Target 4500 Long term Target open above 7000. Sl 2800
Auto Industry, depicting robust fractals (part 1) Not long ago, auto industry and its ancillary companies were hitting all-time highs. But lately the mood has been somber. Motherson Sumi is down 40% from its 13 month high (or rather all time highs), whereas Maruti is down more than 25%. So is it the right time to buy? What caused such change in fortunes? Can...
Entry @ 400-405 Target 460/600 sl 385
Monthly chart CNXPHARMA Price action: Blue arrows show higher top and bottom Line studies: Price moving out of red downtrending channel Averages: Support at 200 period EMA in June 2018 and Feb 2019 RSI: Bullish divergence + trending up NSE:CNXPHARMA Comment: One can consider investing in pharma funds/Etfs with a systematic investment strategy for 5 years (Holding...
Which stock will you prefer to invest your hard earn money ? a) stock which have No debt in last five years. b) stock which have small debt comparing to their last five years. c) stock which have big debt comparing to their last five years. d) None of the above. My choice is (a) . What yours ? Feel free to give your views in comment section .
Start of 2018, I had picked out Gold as the asset class of the year. Then Had a choice between Gold, Equities, OIL and then booming BTC to pick from. While Gold hasnt delivered it has emerged as the best performing asset class of 2018. Coming to 2019- it looks like Gold is in a larger consolidation theme, ranging back to 2013 onwards. There seems to be not much of...
Looks like the correction has completed in QUESS CORP. and even if it is a third wave of the continuing elliot ,the target for fourth wave is coming out to be 900-920 levels which will be correction wave. (1100-580=520 )61.8% of 520....around 320-330 levels.. Low is 580, According to theory,target will be 580+320 which is 900 Trading now @ 690 levels. FOR MORE...
Wait for 500 - 540 levels to accumulate NSE:MOTILALOFS and give it to your children!!!!
On the verge of Break Out. Support/Demand Zone. Above Fibonacci. Above 21 EMA. Fundamentally Good But Wait For Break Out. As Per Internet Data Book Value : Rs. 117. P/E. : 8.37, Industry P/E. : 15.25. Buy Above Given Levals Only. Investment View For Educational Purpose Only. Other Details Mentioned in Chart. Please Consult Your Financial Advisor Before Taking Any...
On Weekly Chart Break Out After Consolidation. At Support/Demand Zone Of 2 Years. 21 EMA Acting As Support / Resistance. Bounced Above 21 EMA. Buy 70 % @ CMP & Remaining 30 % @ 105. Investment View For 1 Year. As Per Internet Data Fundamentally Looks Good. Book Value : Rs. 141. P/E. : 5.15, Industry P/E. : 11.37. Will Review After Every Quarter. Other Details...
On Weekly Time Fram At Demand Zone. At Support Zone. Above Fibonacci. Accumulate On Parts In Demand Zone. Other Details Mentioned In Chart. Investment View For Educational Purpose Only. Fundamentally View : As Per Internet Data Promotors stake has been increased. Company Is Almost Debtfree. Please Consult Your Financial Advisor Before Taking Any Decision. I am not...
TORNTPOWER is a buy on NSE (Cash Market ONLY -- NO FNO) Buy at 253 Stop-loss 245 Target 269 Consult your financial adviser before Investing
This is weekly chart of DIVISLAB on NSE with CMP @ 1477.80. It seems to be an excellent scrip for long term investment based on following observations: 1. Price was trading in a channel as shown on the chart since June 2011 unless it broke down in Dec 2016. Price once again has entered the channel after deep corrections. 2. Price has broken previous high made in...
This is weekly chart of ATUL on NSE (INDIA) which looks an excellent investment idea based on following observation: 1. It is up trending scrip which is quite obvious by looking at chart. CMP is 3304.65) 2. Two trendlines have been drawn which have been tested many a times exhibiting multiple supports (shown by arrows) 3. Dividend has been paid in July 2018 (Rs...
Lupin has created the bottom in my opinion and now it is looking good for a bull run which will lead its price back to its all time highs. As everyone knows it has strong fundamentals with minimal debt available in its balance sheet. On the technical charts it has created two strong Bullish Reversal Patterns which are Abandoned baby and 3 White Soldiers ....
Go long with Ultratech cement with SIP mode buy 5 to 10% on every Decline or buy on every next support level