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Arvind SmartSpaces Breakout1. Buy or Sell at your own risk 2. Don't risk more than 1%-2% of your capital as stop loss 3. Position Size formula:- Stop Loss Amount/(Buy Price-Initial Stop Loss Price) 4. Sell on RSI close below 30 (or use any other method of your liking) 5. Some other ways to sell stocks can be a. 25% or 50% up in three weeks or less b. Weekly tailing tops with high volume c. Exhaustion gaps d. Heavy daily volume without further upside e. Largest one day price drop After a consolidation since November 2021, NSE:ARVSMART has given a breakout today. Buy with a stop just below ₹220. (One can use the low of the previous bar/supertrend indicator/previous support point/fixed percentage from the buy price as stop loss also) Strengths: - 1. Quarterly sales growth is at 124% and quarterly profit growth is at 219%, TTM sales growth is at 75% and TTM profit growth is at 86% 2. Debt to equity at 0.07(less than 1 is good), Interest Coverage at 4.66(greater than 3 is good), Current Ratio at 1.59(greater than 1.5 is good) 3. India Ratings and Research (Ind-Ra) has upgraded Arvind SmartSpaces Limited’s (ASSL) Long-Term Issuer Rating to ‘IND A’ from ‘IND A-’. The Outlook is Positive. Weaknesses: - 1. Stock is trading at 2.57 times its book value 2. The company has delivered a poor sales growth of 10% over the past five years 3. The company has a low return on equity of 8% for the last 3 years 4. Promoter holding has decreased over the last 3 years: -5.58% Disclaimer: I am not SEBI Registered. Do trade or invest at your own risk, I am not responsible for any losses and won't claim anything from your profits either. Take financial advice from your advisors before jumping in.
NSE:ARVSMARTLong
by akashbothra
Sirca Paints Breakout1. Buy or Sell at your own risk 2. Don't risk more than 1%-2% of your capital as stop loss 3. Position Size formula:- Stop Loss Amount/(Buy Price-Initial Stop Loss Price) 4. Sell on RSI close below 30 (or use any other method of your liking) 5. Some other ways to sell stocks can be a. 25% or 50% up in three weeks or less b. Weekly tailing tops with high volume c. Exhaustion gaps d. Heavy daily volume without further upside e. Largest one day price drop After a consolidation since December 2021, NSE:SIRCA has given a breakout today. Buy with a stop just below ₹580. (One can use the low of the previous bar/supertrend indicator/previous support point/fixed percentage from the buy price as stop loss also) Strengths: - 1. Quarter sales growth is at 90% and quarter profit growth is at 428%, TTM sales growth is at 40% and TTM profit growth is at 90% 2. 5-year average ROE at 15% 3. Debt to equity at 0.00(less than 1 is good), Interest Coverage at 841(greater than 3 is good), Current Ratio at 5.51(greater than 1.5 is good) 4. The company has been maintaining a healthy dividend payout of 20.3% 5. Debtor days have improved from 107 to 85.0 days 6. The company's median sales growth has been 15.5% in the last 10 years Weaknesses: - 1. Stock is trading at 7.67 times its book value 2. The company has a low return on equity of 11.9% for the last 3 years Disclaimer: I am not SEBI Registered. Do trade or invest at your own risk, I am not responsible for any losses and won't claim anything from your profits either. Take financial advices from your advisors before jumping in.
NSE:SIRCALong
by akashbothra
Orbit Exports Breakout1. Buy or Sell at your own risk 2. Don't risk more than 1%-2% of your capital as stop loss 3. Position Size formula:- Stop Loss Amount/(Buy Price-Initial Stop Loss Price) 4. Sell on RSI close below 30 (or use any other method of your liking) 5. Some other ways to sell stocks can be a. 25% or 50% up in three weeks or less b. Weekly tailing tops with high volume c. Exhaustion gaps d. Heavy daily volume without further upside e. Largest one day price drop After a consolidation since October 2018, NSE:ORBTEXP has given a breakout today. Buy with a stop just below ₹126 (one can use a fixed percentage stop loss (e.g. 20% below the buy price) as well). Strengths: - 1. TTM Sales growth is at 102%, TTM Profit growth is at 332%, June quarter sales growth is at 158% and profit growth is at 520% 2. 10 year average ROE more than 15% 3. Debt to equity at 0.24(less than 1 is good), Interest Coverage at 14.8(greater than 3 is good), Current Ratio at 2.14(greater than 1.5 is good) 4. ICRA has reaffirmed the ratings of the company on 21st July 2022 (please go through the credit rating report for better understanding) 5. ADX > 30 on daily chart 6. Debtor days came down from 102 to 76 in March 2022 Weaknesses: - 1. Stock is trading at 2.37 times of its book value 2. The company has delivered a poor sales growth of -1.16% over past five years 3. Company has a low return on equity of 8.20% for last 3 years 4. Dividend payout has been low at 11.8% of profits over last 3 years 5. FIIs decreased stake from 0.18 in March 2022 to 0.02 in June 2022 Disclaimer: I am not SEBI Registered. Do trade or invest at your own risk, I am not responsible for any losses and won't claim anything from your profits either. Take financial advices from your advisors before jumping in.
NSE:ORBTEXPLong
by akashbothra
Jamna Auto- Upflag Breakout Followed by Consolidation NRJamna Auto Industries is a manufacturer of suspension products i.e., leaf and parabolic springs for CV industry – having eight manufacturing plants with a total installed capacity of 3 Lac MT spread across the country. About the product and market segmentation – 63% contributed by OEMs while 37% by new markets in terms of products while 77%/23% by OEMs and new markets (after-market + exports) respectively in terms of markets. Coming to the client concentration – Ashok Leyland and TATA Motors are the largest clients contributing to more than 60% to the top-line. Industry Specific Factors • Government’s push on infrastructure development to augur well for commercial vehicles • Pick up in replacement demand because of implementation of new scrappage policy (making automated testing compulsory for the vehicle from Apr’ 23) along with prevailing higher freight rates. • During the CV upcycle, typically the tonnage growth would be higher as compared to the volume growth leading to higher content consumed per vehicle – 19-21% of tonnage CAGR over FY22-27 for the CV industry as compared to 13-15% of volume CAGR (for FY17-22 it stood at 0% and -3% respectively as per various industry reports). • Opportunity for market share gains in the after market for organized players due to shift from unorganized to organized players (the size of after-market is estimated at Rs. 2,500 crore) – after-market being fragmented because of the presence of the smaller players; Jamna has been expanding reach over the years with number of touchpoints 16k touchpoints as compared to 13k in FY19 along with expanding product offerings – over 5k as compared to 2k in FY19 Company Specific Factors: • Ambitious target to generate 50% of the top-line from new markets and new products by FY26 (stands at 23% and 37% respectively as of FY22) along with 50%+ RoCE – higher share from new markets leading to lower volatility • First mover advantage within parabolic spring which offers better suspension as compared to leaf springs – leading to over 90% market share within the segment which enables Jamna Auto to have a pricing power (the industry share in the parabolic spring stands over 25% from 15% in FY15 while the rest dominated by leaf springs) • Technology transfer agreement with Ridwell Corporation for design and manufacture of air suspension and lift axles enables it to launch better products giving superiority as compared to the peers Multi-year CV cycle led by the higher capex outlay by the government along with private capex revival along with shift towards parabolic springs where Jamna Auto enjoy a dominating position, shifting towards higher share from the after market through product offerings and increasing number of touchpoints are the primary factors to include Jamna Auto Industries in the portfolio.
NSE:JAMNAAUTOLong
by StrategicAlpha
Haldyn Glass Breakout 1. Buy or Sell at your own risk 2. Don't risk more than 1%-2% of your capital as stop loss 3. Position Size formula:- Stop Loss Amount/(Buy Price-Initial Stop Loss Price) 4. Sell on RSI close below 30 (or use any other method of your liking) 5. Some other ways to sell stocks can be a. 25% or 50% up in three weeks or less b. Weekly tailing tops with high volume c. Exhaustion gaps d. Heavy daily volume without further upside e. Largest one day price drop After a consolidation since January 2018, BSE:HALDYNGL has given a breakout today. Buy with a stop just below ₹50. Strengths: - 1. June 2022 Sales growth is at 71% and Profit growth is at 100% 2. Debt to equity at 0.07 (less than 1 is good), Interest Coverage at 26.8 (greater than 3 is good), Current Ratio at 3.12 (greater than 1.5 is good), FCF to CFO at 56.5% 3. Dividend yield at 0.98% (consistent dividend payer since 2011) 4. Credit rating agency has reaffirmed the ratings of the company on (please go through the credit rating report for better understanding) 5. Promoter stake increasing since March 2021 6. ADX > 30 on daily chart Weaknesses: - 1. The company has delivered a poor sales growth of 4.38% over the past five years 2. The company has a low return on equity of 6.77% for last 3 years 3. Earnings include an other income of Rs.6.12 Cr Disclaimer: I am not SEBI Registered. Do trade or invest at your own risk, I am not responsible for any losses and won't claim anything from your profits either. Take financial advices from your advisors before jumping in.
BSE:HALDYNGLLong
by akashbothra
Lovable Lingerie- Stock for Study for Long Term InvestorsIncorporated in the year 1987, Lovable Lingerie Ltd is engaged in the business of manufacturing hosiery/garment products for women. Products Segment The company's products include women’s Innerwear, homewear, shapewear, foundation garments, and sleepwear products. Brands “Lovable” and “Daisy Dee” are the flagship brands of the company. The company acquired the brand “Lovable” in the year 2000 on an exclusive basis for the territories of India, Nepal, Sikkim, and Bhutan. The innerwear products manufactured under the brand “Lovable” cater to the premium segment market in India. Presence across entire Customer segment The Co. acquired “Daisy Dee '' and ''College Style'' from Maxwell Industries Ltd and Leviticus Trading Ltd respectively to cater to the mid and young segment market in India. The Company has also marketed the “Vanity Fair” brand of women’s innerwear garments, which was licensed from VF Corporation Inc., USA. Fire in Nov 2017 and July 2021 The company reported losses in FY18. They said the losses were due to the fire in November 2017 which reduced their production capacity by 40%. The company had another recent fire in July 2021. Manufacturing Capacity and Expansion The company has three manufacturing facilities of which two are located in Bangalore and one in Uttarkhand and has a capacity to manufacture ~84 Lakh Pieces per Annum. To meet the expected demand from the mass segment, the company is building new capacity at the Erode, Tamil Nadu with an annual production capacity of 25 lakhs nos, which is 30% of the current capacity of the company. Own Design Studio Co. has its own design studio in Bengaluru, Karnataka with a team of designers and the latest equipment. Over the years, co. has tried to increase its media presence and E-commerce Marketplace. In 2019, the company launched dealer apps for direct communication with the market through which the company has been able to increase its presence in various Social platforms Investments The company has investments of INR 80 Crs as on FY21. Out of this 10 Cr is in Jevenca Online Pvt Ltd and the rest 70 Cr is in quoted mutual funds. Source- Screener- Wiki Feature
NSE:LOVABLE
by StrategicAlpha
RCF- Nearing Multiyear Breakout ZoneRashtriya Chemicals & Fertilizers is a public sector undertaking (PSU) with 75% stake owned by GOI. Company is engaged in manufacturing and marketing of fertilizers and industrial chemicals. Company is trading below historical 10 year Avg PE while the sales have almost doubled alongwith margins. Stock has been a laggard and has not created any wealth for its shareholders from past 10 years, however its currently trading at a interesting zone where above resistance zone this stock will be looked like a PE Rerating Candidate and analysts and fundmanangers in order to extract value in this overheated markets can look at RCF as a potential candidate. So this is a stock to keep on our radar and watchout for resistance zones. Breakout of this multiyear resistance zone it can become a potential play for rerating.
NSE:RCF
by StrategicAlpha
GMDC - Re-entry Investment Idea - Target 100 (6-12 months) Scrip: GMDC - Long Idea - Target 100. Setup: Investment Idea and Re-entry. Tracking the Channel. Earlier had entered at 70 & exited at 81.5 = Booked 11.5 points (over 15% move in 20 days). Now, Re-entering at 75 for higher Targets of 100. Stoploss: This is an investment idea. Please decide, manage and adhere to stoplosses as per your risk profile. I will be adding more to my position in case market crashes and get to accumulate GMDC around 25-40 range. Please note, I am not a SEBI Registered Analyst or a Financial Advisor. Please trade based on your knowledge and risk profile.
NSE:GMDCLTDLong
by BeingNick
TCS - Buy a Good Stock on Bad Day / Slowly build positionsBuy a Good Stock on a Bad Day. / Slowly add at every support level and build positions. (20%+20%+30%+30%) Scrip: TCS Enter: This is an investment idea for medium term to long term horizon. Slowly build positions in the support zones over a period. Support & Entry levels for building positions - 3720,3400, 3150, 2880 (in case market sell-offs happen) The stock is a market leader, segment leader and Fundamentally very strong company. A TATA group enterprise. Please note: I am not a SEBI registered Investment Advisor. Please invest and trade based on your knowledge and risk profile.
NSE:TCSLong
by BeingNick
2
Canara Bank - Ripe to ride the momentum - Weekly ChartScrip: Canara Bank Setup : Price at 52 week high, Chikou in open area, Ride the momentum for quick 10%-20% gains Entry : 185 - 195 Target - 225-228 range (20% gains) Stoploss: This is positional trade and determination of Stoploss should be based on ones risk profile. 150 should be good zone to add more to the position. Please note: I am not a SEBI registered Financial Advisor or Analyst. Please trade and invest based on your knowledge and Risk Profile.
NSE:CANBKLong
by BeingNick
HUL/Giving good buy on dips opportunity/Slowly build positionBuy on Dips Investment Idea - Slowly add position at every support level, if it does come to these levels. Scrip : Hindustan Unilever Entry - This is an investment idea, buy on dips and add at every support levels. Support levels mentioned in the chart. Enter at 2650, 2500, 2300,2150. This is an investment idea for medium term to long term horizon. Giving decent opportunity to enter at dips. It is a market leader, segment leader, and fundamentally very strong stock. Please note: I am not a SEBI registered Investement advisor. Please Trade and invest based on your knowledge and risk profile.
NSE:HINDUNILVRLong
by BeingNick
Rallis India - Bouncing from Support Zone (Buy)Scrip - Rallis India Setup - Bouncing from support zone and closing above previous swing high Entry - 300 - 310 Target1 - 330-335 Rallis India is a Tata Group Company and is a Fundamentally strong counter. Ace Investor RJ & family also holds around 10% stake in the company. (This is an investment idea and in case market sees sell-off more position can be added at lower prices based on ones risk profile) Please trade and invest based on your knowledge and risk profile.
NSE:RALLISLong
by BeingNick
Wockhardt Pharma - Time to Buy - Target 520Stock: Wockhardt Pharma Setup : Closing above month high after downtrend and sideways movement. (Quick Bounce) Entry : 460-480 Stoploss - 440 Target 1 - 520 Target 2 - 580 Time Frame - This is positional trade idea for 3 to 6 months and is a high risk trade. Risk: Wockhardt Pharma is currently reporting losses since last two quarters and prior to that was reporting losses from 2017 to 2020 (4 years) The company promoter has pledged 34.44% of shares. This is a red flag for the counter and needs to be watched very closely. Please invest and trade based on your knowledge and risk profile. Do do consider this trade setup as investment advice.
NSE:WOCKPHARMALong
by BeingNick
2