TERM
IFCI -- SHORT TERM - 10-20% IFCI -- HOURLY CHART. -- Look 10-20% profit potential 10-15 DAYS time frame.
>> stock has trendline support at 12.25 level as well as double bottom formation also seen exactly at this line higher channel this both indication bullish from current cmp 12.30
>> stock has potential profit 10.20% from current cmp 12.30
BUY IFCI @ 12.30
TARGET 13- 13.50- 13.75 +
stop loss 10.75
** this idea is for educational purpose ** trade at own risk
** HAPPY TRADING . !
NMDC - A technical-fundamental viewNSE:NMDC
PSU THEME STOCK
NMDC Limited is engaged in the mining of iron ore. The Company's business segments include Iron Ore and Other minerals & services.
For the quarter ended 31-12-2021, the company has reported a Consolidated Total Income of Rs 6026.68 Crore, down -12.43% from last quarter Total Income of Rs 6882.44 Crore and up 35.10% from last year same quarter Total Income of Rs 4460.97 Crore. Company has reported net profit after tax of Rs 2048.40 Crore in latest quarter.
TTM EPS: 35.48
TTM PE: 4.43
Sector PE: 13.40
Book Value Per Share: 102.02
P/B: 1.55
Mkt Cap (Rs. Cr.): 46,054
Dividend Yield: 4.94
Promoter/FII Holdings: Promoters held 60.79 per cent stake in the company as of 31-Dec-2021, while FIIs owned 5.32 per cent, DIIs 21.85 per cent.
Some Positives:
Rising Net Cash Flow and Cash from Operating activity
Strong Annual EPS Growth
High Revenue and Profit Growth with High Return on Capital Deployed (ROCE) and Low PE ratio
Company with Low Debt
Company able to generate Net Cash - Improving Net Cash Flow for last 2 years
Book Value per share Improving for last 2 years
Company with Zero Promoter Pledge
High dividends, with rising dividend yields over last five years
Strong Momentum: Price above short, medium and long term moving averages
Some Negatives:
Decline in Net Profit (QoQ)
Decline in Quarterly Net Profit with falling Profit Margin (YoY)
Declining profits every quarter for the past 2 quarters
Recent Results: Declining Operating Profit Margin and Net Profits (YoY)
My Personal Opinion: Stock is positive above 166 only. 196 is very important level above which there is no stopping NMDC. But I believe the stock would continue to consolidate for now so I would hold and add more on dips until 130.
NOT A RECOMMENDATION. ONLY FOR EDUCATION PURPOSE. Thanks.
ITC Now showing Breakout SignsITC is looking very strong on charts and after a long time it's ready to give breakout above 265-270, you might see some very good movement here.
Levels are explained in charts
Disclaimer: This study is for educational purpose only & is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
TATASTEEL HEADED FOR A BIG BREAKOUT BREAKOUT TO TRADE:
Nifty Metal Sector has gave weekly closing above 61.8% Fib Retracement which means Metal Sector is now officially in Bullish Trend.
Our Long Term Pick is TATA STEEL
REASON :
1. Symmetrical Triangle!
2.Metal Sector Staring at a Breakout!
3. Removal of weak hands done last week.
TARGET : 1500+
SL IS WEEKLY CLOSING BELOW 595
OFSS - Fundamentally strong / Falling wedge Breakout on cardsStudy
- Fundamentally the stock looks good for long term (1 year target - 5900)
- Fair Value - 4000
- Debt Free Company with div yield of 6%
Risk Free Possible Trades
- Current price is in entry zone
- Enter at the LTP and look for target 1 - 3733
- On weekly closing if stock is above 3601 enter again and look for Target 2 and more
- Add it to your watch-list as it Can give multiple entry zone in coming months(Stay tuned - Will be updated)
BEL huge rally seems on chartsBEL is looking very strong and after a good consolidation for weeks between 200-230 for multiple weeks you might see some very good movement here.
Levels are explained in charts
Disclaimer: This study is for educational purpose only & is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
TATA POWER BREAKOUT - Green Signal BUY>It took nearly 6 months for a massive breakout... Cheers for all those who remained patience during 6 months of consolidation phase..next target is 320
Breakout in the trend line, based on your risk management go for buy.
>Safe traders wait for Retracement buy @275 ,
>Aggressive traders buy @276.
TATA POWER -- Bullish W Pattern TATA POWER DAILY CHART BULLISH W PATTERN
1. Stock trendline support at 200 level
2. Double bottom Formation seen at 200 level
3. Formation of Bullish w pattern on daily chart
4. Resistance breakout seen last daily closing candle
5. short term target 260+
BUY TATA POWER @ 241.35
TARGET 260+ short term ( 1 Month )
stop loss 220
** THIS IDEA IS FOR EDUCATIONAL PURPOSE ..Trade at own risk !
HAPPY TRADING . !!
HAL ready to BlastHAL after forming IH&S is now trying to give breakout above levels marked on the chart with great volumes. Post this breakout this can be good swing trade for short/medium term.
Levels are explained in charts
Disclaimer: This study is for educational purpose only & is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
ready to break resistance of DecadeNSE:TV18BRDCST
TV18BRDCST - for Mid. to long term
● Ready to break resistance of Decade.
●Could be next #multibagger
● Please note, it's weekly Time frame. So time taken to reach target will be in 'no. of weeks'
●Entry will be around 75.
●SL will be subjective to weekly candle closing below the zone i.e. around 64.
●Aim for at least 1:4 to 8 risk reward.
•𝘋𝘪𝘴𝘤𝘭𝘢𝘪𝘮𝘦𝘳 - 𝘛𝘩𝘪𝘴 𝘱𝘰𝘴𝘵 𝘪𝘴 𝘧𝘰𝘳 𝘦𝘥𝘶𝘤𝘢𝘵𝘪𝘰𝘯 𝘱𝘶𝘳𝘱𝘰𝘴𝘦 𝘰𝘯𝘭𝘺. 𝘛𝘩𝘪𝘴 𝘪𝘴 𝘯𝘰𝘵 𝘢 𝘳𝘦𝘤𝘰𝘮𝘮𝘦𝘯𝘥𝘢𝘵𝘪𝘰𝘯 𝘵𝘰 𝘣𝘶𝘺 𝘰𝘳 𝘴𝘦𝘭𝘭 𝘢𝘯𝘺 𝘴𝘩𝘢𝘳𝘦.
P.S.:- Position size should be decided considering SL we are putting.
Do not hesitate to take SL 😊
#the_pravin #simplepriceaction #notoindicator #nakedchart #swingtrading