Pokarna may push aheadPokarna Ltd. is renowned for its for its quality, uniqueness, design and variation in Granite business. They have a strong presence in 23 countries and robust distribution network in which more than 80% of revenue comes from USA. The company is the largest manufacturer and exporter of quartz surface.
Pokarna CMP is 413. Negative aspect of the company is declining net cash flow. Positive aspects of the company are low debt, FIIs are increasing stake and zero promoter pledge.
Entry after closing above 437. Target of the call will be 449 and 461. Long term targets in the stock will be 483 and 504. Stop loss in the stock should be maintained at closing below 381.
Stockstobuy
Praj looking to prosperPraj Industries Ltd is the multinational bio technology and engineering company. The company operates in bio energy, Hi Purity system, critical process equipment like skids, they also manufacture equipment useful for waste water treatment and brewery, Ethanol and beverages. It has a global presence in more than 100 countries with a team for 1200+ professionals. Praj Industries CMP is 397.35.
Negative aspects of the company are high valuation (P.E. = 30.4), declining cash from operations annual and promoter decreasing stake. Positive aspects of the company are improving annual net profits, no debt, FIIs are increasing stake, MFs are increasing stake and zero promoter pledge.
Entry after closing above 408. Target of the call will be 429 and 444. Long term target in the stock will be 461. Stop loss in the stock should be maintained at closing below 360.
Sobha may increase (Sobha) decorum of your portfolioSobha Ltd is real estate & construction firm with 28 years of expertise in delivering premium quality residential homes and commercial spaces across India. The company owns four manufacturing facilities for interiors, concrete product and metal work. Sobha CMP is 576.20.
Negative aspects of the company are high valuation (P.E. = 48.2), declining annual net profits, FIIs are decreasing stake and MFs are decreasing stake. Positive aspects of the company are low debt, improving cash from operations annual, promoter unpledged stake and promoter holding increasing.
Entry after closing above 587. Target of the call will be 623 and 682. Long term targets in the stock will be 702. Stop loss in the stock should be maintained at closing below 511.
Stocks I'm Hunting Longs on This WeekIn this video, I go over a list of stocks I'll be looking for strength in, to hop into longs on. I go over levels I'll be watching, and what would negate said interest.
I run scans each week, to look for ideal candidates for the following week (Longs). My scan this week provided me over 300 Stocks, and these are the ones I believe show the most promise.
As always, good luck, have fun, and practice solid risk management.
AMD -> Targeting The All-Time-HighHello Traders and Investors ,
my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of AMD 💪
Just a couple of months ago AdvancedMicroDevices Stock perfectly broke above a major monthly downtrend line and since then created a bullish rally of roughly 70%.
On the weekly timeframe you can see that AMD just retested previous weekly structure at the $108 level and in confluence with a 50% fibonacci retracement level I do expect the continuation towards the upside from here.
The daily timeframe however is currently not bullish on AMD and the stock is retesting resistance at the moment so I am waiting for a bullish break back above the structure before then the daily timeframe is perfectly aligning with the overall long term bullish picture.
Keep in mind: Don't get caught up in short term moves and always look at the long term picture; building wealth is a marathon and not a quick sprint 📈
Thank you for watching and I will see you tomorrow!
My previous analysis of this asset:
Polyplex can playwell from herePolyplex Corporation Ltd. has the 7th largest capacity of polyester film globally. The company supplies it’s products to 2650+ customers in 75 countries across Europe, America, Far East, Asia Pacific, Middle East and The Indian sub-continent.
Polyplex Corporation CMP is 1357.65. Negative aspects of the company are declining annual net profits, declining cash from operations annual and FIIs are decreasing stake. Positive aspects of the company are no debt and zero promoter pledge. dividend yield of Polyplex at CMP is 7.8%.
Entry can be taken after closing above 1364. Targets in the stock will be 1395 and 1439. Long term target in the stock will be 1487 and 1536. Closing above 1537 can take a stock to very long-term target of 1650. Stop loss in the stock should be maintained at closing below 1263.
NMDC nudging ahead...NMDC (National Mineral Development Corporation) Ltd. is a government undertaking and also India’s largest producer of iron ore. It produces more than 35 million tons of iron ore from three merchandised mines in Chhattisgarh and Karnataka.
NMDC CMP is 107.50. Negative aspects of the company is declining annual net profits. Positive aspects of the company are improving cash from operations annual, no debt, FIIs are increasing stake, MFs are increasing stake and zero promoter pledge. Dividend yield of NMDC at CMP is 3.5%.
Entry can be taken after closing above 110. Targets in the stock will be 114.40 and 118.15. Long term target in the stock will be 122.25 and 126.70. Stop loss in the stock should be maintained at closing below 99.
Is Pinterest awaiting a higher correction?Pinterest - 30d expiry - We look to Sell at 28.88 (stop at 30.28)
In our opinion this stock is overvalued.
We are trading at overbought extremes.
Bearish divergence can be seen on the daily chart (the chart makes a higher high while the oscillator makes a lower high), often a signal of exhausted bullish momentum, or at least a correction lower.
A higher correction is expected.
29.27 has been pivotal.
29 continues to hold back the bears.
Preferred trade is to sell into rallies.
Our profit targets will be 25.58 and 25.08
Resistance: 27.70 / 28.35 / 29.27
Support: 26.97 / 26.00 / 25.50
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bosch looking bombastic long term ideaBosch is an engineering and technology MNC company. The company offers mobility, home, industry and trade solutions but approximately 84% of Bosch India business comes from its automotive segment.
Bosch CMP is 19042.35. Negative aspects of the company are high valuation (P.E. = 39.4), declining cash from operations annual and FIIs are decreasing stake. Positive aspects of the company are improving annual net profits, no debt, MFs are increasing stake and zero promoter pledge.
Entry after closing above 19320. Target of the call will be 19541 and 19825. Long term targets in the stock will be 20247. Stop loss in the stock should be maintained at closing below 17858.
Picking up infosys is an informed choice1. Infosys ltd. is an Indian multinational IT company that provides business consulting, IT services and outsourcing services. The company is the top employer for the third consecutive year in 2023 and have presence in more than 56 countries.
Infosys CMP is 1335.50. Negative aspects of the company are declining cash from operations and FIIs are decreasing stake. Positive aspects of the company are improving annual net profits, no debt, MFs are increasing stake, promoter holding increasing and zero promoter pledge.
Entry after closing above 1337. Target of the call will be 1365 and 1386. After closing above 1420 the long-term targets in the stock will be 1485. Very long-term target for a long run are 1574 and 1623. Stop loss in the stock should be maintained at closing below 1189.
#Sofi $SofiAfter trading in a range from $4-$8 for the last 14 months, we find ourselves now with the possibility of turning the box marked with bulls into a support/buy zone. If we can get confirmation and continuation on this into next week or even just the markets hold up Monday i would expect at the LEAST to revisit the recent high. Making for a nice quick play. However in the BIGGER picture i think you could see a LOT more upside targets getting hit.
BB BlackBerry Limited Options Ahead of EarningsAnalyzing the options chain of BB BlackBerry Limited prior to the earnings report this week,
I would consider purchasing the 5usd strike price Call with
an expiration date of 2023-8-18,
for a premium of approximately $0.33.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
TAJ GVK looking to shine Taj GVK Hotels & Resorts Ltd. is the joint venture between Indian hotel and Hyderabad based GVK Group. Taj GVK has established its presence as an industry stalwart in a short time with 7 premium properties. The company has total room base of 1362.
Taj GVK Hotels & Resorts CMP is 230.65. Negative aspect of the company is FIIs are decreasing stake. Positive aspects of the company are no debt, improving annual net profits, improving cash from operations annual, MFs are increasing stake and zero promoter pledge.
Entry after closing above 236. Target of the call will be 245 and 253. Long term targets in the stock will be 268. Stop loss in the stock should be maintained at closing below 216.