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IRCTC Long Idea......IRCTC looks good for reversal. It is forming cup and handle pattern. Currently in Handle structure. 2-3 Quaters down the line it may touch ATH. Targets are given in chart. SL for safe traders is trendline it was taking support on. Risk management is Priority. Need to consider broader market conditions before taking position as swing. I am personally going to average at horizontal support if at all it comes. NOTE : Fundamentals are good. Top line 3Y sales growth CAGR = 77% , Bottom line 3Y Profit growth CAGR = 90%. Good ROE. No peer to compare P/E as Monopoly & P/E,P/B < median I'm personally buying it whenerver falls 5-10%.
NSE:IRCTCLong
by sfk1229
Bearish trend in Nifty(Weekly) (In Hindi)NSE:NIFTY On Indices analysis, we are looking at some of the top Indices at the weekly level. It is clearly visible that Nifty is on the bearish side and holding at key support. The next key support could be 23,500. Last week's bearish candle somewhat engulfed the previous bullish candle, confirming the downtrend. The rest of the other Indices are also looking at a downward trend with a few exceptions like IT, Pharma & Metal, which have made a double top pattern for a trend reversal.
NSE:NIFTYShort
by Saket_Ojha
Honaut: Strong Daily Demand Zone & 44,000 Weekly SupportHonaut is currently trading entering a strong daily demand zone between 44,275 and 43,060, which could offer significant support if price stays within this range. Additionally, we observe a key weekly support line at 44,000 (also aligns with a psychological level). This makes it an even more significant area for potential price action. Key Levels: Daily Demand Zone: 44,275 and 43,060 Weekly resistance turned support Line: 44,000 (previous resistance now acting as support) If the price remains within the demand zone, this could be an ideal area for potential reversals, especially with the added confluence of the 44,000 psychological level. Watch for price action confirmation and the possibility of an uptrend continuation or reversal as the price approaches this zone.
NSE:HONAUTLong
by JS_Trading_Tradingmadesimple
Short Term to Long Term Chart Analysis of CreditAccess Grameen.Hello Everyone, I hope you all will be doing good in your life and your trading as well, today i have brought a stock which has come at important support zone right now, I already have mention everything on chart, but let's discuss here as well in details. If you Check Stock is corrected almost 46% from all time high (1796) zone and made low at (911), today's closing is (947.35). Currently stock is giving very good opportunity to accumulate on discounted price and hold for long term, This can be SIP stock also if anybody wants to do in it. we might not gonna to see these prices again. Let's talk about some fundamentals 1:- P/E ratio is 11.34 2:- P/E ratio is 11.34 which is lower than it's 5 years Average P/E 31.77 3:- P/B ratio is 2.1655 which is lower than it's 5 years Average P/B 2.57 4:- P/E ratio is 11.3434 which is lower than it's Industry P/E 24.11 5:- Interest Coverage ratio 2.12 is higher than last year's Interest Coverage Ratio 1.91 6:- ROCE is 14.76% 7:- ROCE 14.76% has increased as compared to last year's ROCE 12.06% 8:- ROE is 24.87% 9:- ROE 14.76% has increased as compared to last year's ROE 12.06% 10:- ROCE 14.76% is higher than 5 years ROCE average 11.01% 11:- ROE 24.87% is higher than 5 years ROE average 13.81% 12:- PEG ratio is 0.25 13:- Operating Profit Margin (EBITDA Margin) is 72.05% 14:- Operating Profit Margin (EBITDA Margin) 72.05% has improved as compared to last year's OPM 66.73% 15:- Company is expected to give good quarter 16:- NPM is 27.99% 17:- Net Profit Margin (PAT Margin) 27.99% has improved as compared to last year's NPM 23.3% 18:- Dividend Yield is 1.05% 19:- Annual Sales has grown by 45.74% 20:- Annual Profit has grown over by 75.06% 21:- 3 Years Sales CAGR is 44.73% 22:- 3 Years Profit CAGR is 62.98% 23:- Quarterly Sales has grown over by 16.55% YoY 24:- Retail/Public have reduced their stakes by 1.39% in the latest quarter (16.25% to 14.86%) 25:- Promoters + FIIs + DIIs hold 92.16% in the company Market Leader The company is India’s largest NBFC Microfinance Institution with a total gross loan portfolio of Rs. ~26,700 Cr in FY24 vs Rs. ~16,500 Cr in FY22. It holds a 6% market share in the overall microfinance industry. Customers As of FY24, the company has an active borrower base of ~49 lakhs vs 38 lakhs in FY22. Rural borrowers account for ~84% of its total borrower base, ~28% are unique borrowers of the company. Branch Network As of FY24, the company has a network of ~1,960 branches (vs ~1,600 branches in FY22) across 16 States, 1 UT, and 383 Districts. Outlook The company expects a loan portfolio growth of 23% to 24% in FY25 and an NIM of 12.8% to 12.9%. Over FY25 to FY28, it anticipates a loan portfolio growth of 20% to 25%, and NIMs in the range of 12.7% to 12.9%. 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.
NSE:CREDITACCLong
by TraderRahulPal
A Short Term to Long Term Investment Opportunity in Reliance IndHello Everyone, i hope you all will be doing good in your life and your trading as well. Today i have brought a stock which has formed a pull back and retest pattern in weekly chart stock name is Reliance Industry, it is most famous and most valuable company in india. Reliance was founded by Dhirubhai Ambani and is now promoted and managed by his elder son, Mukesh Dhirubhai Ambani. Ambani's family has about 50% shareholding in the conglomerate. Stock is really giving good entry at this price as it has already corrected 19%, and now it is showing some strenght, There was huge volatility in market due to USA Election. Today vix has been cool almost 7% means volatility is going to reduce in market. Well if i talk about reliance i think this is giving best entry for long term investment as well as short term to medium term. For short term i already have mention the targets. But i feel it will cross these targets which i mention here and it will give 100% returns in next 2-3 years. So if anybody wants to hold this for long term can hold from these levels. Technically and fundamentally it is very strong company there is no doubt about it. Now le't discuss about some fundaments. Strenghts:- Effectively using its capital to generate profit - RoCE improving in last 2 years Growth in Net Profit with increasing Profit Margin (QoQ) Company with Low Debt Strong cash generating ability from core business - Improving Cash Flow from operation for last 2 years Annual Net Profits improving for last 2 years Company with Zero Promoter Pledge Market Cap ₹ 17,82,145 Cr. Current Price ₹ 1,317 High / Low ₹ 1,609 / 1,149 Stock P/E 26.2 Book Value ₹ 606 Dividend Yield 0.38 % ROCE 9.61 % ROE 9.25 % Face Value ₹ 10.0 Industry PE 17.9 Debt ₹ 3,57,525 Cr. EPS ₹ 50.2 Promoter holding 50.2 % Intrinsic Value ₹ 523 Pledged percentage 0.00 % EVEBITDA 11.5 Change in Prom Hold -0.09 % Profit Var 5Yrs 12.0 % Sales growth 5Years 9.61 % Return over 5years 14.7 % Debt to equity 0.44 Net profit ₹ 77,652 Cr. ROE 5Yr 8.73 % Profit growth -0.59 % Earnings yield 6.17 % PEG Ratio 2.19 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.
NSE:RELIANCELong
by TraderRahulPal
4
AVALON TECHNOLOGIES - In a Range, Either side trade can be takenAvalon technologies is in a range of 654 and 530 The stock is trading in a range between 654 and 530. Once it moves out of that range, either up or down, it's very likely that the stock will continue moving for a while in that direction. Volume will be important, as always, so watch it.(please be aware and also just give a glance to the volume when 654 or 530 range is broken) Please like, boost, and support for more motivation to help others!
NSE:AVALON
by piyushbafna000
USOIL chart pattern for upcoming session's 15M TFUSOIL closed at 69.448 in the last session which is near to its support zone of 69.140 to 68.940 we've to watch for candlesticks patterns here because it price goes below support zone the we can easily see the 68.000 level of crude in the upcoming sessions but if price make upward momentum from here then we can get the price of 70.500-600 level in the next sessions of the oil and above it 71.300-400 is the next zone of resistance to go for.
FX:USOIL
by NobleFalcon
Technical Class 1 #SMC1In finance, technical analysis is an analysis methodology for analysing and forecasting the direction of prices through the study of past market data, primarily price and volume. Technical analysis is a means of examining and predicting price movements in the financial markets, by using historical price charts and market statistics. It is based on the idea that if a trader can identify previous market patterns, they can form a fairly accurate prediction of future price trajectories.
NSE:BANKNIFTYEducation
by SkyTradingZone