Breakout of falling Wedge bullish pattern coming soon in TCS Tata Consultancy Services is the flagship company and a part of Tata group. It is an IT services, consulting and business solutions organization that has been partnering with many of the world's largest businesses in their transformation journeys for over 50 years. TCS offers a consulting-led, cognitive powered, integrated portfolio of business, technology and engineering services and solutions.
Market Cap
₹ 11,66,817 Cr.
Current Price
₹ 3,189
High / Low
₹ 3,644 / 2,926
Stock P/E
27.7
Book Value
₹ 247
Dividend Yield
1.35 %
ROCE
59.1 %
ROE
46.9 %
Face Value
₹ 1.00
Debt
₹ 7,688 Cr.
EPS
₹ 115
PEG Ratio
2.65
Promoter holding
72.3 %
Intrinsic Value
₹ 2,154
Pledged percentage
0.48 %
EVEBITDA
18.6
PROS
Company is almost debt free.
Company has a good return on equity (ROE) track record: 3 Years ROE 43.3%
Company has been maintaining a healthy dividend payout of 61.4%
CONS
Stock is trading at 12.9 times its book value
Working capital days have increased from 63.6 days to 92.6 days
Behatreen company with good fundamental, with good management. Good dividend paying stock, ROCE & ROE both above 40% very negligible debt ratio. All is showing positive for this ticker. This stock already have made millionaires to many. But now according to my analysis. price action showing a bullish momentum. Stock forming a falling wedge bullish kind of pattern... which is a sign of price reversal. Very soon we can see a breakout. Still why to wait for breakout when we know this has to go only up from current level. So if anyone wants to go long, can go with given levels on chart. For trading purpose already all levels given. But this is one of the best stock to invest for long term. So buy without any hesitation for long term. You will get dividends time to time.
If you are planning to take trade for short term kind of trading purpose then please follow strict stop loss.
If you guy's like my work please do not hesitate to your love by like and follow me, and also let me know your thoughts on this Trading idea in comment box i will love to reply you.
Thankyou brothers & sister Happy Trading:))
Stockmarketanalysis
Neat & Clean Breakout in Dr. reddy's lab Target 20-25% from hereDr. Reddy's Laboratories Ltd is a leading India-based pharamceutical company which offers a portfolio of products and services, including Active Pharmaceutical Ingredients (APIs), Custom Pharmaceutical services (CPS), generics, biosimilars and differentiated formulations.
Market Cap
₹ 80,814 Cr.
Current Price
₹ 4,853
High / Low
₹ 4,920 / 3,788
Stock P/E
22.2
Book Value
₹ 1,248
Dividend Yield
0.62 %
ROCE
14.1 %
ROE
11.5 %
Face Value
₹ 5.00
Debt
₹ 1,729 Cr.
EPS
₹ 219
PEG Ratio
2.01
Promoter holding
26.7 %
Intrinsic Value
₹ 2,359
Pledged percentage
0.00 %
EVEBITDA
12.8
PROS
Company has reduced debt.
Company is almost debt free.
Company has been maintaining a healthy dividend payout of 21.6%
CONS
Stock is trading at 3.89 times its book value
The company has delivered a poor sales growth of 8.70% over past five years.
Company has a low return on equity of 12.2% over last 3 years.
Well i have done my analysis, Seen neat and clean Breakout (Price and action), MACD bullish crossover, 200EMA all giving buy signal in Dr. Reddy' Lab. i am expecting 20-25% returns safe next 3 to 6 months. If anyone wants to go long can go from given levels on chart.
Please follow strict stop loss.
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My big loss 2,18,000/- IN EXPIRY 13-4 Stoploss Vs. Account closeLearning topic : Learn from your loss
Be flexible in market movement do not attach to one setup only, Always take seriously your stoploss do not ignore your loss target.
If your back testing movement is accurate for 70% then also real market movement can wipe your 30% and you can have a big loss which will make your funds to 00.
When such situation comes where you make your funds 00, after that take gap for atleast 4-6 weeks to gain confidence as without stable mind you cannot trade properly.
Tata Steel has broken out of the long downward sloping trendlingTata Steel has broken out of the long downward sloping trendling and can resume its upward move in the coming weeks and months on the back of fall in the dollar index. A short term trade can be taken from current price 107.95 for a target of 118/120+, keep stop loss at 98. Please accumulate more if you get 103-107 levels.
Please follow a strict stop loss.
For option lover i also have a trade:-
option buying:- buy tatasteel apr 105ce @4.30
keep a stop loss at 1.5 and go for target 8/10/12+
option writing:-
sell tatasteel apr 115pe @7.45
and hedge with 105pe @1.10
keep a stop loss at 15 for this trade.
Please follow a strict stop loss.
If anyone likes my work please like, follow and comment.
Thankyou
Falling trendline Breakout seen in Godrej Properties : Tgt 1900+About Company:-
Godrej Properties Limited (GPL) is the real estate development arm of the Godrej Group, which was started in 1897 and is today one of India’s most successful conglomerates. Godrej Properties brings the Godrej Group philosophy of innovation, sustainability, and excellence to the real estate industry.
Fundamental analysis:-
Godrej Properties reported a four fold jump in sales booking to INR80b during FY17-22, driven by over 100msf of project additions. Godrej Properties market share expanded to 8% in CY22 from 2% in CY16 and it was one of the biggest beneficiaries of industry consolidation, with a strong visibility on consolidation, Godrej properties raised INR68b over FY19-21 but a large part of it remained undeployed until FY22.
Technical Analysis:-
Godrej properties Stock has given proper breakout of falling trendline. Stock has taken support previous multitimes support zone. Stock is almost trading at 50% Discount, this could be a best entry point for short term to long term. If anyone wants to go long can go with given levels on chart.
Market Cap
₹ 34,302 Cr.
Current Price
₹ 1,234
High / Low
₹ 1,705 / 1,005
Stock P/E
83.0
Book Value
₹ 316
Dividend Yield
0.00 %
ROCE
4.83 %
ROE
3.85 %
Face Value
₹ 5.00
Debt
₹ 5,382 Cr.
EPS
₹ 15.1
PEG Ratio
7.66
Promoter holding
58.5 %
Intrinsic Value
₹ 195
Pledged percentage
0.00 %
EVEBITDA
50.6
Note:- Please follow strict stop loss in it.
If anyone likes my effort please do not forget to like, follow and comment.
Thankyou:-))
BANKNIFTY LIVE LEVELS FOR 03-04-2023Market is Still in a Range Trying to Create a Rally...bu Safe Trader Just Watch the Move...anytime Market May Also Got Hammered at Upper Level...if Price Sustain Above 40700/40799 Then We Can See New High Else It Will Be in the Same Range...risky Player Can Do Scalping in the 40700 Ce/pe Strikes for 20-30 Points.....
****EDUCATIONAL****
BANKNIFTY LIVE LEVELS FOR 28-03-2023Banknifty Moving in Range From Last 2 Trading Session...no Opportunity for Option Buyer and Hunting on Sl on Both Side ...
Now 39500 (R) and 39300(S) to Be Watched...price Need to Sustain Above or Below Either Side for Good Momentum..till No Trading for Option Buyers.
:)
****EDUCATIONAL****