there is a global trend for outsourcing paning out around the world
their facilities are fungible and are trying to achieve Economies of Scale
read the details on the chart and DM if you have any doubts
Gujarat State Petronet (GSPL) is involved in the business activities of Transport via pipeline.
The Stock is ready to break out a multi year resistance soon. The stock from a technical standpoint is trading close to its 50 DMA and comfortably placed above its 200 DMA. There is a clear positive crossover of MACD line on daily charts signaling bullish view. RSI is...
Voltas Ltd. is involved in the business activities of Manufacture of refrigerating or freezing equipment f industrial use, including assemblies of major components.
The stock is moving in a channel for quite sometime now. growing volume in the stock suggests that the stock is ready to breakout.
The Company is well known and needs no explanation. Debt Free...
Csb Bank is involved in the business activities of Monetary intermediation of commercial banks, saving banks. postal savings bank and discount houses.
The Stock broke out of Ascending Triangle Pattern with Cup & Handle Inside and that too with good volume. RSI is at perfect levels. There is a perfect MACD crossover as well. All technical indicator is...
NTPC is showing positive sign to take next leap of growth and looking as promising stock for SIP or short - mid term holding.
Chart has been analyzed on Weekly Time frame... portraying good movement after trendline breakout and expect price to pickup it momentum, if price on daily time frame closes above 115
We feel it's an ideal BUY and HOLD stock for short...
HINDUNILVR | Those who missed previous opportunity can give one more try now 🙂 Low volatile and Strong Index's Darling stock
CMP : 2055
SL : 1980
Target : 2500
Almost 1:7 risk reward
On 22nd Sep shared the weekly time frame chart.
SUDARSCHEM | Looks good for a swing - 18%
CMP : 439
SL : 425
Target : 535
Falling with poor volume
Strong RSI divergence in 30 min's and Hourly time frame. Expecting it it will stablize here and turn bullish from this trendline support
Manappuram Finance - Entry@125
Sales growth of 15.5% since 2015
Income growth of 38% with an average ROE of 18%
I have initiated a pilot position. I will add more based upon price strength and 2019 march annual earnings guidance.
Future Lifestyle - Adding a pilot position @ 480
FLFL sales have been growing at 10.5 % since 2015. Earnings are growing at 71%. The stock is trading near an all-time high with a sustained price strength. I have initiated a pilot position and will be adding more depending on how the price behaves in the coming days.