Momentumstrategy
Buy Rain - Before It becomes "come again"Fundamentals:
Positive:
1. Increase in revenue
2. Profit from operating activities are increasing
3. Book value per share is increasing
4. ROCE increasing
5. Debt to equity is 1.1
Negative
1. Recent Qtr performances
2. 41% promoter holding
Technical:
1. Multi-year trendline breakout
2. High momentum
3. High Volume
Therefore buy it before it feels like,
" Rain - Rain Come Again"
SL : 158
R1: 185, R2: 203, R3:258
A stock for momentum traders!Quickheal has given a trendline breakout today with very heavy volumes.
Stock has also managed to close above 61.8% fib retracement which clearly indicates a strong buy signal.
However, the SL for positional traders is very far below 230 DCB. A retracement is favourable for short term traders. Best buy level can be 250-255 for targets of 330+.
However, risky momentum traders can look for quick 5% returns at CMP. Stock might touch 295 levels in this momentum.
Idea shared for educational purposes!
Titan, Reverse Head and Shoulders.Titan has formed a reverse head and shoulders pattern on the weekly charts and will have to decisively break out from the current resistance channel and close at a price above 2810 to further validate the bullish pattern.
Stoploss would be just below the resistance channel.
First target would be at around 3775 levels, although given the volatile nature of the markets since after the massive bull run of 2020-2021, I would strongly advise using a trailing stoploss of 20EMA on the weekly chart.
That said, as usual, please ensure appropriate position sizing and risk management practices.
Aether Industries Ltd | Momentum Swing IdeaAether Industries Ltd | Momentum Swing Idea
Incorporated in 2013, Aether Industries Limited is a manufacturer of specialty chemicals .
Financial : strong
Market Cap = 11,959 Cr. ROCE = 18.4 % ROE = 15.9 %
Debt to equity = 0.01 Promoter holding = 81.8 % Piotroski score = 4.00
Quick ratio = 4.36 Profit Var 3Yrs = 48.1 % Return on assets = 12.1 %
Profit Var 3Yrs = 48.1 % Sales growth 3Years = 29.2 %
Aether manufacturing specialty chemicals.
now it is in momentum stock . Technically very bullish.
as well as fundamentally also Strong chemical stock.
now lets what happen in coming weeks.
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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NIIT Learning Systems Ltd | A investment pickNIIT Learning Systems Ltd | A investment pick
NIIT Learning Systems Limited offers Managed Training Services to companies across 30 countries. The NLSL has comprehensive suite of Managed Training Services includes Custom Content and Curriculum Design, Learning Delivery, Learning Administration, Strategic Sourcing, Learning Technology, and L&D consulting services. The company also offers specialized solutions including immersive learning, customer education, talent pipeline as a service, DE&I training, digital and IT trainings well as leadership and professional development services.
Fundamentals:
Market Cap = ₹ 5,538 Cr. ROCE = 36.5 % ROE = 31.8 %
Debt to equity = 0.15 Promoter holding = 34.8 % Return on assets = 15.8 %
its almost debt free learning solution based company its upcoming future is bright .
good financial . we will closely track financial in upcoming years .
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note: I am not SEBI registered financial adviser. pls do your own research first.
Laurus Labs Ltd | Pharma multibagger momentum stockLaurus Labs Ltd | Pharma multibagger momentum stock
Founded in 2005, Laurus Labs is a research-driven pharmaceutical and biotechnology company having a global leadership position in select Active Pharmaceutical Ingredients (APIs)
Financial: excellent
Market Cap = 23,185 Cr. ROCE = 22.2 % ROE = 20.4 %
Debt to equity = 0.45 Promoter holding = 27.2 % Piotroski score = 5.00
Quick ratio = 0.64 Current ratio = 1.31 Profit Var 3Yrs = 41.6 %
Sales growth 3Years = 27.3 % Return on assets = 11.2 %
in sector rotation now its pharma time to move up.
big player heavily buying in pharma sector.
this stock is big one momentum stock. since long consolidation RSI up move in momentum zone.
we have to ready for participate and grab the opportunity . moreover financially also stable pharma 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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Indian Energy Exchange Ltd |The Next Multibagger Indian Energy Exchange Ltd |The Next Multibagger
Incorporated in 2007, Indian Energy Exchange Ltd provides an automated platform and infrastructure for carrying out trading in electricity units for physical delivery of electricity
Financial: Excellent
Market Cap = 14,980 Cr. ROCE = 51.8 % ROE = 39.4 %
Debt to equity = 0.01 Quick ratio = 1.47 Current ratio = 1.47
Piotroski score = 4.00 Profit Var 3Yrs = 20.3 % Sales growth 3Years = 16.0 %
This stock is technically strong bullish candidate. RSI is now entering momentum zone.
since long time it was consolidated and now its seems over and big player enter in this stock.
Gem: Do not enter in stock randomly. wait for stock momentum and then participate. yo will see stock moves fast than normal speed.
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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NGL Fine Chem Ltd | a Momentum pharma stockNGL Fine Chem Ltd | a Momentum pharma stock
Established in 1981, NGL Fine-Chem Limited manufacturers and markets APIs, Intermediates and Finished Dosage forms for human and animal pharmaceutical product. It caters to various Indian and global companies with high quality and reliable products.
Financial:
Market Cap = 1,382 Cr. ROCE = 11.5 % ROE = 9.31 %
Debt to equity = 0.11 Promoter holding = 73.1 % Piotroski score = 4.00
Quick ratio = 2.06 Current ratio = 2.58 Return on assets = 7.11 %
Profit Var 3Yrs = 18.5 % Sales growth 3Years = 21.8 % Pledged percentage = 0.00 %
in Technically you can see monthly and weekly strong RSI Momentum
financially also debt free company as well as company has good capex plan in comming years
so this will be next multibagger if hold for long time.
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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Gujarat Fluorochemicals Ltd | A Investment PickGujarat Fluorochemicals Ltd | A Investment Pick
Incorporated in 2018, Gujarat Fluorochemicals Limited, earlier known as Inox Fluorochemicals Limited, is a part of the INOX Group of Companies and has been demerged from GFL Ltd, into a separate legal entity.
It is one of the leading producers of Fluoro-polymers, Fluoro-specialities, Chemicals and Refrigerants in India. It is one of the top five global players in the fluoropolymers market with exports to Europe, Americas, Japan and Asia.
Fundamentals:
Market Cap = ₹ 34,049 Cr. ROCE = 29.6 % ROE = 27.0 %
Debt to equity = 0.29 Promoter holding = 63.8 % Piotroski score = 8.00
Profit Var 3Yrs = 86.6 % Sales growth 3Years = 29.7 % Return on assets = 17.3 %
in my view its a growth base and profit making company with high product demand.
I am personally bullish in long time horizon .
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note: I am not SEBI registered financial advisor. before investing do your proper research.
Indo Borax & Chemicals Ltd | A Momentum StockIndo Borax & Chemicals Ltd | A Momentum Stock
was incorporated in the year 1980 in Asangaon and its first Boric Acid plant was established in the year 1981, followed by the establishment of a Borax plant in 1983.
Fundamentals: excellent
Market Cap =₹ 604 Cr. ROCE = 28.7 % ROE = 21.0 % Debt to equity =0.0
Promoter holding =52.1 % Quick ratio =10.7 Current ratio=13.7
Piotroski score =9.0 Profit Var 3Yrs =44.1% Sales growth 3Years =25.0%
Return on assets = 19.6 %
I shared my personal view so just take it as educational purpose and learn how to invest in momentum stocks and grow fast.
nugget ; it takes time but big money earn with boring way.
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Can we catch the momentum in GTPL?GTPL Hathway is a very volatile cash stock which has given wild one sided moves in the past.
As seen in the chart, stock is in strong uptrend and has reached a supply zone of 185-190.
Price action at CMP is going to be interesting. A consolidation before breakout is always healthy.
However, if the stock sustains above 190, it can be a risky swing trade for explosive targets of 205, 224, 240++. SL can be below 168 DCB which is this week's low.
Weekly golden crossover is nearing in the stock which can be an indicator of continuation of momentum. Weekly RSI is overbought which can be a signal of consolidation/retracement so trade as per your own risk and keep trailing your SL immediately.
Idea has been shared for educational purposes only!
HCL Technologies Ltd | A IT Sector Momentum StockHCL Technologies Ltd | A IT Sector Momentum Stock
HCL Tech is a leading global IT services company, which is ranked amongst the top five Indian IT services companies in terms of revenues
Financial :Strong
Market Cap n= 3,96,928 Cr. ROCE = 28.3 % ROE = 23.0 %
Debt to equity = 0.08 Promoter holding = 60.8 % Quick ratio = 2.56
Current ratio = 2.56 Piotroski score = 8.00 Profit Var 3Yrs = 10.2 %
Sales growth 3Years = 12.8 % Return on assets = 16.1 %
HCL Tech is strong fundamental stock with right now in monthly basis have strong momentum.
also all IT sector is in bullish trend .This is ready to going in uncharted territory space.
so we have to closely watch this stock for future.
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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Tamil Nadu Petro Products Ltd| A Momentum StockTamil Nadu Petro Products Ltd| A Momentum Stock
Tamilnadu Petroproducts Limited, headquartered at Chennai, Tamilnadu, India is jointly promoted by Southern Petrochemical Industries Corporation Limited (SPIC) and Tamilnadu Industrial Development Corporation Limited (TIDCO) and is engaged in the business of petrochemical products viz, Linear Alkyl Benzene (LAB), Caustic Soda, Chlorine and Propylene Oxide.
Friends
you can clearly seen down rectangle pattern break out with rsi above 55(indicate momentum start).
my motto: I learn simple ways and earn simple ways. Though I present all my ideas with simple presentation . so everyone can understand and learn simple ways to make money.
Financial: excellent
Market Cap = ₹ 900 Cr. ROCE = 15.1 % ROE = 11.8 %
Debt to equity = 0.03 Promoter holding = 34.5 %
Quick ratio = 3.65 Current ratio = 4.45 Piotroski score = 4.00
Profit Var 3Yrs = 13.6 % Sales growth 3Years = 20.6 % Return on assets = 8.88 %
company is in well stable financial with momentum zone.
nugget: stock market me shadi vaha hoti hai jaha dol nahi bajate. yani ki jab koi bat na kare us stock ke bare me tab usko buy karna chahie.
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.
Thanks and comment freely
ONGC - A Potential multibagger with multiyear breakout Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Head & Shoulder
📌 Symbol/Asset: ONGC
🔍 Description: Stock has given a breakout of the Head & Shoulder pattern.
We can see further upside of 200-300% on months to come !!
Huge upside with momentum possible.
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation.
Indoco Remedies Ltd |A Sector Rotation (Pharmaceutical)Indoco Remedies Ltd |A Sector Rotation (Pharmaceutical)
Indoco Remedies (Indoco) is a Mumbai-based pharmaceutical company that focuses on formulations with a presence in contract manufacturing and research.
Market Cap = ₹ 3,758 Cr. Dividend Yield=0.55 % ROCE=17.4 %
ROE =14.8 % Debt to equity = 0.46 Promoter holding = 58.7 %
Quick ratio = 1.13 Current ratio = 1.76 Piotroski score = 5.00
Profit Var 3Yrs = 80.6 % Sales growth 3Years = 14.7 %
Pledged percentage = 0.00 % Return on assets = 9.11 %
Indoco Remedies Limited
is now in momentum zone
I just analyses chart and as per my view I shared my entry exit and tgt
please do your research before investing.
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SAIL Multiyear breakout with retest : A possible multibagger Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Broadening Pattern Breakout
📌 Symbol/Asset: SAIL
🔍 Description: SAIL has made Broadening pattern from 2011 to 2020 and given breakout of the pattern.
Its a multiyear breakout and retest is also done.
We can see huge upside and might see returns in 3 digit percentage numbers !!
One need to just hold it for few weeks or months to come.
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation.