Value
Little Champs IndexThe following index is made from small cap stocks from the Marcellus Little Champs portfolio. The base price is kept at 10000 and the base date is kept as 8th December 2021. There are 10 stocks each having 10% weightage. Stocks are
1.Garware Technical Fibres
2.GMM Pfaudler
3.Galaxy Surfactants
4.Mas Financial
5.Amrutanjan Health
6.Mold Tek packaging
7.Suprajit Engg
8.Vmart
9.LaOpala
10.Lumax Industries.
There are some more stocks such as Ultramarine, DCB Bank etc.
This index has performed in line with the BSE Smallcap index in last 2 years. It will be interesting to see how things go from here after a great rally in Smallcap universe.
#BLOKTOPIA CHART BULLISH!!! #METAVERSEAs you guys know right now there is a trend of metaverse coins and this coin is fundamentally strong, in this you can build your virtual office and all things virtual. And big thing is binance, kucoin etc. also purchased virtual office in there virtual world.
And right now chart is forming bullish flag pattern which is bullish pattern and if this pattern break outs than it will easily reach its all time high and take profit targets are given in chart and always buy in DCA method.......
If anyone wants any crypto chart analysis can comment below.......
10000 soon in Maruti?Maruti has build its reputation as India's no. 1 automobile company. Some people are doubting that in the transformation to EV phase it may lag behind other players. But they forget that this company is master in knowing the demands and needs of Indian consumers. So either Maruti takes its time in EV and then surprise everyone or Maruti can be the new Nokia? I am of the former opinion.
bullish harmonics value addition!vakrangee ltd :
1. buy in range 29 to 24
2. keep stop loss as 17 on closing basis
3. targets : 37.55 / 43.65 / 50 +++
technical buy based on :
1. bullish harmonics
2. fibonacii retracement levels 78.6% to 88.6%
3. value buy
4. support / demand zone
note :
stock is on a continuous downtrend since recent high from december 2020
and has reached good bullish reversal zone & bullish harmonics pattern seen in.
stock can be added on as good value pick for long term investment pick.
Coal India Triangle Formation on Weekly & Daily TimeCoal India is near a triangle pattern breakout.
CMP 148
Buy above 155
SL 130
Target 205
Duration 3-4 Months
Fundamental Snapshot:
PE Ratio - 6.64
Debt Equity Ratio - 0.16
ROCE - 46.1%
ROE - 37%
Dividend Yield - 10.16%
Operating Profit & EPS - Rising YoY
GBP/USD Sort Trading Strategy Short Trading Strategy
1.36000 is All over low.
look at the chart every time we have two possibility and two opportunity.
i divided it in two scenario
first we will talk about up trend i have draw a resistance line if GBPUSD brake the resistance line then this is confirmation of up trend and you can by safely and also put a protective stop loss.
second we will talk about selling if GBPUSD break the support-line and cross the level of 1.36990 then you can sell if you want to do .
if you have even 1% doubt on your trend then it is fine dont trade skip that day and take rest .....
IRCTC FUNDAMENTAL BETGoI recently announced monetization of 400 railways stations or nearly 152,000 crore of assets. considering this is positive for the stock we can go long in this. immediate support lies on the horizontal support drawn below which is for short term traders. long termers can hold the stock according to their risks. targets are marked on the charts which are for both short term and medium-long term.
ADA approaches all time high 🤩Cardano is looking to upgrade the network in the near future, bringing smart contracts to Cardano via a hard fork combinator (HFC) event.
“Any growth in the price of cryptocurrencies is either directly caused by positive news driving up sentiments among buyers or a growth in tandem with the overall market trend,” Yuri Mazur.
ZOMATO Short term buy opportunity The company’s net loss in Q1FY22 widened to Rs 356.2 crore from Rs 99.8 crore, YoY. Net loss in the quarter ended March 2021 was Rs 130.8 crore. Revenue jumped to Rs 844.4 crore from Rs 266 crore, YoY. Jefferies has updated the the target to ₹175. Theres can be short term buying opportunity with a target price of ₹150/155/160
united spirits bearish for a whilewe can see broadening triangular pattern which is a bearish continuation pattern , united spirits is strong fundamental and valued stock , where the company is clearing its depth in past few years good to acquire as it is a strong stock but now there are bearish signs rsi is around 30 can buy at this dip and if further falls wait till price comes over 20 day ma
fundamentally it is an international company and there are many brands under this company simply bussiness wise its like an every green company and in this field majorly radico kaithan and united spirits almost like a duopoly
risks involved for united spirits(these wont long in the long term i think so )
may be they are duopoly but local governments and many big guys (politicians) are running their own local bussiness and local brands are promoted where this stock have customers which are loyal but new customers are not being added and sales are not much improved and the company for past few is clearing its depts so in long they will be cleared of depts and newly appointed staff i mean chairman or ceo (i dont remember exactly)is changed many say she might increase sales but it is a stock which has great value and the company is very old company and if you go to their websites you can see their products ,and they research and development facilites they have so actually
it is good company with strong bussiness almost it is like a too big to fall company for long it will good value stock but for now it is bearish so buy on dips in future its hurdles may clear ,as their products are of high costs and quality mostly upper class consume these commonly where middle and lower class they mostly consume on occasions, as their some products cost around 3000-5000 and even more based on some local knowledge and website information ,where radico kaithan products are also available around
150-300 also radico adds more customers year on year for example like students , and job doing people , normal level products for celebrations are contributed to radico kaithan ,
thankyou for reading
disclaimer - this is my idea and opinion trade at your ownrisk
IDFC and IDFC First Bank - reverse mergerIDFC holds a significant portion of IDFC First Bank as a bank HoldCo. IDFC has no other purpose of existing and hence we might see a reverse merger where shareholders of IDFC receive shares of IDFC First Bank or the shares are sold and the proceeds are returned to the shareholders of IDFC.
Tata Steel BSL Ltd.: An Opportunity for Traders & Investors!Tata Steel BSL Ltd.: Triangle Breakout
1. Stock has given breakout from descending triangle pattern,
2. Volume receded considerably during consolidation phase & Heavy Volume is observed at breakout,
3. Moving averages indicating initiation of uptrend!
Considering above facts one can buy at CMP (96.85) with price target of 106 (according to measure rules of descending triangle)
Moreover, company’s fundamentals are good & price has been undervalued too!
So an investor with long term view can hold for a target of 315
Lastly, we should not forget stop loss while trading / investing in stock market which is 84 in this case.
Disclaimer:
This idea is presented just for educational purpose only. You will be solely responsible for your own money & decisions you take.
multiple resistance/rounding bottom buycastrolind : 141.60
trade set up :
1. buy above 150.50
2. keep stop loss as 128 on closing basis
3. targets 162/186/222+
buy based on technical :
1. rounding bottom
2. multiple time frame analysis
3. resistance
4. value buy
note :
breakout attempted once and retested ,
results were too good last quarter .
good long term pick .
its almost debit company at good valuation to pick