CannySunny

CannySunny Updated 

The Higher Time frames look solid. Multi-year Breakout Contender. On the Lower Time frame an inverted Head and Shoulder was spotted. A breakout happened and followed it up with a retest. Stock is moving in a Rising Wedge. I expect an upward rally from here on to the top end of the wedge.

CannySunny Updated 

After a flag breakout there was a reasonable consolidation happening . It is time for a move here.

CannySunny

Flag Pattern on Weekly time Frame. Breakout was witnessed and it was followed up by a retest which is always a good sign. An Inverted Head and Shoulder Pattern can also be seen with the right shoulder in progress marching towards the neckline. MACD structure also looks very positive.

CannySunny Updated 

Market Cap 1,111 Cr. Promoter holding 60.8 % Pledged 0% Dividend Yield 1.25 % Intrinsic Value 483 Stock P/E 10.4 Industry P/E 18.2 Debt to equity 0.26 ROCE 25.7 % ROE 19.8 % OPM 9.74 % EBIDT growth 3Years 42.9 % Free Cash Flow 24.2 Cr. EPS 26.4 vs EPS last year 24.8 vs EPS preceding year 10.9 Vardhman Special...

CannySunny Updated 

Market Cap 1,608 Cr. Promoter holding 51.2 % Pledged percentage 0.00 % Intrinsic Value 453 Stock P/E 7.72 Industry PE 16.70 ROCE 15.8 % ROCE3yr avg 12.2 % ROE 13.2 % ROE 5Yr 11.6 % OPM 12.7...

CannySunny Updated 

Market Cap 1,284 Cr. Stock P/E 30.7 Industry PE 27.4 Dividend Yield 1.24 % ROCE 22.2 % ROE 16.6 % OPM 14.5 % Promoter holding 75.0 % Pledged percentage 0 % Free Cash Flow 14.4 Cr. EPS 65.5 vs 51.2 -...

CannySunny

Market Cap 2,818 Cr. Stock P/E 129 ROCE 14 % ROE 17.2 % Promoter holding 43.2 % Free Cash Flow 122 Cr. Eveready Industries India Limited is one of the leading manufacturers of dry cell batteries in India and offers products such as batteries, flashlights, lighting solutions, and home appliances. The company has a legacy of more than 100 years and has...

CannySunny Updated 

Market Cap 2,702 Cr. Stock P/E 5.23 Industry P/E 17.5 Dividend Yield 4.61 % ROCE- 5.09 % ROCE3yr avg 5.63 % Face Value 10 OPM 56.3 %

CannySunny

RSI Breakout is witnessed. DOW Theory in practice. Triple Bottoms are considered a very strong support base. My stoploss is lower to avoid shakeouts. I like the structure it has been forming and believe that it could rocket from here.

CannySunny

Market Cap 4,520 Cr. Stock P/E 25.8 Industry P/E 17.1 Dividend Yield 1.28 % ROCE 19.4 % OPM 31.4 % Promoter holding 74 % Pledged percentage 0 % Debt to equity 0.22 Free Cash Flow -73.7 Cr. Relative Strength > 0

CannySunny

Negative here is the Pledged percentage 31.8 % and Low Promoter holding 49.1 % Market Cap 7,742 Cr. Stock P/E 12.6 Industry P/E 27.0 Dividend Yield 0.26 % ROCE 13.2 % Debt to equity 0.99

CannySunny

Thangamayil Jewellery Ltd Gold Chart is looking weak as attached below and I'm assuming that Gold would get even cheaper in days to come. Hence, I believe with this festive season being majorly Covid free, people may want to celebrate extravagantly after the low key past couple of years. The only drawback here is that Pledged percentage is 14.8 % Promoter...

CannySunny Updated 

Huge volume was witnessed during the day. I suspect it was a trap by the FII's and the poor retail traders fell for it. A rising wedge is usually a very good setup for WILD moves, hence I suspect that this support would be broken easily tomorrow (14 Sept 2022) owing to the #BankNifty Weakness.

CannySunny Updated 

Market Cap ₹ 1,013 Cr. Face Value ₹ 10 Stock P/E 26.3 Industry PE 22.4 Dividend Yield 1.68 % ROCE 20 % ROCE3yr avg 12.6 % ROE 14.8 % ROE 5Yr 9.70 % OPM 9.16 % OPM 5Year 7.83 % Promoter holding 56.9 % Pledged percentage 0 % Debt to equity 0.01

CannySunny Updated 

Cochin Shipyard is coming off a very long consolidation and it seems like a very good galloping candidate. A setup very well tested in the past and which has a good track record for quick gains.

CannySunny

Market Cap 170 Cr. Stock P/E 7.11 Industry P/E 23.4 Dividend Yield 2.69 % ROCE 18.4 % ROE 13.8 % Promoter holding 51.0 % Pledged percentage 0 % Debt to equity 0

CannySunny Updated 

A retest at the line of least resistance with a double bottom. The stock is all set to make new highs.

CannySunny Updated 

Market Cap 941 Cr. Stock P/E 31.6 Industry PE 32.3 Dividend Yield 0.38 % ROE 5Yr 12.4 % OPM 5Year 17.2 % Promoter holding 65.8 % Debt to equity 0.30 A nice long ascending channel followed by a cup.