Asian Paints, a stalwart in the Indian Paint market, has dropped to ₹2,300, marking a three-year low. Amidst this decline, the stock exhibits noteworthy indicators: 1. **Relative Strength Index (RSI)**: Currently below 50, signaling potential oversold territory. 2. **Price-to-Earnings Ratio (P/E)**: Historically low at <46, presenting a rare valuation...
Bandhan bank - Small size bank with big aspirations all information as of 31-Dec-24, after market hours Market Cap 25,616cr PE 9.19 dividend yield .94% rising sales , rising profit in last 5 years stocks falls for many reason but go up for one reason, good fundamental and earing prospect. Disclaimer - education advice and study further before investing
Warren Buffett's philosophy of "buy when others are fearful" resonates with the current scenario of RBL Bank. From its peak of ₹700, the stock has witnessed a steep decline, sparking concerns among investors. However, such situations often present lucrative opportunities for contrarian traders and value investors. Is the current price an attractive entry point or...
LIC is a top insurance company with solid fundamental. with the market cap of 34,800 cr it is very difficult for manipulation in price by operators. when large cap companies moves in range the breakout is generally given on the upside. LIC is at the support and next resistance is 31% away..........a good chance to achieve the target by 30-Apr-25 Disclaimer:...
The current uptrend of nifty has started 23-Mar-23 and since then nifty is rising steadily by following parallel uptrend channel. It has taken support three times. 1. 27-Oct-22 2. 05-Jun-24 3. 22-Nov-24 Nifty has also respected the 200 SMA except for breaking it on 12th Nov 24 and then reclaiming back. Such a trend lasts for at least two years before taking a...
Coforge is a large CAP IT stock and historically has demand PE in 33-40 range. but at this stage the PE is 72. the sales are rising and price is also at all time high. Can stock justify such an high valuation? may be yes? if something is known to buyers about the company that is not public. Caution till we get clarity.......
NiftyIT has crossed life time high after 3 years of consolidation and it is poised for higher and more higher.
A gravestone Doji is a negative pattern that indicates a price reversal followed by a downturn. Though nifty lost all the gain it made during the day (19th Nov 24) the return of bull for the large part of day indicate that downtrend may be ending and consolidation phase may start.