Coforge Bullish channels 📈 Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Rising Channels
📌 Symbol/Asset: Coforge
🔍 Description: Stock is making higher high and Lower high.
Stock is in a Rising channel and we can see huge upside withing the channels.
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation.
Investing
ICICIPRULI | Investment Pick📊 DETAILS
Sector: Life & Health Insurance
Mkt Cap: 76,359 cr
ICICI Prudential Life Insurance Company Ltd carries on business of providing life insurance, pensions and health insurance products to individuals and groups. The business is conducted in participating, non-participating and unit linked lines of business. These products are distributed through individual agents, corporate agents, banks, brokers, sales force and company's website.
TTM PE : 84.20 (Average PE)
Sector PE : 18.09
Beta : 0.91
📚 INSIGHTS
Mid range performer
Stock with medium financial performance with average price momentum and valuation. These stocks may be affordable and are showing some investors interest.
13.85% away from 52 week high
Underperformer - ICICI Prudential Life Insurance Company down by -5.12% v/s NIFTY 50 down by -1.09% in last 1 month
📈 FINANCIALS
Piotroski Score of 5/9 indicates Average Financials
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
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NYKAA | Investment Pick📊 Details
FSN E-commerce Ventures Ltd. (FSNEV) popularly known as "Nykaa" is a digitally native consumer technology platform, delivering a content-led, lifestyle retail experience to consumers. The company has a diverse portfolio of beauty, personal care, and fashion products, including owned brand products manufactured by it.
Disclaimer: This analysis is solely for educational purposes and does not make me a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
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CDSL | Investment Pick📊 DETAILS
Sector: Misc. Commercial Services
Mkt Cap: 13,898 cr
Central Depository Services Limited is a Market Infrastructure Institution (MII), part of the capital market structure, providing services to all market participants - exchanges, clearing corporations, depository participants (DPs), issuers and investors. It is a facilitator for holding of securities in the dematerialised form and an enabler for securities transactions.
TTM PE : 47.64 (Average PE)
Sector PE : 40.80
Beta : 0.79
📚 INSIGHTS
Mid range performer
Stock with medium financial performance with average price momentum and valuation. These stocks may be affordable and are showing some investors interest.
6.83% away from 52 week high
Underperformer - Central Depository Services Ltd down by -3.65% v/s NIFTY 50 down by -0.9% in last 1 month
📈 FINANCIALS
Piotroski Score of 6/9 indicates Average Financials
Disclaimer: This analysis Is For educational purposes only, And I'm not a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
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Will Wood Product Maker firm (Century Ply) will Fly in Blue Sky?Hello Guy's, i hope you all be doing good.
I have brought another stock, which has given Rectangle Pattern breakout with good volume, and now we can see bullish momentum in it.
Stock has given a breakout after almost 2 years, and Stock is above Short, Medium and Long term Moving Averages. Means Strong Bullish Momentum we can see in coming few months. Kotak Mahindra Group is holding 4.82% stake in it. This is industry leader Stock. Promoters holding remains unchanged at 73.04% in Sep 2023 qtr.
Technical indicators (MACD) suggesting a bullish crossover. So overall it is in strong bullish momentum.
About Company:-
Century Plyboards India Ltd was incorporated in January 1982 by Mr. Sajjan Bhajanka and Mr. Sanjay Agarwal. The company has a diversified portfolio & manufactures plywood, veneer, laminates, medium density fibre (MDF), particle board and allied products.
Largest player of Plywood in India:-
The company is a leading manufacturer and supplier of plywood with 25% market share in the organised plywood market of India.
Market Cap
₹ 16,377 Cr.
Current Price
₹ 737
High / Low
₹ 750 / 436
Stock P/E
43.0
Book Value
₹ 93.3
Dividend Yield
0.14 %
ROCE
27.0 %
ROE
22.8 %
Face Value
₹ 1.00
Industry PE
30.4
Debt
₹ 483 Cr.
EPS
₹ 17.1
Promoter holding
73.0 %
Intrinsic Value
₹ 287
Pledged percentage
0.01 %
EVEBITDA
27.2
Change in Prom Hold
0.00 %
Profit Var 5Yrs
19.3 %
Sales growth 5Years
12.5 %
Return over 5years
32.0 %
Debt to equity
0.23
Net profit
₹ 381 Cr.
ROE 5Yr
18.8 %
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
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Cheviot Company Ltd | A Trending sectorCheviot Company Ltd | A Trending sector
Established in 1897, Cheviot Company Limited is a flagship company of Group Cheviot. The company is engaged in manufacturing and sale of jute goods like Sacking, Hessian and Yarn.
Located in West Bengal, the company is recognized as a Trading House by the Government of India
Market Cap =₹ 914 Cr. ROCE = 12.7 % ROE 9.76 % Promoter holding =74.8 %
Debt to equity =0.01
we can see rounding bottom pattern so clearly shown that consolidation period over and price enter in to momentum zone.
its take some time to reach target but company is almost debt free so I don't bother to invest for long time until my target reach.
company's product portfolio is very strong and in demand for long term .
friends this is my view. please do your research before you invest.
I am not SEBI registered financial adviser.
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Multimonths Resistance zone breakout and pullback pattern in IOCHello Mates,
Guy's We have seen Neat & Clean Multi months Resistance zone breakout and Pull back pattern in IOC. On friday session it has given closing at 94 with the +2.51% of successfully upside, this is proper signal that this has respected the levels of breakout and now it is ready to fly in blue sky.
Important levels for IOC
Best entry point will be 95-93
Targets we can see in upside 101/107/115+
Keep stop loss at 85
Price is above 200-EMA, it shows a positive trend in near term.
About Company:-
Indian Oil Corporation Ltd is a Maharatna Company controlled by GOI, that has business interests straddling the entire hydrocarbon value chain - from Refining, Pipeline transportation and marketing of Petroleum products to R&D, Exploration & production, marketing of natural gas and petrochemicals. It has the leadership position in the Oil refining & petroleum marketing sector of India.
Market Cap
₹ 1,32,740 Cr.
Current Price
₹ 94.0
High / Low
₹ 101 / 65.2
Stock P/E
5.40
Book Value
₹ 98.9
Dividend Yield
3.19 %
ROCE
8.16 %
ROE
7.17 %
Face Value
₹ 10.0
Debt
₹ 1,48,977 Cr.
EPS
₹ 17.4
PEG Ratio
-0.36
Promoter holding
51.5 %
Intrinsic Value
₹ 312
Pledged percentage
0.00 %
EVEBITDA
5.18
PROS
Stock is trading at 0.95 times its book value
Company has been maintaining a healthy dividend payout of 46.4%
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
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LICI | Swing Trade📊 Details
Life Insurance Corporation (LIC) is the largest insurance provider company in India. It has a market share of above 66.2% in new business premium. The company offers participating insurance products and non-participating products like unit-linked insurance products, saving insurance products, term insurance products, health insurance, and annuity & pension products.
Disclaimer: This analysis is solely for educational purposes and does not make me a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
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GRASIM | Investment Pick📊 Details
Grasim Industries Limited is the flagship company of the Aditya Birla group, it ranks amongst India's largest private sector companies. On standalone basis, GIL’s core businesses comprise of viscose Staple fibre (VSF), caustic soda, speciality chemicals, rayon-grade wood pulp (RGWP) with plants at multiple locations. It also has certain other businesses such as fertiliser, textile, etc.
Disclaimer: This analysis is solely for educational purposes and does not make me a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
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BPCL | Swing Trade📊 Details
Bharat Petroleum Corporation is a public sector company which is engaged in the business of refining of crude oil and marketing of petroleum products.
Disclaimer: This analysis is solely for educational purposes and does not make me a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
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EICHERMOT | Swing Trade📊 DETAILS
Sector: Automobile - LCVS/ HVCS
Mkt Cap: 94,717 cr
Eicher Motors Limited, incorporated in 1982, is the listed company of the Eicher Group in India and a leading player in the Indian automobile industry and the global leader in middleweight motorcycles.
Eicher has a joint venture with Sweden’s AB Volvo to create Volvo Eicher Commercial Vehicles Limited (VECV). VECV is engaged in truck and bus operations, auto components business, and technical consulting services business
TTM PE : 29.39 (Low PE)
Sector PE : 52.85
Beta : 0.83
📚 INSIGHTS
Strong Performer
Stock with consistent financial performance, quality management, and strong technical momentum indicating good investor enthusiasm. Currently valued at Good to expensive valuation
10.84% away from 52 week high
Outperformer - Eicher Motors up by 2.67% v/s NIFTY 50 down by -1.36% in last 1 month
📈 FINANCIALS
Piotroski Score of 5/9 indicates Average Financials
Disclaimer: This analysis Is For educational purposes only, And I'm not a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
🔍 More Analysis & Trade Setups 🔍
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Neat & clear breakout seen in Titan (Buy)Titan has given a neat and clean breakout and sustaining above the breakout zone so this is a indication that Titan is now going to make new highs in coming months. MACD is also started forming bullish crossover and very soon it will form bullish crossover. But why to wait till then when titan already tells itself after breakout resistance levels.
This is sure today it is going to close above 2800 levels. just 15 minutes remaining in closing. So with current levels and go for target given on chart. Well this is mine all time favorite stock for holding for long term, as this has already made millionaire to many of them in past.
I have a trade for option writer:-
Sale Titan June 2860 Pe at 83.5
(stop loss 160)
Target 25/15/5/1
and hedge with
Buy Titan june 2700 pe at 22.5
For naked option buy:-
Buy Titan june 2800 ce at 62
Stop loss 25
Target 90/110/125+
Always follow strict stop loss for trades.
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Disclaimer:-This is not and trade or investment advice. This idea is meant for learning. Invest your capital at your own risk.
GAIL | Investment Pick📊 Details
Incorporated in 1984, GAIL, a Government of India undertaking, is an integrated natural gas company in India. It owns over 11,500 km of natural gas pipelines, over 2300 km of LPG pipelines, six LPG gas-processing units and a petrochemicals facility. It also has a joint-venture interest in Petronet LNG Ltd, Ratnagiri Gas and Power Pvt Ltd, and in the CGD business in several cities. GAIL has wholly owned subsidiaries in Singapore and the US for expanding its presence outside India in the segments of LNG, petrochemical trading and shale gas assets.
Disclaimer: This analysis is solely for educational purposes and does not make me a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
🔍 More Analysis & Trade Setups 🔍
For more technical analysis and trade setups, make sure to follow me on TradingView: www.tradingview.com