What 1-hour chart says? Fundamental Development:-
Why Coinbase is banning slide decks and 'endless meetings'
Crypto exchange Coin base is getting rid of slide decks and “endless meetings” as a way to improve productivity following the purge of roughly 18% of employees last month.In a July 13 blog post, Coin base CEO Brian Armstrong noted that the company is currently focused on “driving more efficiency” as it continues to scale, pointing to a 200% year-on-year employee growth over 18 months that had started to put a strain on the firm’s organizational structure.He suggested that many major firms experiencing rapid growth generally end up becoming complacent and slowing down, while great companies do the opposite:“While this trajectory is natural, it is not inevitable. Every great company, from Amazon to Meta to Tesla, found ways to retain their founding energy in conjunction with appropriate controls, even as they scaled to be much larger than Coin base is today.”As part of the focus on efficiency, Armstrong stated the firm is “experimenting with banning slide decks in product engineering reviews” to speed up the product development process.“Inside growing companies, there’s a danger that product and engineering teams start shipping great slide decks instead of great products," said Armstrong.Slide decks are essentially a series of slides used for visual representation when presenting ideas. They are very popular ways to communicate big ideas but have a reputation for frequently not being realized.
Short Term Technical View: On daily time frame BTC is trading below 200&50 simple moving averages and trading between $19,400-$19,500 ranges.BTC is made low 19,200 and now consolidating within a range. Yesterday it made high near $20,400 and then it continue to decline. Bitcoin is struggling to gain momentum above $19,500.
Alternative Scenario: If Bitcoin fails to clear the $19,500 resistance zone, it could start another decline. An immediate support on the downside is near the $19,100 level.
Search in ideas for "AMAZON"
Hero moto — large trendHero motor is forming dark cloud cover in the short term (intraday) and has lot of downside in the weekly time frame.
Hero at CMP of 2650 has a lot of downside, given the steel excise-duty (news driven) rally after it's poor quarterly results.
Both their topline and bottom line were hit.
People are not buying hero motor bike; 24% decline in sales.
Net profits (bottom line) was hit by 30%.
Bearish outlook at the current market price, until next results. Results this poor have shown to plummet giants like Target and Amazon by unforeseen amounts.
While steel prices will give them more margin to work with; until sales improve in the next quarter, hero motor price action will explore 2300 levels. Not bullish on this stock until 2300 spot price.
Safe strategy: Sell up to two calls (CE) at spot price 2750 / 2700 / 2650 today, and hold for the rest of the month and eat premium.
Redington ready for breakout1. Buy or Sell at your own risk
2. Don't risk more than 1%-2% of your capital as stop loss
3. Position Size formula:- Stop Loss Amount/(Buy Price-Initial Stop Loss Price)
4. Sell on initial stop loss hit or daily RSI closing below 40
5. Some other ways to sell stocks can be
a. 25% or 50% up in three weeks or less
b. Weekly tailing tops with high volume
c. Exhaustion gaps
d. Heavy daily volume without further upside
e. Largest one day price drop
After a long consolidation since July 2021, NSE:REDINGTON is ready for a breakout. Volumes are also looking very good. If it grosses ₹180 with large volumes, buy with a stop at ₹160.
Other fundamentals:
1. TTM revenue growth of 12% and TTM sales growth of 111%.
2. QoQ revenue growth at 13%, QoQ EBITDA growth at 19% and QoQ PAT growth at 26%.
3. Borrowing came down from 2775Cr to 622Cr in 2021.
4. Debt to equity at 0.13 (less than 1 is good), Interest Coverage at 14.8 (greater than 3 is good), Current ratio at 1.61 (greater than 1.5 is good), FCF to CFO at 92.4%.
5. The company has been maintaining a healthy dividend payout of 36.85%.
6. FII holdings increased from 39.01 in September 2021 to 40.05 in December 2021.
7. The regions that we operate in, the regions of India, South Asia, Middle East, Africa, Turkey all of these countries happen to be in a very positive zone from a GDP perspective. The prognosis is going forward for each of these countries is very strong positive GDP growth and also an associated strong ICT (information and communication technology) growth as well. The reason why ICT and GDP are going hand in hand over there is, there is a very strong infrastructure push by government in these regions, in these countries to make sure that there is investment led growth that is taking place and obviously that is consumption led but largely most of these regions were driven by consumption but now they happen to be driven by investment as well and that is something which is far more sustainable from a long-term perspective. (excerpt from Concall February 22)
8. The other thing that we are seeing apart from tech consumption is a manner in which tech is getting consumed. The buying behavior is shifting. What we will buy and how they buy is shifting. So, people used to buy in a very capital intensive manner but all of that is shifting to “as-a-service” model, product to service is shift from owned to subscription base model and then people are also shifting from a business model of a brick and mortar which is very strong of the retail into the shop-showroom kind of a buying and they are shifting to a lot more online omnichannel and everything in between. There is an omnichannel world we are seeing to play out as we speak and I feel good about the fact that we are in a very strong position to maximize and capitalize on all the trends that are taking place right in the market because our play is purely technology. (excerpt from Concall February 22)
9. Being the second largest distributor of IT products in India, it is a premier distributor of products for 200 + global technology vendors. It also leverages its presence in the field of Repairs and maintenance of technology products & Infrastructure.
10. Apple, Nokia, amazon web services, SYSTIMAX SOLUTIONS, HITACHI, Red Hat, SanDisk, McAfee SECURE, Western Digital, Microsoft, HUAWEI, FORTINET, ASUS, AVAYA, AUTODESK, Acer, Canon are few of its reputed Brand partners.
11. EBITDA margin is going in right direction and that is absolutely a reality and the reason that this is taking place is because you would find that we are in the market situation where there is a demand and there is a demand which is chasing supply right now, so it is not the other way around. As demand is outstripping supply at the moment, that allows you to have a higher gross margin business and we are just close to higher EBITDA margin as well. That is one part of the business. Secondly, while Apple has been lower in business but the margin is happening. Also, a lot of these margins are driven by a growth in the enterprise business, enterprise business which is server, storage, network, software, cloud, and services around that, those are ones which is a great driver of margin and profitability. Our enterprise business in this quarter has grown 28%, so I think that is a very strong growth and it is obviously different for Middle East and different for India but overall, at a consolidated level, the business has grown that much. It is a very strong growth and that is really leading to a higher EBITDA margin. It is the business mix that is shifting a lot more towards enterprise which is giving us lot more margins. (excerpt from Concall February 22)
12. Our Cloud business for the quarter, Q3 is Rs. 411 crs and that is a very strong 35% YoY growth. Services as a proportion of Cloud business is just about 3%. It is not that great but it still trending in the right direction and as you go forward, I think that is the area like I said earlier the consumption for model across the world is changing into much more as a service model and Cloud plays straight into that, from an enterprise perspective. So we expect a very strong growth in Cloud. The margins of enterprise business are better off generally. The cloud hardware and cloud product business, runs at a similar margin as the enterprise level which will be around in the range of ~6% but the cloud services business runs at a much higher margin which is in the range of ~25% to 30%. (excerpt from Concall February 22)
13. It is difficult to hazard a guess on from the perspective of what exact growth number would you want to look for but I can tell you the prognosis for ICT industry in India is 8.8% growth over the course of next one year, the prognosis for ICT industry in the Middle East and Africa over the course of next couple of quarters which is the full year is about 2.7% to 2.8%. The thing that I can show you is that we will always be trying to grow ahead of the market beating a market by a factor, I think that is all I think it is only products to say but our growth does not come literally only from that growth, our growth has got many other dimensions. These are their dimensions of what brands we can acquire, what geographies is that we can open up for ourselves, what new markets we can really capture and how we can do share gains, all of that from playing last year the industry whatever it did and we are doing much faster than the industry and we should continue to grow faster than industry over the course of next couple of quarters. (excerpt from Concall February 22)
14. We have a double-digit growth target. I cannot give the exact number. That would be very forward-looking statement, but I can let you know that we will take target double digit growth. (excerpt from Concall February 22)
15. I think 5G opportunity you are trying to crystal gaze in three years to five years’ timeframe, 5G like I said is going to be a game changer for a lot of our industries whether it is healthcare or it is retail, it is manufacturing of the industry, food or it has any film editing, video, etc. For all those industries, 5G is going to be a game changer. It is a game changer because the way the direction in which the world is moving, it is moving towards a lot more voice enabled and a lot more video enabled, all of that is fueled by 5G. (excerpt from Concall February 22)
CANTABIL breakout1. Buy or Sell at your own risk
2. Don't risk more than 1%-2% of your capital as stop loss
3. Position Size formula:- Stop Loss Amount/(Buy Price-Initial Stop Loss Price)
4. Sell on initial stop loss hit or daily RSI closing below 40
5. Some other ways to sell stocks can be
a. 25% or 50% up in three weeks or less
b. Weekly tailing tops with high volume
c. Exhaustion gaps
d. Heavy daily volume without further upside
e. Largest one day price drop
after a consolidation in 7th february 2022, NSE:CANTABIL gave a breakout on 1st April 2022. This breakout came on the backdrop of quarterly sales growth of 35%, quarter profit growth of 134%, TTM sales growth of 32% and TTM profit growth of 436%. It is a buy with a stop just below Rs.925.
Other fundamentals:
1. CANTABIL caters to the middle class with over 300 stores across India. It markets its products under the following brands:
CROZO is an exclusive brand for women.
Lil’ Potatoes is an exclusive brand for kids from 3 - 14 years with high fabric quality and a soft hand feel.
KANESTON is present in the hosiery industries and deals in men’s accessories like innerwear, ties, deo, etc.
2. It has 378 Exclusive Brand Outlets.
3. It entered the e-commerce space through Flipkart, Amazon, etc. in FY20.
4. Its target is to reach over 650 stores with a target turnover of Rs.1000 crores by 2025 by providing the best brand mix.
5. Debtor days improved from 23 in March 2019 to 6 in March 2021.
6. Promoter holdings increased from 74.23 in September 2020 to 74.81 in December 2021.
Nasdaq 100 InvestmentAn overview of the Nasdaq-100 index (NDX)
The Nasdaq-100 is one of the world’s preeminent large-cap growth indexes. It includes 100 of the largest domestic and international non-financial companies listed on the Nasdaq Stock Market based on market capitalization. It is home to the four companies who have touched the trillion-dollar mark in the US: Apple (AAPL), Amazon (AMZN), Microsoft (MSFT), and Alphabet (GOOG, GOOGL).
The prominence of these companies along with other technology leaders such as Cisco (CSCO), Qualcomm (QCOM), Intel (INTC), NVIDIA (NVDA), Micron (MU), Adobe (ADBE), Advanced Micro Devices (AMD), and Baidu (BIDU) often create an impression of it as a technology index.
While technology is a dominant segment in the index, it is well-balanced by sectors such as consumer services, healthcare, consumer goods, and industrials which constitute the other 50%. Consumer services companies account for almost a quarter of the cap weight, up from 17% a decade ago.
Within healthcare, Nasdaq-100 is home to some of the most prominent biotechnology companies such as Gilead (GILD), Regeneron (REGN), Vertex (VRTX), and Amgen (AMGN). These companies are working on cutting edge research. Recently, Regeneron Pharmaceuticals announced important advances in novel COVID-19 antibody program while Gilead has initiated two Phase 3 clinical studies to evaluate the safety and efficacy of remdesivir (investigational nucleotide analog) in adults diagnosed with COVID-19. China’s health authorities have initiated two clinical trials in patients to determine remdesivir’s potential for treatment for the coronavirus.
If we look at current market trends, companies such as Zoom (ZM) are surging on the work-from-home model while others, such as American Airlines (AAL), and Expedia (EXPE), are struggling due to travel halt.
The index holds consumption-led companies such as Netflix (NFLX), Pepsi (PEP), Costco (COST), and Starbucks (SBUX), some of which are suffering due to supply chain bottlenecks and lockdowns while others are partial beneficiaries of the current chaos.
As we look at the larger picture, the NDX is a diversified mix of sound companies and is better positioned compared to the S&P 500 due to the negligible or complete absence of sectors such as energy and financials. One thing which is unique to this index is its focus on companies which are symbolic of innovation and future growth. Since 2008, the Nasdaq-100 has generated higher growth rates than competing indexes, such as S&P 500 Index and the Russell 1000 Growth Index.
PFOCUS Interesting CompanyKEY POINTS
plz try to read it 🙏
Milestones ✔️
It is the first company in India to offer a high-end post-production finishing system, film scanning, and recording system. It is also the first in South Asia to offer a 4K DI Facility.
Its technology division, Prime Focus Technologies, deployed the World’s first Hybrid Cloud platform “CLEARTM” in 2009.
It is the first company in the world to convert an entire Hollywood film from 2D to 3D - transforming the stereo conversion services landscape forever.
After the acquisition of Double Negative in July 2014, it became one of the largest independent Visual Effects (VFX) service providers in the world.
It owns India’s largest integrated studio with 25% capacity of Mumbai studio market and
Products ✔️
The Company operates in three major segments which include:
1. Creative services (85%) like visual effects, stereo 3D conversion, and animation.
2. Tech/Tech-Enabled Services (10%) like Media ERP Suite and Cloud-enabled media services.
3. India’s Film & Media Services (5%) - Production and Postproduction services.
Revenue ✔️
Its revenue distribution on the basis of:
The contract is annuity 81% and project 19%.
Product Mix: Services contribute 51% and products 49%.
Region is India 71% and RoW 29% (mainly UK and Canada).
The company derives more than 86% of its revenue from Hollywood.
The revenues from VFX segment grew by 25% to Rs. 49.5 billion in 2019 and is expected to reach Rs. 89.3 billion by 2022.
Customers ✔️
PFL caters to players across the entire media industry value chain and across the product lifecycle of media content. Its major clients include top Hollywood and Indian studios and media companies across the globe:
Studios – Warner Bros., Disney, Netflix, etc.
Broadcast networks – Bloomberg, Disney, Star, etc.
Others – ICC, BCCI, Amazon, etc.
Open Offer ✔️
An open offer was made by A2R Holdings (Acquirer) along with ARR Studio Private Limited and Mr͘ Namit Malhotra for acquisition of up to 8 crore shares representing 26% of the Target Company, at a price of INR 44.15 per share.
Recent Developments ✔️
It has entered into several partnerships like with the Whip Media Group.
Several companies ceased to be the subsidiary (like Prime Focus VFX USA Inc.) of Prime Focus Ltd. while others were merged (like DNEG Creative Services Limited and Double Negative India Private Limited were amalgamated with DNEG India Media Services Limited).
It made several improvements in CLEARTM like introducing the CLEAR Vision Cloud, a media recognition AI platform.
Focus ✔️
In Creative Services it aims to expand their global footprint and diversify the business across content formats. It also expects a growth in cross-selling through bundled VFX, etc.
In Tech/Tech-Enabled Services it aims to sign more strategic deals and increase revenue from existing clients by offering new modules and analytics.
Key Managerial Personnel ✔️
Mr. Naresh Mahendranath Malhotra was appointed as the Chairman w.e.f. May 01, 2020
RELIANCE: An Invincible (Report of 50% yield)IID-02
RELIANCE INDUSTRY.
REGIME 🔍
Overview
Quantitative analysis
Qualitative analysis
Final words
Overview 📜
{
Reliance is based on a multi-functional business model worth 16T engaged as the biggest player in private sector corporation in India.
These are the basic things that everyone has aware of about founders, historic performance, product recognization, fortune 500, etc.
A simple seductive POV about the company has it's a cruise in the ocean surrounded by small ships and for the long-term view facing waves will be much easier and full of opportunities as compared to the ships with a small market cap.
Let's come to characterization.
1. Revenue Split: 🟢
Refining & Marketing Business (50% of revenue)
It accounts for ~27% of the total oil refining capacity of India
Retail Business (21% of revenue)
The company's subsidiary, Reliance Retail Ltd (RRL) is India's largest retailer by revenue and profitability. It operates about 11,800 stores across India and caters to the demand of over 125 million registered customers
Digital Services Business (Jio) (9% of revenue)
The digital services business is the most profitable with an EBITDA Margin of 33%
The competitiveness in terms of their SWOT principles put out companies like Vodafone from the lane and a fatal threat to Airtel. Reliance sold a stake in Jio Platforms Ltd to make it a debt-free company by March 2021. It sold a 33% stake for ~1.5 lakh crores to 13 marquee investors like Facebook, Qualcomm, Google, KKR, Silver lake, etc. in just 2 months.
Petrochemicals Business (19% of revenue)
It has various petrochemical plants in India located in Dahej, Hazira, Hoshiarpur, Jamnagar, Vadodara, and other cities.
Oil and Gas Exploration & Production Business (0.5% of revenue)
It produces oil & gas in the U.S. shale in 2 separate Joint Ventures with major oil giant Chevron and Ensign Natural resources.
Media & Entertainment (1% of revenue)
Reliance is the owner of Network 18 Media which operates 56 channels in India spanning news and entertainment. It is also in the Film industry through Viacom studios and Jio Studios.
2. Service Area: 🟢
Hydrocarbon exploration and production
Petroleum refining and marketing
Petrochemicals
Textile
Retail
Digital
Financial services businesses
3 Explicit Data: 2022 🟢
Reliance has fragmented into 5 sectors with their 352 subsidiaries.
Recent acquisitions
[
1. 7-Eleven:
From Retail business (21% revenue) Reliance with their subsidiary Reliance Retail Ventures (RRVL) that wholly-owned subsidiary 7-India Convenience Retail, entered into a master franchise agreement with 7-Eleven, Inc (SEI) for the launch of 7-Eleven convenience stores in India
2. Ritika Pvt Ltd:
Reliance Retail Ventures acquired a 52 percent equity stake in Ritika Pvt Ltd alongside with 7-Eleven on October 21
3. JustDial:
RRVL acquired 1.31 crore equity shares of JustDial. It now holds 40.98 percent in Just Dial. Reliance has taken sole control of Just Dial by the Securities and Exchange Board of India (SEBI) takeover regulations with effect from September 1, 2021.
4. Dunzo:
Reliance Retail acquired a 25.8 percent stake in Bengaluru-based Dunzo, valuing the company at about $800 million. The acquisition is made in January 2022
5. Mandarin Oriental:
Reliance Industrial Investments and Holdings Limited (RIIHL) is going to acquire a 73.37% stake in the premium luxury hotel of Newyork. The deal will be expected to close by March 2022
6. Addverb:
In January 2022, Reliance Retail acquired a 54% stake in domestic robotics company Addverb for USD 132 million (about Rs 983 crore). With this investment, Reliance Retail became the largest shareholder in the company. (Representative Image)
7. Netmeds:
Reliance Industries (RIL) acquired a 60% stake in online pharmacy Netmeds for Rs 620 crore. The acquisition is made in August 2022
]
4 Takeovers 2022 🟢
Key takeaways
Reliance has announced warfare somewhat similar to digital services back in 2016 when they eliminate their rivals Idea & Vodafone bt=y launching JIO.
Now Reliance is ready to take on the likes of Amazon, Netflix, and Hotstar. Reliance has roped Uday Shankar, former Star & Disney India chairman, and James Murdoch, as strategic partners in the growing media business. Currently, Reliance is holding a 73% stake in Network18 which has a joint venture with Viacom18. Viacom18 offers 53 channels and reaches around 600 million Indians monthly.
Digital Services Sector (Growing rapidly at 22% growth)
1. Zee Entertainment and Sony Pictures Networks India (26.6%)
2. Star-Disney (18.6%)
3. Network18 (51%)
We believe that in upcoming quarters Reliance will adapt to higher growth strategies with the help of Digital services as Viacom18 has just started building its sports portfolio and already owns multiple media sports rights.
}
Quantitative analysis 💰
{
Fundamentals 🟢
1. PE: 29 as compared to its peers IOC and BPCL in refineries 4.45 and 6.74 significantly higher.
2. M.Cap: 16T (largest in the nation)
3. D/E Ratio: 0.36 (insignificant)
4. Book-Value: 1.91 (greater than 1) and 90% to its peer IOC (0.56)
5. Sales: Increased by 66% QoQ (Q4)
6. OPM%: 36% QoQ
7. PAT: Surged by 47% QoQ
8. ROCE & ROE: 7.42% vs 9.89% Expected YOY
9. Reserves: Increased by 12.5%
10. Contingent liabilities: Decreased by 48% YoY
Key takeaways 🟢
1. MarketCap is 16T, Revenue is 6.4T, Earnings are 541b (⭐)
2. Dividend Yield: 0.29 vs peers 9% in refineries (⭕)
3. P/E company vs market: 27.6x vs 22x (⭕)
4. P/B company vs market: 2x vs 1.7x (⭕)
5. Future growth: 48% YoY (FY 2021-2022) expected (⭐)
Taking the current position of the company and growth of 48% company earnings is likely to burst from 72,749 Cr to 107,668 in the FY 2022-2023
Technicals 🟢
Behaviour
1. Trend Identification: Uptrend
2. Consistent volume: (Yes) above 26m Weekly
3. Individual Resistance/Support: Weekly 1Billion
4. Individual Support/Demand: 700 million
5. Current Resistance: 220m light one.
6. Market Cycle: Primary Trend with sideway distribution (1W)
7. MA Support: Above 50MA holding twice (Strong)
8. Fib retracement: 0.06
Momentum
1. Multi-frame: Monthly- Retest, Weekly-Upside
2. Wave analysis: Broken the markdown,
3. Higher Highs: Broken the last lower highs
4. Lower-Lows: Rejection
Pattern
1. Structure: Pennant integrated within ascending flag (Bullish)
2. Trendline: 9-month uptrend & 4 wicks support
3. Wick Identification: Not identifiable
FCFM 🟢
What is FCFM?
FCFM is a Fractal Core of Financial Markets developed by CENTURY. It's based on the empirical values taken through compounding markups or markdowns of particular Security.
FCFM helps to evaluate the future valuation of security with the companionship of market participants and circumstances of consecutive +ve corporate earnings.
Current Zones
FCFM Demand/Support: 2050
FCFM Resistance/Supply: 2750
Future Zones
FCFM Demand/Support: 2050
FCFM Resistance/Supply: 2750
FCFM has relevant levels considering the corporate earnings of Reliance Industry has increased QoQ and YoY by 47% and 44% respectively.
}
Qualitative Analysis 💎
{
Management 🟢
The reliance industry has well qualified and full of combativeness leadership team having experience of over 9years. From JIO to Petrochemical their strategical approach of keeping the cruise on lane has pushed the management handful skills higher.
Leadership including Mukesh Ambani (chairman) to Srikanth Venkatachari (Joint Chief Financial Officers) & Alok Agarwal (Joint Chief Financial Officers) have well-sniffed experience towards competitiveness
Ownership 🟢
Promoters: 50.61
FIIs: 24.75
DIIs: 13.62
Government: 0.17
Public: 10.85
Top Shareholders 🟢
1. Srichakra Commercials Llp (11.64)
2. Devarshi Commercials LLP (8.58%)
3. Life Insurance Corporation of India (6.37%)
4. The Vanguard Group, Inc. (2.08%)
5. SBI Funds Management Private Limited (1.63%)
6. BlackRock, Inc. (1.54%)
7. J.P. Morgan Asset Management, Inc. (0.5%)
SWOT Analysis 🟢
1. Strenght
- First private sector corporation in India count in Fortune 500
- Largest Markcap in India
- Reliance has fragmented into 5 sectors with their 352 subsidiaries
- Brand Value and recognizable among major sectors.
- Operational Advantage in refining.
2. Weakness
- Production declining in exploratory blocks
- Not much, Reliance has maintained a quite well health position.
3. Opportunity
- Capex growth for new overtakes and plants
- Acquisitions across the nation
- Emerging into multi-sectors.
- Investing in attractive international oil and gas destinations
4. Threat
- In Refineries, RIL peers have high earnings growth, and dividend distribution is maintained in main earnings.
- In Retail, RIL faces stiff competition from the Future group, D-Mart, etc. Such competition limits market share.
- In telecom, Jio is up against the giants of the industry like Vodafone, Airtel, and Idea. These companies are looking for a chance to regain customers lost to Jio.
}
Final Words 💊
{
RIL is a cruise in the service of charming benefits among shareholders. But cruise needs high maintenance charges and to keep the cruise on lane navigators (promoters) compensation is a key point.
Until the management is strong RIL is the safest one, if the management failed no matter how's the company profit is, Vision is the only key in case of reliance to keep floating and beating the heights of waves. In simple RIL is a competitor for the majority of companies in India and a lot of employment is under RIL. Innovative ideas with good capital budgeting will keep things easy.
The given targets for RIL are relevant as FCFM validates and certifies the required parameters.
FCFM
ABP (Average buy price) / BV (Book Value): 2050rs
FV (Future Value): 3700 Year 2023
}
Report By-
Rajveer Singh Scolia
NSE:RELIANCE
DOGECOIN vs SHIBA INU | Which one to buy?If you personally ask me which one of them to buy, I would say 'none'. They both are very risky, and are memecoins to be very particular. But still, if you want me to do the analysis on both, then continue reading this article.
Dogecoin’s market capitalization is $35.04B currently, whereas Shiba Inu’s market capitalization is $34.77B as of now. Shib crossed Doge a few hours ago and went till $42B to become the 9th largest cryptocurrency in the world.
Dogecoin was made for fun due to the circulation of a meme on the internet in 2013. But, Elon Musk has eyes on it, so it might make its fundamentals good. Whereas, Shib is a Decentralized Finance Network, they have a ShibaSwap too, for exchange of the currency. They take their tech from Ethereum Network. Shiba also claims to help the poor dogs with the money, but no proofs have been shown till now. They also donate to the society through the Amazon Smile initiative.
The man behind Dogecoins’s survival is Elon Musk and his team. He claims that Tesla employees uses Dogecoins for transactions too. Whereas Shib used Ethereum’s founder in its initial days. They sent 50% of Shib’s produce to Vitalik (Ethereum’s founder), out of which 90% was burnt by him by sending into unknown wallets without keys, and the remaining 10% (around $1B) was donated to India’s Covid Relief Fund. The current whale behind Shib’s pump is assumed to be Shib’s founder, Ryoshi.
The Twitter followers of Dogecoin’s official page are 2.3M, whereas Shib’s Twitter page has 1.7M followers.
Level of risk is equal in both, which is very high. But, I think that Elon Musk might help Doge’s team in making it a better coin, whereas Shib is very speculative.
So, out of these two, I would choose $DOGE as there is some trust because of Elon Musk, whereas Shiba Inu has so much pump left to be done. If you’re someone who likes to take big risks in return of big profits, you might go for $SHIB.
DO CHECK OUT THE NEXT PUMP ON SHIB THROUGH THE LINK AT THE END OF THIS IDEA!
A Zomato Analysis.Hello there!
what an upward trend it is to see.
Resistance at 147 levels, Support at 135 levels.
But!
Is it overpriced for the kind of industry it is in? well, a company that has burnt nearly $2 Billion to get to a stage where it is today, and still is in requirement of cash to survive/grow in the future, May be, Yes!
I agree market's optimistic about the future.
However, here are some problems that I think will have an impact on the growth of the company.
No Company ( From DoorDash to Zomato ) in this industry has figured a way out to be profitable till date.
Threat of New Entrants like Amazon Food.
The growth seems in hands, when I think the following situation favors Zomato.
1) Rise in the Per capita GDP of INDIA. (More the discretionary income, More are the chances that an Individual orders Online)
2) Digitalization - India's Internet penetration rate stood at around 50 percent in 2020, it meant that nearly half of the population of 1.37
billion people had access to internet. (Not even comparing with China now.)
3) Eating Habits - A pre-disposition on the part of the populace, to eat out. (you know, "Ghar ka khana")
The size of the food delivery market in future years will be determined by how robustly the Indian economy will grow in the next few years, how quickly digitization continues its advance in the country and if and whether we become more open to eating out than we have historically.
AMZN 1 Year Old Resistance Broken and Pullback Level TestedAMZN was Testing this level since Sep 2020, which recently had a Breakout @3575 Level. The Pull Back is also Complete and the @3575 Levels are tested.
This level was very strong Resistance for AMZN Price, which after breakout technically got converted into a Strong Support.
Might Think of going long with Stops around @3500.
Do follow for more trading setups like these
Thanks, if you have any queries/suggestions related to above pattern, feel free to type below in the comment section.
Bank Nifty Options 19 July 2021As discussed before open , market remained in a range bound mode whole day with Nifty making a low at our projection of 15882. nifty made a low of 15882.6 , bank nifty made a low of 35674 against our projection of 35681.
All projections of day low / high are shared before open on Nifty raiders platform ( description below )
Algo trading using AWS ( amazon web services ) server has resumed clocking 14% throughout the week. ( description below )
Decision range
35772-35820
Support for the day
35617
Resistance for the day
35928
Expectations
Trend day
Real time updates
Nifty raiders and public platform updated before and during mkt hours ( description and contact below )
Fundamentals does matterIdea reached the high of Rs.13.8 ignoring the Fundamentals and once people started realizing its worth, it started to fall.
Too many indications which shows adds up to the fall:
1. Weak Fundamentals
2. Trading near the downward channel which started in 2015 and Idea is not strong enough for the breakout
3. It slipped down from the Orange Line(Trend line)
4. 200 days EMA is broken
5. Decreasing users
After considering the above,
We can see Idea at Rs.5 levels very soon.
Idea took the rally from Rs.5 level after the false news of Amazon planning to invest in Idea.
Now that it is clear, MNC's are busy tearing down the FUTURE of potential companies that are on the verge of Bankruptcy,
we cannot expect them to revive a company like IDEA.
Revival depends on the people who are living around it and not by pumping more and more funds into..
At present, i don't feel that idea has the potential to break the purple line.
If my predication is as good as the market decision of the idea share to be at, we can expect the share trading at Rs.5
Great entry point with Supper Powerful Bullish setup!Technical analysis shows new strength emerging in TATA Consumer.
Fundamentals in favor:
1. Company's leadership is trying to reduce debt & working capital year on year
2. Market leader in Salt & Tea (Almost monopoly)
3. Venturing into other ready made kitchen segments : idle, poha & etc
4. Acquisition of Big basket will transform this company into 3rd e retail giant after Amazon & jio Mart.
5. Only FMCG company capable of +20% ROCE for next 4-5 years!!
Verdict: If you can happily invest & forget about it for next 3 years, then it will easy give around 200% returns!
Disclosure: Invested, Follow your risk management if you may enter.
#GATI #BREAKOUT #AMZN #FLIPKART #AMAZON #DELIVERY #DELHIVERY #IT#GATI
Gati Ltd.
NSE:GATI
CMP: 88.10
Target: 98++
Time Frame: <1 month.
Breakouts better than all others!
Enter now and earn well!
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hop TRIT and jump right back to Bull territoryOn 12/16 Oppenheimer views TRIT as "potential Amazon of Blockchain" with a price target of $23 to crashing the very next day due to their largest customer, Antanium Resources filing bankruptcy. TRIT states they will "make revenue and net income guidance for fiscal year ending Feb 2021". There was definitely no shortage of bears around when this news posted but looks like they took all their honey and the few that are left are getting their fat azzez squeezed right out of TRIT town. Fundamentally, this is situation will not last long as TRIT is positioned to get back on track ASAP
RELIANCE AT SIGNIFICANT SUPPORT LEVELIn the last few trading sessions, we have seen huge sell offs in Reliance. NIFTY has sustained below 12000 for over a few trading session but reliance value has been bleeding out.
The case between Amazon - Future Group - Reliance has been in the lime light causing much trouble in the investors minds.
RELIANCE MAKING ALL TIME HIGH EVERY OTHER DAY - VERY BULLISHFrom my chart last week, We saw the breakout as per the idea I had posted. Reliance is still BULLISH.
Reliance Retail arm is still looking to add in more investments in the coming weeks. They've litreally put SoftBank on hold for investing in Reliance Retail.
The deal of 20B$ from Amazon in Reliance Retail is yet to solidfy.
Long positions away!