trendline19

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#ParagMilk a leading dairy product company.. Stock is on bull run for last few weeks and now a good BO with volume. CMP 164 SL 145 tgt 205/240

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#HatsunAgro CMP 975 good set of results. On chart good base formation ad ready for BO. Can be added in parts for 1100/1200/1340 in midterm SL 910

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#GET&D CMP 250 can be added on every dip.. very good consolidation between 180-230 and now breakout. Can be held for 310/375 in midterm. Keep 175 as SL (Bit deep so only for risk takers)

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# FSL CMP 139 Buy for midterm. Seems ready for very good upside.

trendline19 Updated 

#RouteMobile showing highest volume after July'21 and ready for breakout. Wait for close above 1350. ROute hase formed a base in the range of 1070-1270 and now ready to move above this range with very good weekly volume. Route Mobile also showing good quaterly results and now cheaper stock in this space after good correction from the peak price of 2390 Can be...

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#Persistent CMP 4691 forming a base around this level. Earlier it respected the Demand zone between 3900-4100 and came abv again the resistance level of 4400. Seems ready for good upside from here to 5000/5500/6500 in mid term. Trailing SL 4575 closing basis.

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#PixTransmission looking very good CMP 840 very high last week's volume. Seems ready for good upside. Stock is hovering around 17.7 and sales increased in March qtr.

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#IntellectDesign good breakout after 27 week's consolidation. CMP 531 seems ready for good upside. Can be added on every dip for 30% upside from here.

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#MadrasFertiliser formed a base for 12 weeks and then price breakout above the upper base limit. Will add CMP 74.45 and upto 65 for 25% upside for 94 with trailing SL at 60. Stock is hovering at 5.14PE and ROCE at 28%. Quarterly and yearly sales are improving with decent 10%OPM

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#DivisLab showing a good reversal after filling the gap between 2800-3000. Accumulating for 3300/3700/4300.

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Dr Reddy CMP 4763. Chart is showing similar formation as happened in 2019. Showing very good BO of box and EMA cross over. In 2019 stock just doubled from the BO level. One can expect ateast 50% upside from here. For investors the SL is deep at 4200 on closing basis.

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IZMO CMP 121 : The first company to have procured a license to manufacture arms and ammunition in India under the Make in India initiative. It gave a technical breakout at 104 and now heading for previous high of 149. If crosses 150 and gives weekly close abv that then one can expect another 25% upside.

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#AparInd CMP 2475 is showing a good BO after 4 weeks and forming a flag with good volume. Can be added for 2600/2800/3000 Stock P/E 19.8 ROCE 26.9 % ROE 16.1 % Profit Prev 12M ₹ 363 Cr. CWIP PY ₹ 28.7 Cr.

trendline19 Updated 

#HGinfra moved in the range of 500-660 for 280 weeks and finally breaking above this channel. Good order book and profit margin. Retested the BO level and again moving ahead. One can expect to see 700/750/800 in coming weeks with SL of 650 on CLBS. Such long consolidation BO works as very good support and can be accumulation zone whenever price comes to touch...

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Valiant Orgaincs is trading at 430 a very correction from the high of 1970. PE 16 ROCE 18.4% Promoter holding reduced in 2021 and now at 38.4% Good 2022 sales numbers almost 65% up. May be a good bottoming out candidate only for risk takers.

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Sudarshan Chemical showing a very good base formation and BO after 18 weerks. CMP is 409 can be added for 470/4570/620 with SL 360

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#AsterDM CMP 235 forming a Inverted Head and Shoulder and n a rising channel. Pharma sector is now forming a bottom and looking good defensive bet. Can be accumulted for 265/285 with SL 220

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#AxisBank had break out at 825 and now retested the same. Top class Private sector bank. Can see 910/1000/1100 in coming months