Long
Shriram Transport Finance
What I love the most in a company structure is either a B2B structure or a G2B Structure. B2C is something which is quite variable and too much chaos.
Shriram Transport Finance is a fantastic company and its a bit late and cliché to mention this but, during the various waves of pandemic, transport was the only thing which moved the nation/world.
So, on screener you can see that the Operating profit margin of this stock is mostly above 70%, Which is pretty awesome! The other finance company (The one in B2C) has gone from 4000 to 12500+ and it had to as people honestly wanted to buy dishwashers in India when Maid was a permanent chutti and men hate washing bartan (utensils) atleast Indian Men. Also, Men did not have money to buy dishwashers so loan mil jaaye interest free toh kitna achha hai.. well like dishwashers other things were purchased and I was certain "that Share" will have run of its life, and it went from 4000 to 12500. But thats it. I do not see it growing any further unless third waves hits, but even then whoever wanted to buy expensive stuff, have already done it by now...
Coming back to our Shriram Transport Finance company, I am most bullish on this stock. The levels this stock is going to show are going to be crazy. As I tell my friends, its a Bull monster in waiting !
Anyway on 4 Hour time frame I am easily looking at 1800 + targets in coming months / days. Smart Money seems to have saved this one very well.
*This is a chart pattern analysis and not a buying recommendation. Please do not trade based on this. Please take advise from a registered stock market expert with SEBI. This is only for educational purposes.
Shriram Transport Finance is a fantastic company and its a bit late and cliché to mention this but, during the various waves of pandemic, transport was the only thing which moved the nation/world.
So, on screener you can see that the Operating profit margin of this stock is mostly above 70%, Which is pretty awesome! The other finance company (The one in B2C) has gone from 4000 to 12500+ and it had to as people honestly wanted to buy dishwashers in India when Maid was a permanent chutti and men hate washing bartan (utensils) atleast Indian Men. Also, Men did not have money to buy dishwashers so loan mil jaaye interest free toh kitna achha hai.. well like dishwashers other things were purchased and I was certain "that Share" will have run of its life, and it went from 4000 to 12500. But thats it. I do not see it growing any further unless third waves hits, but even then whoever wanted to buy expensive stuff, have already done it by now...
Coming back to our Shriram Transport Finance company, I am most bullish on this stock. The levels this stock is going to show are going to be crazy. As I tell my friends, its a Bull monster in waiting !
Anyway on 4 Hour time frame I am easily looking at 1800 + targets in coming months / days. Smart Money seems to have saved this one very well.
*This is a chart pattern analysis and not a buying recommendation. Please do not trade based on this. Please take advise from a registered stock market expert with SEBI. This is only for educational purposes.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.