Equitas : Sharp decline in store.!Equitas had a bad day on Monday when it came out with its results. The stock has already been witnessing some strong declines. The rallies at every opportunities have attracted selling interest. The descending trendline (pink line) shows that the resistances were maintained despite its attempt to recover. In the process the stock also formed a descending triangle formation which was broken in previous trading session.
The ADX DMI setup is now highly accelerated with negative DMI inching higher suggesting that we could have a potential decline towards 80 making it a good shorting candidate. Rallies till 94 also is a good point for adding to your position with stop above 99 as a multi day possibility.
Idea Sourced From
NeoTrader
trade.chartadvise.com
Nbfc
Entry@125Manappuram Finance - Entry@125
Sales growth of 15.5% since 2015
Income growth of 38% with an average ROE of 18%
I have initiated a pilot position. I will add more based upon price strength and 2019 march annual earnings guidance.
DHFL | Bad news for investorsA private investigation firm cobra post has allegedly put allegations of siphoning 31,000 cr of public money.
I'm attaching the video link below.
the main point that should be discussed is, can we trust this allegation?
In my personal opinion YES!!!
the cobrapost have already done some serious sting operations which are also available there. We can not trust anyone these days.
I personally will not like to invest or trade long on DHFL.
BAJFINANCE: BUY at 2512 SL 2472 TARGET 2652BAJFINANCE is a BUY on NSE in CASH Market
2018-12-03
BUY at 2512
Stop-loss 2472
Target at 2652
Check with your technical analyst before investing.
srei infraTrades at 0.5 P/B
aug monthly faced resistance at 52 which also happens to be fibonacci sequence
L&T financial holding1) Breakout with volume -- Possible target 212
2) Trades at P/B-2.84 Price 212 wiill make trailling P/B be around 3x --
3) strong rural demand due to good monsoon and election season and USA president putting pressure on Fed to curtail rate increment will positively impact both demand and credit cost
BAJFINANCE: Buy at 2765 SL 2720 and Target of 2900BAJFINANCE (Bajaj Finance) Buy at 2765 with Stoploss of 2720 and Target of 2900.
BAJFINANCE is in an uptrend for a long time now. A Slight retracement is possible but the stoploss has to be kept on closing basis. Formed a Maribozu Bullish and ENGULFING BULLISH.
Trading has to be done after confirmation from your financial advisor only. We are NOT SEBI registered technical analyst.
BAJFINANCE: Buy @ 2295 SL @ 2245 Tgt @ 2395BAJFINANCE is a buy as its near Support zone. Buy BAJFINANCE at 2295 with stop-loss of 2245 and Target of 2395.
Consult your technical/financial advisor before buying the stock. We are NOT SEBI Registered. Any calls taken on technical analysis are subjected to ownership of yourself.
M&M FinanaceHigher Top Higher bottom.. most of NBFC already moved..closed avove 302 after long time. seems its time for M&M Financial.. higher rural demand may insure 356 on chart in coming day
