CLEAN TREND CHANGERTECHNICAL PICK CMP - 1175 TARGET - 1205, 1335, 1500, 1980 SL - 1085 ( 8%) Clean trend change and talking about fundamentals, they are also getting better every year. Just for education purpose, take advice from your advisor before buying. Longby naishalparikh1
MEDANTA IS READY TO FLYMedanta (Global Health Limited) seems to be catching attention for the right reasons, and your observation about its potential momentum is quite valid. Here's a deeper dive into the factors you've mentioned: ### 1. **Fundamental Strengths**: - **Sales Growth**: Medanta's consistent growth in sales suggests strong demand for its healthcare services. Tracking YoY and QoQ growth can confirm whether this trend sustains. - **EPS Surprise**: Positive surprises in Earnings Per Share often signal management's efficiency and operational strength. Check the sustainability of such surprises over multiple quarters. - **Margins**: Improving EBITDA or net profit margins indicate operational efficiencies and cost controls. It's worth evaluating if these margins are sector-leading or if there's room for improvement. ### 2. **Valuation - PE at a Bargain**: - If the Price-to-Earnings (PE) ratio is below industry or historical averages, it could mean the stock is undervalued. Compare Medanta's PE with peers like Apollo Hospitals or Fortis Healthcare. - Look at the Price-to-Book (P/B) ratio and EV/EBITDA as well for a broader perspective. ### 3. **Technical Analysis - Inverse Head & Shoulders**: - The inverse head and shoulders pattern is a strong reversal indicator. Key elements to watch: - **Neckline Breakout**: Ensure the stock breaks above the neckline with strong volume, confirming the pattern. - **Target Price**: Post-breakout, the potential upside is often equivalent to the distance between the head and the neckline added to the breakout point. - **Support Levels**: The stock should ideally stay above the neckline to validate the bullish trend. ### 4. **Momentum Indicators**: - **RSI (Relative Strength Index)**: Check if RSI is moving from oversold (<30) toward bullish territory (50-70). - **MACD (Moving Average Convergence Divergence)**: A bullish crossover here can support the reversal thesis. ### 5. **Risks to Consider**: - Sectoral Risks: Regulatory changes in healthcare, such as pricing controls, could impact profitability. - Execution Risks: Expansion plans or operational efficiencies might take longer to materialize. - Broader Market Trends: Global or domestic macroeconomic conditions can influence momentum stocks. ### 6. **Investment Strategy**: - **Entry Point**: If the breakout happens, consider entering near the neckline. Use trailing stop-loss to manage risk. - **Long-Term vs. Short-Term**: Decide if this is a short-term momentum play or a long-term fundamental bet. - **Position Sizing**: Given its volatility, ensure your exposure aligns with your overall portfolio risk. Would you like detailed peer comparisons or technical chart insights for validation?Longby soumenkuilya4222
High conviction stock - MEDANTACheck this stock which has made an all time low and high chances that it makes a "V" shaped recovery. > Taking support at last years support or breakout level > High chances that it reverses from this point. > Volume dried up badly in last few months / days. > Very high suspicion based analysis and not based on chart patterns / candle patterns deeply. DISCLAIMER : This is just for educational purpose. This type of analysis is equivalent to catching a falling knife. If you are a warrior, you throw all the knives back else you will be sorrow if it hits SL. Make sure to do your analysis well. This type of analysis only suits high risks investor and whose is willing to throw all the knives above irrespecitve of any sectoral rotation. BE VERY CAUTIOUS AS IT IS EXTREME BOTTOM FISHING. HOWEVER, THIS IS HOW MULTIBAGGERS ARE CAUGHT ! Time makes money, GREEDY & EGO will not make money. The real deal is when to purchase and where to purchase the stock. That is where Breakout study comes into play. LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!Longby Yoyohoneysingh934
Medanta - Looking solid - expecting a 70% jump Medanta is looking strong to move up by 70%. Other factors: 1. New Hospitals in Mumbai & Noida region 2. Beds capacity to be increased by 83% in next 2-3 years 3. Venturing into guest house / service apartments for providing seamless services to foreign nationals 4. Best TTM results 5. Debt has bee reduced 6. It is on a toward channel so a good value buy. A breakout will take it to heights. Keep following @cleaneasycharts for more such stocks & analysis as we provide Right Stock at Right Time at Right Price !! Cheers!!Longby Cleaneasycharts5
Global Health (MEDANTA)MEDANTA is completed it's downside and now expecting some move and one can expect 1400-1500 price. NOTE: I'm not a SEBI REG. Study before investing.Longby tradingcults117
MEDANTA (Global Health Ltd.)Global Health Ltd.. Riding the stairs . Heading to base 3 Best Buy : @530 After breakout of the box or @500 if found near the trendline. Stop loss : 498 or Below Trend line Targets: 555/580/600/620++++ Note: ''This idea is only for educational purpose, Please Trade at your own RISK''.. THANKS.Longby S_RawatUpdated 5528
MEDANTA BREAKOUTAbove all EMA Good pivot levels Break out soon Doji near Ema and chart look uptrendLongby selvat072
MEDANTA Looking Very Strong Forming Strong Candles -forming strong candles even after back to back gap down shows strength & confidence of investors in company & its business -also ready to break symmetrical triangle with momentum -volume & rsi rising -keep in radar it can give decent return above upper trend Longby Marketik1
Unlocking Trading Insights: Global Health (MEDANTA)Global Health (MEDANTA) is currently at an exciting juncture, trading at 999 and situated in the daily Drop Base Rally (DBR) zone. This zone has proven historical significance, marking the origin of the all-time high and breaking through previous resistance levels. The stock's recent achievement of hitting an all-time high just three days ago further validates the strength of this zone. 📈 Key Analysis Points 🚀 The stock is in a robust uptrend, evident from the recent all-time high. The DBR zone, where it is currently positioned, played a pivotal role in the stock's impressive rally. Entry at 999 is strategic, aligning with the stock's historical breakout point. A stop loss at 972 ensures risk management, protecting against unexpected downturns. Targets should be set at least two times the risk, with potential for higher gains through trailing stops. The price retracement to test the breakout with low volume signals a lack of selling pressure, presenting a compelling buying opportunity. 📊Fundamental Analysis for Investors: Global Health, a major player in India's private healthcare, boasts a robust financial profile. With a market cap of INR 26,821.26 Cr. and a PE ratio of 65.60, the company's Price to Book Value stands at 10.11, slightly below the industry average. Financially, it's impressive, showcasing a 58.3% CAGR in profit over 5 years. Despite a 11.3% return on equity over the past 3 years, the company maintains a healthy balance sheet, low leverage, and no significant debt. Strong liquidity indicators include a Cash Conversion Cycle of -57.82 days and a current ratio of 3.52. Despite a commendable 36.83% profit growth in the past 3 years, a 10.00% revenue growth poses a challenge. Trading at a high PE of 83.61 and an elevated EV/EBITDA of 49.44 demands careful consideration. However, the company's debt-free status, positive quarterly results, and a substantial operating cash flow of Rs 644.52 Cr. position it for potential growth. In shareholding, stability is evident with a decrease in promoter shareholding offset by rising FII and DII shareholding, indicating institutional confidence. The absence of pledged shares adds another layer of financial prudence. 🌐 Educational Reminder 🌐 This analysis is for educational purposes only and not intended as a trading or investment recommendation. I am not a SEBI registered analyst. Lastly, thank you for your support, your likes, and comments! 🚀💹 Remember: "The market is a device for transferring money from the impatient to the patient."Longby AfnanTAjuddinUpdated 11
Ascending TriangleMEDANTA Bullish view: If sustain above 742 Target 821 SL : 710 Risk is yours and Reward is too yours totally Ascending Triangle Pattern is bullish pattern strong enoughLongby jkwealthplusUpdated 0
Target look like 650+ it's late to buy but still I'm posting this I have a position from 525 holding to reach its target. buy at your own riskLongby shoukath007Updated 110
MEDANTA | BREAKOUT STOCKMEDANTA 📈 Breakout Level: 725-730 🛑 Stop Loss: 675 🚪 Entry Range: 725-730 🎯 Targets: Aim for 785/820/900++ Medanta Gurugram has been voted as the BEST PRIVATE HOSPITAL IN INDIA As per the survey conducted by NewsWeek. 📣 Disclaimer: I am not a SEBI registered advisor. Investment involves risk. The provided breakout levels, dates, and targets are for informational purposes only and should not be considered as financial advice or guarantees of returns. Make sure to do your own research considering your risk tolerance. 💼💰Longby badhekakrishUpdated 114
VCP + RIsing Volumes on breakoutChart is self explanatory. It is not an investment advice. Only for Educational purpose. Kindly do your own research before buy/sell decision. Thank you!Longby Aayush_RungtaUpdated 2
MEDANTA looks how channel support pushes the candles up every time it touches in bottom or middle part. It looks like we are in wave of wave 1. (still wave 3 has not been completed, it still in motion, though we are in last leg) Completed waves: wave 1 & wave Currently in Wave (5) of wave (3) Pending wave: wave 4 & wave 5. Longby ShubhamKatiyar0
MEDANTA - BreakoutI Post educational chart for 3 Swing / Potential Stocks Everyday. Check Related Ideas section for more Swing Stock analysis Longby piswingtraders0
MEDANTANote: 1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline, not the big target... 3. Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions... Keep an eye ladies and gentlemen. Cheers and Happy Tradingby SENSITRADE_T1
Medanta Cmp 691 Bullish Engulfing @ supportMedanta Cmp 691 dated 7-8-2023 1. Bullish Engulfing @ support (engulfed last 3 candles) 2. Volume Rise Buy above 700 target 710-730-750-775-800 SL 650 It is just a view, please trade at your own risk.Longby SHEETAL_UDESHI5
3 Months 30% Target Acheived, Medanta3 Months 30 percentage target acheived. Positional stock selection technical analysis with back tested result for Medanta stock. This is for your educational purpose only. I'm doing it for my educational and research purpose only, as a NISM Equity Derivatives Certificate Holder. by nairjkrishnan0
MEDANTA- NEXT DREAM RUN IPO !1.After listing rally stock formed good base with volume contraction ( first mature base) 2.Now stock trading in range from last breakout high ( forming second mature base) 3.Now closing above 530 with good volume will trigger next upmove 4. Stop loss - closing below upword slanting trendline 5. Target - 574/610/680+Longby TradeStationP221
MEDANTA Swing TradeRecently listed stock. Pros: Excellent chart formation. Breakout and retest done. Looking for a 1:3 Risk Reward short term swing trade. Cons: Breakout candle volume not so great. All time High has a double top structure.Longby abhaychakravarthiUpdated 1
MEDANTA triangleAfter a recent consolidation and mini pullback MEDANTA is making higher lows. Breakout seems imminent. Maybe in a day or two. Buy above 510.Longby traderz101220
MEDANTAMEDANTA:- Ascending triangle pattern has formed and breakout has also given, you can weight proper entry, stock has given breakout from the range, keep your eye on the stock. Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my other ideas to get to know about all the successful trades based on price action. Thanks, Ajay. keep learning and keep earning. Longby AjayDhakad_Keep_it_simple225