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SURYODAY SMALL FIN BK LTDSURYODAY SMALL FIN BK LTDSURYODAY SMALL FIN BK LTD

SURYODAY SMALL FIN BK LTD

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SURYODAY trade ideas

Suryoday Small Finance Bank Ltd Long Term view Suryoday Small Finance Bank Ltd is best banking stock and the undervalued stock . this stock is best small cap stock in banking sector because banking system is stragle from micro finance business so banking sector is undervalued and this stocks is more overvalued for the DCF method calculation this stock value : - stock Price is now : 134 Book value is now : 170 stock pe is now : 6 DCF Method calculated is value : 598 cheaper of now from the book value : 21% cheaper of now from the DCF value : 77.5% BEST ENTRY LEVEL IS : 115-135 5 year target of stock is : 1036 This is my analysis this stock so please investment this particular stock so research and advice own financial advisor .
BSE:SURYODAYLong
by sachinbadshah46
SURYODAY SMALL FIN BK LTD MB The chart appears to be in an uptrend. This is indicated by the higher highs and higher lows throughout the chart. Wave Identification: * (w): This could be the initial impulse wave of a larger degree. * (x): This is likely a corrective wave, potentially an A-B-C structure. It retraced a portion of the move in (w). * (y): This seems to be another impulse wave, possibly the second wave of a larger degree. * (z): This could be the beginning of a corrective wave, potentially another A-B-C structure. MACD Indicator: * The MACD histogram is currently positive, confirming the uptrend. * The signal line and MACD line are crossing upwards, indicating a potential bullish crossover. Potential Outlook: * If the current structure holds, we could expect further upside in the (y) wave. * A break below the low of the (x) wave could invalidate the current uptrend. * The MACD indicator signals a potential continuation of the uptrend.
NSE:SURYODAYLong
by hitech1050
Revised chart of Suryoday small finance bankHoping FY 26 would be a better year for the bank, while the entire MFI business is struggling the bank had sensed the downturn and took CGFMU insurance cover benefits of this downturn will be reaped in Q1 around 140cr is expected to be recovered as insurance claim My thesis is current year will end with the figures of PAT of 220-230cr with PCR at 75% , GNPA at 2.5%, NNPA at 0.6% , EPS at 21, book value 192 , ROE of 12% Next year PAT 360+cr with PCR at 80% , GNPA at 2.5%, NNPA at 0.5%, EPS of 34, BVPS of 226, ROE of 16% Hence a cross cycle ROE of 14-15% can be expected which is pretty good considering the valuations
NSE:SURYODAY
by swarubhadra
SURYODAY SMALL FIN BANK BY KRS ChartsDate:23rd Aug 2024 Time: 9:26 AM WHY SURYODAY❓❓ 1. All overview, Stock was in Consolidation for long time since listed and in Jun 22 it made lowest low , after that it is in continues HH HL pattern. 2. Wave Count is visible perfectly and it is in 3rd leg of 5th wave as we can see in above chart. 3. 100 Ema is right underneath in Hourly and Daily TFs 4. Today it has broken the resistance of Flag pattern and likely to sustain above it. 5. In bigger picture, Suryoday is making Upside channeling
NSE:SURYODAYLong
by KRSCharts
Suryoday small finance bank... Can break resistance Hello 👋 Today I have picked one more breakout stock.. It's "Suryoday small finance bank" In the chart showing classic inverted Head and Shoulder pattern. Also on monthly chart its showing good rounded bottom ( or cup & handle also in weekly ) Volume increasing since few months. Stock is in consolidation between 170 & 190 ..any breakout can decide further movement. It's my view. Please DYOA . No buy or sell recommendation 🙏 Thank you
NSE:SURYODAY
by ajnil87
Cup and Handle Breakout supported by FundamentalsFY24 EPS 21.11(Q4 EPS 6.4), PE 10 and Book value is 170 and PB 1.25 From Q1 of FY25 the company will post min EPS of Rs 6.4/Qtr, even if we consider 25% growth its annual EPS would be 6.4*4*1.25 = 32 Rs/share FY25 valuation at CPM of 212 would be EPS 32, PE 6.6, Book value 200 and PB 0.94 therefore as per FY25 estimation minimum price at which it must trade would be, 1.5 times PB = 300 (200*1.5) 10 times PE = 320 (32*10) Target 1 = 246 Target 2 = 310 Q4 results , G.NPA would be 242cr vs 223cr (2.8% vs 3.06%) N.NPA would be 92cr vs 102cr (1.4% vs 1.42%) Provision would be 150cr vs 121cr (PCR - 62% vs 54%)
NSE:SURYODAYLong
by swarubhadra
Long SuryodayAnalysis and Prediction: Suryoday Small Finance Bank Ltd (NSE: SURYODAY) is currently demonstrating a strong bullish trend on the weekly chart, making it an attractive candidate for a long position. Here's a detailed breakdown of the analysis: Price Action: The stock has been on a significant upward trend since March 2023, consistently forming higher highs and higher lows. Recently, it has broken above the resistance level around INR 200, indicating strong bullish momentum. Moving Averages: The 50-week Simple Moving Average (SMA) has crossed above the 200-week SMA, forming a Golden Cross, which is a strong bullish signal. The current price is also trading well above both the 50-week and 200-week SMAs, reinforcing the bullish sentiment. Support and Resistance: The breakout above the previous resistance at INR 200 now acts as a strong support level. The next significant resistance level is around INR 240. However, aiming for a 30%+ profit target, the target price is set at INR 280. Volume: The recent surge in volume accompanying the price increase suggests strong buying interest and institutional participation, which is a positive indicator for the continuation of the upward trend. Relative Strength Index (RSI): The RSI is currently at 60.45, which is in the bullish zone but not yet overbought, indicating there is still room for further upward movement. Trade Setup: Entry: The ideal entry point for this trade is at the current market price around INR 207.90. If the price pulls back to the support level of INR 200, it provides an additional entry opportunity. Stop Loss: A stop loss should be placed just below the support level, around INR 180-170, to protect against any potential downside risk. Target: The profit target is set at INR 280, which represents a 30%+ increase from the current price and aligns with the next major resistance level. Conclusion: Suryoday Small Finance Bank Ltd presents a compelling long trade opportunity with strong technical indicators supporting further upward movement. The breakout above key resistance, supported by high volume and favorable moving average dynamics, suggests a continuation of the bullish trend. Traders should consider entering at the current price with a well-defined stop loss and target to manage risk effectively.
NSE:SURYODAYLong
by MountainWolf
Suryoday Small Finance Bank Ltd - Breakout Setup, Move is ON...#SURYODAY trading above Resistance of 212 Next Resistance is at 249 Support is at 160 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.
NSE:SURYODAYLong
by MandeepSinghKohli
Suryoday Small Finance Bank Ltd - Long Setup, Move is ON...#SURYODAY trading above Resistance of 186 Next Resistance is at 212 Support is at 150 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.
NSE:SURYODAYLong
by MandeepSinghKohli
BREAKOUT IN SURYODAY 📌SWING TRADE FOR NEXT WEEK🚀 Hello Traders⚡ I am a Swing Trader by Passion i only trade on Momentum Stock's. 📌I Post Daily SWING CHARTS Analysis on My Trading view profile.. So let's Start 📌TRADE ANALYSIS OF SURYODAY • Potential Breakout Chart • VCP Pattern • Short Range Consolidation • Price Can Take Retest from support Line • Overall The Price Is Moving In HH-HL Formation • Volume Buildup Near BO Zone • Looks Good For 10-20% Upside Levels After The Breakout 📌 If you have any questions about any stock you can comment on post 📱 📌Disclaimer:- This all chatrs analysis are only for educational purposes only I do not provide any CALL or Tips
NSE:SURYODAYLong
by Trading_Old_School
50% upside potential in SURYODAYSuryoday stock has developed an attractive CWH pattern, with a notable VCP during handle formation, suggesting potential institutional investment due to increased volume. Furthermore, all EMAs (Exponential Moving Averages) - 10, 21, and 50 - are on an upward trajectory, signaling bullish sentiment. The stock's relative strength is also positive, evident from its movement compared to the Nifty 50 over 55 days. A 50% potential target could materialize over the next year, particularly with anticipated interest rate cuts influencing market dynamics.
NSE:SURYODAYLong
by Manabala