PTC India- Power is transmitting higher and higherAll time high is broken for the target of 370. Good stock with good dividends too.
Note: This is for educational purpose only.
Team Stocks-n-Trends
PTC trade ideas
Multi year Consolidation breakout seen in PTC indiaHello Guy's, i have brought another analysis on stock which has given a proper multi year breakout on chart. Let's analyse and will see if we can do anything from this stock..
Well guy's Now a days all government stock is making new highs due to Chandrayan limelight and some government recent events..This Ptc Stock has given a huge breakout on monthly timeframe. it has given breakout almost more than 12 years and volumes are supporting the breakout. A trade can be executed with small stop loss in it.
Important levels for PTC India
Buy in the range of 127-132
Keep stop loss at 116
Targets we can see in upside 150/169/213
Price is above 200 EMA
We have seen Proper Neat & Clean Multi year Breakout on Monthly timeframe.
with Good Volume
Price is sustaining above breakout trendline levels
MACD and RSI has given bullish crossover (I have not placed any of indicators which i have discussed above except Volume indicator as i want chart neat and clean but i have analysed all already)
Now focus on stock background
PTC India Limited was established in 1999 by the Government of India as a Public-Private Initiative and is in the power trading business. It is promoted by Power Grid Corporation of India Limited (PGCIL), NTPC Limited (NTPC), Power Finance Corporation Limited (PFC) and NHPC Limited (NHPC)
Market Cap
₹ 3,876 Cr.
Current Price
₹ 131
High / Low
₹ 132 / 67.5
Stock P/E
8.46
Book Value
₹ 170
Dividend Yield
5.96 %
ROCE
9.82 %
ROE
9.15 %
Face Value
₹ 10.0
Debt
₹ 6,546 Cr.
EPS
₹ 15.5
PEG Ratio
0.38
Promoter holding
16.2 %
Intrinsic Value
₹ 165
Pledged percentage
0.00 %
EVEBITDA
6.19
PROS
Company has reduced debt.
Stock is trading at 0.77 times its book value
Stock is providing a good dividend yield of 5.96%.
Company has been maintaining a healthy dividend payout of 49.0%
Company's working capital requirements have reduced from 87.9 days to 63.2 days
CONS
The company has delivered a poor sales growth of 4.58% over past five years.
Promoter holding is low: 16.2%
Company has a low return on equity of 10.3% over last 3 years.
Company might be capitalizing the interest cost
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.
PTC India Ltd (16 Year Breakout Steup)PTC India Ltd has given a multiyear breakout at the 201 level. It could be possible that the stock can achieve 270, 330, and 370 levels in the coming few months. The level of 201 can act as support. Also, good volumes can be seen on the monthly chart.
Disclaimer: I am not a SEBI registered analyst. All the stocks are for educational purposes. Investors must consult a financial advisor before making any investment. It is not a buy or sell recommendation.
Breakout SoonStock is in formation of bullish pennant pattern. A rally upwards can be seen after breakout from the triangle. Keep an eye upon it. Not a buy, sell recommendation. For educational purposes only.
Ptc India Limited - Long Setup, Move is ON...#PTC trading above Resistance of 191
Next Resistance is at 289
Support is at 130
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
PTC India Ltd - Bullish Mode#PTC
CMP ₹. 160.6
PTC India Ltd is a public - private sector holding company engaged in the trading of power who has got permission to trade unlimited volumes from central electricity regulatory commission. Eventhough fundamentals looking not good but financials are improving. Revenue and net profit increasing . Debts will get reduced if the proposal for acquisition of its subsidiary PTC Energy Ltd by ONGC Ltd. Stock has broken it's multiyear resistance trend line. Cup & Handle breakout also happened. Steep parallel channel movement also identified from charts. Technically looking bullish. 250- 270 levels can be accomplished soon. Stoploss @ 150 levels.
Disclaimer : Post only for educational purpose. Not a buying / selling recommendation. This is only my personal view. I am not a SEBI registered analyst . Do your own analysis and act accordingly .
PTC INDIA-Has a bullish gap to fillPTC India :After a brief consolidation phase showed signs of reversal. Bullish gap exists between 140-145 ,10 DEMA Cross over suggests PTC will fill the gap and if holds shall test 150 followed by 155
(For Educational purpose only)
Long PTC good setup.Long PTC stock. Good setup . Stock is in a long uptrend. A very good spot to go long near the 50 EMA. This is for your educational purpose only.
PTC India Fresh Buy above 122 for the Target of 133Looking strong to break the 122 resistance this week which will inch towards the all 52 high value 132
PTC: 12 year breakoutPTC is breaking out af a 12 year channel. It formed a large cup and handle also over the last few years. High volume and high RSI
PTC (Power of The Charts) Monthly breakout on cards and very close to reach it's previous all time highs. Keep adding with weekly SL of 120rs. Huge potential considering the India growth story. Dividend is another add-on. Holdng is the key for next 2-5 years for minium 2-3x returns.
PTC to take long EntryLong PTC stock for the target 140+. Stock forming HH & HL. Entry after the BO of TL. RSI shifting above 60. High probability that stock will move upside. This is for your educational purpose only.
PTC: Book ProfitPtc had retraced 0.382 level of rise from 40 in 2021to 140 @ 72. Now on monthly chart it had noved back to 0.786 level, rise from 40 to140. Here PTC should become sideways, as it is low beta stock. So booking 50 % Profit is recommended.
Trade should be taken on your own risk, as this chart reading is only for educational purpose.
Update on PTCYesterday we had taken long term view of PTC for last 10 years around on monthly Chart.Now we will keep update of PTC behaviour on daily chart. Today PTC has respected bullish view by making 107.70 high and closed at 105.35.PTC had given 1.15 Rs gap up openat 105, low was 104. but not touched yesterday's close of 103.85. This trade is taken as bullish buy. It would have been more bullish if it close at top ie 107,but close st 105 is making candlestick indecesive. The lower high trend line drawn in white should be the path of PTC if 103.85is given up then 103.10 should be next lower high. Entry can be made at that point or above 106 on closing basis.
Remember this is low beta stock and need lots of patients to hold it and need to block money for longer period, If bought. Further this analysis should be consulted to your financial adviser before taking any decession. Trade with your own risk
PTC DOUBLE H&S pattern.PTC views are taken from Rs 44 to Rs 143. During its trade from 44 to 143, PTC had completed H & S pattern from 2011 to 2017. In November 2017 it touched neckline , but failed to break above. It restarted H&S pattern in November 2017 completed left shoulder and head in July18 and May 20.From July 22 it is completing its left shoulder. So this stock is trading in H&S pattern. During this process from 2011 till today it had formed two resistance and 1 support line . Support at 79 and resistance at 79 and 124. On real time basis it has taken away resistance of 103.
On March 20 it had given low of 38 and high of 143 on October 21. It had retraced 0.382 on September 22 and from there started completing right shoulder. Today it had closed at 105 which is above 0.618 level and also above 1st resistance or 103. Closing above fibonacci 0.618 level shows the strength and close above 103 resistance makes it comfortable long candidates for target of 124 Rs which is 24 % gain. This stock can gain 24 Rs in 3 mths also and it can take 6 months also . Depend on market condition. But after taking g 10 years view this stock looks strong right now. SL will be as per individual risk capacity. It give yield of 8% So this can be your dividend portfolio stock too.
PTC India Analysis Stock has given huge BO with massive volume spike on daily chart, good for day trade.
PTC line chartDISCLAIMER:- Equity investment and trading are subject to 100% market risks. I am not a SEBI registered analyst, please consult your financial advisor before investing. This is for educational and learning purposes only. ADMINISTRATOR IS NOT RESPONSIBLE FOR YOUR DECISION AND FINANCIAL LOSSES. Stock market investments are very risky and by being a part of this group, you acknowledge that you understand the market risks involved. Hence any legal action is void.
In weekly Time frame, Trend line as a support - PTC formed a chart pattern inverted head & shoulder with considerable volume. trade during the breakout or during retest.
Entry= 95
Target= 106
Sl = 91.50
PTCPTC reached the resistence range expect some correction , I expect again reach the 100 below ,or near to 100
Breakout in PTC India Ltd...Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
PTC INDIA, BUY Cup Shape PatternENTRY: 83
TARGET 1: 89
TARGET 2: 94
SL: 80
PRO
- Cup Shape Pattern
- Good Volume.
- Retrace over Resistance.
- RSI above 50.
CONS:
- No Higher highs yet.
- Stock is in a downtrend.
PTC -near breakout of 1 year long trendlineptc moving in downtrend parallel channel looking like stock is bottom out at current price , buy when trendline breaks
PTC - SWING TRADING - 19.07.2022 - BAHAVAN CAPITALPTC is about to Break out and Buy Above 84.15 and Target 102.
There has been change in the holding patterns in last few days.
and it indicates FII have beginned their entry middle of this month onwards.
18.07.2022 FII Net Holding 156.08 Cr DII Net Selling 844.33 Cr
19.07.2022 FII Net Holding 976.40 Cr DII Net Selling 100.73 Cr
So iam anticipating a uptrend move for this month.
Will discontinue Intraday and focus on Swing Trading.
Happy Profitable Trading to All....
