Pnb Housing Finance: Q2 Cons Net Profit 4.7b Rupees Vs 3.83b (yoy); 4.32b (qoq) || Q2 Revenue 18.8b Rupees Vs 17.78b (yoy) PnbHousing Finance: Q2 Gnpa 1.24% Vs 1.35% (qoq) || Q2 Nnpa 0.84% Vs 0.86% (qoq) 7-year breakout retest appears to be successful. Phenomenal results were posted today. Expecting a solid re-rating. Hold for wealth creation. This has now...
The stock has successfully retested the breakout zone on Friday and today. The trading volume is relatively low, presenting a favorable buying opportunity with limited risk. The stop loss will be set at the blue bar. The breakout zone is between 903.25 and 913.70.
Breakout is supported by high delivery volumes in the last few trading sessions. It will retest the recent high of 1200. This presents a good opportunity to buy.
Worst stock ever to be listed on the Indian stock exchange. A clear flag and pole pattern formed on the monthly chart with a target of 2.8, in line with Goldman Sachs' target of 2.5. Retail investors should stay far away. The AGR outcome was the final nail in the coffin. Buy at 2.82 if you wish.
171 is the ideal entry price if entered after the retest. This is such a massive breakout. 25 years!!! The crazy thing is it also did a retest. This stock will soon trade above 600. It being in ASM has halted the fast movement. This can create generational wealth in the next 10 to 15 years. Hold this for your next generation. You don't see such breakouts often....
The stock corrected almost 15% in 2 days. A sharp fall after facing resistance at the 1182 level, which is a 6-year resistance. We will now only follow this 4H TF chart. Support was taken exactly from the 1015 zone. The stock will consolidate here. EMAs will catch up. The 1400 zone will be the next resistance.
Institutions increased their holdings @1097. MS has upgraded the target price to 1500. The chart looks absolutely beautiful and clean. Heavy volumes accompany each upward movement, followed by very low volume consolidation. The stock is moving at a very good pace. The valuations are very cheap even after around a 45% upmove. Bajaj IPO valuations after listing will...
Excellent breakout with good volume. 353 is the next target. Hold for the next 10 years; it will create generational wealth.
This is what happens when smart money enters in very large amounts. Also, the hype surrounding the Bajaj Housing Finance IPO is the reason for its listing around a PE of 50. The chart is incredible, with the pink channel as your support and stop loss. Volumes during the entire rally have been amazing. This rally might continue till the 1400 zone, which is the...
It appears to be poised for a breakout, with significant trading volumes observed. The delivery volume has been exceptionally impressive, indicating the potential for a substantial upward movement in the near future. My target range is approximately 280 to 300, with a possibility of reaching 353.
A clear inverse head and shoulders breakout has occurred on the weekly timeframe. Strong volumes are supporting the breakout as well. Expecting a significant rally from here.
This is such a beautiful monthly chart. There have been insane volumes this month. There has been excellent buying by institutions. It is one of the cheapest housing finance stocks in the market. There are strong sentiments with a turnaround story. Patience has been rewarded; now, people who bought with me should hold this gem for the coming quarters. We are in...
Today's cleanout trade was a big, big piece of good news for the upward movement of this stock. It was an overhang that is finally gone. The block deals floor price was set at 775, but the trade was executed at 803. The entire trade was consumed in the pre-market window. As we know, the stock had given an 8-month breakout last month. Today, the stock gave a...
This looks very promising. Ready for a massive rally. Inverted head and shoulders pattern completed. A breakout this week as we await Powell's speech on rate cuts?
The stock has successfully completed the retest on the weekly chart. Now, we wait for the monthly candle to form. Very low volumes so far. It looks good, and I am positive for a good upmove in the next 2-3 months. My medium-term target is 353.
After giving multibagger returns, the stock has been consolidating for 11 months. A QIP was conducted in which many large, reputed institutions participated. No recommendation to buy or sell for now. We will observe the results. Only after that should one enter. The death of Mr. Rupen was unfortunate. The Q2 results will be crucial for this company to gauge its...
The stock gave a monthly breakout in July. It was an eight-month breakout. Today, a breakout was given on the daily time frame. Hold for a target of 1600. This is a medium- to long-term target. Many institutions entered at 775 in a bulk deal. The results were fantastic. This is a turnaround story for the company.
The stock has taken support exactly from the daily trendline with good volumes. Now, it will go for a retest of the upper trendline. We expect it to break the 740 zone as the management has given strong guidance. Heavy delivery volumes have been seen in the last many trading sessions. Once the upmove starts, we might never see this price again.