After falling 25% Nifty50 stock is giving good entry to go long Hello Everyone, i hope you all will be doing good in your trading and your life as well. Today i have brought Bajaj-Auto stock which has fallen 25% from all time high and now trading at importance support zone, There is higher probability for reversal from these levels. It is giving good entry for short term to long term traders and investors.
Bajaj Auto, the flagship company of Bajaj Group, is a two-wheeler and three-wheeler manufacturing company that exports to 79 countries across several countries in Latin America, Southeast Asia, and many more. Its headquarter is in Pune, India.
It has acquired 48% of the KTM Brand which manufactures sports and super sports two-wheelers, which was 14% in 2007 when the company first acquired KTM.
Market Leadership:-
The company is the 2nd-largest player in the domestic motorcycle segment in terms of volume. It is the largest 3W producer in the world and the largest exporter of 2W and 3W from India.
Manufacturing Capacity:-
The company has five manufacturing plants, of which two are in Chakan and one each in Waluj, Akurdi, and Pantnagar, with a total installed capacity of 7.1 million units per annum.
Expansion:-
In FY24, the company set up a new plant in Brazil with an initial capacity of 20k units/ month that commenced commercial production on Jun 24. It will incur capex of Rs. 600 Cr -Rs. 700 Cr in FY25-FY26, largely towards maintenance activities.
Vehicle Financing:-
Its wholly-owned captive financing company Bajaj Auto Credit Ltd. commenced business in Maharashtra and Goa on 1st Jan 24 and expanded to Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana, Rajasthan, and Gujarat. It plans to cover all the balance states by FY25. On Apr 24, the board approved additional investment in BACL of Rs. 2250 Cr, in addition to the existing Rs. 600 Cr approved earlier, to fund its expansion plans.
Market Cap
₹ 2,72,363 Cr.
Current Price
₹ 9,753
High / Low
₹ 12,774 / 5,285
Stock P/E
36.9
Book Value
₹ 1,109
Dividend Yield
0.80 %
ROCE
33.5 %
ROE
26.5 %
Face Value
₹ 10.0
Industry PE
64.6
Debt
₹ 5,245 Cr.
EPS
₹ 263
Promoter holding
55.0 %
Intrinsic Value
₹ 3,891
Pledged percentage
0.01 %
EVEBITDA
25.8
Change in Prom Hold
-0.01 %
Profit Var 5Yrs
10.7 %
Sales growth 5Years
8.13 %
Return over 5years
25.2 %
Debt to equity
0.17
Net profit
₹ 7,371 Cr.
ROE 5Yr
21.8 %
Profit growth
7.74 %
Earnings yield
3.64 %
PEG Ratio
3.46
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
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Shorttermtradingidea
Dr Reddy is Ready to fly in blue sky, Short term Trading Idea .I hope you all will be doing good in your life and your trading as well. I have brought a stock which has formed a pull back pattern and taken support at previous breakout zone. Stock name is Dr. Reddy's Laboratories Ltd and it is a leading India-based pharmaceutical company which offers a portfolio of products and services, including Active Pharmaceutical Ingredients (APIs), Custom Pharmaceutical services (CPS), generics, biosimilars and differentiated formulations.
Stock is good for short term trading idea as it has taken support in the previous breakout zone. Stock is good for long term investing as well. This can be best SIP stock to invest and get handsome returns in future.
Market Cap
₹ 1,09,439 Cr.
Current Price
₹ 1,312
High / Low
₹ 1,421 / 1,041
Stock P/E
19.7
Book Value
₹ 339
Dividend Yield
0.61 %
ROCE
26.5 %
ROE
21.4 %
Face Value
₹ 1.00
Industry PE
34.5
Debt
₹ 2,002 Cr.
EPS
₹ 66.7
Promoter holding
26.6 %
Intrinsic Value
₹ 1,033
Pledged percentage
0.00 %
EVEBITDA
12.3
Change in Prom Hold
-0.01 %
Profit Var 5Yrs
24.4 %
Sales growth 5Years
12.6 %
Return over 5years
18.9 %
Debt to equity
0.07
Net profit
₹ 5,565 Cr.
ROE 5Yr
16.7 %
Profit growth
17.8 %
Earnings yield
6.77 %
PEG Ratio
0.81
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.
Short Term Trading idea in Dr. Lal Pathlabs, 17% upside possibleHello everyone, i hope you all will be doing good in your life and your trading as well. Today i have just brought a short term idea in Lab stocks. Stock name is Dr. Lal Pathlabs Ltd. and it is one of India’s leading consumer healthcare brand in diagnostic services. It has an integrated nationwide network, where patients and healthcare providers are offered a broad range of diagnostic and related healthcare tests and services for use in: core testing, patient diagnosis and the prevention, monitoring and treatment of disease and other health conditions. The services of DLPL are aimed at individual patients, hospitals and other healthcare providers and corporates.
Stock has given near term consolidation breakout on daily and weekly time frame. Stock can travel towards all time high levels from here, I have already mention all the levels like stop loss and Targets. Stock is really good for long term investing as well. But for now i have just added kind of short term Idea. Please follow the levels.
Market Cap
₹ 29,198 Cr.
Current Price
₹ 3,494
High / Low
₹ 3,525 / 1,943
Stock P/E
76.5
Book Value
₹ 222
Dividend Yield
0.69 %
ROCE
25.2 %
ROE
20.4 %
Face Value
₹ 10.0
Industry PE
53.6
Debt
₹ 247 Cr.
EPS
₹ 45.7
Promoter holding
54.6 %
Intrinsic Value
₹ 743
Pledged percentage
0.00 %
EVEBITDA
40.4
Change in Prom Hold
0.00 %
Profit Var 5Yrs
12.4 %
Sales growth 5Years
13.1 %
Return over 5years
20.9 %
Debt to equity
0.13
Net profit
₹ 386 Cr.
ROE 5Yr
21.3 %
Profit growth
44.6 %
Earnings yield
1.97 %
PEG Ratio
6.15
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
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20% upside possible in TATA Group (FMCG) Stock in short termHello i hope you all will be doing good in your life and your trading as well, today i have brought a stock which is belongs from TATA Group and stock in from FMCG sector. Stock is forming narrow Contractions which comes in volume contraction Pattern. Soon stock can give breakout of the zones which i have marked above in chart. Stock is good to go as positionally for short term to medium term. I will explain about this VCP method in next paragraph.
The Volatility Contraction Pattern (VCP) is a technical chart pattern used in stock trading to help identify potential buying opportunities and market breakouts. It's based on the idea that a period of low volatility is likely to follow a prolonged consolidation phase.
What it is?
A chart pattern that indicates a stock is preparing for a breakout.
How it works?
A price consolidation phase, where the price moves within a narrow range, followed by a breakout or breakdown.
Characteristics?
A series of smaller contractions, each tighter than the last, ideally with 2-4 contractions.
How it's created?
A supply and demand characteristic, created by institutions accumulating within a base.
How it's used?
To identify potential entry points for trades.
Note:- I have taken help of Google to explain about this pattern.
Tata Consumer Products Ltd. is one of the leading companies of the Tata Group, with presence in the food and beverages business in India and internationally. It is the second largest tea company globally and has significant market presence and leadership in many markets. In addition to South Asia (mainly India), it has presence in various other geographies including Canada, UK, North America, Australia, Europe, Middle East and Africa.
Market Cap
₹ 1,20,297 Cr.
Current Price
₹ 1,216
High / Low
₹ 1,254 / 844
Stock P/E
90.6
Book Value
₹ 162
Dividend Yield
0.64 %
ROCE
10.6 %
ROE
8.32 %
Face Value
₹ 1.00
Industry PE
30.1
Debt
₹ 3,477 Cr.
EPS
₹ 11.5
Promoter holding
33.8 %
Intrinsic Value
₹ 188
Pledged percentage
0.00 %
EVEBITDA
46.1
Change in Prom Hold
0.29 %
Profit Var 5Yrs
27.0 %
Sales growth 5Years
16.0 %
Return over 5years
34.4 %
Debt to equity
0.22
Net profit
₹ 1,167 Cr.
ROE 5Yr
6.83 %
Profit growth
15.9 %
Earnings yield
1.81 %
PEG Ratio
3.36
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.
Bullish Harami candlestick Pattern Seen near support zoneHello Everyone, i hope you all will be doing good in your trading and your life as well. I have brought a stock which has taken support near to important support zone and has formed bullish Harami (Pregnant Lady) candlestick pattern. Nifty is highly bullish so all the stocks giving participation in the rally, BPCL just have started. Behalf of this Harami candlestick pattern stock can react and take support in this zone and price can move upward from here. All the Targets, entry levels and the Stop loss has already mention on chart above. Please go through to know that.
First let's discuss about this Bulish Harami Candlestick Pattern.
Bullish Harami candlestick pattern is a price chart pattern that signals trend reversals in an ongoing bear market. Bullish Harami candlestick pattern is a two candlestick pattern in which there is a long bearish candlestick and small bullish candlestick pattern.
About
Bharat Petroleum Corporation is a public sector company which is engaged in the business of refining of crude oil and marketing of petroleum products.
Presence Across Value Chain
Retail (Petroleum) - The company owns 82 retail depots and operates ~20,000 retail outlets across India. Presently, it has a market share of ~26% in the domestic petroleum market.
LPG - The company owns and operates 54 LPG bottling plants and serves over 6,200 distributors of LPG in India. It has a base of ~9 crore customers with a market share of 27%.
Industrial/ Commercial - The company serves 8,000+ customers and provides them with a reliable supply of industrial and commercial petroleum products.
Aviation - The company has 56 aviation service stations across airports in India and has a 21% market share in ATF (Aviation Turbine Fuel) in the domestic market.
Lubricants - The company sells more than 400 grades of lubricant products through its own brand MAK Lubricants. It has a market share of ~25% through a base of over 18,000 customers.
Gas - The company has a customer base of 55+ major LNG customers. The company undertakes this business through its wholly owned subsidiary Bharat Gas Resources Ltd which has business interest in 50 GAs (geographical areas).
Market Cap
₹ 1,46,685 Cr.
Current Price
₹ 338
High / Low
₹ 367 / 166
Stock P/E
7.53
Book Value
₹ 174
Dividend Yield
6.21 %
ROCE
32.1 %
ROE
41.9 %
Face Value
₹ 10.0
Industry PE
10.4
Debt
₹ 54,599 Cr.
EPS
₹ 43.9
Promoter holding
53.0 %
Intrinsic Value
₹ 352
Pledged percentage
0.00 %
EVEBITDA
5.25
Change in Prom Hold
0.00 %
Profit Var 5Yrs
28.2 %
Sales growth 5Years
8.48 %
Return over 5years
7.77 %
Debt to equity
0.72
Net profit
₹ 19,056 Cr.
ROE 5Yr
23.0 %
Profit growth
-2.86 %
Earnings yield
15.5 %
PEG Ratio
0.27
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.
Neat & Clean Cup and Handle Pattern Breakout seen in INOXWINDHello everyone i have brought a stock which has given a breakout of Continuation pattern which called Cup and Handle Chart Pattern. Stock name is INOXWIND.
Inox Wind Limited is a part of the Inox Group. The company is engaged in the business of manufacturing Wind Turbine Generators (WTGs) and is a wind energy solutions provider servicing IPPs, Utilities, PSUs, Corporates and Retail Investors. Inox Wind Ltd is a fully integrated player in the wind energy market and provides end-to-end turnkey solutions.
Note:- Technically chart is looking bullish as it has given breakout of Cup and Handle pattern but fundamentally i have not find that much attractive, so i am not advising this stock for long term type, my view here is only for short term. Please follow strictly stop loss in this.
Let's learn about this pattern (Cup and Handle)
Q:- What is Cup and Handle Pattern?
Ans:- It is a bullish continuation pattern that occurs in an uptrend and signals that the price of the stock will continue to trend higher on completion of the pattern. The pattern gets its name from its shape which resembles that of a conventional tea cup with a handle. It is one of the most occuring pattern used across the world to spot dominant uptrend for taking long positions.
Q:- How to take entry and exit and where to keep stop in this Chart pattern?
Ans:-Entry Point: Place the trade when the price rises above the handle created resistance level. This breakout confirms the pattern and indicates the resumption of the uptrend.
Stop Loss and Take Profit: Set a stop-loss order below the handle’s support level to limit potential losses. Determine a take-profit level by measuring the depth of the cup and adding it to the breakout point.
Volume Confirmation: Keep an eye on volume during the breakout. Higher trading volume should accompany the breakout, indicating strong buying interest and validating the pattern’s reliability.
Monitor Price Action: Continuously monitor the price action after entering the trade. Consider trailing your stop loss to protect profits and adjust your take-profit target if necessary.
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
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Continuation Pattern Breakout seen in Crude oil Marketing stockHello everyone, i have brought a stock which has given a neat and clean Ascending triangle pattern Breakout with good volume spike stock name is HPCL, before to jump into stock i want to teach you guy's about this pattern so if you see from next time onwards, you can play this.
Q:- What is Ascending Triangle Pattern?
Ans by Rahul:- It is a bullish continuation pattern that occurs in an uptrend and signals that the price of the stock will continue to trend higher on completion of the pattern. This pattern shows that buyers are getting very aggresive and are likely to take prices higher once the price breaks through the pattern.
Q:- How to Trade this Ascending Triangle Pattern?
Ans by Rahul:- First of all you have to wait with patience to see a perfect breakout on chart with good volume spike. Then you have to take entry once breakout confirmed, and the potential target for the pattern is normally calculated by projecting the height of the Ascending triangle at it's thickest point above the breakout point and stop loss will be placed at the swing low which occurs just before the price breaks the resistance on the upside as shown in HPCL chart above. This will give us favorable risk to reward ratio.
So, I hope you now know about this pattern (Ascending Pattern). If you really learned something, don't forget to like this idea, because it will increase my confidence level to provide you guys with this type of learning content as always.
Let's focus on Company Now:-
Hindustan Petroleum Corporation Ltd is mainly engaged in the business of refining of crude oil and marketing of petroleum products, production of hydrocarbons as well as providing services for management of E&P Blocks.
Market Cap
₹ 84,175 Cr.
Current Price
₹ 396
High / Low
₹ 402 / 159
Stock P/E
8.52
Book Value
₹ 221
Dividend Yield
6.70 %
ROCE
21.3 %
ROE
40.4 %
Face Value
₹ 10.0
Industry PE
11.5
Debt
₹ 66,684 Cr.
EPS
₹ 46.4
Promoter holding
54.9 %
Intrinsic Value
₹ 318
Pledged percentage
0.00 %
EVEBITDA
7.25
Change in Prom Hold
0.00 %
Profit Var 5Yrs
19.1 %
Sales growth 5Years
9.51 %
Return over 5years
17.6 %
Debt to equity
1.42
Net profit
₹ 9,883 Cr.
ROE 5Yr
16.7 %
Profit growth
18.5 %
Earnings yield
9.99 %
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.
Neat and Clean Breakout seen in Pharmaceuticals companyHello Everyone, i hope you all will be doing good. I have brought an analysis on Pharmaceuticals stock which has given neat and clean short term consolidation zone breakout. Stock name is Alembic Pharmaceuticals and it is in the business of development, manufacturing, and marketing of Pharmaceuticals products i.e. Formulations and Active Pharmaceutical Ingredients.
Leading Pharma company:-
The company has 3 R&D and 5 manufacturing facilities.
Alembic is among the top 25 players in domestic formulations market. The company has a portfolio of about 200 formulation brands, of which three are among the top 300 domestic formulation brands in India. It has a share of 1.5% in the domestic market.
Market Share:-
The company has 1.5% share of the Indian Pharma market with 4 brands with revenue of Rs.1 bn. Its products like Roxid has ~95% market share, Althrocin (~90%), Deltone (~67%), Gerijoint (~50%), Elata (~50%) etc. Prescription wise Alembic ranks at 18th Position.
Technically stock has given breakout of short term consolidation breakout of Rectangle pattern with good volume, there is higher probability that we can see this stock towards 1500+ in short term and 2500+ in long term.
Stock is above 200-DEMA, and MACD Indicator is showing bullish crossover.
Volume indicator is suggesting huge bullishness in coming few months.
Market Cap
₹ 21,237 Cr.
Current Price
₹ 1,080
High / Low
₹ 1,119 / 682
Stock P/E
34.6
Book Value
₹ 245
Dividend Yield
1.02 %
ROCE
13.1 %
ROE
13.3 %
Face Value
₹ 2.00
Industry PE
34.6
Debt
₹ 513 Cr.
EPS
₹ 31.3
Promoter holding
69.6 %
Intrinsic Value
₹ 490
Pledged percentage
0.00 %
EVEBITDA
22.6
Change in Prom Hold
0.00 %
Profit Var 5Yrs
1.07 %
Sales growth 5Years
9.62 %
Return over 5years
16.0 %
Debt to equity
0.11
Net profit
₹ 616 Cr.
ROE 5Yr
15.9 %
Profit growth
77.2 %
Earnings yield
3.17 %
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
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Best risk and reward Swing Trade Idea, in Vodaphone Idea.Hello Everyone i hope you all will be doing good in your life and your trading as well,,i have brought an idea on Vodaphone idea,, if you will see chart on 1day, you will see recently stock has taken support on upward support trendline and price is sustaining above with good volume spike..Delivery volume also seen on higher side since some days. Means positional and swing trader are making position..I am expecting this should go above 25++ in coming some months..
But this is purely trading idea for short term to medium term. Take as swing and positional trade and wait for the targets. I am really not fully satisfied with current Fundamental analysis..so follow proper stop loss in it.
ABOUT:-
Vodafone Idea is one of the leading telecom service providers in India. The Company is engaged in the business of Mobility and Long Distance services, trading of handsets and data cards.
Business Areas:-
The company's business services include voice business/ services, broadband services, content services, enterprise services and other VAS offerings like entertainment, SMS, Utility, etc.
Market Share:-
Presently, the company has a market share of ~27% and revenue share of ~24% in the telecom market in India. The company has a leadership position in Kerala and Mumbai circles with market share of 46% and 30% respectively. Other dominant circles include Gujarat (36%), Maharashtra (32%), Haryana (29%), Kolkata (27%) and others.
The market share fell from 40% to 27% since the merger of both Vodafone and Idea in 2018.
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
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Small Rectangle pattern Breakout || Positional Trade in IPCA LABHello Guy's i have brought an idea which can be best positional trade as this stock has given breakout, i have done my analysis on daily time frame, Breakout is sustaining above the previous highs, Stock has made fresh all time high in today's session. Stock is good with good liquidity..
MACD also has given bullish crossover
Price and action suggesting a move at least for 8-10% in short term.
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.