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WILLIAMSON TEA KENYAStaying on the sidelines on Williamson Tea Kenya. Fundamentally, the tea industry will be a victim of climate change, which has already proven to have a negative impact on tea quality and yield. Plus, we have seen an increase in exports from other tea-producing countries, which has reduced the demand for Kenyan tea. Technically, the stock price has weak support at the dotted levels. The order book shows signs of weak demand and a whale exit will push the price lower.
NSEKE:WTK
by EquityWhale
BATBAT was a bit unpredictable after such a huge GAP DOWN but it presented an opportunity to buy the stock at a discounted price for a medium-term position. Most of the time, a GAP DOWN has to be filled before the stock price resumes its' downward trajectory. The stock price will recover to its previous support, in this case Kes 400, which will be the new resistance and the stock will settle at a new support price, or obey historical support levels. This analysis is in line with the upcoming book closure. The stock price will not hold above Kes 400.
NSEKE:BATShort
by EquityWhale
ABSA BANK KENYAABSA Bank and Co-operative Bank Kenya have a strong positive correlation. In 2025, we have seen the correlation drop with a small margin, and Co-operative Bank stock price did not move higher as much as ABSA did. Both bank dividend payouts have a difference of .05, which is negligible. Fundamentally, Co-operative Bank has stronger fundamentals than ABSA Bank Kenya. From a risk-reward perspective (stock price & dividends), Co-operative Bank is more attractive than ABSA Bank. However, I am anticipating this to change in the future. ABSA Bank Kenya has the probability of becoming a bigger and more attractive bank than Co-operative Bank. Based on the Chart, the share price of ABSA bank is worth looking at post-book closure on the 30th of April, 2025. If it is a dividend drive, Co-operative Bank is a better alternative.
NSEKE:ABSA
by EquityWhale
Co-operative Bank KenyaKeeping it simple...... The dotted lines show high-risk price to buy Co-operative bank. The stock price has a high probability of trading below these price levels. If you are considering buying, purchase small volumes at these prices. The solid lines are strong support levels. They provide medium-risk entry prices to accumulate the stock. Kes 13.00 and 12.00 are strong support prices. At Kes 10.50 and below, the risk is low, and provides the best opportunities to accumulate the stock in bigger volumes. If the price breaks below each price level (green dots or solid lines), the support prices will turn to resistance, putting downward pressure on the stock.
NSEKE:COOP
by EquityWhale
KPLC Chart obeying Elliott WaveAll of the market obeys Elliott principles by design. At the core of the market is psychology(human nature and logic) and numbers. Psychology is catered for by Elliott Wave and the numbers are catered for by Fibonacci Sequencing. On this chart, you can see Elliott principles being respected. This to me is more than just a theory and should be studied in-depth. I post daily charts on X and you could share your thoughts, queries and ideas @victorkmacharia.
NSEKE:KPLC
by machariavictor017
EQUITY gROUP HOLDINGThe stock has been posting good returns, post covid markets have been working well for this institution. it makes sense that it is expected to make positive returns on March 24th regards its an early indication that the price is try to push past the resistance line but i'm expecting it to hit a wall at the rectangle region so it a slight increase in value if you wanna gamble at this region the positive regression of the banks environment with SME's places it ina position to rise pat its limitation. long term strategy is to hold this stock for long run, atleast to run through the expected earnings through out the year, in relation to Dividends pay out that is seemlingly going to happen around November. recommendation HOLD it for the entire year
NSEKE:EQTYLong
by j_mitch
the bigger the base, the higher in spacethe chart says it all. Carbacid is a phenomenal company with a leading market position in the East African region. this moat is reflected in the company's stable financial metrics. Mr Patel, a prominent investor on the NSE has increased his stake from approx. 25% to 49.9% over the past decade. One would be hard-pressed to find a company with a much stronger balance sheet. wrt technicals, we'd need a much cleaner breakout to trigger an entry.
NSEKE:CARBLong
by Kwaku_As
Look for buys from the bottomHello, I&M Group Plc engages in providing financial and real-estate services. The firm provides banking, financial and related services through its banking subsidiaries in Kenya, Tanzania, Rwanda and Mauritius. Its products and services include commercial banking, bancassurance, financial advisory services, real estate investment, and custody and investment services. The company was founded on August 16, 1950 and is headquartered in Nairobi, Kenya. With a total revenue of KES 50 billion & net income of KES 11.19 bilion. the company remains a solid company into the future. Earnings per share of KES 6.77 & 415 Billion worth of Assets. I see a buy form the current areas to the target of KES 29. More information www.imbankgroup.com Good luck!
NSEKE:IMHLong
by thesharkke
Safaricom stock froming a correctionIntroduction Investors in Safaricom, one of Kenya's leading telecommunications companies, are currently witnessing a correction phase in the stock's price. This correction is a natural part of market dynamics and often provides opportunities for strategic investment moves. Furthermore, technical analysis suggests that following this correction, Safaricom's stock may experience an impulse downwards, with a projected target price of around 13.5 Kenyan Shillings (KES). Correction Phase A correction in the stock market refers to a temporary reverse movement in the price of a stock, usually against the prevailing trend. In the case of Safaricom, this correction may be attributed to various factors, including profit-taking by investors who had previously bought the stock at lower prices, changes in market sentiment, or broader economic factors affecting the telecommunications industry. Despite the short-term dip in prices, corrections are often considered healthy for the long-term stability of a stock. They help to realign the market by shaking out excessive speculation and restoring equilibrium between supply and demand. During this correction phase, investors may view it as an opportunity to reassess their positions or even accumulate more shares at relatively lower prices. Impulse Phase Following the correction, technical analysis suggests that Safaricom's stock is likely to enter an impulse phase. An impulse is a rapid and significant movement in the price of a stock, typically in the direction of the prevailing trend. In this case, the impulse is anticipated to be bullish, indicating a potential upward movement in Safaricom's stock price. The projected target price of around 13.5 KES indicates the level at which the impulse phase may culminate. This target is derived from various technical indicators, such as trend lines, moving averages, and chart patterns, which suggest strong buying pressure and positive sentiment among investors. Investment Considerations For investors considering entering or exiting positions in Safaricom's stock, it's essential to carefully evaluate the current market conditions, as well as their own investment goals and risk tolerance. While corrections and impulses provide opportunities for profit, they also carry inherent risks, including market volatility and unexpected events. Additionally, investors should conduct thorough research on Safaricom as a company, including its financial performance, competitive position, and growth prospects. Fundamental analysis, coupled with technical indicators, can help investors make informed decisions about the timing and direction of their trades. In conclusion, while Safaricom's stock may currently be undergoing a correction phase, investors should remain vigilant and monitor market developments closely. By staying informed and employing sound investment strategies, investors can navigate market fluctuations and capitalize on potential opportunities presented by the correction and subsequent impulse phases.
NSEKE:SCOMShort
by thesharkke
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