US0070261070 trade ideas
Aditya Birla Capita LtdAditya Birla Capita Ltd
C&H Pattern: Monthly Basis
MultiYear Price Trendline: BreakOut Needed & to be Sustained. Then Good to Go!
*With Upside, Trail SL*
*Book Profit as per Risk Appetite*
Snapshot
Holdco: Financial services businesses of Aditya Birla Group
Diversified presence in the financial services space
Growing Sales & Profitability: Qtrly (Fluctuating) / yearly Basis.
Growing TNW. Nil Borrowings: 31st Dec’22.
Satisfactory capitalisation: Consol.: Rs.18,031 Crs (Sep’22).
In ABFL & ABHFL: CAR at 17.5% & 23.7% (Dec’22)
SA basis: C&CE at Rs.249 Crs (Feb’23)
Sharp Improvement in RoA/RoCE/RoE for FY22 vs. FY21
Concern:
CF from Ops -ve for FY22.
SA Revenue = Primarily dividend income AUM / Insurance broking.
*Do Your Own Research as Well. This is Just an Opinion.*
Happy Investing :)
ABCAPITAL : ascending triangle patternABCAPITAL trading in ascending triangle pattern Keep eye on breakout of pattern
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Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
I may be 100% wrong as its my personal trade.
First Learn and then remove "L"
ABCAPITAL - Bullish Momentum BreakoutNSE: ABCAPITAL is closing with a bullish momentum 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.
AB Capital, AB of Capital Market.140-144 is the base price of AB Capital.
As per Fundamentals Balance sheet of the Company looks good.
They have Good PE Ratio of 2.31.
Book value of 62.75.
which is good for AB Capital.
It may outperform,
Long AB Capital for the target of 250/320.
NOTE: This trade is only for Long-term Traders.
Have A Good Day Traders.