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Sensex

INDUSINDBK - BREAKOUT WILL LIKELY AMPLIFY FALL#INDUSINDBK Positional and Intraday trading opportunity. CMP 1485 Short at 1465-1468 Stop for intraday 1490 Stop for positional / swing 1525 Target Open. Logic : 1) Bearish trend template (daily chart)- Filter 1 2) Downward sloping daily pivotzones (5 min chart) and close below 375 period moving average of daily pivot zones (5 min chart) - Filter 2. 3) Price currently resting close to support level of 1472 (Rs 4-7 cushion kept for avoiding entry during fake breakouts) with a nice contraction in price and volume.
NSE:INDUSINDBKShort
by scorpiomanoj
BIRLACABLE - A BUY CANDIDATE#MK #BIRLACABLE cmp 197 Long suggested above 205. Stop once long activated - 185. Logic Stock in a strong uptrend and passes trend template (MM). (indicated by 1s in the chart display text) Stock is currently in consolidation pattern and a possible volatility contraction pattern formation is taking place which will be confirmed once it breaksout of 205 zone. Hence ideal buy zone is around 205. Fundamental logic Fundamentals very strong with triple digit growth in the last 4-5 quarters. Debt equity 0.37 Promoter holding 66% CONCERN: Only major concern is very high trade receivables, as a result of which Operating cash flow for Mar 2018 is negative. In other words profits shown in Mar 2018 include accrued revenue and not fully realised revenue. Trade receivables is almost at the same level in sep 2018. Consolation is historically trade receivables have been at elevated levels and stock has been performing. SO, DO NOT VIOLATE STOP LOSS.
NSE:BIRLACABLELong
by scorpiomanoj
TEAMLEASE - A potential long candidate#MK #TEAMLEASE CMP 2837 Long suggested ONLY above 3075. Stop once long activated at 2700. Logic: Stock qualifies the trend template (1. stock above 30 week and 40 week ema 2. 30 week ema above 40 weeek ema 3.200day ema trending up for atleast 1 month. 4. 10 week ema above 30 week and 40 week ema. 5. stock above 50 day ema. 6. stock atleast 30% above its 52 week low (45%) Higher the better. 7. stock within 25% of its 52 week high.(14%). 8. relative strength ranking is not less than 70, preferably in 80s or 90s (84) ) Stock has formed a Cup and cheat (3C) pattern. `Cheat' consolidation appears to be in progress. Ideal buy point is if the stock breaks above the cheat zone which is 3075. Fundamentals: NP and Sales in double digit yoy growth over the last 3-4 quarters. Zero debt. Promoter holding 41%.
NSE:TEAMLEASELong
by scorpiomanoj
IOLCP - A POSSIBLE UPMOVE AHEADIOLCP CMP 173 Long suggested above 180. Stop once long activated 160. Target Open. Stock has been witnessing strong buying at every correction with good volumes Stock has formed a sort of reverse H & S pattern. Stock has been hovering above the monthly pivot zone. A breakout above 180 will confirm momentum for further upside. Strong fundamentals Narration Quarterly YoY growth Jun-17 Sep-17 Dec-17 Mar-18 Jun-18 Sep-18 Sales 32.92% 26.36% 43.52% 48.75% 68.06% 94.18% Operating profit 2.95% 15.57% 27.62% 23.41% 52.35% 158.08% Net profit 319.72% 366.32% 771.29% 474.50% 383.56% 766.82% npm 0.35% 0.65% 1.32% 0.65% -0.01% 5.10% Narration Annual growth Mar-13 Mar-14 Mar-15 Mar-16 Mar-17 Mar-18 Sales 2.30% 17.03% -31.73% 50.87% 22.44% 38.37% Operating Profit 29.33% 7.50% -88.25% 357.33% 98.91% 21.66% Net profit -66.60% 107.55% -2119.70% -39.94% -111.67% 493.15% Price to earning 39.27 18.20 (2.57) (11.77) 80.10 19.59 Price -3.72% -12.71% 72.64% 132.92% -20.59% 45.09% npm -0.68% 0.26% -17.91% 10.43% 7.55% 2.16% Price 23.88 20.84 35.98 83.81 66.55 96.56
NSE:IOLCPLong
by scorpiomanoj
NATIONAL PEROXIDE - A POSSIBLE HIGH PROBABILITY MULTIBAGGER4360 long suggested above 4600 Technicale rationale : VCP in progress accompanied with volume contraction. Possible expansion in coming trading days. Price resting at support , quarterly pivot zone. A break above 4600-4675 zone confirms the completion of vcp breakout. stop suggested at 4100 once long activated. Fundamental rationale: Fundamentals dec 17 / mar 18 / june 18 / sep 18 Sales growth 30.85% 58.64% 53.70% 94.69% Op. Profit growth 139.28% 247.50% 134.36% 199.18% Net Profit growth 162.94% 621.66% 137.10% 192.74% Operating profit margin 45% 59% 62% 65% Operating cash flow YoY annual growth (mar 2018) 59% Debt to Equity : Nil Promoter holding : 70%
NLong
by scorpiomanoj
2
Indian Stock Market Outlook for 2018 The two-year bull run of Indian stock market since March 2016 is due for a breather. Sensex touched a new all-time high of 36443 on January 29, 2018, ushering new euphoria amongst people. Markets do not go straight up or down, they do so in steps. We are expecting a step-down 2018 for 90% of Indian equities. And we do not expect the new highs to be taken out for the better half of 2019.The reason for a bearish outlook for Indian markets for us is purely technical. We do not try to link fundamentals with our reason so as to appease the economists. What this means for an average investor is to either sit on cash or be very stock specific. Following the broader markets – it’s going to be very hard to generate a positive return on investment this year. How deep the correction is going to be will become clearer when the market makes a few lower lows and lower highs. We, on this blog, are trying to bring you information and ideas to create wealth amidst all odds. Our investment philosophy is to be in the know of events unfolding that lead to changes either positive or negative – come out as a winner, regardless. Keep coming back to this blog to know what we have our eyes on. We will give you plenty of stock ideas so as to make your year a fruitful one.
NSE:NIFTYShort
by UnknownUnicorn2595495
4
MUTHOOT FINANCE - WATCHLIST STOCKMUTHOOTFIN cmp 505 Target open Long suggested ONLY above 525-530 zone. DO NOT ENTER BELOW THIS AS STOCK MIGHT GO THROUGH ANOTHER CONSOLIDATION PROCESS AS WELL AFTER TOUCHING 525-530. Stock currently is in the process of consolidation resulting in the formation of cup pattern. A breakout above 525 indicates a possible fresh upmove. Stop around 470-475 VWAP RSI is signalling strength in VWAP, meaning volume increase accompanied in upmoves. Pivot based oscillator above zero and sloping upwards providing comfort to the bullish view. Price has broken above the next quarter's pivot zone.
NSE:MUTHOOTFINLong
by scorpiomanoj
GAEL - GETTING SET FOR A POSSIBLE UPSIDECMP 251.50 Stop 220 Target Open 1) Stock has taken support at Yearly VWAP 2) Stock has taken support at previous quarter high 3) Next Quarter's pivot zone higher than current quarter's pivot zone.... suggests a possible bullish outlook. 4) PEMA oscillator starte sloping upwards. 5) Relative strength with respect to broader market is sloping upwards. 6) Fundamentally, triple to double digit annual profit growth witnessed in the last 4 quarters .
NSE:GAELLong
by scorpiomanoj