Long Term Equity Call - ADANIPORTS 23 Sept 2016

LONG TERM EQUITY PICK - ADANI PORTS & SPECIAL ECONOMIC ZONE (ADANIPORTS)

CMP - 275.30

Last one year trend

1. Moving Averages (5, 10, 20, 50, 100, 200) - Suggest Buying option not only for short term but for long term as well.
2. RSI (14) - Suggest Buying
3. MACD (26,12) - Suggests buying
4. William %R - Overbought Stock
5. Bull/Bear Power (13) - Suggests Buying 
6. Past 6 months trend shows the consistent growth with little corrections in between. Current Resistance Level at 275.00 and Support at 180. Next Resistance level expected to form at  330-340 levels which is same as past year's Resistance Level.
7. Positive Social Indications for Buying (75+%).



Increasing Revenue and Margin year after year

8. PE Ratio of 18.62 as against Industry PE of 17.86 - somewhat same.
9. 5-year Net Operating Margin of 38.99% against Industries Margin of 27.76% - high future potential.
10. Cash fLow per Share of 19.88 vs Industry with 14.6 only.

Overall Strong Technicals and Financials, suggest to go LONG on ADANIPORTS.

Target 1 - 330---340

Target 2 - 400+

Stop Loss - Below 240.

Keep a watch on your investments since the market is uncertain and highly volatile. The stocks show corrections in Long phases. Patience is key for Long Term investments.

The stock is JUV's Choice for a suitable portfolio and so has been added in JUV Portfolio One

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