• Recent
  • Categories
  • 0 Unread 0
  • Popular
  • Tags
  • More
    • Guidelines
    • Disclaimer
  • Users
Skins
  • Light
  • Default
  • Cerulean
  • Cosmo
  • Flatly
  • Journal
  • Litera
  • Lumen
  • Lux
  • Materia
  • Minty
  • Morph
  • Pulse
  • Quartz
  • Sandstone
  • Simplex
  • Sketchy
  • Spacelab
  • United
  • Yeti
  • Zephyr
  • Dark
  • Cyborg
  • Darkly
  • Slate
  • Solar
  • Superhero
  • Vapor
Collapse
Definedge Forum Logo
PrasiddhShroffP

Prasiddh Shroff

Definedge

About
Topics
84
Replies
163
Groups
3
Followers
48
Following
0

All Replies

Recent Best Controversial

    Master Momentum Trading
  • Prasiddh Shroff

    @Bhupen M Sir, you'll get the webinar recording only if you register for the event. It might not be uploaded to Gurukul later


  • Radar
  • Prasiddh Shroff

    Sir we already have Radar (Fundamental Analysis) included in the Zone Mobile Application. You can access this by going to Dashboard -> Fundamental Analysis in the Zone App


  • Query for Prasidd
  • Prasiddh Shroff

    Hello sir,

    You can check the "Sector Bytes" tool under the Tools section of Radar. Here you will get the sector-wise growth for Sales and Profit and compare it with the GDP growth (approx 6.25-6.5%)
    image.png


  • "Backtesting" vs "Backtesting with Historical Data"
  • Prasiddh Shroff

    @Kuldeep Mishra

    Backtesting: This method tests a strategy using past data, but it always uses the current Nifty 50 stocks, even for previous years.

    Backtesting with historical groups: This method tests a strategy using the actual Nifty 50 stocks from each year. For example, if you're backtesting from 2018, it will use the Nifty 50 stocks that were part of the index in 2018, and so on for other years.


  • Promoters + Institutions Favourite Companies = Triple Boost
  • Prasiddh Shroff

    @Ravi Shinde sir we already have % away from 52W high and % away from ATH parameters 0f71f399-9b5a-4ae3-ae6d-d44c1c0bf336-image.png


  • How to set number of boxes in affordable entry.
  • Prasiddh Shroff

    @Manoj Bagul hello, you can use the below pattern
    fc722d89-8582-475b-9137-43e423076221-image.png dd475a4d-a72a-4d72-b100-d5cb626178a7-image.png


  • Equity Trades
  • Prasiddh Shroff

    @Shobhit Acharya
    DII reduction is a small concern, else the Profit CAGR would grow if the company keeps posting good numbers for more quarters (past instances should not be the decider for future business performance)


  • Equity Trades
  • Prasiddh Shroff

    @Shobhit Acharya

    CarTrade has posted great Quarterly numbers too
    dcf86d8d-96ed-4abc-acac-b13fc9771580-image.png

     
     
     
    Total 463 companies have reported quarterly numbers from NSE and only 12 have qualified by this scanner, CarTrade is one of them
    c62a819a-9417-4a49-ba27-70b6d13e0d03-image.png


  • Please add Book Value Yearly in Radar
  • Prasiddh Shroff

    Hello Nishant ji,

    Thanks for the suggestion, I will get the "Book Value" added in the Balance Sheet table year wise, as it is a component of the Balance Sheet


  • Computer Age Management Services Ltd - CAMS
  • Prasiddh Shroff

    image.png

    CAMS turned out to be a doubler in exactly a year


  • RADAR
  • Prasiddh Shroff

    Hello sir

    Glad to hear that you are finding the Matrix tool useful. Currently we do not have the functionality to use ATH Sales and Profit in Scanners, but you can use the "Groups" feature in Matrix and run the scanner on same group in Scanners

    I will try implementing the ATH Sales and Profit conditions in scanners too


  • d smart in renko
  • Prasiddh Shroff

    @CHITRA V
    Hello,
    P stands for Pullback in the D Smart Indicator. You can read more about the indicator here - https://www.definedgesecurities.com/library/d-smart-line-renko/


  • Request for Preferential allotment feature addition
  • Prasiddh Shroff

    Hello Sir,

    We do not have a scanner for "preferential allotment" in Radar, but you can use the "Live News" tool to search for companies initiating preferential allotments. You can also select a date range and a group on which you want to search this news for

    image.png


  • BREADTH -BANKNIFTY BREADTH 100% IN OVERBROUGTH ZONE
  • Prasiddh Shroff

    @Nidhi Gupta Hello, You can select the P&F X percent tool under the "Breadth" Menu
    6f5c3edd-5066-40d0-b48b-a0d2b3958580-image.png

    Upon clicking on the P&F X Percent tool, you will be shown a Pop-up for selecting the group, you can select your favorable group and time frame to get the output
    053466b3-ab0d-4922-9625-bf3aee2495a3-image.png


  • UNO Minda Ltd. - UNOMINDA showing signs of early breakout after a long consolidation of 2 years
  • Prasiddh Shroff

    UNOMINDA has already moved more than 60% in less than 3 quarters, and is till looking great

    7d656e87-8a44-4288-a48b-6b008de025c5-image.png

    On the Fundamentals front as well, the company reported the Highest Ever Quarterly Sales and the Highest ever Quarterly Profit in the Q4 of FY24

    a281d429-4c2b-4609-bd69-13820d517288-image.png

    New Entries and New Agreements:

    ac8604ed-d88e-4f34-bdd4-0dfcc1016033-image.png


  • How to ….
  • Prasiddh Shroff

    @MITESH SHAH You can click on the checkbox that says "show companies with only latest quarter results" enabling this checkbox will give output for only the latest quarter, however selecting latest year function is not available


  • How to ….
  • Prasiddh Shroff

    @MITESH SHAH Hello sir, the scanner captures the latest available data, we get data from a data vendor, you will be able to scan for 2024 annual numbers once the data vendor updates the data for the same


  • How to ….
  • Prasiddh Shroff

    @MITESH SHAH said in How to ….:

    1. Current year (2024-yearly) sales growth > 50 %
      Last year (2023-yearly) sales growth > 50 %
      Current year (2024-yearly) Net profit growth > 50 %
      Last year (2023-yearly) Net profit growth > 50 %

    Hello Sir, you can use the following Query:

    Sales Yearly > Sales 1yr Back * 1.5 AND
    Sales 1yr Back > Sales 2yr Back * 1.5 AND
    Net Profit Yearly > Net Profit 1Yr Back * 1.5 AND
    Net Profit 1Yr Back > Net Profit 2Yr Back * 1.5

     
     

    @MITESH SHAH said in How to ….:

    1. Q4 2024 YoY (2024-quaterly) sales growth > 50 %
      Q3 2024 YoY (2024-Quaterly) sales growth > 50 %
      Q4 2024 YoY (2024-quaterly) Net profit growth > 50 %
      Q3 2024 YoY (2024-Quaterly) Net profit growth > 50 %

    Sales Quarterly > Sales 4Qtr Back * 1.5 AND
    Sales 1Qtr Back > Sales 5Qtr Back * 1.5 AND
    Net Profit Quarterly > Net Profit 4Qtr Back * 1.5 AND
    Net Profit 1Qtr Back > Net Profit 5Qtr Back * 1.5


  • Sudarshan Chemicals
  • Prasiddh Shroff

    This was so very well-timed! @Ab


  • Gold Glitters, Nifty Fizzles - Breakout on the Ratio chart
  • Prasiddh Shroff

    Gold/Nifty ratio chart has given a fresh breakout of the trendline since March 2023

    Breakout on the ratio chart signifies the Relative Strength of the numerator (Gold) as compared to the denominator (Nifty 50)

    Screenshot 2024-04-01 113807.png


  • How change in Management changes the entire game
  • Prasiddh Shroff

    Why the Management of any company (especially Banks) plays an important role:

    The management of the two giant private banks has changed in the last 5 years, which changed the complete trajectory of their businesses as well as their stock price returns

    ICICIBANK changed its management in late 2018 after the Chanda Kochhar fiasco:

    b91b6e27-f658-4430-97c3-3154745073a4-image.png

    The management of HDFCBANK changed in 2020-21 when Mr. Aditya Puri stepped down from the CEO position after serving the bank for over 25 years.

    f49c0404-d3e5-47a4-bd51-75ea62e257f5-image.png

    Ratio chart of ICICIBANK divided by HDFCBANK shows the sheer outperformance of ICICIBANK since they changed the management
    94462569-c846-43c9-a170-2fd63d86f386-image.png

    Will this trend continue?

    Historically, the valuations of HDFCBANK have stayed at a premium over ICICIBANK valuations, but there were very few times when the valuations of ICICIBANK enjoyed the premium over HDFCBANK, the current scenario is one of those times

    Only time will tell if HDFCBANK can have a comeback or if ICICIBANK will come out as the new leader


  • Excited for the Q3 FY24 Earnings Season? Check the Results Calendar for FREE
  • Prasiddh Shroff

    It's time for the Q3 FY24 Earnings season! Explore the Results Calendar organized by groups/sectors, and analyze the Results Snapshot – All for Free - https://bit.ly/Radar-Results-Calendar

    065ff94c-f6b7-4f81-80b9-9e41cf3b5895-image.png


  • Fundamental Research Report on NRB Bearings Ltd
  • Prasiddh Shroff

    The stock moved swiftly in a short period, the chart looks even stronger now

    The company has great fundamentals(Perks & Pitfalls Score of 85) with market leadership in the bearings segment

    57f1c253-59e4-4aaa-ab1a-897a8b085c86-image.png


  • Bluechip or Midcap or Smallcap - What are you buying?
  • Prasiddh Shroff

    @Rajeev Talasikar Sir this chart is available for free in Zone Web Terminal - zone.definedgesecurities.com/#chart

    269b71b4-d762-4ad4-8fe7-4f9d49a6e195-image.png


  • RADAR EPS GROWTH parameter does not work
  • Prasiddh Shroff

    @Tv Hello sir, there was a glitch in the scanner parameter for EPS growth, and it has been fixed now. Sorry for the inconvenience caused

    You can now run the same query and you will get your favourable scanner output

    9b206d0b-9f75-41ce-aafe-2f3082e5e5b2-image.png


  • Unlocking the Secrets of the Auto Ancillary Sector: My Insights for You
  • Prasiddh Shroff

    Greetings!

    As a Research Analyst at Definedge Securities, I'm passionate about unlocking the mysteries of the market and sharing valuable insights to empower your financial decisions. Today, I'm excited to unveil our latest research report delving into the dynamic world of the Auto Ancillary Sector.

    Here's a glimpse of what's inside:

    • Post-COVID Boom: Sales and profits soar in the auto industry, fueled by SUVs and experience-hungry consumers.
    • Global Hub: India's auto manufacturing prowess attracts investments, boosted by the PLI scheme.
    • Tesla and other International OEMs plan to double their imports into India opening doors to a vast global market, offering immense potential for auto ancillary companies.
    • EV Revolution: Get ready for specialized components as the electric vehicle wave hits!

    So, unleash your inner investor and unlock the secrets of the Auto Ancillary Sector!

    Click the link below to access the full report and take control of your financial journey:
    https://insight.definedgesecurities.com/research/auto-ancillary-sector-report/

    Screenshot 2023-12-08 112622.png


  • Power of Low Float (less Retail Holding) - Recent Example is the Adani Group
  • Prasiddh Shroff

    https://forum.definedgesecurities.com/post/2301

    Adani Stocks are on fire lately, let's check the free float for all Adani Companies

    What is a Free Float?

    Free Float refers to the shares out there in the wild – the ones held by the everyday folks, the Retail Public, ready to be traded. It's like the chunk of ownership that's not in the hands of the bigwig promoters and institutions. These are the shares that are available for trading in the market.

    Lesser the Free Float, Swiftier the moves in stock price

    c2457279-7af4-4ee6-92c8-f5e336ffeffd-image.png

    Check out the chart above – it's pretty clear that a significant chunk of ownership in most Adani companies is in the hands of the big players, the promoters, and institutions. There's not much free float, meaning not a whole lot of shares are up for grabs from the general public

    Now let's check how the prices have moved in the last 2 weeks:

    28a9ca71-5968-4519-84a8-634af7c48177-image.png

    Adani Total Gas, with the least available shares for public trading, has experienced the most substantial surge in the past two weeks. The stock has nearly doubled in value within this short timeframe.

    Less Free Float is a double-edged sword, when the tides turn, stocks with less free float also tend to fall rapidly


  • Promoters + Institutions Favourite Companies = Triple Boost
  • Prasiddh Shroff

    Companies Where All Three (Promoters, FII, DII) Amped Up Their Stakes Last Quarter

    It is usually a lethal and game-changer combo when Promoters/Owners, Foreign Institutions, and Domestic Institutions all add to their stakes in a single quarter in any company

    d0bb9f07-e5a8-4a38-ba7e-d7fdb933fb0a-image.png


  • ADANI Stocks Riding the High: What's Fueling the Surge Today?
  • Prasiddh Shroff

    SEBI & SC giving a hard time to Adani Haters

    SEBI assured the Supreme Court they're not dragging their feet, having wrapped up 22 out of 24 Adani cases. The remaining 2 just need some intel from foreign regulators. Solicitor General Tushar Mehta hinted at possible further investigations based on new info.

    Despite concerns about market volatility from short-selling, the Supreme Court backed SEBI, rejecting claims of an inadequate investigation. They emphasized that probes can't solely rely on media reports.

    The court brushed off the Hindenburg report, refusing it as evidence and denying a probe into major financial institutions. Post this, Adani group stocks like Adani Enterprises, Adani Power, and Adani Total Gas all saw over 6% intraday gains, joining the celebration.

    Our Technical charts expert @Brijesh-Bhatia says he might have identified a potential emerging trend @Brijesh Bhatia said in Emerging Trend on Adani Stocks – Says our Exclusive Indicator:

    Adani Group stocks as they surge with bullish momentum, triggered by the recent Supreme Court development in the Adani-Hindenburg case. As of 10:00 am, Adani Stocks dominates the Top 10 gainers for the day, showcasing a promising start.

    5f362994-4c45-4eef-9feb-638b4745e24f-image.png
    Source: Rzone, TradePoint

    Our Leading Indicators Says.....
    Our cutting-edge proprietary indicator, the Adaptive RSI, points towards a renewed bullish wave across most Adani Stocks. Exclusively available to our Definedge clients in the indicator section, this tool sets the stage for informed investment decisions. Signup here for Definedge Securities

    We're thrilled to offer our existing Definedge clients to access to this exclusive indicator. Elevate your trading experience – it's available now in the indicator section.

    Let's dissect the charts of Adani Enterprises (top left), Adani Ports (top right), Adani Green (bottom left), and ATGL (bottom right).

    7edca709-83ad-4010-9a27-d8710678d5c4-image.png

    Observe the two lines on the chart? That's the Adaptive RSI (ARSI) indicator, a unique feature available only on TradePoint. Ready to leverage this powerful tool for your trades? Just open an account with us.

    The ARSI isn't your typical indicator – it factors in both momentum and volatility in its calculations. A bullish crossover coupled with widening indicates the emergence of a strong bullish trend, and it's unfolding in Adani Group stocks. Seize this opportunity, as highlighted by our distinctive indicator.

    Don't miss out on the potential gains – ride the Adani wave with confidence and TradePoint's exclusive Adaptive RSI indicator.

    Note: We are highlighting the emerging trend, as signalled by the indicator, and this should not be considered as a recommendation.


  • Sector Bytes: A Game-Changer for Sectoral Analysis and Performance in Radar
  • Prasiddh Shroff

    Ever wondered how your favorite sectors or indices are stacking up this quarter? Wonder no more!
    Introducing our newest Radar tool - "Sector Bytes." Your go-to for a holistic view of Sectors/Groups/Indices performance.

    What's cooking?

    • Snapshot Overview: Peep into how sectors, groups, and Nifty indices rocked the last quarter.
    • Median Metrics: Effortlessly compare Nifty Sectors, Indices, and Definedge Groups' median metrics – it's group-level insights on steroids!
    • Explore Intensively: Get down and dirty with individual sectors, spotting the rockstars and those needing a little pep talk on sales, profit, margins, and all the good stuff.
    • Trend Analysis: Ride the wave with key metric trends over the last four quarters – bars next to the median keep it visual and snazzy!
    • Lookback Periods: Time travel anyone? Analyze sectoral medians through history for that full-on perspective.

    Learn more about the feature - https://www.definedgesecurities.com/new-features/radar/
    Explore here: https://radar.definedgesecurities.com

    8aaf4842-a51a-4469-87a4-6f9a8d966e97-image.png


  • piotroski f score
  • Prasiddh Shroff

    @Neha V Hello, We have implemented the Piotroski Score in Scanners in our latest release

    962430e0-c352-4a10-adb4-7005a7de203d-image.png


  • Q2 FY24 (Second Quarter) Earnings Season is now over - Stocks to Track
  • Prasiddh Shroff

    Earnings Season is now over for the Q2FY24, below is the query you can use to filter out companies that have posted good numbers along with improved margins

    I have made the scanner public - https://radar.definedgesecurities.com/newScanner/789

    Or you can make changes and tweak the numbers in the below query as per your taste:

    Quarterly Net Profit Growth YoY>10 AND
    Quarterly Sales Growth YoY>10 AND
    Quarterly OPM>OPM 4Qtr Back AND
    Market Cap>100

    • You can save the scanner results as a group and use RZone for Technical Scans. One of my favorites is looking for stocks with Relative Strength. I usually run the Top-Down Approach scanner to find stocks in this group that are stronger than both Nifty 50 and Nifty 500.

  • UNO Minda Ltd. - UNOMINDA showing signs of early breakout after a long consolidation of 2 years
  • Prasiddh Shroff

    Key Triggers:

    b151de98-53b4-4478-bbc5-176756ff22d7-image.png

    • The company is engaged in the business of manufacturing of auto components including auto electrical parts and its accessories and caters to both domestic and international markets.

    01e03d82-b544-4e6f-8e2c-62a37b0cc8b0-image.png

    85e1bafd-50a3-435f-8778-5b64ad7f23ac-image.png

    • The company is undergoing big expansions which shall help the company to clock great numbers
      4fc3f792-85ea-4447-a38c-0b2a017203df-image.png
      db3ee45b-3cc2-4e28-bae3-b3d3e2740182-image.png

    Technicals:

    • UNOMINDA has a great chart formation on the 1% x 3 PnF chart, the stock is on the verge of giving a triple top buy signal on closing above 637.

    • The stock has also shown an interesting pattern of Bear Trap above the 10SMA which is also a sign of bullishness
      Screenshot 2023-11-13 115233.png


  • Antony Waste Handling Cell Ltd - AWHCL
  • Prasiddh Shroff

    Achieved the target today, the company is very good on the fundamentals front as well

    Moved 37.5% in 3 months

    image.png


  • Craftsman Automation Ltd
  • Prasiddh Shroff

    Point & Figures:

    ee69eb14-87e8-41a5-818a-ea72bbec8eeb-image.png
    The stock has an amazing chart setup with a low risk high reward making it a R:R of 1:3

    Quarterly Results:

    aab7dc50-47fb-4ef2-b01c-924b7ab6560b-image.png
    The company has posted amazing numbers for the Q2FY24

    Perks & Pitfalls:

    d5171ffd-1c26-4fcb-bb09-eb2e91a6e94b-image.png

    Shareholding:

    87e6f722-8276-428f-8aab-0e5ba3b0ce03-image.png
    The FIIs and the DIIs have been increasing their stakes consistently while the Retailers are reducing


  • Fundamental Research Report on Landmark Cars Ltd - Insights from Definedge Securities
  • Prasiddh Shroff

    We are thrilled to present our latest research report on Landmark Cars Ltd, an established player in the automotive dealing industry since 1998, which specializes in premium and luxury passenger vehicles.

    Key Highlights from the Report :

    • Established in 1998, Landmark Cars focuses on premium and luxury passenger vehicles and has recently entered the electric vehicle market with BYD and MG Motors
    • The company operates through subsidiaries, representing specific brands, playing a vital role as intermediaries between auto manufacturers and customers
    • Landmark's revenue primarily comes from vehicle sales and after-sales services, including spare parts and accessories
    • Their diversified business model includes after-sales services, pre-owned vehicles, and insurance, reducing risks and enhancing customer retention
    • The company strategically focuses on localized exclusivity, serving as exclusive dealers for specific brands in their regions
    • Strong OEM relationships offer competitive advantages, stable revenue streams, and opportunities for cross-selling services
    • Landmark Cars is increasingly emphasizing after-sales services and pre-owned vehicle sales, leveraging its resources and technology to streamline costs
    • This research report provides valuable insights into Landmark Cars' operations, growth strategies, and financial performance.

    Access the full research report on Landmark Cars Ltd - https://insight.definedgesecurities.com/research/landmark-cars-ltd-fundamental-research-report/

    Thank you for your continued trust in Definedge Securities.

    fa07e2e6-694f-46cc-862d-6452585b8276-image.png


  • Gold Long Term Chart looks promising
  • Prasiddh Shroff

    Gold updated chart

    image.png

    image.png


  • Exploring the Market's Forward Trajectory
  • Prasiddh Shroff

    The market is at an interesting juncture, it seems like an excellent opportunity to add on fundamentally good companies

    How did I identify such companies using a Funamental+Technical Approach:

    Nifty Analysis:

    Nifty broke the previous low of Aug 31 - 19921 but is now trading at an interesting juncture having 3 support levels as mentioned in the chart below

    7c61d381-f8fc-439c-a0e4-ffc18f31d079-image.png
     

    Nifty Outperformers / High Relative Strength:

    I ran a Performance scanner on RZone to find companies still trading above the lows of Aug 31 Total Market. Impressively, only 171 companies remain 3% above their 31/08/2023 lows, demonstrating the strength

    7a7da5c1-2d60-4bb9-b3cd-ec65fa0887d6-image.png
     

    Filtering companies with good fundamentals:

    I now made a group of these 171 companies in Rzone in order to run a fundamental scan in Radar

    Ran a scan in Radar and among the 171 companies, approximately 10% (18 companies) have reported Qtr Rev and PAT growth of 10% YoY:

    8bc5933b-b984-4d81-841f-5ea78021d967-image.png

    Note that, as of October 25, not all have disclosed their Q2 FY24 results

    If we run the scan on all the companies not limiting them to only the latest results then 75 companies get filtered out of 171

    71ab9c3d-4e81-4431-999c-f6ca52590ba4-image.png
    51b3b80c-b68a-40dd-9fc8-ecc0d37a4b54-image.png

    These companies now are Relatively stronger compared to Nifty and also have reported good numbers


  • Is it a Top in Place on the Small Cap Index?
  • Prasiddh Shroff

    I will add more to the insight:

    Here is the list of small-cap companies that qualify for the following parameters, which can be kept an eye on since they have posted good quarterly numbers and are also trading within 15% of 52week high as of Oct 24

    Market Cap < 8000 AND
    Market Cap > 250 AND
    Quarterly Net Profit Growth YoY > 15 AND
    Quarterly Sales Growth YoY > 15 AND
    Quarterly OPM > OPM 4Qtr Back AND
    Price Within Fifty Two Week High < 85

    image.png


  • Is it a Top in Place on the Small Cap Index?
  • Prasiddh Shroff

    @Brijesh-Bhatia Great insights sir


  • Exciting New Features Radar - Historical Ratios, Price CAGR, CapEx CAGR
  • Prasiddh Shroff

    Hello everyone, I wish you a Happy Navratri and a happy weekend

    We are thrilled to announce that we introduced two advantageous features in Radar this week:

    1. Historical annual ratios along with Median (red & green highlights are in comparison with Median), also click on the chart to see the trend

    2. Added Price and CapEx (gross block) CAGR to the Performance tab

    d7cf26d9-62e4-41a2-bb03-97a81e24629b-image.png

    a0c24965-f711-4915-8099-639a12b879ee-image.png

    Read more about the features here- https://www.definedgesecurities.com/new-features/radar/


  • CCL Products Ltd (CCL)
  • Prasiddh Shroff

    CCL has an interesting chart setup on the point & figure chart, the stock has been taking multiple supports on the 45° trendline and now has given a short-term triangle breakout with the vertical counts suggesting targets as 779 and 896, the pattern would be invalid on closing below the DBS at 635 making it a very rich R:R

    d2206130-5bc7-4697-9b4c-4d191e07aab1-image.png


  • Multi-Bagger 10X Candidate - ROUTE
  • Prasiddh Shroff

    One can read a detailed Funda-Techno Research Report on Route Mobile here:
    https://insight.definedgesecurities.com/research/route-mobile-funda-techno-research/

    dffe979f-21f3-45c4-a6d9-c8f08367a291-image.png


  • Multi-Bagger 10X Candidate - FSL
  • Prasiddh Shroff

    Riding the same boat as you sir @Kaushik-Akiwatkar

    https://forum.definedgesecurities.com/post/1139


  • L&T Finance Holdings Ltd - L&TFH
  • Prasiddh Shroff

    Screenshot 2023-10-17 104133.png

    L&TFH has a very interesting chart, is breaking the previous resistance of June 2019, making it a strong 4-year breakout

    361a65d1-55e5-46d3-aa20-a55519cb9bb0-image.png


  • Deepak Fertilisers And Petrochemicals Corporation Ltd. (DEEPAKFERT) seems bottoming out
  • Prasiddh Shroff

    Screenshot 2023-10-16 100517.png

    DEEPAKFERT is showing an intriguing chart pattern on the 0.25% x 3 Point and Figure (PnF) chart. It appears that the stock has reached its low point and is now ready for a rapid upmove. This setup offers a low-risk opportunity, with a stop loss of only 5% and the potential for a 22% gain, making for an attractive risk-to-reward ratio

    a2fd076f-12cf-462c-b906-ca1048695cde-image.png

    Similarly, on the candlestick chart, the stock has begun trading above significant moving averages, including the 21EMA, 50EMA, and 200EMA. This shift is accompanied by a substantial volume increase at lower price levels.


  • Gold Long Term Chart looks promising
  • Prasiddh Shroff

    The gold weekly chart on MCX is looking quite impressive. It broke through the resistance from August 2020 and recently retested those levels, leading to a solid uptick last week. There's also some good news as it broke a minor declining trendline.

    af1e28a7-586a-4b83-8cbd-b8e2257fb2fc-image.png


  • Fundamental Research Report on NRB Bearings Ltd
  • Prasiddh Shroff

    We are thrilled to present our latest research report on NRB Bearings Ltd, India's leading needle roller bearing producer. Here are the key highlights:

    • NRB is a crucial player in the Indian automotive industry, with 90% of vehicles relying on their components.

    • They offer a wide range of precision solutions and complete bearing design services.

    • NRB's diversification and strategic investments make them well-positioned for EV growth.

    • With exports to 45 countries and a global presence, they're primed for international opportunities.

    • Favorable industry trends include OEMs shifting from China and government initiatives boosting domestic demand.

    • Promoters have steadily increased their ownership stakes over the past four consecutive quarters.

    This research report provides valuable insights into NRB Bearing's operations, growth strategies, and financial performance.

    Click the link below to access the full research report: https://insight.definedgesecurities.com/research/nrb-bearings-ltd-fundamental-research-report/

    3cb4909f-39a4-444a-82e8-4cc3ccad76b2-image.png


  • KEI Industries Ltd - Interesting setup
  • Prasiddh Shroff

    KEI has started moving, keep an eye on it!


  • BBTC - Interesting chart setup
  • Prasiddh Shroff

    BBTC boasts an exceptional chart configuration on the 0.25% x 3 PnF chart. It displays an ABC pattern with a long consolidation phase. Breaking the trendline is likely to lead to a quick upward momentum

    Screenshot 2023-10-10 123741.png


  • KEI Industries Ltd - Interesting setup
  • Prasiddh Shroff

    @Rajnandini Darkase Hello, Perks and Pitfalls covers Valuation pointers too, I'm glad that you liked the feature, thank you for the feedback


  • KEI Industries Ltd - Interesting setup
  • Prasiddh Shroff

    Technicals

    KEI has a good setup on the 0.25% x 3 PnF chart, the stock is coming out of a brief consolidation

    350a5787-87a2-4cc8-bda9-d4e78cd569e0-image.png

    Fundamentals

    KEI Industries stands as a prominent player in the Indian market, specializing in the production and promotion of cables and wires. Their extensive product lineup spans from residential wiring solutions to Extra High Voltage (EHV) cables, making them one of the rare manufacturers of EHV cables in the country. With their in-house cable manufacturing capabilities, they have strategically expanded into providing Engineering, Procurement, and Construction (EPC) services for power and transmission projects.

    Perks & Pitfalls

    37447c28-c81c-42b9-9e7d-df76bcecb796-image.png

    The company is a high-growth company but also is trading at a very high valuation


  • MPS Ltd - An update on Research Report - Up by over 12% in 2 trading days
  • Prasiddh Shroff

    On September 29th, I published a comprehensive Fundamental+Technical research report on MPS Ltd. In a mere two trading days since then, the stock has witnessed an impressive 12% increase, amounting to a significant gain of 200 rupees

    b7885a63-8989-4dfb-a390-cafca1c72856-image.png

    Check the report here - https://insight.definedgesecurities.com/research/mps-ltd-funda-techno-research-report/


  • How to make Cash Groups as per MktCap for Zone, RZone from Radar
  • Prasiddh Shroff

    Thanks for sharing this sir, alot of users shall find it useful


  • Introducing "Perks and Pitfalls" - Revolutionizing Fundamental Analysis on Radar
  • Prasiddh Shroff

    Dear @Pankil Lukkad, we appreciate your feedback. The P&P score considers data from various timeframes, including daily, quarterly, and annual figures. You can check the score during each quarterly results season.

    Yes, Score above 50 can be considered as a fundamentally sound company


  • Introducing "Perks and Pitfalls" - Revolutionizing Fundamental Analysis on Radar
  • Prasiddh Shroff

    New Feature in RADAR!

    We are thrilled to introduce an exciting new feature that is set to elevate your fundamental analysis experience on our platform. Say hello to "Perks and Pitfalls" – a proprietary tool designed to provide you with invaluable insights into Indian companies like never before.

    "Perks and Pitfalls" is your go-to resource for an in-depth evaluation of Indian companies. It offers a comprehensive list of both the strengths (perks) and weaknesses (pitfalls) of each company, making it easier than ever to assess their overall health and potential.

    337e55e5-f72d-4a55-bcca-5b8633231dce-image.png

    • How Does It Work? : Our team of experts has meticulously curated a list of pros and cons for each company in our database, covering various aspects of their operations, financial health, Shareholding Insights, Past Performance, Financial Ratios and industry standing. These insights are now just a click away, allowing you to quickly understand the critical factors that may influence your investment decisions

    • Introducing the Proprietary Scoring System : But that's not all! We've taken it a step further by introducing a proprietary scoring system that condenses all the perks and pitfalls into a single, easy-to-understand score. This score will serve as a reliable gauge, helping you determine whether a company is a sound investment or one to approach with caution. It's your shortcut to smarter, more informed investment decisions. Companies having score between 0 and 25 will be labelled as Gambles, score between 26 to 50 will be Middlers, and the companies with score above 50 can be considered as Aces

    • Perks and Pitfalls Score as a parameter under scanners : You can now filter out companies using the perks and pitfalls score as a parameter in Scanners (for example: Perks Pitfalls Score > 50)

    • Why "Perks and Pitfalls" Matters
      Saves You Time: No more sifting through pages of information. Get a holistic view of a company's strengths and weaknesses at a glance
      Enhances Decision-Making: Make informed investment choices based on a company's overall score.
      Risk Mitigation: Identify potential pitfalls to avoid unpleasant surprises down the road.
      Invest with Confidence: Use our insights to confidently invest in companies that align with your financial goals

    We are committed to continually improving your experience on Radar, and "Perks and Pitfalls" is just the beginning. We believe that this feature will empower you to make more confident and strategic investment decisions.

    We can't wait to hear your feedback on "Perks and Pitfalls." Your input will be invaluable as we continue to refine and expand our offerings.

    Explore the "Perks and Pitfalls" feature today and let us know what you think. Your success is our success.
    https://radar.definedgesecurities.com/


  • Ratios I use to Scan stocks on Radar to identify strong Fundamental companies
  • Prasiddh Shroff

    Dear @Deepak Patwardhan, we appreciate your feedback. The P&P score considers data from various timeframes, including daily, quarterly, and annual figures. You can check the score during each quarterly results season.


  • Ratios I use to Scan stocks on Radar to identify strong Fundamental companies
  • Prasiddh Shroff

    @Nishshkumar Jaani,CFTe Sir we have come up with a scoring based on Fundamentals, you can check the score of each company individually or can make a scanner query example - Perks Pitfalls Score > 70 which will show companies that score only above certain marking

    Read more about the feature here - https://www.definedgesecurities.com/new-features/radar/


  • Within 9%
  • Prasiddh Shroff

    @Tapan-Jani Haha i hope your doubt is solved, thanks @The-Wealth-Vriksh


  • Ratios I use to Scan stocks on Radar to identify strong Fundamental companies
  • Prasiddh Shroff

    @ARUN MOHAN Hello, you've got it right. The parameters I mentioned earlier are meant to find companies that are already doing well. They can help us check their technical strength and maybe start trading with them. Just to clarify, these parameters are for finding companies that are already growing, not necessarily those that are undervalued.

    So, companies that are still performing strongly even when their industry is down will meet these criteria. And the values that I have entered above are not rigid and rather are very lenient, so I don't think the companies will be missed out if they are performing despite industry in a downtrend


  • Market Outlook for Short Term
  • Prasiddh Shroff

    Taking a broader perspective of the market, it appears that Nifty may face challenging conditions ahead. This observation is based on the early indications of other asset classes such as Commodities, Government Yields, and USDINR outperforming Nifty. When the ratio charts of these alternative assets compared to Nifty consistently trade above the MAST indicator on all charts, it would confirm a short-term peak in Nifty.

    Additionally, the breakouts in several stocks are not maintaining their upward momentum and are instead retracing, which could be another early sign of weakness in the market.

    25ec7d8f-27c6-402c-b62e-d6dc6d21ab91-image.png


  • Low Free Float in PSUs
  • Prasiddh Shroff

    PSU.png


  • Central Bank Of India - CENTRALBK
  • Prasiddh Shroff

    CENTRALBK updated chart, moved over 42% in just a month, crazy rally in PSUs

    image.png


  • Scanner for fundamental analysis.
  • Prasiddh Shroff

    Hello @Gaurav-Garg,

    Nifty 750 is a good universe to select stocks for the long term as it will also include micro-caps,

    you can use the below query to identify fundamentally good companies:
    D/E < 1 AND
    ROCE 5yr Avg > 20 AND
    NPM 5yr Avg > 6 AND
    Net Profit 5yr CAGR > 15 AND
    Net Profit 5yr CAGR > Sales 5yr CAGR AND
    PEG < 2


  • Try to guess the stock plotted on the chart
  • Prasiddh Shroff

    @Deven Shah yes sir, it is MRF


  • Try to guess the stock plotted on the chart
  • Prasiddh Shroff

    @Deven Shah The price is approaching DTB point but hasn't triggered a DTB signal yet. The Super Pattern will only be considered valid once a confirmed DTB signal occurs. You might have identified this stock by scanning for "Super Pattern Bullish Probable" in the scan results.


  • Try to guess the stock plotted on the chart
  • Prasiddh Shroff

    The markets are as still as a statue at the moment. So, let's guess the below-attached charts of the same company

    29918f68-2af0-4214-adda-ee6c7445fa49-image.png

    66816252-f616-4cef-a1e8-751b08ab0f5b-image.png


  • GRASIM looks interesting
  • Prasiddh Shroff

    GRASIM has a beautiful chart on the 1% x 3 PnF, and will move out of the zone after a long consolidation. The chart has also shown a change in polarity i.e. the resistance has now turned and acted as a support

    929b56d1-27b8-4c43-be6a-ab49837019fe-image.png


  • Syngene International Ltd - SYNGENE
  • Prasiddh Shroff

    @Vishwanath Nagaraj Yes, these counts are still active and open


  • Super Pattern in MAZDOCK
  • Prasiddh Shroff

    Super Pattern is one of the most effective patterns in PnF charts

    What makes it effective?

    1. Low risk setup
    2. Riding the already strong momentum

    MAZDOCK has formed a super pattern formation on the 3% x 3 PnF chart
    8d243e00-5c95-46d9-9d45-fa9cd5acfd18-image.png


  • Look out for ZOMATO
  • Prasiddh Shroff

    ZOMATO is looking interesting on candlestick as well as PnF charts

    Has formed a cup & handle formation on the candles
    a231ba14-6916-434e-88c4-44c7a9cb9f9f-image.png

    And has also give a follow through DTB after ABC pattern
    Screenshot 2023-09-07 095314.png

    Entire QSR (Quick Service Restaurant) segment is strong with JUBLFOOD, DEVYANI, BIKAJI, SAPPHIRE being very strong which might also push ZOMATO up


  • Syngene International Ltd - SYNGENE
  • Prasiddh Shroff

    Follow through DTB in Syngene 1% chart after a long phase of consolidation

    b36fad11-da5f-4c8e-bb9e-3083ca129b78-image.png


  • United Spirits Limited - McDOWELL-N
  • Prasiddh Shroff

    MCDOWELL has a great chart setup

    98227afa-cf76-436a-8e23-5034ce3f375f-image.png

    The stock has formed an ABC pattern on the 1% x 3 PnF chart after a big anchor column of X, This chart is also a good example of change in polarity i.e. previous resistance now acting as a support, suggesting signs of bullishness


  • Welspun India Ltd - WELSPUNIND
  • Prasiddh Shroff

    WELSPUNIND seems ripe for the next leg of up move, keep an eye

    Screenshot 2023-09-06 092437.png

    Screenshot 2023-09-06 092015.png


  • Aarti Drugs Ltd - AARTIDRUGS - pattern repetition
  • Prasiddh Shroff

    AARTIDRUGS exhibits a strong chart setup, with a high likelihood of replicating its previous pattern and potentially experiencing a significant upward movement. Keep an eye on it for potential medium-term gains

    b329c3ee-2e29-4ad3-a4b4-f8e1d97c50f3-image.png


  • Firstsource Solutions Ltd - FSL has an interesting chart setup
  • Prasiddh Shroff

    FSL updated chart on 1% x 3

    image.png


  • Q1 FY24 Results interesting finds
  • Prasiddh Shroff

    @Soujanya-Holkar Hello, we have implemented the market cap filter in Matrix


  • LT Foods Ltd - DAAWAT
  • Prasiddh Shroff

    DAAWAT has a great setup of huge anchor columns followed by an ABC pattern along with the price bouncing back from the 10SMA

    1b110b6b-eba0-4ff4-8d61-d5c239cbb96e-image.png

    The company also posted great results for Q1FY24

    5a49a1f8-3168-46ec-a84d-ceb2daaf499b-image.png


  • Central Bank Of India - CENTRALBK
  • Prasiddh Shroff

    CENTRALBK has a nice chart formation, breaking out of the 45° trendline intact since December 2022

    Screenshot 2023-08-18 103943.png

    The stock is also on the verge of breaking out on the RS chart of CENTRALBK/Nifty PSU index

    Screenshot 2023-08-18 104205.png


  • Q1 FY24 Results interesting finds
  • Prasiddh Shroff

    @Soujanya Holkar yes nice suggestion, will add a market cap filter in matrix


  • Q1 FY24 Results interesting finds
  • Prasiddh Shroff

    List of companies that have posted All Time High Quarterly Sales, All Time High Quarterly Profit, and the stock price is within 5% of All Time High

    You can get this list of companies by using the Matrix tool in Radar - https://radar.definedgesecurities.com/

    a98ac538-d7cb-4ca3-8656-912870b3d20d-image.png


  • KSB Limited - KSB
  • Prasiddh Shroff

    KSB founded in the year 1960, is headquartered in Pune in the state of Maharashtra. It specializes in Centrifugal End Suction Pumps, High-Pressure Multistage Pumps, Industrial Gate, Globe, Check Valves, Submersible Motor Pumps, monobloc & mini monobloc pumps, Hydro pneumatic Systems, and control valves. Today the KSB in India is a leading international manufacturer of pumps, valves, systems, and control valves.

    Screenshot 2023-08-16 124447.png

    The chart has an ABC pattern formation

    Screenshot 2023-08-16 124508.png

    The company also posted a stellar set of result


  • Godfrey Phillips India Ltd - GODFRYPHLP
  • Prasiddh Shroff

    Breakout on ratio chart (GODFRYPHLP/Nifty 50) as well

    image.png


  • Godfrey Phillips India Ltd - GODFRYPHLP
  • Prasiddh Shroff

    Godfrey Phillips has an interesting chart setup and also posted stellar numbers for Q1FY24

    Screenshot 2023-08-10 095755.png

    cba9034b-3691-4a6d-bd2f-7e1f74a5a97a-image.png


  • Bikaji Foods International Ltd - BIKAJI
  • Prasiddh Shroff

    Just spotted Bikaji - the chart's intriguing, and those robust quarterly figures make it even more exciting!

    Screenshot 2023-08-09 184254.png

    eea2d495-65f4-45aa-9812-a3f9ae11c821-image.png


  • Antony Waste Handling Cell Ltd - AWHCL
  • Prasiddh Shroff

    AWHCL has a good chart setup after breaking out of the bearish trendline of almost 2 years

    Screenshot 2023-08-08 102504.png


  • Weekly Fin-Fun Newsletter #89
  • Prasiddh Shroff

    The documentary mentioned is amazing and a must-watch!


  • Sudarshan Chemicals
  • Prasiddh Shroff

    Great Analysis! Thank you for sharing, even I am tracking the company. Very interesting times going forward

    One more exciting find is that an Ace investor - Akash Bhanshali has been increasing his stakes in the company for over a year now
    5ef68520-94e7-4f37-83c5-0c52749680bd-image.png


    @Ab said in Sudarshan Chemicals:

    I am not able to show how bad the numbers were in FY23

    I think you meant FY13 numbers, currently, we are providing Financials data from 2017 onwards


  • KPITTECH #ExplosiveVCP
  • Prasiddh Shroff

    Entire Midcap IT space is getting strong


  • Welspun India Ltd - WELSPUNIND
  • Prasiddh Shroff

    Great results from Welspun India

    210eab82-b186-4468-8167-7e6eddf40804-image.png

    updated chart-
    f9e52395-38f1-41f4-92b3-1b133cca9802-image.png


  • Welspun India Ltd - WELSPUNIND
  • Prasiddh Shroff

    WELSPUNIND has a beautiful chart setup, the company is to post results today
    f2d0d0e0-a728-4d6a-81cf-19dc0dbfb86f-image.png

    On the candlestick chart as well the stock is looking attractive
    cb57f42e-dc47-4be3-9ea0-3fb94a57a6cb-image.png


  • Computer Age Management Services Ltd - CAMS
  • Prasiddh Shroff

    CAMS has an interesting chart setup, there can be seen a bearish range breakdown failure which in itself is a bullish signal. The company is going to post Q1FY24 results on August 4th

    CAMS is a very good company on Fundamentals front

    f8461f75-d20b-4312-8b14-ee693bb32740-image.png


  • NTPC 200 CE
  • Prasiddh Shroff

    @P Raju it is D-Smart line


  • Tatamotors
  • Prasiddh Shroff

    both counts achieved! Super sir


  • Coromandel International Ltd - COROMANDEL
  • Prasiddh Shroff

    COROMANDEL has given a clean range breakout after bouncing from 200EMA multiple times. Q1FY24 Results tomorrow

    59a54f42-bbc1-418e-966c-e9bd59aa744c-image.png


  • Firstsource Solutions Ltd - FSL has an interesting chart setup
  • Prasiddh Shroff

    FSL has recently breached the 45° trendline from January 2022 and broken out of the horizontal consolidation phase that had been in place since April 2022

    The company is to post Quarterly results on August 2nd, keep track of it

    Screenshot 2023-07-25 184147.png


  • EPL Ltd - Weekly Newsletter Update
  • Prasiddh Shroff

    EPL updated chart-

    083fcf72-e7b3-4f1c-adfa-ae1cdc07e1dd-image.png

    Had written about it in the weekly Newsletter-

    feb03b47-2872-45bf-8f07-3b0b5e6dddeb-image.png


  • Quarterly Result Snapshot of Nifty 50 companies
  • Prasiddh Shroff

    @RAGUNATH_AG Thank you Sir, we are constantly trying to enhance the platform and add as many tools and features as possible to make your analysis quick and easy, pls share your feedback on what you want to see on Radar.


  • Quarterly Result Snapshot of Nifty 50 companies
  • Prasiddh Shroff

    bf7a91f1-552d-4b9d-bf2d-e450a6aa94df-image.png


  • New Scrip Report in RZone
  • Prasiddh Shroff

    @Archana Gupta here it is
    image.png


  • Tanla Platforms Ltd - TANLA
  • Prasiddh Shroff

    TANLA updated chart. Up ~9% today

    d2fb9151-1fbd-4ea0-b605-6a11921942e8-image.png


  • New Scrip Report in RZone
  • Prasiddh Shroff

    You can find it in the menu in RZone

    ea69c495-3681-4017-a47c-4271b0c65ff4-image.png


  • Heading Title on Radar is hidden while while scrolling down.
  • Prasiddh Shroff

    Thank you for your suggestion, we will try implementing this in the next update


  • Union Bank of India - UNIONBANK
  • Prasiddh Shroff

    Updated chart, gave a smooth up move of almost 10% in 3 days

    image.png


  • All you need to know about the Reliance - Jio Financial Services Demerger
  • Prasiddh Shroff

    Today is the last day to avail the shares of JFSL by buying Reliance Industries' shares

    Screenshot_2023-07-19-08-40-57-493_com.google.android.apps.docs.png


  • Union Bank of India - UNIONBANK
  • Prasiddh Shroff

    UNIONBANK has a nice chart setup on the 0.5% x 3 PnF chart. Upcoming result on July 20

    94e26752-0f20-4b63-9d35-b4fc97a293bf-image.png


  • Man InfraConstruction Ltd - MANINFRA
  • Prasiddh Shroff

    MANINFRA has an interesting chart setup

    7fcff15a-2591-48a8-8a7b-343875926227-image.png

    Results to be published on July 25th
    f8705250-6cd6-4288-a607-d8f751c7515f-image.png


  • Tanla Platforms Ltd - TANLA
  • Prasiddh Shroff

    TANLA getting strong again, interesting chart

    3e9e53f0-9165-4aaa-ab0a-30a8c78b7c28-image.png


  • Greenply interesting chart
  • Prasiddh Shroff

    All ply/laminates stocks are strong including Greenply, Greenpanel, Greenlam, Centuryply


  • Results Today - Nifty Total Market
  • Prasiddh Shroff

    06459ee9-0800-48ff-acf6-6c7de1a2d22c-image.png


  • Gujarat Mineral Development Corporation Ltd - GMDC
  • Prasiddh Shroff

    GMDC has an interesting chart setup

    f49dc226-3f99-4e23-893a-640da69d8a9b-image.png


  • Introducing Result Calendar on Radar: Stay informed about Indian companies' results!
  • Prasiddh Shroff

    We've got fantastic news to share about our Result Calendar feature.

    image.png

    We've listened to your feedback, and we're thrilled to announce that you can now select a date range by choosing a start and end date.

    With this new functionality, you have even more control over your analysis. Here's what it means for you:

    Choose Start and End Dates: Easily select the desired start and end dates on the Result Calendar. This feature allows you to focus on specific periods or conduct in-depth analysis over longer timeframes.

    For selecting any one specific date, you may double-click on that particular date and the results will be shown for a single date as well

    Your feedback is invaluable to us. Use the Result Calendar (https://radar.definedgesecurities.com/recent-quarterly-result?sortOrderForResults=resultDate,asc) today to start utilizing the new date range selection on the Result Calendar. We're eager to hear your thoughts and how this feature enhances your analysis.


  • Results Today
  • Prasiddh Shroff

    90990d18-8445-4344-91fc-614a4e9b45c1-image.png


  • Earnings Today
  • Prasiddh Shroff

    58b8fe98-2518-4545-857c-76be237a9233-image.png


  • Introducing Result Calendar on Radar: Stay informed about Indian companies' results!
  • Prasiddh Shroff

    Exciting news, Radar users!

    We're thrilled to introduce our new feature, the Result Calendar 🎉 Now, you can easily search for the result dates of any listed company in India and sort them by specific groups. Plus, get a snapshot of quarterly results for published reports.

    f1cd8021-314c-4fc4-9e20-df2e31e3bce8-image.png
    00db3756-2e7e-4a47-ac27-e9a86fb3f239-image.png

    With the Result Calendar on Radar, you'll have all the information you need at your fingertips. No more hunting for result dates across different platforms. It's the ultimate convenience for investors, financial analysts, and anyone interested in staying up-to-date.

    Here's what you can do:

    Search for Result Dates: Find upcoming result dates for Indian companies quickly and effortlessly.

    Sort Results by Groups: Customize your search by sorting results based on industry sectors, market capitalization, and more.

    Bonus Feature: Below the calendar, get a snapshot of quarterly results for companies that have already published their reports. Stay informed with key financial indicators and performance highlights.

    We're excited to empower you with the Result Calendar feature, making it easier than ever to track results and stay in the loop on Indian business news.

    Access the Calendar under the Tools section of Radar with the name Result Calendar & Snapshot

    Radar - https://radar.definedgesecurities.com/


  • Ratios I use to Scan stocks on Radar to identify strong Fundamental companies
  • Prasiddh Shroff

    Below is the list of ratios that I use to identify fundamentally good companies. You can tweak the ratio figures as per your comfort and try as many permutations and combinations as you want, it is always fun to play around with scanners by tweaking the numbers. You can input the exact same query mentioned below to run a scan:

    ROCE > 10 AND
    ROE > 10 AND
    D/E < 1 AND
    Sales 3yr CAGR > 10 AND
    Net Profit 3yr CAGR > 10 AND
    Cash Conversion Cycle < Cash Conversion Cycle 5Yr Avg AND
    FCF Yield > 0 AND
    OPM > 10 AND
    NPM > 6 AND
    Dividend Yield > 0


  • Zydus Lifesciences Ltd - ZYDUSLIFE
  • Prasiddh Shroff

    Completed the first count of 592 earning a return of almost 15% in less than a month


  • PCBL Ltd - PCBL
  • Prasiddh Shroff

    PCBL has a nice setup on the 1% chart, the stock has recently broken out of a consolidation phase that lasted for five and a half years

    Screenshot 2023-07-03 094719.png


  • Somany Ceramics Ltd - SOMANYCERA
  • Prasiddh Shroff

    SOMANYCERA has a super pattern breakout crossing the bearish trendline of January 2022

    b660aaca-2a99-4c1e-8a37-4f889a9bd5f8-image.png


  • eMudhra Ltd - EMUDHRA
  • Prasiddh Shroff

    EMUDHRA has a nice chart setup on the 1% x 3 PnF

    1133efd6-ee01-4dcb-a006-6dec04cf79df-image.png


  • Funda-Techno Research Report - EPL Ltd
  • Prasiddh Shroff

    📢
    Just released: Funda-Techno Research Report on EPL Ltd! Discover the world's largest manufacturer of laminated plastic tubes, serving FMCG & Pharma industries.

    Sustainable packaging focus, strong revenue diversification, and growth potential.

    Read the report here: https://insight.definedgesecurities.com/research/epl-limited-funda-techno-research-report/


  • Max Healthcare Ltd - MAXHEALTH
  • Prasiddh Shroff

    MAXHEALTH has an interesting chart setup

    e3ec8128-8cfa-4482-8346-5966ebe8607c-image.png

    As @Prashant Shah in his article with moneycontrol mentioned that strong momentum in counters usually gives bear traps which are followed by a trend continuation, MAXHEALTH seems to be ready for a continuation

    b2f2eb20-8257-415f-b70a-c09505a24313-image.png


  • Greenlam Industries Ltd - GREENLAM
  • Prasiddh Shroff

    GREENLAM has a nice setup on the 1% x 3

    Screenshot 2023-06-28 123445.png

    The company also has good fundamentals and has posted All-time high Quarterly Sales and All-time high quarterly net profit in the Q4 of FY23

    55746334-f894-4674-9188-b6b8740a95a3-image.png


  • Surya Roshni Ltd - SURYAROSNI
  • Prasiddh Shroff

    SURYAROSNI's 1% x 3 chart displays an appealing arrangement, indicating that the stock has emerged from a prolonged consolidation period. There is also a cluster of vertical counts at 1146.

    79322be5-dcf9-4955-a976-55a9f0304428-image.png


  • Carysil Ltd - CARYSIL
  • Prasiddh Shroff

    image.png

    Updated chart, keep a watch now


  • Gangotri in NELCAST
  • Prasiddh Shroff

    @Deven Shah @Sidharth Dassani
    You can check this link out, it has a detailed explanation of Gangotri - https://shelf.definedgesecurities.com/technical-analysis/vayda-bazar-patterns/vayda-bazaar-ni-chavi/

    image.png


  • Carysil Ltd - CARYSIL
  • Prasiddh Shroff

    CARYSIL's 0.25% x 3 PnF chart displays an appealing pattern. Crossing the 680 mark would break a trendline that has been in place for 14 months

    b5c02dd9-a51b-48f8-b173-f24c6bc225e9-image.png


  • Muthoot Finance Ltd. - MUTHOOTFIN
  • Prasiddh Shroff

    54ba3ea2-eda7-42f6-b30a-e91d8eca2c55-image.png

    The first count achieved in less than 2 weeks, a smooth up move of ₹100


  • Is Buzzer working ?
  • Prasiddh Shroff

    Hello Sir,

    There was an issue with the Buzzar which has been resolved now, you can create a new Strategy Buzzar for PnF cash stocks and it shall work properly now


  • Jupiter Wagons Ltd - JWL is looking attractive on the chart
  • Prasiddh Shroff

    Screenshot 2023-06-20 115332.png

    JWL first count achieved, and has given a swift smooth up move of 18% in less than 2 weeks


  • Ahluwalia Contracts (India) Ltd - AHLUCONT
  • Prasiddh Shroff

    AHLUCONT has a nice chart setup with multiple open vertical counts between 680 to 700

    The company is also fundamentally strong and has posted All-time high Quarterly sales and All-time high Quarterly profit

    3ca5cd0c-3f90-4824-b29d-7e0a92d38200-image.png


  • Jyothy Labs Ltd - JYOTHYLAB
  • Prasiddh Shroff

    JYOTHYLAB has an interesting chart formation on the 1% x 3 PnF chart, there can be observed a probable turtle breakout above 214.

    Screenshot 2023-06-19 153459.png

    The company also has decent fundamentals, from the shareholding perspective the ownership of the company is shifting from the weaker hands to the stronger hands i.e. the Institutions are adding to their stake since the last 4 quarters and the public has been reducing during the same horizon

    f97968ae-313b-4623-80e8-8d121800f1aa-image.png


  • Life Insurance Companies picking up the Momo?
  • Prasiddh Shroff

    a803cee4-fe9b-4aca-b722-f634d9ba1784-image.png


  • NRB Bearings Ltd - NRBBEARING
  • Prasiddh Shroff

    NRBBEARING has a nice chart setup on the 0.25% x 3 PnF.

    The company has good fundamentals and the promoters have been increasing the stake for the last 3 quarters. The promoters bought shares in the company in the last week too

    818ab7d8-0ac2-4444-a98e-7a5476f3f3bd-image.png


  • TRITURBINE - Affordable Entry
  • Prasiddh Shroff

    Haha even I am tracking this


  • Make some discussion as favourites
  • Prasiddh Shroff

    image.png

    sir you can bookmark any post to have a quick access


  • Sirca Paints Ltd - SIRCA
  • Prasiddh Shroff

    SIRCA has an attractive chart setup on the 0.25% x 3 PnF chart with a favorable risk:reward, change in polarity can also be observed on the chart

    The company grew its Quarterly sales and profit YoY by 26% and 53% respectively.

    e3a0cfb1-d719-42d7-888b-1d631bf26c11-image.png


  • CARBORUNIV Low Risk Entry
  • Prasiddh Shroff

    image.png

    Yes, volumes drying up and the stock is consolidating in a tight range after bouncing back from the 21EMA, looks interesting


  • Arvind Fashions Ltd - ARVINDFASN
  • Prasiddh Shroff

    Yes this is from a scanner that I use for Quarterly results, here is the query that I used:

    QuarterlySalesGrowthYoY>20 AND
    QuarterlyNetProfitGrowthYoY>20 AND
    MarketCap>500 AND
    D/E < 0.75 AND
    PromoterHolding > 0 AND
    FIIHolding > 5 AND
    DIIHolding > 5

    After saving the output of this scanner as a group, I ran a "Follow through Bullish" scanner in RZone on the same group


  • ICEMAKE
  • Prasiddh Shroff

    Oh, interesting! Thanks for sharing


  • Arvind Fashions Ltd - ARVINDFASN
  • Prasiddh Shroff

    Bear Trap FT in ARVINDFASN, a very low-risk high-reward setup after pattern retest

    5e836f95-587b-4ead-9e9c-8a70a38ff1b7-image.png


  • MF Zone
  • Prasiddh Shroff

    Hello sir,

    1. The returns in Peer comparison are Annualised returns
    2. The incremental NAV and Return columns were added by mistake, it will be removed
    3. We are working on the benchmark returns in the trailing return page, we will get it rectified soon

    Sorry for the inconvenience caused


  • Sanghvi Movers Ltd - SANGHVIMOV
  • Prasiddh Shroff

    SANGHVIMOV looks interesting

    a3b2a9f7-82ea-404b-96fe-88650ca0c616-image.png

    The company also posted ATH Quarterly Sales and second highest Quarterly Net Profit in the latest quarter

    95e5f837-5f25-4b2f-a942-8dac94e11e1e-image.png

    FII have increased its stake from 0 to 1.45% in the last two years and is still in an increasing trend

    3f26ab8f-cefb-4bf4-9b5b-713f836444a0-image.png


  • KK's Corner
  • Prasiddh Shroff

    @B. Krishnakumar

    Tracking MINDACORP, seems like weak hands have been taken out last week


  • IIFL Finance Ltd - IIFL
  • Prasiddh Shroff

    e9b949b1-86c7-4f9d-89ad-82828faeecf6-image.png

    IIFL's chart shows an appealing arrangement on the 0.25% x P&F chart, and the following are the patterns that have developed on it:

    1. Bear Trap FT
    2. 45-degree trendline breakout
    3. Super Pattern DTB
    4. Horizontal range breakout since March'23
    5. PMOX indicator turned green to Bullish Momentum from Overbought

  • MRF crosses ₹1,00,000
  • Prasiddh Shroff

    MRF crosses ₹ 1,00,000 per share for the first time!


  • How to identify Low-float companies
  • Prasiddh Shroff

    You can search for low-float companies by using scanners in Radar, I am attaching the list of low-float companies out of the Nifty 500, interestingly only 32 companies have a low float out of the Nifty 500 companies.

    What is a low-float company?
    Low-float companies are those with a low number of shares outstanding. In simpler words, most of the company's ownership is held by either the promoters or the FII or the DII and the Public/Retail participants hold only a few portion of the company.

    In this example, I have considered companies with less than 5% ownership with the Public

    3ba58b61-9e47-4e4a-8b5b-7863e4db2389-image.png


  • ITC setting up for the next leg
  • Prasiddh Shroff

    177b2321-c16b-4b5f-86f2-a262c4397e50-image.png

    ITC forms an ABC pattern similar to the previous pattern in the chart. Seems ripe for the next leg of up move now


  • Muthoot Finance Ltd. - MUTHOOTFIN
  • Prasiddh Shroff

    started moving now, keep a watch


  • Raymond Ltd - RAYMOND
  • Prasiddh Shroff

    RAYMOND looks attractive on the 1% x 3 PnF chart at CMP 1668 and pattern failure below 1545

    003e7a7b-33ad-47e6-a759-ef3bf46209fc-image.png


  • AMI Organics Ltd - AMIORG
  • Prasiddh Shroff

    AMIORG has an interesting chart setup on the 0.5% chart, the stock has broken out of the consolidation after October 2021 i.e. over 1.5 years

    30cd925b-58fc-4296-bc32-8ddaaaf961eb-image.png


  • Muthoot Finance Ltd. - MUTHOOTFIN
  • Prasiddh Shroff

    Muthoot Finance looks attractive at CMP 1129

    863fc1e5-d4c7-41a5-b0b0-8537db6c274f-image.png

    The candlestick chart has a flag pattern and the stock is in a tight consolidation zone breaking of which may give a good quick move.

    Screenshot 2023-06-08 092956.png

    The stock looks attractive on PnF chart as well


  • Zydus Lifesciences Ltd - ZYDUSLIFE
  • Prasiddh Shroff

    ZYDUSLIFE (CMP-516) seems very attractive with multiple open counts forming a cluster of counts at 592 on the 0.5% x 3 P&F chart

    37c08a4c-b3ba-4cb8-b6f5-3049f2227caf-image.png


  • Bharat Petroleum Corporation Ltd - BPCL
  • Prasiddh Shroff

    BPCL (CMP- 367) has 9-column ABC pattern setup on the 0.25% x 3 PnF chart

    Screenshot 2023-06-07 120249.png


  • Borosil Renewables Ltd. - BORORENEW
  • Prasiddh Shroff

    BORORENEW has a good formation on the 0.25% x 3 PnF and candlestick charts. The stock has now started trading above the 200EMA after being in a downtrend for a year

    fc5b6c07-1a9f-48a7-9eb6-9739a8def13d-image.png

    The stock has broken out with good volume and is now consolidating (pullback) above the breakout along with volume contraction, seems to be ready for the next leg of up move

    On the 0.25% x PnF chart as well, the stock has a nice chart formation and is on the verge of crossing above multiple 45-degree trendlines.

    b1044a9a-7839-4b96-8113-acbf4fea7ee4-image.png

    The PMOX indicator suggests a bullish momentum as well


  • Jupiter Wagons Ltd - JWL is looking attractive on the chart
  • Prasiddh Shroff

    JWL has a 7-column ABC formation on the 0.25% x PnF chart with a favorable risk reward. The stock has been taking multiple supports of the 10SMA as well.

    Screenshot 2023-06-07 095033.png

  • 1 / 1
  • Login

  • Login or register to search.
  • Blog
  • Youtube Videos
  • Refresh
  • First post
    Last post
0
  • Recent
  • Categories
  • Unread 0
  • Popular
  • Tags
  • More
    • Guidelines
    • Disclaimer
  • Users
  • Login

  • Login or register to search.
  • Blog
  • Youtube Videos
  • Refresh