Investmentidea
Long GodrejpropCurently Stock is at MonthlyDemand Zone. Trade is active, buy in part 1401 / 1350 / 1221.
for the target of 1659 / 1792 . strong close weekly close above 1792, Stock will move towards 1964 / 2161.
Stop loss will be weekly close below 1200.
Note: only risky traders can re-accumulate at 1062 / 1000 - For Long term Investors.
Rbl Bank LongRbl Bank is at significant Low.
Good to buy for Short to long term Trading for the Target of 182 / 300.
Need a strong weekly close above the Accumulation / Distribution zone shown in chart for higher targets for long term investment.
Stop-loss will be based on weekly close below 100., below that it can be another yes bank.
EVERGREEN Stocks _ available at "Nothing to loose Zone" !!!!Here are some evergreen stocks which are 25% yearly compounder for last 10yrs with strong fundamentals and available near strong support zone .
-: NSE:PIDILITIND - available @2370 and strong support around 2250-2300 .
-: NSE:BERGEPAINT - available @685 and strong support around 650-680 less than 30 rupees risk.
-: NSE:MINDTREE - available @3785 and strong support around 3550-3500 .
-: NSE:ABBOTINDIA - available @17380 and strong support around 16000-16300 .
-: NSE:HONAUT - available @40360 and strong support around 38000-40000 .
-: NSE:RELAXO - available @1222 and strong support around 1130-1160 .
-: NSE:VINATIORGA - available @1860 and strong support around 1780-1730 .
-: NSE:ALKYLAMINE - available @2982 and strong support around 2950-2800 hardly 100 rupees risk.
-: NSE:APLLTD - available @725 and strong support around 660-720 less than 50 rupees risk.
-: NSE:HLEGLAS - available @5400 and strong support around 5300-5000 less than 4% risk.
-: NSE:SUPPETRO - available @665 and strong support around 600-620 .
-: NSE:HCLTECH - available @1130 and strong support around 1045-1080 .
These all are investment grade stocks which will surely compound your capital more than 25%.
"HAPPY INVESTING"
Divis Lab - Fundamental + Technical Positive (Multiple Triggers)Divis Labs corrected corrected fairly after almost a continuous rally of about 40% in say 6 months. After making a peak at 5389, it corrected nearly 30%. Now, it seems to have consolidated well and is in good shape to resume its bull run going further.
Points working in favor:
1. Fundamentals are improving pretty good
2. Double Bottom with positive RSI Divergence
3. Price action is strong on weekly chart as well
Key Resistance points/Target points:
1. 4689
2. 4769
3. 4890
4. 5016 (Fresh strong rally possible after this stage on closing basis)
Key Support level/stop loss: 4300
BLUESTAR: LOOKS GREAT FOR A SHORT TERM INVESTMENT!1. Stock getting ready for a mega move.
2. Inv. Head & Shoulders on Monthly Time Frame.
3. Needs a monthly closing above 1125 break out.
4. Below 850 Monthly closing basis, views are negated.
5. Target can be as high as 1400/1900/2400+ in coming months.
6. With summers around, company will be benefited by boosted sales numbers.
7. Consult your financial adviser for investment purpose. Do Like, Share and Comment. Thank You!
Tata Elxsi Brkout awaitedThe dly chart of Tata Elxsi shows a resis at 6099
A valid brkout abv it is likely to take the prices on the upside.
Can touch app 6600 - 6700
However is prices continue to move abv 6750.......it will likely carry on the upside.
The stock has been in bullish momentum and this brkout may prove to be yet another entry point for those who missed the previous bull run.
Trade as per price action.
Advanced Enzymes - Technically PositiveAdvenzymes has taken a dip of about 40% from its all time high of 503.70 on 19/05/2021. However, fundamentals have not fallen to the comparable intensity.
Positive Triggers:
1. Positive RSI Divergence: 2 times positive RSI divergence within short period of time
2. Prices moving up after a healthy consolidation within same range for longer time
3. W Pattern is in formation
4. Handle, from the Cup and Handle Pattern, will be in formation if price move upwards. And, that pattern will be made over a pretty long period i.e., from October 2016.
Key Resistances:
1. 334
2. 350
3. 374
4. 415
Aegischem - Fundamental + Technical: Multiple Positive TriggersAegisChem has already gone through a healthy consolidation phase, and now, trajecting in a northward journey.
1. Positive RSI Divergences:
It gave two positive RSI divergences
2. W Pattern:
It seems to be making W Pattern. It is moving towards its trough area. Once, the trough is cleared, it will move upside with further more strength
3. Price Volume Action:
Last candle was a long and strong green body with a huge volume support, indicating long build-up
4. Key Resistances:
R1-244
R2-268
R3-284
5. Quarterly results and Half Yearly results are significantly more Y-O-Y Basis
6. OPM has grown remarkably about 6% each in both the Quarters on Y-O-Y Basis
Consider it a medium to long term study for higher gains
Disc.: I am not a SEBI Registered Investment Advisor. Study the stock by your own or in consultation with your financial advisor.