Swing Trade Idea in Murugappa Group stock | 30% upside possible.Hello Everyone, i hope you all will be doing good in your life and your trading as well. Today i have brought a stock name is Cholamandalam investment and finance ltd, which is belong from Murugappa Group, a prominent Chennai-based conglomerate founded in 1900. It is one of the premier diversified non-banking finance companies in India, engaged in providing vehicle finance, home loans and Loan against property.
Stock has almost taken support from important support zone, i feel this should fly now towards 1500+ levels within 1-3 months timeframe. I have positive view in banking and non banking finance company atleast for near term, chart is really looking good from here, so there is higher probability that we are gonna to see good momentum in it. For short term i have written all the levels on chart you can follow. Stock is really good for long term as well and it is giving good entry levels as well on discounted price. So if anybody wants to decide and go for long term investing can go from here...
Fundamentals:-
Market Cap
₹ 1,01,590 Cr.
Current Price
₹ 1,208
High / Low
₹ 1,652 / 1,011
Stock P/E
26.4
Book Value
₹ 255
Dividend Yield
0.17 %
ROCE
10.4 %
ROE
20.2 %
Face Value
₹ 2.00
Industry PE
23.1
Debt
₹ 1,57,943 Cr.
EPS
₹ 45.9
Promoter holding
50.2 %
Intrinsic Value
₹ 700
Pledged percentage
0.00 %
EVEBITDA
15.4
Change in Prom Hold
-0.09 %
Profit Var 5Yrs
23.4 %
Sales growth 5Years
21.9 %
Return over 5years
31.2 %
Debt to equity
7.38
Net profit
₹ 3,852 Cr.
ROE 5Yr
19.0 %
Profit growth
27.4 %
Earnings yield
6.40 %
PEG Ratio
1.13
Pros:-
Company is expected to give good quarter
Company has delivered good profit growth of 23.4% CAGR over last 5 years
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.
Longterminvestingstock
Neat & Clean Breakout seen after 7 Years in Gulf Oil Lubricants.Hello Everyone i hope you all will be doing good in your Trading and your life as well. I have brought a stock which has given a long consolidation period breakout with huge volume spike on chart. Stock name is Gulf Oil Lubricants Ltd , and it is engaged in the business of manufacturing, marketing and trading of automotive and non-automotive lubricants. It is among the top three lubricant companies in India among private players.
Distribution Network
The company's distribution network is spread across 80,000+ touchpoints, 300+ auto distributors, ~1,000 Gulf rural stockists, ~70 Industrial distributors, ~7,600 Gulf bike stops, ~2,600 Gulf car stops, 30+ Depots, ~12,500 Retail touchpoints for Battery and ~430 Battery service points. It has 500+ B2B Customers and 750+ infra-mining fleet customers.
Market Position
The Co is the second biggest brand in India and among the top 3 players among private sector players in the Indian Lubricant industry. It also commands a Top 5 share in the 2-wheeler battery replacement segment.
Technical Terms
Stock is Trading Above 200-DEMA
MACD is giving Bullish crossover (Note:- I have not placed on chart but i have done analysis)
Good Volume spike seen on Breakout.
This is one of the best stock to hold for long term. Company has been maintaining a healthy dividend payout of 40.7%. Company's working capital requirements have reduced from 68.7 days to 54.6 days. Short term to Medium Term Targets i have already Placed on chart. In long Term stock has potential to give more than 1000% returns if someone hold this 8-10 years from here.
Market Cap
₹ 6,081 Cr.
Current Price
₹ 1,236
High / Low
₹ 1,349 / 521
Stock P/E
18.6
Book Value
₹ 263
Dividend Yield
2.91 %
ROCE
27.4 %
ROE
24.9 %
Face Value
₹ 2.00
Industry PE
41.9
Debt
₹ 358 Cr.
EPS
₹ 66.7
Promoter holding
71.8 %
Intrinsic Value
₹ 897
Pledged percentage
0.00 %
EVEBITDA
11.2
Change in Prom Hold
-0.04 %
Profit Var 5Yrs
11.6 %
Sales growth 5Years
14.0 %
Return over 5years
8.02 %
Debt to equity
0.28
Net profit
₹ 328 Cr.
ROE 5Yr
24.0 %
Profit growth
33.7 %
Earnings yield
8.12 %
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.
Bullish Triangle Pattern Breakout seen in Construction CompanyHello Everyone, i hope you all will be doing good in your trading and your life as well. Today i have brought another stock which has given breakout of Bullish Triangle Pattern with good weekly volume on chart. Stock really have given good move after breakout, but wait for best entry in case stock gives some lower momentum in between (300-325). Aggressive players can take entry from here too and accumulate more if you see lower levels in it.. Stock is good for short term to long term as well. This is kind of invest and forget type stock.
Technicals:-
stock is trading above 200-DEMA.
stock has given bullish crossover in MACD and RSI indicator.
stock has given breakout of Triangle pattern with good volume.
Everything suggesting a bullish momentum in this stock.
NOTE:- I have not put MACD & RSI indicators on chart, but i have done my analysis on these written indicators above.
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.
Multi Year Breakout in Govt. Undertaking Tourism Sector StockHello Guy's, i hope you all will be doing good in your life and your trading as well. I have brought another good stock, which has given Multi year breakout on weekly time frame with huge volume spike on weekly timeframe. This stock has shown very aggressive move in last few trading session. Stock has been double in very short of timeframe. Just 2 months ago on 28th of november stock was trading at 407, since then it has come at 839. More than 100% returns in just last 2 months. Now a days government undertaking stocks is in limelight, Government policies also supporting the stock a lot. It seems the rally should continue from here too, but off course do not expect same momentum, which we have already seen in last 2 months.
Technically and fundamentally stock is good to go long and add more if you see some more downlevels from here. I will suggest to add this gem for long term and do SIP in it.
MACD has given bullish crossover.
PRICE is above 200-DEMA.
Stock has given all time high breakout and sustaining above to that levels.
Weekly volume spike in stock is also supporting the breakout.
NOTE:- (I have not placed any Indicators on chart, but i have done my analysis with all)
All these parameters suggesting positiveness in this Tourism & Hotel sector stock.
About Company:-
India Tourism Development Corporation Ltd is a Govt. of India undertaking and was established in October 1966, the company is running hotels, restaurants, providing transport facilities, engaged in production, distribution and sale of tourist publicity literature and providing entertainment and duty free shopping facilities to tourists. It has also diversified into consultancy, tourism, engineering projects, training/education in the tourism and hospitality sectors and event management.
Market Cap
₹ 7,186 Cr.
Current Price
₹ 839
High / Low
₹ 840 / 276
Stock P/E
97.8 (High PE Negative)
Book Value
₹ 41.9 (Negative)
Dividend Yield
0.26 %
ROCE (Positive)
28.0 %
ROE
18.6 % (Good)
Face Value
₹ 10.0
Industry PE
41.0
Debt
₹ 0.63 Cr. (Good)
EPS
₹ 8.54
Promoter holding
87.0 %
Intrinsic Value
₹ 53.5 (Negative)
Pledged percentage
0.00 % (Positive)
EVEBITDA
62.3
Change in Prom Hold
0.00 %
Profit Var 5Yrs
163 %
Sales growth 5Years
6.04 %
Return over 5years
24.2 %
Debt to equity
0.00
Net profit
₹ 73.2 Cr.
ROE 5Yr
4.23 %
Profit growth
193 % (Very Attractive)
PROS:-
Company is almost debt free.
Company is expected to give good quarter
Company has delivered good profit growth of 163% CAGR over last 5 years
Debtor days have improved from 95.2 to 61.7 days.
CONS:-
Stock is trading at 20.0 times its book value
The company has delivered a poor sales growth of 6.04% over past five years.
Company has a low return on equity of 2.84% over last 3 years.
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.
Century Plyboards (India) Ltdif your vision is for long term or for swing also you can buy this share because as shown in charts. buy this share. on 26 th of december becuase as shown in charts this share. start upward journey after 1 weeks . so you can go with share for quick profit , and hence quick loss , ha ha ha ha ha ha ha ha ha ha ha ha ha
This share is for long term and short term also .
For long term:-you can add postition in it when this share comes across the 750 to 790 zone. target and stop loss is totally depend on your profit and loss taking ability (Mentioned share , sector do very very good in future ) so for long term hold , hold hassle free........
For short term(swing trader):-You can add this share tommorow also there is no problem but if you want to play safe than make entry make on 26 DEC. 2023 and stop loss is around 790. this share is for quick return so please make proper quantity for that.
if you earn good return is swing so please do comment
IF YOU THINK I AM DOING GOOD WORK THAN YOU CAN FOLLOW ME ....
DISCLAIMER:-I am not responsible for any profit or loss or whatever ..trade i mentioned below and above . only you are resposible for that i am not SEBI REGISTERED consult your financial advisor before taking entry in any share. only you respobile for your loss and profit also...
THANKS...
See you in profit days ...
Rocket has been launched after Breakout of PG Electroplast Ltd.PG Electroplast Limited is the flagship company of the PG Group, and is one of the leading players in India in Electronics Manufacturing Services. It is a diversified EMS providing OEM and ODM solutions for complete product and component manufacturing.
Market Cap
₹ 3,759 Cr.
Current Price
₹ 1,653
High / Low
₹ 1,716 / 821
Stock P/E
39.6
Book Value
₹ 174
Dividend Yield
0.00 %
ROCE
17.3 %
ROE
21.9 %
Face Value
₹ 10.0
Debt
₹ 577 Cr.
EPS
₹ 41.9
PEG Ratio
Promoter holding
61.2 %
Intrinsic Value
₹ 999
Pledged percentage
0.00 %
EVEBITDA
20.5
Guy's we have seen neat and clean Falling Trendline Breakout in PG Electroplast. Now this can become Rocket as buyers going to enter here to ride the rally. This Breakout getting support of Volumes. Volumes is an important indicator that can often confirm whether a Stock has given a valid Breakout or a false Breakout from a support or resistance trendline. A valid or genuine Breakout occurs on high volumes while a false breakout occurs on low Volume. Hence in case of a Breakout, it is a very important to look at Volumes.
Some Positive Technical Factor about this Ticker:-
Price is above 200 EMA
We have seen Proper Falling Trendline breakout
with Good Volume
Price is sustaining above breakout trendline
MACD and RSI has given bullish crossover (I have not placed RSI here as i want chart neat and clean but i have analysed already)
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.