MUHURAT TRADING 2k24 - Stocks to Add in Portfolio Happy Diwali Traders !! Here's Diwali Muhurat trading picks for 2024
NSE:SARLAPOLY
Sarla Performance Fibers Ltd. engages in the manufacture and distribution of synthetic yarn. The firm also offers wind power generation. It operates through the Yarn and Generation of Wind Power segments. The company was founded on November 23, 1993 and is headquartered in Mumbai, India.
Technical View:-
On monthly chart it has given a strong breakout on good volume and completed a retest,
CMP @94 looks Good to enter for a follow up Move
Stop level should be below -50
Target levels are - 150,220,350+
NSE:GODREJAGRO
Godrej Agrovet Ltd. engages in the manufacturing and marketing of animal feeds. It operates through the business segments: Animal Feed, Crop Protection, Vegetable Oil, Dairy and Other Business. The Other Business segment includes, seed business, energy generation through windmill, real estate, poultry and cattle breeding businesses. The company was founded in 1992 and is headquartered in Mumbai, India.
Technical View:-
The monthly chart breakout is good and now forming a Retest Of the zone, you can take a Few quantities on muhurat day but more quantities should only be added on the confirmation of retest only.
CMP is 712.80 But for confirmation, we need a weekly candle close above 730 Zone.
StopLoss level is 480
Targets are 950,1150,1500+
Note:- Always Use proper Position sizing rules before entering in the trade.
Keep Learning,
Happy Trading,
Enjoy Festival.
Portfolio
Aarti IndustriesAarti Industries:
The stock corrected around 20% in last one week from its resistance levels. And, currently the stock is at good demand zone.
The stocks can be added in portfolio and can be accumulated till Stop Loss of Rs. 563 is taken out on daily closing basis.
Please note that while adding any stock in portfolio, add the amount in multiple tranches instead of putting whole amount at once.
Also the stock is at major support level of 250 MA Weekly and support of lower bollinger bands in weekly!
Note: The above analysis is for educational purpose.
-CA Diptii Saeth
NCFM and NISM Certified Technical Analyst
GLOBUS SPIRITS!!!!Globus Spirits is currently in an downward trend, but this stock has the potential to rebound fast.
This stock should be bought @750 as it shows an level for support.
If it still falls then stock should be AVG @660 as there is an strong support for the stock.
TARGET 1: 850
TARGET 2: 895
TRAGET 3: 960
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please comment your views
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NOTE: ELECTION PERIOD MATTERS!!!
LT reverse head and shoulder pattern.Weak RSI ie below 40
MACD also below
More selling pressure
Target till previous support line (mark in red color)
Disclosure : I am not SEBI registered.The information provided here is for education purposes only.I will not be responsible for any of your profit/loss with this channel suggestions.Consult your financial advisor before taking any decisions.Tweets neither advice nor endorsement .
DELTA CORP Forming a bottom Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Rising Channel
📌 Symbol/Asset: DELTACORP
🔍 Description: Stock is consolidating from few weeks around 130-140
Stock is now going up in a Rising channel and we can see stock is bottming out here
Stock can see huge momentum from here on
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation.
IGL : Super Bullish PatternExciting Bullish Pattern Alert! 🐂
📊 Pattern: Hut Pattern
📌 Symbol/Asset: IGL
🔍 Description: Stock is around the support. We can see huge bounce from hereon.
350-370 is the strong multi year support.
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation.
15 years breakout Bharat bijalee
Technical analysis
Weakly and monthly stock purely breakout 15 years resistance
Chart pattern show big move on this stock
15 years resistance 4050 today breakout with Valume.
15year resistance now it be support for the stock
We miss header and shoulder pattern breakout at level of 2280.
Now stock give once again 15 years resistance breakout to enter the stock
Good possibility of the stock may cross 5500 in short terms it can portfolio stock
Fundamentals analysis
PE ratio 25.4
Current ratio 1.72 >1 great
Quick ratio 1.2> great
PEG ratio 0.88 <1 great
Debt to equity ratio 0.21<1 super
Dividend is 1%(approx)
All kind good stock fundamentals and technically
Stock have advantages
1) gree energy mission
2) railway up gradation
3) air Port devlopment
4) railway electrification
NO RECOMMENDATION FOR BUY AND SELL