LATENT VIEW ANALYTICS - A Potential Multibagger!1. Formed the bottom.
2. Price structure is bullish.
3. Multiple confluences.
4. Bouncing from Monthly & Weekly demand.
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Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
Latentviewanalytics
LatentView looking good for target 750Latent View Analytics Ltd provides analytics services such as data and analytics consulting, business analytics & insights, advanced predictive analytics, data engineering, and digital solutions.
IT sectors may've revenue shortage but margins are stable as per news.
LATENTVIEW : Breakout Stock#LATENTVIEW #breakoutstock #patterntrading #swingtrade #roundingbottom
LATENTVIEW : Weekly (1-3 months)
>> Breakout Stock
>> Rounding Bottom formation
>> Good Strength & Decent Volumes
>> Risk Reward Favorable
Swing Traders can lock 10% profit & keep trailing
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Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
LATENTVIEW - THE ART OF WYCKOFF ACCUMULATIONLATENTVIEW is being accumulated by institutions, I have already explained the Wyckoff Accumulation in my previous posts. You can refer my 63MOONS post to study in detail.
I have initiated my position @ 383. MY stoploss is 340
*DISCLAIMER*
This analysis is only for educational purpose. I am not a SEBI Registered Analyst/Advisor. Please consult your financial advisor before taking any position and please use a Stop Loss for any Investments/Trading Positions. It is your hard earned money so give risk management your highest attention. Do take this disclaimer seriously.
Latent view Analytics Ltd - upward trend #Latentview
CMP : 468
Date : 24/11/23
An analytics service provider company with improving fundamentals.A zero promoter pledge company with almost nil debt. Revenue and profit increasing QoQ. Stock is now at its 52 week high with significant volumes. Technically looking good 30-50%, upward movement.. Stop loss at 420 - 440 levels.
Disclaimer : Post only for educational purpose. Not a buying / selling recommendation. This is only my personal view. I am not a SEBI registered analyst . Do your own analysis and act accordingly .
Latent view can be a potent multibagger!Latent view was one of the highest rated stock during its IPO listing which had got 300x subscription. The overhyped IPO market of 2021 has trapped many investors in multiple stocks including Latent view.
However, we can see some positive bounce in the stock from the demand zone of 310-320 after a major consolidation near the same.
A short term trendline breakout is also visible. The stock can be added on dips at 355, 344 with a SL of below 310 WCB for minimum target of 430.
My observation of the stock is that The consolidation structure is similar to Happiest minds which has given multibagger returns after consolidation breakout. Can we see the same in this stock? only time can tell!
Idea is shared for educational purposes only and should not be considered as a recommendation.
LATENT VIEW WEEKLY ANALYSIS LONG TERMEarly signs of trend change on weekly chart in LATENT VIEW LTD, Make positions when you see strength in lower time frames (1H, 4H). Add positions in the range of 350-360. Stop loss at 345, Target1 in the range of 400-425, Add more if weekly price holds at TG1 for TG2. OR JUST USE 20 EMA FOR TRAILING.
Latent View Analytics- Possible selling exhaustion
- Forming the accumulation schematic
- Strong fundamentals
- Potential multi-bagger
Seems like a good time to start accumulating with a long-term perspective. Thoughts?
Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.
Latent View Analytics Ltd Latent View Analytics Ltd provides analytics services such as data and analytics consulting, business analytics & insights, advanced predictive analytics, data engineering, and digital solutions. The company provides services to blue-chip companies in Technology, BFSI, CPG & Retail, Industrials, and other industry domain
PROS
Company has reduced debt.
Company is almost debt free.
CONS
Stock is trading at 7.45 times its book
Though the company is reporting repeated profits, it is not paying out dividend
Earnings include an other income of Rs.49.7 Cr
Note ;- Wait for entry Level