Long Visagar PolytexVisagar Polytex (VIVIDHA)
CMP - 80 paise
Stop - 25 paise on DCB
Expectation -
T1 - 3
T2 - Open, Review at 3
Expected Holding Period - 80 trading days or earlier for T1
View:- positional
Please follow the SOP of penny stocks discussed earlier
Kindly don't go overboard in buying a single stock
Disclaimer:-
Ideas being shared only for educational purpose
Please do your own research or consult your financial advisor before investing
Longposition
Long JP PowerJP Power
NSE:JPPOWER
CMP - 3.9
Stop - 2 on DCB
Expectation -
T1 - 25
T2 - Open, Review at 25
Expected Holding Period - 120 trading days or earlier for T1
View:- Investment
Disclaimer :-
Ideas being shared only for educational purpose
Please do your own research or consult your financial advisor before investing
Long Snowman LogisticsSnowman Logistics
NSE:SNOWMAN
CMP - 55
Stop - 40 on DCB
Expectation -
T1 - 70
T2 - Open, Review at 70
Expected Holding Period - 80 trading days or earlier for T1
Disclaimer:-
Ideas being shared only for educational purpose
Please do your own research or consult your financial advisor before investing
Long Delta CorpDelta Corp
CMP - 185
Stop - 140 on DCB
Expectation -
T1 - 220
T2 - 400, Review at 220
Expected Holding Period - 80 trading days or earlier for T1
Disclaimer:-
Ideas being shared only for educational purpose
Please do your own research or consult your financial advisor before investing
IOC Multiyear Breakout!Indian Oil Corp. gave a breakout on Monthly chart and may head towards 140-150 levels in some weeks.
Reasons to take trade
---------------------------
1. Recent results beat estimates and net profit rose 104%
2. Breakout in trendline with huge volume on monthly chart.
3. MACD crossed Signal showing a trend reversal.
4. Crossed 20 MA & 200 MA on Monthly charts and is just below 100 MA
My opinion is we should accumulate in the stock till it crosses 100 MA on 1M chart and then buy with full potential by maintaining a stoploss according to the risk taking ability.
Prince Pipes - Breakout after a strong consolidation - Breakout candle on 9 Apr with higher volumes followed by a volatile consolidation
- Another bullish candle on 30 Apr with volumes
- 510 can be a nice entry however the price structure indicates uptrend
- Buying at 530 levels is quite risky, it is better to wait for another breakout candle above 550
- Price trending with shallow retracements