Mukadam

Mukadam

After a 10-11% correction the Nifty50 found support at 23250 on 21 Nov 2024 which now acts as a stop-loss for Long term investors. It broke the sloping trend-line on 25 Nov 2024 with a gap-up open, finding resistance at 23350 retraced to 23850 and then made a strong up move, this formation is a ideal setup for Swing Traders, who might have taken a trade at 24350...

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My personal Portfolio performance against the Indian markets, all with holding period of 1 year to 3 years. (No single stock in the portfolio taken with tips from others, brokers, TV. All research on my own, using Fundamental / Technical analysis learned over past 20 years of weekends). This includes stocks sold, dividend received, no mutual funds included: The...

Mukadam

My personal Portfolio performance against the Indian markets, all with holding period of 1 year to 3 years. (No single stock in the portfolio taken with tips from others, brokers, TV. All research on my own, using Fundamental / Technical analysis learned over past 20 years of weekends). This includes stocks sold, dividend received, no mutual funds included: The...

Mukadam Updated 

Industower has been moving higher after the rumours of telecom policy and finally after the actual policy decision major buying seen with high volumes. We now see a major resistance level breakout today, Buy with targets of 353,432 & 500. Strong ability to service debt as the company has a low Debt to EBITDA ratio of 0.82 times Healthy long term growth as Net...

Mukadam Updated 

Buy Bharat Electronics at 163 or higher for Targets of 189 and 247 Fundamentals: High Management Efficiency with a high ROE of 17.51% Company has a low Debt to Equity ratio (avg) at 0 times Healthy long term growth as Operating profit has grown by an annual rate 18.60% Positive results in Mar 21: ROCE(HY) Highest at 26.66 %NET SALES(Q) Highest at Rs 6,917.47...

Mukadam Updated 

Buy Max Financial at 1050 or higher for Targets of 1183 and 1325. Fundamentals: Strong Long Term Fundamental Strength with an average Return on Equity (ROE) of 12.18% The company has declared Positive results for the last 3 consecutive quarters: PAT(Q) At Rs 62.34 cr has Grown at 272.7 %NET SALES(Q) Highest at Rs 9,759.75 cr It is ranked 71 across all Large Cap...

Mukadam Updated 

Buy Ajanta Pharma at 2140 for targets of 2297 and 2492

Mukadam Updated 

Buy for target of 1231. Good fundamentals High Management Efficiency with a high ROE of 18.65% Company has a low Debt to Equity ratio (avg) at -0.28 times Healthy long term growth as Operating profit has grown by an annual rate 15.24% High Institutional Holdings at 32.99% These investors have better capability and resources to analyse fundamentals of companies...

Mukadam Updated 

Targets 3478 and 3997 as the 3rd Wave arrives Good Fundamentals: High Management Efficiency with a high ROE of 22.80% Company has a low Debt to Equity ratio (avg) at -0.79 times With a growth in Net Profit of 161.04%, the company declared Very Positive results in Mar 21 The company has declared positive results for the last 2 consecutive quartersPBT LESS OI(Q) At...

Mukadam Updated 

Finolex Industries finds support at bottom of Channel target 730-750 channel top

Mukadam Updated 

ITDCEM a NSE stock has a channel breakout buy with a target of 130 i.e. 50% Fibonacci.

Mukadam

Reliance Industries trendline breakout for a buy for targets of 2251, 2445

Mukadam

Nifty has a RSI Divergence, there might be a up move after this down move and then it will go further down.

Mukadam

bouncing from channel bottom

Mukadam Updated 

Buy for Target of 1305

Mukadam Updated 

Buy for targets of 3760 and 4920

Mukadam Updated 

with a target of 9.43, which means there is going to be a bull run in NIFTY

Mukadam Updated 

Target of 1136 i.e. 50% fibonacci retracement, rsi is in positive zone trending upwards.