Sniper-Traders

Sniper-Traders

Pros: The company has maintained a consistently low debt to equity ratio over the last 5 years, indicating a prudent approach to financing compared to the industry average. With a current ratio well above the industry average, the company demonstrates strong liquidity, providing a solid foundation for operational needs. Foreign Institutional Investors...

Sniper-Traders

Pros: Debt to Equity Ratio: Over the last 5 years, the company has maintained a low debt to equity ratio of 1.73%. This is significantly lower than the industry average of 505.36%, indicating a conservative approach to financing. Current Ratio: The current ratio over the last 5 years stands at 200.77%. This surpasses the industry average of...

Sniper-Traders

Fundamentals Cons: YoY revenue declined by 7.5%, and PAT experienced a significant 24% YoY decline. The company faces reduced demand as consumers have already purchased goods during the COVID period, impacting fresh buy orders. The decision to increase advertising spending comes during a period of reduced demand, potentially straining the company's...

Sniper-Traders

I do realise that there is a potential move of about 10% more to the HTF channel line. But considering the overall valuation of the market there is a possibility for a correction in the near future. So this in turn may lead to a sell-off in overvalued stocks like the same. Hence decided to book profits. So booked a profit of about 13.41% at the first key...

Sniper-Traders

Some key levels have been broken and also the market did reverse after taking the all-time highs. The momentum to the upside was fading and it is evident from the smaller ascending channel formed when the all-time high was taken out. Right after that, the market broke the ascending channel with momentum and this also adds up the possibility for a sell-off in the...

Sniper-Traders

Booked profit of about 19.28% on the invested capital. I do realize that there is a potential for a move of about 9% to the next key inflection levels. But considering the overall valuation of the US market and the high interest rate environment and the possibility for a recession to hit the US economy in the near future, I do expect a sell-off. So decided to...

Sniper-Traders

Fundamentals Pros Very consistent free cash flow. Revenue is increasing YOY. There is good enough institutional interest in the stock. This is a mega cap company. They are a dividend king. Hardly any short interest in the company. They have 3 times of their net debt as free cash flow. This is a good sign in times of recession. Cons There is a lot of competition...

Sniper-Traders

Added onto the positions at 384.95 for about 1.25% of the capital. With this entry the total allocation in this stock reached about 2.5% of the net capital. Expecting a potential upside move of about 25% in the near term. Will not be adding anymore into the stock, even if it crashes further, as per my risk management rule. Previous post related to this stock is...

Sniper-Traders

Fundamentals Goldman Sachs recently made a strategic addition to their India Equity Portfolio by incorporating IKIO, a small-cap gem poised for significant growth. Specializing in LED light solutions, IKIO operates in the B2B sector, manufacturing a diverse range of products such as LED lights, refrigeration lights, ABS pipes, and electrical items like fan...

Sniper-Traders

Booked a profit of about 8.58% on the invested capital. I do realize that there is a potential move for about 5.8% to the upper trendline of the channel. But considering the overall valuation of the market, I expect a higher probability for a sell-off. So decided to book profits in the stock as of now and to consider a re-entry if price falls back to the low...

Sniper-Traders

The price has reached crucial inflection levels, and concurrent with Bank Nifty also being at levels where sellers may opt to book profits, I made the decision to secure gains and transition to cash positions. I have booked a profit of approximately 5.13% on the invested capital. While I acknowledge the potential for a move of about 6% to the channel highs, I am...

Sniper-Traders

Expecting a reversal movement across all the IT stocks. There is even the possibility of a gap fill before the crash. But still, a crash is of higher probability in the coming weeks.

Sniper-Traders

There is a higher probability for a reversal from the short-term double top levels. The price of crude oil in the international market is expected to rise in the coming weeks. The inflation worries have also not subsided. The fact that the market has peaked, in spite of all these factors, adds to the possibility of a reversal in the price action, in the coming weeks.

Sniper-Traders

A short-term reversal move can be expected due to profit booking. The market has also peaked and there is a chance for the crude price to increase in the coming weeks. This can also affect the stock price adversely.

Sniper-Traders

Expecting the price to at least touch the bottom of the ascending channel before taking a reversal move. And if this happens then the US Market will rally accordingly. NASDAQ:NDX

Sniper-Traders

Oil Price is expected to average at around $92 within a few weeks. Then depending on the global cues at that time we can have a much clear idea about whether it is going to rally further or crash. This is going to affect the profitability of the oil stocks in India and will affect their share price adversely. www.thebalancemoney.com

Sniper-Traders

Oil Stocks rallied in the past few days mainly due to the fall in international crude prices. This will in turn increase the profitability of the Oil Companies. But this scenario won't exist for long. The oil price will rise within a few weeks and the domestic oil price will not increase accordingly due to multiple factors like preventing inflation and the...

Sniper-Traders

Expecting a deeper crash in the stocks and in the whole sector. The market has peaked and there is a potential for profit booking to kick in. The inflation worries have also not faded out. If there are no signs of pivot from the FED as expected, in the coming week then all the gains will reverse.