KOTAKBANK : Going Long
アップデート済
Based on data from December 2023, Foreign Institutional Investors (FIIs) hold 39.74%, Domestic Institutional Investors (DIIs) have 10.50%, and Mutual Funds maintain a 10.91% stake in the stock. Additionally, Promoters retain approximately 25.91% ownership. This significant interest from strong market players suggests a robust position for the stock.
Although financials and analysts' forecasts regarding price, revenue, and earnings per share exhibit mixed sentiments, institutional involvement, alongside the strength and resilience of management, the sector, and the business model, instill confidence in the stock.
From a technical perspective, the price has been consolidating within a certain range, with notable support at current levels. Consequently, I've taken two positions at different intervals, both around the same price levels, totaling 2.5% of my net capital. I anticipate a potential 24% move towards the target levels, which aligns with the high of the parallel channel.
I don't plan to increase my stake in the stock unless my capital increases, as this allocation represents the maximum permitted for an individual stock based on my trade plan.
Although financials and analysts' forecasts regarding price, revenue, and earnings per share exhibit mixed sentiments, institutional involvement, alongside the strength and resilience of management, the sector, and the business model, instill confidence in the stock.
From a technical perspective, the price has been consolidating within a certain range, with notable support at current levels. Consequently, I've taken two positions at different intervals, both around the same price levels, totaling 2.5% of my net capital. I anticipate a potential 24% move towards the target levels, which aligns with the high of the parallel channel.
I don't plan to increase my stake in the stock unless my capital increases, as this allocation represents the maximum permitted for an individual stock based on my trade plan.
Feel free to follow me for updates on my positions and market insights. Additionally, I welcome your feedback and opinions in the comments section below this post.
Other posts related to this particular position and scrip, if any, will be attached underneath. Do check those out too.
Disclaimer: The analysis shared here is for informational purposes only and should not be considered as financial advice. Trading in all markets carries inherent risks, and past performance is not indicative of future results. It's essential to conduct your own research and assess your risk tolerance before making any investment decisions. The views expressed in this analysis are solely mine. It's important to note that I am not a SEBI registered analyst, so the analysis provided does not constitute formal investment advice under SEBI regulations.
手動でトレードを終了しました
I did close the position at 1773.70 and booked a profit of about 4.25% on the invested capital.
免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。