Alltimehigh
HUHTAMAKILooks Ready for a Multiyear Breakout.
Good Volume Buildup.
Above all Key EMA.
Good for Short Term.
Do Like ,Comment , Follow for regular Updates...
Keep Learning ,Keep Earning...
Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.
SWING IDEA - CARBORUNDUM UNIVERSALCarborundum Universal , a renowned conglomerate in the industrial sector, presents a compelling swing trade opportunity.
Reasons are listed below :
A bullish Marubozu candle on the weekly timeframe signals strong buying pressure and potential upward momentum.
The stock is breaking out of a consolidation phase lasting over a year, indicating a significant shift in market sentiment and potential for sustained movement.
Finding support at the 0.382 Fibonacci level strengthens the bullish case, providing a solid foundation for potential upward movement.
The 50-period Exponential Moving Average (EMA) on the weekly chart acts as additional support, reinforcing the bullish bias.
The stock is attempting to breach its all-time high, signaling strong upward momentum and potential for further gains.
Notable increase in trading volumes reflects heightened market interest and potential accumulation by investors, adding confirmation to the bullish thesis.
Target - 1405 // 1475 // 1650
Stoploss - weekly close below 1085
Disclaimer :
Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services.
@visionary.growth.insights
20 Microns LTD have Broken All Time High With Very Good VolumeKey Activities
• 20 Microns invests in research &
development to develop innovative products
& processes that can be used in various
industries
Key Products.
White Pigment Opacifier
Synthetic Aluminium Silicate
High Performance Opacifier
Flash Calcined Clay
Matting Agent
Polyethylene Wax
Organo Clays
Calcium Carbonate
• Natural Baryte
• Natural Talc
• Natural Mica
• Natural Silica
• Calcined Kaolin
• The company works with close proximity with
its customers to provide customized
solutions based on their specific
requirements
Key Resources
• Mines
• Technology & R&D prowess
• Human Resources
• Trusted Brand Image
Cost Structure
• Raw material cost is ~50% of the revenue
• Other major costs are power & fuel, freight
& logistics accounts
Revenue Generation
• Revenue is generated from sale of industrial
minerals, specialty chemicals and branded
products.
• The company also generates revenue from
sale of its products outside India.
• The company has formed strategic alliances
and joint ventures with global players, which
help to expand its business and generate
revenue from new markets.
Revenue from Operations - ₹ 921.40 mn
EBITDA - ₹ 106.10 mn
EBITDA Margins – 11.52%
PAT - ₹ 32.40 mn
PAT Margins – 3.52%
Financial Performance Comparison FY24 v/s
FY23:
Consolidated revenue from operations
increased by 10.80% and stood at
₹7,774.93 Mn in FY24 from ₹7,016.87 Mn
in FY23. This growth was led by addition of
new customer and through enhancing our
core offerings through several strategies,
such as expanding distribution channels
and launching new products.
EBIDTA increased by 22.63% from ₹857.36
Mn in FY23 to ₹1,051.34 Mn in FY24
margins improved from 13.52% in FY24 to
12.22% in FY23.
PAT during the year stood at ₹561.60 Mn
in FY24 compared to ₹419.62 Mn in FY23
with margins improving to 7.22% from
5.98%.
SWING IDEA - PRESTIGE ESTATESPrestige Estates , a leading Indian real estate developer, is showing a compelling opportunity for a swing trade.
Reasons are listed below :
Breakthrough of Resistance Zone : The 1350-1400 range had been a significant resistance zone, but the price recently broke through and achieved a weekly close above it, indicating a strong upward momentum.
0.5 Fibonacci Bounce : The price retraced to the 0.5 Fibonacci level and subsequently bounced back, suggesting this level is acting as strong support, reinforcing the potential for continued bullish movement.
Breakout from Consolidation Phase : The stock has broken out of a 4-month consolidation phase, signaling that it could be entering a new upward trend.
Bullish Marubozu Candle on Weekly Timeframe : Last week's marubozu candle (with minimal shadows) indicates strong buying pressure and supports the case for continued bullish momentum.
Trading Above 50 and 200 EMA on Weekly Timeframe : Prestige Estates is trading above both the 50-week and 200-week exponential moving averages, which is a robust signal of a prevailing uptrend.
Trading at All-Time High : The stock is currently trading at its all-time high, indicating strong bullish sentiment. However, traders should watch for potential pullbacks or resistance at this level.
Target - 1650 // 1800 // 1900
Stoploss - weekly close below 1300
DISCLAIMER -
Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services.
@visionary.growth.insights
NQ Power Range Report with FIB Ext - 6/20/2024 SessionCME_MINI:NQU2024
- PR High: 20241.25
- PR Low: 20227.50
- NZ Spread: 30.75
Key economic calendar events
08:30 | Initial Jobless Claims
- Philadelphia Fed Manufacturing Index
11:00 | Crude Oil Inventories
ATH march continues through rollover week
Evening Stats (As of 12:05 AM)
- Weekend Gap: N/A
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 248.72
- Volume: 91
- Open Int: 229
- Trend Grade: Bull
- From BA ATH: -0.2% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 20383
- Mid: 19246
- Short: 17533
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
BAJELAll Time High Breakout .
Volume Buildup seen.
Above all Key EMA.
Good for Short Term and Long Term.
Do Like ,Comment , Follow for regular Updates...
Keep Learning ,Keep Earning...
Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.
HPLAll Time High Breakout.
Massive Volume Buildup.
Above all Key EMA.
Good for Short Term.
Do Like ,Comment , Follow for regular Updates...
Keep Learning ,Keep Earning...
Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.
GMRINFRAMultiple Breakouts.
52 Week High and Rounding Bottom.
Good Volume Buildup.
Good for Short Term.
Do Like ,Comment , Follow for regular Updates...
Keep Learning ,Keep Earning...
Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.
JKPAPERATH Breakout .
Good Volume Buildup.
Above all Key EMA.
Good for Short Term.
Do Like ,Comment , Follow for regular Updates...
Keep Learning ,Keep Earning...
Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.
AMD - Trading opportunity is almost there!Hello Traders and Investors, today I will take a look at AMD .
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Explanation of my video analysis:
The stock chart of Advanced Micro Devices (AMD) is looking quite interesting at the moment: A couple of months ago AMD broke out of a major symmetrical triangle formation, creating another rally of roughly +100%. But at the moment AMD also already corrected roughly -40% and is approaching a major confluence of support at the $125 level from which we could see another bullish reversal and rally.
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Keep your long term vision,
Philip (BasicTrading)
NIFTY DAILY - 10/6/2024Nifty opens with gap up and made All Time High which 23411 but didn’t sustain the upper level and made days that is 23227 level.
Nifty gave closing down by -30 points which is around -0.13%.
Index has formed a red body candle with long upper shadow which indicates participants were selling from higher level.
Currently RSI is trading at 58.
Nifty is not able to sustain above 23300 level so, further 23396 will work as resistance level with support of 23007 level.
Bank Nifty levels
Support – 49547
Resistance – 49974
Today’s Advance Decline ratio of NIFTY50
Advance - 27
Decline - 23
FII Buy + 2572.38 crores
DII Buy + 2764.64crores.
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
Breakaway gap in Balkrishna Industries?The price of NSE: BALKRISIND did breakout from previous all time high and resistance zone with a gap. This could possibly be a breakaway gap with high volume.
The gap was tested this week and bulls held the breakout.
Looks like decent chances of continuation from here.
TITAN - The time looks Good !!- All time high was tested 3 times
- Recent rejection from All time high
- Finally the price broke ATH, with a good momentum candle.
- PE looks good.
Disclaimer: Please note that we are not registered advisors and the views expressed here are solely personal opinions. We strongly recommend consulting with your financial advisors before making any investment decisions. We like everybody else, have the right to be wrong.:)
Dow Jones - All time high and 20% rally?Hello Traders and Investors, today I will take a look at the Dow Jones .
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Explanation of my video analysis:
For more than a decade, the Dow Jones has been trading in a rising channel formation. We had the first retest of support and resistance back in 2011 and ever since this was a massively profitable channel pattern. With the recent breakout above the $35.000 resistance level, the Dow Jones clearly looks like the next target is once again the upper resistance of the channel.
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Keep your long term vision,
Philip (BasicTrading)
BJP Election Jeete ya Haare BIKAJI FOODS ki Mithai to Banti hai
Company has delivered good profit growth of 39.5% CAGR over last 5 years
Delivered overall volume growth of 14.3% and value
growth of 33% in Q4 YoY
EBITDA margin expanded by 244 bps in FY 24 over FY
23. This was led by gross margin expansion by 329 bps
due to favourable material prices along with better
product mix and realisation.
In Q4 FY PLI income has been recorded amounting to
INR 930.5 millions (for FY 20-21, FY 21-22 and FY 22-23)
as all commitments have been fulfilled. Going forward
this will be recorded on accrual basis quarter on
quarter.
Total committed investment was done by 31 March 2024 as per committed timelines.
Realised amount of INR 484 millions for FY 2021-22 and FY 2022-23 in two tranches from Government.
Since commitment is completed, from this year onwards started booking PLI income in books of account under “other operating
revenue” as per accrual concept of accounting.
In current year booked income in books pertaining to FY 2021-22, FY 2022-23 and
FY 2023-24. Going forward same will be booked quarter on quarter basis.
Bikaji Foods International Ltd (previously Shivdeep Industries Limited) was founded in 1986 as a partnership concern and was converted to a limited company in October 1995. The erstwhile firm used to sell its product under the name of Haldiram, and from 1993 onwards, the company established the BIKAJI brand for its products. The company is engaged in the manufacturing and processing of bhujia, papad, namkeens, cookies, snacks and sweets, among other products. It also exports to more than 35 countries and contributes approximately 5% of sales. The company has ISO: 9001:2015 and ISO 22000:2005 certified manufacturing facilities in Bichhwal, Bikaner.
Bikaji Foods International Limited is one of India's largest fast-moving consumer goods ("FMCG") brands. The company's product range includes six principal categories: bhujia, namkeen, packaged sweets, papad, western snacks as well as other snacks which primarily include gift packs (assortment), frozen food, mathri range, and cookies.
Ethereum - $5.000 retest soon?Hello Traders and Investors, today I will take a look at Ethereum .
--------
Explanation of my video analysis:
By connecting the significant highs from 2018 and 2021 and the significant lows from 2019 and 2022 you can see that Ethereum is clearly trading in a rising channel formation. Furthermore Ethereum is approaching the previous all time high which is roughly at the $4.500 area but even then the path of least resistance is certainly higher. Eventually I do expect a retest of the $5.000 level.
--------
Keep your long term vision,
Philip (BasicTrading)
BTCUSDT could be heading towards a new All-Time HighWe can clearly see that 67k is a very strong support/demand area, which is currently being respected. And as long as Bitcoin remains above, without a decisive daily break and close blow 66k, we will continue to expect a potential rally.
Along with the BTC, Alts should feel very strong as well, and many should go ballistic.
TRIL Showing Again Bullish Mood at All Time High ZoneCompany has reduced debt.
Company has delivered good profit growth of 57.2% CAGR over last 5 years
Most preferred Indian Brand, known for manufacturing High Voltage Transformers viz. 220 kV 400 kV, 765
kV, 1200 kV indigenously
❑ Expertise in designing and manufacturing transformers from 5kV up to 1,200kV voltage class
transformers and from 0.5MVA to 500MVA capacity; thereby having presence across the value chain
❑ Manufactures entire range of transformers viz. Power, Distribution, Furnace, Rectifier Transformers &
Shunt Reactors, creating a unique positioning for itself in the transformer industry
❑ Supported by backward integrated manufacturing facilities housed in Gujarat
❑ International presence in 25+ countries
New Order Received during the year ₹ 2,050 crore
Order from Solar Power Plants:
❑ Received order for Solar Power Plants for 4 nos. 250 MVA 2x33 kV/400 kV from a reputed EPC Company
❑ Received order for 8 nos. 315 MVA 2x33/400 kV from a Maharatna PSU
Order from Private Sector Industry:
❑ Received maiden order for 400 kV Single Phase Generator transformers of 6 nos. 210 MVA from a steel plant
Order from Metro Projects/ Railways:
❑ Received order for Delhi Metro (DMRC) and Chennai Metro Projects
Order from Central Power Utility:
❑ Received order for 72 nos. Transformers & Reactors from a leading Central Power Utility in India
❑ Received order for 2 nos. 250 MVA ICT from one of the PPP model Company
❑ Received order of 4 nos. 60 MVA Traction Power Transformer (Scott Connected)
❑ Received an order of 220 MVA EAF transformer for Exports to be used in steel melting application, it
is second biggest rating in the world. Unit to be export in Q1FY25.
Other Achievements:
❑ Successfully tested the most stringent Dynamic Short Circuit test on multiple transformers of various voltage
ratings. With this company has crossed a commendable milestone of successful Dynamic short circuit test on
a record 150 plus transformers in last two decades.
❑ Technology for 765 kV class shunt reactors has been fully absorbed
Q4FY24 revenue ₹ 500 crore; FY24 revenue ₹ 1,273 crore
❑ Q4FY24 EBIDTA ₹ 65 crore; FY24 EBIDTA ₹ 129 crore
❑ Q4FY24 EBIDTA margin 12.9%; FY24 EBIDTA margin 10.0%
❑ Revenue improvement due to faster execution of major orders, better production planning, improved
receivables, internal control systems, etc.
❑ Export Contribution as a % of Revenue 11%
❑ Average monthly collection from customers during H2FY24 was Rs.144 crore which indicates stringent
internal controls systems in place.
❑ Tailwind to continue & company expects much higher profit margins in years to come.
“
TECHNOE is Hammering and Trapped At All Time HighTEECL, headquartered in Kolkata, is promoted by Mr P P Gupta, who is assisted by a team of professionals. It undertakes turnkey engineering, procurement and construction (EPC) projects, predominantly in the power sector, across generation, transmission, and distribution segments. In fiscal 2015, the company received the Best Safety Award from Power Grid. TEECL entered the renewable power generation space in 2009 with 45 megawatt (MW) of wind energy assets by acquiring Super Wind. It acquired Simran Wind Project Ltd (Simran) in 2009, which had installed capacity of 50.45 MW that was subsequently scaled up to 162.35 MW. The company divested 44.45 MW and 33 MW of capacity of Simran in May 2015 and January 2017, respectively. TEECL got its current name post its merger with Simran.
For the nine months through December 2023 profit after tax (PAT) was Rs 200 crore over total income of Rs 1198 crore compared with Rs 126 crore and Rs 516 crore, respectively, in the corresponding period the previous year.
Current
Order Book is
Rs 1600 Crores
Techno is targeting for
Rs 2000 - 2500 crores
every year in its segment
Techno envisages to develop
250 MW of Data Centers with
a capex of over USD 1.3 billion
in the next 5-6 years
As per, Gazette notification (GOI) all Thermal Power Plants
need to limit their sulphur emission.
Total Target is for 211.52 GW (67.25 GW by Central Govt.,
67.74 GW by State Govt. and 76.528 GW by private players)
by 2026.
Of these, around 10.6 GW is already installed, and bids for
102.96 GW are already awarded.
Bids for 23.67 GW has been opened
Around 71.42 GW are around various stages before being
awarded.
They have received the contract for 500 MW from DVC for Rs
3190 million (already commissioned) and an order worth Rs
14550 million from Rajasthan Rajya Vidyut Nigam Ltd.
They have tenders worth Rs 1000 crores under bidding in the
pipeline
Govt. of India plans to grow from 1 mn smart meters to 250 mn smart meters
Till now total smart meters sanctioned for installation is 229.8 mn
Out of the above, around 8.64 mn meters have been installed till now, and rest are
under various stages of implementation.
Currently, most of the orders getting bided are on the RDSS Scheme (87.71% of the
sanctioned meters)
Techno has received orders for 3.77 lakh meters at Jammu & Kashmir
Techno has also got an order worth Rs 633.23 crores for 5.53 lakh smart meters at
Indore and J&K for 7.25 lakh meters worth 1041 crores under the DBFOOT model.
Techno is bidding for various projects for 40 Lakh meter projects worth Rs 4500
crores.
Chota Packet Bada Dhamaka Supreme Power Equipment LtdTransformer Market size is valued at USD 54 billion in 2022 and is anticipated to
grow at a CAGR of 7.2% between 2023 and 2032.
o Large scale integration of renewable energy sources coupled with increasing
electrification programs primarily across the emerging economies will
accelerate the industry scenario.
o Expanding urban infrastructure to proliferate product demand for commercial &
industrial applications Power transformer market from the commercial &
industrial applications segment is expected to exhibit nearly 7% growth rate
between 2023 and 2032.
o The global power transformer market size was valued at $27.7 billion in 2019, and
is expected to reach $50.8 billion by 2027, registering a CAGR of 7.9% from 2020
to 2027.
Indian Transformer Market Size
o The India transformer market is expected to rise at a CAGR of more than
5% during the forecast period.
o The Transformer market in India can be pegged at more than INR 12,000
Crores. Power Transformers contribute 45 percent of the total market and
distribution transformers, 55 percent.
o Anticipating the huge domestic, requirement of power sector expansion
and overseas demand, the transformer industry in India has more than
doubled its manufacturing capacity over the last five years.
o Transformer manufacturing capacity in India stands at ~370 GVA with
capacity utilization rates hovering around 60- 70 percent on an average
over the last 5 years.
Power Sector
o India is the third-largest producer and consumer of electricity worldwide, with an installed power capacity of 416.59 GW as of April 30, 2023.
o India's power generation witnessed its highest growth rate in over 30 years in FY23. Power generation in India increased by 8.87% to 1,624.15 billion
kilowatt-hours (kWh) in FY23.
o According to data from the Ministry of Power, India's power consumption stood at 130.57 BU in April, 2023.
o The peak power demand in the country stood at 226.87 GW in April, 2023.
Attractive Opportunities
In Union Budget 2023-24, the government allocated US$ 885 million (Rs. 7,327
crore) for the solar power sector including grid, off-grid, and PM-KUSUM
projects. •
To meet India’s 500 GW renewable energy target and tackle the
annual issue of coal demand supply mismatch, the Ministry of Power has
identified 81 thermal units which will replace coal with renewable energy
generation by 2026.
In Budget 2023-24, Government has committed an outlay of Rs. 10 lakh crore
(US$ 120 billion) during 2023-24 towards infrastructure capital expenditure
compared to Rs. 7.5 lakh crore (US$ 90 billion) (BE) during 2022–23.
Company has reduced debt.
Company is almost debt free.
Company has delivered good profit growth of 108% CAGR over last 5 years.
Company has a good return on equity (ROE) track record: 3 Years ROE 67.2%.
Debtor days have improved from 114 to 83.3 days.
Company's working capital requirements have reduced from 87.0 days to 67.8 days
COAL INDIA HAVE BROKEN & SUSTAINED ITS PREVIOUS ALL TIME HIGHPREVIOUS STUDY SHARED ON 06 MAY 2024 ....
Company is almost debt free.
Stock is providing a good dividend yield of 5.11%.
Company has a good return on equity (ROE) track record: 3 Years ROE 51.8%
Company has been maintaining a healthy dividend payout of 51.8%
New Projects 9MFY24
1 Environmental Clearance : EC has been obtained for 14 Proposals (Incremental EC Capacity of 9.85 MTY).
2 Forest Clearance : 1 proposal of wild life clearance (121.58 Ha) has been secured.
3 CIL has approved 5 Coal Mining Projects with a total capacity of 60.04 MTY and incremental capacity of 33.24 MTY.
Solar Power Generation
Aim to set up 3GW capacity of solar power projects to become net-zero by FY 25-26. CIL intends to add another 2 GW of renewable energy, aiming for a total installed capacity
of 5 GW.CIL is also participating in PAN-India Solar tenders of GUVNL, SECI etc to achieve the target of 5 GW. CIL has entered in an MOU with Rajasthan Rajya Vidyut Utpadan Nigam Ltd to develop Solar Power Project at Solar Park in Rajasthan.
NIFTY DAILY - 24/5/2024Nifty opens lower and made day low which is 22908 level, afterwards bulls drag the market upside and made All Time High that is 23026 level.
Nifty was highly volatile throughout the trading session, Nifty traded in between +50 points to -50 points for whole day.
Index has formed green body candle with long upper shadow which indicates seller were selling from days high.
Candle is trading at upper band of Bollinger Band.
Nifty is able to hold 22900 so, further resistance can be 23059 level with support of 22716 level.
Bank Nifty levels
Support – 48677
Resistance – 49334
Today’s Advance Decline ratio of NIFTY50
Advance - 17
Decline - 32 Unchanged – 1
FII Sell – 944.83 crores
DII Buy + 2320.32 crores.
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂