Beststocks
ABB upside target 8700 If ABB stock sees a breakout above 8006, then there is a possibility of good bullishness in the upcoming sessions, if seen, the stock has formed an uptrend channel in the month of August and the stock price is following this trend channel. If all the indicators, trend lines are studied properly, then the stock will see a good rise ahead. If the stock follows this channel, then the stock can also see targets up to 8750.
BAL PHARMA - 3 YEARS OF SUPPLY ZONE BREAKOUT3 YEARS OF SUPPLY ZONE BREAKOUT STOCK FOR SWING TRADING
BUY PRICE : 140
SL : 107 (only for swing traders)
TARGET : 215 (52%)
Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
MGL Next Week Downside Target 1680MGL may see a downside trend next week, with the stock moving downwards with lower low formations on the daily chart frame. The stock is also down by 50% on the RSI indicator. The stock is also seen in a downtrend on our golden moving average, with a small stop loss that could lead to selling in the stock next week.
Strong Buy for ShortTerm TargetUgarStock made a Strong Higher high in Monthly and Weekly Timeframe., which confirms the uptrend on Higher Timeframe.
Stock came to previous ATH or Breakout Point., which is nothing but the Retracement point before the Upmove.
Buy the stock in proper dips with proper accumulation ratio ( Buy in parts )
Hold for Short to Long term Investment.
Have your own analysis for proper Risk management and Money Management.
Right time to Long (Datapattn)Must give space in your portfolio (10% to 20% in 20 days)
Why ?
Data Patterns (India) Ltd
ABOUT
Data Patterns (India) Limited is one of the fastest-growing companies in the Defence and Aerospace Electronics sector in India. It is among the few vertically integrated defence
and aerospace electronics solutions providers
catering to the indigenously developed defence products industry. It is focused on in-house development and manufacturing facilities led by innovation and design and development efforts. It is in the business for over 35 years. It has supplied products catering to all the platforms, viz., space, air, land and sea, including products for LCA-Tejas, LightUtility Helicopter, BrahMos missile.
KEY POINTS
Leading Defence Oriented Company
Data Patterns cater to the entire spectrum of defence and aerospace platforms like space, air, land, sea and under-sea. It has design capabilities across the entire spectrum of strategic aerospace and defence electronics solutions including processors, power, radio frequency and microwave equipment, embedded software and firmware and mechanical engineering.
Product Portfolio
Radars, Underwater electronics/communications/other systems, Electronic warfare suite, BrahMos programme, Avionics, small satellites, ATE for defence and aerospace systems, Commercial off-the-shelf (COTS). Leading product of the company is Radar with 54% contribution to the revenue.
Manufacturing Facilities
Company's manufacturing facility spans across 200,000 sq. ft factory built on 8.56 acres of land in Chennai. It has facilities for design, manufacturing, qualification, and life cycle support of electronic systems used in defence and aerospace applications. The facility has EMS assembly capacity of 600 boards/day.
The company has 1,130 employees with 700+ qualified engineers as on 31.3.23. They commissioned a New Manufacturing facility in Q4FY23.
On-Going Projects
The company is currently engaged in the supply of critical products to several prestigious defence projects in India, including the Light Combat Aircraft (LCA), the HAL Dhruv, Light Utility Helicopter (LUH) and the BrahMos missile programme, precision approach radars and various communications intelligence (COMINT) and electronic intelligence (ELINT) systems.
Key Customers
Bharat Electronics Ltd (BEL), Hindustan Aeronautics Limited (HAL), the Indian Space Research Organization (ISRO) and Defense Research and Development Organization (DRDO).
DRDO contributed 42% of the total turnover.
Dependent on GOI Entities
The company’s business is dependent on projects and programmes undertaken by GOI and associated entities such as defence public sector undertakings and government organisations involved in space research and Supply of products to prestigious defence projects in India Like LCA, the HAL Dhruv, LUH and the BrahMos missile programme. Data Patterns derives a significant portion (~45-50%) of its total sales from contracts with GOI entities.
Order Book
As of FY23, company's order book stood at Rs. 924.1 Cr. vs Rs. 476 Cr in FY22.In FY23, company had the highest-ever order inflow of Rs. 901 crores. The company got additional orders from April- May 2023 worth Rs 83.9 cr.
**Liquidity **
Company has Cash and cash equivalents
Rs.682.5 Cr as of 31.3.23.
IPO Details
In FY22, company raised 588 cr. through an IPO of which Rs. 240 cr. was a fresh issue and the remaining 348 cr. was an offer for sale. The IPO proceeds were utilized for:
1. Expanding manufacturing and testing facilities in Chennai and enhancing system integration facility.
Out of the total fund raised, 51.21 crores was unutilized as on March 31, 2023.
Investment through QIP in FY23
Company is making large investments in product development in Satellite, Radar, Electronic Warfare and Communications. It has raised further funds of Rs 500 Cr. through QIP for development of these products. Initially, these products will be introduced in the domestic market.The Company has issued and allotted 4,097,319 equity shares through QIP at an issue price of Rs.1,220.31/- on March 13, 2023. Out of the proceeds, Rs.462.73 crs is unutilized as on March 31, 2023.
Change in Statutory Auditors
Deloitte Haskins & Sells LLP were appointed as the statutory auditors in place of M/s. R.G.N. Price & Co. Fees for FY24 was decided at Rs47 lakhs exclusive of taxes and other expenses.
CAPEX FY23
Company added Rs. 74.47 Crores to their gross block with capital expenditure, including Right to the Assets (ROU) of Rs.47.22 Crores on building & lease, Rs.10.77 Crores on technology infra, Rs.16.48 Crores on physical infra and the balance Rs.1.03 Crores on intangible asset addition.
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GMDC LTD for Swing / Positional GMDC LTD Prediction for Swing / Positional Trading
First breakout at Entry 1 level. Second breakout at Entry 2 Level above 228. This entry 2 may be retest. you can entry now and more buy on retesting. Volume also supports the breakout.
SLs- 208, 185
Targets- 270,350,485,700,…
Intermediate Targets - 239,249,259,269,279,290,300,320,340,360,372,383,402,435,445,495,505,515,535,548,570,…….
According to your “STOMACH” book your profit. Always maintain your risk management.
Watch Carefully – The Chart Explains For Itself.
Can anyone tell me which chat patterns are shown up here?
Disclaimer:
I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
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Happy trading. Always maintain your Risk Management.
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About GMDC-
Gujarat Mineral Development Corp. Ltd. (GMDC LTD) engages in the development of mineral resources. The firm operates through Mining and Power segments. Its products include lignite, bauxite, fluorspar, manganese, silica sand, limestone, bentonite, and ball clay. The company was founded on May 15, 1963 and is headquartered in Ahmedabad, India.
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Norway NasaOnly for ballers. If you looking long term, this shares are the ones you retire for good.
Incredible potential, infinite upside, is to buy now or get the f..k out from trading.
Make your math, your chart, your analysis or whatever you want, this is it.
This is the stock you been waiting all your life.
This is my personal opinion, not an advice.
Be smart, get a % from Norwegian taxpayers for life :)
S&P 500 ( BEST Buying Area ) LONGSince we are facing a supposed Crisis, we are going to try to analyze which zones can be the best buying zones for the S&P500 and be prepared to be able to buy Shares, participations in the S&P500, etc. when the time comes.
We can see that by technical analysis, we are in an uptrend for years. The Fundamental supports are:
- 3194 : Represents the 61% Fibo of the last impulse from COVID19 + Bottom of the Channel.
- Between 2508 and 2185 : ( Zone ) Institutional Support + 61% Fibo of ALL the impulse since 2009.
- 1863 : Last Zone of Institutional Support.
- In case of a break of 1863 the next zone would be between 800 and 700 ( it would be an extreme Chaos )
All these scenarios are possible, although each point mentioned above is less likely one than the other to happen, but you always have to have a broad view of the market.
- The first buy signal to watch for is the monthly RSI. When it reaches the Low levels and we observe a Reversal in the indicator, it has always been the best buying point.
- The next buy signal to watch for are the above mentioned points. The price must converge at the same time in the zones mentioned above. We do not know exactly what point the price will reach, but we do know where we should look.
Once the two scenarios happen, we can prepare to BUY a good amount of Stocks or the S&P500 itself.
These are scenarios that happen very few times in life, we must take advantage of them. In 50 years as we can see we have had 3 equal opportunities that we can live again, from the first opportunity we had 28 years passed until we could have a new similar purchase signal, then 7 years passed until the next signal, and this time ? we are still waiting, 13 years have passed since the last opportunity, but it seems that we are closer to a new golden opportunity ... . Therefore, it is essential to have sufficient liquidity.
Good luck
Stocks To Watch This WeekMany names are holding up well in this market. Get a pen and paper because I go quickly and make the trade your own.. These names have shown good relative strength and accumulation volume and most are in the growth sector. This may give good risk/reward entries on some of the best names. Some of these charts still need to confirm their price action. This video is my watchlist. Most of these names are at or near all time highs or multi year highs. There are 25 total stocks on this list Many of these have IPO'd in the last few years and still have a growth story ahead of them. Know your time frame and risk tolerance. Know your earnings dates! I go through these quickly so grab a pencil and paper and jot down the names that look interesting to you and then make the trade your own. Good Luck!
Stocks To Watch This WeekWeekly charts showing what is working in the market. I show the ETF first and them some strong names in the group. Get a pen and paper because I go quickly and make the trade your own.. These names have shown good relative strength and accumulation volume and most are in the growth sector. This may give good risk/reward entries on some of the best names. Some of these charts still need to confirm their price action. This video is my watchlist. Most of these names are at or near all time highs or multi year highs. There are 35 total stocks on this list Many of these have IPO'd in the last few years and still have a growth story ahead of them. Know your time frame and risk tolerance. Know your earnings dates! I go through these quickly so grab a pencil and paper and jot down the names that look interesting to you and then make the trade your own. Good Luck!
Stocks To Watch This WeekWeekly charts showing what is working in the market. I show the ETF first and them some strong names in the group. Get a pen and paper because I go quickly and make the trade your own.. These names have shown good relative strength and accumulation volume and most are in the growth sector. This may give good risk/reward entries on some of the best names. Some of these charts still need to confirm their price action. This video is my watchlist. Most of these names are at or near all time highs or multi year highs. There are 35 total stocks on this list Many of these have IPO'd in the last few years and still have a growth story ahead of them. Know your time frame and risk tolerance. Know your earnings dates! I go through these quickly so grab a pencil and paper and jot down the names that look interesting to you and then make the trade your own. Good Luck!