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Stocks

Sundaram Finance Holdings Ltd - Breakout Setup, Move is ON...#SUNDARMHLD trading above Resistance of 305 Next Resistance is at 365 Support is at 246 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:SUNDARMHLDLong
by MandeepSinghKohli
NDR Auto Components Ltd - Breakout Setup, Move is ON...#NDRAUTO trading above Resistance of 1094 Next Resistance is at 1476 Support is at 728 Here is previous chart: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:NDRAUTOLong
by MandeepSinghKohli
1
Ram Ratna Wires Ltd - Breakout Setup, Move is ON...#RAMRAT trading above Resistance of 389 Next Resistance is at 594 Support is at 275 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
BSE:RAMRATLong
by MandeepSinghKohli
3
PB Fintech Ltd - Breakout Setup, Move is ON...#POLICYBZR trading above Resistance of 1470 Next Resistance is at 1698 Support is at 1185 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:POLICYBZRLong
by MandeepSinghKohli
Bajaj Auto Ltd - Breakout Setup, Move is ON...#BAJAJ_AUTO trading above Resistance of 9877 Next Resistance is at 10789 Support is at 8775 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:BAJAJ_AUTOLong
by MandeepSinghKohli
MEDI ASSIST HEALTH SERVICESMedi Assist Healthcare Services Limited is a health-tech and insurance-tech company that manages health benefits for employers, retail members, and public health schemes, primarily serving insurance companies. Company provides third-party administration (TPA) services to insurance companies through its wholly-owned Subsidiaries, Medi Assist TPA, Medvantage TPA, and Raksha TPA. A third-party administrator is an organization that processes health insurance claims for insurance companies and provides services such as policy administration, customer service, and network management, among others. As of 2023, company collaborated with 35 insurance companies in India and globally. In FY23, company managed a CAGR of 35.67%. The group accounts portfolio as a percentage of revenue from contracts with customers was 72.19% and the retail portfolio was 10.98%. Company also acts as a facilitator between (a) insurance companies and their policyholders, (b) insurance companies and healthcare providers (such as hospitals), and (c) the Government and beneficiaries of public health schemes. Company serviced over 9500 group accounts across sectors to help administer the insurance requirements of their employees. It held a significant share of the total health insurance market for group accounts, representing 26.39% of India’s overall group health insurance market in FY23. Company also services individual insurance policyholders, and for FY23 it managed Rs 17.57 billion of premiums for the retail health insurance market, representing 5.06% of the overall retail health insurance market in India. In H1FY24, company helped settle 3.05 million claims, comprising 1.37 million in-patient claims and 1.68 million domiciliary or out-patient claims. Medi assist also facilitates other healthcare and ancillary services such as hospitalization services, call center services, customer relations and contract management services, billing services, and claims processing services through its Company and other Subsidiaries, IHMS, Mayfair India, Mayfair UK, Mayfair Group Holding, Mayfair Philippines, and Mayfair Singapore. Company has developed a pan-India healthcare provider network, which comprises 18,754 hospitals across 1,069 cities and towns and 31 states (including union territories) in India and a network across 141 countries globally, as of 2023. Company intends to pursue acquisition opportunities to expand its existing service offerings, increase market share in existing markets, and expand to new geographies. In the last eight years, company has completed several acquisitions, including the acquisition of Dedicated Healthcare Services TPA (India), Medicare Insurance TPA Services (India), IHMS, Mayfair India, Medvantage TPA, and Raksha Health Insurance TPA. Financial Performance: - Total premiums under management administered by the company was at Rs. 19,050 crores as of March 31, 2024, showing a growth of 30.7% over the previous year. - Group segment fund was Rs. 16,709 crores, with a growth of 30.4% year-on-year. - Retail segment stood at Rs. 2,341 crores, showing a growth of 33.2% year-on-year. - Company's share of the total health insurance industry premium was at 19.6%, with a growth of 186 basis points over the previous year. Operational Highlights: - Maintained group account retention at 94.7%. - Processed 3.6 million outpatient claims in the last year. - Won an award for "Best use of AI in Healthcare" for the Fraud Detection Engine. - Continuing to invest in preventing fraud, waste, and abuse in the system. - Building a team of data scientists for better data security and analytics. Financials: - Total income for the quarter ended March 31, 2024, was Rs. 171 crores, showing a growth of 23% year-on-year. - EBITDA for the quarter was INR 37 crores, with a margin of 22% on operating revenue. - Profit after tax stood at Rs. 25 crores, showing a growth of 50% year-on-year. - Total income for the year ended March 2024 was Rs. 653 crores, with a growth of 26% over the previous year. - EBITDA for the year was Rs. 133 crores, with a margin of 21% on the operating revenue. - Profit for the period, adjusting for exceptional items, was Rs. 92 crores, showing a growth of 22% year-on-year. Technology and Investment: - Investing around 3-4% of revenues every year in technology. Total investment in the platform and capitalization as of March 31, 2024, was Rs. 10 crores. - Investing in a platform for the UK, with an expected cost of around 8 crores. Future Outlook: - Expecting to bring the acquisitions to the company's margin profile in the next 2-3 quarters. - Focused on enhancing insurer relationships and expanding benefits in the retail segment. - Cashless facility being expanded to non-network hospitals for emergency access. - Strong emphasis on technology for service delivery and customer retention. Challenges and Opportunities: - Opportunities seen in expanding the retail market share and leveraging technology for growth. - Optimistic outlook expressed by the management regarding future prospects and growth potential.
NSE:MEDIASSISTLong
by CannySunny
A contender to do 10x-15x from CMP in next 2-3 Years.Technical Analysis : Notes on Chart, Price is in Uptrend for the First time since its inception in 2008, 15 years ago. Fundamental Analysis : I would say Average or below average FA for an investment. As Cash Flow does not look, Company got positive results only from last 2 years. P/E ratio is high around 140 but in small caps usually it is the case. But the Solvency Ratio looks good and so Assets are good for long and short term both copared to Liabilities. Next Results are in November and would be a good time to re-evaluate the position. Just from the view of Fundamentals, Its not a screaming buy or more opportunities can be looked, But from the prespective of Technical Analysis a small risk is worth in it. TA wise the Signal is "BUY" Considering the Position may see drawdown of 50-60% also, Be wise to manage Risk Management for this Investment. #DYOR for more. 👍 #Positional / #Long_Term
Editors' picks
NSE:SEPCLong
by holdwithPriyank
5
RELIANCE Levels // 15 MinReliance Industries has been following 87-period time cycles on the 15-minute chart quite effectively. Combining these time cycles with price action provides a powerful setup for understanding when to take trades. Let’s break it down: Time Cycles: The 87-period time cycles on the 15-minute chart indicate that Reliance Industries tends to turn upward after every 87 periods, resulting in significant trending moves. This can be a valuable tool for intraday traders. Price Action: By analyzing price patterns and candlestick techniques, traders can enhance their understanding of market dynamics. Remember that focusing solely on prices or indicators without considering time can lead to failed breakouts. Application: While this technique works well on the 15-minute chart, you can also apply it to daily charts or higher time frames for more substantial moves.
NSE:RELIANCE
by SkyTradingZone
Symmetrical Triangle Pattern Breakout seen In Bajaj Finserv Ltd.Hello everyone, i hope you all will be doing good in your Trading and Life as well. I have brought a stock which has given a breakout of Symmetrical Triangle Pattern. Stock name is Bajaj Finserv Ltd, and it is the holding company for the various financial services businesses under the Bajaj group. It serves millions of customers by providing solutions for asset acquisition through financing, asset protection through general insurance, family and income protection in the form of life and health insurance, and retirement and savings solutions. Technically and Fundamentally stock is really Good to go for short term to long term as well. I think this is the best stock to hold for long term from here. This can be best portfolio stock. Companies management has given positive outlook for future in last quaterly result conference call. The pattern can indicate a number of things, including: Volatility contraction The pattern can symbolize a decrease in volatility as the price range contracts within the triangle. Indecision The pattern can form when the market is uncertain and buying and selling continues. Potential trend reversals or continuations The pattern can help traders and analysts spot potential trend reversals or continuations and manage risk. A breakout from the upper trendline indicates the start of a new bullish trend, while a breakdown from the lower trendline marks the start of a new bearish trend. Check the charts above (Bajaj finserv) it has given breakouts for falling upper band. before to few minutes of Closing of today's session or opening of next day session can be entry point. For the Targets you can calculate the thickness of symmetrical pattern as i have shown on chart above, and stop loss can be place at lower of breakout candle or near to lower band support line. Market Cap ₹ 2,74,385 Cr. Current Price ₹ 1,719 High / Low ₹ 1,742 / 1,419 Stock P/E 32.9 Book Value ₹ 378 Dividend Yield 0.06 % ROCE 11.7 % ROE 15.3 % Face Value ₹ 1.00 Industry PE 23.6 Debt ₹ 2,88,933 Cr. EPS ₹ 52.3 Promoter holding 60.6 % Intrinsic Value ₹ 902 Pledged percentage 0.01 % EVEBITDA 12.8 Change in Prom Hold -0.04 % Profit Var 5Yrs 20.4 % Sales growth 5Years 21.0 % Return over 5years 19.8 % Debt to equity 4.79 Net profit ₹ 16,095 Cr. ROE 5Yr 13.8 % Profit growth 18.3 % Earnings yield 7.66 % 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.
NSE:BAJAJFINSVLong
by TraderRahulPal
5
VLS Finance Ltd - Breakout Setup, Move is ON...#VLSFINANCE trading above Resistance of 362 Next Resistance is at 464 Support is at 288 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:VLSFINANCELong
by MandeepSinghKohli
Voltas Limited - Breakout Setup, Move is ON...#VOLTAS trading above Resistance of 1561 Next Resistance is at 2241 Support is at 1248 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:VOLTASLong
by MandeepSinghKohli
Pennar Industries Limited - Breakout Setup, Move is ON...#PENIND trading above Resistance of 189 Next Resistance is at 257 Support is at 121 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:PENINDLong
by MandeepSinghKohli
2
Natco Pharma Limited - Breakout Setup, Move is ON...#NATCOPHARM trading above Resistance of 1514 Next Resistance is at 1957 Support is at 1164 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:NATCOPHARMLong
by MandeepSinghKohli
NAM_INDIA - Breakout Setup, Move is ON...#NAM_INDIA trading above Resistance of 692 Next Resistance is at 1040 Support is at 452 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:NAM_INDIALong
by MandeepSinghKohli
Gufic Biosciences Limited - Breakout Setup, Move is ON...#GUFICBIO trading above Resistance of 369 Next Resistance is at 496 Support is at 242 Here is previous chart: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:GUFICBIOLong
by MandeepSinghKohli
1
Capacite Infraprojects Ltd - Breakout Setup, Move is ON...#CAPACITE trading above Resistance of 358 Next Resistance is at 437 Support is at 253 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:CAPACITELong
by MandeepSinghKohli