Abbott India is gearing up to give Breakout.Company's Overview.
Abbott India Ltd is one of the market leader and multinational pharmaceutical company in India with a global presence in over 160 countries. It has a legacy of more than 130 years in the industry.
Revenue Breakup.
In FY22, injectables contributed around 40% of the revenues, followed by tablets at 39%, liquids at approximately 16%, capsules at 3%, and other products at 2%.
Financials.
>>Almost debt free company.
>>ROCE- 41.1%, Which is considered to be an excellent return.
>>Good growth can be seen in net profit margin.
>>Maintaining a healthy dividend payout of 76.8%.
Technical.
As we have seen Last week, all chemical stocks had a good rally. It looks like this rally will continue further. So we will keep a close track on this stock because it still falls under one of the undervalued stock category.
This stock was consolidating within an uptrend parallel channel. Last week, it closed near its resistance level.
If it breaks out with a big candle and significant volume, we can enter the trade. We'll use a 1:1 risk-reward management strategy for this trade as explained in chart.
This is my Analysis, I might be wrong sometimes Please do your 'own' due diligence before taking trades.
Growth
SHYAMMETLSHYAMMETL:- Wait for the breakout, if it gives breakout and sustains then we can see upside movement
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.
NATCOPHARMNATCOPHARM:- Stock has given strong breakout, if stock comes back for retesting then you can plan something
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.
GRANULESGRANULES:- Pole flag pattern showing wait for 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.
DLFDLF:- Ascending triangle pattern has formed, wait for breakout, till then keep an eye on the stock
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.
ICILICIL :- Pole flag pattern is showing formation, wait for breakout and watch
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.
BOROLTD BOROLTD :- Stock is about to breakout of neckline by forming double bottom pattern, keep an eye on the stock
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.
VIPINDVIPIND:- Wait for breakout, take some action only after that, if it gets sustained then we can see upside movement
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.
PNCINFRAPNCINFRA:- Consolidation is happening in a range, if we get a breakout, we can see a strong movement to the upside.
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.
Why am I buying Angel One ?Company overview.
Angel One Ltd is a Diversified Financial Services Company with market share of 21.5%(As per previous year data). Company Offers wide range of services like Broking, Research, Advisory, Loans, and More.
Fundamentals of the company.
>>Positive Points about the Company:
*Reduced Debt.
*Consistent Profit Growth of 52.2% CAGR in the Last 5 Years.
*Good Track Record of Return on Equity (ROE): 44.1% over 3 Years.
*Healthy Dividend Payout: 36.2%.
*Improved Debtor Days from 66.7 to 45.6 days.
>>Negative points about the company.
*Promoter holding has reduced.
*High competition.
*Charges and taxes are regulated by the Government.
Future prospect
Future of Angel One seems very bright as this year it has already Launched Super App - All-in-One Solution for Investing, Trading, Mutual Funds, Insurance, and Loans. Uses AI and ML for Personalized Experience. More recently it was able to Double Monthly SIP Registrations Organically. Made Partnerships with Fintech Players for Expanded Offerings.
Technical Analysis.
Company get listed in 2020 and since July 2021 stock was consolidating in a sideways movement. Last week price has shown a good weekly closing and restates its Resistance level.
Now we can follow two investing strategies:
1. If the price goes above that level, we can make some position.
2. If the price falls down from that level, that would be a great time to aggregate.
*Instead of putting all money at one go, start with a partial investment, monitor stock performance, then decide on further steps.
#AngelOne #NSE #Investing
CUMMINSINDCUMMINSIND:- If it sustains after giving a breakout, we may see an upside moment.
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.
AGIAGI:- If it sustains after giving a breakout, then we can see the moment of upside.
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.
Conservative V/s Balanced PortfolioHi mates, By this post i am trying to explain the what are the Conservative and Balanced portfolios what are the differences and how they work so let's start from the introduction i am sharing below.
⚡what is a conservative portfolio
As such, a conservative investment portfolio will have a larger proportion of low-risk, fixed-income investments and a smaller smattering of high-quality stocks or funds. A conservative strategy necessitates investment in the safest short-term instruments, such as Treasury bills and certificates of deposit.
usually A conservative portfolio targets an asset allocation of 70% in defensive assets, and 30% in growth assets: This portfolio is recommended for investors who are uncomfortable with investment risk, and/or require modest returns to meet their objectives.
💡how it works
Conservative investing prioritizes preserving the purchasing power of one's capital with the least amount of risk.
Conservative investment strategies will typically include a relatively high weighting to low-risk securities such as Treasuries and other high-quality bonds, money markets, and cash equivalents.
One may adopt a conservative outlook in response to a shortening time horizon (including older age), the need for current income over growth, or a view that asset prices will decline.
⚡what is a balanced portfolio.
A balanced portfolio is a crucial element for any investor looking to build a long-term investment strategy. In essence, it refers to a diversified portfolio that includes a mix of different asset classes, such as stocks, bonds, and cash, with the aim of reducing risk and maximizing returns.
💡how it works
A balanced investment strategy is one that seeks a balance between capital preservation and growth.
It is used by investors with moderate risk tolerance and generally consists of a fairly equal mixture of stocks and bonds.
Balanced investment strategies sit at the middle of the risk-reward spectrum.
⚡difference
The more conservative your investments, the steadier your returns will be, while a portfolio that's more aggressive is apt to experience more of a roller coaster effect, typified by higher highs, but potentially lower lows.
⚡Elements
Typically the conservative portfolio contains defensive assets high in allocation (70-80%) like cash, bonds fixed interest and rest is in growth assets (infrastructure and listed real estate stocks) While a balanced portfolio includes different financial assets, such as stocks, bonds, mutual funds, real estate, bank fixed deposits, etc., that investors hold for a particular period.
⚡ Which one for whom
Generally, more conservative investment options tend to work best for those who need shorter terms or need to reduce overall risk exposure. These include your emergency funds, savings for an upcoming vacation or other short-term While the Balanced portfolios are good for suitable for a medium-term horizon and are ideal for investors who are looking for a mixture of safety, income and modest capital appreciation. The amounts this type of mutual fund invests into each asset class usually must remain within a set minimum and maximum.
⚡So the essence of this publication is that before making any kind of investment, you should identify your needs and ability to take risk so that you can enjoy the investment made by you and can consume it at the right time, Wishing you a happy investment journey.
Best Regards- Amit
HDFCLIFEHDFCLIFE:- Stock has given breakout, with very strong candles, breakout after 1.5 years
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.
bajaj finserv educational post #bajaj finserv
chart explained
1) The counter was trading in an uptrend
2)It witnessed a strong gap up opening on 4 july 2023
3) The Gap up was above the previous strong resistance zone as indicated by arrows
4)The retracement after strong move already done
5)5_ today it witnessed a strong upmove along with long build up with 3% rise in OI
6) current month option chain suggest shortcovering in Call side while short build on Put side which is bullish
7)its trading with an upward sloping trendline
8) its strongly following the regression channel trend with 97% precision
9)the counter is 14% away from all time hugh which is most likley to be tested in sessions to come
ANURASANURAS:- A falling parallel channel pattern has formed, if the price sustains at 1035.95, we may see an upside move.
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.
GRAPHITEGRAPHITE:- Wait for breakout, upside movement may 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.
RELAXORELAXO:- Wait for breakout, Upside movement can be seen, keep an eye on the stock
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.
JINDALSTELJINDALSTEL:- Stock is about to give breakout, may see downside movement
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.