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NATIONALUM - Reversal on Cards? but 190 to be tested first?My detailed analysis on the script on weekly TF can be found here. For now, looks like the first leg of correction will end at around 190 zones.. Reasons are explained well in the chart; but here is the brief Harmonic pattern target 200 DEMA Trendline The probable future path is depicted below.. remember, the B wave could very well go past 263 too.. for now, lets see where the A wave terminates I am not a SEBI registered Analyst. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions. Please consider my views only to get a different perspective (FOR or AGAINST your views). Please don't trade FNO based on my views.
NSE:NATIONALUM
by Murthy_Santhosh
KPITTECH - Wait for the PullbackCMP: 1533 Primary view/assumption is that, 3rd and 4th wave are complete and now are in the early stages of the Primary (5)th wave. Price has retraced 38% of the entire impulse from 2nd wave and now showing signs of reversal. Price is now approaching the 200 DEMA and the wide range RED bar (GAP Down Candle) at 1600 levels The smaller TF 5 waves also appears to be terminated/ended at around 1600 levels. If indeed, the primary view of bullishness to play out (5th wave has started), then it is prudent to wait for this impulse to end expect the DIP in the 2nd wave down. The 3rd wave will be most rewarding On Weekly TF, Primary 3rd is complete Daily TF 1 and 2 with Subwaves Daily TF wave 3 with subwaves Daily TF 4th wave and subwaves I am not a SEBI registered Analyst. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions. Please consider my views only to get a different perspective (FOR or AGAINST your views). Please don't trade FNO based on my views.
NSE:KPITTECHLong
by Murthy_Santhosh
BRITANNIA [POSITIONAL | SWING] [LONG]I have taken a long entry In BRITANNIA At 4800 Upcoming Tax budget will have relaxation which would boost FMCG & Auto sector. Fundamental Information Britannia Industries Limited is a leading player in India's fast-moving consumer goods (FMCG) sector, renowned for its extensive range of bakery and dairy products. Let's delve into its fundamental strengths and key financial metrics: Market Position and Brand Strength: Britannia boasts a robust brand presence with products like Good Day, Marie Gold, and NutriChoice, enjoying significant market share in the biscuit segment. Financial Performance: Revenue Growth: For the fiscal year ending March 2024, Britannia reported a revenue of ₹46.68 billion, marking a 5% increase from the previous year. REUTERS Net Profit: The net profit for the same period was ₹5.31 billion, reflecting a decline attributed to challenges like urban demand slowdown and commodity inflation. REUTERS Profitability Ratios: Gross Margin: Stood at 43.05%, indicating efficient production cost management. INVESTING Operating Margin: Reported at 17.28%, showcasing effective control over operating expenses. INVESTING Net Profit Margin: At 12.9%, reflecting the company's ability to convert revenue into profit. INVESTING Valuation Metrics: Price-to-Earnings (P/E) Ratio: Approximately 68.38, suggesting market expectations of future earnings growth. INVESTING Price-to-Book (P/B) Ratio: Around 37.96, indicating investor confidence in the company's asset utilization. INVESTING
NSE:BRITANNIALong
by parimal_
CAPITALSFB READY TO GAIN TRUST "Vishwas se Vikas tak"Hello, Everyone I hope you all will be doing well in your life and your investing as well. Here I have brought a stock of a small finance bank ltd. CAPITALSFB is the name of the stock. CMP is 286. Its all-time low is 270. can count as stoploss and all time high is 469. Strong support at 270. Strong Resistance at 300. If it breaks and close above 310 then Upside target as per Fibbo 350, 370, 390, 420 and 470. Just an assumption. Please do you research. Not a suggestion of buying. Source: Screener.in Capital Small Finance Bank Ltd About Incorporated in 1999, Capital Small Finance Bank Ltd is India's first Small Finance Bank Key Points Business Overview: CSFBL started as a local area bank and converted to a Small Finance bank. It extends agriculture loans including kisan credit card (KCC) loans, mortgage loans, housing loans and Micro, Small and Medium Enterprise (MSME) loans to middle income individuals. Asset Quality: 99%+ of their advances are secured due to which they have been able to keep their asset quality under control with gross non-performing assets ratio remaining below 3% over the last five years, with minimal write-offs Advances Book: In FY24, their advances stood at Rs. 5,634 crore with overall 40,000 customers. Agriculture lending was 37% of advances, in the form of KCC and term loan. The average ticket size for agricultural loans is Rs, 12 lakh and lending rate is ~12%. Rest of the loan portfolio consists of MSME loans with an average ticket size of Rs. 18 lakhs and lending rate of ~11%, contributing ~20% to their loan portfolio along with Mortgage Loans contributing ~27% to their advances with an average ticket size of ~Rs. 12 lakhs and lending rate of ~12% Retail Loans & Deposits: Their focus is on retail segment for loans and deposits. Retail advances form ~74% of the total gross advances, and retail deposits form ~97% of total deposits. Average roll over is ~90% for term deposits Loan Portfolio: Agricultural ~Rs. 2,293 Crore, MSME, and Trading ~Rs. 1,182 Cr, Mortgage Lending ~Rs. 1,624 Cr, Large Corporate Loans ~Rs. 566 Cr, Others ~Rs. 495 Cr Deposit Portfolio: Savings A/C ~Rs. 2,607 Cr., Current A/C ~Rs. 256 Crore, Term Deposits ~Rs. 4,614 Cr Services Offered: a) Loan Portfolio: Agricultural (Kisan Credit Card, Agricultural Term Loan), MSME & Trading (CC/OD/WCTL, Project Loan, Machinery Loans), Mortgage (Housing, Loan-against-property), Others (Gold loans, Auto loans Consumer durable loans, Personal loans, Corporate loans) b) Deposit Portfolio: Savings Account (Capital Savings & Capital Super Savings A/c), Current Account (Capital plus Current Account Capital flexi A/c), Term Deposits (Short -Term Deposit, Cumulative Deposit, Monthly Interest Deposit, Tax Saver Accounts), NRE/NRO Accounts c) Fee-based Products: Insurance Products, Forex Services, Money Transfer Services, Safe Deposit Lockers, 3-in-1 Demat & Trading Account d) Other Services: Branches, ATMs, ATM cum Debit Cards, Internet Banking, Mobile Banking (Capital Mobile+), Mobile Passbook (Capital Mobile Connect) Geographical Presence: Company has 180 branches in 40 districts and 7 states & UTs including: Punjab ~154, Haryana ~16, Rajasthan ~3, NCR ~3, Chandigarh ~2, Himachal Pradesh ~1, Jammu & Kashmir ~1 Rural-Urban Mix: Rural Areas ~41%, Semi-Urban Areas ~34%, Urban Areas ~25% Revenue Breakup - FY24: Interest on advances/bills ~72%, Income on investments ~13%, Interest on balance with Reserve Bank of India and inter-bank funds ~6%, and Commission, exchange, and brokerage ~7%, Other Income ~2% Change of KMP: M/s T R Chadha & Co. LLP resigned as the Statutory Auditors and were replaced by M/s SCV & Co. LLP on July 23rd 2024 This is just to boost my confidence. No Suggestions for buying. Disclosure: I am not SEBI registered. The information provided here is for educational purposes only. I will not be responsible for any of your profit/loss with these suggestions. Consult your financial advisor before making any decisions.
NSE:CAPITALSFBLong
by Alleyshah
VOLTAS a Flag under formation will it breakout ? NSE:VOLTAS Ltd. is an interesting chart to keep on radar with following 1. RSI on all time frames above or almost at 60 2. Flag Pattern under formation at weekly chart 3. Price earlier was forming lower highs and lower lows; However after 16th December it started forming higher high and higher lows 4. ABCD pattern under formation on weekly chart 5. Weekly green candle on close of week with higher volume 6. Consumer Durable index is also forming similar bullish structure on charts Will it breakout or continue its consolidation ? Lets See How it Evolves. Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to take some position with my own Risk Reward matrix.
NSE:VOLTASLong
by purisonshuf
Apollo Micro-Do not miss this Volume breakout!Apollo Microsystems has given a breakout of consolidation with a strong weekly closing, almost forming a bullish marubozu candle Stock will look good only when it retest level of 110 and bounces. Levels mentioned on chart. I will not buy at CMP. Stock has potential to fly at least towards 200 according to fib extension. It is too good of breakout to miss. I have hardly seen such a bullish weekly candle recently when Nifty has been slight bearish.
NSE:APOLLOLong
by chartistamey
Lupin Breakout on Weekly Chart Current Analysis of Lupin (Price: ₹2369) Market Position: Trading near all-time highs. Recent breakouts were observed on both weekly and daily charts. Entry Strategy: Daily Candle: Wait for a retest of the ₹2306 level before entering. Look for a higher high (HH) candle for confirmation. Weekly Candle: Consider entering if the candle closes above ₹2369 with a higher high pattern. Technical Indicators: RSI: Indicates bullish momentum. Volume: Increased volume over the past few days supports the price movement. Risk-Reward Ratio: It appears favorable, suggesting potential for significant upside. Target: Aiming for ₹3000 within 6 to 8 months seems realistic based on current trends. Support: Trendline can be considered as a support level for managing risk. Considerations Monitor overall market conditions and any news that could impact Lupin’s performance. It may also be wise to set stop-loss levels to manage risk effectively.
NSE:LUPIN
by vishalkoyande2000
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