Tata Elxsi a giant trying to wake up from slumber. Tata Elxsi a giant trying to wake up from slumber. It has not woken up yet. It will fully wake up only after closing above 6877 but till then here is what you can do.
Tata Elxsi provides design and technology services to various companies across sectors like Automotive, Broadcast, Communication, Healthcare and Transportation. Company is also helping customers reimagine their products and services through design and digital technologies such as Internet of things, Cloud, Mobility, Virtual Reality and Artificial Intelligence. CMP of the stock is 6201. Negatives of the company are High valuation (P.E.= 54.1) and FIIs and MFs are decreasing stake. Positives of the company is Zero promoter pledge, no debt, improving quarterly net profit and improving annual net profit. Entry in the stock can be taken after closing above 6269 levels. The targets will be 6382, 6513 and 6612. Long term target in the stock will be 6739 and 6800+. The stock is a long term investment idea. Stop loss should be maintained at Monthly closing below 5721.
Stockstobuy
Cisco sequence for trading is higher highs and lows.Cisco Systems - 30d expiry - We look to Buy at 49.75 (stop at 47.75)
Daily signals are bullish.
The sequence for trading is higher highs and lows.
Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end.
We look to buy dips.
Previous resistance at 50 now becomes support.
Trading close to the psychological 50 level.
50 1day EMA is at 49.69.
Our profit targets will be 54.75 and 55.75
Resistance: 51.75 / 52.56 / 54.00
Support: 50.73 / 50.00 / 48.50
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
ENPH: Energize Your Investments with a Leading Solar CompanyOne key factor that makes ENPH an attractive investment opportunity is the rapid growth of the solar energy market. According to a report by the International Energy Agency, solar power is expected to become the largest source of electricity by 2035, with a projected compound annual growth rate (CAGR) of 18% from 2020 to 2025. As a leading provider of energy management systems, ENPH is well-positioned to benefit from this trend.
In addition, ENPH has a strong financial position. The company has consistently posted strong revenue growth over the past few years, with a revenue CAGR of 50.4% and 67.8% from 2015 to 2020. Furthermore, the company has a solid balance sheet with no long-term debt and a healthy cash reserve. This financial stability puts ENPH in a strong position to weather any potential economic downturns or market volatility.
Finally, ENPH has a strong track record of innovation and product development. The company has a robust research and development program and has consistently introduced new and innovative products to the market. This positions ENPH to stay ahead of its competitors and to maintain its position as a leader in the solar energy industry.
In summary, ENPH is a strong investment opportunity due to its position in the growing solar energy market, strong financial position, and track record of innovation and product development.
REXNORD : Target 200 % in 6 months Hello Traders!
I hope you are doing well.
In this chart as you can see price bounces each time it comes down to 50 ma band and gains momentum to give a good rally. This time again it seems that price is trying to bounce from the same moving average. So higher probability is that it'll give another rally for a huge target in a short period of time that is 3 to 6 months. Price shows trendline breakout. Risk is little and reward is huge in this trade, i.e. 1 : 8.
Target is more than 200 % as per my POM Advance Trading System
Entry can be taken at current market price.
Rest the chart explains everything.
👉This analysis is for educational purpose only.
Never Say Die Stock - "Data Patterns"Data Patterns is a vertically integrated defense and aerospace electronics solutions
provider catering to the indigenously developed defense products industry. The
company has proven in-house design & development capabilities and experience of
more than three decades in the defense and aerospace electronics space. They have clients like ISRO, DRDO & HAL etc. Reserves to Borrowing ratio is also attractive.
Source - Screener.in.
If it crosses 1440 level, it may give us a new high. This is a study purpose chart & NOT a By call or recommendation!
New Life Time High? - Linde IndiaLinde India stock is creating its move now. This story started unfolding when it crossed 5th Aug high on 16 Feb with rising volume. Current Hourly & 15 min TF looks promising. It'll be interesting to see whether it will cross it's old high of 4190 & create a new Life Time High in days to come.
General Motors continues in a trend of higher lows.General Motors Company - 30d expiry - We look to Buy at 33.55 (stop at 31.83)
Trend line support is located at 33.50.
A lower correction is expected.
We look to buy dips.
Prices expected to stall near trend line support.
This stock has seen good sales growth.
Expect trading to remain mixed and volatile.
Our profit targets will be 37.84 and 38.74
Resistance: 36.82 / 38.00 / 39.60
Support: 35.10 / 34.00 / 32.99
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
REC Ltd. Looking Good For a Long Term Investment.REC Limited is a Maharatna PSU under the Ministry of Power. Company business activities involve financing projects in the complete power sector value chain, be it generation, transmission or distribution. CMP- 117.10. Negatives aspect of the company is FIIs and MFs decreasing stake. Positives aspect of the company are zero promoter pledge, improving annual net profit and improving quarterly net profit. Entry in the stock can be taken after closing above 118 levels. The targets will be 120, 123 and 126. Long term target in the stock will be 128+. The stock is a long term investment idea. With a dividend yield of 10.1 at current market price. Stop loss should be maintained at Monthly closing below 104.
IRFC looking good for Long term. Indian Railway Finance Corporation is a schedule “A” public sector enterprise under the administrative control of the ministry of Railway, Government of India. Company has also been leading to various entities in Railway sector like Rail Vikas Nigam limited (RVNL), Railtel, Konkan Railway Corporation limited (KRCL), Pipavav Railway Corporation Limited (PRCL), etc. CMP – 27.95. Negatives aspect of the company are FIIs and MFs are decreasing stake. Positives aspect of the company are zero promoter pledge, improving annual net profit and improving quarterly net profit. Entry in the stock can be taken after closing above 28.3. The targets will be 29.5 and 30.9. Long term target in the stock will be 32 and 34+. The stock is a long term investment idea. With a dividend yield of 5.1 at current market price. Stop loss should be maintained at Monthly closing below 25.
Godrej consumer consolidation in intradayMarket sentiment are very nagetive stock traded in a range for the day if breakdown below 918 than targets of 902 can be seen and if stock breakout above 927 a quick target of 935 can be achieved but markets are very nagetive therefore short target should be made
Grindwell Looking for a Grand Breakout.Grindwell Norton Company has two types of business, Abrasives Business and Ceramics Business. In Abrasives business they manufacture a full range of bonded abrasives, coated abrasives (including non-woven Abrasives) and Super abrasives. In Ceramics business they manufacture refractory systems for high temperature, ballistics and wear application. CMP of the stock is 1878.40. Negatives of the company are high valuation (P.E. = 59) and MFs decreasing stake. Positives of the company are no debt, zero promoter pledge, improving annual net profit, improving quarterly net profit and FIIs are increasing stake. Entry in the stock can be taken after closing above 1900. Targets for will be 1960 and 2023. Long term target in the stock will be 2152 and 2189. Stop Loss in the stock can be kept at a closing below 1723 closing.
Analysis of OXY stock price breakout and potential continuation It appears that there has been a breakout of resistance at the level of 61.88 in the price of the stock of OXY.
This breakout could potentially lead to a continuation of the upward trend in the price, with a possible target
of 66.46. On the downside, there is a support level at 60.47, which could act as a barrier to further declines
in the price. Overall, it seems that the price of OXY may be in a bullish phase, as evidenced by the breakout
of resistance and the potential for further gains. However, as with any investment, there is always a degree
of uncertainty and risk involved, and it is important for investors to conduct thorough research and analysis
before making any decisions.
BCLI Brainstorm Cell Therapeutics Options Ahead Of EarningsLooking at the BCLI Brainstorm Cell Therapeutics options chain ahead of earnings , I would buy the $2 strike price Calls with
2023-8-18 expiration date for about
$0.50 premium.
If the options turn out to be profitable Before the earnings release, I would sell at least 50%.
Looking forward to read your opinion about it.
ARDX Strong upgrade from a top financial firmARDX Ardelyx is a biopharmaceutical company that discovers, develops, and commercializes medicines to treat gastrointestinal and cardiorenal therapeutic areas in the US and internationally.
On 3/2/2022 Jefferies Financial Group Upgraded ARDX from Hold to Buy raising the price target from $1.00 to $5.00
This would be a 581% gain from the current level.
Looking forward to read your opinion about it.
C Citigroup Medium term OptionsThis bank sell-off looks like a buy opportunity if you think medium to long term.
Looking at the C Citigroup options chain, I would buy the $45 strike price Calls with
2024-1-19 expiration date for about
$5.55 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion about it.
Investing in Zoom stock: Will You be Profiting Long-Term?Are you on the lookout for a solid investment opportunity in the current market? Look no further than Zoom Video Communications! Although media reports or rumours about a significant change in a company’s business prospects usually cause its stock to trend and lead to an immediate price change, certain fundamental factors always drive the buy-and-hold decision.
Zoom Video Communications stock company is reacting to a very strong monthly demand level located around $70 per share. There is a lot of profit for margin for this long-term buy opportunity of Zoom Video Communications shares. There is room for this tech stock to reach $250; it will need a few months, bu
Exmar NV - An Underpriced Cash Cow EXMAR held a Board of Directors meeting on March 28, 2023, to review the results for the year ending on December 31, 2022.
In 2022, EXMAR completed the sale of its floating liquefaction barge TANGO FLNG to Eni, and signed a 10-year charter agreement with Eni for EXCALIBUR, now fully owned by EXMAR. With the proceeds from the sale, EXMAR became net debt free. EXMAR also started generating charter income from the FSRU EEMSHAVEN LNG from August 2022. Additionally, the company ordered two innovative 46,000 m3 Midsize LPG/ammonia carriers with dual fuel LPG propulsion.
In March 2023, EXMAR announced that it had ordered two more innovative 46,000 m3 Midsize LPG/ammonia carriers, which can be powered by ammonia fuel. The company also reported the closing of the sale of the floating liquefaction barge TANGO FLNG to Eni, a 10-year charter agreement signed with Eni for EXCALIBUR, and becoming net debt free after receiving proceeds from the TANGO FLNG sale in August 2022. Additionally, EXMAR has started receiving charter income from FSRU EEMSHAVEN LNG since August 2022 and has sold and delivered the LPG carrier BASTOGNE, which was built in 2002.
The company reported consolidated results for December 31, 2022, and December 31, 2021. The revenue increased from $148.2 million in 2021 to $155.6 million in 2022. EBITDA also increased from $51.3 million in 2021 to $341.6 million in 2022. The operating result (EBIT) increased from $2.4 million in 2021 to $312.8 million in 2022. The net finance result was -$23.4 million in 2022, compared to -$10.6 million in 2021. The company had a result for the period of $320.3 million in both 2021 and 2022, with a group share of $320.3 million.
EXMAR provided an update on its fleet of gas carriers in its 2022 year-end review. The company's VLGCs and MGCs continued to perform well under their current contracts with Equinor, and the MGC market experienced a rate uplift due to increased LPG production, particularly in the USA. EXMAR sold and delivered the LPG carriers EUPEN and BASTOGNE, and signed newbuilding contracts for two innovative 46,000 m3 Midsize LPG/ammonia carriers with dual fuel LPG propulsion. In March 2023, the company ordered two additional 46,000 m3 Midsize LPG/ammonia carriers and is considering equipping them with dual fuel ammonia propulsion. EXMAR's pressurized fleet remained dedicated to well-established partners in Europe and Asia.
In 2022, EXMAR's Infrastructure segment revenue decreased by USD 12.3 million compared to the previous year due to the absence of charter income and early termination fee from the previous year. However, new contracts with Gasunie and Eni started delivering revenue in the second half and fourth quarter of 2022, respectively.
In March 2022, EXMAR secured a five-year charter agreement for its floating storage and regasification unit (FSRU) S188 with GASUNIE. As per the contractual stipulations, hire income began from mid-August 2022, and the FSRU S188, now renamed EEMSHAVEN LNG, started commercial operations in October 2022. In 2021, the EEMSHAVEN LNG had an impairment charge of USD 19.0 million due to its unemployment, but in 2022, the market significantly improved, and USD 18.3 million was reversed.
On 5 August 2022, EXMAR sold the shares of Export LNG Ltd, the owner of TANGO FLNG, to Eni for USD 646.7 million, positively impacting EBITDA and EBIT by a gain of USD 315.7 million. Eni plans to use the TANGO FLNG in the Republic of Congo and also agreed to a 10-year charter for a Floating Storage Unit (FSU) based on the conversion of an LNG carrier. EXMAR acquired the 50% share of the LNG carrier EXCALIBUR from joint venture partner SEAPEAK to fulfill this contract with Eni. These contracts with Eni have contributed to EXMAR's revenue and EBITDA since the fourth quarter of 2022.
EXMAR's accommodation and work barge NUNCE provided high-standard services to its customer offshore Angola, and its contract has been extended until May 2023. The accommodation and work barge WARIBOKO is available for new services.
EXMAR's engineering subsidiaries are seeing high utilization of project management and engineering services supporting various contracts for the development and implementation of different deep-water offshore developments, mainly in the Gulf of Mexico. Additionally, EXMAR concluded a contract with Eni for engineering services related to the Congo project.
Some key points from the financial information provided:
- As of December 31, 2022, EXMAR had a net financial debt of USD 105.2 million, compared to a net cash position of USD 492.0 million at the same time in 2021.
- The proceeds from the sale of Export LNG Ltd (which owned the TANGO FLNG) were used to partially repay the outstanding loan to Bank of China and to repay and terminate the Sequoia credit facility.
- The financial impact of the Gasunie and Eni contracts for EXMAR's Infrastructure segment started to be reflected in the company's revenue and EBITDA from the second half of 2022 and the fourth quarter of 2022, respectively.
"Dividend
The Board of Directors proposes to the General Meeting of Shareholders on 16 May 2023 to distribute a gross dividend of
EUR 1,0 per share. The net dividend amounts to UR 0,70 per share (after deduction of 30% withholding tax) .
Ex date : 22 May 2023 – Record date : 23 May 2023 – Pay date : 24 May 2023"
In this case, the proposed gross dividend per share is EUR 1.0. After deducting the 30% withholding tax, the net dividend per share is EUR 0.70.
So the dividend yield is:
(0.70 / 8.66) x 100% = 8.09%
Investing in a debtless company can be attractive because it indicates that the company has a strong financial position and may be less susceptible to financial difficulties. However, it's important to note that being debtless doesn't necessarily mean that a company is a good investment. There are other factors to consider such as the company's growth potential, profitability, competitive advantage, and management team. It's important to conduct thorough research and analysis before making any investment decisions.
Hopefully this summary provides a deeper understanding of where the company is heading in 2023!
VRAY ViewRay Oversold | Calls to BuyVRAY ViewRay went down due to market conditions on no particular news.
In fact, in a report released on Feb 28, Oppenheimer reiterated a Buy rating on VRAY Viewray, with a price target of $8.00.
The stock is now trading at $3.36, being extremely oversold, with the RSI at $16.92.
Looking at the options chain, I would buy the $4 strike price Calls with
2023-4-21 expiration date for about
$0.10 premium.
Looking forward to read your opinion about it.
LBTYA Liberty Global Strange Options ActivityI've noticed some strange options activity recently for LBTYA Liberty Global.
Based on the volume and big block orders, as well as technical analysis, i would buy the $20 strike price Calls with
2023-4-21 expiration date for about
$0.22 premium.
If the options turn out to be profitable Before the earnings release, I would sell at least 50%.
Looking forward to read your opinion about it.