Manappuram Finance recently got tumbled due to RBI ban on its microfinance arm ashirwad finance. But promoter of company has bought stock at 170 before it got happened, PE 6, PB of 1.2. Company is taking necessary precautions to lift ban of RBI. They are pioneer of good loans in INDIA. Currently this stock offers good margin of safety. The company has ROA of above...
L&T Finance makes an attractive buy with PE 14,PB 1.5 Company is shifting from wholesale business to retail loans franchise. With strong promoter of L&T and AAA credit rating and promoter guidance of maintaining sustainable ROA above 3% makes it a valuable buy for next 5 years. Stop loss at 100. Target for next 3 years - 300 min. Looks reasonable valued as...
Go long For 50% upside, its trading near support Management is giving good guidance for next 3 4 quarters
A stock to watch out for, it's currently undervalued compared to its peers, it can give a breakout in upcoming weeks. Strong results expected, considering the demand of health insurance and motor insurance parameters.
High volume seen in last 3 4 trading sessions, could hit 1400 levels and then 1600 levels, Good stock to watch out for in upcoming week..
Inverted Head n shoulder pattern visible in monthly chart, currently at support level of 600.
IEX, monopoly stock in energy trading. It's looking in accumulation phase Notice the high volume on daily chart which is preventing it from going below support level of 119. It has a resistance level of 130, if it beaks with high volume them it can go 152 levels and further 250 levels,
Fundamentally strong stock which has delivered strong eps growth, Currently undervalued as compared to intrinsic value which is around 2750, P/E 4.2, Strong momentum is there as well, good volume, first Target achieved, See other targets as well in the chart.
Resistance level 1200 Support level 800 It's supporting the current short term uptrend, but it will test it's resistance at 1200, possibility of breakout this time Because at fundamental level, it's undervalued at its peers, it's showing good eps growth quarterly, which can be seen in black line. If it doesn't break at 1200, then it may again test 800 levels
Inverted Head n shoulder can be seen on CDSL monthly chart, Support zone is around 1036, After that there is a strong chance of hitting 1600 levels,