Some Gems in the Squalor Bins.

Tight range continues on the broad indices, expiry day saw some volume moving up, but not anything to talk more about. If there is going to be any rally from here, it will fall short of next resistance. New high new low index today has gone in favor of bears. Anything that goes without decision ends in despair and so is the markets these days. 

There are few GEMS even in this rubble of sideways consolidation. Today, we will talk about INDIA CEMENTS, after its Q4 results. This stock has been in the EPS Top ranks for quite a few months now. It has also given a great opportunity to traders, to capitalize on the Cement Industry leadership in the markets, in the last quarter. Almost every Cement stock was up and running, now as the monsoon approaches Cements take a back seat. 

INDIA CEMENTS, Q4 was again worth writing, it has achieved 11.83 % sales Growth and 17.41% EPS growth in comparison with the same quarter of the previous year. A high growth in EPS means the company is adding more value to its products. This is a great plus to any stock. Rankings are 92.98 on Earnings, 91.20 on Sales & Net Profit Growth while its Price relative strength has come down to 52.82. This means opportunity, we have to keep this stock in our watch list for a trend reversal or a resistance break to trade long.

Mutual Funds have been big buyers on this stock, in the last 2 months they have accumulated above 46 lakh shares. And the Industry group ranking of Cement Industry now is A-, which indicates that the industry occupies the top 20% slot in ranking tables. These are the Gems that you need to identify and wait for them to give an opportunity to get long, it will be a sweet walk to the Bank, laughing loud. To 'Make a Living Trading Stocks' we get you such super performing stocks which will almost always give above 20% returns in each before they get their exits. 

In the last quarter, INDIACEMENTS gave a Rs. 30 gain on 73.50 Investment per stock, it is above 40% in 80 days, isn't it just great? We shall wait for such beautiful runs and take the opportunity when it is presented. Take this stock to your watch list and track it regularly. BTT will track on its own way and report the opportunity right before it happens.

Happy Trading from Team BraViSa.