NYKAA - 144% RETURNS!!! - MULTIBAGGER??BUY - NYKAA
CMP - Rs. 122
Target - 1: Rs. 190
Target - 2: Rs. 245
Target - 3: Rs. 300
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Technicals -
Trendline with Bullish indecision candle.
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Fundamentals -
FSN E-Commerce Ventures Limited, through its subsidiaries, provides a range of beauty, personal care, and fashion products for women, men, kids, tech, and homes in India.
1) FSN E-Commerce Ventures has a ROCE of 4.2%. On its own, that's a low return on capital but it's in line with the industry's average returns of 3.8%. The company has consistently earned 4.2% for the last three years, and the capital employed within the business has risen 380% in that time.
2) Even though ROCE has remained relatively flat over the last three years, the reduction in current liabilities to 36% of total assets, is good to see from a business owner's perspective. This can eliminate some of the risks inherent in the operations because the business has fewer outstanding obligations to its suppliers and or short-term creditors than they did previously.
3) Price-To-Sales vs Fair Ratio: NYKAA is a good value based on its Price-To-Sales Ratio (6.9x) compared to the estimated Fair Price-To-Sales Ratio (8.6x).
4) Price-To-Sales vs Peers: NYKAA is expensive based on its Price-To-Sales Ratio (7.3x) compared to the peer average (4.8x).
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Conclusion -
High growth potential with a mediocre balance sheet.
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This is just a view by an expert analyst, please invest at your own risk.
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Nseindia
BHARTIARTL BUY Bharti Airtel is a very popular stock in the Telecommunication Sector, It has an average delivery% of 60%(last 1 year) and in a few days the big guns are taking delivery of it with more than 66% with increasing volume.
Technically speaking it is making a beautiful support at 760 levels.
I am planning for a long trade.
EXPIRY is 27th MAY
-1x 25MAY2023 760PE - ₹ 7.5
+1x 25MAY2023 730PE - ₹ 2.75
Prob. of Profit is 72%
Max. Profit is 9.4% of capital
The margin required to purchase one lot is ₹ 47,589
ALLCARGOALLCARGO:- The descending triangle pattern has formed, if there is a breakout of the trendline, then the movement of the upside can be seen, till then keep an eye on the stock.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
TATA COFFEE - 26% RETURNS!!!BUY - TATA COFFEE
CMP - Rs. 213
Target - 1: Rs. 243
Target - 2: Rs. 270
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Technicals - Bullish Flag BO
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This is just a view by an expert analyst, please trade at your own risk.
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MACROTECH DEVELOPERS - 56% RETURNS!!!BUY - MACROTECH DEVELOPERS LTD
CMP - Rs. 918
Target - 1: Rs. 1200
Target - 2: Rs. 1430
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Technicals -
1) Bullish Flag BO
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Fundamentals -
1) The company's financials show a steady growth in revenue and profits in the past few years, with quarterly sales exceeding ₹1,000 crores. The company's profits have also increased, with a net profit margin of around 10%.
2) The current ratio and return on equity are both reasonable, while the debt-to-equity ratio is relatively high, indicating that the company has taken on significant debt to finance its operations.
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This is just a view by an expert analyst, please trade at your own risk.
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Small SL entry in Bandhan Bank. Targets 222, 236, 247.Bandhanbank is displaying an Inverted Head & Shoulder pattern and is currently experiencing a constant upward trend with the formation of a rising wedge in some time frames. As per my analysis, buying on dips in this stock could be a favorable decision. However, it is recommended to wait for a small correction before initiating the trade.
It is advisable to place a small stop loss to mitigate risk. The potential targets for this trade are 222, 236, and 247, and traders can trail their stop losses according to their risk management strategies. It is crucial to monitor the stock closely around the 222-226 levels. I recommend avoiding holding this trade below 206.
As always, I would like to remind traders to exercise their discretion and make their trading decisions based on their own risk management principles.
Nifty 50 will struggle around the Zone-1Analysis-1:
On the basis of daily and hourly chart, from last week, market was witnessing reversal from Zone-1. It's looks like strong resistance.
If Zone-1 breaks, market will try to penetrate into the Zone-2 due to strong boom
Analysis-2:
As market is in down trend, 17500 will be act as support