Valueinvesting
WELCORP | Flag & Wedge formation - 52% potentially it can goWELCORP | Flag & Wedge formation - 52% potentially it can go up side
CMP : 100
SL : 92
Target : 150
Almost 1:6 risk reward setup
(P.S: Its a weekly chart, Small cap, Circuit range is 5% so plan your trade accordingly - Could take time upto Weeks to Months)
MEGH | Taken Good support and turned bullish - Can see 14%MEGH | Taken Good support and turned bullish - Can see 14%
CMP : 75 (Can buy any dip upto 73)
Target : 84
SL : 70
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.
Chemical Industry Have its Bull on the moveAsian Paints had a clear breakout of its resistance with a bullish candle. As the sky is open for AsianPaints you can do value investing.
-Mohit Rajani
Investment Idea On Diamines and Chemicals Ltd.(DIAMINESQ)Long Term Investment idea
Target 220+++
Time period-1 Year
BDL: Bharat Dynamics.....BUY Target 600 ....Jai HINDMissile Maker
Going Like a Missile.
Good Technical Set up, Flag & Pennant
Fundamentally Great.
Exports Started first time by a Domestic Defence Mfg.
ZERO DEBT
High Dividend Payout
A Value StockHindustan Composite a Great Value stock available at very cheap price. Current Market Cap of 237 Cr. The company has investment in some quality companies, which is valued at 632 Cr.
After 90% fall from top it looks positive. Mother son sumi has fall almost 90% from top.
The company fundamental is still strong and it wll be.
Short term impact has destroyed the price in past 2 year.
Target only for our paid members.
Keep sl below 47
Deepak nitrate new bottom at 300-320A must have in portfolio.
Buy at small risk around 300-320 with 10% stop loss.
Target will be around 1000 in 1 year.
Momentum stoc
Buy IPCA LAB @1200.Ipca lab has shown a strength in the current and past bear market.
CAGR of 19% in past 10 year makes it a long term bullish stocks.
Target 2400.
Sl daily close below 1040.
Potential buy at 1800-190045% correction from top and a fast retracement
Applies to a bottom at 1800-1900.
Huge potential stick for mid term and long term.
Deepak nitrate bottom around 300-315.After a sharp correction in deepak nitrate the stock is still maintaining its momentum.
We can expect a bottom formation around 300-320 level.
Buy with a 10% stop loss.
This stock looks good with other few stocks which can give huge return in next couple of months.
CAntabiL retail still showing strength at 200CAntabiL retail sustaining above 200 on weekly basis.
We wll watch it for few weeks at this level and strt buying soon with sl at recent low.
Jubilant food level to watch 1000-1100Looks like jubilant is about to bottom at 1000-1100.
Lockdown is going to give huge opportunity for pizza so definitely a multibagger to watch
Baalkrishna industry levels to watch on weekly basis 700.If balkrishna industry survive above 700 for another few weeks investor should look for buying opportunity.
A bottom formation at 100-110Long term chart suggest a reversal is coming.
Target 700 for few years.
Long term Target 1500.
A value buy stock with lots of up and down
Buy @ 216-221, Sl below 205 ,Target 300/500V agurd one of leading momentum stocks in 2019.
A must buy with strict sl
Maithan Alloys - Heating to Shape up - Good Investment (2)Technical: Strong breakout Awaiting
After a breakout from a downward trend line, it strongly went up and then consolidated for a while, now it is showing sign of breaking the strong consolidating, which may take the prices further up to the range of 650-750 levels, with stops at 500.
Fundamental: Undervalued
Market Cap: 1600 Cr.
P/E: 6.2
Debt to Equity: 0.01
Book Value: 285
Price to Book Value: 1.4
1. India's leading manufacturers and exporters of niche valued added Manganese Alloys, Ferro and Silico Manganese, used in manufacturing of stainless steel for enhancement in strength and durability of steel.
2. Provider to prominent domestic clients like Jindal Steel, Tata Steel, SAIL, Arcelor Mittal and to international clients like China Steel, Qatar Steel and more. Exports to 35 countries.
3. Consistent profit and sales growth due product niche in the market with commitment to efficiency and low cost curve.
4. Sales Boost through India's Infrastructure Growth and Housing for 2020 scheme by Govt.
5. Recently, invested 600cr for a new plant setup in Bankura to generate 1,20,000 tone
Overall, a strong management making consistent growth on low debt cost. The company is unvalued as per my analysis and it shall further move up to the price range of 3-4x of book value, which will be around 850-1150 levels.
Any opinions or comments on the same will be appreciated. Regards
