Fourth largest manufacturer of Chlor-Alkali has given breakoutHello Everyone, i hope you all will be doing good in your trading and your life as well, i have brought another stock from chemical sector which produces Chloralkalis: Caustic Soda Lye and Flakes, Liquid Chlorine, Hydrogen, Caustic Potash Lye and Flakes, etc. Company belongs from solid fundamentally Meghami Group. it is the fourth largest manufacturer of Chlor-Alkali in India.
Stock has already given breakout of Triangle Pattern on weekly timeframe and after retesting the breakout level stock has given breakout of neckline of previous highs. Now there is high probability stock should fly from here towards our given targets on charts. Stock is good to hold for long term also, this can give you multifolds returns in long term. For short term and near long term targets i have already placed on chart.
Market Cap
₹ 5,092 Cr.
Current Price
₹ 1,226
High / Low
₹ 1,277 / 811
Stock P/E
26.0
Book Value
₹ 272
Dividend Yield
0.41 %
ROCE
32.1 %
ROE
39.4 %
Face Value
₹ 10.0
Industry PE
18.6
Debt
₹ 971 Cr.
EPS
₹ 47.2
Promoter holding
71.4 %
Intrinsic Value
₹ 1,483
Pledged percentage
0.00 %
EVEBITDA
12.4
Change in Prom Hold
0.00 %
Profit Var 5Yrs
18.3 %
Sales growth 5Years
29.6 %
Return over 5years
%
Debt to equity
0.86
Net profit
₹ 196 Cr.
ROE 5Yr
37.7 %
Profit growth
-47.8 %
PROS:-
Company has delivered good profit growth of 18.3% CAGR over last 5 years
Company has a good return on equity (ROE) track record: 3 Years ROE 36.8%
Debtor days have improved from 46.8 to 27.7 days.
CONS:-
Company might be capitalizing the interest cost.
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.
Investforlongterm
NBFC has Retested the Breakout Zone || Stock is going to flyHello everyone, i hope you all will be doing good. I have brought a stock which has retested the breakout zone after giving successfully breakout of triangle pattern stock name is NBCC (India) Limited and is a Government of India Navratna Enterprise under the Ministry of Housing and Urban Affairs. The Co. operates in three major segments - Project Management Consultancy, Engineering Procurement & Construction, and Real Estate.
Technically stock is looking good on chart, after the breakout stock has came down to retest the levels this is call healthy currection for new swing.
Price is above 200-DEMA, MACD is showing bearish crossover on chart but slowly it start giving bullish crossover.
Company has good management. NBCC is totally Fundamentally strong stock.
Company has an order book of ~Rs. 55300 crs. as of H1FY24. ~7000 crs. orders were secured in FY24 itself from Kerala Housing Board, Govt. Presses redevelopment, Ravenshaw University, PWD Puducherry, Bokaro Steel etc.
Market Cap
₹ 32,022 Cr.
Current Price
₹ 178
High / Low
₹ 198 / 41.4
Stock P/E
60.0
Book Value
₹ 12.4
Dividend Yield
0.31 %
ROCE
32.7 %
ROE
25.6 %
Face Value
₹ 1.00
Industry PE
40.6
Debt
₹ 0.64 Cr.
EPS
₹ 2.23
Promoter holding
61.8 %
Intrinsic Value
₹ 35.8
Pledged percentage
0.00 %
EVEBITDA
35.9
Change in Prom Hold
0.00 %
Profit Var 5Yrs
7.30 %
Sales growth 5Years
0.97 %
Return over 5years
28.4 %
Debt to equity
0.00
Net profit
₹ 414 Cr.
ROE 5Yr
17.2 %
Profit growth
38.2 %
Earnings yield
2.88 %
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
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Accumulation Phase Breakout seen in India's Top Automobile StockHello Everyone, I hope you all will be doing good. I have brought a stock which has given a breakout of accumuluation phase with huge volume spike. Stock name is Tata Motors and it is a leading global automobile manufacturer. Part of the illustrious multi-national conglomerate, the Tata group, it offers a wide and diverse portfolio of cars, sports utility vehicles, trucks, buses and defence vehicles to the world.
It has operations in India, the UK, South Korea, South Africa, China, Brazil, Austria and Slovakia through a strong global network of subsidiaries, associate companies and Joint Ventures (JVs), including Jaguar Land Rover in the UK and Tata Daewoo in South Korea.
Market Cap
₹ 4,00,627 Cr.
Current Price
₹ 1,091
High / Low
₹ 1,094 / 593
Stock P/E
12.4
Book Value
₹ 255
Dividend Yield
0.27 %
ROCE
20.1 %
ROE
49.4 %
Face Value
₹ 2.00
Industry PE
27.3
Debt
₹ 1,07,262 Cr.
EPS
₹ 94.5
Promoter holding
46.4 %
Intrinsic Value
₹ 644
Pledged percentage
0.00 %
EVEBITDA
6.98
Change in Prom Hold
0.00 %
Profit Var 5Yrs
93.1 %
Sales growth 5Years
7.72 %
Return over 5years
49.3 %
Debt to equity
1.26
Net profit
₹ 31,807 Cr.
ROE 5Yr
5.84 %
Profit growth
1,266 %
Earnings yield
8.42 %
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.
Bullish Triangle Pattern Breakout seen in Garments mfg. stockHello Everyone, i hope you all be doing good. I have brought a stock which has given bullish triangle pattern breakout. Stock name is Cantabil Retail India Ltd and it was incorporated in 1989 and started its readymade garments manufacturing and retailing business in the year 2000.
Product Portfolio & Revenue Split 9MFY24
Men’s Wear (83%) - Formals, Casuals, Ultra Casuals, Woollen, Knitwear
Women’s Wear (10%) - Shirts, Tops, Leggings, Kurtas, Kurtis, Capri, Pants, Jeans
Kids Wear (3%) - Shirts, T-shirts, denim, trousers, Culottes, dresses, tops, jeggings, shorts
Accessories (4%) - Innerwear, Belts, Socks, Ties, Handkerchief, Deo, etc.
Technically stock has given neat and clean breakout of bullish Triangle pattern,
Indicators like MACD & RSI started giving bullish crossover on chart.
Price is above 200-DEMA.
NOTE:- (I have not placed any indicators on chart just to keep chart neat and clean, but certainly i have done my analysis with indicators)
Market Cap
₹ 2,450 Cr.
Current Price
₹ 293
High / Low
₹ 310 / 181
Stock P/E
40.1
Book Value
₹ 39.0
Dividend Yield
0.31 %
ROCE
18.0 %
ROE
22.3 %
Face Value
₹ 2.00
Industry PE
31.3
Debt
₹ 336 Cr.
EPS
₹ 7.44
Promoter holding
74.1 %
Intrinsic Value
₹ 131
Pledged percentage
0.00 %
EVEBITDA
16.4
Change in Prom Hold
0.81 %
Profit Var 5Yrs
37.4 %
Sales growth 5Years
16.4 %
Return over 5years
44.2 %
Debt to equity
1.03
Net profit
₹ 62.2 Cr.
ROE 5Yr
22.8 %
Profit growth
-9.09 %
Earnings yield
3.82 %
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
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Triangle pattern breakout seen in HBL POWER stock will blast nowHello everyone, i hope you all will be doing good. i have brought a stock which has given breakout of Triangle pattern. Stock name is HBL Power System Ltd and it manufactures and services different types of batteries, e-mobility, and other products.
Business Verticals:-
a) Electronics:
In Railway Electronics company has flagship products, TCAS (Train Collison Avoidance System) for safety and TMS (Train Management System) for efficient track utilization. In 2021, Indian government adopted TCAS as India’s national Automatic Train Protection and named it KAVACH.
b) Defense:
Company manufactures batteries for fighter aircraft, unmanned aerial vehicles, submarine propulsion systems, torpedoes, battle tanks, missiles, artillery fuses and supplies Type 1 batteries for kilo class submarines and Varunasthra torpedo and Type 4 batteries for Scorpene class submarines for the Indian Navy.
c) Batteries:
Company provides industrial batteries to Telecom, UPS, Railways, Solar, Oil and Gas and Power sectors.
Lead Acid Batteries -
Indian Army awarded a defense order in FY22 for 2V VRLA batteries for its Data Center application. Additionally, it received orders from OEs and EPCs for NCPP and VRLA batteries for a number of Metro Rail projects. Company gained traction in Africa with export of 12V UPS batteries and concentrated on commercial exports and provided batteries for other international projects.
Tubular Gel Batteries -
HBL received a purchase order for 312 communities' electrification using tubular gel batteries under a government initiative.
Pure Lead Thin Plate Batteries -
Company is a partner to STTelemedia for the supply of PLT batteries for existing and upcoming Data Centres. It also bagged an order from COLT, Data Centre for PLT batteries and positioned PLT as preferred batteries for Data Centres at Reliance. The Company has supplied PLT batteries for battle tank engine cranking application to the Indian Army
Market Cap
₹ 17,408 Cr.
Current Price
₹ 628
High / Low
₹ 628 / 165
Stock P/E
57.9
Book Value
₹ 44.0
Dividend Yield
0.08 %
ROCE
34.4 %
ROE
27.7 %
Face Value
₹ 1.00
Industry PE
37.0
Debt
₹ 67.5 Cr.
EPS
₹ 10.1
Promoter holding
59.1 %
Intrinsic Value
₹ 114
Pledged percentage
0.00 %
EVEBITDA
39.1
Change in Prom Hold
0.00 %
Profit Var 5Yrs
66.1 %
Sales growth 5Years
12.0 %
Return over 5years
90.4 %
Debt to equity
0.06
Net profit
₹ 280 Cr.
ROE 5Yr
12.0 %
Profit growth
209 %
Earnings yield
2.55 %
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
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Triangle Pattern Breakout is on the way in IndiaMart IntermeshHello everyone i hope you all will be doing good,, today i have brought a stock which is still trading inside the triangle pattern, but there is higher probability we will see huge breakout very soon with huge volume on all time frame. Stock is really good name is IndiaMART, and it is the first and largest B2B digital marketplace in the country, today stands out as a game-changer on the B2B landscape. It focuses on integrating the Small and Medium Businesses (SMEs) into the new paradigm with speed and ease, we are constantly pushing the frontiers of innovation to make the online marketplace more accessible, visible and engaging to them.
Largest in the industry:-
The company commands nearly 60% market share of the online B2B classifieds space which makes it the largest player in the industry.
Well Diversified Marketplace:-
As of FY24, their website has ~108 million product listings from 56 different industries, making them one of the most diversified marketplaces in Indian. No single industry accounts for >8% of total paying suppliers. Construction & Building Raw Material is the largest category in the marketplace and covers ~8% of it. There are ~98,000 product categories.
Logistics Partner:-
Commercial Vehicles - Tata Motors, Mahindra, Piaggio, Atul Auto, TVS.
Merger of Subsidiaries:-
In March,24, the company merged the WOS Hello Trade Online Private Limited and Tolexo Online Private Limited into Busy Infotech Private Limited.
Technically stock has not given breakout yet, but there is higher probability breakout is coming soon, it is just on the way. Stock is good, it has monopoly in business, it is having 60% market share. I think it has potential to become multibagger in long term, so if anybody wants to go long term investing, then this is one of the kind of that stock, invest and forget type. So take it or regret later... In short term to medium term, i already mention the levels please go accordingly.
Disclaimer:-Personally i am holding this stock for long term with lower levels.
Market Cap
₹ 16,134 Cr.
Current Price
₹ 2,690
High / Low
₹ 3,336 / 2,229
Stock P/E
48.2
Book Value
₹ 289
Dividend Yield
0.74 %
ROCE
23.9 %
ROE
17.6 %
Face Value
₹ 10.0
Industry PE
62.3
Debt
₹ 40.7 Cr.
EPS
₹ 55.7
Promoter holding
49.2 %
Intrinsic Value
₹ 1,559
Pledged percentage
0.00 %
EVEBITDA
32.1
Change in Prom Hold
0.00 %
Profit Var 5Yrs
75.6 %
Sales growth 5Years
18.7 %
Return over 5years
32.4 %
Debt to equity
0.02
Net profit
₹ 334 Cr.
ROE 5Yr
19.8 %
Profit growth
18.2 %
Earnings yield
2.88 %
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.
Are you ready to get 2332% Return if yes please Read descriptionHello Everyone, i hope you all will be doing good in your trading and your life as well, i know you guy's have to read about this stock which can give 2332% returns. So i am talking about welspun corp stock which has given breakout and retested the breakout zone on monthly time frame. Well i have written many things on chart about these, but still i will explain about this stock here too, but for the levels you have to go through chart above.
1st of all stock has given huge breakout after almost 16 years, and stock is sustaining above to this breakdown zone, All major indicators like, MACD AND RSI showing bullish crossover, price is above 200=DEMA, everything looks positive about this stock. So this is the best time to enter and hold for long term, now come about returns which i have mention on title, how will you get this much of returns in this stock if you invest now, 1st of all if you check major pattern on monthly chart, it is kind of triangle pattern right, in tringle pattern we always expect whatever inside higher length size will be we will expect that target for next move after breakout of triangle pattern. So if you check i have measure same length and i found stock has rallied 2332% in between, so i am expecting same. See guy's in longer term company always take some corporate action like, bonus and split so we might can see price differentiation on chart, but to calculate exact returns, you have to measure from today's date when i am publishing this post.
i hope this have been clear, one thing i have written on chart as well, i am just going to do copying and paste here as well just read this is very important:-
((Friends, if you check inside the monthly chart analysis, you will see that many types of chart patterns were formed, many trendlines and supports were found breakout or breakdowns which occurred many times, but now in the long term the stock has given all time high breakout. which Formed in 2008, my point here to tell you all this is that if you think for long term you will never care about these noises, so if the company is good we should always find opportunity to invest and whenever we have any type correction in stock, we should take as another opportunity to add more at down levels. i hope i have explain clearly about long term investing method.))
i think this is one of the best idea or method to get best appreciation in returns in long term on your stock. So i am expecting you guy's have learned these unique techniques in investing world. if you think i have really teach you something best then do not forget to hit like on this post.
NOW LET'S READ ABOUT THE COMPANY AND IT'S FUNDAMENTAL:-
WCL is one of the largest manufacturers of large diameter pipes globally. The company also manufactures BIS-certified Steel Billets, TMT (Thermo-Mechanically Treated)
Rebars, Ductile Iron (DI) Pipes, Stainless Steel Pipes, and Tubes & Bars. The company acquired Sintex-BAPL, a market leader in water tanks and other plastic products, to expand its building materials portfolio. It has also made strategic acquisition of specified assets of ABG Shipyard.
Growth Strategy:-
The Company has been undergoing a transformation journey since past couple of
years by diversifying into related businesses that have good future growth potential. Setting up of DI Pipes facility in Anjar, Gujarat and acquisition of Sintex BAPL are a part of that strategy.
Product Portfolio:-
The product portfolio of the company comprises HSAW Pipes (Helically Welded), LSAW Pipes (Longitudinally Welded), and ERW Pipes (Electric Resistance Welded) for Onshore/Offshore Oil, Gas, and Water Transmission it also provides Coating System for anti-corrosion and Value-added Service like Double Jointing, Pipe Bending, ID Machining, etc.
In Q3FY24, Sintex finalized its foray in Plastic Pipes segments through different types of PVC Pipes including CPVC, HDPE, UPVC and OPVC.
Growth in Pipes Business:-
DI Pipes sales - 9MFY24 sales volume rose almost 10x YoY to 135 KMT. Stainless Steel Bars sales volume grew by 201% YoY to 12,294 MT while, Pipes & Tubes sales volume rose by 23% YoY to ~3,667 MT during 9MFY24.
DI Pipes in Middle East:-
In Feb,24, company is planning to set up a 150 KMTPA DI Pipes manufacturing facility in the Middle East with an investment of ~Rs. 500 crore over next 4-6 quarters. The investment will be made through a combination of debt and equity. The plant is expected to commence commercial production by H1CY25.
Market Cap
₹ 17,538 Cr.
Current Price
₹ 669
High / Low
₹ 671 / 300
Stock P/E
15.8
Book Value
₹ 215
Dividend Yield
0.75 %
ROCE
21.6 %
ROE
21.5 %
Face Value
₹ 5.00
Industry PE
19.7
Debt
₹ 1,949 Cr.
EPS
₹ 42.4
Promoter holding
50.1 %
Intrinsic Value
₹ 587
Pledged percentage
0.00 %
EVEBITDA
8.91
Change in Prom Hold
0.18 %
Profit Var 5Yrs
94.2 %
Sales growth 5Years
14.1 %
Return over 5years
37.0 %
Debt to equity
0.35
Net profit
₹ 1,136 Cr.
ROE 5Yr
14.4 %
Profit growth
656 %
Earnings yield
9.33 %
PROS:-
Company has reduced debt.
Company is expected to give good quarter
Company has delivered good profit growth of 94.2% CAGR over last 5 years
Company has been maintaining a healthy dividend payout of 34.9%
CONS:-
Stock is trading at 3.12 times its book value
Company has a low return on equity of 12.2% over last 3 years.
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.
KRBL is ready for another swing, 83% upside possible from hereHello guy's i have brought another stock which has taken support in trend continuation pattern, stock has shown huge volume spike, means traders and investors showing interest from this level. Higher probability we can see krbl towards 450/550+ in coming few months. Fundamentally this is one of the best company with good management, it has helped many investors to create huge wealth in past. Since Nov 2017 after making fresh new all time high at 675, it went in downtrend and made fresh low at 92 in march 2020(covid fear). Now stock has just taken support at support line and it is ready to fly in blue sky.
Q:-What is Bullish Ascending Channel or Trend Continuation Pattern?
Ans by Rahul:- A bullish channel is called a continuation trend pattern. The bullish channel is assembled by two parallel lines that frame the upward price trend. A line is validated when there has been at least two points of contact with the price.
Q:- How to take Entry and Exit in Trend Continuation Pattern?
Ans by Rahul:- Traders often consider buying near the lower trendline of the rising channel, anticipating that the price will bounce within the upward channel pattern. This provides potential entry points for bullish trades. And when price approaches the upper trendline of the channel, traders exercise caution. This is because the upper trendline may act as a resistance level. It's a point where the uptrend could temporarily stall or reverse, and this is only exit point or profit booking area for the Traders.
Well guy's, while a rising channel suggests the continuation of an uptrend, traders also watch for potential ascending channel pattern breakouts. A rising channel pattern breakout can occur when the price either breaks above the upper trendline or below the lower trendline. An upside channel pattern breakout may signal a potential acceleration of the uptrend, while a downside breakout could indicate a reversal or trend change.
About Company:-
KRBL is worlds leading basmati rice producer and has fully integrated operations in every aspect of basmati value chain, right from seed development, contract farming, procurement of paddy, storage, processing, packaging, branding and marketing.
Market Cap
₹ 7,100 Cr.
Current Price
₹ 310
High / Low
₹ 471 / 258
Stock P/E
11.9
Book Value
₹ 212
Dividend Yield
0.32 %
ROCE
15.8 %
ROE
12.5 %
Face Value
₹ 1.00
Industry PE
38.0
Debt
₹ 545 Cr.
EPS
₹ 26.0
Promoter holding
60.2 %
Intrinsic Value
₹ 325
Pledged percentage
0.00 %
EVEBITDA
8.47
Change in Prom Hold
0.00 %
Profit Var 5Yrs
3.56 %
Sales growth 5Years
5.50 %
Return over 5years
-0.35 %
Debt to equity
0.11
Net profit
₹ 596 Cr.
ROE 5Yr
14.8 %
Profit growth
-15.0 %
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.
Stock is forming Higher High and Higher Lows Pattern with VolumeHello Everyone, i hope you all will be doing good in your life and in your trading as well, i have brought a stock which is forming higher highs and higher lows pattern on weekly timeframe, recently i have observed the stock has shown huge volume spike on weekly chart, Stock is in uptrend and it is going to continue it's current bullish momentum in future as well. there is higher probability that we are going to achieve all our targets.
Stock is good to hold for long term as well, so if anybody is looking to invest for long term can do SIP in this stock. Company is India’s largest private sector shipping company, owning and operating 43 ships and 23 offshore assets. The shipping business is involved in the transportation of crude oil, petroleum products, gas, and dry bulk commodities. The company is involved in the offshore services business through its wholly-owned subsidiary Greatship India Ltd. It provides offshore oilfield services with the principal activity of owning and/or operating offshore supply vessels and mobile offshore drilling rigs.
Market Cap
₹ 15,017 Cr.
Current Price
₹ 1,048
High / Low
₹ 1,129 / 658
Stock P/E
5.75
Book Value
₹ 868
Dividend Yield
2.75 %
ROCE
20.2 %
ROE
23.1 %
Face Value
₹ 10.0
Industry PE
27.6
Debt
₹ 3,048 Cr.
EPS
₹ 183
Promoter holding
30.1 %
Intrinsic Value
₹ 1,401
Pledged percentage
0.00 %
EVEBITDA
3.58
Change in Prom Hold
0.00 %
Profit Var 5Yrs
199 %
Sales growth 5Years
8.18 %
Return over 5years
33.8 %
Debt to equity
0.25
Net profit
₹ 2,614 Cr.
ROE 5Yr
15.5 %
Profit growth
6.30 %
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.
Fans, Lighting, Pumps, Appliances making company is ready to flyHello everyone, i hope you all will be doing good in your life and your trading as well, i have brought another stock which is ready to fly in blue sky. It is an independent company under professional management and have 2 business segments – Lighting and Electrical Consumer Durables. Company name is Crompton Greaves Consumer Electricals Limited, and it is one of the leading consumer companies in India with a 75+ years old brand legacy.
Product Portfolio:-
Fans - Ceiling Fans, Table fans, pedestal fans, wall-mounted fans, Ventilating fans, heavy-duty exhaust fans, air circulators, industrial fans. In FY23, company has transitioned to the new BEE norms.
Pumps - Residential pumps, Agricultural pumps, solar pumps, specialty pumps.
Appliances - Water heaters, air coolers, mixer grinders, irons, small kitchen appliances, and power solutions. In FY23, company launched a range of built in kitchen appliances in top 10 cities.
Lighting - LED lamps, Battens, panels, streetlights and floodlights, interior & architectural lighting, incandescent lamps, compact lamps, and Fluorescent lights.
Stock is forming higher highs and higher lows pattern on weekly timeframe, and now it has taken support and formed higher lows on chart, there is higher probability we can see a follow through momentum in coming days. So this can be best entry levels to accumulate in lower levels for higher targets.
Market Cap
₹ 20,161 Cr.
Current Price
₹ 314
High / Low
₹ 328 / 252
Stock P/E
46.6
Book Value
₹ 42.6
Dividend Yield
0.96 %
ROCE
16.0 %
ROE
18.1 %
Face Value
₹ 2.00
Industry PE
66.8
Debt
₹ 1,019 Cr.
EPS
₹ 6.77
Promoter holding
0.00 %
Intrinsic Value
₹ 125
Pledged percentage
0.00 %
EVEBITDA
26.6
Change in Prom Hold
0.00 %
Profit Var 5Yrs
7.42 %
Sales growth 5Years
11.0 %
Return over 5years
5.70 %
Debt to equity
0.37
Net profit
₹ 440 Cr.
ROE 5Yr
29.4 %
Profit growth
-17.5 %
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.
Ayurvedic Balm making stock has given Triangle pattern BreakoutHello everyone, i hope you all will be doing good in your life and your trading as well. I have brought a stock which has given breakout of Triangle pattern on weekly time frame, price is sustaining above 50 EMA since 3 weeks, MACD Has also given bullish crossover. There is higher probability we can see upside momentum in near term. Good thing about this stock is this is still trading at discount price, earlier it was trading almost at 50% discount, but recently it has given some upside momentum, still it's on discount around 40%.
About company:- AHCL has been manufacturing ayurvedic balm for pain management since 1893, and is currently managed by the third-generation of promoters. The company is more than 120 years old and is into OTC products in the segments of pain management, women's hygiene, and packaged fruit juice drink.
KEY POINTS
High Market Share in Modern Trade
Amrutanjan has maintained the No. 1 rank in Modern Trade in Head Category with the volume market share of 41.1%* in CY19.
Product Portfolio
The Co. offers a wide range of products in categories like pain management, congestion management, women’s hygiene, beverages, etc.
Revenue Mix FY22
OTC Products - 92%
Beverages - 8%
Geographical Split FY22
Domestic - 98%
Export - 2%
Manufacturing Capabilities
The Co. has 3 manufacturing units: 2 for its OTC products and 1 for beverages. It has a production capacity of 1,600 MT in the OTC manufacturing units. It is in the process of upgrading its beverage plant with state-of-the-art machinery.
Entry into Oral Care Segment
The Co. entered the oral care segment with Stop Pain Dental Gel to offer instant relief from tooth pain and swollen gums.
Launch of Comfy Sanitary Napkins
Amrutanjan entered the women's hygiene segment in FY14, and has scaled it up to a Rs. 50 cr - Rs. 100 Cr business in FY22.
Distribution Network
AHCL’s pain management products are available in ~12 lakh outlets across the country as of Q4 FY22. Comfy’s distribution has reached 3.5 lakh outlets. The Co. has invested in ‘Project M5K’ with the key objective to onboard 5,000 distributors, super stockists, and sub stockists. In FY22, the Company added around 150 super stockists and 1,200 sub-stockists to reach towns/ villages with fewer populations.
Strategic Focus
The Co. continues to focus on expanding distribution, enhancing global footprint, growing its E-Commerce vertical, and controlling costs.
Market Cap
₹ 1,990 Cr.
Current Price
₹ 681
High / Low
₹ 775 / 553
Stock P/E
45.2
Book Value
₹ 89.6
Dividend Yield
0.67 %
ROCE
19.3 %
ROE
14.3 %
Face Value
₹ 1.00
Industry PE
31.9
Debt
₹ 0.66 Cr.
EPS
₹ 15.1
Promoter holding
50.6 %
Intrinsic Value
₹ 337
Pledged percentage
0.00 %
EVEBITDA
30.0
Change in Prom Hold
0.00 %
Profit Var 5Yrs
16.2 %
Sales growth 5Years
11.5 %
Return over 5years
16.4 %
Debt to equity
0.00
Net profit
₹ 44.0 Cr.
ROE 5Yr
21.9 %
Profit growth
5.16 %
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.
Dabur India has given Breakout of Bullish Triangle PatternHello Everyone,
I hope you all will be doing good in your trading and your life as well, i have a stock which has given a bullish triangle pattern breakout on weekly timeframe. Stock name is Dabur India and it is one of the leading fast moving consumer goods (FMCG) players dealing in consumer care and food products. Dabur India Limited is the fourth largest FMCG Company in India and the world’s largest Ayurvedic and Natural Health Care Company with a portfolio of over 250 Herbal/Ayurvedic products.
Market Cap
₹ 1,09,930 Cr.
Current Price
₹ 620
High / Low
₹ 634 / 489
Stock P/E
60.7
Book Value
₹ 55.7
Dividend Yield
0.84 %
ROCE
22.3 %
ROE
19.2 %
Face Value
₹ 1.00
Industry PE
44.5
Debt
₹ 1,365 Cr.
EPS
₹ 10.4
Promoter holding
66.2 %
Intrinsic Value
₹ 145
Pledged percentage
0.00 %
EVEBITDA
38.4
Change in Prom Hold
0.01 %
Profit Var 5Yrs
3.89 %
Sales growth 5Years
7.81 %
Return over 5years
8.67 %
Debt to equity
0.14
Net profit
₹ 1,811 Cr.
ROE 5Yr
21.6 %
Profit growth
7.26 %
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.
Large Rectangle Breakout Seen in BPCL Ltd.Hello Everyone, i hope you all will be doing good. I have found a Good Trade which just have retested the levels after giving successful breakout on chart, And today i am gonna to teach you about this pattern so if you see this pattern next time, you all will be able to trade accordingly.
Q:- What is Rectangle Pattern and How to Use Rectangle Chart Patterns to Trade Breakouts?
Rahul:-
A rectangle is a chart pattern formed when the price is bounded by parallel support and resistance levels.
A rectangle exhibits a period of consolidation or indecision between buyers and sellers as they take turns throwing punches but neither has dominated.
The price will “test” the support and resistance levels several times before eventually breaking out.
From there, the price could trend in the direction of the breakout, whether it is to the upside or downside.
we can clearly see above in BPCL chart that the pair was bounded by two key price levels which are parallel to one another.
So, Traders, i hope you Guy's have learned today how to Trade Rectangle Pattern, but guy's We just have to wait until one of these levels breaks and go along for the ride!
Remember, when you spot a rectangle: THINK OUTSIDE THE BOX! That's it.
ABOUT:-
Bharat Petroleum Corporation is a public sector company which is engaged in the business of refining of crude oil and marketing of petroleum products.
Market Cap
₹ 1,30,112 Cr.
Current Price
₹ 600
High / Low
₹ 688 / 331
Stock P/E
4.81
Book Value
₹ 349
Dividend Yield
3.50 %
ROCE
32.1 %
ROE
41.9 %
Face Value
₹ 10.0
Industry PE
7.78
Debt
₹ 54,599 Cr.
EPS
₹ 124
Promoter holding
53.0 %
Intrinsic Value
₹ 837
Pledged percentage
0.00 %
EVEBITDA
3.77
Change in Prom Hold
0.00 %
Profit Var 5Yrs
28.2 %
Sales growth 5Years
8.48 %
Return over 5years
9.16 %
Debt to equity
0.72
Net profit
₹ 26,859 Cr.
ROE 5Yr
23.0 %
Profit growth
709 %
Important levels for BPCL Ltd.
Buy in between 605-585 ( Accumulate more if get lower levels till 550-530)
Targets we can see 808/1008/1290++
Keep Stop loss at 471
Price is above 200 EMA
We have seen Proper Breakout of Large Rectangle Pattern in weekly timeframe.
with Good Volume
Price is sustaining above breakout trendline and it has given pull back to retest the levels
MACD and RSI has given bullish crossover (I have not placed RSI here as i want to keep chart neat and clean but i have analysed already)
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.
Breakout with huge Volume || This auto stock is ready to fly Hello everyone, i hope you all will be doing good in your trading and your life as well. I have brought an auto ancillary stock which has given a breakout with huge volume addition on chart, this type of structure usually supports breakout. MACD and RSI also giving bullish crossover, price is above 200-DEMA. All this indicating bullish moment in this stock.
Market Position:-
Company is India’s largest manufacturer and exporter of auto components and amongst the leading manufacturers of industrial components. It also manufactures critical components for wind, hydro and nuclear applications; provides critical components for defense and aerospace.
Market Cap
₹ 66,996 Cr.
Current Price
₹ 1,439
High / Low
₹ 1,474 / 753
Stock P/E
73.0
Book Value
₹ 154
Dividend Yield
0.50 %
ROCE
13.3 %
ROE
13.2 %
Face Value
₹ 2.00
Industry PE
30.2
Debt
₹ 7,948 Cr.
EPS
₹ 20.4
Promoter holding
45.2 %
Intrinsic Value
₹ 329
Pledged percentage
0.00 %
EVEBITDA
26.2
Change in Prom Hold
0.00 %
Profit Var 5Yrs
-2.05 %
Sales growth 5Years
9.10 %
Return over 5years
25.9 %
Debt to equity
1.11
Net profit
₹ 910 Cr.
ROE 5Yr
9.59 %
Profit growth
101 %
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.
Monopoly Courier Stock given Breakout,Which has 54% Market ShareHello Everyone, I hope you all will be doing good in your Trading and life as well. I have brought another good stock, which has given breakout with good volume on weekly timeframe, Company is industry leader in their segment, Co. is a market leader in organized air express with a market share of 54% in FY21 v/s 45% in FY15. Co. is on 4th market position in Organized Ground Express with a market share of ~17%. Company name is Blue Dart Express Limited , incorporated in 1983, is involved in transportation and door-to-door distribution of time-sensitive shipments, through an integrated ground and air transportation network. The company is regarded as South Asia’s leading courier and integrated air express package distribution company.
STOCK HAS GIVEN BREAKOUT OF BULLISH TRIANGLE PATTERN
STOCK IS ABOVE 200-DEMA LINE
MACD IS GIVING BULLISH CROSSOVER
RSI ALSO INDICATING BULLISH CROSSOVER IN STOCK (I HAVE NOT PLACED RSI ON CHART, JUST DID MY ANALYSIS)
THINK FOR LONG TERM, STOCK IS GOOD TO DO SIP IN LONG TERM..
STOCK IS GIVING BEST ENTRY TO ENTER AND HOLD FOR LONG TERM.
Market Cap
₹ 17,081 Cr.
Current Price
₹ 7,198
High / Low
₹ 7,650 / 5,487
Stock P/E
56.7
Book Value
₹ 576
Dividend Yield
0.42 %
ROCE
19.9 %
ROE
23.6 %
Face Value
₹ 10.0
Industry PE
56.7
Debt
₹ 1,073 Cr.
EPS
₹ 127
Promoter holding
75.0 %
Intrinsic Value
₹ 1,255
Pledged percentage
0.00 %
EVEBITDA
19.9
Change in Prom Hold
0.00 %
Profit Var 5Yrs
27.3 %
Sales growth 5Years
10.7 %
Return over 5years
19.1 %
Debt to equity
0.78
Net profit
₹ 301 Cr.
ROE 5Yr
29.6 %
Profit growth
-16.0 %
PROS:-
Company has delivered good profit growth of 27.3% CAGR over last 5 years
Company has a good return on equity (ROE) track record: 3 Years ROE 35.1%
Company has been maintaining a healthy dividend payout of 25.4%
CONS:-
Stock is trading at 12.5 times its book value
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.
Large Rectangle Pattern Breakout seen in Miniratna Govt. StockHello Everyone, I hope you all will be doing good in your life and Trading as well. Guy's i have brought another Government Stock which has given multi year large Rectangle Pattern Breakout. Now a day's Government stocks are in famous to invest for long term, as most of GOVT. owned stocks giving multifolds returns like Railways and defense Sectors stocks. Our stock name is MOIL Ltd and this is primarily engaged in mining of manganese ore and is the largest manganese ore producer in the country. It is a miniratna state-owned company owned by Govt. of India.
The Co. is the largest producer of manganese ore with market share of ~45% in the country with large reserves of manganese ore.
The Co. has produced ~12 lakh tonnes of manganese ore p.a. on average over the last 5 years from FY18 to FY22.
At present, the Co. operates 11 mines, 7 located in the Nagpur and Bhandara districts of Maharashtra and 4 in the Balaghat district of Madhya Pradesh.
Market Cap
₹ 7,229 Cr.
Current Price
₹ 355
High / Low
₹ 370 / 141
Stock P/E
25.5
Book Value
₹ 116
Dividend Yield
1.04 % (Good)
ROCE
14.7 %
ROE
11.0 %
Face Value
₹ 10.0
Industry PE
18.4
Debt
₹ 0.00 Cr. (Positive)
EPS
₹ 13.9
Promoter holding
64.7 %
Intrinsic Value
₹ 215 (Good)
Pledged percentage
0.00 %
EVEBITDA
12.0
Change in Prom Hold
0.00 % (Good)
Profit Var 5Yrs
-10.6 % (Negative)
Sales growth 5Years
0.38 %
Return over 5years
16.6 %
Debt to equity
0.00
Net profit
₹ 283 Cr.
ROE 5Yr
11.5 %
Profit growth
-3.85 % (Negative)
PROS:-
Company is almost debt free.
Company has been maintaining a healthy dividend payout of 53.9%
Debtor days have improved from 51.2 to 39.1 days.
CONS:-
The company has delivered a poor sales growth of 0.38% over past five years.
Company has a low return on equity of 10.9% over last 3 years.
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.
Are you ready to get Next 1000% Returns from this Solar Stock?Hello everyone, i hope you all will be doing good in your life and your trading as well.
I have brought brought a stock from renewables energy which manufacturing of low-iron solar glass for application in photovoltaic panels, Flat plate collectors and Green houses. It is the first and the only producer of solar glasses in the country.
If i talk about Manufacturing capabilities company has grown by over 7.5 times in the last five years, from a manufacturing capacity of 180 tons per day in 2018 to 1350 tons per day in 2023 (including the German acquisition).
Overall Company has given more than 1500% returns since IPO came, and this will continue to like this in future as well. I think everyone should think for long term in it or better do sip in this futuristic business stock. Govt. also encouraging families to put solar in rural and urban areas so as demand is increasing, company can grow in multifolds. so again this is best time to enter for long term as well as short term to medium term.
Stock has given breakout of Rectangle Pattern and price has come to retest the levels. Everything supported by huge volume spike on weekly chart, MACD indicator also has given bullish crossover on weekly timeframe.
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.
Urea Saler Stock has given Breakout of Rising Ascending ChannelHello Everyone, i have brought another stock which has given breakout of long Rising Ascending Channel on monthly timeframe, actually this stock already have given breakout and retest, and i have been little late in catching this gem on right time, but still there is a lot energy has remain to go more upside from here, but in case you guy's get some down momentum then accumulate as much as possible, as this is really good technically and fundamentally stock for long term investing. Company is trading just at 9 PE with attractive intrinsic value of 212 and stock is offering almost near to 2% dividend yield, witch makes more valuable to this Stock.
This is really one kind invest and forget type stock but i will suggest to do sip whenever it falls more than 10%,..
Market Cap
₹ 2,009 Cr.
Current Price
₹ 98.6
High / Low
₹ 100.0 / 52.0
Stock P/E
9.17
Book Value
₹ 52.4
Dividend Yield
1.52 %
ROCE
29.6 %
ROE
35.9 %
Face Value
₹ 10.0
Industry PE
27.5
Debt
₹ 539 Cr.
EPS
₹ 10.8
Promoter holding
53.4 %
Intrinsic Value
₹ 212
Pledged percentage
0.00 %
EVEBITDA
6.61
Change in Prom Hold
0.00 %
Profit Var 5Yrs
47.5 %
Sales growth 5Years
7.25 %
Return over 5years
32.2 %
Debt to equity
0.50
Net profit
₹ 219 Cr.
ROE 5Yr
25.0 %
Profit growth
-12.4 %
PROS:-
Company is expected to give good quarter
Company has delivered good profit growth of 47.5% CAGR over last 5 years
Company has a good return on equity (ROE) track record: 3 Years ROE 28.1%
CONS:-
The company has delivered a poor sales growth of 7.25% over past five years.
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.
Bulls taken Driving seat from Bears in Maruti Suzuki::Tgt 9800+About Company:-
The Company was established in 1981. A joint venture agreement was signed between the Government of India and Suzuki Motor
Corporation (SMC), Japan in 1982. The Company became a subsidiary of SMC in 2002.It is the market leader in passenger vehicle segment in India. In terms of production volume and sales, the Company is now SMC’s largest subsidiary. SMC currently holds 56.28% of its equity stake.
The principal activities of the Company are manufacturing, purchase and sale of motor vehicles, components and spare parts.
Market Cap
₹ 2,61,620 Cr.
Current Price
₹ 8,660
High / Low
₹ 9,769 / 7,062
Stock P/E
35.3
Book Value
₹ 1,893
Dividend Yield
0.69 %
ROCE
8.95 %
ROE
7.25 %
Face Value
₹ 5.00
Debt
₹ 625 Cr.
EPS
₹ 246
PEG Ratio
-4.44
Promoter holding
56.4 %
Intrinsic Value
₹ 3,045
Pledged percentage
0.00 %
EVEBITDA
21.4
PROS
Company is almost debt free.
Company is expected to give good quarter
Company has been maintaining a healthy dividend payout of 36.5%
Fundamental Analysis:-
Maruti Suzuki is expected to outperform in a moderating growth environment in FY24E, driven by its promising product pipeline. According to sources Maruti Suzuki going to launch of three more new products in the next six to nine months. This all will lead this company Stock price towards 10k plus levels.
Technical Analysis:-
Maruti Suzuki has given proper breakout of falling trendline and made double bottom valid pattern in daily timeframe, Price action indicating a bullish momentum in Maruti Suzuki,,,time has came to say bye bye to bears in it. All levels has written on Chart, Trade accordingly. Always think long term. This is also one of the best Gem to invest in long term. Trade Carefully and Trade with Strict Stop loss.
if anyone like my effort on this please don't forget to like, follow and comment.
Thankyou:))
Bull Flag Pattern Breakout and Retest seen in Dixon TechnologiesHello Traders, i have brought another analysis on a pattern breakout which called (Bull Flag Pattern). Well i have marked and written most of the things on chart, but still i am gonna to teach you here guy's about this pattern so if you see this type of Bull flag pattern next time, So at least you guy's will be able to trade. So Let's start.
Q:- What is Flag Pattern and How to Use this Flag Patterns when you see Breakouts in it?
Rahul Replies: - A bull flag is a continuation pattern that occurs as a brief pause in the trend following a strong price move higher. The bull flag chart pattern looks like a downward sloping channel/rectangle denoted by two parallel trendlines against the preceding trend. During this period of consolidation, volume should dry up through its formation and resolve to push higher on the breakout. The actual price formation of the bull flag resembles that of a flag on a pole hence its namesake.
These three elements are integral for the bullish flag to occur:-
The flagpole:- The asset’s price must trade higher in a series of the higher highs and higher lows.
Flag:- A consolidation must take place between two parallel trend lines;
A breakout:- The consolidation can’t take forever. A breakout to the upside activates the pattern, while a break of the supporting line invalidates the formation.
Guy's now i will tell how to use this Bull Flag Pattern if you see breakouts in it?
Buy when prices breakout above the consolidation pattern on high volume.
Place stop loss order below bottom of consolidation pattern or if you have short term view on particular stock which has given successfully breakout then you place below of breakout candle and ride the trade.
Guy's according to the study we have two types of Profits targets 1st one is, if you have short term view then you should go at least length of flag pattern and 2nd one is if you have long term view kind of investment purpose then you should go length of Flag Pole.
The main thing to look for in this pattern is volume. Volume confirms major moves and the likely hood that a breakout will be successful. In Dixon Technologies we have seen huge volume, which says this is a genuine breakout.
So guy's this was the process of Bull Flag Pattern. So if you spot this bull flag pattern in any stock or index you can go longer according to the setup i have told you. In our chart we have got double breakout, 1st breakout of flag pattern and 2nd we have seen for resistance zone which i have marked on chart.
I hope you guy's have understand now, how to trade bull flag pattern after breakout.
So now let's focus about company background.
Dixon Technologies (India) Limited is the largest* home grown design-focused and solutions company engaged in manufacturing products in the consumer durables, lighting and mobile phones/smart phones markets in India.
Market Cap
₹ 28,218 Cr.
Current Price
₹ 4,738
High / Low
₹ 4,968 / 2,553
Stock P/E
102
Book Value
₹ 216
Dividend Yield
0.04 %
ROCE
25.8 %
ROE
22.4 %
Face Value
₹ 2.00
Debt
₹ 200 Cr.
EPS
₹ 46.8
PEG Ratio
3.08
Promoter holding
34.0 %
Intrinsic Value
₹ 1,549
Pledged percentage
1.13 %
EVEBITDA
50.6
PROS
Company has reduced debt.
Company has delivered good profit growth of 33.2% CAGR over last 5 years
Company's median sales growth is 15.7% of last 10 years
CONS
Stock is trading at 22.0 times its book value
Important levels for DIXON TECHNOLOGIES:-
Buy in between 4750-4679 Range.
Targets we can see 5697/6493+ (Long term Targets will be 9704+)
Keep Stop loss at 4023 (Long term Stop loss will be 2450)
Price is above 200 EMA
We have seen Proper Breakout of Bull Flag Pattern in weekly timeframe.
with Good Volume
Price is sustaining above breakout and above resistance levels and it has given pull back to retest the levels
MACD and RSI has given bullish crossover (I have not placed RSI here as i want chart neat and clean but i have analysed already)
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.
Bullish Flag Pattern Breakout & Pullback Pattern in Persistent.Hello Traders & Investor,
I have brought another analysis on Persistent System which has given a neat and clean breakout of BULLISH FLAG PATTERN , after that price has pullback to retest the breakout zone. Now it is ready to fly in blue sky..Well Guy's i already have told earlier about this flag pattern but still i will tell you all in short here,
Q:- What is a flag pattern?
Rahul:- A flag is a formation in the technical chart representing a period of temporary consolidation or pause before the trend continues to move either upward or downward.
I hope you have got it.
So, guy's whenever you see this pattern, wait for breakout and then take entry or you can enter after retest the levels (Pullback). The risk and reward is really very favorable if you take entry after any bullish flag pattern breakout.
ABOUT COMPANY:-
Persistent Systems provides software engineering and strategy services to help companies implement and modernize their businesses. It has its own software and frameworks with pre-built integration and acceleration. It also has partnership with providers such as Salesforce and AWS.
Market Cap
₹ 45,375 Cr.
Current Price
₹ 5,899
High / Low
₹ 6,035 / 3,611
Stock P/E
45.2
Book Value
₹ 574
Dividend Yield
0.68 %
ROCE
30.3 %
ROE
25.3 %
Face Value
₹ 10.0
Debt
₹ 555 Cr.
EPS
₹ 128
PEG Ratio
1.84
Promoter holding
31.1 %
Intrinsic Value
₹ 2,371
Pledged percentage
0.00 %
EVEBITDA
26.6
PROS
Company is expected to give good quarter
Company has delivered good profit growth of 24.6% CAGR over last 5 years
Company has been maintaining a healthy dividend payout of 36.6%
Company's median sales growth is 17.4% of last 10 years
CONS
Stock is trading at 10.3 times its book value
Important levels for .PERSISTENT SYSTEM LTD.
Buy in between 5915-5850.
Targets we can see 6370/6883+
Keep Stop loss at 5599.
Price is above 200 EMA
We have seen Proper Breakout of Bullish Flag Pattern in daily timeframe.
with Good Volume
Price is sustaining above breakout of Flag Pattern and it has given pull back to retest the levels
MACD and RSI has given bullish crossover (I have not placed RSI here as i want chart neat and clean but i have analysed already)
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.
Tata Consumer next price Prediction : Target 825Tata Consumer currently forming a bullish pennant pattern. Let me tell you something about bullish pennant pattern a little. A bullish pennant is a technical trading pattern that indicates the impending continuation of a strong upward price move. They're formed when a market makes an extensive move higher, then pauses and consolidates between converging support and resistance lines. So Tata Consumer has taken converging support and now it is moving towards it's resistance area. So we can play this move which can give almost 100 points rally from here.
So Buy from current price 720 and Stop loss can be placed at 650, Target we can see 800/825.
Well let me tell you something this is very good stock to invest and hold. So if anyone wants to go invest for long term can go with same given level.
If anyone likes my work, Please do not hesistate to hit like, follow and comment.
Thankyou :-))
Downward Sloping Trendline Breakout Seen in Avenue SupermarketABOUT COMPANY
Avenue Supermarts is primarily engaged in the business of organized retail and operates supermarkets under the brand name of D-Mart.
We have seen Neat & Clean Breakout of Downward Sloping Trendline in Avenue Supermarket(D-Mart). This is a huge breakout, this momentum can take this ticker towards All time high 5323 levels. Price and Action Showing a bullish momentum in it. Volume increment also higher from previous week.
According to this breakout price should move in upward direction very fast. As previously we have seen a gap down, so this breakout has filled that gap up also. All that indicating a price reversal in D-Mart.
All levels i have marked on chart, like entry, target, stop loss, all support, breakout levels etc.
If you guy's like my work then don't forget to hit like and follow me and comment your thoughts on this idea.
Thankyou.
Disclaimer:- This is one of my best stock which i am holding from down levels, and still going to add more here as this is showing clearly price reversal. This is not a recommendation, You guy's do your own research or consult with your financial advisor before taking any position in it.