One of the top five Indian IT services businesses in terms of revenue is HCL Tech, a well-known international provider of IT services. HCL Tech has focused on transformational outsourcing since its entry into the global market following its IPO in 1999. It offers an integrated portfolio of services, including software-led IT solutions, remote infrastructure …
Bhansali Engineering Polymers Ltd is engaged in manufacturing and sale of ABS Resins, AES Resins, ASA resins, SAN resins and their alloys with other plastics in the Indian market. Major clients of the company include large Indian brands namely Bajaj, Exide, Fiat, Aquaguard, Beetel, VIP, Samsonite, BPL, Onida, Sanyo, Videocon, Voltas, Whirpool, Electrolux, Crompton, IFB, …
Bhansali Engineering Polymers Limited (BEPL) Analysis Read More »
Bajaj Finance Limited mainly engaged in the business of lending and started its journey in the year 1987 as a vehicle financing company and now is the largest and most diversified NBFCs in India. It also accepts public and corporate deposits and offers variety of financial services products to its customers. Bajaj Finance with an …
Indian Energy Exchange is the largest power exchange in India with automated trading platform for physical delivery of electricity. It has almost 95% market share in electricity trading. It was established in 2008. IEX has a market capitalization of more than 14,000 crores with almost no debt on it. IEX was able to generate more …
Tata Power with a market capitalization of more than 78,000 Crores and a profit of more than 2000 crores with an EBITDA of 12.6 is a stock with strong fundamentals. With a CAGR (5 Years) of around 24% and CAGR (3 years) of 56%, this stock is giving its investors good returns. Technically, Tata Power …
Dow Jones: Dow Jones is already in the bearish zone as per Dow theory and formation of lower tops and lower bottoms in daily charts. On 26th August 2022 Dow Jones has already given the breakdown from Mountain and Hill pattern as detailed below: As per the analysis, the target after breaking down from Mountain …
Important Points regarding Breakout: 1- Breakout from Double Bottom pattern.2- Went through minor correction post breakout and took support on the neck-line.3- Breakout from long-term downtrend line resistance too.4- OI data suggests long build-up.5- Momentum breakout on indicator.6- MACD suggests long position.7- Currently at a historic resistance level. If it breaches this point then it …
Double Bottom Breakout in First Source Solutions Ltd. (FSL) Read More »
