S Chand & Company Ltd. ---- Deep Analysis (On Subscriber's Demand)
S Chand & Company Ltd. ----Deep Analysis (Weekly & Daily Outlook) + Fundamental Outlook
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1. Technical Outlook---------
This analysis is made on Higher Time frame Combined (Weekly & Daily)
I have used Weekly Time Frame chart for showing analysis (I will update Daily chart on Note.)
My Observation ----
1. Market Structure Shift (MSS) --
--Clear Shift from bearish to bullish around late 2020, with break of sturcuture (BOS)
and formation of idm (Inducement)
-- there we saw a trendline liquidity sweep and Institutional BUying Zone near 148-160 levels.
2. Current Price Acttion ---
-- Price currently reacting around 209-210 as former resistance and now becoming potential support.
-- Price has entered previou supply zone, targeting for High Probability POi zone near 260-300 levels.
3. Long Term Institutional Accumulation Zone --
-- Accumulation range and Institutional buy Zone are identified (you can check, i have marked in bold grey.)
-- The Bullish FVG(Fair Value Gap) and Order Blocks zone are respected buy price which means it follows Smart Money.
Short Term Bias (3-4 weeks ) ---- Bullish Outlook
Entry ZOne -- CUrrent Price zone around 210 can act as a base for short term long.
Immediate Target -- 270-280 Levels (A Minor Supply ZOne)
Pullback Possibility -- If market needs liquidity then it may test back towards 200-205 zone (Demand Flip Zone)
SL Zone -- If price breaks below 195-200 on strong volume then it voids the Bullish move for short run.
Mid term Bias (1-3 Months) --- Same Bullish Outlook
Price is gearing up to revisit the High Probability POI around 300-320 levels (Marked in Bold)
Weekly Sturcture is clean and following --
Accumulation >> Expansion >> Pullback >> Re-accumulation >>> Expansion
For Entry module --- Always follow lower time frame and check the Structure shift and displacement for Entry purpose.
IMP --- I will also share (on Note) Daily Time Frame chart and Lower Time Frame chart for Entry module Education purpose. Just Check that also on time when price reaches the demand zone marked in bold.
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2. Fundamental Outlook ----------- (Source - Screener)
-- Company is engaged in publishing educational books with products ranging from schools books
, higher academic books, competition and reference books etc.
-- S chand & company is on 2nd position according to Market Cap in its peers and key competitor is Navneet Education.
-- Company has a diverse portfolio with over 11000 titles and has sold over 50 million books in past year.
-- Latest News on S chand reports Highest 5-year revenues.
---Compounded Sales Growth
10 Years: 4%
5 Years: 11%
3 Years: 14%
TTM: 9%
---Return on Equity
10 Years: 3%
5 Years: 4%
3 Years: 5%
Last Year: 6%
FY25 Projections ---
1. The Company Expects their Operating Revenues to grow in double digits.
2. EBITDA margin band upgraded to 17%-19% (up from 16%-18% in the last year).
3. Company aims to remain net debt-free for at least three quarters during FY25.
(Source -- Screener website for Fundamental information)
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(Traders and Analysts or Anyone, Your views or observations and comments are most welcome.)
Disclaimer -- This analysis is made for Educational purpose only. Do not consider it as any Investment idea. Consult your financial advisor before any investments.
