Defence
BDL LTDBDL 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.
target:555
time:4.5 month
AXISCADES Long term high RR Bet
#axiscades
A very high risk to reward bet.
***LONG TERM***
THEME:
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.
#vr
DCM Shriram Industries the Gem💎DCM Shriram Industries
cmp 108
Reasons for selecting this stock🤍
🔹Interesting company
🔹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
DCM Shriram Industries Ltd is primarily engaged in production and sale of sugar, alcohol, power, chemicals, Drones (UAV) and industrial fibers
LT may gain after India's import embargo on 101 defence items. Background:
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 benefit from. (Source: ET)
Technical Analysis
As per technical analysis, LT, moving along with the rising trend line, and with this positive news, the stock has broken the resistance of ascending triangle pattern and that has been supported by the rise in volume levels.
Rolta- at the receiving end of Investor's participation!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 upside potential of 67-68 level in the immediate term.