NMDC has announced bonus share and stock has given breakoutHello Everyone, i hope you all will be doing good in your life and your trading as well. Today i have brought another stock which has given breakout of falling trendline on the news of bonus share announcement. Stock is technically and fundamentally good company. I am expecting 30-35% rally in this. Stock is ready to fly in blue sky. NMDC is engaged in exploration and production of Iron Ore along with Diamond, production and sale of Sponge Iron and generation and sale of Wind Power.
A Navratna company
National Mineral Development Corporation (NMDC) was established in the year 1958 as a fully owned government company under the administrative control of the Ministry of steel and is one of the most profitable ones among the Navratna companies.
Forward Integration
NMDC is one of the world’s low-cost Iron ore producers and they have ventured into the steel-making business to benefit from their ability to procure Iron ore at a cheaper price. The company has procured 2000 Acres of land in Chattisgarh to set up a steel plant with a manufacturing capacity of 3 MTPA and the facility will be the largest Blast furnace in India with a capacity of 4506 Cum.
Market Cap
₹ 68,796 Cr.
Current Price
₹ 235
High / Low
₹ 286 / 160
Stock P/E
11.2
Book Value
₹ 87.5
Dividend Yield
3.11 %
ROCE
30.9 %
ROE
23.9 %
Face Value
₹ 1.00
Industry PE
20.7
Debt
₹ 3,359 Cr.
EPS
₹ 20.1
Promoter holding
60.8 %
Intrinsic Value
₹ 470
Pledged percentage
0.00 %
EVEBITDA
6.58
Change in Prom Hold
0.00 %
Profit Var 5Yrs
4.67 %
Sales growth 5Years
11.9 %
Return over 5years
22.2 %
Debt to equity
0.13
Net profit
₹ 5,887 Cr.
ROE 5Yr
24.0 %
Profit growth
23.1 %
Earnings yield
15.2 %
PEG Ratio
2.39
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
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Powersector
Adani Power for 70% gainsDate: 01 Nov’24
Symbol: ADANIPOWER
Timeframe: Daily
The Big Question is - if Wave IV in Adani Power is now over? A higher high after a close above 675 will make it official. Is 570 a strong enough support? Looks like it. As seen in the chart, a circle has been marked as an accumulation zone. Wave V is likely to head to 1050 levels (70% from current price of 600); more clarity on target will emerge as it moves above 750.
Sept quarter results at operational levels were descent but because of lower other income and higher tax; Sept quarter of last FY looks stronger.
This is not a trade recommendation. Please do your own analysis.
HINGLISH VERSION
Bada savaal yah hai ki kya Adani Power mein Wave IV ab khatm ho gaya hai? 675 se upar band hone ke baad ek uchchatar oonchaee ise aadhikaarik bana degi. Kya 570 paryaapt majaboot support level hai? Aisa lagta hai. Jaisa ki chart mein dekha gaya hai, ek sarkal ko accumulation zone ke roop mein chihnit kiya gaya hai. Wave V ke 1050 ke star (600 kee maujooda keemat se 70%) tak pahunchane kee sambhaavana hai, jaise hi yah 750 se upar jaega, target par adhik spashtata saamane aaegee.
Operational star par September quarter ke nateeje achhe the. Lekin other income kam hone aur adhik tax ke kaaran; pichhale financial year ka September timaahee majaboot dikh raha hai.
Yah koi trade lene ki salah nahi hai. Kripya apana vishleshan svayan karein.
Tata Power for 20% gainsDate: 27 Sept’24
Stock: Tata Power
Timeframe: Daily chart
Tata Power seems to be in Wave V of 5 which is heading towards 580 levels (20% from current price of 485) as seen in the chart. It is then likely to go into a longer consolidation (a larger timeframe Wave 4) which I will analyse in due course. Likely to achieve this target by end of this year? (Yes, I would like to think so).
This is not a trade recommendation. Please do your own due diligence.
Adani Power getting ready for another half century (50%)?Adani Power has been in Wave iv since 3rd June’24 which could have likely gotten over with its final dip on 12th August’24. If that’s the case, where is it heading to after it breaks out from the current range? One way to look at it could be a target to the top of the channel (as seen in the chart) i.e. 1300+.
The other way is of course 5 small waves of Wave V which could culminate around 1050 (>50% from current levels of 675). Once, it moves over 800, it will leave more visuals of a target. However, a 50% plus rise from here is imminent? in 6 months?
And yes high volume also has left good hints of strong accumulation including promoter buying.
This is not a trade recommendation. Please do your own due diligence. Remember nothing in the markets is a given. Keep a close watch.
@tatapower range breakout done Swing trading concept NSE:TATAPOWER Swing trading concept
Range breakout strategy
Daily time frame
Duration 15-20 days
Breakout done with rising volume 📈🚨✔️
Stoploss at your risk
Do as directed
Do your analysis before taking any step
This is not trading recommendation or advise
PTC India for 65% upmoveDate: 15 Sept 2024
Timeframe: Daily Chart
PTC India is currently in Wave III of 5 which is heading to 380-400 (65% from current price of 240) in medium term as seen in the chart. Wave III is likely to end around 300 levels. High volume also supports this headroom for an up move.
This is not a trade recommendation. Please do your own due diligence and analysis.
Power Mech Project Ltd: Charging Up the Charts Like a Supernova!
Technical Analysis:
Breakout: Holy circuit breaker, Batman! Power Mech just blasted through its resistance like a bull in a china shop full of lightbulbs!
Rectangle Pattern: After months of playing ping-pong between support and resistance, this stock finally decided to stop teasing and make its move.
Volume: Volume accumulation suggests traders are piling in faster than teenagers at an all-you-can-eat buffet.
Trend: The uptrend is so strong, it could probably bench press its own market cap.
Support: Previous resistance at 5,532.25 now likely to act as support. It's like the floor and ceiling just switched roles in this stock market dance!
Fundamental Factors:
Power sector seeing increased activity. Power Mech is lighting up portfolios brighter than a Christmas tree on steroids.
Potential new project wins or order book growth could be fueling this electric rally.
Risks:
After such a powerful surge, a pullback is possible. Even rockets need to catch their breath sometimes!
Keep an eye on broader market sentiment and sector-specific news.
Trade Idea:
Consider long positions with a stop loss below the breakout level. Target the psychological 6,000 level - let's see if Power Mech can join the 6K club!
Remember, traders, timing is everything in the market. You don't want to be the last one to show up at this high-voltage party!
Key Levels to Watch:
New support (old resistance): 5,532.25
Next psychological resistance: 6,000.00
Stop loss consideration: Below 5,400.00
Disclaimer: This analysis is for educational purposes only. Always do your own research and manage your risk. Remember, the stock market is like a rollercoaster powered by Power Mech - thrilling, but it helps to have a strong stomach and know when to exit!
GIPCL-A powerful breakout in this power sector stock!An eventful day after market reacted very positively to exit polls.
Today, all PSU stocks and Energy sector stocks were extremely bullish.
One such stock which has given volume breakout is GIPCL.
All momentum swing traders can take a position for quick returns in this stock.
However, risk associated is more as we can see a profit booking in market post results.
A good long term stock as well since it has the name Gujarat in it which makes the adjective "Powerful" for it ;)
Adani Power Update 9 May (5May / 28April)As mentioned in the 5th May post, any fall towards 570-560 levels can be treated as an opportunity to buy. The stock shot back up to 610+ levels today (9 May’24). It could still spend some more time but 20% in near term is very possible.
Have conviction in the idea even before you invest Rs 100 in it. This is not a trade recommendation. Please do your own due diligence/analysis.
Adani Power Target IntactAs always, expectations from Adani Power Q4 results were very high and even though results were good (except for higher tax amount), there is a sense of disappointment in the street. The story remains intact; may be some more consolidation. Any panic fall towards 570-560 due to rumours/news should be treated as an opportunity to buy. This is not a trade recommendation. Please do your own due diligence.
GIPCL will it finally break its consolidation GIPCL has been consolidating in a price range of 105-70 for almost 2 years now. Right now the price is nicely stabilizing near the supply range which is getting supported by good volume it looks like the supply is getting absorbed now and its ready to finally breach the resistance. Stop loss can be placed @ 90. This is a positional pick.
*DISCLAIMER*
This analysis is only for educational purpose. I am not a SEBI Registered Analyst/Advisor. Please consult your financial advisor before taking any position and please use a Stop Loss for any Investments/Trading Positions. It is your hard earned money so give risk management your highest attention. Do take this disclaimer seriously.
Powerful base breakout in this power generation company!NSE:SJVN
This company is into THERMAL / HYDRO / RENEWABLE power generation and distribution.
Key technicals:
- The stock price has made a huge base breakout on weekly charts closing above previous high made somewhere in 2018
- Volume has been consistently increasing over the past few weeks
- The stock returns have largely outperformed the nifty returns since Q1 this year
- Stock not in overbought zone
- Stock not in ASM/GSM lists
Key fundamentals:
- Dividend yield higher than sectoral peers
- PE ratio lower than sector
- EBIDTA and NPM margins on the rise since last 4 quarters, same goes with sales
- Debt to equity is well lower than 1 with ~5x interest coverage
- Promoter holding is significant with no pledging
Godavari Power Huge Upside 355++As of now after Bonus and Split stock fallen more than 25% and shown good recovery...
Now its at there resistance zone and consolidating at this CMP zone which is showing it is getting ready for big move....
Tommorrow Company is going to post its result and Rsults might breaks expected results numbers..
So We Can go long Above 297 For 330/355...With SL Of 270...
swing trade setupLOGIC,LEVEL AND TARGET WELL MENTIONED IN THE CHART
NOTE -The above interpretation from the chart is my personal view and doesn't guarantee any success.
(Do talk to your financial advisor before making any investment decisions)
please like, share and comment if you have any suggestion regarding this analysis.
NTPC can go above 198.70 ??Answer is big yes !! NTPC s a power sector company with huge profits we can enter into this at this time if it sustains above it's level . Fundamentally it is very strong because it is just moving around its B.V and providing huge profits and dividend. If it goes up we can accumulate it in as percentage for higher returns .So, we can enter into this but if it falls from now at every break down we can accumulate and make it as average . We will see it above 198.70 in few months... Thank you guys ..
Bright chances of Hugh MoveThis is Monthly Timeframe.
PFC is near is resistance of a very long resistance line.
We saw a big breakout in TATA Power from power sector few months back.
Will it happen same with PFC?
The chances are looking bright as it is sideways for years.
And here, RR ratio is also looking good which 1:2 if I kept stoploss near the recent support.
It may also go above it's all time high.
Power demand is increasing. There a lot fundamental positive actions are taking place.
So it will benefit it.
This post is for information purpose only.
High Probability setup with (R/R-1:3)LOGIC,LEVEL AND TARGET WELL MENTIONED IN THE CHART
NOTE -The above interpretation from the chart is my personal view and doesn't guarantee any success.
(Do talk to your financial advisor before making any investment decisions)
please like, share and comment if you have any suggestion regarding this analysis