Technologystocks
L&T Technology has given breakout | Now it will be unstoppable!!Hello Traders and Investors, i hope you all will be doing good.
I have brought an analysis on L&T Technology Services, i hope it will be beneficial to you guy's,
So let's start:-
As we all know Nifty IT was not performing well since last one year, but now it is accelerating,,i think this momentum will take all good fundamentally stocks to their all time highs. today also Nifty IT roaring with 611 points up(+1.97%) as of now.
I already have posted analysis of Tech Mahindra and similar kind of pattern we are seeing in this L&T Technology also. Hero Also we have seen neat and clean breakout on chart. In this also earlier trend was in Downtrend then Accumulation phase and now it has given breakout of Accumulation phase so now the trend has shift ot Uptrend. We will get confirmation in some few coming sessions.
Some Technical important Levels for L&T Technology Services:-
Best Entry Point to go long in it will be 4050-4120. Now it is trading at 4111.
Keep stop loss at 3908
Targets will be 4311/4684
Price is above 200-D EMA (Means Trend is Positive)
MACD is giving bullish crossover (Means Trend is positive)
Indicator and Price Action showing bullish View in this stock.
Some other Important things about this Stock:-
₹ 43,383 Cr.
Current Price
₹ 4,106
High / Low
₹ 4,319 / 3,076
Stock P/E
38.1
Book Value
₹ 469
Dividend Yield
1.10 %
ROCE
32.8 %
ROE
25.0 %
Face Value
₹ 2.00
Debt
₹ 454 Cr.
EPS
₹ 111
PEG Ratio
2.16
Promoter holding
73.8 %
Intrinsic Value
₹ 2,622
Pledged percentage
0.00 %
EVEBITDA
23.0
PROS
Company is almost debt free.
Company has a good return on equity (ROE) track record: 3 Years ROE 23.7%
Company has been maintaining a healthy dividend payout of 38.0%
CONS
Stock is trading at 8.90 times its book value.
Stock is Giving opportunity for long term investment also at this levels. So trade carefully and always follow discipline in trading.
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
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Thankyou.
This tech hardware CMO could be the next turnaround story!NSE:OPTIEMUS
Technicals:
- Stock price has cleared 3 resistance zones in 3 days and broken out of a long consolidation
- Stock is nearing its all time high resistance zone with strength
- Stock price is showing high relative strength compared to NIFTY
Fundamentals:
- YoY data are bleak with low growth numbers
- However quarterly financials are encouraging with growing sales, margins and earnings
Business:
- Company produces wearables for brands such as Noise and Harman which are well known Gen Z brands
- They will commission new factory for wearables in Noida by December-end as part of its strategy to expand capacity to meet growing demand for smartwatches and truly wireless stereo (TWS) earbuds
- They intend to expand into batteries, displays, and microphone contract manufacturing
Source: Screener.in, Tickertape.in, LiveMint
Disclaimer: Not a recommendation. Only for research and education purposes.
Range Breakout Allsec TechlogyRange Breakout
Buy Allsec Technologies
Closing Price - 451.95
SL - 360 (WCB)
Target - 650/715/800
SWKS BUY 03.09.2019BUY signal at 75.27 $
Skyworks Solutions Inc. designs, develops, manufactures and markets semiconductor products, including intellectual property. The Company's analog semiconductors are connecting people, places, and things, spanning a number of new and unimagined applications within the automotive, broadband, cellular infrastructure, connected home, industrial, medical, military, smartphone, tablet and wearable markets. Its geographical segments include the United States, Other Americas, China, Taiwan, South Korea, Other Asia-Pacific, Europe, Middle East and Africa. This company develops 5G technology.
If you want to see more history of this strategy, I will able to show you if you request me.
ATTENTION this strategy may has downtrend about 10-15%, so you can split your buy order, that you have not big downtrend.
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You can use the signals independently or like indicator of trends together with other indicators in your trading strategy.
Know that the success of your strategy that based on those signals depends from your money management and the additional conditions that you make in these strategies.
You use these signals inside your strategies at your own risk.
The chart shows the last trades on the product + the last signal.
I have several strategies for different products, and I want to show you proof of it works on history, and you will be able to see it, when returns to that profile.
Therefore, subscribe and watch for that profile.
The signals rare but useful.
Longs Initiated @ 2407, Reversal too confirmStrategy: Buy @ 2407 and add more for 2600+ target
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TCS 0.25% was on uptrend and correcting it's uptrend after hitting 2700 resistance zone . Correction was on running flat correction which was supposed to be completed below 2100 levels. Post 2100 support reach, script was able to jump and tested 2550, We are calling it's five wave impulse move in nested manner. 2407 can provide good support level here to go long.
Long Tech Mahindra For Target 455 And 480TechM has Probably Made a Double bottom Around 405 to 407 Levels on Weekly Charts.
Daily Trend has Change to upwards. Closing Above 456 would take him further to 483 Levels ( 50% of Swing Range )
Its a Worth Buy and accumulate at Current level From 440 keeping a Exit Level @ below 427 on Closing Basis.
A Short to Medium Term Trade.