the price tend to bounce at 293 support as this proved to be strong support in the recent times. second support is 273 points. as the current market condition is good for chemical and pharma we can take a call in the dip. Disclaimer Note: the above views is only for study and analysis purpose. Trade at your own risk.,
Aarti Industries have given out a positive breakout.If it sustains above 1040 Level then the 1st Target is 1100 and 2nd Target will be 1140. Wait for the conformation and then enter the Long trade
Long above 1800 for higher targets. Considering results yet to come this week expecting the stock to break all time high soon
Technical Trade - Atul has been consolidating above 50DMA. Price is around the 61.8 retracement level. Down days are on extremely low volume and up days are on higher volume. Price is contracting. I will be buying above 4745. This stock has great fundamentals.
I took a pilot position at 1560 and I will be looking to add at current levels or closer Technical: stock quickly recovered from recent COVID-19 crash lows. It held 2019 lows and surged higher very quickly to make new highs. up days are on relatively higher volume as compared to down days. down days are on very low volume, which signals that the selling may be...
I took a pilot position at 412.5 and I will be looking to add at minor corrections Technicals: stock quickly recovered from recent COVID-19 crash lows. It held 2019 lows and surged closer to its 52WH. Price has been consolidating since April. Fundamentals: TThis stock shows good sales and profit growth. TTM earnings are close to highest levels since 2018. if...
I took a pilot position at 5200 and I will be looking to add at minor corrections Technicals: stock quickly recovered from recent COVID-19 crash lows. it didn't break the previous low made Aug 2019. Broke out an exceptionally high volume and has been consolidating its gains. Fundamentals: This exceptional rise in OPM has lifted the profits to the highest level...
I took a pilot position at 397.5 and I will be looking to add at minor corrections Technicals: stock quickly recovered from recent COVID-19 crash lows. It held 2019 lows and surged higher very quickly to make new highs Fundamentals: This stock shows good sales and profit growth. 5 years of sales growth - 24% 5 years of profit growth - 135% Margins at a record...
Sumichem has been showing good price strength. I've taken a pilot position at 234 and 248. awaiting results to add to my positions, if they are good
I took a pilot position at 485 and I will be looking to add at minor corrections or on the way upward (when the price shows more strength) Technicals: stock quickly recovered from recent COVID-19 crash lows. It held 2019 lows and surged higher very quickly to make new highs Fundamentals: This stock shows good sales and profit growth. 3 years of sales growth -...
NOCIL is a specialty chemical company and is related to rubber manufacturing chemicals. With the auto sector starting to resume business, the demand for these chemicals by tire manufacturing companies with gain traction. Fundamentally it is a good stock. Currently, it is trading in a zone and testing the upper resistance regularly as per the 4hourly chart. ...
Atul ltd has currently taken support at 4500 but seems it will break this and reach 4250 or 4000 before continuing the larger up-trend. Would wait to see the consolidation play out before initiating any fresh buy positions.
A must have in portfolio. Buy at small risk around 300-320 with 10% stop loss. Target will be around 1000 in 1 year. Momentum stoc
Buy Deepak Nitrate above 378 , Targets Open. Stop loss 353
After witnessing a sharp decline since May this year UPL has managed to stage a slow but steady revival . The daily charts reveal a steady trended action that is seen generating a demand at every pullback. The ascending trendline support suggests that the uptrend is intact and we could see more upside as value area resistance around 600 has been overcome. With the...
Short Futures: Positional TGT: 680 SL: 705
Tata Chemicals gave good run nor in resistance zone. The information is for educational purposes only and does not constitute an offer to sell now a solicitation of an offer to buy any security which may be referenced by me. The information provided through my charts is for personal, non-commercial, educational use and display.