Price has contracted by 43% and Volume has dropped by 40% on the previous weekly bar. Long at 1110.50 SL 1057
Breakout from a weekly inside bar. going long at 1093.5 SL is previous weeks low.
Gas Sector Analysis
Neogen - buying at current levels and subsequent dips past 3 years average sales growth 32% pa past 3 years average profit growth 57% pa past 3 years average margins growth 9.62% Current ROE 29.85% The stock is up 65% from its low of 2019. If the pullbacks remain shallow 20/25% and the next quarter results are showing a growth of 20/25 %. we may have a winner...
Cement Stocks have been trending since the start of 2019. I have done a comparative analysis of the whole sector. Heidelberg and ACC stand out in the group. According to Price point analysis, Heidelberg is currently out performing its peers from the same Mcap category Heidelberg Rain Ind Birla Corp Prism Johnson Star Cement If Heidelberg continues to...
Astral Polyteck - Entry above 1240 past 3 years average sales growth13.66% past 3 years average profit growth 32.33% past 3 years average margin growth 7%
Price is contracting, chances are it may breakout and move higher past 3 years average sales growth 10% past 3 years average profit growth 30.66% past 3 years average margin growth 28% Current ROE 17.68 % Noteworthy:- Highest pre-tax margin % since 2010. Highest ROE since 2010 The annual profit range was 250 cr +/- since 2014, the company has broken that...
Technical - VCP Pattern Fundamental past 3 years average sales growth 13.66 % past 3 years average profit growth 38% past 3 years average margins growth 12.33% Current ROE 20.53 %
Team Lease - Entry above 3210 past 3 years average sales 22% past 3 years average profits 47% past 3 years average margins 36% ROE - 16.63% Volume has dropped since the past 40 days if the supply coming to market remains on the lower side, there are higher chances of a big move above 3200 level
Development Credit Bank - Entry above 218/220 past 3 years average sales 21% past 3 years average profits 19.66% past 3 years margins have been flat
City Union Bank - Entry above 206/208 past 3 years average sales 8.33% past 3 years average profits 14.66% past 3 years average margins 16.8%
Astral Polyteck - Entry above 1240 past 3 years average sales 13.66% past 3 years average profits 32.33% past 3 years average margins 7% April month has seen very low volume shakeout, looks like the supply coming to the market has eased. we may see a good upmove if price sustains above 124/1260
AstraZeneca Pharma - we had a pilot position @1940 and we added more today@2136 3 yr average sales growth - 4% 3 yr average profit growth - 120% 3 yr average margin growth - 200% The sales growth is not very impressive however the company was making losses from 2013-2015 and it has turned around since 2016. We will be watching the upcoming quarters for a further...
3 yr average sales growth - 12.5% 3 yr average profit growth - 49% 3 yr average margin growth - 23% Accelerating sales, profit, and margin growth. This combination shows that the company is a robust growth trajectory.
3 yr average sales growth - 16% 3 yr average profit growth - 30% 3 yr average margin growth - 10% Accelerating sales, profit, and margins. Such a combination is lethal and if we have a bull market to support such conditions, this stock may go much higher from here. This stock is showing a similar fundamental story like Muthoot finance.
Muthoot Finance - Entry @ 580-600 3 yr average sales growth - 12% 3 yr average profit growth - 39% 3 yr average margin growth - 19 % Accelerating sales, profit, and margins. Such a combination is lethal and if we have a bull market to support such conditions, this stock may go much higher from here.
3 yrs average sales growth - 10.5% 3 yrs average profit growth - 31% 3 yrs average margin growth - 11% Another stock with a lethal combination of accelerating sales, profits and margins. These fundamentals look strong and it can propel the stock much higher