nimblr
-
Learning
Trend Reversals – PSAR
Let us look at “Stop & Reverse” as a Trend Reversal concept. A note to understand Parabolic Stop & Reverse (PSAR). Parabolic SAR / PSAR / P SAR It is a Trend Reversal Indicator, with a feature to use the PSAR Value for Stop Loss Trailing which isn’t available with other Trend Reversal Indicators.It is an Overlay Indicator seen as Dots as an Overlay on Chart either just below or above the price as below If the trigger value is used as Entry Stop Loss, it may prove to be ‘safe’ from whipsaws in the early stages of entry before the trend…
Read More » -
Case Studies
Case Study #3 Open of the Day
In this Case Study, we are looking at the relevance of Open of the Day in Intraday Trading. Open of the day is the most ignored aspect amidst our focus on Indicators. Let us understand the importance of “Open of the Day”. Note: Your trading chart must have: ” A distinct fat orange-colored line that is always highly visible to never miss.” Why? Open Price is the first data tick that culminates into Price. Happenings in the media. World News related to instruments (Since Prev Close). Case 1 In the chart below, we look for the price to cross 2349.55…
Read More » -
5Gem
5 Gems #17
In announcing the 5Gems, we have tried to create a balanced portfolio of stable and aggressive stocks. Two good stocks providing good compounding entry are Biocon Ltd and LG Balkrishnan & Bros. Linde, Linc and Kaveri Seeds as torch bearers. Gem 1 Biocon Ltd CMP 376.45 It has the largest bio-similar pipelines comprising 28 molecules to be launched over the next decade. Only Indian company to get FDA approval for 3 bio-similar molecules. Market Cap ₹ 45,275 Cr. High / Low ₹ 425 / 315 Stock P/E 64.6 Book Value ₹ 65.7 Dividend Yield 0.00 % ROCE 10.3 % ROE…
Read More » -
StockstoWatch
9 Stocks to Watch #2
In announcing the 9 Stocks to Watch, we have tried to create a few sprinters and aggressive stocks. Stock 1 SKF India Ltd CMP 3975.00 We may see it heading to 4601. Stock 2 Visaka Industries Limited CMP 663.60 Any close below 646.25, may disturb the bullish structure the chart is trying to create. Above 682 means back to 830. Stock 3 West Coast Paper Mills Ltd CMP 245.90 This stock is on watch if it can close 246.75 in the upcoming trading days. Stock 4 United Spirits Ltd CMP 942.70 We may see it heading to 1191 soon.…
Read More » -
1 Gem - Revealing Stocks
1 Gem – Revealing Stock
Tanfac Industries Limited It is a joint sector company promoted by Aditya Birla Group, which holds a 25% stake in the company, and Tamil Nadu Industrial Development Corporation (TIDCO). The company began commercial production in March 1985 and is amongst the leading producers of Hydrofluoric Acid and its derivatives. Market Cap ₹ 697 Cr. Current Price ₹ 698 High / Low ₹ 779 / 178 Stock P/E 16.8 Book Value ₹ 111 Dividend Yield 0.50 % ROCE 35.2 % ROE 23.5 % Face Value ₹ 10.0 Int Coverage 59.3 Sales growth 3Years -2.97 % Return over 3years 44.8 % Debt…
Read More » -
5Gem
5 Gems #16
In announcing the 5Gems, we have tried to create a balanced portfolio of stable and aggressive stocks. Two good stocks providing good compounding entry are ATUL and Kirloskar Bros. Jash, Selan and Jayant Agro as sprinters. Gem 1 Atul Ltd CMP 9267.00 This company segments, namely Life Science Chemicals and Performance & Other Chemicals, under seven sub-segments, namely Aromatics, Bulk Chemicals and Intermediates, Colors, Crop Protection, Floras, Pharmaceuticals and Polymers. Market Cap ₹ 27,531 Cr. High / Low ₹ 10,975 / 6,220 Stock P/E 40.7 Book Value ₹ 1,437 Dividend Yield 0.21 % ROCE 24.0 % ROE 18.3 % Face…
Read More » -
5Gem
5 Gems #15
In announcing the 5Gems, we have tried to create a balanced portfolio of stable and aggressive stocks to focus on fundamentals Only after being satisfied with fundamentals, the pricing part is looking into for a fair price And even trends that appear to come from price over a certain sector. It seems the Phthalic Anhydride stocks are showing up well. Gem 1 GMM Pfaudler Ltd. CMP 4842.70 GMM Pfaudler (GMM) is the market leader of glass-lined equipment in India with over 50% market share. GMM was a JV between Pfaudler Inc (50.4% stake) and the Ashok Patel family (24.6%) [1].…
Read More » -
Learning
Achieving Discipline
Discipline is not something others do to you. It is something you do for yourself. The easiest and the hardest way to practice discipline is to wake up every morning at the same time. Each Day. Each Morning. Easy or Hard?. I leave that to you to decide. Discipline sounds like a very calm word. But, it’s a mammoth of a task for somebody to follow or an easy-peasy for a for someone. We all learn discipline out of our circumstances and choices. Let me share my thoughts and beliefs on Discipline which have come with time and experience.…
Read More » -
StockstoWatch
9 Stocks to Watch #1
In announcing the 9 Stocks to Watch, we have tried to create few sprinters and aggresive stocks. Stock 1 GP Petroleums Ltd CMP 47.50 It is a lubricant player, specializes in industrial & automotive lubricants, process oils, transformer oils, greases, and other specialties H / L ₹ 77.6 / 34.6 P/E 17.1 BV ₹ 46.1 FV ₹ 5.00 Int Cover 127 EPS ₹ 2.81 Is it worth Bottom Hunting? Stock 2 Creative Newtech Ltd CMP 412.00 H/L ₹ 437 / 83.9 P/E 33.3 BV ₹ 54.2 ROCE 22.4 % ROE 22.7 % FV ₹ 10.0 Int Cover 4.77 Sales growth…
Read More » -
5Gem
5 Gems #14
In announcing the 5Gems, we have tried to create a balanced portfolio of stable and aggressive stocks. The Portfolio focuses on stability, keeping in mind, we are investing in a matured bullish market. TCS Chambal Saregama for a sprint. Kopran & Orient Abrasives is at its fair value. Gem 1 Chambal Fertilisers & Chemicals Limited CMP 406.45 Market Cap ₹ 16,873 Cr. High / Low ₹ 451 / 198 Stock P/E 11.0 Book Value ₹ 143 Dividend Yield 1.85 % ROCE 20.2 % ROE 30.6 % Face Value ₹ 10.0 Int Coverage 15.3 Sales growth 3Years 19.0 % Return over…
Read More »
