NSE-NIFTY
BAJFINANCE an update on Targets... by The_RedTickerSo, its way beyond the expected swing targets. Now looks like the pattern targets too are possible. (level marked on chart)
I really dont expect a straight upmove henceforth, but if at all it has to give the pattern targets, it should not re-enter the channel. So that can be a good sl.
newcomers should book full right away.....traders with experience should look for great rewards to risk with a TSL
#The_RedTicker
*Not a fresh setup
Affle India Ltd - Fundamentals and Technicals Can Affle India Ltd become a multibagger stock? What is it’s business model? What is the right time to invest?
Affle (India) Ltd. is a portfolio stock with a huge potential to become multibagger. Why I’m saying this is because of this company’s wonderful business model as well as the fundamentals. A little brief about the company are as mentioned below:
1. Affle India is a technology company with a proprietary consumer intelligence platform that delivers consumer acquisitions, engagements, and transactions through relevant mobile advertising.
2. Technology Enabled by a Rich Patent Portfolio - 18 Patents granted and filed in fields of Consumer acceptable advertising, Messaging, Search & Ad Fraud Detection.
3. Recent Acquisitions
* Vizury platform – 2018
* Shoffr, Revx – 2019
* Mediasmart, Appnext – 2020
4. 95% of its business is Mobile apps advertisement focused & Mobile advertising spend is projected to reach a share of 64% of total digital ad spends by 2022.
5. With market Cap of Rs.13,845 the company is very small this this point of time and considering the business model, have a huge potential to become a giant.
6. ROCE - 42.7%, ROE - 43.5% which is very impressive, P/E is 151 which makes valuation of this stock look costlier but considering the fundamentals it’s not gonna stop soon.
7. Topline (Turnover) of the company has grown to aprx three times in last 4 years since listing from 167 Cr in 2018 to 455 Cr in 2021, so does bottomline (Net profit) from Rs.28 Cr in 2018 to Rs.92 Cr in 2021.
8. The company have borrowings of Rs.101 Cr in 2021 balance sheet which is negligible considering the net worth of the company.
9. On the charts long-term trend is in uptrend but short-term trend is in downtrend as you can see on the charts. This is because the stock is taking time correction after giving huge up move consistently since listing.
10. Wait for sometime buy as soon as the stock again comes in uptrend and hold for 3–4 times. (Never buy falling chart pattern, is a very basic rule of technical analysis no matter how strong is the company).
FRESH BUY - Above 5796
OLD BUY - HOLD
TARGET - At least double i.e. 12000.
JCHAC buy if breaks 100 EMASales rise 33.83% to Rs 579.35 crore
Net profit of Johnson Controls-Hitachi Air Condition. India rose 520.53% to Rs 44.43 crore in the quarter ended March 2021 as against Rs 7.16 crore during the previous quarter ended March 2020. Sales rose 33.83% to Rs 579.35 crore in the quarter ended March 2021 as against Rs 432.91 crore during the previous quarter ended March 2020.
For the full year,net profit declined 60.37% to Rs 33.10 crore in the year ended March 2021 as against Rs 83.53 crore during the previous year ended March 2020. Sales declined 25.07% to Rs 1646.54 crore in the year ended March 2021 as against Rs 2197.37 crore during the previous year ended March 2020.
Maruti will go high. (40.38 % delivery today)Maruti P/E 49.36
Sectoral Index P/E 221.12
Maruti Suzuki India Ltd is planning to increase production by 200 cars per day from near month, two people aware of the company’s plans said, as the country’s largest carmaker bets that demand for personal mobility will continue amid the resurgence of the pandemic.
The increase in output will take the daily production rate to more than 7,000 cars, the people cited above said on condition of anonymity. Parent Suzuki Motor Corp. has recently added a new assembly line in its Gujarat factory, and production will be increased as a consequence.
education purpose.
Ashok Leyland buy for 129.Ashok Leyland to invest up to USD 200 million in EVs
Hinduja group flagship firm Ashok Leyland will invest up to USD 200 million (nearly Rs 1,500 crore) in its electric vehicles journey through its UK-based arm Switch Mobility in the next few years, according to company officials.
Switch Mobility, which will play in the commercial e-mobility space globally for the group through next-generation electric bus and light commercial vehicles, will launch an electric light commercial vehicle (eLCV) later this year in India.
Ashok Leyland is banking on Switch Mobility to play a crucial role to achieve its ambition of being in the top ten players globally in the commercial vehicles segment through the latter's electric commercial vehicles, which would allow it to serve markets developed like the US, Europe and Japan.
Indraprastha Gas Ltd - IGL - Multibagger in MakingIndraprastha Gas is engaged in the business of city gas distribution presently operating in the National Capital Territory of Delhi including adjoining areas of Noida, Greater Noida, Ghaziabad, Hapur, Gurugram, Meerut (except area already authorised), Shamli, Muzaffarnagar, Karnal and Rewari.
FUNDAMENTALS:
> It is a Large cap company with a market cap of Rs. 37,541 Cr. Yes, today we are going to talk about a Large cap company.
> The ROCE is at 30% and ROE is at 26% which is very impressive. Positive.
> Stock P/E is at 30 which makes the valuation a little costlier as compared to the sector P/E at 27.
> Higher than Industry Revenue Growth: Over the last 5 years, revenue has grown at a yearly rate of 12.81%, vs industry avg of 7%.
> Increasing Market Share: Over the last 5 years, market share increased from 4.66% to 6.08%.
> Lower than Industry Debt to Equity Ratio: Over the last 5 years, debt to equity ratio has been 0.36%, vs industry avg of 22.68%.
> Higher than Industry Current Ratio: Over the last 5 years, current ratio has been 138.73%, vs industry avg of 96.17%.
> It is a debt free company. This is the most important line item to investigate in any of the company balance sheet before investing.
> Very robust Topline and Bottomline, continuously increasing on YOY basis.
> The company have huge cash reserve, approximately 70% of it’s Net Worth. Increasing continuously.
> The company has maintained its Operating Profit Margin (OPM) approximately 25% since last 5 years, that's like a super profitable company, company has also delivered good profit growth of 21.44% CAGR over last 5 years, again a positive sign.
> FIIs and DIIs are heavily invested in the company, almost 40% of the total holding taken together by both the parties.
TECHNICALS:
> Stock was consolidating since Feb 21 and took support at 494 levels in short term.
> It is looking very strong on chart now and slowly started making higher highs and higher lows.
> Trading above 100 DMA and about to break 200 DMA.
> It is clear from volume at the bottom that accumulation is going on in the company on regular intervals and bull run will continue for long.
> This is a portfolio stock, gas distribution is going to be the business of future. It will continue running for at least 3-4 years to come. IGL is in the business of gas distribution and LIKHITHA (analysis posted earlier) is in the business of developing infrastructure for gas distribution. Related business model.
FRESH BUY - AT ABOVE 549
OLD BUY - HOLD
TARGET – 1600 (+300%)
Risk Management Tip: Never invest more than 5% of your capital in any single stock.
Happy Investing!
ShareMktSchool
IBULHSGFIN(1D), Ascending Triangle FormationIBULHSGFIN: NSE, 281.80 CMP :)
Looking good for long term as breakout is there and with ascending triangle formation :)
Huge Volume support :)
Using The Fibonacci Retracement and Extension levels I've explained how can can use Fibonacci levels in trading using example of NSE:TATA STEEL
. Firstly know your trading perspective, and choose your chart time frames accordingly
. Now use higher time frame chart and draw FIBONACCI RETRACEMENT TOOL from bottom to top(in Uptrend)
and top to bottom (in downtrend) for current trend.
. Mark the levels using horizontal line, near stock is trading currently
. Use smaller timeframe to get retracement levels in uptrend or in downtrend, and now make Fibonacci extension levels from top to bottom(in uptrend)
and bottom to top(in downtrend) for current swing
. Mark all the important levels, these will work as support and resistance
. Now, using RSI,MACD,EMA sets you can trade your position for these levels
HAPPY LEARNING AND START INVESTING
BREAKING NEWS OF TVTODAYCHANNEL BREAKOUT IN TVTODAY ,BREAKING CHANNEL OF ALMOST A YEAR
ENTRY : ABOVE 335 A BIG MOVE EXPECTED (RISKY CAN TAKE ENTRY EVEN ON 320 ON ANY BULLISH INDICATION)
STOPLOSS :275 (PURELY ON CLOSING BASIS)
TARGETS : 347-350,400++
TIME FRAME - MAX 1 MONTH
FEW TRADE PARAMETERS :-
1. BREAKOUT
2. VOLUME
3. RSI ABOVE 70