SHIPPING CORPORATION OF INDIASHIPPING CORPORATION OF INDIA (Monthly Chart )
Roaming into the 15 years long resistance zone of 172-175.
Sustain above this zone will take it into the free sky
Rising container freight charges are positive for the shipping companies.
#technicals #StocksToBuy #stocks #StockMarkets #investing #Index #Nifty #nifty50 #observation #Breakout #BreakoutStock
Multiyearbreakout
GAIL - Multi-year breakout in Monthly TimeframeGAIL has showcased a remarkable multi-year (16 years) breakout, establishing itself as a standout performer in the financial markets. This breakthrough is not merely a fleeting uptick but signifies a strategic ascent by successfully breaching key resistance levels that had acted as formidable barriers for 16 years.
Worth noting - VOLUMES Surge: What sets this breakout apart is the substantial surge in trading volumes accompanying the upward move. The volume increase provides a compelling validation of the market's confidence and reinforces the conviction behind the stock's newfound trajectory.
#sail very Billish Idea (16 year trendline resistance breakout)Sail
Breaking out from its multiyear resistance trendline today in daily TF as well as todays is weekly closing also gives breakout conformation
it looks very Bullish from this level
good to hold above 125 for the view of longterm investment
my view to this stock is 2x, 3x from this point
also its outperform nifty500 index in weekly time frame
Volume from past weeks increasing also confirms bulliness of this stock
in my view this is the opportunity to invest in this stock for handsome returns
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.
Investment_ UPLTrading and investing are completely different in nature.
In trading, we don't care about the prices whether it's fair or not.
We buy high and sell even higher.
But in investing, we should only buy a stock near its intrinsic value. No matter if everyone is making money except us. But, price which is justified by fundamentals are sustainable and proved sustainable historically.
"Intrinsic value is upgraded or declined based on fundamental changes. I amend my intrinsic value every year based on the growth of the company."
So here I am with a stock named UPL. According to Sir Benjamin Graham's method of calculating Intrinsic Value, it is worth around ₹ 815 a share.
Coming to the charts, UPL has been consolidating near weekly resistance for around 70 days. It could've already given a breakout if this "corona wave 2" didn't hit the market. Rs 700 is a major hurdle which will act as a resistance. Beyond that, I think my targets will be achieved. Well, this will not happen overnight. It will take months to even years.
Some questions answered:
Q: At what price should I buy?
A: Well, this stock looks undervalued and I suggest to start accumulating shares NOW.
Q: Should I buy shares tomorrow, at on go?
A: Nope. Divide your capital in at least 3 lots. You buy first lot tomorrow, second and third lot after in time gap of 2-3 weeks (as you like).
Disclaimer: The analysis I've shared is just for informational and educational purposes. This must not be taken as an investment advise.
RCF - Multiyear breakout - Huge potentialThe analysis is done on Weekly TF ad well as on Monthly time frame for bigger picture. The price may take few weeks to few months in order to reach the targets. Trade setup is explained in image itself. This is a continuation breakout chart.
Pls check the monthly chart here -
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
NMDC (12 Year Breakout Candidate)NMDC has given a multi-year breakout. The stock has a possible upside of 210,260,311 in the long run. Also, good volume can be seen on the chart. One can place a stop loss of 152 (M) on a closing basis. 163-170 Can act as a support zone. #NMDC
Disclaimer: I am not a SEBI registered analyst. All the stocks are for educational purposes. Investors must consult a financial advisor before making any investment.
Well, I think EIHOTEL could Break the SHELL. Do you?EIH is primarily engaged in owning and managing premium luxury hotels and cruisers under the luxury Oberoi, Trident and Maidens brands. The Company is also engaged in flight catering, airport restaurants, project management and corporate air charters.
The group has been in luxury hospitality business for 6+ decades in India and has expanded into international destinations viz. Indonesia, Mauritius, Egypt, and the UAE
The group manages 29 hotels & resorts (owned and managed) with room inventory of 4,269 across 6 countries at 15+ locations.
The Company was voted the ''Best Hotel Brand in the World'' at Travel + Leisure world's best award, 2022.
There was a 58% growth on YOY basis in online bookings in FY23.
Hotel Brands
A) Oberoi Hotels – In this brand, company operates 18 Hotels & Resorts, and a luxury River Nile cruiser in Egypt.
B) Trident Hotels – In this brand, company operates 10 Hotels with 2172 keys across 9 cities in India
C) Maiden Hotel – Established in 1903 as one of the first hotels in Delhi, Maiden hotel is a single hotel operated by a company in Delhi with 55 Rooms.
Owned Hotels - FY23
Average Daily Rate - Rs.11,465
Occupancy % - 77
Revenue Generate per Available Room - 127%
Managed Hotels - Q2FY23
Average Daily Rate - Rs.11,036
Occupancy % - 69
Revenue Generate per Available Room - Rs.7603
Low Debt and Higher Asset Base
The company has total assets of 2985 Crs and debt of only 217 Crs as of Sep 2022. Due to its large asset base, company has been able to borrow money at better interest rates. The Weighted Average Cost of Debt as of 30th September 2022 was 7.6%
Alliance
In FY23, company entered into a strategic alliance with the prestigious Mandarin Oriental Hotel Group.
New Projects for FY24
1 Bay Club, Mumbai: In FY23, the company opened The Bay Club which is Mumbai’s most exclusive members’ private club, managed by the Oberoi Group. It is an exclusive, by-invitation-only private members club situated at BKC.
2 The Oberoi Rajgarh Palace, a luxury project situated near Khajuraho is being developed. This resort will provide upscale lodging on a 62-acre site adjacent to the Panna forest
reserve.
3 The Company has obtained land use consent for its 55-acre beach-front property in Goa. This is still at planning stage.
4 The planning process is on for the Oberoi Hotel, at Bengaluru.
5 Construction is progressing at The Oberoi Wildlife Resort Bandhavgarh, located on a 22-acre site just five kilometers away from Bandhavgarh National Park.
6 The Oberoi and Trident resorts, on KohTan Island, located southwest of Koh Samui, Thailand.
7 The Oberoi Kathmandu is being developed on a greenfield site measuring five acres.
8 The Oberoi Wildlife Resort, located near Bardia National Park in Nepal, will be developed approx on 30 acres.
9 A luxury Nile Cruiser is planned with 25 cabins and will sail along the Nile between Luxor and Aswan.
10 Trident resort in Tirupati Andhra Pradesh is planned. This upcoming 100- key resort, will be developed by the Company’s subsidiary Mumtaz Hotels Ltd., will be managed by the Company.
PONNI SUGARS ERODE is ready to EXPLODE
This is a NO BRAINER.
Beautiful multi year retest at support from 2013.
All you need here is Patience.
Further the company fundamentals are good too.
Debt Free
The Co. became a zero debt entity by end Q1 FY22, while temporary surplus funds are being parked in Bank FDs, pending capex spend on its ethanol project.
- Company is almost debt free.
- Stock is trading at 0.76 times its book value
- Company is expected to give good quarter
- Debtor days have improved from 45 to 19 days.
- Company's working capital requirements have reduced from 78 days to 54 days
- PE Ratio is 8.6 vs its sector PE ratio of 14
- Annual Revenue rose 52%, in the last year to Rs 450 Crores. Its sector's average revenue growth for the last fiscal year was 22%.
- Annual Net Profit rose 31% in the last year to Rs 38 Crores. Its sector's average net profit growth for the last fiscal year was 22.1%.
- Quarterly Revenue rose 16% YoY to Rs 107 Crores. Its sector's average revenue growth YoY for the quarter was 7%
- Quarterly Net profit rose 208% YoY to Rs 6 Crores. Its sector's average net profit growth YoY for the quarter was 11%.
Ponni Sugars (Erode) Limited is a sugar manufacturing company. It is an associate of Seshasayee Paper and Boards Limited. It has a sugar factory at Erode (Tamilnadu) having a capacity to crush 3500 tonnes of sugarcane per day and generate 19 MW of power.
Business Segments
Sugar (71% of revenue)
Power (12% of revenue)