NoobInvestor_76

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...

NoobInvestor_76

Fundamentals : + Debt free company + Highest Quarterly Sales and Quarterly profit + Highest Yearly Sales and Yearly profit + FIIs stake increased from 1.17 to 1.58 - Debtor days increased from 2 to 42 Technical : + Increasing Volumes + Rounding Bottom + Price Higher High - Higher Low on M Chart + MACD and ADX Favorable on M & W chart

NoobInvestor_76

BO retested on daily chart. Good entry