SNOWMAN LOOKING BULLISH SNOWMAN IN WEEKLY 📈 Snowman looking Bullish 💹 In few weeks price can travel 100+ As per price action behaviour So am bullish on #Snowman Longby strategyborn111
SNOWMAN Increasing Cold Temperature & New WarehousesNSE:SNOWMAN ............................................................................................................................................................................................................................................ • Network Advantage - Ability to offer customers the largest Pan-India cold chain networkfor storage and distribution • Expansion Plans – Planned expansion basis our customers’ requirements to reach new markets & to address the demand of the organised sector• Technology Driven - Snowman has developed customised software & apps for increasing efficiency of operations • 25+ Years of Experience - Snowman has innovated best practices and is a knowledge leader in the industry • Customer Trust & Satisfaction - Full visibility & transparency provided to customer using in-house tech platforms & many uninterrupted years of satisfactory customer service ............................................................................................................................................................................................................................................ Leading integrated temperature-controlled logistics • Snowman Logistics Ltd was incorporated in 1993 and Gateway Distriparks acquired a majority stake in 2006• Pan India network of 45 warehouses across 20 cities • Integrated service offering of warehousing services, transportation, and distribution bundled with value added services• Modern facilities with high quality infrastructure across the country • Expansion plans to increase warehousing presence for catering to the fast-growing demand of the organised sector• Snowman is first Indian cold chain company to introduce 5PL services, which offer innovative and integrated solutions ............................................................................................................................................................................................................................................ Strengths: Established market position in the temperature-controlled logistics industry: Snowman is the largest provider in the highly fragmented temperature-controlled warehousing, transportation and logistics industry in India. The company provides quality service and end-to-end solutions to customers in the temperature-controlled industry, thereby resulting in repeat orders and long-term contracts providing around 80% revenue visibility. As on March 31, 2023, the company had warehousing capacity of 1,35,552 pallets across 44 warehouses in 18 cities. It also had 239 refeer vehicles (refrigerated trucks) providing last-mile, inter-city distribution services through a consignment agency model. It caters to marquee customers in diversified end-user industries, such as seafood, pharmaceuticals, dairy, e-commerce and quick service restaurants (QSR). Under the dedicated warehouse segment, the company has opened 4 warehouses for e-commerce and pharmaceutical clients including Amazon, Fraazo, Impelpro, among others. Adequate financial risk profile: Gearing was 0.25 times as on March 31, 2023, and is expected to remain low in the medium term. Debt protection metrics are adequate with interest coverage and net cash accrual to total debt ratios are ~4.3 times and 0.63 times, respectively, in fiscal 2023. Any higher-than-expected debt for funding capex could adversely impact the capital structure and debt protection metrics and will remain a key rating sensitivity factor. Continued parentage of GDL: Post settlement of agreement between Snowman and Adani Logistics Ltd (ALL) in July 2020, GDL is the single largest owner with 40.25% stake in the company and substantial control on the board. The rating continues to benefit from moderate operational and strategic linkages with GDL, as both the companies offer complementary services in the logistics industry, thereby providing cross-selling opportunities to customers. GDL is one of the largest private players in the container freight station, railways and inland container depot businesses in India. Furthermore, Snowman is well established amongst the leading organised players, providing temperature-controlled services in India Longby iism-ExpertTrading2
Snowman Logistics Breaking Out from H&SIn the above weekly chart of Snowman Logistics NSE:SNOWMAN , we can see H&S (Head and Shoulders) pattern formation over a period of nearly 7 years and now it has broken out from the pattern. Re-test of the neckline also seem to have been done in last few weeks and neckline provided good support. If we measure the height of pattern, it points to 112 levels which also happen to be very near to next major resistance of 114. It’s currently trading around 80 so this breakout might offer a potential upside of 60% in next few months. On the flip side, if the stock goes back below neckline and sustains there for couple of days then this view is invalidated.Longby YetAnotherTA5
SNOWMAN MONTHLY CHARTSNOWMAN MONTHLY CHART Ellipse breakout @ 71.50 MOB 130-137 Support @ 46 This stock has witnessed an ellipse breakout @ 71.50 levels, Target MOB projected @ 130-137 levels. Its only an observation & not any suggestion or recommendation.Longby UnknownUnicorn4824761Updated 8
SNOWMAN still strong after ChristmasHere is my analysis provided on SNOWMAN logistics. If we see a retracement and sustains then it can make a move on the upside around 5%, then facing liquidity levels. If it sustained past that then Monthly liquidity could likely be swept. On the downside, failure of retracement can suggest more downside. This stock is likely to benefit from the fall in oil prices recently, further pushing the bullish sentiment. If retracement is sustained and it starts going up then do consider entering the trade. Overall seems like a higher probability trade continue monitoring. This is not a buy sell reco, DYOR NSE:SNOWMAN Longby dheerender46Updated 3
SNOWMAN LOGISTICS W pattern breakout on monthly timeframe with good volume. Also volume is above average from past few months so seems like people are entering and showing interest. Longby vatsal_mehta_0
Snowman - Long Setup, Move is ONStock name = Snowman logistics Limited. ✅ #SNOWMAN trading above Resistance of 75 ✅ Next Resistance is at 106 ✅ moved 28% in 7 weeks Daily chart setup Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. this is not buying and selling recommendations. I am not SEBI registered. please consult your financial advisor before taking any trade.Longby tanwartarun500
Snow man Analysis Bullish ( Swing )Snow Man Current is in a Bull Run It will touch 75-80 soon You can Buy it for insider trading Longby AdityaRajput286
Snowman Logistics Ltd1. Very Good R:R ratio. 2. Accumulation can be done with small Qty between Rs. 62 to 68 3. Strict STP Rs. 59 4. Near to cross triple top 5. Promoter, FII AND DII increasing their stake. 6. Profit increase year on year however price is below 2018 level.Longby Mount_Trade5
SnowmanStock name = Snowman logistics Limited. Weekly chart setup Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. this is not buying and selling recommendations. I am not SEBI registered. please consult your financial advisor before taking any trade.Longby tanwartarun501
9 Year's Consoliatons BreakoutAfter Multi Year down Trend finally price out from down trend and break the multi year resistance and sustain above . If price not sustain below 46 then high probability price test 144 level and above .Longby PrasantaP3
Snowman Logistics Ltd NSE: SNOWMANSnowman Logistics Ltd NSE: SNOWMAN Volume increasing cup and handle formation short term 71 mid short 91 longterm 143 Longby pujarisp11
SnowmanThese swing stock add you watchli6and analysis for yourself! These stock only education purpose! I am not sebi ragister!Longby RahulAyar2
SNOWMANScript name : Snowman logistics ⛄ Cmp 50 Sl below 48 Tgt 60-70+ Fresh 52week breakout Increasing profit every quarter Debt to equity ratio of 0.61 only Levels mentioned on chart further any doubts ping me please .. Will see a new breakout above 70 so wait patiently and do follow SL accordingly.. will update the idea if anything comes up Note : Just n idea not any personal recommendations for buying or selling of the particular mentioned stocks.. Learn then earn Longby Paras_gujjar226
SNOWMAN LOGISTICS (D)- BREAKOUT CANDIDATEsnowman logistics : Breakout candidate Weekly timeframe stoploss: 40Longby Badaldadmal5
Snowlam Logistics Formed a nice setup BO and retest done Looks good above 38. Volumes are being seen and an initial purchase can be done with a small quantity Longby happyvegan102
SNOWMAN LOGISTICS WEEKLY TIMEFRAMEThe Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart). Note: its my view only and its for educational purpose only. only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves. we do not get into bullish or bearish traps. we anticipate and get into only big bullish or bearish moves (Impulsive Moves). Just ride the Bullish or Bearish Impulsive Move. Learn & Know the Complete Market Cycle. buy low and sell high concept. buy at cheaper price and sell at expensive price. Keep it simple, keep it Unique. please keep your comments useful & respectful. Thanks for your support.... Tradelikemee AcademyLongby Tradelikemee1
BUY CALL ON SNOWMAN LOGISTICSBuy call on snowman logistics Current price 37 rs. 1st target 39.25 rs. 2nd target 43.40 rs. Stop loss 34.80 rs.Longby abhishekkasliwal00
Snowman Logistics Ltd - 23.12.2021Snowman Logistics Ltd - 23.12.2021 The stock is trading @ 41.90 The prices are above ema There is a MACD Bullish Divergence in Weekly Chart Stochastic is overbought in Hourly Chart RSI is overbought in Hourly Chart Let the prices go above 43 watch out for the price actionLongby PrashantBhiwaniwala0
SNOWMAN LOGISTICS - How far can it go ?Breakout from a Pole Flag Pattern + a longer Triangle Pattern. MACD positive and is about to move above the Histogram. Longby CannySunnyUpdated 556
Snowman logisticsSnowman was trading at 56.75 up by 10%. Reason behind the jump waas strategic partnership with Dr. Reddy, will provide temperature-controlled end-to-end logistics solutions for the delivery of the two-dose Sputnik COVID-19 vaccine across India. Buy at CMP, Keep SL 52 for target of easy 66Longby Gourish181
logistics provider for vaccineSnowman Logistics commenced its business as a trader of frozen marine products and in 1998 it commenced cold storage operations at 4 locations. The company is currently an integrated temperature controlled logistics services provider with 23 temperature controlled warehouses across 14 locations in India including Serampore (near Kolkata), Taloja (near Mumbai), Palwal (near Delhi), Mevalurkuppam (near Chennai) and Bengaluru capable of warehousing 58,543 pallets and 3,000 ambient pallets as of March 31, 2014. Snowman operates 370 reefer vehicles for primary and secondary transportation as of March 31, 2014. A majority of the company’s temperature controlled warehouses are ISO 14001 (TUV-SUD), ISO 22000 (TUV-SUD) and FSSA certified. In addition, 4 of its temperature controlled warehouses are EIA and MPEDA (Marine Products Export Development Authority) certified and 4 temperature controlled warehouses are certified under the Drugs and Cosmetics Act, 1940. The company’s operations can be classified into the following business segments - Temperature controlled services and Ambient distribution. The distribution services of the company comprise of primary and secondary transportation. The primary transportation (long haul) generally facilitates inter-city transport of products. The primary transport service includes door to door service, customized Milk Runs and Part Cargo Consolidation. The company also provides secondary transportation i.e. last mile distribution, supplying, amongst others, QSRs, retail outlets, restaurants and the hotels. Gateway Distriparks is the promoter and the largest shareholder of Snowman Logistics. Snowman’s investor profile also includes Mitsubishi Corporation, Mitsubishi Logistics Corporation, International Finance Corporation and Norwest Venture Partners VII-A Mauritius. The product segments it caters to include: • Dairy products including butter and cheese; • Ice-cream; • Poultry and meat; • Sea food; • Ready-to-eat / ready-to-cook food products; • Confectioneries including chocolate and baked products; • Fruits and vegetables; • Healthcare and pharmaceutical products; and • Industrial products such as x-ray, and photo-imaging, films.Longby Tradernawab111