In announcing the Gems, we have tried to create a stable portfolio with a India Nifty Vix trade prospect for the few months ahead.
HAL & HDFC AMC moving towards earlier ATH; Petronet LNG & JB Chem on verge of the next fresh rise with Nifty VIX the fizzy element.
Gem 1
J B Chemicals and Pharmaceuticals Ltd
Daily Chart CMP 1731.00
- Face Value: 2
- Book Value: 234
- PE: 30
- ROCE: 32%
- ROE: 24%
Improved Q1 22. Expect been valued at PE 40 and rise till 2200.
Gem 2
Hindustan Aeronautics Ltd (HAL)
Weekly Chart CMP 1128.00
- Face Value: 10
- Book Value: 461
- PE: 11
- ROCE: 26%
- ROE: 22%
Under Steady Accumulation since Jan21.
Stock will head near to ATH 1423 for a new Higher High in 2-3 months with a yearly Target of 1895.
Gem 3
Petronet LNG Ltd
Weekly Chart 226.50
PETRONET LNG is primarily to develop, design, construct, own and operate a Liquefied Natural Gas (LNG) import and reclassification terminals in India.
- Face Value:10
- Book Value: 78
- PE: 11
- ROCE: 28%
- ROE: 25%
1Q22 nearly the same as 1Q19 prior to pandemic.
Quarterly Target 270 SL 206 3-4 months.
Yearly Target 348
Gem 4
HDFC Asset Management Company Ltd
Weekly Chart CMP 2915.00
- Face Value: 5
- Book Value: 224
- PE: 45
- ROCE: 39%
- ROE: 31%
Its 37% Debt exposure versus Industry average of 31.3% could turn a plus point if Equities remain subdued.
Expecting to touch 3450-3500 2-3 months. SL 2680
Gem 5
Nifty VIX
Weekly Chart CMP 14.02
May touch 28 by Oct21 & 43 by Dec21.
Trade with your risk well covered.
