Plan for 13th May 2024 Nifty future and banknifty future analysis and intraday plan in kannada.
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please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
Stockstowatch
Consistent Compounder, Portfolio Stock looking to rise ITC.ITC Ltd. operates as a holding company, which engages in the manufacturing and trading of consumer products. It operates through the following segments: Fast Moving Consumer Goods (FMCG) Cigarettes; FMCG Others; Hotels; Paperboards, Paper and Packaging, and Agri Business. The FMCG Cigarettes segment markets and sells tobacco and cigars. The FMCG Others segment distributes packaged foods, clothes, school and office supplies, safety matched, agarbattis, and personal care products.
The Hotels segment manages and operates hotel and restaurant chains. The Paperboards, Paper and Packaging segment produces and supplies specialty boards, graphic boards, and printing papers. The Agri Business segment exports feed ingredients, food grains, processed fruits, coffee, and seafood. There is an active news of demerger of FMCG and Hotel business which can be favorable for the stock.
It is a high Dividend yield stock with dividend yield at CMP being 3.6%. CMP of the stock is Rs. 433.4. The Negative aspects of the company are high valuation PE(26.4). Positive aspects of the company are strong cash flow from operations, MFs and FIIs increasing stake, growth in revenue and profits and Its being a company with Low Debt.
Entry can be taken after closing above 437. Targets in the stock will be 446, 453 and 465. Closing above 466 will activate long term targets of 471, 490 and 499+. Stop loss in the stock should be maintained at Closing below 424 or 400 depending on your risk taking ability.
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
Expensive stock with high probability of breakout 360One WAM 360 One Wam Ltd. engages in the provision of financial services. It offers wealth brokerage and advisory, lending solutions, and estate planning. It operates through the Wealth Management and Asset Management segments.
The Wealth Management segment comprises distribution of financial products, advisory, equity and debt broking, estate planning and managing financial products essentially in the nature of advisory.
The Asset Management segment generally comprises management of pooled funds under various products and structures such as mutual funds, alternative asset funds, portfolio management and related activities.
CMP of the stock is 748.40. The Negative aspects of the company are high debts, MFs decreasing stake, high promoter stock pledging and expensive valuation PE(33.4). The company's Positive aspects are good EPS growth, increasing profits and revenue and FIIs increasing stake.
Entry can be taken after closing above 764. Further consolidation can be done after closing above 800. Targets in the stock will be 822, 848 and 871. The long-term target in the stock will be 900+. Stop loss in the stock should be maintained at Closing below 714 or 648 depending on your risk taking ability.
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
Review and plan for 8th May 2024Nifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
Review and plan for 8th May 2024Nifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
Jyothy labs can spread ujala after long period of consolidation.Jyothy Labs Ltd. is a holding company, which engages in the manufacture and sale of fabric care, mosquito repellent, surface cleaning, personal care, and incense sticks products. It operates through the following segments: Dishwashing, Fabric Care, Household Insecticides, Personal Care, Laundry Services, and Others.
Jyothy Labs Ltd. CMP is 456.55. The company's Positive aspects are Mutual Funds Increased Shareholding, Consistent Highest Return Stocks over Five Years, Company with No Debt, Company with Zero Promoter Pledge, FII / FPI or Institutions increasing their shareholding, MFs increased their shareholding last quarter and Stocks with High Durability and EPS growth. The Negative aspects of the company are High Valuation (P.E.=47.9), Expensive Performers and Decline in Net Profit with falling Profit Margin.
Entry can be taken after closing above 459. Targets in the stock will be 492 and 516. The long-term target in the stock will be 535 and 552+. Stop loss in the stock should be maintained at Closing below 372.
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
Khadim may shine like new leather shoeKhadim India Ltd. engages in the selling and distribution of footwear. The firm offers boots, flip-flop, sandals, shoes, slippers and sneakers for men, women and kids. It also offers accessories, including belt, card holder, combo box, cross body bag, note case, wallet, hand bag, clutch bag, shoulder bag and sling bag. The Company is the second largest footwear retailer in India in terms of number of exclusive retail stores operating under the Khadim's brand.
CMP of the stock is 362.50. The company's Positive aspects are Company with Zero Promoter Pledge, FII / FPI or Institutions increasing their shareholding, Annual Net Profits improving for last 2 years, Annual Profit Growth higher than Sector Profit Growth, Promoters increasing shareholding . The Negative aspects of the company are High Valuation (P.E.=68.9), MFs decreased their shareholding last quarter, Major fall in TTM Net Profit and De-growth in Revenue and Profit .
Entry can be taken after closing above 370. Targets in the stock will be 385. The long-term target in the stock will be 402, 415 and 425. Stop loss in the stock should be maintained at Closing below 310.
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
Review and plan for 7th May 2024 Nifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
Shree Cement looking strong on charts supported by volumesShree Cement Ltd. engages in the manufacturing of cement and cement-related products. The company's brand names include Shree Ultra, Bangur, and Rock Strong. The firm's products include: Ordinary Portland Cement, Portland Pozzolona Cement, Portland Slag Cement, and Composite Cement.
CMP of the stock is Rs.25746.55. The Negative aspects of the company are Companies with growing costs YoY for long term projects , High PE (PE > 40), MFs decreased their shareholding last quarter and Declining cash from operations annual. The company's Positive aspects are No debt, Zero promoter pledge, Improving annual net profit.
Entry can be taken after closing above 25835. Targets in the stock will be 26000, 26733 and 27283. The long-term target in the stock will be 28317, 29210 and 30754. Stop loss in the stock should be maintained at Closing below 23767.
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
RBA striving for making a come back. Restaurant Brands Asia Limited was originally incorporated as Burger King India Private Limited on November 11, 2013 at Mumbai. Subsequently, the Company converted into a Public Limited Company and name of the Company was changed to Burger King India Limited on September 25, 2019. Thereafter, name of the Company was changed from "Burger King India Limited" to "Restaurant Brands Asia Limited". The Company is engaged in the business of Quick Service Restaurants under the brand name of "Burger King" and is presently a subsidiary of QSR Asia Pte.Ltd. The Burger King brand is the second largest fast food burger brand globally as measured by the total number of restaurants, with a global network of over 18,000 restaurants in more than 100 countries.
CMP of the stock is Rs. 105.10. The Negative aspects of the company are Companies not able to generate net cash, MFs decreased their shareholding last quarter and High Interest Payments Compared to Earnings. The company's Positive aspects are Stock with Low PE (PE < = 10), Highest FII stock holdings, Company with Zero Promoter Pledge and Company with Low Debt.
Entry can be taken after closing above 107. compounding can be done after closing above 111. Targets in the stock will be 118 and 123. The long-term target in the stock will be 129 and 134. Stop loss in the stock should be maintained at Closing below 95.
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
Apple: "Buy the dip " in short term?Hi Traders!
On the daily time frame NASDAQ:AAPL has completed an important bullish structure and it is currently working on a corrective structure on the intraday chart. That said, in our view, Apple will trigger a bullish corrective structure in the near term, with ABC Pattern or a harmonic structure. With this in mind, our view is bullish with “Buy The Dip” with Target 1 around 180 area.
Trade with care
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#SARDAENProduct Portfolio
The Co. offers a wide range of products that include Wires Rods, HB Wires, Ferro Alloys, Pellets, Sponge Iron, and Billets.
Ongoing Capex Projects
Minerals: 1 Gare Palma IV/7 Coal Mine Chhattisgarh: Capacity enhanced from 1.2 MTPA to 1.44 MTPA in May-23, and increasing further to 1.68 MTPA in FY24 and seeking approvals for enhancement to 5.2 MTPA which will be carried out in phases. Also, setting up dedicated Railway Siding for more efficient coal transportation.
2 Coal Washery: Capacity expansion from 0.96 MTPA to 1.8 MTPA is under process.
3 Shahpur West Coal Mine : Extractable reserves of 13.4 MT and Production capacity of 0.6 MTPA – EC, CTE and Stage 1 Forest clearance received.
4 Surjagad 1 unexplored Iron Ore Block in Maharashtra: Declared as Preferred Bidder with 126.35% revenue share in May-23.
Energy
1 Hydro Power: 24.9 MW plant on the Rehar river in Chhattisgarh - construction has started; Expected to achieve CoD in FY25.
2 Solar Power: 50 MW plant to be installed at Chhattisgarh facility for captive consumption, replacing costly grid power; Contract awarded
Steel :
1 Wire Rod Mill: Received consent for capacity expansion from 180,000 MT to 250,000 MT, in FY23.
2 Iron Ore Pellet Plant: Received consent for capacity expansion from 8,00,000 tonnes p.a to 9,00,000 tonnes p.a., on 22-Dec-23.
Waste :
1 Setting up a new project for manufacturing Mineral Fibre with an estimated outlay of Rs. 70 Crores. The project is expected to be
operational by FY25.
Review and plan for 3rd May 2024Nifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
Review and plan for 2nd May 2024Nifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
Trying to move and rediscover old gloryPiramal Enterprises Ltd engages in the business of pharmaceuticals and provision of financial services. It operates through the following segments: Pharmaceuticals Manufacturing and Services, Financial Services, and Healthcare Insights and Analytics. In 2011 it saw Fortune 500 ranking Piramal Healthcare in the top-50 largest corporations across India.
Piramal Enterprises Ltd CMP is 925.75. The Negative aspects of the company are High Valuation negative PE (P.E. = -10.30), Declining cash from operations annual and FIIs are decreasing stake. The positive aspects of the company are Low debt, zero promoter pledge, MFs are increasing stake and improving annual net profit.
Entry after closing above 932. Targets in the stock will be 971, 1010 and 1055. Long term targets in the stock will be 1085 and 1138. Stop loss in the stock should be maintained at closing below 848.
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
Affle can become apple of investor's eyeAffle engages in the provision of mobile advertisement services. The platform aims to enhance returns on marketing investment through contextual mobile ads and also by reducing digital ad fraud. Affle powers unique and integrated consumer journeys for marketers to drive high ROI, measurable outcome-led advertising across global connected devices.
Affle Ltd CMP is 1105.40. The Negative aspects of the company are High Valuation (P.E. = 59.90) and Promoter Holding decreasing. The positive aspects of the company are No debt, zero promoter pledge, FIIs are increasing stake, MFs are increasing stake, improving annual net profit and improving cash from operations annual.
Entry after closing above 1143. Targets in the stock will be 1168, 1200 and 1238. Long term targets in the stock will be 1267, 1283, 1306 and 1338. Stop loss in the stock should be maintained at closing below 1000 or 1061.
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
Curious case of Kotak Bank. What to do now? Investment is always a long term game. Even the best of the companies can have issues with governance, operations, supply chain and demand. We need patience, perseverance and persistency sometimes. Avoid being impulsive, hasty and emotional and impetuous in this journey to create generational wealth and achieve financial freedom.
With my limited knowledge I will try to give my honest assessment on the curious case of Kotak bank. Let us all try to arrive at our own logical conclusion without considering this article as a prophesy to buy or sell the stock.
My observations tell me and I might be wrong but it is obvious RBI does not have a problem with asset quality of Kotak bank. Neither is there any complex issue related to compliance and probably organizational ethics. NPAs will be known soon (3rd May Quarterly Result) but I assume with prejudice and bit of bias it will neither be a major issue.
Then what is the issue? It seems the issues are related to cyber security, data of clients and lethargy with compliances related to digital growth in foot print. Yes things might be pretty nasty here considering the wrath with which RBI came down on them.
So my logical assessment tells me that fundamentally it might not be a major worry. So there are further questions:
Will they have to spend a lot in cybersecurity etc?
Yes.
Can it effect top line growth?
Yes.
Can it hamper the growth of the bank for few quarter or more?
Yes.
Will I be selling the stock I hold?
Probably not unless they hit my predetermined stop loss.
Will I buy Kotak bank right now as it has fallen more than Rs.200 and is at mouthwatering levels?
No. Not right now.
Why not?
Because we do not catch a falling knife. We will catch the bouncing ball.
What does the chart of Kotak Mahindra Bank say?
The Zone between 1602 and 1534 has potential to provide a strong support. If 1534 is broken on weekly closing. We may see new multi-year lows of 1504 or even 1400 (As of now). 1640, 1672, 1700 and 1721 will be very tough resistances to cross. This is what my analysis of chart says. Do not take it as a buy or sell call. Take a wise descision before giving a knee jerk reaction and selling in hurry or panic. One good quarter and things can be back to normal. I personally hold Kotak bank currently in my portfolio. I may rethink my further call to action if 1534 or 1504 are broken as of now I might not sell this stock. I may add on bounce at an opportune time.
Disclaimer: Investment in stocks, derivatives and mutual funds is subject to market risks, please consult your investment advisor before taking financial decisions. The data provided above is for the purpose of analysis and is purely educational in nature. The names of the stocks or index levels of spot Nifty mentioned in the article are for the purpose of education and analysis only. Purpose of this article is educational. Please do not consider this as a recommendation of any sorts.
NMDC :: Iron Ore Rebounds?NSE:NMDC
- Script sees a breach of Monthly Bearish GPZ alongside Quarterly Bearish GPZ making it a "HOT PIVOT LEVEL" to keep on radar!
- Money Zones are marked alongside in 3 different shades as per the analysis from FUNDFLUX .
- This "Pivot & Price" action is been seen as iron ore prices have rebounded after 2weeks of down-fall and are further expected to rise on the hope of rate cuts from the West and fresh stimulus from China.
- If the trajectory remains strong supported by the anticipated news that this script can see a potential upside of 15-30% on upper levels of 255/280/310.
News Article is provided below -
www.moneycontrol.com
Kokuyo Camlin looks like breaking a trendline resistance. Kokuyo Camiln were a single product company when started. Today company have achieved have over 2000 innovative products. Which is why Camel and Camlin are the most recognized stationery and art brand in India. Kokuyo Camlin Ltd. engages in the manufacture and market of stationery and education related products. Its stationery product portfolio includes art materials, artist colours, and marker pens. Kokuyo Camiln Ltd CMP is 140.35.
The Negative aspects of the company are High Valuation (P.E. = 33.40) and FIIs are decreasing stake. The positive aspects of the company are No debt, zero promoter pledge, improving annual net profit and improving cash from operations annual.
Entry after closing above 144. Targets in the stock will be 155, 160 and 165. Long term targets in the stock will be 172 and 179. Stop loss in the stock should be maintained at closing below 127.
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
Gufic can make moves terrificGufic Biosciences Ltd. company was founded on July 23, 1984 and is headquartered in Mumbai, India is engaged in the manufacture of pharmaceuticals, medicinal chemicals and botanical products. It operates through the following geographical segments: India, Africa, Asia, Europe, North America, Australia and South America.
The Negative aspects of the company are High Valuation (P.E. = 38.20), Declining annual net profit, declining cash from operations annual and FIIs are decreasing stake. The positive aspects of the company are Low debt, Zero promoter pledge, MFs are increasing stake and Promoter holding increasing.
Entry after closing above 325. Targets in the stock will be 336 and 344. Long term targets in the stock will be 357 and 365. Stop loss in the stock should be maintained at closing below 292.
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
Endurance seems to have endured downside now looking good. Endurance Technologies Limited engages in the manufacture of two-wheeler and three-wheeler automotive components. It offers Aluminium die castings, suspension, transmission and brake systems products. The company was founded by Anurag Jain in November 1985 and is headquartered in Aurangabad, India. CMP of Endurance Technologies is 1878.50.
The positive aspects of the company are Company with Low Debt, Strong cash generating ability from core business - Improving Cash Flow from operation for last 2 years, Company with Zero Promoter Pledge, FII / FPI or Institutions increasing their shareholding. The Negative aspects of the company are High PE (P.E.= 43.5), Increasing Trend in Non-Core Income, Companies with high market cap, lower public shareholding, MFs decreased their shareholding last quarter.
Entry can be taken after closing above 1887. Targets in the stock will be 1945 and 2009. The long-term target in the stock will be 2069 and 2111+. Stop loss in the stock should be maintained at Closing below 1783 or 1727 depending on your risk taking ability.
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
Ador Welding looking good for a bounce back. Ador Welding Ltd. is a holding company, which engages in the manufacture and sale of welding equipment. It operates through the following segments: Consumables, Equipment and Automation, and Flares and Process Equipment Division. The Consumables segment comprises of electrodes, wires, agency items related to consumables from Silvassa, Raipur, and Chennai plant. The Equipment and Automation segment includes equipment, spares, cutting products and agency items from Chinchwad plant.
Ador Welding Ltd. CMP is 1462.35. The Negative aspects of the company are High Valuation (P.E. = 23.1) and declining cash flow. The positive aspects of the company are increasing annual net profit, no debt, zero promoter pledge, MFs are increasing stake.
Entry can be taken after closing above 1479. Targets in the stock will be 1539 and 1590. The long-term target in the stock will be 1660. Stop loss in the stock should be maintained at Closing below 1337.
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.