#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalBALRAMPUR CHINI
Recent news favorable for Sugar Indus....
Balrampur Chini Mills down by only -0.07% v/s NIFTY 50 down by -7.85% in last 1 month
At CMP one can be enter or safe entry will be above 450 levels
SL will be 425 levels on a Closing basis for a target of 420/500 levls minimum.
Note:
Above levels for Education purposes only
Do your own analysis before taking any trade.
Longterm
RCF - Mid/ Long Term BuyRCF seems fundamentally strong - again its in chemical sector.
Also presently showing a good consolidation.
High potential to give a strong breakout and continue in that direction.
Keeping an SL below 67 Rs, I have started to build my portfolio in this stock. I have already bought about 40% of my fund allocated for this stock. Currently my buy avg is 82. Will add more if and when its coming down.
I will exit at a tgt about 40% up, but I am seeing it to reach a potential of 165-85 Rs.
Let's see.:).
Usual Disclaimer: These are just my views, I am only SHARING my views - kindly do NOT trade blindly with these levels, please do your own research before entering/ or as per advice from your own financial adviser.
This is for a mid to long term investment only, its not a positional or an intraday trade
TTK Prestige trading at Demand ZoneNSE:TTKPRESTIG
TTK Prestige is among the leading brands in the kitchen equipment space, especially in the pressure cooker segment. It is the No. 1 Brand in Pressure cookers, No. 1 Brand in Cookware, No. 1 Brand in Value-added Gas Stoves, No. 1 Brand in Induction Cooktops, India’s only company to offer the complete Induction Cooking solution and it is the No 1 Brand in Rice Cookers.
Fundamentals: -
1. The product profile is diversified, with 31% of the revenue coming from pressure cookers, 15% from cookware, 14% from gas stoves, 12% from mixer-grinders, and the remainder from other kitchen and home appliances and cleaning solutions. 98% of the revenue comes from domestic sales.
2. Distribution Network
The company has more than 545 Prestige Xclusive stores in over 305 cities. 24 Regional Sales Centre and 350+ Authorized Service Centre. The number of outlets as of FY20 was 588. The network now covers 26 States and 345 Towns. The company during FY20 opened two Prestige Lifestyle Stores in Bengaluru.
3. New launch
The company launched an innovative and revolutionary range of Pressure Cookers under the Svachh platform during the second half of FY 20. The company is progressing on a new category of Cleaning Solutions. The operating subsidiary Horwood Homewares Limited introduced new products and a new category SMIDGE range. The Company launched 146 SKUs in FY20 and is geared to launch 100 new SKUs in the market during FY 20-21. TTK Prestige Limited is launching a new category - Stainless Steel Casseroles in two versions viz. Royale and Prime. Totally 7 SKUs of different sizes are being offered at the launch stage.
4. Capex
As per Long-Range Plan intend to do ₹ 200 Cr Capex over three years, the Company has spent about ₹70 Cr in FY20.
5. It is trading at a PE multiple of 36, less than 10year average PE of 42.
6. Average ROE for the last 3 and 5 years more than 15.
7. TTM Sales growth at 31% and TTM Profit growth at 88%.
8. Debt to equity at 0.06 (less than 1 is good), Interest Coverage at 61.7 (greater than 3 is good), Current ratio at 2.96 (greater than 1.5 is good).
9. Dividend Yield of 0.64% (consistent dividend payer since 2006)
The stock is currently trading at a demand zone where 3 resistances and 1 support meet. If anyone consider it for buying, put only 3% of your capital right now, buy with another 3% if it falls another 40% and invest the rest 4% (don't invest more than 10% of your entire capital in one stock) when the share closes at a 52 week high.
HCL TECH BULLISHExpecting bullishness in #HCL_TECH in the short term untill it breaks and open & close candle formed below 1060 levels.At the same time Indian IT index took support around first level retracement area and its moving upside.Even though all looking good still Ukraine-Russia crisis hearing in our ears,so we should act according to global cues(Taking decision according to global cues is only for swing and short term trades).So as i always say whatever we do,must follow risk reward and money management.
For longterm its just a beauty to add on dips. Have a good trade.
Is LUX a good long term investment call right now?This post is not for traders who want to trade with stop loss. This is for long term investors who wants to buy fundamentally strong beaten down names at a good entry point.
NSE:LUXIND
Lux Industries Limited was incorporated in 1995 and has emerged as one of the largest players in the hosiery business having a market share of 14% of the organised industry. It is the largest mid-segment hosiery enterprise in India. The Company has more than 100 products across 16 brands to address the growing need of customers. Company’s products are available in ~4,50,000 retail points spread across India.
Why is it a good buy right now?
Average ROE (Return on Equity) for last 3, 5, 7 and 10 years is greater than 30%
5year CAGR (Compound annual growth rate) Sales and Profit at 16% and 40%
TTM (Trailing 12 months) Sales and Profit growth at 30% and 67%
Promoter Holding at 74% (greater than 45% is good)
Dividend Yield at 0.49% (consistent dividend payer)
Debt to equity at 0.12 (less than 1 is good), Interest Coverage at 51.5 (greater
than 3 is good), Current ratio at 2.78 (greater than 1.5 is good), FCF to CFO at 71%
(company won’t have to raise debt for expansion)
Debtor Days came down from 132 in 2018 to 85 in 2021
Current PE at 19.4 is much lesser than 10-year average PE of 31
It is currently trading at a long-term support point. If anyone consider it for buying, put only 3% of your capital right now, buy with another 3% if it falls another 40% and invest the rest 4% (don't invest more than 10% of your entire capital in one stock) when the share closes at a 52 week high.
Eicher Motor Taking Support At Gann AngleCan be a Good Buying , Need Some More confirmations as Candle Stick Patterns.
Taking Support at Gann Angle from Deep Crash & Its Top
Suggestion : Do Your own Study As Well .
Levels on chart for an idea .
Let's See
Disclaimer: These are my personal views and trade taken on these observation should be traded with strict Sl
Only for learning purpose
This is not an advisory call. I will Not be responsible for any kind of profit or loss
Do your own study & consult your FA before Investing ,
As Investing in Stock Market may injurious to wealth.
Wish You a Happy Trading
TCS Pre-emptive Cup and Handle Target 4600• Historically, 7 out of 10 years TCS has closed positively in the months April to Aug, Avg Monthly returns in these months are >3%
• Highest gains in term of % (~24% in April’18 | ~12% in May’17 | ~14% June’14 | ~20% Jul’13 | ~20% Aug’21) has also come in the same time frame
• Recent announcement of buy back at 4500/shares can support the momentum
• Currently the stock is in formation of Cup and Handle patter on weekly chart, which expected to complete the pattern by March’22, after consolidation of ~7 months
• Upward momentum is expected to pick up post Q4FY21 and stock is expected to rally till 4600+ levels in Q1FY22 to Q2FY22
One can pre-empt the handle formation of the pattern and enter in to long trade at CMP or on dips till 3625, for the target of 4600+ in next six months.
If stock closes below 3600 on weekly basis, the view will get negated.
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Disclaimer :
-Please conduct your thorough research/analysis before doing the trade
-Idea shared is only for educational purpose
-Please trade on your own risk
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Accumulate Indiabulls Housing Finance 1.Symmetrical Triangle support
2.Parellel Channel support
3.RSI looking good
4.MACD above signal line
5.Making higher highs higher lows
Buy near - 205-210
Targets - 230,245,260,280
Keep SL near - 180 (Static)
Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that you don't miss any good trades that might have been rewarding.
Any comments and critiques will be appreciated even if it's of opposite view as a trader can also be right so many times.
AU Bank - Inverted head and shoulder pattern - BullishAU bank is forming a H and S pattern on hourly chart with positive MACD and RSI.
Short term trend is positive. We can see 1350 - 1355 levels in short term.
All the levels are marked on the chart.
Disclaimer: All the levels are for educational purpose.
DOUBLE TOP IN BTCUSD ! IS THIS IS THE HIGH OF BTCUSDBTCUSD in the monthly chart showing the double top
and now the question is that. is this is an indication of btcusd to fall down or it will break the pattern and go higher from the past record or is it going to shift more downward which no one expected! it will be a great time if it falls to take a bearish trade! we have to wait for the confirmation to enter in trade !