Technical:
Infra sector stock which is formed wedge in the bull run. High probability to break up side.
Fundament:
Sales improved QoQ
Big improvement in debt equity ratio is decreasing below 1.
Disclaimer: Before investing do your own analysis.
Entry: 1100
Stop Loss: 8% from the purchase price. Re-enter in case of shake-out.
Target: At least 20 - 25%. Trail in case of momentum loss.
Background:
1. 60% Annual EPS Growth
2. Good Institutional Support
1) Bat is bullish on Day, week and monthly chart
2) Trend line is supporting its bullishness
3) Technical indicators also suggesting bull run
4) Stop Loss will be below breakout candle
USDJPY is still in the long-term downtrend channel.
As the US Dollar Index weakens, non-US currencies will continue to appreciate, and the Japanese Yen is no exception.
On the picture, the H4 of USDJPY is in a long-term downward channel. Even if the Bank of Japan continues to block the rise, it can hardly stop the weakness of the US dollar. The yen will continue...
Investment Pick: Looks good above 68 with confirmation on daily level closing for 80/90/100+ in 2-3 months. This is good script both technically as well as fundamentally. SL would be 60, keep trailing your SL every 5 points move.
Note: I am not a SEBI register and view is only for educational purpose as well as personal, always consult your financial advisor...
It is a good time to enter this stock. Split your capital into two. Make one entry after seeing tomorrow's candle. And next entry when the stock causes weak resistance.
Book partial profits @ 780. Keep the rest for long term.
Medium term investors may look at Wabco India, looks like a good buy around 6280-6330 levels.
Targets can be 6580 - 6780 in 2-3 months, keep 6140 as stop loss.
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This post is not an advice to speculate using leveraged products, one must thoroughly understand the...
