Buy TTK PRESTIGE Target of 850+ Short term trading idea.TTK Group was founded in 1928 founded by Mr. T.T. Krishnamachari who set up the distribution for a wide range of products ranging from Foods, Personal care products, etc.
The company is India’s largest kitchenware company. TTK Prestige was Established in 1955 as a private limited company, TTK went public in 1994. It is among the leading brands in the kitchen equipment space, especially in the pressure cooker segment. In 2012 Company had an Alliances with global high-end brands for high-end cookware/Store ware/Water Filters/ Gas-tops.
Market Cap
₹ 9,670 Cr.
Current Price
₹ 698
High / Low
₹ 1,051 / 666
Stock P/E
35.2
Book Value
₹ 130
Dividend Yield
0.86 %
ROCE
24.5 %
ROE
18.8 %
Face Value
₹ 1.00
Debt
₹ 88.9 Cr.
EPS
₹ 19.8
PEG Ratio
2.39
Promoter holding
70.4 %
Intrinsic Value
₹ 279
Pledged percentage
0.00 %
EVEBITDA
21.7
Company is almost debt free.
Company has been maintaining a healthy dividend payout of 23.8%
Well company is good for short term as wll as for long term too. If anyone wants to go for long can with given levels on chart. Please follow strict stop loss if you want to go for just trading.
If anyone likes my work please like follow and comment.
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Stockmarketanalysis
ICICI Bank - Intraday Trade || 21st March, 2023 #stocks Analysis Criteria Used:
1. Please find the Chart Analysis done for the 21st March, 2023
2. The analysis for the Intraday Trade ideas, has been done based on Trend analysis and Chart Patterns with Volume Buildups
Focus On:
1. Always keeping your Risk Management in play
2. Using a Stop Loss; because it is your Best Friend
3. Always Plan your Trade and stick to your Plan
4. Dont overthink or overanalyse
5. Treat this as your Business and get serious about it
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DISCLAIMER:
𝙊𝙪𝙧 𝘼𝙣𝙖𝙡𝙮𝙨𝙞𝙨 𝙞𝙨 𝙛𝙤𝙧 𝙀𝙙𝙪𝙘𝙖𝙩𝙞𝙤𝙣𝙖𝙡 𝙥𝙪𝙧𝙥𝙤𝙨𝙚𝙨 𝙤𝙣𝙡𝙮.
* Please do your own research and/or contact your financial advisor before taking any trading opportunities
** We will not be responsible for your profit or loss
*** We are NOT SEBI REGISTERED
______________________
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AXIS Bank - Intraday Trade || 21st March, 2023 #stocks Analysis Criteria Used:
1. Please find the Chart Analysis done for the 21st March, 2023
2. The analysis for the Intraday Trade ideas, has been done based on Trend analysis and Chart Patterns with Volume Buildups
Focus On:
1. Always keeping your Risk Management in play
2. Using a Stop Loss; because it is your Best Friend
3. Always Plan your Trade and stick to your Plan
4. Dont overthink or overanalyse
5. Treat this as your Business and get serious about it
#sharemarket #stockmarket #nifty #sensex #investing #trading #nse #bse #stockmarketindia #stocks #indianstockmarket #investment #stockmarketnews #banknifty #finance #money #intraday #intradaytrading #investor #niftyfifty #dalalstreet #sharemarketindia #sharemarketnews #stockmarketinvesting #business #sharemarkettips #stock #india #indiansharemarket #rakeshjhunjhunwala #bhfyp #mumbai #share #wealth #investment #market #invest #trading #investing #finance #FinancialFreedom #investor #trader #stocks #profit #investors #economy #equity #shares #nifty #stockexchange
DISCLAIMER:
𝙊𝙪𝙧 𝘼𝙣𝙖𝙡𝙮𝙨𝙞𝙨 𝙞𝙨 𝙛𝙤𝙧 𝙀𝙙𝙪𝙘𝙖𝙩𝙞𝙤𝙣𝙖𝙡 𝙥𝙪𝙧𝙥𝙤𝙨𝙚𝙨 𝙤𝙣𝙡𝙮.
* Please do your own research and/or contact your financial advisor before taking any trading opportunities
** We will not be responsible for your profit or loss
*** We are NOT SEBI REGISTERED
______________________
best stocks to buy today
best stocks to buy now
best stocks to buy
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BNF - 1 HR TF - Elliott waveHere is the Elliott wave analysis of BNF on 1 Hr TF, the following are the inferences.
1. Major correction in C wave going on on higher degree.
2. Internally, subordinate waves form the XABC pattern.
3. Potential Projection/Targets of C wave marked as fib retracements.
Views are personal, only for educational purposes!
Please don't treat this as trading advice.
AUROPHARMA: Bullish Flag BreakoutStock is has formed a bullish flag pattern on 4H chart being the support region near 455 zone & resistance area at 474 zone. Any sustained move above the level of 475 will lead the stock towards 500/520/560 in a very sharp upside rally.
Trading strategy:
Buy on cmp 473-74 with SL of 455 and look for the immediate target of 500 and later 520/560. The measured bookish target for the bullish flag is coming about to be in the region of 560.
Dow Jones Industrial Index Technical Study TVC:DJI
Analysis After 9th Dec 2022 Closing
> Dow Theory wise - It was Making HH &HL but After Last day of closing, it seems like there will be no another HH Furthermore in Weekly TF it has made Evening Star pattern also. (Bearish)
> Wave Count wise - 5th Impulse wave is also finished, so probably corrective wave ABC might be possible for next week for DJI. (Bearish)
>Chart Pattern Wise - Head & Shoulder pattern is about to formed, confirmation after breakdown of neckline shown in chart. (Bearish)
Bearish Divergence is also there in MACD and RSI too.
Furthermore,
According to chart, just below neckline there is crucial red line, breakdown of that line red line is confirmation for all the above points.
Medium Term Target is end of 4th Impulse wave because of Depth off Correction Concept.
What if Analysis
Ignore this study, if on next trading day market opened with huge GAPUP and gone up.
PVR: HEAD AND SHOULDERAfter breaching the all time high of 2086 formed on Feb'2020, stock is correcting lower in a Complex-Corrective-Wave - WXY structure. Stock is already concluded its Wave-X at the high of 1925 and currently unfolding into Wave-Y of which wave-b is taking a formation of a Bearish Triangle . The measured target where Wave-W becomes equal to Wave-X is coming in the region of 1420.
As per the conventional chart pattern stock is also forming a Head and shoulder pattern whose neckline is in the region of 1620-1590. A breakout below the neckline should add more credence to the pattern. The measured target for the pattern is coming in the region of 1200.
Stock is also trading below its 200 EMA and currently facing a resistance on the upper boundary of the parallel channel drawn from the Aug'22 high of 2214 and connecting the Dec'22 high of 1925.
Trading strategy:
Sell 1655-1660 keeping SL of 1770 look for the downside targets of :
Tgt1: 1440-1420
Tgt2: 1350
Tgt3: 1245
Best Investment Stock : Target we can see 500% Upside from here.Gujarat Themis Biosyn is principally engaged in the business pertaining to manufacturing of pharmaceuticals and medicinal chemicals.
Pioneer in manufacturing Rifampicin
The Company entered into Technical & Financial collaboration with Yuhan Corporation, South Korea. With Yuhan’s know-how, GTBL became India’s first Company to start commercial production of Anti-tuberculosis drug Rifampicin.
Product Portfolio
The Co. is presently manufacturing Rifamycin S, which is an intermediate for manufacturing the drug Rifampicin, and Rifamycin O, which is an intermediate for manufacturing the drug Rifaximin. The production capacity of Rifamycin S is 10,000 kgs/month and that of Rifamycin O is 6,000 kgs/month.
Change in Business Model
The Company which was doing Job Work for other pharma companies with fixed contracted price changed its business model in FY20 from contract manufacturing to manufacturing and sales model. This seems to have changed the margin profile from ~18% to ~30%.
Manufacturing Facility
The Co. has a state-of-the-art manufacturing facility at Vapi, Gujarat.
Market Cap
₹ 943 Cr.
Current Price
₹ 649
High / Low
₹ 921 / 362
Stock P/E
16.8
Book Value
₹ 92.2
Dividend Yield
0.93 %
ROCE
66.8 %
ROE
50.4 %
Face Value
₹ 5.00
Debt
₹ 1.23 Cr.
EPS
₹ 38.6
PEG Ratio
0.29
Promoter holding
75.0 %
Intrinsic Value
₹ 621
Pledged percentage
0.00 %
EVEBITDA
11.8
Company has reduced debt.
Company is almost debt free.
Company is expected to give good quarter
Company has delivered good profit growth of 58.4% CAGR over last 5 years
Company has a good return on equity (ROE) track record: 3 Years ROE 56.0%
Well i have done my analysis and i found it best investment idea for now. I have written everything on chart and the discription. Please take trade accordingly.
guy's i really do hard work to get these analysis. Please support me by like and follow.
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Buy Nifty in between 17325-17350 : Intraday LevelsAfter gap Nifty slips further down and taken support around 17325 levels and here is small support zone. After this support it went up near day's open price and again came down but MACD also indicating a bullish crossover in 15 mints and also now it has came in our best buying range, still if anyone wants to buy can buy and add more in between 17325-17350 levels, and keep stop loss at 17275 and go for target 17450/17500+.
Please use always a strict stop loss in every trade.
If anyone like my effort please like, follow and comment.
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Conditional Trade : buy only banknifty in between 40450-40550After gap down bank nifty went more down and taken support at 40400 levels, i am expecting before to a strong pull back it can come down again near today's low and that will be the best price range to enter again. At this level also could be a buy but stop loss will be long and risk and rewards can't be favourable. So if anyone can handle this much big stop loss can go from current levels also right now it is trading at 40486. But still i will tell wait for our levels. And go long according to given levels.
Please follow strict stop loss in this trade.
If anyone likes my work Please like follow and comment.
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HCLTECH: Rounding TopFrom Jul'22 low of INR 877 prices have retraced to Fibonacci 61.8% retracment level positioned at 1150 zone and formed a potential double top structure. Prices have also formed a Rounding Top pattern whose neckline is in the region of 1101-1100. The measured target for the pattern is coming in the region of 1050-1045 where its 200-EMA is also positioned
As per above observations prices are likely to hold below INR 1137 and fall towards INR 1050-1045 in the coming weeks.
Trading Strategy: Sell on cmp add on rise , keeping SL of 1137 look for the target of 1050-1045.
BANKNIFTY: A LEADING DIAGONALTheory:
DIAGONAL:
Diagonal are the motive waves like an impulse wave, but diagonals are different from impulse wave in that they do follow the first two Sutras (rules of impulse wave) of Elliott Wave analysis, but they may or may not follow the third one i.e. Wave 4 should not intervene the territory of the wave 1. In a diagonal wave 4 almost all the time enters into the price territory of the wave 1.
Properties Of Diagonals:
Diagonals can be contracting or expanding type being expanding diagonal a rare one.
In contracting type, wave 3 is shorter than wave 1, wave 5 is shorter than wave 3, and wave 4 is shorter than wave 2.
In expanding type, wave 3 is longer than wave 1, wave 5 is longer than wave 3, and wave 4 is longer than wave 2.
Types Of Diagonals:
LEADING DIAGONAL
ENDING DIAGONAL
LEADING DIAGONAL: In a leading diagonal , waves 1,3, and 5 are all impulsive in nature or all in corrective form of zigzags. Wave 2 and wave 4 are always present in a zigzag form. A leading diagonal suggests the starting of a new wave & that is why it can develop wave 1 of a impulse wave and a first wave of a zigzag pattern.
ENDING DIAGONAL : This is the most common diagonal that can be found out at the ending of a main trend or main correction. It consists of all the waves 1-2-3-4-5 in a single or multiple zigzags. They can be found placed at 5th wave of an impulse wave or can been seen as a wave ‘C’ of a corrective waves zigzags or flat.
After the termination of the diagonal , a swift & a sharp reversal takes place which bring the prices back to the level from where the diagonal has began. (generally it retrace back to the wave-2 of the diagonal structure)
TRADING STRATEGY:
Sell BANKNIFTY 41150-41300 SL: 42100 and look for the downside target of 39700/38700/37700
SBI: IMPULSE UNFOLDINGStock is falling in an impulsive structure Dec'22 high of 529. The impulsive structure suggests that a larger correction is going to occur in the coming weeks. As per the current price action prices have already concluded its 4th wave at 557 and is now ready for its 5th wave. Alternatively prices are likely to unfold its 4th wave as Bearish Triangle which will only delay the downward trajectory.
Trading strategy:
Sell on cmp add on rise, keeping SL of 557 look for the target of 500/480 .
NIFTY: CORRECTION AHEADAfter a five wave impulse down nifty is rising in a corrective structure on the upside. The corrective nature of the price action suggests that near term trend for the nifty50 is down and prices are likely to fall towards 17000 in the coming weeks. On the upside the key resistance zone is 18350 while on the downside key supports levels are 17650/17350/17000