Oct 8, 2024 with decent volume.
20 EMA has crossed above 50 EMA.
Resistance levels: 252, 272, 285, 313
Support levels: 229, 209
RSYSTEMSRSYSTEMS - Stock is breakout and that too with good volume
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
Multi bagger Lancor holding LANCOR HOLDING LTD is currently at @37.80 having price earning of 30.89 and Eps of 1.24
company generated profit of around 7 crore net profit last financial year (2024) march
and 1 quarter of 2024 -2025 company generated 3 crore net profit, not a big deal for lancor to cross its 7 crore target, my prediction is the copmany will generate good profits in the upcomming quarter and because of that the EPS would shoot to 2.5(approx) and taking current price earning as worst scenario would lead the share to 60+ soon do your research
current price is attractive
technically share has recently made an high of 62 in february month and soon ke break the trend
ADC India, Great Fundamentals, at strong supportI am selecting this company primarily due to its strong fundamental performance. The company has demonstrated solid financial health, supported by outstanding quarterly results that exceeded expectations. Key indicators such as revenue growth, profit margins, and efficient cost management highlight its robust operational strength. Additionally, its consistent performance and sound business strategy position it well for future growth, making it a fundamentally strong investment opportunity.
Breakout With Heavy VolumesNSE:ABSLAMC today broke out Major Levels and was able to close above it, on the back of good guidance of future growth and Brokerage Reports of NSE:HDFCAMC
NSE:ABSLAMC is a joint venture between Aditya Birla Capital Ltd and Sun Life AMC. The company offers Mutual Fund services, Portfolio Management services, offshore services, and real estate offerings. It is one of the largest non-bank affiliated AMCs in India managing an AUM of ₹6002 Billion under its suite of mutual funds, portfolio management services, and offshore and real estate offerings.
A Close above 800 will be crucial before the Q2 FY 24-25 Results are out. If the results are on the expected line, 900 will take no time.
Check out my other stock ideas below until this trade gets 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.
Reliance below 200dma Stay cautiousElon musk launched many satellites , if star link gets successful can be desruptive to telecom and internet services ,indian government may support indian companies because they do not want other players to come in however they support indian big players but still we can see amazon in indian market despite challenges faced, MI phones in indian markets ,
we know what happened to fmnl when amazon was into retail , and we another side who opposed amazon
but amazon is also a gaint
so clash of gaints guys
but government cannot ban outside companies because we are not china we have fair ground little bit advantage to big players
we can see what happened to micro max , when mi came
manufacturing in india is not always there on their own because we lack innovation most of the time
we can see almost every big company tie ups with another foregin company to set up plants etc
so if starlink we get connection directly from satellites can it be stopped from reaching people?
just like what happened to idea?
and we know how much politicians oppose they all eventually get sold
even one State in india they enter with free wifi and calling etc
Is this the reason for fall in reliance?
Lic kept 1 lakh Crore to Buy if fiis sell till now fiis sold for 75,000 cr and retailers sip they say it is 24,000 cr last month
and most of retailer sip comes from atal pension ,
life insurances etc
so if telecom gets disruptive Idea itself is posting minus -30,000 cr per year
till now more than -180,000 cr
so is inflation going to rise or more taxes in india to cover this?
or govt removed band width purchase because idea no longer can afford it?
Disclaimer - not an investment idea or call just my view and opinion trade at your own risk
BAJAJ FINANCE - SWING TRADE ON SHORT SIDESymbol - BAJFINANCE
BAJFINANCE is currently trading at 7800
I'm seeing a trading opportunity on sell side.
Shorting BAJFINANCE Futures at CMP 7800
I will be adding more position if 8000 comes & will hold with SL 8220
Targets I'm expecting are 7450 - 7225 & 7050
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
EURUSD: 200-SMA, oversold RSI test bears ahead of ECBEarly Wednesday, EURUSD sees the first daily gains in more than a week, after hitting its lowest point in 10 weeks. In doing so, the Euro pair portrays the market’s consolidation ahead of Thursday’s European Central Bank (ECB) Interest Rate Decision and September’s US Retail Sales data.
Sellers have a bumpy road ahead
In addition to pre-data consolidation, the 200-day SMA and oversold RSI pose challenges for EURUSD bears, indicating limited downside potential. A significant drop may occur only if the ECB disappoints or US data delivers unexpectedly strong signals for the dollar.
Technical levels to watch
The 200-SMA level surrounding 1.0870 appears a tough nut to crack for the EURUSD, backed by the oversold RSI. However, a downside break of the same won’t hesitate to drag the prices toward the August month’s low of near 1.0775. Following that, an ascending support line from October 2023, close to 1.0750 at the latest, will act as the final defense of the buyers.
On the contrary, July’s high of near 1.0950 could lure EURUSD buyers during a corrective bounce. Following that, the March peak surrounding 1.0980 and the 1.1000 psychological magnet can entertain Euro buyers before testing them with a two-month-old horizontal support-turned-resistance of near 1.1015 and the previous support line stretched from late June, close to 1.1030.
Price Consolidation Ahead, But No Trend Change Expected
While technical indicators suggest bear exhaustion and a possible corrective bounce for EURUSD, multiple resistances and fundamental factors hinder a reversal of the ongoing two-week bearish trend.
Bouncing Back from Accumulation ZoneNSE:MAHABANK after a long time came back to the Accumulation Zone and now bouncing back with a King Candle and Good Volume, The longer-term trend stays intact, fundamentally a stable PSU Bank. Keep in Radar.
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.
CHOLAFIN - Breakout and retestCHOLAFIN - Breakout and retest in Daily timeframe. The company has been in uptrend and the trend is likely to continue. I see a good upside potential/ Swing trading opportunity in this stock. There is a good entry point now with a very good R:R.
The company has very good fundamentals and has been a consistent good performer.
Note: These are my personal views only. Please conduct your own research before making a buy/ sell decision.
Buy RKForge above 1040 Target 1120 SL 998Buy Ramakrishna Forging above 1140 SL 998 Target 1120
Vloume on 15-10-2024 was 3 X of average volume, trendling breakout as per chart & stong outlook
Company has delivered good profit growth of 23.2% CAGR over last 5 years
Debtor days have improved from 102 to 78.4 days.
Company's median sales growth is 23.9% of last 10 years
Company's working capital requirements have reduced from 117 days to 88.6 days
#investing #nseindia #Bseindia #RKforge
CybertechIncorporated in 1995, CyberTech Systems and Software Ltd provides Information Technology and Software Development Services to customers primarily in USA.
Making a Cup and Handle pattern.
Market Cap: ₹ 623 Cr.
Promoter holding: 36.4 %
FII holding: 0.01 %
DII holding: 0.00 %
Public holding: 63.6 %
Looks good to buy on dip.