Forming a base2 at current price of 449 and showing a good BO after forming this base for last 22 weeks. Seems next resistance is at 530 and 660. Can be added with SL of 380. Arrow Greentech Limited is engaged in the business of developing biodegradable (green) products and high-tech products. Stock is hovering around PE of 26 and showing ROCE 20.9 % and ROE...
IndiGo price action is looking bullish at this moment. Today price action has confirmed the upside movement. Keep a close watch on it. I entered in it @ 2423 day before yesterday. Disclaimer - I am not a SEBI registered technical analyst and advisor. Kindly do self analysis before taking trade. Idea is for information purpose only.
#BCLInd CMP 554. SHowing a very good CnH BO with good volume. They are into Ethanol, Edible OIl manufacturing. Seems strong and ready for good upmove. Plese do ur own analysis before investing.
Vinati Organics has been consolidating for 2 years in a unique supply-demand conversion zone. In the first year, it traded in a rectangle pattern, making higher highs. Later, it underwent a trend reversal, forming a triangular pattern with lower highs. Throughout this period, it held one support level, as its visible from chart. Today, it made a good move and...
Very interesting price action CMP 527. #AndhraPaper is respecting previous Support zone and todaycame out of the accumulation zone.
#Dwarikesh Sugar was at 148 few months back and then touched 75 almost 50% correction from the top. Now price is at 98 and coming from the zone and forming base 1. Can be added for good upside. Sugar sector plus festive season plus fuel blending is playing the game. Please do your own study before investment.
#DhampurSugar showing good strength bt still in a zone. Can be taken if comes out of this zone means abv 295 closing. Sugar sector is good for festive season and govt thrust for blending in fuel. Please do your own study before investment.
#BRNL chart is showing somehting is cooking though fundamentals are not supporting till date. But I believe that Technicals are ahaid of fundamentals at bottom. Please do ur own analysis before investment.
$BalmerLawrie is engaged in the business of Industrial Packaging, Greases & Lubricants, Leather Chemicals, Logistic Services and Infrastructure, Refinery & Oil Field and Travel & Vacation Services in India. It is a central public-sector undertaking Technically chart is showing a formation of Inverted Head and Shoulder formation and now it has crossed the...
#Wimplast CMP 585 CELLO brand owner and holding good market share in platicwares. Hovering at PE of 16 and looking good on charts as forming a good rounding bottom. Longterm tgts seems very good but can be added for midterm for good return. Please do your own study before investment.
#GreavesCotton CMP 151 is now breaking abv trendline and going forward to 175/210. Greaves Cotton is engaged in manufacturing of engines, engine applications and trading of power tillers, spares related to engines, electric vehicles and infrastructure equipment etc and now leading player in EV two wheeler segment.
#DeepakNitrite CMP 2100 is respecting the Demand Zone between 1700-2000 and now ready for 2300/2600/2900 SL 2000 on weekly closing basis. Please do your own study before any investment.
#KPRMill CMP 728 cam e out of the accumulation area of 500-630 after 76 weeks. Looking good for accumulation and abv 770 looking very good.
This is follow-up on Thermax. Can check link to related ideas. Target 1 achieved. More than 22%. Target 2 is ON. Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult...
#Mphasis CMP 2425 seems ready for 2800/3300 if crosses abv 2450 and stays there. Adding on every dip till 2190 as SL on closing basis. Please do your own analysis before investing.
#ThirumalaiChem CMP 220 coming out of the 44 week base formation. Good for accumulation. Company is going for expansion in US and India. ATH is around 320. Please do your analysis before investment.
#Princepipe is forming a rounding bottom bottom after consolidating for 52 weeks. Looking good to buy at these levels for 730/775/830 with SL of 650 on closing basis. Please do ur own study before any investment.
#Dixon taking good support around 4600 can be added for midterm after Govt push for manufacturing in India seems good.