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Fundamental Analysis

Stock in Support: Welspun EnterprisesAbout Welspun Enterprises Limited (WEL) is a part of the USD 2.7 billion Welspun Group. The Company operates in the infrastructure space with investments in oil & gas. WEL is focused on the road development, water sector, BOT-Toll and EPC space. Stock Fundamentals Market Cap: ₹ 7,458 Cr. Stock P/E: 22.4 (Ind. P/E=23.7) Book Value: ₹ 168 Dividend Yield: 0.56 % ROCE: 18.4 %; ROE: 12.6 % WEL has delivered good profit growth of 20.8% CAGR over last 5 years Technicals Welspun Enterprises is trading near the important level of 539. Resistance levels: 545, 586, 619 Support levels: 517, 487
NSE:WELENTLong
by shanmurali
Data Patterns Clear BUY!Stock Analysis Overview Technical Support: Strong support identified near the 2,250 level based on current data patterns. Fundamental Strength: The company remains fundamentally robust, showcasing solid financial health and growth prospects. Price Correction: The stock has retraced approximately 40% from its recent peak, presenting a potential entry point. Investment Classification: Positioned as a defensive growth stock, offering both stability and growth potential.
NSE:DATAPATTNSLong
by ali000351
7
Adapting to SEBI's New Rules: Contd.In our previous article, we examined the recent SEBI circular and its ramifications for retail traders and investors. Now, let's dive into the upcoming changes in contract sizes and how they will reshape margin requirements for various trading strategies Currently, the contract size for index F&O contracts sits between ₹5 lakhs and ₹10 lakhs. Starting November 20, 2024, this will escalate to between ₹15 lakhs and ₹20 lakhs. This substantial increase will inevitably raise margin requirements, compelling traders to reassess their strategies. Currently, the contract size for index F&O contracts sits between ₹5 lakhs and ₹10 lakhs. Starting November 20, 2024, this will escalate to between ₹15 lakhs and ₹20 lakhs. This substantial increase will inevitably raise margin requirements, compelling traders to reassess their strategies. This change will increase the index F&O lot sizes and in turn will also the margin requirements. The current table is a reference taken from an article published by Zerodha. They have mentioned the approximate lot size increase for the various indices traded on NSE and BSE respectively. Please keep in mind that these lot sizes are not final and are assumptions as both the exchanges are about to finalize on this. 1drv.ms Let us see how this will impact some of the options trading strategies that some or majority of the options traders deploy in their portfolio. 1drv.ms As one can observe from the above table that naked options and strategies will attract the maximum capital going forward with this impact. Since the margin requirement has increased nearly 2.5x it is advisable for the new entrants into the market to focus more on risk defined strategies such as Bull Call, Bear Put, Bull Put and Bear Call Spread. These strategies have the lowest margins as per the table. However, those with a capital of greater than Rs 2 lakhs can opt to trade non-directional strategies such as Iron Condors and Iron Fly that are also risk defined. For large capital retail traders and investors, it may be advisable to reduce the overall position size to 1/3rd and not overexpose oneself to a larger risk. While SEBI has yet to reveal any changes regarding stock options, it's wise to stay vigilant and prepared for upcoming adjustments. By understanding and adapting to these new regulations, retail traders can navigate the evolving landscape with greater confidence and strategic foresight. Embrace these changes as an opportunity to refine your trading approach and enhance your resilience in the market. Conclusion In summary, the forthcoming changes in SEBI's regulations herald a significant shift in the landscape for retail options traders. With increased contract sizes and margin requirements, it’s imperative for traders to adopt more strategic approaches and focus on risk-defined strategies. By being proactive and adaptable, you can better position yourself for success in this evolving market environment. Embrace these changes as a chance to refine your trading techniques and enhance your overall investment strategy. Disclaimer Investments in the financial markets are subject to market risks. Past performance is not indicative of future results. It is crucial to consult your financial advisor before making any investment decisions to ensure that your strategy aligns with your individual risk tolerance and financial goals.
NSE:NIFTYEducation
by VishalSubandh
2
Turning Bullish: Petronet LNGIntro: Petronet LNG Ltd. designs, constructs, and operates Liquefied Natural Gas (LNG) Import and regasification terminals in India. It was incorporated in 1998 as a Joint Venture among GAIL, Indian Oil, Bharat Petroleum and ONGC holding 12.5% each.LNG Petronet accounts for 33% of gas supplies in the country and handles around 75% of LNG imports in India. Stock Fundamentals: Stock P/E: 13.5 (Ind. P/E:21); Book Value: ₹ 113; Dividend Yield: 2.90 %; ROCE: 26.4 %; ROE: 22.2 %; OPM (Quarterly) %: 12% (Jun 2024) marginally higher than Mar 2024 (8%). OPM (yearly): 10% Stock Technicals: LNG Petronet Turned bullish recently. It bounced sharply from 325 levels with good volume. 20EMA just crossed above 50 EMA. Support levels: 340, 319, 299 Resistance levels: 364, 371, 385
NSE:PETRONETLong
by shanmurali
USDJPY: Sellers pay attention to 146.40, Fed Minutes and US CPIEarly Tuesday, USDJPY remains weak after retreating from a seven-week high. The pair defends the previous day’s pullback from the 100-bar Exponential Moving Average (EMA) as traders await key events this week, including the US Federal Reserve’s meeting minutes and September’s Consumer Price Index (CPI). Bulls remain in the driver’s seat Despite the pre-data consolidation and retreat from the 100-EMA, USDJPY's stronghold above the 50-EMA, bullish MACD signals, and a positive RSI (14) suggest an overall upside bias. Important technical levels to watch USDJPY faces immediate downside support in the 147.35-20 range, but the key level to watch is the 50-EMA near 146.40. A break below this could lead to a quick drop to 145.00 and the late September low around 141.65. The 140.45-20 area and the psychological level at 140.00 may pose strong resistance for sellers. On the upside, a break above the 100-EMA around 148.75 won’t be enough for buyers to regain control, as resistance from the 200-EMA and mid-August high near 149.40 will be crucial. If USDJPY stays above 149.40, the 150.00 mark and early 2024 high near 150.90 will be key targets for bulls. Data/events are the key USDJPY's technical outlook is bullish, supported by a hawkish Fed stance following recent comments from FOMC Chair Jerome Powell and the US employment report. However, growing concerns about the Bank of Japan, potential softness in US inflation data, and Powell's challenges in maintaining a hawkish tone could attract sellers to the Yen pair.
by MTradingGlobal
Bajaj Hind SugarBajaj Hind Sugar best opportunity investment Sugar Manufacturing: BHSL is a major producer of sugar in India. It has a large sugarcane crushing capacity of 136,000 tonnes crushed per day (TCD). The company produces sugar in different sizes and grades, such as large, medium, and small. Ethanol Production: BHSL is also a leading manufacturer of ethanol. It has six distilleries with a capacity to produce 800 kilo liters per day (KLPD) of industrial alcohol. Power Generation: The company generates power from bagasse, a byproduct of sugarcane crushing. It owns 14 co-generation plants with a total power generating capacity of 449 MW. Byproducts: BHSL produces various byproducts from its manufacturing processes, including molasses, bagasse, fly ash, press mud, and bio-compost/bio-manure products. Investor Relations: BHSL remains committed to protecting investor interests through strong financial performance and profitability. The company consistently works on enhancing its operational and financial efficiencies.
NSE:BAJAJHINDLong
by mrsameofficial
Bajaj Hind SugarBajaj Hind Sugar best opportunity investment Sugar Manufacturing: BHSL is a major producer of sugar in India. It has a large sugarcane crushing capacity of 136,000 tonnes crushed per day (TCD). The company produces sugar in different sizes and grades, such as large, medium, and small. Ethanol Production: BHSL is also a leading manufacturer of ethanol. It has six distilleries with a capacity to produce 800 kilo liters per day (KLPD) of industrial alcohol. Power Generation: The company generates power from bagasse, a byproduct of sugarcane crushing. It owns 14 co-generation plants with a total power generating capacity of 449 MW. Byproducts: BHSL produces various byproducts from its manufacturing processes, including molasses, bagasse, fly ash, press mud, and bio-compost/bio-manure products. Investor Relations: BHSL remains committed to protecting investor interests through strong financial performance and profitability. The company consistently works on enhancing its operational and financial efficiencies.
NSE:BAJAJHINDLong
by mrsameofficial
Bitcoin (BTC): technical and fundamental analysis📈 Technical analysis BTC/USDT Bitcoin started the new trading week with growth. After a corrective wave down to the 0.5 Fibonacci level, triggered by the escalation of the conflict between Iran and Israel, BTC has managed to hold above the EMA 200 and EMA 50 lines. Today, the price is retesting the nearest resistance block at $64,000 - $65,000, and the outcome of this retest will determine the direction of BTC's next move. If the price can hold above this level, we expect an upward move towards a test of the upper boundary of the descending price channel, where Bitcoin has been trading for the past 7 months. On the other hand, if BTC fails to break through, the price could continue its correction towards the 0.78 Fibonacci level, where it would test the descending trendline support near the major support block at $56,000 - $57,000. This scenario may unfold if the conflict in the Middle East escalates. 📉 Bitcoin market global analysis On the daily logarithmic chart, Bitcoin's price has been moving within a descending price channel for 7 months. The descending wedge pattern is typically a bullish corrective figure. Holding above the 200-day moving average suggests a strong likelihood of BTC breaking out of the price channel upwards, barring any disruptive fundamental factors like the escalation of conflict in the Middle East. This breakout would pave the way for a test of the major resistance block at $70,000. If BTC can hold above this level, it is likely to surpass its current all-time high (ATH). Beyond the current ATH, there are no significant historical resistance levels. To identify growth targets, we will use trendlines, Fibonacci extension levels, and analyze clusters of large order blocks in exchange order books. The first Fibonacci extension level, 1.23, is at $80,000. In the $90,000 - $100,000 range, there's a global trendline based on the peaks of Bitcoin’s previous two cycles, along with the 1.38 Fibonacci extension level. The highest trendline, corresponding to the 1.61 - 1.78 Fibonacci levels, may be tested starting from $100,000. 💠 Analysis of liquidity zones and levels The Fear and Greed Index is in the neutral zone - 50. The total capitalization of the cryptocurrency market has grown to $2188 billion, and the Bitcoin Dominance Index has increased to 58.11. According to the analysis of the accumulation of large order blocks in the order books, the largest blocks are at levels 50,000 and 70,000, and the supply and demand zones are located at the following levels: 🟢 Demand zone: 50,000 - 60,000 🔴 Supply zone: 70,000 - 80,000 Levels for long positions: 60,000 - large support block 57,000 - support trend line 52,000 - large support block Levels for short positions: 65,000 - large resistance block 65,000 - downward resistance trend line 70,000 - large resistance block 80,000 - large resistance block 📊 Fundamental analysis Bitcoin started the new week with a rise. Investors had previously attributed BTC's recent negative trend to the escalation of the conflict between Iran and Israel. However, this early-week growth has rekindled the hopes of the crypto community for a new all-time high (ATH) this year. Several fundamental factors could contribute to Bitcoin's price surge: - The U.S. Federal Reserve’s potential decision to lower the key interest rate. - China’s plans to support its banking sector with a $142 billion liquidity injection. - The effects of the Bitcoin halving, which could increase cryptocurrency scarcity, pushing its price higher. - Historically, the crypto market often shows positive performance in the fourth quarter. The U.S. presidential election, scheduled for November 2024, is also boosting demand for Bitcoin. Political instability and potential shifts in economic policy may trigger volatility in financial markets, driving investors toward assets that are less dependent on government or central bank actions. Additionally, on October 8, HBO will air the film "Money Electric: The Bitcoin Mystery," which may shed light on the identity of Bitcoin’s creator, Satoshi Nakamoto. This event could further fuel media interest in Bitcoin. 🌐 Upcoming Events in the Global Economy We expect increased volatility in both stock and cryptocurrency markets on the following dates: ➤ 10.10, 15:30 - US Consumer Inflation Index (CPI) for September. ➤ 05.11, 00:00 - US Presidential Election. ➤ 07.11, 21:00 - New Fed Interest Rate Decision. 📈 Statistics of signals from our AI trading indicator: In September, the price of Bitcoin began to recover its positions. Our trading indicator, as always, warned about this in advance! And even during the flat period it gave good entry points. Thanks to the latest updates, all 5 signals have become profitable, and built-in Anti-Flat System prevented losses from manipulative market movements. - Total price movement by all signals: + 37.94% - Maximum price movement: + 10.42% - Average price movement: + 7.58% In addition, I would like to share the forecast of the latest Bitcoin price action by our AI, which not only indicates the direction, but also builds the trajectory of further price movement:
by TradeINEX
BANKNIFTY - SHORT TRADE FOR HUGE PROFITSymbol - BANKNIFTY BANKNIFTY is currently trading at 53920 I'm seeing a trading opportunity on sell side. Shorting BANKNIFTY Futures at CMP 53920 I will be adding more position if 54400 comes & will hold with SL 54720 Targets I'm expecting are 52800 - 51800 - 51100 & below. 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!
NSE:BANKNIFTYShort
by akshit_official
5
Bitcoin: BTCUSD extends recovery from 200-SMA to trim lossesBitcoin (BTCUSD) rises to a week’s high, continuing its rebound from the 200-SMA and breaking through the 100-bar simple moving average (SMA). BTCUSD bulls aim for a new three-month high! Along with a solid bounce from the 200-SMA, a positive RSI (14) and bullish MACD signals support BTCUSD’s push past the 100-SMA. This indicates potential for more gains, even though the RSI is nearing overbought territory, suggesting limited upward movement soon. Key technical levels to watch… With Bitcoin’s strong recovery from the 200-SMA and a successful run-up beyond the 100-SMA, buyers are ready to challenge a six-week-old horizontal resistance area surrounding $64,700. However, they may face hurdles at the 78.6% Fibonacci Retracement of July-August downside near $65,700 and an upward trendline from late August around $66,900 afterward. On the downside, the 100-SMA around $63,300 is holding BTCUSD up, while the 61.8% Fibonacci retracement support is near $62,200. That said, another key support is found at the 200-day moving average of around $60,700, with the psychological level of $60,000 serving as buyers' last line of defense. Recovery remains preferable… With Bitcoin bouncing back from key moving averages and a potential pullback in the US Dollar due to upcoming US inflation data and FOMC minutes, BTCUSD looks set for further upside.
BITSTAMP:BTCUSD
by MTradingGlobal
1
Turning Bullish: EIH Introduction EIH is the pioneer of luxury hotels in India. EIH primarily owns and manages premium luxury hotels and cruisers under the luxury Oberoi, Trident and Maidens brands. The Company is also engaged in flight catering, airport restaurants, project management and corporate air charters. Fundamentals: Market Cap: ₹ 24,461 Cr.; Stock P/E(Ind. P/E): 38.5 (46.64); Book Value: ₹ 63.0; Dividend Yield: 0.31 %; ROCE: 23.6 %; ROE: 17.6 %; Compounded Sales Growth (TTM): 20%; Compounded Profit Growth (TTM): 56% Company has delivered good profit growth of 30.2% CAGR over last 5 years Cons: OPM: 26%(Sep.2024) down from 41%(Jun 2024) Technical Analysis EIH is trading near the important support level of 391. Resistance levels: 406, 427, 461, 485 Support levels: 379, 365, 391
NSE:EIHOTELLong
by shanmurali
DALBHARATDALBHARAT - The stock is consolidating and trying to break the range. There is no possibility of much decline. As soon as it breaks the range, good momentum can be seen. 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.
NSE:DALBHARATLong
by AjayDhakad_Keep_it_simple
#XAUUSD:Will Further Escalation In Middle East Support The BullsGold was retested on Friday after USD data came out in support of the USD. The DXY rose back strongly, leading many USD pairs to melt heavily. Furthermore, the gold price dropped to the 2633 region and then retested a few more times before ranging between 2633 and 2658. Now, since the last three daily candles closed with strong wick rejections, we believe the price is likely to continue going up, up until 2730. Fundamentals and technical analysis support our view since the ongoing conflict in the Middle East is likely to worsen in the coming days. That will likely raise concerns among investors worldwide. If you like the idea, please like and comment. Let's discuss the idea in the comment box.Gold was reassessed on Friday following the release of USD data that favored the USD. The DXY experienced a significant increase, causing several USD pairs to decline sharply. Furthermore, the gold price fell to the 2633 region and underwent multiple retests before fluctuating between 2633 and 2658. Given that the last three daily candles closed with notable wick rejections, we anticipate a continued upward trend in the price, potentially reaching 2730. Our perspective is supported by both fundamental and technical analyses. The ongoing conflict in the Middle East is expected to escalate in the coming days, potentially generating increased investor apprehension worldwide. If you find this analysis valuable, please indicate your approval by liking and commenting. We encourage a constructive discussion of this concept in the comment section.
OANDA:XAUUSDLong
by Setupsfx_
2
MULTIBAGGER STOCK! Solid Fundamentals & Technical SupremacyHello fellow Investors and Traders, Investing is an Art and Analyzing is artwork Remarkable Fundamentals and I have fallen in LOVE with this stock and the chart after careful analysis and deliberations... Two dominating long term channels - Downwards and Upwards Who will WIN ? Only time will tell Such beautiful adherence and synchronicity all along the way respecting these channels like a river respecting its banks Recent volatility in Global markets and international worries have negatively impacted its momentum While it seems it has broken down on the lower side of the up trending channel, it still has a strong support at 215-220 level and I for sure am anticipating some price action here Close above 235-240 range will initiate my BUY trade Approximate 6-8% Stop loss is plotted on the chart Entry , Exit and Target (T1,T2 and T3) Levels are marked on the charts Target Levels are only indicative and I intend to HOLD on to this stock till the fundamentals stay intact and aligned to my analysis Investments are subject to market risk. Please do your own study before you invest. Enjoy and as always do not trade unless you have money to lose and patience to wait !!!
NSE:MUTHOOTMFLong
by FourSTechnicalAnalysis