Bseindia
BSE ltd - Clean Breakout with retest !!- Breakout from Resistance level
- Retest made giving a nice buying opportunity
- Good risk reward ratio
- First target can be 1,175 Rs
- Bullish sign of momentum
NSE:ACML Ambika Cotton Mill ( India) best in business..Ambika Cotton Mills Limited (ACML) based out of Coimbatore in Southern India, is engaged in the manufacture of premium quality Compact and Elitwist cotton yarn for hosiery and weaving. We are established ...
~ Cup and handle breakout
~ Expecting to go higher this time around, look at the volume profile .
~ Cotton Yarn prices are touching through the roof
~ company is a direct beneficiary
~ Company is best in business - all the top international clothing companies buy cotton for shirts, other clothes from Ambika
Disc: Invested in my LT portfolio and holding for long term
KELLTONTEC - Buy TradeMultibagger Stock Pick
KELLTON TECH - Buy
CMP 78. Target Rs140
Kellton Tech Solutions Ltd. is an Indian IT, outsourcing and software development company headquartered in Hyderabad with offices in US and Europe
with market cap of around 727cr, trading on a PE of just 10.9, ROCE at 20.7%, Book Value of 46.7, Face value of 5 and has a promoters stake of 55.85% with FII 1.34%.
And why should I buy it ?
1) One of the leading company for digital transformation and integration.
2) Digital commerce & Marketing.
3) Outsource product development.
4) Delever SAP solutions end to end and is a certified SAP gold partner.
5) Internet of things platforms and solutions.
6) Strong presence in US, EUROPE. INDIA, and Asia Pacific.
7) The company appeard four time in the Deloitt technology fast 50 India list.
8) The company is a part of Forbes Asia under a billion top 200 company list.
9) Won the "Integration partner of the year" award in London.
10) They have a very big clienal list from startups to fortune 500 companies, to name few Cococola, Walmart, MAX life, UPS, Novartis, Univision, snapdeal, hatway, Flipkart, KFC, Paytm, Pizza Hut, Religare, Dupont, Makemytrip, policy bazaar, and many more.
11) Kelton recently announced that it has been chosen by ZEE5, India’s Entertainment Super-app, to build a next-generation, cloud-native content management system (CMS) that delivers relevant, real-time content experiences across all constituents of business.
12) Received a contractor $5ml from Food Corporation of India Ltd for implementation and maintenance of HR and management system.
13) Fy19 and 20 were very challenging years for IT companies and despite that the company registered a top line of 770cr, EBITDA 116cr, maintained margins of 15%, and PAT of 71cr. with an EPS of Rs. 7.55
14) Very strong return ratios, last three yrs. ROE track records is 24 to 25%
15) The average multiples for IT sector is around 50 to 60 PE levels, so now we can see how valuation are so attractive for Kellton.
Last and final point which I would like to highlight.
16) They have entered into a new streem which is booming right now, and that's *cryptocurrency trading.*
They have started developing platforms where crypto trading can be performed and is the hot theme running now a days, will develop NFT technologies and on that the trading platforms will be built. The contract which they received is very significant. Big giants are also about to enter in the same field and Kelllton will definitely have an upper edge.
Buy it to Double Your Money.
Refex Industries Next Target for Refex is at Rs.220+
Managed to break above the Handle, with increasing volumes a rapid move in the stock is expected
Alembic Pharma- Joining the pharma rally soon ?All levels are mentioned on the chart. Happy Learning :)
#Apollo Tubes LONG - High returnsPrice action and trend is solid, daily + weekly! Bought today.
Trade idea inspired from my homie: Akul Bansal
Hindalco - Elliott wave analysis It completed 5th wave of impulse cycle of larger degree from major bottom and therefore it should correcting down. But wait for impulse down wave to confirm the down sequence.
If it is moving in sideways then it is probably extend the 5th wave up and go higher much more.
ORIENTREF CASH CHARTFINALLY, THE STOCK FROM RED HOT SECTOR IS HERE
CMP-303.05
STOP LOSS-166
TARGET-330/380/450/700.
ADD ON EVERY DIP IS ADVISABLE
HOLDING PERIOD= 8-10 MONTHS.
SENSEX is Falling 01/02/2021as we can see
we have bearish Divergence with MACD Signal and MACD Histogram and it is at the end of a bullish trend which is happening post corona Pandemic and it can be interpreted as trend reversal and Distribution time
now it can be the time for some correction and retraces
we have analyzed the daily Timeframe and used Price Action Strategy to find the accumulation zones
these areas are also having confluences with Fibonacci retracement levels which are good areas to target or enter
we may have a small bullish Spike but the overall scenario is bearish from now onwards
