Delivery
APL APOLLO TUBES🍁 Short + Long Term entry possible 🍁
enter if possible @955-920 range ❄
sl below 880❄
trgt 1100-1200❄
long 1500-2000++ ❄
stock in a accumulation mood 🏋️♀️🏋️♀️
just check it's delivery percentage.❄
highly postive👌👌
any time It can blast.....🚀🚀
so keep watching guys....❄
study🙏
about business(#copied)
❄ APL Apollo Tubes Limited (APL Apollo) is one of India’s leading branded steel products manufacturers.
❄The company has well diversified operations with product portfolio comprising of 4 primary products with different specification as per the customer need in each primary product category. the categories are:-
The categories are Apollo structural (63% of revenues), Apollo Z (18%), Apollo Tricoat (15%) & Apollo Galv (4%). The products find their use in buildings, houses, warehouses, factories, skyscrapers & industrial & agricultural activities.❄
Godrej Consumer Products - BuyGODREJCP - Analyzing the chart...
1. Future Cloud is Bullish
2. Slope of Senkau Spans, Kijun Sen and Tenkan Sen all are upwards
3. Stock has shown a fresh breakout from 3-4 months long trading range
Actions Suggested:
A. Buy with stop loss of Rs. 750.
B. Exit if today's close is back in range.
C. Target of Rs. 850, over and above this levels a trailing stop loss of Rs. 50 can be kept.
Note - Material is only for educational purposes, assess your risk and enter position. We recommend only cash positions for the scrip.
If you benefit from our material, please donate 1% of profits towards education of poor children.
Long on AMARAJABATAmaraja Batteries has just given a breakout from the triangle pattern. One can buy after it retests the levels.
1st Target - 780
2nd Target - 794
SBIN WEEKLY CHARTSTATE BANK OF INDIA (SBIN).
SBIN CLOSE THE WEEKLY RESISTANCE. AFTER LONG STRUGGLE.
NOW THE RESISTANCE SHOULD CONSIDER AS AN SUPPORT
BUT, HERE INSTITUTIONAL PLAYERS ARE POSSIBLE TO ENTER. SO, WAIT TO WEEKLY CANDLE CLOSE ABOVE THE WEEKLY SUPPLY ZONE.
THEN ENTER THE MARKET. THAT MUST BE SAFE AND WE MAKE A GOOD PROFIT.
MPHASIS Positional | Cup & handle + Trendline BreakoutCMP : 920
SL : 823
Target : 1060, 1150
1) Very bullish trendline breakout
2) High dividend paying company so attracting buyers more on dips. Recently provided Rs.35/- per share, that is almost 3.5% yield.
3) Excellent delivery volume last 2 weeks, on average the company is having 40% + almost everyday.
4) Cup & Handle is pattern is very strong in sideways market
Consider buying in dips.
Reliance: Beyond technical analysis Today earnings of Reliance industries were declared. It is very clear that the bottom-line of business took a good hit.
Now, RIL has issued the right issue. Here is my look at how as an investor you should look at it.
The right issue will technically reduce your ownership if you don't participate in the right issue. I think one can sell RIL from current level and add them back at around Rs 1260. You can use this profit to buy more shares. (In this case around 15%)
Why 1260?
There is a gap that will be filled by RIL in the near term & personally I have a bearish view on Reliance Industries for short term
Supporting points:
->Low delivery Volume: 28.47% as on 30 April 2020
->Heavy put writing: 1600 OI -> 1,118,000 with a significant increase in OI
1500 OI -> 1,163,000
->Siginificant rally in short term may lead to profit booking.
->After the right issue most of the stocks face heavy selling. (Personal Opinion)
Bollinger Bands + Volume
I have combined Volume with Bollinger bands to show a significant increase in volume. This states that Big/Smart money is present here.
Support/Resistance
I have used Fractals to identify S/R
It is possible to see more upside in Tata GlobalIt is crossing its resistance zone and trading @ 52 week high. Now strong support @ 300 zone and possible to see more upside in this stock.
I may add this stock in my long term portfolio.