SBI Cards; Bullish viewGot these shares in the IPO; added some more at Rs 515
Now the share has retested it's weekly support (which was pending). I am expecting a great journey on the long side (of course it'll take time).
New entry not suggested; "Hold" for the person already have this. I promised myself that I won't exit this stock until and unless my money is "doubled".
Fundamentally it looks attractive:
1. Reduction in competition: HDFC bank being restricted to issue new credit cards
2. It is 2nd Largest issuer of credit cards in India
3. 41% CAGR for previous 4 years in PBT (Profit Before Tax)
I've shared my view, but please do your own analysis.
Growth
5 year breakout and retrace Central bank of india.Company has delivered good profit growth of 18.4% CAGR over last 5 years, 78% discount to its high, PEG Ratio is 0.99, 5 years of accumulation completed, 5 years breakout and retraced, cup and handle pattern, now nearly at its support, aim good for long term.
Thanks to help me to learn fundamentals to day trader telugu and other masters.
Please consult financial adviser before investing your hard earned money because these Investments are subject to Market Risks.
ASHOKAASHOKA :- Is going to give breakout, 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.
KREBSBIOKREBSBIO:- The stock has been falling for 2 years, a triangle pattern has been formed, if we get an upside breakout then we may see good 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.
India Bulls Housing Finance: An upmove of 614%?diwali pick
➡️current Mcap 8051 cr
➡️value of Cash and investments with the company 10602 cr (as on 31/03, would be even higher as on date)
➡️Logical Npa level is reducing substantially (as the loan base has reduced over the years)
➡️pivoting towards highly rewarding retail segment
➡️problematic promoter forced to exit the company by the majority shareholders
➡️TF 3 years+
Disc: already invested
Arrow GreentechForming a base2 at current price of 449 and showing a good BO after forming this base for last 22 weeks.
Seems next resistance is at 530 and 660. Can be added with SL of 380.
Arrow Greentech Limited is engaged in the business of developing biodegradable (green) products and high-tech products.
Stock is hovering around PE of 26 and showing ROCE 20.9 % and ROE 14.2 %.
Good future growth prospects looking at increasing environment concerns.
Colgate Palmolive Bullish Flag Pattern BreakoutWeekend Pick 1: ColPal
Fundamentals : Strong, Consistent growth on Sales, Profits and EPS. Strong Reserves vs almost debt free. FII holding increased significantly !
Technicals : Bullish Pennant Breakout after good consolidation.
R 1: 2200
R 2: 2300
R 3: 2400++
SL : 1950
Zomato's Potential Trajectory: From 96 Breakout to 115+ Target**Trade Idea:** If the price manages to breach the levels of 95.5 and 96, the next target is likely to be at 100 Rs. This could potentially be achieved within a span of 5-6 days. Following this achievement, the 100 Rs. mark might act as a psychological resistance point. However, there's a possibility of the price briefly touching around 104 Rs. in approximately 1 week, before retracing to around 99 Rs. Beyond this phase, the target could potentially surge to 115 Rs. or more, over an estimated timeframe of 3 weeks.
Note: Implement a well-defined stop-loss strategy to manage risk effectively.
1st Target--> 100
2nd Target -->104/105
3rd Target --> 115
Thanks
Kambi
CarTrade looks very attractive and bright for mid-long termWeekend Pick 3: CarTrade
Fundamentals : Bright, Decent Sales and Profits. Increase in EPS, Strong Reserves Vs No Debt. DII stake increased slightly !
Technicals : at Trend Reversal Trendline, Above MAs with volume increase .
R 1: 770
R 2: 865
R 3: 980+
Avg small btw 620-580 if falls, SL : 530
AWHCL looks very BullishWeekend Pick 1: Antony Waste
Fundamentals : Strong, Consistent growth on Sales, Profits and EPS. Increasing Reserves. FII holding increased significantly !
Technicals : Bullish Trendline after good consolidation.
R 1: 455
R 2: 510
R 3: 580
In case of fall, avg small btw 360-340 SL : 310
GOLD Trade Idea Gold is 6% up from its origin.
- Commodities are soaring up reason behind it is the Israel-Hamas war.
- I do not have any reason to initiate a trade in gold until I see a good reaction or weakness
- Solid trade execution and risk was favorable when Gold was trading near the Bullish Origin
- Gold has made the second-largest weekly gain in 3.5 years.
- This war can easily result in Gold trading or mitigating the 2000s zone.
- I will wait for a base to form in STF first to initiate any longs as of now, I will only sit back and be a hawk.
MMTCMMTC :- The stock has given a breakout after 10 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.
WSTCSTPAPRWSTCSTPAPR:- Stock has given breakout after 1 month of consolidation 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.
BANKINDIABANKINDIA:- If the stock sustains by giving a breakout of 76 level, then we can see an 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.
INFIBEAMINFIBEAM:- wait till breakout 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.
BIOFILCHEMBIOFILCHEM:- Wait for breakout, upside movement 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.
DMARTDMART:- triangle pattern 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.
MARICO MARICO :- On the daily time frame, the stock has tried to give a breakout by hitting the multiple time resistance, if we get 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.
ASTERDMASTERDM:- If stock sustains upside after breakout, then we can see sideways moment, consolidation has also been done, if we get breakout, there are chances of good 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.
Long bet in AVAAS FINANCIERS.>>Avaas Financiers Ltd is a major company that offers home loans. They operate in several states in India, including Rajasthan, Maharashtra, Gujarat, Madhya Pradesh, Haryana, Uttar Pradesh, Chhattisgarh, Punjab, Uttarakhand, Himachal Pradesh, Delhi, Odisha, and Karnataka. They have a widespread presence with a total of 346 branches.
>>This company primarily focuses on providing home loans to people in the low and middle-income groups. What's noteworthy is that Avaas Financiers Ltd has been actively working to increase its sales numbers and profits. This performance makes their stock look promising for potential investors.
>>In terms of its future, Avaas Financiers Ltd looks promising because it operates in a specialized niche within the home loan industry. The company intends to expand by opening 30-35 branches annually and entering two more states over the next 3 to 5 years. This strategy is expected to provide sustainable growth.
>>Now, if we look at its chart, especially on a weekly timeframe, we will find that the stock has corrected 50% from its peak. After correcting, the stock is accumulating in an ascending triangle pattern. If it is able to break out of this pattern, we could consider entering the trade, as it has all the possibilities to provide decent growth in the long run.
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Note: This is for informational purposes only. Do your own research before investing.