MARICO! FIBONACCI LEVEL! NSE:MARICO
Why should we swing trade in MARICO!
1. Fibonacci Retracement @38.2%
2. Continuously ruling in the up trending channel after breakout
3. On 1 hour time frame having 50 EMA support
4. On 15 minutes time frame having 200 & 50 EMA support
We can definitely go long and take almost 6.37% in coming 03-04 days. Hold above levels if momentum is too big.
Buy :: 563
TGT :: 581-- 598 & so on!
SL :: 550
Risk Reward Ratio :: 1 : 3
Happy Trading! :D
Stocksignals
Energy sector showing signs of bullishness - Bought GAILEnergy sector showing signs of bullishness.
Nifty Energy was up when nifty was flat today.
Can see good opportunity in GAIL because of following reasons :
Weekly chart shows uptrend in stock
Stock taking support from 20 & 50 EMA on daily timeframe
Can look for entering 50% of your position size.
SBI Given Breakout & at Life time highAfter a narrow range within Bollinger band squeeze from end of May till today (Jul 29, 2021), a convincing BB breakout is given by SBI combined with RSI (7) above 65 on a daily chart. Looking good at current price with SL of Rs. 428. It has not only coming out of BB squeeze but also key MA bands cross has happened combined with +ve DMI.
Live Challenging Stock Market Analysis ONMOBILE Buy @ 123.80Market Analysis
Live Challenging Stock Market Analysis ONMOBILE Buy @ 123.80
Target @ 301.20
#sharemarket #onmobile #Nse #stockmarket
Our Unique Features:
—————————————————————
1. Follow our 15 signals ….10% equity will increase in your account for sure.
2. We are not Trailing stop! or average the trades.
3. 2% Risk Management Per trade.
4. Risk vs Reward up to 1:7.
Note:
Trade signals would usually have a risk to reward ratio of 1:2.
It means that even 2 out of 4 signals hits their SL marks, the other two would have closed with profit.
This allows you to be good in overall pips profit.
Signals are usually inter-day (Based on the daily candle) therefore, trades would usually have a holding time of an average minimum of 24 hours.
Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: This is my trading experience, it is not an invite or recommendation to trade.
Best Wishes
Tradingwithtamil
Menon Bearings - Technical & Fundamental - Auto Ancillary ThemeMenon Bearings is engaged in the business of Bearings, Bushes and Thrust Washers, Aluminium Die Casting Components having applications in Heavy & Light commercial vehicles, Tractors, Construction equipment, Material handling, Stationery, Diesel, Gasoline and CNG engines.
Market leader in bearing industry: MBL started its operations way back in 1994 and since then it has achieved various milestones. MBL is one of the leading manufacturers of highly critical moving engine components.
International Presence: MBL exports almost 30% of its production to countries like USA, Mexico, UK, Netherlands, Austria, UAE, Africa , Japan etc.
Strong distribution network: The brand " Menon Bearings" has a strong presence in the replacement markets through its presence in 10,000 + retail outlets across India and strong network of 1000 dealers+ distributors.
Wide spread clientele base: MBL's major revenues are contributed by well known OEM's having global presence. John Deere, Tata's, Mahindras, Honeywell, Ace tractors, Cooper corp, Eicher, Maruti Suzuki, Volvo, Ashok Leyland, GM, Tata, BEML, Piaggio are few of its well known clients.
FUNDAMENTALS:
> It is a Small Cap company with a market cap of just Rs.462 Cr.
> The ROCE and ROE is at 22.4% and 20% respectively which is impressive. Positive.
> OPM is at 23% as per Mar 21 Balance Sheet and last 5 year average is aprx 25% which means it’s a super profitable company.
> Price to Book Value is 2.4 which means the company have overall stable fundamentals.
> Stock P/E is at 24.6 which makes the valuation very attractive.
> Higher than Industry Net Income : Over the last 5 years, net income has grown at a yearly rate of 4.8%, vs industry avg of -8.64%. Positive.
> Robust Topline and Bottomline , continuously increasing on QoQ basis.
> Debts: The company have Debts of Rs . 29 Cr as per Mar 21 Balance Sheet which is much below the acceptable limits as compared to Reserves.
> Reserves: It is Rs. 93 Cr as per Mar 21 Balance Sheet.
> Promoters holding is intact above 71% since last 7 years, like they trust their own business and staying invested.
> FIIs are showing good interest in the company and they are increasing their stake on YoY basis.
TECHNICALS:
> The stock has taken long 3+ years to make a wonderful rounding bottom pattern after taking support at Rs.27 levels. It has given breakout recently with huge volume.
> On the chart stock is continuously in UPTREND since March 2020 Covid fall.
> Increasing Long Volume towers as indicated by blue arrows at the bottom indicates that lot of accumulation is going on in the stock continuously. Compare the recent volume with the volume when the stock was falling. Stock is picking up momentum.
> Trading above 100 and 200 DMAs this talks about the strength in the bull run of this stock.
Now if we look at the market from broader perspective, Automobile industry is in good momentum specially all small and midcap Auto Ancillary business. The company have massive client base in India as well as overseas.
Fresh Buy - AT CMP i.e. Rs.82
Old Buy – Hold
Target – Hold for at least 125 (+52%).
Risk Management Tip: Never invest more than 5% of your capital in any single stock.
Happy Investing!
ShareMktSchool
LONG TERM INFRA STOCK BREAKOUT TO WATCH "SORILINFRA"A POWERFUL BREAKOUT WITH GOOD VOLUMES CAN BE SEEN IN SORIL INFRA WITH SL OF 112 UPSIDE POTENTIAL OF 200 TO 300 CAN BE ACHIEVED
PRICOL LTD - FUNDAMENTAL & TECHNICAL - WONDERFUL OPPORTUNITYPricol Limited is engaged in the business of manufacturing and selling of instrument clusters and other allied automobile components to OEMs and replacement markets. Presently, the company operates 9 manufacturing facilities across India and 1 in Indonesia. The company has high concentration in 2W industry as it derives ~70% of revenues from this segment alone. Company's product portfolio includes Driver information system (DIS) clusters, sensors & switches, pumps & mechanicals products, telematics (connected vehicle solutions) & auto electrical products. The business was started in 1974 and is headquartered in Coimbatore, Tamil Nadu.
FUNDAMENTALS:
> It is a Small Cap company with a market cap of just Rs.1,251 Cr.
> The ROCE and ROE is at 15% and 9% respectively which is good. Positive.
> Book Value to Market Value ratio is 2.4 which means the company have overall stable fundamentals.
> Stock P/E is at 30 which makes the valuation attractive as compared to the sector P/E at 33. Positive.
> Higher than Industry Revenue Growth: Over the last 5 years, revenue has grown at a yearly rate of 63.3%, vs industry avg of 6.31%. Positive.
> Increasing Market Share: Over the last 5 years, market share increased from 0.09% to 0.81%. Positive.
> Higher than Industry Net Income: Over the last 5 years, net income has grown at a yearly rate of 35.93%, vs industry avg of -8.67%. Positive.
> Stable Topline and Bottomline, continuously increasing on QoQ basis.
> Debts: The company have Debts of Rs . 186 Cr as per Mar 21 Balance Sheet which is much below the acceptable limits as compared to Reserves.
> Reserves: It is Rs.511 Cr as per Mar 21 Balance Sheet.
> OPM is consistently growing in last 3 years, it is at 12% as per Mar 21 Balance Sheet.
> Promoters holding is intact at 36.53% since last 10 years, like they trust their own business and staying invested.
> One thing very amazing about this company is FIIs are heavily invested in the company and they are constantly increasing the stake.
TECHNICALS:
> The stock has taken long 3.5 years to make a wonderful rounding bottom pattern after taking support at Rs.23 levels. It has given breakout recently with huge volume.
> On the chart stock is continuously in UPTREND since March 2020 Covid fall.
> Increasing Long Volume towers as indicated by blue arrows at the bottom indicates that lot of accumulation is going on in the stock continuously.
> Trading above 100 and 200 DMAs this talks about the strength in the bull run of this stock.
Company's massive client base includes all big and small names in the industry. Few of them are Hero Motocorp, TVS Motors, Bajaj Auto, Ashok Leyland, Tata Motors, Suzuki, Volkswagen, Eicher, Tata, Toyota, TVS, Bajaj, BMW, Harley-Davidson, Mercedes-Benz, Mahindra, JCB, L&T and many others.
Company financials are not very strong on YoY basis but if we look closely at the QoQ basis it looks like a turnaround story. The company is making come back with a big bang. Now if we look at the market from broader perspective, Automobile industry is in good momentum specially all small and midcap Auto Ancillary business. The company have massive client base.
Fresh Buy - AT CMP i.e. Rs.102
Old Buy – Hold
Target – Hold for at least 2X, i.e. more than Rs.200.
Risk Management Tip: Never invest more than 5% of your capital in any single stock.
Happy Investing!
ShareMktSchool
PNB - Punjab National Bank - Technical AnalysisPNB - Punjab National Bank
NSE:PNB
This is a pure technical analysis call backed by the banking theme.
> The stock has taken support at 25 levels and after consolidating for 1 and 3 months it is ready to give breakout with huge volume , accumulation in the stock can be seen since December 2020.
> The stoch has also crossed 100 and 200 DMAs very recently, strong upmove is around the corner.
> A lot of movement can be seen in almost all PSU banks.
> NIFTY PSU Bank index chart is in massive UPTREND. When entire sector is performing individual stocks are most likely to run along.
> I have selected PNB and BOB because of it's wonderful chart pattern.
> One more very important thing is that government is about to setup a BAD BANK. Which will help all PSU banks tremendously clean their balance sheet , consequently valuations of these PSU banks will automatically improve.
What is BAD BANK?
A bad bank is a bank set up to buy the bad loans and other illiquid holdings of another financial institution. The entity holding significant nonperforming assets will sell these holdings to the bad bank at market price. By transferring such assets to the bad bank, the original institution may clear its balance sheet—although it will still be forced to take write-downs. This will help all PSU banks to get rid of their NPAs.
FRESH BUY - AT CMP 41
OLD BUY - HOLD
TARGET 1 - 100 (+150% aprx)
TARGET 2 - 135 (+225% aprx)
Risk Management Tip: Never invest more than 5% of your capital in any single stock.
Happy Investing!
Team ShareMktSchool
What went wrong with Motherson Sumi Systems?Well, to state the obvious, the stock basically corrected itself after giving a massive breakout on June 2nd. And some of us (including me) were expecting this stock to give another magical upswing in a very short period.
Also, the correct working trend-line is the yellow fine line on this chart.
Will it fall further down?
Honestly, this stock has been on a SpaceX Falcon 9 rocket wanting to settle on a different star system for the last couple of months. I would wait and see how it performs tomorrow before investing.
Things to note : Both MACD and RSI (support at 40.9) are leaning on a negative shoulder as of now but the price is at a rather decent support line. It also has 2 very strong resistance levels (given in the chart). So strategize accordingly.
Here are a few thing to understand before investing
You need to let the stock breathe and settle after a breakout. Do not jump in with guns blazing and expect magic to happen
Never freshly buy into a stock that's given a recent breakout. There is a high chance that it will correct itself and you will end up losing your Area of Value instead. Patience helps you hit the nail on the head. Meditate or shut your laptop if your fingers are itching to make a trade.
Hear people out and see what they have to say but in the end always do your own research and analysis before buying into a stock
** This is not a recommendation and I cannot be responsible for your losses. Profits, maybe.
Bharti Airtel trade analysis | opportunity to buy | Bharti Airtel trade analysis | opportunity to buy |
when N breches the red trend line there is a buy signal if you are find a short term here it is . put your eyes on this stock when they breches the red trend line buy it for short time may be 2-4 day if ou hold more you can for breaching black trend line because black trend line is very strong once it brech by stock . the hole trend will change
SUBEX - Dream-Surfing the Elliott Waves!Elliot Wave Theory
5-Wave Impulse Pattern Complete!
(1-3-5 motive upward waves, with 2-4 being corrective)
3-Wave Corrective Pattern Complete!
(Wave 5-A equal in length to B-C)
Consolidation within Pennant formation.
HUGE breakout from the Pennant with HUGE volume.
Could be start of the next set of Impulse Waves!
UDAIPUR CEMENT - FUNDAMENTALS and TECHNICALS - BULLRUN COMINGUdaipur Cement Works Limited (UCWL) , incorporated on 15th March 1993, has its registered office at Jaipur, Rajasthan. The company presently is a subsidiary of Indian Cement Manufacturing Company, JK Lakshmi Cement Limited, which is part of reputed business conglomerate JK Organisation (JKO) that has rich business legacy of more than 135 years. UCWL manufactures cement under the brand name-Platinum Heavy Duty Cement.
FUNDAMENTALS:
> It is a Small Cap company with a market cap of just Rs.953 Cr.
> The ROCE is at 16% and ROE is at super 30% which is very impressive. Positive.
> Stock P/E is at just 15 which makes the valuation very attractive as compared to the sector P/E at 23. Positive.
> Higher than Industry Revenue Growth: Over the last 5 years, revenue has grown at a yearly rate of 52.03% vs industry avg of 12.41%. Positive.
> Increasing Market Share: Over the last 5 years, market share increased from 0.06% to 0.35%. Positive.
> Higher than Industry Net Income: Over the last 5 years, net income has grown at a yearly rate of 47.72% vs industry avg of 18.8%. Positive.
> Debts: The company have Debts of Rs. 523 Cr as per Mar 21 Balance Sheet but the good thing is that it has been taken for business expansion.
> Very robust Topline and Bottomline, continuously increasing on YoY basis.
> The company is increasing its cash reserves on YoY basis too.
> OPM is rapidly growing in last 5 years which is wonderful, it is at 20% as per Mar 21 Balance Sheet, company has also delivered good profit growth of 63% CAGR over last 5 years, that's a super positive sign.
> Promoters holding is intact at 72.54% that is a good sign, like they trust their own business and staying invested.
TECHNICALS:
> On the chart stock have recently gave Breakout after making wonderful Rounding Bottom Pattern since June 17.
> It is trading above 100 and 200 DMAs.
> Volume is picking up significantly as compared to last few quarters as highlighted by blue box at the bottom, lot of accumulation is going on and the stock is getting ready for a wonderful bull run.
With the construction sector coming on track throughout the country as the Covid restrictions easing up slowly in multiple states, the stock have very good potential to become a multibagger.
Fresh Buy - AT CMP i.e. 30
Old Buy – Hold
First Target – 38.5, but I’m into this for a long haul.
Risk Management Tip: Never invest more than 5% of your capital in any single stock.
Happy Investing!
ShareMktSchool