[MID-LONG TERM INVESTMENT] DEVYANI INTERNATIONA LOOKS GOODDevyani International runs popular food chain Yum Foods in India which owns KFC, PizzaHut and may more other well known brands, fundamentally company is strong and near major support levels of 148 - 140.
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#HSCL - INVESTMENT PICKABOUT
Himadri Speciality Chemical is primarily engaged in the manufacturing of carbon materials and chemicals. It is the No.1 coal pitch manufacturer in India and is the only company to manufacture advanced carbon material in India. It is also the largest player in Naphthalene and SNF in India.
KEY POINTS
Product Portfolio
It manufactures a wide range of carbon materials and chemicals. Its products include coal tar pitch, carbon black, specialty carbon black (SCB) Naphthalene, Advanced carbon material, SNF (Sulphonated Naphthalene Formaldehyde), and specialty oils. It has transformed its portfolio from low-value products to high-valued products over the years for higher margins.
Manufacturing Capabilities
Capacity :-
Coal Tar Distillation - 5,00,000 MTPA
Carbon Black - 120,000 MTPA
Specialty Carbon Black - 60,000 MTPA
SNF - 68,000 MTPA
The company owns 8 manufacturing facilities in India out of which 4 are located in West Bengal. It also owns a manufacturing unit in China. It recently started manufacturing specialty carbon black after expansion in FY20. It also planning an advanced carbon project of 20,000 MTPA at a project cost of ~300 crores.
Its coal tar distillation plant in West Bengal is the largest in India with a capacity of 500,000 MTPA (metric tonnes) that produces various grades of coal pitch and also produces naphthalene for further processing of SNF.
Sales Volume
The company recorded a sales volume of ~320,000 MTPA of carbon materials and chemicals in FY20.
Geographical Revenue Breakup
Presently, the company earns ~92% of its revenues from sales within India and the rest 8% from sales outside India.
Industrial Exposure
The company is exposed to various industries namely steel, aluminum, automotive, plastics, rubber, and infrastructure development.
Clientele Base
Its client base includes Vedanta, Hindalco, Balco, Nalco, Alcoa, graphite India, MRF, apollo tyres, CEAT, Goodyear, Pidilite, Fosroc, BASF, and others.
PERSONALLY EXPECTING 300__500% ROI NSE:HSCL
HBLPOWER / 🚀 / MAKE YOUR INVERST PLANHBLPOWER takes it retest and waiting for breakout if it breaks out 61 and close above we can expect a target range of 75 and sec target 85 holding time 3 months to 6 months those time better be a investor than intraday trader
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L_TFH - Long term view | WATCHLIST STOCK #1A Breakout from the upper trendline = a decent up move for weeks and months can be seen on an overall basis .
WATCHLIST STOCK
The pattern I see is a triangle pattern :) on week chart
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HDFCBANK may retest 975 if goes below 1025Hi Traders!
HDFCBANK has shown small rejections at its weekly support trend line. If it moves upwards it can be traded for 1069, as 1069-1079 is area of strong monthly resistance.
If HDFCBANK falls below 1025 comfortably, it will retest 975.
So keep close watch and follow the strategy as follows:-
In case of upward move:
Intraday traders/Short term traders can take an entry at current market price for a target of 1069.
Long term traders should wait for Stock to comfortably close above 1079 or if its retest 975. This is not a good entry point for long term positions.
In case of downward move:
Short term/intraday traders can short the stock for target of 975 at 1025.
Intraday traders, keep following for intraday trade opportunity calls and ideas. Will publish them as and when I see a good opportunity in stock movement.
Once again ICICI BANK can breakthrough all bulls expectations.ICICI Bank can move towards 400-414-434. Below is my strategy for traders in this banking stock.
Upwards:-
Wait for ICICI Bank to take a direction. It currently stands at its resistance of 380. If this moves upwards or opens with gap-up, take an entry/buy position at 386-388 only after it touches 388 atleast once.
Entry point: 388, SL: 378, Target: 400 (Intraday), 414 (within 2 days), 434 by next week.
The stock is exhibiting uptrend and should achieve the targets as quoted above.
Downwards:-
The next level/support is 343. The long positions can be squared off at 372 in case of downward move(not in case of gap down opening, hold for pull up in this case and then consider this whole strategy). You could short ICICI bank to see intraday lows of 354 or 343 within next 2 days.
HDFC BANK has very high potential and can be your jackpot stock.HDFC Bank is all set to embark on its journey towards 1248-1297 followed by 1315 levels. Below is my strategy for traders in this magical stock.
Upwards :-
When the market opens, wait for HDFC Bank to take a direction. It currently stands at its strong support of 1138. If this moves upwards or opens with gap-up, wait for it to touch 1185.20-1187 post which I expect a pull back to 1172-1173 level. That is your entry point.
Entry point: 1172, SL: 1152, Target: 1248 this week, 1297 next week.
The stock is in strong uptrend and should achieve the targets as quoted above.
Downwards :-
If HDFC Bank moves downwards, I strongly suggest to keep away from cancelling your positions if you have held. You could short HDFC bank to see intraday lows of 1121 but the HDFC bank is targeted to move upwards in a weekly time frame.
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Notice for Intrday traders: I strongly advise to keep away from HDFC Bank in intraday trades. For maximum benefits go for weekly/short term holding if the stock follows Upwards movement as mentioned above. In case of downwards trend, the support lies at 1067 and you could expect that level only if price breaches 1107. Since the gaps are high, I suggest intraday traders to keep away from speculation for two weeks. Incase you want to trade on volumes, one can trade in futures of HDFC Bank with atleast 3-4 weeks expiry date in future.