NIFTY ANALYSIS 30-AUG-2024: BULL or BEAR?
As per my view, 50:50
I expect some correction BEFORE NEXT BULL RUN towards 28K/30K.
NIFTY ANALYSIS 30-AUG-2024: BULL or BEAR?
As per my view, 50:50
I expect some correction BEFORE NEXT BULL RUN towards 28K/30K.
Sector: Household & Personal Products
Strong Performer
Stock with good financial performance alongside good to expensive valuation, but lacks price momentum as suggested by technical indicators
52 Week High 2834.95
52 Week Low 2172.05
All Time High 2859.30
All Time Low 100.50
Book Value Per Share 217.99
Dividend Yield: 1.5
Sector PE 74.06
Face Value 1
Beta 0.19
Mkt Cap (Rs. Cr.) 652,598
SUP: 2705/2427/2172
RES: 2860
As long as the above supports hold, we can see 2860, 2196, 2977-3108, 3319-3530, 3713, 3871-4082
NOTE: Not a BUY or SELL SIGNAL.
All updates are only for the educational and knowledge purpose.
https://in.tradingview.com/chart/HINDUNILVR/1N6ja1sB-Hindustan-Unilever-Ltd-2777/
Sector: Power Generation/Distribution
Stock with good financial performance alongside good to expensive valuation, but lacks price momentum as suggested by technical indicators
52 Week High 28.05
52 Week Low 13.70
All Time High 48.60
All Time Low 0.75
Book Value Per Share 9.82
Dividend Yield: 0.25
Sector PE 24.62
Face Value 1
Beta 0.95
Mkt Cap (Rs. Cr.) 1,953
SUP: 9/4
RES: 28.1/49
As long as the above supports hold, we can see 25, 34-42, 52-61, 79-89.
Further 105/122/172
NOTE: Not a BUY or SELL SIGNAL.
All updates are only for the educational and knowledge purpose.
https://in.tradingview.com/chart/DPSCLTD/CntR7N9n-DPSC-Ltd-20-06/
Sector: Power Generation/Distribution
Strong Performer
Stock with good financial performance alongside good to expensive valuation, but lacks price momentum as suggested by technical indicators
52 Week High 34.45
52 Week Low 12.05
All Time High 47.25
All Time Low 1.20
Book Value Per Share 8.85
Dividend Yield: --
Sector PE 24.62
Face Value 10
Beta 1.14
Mkt Cap (Rs. Cr.) 2,518
As long as 5 hold support, we can see 29-34, 43-52, 66-75
Further 89-104, 147
NOTE: Not a BUY or SELL SIGNAL.
All updates are only for the educational and knowledge purpose.
https://in.tradingview.com/chart/GREENPOWER/PO915kiz-Orient-Green-Power-Company-Ltd-21-47/
Sector: Power Generation/Distribution
Strong Performer
Stock with good financial performance alongside good to expensive valuation, but lacks price momentum as suggested by technical indicators
Promoters holding remains unchanged at 50.76% in Jun 2024 qtr
FII/FPI have increased holdings from 0.00% to 0.24% in Jun 2024 qtr.
Institutional Investors have increased holdings from 0.00% to 0.24% in Jun 2024 qtr.
52 Week High 34.39
52 Week Low 12.35
All Time High 217.75
All Time Low 1.75
Book Value Per Share 22.16
Dividend Yield: --
Sector PE 24.62
Face Value 10
Beta 0.48
Mkt Cap (Rs. Cr.) 328
As long as 8 holds support, we will see 30 first.
Break of 39.21 will be a MULTIYEAR BREAKOUT and we will see 46-55, 69-83, 105-121.
Further extensions can be 144-167, 237.
NOTE: Not a BUY or SELL SIGNAL.
All updates are only for the educational and knowledge purpose.
https://in.tradingview.com/chart/INDOWIND/ZTjLmmgc-Indowind-Energy-Ltd-25-53/
Sector: Power Generation/Distribution
Weak Stock
Investors should be very cautious while exercising investment decision for the stock
Promoters holding remains unchanged at 58.14% in Jun 2024 qtr
52 Week High 36.80
52 Week Low 15.90
All Time High 356.30
All Time Low 3.25
Book Value Per Share 21.30
Dividend Yield: --
Sector PE 24.62
Face Value 10
Beta 0.65
Mkt Cap (Rs. Cr.) 135
Supports: 13.55/3.35
Resistances: 37/43
If 13 holds support and a break of 42, we can see 52-61, 77-91, 116-130, 155-178, 250
NOTE: Not a BUY or SELL SIGNAL.
All updates are only for the educational and knowledge purpose.
https://in.tradingview.com/chart/ENERGYDEV/ULZaWsrp-Energy-Development-Company-Ltd-28-42/
Sector: Power Generation/Distribution
Promoters holding remains unchanged at 71.19% in Jun 2024 qtr
52 Week High 39.54
52 Week Low 4.59
All Time High 69
All Time Low 1.65
Book Value Per Share -50.86
Dividend Yield: --
Sector PE 24.62
Face Value 10
Beta 0.09
Mkt Cap (Rs. Cr.) 18
Supports: 9.12/2.33
Resistances: 39.55/49.35
Targets: 36, 50-60, 73-87, 110-125
147-170, 239
NOTE: Not a BUY or SELL SIGNAL.
All updates are only for the educational and knowledge purpose.
https://in.tradingview.com/chart/SRMENERGY/JLIfsshT-SRM-Energy-Ltd-20-87/
Sector: Infrastructure
FII/FPI have increased holdings from 0.32% to 0.62% in Jun 2024 qtr.
52 Week High 35.30
52 Week Low 10.05
All Time High 327.35
All Time Low 0.80
Book Value Per Share -0.03
Dividend Yield: --
Sector PE 32.39
Face Value 2
Beta 0.64
Mkt Cap (Rs. Cr.) 12,506
Supports: 4.90/0.77
Resistance: 34
As long as 4.9 holds support, we can see 34, 43-52, 67-77, 91-105, 150+
NOTE: Not a BUY or SELL SIGNAL.
All updates are only for the educational and knowledge purpose.
https://in.tradingview.com/chart/JYOTISTRUC/Mk8TIvUG-Jyoti-Structures-Ltd-29-58/
Sector: Telecommunication - Service Provider
Promoters holding remains unchanged at 74.36% in Jun 2024 qtr
Mutual Funds have increased holdings from 0.06% to 0.07% in Jun 2024 qtr.
52 Week High 98
52 Week Low 58.63
All Time High 123.75
All Time Low 7.01
Book Value Per Share 25.66
Dividend Yield: 1.37
Sector PE 48.69
Face Value 2
Beta 1.13
Mkt Cap (Rs. Cr.) 7,151
Supports: 64, 49, 1.7
Resistances: 112, 291
As long as 49/1.7 holds support, I expect to see 116, 125-138, 161, 182, 219-228-243, 276
Ultimate targets: 116, 228, 276, 338-406, 516-557-626, 719, 802-846-914
NOTE: Not a BUY or SELL SIGNAL.
All updates are only for the educational and knowledge purpose.
https://in.tradingview.com/chart/TTML/DWL05Hjf-Tata-Teleservices-Maharashtra-Ltd-92-78/
Sector: Courier Services
Weak Stock
Investors should be very cautious while exercising investment decision for the stock
Promoters have decreased holdings from 69.92% to 63.66% in Jun 2024 qtr
Mutual Funds have increased holdings from 1.80% to 1.82% in Jun 2024 qtr.
52 Week High 98
52 Week Low 58.63
All Time High 123.75
All Time Low 7.01
Book Value Per Share 25.66
Dividend Yield: 1.37
Sector PE 48.69
Face Value 2
Beta 1.13
Mkt Cap (Rs. Cr.) 7,151
SUP: 55/42/34/8
RES: 98
As long as 55/34 holds support, we can see 100 first.
Further 107-114-121.
Long term targets: 150, 177, 246.
NOTE: Not a BUY or SELL SIGNAL.
All updates are only for the educational and knowledge purpose.
https://in.tradingview.com/chart/ALLCARGO/vLcG86S9-Allcargo-Logistics-Ltd-72-89/
S&P Analysis 24-Aug-2024: Bull or Bear?
CMP: 5634.45
RESISTANCE: 5678
SUPPORT: 5555
As long as 5555 holds support, we can see 5780-5880
Further 6000-6200 (ultimate target).
Below 5555, bearish.
Sector: Hotel, Resort & Restaurants
Strong Performer
Stock with consistent financial performance, quality management, and strong technical momentum indicating good investor enthusiasm. Currently valued at Good to expensive valuation
Promoters holding remains unchanged at 50.25% in Jun 2024 qtr
52 Week High 91.65
52 Week Low 41.53
All Time High 91.65
All Time Low 0.49
Book Value Per Share 7.78
Dividend Yield: 3.69
Sector PE 74.45
Face Value 2
Beta 0.54
Mkt Cap (Rs. Cr.) 700
Supports: 55/30/12
Res: 92
As long as 30 holds support, we can see 99-116, 141-157, 184-210, 289+
https://in.tradingview.com/chart/ADVANIHOTR/7jEJYdSF-Advani-Hotels-and-Resorts-India-Ltd-75-77/
Sector: Textiles & Apparel
Momentum Trap
Strong price momentum & technical indicators may tempt investors to buy this stock. Be selective, not all stocks with strong momentum have strong financials & balance sheet.
Promoters holding remains unchanged at 63.96% in Jun 2024 qtr
52 Week High 77.29
52 Week Low 44.50
All Time High 120
All Time Low 1.81
Book Value Per Share 58.67
Dividend Yield: --
Sector PE 49.83
Face Value 1
Beta 1.37
Mkt Cap (Rs. Cr.) 1,243
Supports: 60/37/15
Res: 121
As long as 37 holds support, we can see 79-88, 101-116, 137-151, 172, 260
Ultimate targets: 93, 127-148, 183-217, 272-306, 360-416, 585
https://in.tradingview.com/chart/SUTLEJTEX/7X9CKgpS-Sutlej-Textiles-and-Industries-Ltd-75-70/
Sector: Ground Freight & Logistics Services
Strong Performer
Stock with good financial performance alongside good to expensive valuation, but lacks price momentum as suggested by technical indicators
Promoters holding remains unchanged at 32.32% in Jun 2024 qtr
52 Week High 121.55
52 Week Low 80.80
All Time High 445.94
All Time Low 40.85
Book Value Per Share 37.78
Dividend Yield: 1.98
Sector PE 48.72
Face Value 10
Beta 0.97
Mkt Cap (Rs. Cr.) 5,058
Broken multiyear resistance 110.
Above 122, we can see 128-144, 171-198, 240-270 further 312-355, 485+
https://in.tradingview.com/chart/GATEWAY/CAGqOyMd-Gateway-Distriparks-Ltd-101-78/
Sector: Auto Ancillaries - Others
Strong Performer
Stock with consistent financial performance, quality management, and strong technical momentum indicating good investor enthusiasm. Currently valued at Good to expensive valuation
Promoters holding remains unchanged at 74.81% in Jun 2024 qtr
52 Week High 117.45
52 Week Low 50.50
All Time High 117.45
All Time Low 2.43
Book Value Per Share 40.12
Dividend Yield: 1.86
Sector PE 51.96
Face Value 2
Beta 1.26
Mkt Cap (Rs. Cr.) 1,073
Supports: 69, 34, 18
Upside can be 90-103 (done), 125-144, 178-199, 232-266, 368
https://in.tradingview.com/chart/MUNJALAU/YjXCqYTd-Munjal-Auto-Industries-Ltd-107-32/
Sector: Cable & D2H
Mid-range performer
Stock with medium financial performance with average price momentum and valuation. These stocks may be affordable and are showing some investors interest.
Promoters holding remains unchanged at 75.00% in Jun 2024 qtr
52 Week High 217.80
52 Week Low 148.20
All Time High 313.90
All Time Low 32.35
Book Value Per Share 103.13
Dividend Yield: -
Sector PE 36.14
Face Value 10
Beta 0.93
Mkt Cap (Rs. Cr.) 1,886
Supports: 93/32
Upside can be: 267, 375-442, 549-655, 830-934, 1107-1287, 1810
https://in.tradingview.com/chart/GTPL/udbXVrql-GTPL-Hathway-Ltd-167-71/
Sector: IT - Education
Mid-range performer
Stock with medium financial performance with average price momentum and valuation. These stocks may be affordable and are showing some investors interest.
Promoters holding remains unchanged at 70.94% in Jun 2024 qtr
52 Week High 217.80
52 Week Low 148.20
All Time High 313.90
All Time Low 32.35
Book Value Per Share 103.13
Dividend Yield: -
Sector PE 36.14
Face Value 10
Beta 0.93
Mkt Cap (Rs. Cr.) 1,886
Supports: 160/136/89/45/16
Upside can be: 216, 301, 387-438, 524-610, 747-831, 967-1107, 1521.
https://in.tradingview.com/chart/GLOBAL/F59yXuxS-Global-Education-Ltd-184-72/
TATAGOLD @ 7.08
Sector: Miscellaneous
The investment objective of the fund is to generate returns that are in line with the performance of physical gold in domestic prices, subject to tracking err. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved.
52 Week High 7.80
52 Week Low 0.00
All Time High 7.80
All Time Low 6.00
Book Value Per Share 0.00
Dividend Yield: --
Sector PE 0.00
Face Value 0
Beta 0.02
Mkt Cap (Rs. Cr.) 0
RESISTANCE: 7.8
SUPPORTS: 6
Upside can be: 8.10, 9.5, 11, 13, 16+
https://in.tradingview.com/chart/TATAGOLD/jmGKmeeO-TATAGOLD-Ltd-7-08/