Upside potential of 40% for ZS commerical
ZS commercial has 80% market share in air braking system used in commercial vehicles
Currently trading at 29x PE below the long term avg PE of 52x
Taking support at 200 MA at weekly timeframe
ZFCVINDIA trade ideas
ZFCVINDIA Trading near Fresh Demand Zone of ₹13,678 to ₹13,200ZFCVINDIA is currently trading at ₹13,751, within a fresh demand zone set between ₹13,678 and ₹13,200.15, established on May 27, 2024. This zone could act as a support area, potentially driving buyer interest and price stabilization. Investors may want to observe this range for potential demand-driven moves.
ZFCVINDIA Reversal LongDate : 01-09-2024
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Reversal (PICK RESEARCH TO OBSERVE)
ZFCVINDIA Looks Good Above 15725
SL 15230
Target 16000, 16550, 17375, 18200++
Hold Period : Few Weeks to Months
Reason for Pick : Reversal, Swing
Please consult your financial advisor before investing
All research for educational purposes only.
ZFCVINDIA 1: 10+ RR trade set up1. Trend: Bullish
2. Set up: Reversal from Fib levels
3. RR 1:10+
4. Strength strong
ZF Com - Positiona Trade Cum InvestmentCMP 13700
Add on dips till 12500
SL CLB ( for traders 11700 )
Tgt's 14-15-17-19k ++++
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Rgds,
Naresh G
SEBI Registered RA
ZFCVINDIA Long (Breakout & Retest)Date : 02-06-2024
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Breakout & Retest
ZFCVINDIA Looks Good ABOVE 17930
SL 16165
Target 18515, 19691, 22043, 24983
Hold few weeks
Please consult your financial advisor before investing
All research for educational purposes only.
ZFCVINDIA#ZFCVINDIA is good for a short term trade. With a good RR ratio, entering at these levels with a SL mentioned on the chart is good.
ZFCVINDIA: Cup & Handle pattern1. Cup & Handle pattern
2. Price is trading at support
3. Trend is Up
4. Stock is trading near to its ATH
5. Confirmed entry can be after neckline breaks,
6. Early entry has small risk but high reward
ZFCVINDIA | Swing Trade📊 DETAILS
Sector: Auto Ancillaries - Others
Mkt Cap: 32,165 cr
Operating under the ZF WABCO brand and part of ZF Group Commercial Vehicle Control Systems Division, WABCO INDIA Limited is India’s market leader for advanced braking systems, conventional braking products and related air assisted technologies and systems in India.
It also provides software development and other services. Its headquarter is in Chennai, India
TTM PE : 82.05 (High PE)
Sector PE : 77.42
Beta : 0.43
📚 INSIGHTS
Strong Performer
Stock with consistent financial performance, quality management, and strong technical momentum indicating good investor enthusiasm. Currently valued at Good to expensive valuation
0.82% away from 52 week high
Outperformer - ZF Commercial Vehicle Control Systems India up by 9.34% v/s NIFTY 50 up by 0.2% in last 1 month
📈 FINANCIALS
Piotroski Score of 7/9 indicates Strong Financials
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
🔍 More Analysis & Trade Setups 🔍
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Trade-39/100-ZFCVIND-R:R Experiment-BuyBuying ZFCVINDIA in DAILY positional trade
Good structure making HH-HL.
ZF Commercial Vehicles RetestZFCV has retested its breakout and this can be a great accumulation zone for this stock. this stock is a good fundamentally strong counter which recently came out of a monthly correction. Accumulate at current levels. Can go 3x-5x in the next 3-4 years.
Buy Today, Sell Tomorrow: ZFCVINDIADON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:00 pm every day
- Book profits within the first 30 minutes of the market opening
- Try to exit by taking 5-7% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA
- SL can also be maintained as 3% or closing below the low of the breakout candle
The levels mentioned on the chart are calculated using the BREAKOUT INDICATOR
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Breakout in ZFCVINDIA
Buy Today, Sell Tomorrow: ZFCVINDIA
