SWING CALL STRONG MOMENTUM JK CEMENT BUY IN DIPS NOW 1556.35 SL 1410 TARGET 1750 1800
Over the last 5 years, net income has grown at a yearly rate of 28.15%, vs industry avg of 21.24%
Stock has been generating better return on equity than bank FD
Good time to consider, as stock is not in overbought zone
In last 3 months, foreign institutional holding of the company has increased by 1.03%
Positionalcall
[Positional] Bharti Aritel - BUYThe stock has not been performing very well for about last 80-85 trading sessions. After a very long time, the stock has given a clear breakout from its trendline with relatively higher volumes and is not expected to show uprise.
The macd is also indicating a reversal.
Levels mentioned in the chart.
This analysis is done by me and could go wrong due to various reasons. Please do your own analysis before investing/trading.
Hidden bullish divergence: Positional Buy Apollo Tyres @ 129.453-Bar pattern & Hidden bullish divergence
Positional Buy @ 129.50, Target - 144 & above, SL - 114.5
Hidden divergence are strong patterns in direction of trend. Apollo Tyres had formed 3-Bar bullish pattern & hidden bullish divergence on daily charts.
LUPIN: Weekly Swing TradeOn Friday Lupin closed above it's major Supply Zone @ 960-985.
If it will manage to sustain above this zone then in coming weeks it may test it's next Supply Zones @ 1085 and 1030-1070 on the upside.
This will be my positional trade for the next week.
I will update my trade and updates for this trade in this post. Follow this post to get the notification.
Thank X :)
Buy Maruti at dipsMaruti is expected to take a small pull back downwards till 5870. So Start taking positions from 5945-5920-5895-5870 (Start taking positions from higher price, so that you do not miss the chance of entry in case price shoots high suddenly). The Maruti is expected to touch 6420.
A very small percentage of your allocation can also be invested at current price around 5990.
Entry range 5870-5990
Target price: 6420.
SL: 5848
APOLLO TYRES POSITIONAL IDEAApollo Tyres can be bought at CMP with stop loss of 105 or as per one's risk appetite.
Nearest resistances are around 133 and 142 levels so stock can face supply there and those are the price levels where we can book profits.
Also, tyre companies are in focus which can further lift up the trend of the stock.
National Alumunium ( Chart structure looking very strong )Hello Traders
{ Positional Trade }
National Alumunium Chart structure looking very strong !
expecting strong move from the above mentioned level on chart.
.
DISCLAIMER
{ Educational Purpose }
All investments involve risk.
Please Do your analysis before initiating any trade
GOOD LUCK !
NATIONAL ALUMUNIUM ( Positional Trade ){ Positional Trade }
National Alumunium Chart structure looking very strong !
Expecting strong move from the above mentioned levels.
.
DISCLAIMER
{ Educational Purpose }
All investments involve risk.
Please Do your analysis before initiating any trade
GOOD LUCK !
NBCC ( Charts looking strong for positional Trade !Hello Traders
{ Positional Trade }
NBCC looking good on charts !
Trading above both 9 & 50 MA !
expecting strong move from these levels.
.
DISCLAIMER
{ Educational Purpose }
All investments involve risk.
Please Do your analysis before initiating any trade
GOOD LUCK !