UPL TARGET Rs. 960 !!! Clear break out on daily basis on cup and handle /channel as well as FIB Levels......
Limited
Short term Swing trading-MGL-ShortMahanagar Gas Limited (MGL) looks bearish for short term.
Sell Below: 775 for targets -
T1: 736
T2: 721
T3: 705
SL: 813.8
Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and please do your own research before attempting any. The profit/loss made by you due to this call, is solely your own responsibility. Thanks, All the best. Happy Trading. :-)
REVATHI EQUIPMENT LIMITEDStock is a Techno Funda pick with a medium term holding period. The company operates in drilling rigs which are used extensively in mines such as coal, copper, gold, iron, zinc, phosphate, bauxite, lignite, limestone, etc.
India is seeing an increase in mining activity after a deadlock of about 5 years.
A theses in play here is that, a company which servives a bad time is likely to do much better in good times. Stock has already catched up to multiyear highs and is looking strong.
Few key points in favour of this pick are High promoter holding, low MCAP, low Equity and a managable debt.
