Sniper-Traders

Sniper-Traders

📈 Added 1.25% to my existing 1.25% holding in this stock, bringing the total holding to 2.5%. Anticipating a potential move of approximately 50% towards the target levels from the current average price levels. 📉 However, from the current average price levels, there's a downside risk of about 19% to the all-time lows. If the price were to plummet to those levels,...

Sniper-Traders

An additional position was initiated at approximately the same entry level as the initial one, as the price revisited those levels before reaching the target. This supplementary investment brings the net position size to approximately 2.5% of the net capital. The channel high is earmarked as the profit-taking target, with a potential move of about 22% to reach...

Sniper-Traders

Analysts have issued favorable forecasts for its price, revenue, and earnings per share. Additionally, the company's financials exhibit attractiveness. Despite the presence of other formidable competitors in the market, there is ample room for growth for all players. Promoters hold a significant 67.55% of the company's shares, while Mutual Funds currently have no...

Sniper-Traders

The price retraced back to the entry level that I was expecting when I closed the previous position. So re-entered as planned, with a position size of about 1.25% of the net capital. The expected move to the target level as of now, is of about 30% from the current entry level. I'm totally aware of the downside risk of about 22%. And if at all the market crashes...

Sniper-Traders

As soon as the price reached key inflection levels within an ascending formation, I made the decision to book profits and secure the capital. I managed to secure a profit of approximately 20.51% on the invested capital from this trade. Given the current over-valuation of the overall market from a technical standpoint, I anticipate a potential crash in the near...

11:38

Sniper-Traders

Expecting a move of about 12% to the all time high, in the near term, with a downside risk of about 23%. If my perspective changes or if I gather additional fundamental data that influences my views, I will provide updates accordingly. Thank you for following along with this journey, and I remain committed to sharing insights and updates as my trading strategy...

Sniper-Traders

The price has reached key inflection levels and displayed signs of rejection. Moreover, the overall market is overvalued, and the looming recession adds further concern. These factors influenced my decision to book profits and secure capital. So closed the position and booked a profit of 30.03% on the invested capital. I will consider adding to the position if...

07:54

Sniper-Traders

The market is currently moving within an ascending channel formation after breaching the all-time high of 69,000 level. There is a high probability that the market could reverse with momentum, similar to past occurrences. Therefore, it might be wiser to refrain from participating in the current valuation. Instead, consider taking a step back and waiting for more...

Sniper-Traders

While the profit percentage relative to the invested capital may appear modest, it's important to note that the position size constituted approximately 5% of the net capital. Therefore, in terms of the overall capital, the profit is significant. A larger position size was allocated due to the nature of this being a commodity ETF, utilized as a hedge to safeguard...

Sniper-Traders

On December 20th, 2023, I made an analysis in which I expressed my view that the price was going to rally from the price levels back then. As of today, the price has moved by about 10%, just as I expected. I monetized on this move by taking a position in SILVERBEES. As of now, the price is hanging around key inflection levels. There is a high probability for the...

Sniper-Traders

Fundamental Analysis: Axis Bank, a prominent player in the Indian banking sector, is currently showing promising signs in terms of price and earnings forecasts according to analysts. However, revenue forecasts are not as attractive. Despite this, the financial health of the bank instills confidence among investors. One notable aspect is the distribution of...

Sniper-Traders

After a period of careful consideration and analysis, I have decided to close my position in HPQ. When I initially entered the trade, my decision was primarily influenced by technical analysis, with the price appearing attractive within the lower end of a parallel channel formed then. Furthermore, HPQ's healthy cash flow and share buyback activities, combined...

Sniper-Traders

Fundamentals Pros: Solid Financial Performance: Starbucks boasts a market cap of $105 billion and an enterprise value of $140 billion, supported by a net income of $4.1 billion in 2022 and free cash flow of $3.2 billion. These figures highlight the company's profitability and cash-generating capabilities. Strong Growth Potential: With revenue more than...

Sniper-Traders

SHREECEM has exhibited robust performance in the third quarter of FY24, bolstered by favorable market conditions despite ongoing fluctuations. Shareholding Pattern: Promoters maintain a significant stake of 62.55% as of December 2023. Institutional investors, including FIIs, DIIs, and Mutual Funds, collectively hold approximately 24.86% of shares, with no...

Sniper-Traders

Yesterday, heavy trading volume was observed in the scrip, with approximately 18.01 lakh shares changing hands on the BSE. However, aside from this activity, there were no significant news or updates related to the sector or the stock. Neither the fundamentals, analysts' expectations, nor the shareholding pattern instilled enough confidence to justify holding onto...

Sniper-Traders Updated 

Fundamentals Overview: Tata Chemicals, a venerable Indian chemical company, is strategically positioned in both basic and specialty chemical segments, with soda ash being its flagship product. The recent price cut in soda ash, attributed to market dynamics in China and anticipated capacity addition, highlights the challenges and opportunities in the sector....

Sniper-Traders

I increased the existing holding by 0.625%, bringing the total holding to approximately 1.875%. An additional 0.625% remains to be added to reach the maximum allocation level of 2.5% in this stock. I will consider adding this if the price reaches the low of the descending channel formation. Feel free to follow me for updates on my positions and market insights....

Sniper-Traders

Although I initially entered with a single position comprising about 2.5% of the net capital, I had to book it in two separate levels. I closed half of the position at around breakeven levels and the remaining half for a profit of about 22.47% of the remaining invested capital. The looming recession worries and the potential global slowdown of economies don't give...