Asian Paints and Correlation between real estatefundamental logic-
Any construction need painting even if realestate becomes dull if they want to sell old building they repaint
if for marriage and functions people re-paint
even we can see schools and colleges also time to time they repiant so consolidation of price will not be much longer and there is high probability that it can see upward rally
technically-
We can see price is range bound
and can seen as channel below med line its a buy zone above mid line is hold zone above top line can see a good rally
simply 2600-3000 can sip and can keep adding
aboce 3000-3400 can hold
above 3400 hold still it breaks 200 day Moving average
disclaimer- this is not any investment call or idea , this just my view and it can go wrong ,this is only for educational purposes trade at your own risk
Rectangle
200 DMA Gives excellent support Adani energy Has good consolidation actullay there is Darvax box
or parllel channel can be drawn on chart but will make it look messy so kept the chart plain and simple 200 dma itself is acting as lower channel
best price to buy near to 200 dma
disclaimer- this is not any investment call or idea , this just my view and it can go wrong ,this is only for educational purposes trade at your own risk
IDBI BANK - BREAKOUT WITH HEAVY VOLUMEHi All,
This idea is about IDBI Bank Ltd
Price action has given a strong breakout with very heavy volume which indicates institutional buying. Even the shareholding pattern indicates increase in FII and DII buying with lesser retail participation
Good profit growth of 19% CAGR over last 5 years with a healthy dividend payout of 19%
Increase in Reserves which indicates higher Book Value and fairly valued at 17.8 PE
Other fundamentals
Market Cap
₹ 1,12,062 Cr.
Current Price
₹ 104
High / Low
₹ 107 / 57.8
Stock P/E
17.8
Book Value
₹ 47.5
Dividend Yield
1.44 %
ROCE
6.23 %
ROE
11.8 %
Face Value
₹ 10.0
Equity capital
₹ 10,752 Cr.
No. Eq. Shares
1,075
EPS
₹ 5.85
Promoter holding
94.7 %
Change in Prom Hold
0.00 %
Chg in Prom Hold 3Yr
0.00 %
Pledged percentage
0.00 %
Market Cap to Sales
4.27
Sales growth
15.1 %
PEG Ratio
0.94
EVEBITDA
17.4
Quick ratio
2.23
Trade receivables
₹ 0.00 Cr.
Sales
₹ 26,252 Cr.
Debt to equity
5.77
Price to book value
2.19
Free Cash Flow
₹ -1,448 Cr.
CMP / FCF
783
Happy Investing!
Thanks,
Stock-n-Shine
Balkrishna Industries Long way to goAmong the tyres, I always love Balkrishna Industries. I held it during 2018 and for few years later.. One of the fine exporters of tyres with large no:of SKUs. Look at the quarterly chart. Price is at the bottom of the channel. Breakout retested. Higher low has formed. Looking good for long term.
Disclaimer: No recommendation.
Marico - Cup & Handle & Rectangle PatternMarico is making a cup and handle & a rectangle pattern on weekly time frame. Once breakout is done, we can see levels of 760-800. Keep monitoring and once breakout is done, we can see quick moves given FMCG sector is go-to sector now. Other factors:
1. Volumes have increased substantially, pls see weekly volumes
2. RSI is above 60
3. MACD is becoming positive
4. On breakout the price will break Oct'21 price, price breaking out of a long drawn structure has high potential
"Clean Charts, Easy Charts"
Learning & Earning !!!
Cheers!!
Apollo Tyres : Breakout Candidate#apollotyre #breakout #swingtrade
Apollo Tyre : Swing Trade
>> Breakout candidate
>> Trending setup
>> Good Volumes & Strength
>> Low Risk High Reward Trade
Swing Traders can lock profit at 10% and keep trailing
Please give a Boost or comment if u r Liking the analysis & Learning from it. Keep showing ur Love by following
Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
India Glycol : Breakout Stock#Indiaglyco #breakoustock #momentumpick
India Glycol : Swing Trade
>> Trending Setup
>> Breakout & Retest done
>> Good Strength & Volumes
>> Decent Valuation stock
Swing Traders can lock profit at 10% and keep trailing
Please give a Boost or comment if u r Liking the analysis & Learning from it. Keep showing ur Love by following
Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
CANTABIL : Breakout Stock#cantabil #breakoutstock #rangebreakout #trendingstock #Momentum
CANTABIL : (Short term: 1-3 Months)
>> Range Breakout
>> Momentum Stock Pick
>> Trending setup
>> Good Strength & Volumes
>> Risk Reward Favorable
Swing Traders can Lock profit at 10% and keep trailing
Please give a Boost or comment if u r Liking the analysis & Learning from it. Keep showing ur Love by following
Disclaimer : This is not a Trade Recommendations & Charts/Stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
ADSL - BREAKOUT AND A 2X CANDIDATE BASED ON FUNDAMENTALSHi All,
This idea is about Allied Digital Services Ltd
Mkt Cap - 1204 Cr
Stock PE - 26
Mcap/Sales - 1.75
As per mgmt concal transcript, revenue guidance of 1000Cr in FY25/26
Assuming NPM at 8%, this could take the mktcap to 2200Cr easily which wud appreciate the stock price towards levels of 400
Technically also its a healthy breakout with expanding Moving averages after tight consolidation. Volume is extremely good to support further price action
Happy Trading,
Thanks,
Stock-n-Shine
India Glycol : Breakout Stock#Indiaglyco #Swingtrade #breakout #trading
India Glycol : Breakout Stock
>> Trending Setup
>> Breakout & Retest done
>> Good Strength & Volumes
>> Decent Valuation stock
Swing Traders can lock profit at 10% and keep trailing
Please give a Boost or comment if u r Liking the analysis & Learning from it. Keep showing ur Love by following
Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
GPPL - STAGE 2 ADVANCE IN PROGRESS WITH STRONG SECTORAL WINDSHi All,
This idea is about Gujarat Pipavav Port Ltd
Fundamentals
Mkt Cap - 11k Cr
MCap/Sales - 11.6
P/BV - 4.95
EPS - 7
PEG - 3
Technicals
Price action has formed 2 bases of nearly 25% contraction/expansion each along with Stage 1 advance of 20%. Shipping sector is buzzing right now & the price action has successfully broken out of base 2 advancing to Stage 2
Base is nothing else but Box breakouts
Happy Trading,
Thanks,
Stock-n-Shine
WELCORP - CLEAN BREAKOUT OUT OF DARVAS BOXHi All,
This idea is about Welspun Corp Ltd
FUNDAMENTALS
Mkt Cap - 17161 Cr
Mkt Cap/Sales - 0.99
P/E - 15.5
P/BV - 3
FCF - 1022 Cr
D/E - 0.35
Promoter increase thr stake by 0.18%
ROE - 21%
ROCE - 21.6%
Technicals
Price has been consolidating within a range of 25% and has now given a decisive breakout above the supply zone. There was a mid resistance as well which was broken with good volumes
Hope you have a profitable trade,
Thanks,
Stock-n-Shine
Man Industries : Breakout Candidate
#Maninds : #Breakout Candidate
>> Range Breakout + Retest done
>> Decent Valuation Stock
>> Trending Setup
>> Flag Structure Visible
>> Low Risk High Reward Trade
Swing Traders can Lock profit at 10% and keep trailing
Please give a Boost or comment if u r Liking the analysis & Learning from it. Keep showing ur Love by following
Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.






















