Piramal Enterprises Ltd - Value Investing?Piramal Enterprises Ltd - Analysis
The stock is displaying a promising bullish candlestick pattern , signaling a potential halt to its recent downtrend and a possible upward turn in the short term.
There is price and psi divergence seen on daily chart, which is positive indication.
Moreover, the stock seems to present an appealing value investment opportunity based on two crucial valuation metrics:
Price/Book Ratio of 0.69 : This indicates that the stock price is relatively low compared to the company's book value, reflecting a potentially undervalued asset.
Price/Cash Flow Ratio of 14.12 : This ratio suggests that the share price is reasonably low when weighed against the company's generated cash flow, indicating a potentially favorable investment in terms of cash flow generation.
Additionally, the Earnings Yield of 18% signifies the return the company generates on each invested dollar, indicating a relatively robust performance in generating earnings.
PLEASE NOTE THAT:
This chart analysis is only for reference purpose.
This is not buying or selling recommendations.
I am not SEBI registered.
Please consult your financial advisor before taking any trade
Opportunity
STRK-USDT -> LONGLong Bias for the upcoming weeks. (Watch out for Whipsaw situations)
Price already in my area of value, just waiting for the market to tell me to get in on a LONG.
We are situated on the uppermost side of the channel's centre. It may come for a retracement and search for LONG.
NEWS:
Starknet launches GETTEX:25M token incentive for top projects
Starknet TVL -> $1.07 Bn
Starknet, seem to be changing course to the upside, but that will only happen if the price breaks the $1.35 mark, and if the market doesn't, We can see the Good short below $1.15
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**First Scenario - Long:** (Very Good Chances)
Initial Target: $1.67
First Entry: $1.18
Second Entry: $1.35
Stoploss: $1.137
**Second Scenario - Short:**
First Target: $1.02
Second Target: $0.83 (Rare Event)
Entry: $1.4
Stoploss: $1.205
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Take into consideration:
Psychological Resistance at $2
Psychological Support at $1
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NFA
DYOR
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Good Luck!
⚠️ Caution: Just because I've set my buy and sell position Settings or drawn direction lines on my chart doesn't indicate I've opened a position or am obsessed with a particular bias. This is only a forecast; I don't trade when the price reaches my level; I have rules of engagement. Perhaps the most crucial element is 🆘RISK MANAGEMENT🆘.
17%-90% profit opportunity on short-term investment in PTC IndiaPTC India Ltd. Technically there has been a break-out of the 50-day exponential moving average and a break-out of the 42-day important resistance level. In investing in the stock, there are some green signals, to be able to invest with the right decision, some logic is mentioned below.
Book Value / Share ---- 175 (Fair value),
Price To Book Value ---- 1.19 (Slightly overvalued),
ROE --------------------- 10.41 (Good),
ROCE -------------------- 10 (Good),
Earning / Share ------- 17 (Very Good ),
PE Ratio ---------------- 13 (Under Value),
Growth Rate (5 Years Average) - 25 % (Excellent),
PEG Ratio -------------- 0.52 (Under Value),
EV to EBITDA ---------- 5.84 (Very Good),
Intrinsic Value -------- 180 (Fair value),
Pe Extention Value ---- 425 (Excellent).
We rate the stock at fair value based on the above parameters.
Currently, it is summer season in India, so as per the summer season, the stock can be swing trading or investment for the short term at this moment, because, there is a lot of electric demand. PTC India is mainly engaged in the business of electricity. PTC India holds a category license from the Central Electricity Regulatory Commission (CERC), the highest category with permission to trade with unlimited volumes.
We are rating the stock as per our analysis, we have a technical level to invest in the stock which is between 205 to 210. 246 will be the target for swing trading. The target for the short term will be 285. The target for the long term will be up to 400. And in all cases stop loss should be kept at 181.
Therefore, before investing as per the above analysis, consult your financial advisor or do your analysis.
Long TRADE in LUPIN PHARMA Any who wants to add a quality stock in their demat can be go with LUPIN because lupin pharma share has been in very good strong upward momentum from the last 6 months and higher chances of that it will continue its upward journey .Because of the pattern of the share is like first go up and then go down , then again go up and then some downwoard moves , from last almost 1to2 months this process can be shown in charts also , and you can also see very well , so anyone who wants to outshine their portfolio can add this at their own risk management , at now level lupin share has favourable risk reward ratio , in all my ideas published in the trading view has a almost target of the 3 to 4 percent , after 3 to 4 percent target achieved my target is done.3to4 percent counts on current price which is shown in chart as well , so from my side this is good bet previously i shared ANANT RAJ in which almost 3 percent target is DONE AND DUSTED , and IMPORTANT NOTICE:-In my observation and analysis this share has can move without any market support , this share has countinuesly outperform market when our market are flat or consolidating between the area .WAITING TIME is almost 10 to 15 days holding period and , stop loss is nearly 1.5 percent of the current share price as shown in the charts ,, so anyone who can love pharma sector can go with this share with their risk capacity. in my observation this share can start upward journey soon , and yes this share can go up slow as seev in previous chart so dont go for very quick or fast move , this share headed upward slowly slowly . in my experience when a small fall occurs this share fill the fall within 5to6 days like slow and steady , so thanks for reading my long message if you read my message till now than you are amazing person and have a very serious mind in trading , because most of the people don't read this large message ha ha ha ha ha
DISCLAIMER:-I have already invested in this share , and all profit and loss in this share is BSE:LUPIN yours , my work is to share idea of the good company in which you will make a good return, and if you earn profit from this share so please feel free to comment in the comment section ,
BHANSALI ENG POLYM Breakout prediction long opportunityBHANSALI ENG POLYM is a Process Industries/ Industrial Specialties stock that have been consoladating for past 7-Months. by looking the volume spike it seems bulls will be taking the stock to outside the channel now. once breakout is successful, after little consolidation it can give a very nice Risk:Reward :: 1:3 Approx.
Reasons:
RSI is crossing 60 to upside. (Bullish)
200 EMA have been providing a nice support for very long time. In History also it has been a nice support and resistance.
Rectangle Pattern breakout is about to happen. If it gives a popout candle then you may go long by putting a small stoploss.
Price > EMA(13,50,200) which shows bullishness. but as it has been a trendy momentum for past 2 weeks. I am expecting it to give little consolidation outside the channel and then bullish momentum.
Verdict:
Bullish Breakout is about to happen
Plan of action:
Entry after consoladition
BUY: 98-100 after consoladition
Stoploss: 96
Target: 111
NIFTY positional - 1000 pts move NIFTY index on a weekly timeframe, a notable diamond top formation seems to be developing. Historically, diamond patterns have often signaled significant price reversals. Based on this observation, a potential 1000 pts move could be on the horizon.
Analysis:
Diamond Top Formation : The diamond pattern, often considered a reversal formation, has manifested after NIFTY's bullish run. This pattern encapsulates a period of market indecision, with the price oscillating within converging trendlines. A decisive breach of these trendlines can indicate the future price direction.
Bearish Scenario: If NIFTY breaks below the lower trendline of the diamond formation, a swift downward move can be expected. The depth of the diamond provides a hint at the potential move, which, in this case, suggests a 1000 pts drop.
Supporting Indicators : The recent retest of the wedge and subsequent rally shows a strong bullish momentum. However, with the emergence of the diamond top, this momentum may be waning. A confirmation of the bearish view would be a decisive breakdown below the diamond's lower trendline, preferably with a spike in trading volume.
Conclusion : While the diamond top formation suggests a potential bearish reversal, it's crucial to await a clear breakdown for confirmation. A 1000 pts move is significant, so traders are advised to be vigilant, employ risk management techniques, and consider other technical and fundamental factors influencing the market.
Disclaimer: Technical analysis is based on historical price action and patterns. While patterns can give insights into potential future movements, they don't guarantee outcomes. Always trade with caution and employ proper risk management strategies.
Risky but it's an opportunityHello Investors,
This is a risky one but absolutely I see this as an opportunity.
It has corrected almost 17% from the all time high and you can see the support trend line is passing and it could bottom out near the trend line or it might break the trend line and bounces back and close in the future. That will be the time I will concentrate.
You can also visually see the history of continuous red candles and a huge bounce back
This is absolutely risky one but we have a good opportunity to to invest for a swing where one can expect 10 - 15 % returns.
Thanks
WIPRO LONG TERM INVESTING OPPORTUNITYBullish on Wipro for the long term coz:
1. Rounding Bottom Pattern in Weekly TF.
2. Crossing 200 dema
3. Breaking 10-month-old resistance 2nd time in a daily timeframe with an increase in volume and holding on
4. Trend: UP Trend in daily pattern; making HHs and HLs over daily TF trendline
**BUY @ 417
**SL @ 395.75
**TGT 1 @ 610
**TGT2 @ 720
**Holding Period is approx 1 yr
**RR:13
**Growth Potential 72%
** Note: In rounding bottom pattern, speedy growth happens in the later phase, do not exit early. You can trail your SL but not very tightly as rounding bottom pattern may give deep pullbacks that may through you out of the trade.
BANKNIFTY ANALYSIS FOR 15th MARCH 2023#BankNifty #Analysis For 15th March 2023
As per our analysis for #BankNifty , we are expecting these below levels today in the upside and downside, kindly check the charts on #15min #timeframe and act accordingly.
#Previous Close: 39411. 40
#Buyers can be active above: 39492
#IntradayLevels : 39570-80 / 39665-75 / 39761-71 / 39865-75/ 39988-40000
#Sellers can be active below: 39331
#IntradayLevels : 39242-50 / 39133-125 / 39021-12 / 38901 - 915 / 38815 - 800
Disclaimer: All the provided levels are for #educational purpose only, please do your own analysis before doing any trade in the live market or consult your financial advisor before act.
Follow Us On For More Updates in Future.
If, you have any questions or queries, please post in comments. (click on boost button below so that these levels will reach to maximum number of users on TradingView)
#TrendAnalysis #ChartPatterns #TechnicalIndicators #chartpatternstrading #trendanalysisexplained #beyondtechnicalanalysis #tradeanalysis #BANKNIFTY #Intradayanalysis #bankniftycharts #15min #opportunity
BANKNIFTY ANALYSIS FOR TOMORROW 14th MARCH 2023BankNifty Analysis for Tomorrow 14th March 2023
As per our analysis for Bank Nifty, we are expecting these below levels tomorrow, kindly check the charts on 15 min time frame and act accordingly.
Previous Close : 39564.70
Buyers can be active above : 39564.70
Level = TGT 1 : 39784 | TGT 2 : 39936.40 | TGT 3: 40061.80
Sellers can be active below : 39478
Level = TGT 1 : 39378 | TGT 2 : 39289.05 | TGT 3 : 39203.75
Disclaimer : All the provided levels are for educational purpose only, please do your own analysis before doing any trade in the live market or consult your financial advisor before act.
Follow Us On For More Updates in Future.
If, you have any questions or queries, please post in comments. (click on boost button below so that these levels will reach to maximum number of users on TradingView)
BANKNIFTY ANALYSIS FOR TOMORROW 13 MARCH 2023BankNifty Analysis for Tomorrow 13th March 2023
As per our analysis for Bank Nifty, we are expecting these lower levels tomorrow, kindly check the charts on 15 min time frame and act accordingly.
Previous Close : 40488.75
Buyers can be active above : 40563.55
Level = TGT 1 : 40650.20 | TGT 2 : 40722.20 | TGT 3: 40831.70
Sellers can be active below: 40425.35
Level = TGT 1 : 40278.15 | TGT 2 : 40172.35 | TGT 3 : 40053.70
Disclaimer : All the provided levels are for educational purpose only, please do your own analysis before doing any trade in the live market or consult your financial advisor before act.
Follow Us For More Updates in Future
BHEL GETTING STARTED1. 2021 High Breakout.
2. Huge Breakout Volume.
3. Aggressive New longs in Futures.
3. Increased Deliveries.
4. Huge Volume Activities in last couple of months.
5. Strong Relative Strength and RS inclined up (meaning Stock continues to outperform benchmark).
6. Net Alpha of 42.71% from ARS date 7-March 2022.
Good short opportunity in Tata Motors
Tata Motors has formed a parallel rising channel in which the stock has fallen from the top resistance. In addition to this, the stock today (16/09/2022) broke its 200D EMA and is ready for another 6/7% fall according to the setup & support of the rising channel.
One can short at:
CMP - ₹425
Target - ₹ 410 / 400 / 390
SL - ₹ 445( closing basis )
NSE:TATAMOTORS
YESBANK - TREND REVERSAL PATTERN FORMATION NSE:YESBANK
=Rectangle formation after a bear trend indicating short term trend reversal.
Yes bank has witnessed a very long bearish downtrend.
Yes bank has taken a support of lifetime low and its is consolidating heavily around that zone for more than a year
Have given a breakout from rectangle formation on daily timeframe with volume spike.
This might give follow up move in some time
Take small quantity above 15.25 for a swing trade and keep accumulating more on the breakout test zone.
# Have discussed how to trade rectangle pattern refer it for more detail.
Hope you found this helpful and I sincerely hope you find a ton of good rectangle formations to trade-in!
Happy Trading!
Dilip Buildcon | Long | One year InvestmentHola,
I started weekly SIP & continue the same till 15-03-2022 in demand area.
My Exit Rule : 700 or 15-03-2023 (whatever comes first I will exit)
Key Takeaways:
1) Infrastructure & Construction Area Company
2) YOY increase in Revenue
3)One of top 5 Richest person in Asia is interest in this company.
4)Strong Management & Orderbook
Technical :
1) Oversold with positive RSI divergence .
2) Mean Reversion is expected from demand area.
Novice observation : Bad news & earning has already created panic . So everything that can go wrong is already discounted by the market.
Thanks & Best Regards
Vishal Malviya