D P Wires Ltd| Momentum Swing IdeaD P Wires Ltd is engaged in the manufacturing of Steel Wires, Plastic Products, Laying of Plastic Films, Acting as a Commission Agent and Generation of Power through Wind Mill
Financial:
Market Cap ₹ 830 Current Price ₹ 535S tock P/E 20.0
ROCE 32.0 % ROE 23.9 % Debt to equity 0.15
Promoter holding 74.8 % Quick ratio 2.42 Current ratio 2.82
Profit Var 3Yrs 35.2 % Sales growth 3Years 62.4 %
Piotroski score 7.00 Return on assets 18.3 %
This stock is in momentum as well as strong fundamental. keep in your watchlist.as well as unique business. This stock is based on Indian growth theme.
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Momentumstrategy
PIDILITIND Possible breakoutNSE:PIDILITIND
Possible break out on the daily chart.
Good above average volume on Friday. Good delivery of 1.7 times vis-a-vis 5 day average.
Price also moved 2.02% giving more confidence on the breakout.
However there is a psychological resistance at around 3000 levels.
We can wait for the stock to close above 3000 and then initiate a trade.
Relative strength showing positive
RSI positive
Supertrend indicating uptrend.
Momentum Swing Idea| ITC LtdITC Ltd
as you all know it stablished in 1910, ITC is the largest cigarette manufacturer and seller in the country. ITC operates in five business segments at present — FMCG Cigarettes, FMCG Others, Hotels, Paperboards, Paper and Packaging, and Agri Business.
Fundamental = strong
Market Cap ₹ 5,23,098 Cr. Current Price ₹ 419 Stock P/E 25.6
ROCE 39.0 % ROE 29.1 % Debt to equity 0.00
Promoter holding 0.00 % Quick ratio 1.73 Current ratio 2.73
Piotroski score 6.00 Profit Var 3Yrs 7.41 % Sales growth 3Years 12.8 %
Return on assets 23.8 %
This is purely technical analysis and perfect 21 day moving average support .Moreover company is in growing and stable phase .keep in radar .
monthly RSI above 55 and its seems to be reversal signals . if market in uptrend move than this stock will be in uncharted territory.
Note: I am not SEBI registered financial Adviser. I solely present my views on chart .I do not charge any kind of service. This is not buy sell recommendation.
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PVRINOX Going to Breakout, All details sharedI have been observing an increasing momentum in PVR INOX and Along with this increasing momentum PVR INOX has also closed above a crucial resistance on Thursday, breaking out of a range between 1350 and 1400. This stock has been in this range for a period of 1 month, therefore its breakout indicates a good rally. Defintely buy PVRINOX for short term move.
Entry Price 1400
Stoploss 1380
Target 1480
Happy Trading
Yamini Prabu
NSE, NISM Certified TA
Independent Trader and Trainer
Momentum swing idea|Vidhi Specialty Food Ingredients LtdVidhi Specialty Food Ingredients Ltd
Vidhi Specialty Food Ingredients Limited, incorporated in 1994, is a leading manufacturer of Superior Synthetic and Natural Food Grade Colours. The company is Asia’s 2nd largest food colour manufacture
Fundamental :Strong
Market Cap ₹ 2,367 Cr. Current Price ₹ 474 Stock P/E 67.9
ROCE 17.6 % ROE 16.2 % Debt to equity 0.15
Promoter holding 64.3 % Quick ratio 2.08 Current ratio 3.00
Piotroski score 6.00
Profit Var 3Yrs 3.57 % Sales growth 3Years 21.6 %
Return on assets 11.1 %
This stock is already in momentum zone also look at reversal up move momentum.
if its continue we have to keep watch it closely.
although food colour business is in trend since long time.
keep in radar.
Note: I am not SEBI registered financial Adviser. I solely present my views on chart .I do not charge any kind of service. This is not buy sell recommendation.
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Momentum swing idea| Rallis India LtdRallis India Ltd
Rallis India, a Tata Group company Group Co., has a history of over 150 years. The company is into manufacturing of Agrochemicals and is present across the value chain of agriculture inputs - from seeds to organic plant growth nutrients. Rallis is also in the business of contract manufacturing for global corporations.
Market Cap ₹ 5,597 Cr. Current Price ₹ 288 Stock P/E 56.4
ROCE 7.77 % ROE 5.37 %
Debt to equity 0.07 Promoter holding 55.1 %
Quick ratio 0.96 Current ratio 1.69 Piotroski score 6.00
Profit Var 3Yrs -19.6 % Sales growth 3Years 9.63 %
Return on assets 3.25 %
This stock is in momentum right now. also good fundamental.
keep in radar .
Note: I am not SEBI registered financial Adviser. I solely present my views on chart .I do not charge any kind of service. This is not buy sell recommendation.
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Momentum swimg idea| Control Print LtdControl Print Ltd
ontrol Print Ltd is involved in development, research, manufacturing, and marketing of printing machines, spare parts, consumables (fluids) and associated services. Company’s manufacturing facility for printers and consumables are located at Nalagarh (Himachal pradesh) and Guwahati (Assam) respectively
Fundamental : Strong
Market Cap ₹ 1,598 Cr. Current Price ₹ 999
Stock P/E 27.7
ROCE 23.0 % ROE 19.1 %
Debt to equity 0.02 Promoter holding 52.7 %
Quick ratio 2.77 Current ratio 4.12 Piotroski score 8.00
Profit Var 3Yrs 20.8 % Sales growth 3Years 16.0 %
Return on assets 15.1 %
This stock is in momentum with strong fundamental.
debt free stock with reasonable price also in good business.
Note: I am not SEBI registered financial Adviser. I solely present my views on chart .I do not charge any kind of service. This is not buy sell recommendation.
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Momentum Swing idea| K P R Mill Ltd K P R Mill Ltd
K.P.R. Mill is engaged in one of the largest vertically integrated apparel manufacturing Companies in India.
Market Cap ₹ 27,314 Cr. Current Price ₹ 799 Stock P/E 34.1
ROCE 24.4 % ROE 23.4 %
Debt to equity 0.21 Promoter holding 73.8 %
Quick ratio 2.33 Current ratio 3.99 Piotroski score 5.00
Profit Var 3Yrs 29.5 % Sales growth 3Years 22.6 %
Return on assets 15.4 %
This stock has good fundamental with weekly in momentum RSI above 55 .
this is debt free company. Keep in radar
Note: I am not SEBI registered financial Adviser. I solely present my views on chart .I do not charge any kind of service. This is not buy sell recommendation.
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Momentum Swing Idea| ICICI Prudential Life Insurance Company Ltd ICICI Prudential Life Insurance Company Ltd
ICICI Prudential Life Insurance Company Ltd carries on business of providing life insurance, pensions and health insurance products to individuals and groups.
Market Cap ₹ 83,099 Cr. Current Price ₹ 577
Stock P/E 91.1 ROCE 10.0 % ROE 8.45 %
Debt to equity 0.11 Promoter holding 73.3 %
Quick ratio 1.10 Current ratio 1.10 Piotroski score 5.00
Profit Var 3Yrs -8.65 % Sales growth 3Years 33.0 %
Return on assets 0.33 %
This in in momentum stock with brand recognition. This purely chart pattern analysis.
Rsi above 55. keep in radar.
Note: I am not SEBI registered financial Adviser. I solely present my views on chart .I do not charge any kind of service. This is not buy sell recommendation.
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Momentum Swing Idea| Large Cap chemical StockTata Chemicals Ltd
Incorporated in 1939, Tata Chemicals Ltd manufactures and exports basic chemistry and specialty products
Financial : strong
Market Cap ₹ 30,007 Cr. Current Price ₹ 1,178
Stock P/E 17.3 ROCE 11.6 % ROE 12.0 % Debt to equity 0.28
Promoter holding 38.0 % Quick ratio 0.79 Current ratio 1.22
Piotroski score 9.00 Profit Var 3Yrs -30.9 % Sales growth 3Years 17.5 %
Pledged percentage 0.00 % Return on assets 6.93 %
this stock from large cap with well known trusted brand . also in momentum with huge volume.
please read this chart and make some sense.
Note: I am not SEBI registered financial Adviser. I solely present my views on chart .I do not charge any kind of service. This is not buy sell recommendation.
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DATAPATTNS - 5 months consolidation / Downtrend Breakout Data Patterns (India) Ltd
1) Time Frame - Daily.
2) The Stock has been in a downtrend / consolidation since (September, 2023). Now It has given a breakout & Closed at it's 5 months High with good bullish momentum in Daily Time Frame.
3) Option 1 - With the strong 5 months consolidation breakout in Daily, Buy at this current level.
Option 2 - Wait for the strong weekly candle's close above the price 2175.40.
4) Next target will be it's All Time High (2485).
5) Recommendation - Strong Buy
TVS Motors, Buy on Weekly charts!Price has broken out of a nice consolidation and if it does a minor retracement and then creates a strong bullish candle, it will be a good buying opportunity. Stoploss would be below the previous resistance and trailing stoploss can be below 20EMA. Alternatively ATR can also be used to determine trailing stoploss, it all depends on what you are comfortable with. That said, as usual, please pay attention to position sizing and manage your risk wisely.
MOL - 2 Years Downtrend / 1 year consolidation BreakoutMeghmani Organics Ltd
1) Time Frame - Weekly.
2) The Stock has been in a Downtrend since (May, 2022) & In a Consolidation since (January, 2023) . Now It has given a consolidation / downtrend breakout & Closed with good bullish momentum in Weekly Time Frame.
3) The stock will find it's next resistance around the price 112.75 (13.75%) from the price 99.15.
4) Recommendation - Strong Buy
ACI - 1 Year consolidation / Triangle Breakout Archean Chemical Industries Ltd
1) Time Frame - Weekly.
2) The Stock has been in a downtrend / consolidation since (February, 2023). Now It has given a downtrend / consolidation breakout & Closed at it's All Time High with good bullish momentum in Weekly Time Frame.
3) The stock will find it's next resistance around the price 860 (9%) from the price 789.95.
4) Recommendation - Strong Buy
JLHL / Jupiter Life Line - 4 months consolidation / IPO Base BOJupiter Life Line Hospitals Ltd
1) Time Frame - Weekly.
2) The Stock has been in a consolidation since (September, 2023). Now It has given a breakout & Closed at it's All Time High with good bullish momentum in weekly time frame.
3) It's an IPO Base Breakout. The stock may reach the target of 1400 in the short term. Good fundamentals.
4) Recommendation - Strong Buy
Momentum Swing idea| Fairchem Organics LtdFairchem Organics Ltd
Fairchem Organics Limited was established in 2019, wherein Fairchem Speciality Limited (FSL) transferred the businesses of Oleo chemicals and nutraceuticals as per the scheme of demerger. engaged in manufacturing of specialty chemicals like dimer acid, linoleic acid, mixed tocopherol concentrate and sterols concentrate, which find application in various industries like nutraceuticals, paints, printing ink, detergents, adhesives, etc.
Financial:strong
Market Cap= ₹ 1,825 Cr. Stock P/E = 45.0
ROCE = 21.5 % ROE = 17.7 % Debt to equity = 0.13
Promoter holding = 58.9 % Quick ratio = 1.30 Current ratio =2.71
Profit Var 3Yrs = 7.59 % Sales growth 3Years = 28.4 % Return on assets = 13.1 %
This stock is now in high momentum RSI : 57
since long time consolidation finally stock seen upward move and pharma sector is also in favor.
we can see high volume with price.
Company has a good return on equity track record
Company has been maintaining a healthy dividend payout of 19.4%
Note: I am not SEBI registered financial Adviser. I solely present my views on chart .I do not charge any kind of service. This is not buy sell recommendation.
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CIEINDIA CAN GIVE STELLER RESULTS #CIEINDIA
Price has been consolidating for few weeks after the Dec quarter ended. After that, investors' confusion can be seen clearly in daily chart.
The last good move came on Jan 1 2024 with 5% and volume 1.8 million. After that, neither the high of that candle has broken nor the lows are taken.
It clearly suggests one thing - investors are waiting for the result of quarter ended on Dec 2023.
Weekly chart shows strong support above the 50DMA. Volumes are also dried up.
However, it needs a good closing on daily chart. Today is it's earning day and my expectations say it has maintained a positive growth on revenue as well as in profit. EBITDA might cross 12% QoQ.
Once the setup looks good on daily chart I'll enter with 30% capital. Rest will keep adding as per my risk management system. Until then, only watching closely.
#Learning #Masterclass #assignment
NATCOPHARM - 2 years consolidation / Cup With Handle BreakoutNatco Pharma Ltd
1) Time Frame - Weekly.
2) The Stock has been in a consolidation since (January, 2022). Now It has given a breakout & Closed with strong bullish momentum in weekly time frame.
3) Next Resistance / Target will be it's previous Life Time High 1189.
4) Recommendation - Strong Buy
SANDHAR - 6 years consolidation Breakout & All Time HighSandhar Technologies Limited
1) Time Frame - Weekly.
2) The Stock has been in a consolidation since (April, 2018). It has given a breakout on November, 2023 and consolidated few weeks & It has broken the previous life time high & Closed at its All time high with strong bullish momentum in weekly time frame.
3) Recommendation - Strong Buy
MOMENTUM SWING IDEA 15 FEB 24Balaxi Pharmaceuticals Ltd| MOMENTUM SWING IDEA 15 FEB 24
Balaxi Pharmaceuticals Ltd is an IPR-based pharmaceutical Company engaged in producing, stocking, selling, and supplying branded and generic medicines
Financial: strong
Market Cap =₹ 639 Cr. ROCE = 38.5 % ROE = 32.2 %
Debt to equity = 0.12 Promoter holding = 71.2 %
Quick ratio = 1.40 Current ratio = 2.93
Profit Var 3Yrs = 96.0 % Sales growth 3Years =94.6 % Return on assets = 22.1 %
This is pharma sector stock with strong fundamental. Pharma sector is in momentum so I select this stock to ride. Rsi is also showing positive trend. lets see how market recognize it.
Note: I am not SEBI registered financial Adviser. I solely present my views on chart .I do not charge any kind of service. This is not buy sell recommendation.
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Shaily Engineering Plastics Ltd| Momentum StockShaily Engineering Plastics Ltd| Momentum Stock
The Company is engaged in the manufacture and sale of injection moulded precision plastic components, sub-assemblies for various requirements of Original Equipment Manufacturers (OEM).
Financial= medium
Market Cap = ₹ 1,907 Cr. ROCE = 10.5 % ROE = 7.87 %
Debt to equity = 0.51 Profit Var 3Yrs = 8.31 % Sales growth 3Years = 21.3 %
Return on assets = 4.41 %
This stock is now in momentum as well as chart is looking very good.
but fundamental is little bit medium. but product range is future oriented.
this ia debt free company.
Note: I am not SEBI registered financial Adviser. I solely present my views on chart .I do not charge any kind of service. This is not buy sell recommendation.
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Life Insurance Corporation of India | Strong Momentum StockLife Insurance Corporation of India | Strong Momentum Stock
Life Insurance Corporation (LIC) is the largest insurance provider company in India.
Financial: Excellent
Market Cap = 5,26,620 Cr. ROCE = 149 % ROE = 130 %
Debt to equity = 0.00 Promoter holding = 96.5 % Piotroski score = 8.00
Quick ratio = 3.03 Current ratio = 3.03 Profit Var 3Yrs =138 %
Sales growth 3Years =8.26 % Return on assets =0.83 %
This is Strong candidate of multibagger candidate of insurance company.
technically and financially looking excellent.
Note: I am not SEBI registered financial Adviser. I solely present my views on chart .I do not charge any kind of service. This is not buy sell recommendation.
If you like my ideas than like boost and follow me for more ideas.
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SHAILY - 6 Months consolidation BreakoutSHAILY / Shaily Engineering Plastics Ltd
1) Time Frame - Weekly.
2) The Stock has been in a consolidation since (August, 2023) and It has given a breakout & Closed with strong bullish momentum & Huge volume in weekly time frame.
3) The stock may reach its previous Life Time High (478) in short Term.
4) Recommendation - Strong Buy