ShrutiAggarwal
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ShrutiAggarwal's Insights

On the topic of Analysis

Posted by ShrutiAggarwal on 23 November 2018, 4:53 AM

BT group plc, a buy at the current levels

Topics: Analysis
Other Insights on Related Shares: 0HKT.L

BT group plc is a buy at the current price. The stock finished trading on the London stock exchange at 254.0p, down by over 1.33 percent compared to the last close. In terms of technical analysis and charting, the stock has been on a rising trend over the past few months and we expect the uptrend to continue in the coming days as well.  The stock has been constantly making higher highs and lower lows which further confirms the bullish trend of the stock. The stock has also been trading above its 20-day moving average (DMA), 50 DMA and 100 DMA of 252p, 240p and 230p respectively. Trading above both short term and long-term moving average is also a good sign for the bulls. The immediate support and resistance lie at 264p and 250p respectively. For a continued-up move, a breakout will come if the stock would surpass 264p and trade above that for some time. However, a breach below 250p may take the stock to the lower levels. Therefore, traders or investors are advised to keep an eye on the respective levels and accordingly take their position.

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Posted by ShrutiAggarwal on 10 September 2018, 2:09 PM

Marks and spenser, an avoid at current levels

Topics: Analysis
Other Insights on Related Shares: MKS.L

Marks and Spenser is an avoid at the current levels as the valuation also shows that the company is fairly priced at the current level. The stock finished trading on the London stock exchange at 291p on 10th September, down by 0.78% compared to the last close. The stock has been trading below 20 DMA (Day moving average), 50 DMA and 100 DMA of 299p, 305p and 292p respectively. Trading below the short term moving averages generally doesn’t go well with the bulls! In terms of technical analysis or charting also, the stock is forming head and shoulders pattern and in case the stocks goes below 290p, it may see a retest of lows of 260-270. Therefore traders or investors shall avoid initiating any long in the company till we see any signs of consolidation or up move. The immediate support and resistance lies at 288p and 299p respectively. Traders or investors would be advised to keep an eye at the respective levels and accordingly hedge the positions.

As per the company’s FY’18 results, the company reported a flat growth in revenue of 0.7% year on year.  The retail giant’s profit before tax and after adjusting the non-recurring items was down by 5.4% year on year because of the decrease in food gross margin. Nonrecurring items of £514.1m included £321.1m for company’s UK store estate closure programme.  As per the management guidance, cash costs of transformation remain in line with plan. However, the good news for the investors is that the company’s net debt has reduced significantly by £107.2m. (Read more)

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Topics: Analysis
Other Insights on Related Shares: VOD.L
Related Shares: Vodafone Share Price

Vodafone Plc. is a avoid at the current price. The stock finished trading on the London stock exchange on 19th July at 175.0p a share, down by 1.27%.  In terms of technical analysis or charting, the stock has been nonstop making lower highs and lower lows and also has been trading on the downward trend line which further confirms the bearish sentiment of the telecom major. Currently, the stock has been trading below its 20 day moving average (DMA), 50 DMA and 100 DMA of 183.7p, 189.2p and 196.6 p respectively. Considering the free-fall of the stock, it doesn’t look like that stock will be taking support anytime soon in the coming days and we expect the free-fall to continue. Hence, traders or investors would be strictly advice to stay away from the stock as consolidation doesn’t look like soon. 

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Topics: Analysis
Other Insights on Related Shares: RR..L
Related Shares: Rolls-royce Share Price

Rolls Royce looks like an avoid at the current levels. The stock finished trading on the London stock exchange at 846p a share on 24th may. Currently, the stock has been trading below its 50 day moving average (DMA), 100 DMA and slightly above 20 DMA of 860p, 858p and 841p respectively.  In terms of charting or technical analysis too, the stock has been forming a downward trend line on the daily charts which further confirms the bearish trend of the stock. However, we expect the downside to continue and traders should avoid initiating any fresh long positions in the stock. The immediate support and resistance for the stock lies at 830p and 870p respectively.

Let’s throw some light on the latest financial results of the company.  The company’s chief executive Mr. Warren East commented on the results, “Rolls-Royce made good progress in 2017. Financial results were ahead of our expectations and we achieved a number of important operational and technological milestones, but were impacted by the increasing cost and challenge of managing significant in-service engine issues. The business unit simplification and restructuring programme that we announced this January will drive further rationalisation and is a fundamental step in the journey started two years ago to bring Rolls-Royce closer to its full potential both operationally and financially. We are encouraged by the improving financial performance in 2017 with growing revenues contributing to improved profitability and cash generation. Looking forward, sustaining this improvement and delivering increasing cash flow generation will strengthen our position as one of the world’s leading industrial technology companies” (Read more)

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Topics: Analysis
Other Insights on Related Shares: CNA.L
Related Shares: Centrica Plc Share Price

Centrica Plc. is an avoid at the current price level as the stock still looks like in a correction mode. The stock finished trading at 133p a share on the London stock exchange, up by 0.38% compared to the previous close. In terms of technical terms or charting, the stock still looks a little weak and we expect the downside correction to continue for some time. On a daily chart, the stock has formed a triple top pattern which indicates that the upside is restricted and the stock has a more room for downside. The momentum oscillator crossover also indicates the bearishness of the stock. The immediate support and resistance for the stock lies at 124p and 147p respectively. A move above 147p can indicates some upmove in the stock. However, a break below 124p can take down the stock to even lower levels. Therefore traders or investors would be advised to keep an eye at the respective levels and accordingly initiate their positions.

Let’s throw some light on the latest financial results of the company announced on 22nd Feb 2018. As per the results, the company’s adjusted operating profit was down by 17% because of reduced profit in Centrica business. Adjusted earnings were  also down by 22% on account of high net finance cost. However, the good news for the investors is that the net debt had come down by £877m to £2.6bn, which is at the lower end of the company’s target. (Read more)

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Posted by ShrutiAggarwal on 21 February 2018, 12:04 AM

Bp looks fairly priced at the current levels

Topics: Analysis

Bp looks fairly priced at the current price level as we don’t see much upside into it. The stock finished trading on the London Stock exchange at 472p a share, down by 0.7% compared to the previous close. Lately, the stock has had a good correction and has corrected from the highs of 530p to the lows of 470p. Currently, the stock has been trading below its 20 DMA (20 day moving average), 50 DMA and 100 DMA of 486p, 505p and 501p respectively which also confirms the bearish trend of the stock. The immediate support for the stock lies at 466p and any breakdown below that can push the stock to the lower levels. However to resume the fresh uptrend, the stock has to surpass the resistance of 500p. Therefore, we would advise the traders or investors to avoid the stock for the time being and fresh long positions should be formed only when the stock has bottomed out at 465-466p.

Let’s throw some light on the latest FY’17 results of the company. The company announced its full year 2017 financial results a few days back on 6th February.  The company reported the full year 2017 underlying replacement cost profit at $6.1 billion compared to $2.6 billion in 2016. The company reported a robust profit of $3.4 billion in the FY’17 versus $115 million in FY’16. The company also recommenced a share buyback programme in the fourth quarter to offset the dilution of the scrip issue and repurchased 51 million ordinary shares at a cost of $343 million.  However, the company’s net debt has increased to $37.8 billion in FY’17 compared to $35.5 billion in FY’16. The net debt ratio as on 31st December 2017 was at 27% which was also well within the company’s target of 20% to 30%. (Read more)

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Topics: Analysis
Other Insights on Related Shares: SXX.L

Sirius Minerals Plc shall be avoided for the time being. The stock finished trading on the London stock exchange at 23.0p on 17th January, down by 0.40% compared to the previous close. The stock has been non stop falling for the past few weeks and it seems that the correction shall continue for the coming days as well. In terms of technical analysis or charting, the stock has been trading firmly on the downward trend line which further confirms the further bearish sentiment of the stock. It has been constantly forming lower highs and higher lows and we don’t see any signs of consolidation soon. Currently, the stock has been trading below its 20 day moving average (DMA), 50 DMA and 100 DMA of 23.0p, 24.4p and 25.2p respectively. The momentum oscillator ie macd also indicates towards the bearishness of the stock. The immediate support and resistance is placed at 22.0p and 25.0p respectively. However, any breakdown below 20.0p may push the stock even lower.  Therefore, traders or investors shall be adviced to avoid initiating any fresh long positions in the stock.

The company lately announced the quarterly update on 12th January 2018. As per the update, the project remains on track to deliver the first polyhalite and commercial production on time and on budget. However, current diaphragm walling activities are approximately two months behind the schedule. However, the review of 2017 milestones demonstrates good progres (Read more)

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Topics: Analysis
Other Insights on Related Shares: NG..L

National Grid Plc. is an avoid at the current price. The stock has been nonstop falling for the past few weeks. The stock finished trading on the London stock exchange at 864p a share, up by 0.58% compared to the previous close.  Currently the stock has been trading below its 20 day moving average (DMA), 50 DMA and 100 DMA of 870p, 880p and 894p respectively. In terms of technical analysis or charting, it seems that the stock would continue to correct more and the downfall shall continue as the stock has been trading on the downward trend line. The momentum oscillators are also pointing out towards the weakness in the coming trading sessions. Therefore, we would advise traders or investors to avoid national grid for the time being.

Let’s throw some light on the half yearly 2018 results of the company. As per the results, the company reported the adjusted operating profit at £1,368m in H1’18 versus £ 1,318m in H1’17. The company’s capital investment has increased to £2bn for the first six months of the year, reflecting significant investment in developing and maintaining gas and electricity infrastructure. Also, the US regulated business continued to make good progress as well. (Read more)

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Topics: Analysis
Other Insights on Related Shares: KGF.L

Kingfisher Plc. is a compelling Buy at the current price level. The stock finished trading on the London Stock exchange at 340p a share on 21st December, up by 0.35% compared to the previous close.  Currently, the stock has been trading above its 20 day moving average (DMA), 50 DMA and 100 DMA of 333.0p, 318p and 309p respectively, which also indicates towards the bullish trend of the stock. In terms of technical analysis or charting also, the stock has been firmly trading on the upward trend line and has been forming higher highs and lower lows. The immediate support and resistance for the stock is at 333p and 350p respectively.  Any breakout above 350p may also take the stock to 370p as well. Therefore, traders or investors need to keep an eye at the respective levels and accordingly hedge the positions.

Now let’s throw some light on the latest third quarter update of the company. The company announced its third quarter trading update a month back on the 21st November.  As per the update, the company’s Q3’18 topline was up by 3% year on year. As per the management, the company is well on track to deliver its full year strategic milestones. The company also returned £237m to its shareholders via buyback. (Read more)

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Posted by ShrutiAggarwal on 11 December 2017, 10:48 AM

BT Group plc, a hold at the current price

Topics: Analysis
Other Insights on Related Shares: BT.A.L
Related Shares: Bt Group Plc Share Price

BT Group Plc. is a Hold at the current price. The stock finished trading on the London Stock exchange at 268.45 pence per share on 8th December, up by 0.09% compared to the previous close. The stock has been nonstop correcting since last 3 months and had tested the lows of 244p as well. However, it seems that the stock has bottomed out and is ready for short covering and a pullback rally. The stock has been trading above its 20 day moving average (DMA), 50 DMA and below100 DMA of 252p, 260p and 277p respectively. The immediate support and resistance for the stock would be at 252p and 277p respectively. In terms of charting or technical analysis, the stock is making rounding bottom pattern which indicates the up movement in the stock. In case of breakout above 277p, we may see stock heading towards 290-300p as well. Therefore, we would advise traders or investors to keep an eye at the respective levels and accordingly hedge their positions.

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