Wednesday, April 5, 2017

Technical Analysis of JSW Energy Limited (NSE India) on 5 April 2017

Technical Analysis of Indian Stocks: JSW Energy Limited (NSE India) on 5 April 2017

This is no buy/sell recommendation – just a trial to see if Technical Analysis (works to an extent) in NSE – India.

First let us look into the Technicals: JSW seems to be on an up move although it has some overhead Supply Zones. Recent increasing volume seems to suggest that the Bulls are getting excited.

Prediction: If it can break overhead resistances, at least 75 is a possibility (with SL @ 60).

Fundamental Data: Revenue, profit look good. Debt (leverage) might be a problem ... 


Mn INR
2014
2015
2016
Sales
85 520
92 359
98 104
Operating income (EBITDA)
32 514
36 234
41 446
Operating profit (EBIT)
24 415
28 337
31 944
Pre-Tax Profit (EBT)
10 600
18 921
20 513
Net income
7 547
13 495
13 955
P/E ratio
-
-
9,64
EPS ( INR )
4,60
8,23
8,51
Dividend per Share ( INR )
2,00
2,00
2,00
Yield
-
-
2,44%
Reference price ( INR )


82.05





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