Renuka sugars Analysis Stock has given BO on daily chart with massive volume after long downward move from ATH level of 68, follow chart for proper support and resistance levels.
Tradingsetup
Sharda Cropchem Analysis Stock is trading near to weekly and daily BO zone, massive volume spike seen on both TF chart, follow chart for proper support and resistance levels.
Hero Motor Corp Analysis Stock is trading near BO zone and massive volume build up seen on weekly TF making double bottom pattern, follow chart for proper entry and exit levels.
PTC India Analysis Stock has given huge BO with massive volume spike on daily chart, good for day trade.
#TATA POWER Analysis Stock is trading in a zone of 185-230 levels since long time, BO above 215 lead to 235 levels which is first hurdle, also stock is facing supply at 250 levels. However, a fine stock for investment portfolio.
# DIVISLAB Breakout Analysis Stock is near to BO on daily chart with good volume spurts, stock retested it's support after 1st BO, follow chart for proper entry and exit levels.
#IOC BO Analysis Stock is trading near weekly/ monthly TF breakout with good volume build up, if sustain above BO level, entry and exit as per marked level.
Pcbl breakout trade idea for swing trading I daily make educational content videos for swing trading
Tata Chemicals giving opportunity to enter for long termTata Chemicals Limited is engaged in the business of manufacturing and selling a variety of chemicals and agricultural products. The firm has three reportable segments – Inorganic Chemicals, Agri Inputs, and Others. The majority of company’s revenue is coming from domestic operations itself.
Tata Chemicals is the world’s third-largest producer of soda ash with a global capacity of 4 million tonnes per annum with manufacturing operations spread across India, US, UK, and Kenya.
The sharp fall in stock prices mentioned above is observed after there has been a buzz around soda ash prices. There has been a fall in soda ash prices in China since mid-March and the market, lately, reacts to unexpected news of substantial capacity addition in Inner Mongolia from May this year.
Having a quick glance at the financials of the company, the revenues and PAT figures have decreased in the recent quarters with revenues going down from Rs 4,240 crores in Q2 to Rs 4,150 crores in Q3. Net profits too went down from Rs 640 crores in Q2 to Rs 520 crores in Q3.
On the contrary, the profitability ratios have shown some improvement with ROE moving from 3.02 percent in FY20-21 to 7.22 percent in FY21-22. Moreover, the ROCE numbers shifted from 4.72 percent during FY20-21 to 7.58 percent in FY21-22.
As per the data available for the quarter ending December 2022, promoters hold a 37.98 percent stake in the company. FIIs, on the other hand, reduced their stake with the recent movement being 14.92 percent in Q2 to 14.43 percent in Q3.
Market Cap
₹ 24,016 Cr.
Current Price
₹ 943
High / Low
₹ 1,215 / 773
Stock P/E
11.6
Book Value
₹ 753
Dividend Yield
1.33 %
ROCE
8.40 %
ROE
7.58 %
Face Value
₹ 10.0
Debt
₹ 6,375 Cr.
EPS
₹ 80.3
PEG Ratio
2.64
Promoter holding
38.0 %
Intrinsic Value
₹ 973
Pledged percentage
0.00 %
EVEBITDA
7.94
PROS
Company is expected to give good quarter
Company has been maintaining a healthy dividend payout of 42.9%
CONS
The company has delivered a poor sales growth of 4.06% over past five years.
Working capital days have increased from 18.3 days to 63.0 days
Well i have done with my best possible analysis about this ticker. Now you guy's have to decide what to do, from my side it is a green signal, and will also enter if it will come in my range which is i already mention on chart. Company is good for long term, maintaining a healthy dividend payout. So if anyone wants to go long can go with given level on chart.
If anyone likes my work then please support me by like, follow and comment.,
Thankyou:))
banknifty tomorrow trade setup if banknifty open between 40945 and 41100, and market hold some time between them and it breaks 40945 level, it may come down to 40800 level. and when it breaks level 40800 then it may come to 40600 with very fast move as there are lots of entry for upside and there will be sl of the traders.
How to select the Stocks for INTRADAY Trading #tradingstratergyHow to select stocks for Intraday or short term.
We can do this in two ways.
First one, using manual method and the second one is using screeners
For day trading, we need to complete the trading in the first 1:15hours or last 1:15 hours i.e at 2:15 pm as the volume tends to be more by this time, in between, the market will be in the consolidation oe else, it will be setting for a new trend.
When to retake the calls and how many times?#tradingstratgyWhen to retake the calls given and how many times?
Once the SL hits, we need to wait until the price reenters the buy zone with an increase in buyer volume.
Hey Traders,
HOPE our analysis is adding value to your Stock market trading Journey.
If yes, Hit like button or boost our ideas. Thank you.
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Target 1 achieved in ITC | 5.5% Mover This idea is a follow-up to ITC
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Disclaimer: The information provided is for educational purposes only. Our intention is not to provide any financial advice, don't take any decision without consulting your financial advisor.
Swing Trade OpportunitySwing Trade Strategy-ARVIND LTD
Strategy is based on price action,arvind ltd is on bull run i've purchased @128.05 stop loss is @98,
target should be @150 atleast.You'll easily get 20-25% in 1 month.
*Stop Loss Is mandatory
Nifty Daily AnalysisNifty completed the rounding bottom but failed to clear the resistance of 18320. Now the rounding bottom pattern is invalidated and from here on range in nifty for upcoming days is 18320 zone on upper side & 18050 area on lower levels. Until nifty moves beyond any of these levels it's in indecisive zone.
Late night Technical analysis talk - Beautifull Potential trades Beautifull Potential trades for my followers :)
This is just one view now U have them make good use of setups also some learning points and some good Risk to reward setups have fun and good trading day :)
Late night Technical analysis talk - Nifty energy stocksThese are potential trades given by you guys only in the comment section :) also, some are my findings
Update on Bajaj finance and Reliance is given inside the video
NO intraday analysis for today only swing based
Nifty energy seems bullish so we took 2 stocks into consideration for that :)
