NAUKRINAUKRI :- The stock gave a breakout 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.
Growth-stocks
HCLTECHHCLTECH :- Keep an eye on the stock, the stock has given a breakout
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.
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.
JKPAPER JKPAPER - reversal stock and breakout 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.
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.
SAKHTISUGSAKHTISUG - market fall but stock stand positive
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.
ABCAPITALABCAPITAL - need to break range move upside
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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.
ABBABB - wait for breakout
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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.
IOCIOC - Need to Break the range for move upside
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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.
REMSONSINDREMSONSIND - The stock has broken out by forming a pole and flag pattern
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.
SHAKTIPUMPSHAKTIPUMP :- Above breakout line it can do well
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.
MEDI ASSIST HEALTH SERVICESMedi Assist Healthcare Services Limited is a health-tech and insurance-tech company that manages health benefits for employers, retail members, and public health schemes, primarily serving insurance companies.
Company provides third-party administration (TPA) services to insurance companies through its wholly-owned Subsidiaries, Medi Assist TPA, Medvantage TPA, and Raksha TPA. A third-party administrator is an organization that processes health insurance claims for insurance companies and provides services such as policy administration, customer service, and network management, among others.
As of 2023, company collaborated with 35 insurance companies in India and globally. In FY23, company managed a CAGR of 35.67%. The group accounts portfolio as a percentage of revenue from contracts with customers was 72.19% and the retail portfolio was 10.98%.
Company also acts as a facilitator between (a) insurance companies and their policyholders, (b) insurance companies and healthcare providers (such as hospitals), and (c) the Government and beneficiaries of public health schemes.
Company serviced over 9500 group accounts across sectors to help administer the insurance requirements of their employees. It held a significant share of the total health insurance market for group accounts, representing 26.39% of India’s overall group health insurance market in FY23.
Company also services individual insurance policyholders, and for FY23 it managed Rs 17.57 billion of premiums for the retail health insurance market, representing 5.06% of the overall retail health insurance market in India.
In H1FY24, company helped settle 3.05 million claims, comprising 1.37 million in-patient claims and 1.68 million domiciliary or out-patient claims.
Medi assist also facilitates other healthcare and ancillary services such as hospitalization services, call center services, customer relations and contract management services, billing services, and claims processing services through its Company and other Subsidiaries, IHMS, Mayfair India, Mayfair UK, Mayfair Group Holding, Mayfair Philippines, and Mayfair Singapore.
Company has developed a pan-India healthcare provider network, which comprises 18,754 hospitals across 1,069 cities and towns and 31 states (including union territories) in India and a network across 141 countries globally, as of 2023. Company intends to pursue acquisition opportunities to expand its existing service offerings, increase market share in existing markets, and expand to new geographies. In the last eight years, company has completed several acquisitions, including the acquisition of Dedicated Healthcare Services TPA (India), Medicare Insurance TPA Services (India), IHMS, Mayfair India, Medvantage TPA, and Raksha Health Insurance TPA.
Financial Performance:
- Total premiums under management administered by the company was at Rs. 19,050 crores as of March 31, 2024, showing a growth of 30.7% over the previous year.
- Group segment fund was Rs. 16,709 crores, with a growth of 30.4% year-on-year.
- Retail segment stood at Rs. 2,341 crores, showing a growth of 33.2% year-on-year.
- Company's share of the total health insurance industry premium was at 19.6%, with a growth of 186 basis points over the previous year.
Operational Highlights:
- Maintained group account retention at 94.7%.
- Processed 3.6 million outpatient claims in the last year.
- Won an award for "Best use of AI in Healthcare" for the Fraud Detection Engine.
- Continuing to invest in preventing fraud, waste, and abuse in the system.
- Building a team of data scientists for better data security and analytics.
Financials:
- Total income for the quarter ended March 31, 2024, was Rs. 171 crores, showing a growth of 23% year-on-year.
- EBITDA for the quarter was INR 37 crores, with a margin of 22% on operating revenue.
- Profit after tax stood at Rs. 25 crores, showing a growth of 50% year-on-year.
- Total income for the year ended March 2024 was Rs. 653 crores, with a growth of 26% over the previous year.
- EBITDA for the year was Rs. 133 crores, with a margin of 21% on the operating revenue.
- Profit for the period, adjusting for exceptional items, was Rs. 92 crores, showing a growth of 22% year-on-year.
Technology and Investment:
- Investing around 3-4% of revenues every year in technology.
Total investment in the platform and capitalization as of March 31, 2024, was Rs. 10 crores.
- Investing in a platform for the UK, with an expected cost of around 8 crores.
Future Outlook:
- Expecting to bring the acquisitions to the company's margin profile in the next 2-3 quarters.
- Focused on enhancing insurer relationships and expanding benefits in the retail segment.
- Cashless facility being expanded to non-network hospitals for emergency access.
- Strong emphasis on technology for service delivery and customer retention.
Challenges and Opportunities:
- Opportunities seen in expanding the retail market share and leveraging technology for growth.
- Optimistic outlook expressed by the management regarding future prospects and growth potential.
Buy Mankind Pharma for major upside . 2 lakh to 2 Cr journey Cmp 2300
Buy near 2280
short term target 2408 &2495
Now take a look of Long term journey
Mankind Pharma cam be a multibagger counter
5 years Sales, profit and return of equity growth almost more than 20% and this can be increase more and more .
Counter going to reach at 1 lakh cr capital this year and after that it will unstoppable .
100% debt free company
All the parameter are perfect for long term selection .
Just invest 2 lakh in this counter during upcoming 2 years and sleep relax...
After 20 years your 2 lakh will become 2 cr.
We personally start investing in this counter .
If you dont have 2 lakh then you can follow 5000Rs SIP for 40 months
You can earn with trading but if you want to create a wealth then long term investing is only solution .
Dont miss this opportunity .
Trident 37.75 - Profit Making opportunity (30% to 50%) or moretrident has been consolidating for while and it was in sideway trend.
by looking at volumes and deliverable quantities stock is expected to move upside.
it shows buyer's are interested to buy this stock and its shows strong buy signal.
1. if stock breaks 42 we might see it move up to Rs 51
2. Best buy around 37 to 38 stoploss 35.50
Canara Bank 113.86 - Best Swing Trade 5 to 10%Stock will trade between 106.50 to 122.
By looking at recent data stock has split and has given dividend.
looking at volumes and deliverable quantity is around 40-50% stock might trade between 106 to 122.
once stock breaks 124 we might see stock move up to RS.141
ESAF Small finance 50.73 - Buying Opportunity 30-40% returnsESAF is almost trading at 52 weeks low and company is paying Rs .70 dividend.
The company's balance is good and stock can give good returns in coming days.
There's good support at 49 levels and RSI is in Oversold zone. if the stock price is around 49 and rsi is above 30 then buy stocks and exit once your target reached.
Long term perspective stock could give up to 50% return
South India Bank 26.90 - 30%-40% return in short term South India bank is fundamentally strong stock.
Revenue has increased over the period and also the profits.
Institutional investors are eyeing on this stock and coming days might witness sudden move
in price.
if any big institution or securities broker recommends the stock than i would wait for 15days
and buy it later.
Target of Rs 32 - 33
All Cargo Terminals LTD 51.20, ATL - Stock to buy Stock is trading around its support level. if company gives good quarter one results we might see stock move upside.
its good buying opportunity. one can make 10 to 15 % profit in short period.
i prefer you buy on long term perspective for better return.
Ujjivan Small Fin 19/07/24 - Buying opportunity There has been 30% correction in the stock price from (63 to 44).
Stock has the potential to move upwards in coming days and would give good returns.
Short term target
upside target 48, 52
stop loss 43
Long Term Target
upside target 57, 68
Strong buy signal in charts, good opportunity to make 20 to 30 percent profit.
ELIN - SIMPLE SETUP, GREAT POTENTIAL (GOLDEN CROSSOVER)Hi All,
This idea is about ELIN ELECTRONICS (EMS Sector)
Fundamentals:
Market Cap - 1033 Cr
Total Sales - 1042 Cr
Stock P/E - 74
Healthy quick ratio - 2
Low ROCE - 5.12%
Increase in promoter holding by 0.42% but still promoter holding low at 33
Technicals :
Price has just broken out of consolidation since Feb 23 near to its listing with expansion in moving averages and golden cross over on daily chart.
Price has crossed Point of Control in VRVP indicator (Volume Profile) supported by surge in volume.
Great Sectoral tailwinds behind EMS sector as a whole
Hope you'll enjoy the trade,
Happy Trading,
Thanks,
Stock-n-Shine