Gael Better Risk Reward#Gujarat Ambuja Exp is trendy at the moment and Making continuous Higher High and Higher Low,
At the Moment #stock is at Higher Low, followed by #Priceaction.
Buy with the Calculated SL and can Ride the trend.
Safe players can book 1:1.5.
Do your own Analysis before any trade.
#TradewithConviction
Stockmarketanalysis
Bulls taken Driving seat from Bears in Maruti Suzuki::Tgt 9800+About Company:-
The Company was established in 1981. A joint venture agreement was signed between the Government of India and Suzuki Motor
Corporation (SMC), Japan in 1982. The Company became a subsidiary of SMC in 2002.It is the market leader in passenger vehicle segment in India. In terms of production volume and sales, the Company is now SMC’s largest subsidiary. SMC currently holds 56.28% of its equity stake.
The principal activities of the Company are manufacturing, purchase and sale of motor vehicles, components and spare parts.
Market Cap
₹ 2,61,620 Cr.
Current Price
₹ 8,660
High / Low
₹ 9,769 / 7,062
Stock P/E
35.3
Book Value
₹ 1,893
Dividend Yield
0.69 %
ROCE
8.95 %
ROE
7.25 %
Face Value
₹ 5.00
Debt
₹ 625 Cr.
EPS
₹ 246
PEG Ratio
-4.44
Promoter holding
56.4 %
Intrinsic Value
₹ 3,045
Pledged percentage
0.00 %
EVEBITDA
21.4
PROS
Company is almost debt free.
Company is expected to give good quarter
Company has been maintaining a healthy dividend payout of 36.5%
Fundamental Analysis:-
Maruti Suzuki is expected to outperform in a moderating growth environment in FY24E, driven by its promising product pipeline. According to sources Maruti Suzuki going to launch of three more new products in the next six to nine months. This all will lead this company Stock price towards 10k plus levels.
Technical Analysis:-
Maruti Suzuki has given proper breakout of falling trendline and made double bottom valid pattern in daily timeframe, Price action indicating a bullish momentum in Maruti Suzuki,,,time has came to say bye bye to bears in it. All levels has written on Chart, Trade accordingly. Always think long term. This is also one of the best Gem to invest in long term. Trade Carefully and Trade with Strict Stop loss.
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NETWORK18 - SWING TRADE - 22nd Jan, 2024NETWORK18 (1D TF) - Swing Trade Analysis given on 21st Jan, 2024
Pattern: ASCENDING TRIANGLE
- Volume Spike at Resistance - In Progress
- Breakout - In Progress
- Retest & Consolidation - In Progress
- Waiting for the entry at the Demand zone marked out
#stocks #swingtrade #chartanalysis #priceaction #traderyte #NETWORK18
Multi year Consolidation breakout seen in PTC indiaHello Guy's, i have brought another analysis on stock which has given a proper multi year breakout on chart. Let's analyse and will see if we can do anything from this stock..
Well guy's Now a days all government stock is making new highs due to Chandrayan limelight and some government recent events..This Ptc Stock has given a huge breakout on monthly timeframe. it has given breakout almost more than 12 years and volumes are supporting the breakout. A trade can be executed with small stop loss in it.
Important levels for PTC India
Buy in the range of 127-132
Keep stop loss at 116
Targets we can see in upside 150/169/213
Price is above 200 EMA
We have seen Proper Neat & Clean Multi year Breakout on Monthly timeframe.
with Good Volume
Price is sustaining above breakout trendline levels
MACD and RSI has given bullish crossover (I have not placed any of indicators which i have discussed above except Volume indicator as i want chart neat and clean but i have analysed all already)
Now focus on stock background
PTC India Limited was established in 1999 by the Government of India as a Public-Private Initiative and is in the power trading business. It is promoted by Power Grid Corporation of India Limited (PGCIL), NTPC Limited (NTPC), Power Finance Corporation Limited (PFC) and NHPC Limited (NHPC)
Market Cap
₹ 3,876 Cr.
Current Price
₹ 131
High / Low
₹ 132 / 67.5
Stock P/E
8.46
Book Value
₹ 170
Dividend Yield
5.96 %
ROCE
9.82 %
ROE
9.15 %
Face Value
₹ 10.0
Debt
₹ 6,546 Cr.
EPS
₹ 15.5
PEG Ratio
0.38
Promoter holding
16.2 %
Intrinsic Value
₹ 165
Pledged percentage
0.00 %
EVEBITDA
6.19
PROS
Company has reduced debt.
Stock is trading at 0.77 times its book value
Stock is providing a good dividend yield of 5.96%.
Company has been maintaining a healthy dividend payout of 49.0%
Company's working capital requirements have reduced from 87.9 days to 63.2 days
CONS
The company has delivered a poor sales growth of 4.58% over past five years.
Promoter holding is low: 16.2%
Company has a low return on equity of 10.3% over last 3 years.
Company might be capitalizing the interest cost
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
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TALBROAUTOS STOCK TO TAKE LONG ENTRYLong Talbroautos to take long entry above 285 for the target of Rs 340 to 355 with a small SL of 265. We are considering trade as per the below parameters...
1) Weekly and monthly RSI above 60 the sign of bullish in the stock.
2) Daily RSI taking support of 40 levels.
3) Stock is near the 50 EMA daily. The area of value of the stock.
4) Also the strong support level between 270 to 275.
On any bullish candle will buy the stock as per the levels given. This is for your educational purpose only.
Apollo Tyre - Fresh BreakoutApollo Tyre giving a fresh breakout on daily chart. The last high of 464 (on closing basis) on the daily chart was made on 19 Dec 2023. Now today that high has been broken with good volume accumulation.
The long term chart of this company is very good and medium to long term investing can be done in this stock.
Disclaimer: The stock shared is only for educational purpose and not any buying and selling recommendations.
LICI: Preparing for a third waveAFTER A 5-WAVE UPMOVE FROM THE ROCK BOTTOM, PRICES RETREATED BACK LOWER TOWARDS 50% FIBONACCI RETRACEMENT ZONE AND BOUNCE BACK SHARPLY. STOCK HAS GIVEN BIGGEST INTRADAY SINCE IPO.
After a five-wave advance from the rock botom, prices retreated back lower towards 597 which is 50% fibonacci retracement zone. From there stock has bounced back sharply which is the biggest intraday gain since IPO.
We are watching to see a sharp advance in the coming months. A break above 750 shall confirm that stock has started it's third wave and is likely to break the all time high in the coming months.
GUJRAT GAS: Bullish Reversal candidateStock has given a thrust out of the triangular pattern and reversed back, regaining it's long term moving average of 200-EMA. Stock has given a breakout of the falling trend line and broken the highs of past 1 year.
These observation suggests that pices are likely to move higher towards 700 in the coming months.