Very strong resistance. High volume bars. Nifty also going in bear zone. Malls are far from opening Limited new movie releases. Fundamentally and also technically - this stock will go down as fast as it has come up. I am expecting this to give 10%+ return in coming week if you go short.
Go long after the triangle breakout arounnd 467 levels Stoploss at 456 Target : 480 + (Short term)
Metal sector is on very critical area if this Resistance breaks than long upside rally will come. Watch out this three metal shares: 1) JSWSTEEL 2) TATASTEEL 3)JINDALSTEEL
Ticks : 1) Chinese double bottom formation. 2) volume conformation. 3) Range breakout. 4) Lockdown is getting over periodically. 5) High MF and Fii holding. 6) Fundamentally sound stock. Buy : current level Targets: 1038 (short term) ** Can look out for long term also.
Hold 3 months . Fundamentally very strong 26.5 target Accumulate 23 to 23.5 in between. 15% returns
good fundamentals. long-run has good growth. good to enter below 900 to 840 in between. it will be doubled in two years
bajfin short sell setup ( on recovery )
Tata Power is trading @ cheap value. Demand zone stand @ 48.95-25.00, SL@16.25
In Gujarat state petronet Ltd. found a intrinsic value @246 but the price is below from this. this is a best time to buy GSPL at demand level @146.8 SL @116.50
Fundamentally found intrinstic value in Gujgas @ 169.75 and SL@159.85-145.00 target as your comfort.
Technicals: Firstly, The chart has broken channel and then retested the upper trend line of the channel and confirmed it as support and it started moving up indicating a positive move to upside. A further positive close above the channel shall lead to the prices to go up to 200-225 levels, with technical stop at 160 levels. Fundamentals: The company has reduced...
RBL Technical RBL Create Buying Pressure at 684 and selling Pressure at 675.50 RBL Fundamental RBL Bank has informed that the Board of Directors recommended a final dividend of Rs 2.70 per equity share. The bank's Q4 net profit has jumped 39 percent at Rs 247cr. However, the stock is trading one percent lower.