This stock style is like accumulation and giving a big move, then accumulation and a big move. See the entire chart, like only stocks take resi and move, rest and move.
No recommendation for buy and sell
This is an uptrending stock following the Dow Theory.
Long term view. 1-3 years
Buying range 400-450
Target 1 - 550
Target 2 - 595
Target 3 - 612
Target 4 - 642
Stop Loss - On Monthly chart if closes below 390
BDL LTD...stock is trading in the range of 455 to 360 for more than five month....stock break all previous level...makes ath...
also rsi cross above 60 monthly charts showing long term strngth...
in jan month stock made invitation for trade..
generally monthly charts is used for investment.
A very high risk to reward bet.
AI, AEROSPACE, IOT, VIRTUAL SPACE,DEFENCE
Started adding from levels of 30 rupees.
Adding more today as breakout seems to be good.
Safe players stay away.
Need to watchout todays closing as well.
Fundamentals are not that great. Just betting money which I can afford to loose.
DCM Shriram Industries
Reasons for selecting this stock🤍
🔹Pullback done and expecting a upside movemnt
🔹Another breakout above 116-117 range
🔹Also company involved in armed vehicle manufacturing & drone manufacturing
🔹Furthermore Govt. decided to reduce defence import.It will be postive for the company
ABOUT THE COMPANY
Experts said companies catering to the defence space may gain due to sentimental impact but the actual impact on financials will be known if this initiative translates into order flows.
The three most sought after stocks for defence are BEL, Bharat Forge NSE 3.41 % and L&T. All three have a pipeline and they are the most potential players who can...
Rolta is currently receiving significant attention from the investors coupled with rising volume in the last couple of sessions. Delivery volume of Rola is about 6.5lacs on the last trading session has risen by >80% against the last 5 trading sessions delivery volume. The stock has corrected since it's last high. With this view, one can go long at the CMP for an...