AnkurSingh

AnkurSingh

Date 15.09.2024 IRCTC Timeframe : Day chart Current Moving Average Spread As On 13/09/2024 20 Ema = 935 = Immediate trend 60 Ema = 958 = Short term trend 200 Ema = 926 = long term trend Price action on 13/09/2024 (Friday) Open = 936 = 20 Ema High = 957 = 60 Ema = Resistance Low = 935 = 20 Ema = Support Close = 936 = Near 200 ema / Support & Breakdown...

AnkurSingh

Date : 15.09.2024 Swan Energy Timeframe : Day chart Q : What does Swan Energy do? Ans : Its segments include Textile, Energy, Construction/Others, Distribution & Development, Warehousing, Manufacturing and Power Generation. Its Business Verticals include Oil & Gas, Petrochemical Manufacturing & Trading, Textiles and Realty. Remarks : 1 At the support of Rsi...

AnkurSingh

Date 15.09.2024 Granuels Timeframe : Weekly Q : Why stock fell so much ? Ans : Granules India had a huge fall on September 12 after the USFDA inspection revealed 6 observations. Q : What does Granules company do ? Ans : Granules is an Indian multinational pharmaceutical manufacturing company based in Hyderabad. Granules manufactures several off-patent drugs,...

AnkurSingh

Date 15.09.2024 Godrej Agrovet Timeframe : Day chart Company Essentials Market Cap ₹ 15,309.72 Cr II Enterprise Value ₹ 15,858.96 Cr P/E 37.58 II P/B 6.4 II Profit Growth 17.61 % Book Value (TTM) ₹ 124.38 II CASH ₹ 37.67 Cr DEBT ₹ 586.91 Cr II Promoter Holding 74.03 % EPS (TTM) ₹ 21.19 II Sales Growth 2.95% ROE 16.48 % II ROCE 18.81% About...

AnkurSingh

Date 14.09.2024 Sterling and Wilson Renewable Energy Timeframe : Weekly Sector : Engineering - Construction Inventory turnover ratio : Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time....

AnkurSingh

Date 14.09.2024 Indostar Capital Finance Timeframe : Weekly Chart Remarks : 1 Previously formed an ascending triangle which gave breakdown 2 Currently bounced this year & formed rounding cup pattern 3 Rounding cup neckline & major support & resistance is critical as trend shift in stock 4 Breakout possibility = Exit from 50% of resistance fan + neckline +...

AnkurSingh

Date : 14.09.2024 Borosil Renewables Timeframe : Weekly Remarks : 1 Consolidation lead to formation of descending triangle pattern 2 There's clear support & resistance within the descending triangle pattern 3 Formation of cup & handle pattern evident within descending triangle 4 Exit of resistance band + descending angle + handle = Breakout 5 Exit of...

AnkurSingh

Date 14.09.2024 BF Utilities Timeframe : Weekly FYI : 1 The Company was born out of a scheme of demerger with Bharat Forge Limited 2 It is in the business of generating electricity through windmills and infrastructure activities 3 BF Utilities is a part of $3 billion Kalyani Group Remarks : Technical 1 Formed a rounding bottom pattern 2 Neckline of...

AnkurSingh

Date 14.09.2024 JSW Energy Timeframe : Day chart Remarks : Back to back three ascending triangles. Every stock has behavior of reacting over chart patterns. Look carefully on both the sides of breakout & breakdown as well. Regards, Ankur

AnkurSingh

Date 14.09.2024 Adani Greens Timeframe : Weekly Remarks : 1 Previous descending triangle's neckline is current 50% of Fibonacci 2 Forming diamond pattern in-between 50% & 61% of Fibonacci 3 Breakout at 61% + diamond pattern exit 4 Breakdown at 50% + diamond pattern exit 5 Exit after diamond pattern & 50%/61% & exit from fibo circle of 161% extension will...

AnkurSingh

Date 13.09.2024 Bank Nifty Timeframe : Day Chart This is very powerful analogy to evaluate the rightness of strength whenever market exit from any zone. Many traders & investors get stuck when their understanding with respect to momentum/speed of move is not there. Something what happened yesterday after 1300 hrs. Therefore, i am presenting future conditions...

AnkurSingh

Date 13.09.2024 Shipping Corporation of India Timeframe : Day chart Introduction : SCI is today the only Indian shipping Company operates in three segments viz. Bulk Carrier & Tankers, Liner & Passenger Services and technical & off-shore. In addition, the SCI mans and manages a large number of vessels on behalf of various government departments and...

AnkurSingh

Date 12.09.2024 Marico Timeframe : Day Chart Remark : Formed rising wedge & tested the zone of 686-692 for about 4 times in recent times, short interval. How long can stay invested after breakout, if any lets understand based on few key points from companies performance & balance sheet. 1 PE ratio of 79.20 which is high and comparatively - Very Overvalued 2...

AnkurSingh

Date 12.09.2024 IOL Chemicals and Pharmaceuticals Sector : Pharmaceuticals & Drugs Timeframe : Weekly Remarks : Stock has reached at major confluence at Gann 4/1 & major support & resistance. Trade & build long position carefully & having a right kind of quantity. Once it exits both Gann + major s/r area then can expect good upside momentum. Some points...

AnkurSingh

Date 12.09.2024 Natco Pharma Timeframe : Weekly Operating cash flow ratio: It measures the adequacy of a company’s cash generated from operating activities to pay off short-term financial obligations. Natco Pharma cash from the operating activity was Rs 1,196.40 Cr. Financial Strength: Health care organizations usually have high debt loads and low equity...

AnkurSingh

Date 12.09.2024 Aditya Birla Sun Life AMC Timeframe : Weekly Sector : Finance - Asset Management Market Cap ₹ 21,372.68 Cr II P/E 25.9 II P/B 6.49 II Div. Yield 1.83 % Book Value (TTM) ₹ 114.26 II Operating Revenue ₹ 1,330.18 Cr Net Profit ₹ 774.23 Cr II Promoter Holding 75 % EPS (TTM) ₹ 28.63 II ROE 28.20 % II ROCE 35.58% II Profit...

AnkurSingh

Date 12.09.2024 Bata India Timeframe : Weekly Chart Operating profit margin: - Incase of footwear exporters, the share of EBITDA constitutes not only operating income and also the share of government exporter incentives. OPM for Bata India is 22.78 % which is strong which allows the investors to look into the overall return on capital. Debtor days: - The...

AnkurSingh

Date 11.09.2024 Union Bank Of India Timeframe : Weekly For Banking companies, The primary source of Income is interest earned on various loans given to individuals and corporates. Union Bank Of India has earned Rs 99,777.96 Cr. revenue in the latest financial year. Union Bank Of India has posted decent revenue growth of 13.21 % in last 3 Years. In terms of...