Buy!
RCF - Mid/ Long Term BuyRCF seems fundamentally strong - again its in chemical sector.
Also presently showing a good consolidation.
High potential to give a strong breakout and continue in that direction.
Keeping an SL below 67 Rs, I have started to build my portfolio in this stock. I have already bought about 40% of my fund allocated for this stock. Currently my buy avg is 82. Will add more if and when its coming down.
I will exit at a tgt about 40% up, but I am seeing it to reach a potential of 165-85 Rs.
Let's see.:).
Usual Disclaimer: These are just my views, I am only SHARING my views - kindly do NOT trade blindly with these levels, please do your own research before entering/ or as per advice from your own financial adviser.
This is for a mid to long term investment only, its not a positional or an intraday trade
WIPRO | Short Term Opportunity | LONGHola,
Wipro is Available at decent discounted price than it's pears . Within 10-15 days It should regain it's 675 levels . Following trading position can give you decent trade for this month.
Important Signal to watch : Double Bottom | RSI Divergence | Trend Line Breakout Can Happen within 1-2 sessions | Started Travelling above daily point of control line
Buy Range - 550 to 575
SL- 530
Target- 675 (15-25 Days) | 750 (2-3 Months)
Best Regards
Vishal Malviya
INDUSIND BANK LONGNSE:INDUSINDBK
Given beautiful breakout from W pattern and retraced, Good time to enter with suitable RRR.
Risky traders enter now
Who wants to play safe can enter above 970
SL 942
Target 1:2 at least
Note: It's only for educational purposes, I'm not SEBI registered guy.
Ping me if you have any doubts or analysis
Muthoot Finance Not Recommended NSE:MUTHOOTFIN
On-Demand Posted, Not a recommended trade
this stock is in sideways if one wants to enter wait till price takes good support with a good candle and volume, with suitable RRR take the trade.
Note: ita only for educational purposes, I'm not a SEBI registered guy
Nifty: Follow up In my previous post we had mentioned that 17550 zone is crucial for the markets. Sustaining above that would open doors for further upside
Despite the ups and down, despite the volatility, Nifty managed to close above 17750 on Budget day giving signs of strength.
Till the time Nifty manages to stay above its 50 day EMA, it might be a good idea to buy the dips
Take care & safe trading...!!!
Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be