Get started

Stockstowatch

Bajaj Electricals Buzzing AgainBajaj Electricals is the part of India’s leading business conglomerate the Bajaj Group. The company portfolio spans consumer products, lightning and EPC. The company has an expansive network of 18 branch offices, 600+ distributors, and more than 2.3 lakh retail outlets across India. Bajaj Electricals CMP is 1177.60. The Negative aspects of the company are high valuation (P.E. = 64.4), declining cash from operations annual, FIIs are decreasing stake and MFs are decreasing stake. The Positive aspects of the company are improving annual net profits and no debt. Entry after closing above 1206. Targets in the stock will be 1274 and 1329. Long term targets in the stock will be 1382 and 1400+. Stop loss in the stock should be maintained at closing below 1037. Disclaimer: I am a NISM certified Research Analyst but have not registered for SEBI authorization. The purpose of sharing the views is purely educational in nature for paper trading only and for analysis. We will not be responsible for any profit or loss of any individual or institution which takes position based on our analysis.
NSE:BAJAJELECLong
by Happy_Candles_Investment
Maithan in a Mood to March Forward. Maithan Alloys Ltd is among India’s leading manufacturers and exporters of niche value-added Manganese alloys. The company prime products include Ferro Manganese, Silicon Manganese and Ferro Silicon. It has a global presence with customers like SAIL, Tata Steel and Jindal Steel & Power. Maithan Alloys CMP is 1070.35. The Negative aspects of the company is declining annual net profits. The Positive aspects of the company are improving cash from operations annual, no debt, FIIs are increasing stake and zero promoter pledge. Entry after closing above 1077. Targets in the stock will be 1122 and 1170. Long term targets in the stock will be 1207 and 1271. Stop loss in the stock should be maintained at closing below 968. (Disclaimer: I am a NISM certified Research Analyst but have not registered for SEBI authorization. The purpose of sharing the views is purely educational in nature for paper trading only. We will not be responsible for any profit or loss of any individual or institution which takes position based on our analysis.)
NSE:MAITHANALLLong
by Happy_Candles_Investment
Asahi Songwon Colours looking to add a positive vibe. Asahi Songwon Colors Ltd. is a leading player in the Indian Pigment industry. The company's principal manufacturing facilities Vadodara, produce CPC Blue Crude and Beta Blue pigment which have an installed capacity of 11400 tonnes per annum. Asahi Songwon Colors CMP is 242.10. The Negative aspects of the company are high valuation (-P.E. = 13.5) and declining annual net profits. The positive aspects of the company are low debt, improving cash from operations and zero promoter pledge. Entry can be taken after closing above 249. Compounding can be done after closing above 261Targets in the stock will be 271 and 282. Long term target in the stock will be 297. Stop loss in the stock should be maintained at closing below 220.
NSE:ASAHISONGLong
by Happy_Candles_Investment
IGPL looking to break the trend. IG Petrochemicals Ltd. is the largest producer of Phthalic Anhydride (PAN), Maleic Anhydride (MA), Benzoic Acid (BA) and Diethyl Phthalate (DEP) which have application in lubricant oil additives, water treatment, perfume, paint and many more. IG Petrochemicals CMP is 502.50. The Negative aspects of the company are declining annual net profits and MFs are decreasing stake. The Positive aspects of the company are no debt, improving cash from operations annual, FIIs are increasing stake and zero promoter pledge. Entry can be taken after closing above 513. Targets in the stock will be 528 and 542. Long term target in the stock will be 559 and 578. Stop loss in the stock should be maintained at closing below 469.
NSE:IGPLLong
by Happy_Candles_Investment
ONON Possible bullish breakI am currently watching Swiss shoe maker company called On Holding AG, ticker ONON. The price action of the stock is forming one of my favorite patterns, Cup with Handle. Things to consider: 1. My first buy point is sitting just below current price level, at $33.67 price. 2. Once I enter this position, my stop loss will be set at $30.30 level, just below 50MA. 3. Additional buying for the stock will be done once the previous high is broken, sitting around $34.4-34.8 price level, which is acting as resistance at the moment. 4. Ultimate price goal for this stock would be the first high after IPO, price around $40, if price action is bullish and I see a healthy uptrend, I will surely continue holding this stock. Of course, as always, this is my personal opinion. Please do your due diligence before investing.
NYSE:ONONLong
by De_Banis
Cup and Handle Breakout for Mangalam Cement looks like.Mangalam Cement is a B.K. Birla Group company, producing cement in various grades using the dry process and marketing under the brand name of "Birla Uttam". Mangalam Cement CMP is 332.20. The negative aspects of the company are high valuation (P.E. = 53.3) and declining cash from operations. Positive aspects of the company are low debt, promoter holding increasing, FIIs are increasing stake and zero promoter pledge. Entry after closing above 343. Target of the call will be 356 and 367. Long term targets in the stock will be 388. Stop loss in the stock should be maintained at closing below 300.
NSE:MANGLMCEMLong
by Happy_Candles_Investment
Jubilant Foods might give jubilations to the investors Jubilant Foodworks Ltd is India’s largest foodservice company. Incorporated in 1995, the Company holds the exclusive master franchise rights of Domino’s Pizza, Dunkins, Popeyes, Hong’s Kitchen etc. Jubilant Foodworks CMP is 517.15. The Negative aspects of the company are high valuation (P.E. = 126.7) and FIIs are decreasing stake. Positive aspects of the company are no debt, improving cash from operations, MFs are increasing stake and promoter unpledged stake. Entry after closing above 521. Target of the call will be 536 and 560. Long term targets in the stock will be 583 and 611. Stop loss in the stock should be maintained at closing below 460.
NSE:JUBLFOODLong
by Happy_Candles_Investment
PSP Projects looking to Push harder and forwardPSP Projects Limited is a multidisciplinary construction company offering a diversified range of construction and allied services across industrial, institutional, government, government residential and residential projects in India. The company mainly offers construction value chain and provides end to end support in construction activities. PSP Projects CMP is 777.60. Negative aspects of the company are declining annual net profits and promoter holding decreasing. Positive aspects of the company are no debt, improving cash from operations annual, FIIs are increasing stake, MFs are increasing stake. Entry can be taken after closing above 780. Targets in the stock will be 800 and 819. Long term target in the stock will be 847 and 871. Stop loss in the stock should be maintained at closing below 707.
NSE:PSPPROJECT
by Happy_Candles_Investment
Sudarshan Chemicals looking to rotate and shineSudarshan Chemicals Industries Ltd is a global supplier of high-end pigments with a diverse range of products ranging from organic, inorganic and effect pigments to performance colorants, pearlescent pigments and speciality chemicals. Products of the company mainly use in Art and craft, paper, agriculture and textile. Sudarshan Chemicals Industries Ltd CMP is 487.10. Negative aspects of the company are high valuation ( P.E. = 75.3), declining annual net profits, MFs are decreasing stake. Positive aspects of the company are low debt, improving cash from operations annuals, FIIs are increasing stake, zero promoter pledge. Entry can be taken after closing above 498. Targets in the stock will be 520 and 542. Long term target in the stock will be 579. Stop loss in the stock should be maintained at closing below 458.
NSE:SUDARSCHEMLong
by Happy_Candles_Investment