Millennium Catalyst

Things Value Market capitalisation 72222 cr. Current price 6040 HIGH/LOW 6440/3647 P/E 33.7 Industry P/E 34.5 P/B 7 BOOK value 862 Dividend yield 0.66% ROE 19.6% ROCE 19.7% Face value 2 Year 2020 2021 2022 2023 2024 Net profit 1149 1618 1680 1007 1811 EPS 94.26 132.57 137.63 82.31 150.1   About the company:- Alkem Laboratories is an Indian pharmaceutical company, known for its focus on developing and manufacturing a wide range of generic and specialty medicines. Established in 1973, it has a significant presence in various therapeutic areas, including antibiotics, cardiology, diabetes, and pain management. Alkem operates globally, exporting its products to numerous countries and is recognized for its commitment to quality and innovation in healthcare....

Basic information :- The Nifty Alpha 50 Index is a stock market index in India that focuses on the 50 companies with strong momentum or growth potential. It includes firms that are expected to perform well based on various financial metrics. Investors often use this index to track high-performing stocks in the market, aiming for better returns. It's part of the Nifty family, which includes various other indices covering different sectors and strategies. Analysis :-  On 23rd October 2024 , the nifty alpha 50 Index looks attractive for investment. We are looking at an index so stop loss only apply to those who do swing trading but for investors this is a good opportunity to invest lump sum amount. Above 56738 price level, position can be made and if the price breakdown below the low of last candle then we should bail for now. [ Nifty alpha 50 ETFs]

Schaeffler India is a subsidiary of the global Schaeffler Group, which specializes in manufacturing high-quality automotive and industrial components.  Key Areas of Focus: Automotive Sector: Schaeffler India produces parts for vehicles, including engine components, transmission systems, and chassis applications. Industrial Sector: They provide bearings and other components for various industries, such as machine tools, aerospace, and wind energy. Products : Bearings: These reduce friction and support moving parts. Clutch Systems: Used in vehicles to manage power transmission. Linear Motion Products: For precise movement in machinery. o   Analysis :- On 23rd October 2024 , schafller India looks like taking support around 3800 level for past few months now. We can take position at current price with a daily close below 3715 level as a stoploss. Our risk should be pre-defined as well as our position size. Use your preferred indicator for more confirmation.

The Fibonacci tool in the stock market mainly involves using Fibonacci retracement and extension levels for technical analysis. Here’s a simple explanation of how these concepts work and how traders use them: # Fibonacci Retracement: - Definition: Fibonacci retracement levels are horizontal lines that show potential support and resistance points based on the Fibonacci sequence. Traders use these lines to anticipate price reversals during pullbacks in a trend. How to Use Fibonacci Retracement: - Identify a Trend: Look at the price chart to see if the trend is going up or down. Select the Swing High and Swing Low: In an uptrend, find the most recent low point (swing low) and high point (swing high). In a downtrend, do the opposite: find the high point first and then the low point. Calculate the Levels: Use the distance between the swing high and swing low to find key Fibonacci levels: 23.6% 38.2% 50.0% 61.8% 76.4% For an uptrend, calculate: Level = Swing Low + (Swing High - Swing Low) × ...

Before investing :- Financial Documents, Check the balance sheet, income statement, and cash flow statement Earnings Reports, Look for steady growth in revenue and profits.Debt Levels, Assess how much debt the company has compared to its equity. Industry Trends, Understand how the industry is growing and any challenges it faces. Economic Factors, Keep an eye on inflation, interest rates, and overall economic health. P/E Ratio , Compare the company’s price-to-earnings ratio to its industry peers.Other Metrics, Look at Price-to-Book (P/B), Price-to-Sales (P/S), and EV/EBITDA ratios.   Experience, Research the backgrounds and track records of the key leaders. Governance, Look into how the company is managed and its board structure.  Market Position, Identify what makes the company stand out in its industry.Competitors, Analyze the strengths and weaknesses of its main competitors.  Market Risks, Consider potential market fluctuations and sector-specific challenges. Regulator...

  Telecommunications industry :- Telecom companies need to spend a lot on infrastructure, which can limit their profits, especially in tough economic times.The industry is tightly regulated, and changes in laws can affect how they operate and make money. Many companies compete in the market, leading to price cuts and lower profits. New technologies can quickly make older ones obsolete, requiring constant upgrades. Losing customers can impact steady revenue, making it crucial to keep existing customers and attract new ones.People may cut back on telecom services during economic downturns since they may not see them as essential.Many telecom firms have significant debt, which can be risky if interest rates rise or revenues drop.Telecom companies are at risk of cyberattacks, which can harm their finances and reputation. Operating internationally exposes companies to political risks, currency changes, and varying regulations.[ Uninor , Aircel, Tata docomo etc..] Investors should think...

Basic info. : - The index includes the top 50 companies chosen based on their average free float market capitalization over the last six months. These companies come from the top 100 companies determined by their average daily full market capitalization and average daily turnover during the same period, specifically from the Nifty Midcap 150 index. Preference is given to companies that can be traded in the NSE’s Futures & Options segment when the final selection is made. Inclusion Criteria: - A non-member eligible stock that can be traded in F&O will replace the smallest non-F&O stock in the index, based on free-float market capitalization. - The F&O stock must rank within the top 30 of the top 100 stocks based on average full market capitalization or average daily turnover. - An eligible non-member F&O stock can only be included if its free-float market capitalization is at least 1.5 times that of the smallest F&O stock already in the index. - An eligible non-m...

Basics of the index :- The Nifty FMCG Index shows how Fast Moving Consumer Goods (FMCGs), which are everyday products people buy frequently, perform in the market. It includes 15 FMCG stocks listed on the National Stock Exchange (NSE).  The index is calculated based on the market value of these stocks that are available for trading. It helps in comparing fund performances, creating index funds, ETFs, and other financial products. The index is updated twice a year, on January 31 and July 31. To make these updates, data from the six months leading up to these dates is used. The market is notified about changes four weeks in advance. Nifty FMCG constituents:- Nifty FMCG chart:- Nifty FMCG ETFS:- To invest in this index we have to buy an etf of this index. ICICI prudential is a provider of such etf name (FMCGIETF) with total amount invested around 376 cr and with good liquidity.  Technical view:- As you can see in the chart the index is at the previous accumulation zone which giv...

What is the gann levels and time cycles? : Gann levels come from the theories of W.D. Gann, a trader who believed that price changes and time cycles are connected. He created tools to help predict market movements based on this idea. Key Concepts of Gann Levels : Gann Angles: Diagonal lines on a chart that show possible support and resistance points. The most used angle is the 1x1 line (45 degrees), which signals trends. Gann Retracement Levels : Horizontal lines, similar to Fibonacci levels, drawn at key percentages (like 25%, 50%, and 75%) of a price move to indicate potential reversal points. Gann Grid: A grid placed over a chart to divide price and time equally. Traders look for patterns and potential turning points within this grid. Time Cycles : Gann believed that markets move in cycles. He used mathematical and astronomical ideas to find significant dates that might affect price movements.   Key Concepts : Cycle Theory : Gann believed that markets operate in repeating cycl...