CIPLAW PAttern Formation , Huge volumes coming up
Trading at 11.5% below our estimate of its fair value
Earnings are forecast to grow 17.22% per year
Pays a reliable dividend of 0.48%
Upcoming dividen of 5rs per share
Earnings vs Savings Rate: CIPLA's forecast earnings growth (17.2% per year) is above the savings rate (6.8%).
Earnings vs Market: CIPLA's earnings (17.2% per year) are forecast to grow faster than the Indian market (16.8% per year).
Tradetopper
RELIANCE INDUSTRIES Bullish Or bearish ??1. RIL is forming a Bullish triagular pattern and will breakup .
2. Lower level is 2361 and higher is as indicated and may baounce back to base before moving up
3. by apruil may breakout from the pattern till than keep accumulating at lower levels as SIP
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MAX HEalthcare Bullish Or bearish1. 1 Day: Delivery volume increased by 125.98% over 5 day average
2. 1 Month: Delivery volume increased by 29.56%
FIIs
Held by 194 FIIs (16.67%)
Mutual Funds
Held in 18 Schemes (15.58%)
Increasing Revenue every Quarter for the past 4 Quarters
Company with Low Debt
Mutual Funds have increased holdings from 8.64% to 15.58% in Dec 2021 qtr.
FII/FPI have increased holdings from 14.23% to 16.67% in Dec 2021 qtr.
Institutional Investors have increased holdings from 22.93% to 32.35% in Dec 2021 qtr.
It will form a head and shoulder pattern , its based on Probaility ans the conditions are favouring its formation , like earning coming up in the period may hit the head of the pattern and will go down . target as shown in the chart
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