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
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...
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.