Ganesh Housing, a strong contender in this bearish Market
🔘Ganesh Housing Corp Ltd (NSE: GANESHHOUC)
📈 Technical Setup
The stock shows resilience to the recent market fall, forming a bullish candle on strong volume. Trading above key moving averages (30 & 50 DMA), it is bouncing from critical support levels, signaling potential strength.
Trade Details
Entry: ₹1,368
Stop Loss (SL): ₹1,123 (-17.76%)
Targets:T1: ₹1,507 (+10%)
T2: ₹1,670 (+21.8%)
📊 Risk-to-Reward (R:R): ~1:1.23
Note: Lock in partial profits if the stock moves 8-10% in your favor to manage risk better.
🔘Risk Considerations
⚠️ Against the Trend: This is a counter-trend trade; if the broader market corrects further, the stock could follow and hit SL.
⚠️ Position Sizing: Strict risk management is critical; beginners should avoid it until the market stabilizes above the 200 DMA.
🔘Key Financial Ratios
Liquidity Ratios:
Current Ratio: 2.52
Quick Ratio: 1.51
Profitability Ratios:
Return on Equity (ROE): 41.6%
ROCE: 41.6
Valuation Ratios:
Price-to-Earnings (P/E) Ratio: 22.6
Price-to-Sales (P/S) Ratio: 7.68
📢 Disclaimer: This analysis is for educational purposes only. Consult your financial advisor before making investment decisions.
📈 Technical Setup
The stock shows resilience to the recent market fall, forming a bullish candle on strong volume. Trading above key moving averages (30 & 50 DMA), it is bouncing from critical support levels, signaling potential strength.
Trade Details
Entry: ₹1,368
Stop Loss (SL): ₹1,123 (-17.76%)
Targets:T1: ₹1,507 (+10%)
T2: ₹1,670 (+21.8%)
📊 Risk-to-Reward (R:R): ~1:1.23
Note: Lock in partial profits if the stock moves 8-10% in your favor to manage risk better.
🔘Risk Considerations
⚠️ Against the Trend: This is a counter-trend trade; if the broader market corrects further, the stock could follow and hit SL.
⚠️ Position Sizing: Strict risk management is critical; beginners should avoid it until the market stabilizes above the 200 DMA.
🔘Key Financial Ratios
Liquidity Ratios:
Current Ratio: 2.52
Quick Ratio: 1.51
Profitability Ratios:
Return on Equity (ROE): 41.6%
ROCE: 41.6
Valuation Ratios:
Price-to-Earnings (P/E) Ratio: 22.6
Price-to-Sales (P/S) Ratio: 7.68
📢 Disclaimer: This analysis is for educational purposes only. Consult your financial advisor before making investment decisions.
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.