#Commodities #Metal

Listing out the shares in metal pack where we can ride the commodity cycle even from the CMP

Will be posting long term charts here

Share and like for max reach 😊🖖

#TATASTEEL

🔩Stock is in a sideways channel since past 15y

🔩Breakout above 750

🔩 A monly close above 750 will push the stock towards 950/1050 levels

🔩 Above that it would be a decade long multi-year breakout

🔩Its going for 200/300%+ gains

🔩 On yearly charts a triangle pattern breakout can be seen

🔩Rising iron ore prices are supporting the field

🔩 All over the world major economies are giving out big infra push to get the economy going

🔩This rally is shaping well with the fundamentals and economic recovery

Though you may have lot of indicators on selecting stock for intraday.

Just add below for selection

1- stock is moving n sectors also moving. Buy stock which is leading sector

2- stock which you are buying intraday also breaking 2/50 days high give preference first.

3- whole market is down and if stock making life high must buy first

4- Try To have watch list of high beta stock which usually after signal have capacity to move 2% or more.

5- Stock which is outperforming index i.e when index fall it going up or when index up it move faster.

What NOT to do as you find a #Wedge #TechnicalAnalysis
Example chart: #Bitcoin
Notes mentioned in the chart. Hope it helps and if you find it useful, kindly retweet for a better reach 🙏🏽

Thank you @mystockedge @vivbajaj for creating these Scans.
This is the Next level and adding much needed value to my stock analysis.

Is HDFC undervalued ?

Market capitalisation of HDFC is 3,10,478 Crores. But HDFC houses listed holdings worth 2,19,437 Crores and several unlisted businesses.

FY20 profit was 21,435 Crores. Setting aside the holdings, HDFC is trading at a PE of 3-4.

Let's dig deeper. A thread.

About HDFC

They are the leaders in housing finance.

AUM: 5,16,773 Crores
Secured Lending: 97%
CAR: 17.6%
NIM: 3.4%
Average Individual Loan: 27 Lakhs
Deposit Agents: 24000
Employees: 3095
Assets Per Employee: 163 Crores
Profit Per Employee: 3 Crores
Auditor Fees: 5.28 Crores

HDFC Bank

HDFC owns 21.24% of HDFC Bank. The stake is worth 1,22,812 Crores. In FY20 HDFC Bank paid a dividend of 864 Crores to HDFC.

HDFC sources 26% of the loans through HDFC Bank. HDFC Bank has the right to buy 70% of the loans sourced.

Performance of HDFC Bank:

HDFC Life

HDFC owns 51.44 of HDFC Life. The stake is worth 61,779 Crores. HDFC Life didn't pay a dividend last year adhering to the suggestions from IRDAI.

RBI has directed HDFC to bring its shareholding in HDFC Life to 50% by 16th December 2020.

Performance of HDFC Life:

HDFC AMC

HDFC owns 52.7% of HDFC AMC. The stake is worth 27,230 Crores. Last year HDFC AMC paid a dividend of 135 Crores to HDFC.

AUM: 3.7 Lakh Crores

Performance of HDFC AMC:

Here is the most respectable biz house

House of #tata

Biggest wealth creators #companies

It's a must read

#Nifty
March20 low of 7511, taking 75 days trading cycle , here's an observation

The low or high made on each 75th day, when crossed and closed above/below it , market has moved in that direction for the next 75 days, happened twice so far, next such date to watchout is 16 Feb.

A month gone by and this analysis is working out well so far 😉🤑

Some key #Candlestick #Patterns which could light the way for every trader
Frequently seen;
#BearishEngulfing
#BullishEngulfing
#Hammer/#Spike
#BullishHarami
#BearishHarami
#BullishBelthold
#BearishBelthold
Rare
#HomingPigeon
#ShootingStar
#TweezersTop Bottom
#Island
#HangingMan

#FreeTip
#Positional
How to assess if a stock is too extended? Many find it difficult to assess the matured stage of a very strong uptrending stock.
1 easy way is avoid entering in the 5th base onwards during Stage 2 of the stock. For eg, Base count of #Intellect is in pic.

#ADANIENT kaha jaake rukega?

- Next up Channel Top if crosses today's high so that comes to around 1250 - 1300 zone

Importance of Previous Week High/Low?

When Market is Bullish it will take support from PWL,Can see bounce

When Market is Bearish it will face resistance on PWH,Can see reverse

Example:So far Nifty is Bullish till PWL respecting,trend will change when PWL Breaks with Volume