Bajaj finance , another bear flag in making ..

lets see how this breakdown happens

My Notes from Minnervini Private Access Q&A Webinar

Good learnings ..

Do Read and Retweet ✌️😎

The biggest winners have great earnings on the table right near the start of their massive mega move.

Look for Eps growth and acceleration stocks

Your big winners of the next bull market will most likely be from this list

Proven methods followed by achievers like WON , DR

This is the Ideal Place to Start Buying after the Market decline

Let the Stage1 form and then buy with patience when it moves to Stage2

Cash is a position 👌

Buy the Dip is not required to get Rich

#VVVLearning

A Thread on #GNFC and a Deep Dive into it's Business

Gujarat Narmada Valley Fertilizers and Chemicals

⚡️A Chemical Major in love with a Fertilizer Minor

Retweet and Like this Thread to have a wider Reach
( A small Effort from your side could make a big Impact )

GNFC - A small peek into Valuations and Results before studying the Business

Posted Best ever Results - It was a clear Bumper

An EPS of 35 in a Quarter with a Margin of 28% and Sales at 2400 crores

Trades at a P/E of 6 ... Yes you heard me right .. A P/E of 6 ..

Well before concluding what is cheap is cheap for a reason do hear me

I question valuations a lot and always trust my charts and price more . More often i think market values stocks better than me ..

Reserves of 7200 Crores on Books with almost Zero Debt . ( I'm not Kidding)

The FII have kicked their Stake up from 14% to 17% in a Jiffy .

The Public Stake is Decreasing . A Killer combination for a stock to start it's Upward Journey .

Yes GNFC is a cyclical .. But the Antidumping duty makes it a Partial Cyclical Story and infact more of a Structural

The diversification of GNFC into many streams and chemicals rather than concentrating its dependance on just 1-2 chemicals makes this a great name .

When one product dominates a business ( That too in a Cyclical ) it's not a great place to put your feet in ..

#TATAPOWER

Following O'Neil Principle

A stock more than 50% Gains from Buy SHould be held for Minimum 8 Weeks without Selling

Implementing it here

#BajajFinance

Falling wedge No.3 😉 (last week posted #CanBank #Larsen)

#BajajFinance - When I say fresh High, it means this. Bajaj has started a fresh move. If the pullback would sustain then it would be the leader once again in coming bull market.

#BajajFinance

Chart which has closely mimicked the Nifty move since the start of October'21 correction, has made a higher swing high yesterday.

Nifty is yet to make higher swing high, but still looks promising.

Same for bajaj finance in last 17 years it never made 7 weekly red candles..
Yes 6 red candles 4-5 times...
This week closing is 6th red candle on weekly...
So does history repeats?
I will say yes..