What next in ACC ? Still up move or retracement? NSE:ACC
ACC was on super up move today on 20-07-2021.
If this up move continue then next target to watch in coming days will be 2400. But a retracement or Consolidation is required. May be it will go to below level to check the demand/support as there will come a profit booking in coming days. But ACC looks strong in coming days to go up.
Keep ACC on your radar and levels are mentioned on it. You can enter from any level in the way it moves.
Multibagger
TEJAS NET in a Breakout zone!!!TEJAS NET is in a breakout zone !!
Can expect an upside move if 219-220 ranges is broken.
Stop loss @200-205 ranges! Maintain strict stop loss to restrict loss.
Don't take this trade blindly, analyze the stock and only trade after it passes your analysis !!
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ITC Next Gen MultibaggerITC - A Giant about to get un-shackled
Cmp 209.55
ITC is going to split into three companies in next 12-18 months.
The three companies which are likely to get formed are:
1. ITC Cig Division
2. ITC Hotel Division
3. ITC Agro & Consumer Division
Fourth division which is Infotech likely to get sold as it is not a focus area for company.
Current market valuation for ITC is Rs. 2.60 L crore and after split or Demerger (in next 1 year), combined valuation of all three newly formed companies is estimated to be approx 5.0 L Crores (this means ITC share brought today at Rs 200-215 level, will have combined value of Rs. 385-405).
Once this Demerger is done, ITC Cig Division share will get highest valuation, followed by ITC FMCG share and followed by ITC Hotel Division.
Bonus also is due in ITC and it is expected that after Demerger process gets completed and selling off of Infotech Division, the money received from sale will be utilised to give haftey dividend (for ITC Cig Share) or even possible bonus.
Currently, ITC share does not get proper valuation simply because 60% of business still comes from Cig division and there are lot of FIIs and large investors, who normally give less valuation to cigerate businesses all across world (due to their ethical philosophy), so once the Demerger occurs, other divisions ( mainly ITC Agro & FMCG business) will get much higher valuation in line with FMCG business and this share value will go much higher. (Tata Chemicals merging it's salt business to Tata Global to form Tata Consumer Products is classical case study for getting such valuation. One can see that one & half year before Tata Chemicals was trading at Rs. 625 levels and Tata Global was at Rs 325 levels. Once consumer business of Tata Chemicals got merged with Tata Global, Tata Chemicals now is trading at Rs. 750-760 levels, while Tata Global Trading at Rs 615-620 levels, thus giving 120% returns to Tata Chemical share holder).
ITC Hotels business manages large amount of top quality hotels in India and abroad and also has huge land bank and this will give rich valuation to ITC Hotel business as well.
Analysts are infact expecting ITC FMCG business to become like Hindustan Unilever in next 6-7 years.
So, Analysts are expecting an ITC share which is trading at Rs. 205-215 levels today to have valuation of Rs. 1500-2000 (combined value of all three demerged shares) by 2026-27.(5-6 yrs from now).
Since Demerger process has just started in ITC and Demerger process takes close to 12-15 months (because of lot of regulatory approvals are needed), for next 8-10 months or even one year, one may not see a huge increase in ITC share price & in fact it may remain in Rs. 215-275 levels even in December 2021, but main game will start after December 2021.
Last quarter for first time in life , ITC uploaded its business performance presentation on their website and gave a real peep into ITC as a Coglomerate.
But, if you have Rs. 25,000-Rs. 30,000 to spare (money which can invest and think lost for some time like you do when you buy LIC Payback policy) & spare it for next 6-7-8 yrs, then invest them in ITC at a share price of Rs. 205-215 levels in coming days (if you get at lower levels close to Rs. 190-195 it is better). You will not only get benefitted but possibly you will celebrate your 60th birthday with a major bang. I will not be surprised if your Rs. 25,000.00 invested in ITC may be valued at Rs. 4.0 - 5.0 L by then. (Your investment will be 18-20 times in next 7 years)
But remember, to get such gains, patience is the key, especially in ITCs case. It is a giant, who takes time to pick up speed, but once it starts running, it will shatter earth & ITC management has just made up mind to let the giant be unshackled and run loose.)
This stock is getting supper support from 21 DMANSE:KABRAEXTRU
Look at this daily chart of KABRAEXTRU. Whenever it comes near to 21 DMA it takes support and run upward at least 5%. You can keep it on your radar.
I have marked some of the daily movement whenever it reaches near to 21DMA and then shooting up tremendously.
Not much fundamental or technical needed. You can use this benefit until and unless it is following this trend.
Multiyear breakout on Monthly Chart | Will it be a Multibagger ?NSE:CEBBCO
This stock gave multiyear breakout above Rs 30 level. And in this month it has been sustaining above it.
Will it be a multibagger?
Head And Shoulder Breakout And Retest In Burger King A beautiful Head And Shoulder pattern is formed and breakout has happened . The best part is that stock has retested as well. After a long fall and consolidation there looks a Decent upside For Decent Targets. Target could be its all time high.
DLF 10 YEARS BREAKOUT [ COMMING OUT OF HIBERNATION]DLF Has given a big breakout after almost 10 years of consolidation.. Though the breakout happened earlier it got failed because of covid second wave. It has formed a big base at the bottom and usually the more bigger the base , the bigger is the upward move. Its like constructing a building , the bigger the base below the ground the stronger and taller is the building. Real estate sector is in boom. There are few reasons behind it. First of all RERA Act has reduced a lot of uncertainty and fraud in the sector.
The owner of the land are looking for bigger developers . Developers now have to open a escrow account for all transaction and make particular compliance certificates for
environmental, fire , legal etc. Skilled and educated people are now working and are being employed , where as earlier all unskilled people where working. The real estate sector is at almost rock bottom, so valuations are good. This sector can take time to move but looks really good both fundamentally and technically.
The Stock can take time to move Bearing the fact that there have been problem in this sector and company. But the targets are very high.
LONG ON JINDAL POLY FILMSThis stock gave brilliant breakout after a triangle formation with strong volumes!
risky traders enter as soon as market opens and safe traders should enter after a retest is made on the previous resistance zone as new support zone!
Target and stop loss are marked on the chart
Edelweiss Financial Services Triangular Pattern BreakoutEdelweiss Financial Services has been in a sharp downtrend since long. Now it seems a reversal can happen. Triangular breakout and bottom seems to be capped. Rakesh Jhunjhunwala has increased his stake in it. Its peers have been performing like motilal oswal, IIFL Finance. So this can also show a re rating. Looks like a good buy.