Poonawala huge breakoutSL 330
Target 380-385
Huge Break Out on Daily Chart
Cup and Handle
double Top
POONAWALLA trade ideas
POONAWALLA - Long - Swing tradeOn a weekly timeframe, the stock is trying to break the previous resistance and if we expect to have a good close, this stock can give excellent results. Fundamentally strong stock.
Entry - on a weekly timeframe to have a strong close above the resistance.
T1 - 400
SL - Below the weekly close.
Before Result buy POONAWALA Target @316Before result it form short term support @287 level i am expecting 2-5 days duration upside 6-7% gain
as finance banking is looking strong before budget .
i am expecting such small target will hit soon.
as i am keeping eye on poonawala fincorp,
\its not perform from last 2 week and momentum start from today now
its best level to enter around @298-300
be connected with me
i will update idea as target will come
RAVINDRA BHISE :)
POONAWALLA - Bullish Breakout supported with VolumesNSE: POONAWALLA is closing with a bullish breakout candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the trendline support for the past few days which is indicating demand.
One can look for a 8% to 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
Disclaimer:
This is for educational purposes only.
Conditional Buy Idea POONAWALLAMy conditional buy idea on NSE:POONAWALLA is to take entry once price reach at level of 288. Will take stop loss if price trade below 275 (-13 Points)
My up side target will be 300(+12 Points), 309 (+21 Points) & 322 (+34 Points). It could be best risk and reward idea.
Note: This is my personal analysis, only for learning. Thanks.
Classic Chart Pattern.Poonawalla Fincorp - Also setting up beautifully with good dryness in volumes.
POONAWALLA FINCORP POONAWALLA FINCORP - Stock near rounding bottom breakout
Target = 30%
SL - 280
Personally buying for portfolio.
Buy Long Poonawalla Fincorp at 315 for target of 432,SL-305.NSE:POONAWALLA Cup and Handle break out done with high volume, expeceted returns-37.14% time frame-34 days
Poonawalla Fincorp Ltd.C&H / P&F Pattern: Monthly Basis
Price/Vol. BreakOut
MultiYear Price Trendline Breakout Possibility
*With Price Up, Trail SL*
*Book Profit as per Risk Appetite*
*Fundamentally Strong Co*
NBFC engaged in providing Consumer/MSME financing/General Insurance services.
Adar Poonawalla Group Co.
Q1FY23: Presence: 21 States/242 Branches. North/West/South/East AUM % mix:-28/27/31/15. AUM of ₹177bn (Q1FY23). Credit rating of ‘AA+/ Stable’ by CRISIL and CARE
Post takeover & Capital Infusion: Change in senior management, Re-position of product portfolio, Improvement in credit rating & Scale up in digital initiatives. Co. aims to achieve 3x of FY21 AUM by FY25 (implied CAGR of 30%).
Increasing Sales/Profitability on Yrly/Qtrly Basis.
Sharp Improvement in RoA/RoE/RoCE for FY22 vs. FY21.
Improving Leverage/TNW/CAR of 46%.
Higher +ve Ops. Cash Flow.
FIIs stake Up / DIIs Down.
*Concern:*
Moderate Asset Quality
*Do Your Own Research as Well. This is Just an Opinion.*
Happy Investing :)
Poonawala- positional long tradeStock is making regular higher lows and respecting an upward trend line, making a rising wedge pattern as well and looks all set to give a breakout from immediate resistance. Breakout could be meaningful because it could negate the head and shoulder pattern. Stock is outperforming nifty, which is a good sign to take long positions. Volumes are also rising from average.
Buy when price sustains above 292, Review this position at 330. Keep a stop loss below 272 in this trade. Head and shoulder pattern can activate below 272 level which can bring some downwards movement in stock price in short term. So please keep a strict stop loss.
All levels are on daily closing basis.
POONAWALLA - short term tradeBuy POONAWALLA @/above 276
Intraday/Short term Target 297
Stop Loss 272
Profit approx. 9%
Medium term Target 343
Stop Loss 246/below
Profit approx. 24%
Poonawala fincorp India Sun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
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Poonawala Fincorp stock AnalysisThis stock look good from here....
This is my personal view..
Always manage your risk before placing a trade....
Poonawala Fincorp back in contentionEntry in Poonawala Fincorp can be taken above 247.5 closing. The targets will be 282 and 303. Long term target in the company will be 340+. Stop loss can be closing below 214. Poonawla Fincorp is valuation wise little expensive stock but momentum in the stock is picking up. The company has Zero promoter pledge and FII/ FPI stake in the company is also increasing.
Poonawala Weekly time frame looking good!Weekly time frame looks to form H&S, after long INHS breakout at 230 level, looking good for 310 plus above 245 close on daily form basis
Poonawala in consolidation crossing the zone it may fly Poonawala Fincorp after correcting from 300+ levels is trying to form a bottom near 240 / 250 levels. Entry can be taken in the counter after a closing is obtained above 258. Targets will be 268, 288 and 300+. A stop loss should be maintained at a closing below 222. MFs are increasing their hold in the company where promoter pledge is Zero. Cash generation ability of the company is improving and there are signs of positive reversals in net profit. Negative aspect of the stock is high valuation and news of some promoters decreasing their holding.
Poonawalla Fincorp Ltd.Poonawalla Fincorp Ltd.
Pole & Flag Pattern on Daily Basis.
Price to Break-Out - Watch it. Volume Break-Out can happen if Q3FY22 Results are good.
Do Your Own Research As Well. This is Just an Opinion.
Will try to build on yesterday's momentum. Poonawalla Fincorp is nearing it's ATH BO levels and might move further. It might try to challenge 227.75 today. Above this level the next target for Poonawalla will be 254. 197, 189 are strong supports now. For Fresh Entry 189 should be the Stop Loss. Very Long Term Target looks like 300+ in 12 to 18 months.
poonawalla fincorp long term viewChange in leadership bring much needed liquidity and help in reducing outflow of debt, as it has zero/negative EPS so it will take few result sessions to show good performance(sales are okay but debt outflow is higher)but market is anticipating future potential so we should also jump upon as trader/investor. Both will have best future if they can carry their position in worst times in case things take much more time than expected.
