Before you blindly follow my observation, Plz note that I’m not responsible for your Profit and loss!! Market is supreme, Plz protect ur capital and have solid risk management in place !!
Ex (1) , #GNFC !! Monthly charts of total volume and delivery.
I suggested long ago.
Ex (2), #Allcargo , Monthly charts of Total volume and Delivery.
Not a reco, just an observation based on the same valuation logic which I used for #GNFC . Plz don’t blindly use this logic for very Damn stock, you can lose ur money. Also I can be wrong , Do ur due diligence!!
My Simple logic-
-Months with less volume than the avg Big volume and price range bound to negative, kind of accumulation.
-Months with Avg or higher than Avg Big volume and Price booming, then it’s breakout.
Very simple logic which can also simply fail.
Random observation.
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Thread on #TataPower, Friends, This stock can move like #TataMotors slow and steady upmove!! Very good stock for long term portfolio!! Branded play on #renewables, #powersector!!
No one is talking or Interested abt it now , but once market realises its value can be Huge!! 1/n
-It had debt of 48k cr and now reduced to 36k odd,Target of reducing debt below 25k cr by end of 2021!!
-It is planning to raise Renewables Invit fund worth of 12k cr by Q4, which is planned to be used in reducing debt!!
-Planning to divest it’s non core assets to reduce debt.2/n
-Present Solar capacity of 2.6GW ,1.5GW( under construction),
Planning to increase it to 20 GW in next 5 years !!
-Planning to merge and consolidate few of its group businesses
- Won one of the largest Solar project in Gujarat !!3/n