NEULANDLAB trade ideas
NEULAND LAB. Vijay Kedia Portfolio stock.Hie, In this portfolio specific series, we talk about some stock which top Indian investors hold.
In limelight today we have Vijay Kedia. He is involved in the market since he was 19. Kedia strictly adheres to SMILE as a principle in investing; which translates into Small in size, Medium in experience, Large in aspiration and Extra-large in market potential . Holding% - 1.56%
Neuland Laboratories Ltd. manufactures and exports bulk pharmaceutical ingredients and intermediates for the generics industry. The firm engages in the research, development, and commercialization of active pharmaceutical ingredients and intermediates for the generics industry. It offers custom manufacturing solutions and synthetic peptides
*Consistent Highest Return Stocks over Five Years - Nifty500
*Number of FII/FPI investors increased from 24 to 26 in Dec 2020 qtr.
*Institutional Investors have increased holdings from 20.23% to 23.03% in Dec 2020 qtr.
*High promoter stock pledges
*Inefficient use of shareholder funds - ROE declining in the last 2 years
For more you can check the stock out on trendlyne.com/fundamentals/financials/933/NEULANDLAB/neuland-laboratories-ltd/
Sources credit:
Trendlyne & TradingView.
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The analysis is my POV , in no way it is a buy-sell recommendation. Hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!!!
NEULAND LABS - Inverted HNSAn Inverted Head and Shoulder pattern on the weekly chart.
Breakout on Daily Chart.
A trend line which would most probably determine all the above targets.
Also, a candle stick pattern very similar to the Morning Star has been formed at the right shoulder.
Only time will tell if this analysis was time well-spent.
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Medium Term Investment IdeaTrend line breakout clearly visible .
Volume supported move.
Breakout happen exactly on most important 0.61 Fib level
Consolidation above 200 DEMA is very positive.
accumulate near breakout level.
Stock has ability to move up sharply
Please do follow the stop loss.
Stop loss on daily closing basis.
Comments and suggestion are very welcome !