Get started

Investmentstock

Rounding Bottom Pattern Breakout and Retest Seen in ABSLAMCHello 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 a breakout of ROUNDING BOTTOM PATTERN later we have seen pull back pattern as well, Now stock has given good pullback from it's breakout zone with huge volume spike,. Stock is ready to fly in blue sky. Think for long term only. stock is just trading near to IPO price. India’s Leading AMC ABSBL is one of the largest non-bank affiliated AMC in India managing AUM of ₹6002 bn under its suite of mutual funds, portfolio management services, offshore and real estate offerings. PAN India presence:- Co. has the largest impanelled distribution network covering 290+ locations with 300+ national distributors and 76,300 Mutual Fund distributors covering 19,000+ Pan-India pin codes. Market Cap ₹ 22,463 Cr. Current Price ₹ 779 High / Low ₹ 804 / 423 Stock P/E 27.0 Book Value ₹ 110 Dividend Yield 1.73 % ROCE 34.9 % ROE 27.4 % Face Value ₹ 5.00 Industry PE 23.9 Debt ₹ 79.1 Cr. EPS ₹ 28.9 Promoter holding 75.0 % Intrinsic Value ₹ 363 Pledged percentage 0.00 % EVEBITDA 20.1 Change in Prom Hold -0.05 % Profit Var 5Yrs 11.8 % Sales growth 5Years 3.05 % Return over 5years % Debt to equity 0.02 Net profit ₹ 832 Cr. ROE 5Yr 30.9 % Profit growth 22.6 % Earnings yield 4.80 % PEG Ratio 2.29 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.
NSE:ABSLAMCLong
by TraderRahulPal
Symmetrical Triangle Pattern Breakout seen In Bajaj Finserv Ltd.Hello everyone, i hope you all will be doing good in your Trading and Life as well. I have brought a stock which has given a breakout of Symmetrical Triangle Pattern. Stock name is Bajaj Finserv Ltd, and it is the holding company for the various financial services businesses under the Bajaj group. It serves millions of customers by providing solutions for asset acquisition through financing, asset protection through general insurance, family and income protection in the form of life and health insurance, and retirement and savings solutions. Technically and Fundamentally stock is really Good to go for short term to long term as well. I think this is the best stock to hold for long term from here. This can be best portfolio stock. Companies management has given positive outlook for future in last quaterly result conference call. The pattern can indicate a number of things, including: Volatility contraction The pattern can symbolize a decrease in volatility as the price range contracts within the triangle. Indecision The pattern can form when the market is uncertain and buying and selling continues. Potential trend reversals or continuations The pattern can help traders and analysts spot potential trend reversals or continuations and manage risk. A breakout from the upper trendline indicates the start of a new bullish trend, while a breakdown from the lower trendline marks the start of a new bearish trend. Check the charts above (Bajaj finserv) it has given breakouts for falling upper band. before to few minutes of Closing of today's session or opening of next day session can be entry point. For the Targets you can calculate the thickness of symmetrical pattern as i have shown on chart above, and stop loss can be place at lower of breakout candle or near to lower band support line. Market Cap ₹ 2,74,385 Cr. Current Price ₹ 1,719 High / Low ₹ 1,742 / 1,419 Stock P/E 32.9 Book Value ₹ 378 Dividend Yield 0.06 % ROCE 11.7 % ROE 15.3 % Face Value ₹ 1.00 Industry PE 23.6 Debt ₹ 2,88,933 Cr. EPS ₹ 52.3 Promoter holding 60.6 % Intrinsic Value ₹ 902 Pledged percentage 0.01 % EVEBITDA 12.8 Change in Prom Hold -0.04 % Profit Var 5Yrs 20.4 % Sales growth 5Years 21.0 % Return over 5years 19.8 % Debt to equity 4.79 Net profit ₹ 16,095 Cr. ROE 5Yr 13.8 % Profit growth 18.3 % Earnings yield 7.66 % 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.
NSE:BAJAJFINSVLong
by TraderRahulPal
5
This stock Can give you more than 400% Returns in next 2-3 YearsHello everyone, i hope you all will be doing good in your Trading and in your life as well. I have brought an Investment Stock, where you can park some money to grow in long term. In actually in stock market most of people they have made huge money by investing in Good stocks only. So this is kind of long term investing stock. This stock has good management. Indus Towers Limited is engaged in the business of object of, inter-alia, setting up, operating and maintaining wireless communication towers. The Company has a tower market share of 33% and tenancy market share of 42% which makes it leader in the telecom tower industry in India. The Long term growth story just has started because this qtr we have seen good result from Indus Tower, and this can be continue in future. So invest and forget and make money by just doing small investment. Market Cap ₹ 61,970 Cr. Current Price ₹ 230 High / Low ₹ 236 / 135 Stock P/E 11.1 Book Value ₹ 87.9 Dividend Yield 0.00 % ROCE 11.3 % ROE 9.71 % Face Value ₹ 10.0 Industry PE 39.1 Debt ₹ 20,704 Cr. EPS ₹ 20.7 Promoter holding 69.0 % Intrinsic Value ₹ 190 Pledged percentage 30.5 %(Negative) EVEBITDA 5.78 Change in Prom Hold 0.00 % Profit Var 5Yrs -3.97 % Sales growth 5Years 33.8 % Return over 5years -3.84 % Debt to equity 0.87 Net profit ₹ 5,582 Cr.(Excellent) ROE 5Yr 20.2 % Profit growth 104 %(Good) KEY POINTS Leadership Position The Co. has a tower market share of 33% and tenancy market share of 42% which makes it leader in the telecom tower industry in India. Pan-India Presence As on March 31, 2022 the company’s net tower portfolio stood at 185,447 and net co-locations grew to 335,791. The closing sharing factor stood at 1.81 times per tower. It is the first tower company to have a presence across all the 22 telecommunication circles. High Customer Concentration The company's customers are Bharti Airtel, Vodafone Idea, Reliance Jio and BSNL. The consolidation in the telecom industry has resulted in the exit of some players. The tenancy ratio for the company remains steady at 1.8 times Pre-Merger Details The company (Bharti Infratel) held 42% stake in Indus Towers Ltd before it merged with it. It had an economic interest in ~97,000 towers before the merger. Merger with Indus Towers Bharti Infratel merged with Indus Towers on 19th November 2020. As per the scheme, the company issued ~76 crore equity shares to the various entities of Vodafone Group and ~8.7 crore equity shares to P5 Asia Holding Investments Ltd aggregating to 28% and 3% respectively in the post-issue share capital of the company. The equity capital of the company increased from ₹1850 crores to 2695 crores post the merger Vodafone Idea Ltd received cash consideration of ~3,760 crores for its 11.15% stake in Indus Towers as it was elected/ decided by the same. The name of the company was changed to Indus Towers Limited as per the scheme of amalgamation. Change in Shareholding Pattern Vodafone Plc sold 7.1% of its stake in Indus Towers for a total consideration of ~Rs. 3,831 Crores. Out of this, 4.7% was acquired by Bharti Airtel for a consideration of Rs. 2,388 Crores while the remaining 2.4% was sold to other investors. As a result of these transactions, Vodafone Plc’s holding has decreased from ~28% to 21%, and Bharti Airtel’s holding has increased from ~42% to ~46%. Focus The Co. will focus on diversifying into new areas like FTTH (Fiber To The Home), Active Maintenance, and Fiber Maintenance. 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.
NSE:INDUSTOWERLong
by TraderRahulPal
3