Positional
NARAYANA HRUDAYALA - FOR SWING NARAYANA HRUDAYALA Looking good for swing.
Insights:-
Good quality company basis long term financial performance.
Size- Ranks 3rd out of 32 companies in Healthcare Services sector
Valuation price very attractive.
ADX in strong trend.
Supertrend also bullish
Above VWAP and 20 EMA.
Financial Trend:-
Pbdit (Q)
Highest at Rs 275.75 cr.
Net Sales (Q)
Highest at Rs 1,221.59 cr
Operating Profit To Net Sales (Q)
Highest at 22.57%
Pbt Less Oi (Q)
Highest at Rs 198.85 cr.
Pat (Q)
Highest at Rs 173.14 cr.
Eps (Q)
Highest at Rs 8.47
LATENTVIEW DOUBLE BOTTOM @ WEEKLY CHARTLatentview on weekly chart is finally breaking the descending triangle trendline.
Enter in lower timeframes in the price range of 350-360 OR at current price.
STOP LOSS @ 345
Target at 400-420 after that trail using EMAs.
If price holds above 430 we can plan for 500-520 levels.
TCS TRADING STRATEGY LONG TERMTCS on weekly chart looks good to plan a trade. Currently it is making a descending triangle pattern, testing the trendline for fourth time. We can anticipate a slow and steady breakout.
We can make an entry now STOP LOSS@ 3100 (5-6%), TARGET 1 is 3600, if the price holds 3600 level we can expect TARGET 2 at around 4000 zone, from thereon new ATH can form, this might take a bit of time so it is a long term strategy. OR just trail using 20/50 EMA.
2800-3000 is a strong support zone so if the breakout fails we can catch TCS in that zone.
SAH POLYMER LONG IDEASah polymers made a bullish weekly candle and forming higher high- higher low pattern on daily TF.
Make positions in the range of 75-80( any bullish candle or hammer candle on daily chart)
Tight SL at 72.
If we apply fibonacci levels, Targets are 100, 110, 120, 135 OR trail using 20EMA.
SBICARD - Looking good for Long Sbicard Looking good for long.
After a good downtrend finally now a sign of trend reversal on Daily Time frame by forming Doji on bottom.
Above VWAP
Above 20 EMa
Supertrend also Bullish now
Weak Below 832 on Closing Basis
Upside Targets - 880-900-920
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