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Stock advice

Discussion in 'Technical Analysis' started by dharmesh_upadhyay, Sep 16, 2017.

  1. dharmesh_upadhyay

    dharmesh_upadhyay New Member

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    Just joined this forum .
    How about following stocks for short term trade
    1) lupin
    2) infibeam
    3) sangham India

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    dharmesh_upadhyay, Sep 16, 2017
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  2. bnnarayana

    bnnarayana Contributor

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    bnnarayana, Sep 16, 2017
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  3. bnnarayana

    bnnarayana Contributor

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    bnnarayana, Sep 16, 2017
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  4. bnnarayana

    bnnarayana Contributor

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    Sector is recovering lupin is a loss making company, infibeam it sector yet to recover, investment will be risky, sangham India , I feel is textile industry , I don't track.

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    bnnarayana, Sep 16, 2017
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  5. shabbir

    shabbir Administrator Staff Member

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    Lupin isn't loss making. There is no loss making year or quarter for LUPIN and will suggest you to look into that again. From where did you get that data of loss making LUPIN.
     
    shabbir, Sep 18, 2017
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  6. shabbir

    shabbir Administrator Staff Member

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    Welcome to the forum and LUPIN is not for the short term. Business has some regulatory and pricing challenges and so isn't for the short term play. Can have trading bounces but those are for the long term investment and not for short term.

    Infibeam is in a very price competitive business and so one should look at them only based on technicals. Company was loss making from 2011 to 2015 and I don't like to be investing in such company but from technical levels, 120 should be your strict stop loss and if you can book the loss from current market price buy to booking loss at 120, you can get into this stock and not otherwise.

    Sangam is not a short term play either and it is at a major support level of 220 and I have my doubts it will sustain. Can be played only if it isn't broken and in the leg up when we see it coming.

    Hope it helps
     
    shabbir, Sep 18, 2017
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  7. dharmesh_upadhyay

    dharmesh_upadhyay New Member

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    dharmesh_upadhyay, Sep 18, 2017
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  8. bnnarayana

    bnnarayana Contributor

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    Dear Shabbir, i think I pharsed it wrongly, Lupin Financial Trend is negative the details are.
    The interst pay out compared to last nine qtrs
    has grown approximately by 60%.
    PAT and PBT have fallen - 40% compared to last 4 qtrs.
    Net Sales, Earning per share has also gone down compared to previous qtrs.
    This information I got through one of the website.
    If I am wrong about the above information, please do correct me.

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    bnnarayana, Sep 18, 2017
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  9. shabbir

    shabbir Administrator Staff Member

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    You are spot on with those analysis but you mentioned
    which isn't correct. Though you pay higher interest and lower profits but that hasn't turned as loss making for LUPIN's balance sheet perse.
     
    shabbir, Sep 18, 2017
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  10. bnnarayana

    bnnarayana Contributor

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    bnnarayana, Sep 18, 2017
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  11. shabbir

    shabbir Administrator Staff Member

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    shabbir, Sep 19, 2017
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