In this video, I share my basis for buying the shares of HDFC AMC at 2882 today morning after it fell from 6%.
If you recall, yesterday, I had shared a video why should one invest in AMC of Fund Houses rather than their MF schemes and today is a classoc example of why one should invest in its equity.
I hope you like this video which is for Information &...
Tatva Chintan Pharma- Recent IPO - CMP 2250- Mcap 4989 Cr
There is no Margin of Safety Currently in Valuations if i look it as a Long Term bet.
However- Currently China Factor is Keeping Speciality Chemical Companies Afloat and Bouyant. As long as sentiments are good, Valuations can go Crazy.
Speciality Chemicals can be a good Theme to Trade.
Stovekraft price has seen a sharp rise from 783 to 1018 level and consolidated in a zone until recently.
The price has broken out the range with high volumes and took a pullback and rose today.
If the price manages to stay above 1068, the pullback will be a success, you can go long.
The stoploss and target levels are mentioned on the chart.
WHY SHOULD YOU INVEST IN THE UPCOMING IPO OF ADITYA BIRLA SUN LIFE AMC IPO ?
HDFC AMC IPO Details
IPO Opening Date
Jul 25, 2018
IPO Closing Date
Jul 27, 2018
Book Built Issue IPO
₹5 per equity share
₹1095 to ₹1100 per equity share
Min Order Quantity
HDFC AMC lists at 58% premium over issue...
Krsnaa diagnostics price needs to sustain 862 to prevent further breakdown.
If price action shows us any signs of bottoming at this level, buy.
if the price somehow reaches the demand zone created by the ABCD patterns, then buy the stock.
The targets are mentioned on the chart with the help of the XABCD bat pattern.
The stop loss will be as per your risk...
NIFTY 50 EOD ANALYSIS -08-09-21
O / H / L / C
17375.75 / 17383.4 / 17254.20 / 17353.5
H-L = 149 points
VIX 14.41 / -3.29%
FII DII: -802 Crores
Likely open: BANK NIFTY holds the key. Based on the numbers looks a flat to a positive open.
CHART BASED CONCLUSIONS
NIFTY played negative today and did not even bother to go past the opening high made...
► Aditya Birla Capital had seen a weekly breakout in mid-February
► After breakout, stock is consolidating, forming a triangular pattern
► Entry can be taken on break of triangular pattern or pullback to the triangle
► Based on news of SEBI clearing draft red herring prospectus for Aditya Birla Sun Life AMC, there might be a gap up opening on Monday breaking out...
For the purposes of writing this series, I have assumed that the reader is not having a large capital base as, given the current scenario, an average person would find it hard to release funds that can be used for trading / Investing.
Tax definition of Trading & Investing
In a very simple manner, the key difference between Trading and Investing can be explained...
Heranba Industries Ltd had formed good base from IPO lows.
VCP / C&H pattern indicates good accumulation by institutional players, & weak hands moving out of stock.
Had earlier formed a low cheat entry near 740 levels.
Stock is near Pivot point levels of 823 levels. Good move expected on close ab 823 levels on weekly basis.
Stock can be a potential Multibagger...
1. It is following the General IPO pattern and also below trend reversal patterns giving extra support for going long.
2. Invert HS pattern
3. Morning star pattern formation
4. Good RR
Note: : This is only for educational purposes and do your analysis before investing.
Swing TrAdE options:
After Box Break-Out now forming Descending Triangle Pattern, Depends on the break-Out stock moves further.
Current Price- 595
P/E- 23.8 (less among competitors)
Short time target: 650, 690
Med Time target: 730(Pole Extension)
Company has reduced debt.
Company has delivered good profit growth of 30.97% CAGR over last 5 years