COSMOFILMSanother good strong stock.
fundamentally strong
looks as if consolidation is over
ready to take a new leap forward
has value greater than current price
should appreciate over 20% in short term
volume supporting price..
for education only
Investmentidea
Jubilant Life Science - Long New Breakout Trade Idea
Jubliant Life Science
LTP ~ 866.30/-
Cup with Handle Breakout At INR 885.90/-
Note:- High Financial Strength, Mid Valuation With Technically Moderately Bullish
The stock from a technical standpoint is comfortably placed above its key moving averages, around 16% and 36% from 50DMA and 200DMA
Investment stock Buy above 64.00* Consolidate near 0.5 Fibonacci ratio and Rounding Base Formation in bottom.
* Buy above 64.00 with the SL of 48.00 Closing basis and the target is 73.00 and 110.00 .
* Marksans Pharma is engaged in Business of Formulation of pharmaceutical products.
*Company is almost debt free.
* Debt/Equity - 0.03
* Market Cap - ₹ 2,376 Cr.
PIDILITE INDUSTRIES - LONG New Breakout Trade Idea
Pidilite Industries
LTP ~ INR 1718.70/-
Consolidation Breakout At INR 1710/-
Profit Target Goal ~ TP 1~ 1850/- Shorter Term
TP 2 ~ 2000/- Long Term
Stop Loss ~ INR 1600/- Closing Below
ROI ~ 16% Long TErm Holding
RRR ~ 2.39:1.00
Note:- High Financial Strength, Expensive Valuation With Technically Moderately Bullish
ASIANPAINT INVESTMENTAsianpaint has come out of consolidation and has given a breakout from triangle pattern.
It has crossed its ATH(All Time High) with good volumes.
Its an evergreen stock and sector. A large cap and must be there in everyone's portfolio.
Buy them at this price and wait for good returns over the years.
INVESTMENT IDEA on SUNPHARMA | Rising Parallel ChannelStrong and HIGH PROBABILITY BUY SETUP on Sun Pharma. Currently in the best price zone to buy (510-500). Target: 562, 580
Time duration: HOLD for at least a month. Expected ROI 11-16%
The factors supporting our view are as follows:
1. Price is sitting just above the parallel channel's support trend line
2. Price is sitting just above an important psychological price level of 500
3. Price is sitting just above an important demand zone (495-505)
LIKE AND SHARE if you like our investment idea. Do let us know your opinions and suggestions in the comment section below.
Trading Experience: 2.5 YEARS
NOTE: The above mentioned view is our personal view. We are NOT SEBI registered. You are solely responsible for any losses that you might incur from our signals.
Asian Paints to trade sideways. Strategies:-
Intraday traders
Buy/Entry : Trigger Price: 1672, Buy Price: 1688, Target Price: 1724, Stop Loss: 1770, (*Trailing stop loss with step of Rs 4)
Positional traders
Buy/Entry : Buy Price: 1668-1672, Targets: 1724-1761-1791. * Do not put stop losses here. If stock breaches 1665 and continue to move downwards do not panic. Next buy level is 1622 and 1596. These are very strong supports. The Stock is expected to move back to 1826 within two weeks time.
Note : Intraday Traders who prefer to short sell, rather than buy trades, may follow below strategy only if stock opens between 1696-1702.
Sell/Exit : Sell Price: 1698-1702, Stop Loss: 1725, (*Trailing stop loss with step of Rs 4). Target Price 1668-1674
ONGC to trade sidewaysHi Traders!
Hope you are doing well in markets. My trading strategies might help you to increase returns on investments. My strategy prioritizes safety over exponential profits.
This stock being low in value will give profit or loss on high volume trading. So those who pay high brokerages should either trade in higher volumes to cover brokerages out of their profits. Calculate your cost of trades to find out the break even below placing orders. There are a few scenarios and place your order according to the scenario that you observe in market tomorrow.
Current close: 82.40,
---------------------------------------------------------------------Intraday Traders--------------------------------------------------------------------------------------------
Scenario 1:- Market opens between 81.70 and 82.40.
Strategy: Trade only after first 5 minutes.
Short Selling If price breaches 81.70 then wait for a fall and sell @81.45, Target 80.35-78.75, SL@ 82.20
Buy/Positions If price touches 81.70 and pulls up back then buy @82.00, Target 83.20-84.60, SL@ 81.70
Scenario 2:- Market opens at or below 81.70.
Strategy: Follow Short Selling strategy (Case 1) of Scenario 1.
Scenario 3:- Market opens at or above 82.40 but below 82.90
Strategy: Buy @82.40-82.75, Target of 84.60, SL@ 81.70. If price struggles to cross 83.50 by 1p.m then sqaure off your positions at 83.35-40-45-50.
---------------------------------------------------------------------Intraday Traders--------------------------------------------------------------------------------------------
For positional traders, The ONGC is expected to trade sideays for a few days.
Folowing is your entry point and short term targets for this stock.
Scenario 1: Trigger Price: 80, Buy Price: 80.40, Target: 82.40, - 84.60, - 86.10, - 92.25, Highest Target duration: end of next week.
Scenario 2: Stock doesn't correct: Buy Price@ 82.00-83.00, SL 81.55, Target: 84.60, - 86.10, - 92.25, Highest Target duration: end of next week.