This has run up in last 1 week very quickly.
Yet this is just a starting.
Keep tracking, any retrace around 400 can give a better entry point.
- Gas price has increase substantially, Govt is diverting Industrial Gas to IGL & MGL to cool off the price of LPG.
- Hence, Their input cost will collapse dramatically & Margin can revert back...
I find this personally undervalued stock. and any price movement above the symmetrical triangle will be interesting. But before putting any new money in the market, the strength of the Nifty should be ensured first.
if the market keeps on getting corrected, then it will be wise to sit out of the market & review once the market resumes its rally.
I'm doing great. Due to a change in the Tradingview policies, I'm unable to send private messages without sufficient 'reputation points'. (So if you find this analysis, then kindly like & show some reputation likes on my profile) :D
Jumping to stock analysis(Technical):
It is currently captured in a range-bound space. thus if you're a...
Good breakout of uptrend consolidation. POLYMED is showing strength in a weak market.
Swing to add more weight towards the pharma sector in my portfolio.
Let's see if this breakout sustains. A more safe option would be to wait & get confirmation of re-test. I was confident on this sector hence entered.
Use your own judgment to enter.
Just for Study purposes, Personally Invested!
I have marked the multi-year Supports with Red Circles, since 2010.
Take decisions based on personal conviction.
I personally find an upside of 30% in a year & 60% ultimately in a period of 1.5-2yrs. (Being a TATA company, Downside risk from here is in control)
~Happy Mahurat Buy~
I just come across this while random scanning.
Yearly breakout usually sustains.
Hence any retest could provide a good Risk Reward entry & a weekly closing above 240 could become a great confirmation for upward move.
P.S. : I'm personally not taking any new position without having conviction in its fundamentals. & also, Nifty is in bit of correction phase thus...
12% return in just 30 days. Relaxed & happy swing trading.
Another safe side of at least 10% still exists.
Let me know in comments, if you're ridding this beauty!
~ Show love in likes for such future recommendations, this much you can do..!! ~
it has shown a good break out of 5.5% ... & is about to reach all time high territory.
then we may just need to follow the earnings (next due on 17th Nov)
So far, It's 35% return... expecting a still good upside from here!
Easy swing of +20-30% possible in next 1 year.
Few of the past performance: RETURN %
Tata Power: 105%
Tata Consumer: 55%
Tata Motor: 30%
La Opala: 28%
Amongst others. Even with few bad apples of 20-30% SL from buying level, we can have a decent returns. Long run way ahead for these beasts! :)
Hope, being a lazy...
Historically, It has been a consistent compound-er.
Any decisive closing could be a great point of entry.
~please read the fundamentals before investing.
====>> This is just for educational purpose. <<======
They have declared a Dividend of 6 Rupee per share, which translates to 4.54% (Most probably record date by Sept 26th).
It's not bad as a 1 year FD. (With very probable up side in price... buying at value)
It is corrected a lot after last week's Mid-cap & Small-cap bloodbath.
Hence, I find it safe for short- mid term view.
~Disclosure: Invested. (Invest as per...