Get started

Longterminvesting

Solid Breakout in Tech Mahindra after a long Accumulation PhaseHello Traders and Investors, i hope you all will be doing good. I have brought an analysis on Tech Mahindra, i hope it will be beneficial to you guy's, So let's start:- As we have seen a Neat and Clean solid Breakout of Tech Mahindra stock after a long Accumulation Phase. Do you guy's know What is an Accumulation Phase? Okay i will write what i know about it. Notable Characteristics of Accumulation Phase:- It shows that strength is building into security. The security starts trading in a well defined range, moving between the upper and the lower band of the consolidation. Market participants start becoming bullish on security in the accumulation phase. The Price starts moving in a range indicating that the price of the security is bottoming out. This phase indicates that a fight is happening between buyers and sellers and eventually, buyers take over sellers towards the end of this phase. So guy's i think this (Accumulation Phase) is clear now. So, Guy's same thing we have seen in Tech Mahindra stock also, earlier trend was Downtrend then Accumulation Phase, now as we have seen a breakout in it. So we can assume that now the trend will shift in uptrend. I have marked everything on chart like, Entry point, Targets and Stop loss. Please check chart for the levels. 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:TECHMLong
by TraderRahulPal
Low Risk Buying opportunity in Reliance Reliance has taken support and created a double bottom on charts so far. MACD also gonna to give bullish crossover very soon. I believe Reliance can do well in the medium term to long term, this can be a low risk entry point for buying this Gem. Start buying from these levels right now it is trading at 2242 take long position for target of 2800+ and keep a stop loss of 2175. Well this was a trading idea, but this is a best entry point to accumulate for long term, if you are taking position for long term then do not follow given stop loss because if india (Nifty50) has to rise then Reliance is gonna to participate their role like salt in food. Chances are high we will achieve target in coming months. My long term Target will be 3500+ from here. If anyone like my work please like, follow and comment. Thankyou:)
NSE:RELIANCELong
by TraderRahulPal
2
SPIC long term investmentMulti year breakout stock : SPIC 🚀 Stock has broken out of its resistance trendline connecting the highs during ipo of the stock in 1999 , pattern looks more of like a breakout retest in 12months time frame Fundamentals of the stock are also good : # Low debt co # Stock trading at a very low PE ratio of 4.5 # Constant growth year on year , boosting EPS # Promoter holding of 50% # Excellant cash flow , CFO/PAT of 2.3 # Reserves and Assets increasing 👉 Overall the stock is both fundamentally and technically very strong , looking very good to me for a multi bagger returns in long term , will be buying the stock on every dip as long as its trading above 50rs , no targets in the stock , upside is completly open
NSE:SPICLong
by sniper1290
Banco Products, Positional CallBanco Products has broken out to new highs, making it a good stock to consider for a long-term investment. The company currently has a dividend yield of 6.95%. Banco Products (India) Ltd manufactures and supplies engine cooling modules and systems for automotive and industrial applications. A recent articlkes says "The Global Automotive Heat Exchanger Market size was valued at USD 22 billion in 2021 and is expected to reach USD 39 billion in 2030 at a CAGR of 7% from 2021 to 2030."
NSE:BANCOINDIALong
by GOVEGETA
Falling trendline Breakout seen in Godrej Properties : Tgt 1900+About 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. Fundamental analysis:- Godrej Properties reported a four fold jump in sales booking to INR80b during FY17-22, driven by over 100msf of project additions. Godrej Properties market share expanded to 8% in CY22 from 2% in CY16 and it was one of the biggest beneficiaries of industry consolidation, with a strong visibility on consolidation, Godrej properties raised INR68b over FY19-21 but a large part of it remained undeployed until FY22. Technical Analysis:- Godrej properties Stock has given proper breakout of falling trendline. Stock has taken support previous multitimes support zone. Stock is almost trading at 50% Discount, this could be a best entry point for short term to long term. If anyone wants to go long can go with given levels on chart. Market Cap ₹ 34,302 Cr. Current Price ₹ 1,234 High / Low ₹ 1,705 / 1,005 Stock P/E 83.0 Book Value ₹ 316 Dividend Yield 0.00 % ROCE 4.83 % ROE 3.85 % Face Value ₹ 5.00 Debt ₹ 5,382 Cr. EPS ₹ 15.1 PEG Ratio 7.66 Promoter holding 58.5 % Intrinsic Value ₹ 195 Pledged percentage 0.00 % EVEBITDA 50.6 Note:- Please follow strict stop loss in it. If anyone likes my effort please do not forget to like, follow and comment. Thankyou:-))
NSE:GODREJPROPLong
by TraderRahulPal
1