CannySunny

CannySunny

Currently Nifty50 is moving in an ascending channel however the angle of its ascent is a little more for to be comfortable with. One of these resistances should be the ideal spot for it to take a breather according to me. -We are so far only talking about a normal healthy retracement. - Correction / Crash was never and can never be precisely predicted. When the...

CannySunny

The Hi-Tech Gears Ltd is an auto components manufacturer primarily engaged in the business of manufacturing gears and transmission components. The product portfolio of the company comprises precision gears, shafts, transmission components, and engine components catering to two-wheelers (26%), Passenger Vehicles (43%), Commercial Vehicles, and Agri and Off-Road...

CannySunny

Honeywell Automation India Limited (HAIL)was started in the year 1987 as a JV between Tata and Honeywell. It was known as Tata Honeywell Limited each holding 39.54% stake. Later in 2004 Honeywell Asia Pacific Inc. bought Tata's stake and the name was changed to Honeywell Automation India Limited. Leader in Integrated automation solutions Honeywell Automation...

CannySunny

Looking at the Daily chart we saw a good recovery last week followed by some indecision this week so far. Prima facie , we see exhaustion at a strong resistance zone with 2 doji's - the second doji made a lower low and lower high. Even the 15 min chart got weak towards end of day. However, going deeper, the microscopic lenses draw attention to the volume which...

CannySunny

Company is almost debt free. Company has a good return on equity (ROE) track record: 3 Years ROE 25.8% Company has been maintaining a healthy dividend payout of 18.1% Panama Petrochem Limited is engaged in the business of manufacturing and exporting various kinds of Petroleum specialties. The product portfolio includes liquid paraffin oils, petroleum jelly,...

CannySunny Updated 

The setup is low risk high reward. A nice base formation refusing to fall 5 times. Stage 2 Stock New India Assurance Company Ltd is India's largest non-life insurance company. It is promoted by the Government of India (GoI) holding ~86% stake Presently, the company operates through a network of 2,200+ offices across 29 states and 7 UTs in India Presently, the...

CannySunny Updated 

Well Well Well ! What do we have here? A fantastic day at the markets where people are rejoicing their portfolio's in green especially if they were holding Railway and Defence stocks in particular. Anyways, today is Thursday and tomorrow's closing according to me would be key to understanding this illusion (if any). I am skeptical because there is a strong...

CannySunny Updated 

I see a flag pattern breakout. The flag is a narrow horizontal one signifying strength. Targets in green. Stoploss as per risk appetite.

CannySunny

Adani Stocks on track for a decent rally ahead. Adani Green Adani Enterprises ATGL AWL

CannySunny

Incorporated in 2022, Bajel Projects Ltd is in the business of Engineering, Procurement and Construction Bajel Projects Limited (BPL) is a carved out legal entity from Bajaj Electricals Ltd. It's EPC segment comprises of Power Transmission & Power Distribution. BPL provides end to end solutions ranging from inhouse design, testing, procurement, manufacturing,...

CannySunny

Nice long uptrend. A good base with rounding cup formation. Continuation pattern is ready.

CannySunny

Technical look super good but fundamentals currently don't look very positive. May be it could be a turn around.

CannySunny

Artemis Medicare Services Ltd (AMSL) was incorporated on 2004, by the promoters of the Apollo Tyres Group, is engaged in healthcare business. AMSL operates a 541-bedded multi-specialty tertiary care hospital in Gurgaon. The specialty areas for AMSL include Orthopaedics, Oncology, Cardiovascular, Neurosciences and Bariatric & Minimally Invasive Surgery. ASML has...

CannySunny

IFB Industries Limited originally known as Indian Fine Blanks Limited started its operations in India in 1974 in collaboration with Heinrich Schmid AG of Switzerland. It is engaged in the business of manufacturing diverse parts and accessories for motor vehicles etc. and home appliances products. Home Appliances Division (82% of revenue) - covers domestic...

CannySunny

Company has reduced debt. Company is almost debt free. Company has been maintaining a healthy dividend payout of 38.2% Navneet Education Limited is primarily into manufacturing and trading of education books, reference books, technical & professional books in paper form and e-learning form, and also paper and non-paper based stationery products Co. has a...

CannySunny Updated 

Love your job but you don't have to necessarily love your company. I like the base formation, I see this stock doing well. No other sentiment here.

CannySunny Updated 

PE 19 vs Industry PE 96 FII added 0.02% Company has reduced debt. Company is almost debt free. Stock is trading at 0.98 times its book value Company is expected to give good quarter Company has been maintaining a healthy dividend payout of 441% Debtor days have improved from 176 to 61days. Career Point Limited is an Indian education company established in 1993....

CannySunny Updated 

After a correction in the stock, the tide seems to be turning around. 2 Doji's have been formed. A confirmation breakout on the upside will infuse fresh momentum into the price.