GODREJPROP, buy the dip? Realty sector expected to boom.Hello traders,
this is another stock which is at dip, and has great potential for upmove in the long run, is it the right time to buy the dip? Let us look onto the fundamental analysis of GODREJPROP.
Do note that although I haven't mentioned most of the information, but a short note so that you can check out important points and it will take less time :)
realty sector is expected to boom as finance minister is thinking to give budget boost to realty sector.
godrejprop is one of the best stocks in realty sector with a market cap of 33,358 cr, and is now at long term support.
A short description about the company:
Godrej Properties Limited (GPL) is the real estate development arm of the Godrej Group, which was started in 1897 and is today one of India’s most successful conglomerates. Godrej Properties brings the Godrej Group philosophy of innovation, sustainability, and excellence to the real estate industry.
If you look at the consolidated financial statements of the company over the last 5 years:
Over the last 5 years, revenue has grown at a yearly rate of 8.33%, vs industry avg of 1.51%
Over the last 5 years, market share increased from 3.09% to 4.14%
Over the last 5 years, net income has grown at a yearly rate of 11.25%, vs industry avg of 10.31%
Over the last 5 years, Industry current ratio has been 146.22%, vs industry avg of 133.65%
the company also has a higher EPS (Earnings Per Share) indicating a high profitability.
Expected earnings growth of 90.98% for next year is more than last 3 year CAGR earnings growth of 3.73%
The Co. focuses on creating a healthy project pipeline. While continuing its focus on the four key markets of Mumbai, National Capital Region, Bengaluru and Pune, the company is now also looking to enter peripheral markets and tier 2 cities through plotted developments.
Also, The company has the lowest bank funding cost of 5.95% p.a. in the sector due to its robust financial position and the goodwill of the company for being a part of Godrej Group.
Pros of the company at current scenario:
* Company is expected to give good quarterly results.
* Debtor days have been improved from 74.2 to 38.3 days.
this is the latest News about godrejprop :
Godrej properties has sold over 1 million square feet of area at the launch of a new project, Celeste, in its township, Godrej Garden City, in Ahmedabad.
The company has sold 870 homes with a booking value of approximately Rs 435 crore since the project was launched in October, last year, it said in a statement.
The project covers nearly 2.3 hectares and includes 8 towers which offer homes and retail outlets of various configurations. It also has a wide range of state-of-the-art amenities covering social, health, and leisure requirements across age groups.
If you look at the charts, the stock is at a 4 year old long term support zone, and it expected to give reversal. also the stock is near 52 week lows.
Given below are the links of my ideas of my other long term picks that are recently posted. Do check it out :)
Market has crashed so few of our stocks have corrected from our entry prices. Don't worry, these companies are fundamentally good and therefore we can keep accumulating on dips.
As always, simple and neat charts so everyone can understand and not make it too complicated.
Will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Aniket.
keep learning and keep earning.
LONG
INDUSD(Nifty50) is at supply zonehello everyone! Its the end of year and here we are at a major supply zone. market is moving in a clear 3 wave motion. this could be an ending diagonal (final 5th wave in Indian market history which can lead to huge correction) or a leading diagonal of 5th wave. lets wait for the market makers to decide their long term move. But for time being lets focus on short term view which is being projected to 19400. wait for a reversal to enter, if you are an aggressive trader. conservative traders can wait for A and B wave to complete before entry.
Nifty Buying at Demand areaAggressive entry model because we will enter without confirmation.
pros: Small Stop loss and High reward
Cons: Does not need to respect the demand area and it may break it
Managing the trade:
If the trade goes in our way
*Exit half Quantity @1:1 Risk/Reward Target and Shift to SL to cost
*Exit Half of the remaining with 1:1.5 or 1:2 Risk/Reward (by looking at momentum) and trail the SL.
*Exit remaining with trailing Stop loss.
*SECURING THE TRADE AND PROTECTING THE CAPITAL SHOULD BE YOUR FIRST PRIORITY.
*NOT A SUGGESTION VIEWS ARE FOR EDUCATIONAL PURPOSES
***If you like my analysis let me know by giving boost or a comment.
I will be updating.
Tata Steel: Showing signs of strengthTata Steel
In my previous take I had suggested a Call short position given the set up at that time being bearish. That strategy played out well...
Now the stock is at same level, however, In the current set up,
- the stock is trading above 21 day EMA and 63 day EMA
- the stock has tested the time and so far is managing to stay above the May 2022 low
The stock is showing signs of strength.
- Once above 252 day EMA which is currently around 107, the stock can potentially move towards 113 / 118 / 122 (Time looks ripe for the stock to retest the red line of Resistance
Pattern gets invalidated if closing below the green line on weekly closing basis or for 3 consecutive days.
Take care & safe trading..!!!
Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
Nifty 50 (After-20/12/2022)Analysis After 20th Dec 2022 Closing
Wave Count -
Nifty is in (5)th of 5th of IV Wave , means one more bullish movement is expected.
Also, strong supports are just below close of 20th Dec 2022.
1. 38% Retracement of 3rd Wave in Small Cycle. (Orange)
2. Previous High support is just below 38% support.
Divergence - Bullish Divergence in 1 Hour time chart in MACD & RSI both.
View- Currently, Bullish from this point until 18100 level is not breach in Daily Timeframe.
Uptrend Continues in MAS
Good Day,
Hello Traders,
See how beautifully it is following Fibonacci Levels as the rounding bottom is completed
Now the next targets lined up are 909/ 971 / 1048 / 1188
Time Frame: Daily
Hold for 8 to 12 months.
It also depends how market behaves, however the trend and the sentiment is
bullish .
Chart Self Explantory.
Disclaimer : I am not SEBI registered analyst, this is for educational purposes.
Please trade as per your risk and do consult with your financial advisor before taking any
trading decisions..
If you really like the analysis , please do comments, LIKE and Follow me.
Nifty: December monthly Expiry view Nifty
- Nifty has had a nice pullback from the lows of 17780 odd levels this week
- today it respected 50 day EMA at 18164 odd levels
- Will the pullback continue or will it stop???
Let's look at Futures and Options data
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F&O Data analysis
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Futures Data
- Retail participants booked profits / exited 4.4 K Long Contracts & added 7.67 K Short contracts
- FIIs added merely 580 Long Contracts and exited from 2.80 K Short Contracts
- Pro traders added 5.32 K Long contracts and exited from 1.09 K Short contracts
Call Option
- Retail participants added 5.93 Lakhs Call Long Contracts & added 4.82 Lakh Call Short contracts
- FIIs added 2 K Call Long Contracts and added only 778 Call Short Contracts
- Pro traders added 92.56 K Call Long contracts and added 2.04 Lakh Call Short contracts
Put Option
- Retail participants added 3.85 Lakh Put Long Contracts & added 3.80 Lakh Put Short contracts
- FIIs added 5.43 K Put Long Contracts and added 11.85 K Short Contracts
- Pro traders added 70.15 K Put Long contracts and added 88.14 K Put Short contracts
Put Call ratio is at 1.13 (Neutral zone)
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What we make from the data reading...
Retail traders have been exiting from Long position since last 3 days.
FIIs are in holiday mood ( not trading actively in F&O)
Pro traders have been exiting from short positions in Futures in last 3 days and have added Long position in Futures today. They have used Options to hedge their position.
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Conclusion and important levels for the day
As I am writing, our Dow baba (Dow Jones) is down 300 points, but based on Nifty Chart set up and F&O data, prima facie I'm not expecting a big down fall.
The battle is our space in between Pro traders and retail traders.
My closing figure for Nifty expiry day
On the lower side 18048 / 18033 / 18011
On the upper side 18155 / 18181 / 18233
With tomorrow being expiry day, pls understand Markets are dynamic and data changes every moment. This view can change during market hours and I may or may not be able to update the same. Trading Options on expiry day require more skills, more study and then there is luck that may favor you :-).
Pls do your research and follow risk management. Read the disclaimer carefully.
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Do let me know if you find the analysis and insights helpful.
Like and Follow for more ideas like these...!!!
Take care & safe trading...!!!
Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- I have been wrong in the past and can be wrong again in future too
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
Man on the shoulders of giantsIsaac Newton, who turned people's view of the world upside down, once said: "If I have seen further than others, it is by standing on the shoulders of giants". And indeed, each of us has a chance to discover something new for ourselves and others by drawing on the wisdom of our predecessors. I want to say a big thank you to Benjamin Graham, David Dodd, Warren Buffett and Peter Lynch, who openly shared their ideas with the world and inspired more than one private investor in their first investments.
I'm sure Mohnish Pabrai will join me in saying the same. Born in Mumbai, an engineer by training, he had no interest in the subject of stock investing until he was 30 years old. But by chance, after reading a book by Peter Lynch, he began to study the subject more deeply. Centimeter by centimeter he climbed the shoulders of the giants of value investing to see hitherto unknown horizons. He is now known as a successful investor, author of books on investing, and creator of incredibly kind philanthropic initiatives.
Listening to Mohnish Pabrai's lectures, I noted his ideas, which in many ways coincide with my own. I am happy to share them with you:
1. The market is always concerned about what will happen to the company in the future, so it cannot be 100% efficient (*).
(*) Let me remind you that according to "efficient market" theory, a company's current price reflects its "fair value" because any publicly known information instantly affects the price. Thus, an investor is unlikely to make a profit on any information, such as a company's strong financial statements, because the market has already reflected the event. However, this theory does not take into account the future, which we all think about every day and act in the present, including the market, based on those thoughts. For example, someone may think that a company's future is murky because of the news that has come out. This concern will be picked up by the crowd, and the stock will go down. Or on the contrary, the success of the company may be perceived as over-optimistic, and a real stir will start around the stock. No one knows the future, but thinking about it affects the present. For this reason, the current price of the company may not reflect its fair value, contrary to the "efficient market" theory.
2. Continuing with the first thought, the waves of pessimism and optimism will always be present in the market. They distort a company's value so much that they give us private investors a chance to buy and sell a company's stock profitably.
3. The more time you spend analyzing a company, the more you "fall in love" with it. Try to grasp this idea. After all, by spending a lot of time studying something, such as a company's excellent financial statements, we set ourselves up for what it must pay off as a profitable investment. Remember: the market doesn't owe you anything.
4. Often the decision to invest in a company can be made based on just a few surprising figures. For example, if the value of a company is equal to 50% of the amount of cash in its checking account. Mohnish Pabrai said that Warren Buffett used a reference book with the statements of thousands of companies, not to spend months studying each of them, but to find something that would really surprise him.
5. Mohnish Pabrai admitted that he has never once played the short and has no intention of doing so for the rest of his life. His math is really simple. If you play the short by selling a stock at $100, your maximum earnings are capped at $100 (which will happen when the stock drops to zero). Whereas a buyer of a $100 stock has a chance to sell it at both $1,000 and $2,000. There is no upside restriction by its very nature.
6. And the thought I want to conclude this post with is don't look for people to hand you a treasure on a platter. Looking for treasure is much more interesting! It's about not trying to replicate someone else's trades or portfolio positions. Try to make your own decisions. Try to see your horizon.
The unwavering shoulders of giants will help you in all of this.