NoobInvestor_76

NoobInvestor_76

Bank Nifty (BN) has so far not participated in Bullish rally that we have seen in other indices. Last week BN has given convincing Breakout of Feb'21 ATH. Breakout has happened after 4 weeks of tight consolidation which is a bullish sigh To take advantage of BN breakout one can buy NIPPON INDIA BANKBEES at CMP 396 and buy at ever dips

NoobInvestor_76

Breakout stock supported by momentum and breakout of PSU Bank index

NoobInvestor_76

+ Higher High - Higher Low formation on Daily Chart + Cup and Handle formation + Break out of ATH +Strong Momentum on Weekly and Monthly Chart + Bank Nifty Breakout

NoobInvestor_76

Price Breakout accompanied with Hidden bullish divergence on Weekly chart Monthly RSI >60 depicting good momentum Weekly MACD turning green

NoobInvestor_76

Nifty Auto is showing Bullish Hidden RSI divergence on weekly chart MCAD set for turning +ve ADX (+DMI) set to show strength by crossing 25 levels Instead of chasing individual stocks, one may invest in UTI Transportation & Logistics Fund Regular Plan Growth which holds top quality names in Auto and Auto Ancillary space

NoobInvestor_76

Breaking ATH with good momentum and strength RSI, MACD & ADX all showing Bullish bias Banking and Finance sectors are showing strength

NoobInvestor_76

Cons Stock is expensive with MCap to Sales 16.2 & Stock P/E 175 vs Industry PE 26 Debtor days 251 Pros Sales Growth 67% QoQ Profit Growth 200% Technical Breakout with good volume and Momentum

NoobInvestor_76

+ Ve + Zero debt company (Debt to equity 0.02) + Debt reduced from 79 Cr to 8 CR + MarCap to sales 0.57 + Low Price to book value and PEG + PE 12.3 < Industry PE 22.2 + Good early '21 and Quarterly results March'21 + ROCE increased from 5% to 18% + FIIs increasing holding -Ve - Micro cap 700 CR company Technical + Breakout of 2019 price + HH-HL structure on...

NoobInvestor_76

+ Cheap valuation MCap to Sales 1.82 & Price to Book 1.98 + Debt reduced from 9K Cr. to 3.6K Cr + HH-HL formation in Weekly Chart + Price Breakout coincides with Breakout of CNXREALTY

NoobInvestor_76

+ Low Debt Realty Sector company + Break out of Symmetrical Triangle Pattern on Week chart + Breakout coincide with Breakout on CNXRealty + Increasing Momentum supported by ADX and MCAD

NoobInvestor_76

Breaking out of All Time High with volume and Momentum. CNX REALTY also giving breakout of 2019 levels. Could be a good bet considering technical play

NoobInvestor_76

Pros + Good valuation, Market cap/Sales1.68, P/BV 1.57, PE 20 compared industry PE of 29.3 + Low Debt with high interest coverage + Max Sales and profits in 2021 Cons - Micro cap company - risky bet as such stocks do not give exit during lower circuits - Debtor days increased from 145 to 183 days - FIIs reduced holding from 5.16 to 4.95 Technical + Price beak...

NoobInvestor_76

Cons - Stock has expensive valuation with Mar Cap/ Sales of 10.2; PE 119 Vs Industry PE of 31 Pros + Posted highest sales and profits in 2021 + Reduced debt from 818 to 386 Crs This is purely technical play, breakout on weekly charts

NoobInvestor_76

Fundamentals: + Highest Quarterly Sales and Quarterly profit + Highest Yearly Sales and Yearly profit + ROCE 22% and 35% ROE + High Promoter holding 70% + Cheap valuation PEG 0.21 Technical: + HH-HL on monthly and weekly charts + Weekly Price BO of 200 W SMA, Retested and now BO of 2018 Price + Good Momentum in ADX and MCAD

NoobInvestor_76

Fundamentals: + Highest Quarterly Sales and Quarterly profit + Highest Yearly Sales and Yearly profit + Very less debt and Decreasing Debt + ROCE increased from 10% in '20 to 26% in '21 + High Promoter holding 88.4% + Cheap valuation Market Cap to Sales 1.69 and Stock PE<Industry PE Technicals: + Breaking out of Weekly high

NoobInvestor_76

Fundamentals: + Cheap Valuations: Market Cap/Sales only 0.37, Price to Book 1.71 + Highest Quarterly Sales Highest Yearly Sales (79% YOY) + Over the last 5 years, revenue has grown at a yearly rate of 5.61%, vs industry avg of 2.84% Technical: + 4 years Price Range Breakout with Massive volume in month of June + Price Higher High - Higher Low on W Chart +...

NoobInvestor_76

Fundamentals: + Almost Debt Free Company + Highest Quarterly Sales and Quarterly profit + Highest Yearly Sales and Yearly profit + Cash from Operations 2100 Cr in'20 to 7200 CR in'21 + ROCE increased from 23% in '20 to 30% in '21 + Debtor days decreased from 69 to 51 Technical: + 10 years Price Range Breakout + Price near Breakout Retest levels in M Chart +...

NoobInvestor_76

Fundamentals: + Almost Debt free company + Highest Yearly Sales and Yearly profit + Highest Cash from Operations + ROCE increased from 26% in '20 to 33% in '21 + Debtor days decreased from 48 to 14 + FIIs stake increased from 7.04 to 7.73 Technicals: + All Time High (ATH) Breakout + Price Higher High - Higher Low on M Chart + Monthly MCAD Turning Positive...