EICHERMOT 1D, is at 52 WEEKS HIGH now.
FUNDAMENTALS: Eicher motors posted NEGATIVE results since 3 quarters and stock still makes 52-weeks high which doesn't look sustainable to me.
TECHNICALS : stock forming DOJI on top and trend reversal may happen .
My view : Eichermot may fall and I'll short ONLY below the Low of doji.
Trgt is near 2300
It may retrace...
GNFC has completed a Head and Shoulders pattern and is now taking support at the neckline following an upward breakout. Continued upmove can be expected once consolidation is over. Target or 350 likely i.e., a 50-60% move up
Analysis:
RSI levels at ATH but the stock is still well below the expected price when launched
Volume Osc indicate an institution buying continuously
The stock will be on top nifty50 list in 2 years
Investment Strategy:
Stock will be one of the highest performers in the next 2 years - buy at the small dips
Strong fundamentals means it will keep rising, sell small...
IRCTC is a fundamentally very strong stock with a monopoly in the world's biggest railways!
The stock has been consolidating in the range since a VERY long time!
The stock has rallied before the global lockdown - true price discovery still not achieved!
AFFLE India is a great stock to hold in the portfolio. The stock has shown interest in a lot of investors in the past. We can Expect the stock to go as low as 3300 - 3100 levels.
But a great opportunity for investors to get exposure in a monopoly business.
The stock has great fundamentals.
Above 568 or todays high
very good volumes from past few days
target 614-685
support 405-385
absorbed huge volumes on dec month
very good base
my position from 500
@Tradethetip already given idea
MASFIN was strong before lockdown.. if the market remains bullish for the next 2 months then the stock can give 40+ percentage from current value.
The first target should be around 1100 and second target around 1200
If the market falls then the stock can take a hit
Be careful and do not take a loss of more than 15%
An investor can take exposure of about 5-10%...
