Emerging aerospace and defense manufacturer NSE:CYIENTDLM
Overview: NSE:CYIENTDLM is a leading electronics system design and manufacturing player in the aerospace and defense sectors and other high-tech engineering segments. It is attractively priced to enter into a short term trade.
Fundamentals: As it is a high growth company, it has high PE ratio of 88, however its financials supports its expensive valuation. Sales have grown by 44% and Profits have risen by 90% YoY. With a PEG ratio of 0.64, it is expected to grow at a fast pace.
Technicals: NSE:CYIENTDLM has been trading in the range of 600 - 700 for the past 9 months. It faces resistance at 700 level. If it crosses 700 and closes above it, it can target its next resistance which is at 800. The Relative Strength Index gives a bullish indication as the RSI line (green color) has crossed above the Signal line (yellow color) and the RSI is not in the overbought zone.
Strategy: When NSE:CYIENTDLM forms a green candle and closes above 700, you may enter into a long position with a stop loss at 650. When the stock reaches 800 - 810 range, you may exit your position. However those with higher risk appetite may exit position when it makes a fresh 52 week high.
Gains
Archean Chemical Industry: An undervalued Chemical GemNSE:ACI is looking ripe for a breakout in the near future. NSE:ACI has been languishing at 500-550 price level since 18th April 2023. However the candlesticks that have appeared on 3rd and 4th August 2023 gives hints about an upcoming bull run which could see it cross the 650 mark.
Technical Analysis: Since 8th June 2023, NSE:ACI has been on a continuous downtrend but on August 3rd after opening at 495 (the lowest price it had reached in 2023), it formed a green candle and followed it up with a green candle the next day. Green candles have appeared showing a characteristic of hitting the bottom and bouncing back up. StochRSI has also crossed over the indicator line and has exited from the OverSold zone. This indicates the bullish momentum in the stock.
Fundamental Analysis: With a PE ratio of 16.36, it is well below the sector PE ratio of 20.93. In the financial year 2022-23, income has risen 103%, assets increased by 14% and liabilities reduced by a massive 74% and a positive cash flow of 396 crores. Thus the stock seems undervalued for the might of its financial statements.
Strategy: You can enter at current levels (515 - 520) with a stoploss at 490. Once NSE:ACI moves above 560, you can increase the stoploss to 540 - 550. Exit the position once NSE:ACI touches 650 - 660.
Breakout in Gujarat Fluorochemicals NSE:FLUOROCHEM is currently trading at a discount of 30% from its all time peak. It was going through a downtrend and has now broken past its channel (highlighted in purple). The breakout pattern is noticeable and higher highs are being achieved by $NSE:FLUOROCHEM. This indicates NSE:FLUOROCHEM can go higher and inch closer to its 52 week high of 4170.
Strategy: You can enter into a long position at current levels of 2920 - 2930. Place a stop loss at 2590 - 2600. You may exit position once the stock reaches the target of 3400.
Technical Analysis: NSE:FLUOROCHEM was making lower lows and was in a continuous downtrend, it has now reverted and is making higher highs and has broken out of the channel.
Fundamental Analysis: NSE:FLUOROCHEM has a healthy balance sheet with a positive free cash flow. The net profit in the year 2022 - 23 has increased by 68% year on year. It has sufficient cash reserves to meet its short term liabilities. Revenue for the year 2023 - 24 is expected to grow by 15%. There has also been an increase in the FII ownership over the past 3 months.
TARGET (1) - ACHIEVED 12% @ SUN PHARMACEUTICALS INDUSTRIES LTDAnother Target Achieved - NSE:SUNPHARMA
Target (1) - 12% - Achieved
For Reference - Click on Below Link (Related Idea : Posted on Dec 26, 2021
Next Target (2) ----> 18%
Happy Trading ….. !!!
#nse #long #investing #nifty #sunpharma #targetachieved #riskrewardratio #gain #potentialgain #swingtrade
ONMOBILE SHORT+LONG TERM ANALYSIS[b]✔[/b][b]✔[/b]💢Beat One's Brain Out💢
✔ There's an elephant in the room.
✔ expecting good future.
✔ Interesting business.
✔ Company is almost debt free.
✔ Can see double bottom in monthly frame.
✔ Can see pennant / symmetrical triangle in day frame.and almost near to BO.If it go down,just avoid and wait for a good opportunity.
One day chart 👇👇
About the Company
OnMobile Global's key product offerings of the Company are Ringback Tones, Digital Content Store and Infotainment. OnMobile is the global leader in Ringback Tones.
Note guys this is not a buy recommendation.Do your study 🙏🙏
Hope you guys learned something new
Thank You.
Like🍂Comment🍂Support
NIFTY takes support at 11250! Still in bear region.Nifty - Technical Analysis:
-Nifty was up 21.10 points or 0.19% at 11,355.
-It gapped down today and dropped to 11250 but bounced back from the support and closed postive.
-Nifty forms a doji again on daily chart indicating indecision in markets. Swing traders are advised to take their profits and wait for further levels before taking positions.
Market - Driving Factors:
-About 1212 shares have advanced, 1461 shares declined, and 187 shares are unchanged.
-Bharti Infratel, HDFC Life, Dr Reddy’s Labs, HUL and ITC were among major gainers on the Nifty, while losers were M&M, UPL, GAIL, Bajaj Finance and NTPC.
-Among sectors, FMCG and IT indices ended in the green, while selling witnessed in the auto, bank, energy and infra names.
-On day one of bidding, Happiest Minds Technologies' initial public offering is seeing a good response from retail investors so far. Expect listing gains of around 10-15%
Nifty - Outlook for Tuesday, 8th September:
NIFTY bounced from 11250 indicating a buying pressure at the support, We can expect a sideways movement before a trend is formed. On a day when markets remained flat and range bound for most part of the day we witnessed smart buying across select stocks in the broader market in diverse sectors like MNC Pharma, Chemicals & Speciality Chemicals indicating opportunities in certain spaces but people are advised to book their profits and wait for further levels.
TRXM19TRX with symmetrical triangle pattern
BUY BUY BUY TRX
Gain with profit 66% PIPS
RIGHT NOW BUY..!!!!
KPIT/ GOOD LONG/ ENTRY ABOVE 233/ STOP LOSS 222/ TARGET-245-275KPIT LOOKS GOOD LONG ONLY ABOVE 233 WITH A STOP LOSS 222 FOR TARGET-245-260-275
FOR EDUCATIONAL AND STUDY PURPOSE ONLY.
Analysis of ETHUSD 11.06.2018The price is below the moving average 20 MA and MA 200, indicating the downward trend.
MACD is below the zero level.
The oscillator Force Index is below the zero level.
If the level of support is broken, you shall follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 499.00
• Take Profit Level: 410.00 (8900 pips)
If the price rebound from support level, you shall follow recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 565.00
• Take Profit Level: 570.00 (500 pips)