Buy Trident Ltd. at current market price with stop loss placed below 47 and target of rs. 80 to 90 within a time frame of 1 year.
Charts of trident are looking positive and broken above the downtrend channel which is bullish reversal sign with price volume action. Recently one white shoulder pattern creation has confirmed the bullish reversal.
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.
As the price of Interglobe Aviation has been significantly corrected, I think it’s a golden time to buy the stock at current levels.
My idea to buy the stock is for only investment and not for trading purpose. Invest only if you can hold the stock for a minimum period of 3-5 years.
As far as fundamentals are concerned Interglobe Aviation have strong fundamentals...
Presently, moving above 100 EMA and chart pattern showing an upward trend which may give a move of 20-30 pts.
If it breaks the upper resistance line above 660 level it can give a good move.
MACD is above zero line with bullish crossover.
Keep watch on it for future price movement.
Buying Ripple now with less risk now will get more reward in future - BEST LONG TERM INVESTMENT
FUNDAMENTALS-> RIPPLE Partnerships with many companies and a important one is WESTERN UNION Money transfer
It will going to test it on April 18 which influences the chance of more bullish driving forces hereafter
A chance of price will go more than 10$ with in a year
Previous Close 11027
Good Morning to all of you...
Its Budget day today
What will it be like...
Will we see Corporate tax relaxation
Will the Common Man get some relief in Income Tax
Will we see changes in Long term Capital Gain tax...
What will happen to Fiscal Deficit etc...etc
So many questions... So many possibilities... All will be answered today...
After the news of recapitalization of about Rupees 2.11 Trilion for Public Sector Banks the NSE:CNXPSUBANK charts were negative to sideways consolidations, Considering this sideways movement this gives an excellent opportunity to invest in PSU BANKS. I choose NSE:ALBK you can do similar analysis in other PSU Banks as well. NSE:INDIANB has actually given a follow...