A stock in strong momentum..but plenty of tailwinds of metros all across the country.. Long above 600 with a SL below 565. A nice little wedge breakout into fruther momentum on the back of a gapup which already exists.. Gapup momentums can often be very strong if the gap doesnt fill.
With a large order book..O&M business starting to grow.. The potential in Saudi Arabia going ahead. Chennai Desal plant + hopefully more such plants in India. The stock could move ahead a lot more. Long above 660 with a SL below 620. A new breakout after a short consolidation.
One of those stocks i am calling high risk high reward coz of the debt issues with the parent company and the promoter trying to sell some of those parent co assets to his Indian listed entities. But as an entry it cannot come as a lower risk entry (200EMA & 200WEMA crossover). The trade could literally be taken with a 1-2% SL because of the crossover of the...
With metals starting to do well... This is an under rated recycling stock which is also growing.. The stock could first go down to 490/500 before rising up and breaking out above 521.50. Small 2.5% on the way down and then doubling up above 522. The chart also has a C&H on the BSE chart where it was listed longer.
With RBI not extended the term for the old nominee director... The market could take that in a positive wawy.. Long above 283 with SL below 272. Can double the wedge breakout or new high breakout.
With tankers and container ship rates now going up..GE could be a major beneficiary as last time only tankers went up while containers went down.. Long above 1005 with any move above 1050 leading to a much larger allocation. SL for the first part of the trade woulld be sub 910 so keep the allocation at 5% and add more above 1050 where the SL can then be shifted to 1010.
With LIC getting a 10 year exception on not having to sell promoter stake, this takes away a major overhang on the stock... No there is no pressure on the govt to have to sell its shares quickly. Long at current price with SL below 745. Would double up the allocaiton above 800.. Note: This is a news based trade and the stock has already moved up significantly...
A stock i don't know much about fundamentally.. But its crossed above the 200WEMA which is always a healthy trigger. Long at CMP with SL below 90 makes for a super trade here. The stock is making new highs and might break towards 108 and then further.
A stock thats been promising a lot since a v long time. Long above 82 with a SL below 74. Triangle breakout has already happened..now all the stock needs is a solid follow thru.
Breakout out of a downward trendline and also above a range its been clustered at in Oct and fell from. Long above 720 with a stoploss below 670. First target 790... Once that gets taken out it could move much higher and maybe even into new ATH territories.
One of the cheapest metal co's..one which could soon see a trend reversal. The stock has taken resistance many times at the AVWAP of this entire downmove (marked with the red arrows) If the price can cross above that it could quickly go to 112. So long above 103.50 with SL below 100. This would initially be more a short term trade for me coz i believe it might...
A stock thats been consolidating the last few weeks and one i believe might be an M&A target. Long above 22.25 with SL below 21.10 for morea aggressive targets but 20 for more conservative traders. I'd take a lower allocation and keep a deeper SL and double up above 23.25 which would be the real breakout.
With a ratings upgrade...NCLT hearing around the corner.. The stock is crossing back above the 200WEMA and also AVWAP of the recent downmove. Long above 91 with a stoploss below 85. The breakout will come this week or next but it should surely come soon.
With paint industry being inversely proportional to crude.. A fall in crude prices should bode well for the company Long above 3300 with SL below 3140. Looks like it could explore the ATH again..
With a breakout around the corner watch for the stock to go towards new highs.. Things are now streamlined for the company and going ahead things should get better.. Long at CMP with SL below 350. There could be a downward trendline breakout.
A stock that consolidated for a bit and now with the exit polls showing the ruling party is doing well..PSU momentum could continue. Plus plenty of orders could continue to come in. Long above 147.15 with a SL below 140.
One of those stocks which has frustrated its owners since IPO... Many gave up on it but recently its shown some strength.. Long above CMP with a 5% SL.. It could see resistance at 735 but above that there is a good move possible on the upside.
Since its listing LIC has only fallen..but its also a value stock. With the new offer of 10% guranteed returns it could keep the stock in the news and could lift the mood around the stock.. The stock is flirting with the AVWAP (blue line) where if it crosses it could signify a trend reversal. Also the stock has crossed back above the 200EMA which signifies a...