Get started

Valueinvesting

ESAB INDIA - Could it be a Multibagger !!!Stock P/E 48.0 Industry PE 40.1 Dividend Yield 3.70 % ROCE 32.0 % ROE 23.5 % Face Value ₹ 10.0 ROCE3yr avg 23.9 % ROE 5Yr 14.0 % Piotroski score 7 OPM 12.8 % OPM 5Year 11.1 % Promoter holding 73.7 % Free Float Mkt Cap ₹ 766 Cr. Pledged percentage 0.00 % Debt to equity 0.01 Intrinsic Value ₹ 1,687 Technically: - Brokeout after a long box consolidation and now it has formed an Ascending Triangle Pattern. I see a TARGET of 2375 sooner than later. Momentum index > 0 - POSITIVE Relative Strength rising over Nifty - POSITIVE
NSE:ESABINDIALong
by CannySunny
Divislab :- Box Breakout with Value Buying OpportunityBox Breakdown can be on the cards. Next Target will be the difference of the box.(Marked with green lines.) There is a box made with writing Value Zone so what is it? With Banks in rise there is expectation of Pharma to go down but with volatility around it can be a great opportunity for value buying.. So why suddenly value buying is the question Let me explain with charts. First look at the weekly chart. What does this chart reflects is divislab broke out and rushed to higher levels from 2500 zone so in modern times it is very much possible that it will come for the retest before going for a new journey and with volatility around it is also possible that it will come and shoot back up. Now next thing is why i am expecting it to come here. Lets look at price action chart. Divislab is making lower highs in past few swings and it might continue with it if breaks the box comfortably. Now back to the published chart if we get opportunity to grab this stock anywhere between 2700-2500 we should grab it with both hands. Keep an eye folks. Cheers and Happy Trading.
NSE:DIVISLABShort
by LearnersParadise