-------- Forwarded Message --------
Subject: Hindalco: 120-130 May Be A Big Hurdle Despite Improving
Outlook & At Around 40 PE, It May Be Quite Expensive Too !!
Date: Tue, 14 Jun 2016 09:15:28 +0530
From: Asis Ghosh <asis...@gmail.com>
Reply-To: asis...@gmail.com
*Trading Idea: Hindalco*
*
* *CMP: 115*
*
* *Either sell around 118-123 OR on rise around 130-135*
*
* *TGT: 109*-105-100-95-90-82*-67-58*-50-38 (1-3/6M)*
*
* *TSL> 125 OR >140*
*Note:* Consecutive closing (3 days) above 140 for any reason, Hindalco
may further rally up to 150*-158-166-177 & 192-200 in the near to long
term (alternative bullish case scenario)
*For Hindalco: Standalone Basis*
Q4FY16 TTM EPS: 2.94 (FY-16/Actual)
Projected FWD EPS: 3.45-3.95-4.55 (FY:17-19/Estimated)
Average PE: 25
*As par BG metrics and current market volatility:*
Present median valuation may be around: 85 (FY:16/TTM)
Projected fair valuation might be around: 95-100-106 (FY:17-19/FWD)
HINDALCO EPS BV P/E Low High Median 200-DEMA
10-DEMA
Q4FY16/TTM 2.94 183.35 25 82.20 88.85 85.52 91.92 107.41
FY17/FWD 3.45 193.5 25 89.04 96.25 92.65 91.92 107.41
FY18/FWD 3.95 204.25 25 95.27 102.99 99.13 91.92 107.41
FY19/FWD 4.55 215.35 25 102.25 110.53 106.39 91.92 107.41
*Analytical Charts:*
<https://1.bp.blogspot.com/-d4zFD2Dly0I/V198B7ukAOI/AAAAAAAAHfE/1TNyEM8tDPUZG-ZTsGf0kaBqGtZY0U6qQCKgB/s1600/Hindalco-wk-13-06-2016.png>
<https://3.bp.blogspot.com/-34zwwcpOAjw/V198EAl_YFI/AAAAAAAAHfM/ctyFRWxwD3MA293oDtiwQ2QIygNylByJwCKgB/s1600/Hindalco-FIBB-13-06-2016.png>
<https://3.bp.blogspot.com/-Mtwg3bybWQ8/V198Gm2NHfI/AAAAAAAAHfU/_JuEIyhvnakXmWejGf4pJKlBsWX4u-hwQCKgB/s1600/Hindalco-WK-MA-13-06-2016.png>
<https://1.bp.blogspot.com/-OLj6tkAg0zY/V198Jf1262I/AAAAAAAAHfc/W0eyYrRpnfka3JcZuMpKoHa5zswd4k1yQCKgB/s1600/Hindalco-TL-13-06-2016.png>
<https://1.bp.blogspot.com/-FPaWNe2bsCc/V198L87_TbI/AAAAAAAAHfk/rLklCbug85EG6wddNeGIMWr_vdqPcRStACKgB/s1600/Hindalco-Pattern-13-06-2016.png>
<https://3.bp.blogspot.com/-Iw3FCZ9Y6RM/V198N4BsgSI/AAAAAAAAHfs/0alo8lg7BakYBEXzeaBGl_veg7eV3n5MwCKgB/s1600/Hindalco-EW-13-06-2016.png>
--
Thanks & Regards,
Asis Ghosh
(asisghosh.blogspot.com)
NCFM-TA Certified
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