PCBL A HIDDEN GEM GIVING BREAKOUT FROM CUP AND HANDLE PATTERNThe stock has excellent fundamentals and has seen massive volumes furthermore it has given a breakout from cup with handle pattern
Growth
Scanner shows - IRFCKeeping the faith on my scanner and investing in its throwup, i have decided to put in money on IRFC today, hoping to make good as my last trade. (though did not put in other two power sector companies which my scanner had given; and they did make good money). This is a swing trade - few days to a month or so holding period.
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 .
Natco Pharma, the road ahead?Its been a journey of parallel channels for Natco Pharma share price and one believes that it will continue to tread within the broad confines of the longer term monthly channel
Price has now found the resistance area of the channel which started from the lows of the covid (in blue). However, with the earnings on lenalidomide still some 15-18 months away from reaching peak levels, atleast in volume terms, by that time the street should hear expected positive news on some of the points listed below:
- new successful para IV filings and launches from existing tentative or final approved list,
- fixing the usfda cloud over kothur formulations plant,
- traction on the much anticipated brownfield acquisition,
- their CAR T investment growing into something tangible in value terms,
- substantial increase in foreign subsidiary business
- domestic formulation sales getting boost due to possible semalglutide launch
- scaling up of crop health science business
therefore looking at the hanging man on WCB I believe that whether for profit booking or geo political or general broader market sentiment it can correct in the immediate shorter term, however, the bullish thesis remains for the fundamental reasons enumerated above.. The first target from here seems to be around 2500 which can be plotted either by box breakout (from 2017 highs) or a rounding bottom (from 2021 highs) or simply the width of the blue parallel channel if and when it breaks out...
The principle of polarity suggests that price may not close below the line plotted by taking the highs of 2017 and 2021 (the pink dotted line) this area should be our longer term stop loss and a time to revisit the bullish thesis.
Great opportunity 20% discounted price.The stock is undervalued here is why--
> Company's profit is growing on a fast phase while the stock is not growing that much
this results that stock is still underpriced. The stock is almost 20% down from its all
time high.
> The Central Electricity Authority (CEA) estimates India’s power requirement to grow to reach
817 GW by 2030.
> TATA POWER is the leading company in solar rooftop and 102 MW orders won in Q1 FY25
Atul Retest Done Now ready to flyAtul has recently given monthly breakout. and this month it has tested that breakout. now it is ready to cross previous ATH and can reach to 12000+ in next 1 year.
I am very bullish on ATUL
Thyrocare Technologies in Buying Zone with Strong Sales GrowthNSE:THYROCARE Thyrocare Technologies has shown a strong breakout after a long period of consolidation, supported by robust sales growth and consistent profitability. The stock is in a buying zone with strong volume, presenting a promising opportunity for investors.
Fundamentals:
Strong sales growth
Good dividend player
Consistent profitable growth
Technical:
Strong volume peak after consolidation, indicating potential buying interest
Stock is in a buying zone
May retest, so consider buying in small lots
Good liquidity
Deepak nitrite Huge upside potentialDeepak Nitrite fundamentally strong stock. If you look at the quarterly chart, it has been respecting rectangle breakout. Triangle trendline breakout done. Rectangle breakout done. ATH.
Pivot R2 brokeout.
Cables next rallyIndustry is experiencing robust demand environment and Polycab is well-positioned to capitalize on this favourable market dynamics.
India Ratings has improved the outlook on Polycab's credit rating to “positive” from the earlier “on watch with negative implication”
Polycab's in the process of calibrating new mid-term guidance and will be releasing the new guidance during the course of this financial year
RDSS Govt scheme will give good orderbook
Polycab working on 4 areas
Improving our reach
Product development
Brand positioning
Influencer management
Every quarter, Polycab adding new geography to supply its inventory
Working on 1000 to 1100cr capex to cater increased demand in next few years. 280Cr capex already done.
Capacity utilization in Q1 70-75%
In power transmission distribution sector, component of cable supply is high than other sectors. Cables 75% and wires 25% contribution.
Wire contribution would increase in upcoming quarters between 4 to 8 as real estate projects are in progress.
Framed index with Kei, Polycab, RRkabel, Fincables. Fib target is double of current. Target 29987.45 of this index.
Bank Of India - Short term 10-15% returnBank of India with support level 117
short term buy around 122 to 126
with target of 135+
on long term with with target 150+
$NSE:GLOBE: Still NOT TOO late to BUYSummary:
NSE:GLOBE Globe Textiles exhibits strong fundamentals with a high Piotroski score of 8 and is trading at a reasonable PE ratio of 15. The stock has shown a strong technical breakout with significant volume, indicating potential for further upside.
Fundamentals:
Very strong fundamentals
High Piotroski score of 8
Currently trading at a PE ratio of 15
High-performing player in the textiles industry
Technical:
Strong volume peak after consolidation, indicating potential institutional buying
Strong breakout, still not too late to buy
Good liquidity
Trade Setup:
Entry: Current Market Price
Stop Loss: Conservative stop loss level based on recent support (4.50)
Potential Upside: 8.50 NSE:GLOBE
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
IDFC FIRST BANK 74 Good Opportunity 10 to 20% returnThe stock Showing strong support level at 70 and target of RS 84. i would wait for stock to down to 70.
would buy and hold the stock till it reach 84 and above.
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
KOTAK BANK - A Value Buying Pick for Long Term Investors?Symbol - KOTAKBANK
CMP - 1755
Kotak Mahindra Bank is a diversified financial services group providing a wide range of banking and financial services including Retail Banking, Treasury and Corporate Banking, Investment Banking, Stock Broking, Vehicle Finance, Advisory services, Asset Management, Life Insurance and General Insurance.
This is one among India's top banks.
Currently trading at lowest valuation in last 10 years which makes it a great value buying pick at current levels.
Stock has gone nowhere in last 3.5 years and consolidating in a range.
1700 Level is a long term support. It can be added at current levels and If 1720-1700 comes, can be added more.
Long term targets comes around 2500 level which is almost 50% upside from here.
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
Avanti Feeds looks good for investmentReasons why Avanti Feed looks like a good investment
1) Great QoQ performance in 2023
2) Negative investing cash flows suggest the company
investing for future growth
3) Improvements on the balance sheet, such as an increase
in Fixed Assets, CWIP, and Investments
4) Debt-to-Equity ratio is close to 0
5) Close to its mean value and potential to deviate
positively
6) Performed better than its peers, has been able to
restrict its downside and hence show more strength
This is just an investment spotting that I did and I might potentially go long. Not a recommendation to go long. Consult your financial advisor before taking any trades/investment. Currently, I do not have any positions in Avanti Feeds.
India Cements: 16-Year Breakout and Strong Technical MomentumHere is the multiyear breakout for NSE:INDIACEM
Technical:
Massive 16-year breakout
Strong rally
High volume / above-average volume spike
NSE:INDIACEM
Fundamentals:
Impressive gross profit margins
Prominent player in the construction industry
Liquid assets exceed any obligations
Conclusion:
India Cements is a strong buy due to its significant long-term breakout, solid technical momentum, and robust fundamentals. The stock's impressive gross profit margins and financial stability
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.
LongI feel it's going up only in long run
595 will break hurdles for upside
Tgt 670, 780,865, 941
Duration can be long but it's good for long
...for education purpose only
Not sebi registered
ASHIMA - TEXTILE COMPANY ATTEMPTING MULTIYEAR BREAKOUTGreat Fundamentals for this quarter
PE of only 6.85, EPS rise from 0.18 to 5 QoQ
Huge Volume support
Greater than 70% promoter stake
