Ugar sugar breakoutUgar sugar is attempting a breakout Today.
Have taken early entry at 112.
Deployed 40% trading allocation.
Safe can wait for day close.
Sl 107.5
Stockideas
Persistent Ready for new BO#Persistent CMP 4691 forming a base around this level. Earlier it respected the Demand zone between 3900-4100 and came abv again the resistance level of 4400.
Seems ready for good upside from here to 5000/5500/6500 in mid term.
Trailing SL 4575 closing basis.
Pix Transmission Breakout above base formation#PixTransmission looking very good CMP 840 very high last week's volume. Seems ready for good upside. Stock is hovering around 17.7 and sales increased in March qtr.
Hindalco can be bullish?Watch daily chart of hindalco stock. A very high probability that stock can form bullish candle near the TL support. So on any bullish candle near the marked area would be the good entry with very good risk to reward trade. Keep the stock in your watch list. This is for your educational purpose only.
HUL long entryThis seems a small pull back in the stock. it may be halt near the support for some time before taking next big move. Good entry after the bullish candle near the support area. So keep the stock in your watch-list. This is for your educational purpose only.
Target 3 (120%) achieved in Gravita India. Target 4 is ON...This is follow-up on Gravita India. Can check link to related ideas.
Target 3 achieved. More than 120%. Target 4 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 your financial advisor before taking any trade.
Target 4 (76%) achieved in Maharashtra Seamles. Target 5 is ON..This is follow-up on Maharashtra Seamless. Can check link to related ideas.
Target 4 achieved. More than 76%. Target 5 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 your financial advisor before taking any trade.
Madras Fertiliser#MadrasFertiliser formed a base for 12 weeks and then price breakout above the upper base limit.
Will add CMP 74.45 and upto 65 for 25% upside for 94 with trailing SL at 60.
Stock is hovering at 5.14PE and ROCE at 28%.
Quarterly and yearly sales are improving with decent 10%OPM
Divis Lab#DivisLab showing a good reversal after filling the gap between 2800-3000. Accumulating for 3300/3700/4300.
IZMO very storng BO and reday for 20% upsideIZMO CMP 121 : The first company to have procured a license to manufacture arms and ammunition in India under the Make in India initiative.
It gave a technical breakout at 104 and now heading for previous high of 149. If crosses 150 and gives weekly close abv that then one can expect another 25% upside.
Apar Industries again breakout#AparInd CMP 2475 is showing a good BO after 4 weeks and forming a flag with good volume.
Can be added for 2600/2800/3000
Stock P/E 19.8
ROCE 26.9 %
ROE 16.1 %
Profit Prev 12M ₹ 363 Cr.
CWIP PY ₹ 28.7 Cr.
#HGInfra BO of very long consolidation#HGinfra moved in the range of 500-660 for 280 weeks and finally breaking above this channel.
Good order book and profit margin. Retested the BO level and again moving ahead.
One can expect to see 700/750/800 in coming weeks with SL of 650 on CLBS.
Such long consolidation BO works as very good support and can be accumulation zone whenever price comes to touch these levels.
Valiant Organics highest volume and divergenceValiant Orgaincs is trading at 430 a very correction from the high of 1970.
PE 16
ROCE 18.4%
Promoter holding reduced in 2021 and now at 38.4%
Good 2022 sales numbers almost 65% up.
May be a good bottoming out candidate only for risk takers.
Sudarshan Chemical strong base BO Sudarshan Chemical showing a very good base formation and BO after 18 weerks. CMP is 409 can be added for 470/4570/620 with SL 360
Asterm DM #AsterDM CMP 235 forming a Inverted Head and Shoulder and n a rising channel.
Pharma sector is now forming a bottom and looking good defensive bet.
Can be accumulted for 265/285 with SL 220
Axis Bank CnH BO and retesting done #AxisBank had break out at 825 and now retested the same.
Top class Private sector bank. Can see 910/1000/1100 in coming months
#HAL Triple bottom and TL BO#HAL formed a tripe bottom at 2400-2420 range and after that has broken out of trendline.
HAL touched al time high at 2811 on 6th Dec'22 and corrected from there to 2411 within 20 days on 26th Dec'22.
Now current market price is 2509 with subdued volume till now. But looking at the fundamentals volume will increase after this breakout and one can buy it here or on every correction with stoploss of 2400 on closing basis. First target may be 2675 and next 2811.
Seems this time HAL may break above ATH and can show 3000/3200
#ManInfra formed double bottom at 71-74 #ManInfra on recovery path after forming DB at 71-74 range and now hovering around 81 after crossing above trendline. CMP 84 and can see 100/115 a good 20-30% upside potential.
#Lambodhara CMP 155 Retested the BO level#Lambodhara retested the BO level of 130 and now moving strongly at 155..
Next resistnace is at 175-177. Can be taken for 175 at CMP or on some cool off. Once it crosses abv 180 one can keep it for long term...for 240/280
Cigniti finally BO abv 675#Cigniti strong BO and close abv 675 closed at 683. Technically IHnS is formed which is very strong bullish pattern.
Ciginit showed strong qtrly results. Can be added for further move to 750/850/1000 for midterm.
Breakout in Blue Star...Chart is self explanatory. Entry, Targets and 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 your financial advisor before taking any trade.
Affle taking support at trendline and crossing the nearest pivot#Affle CMP 1101 has taken support at trendline for 5 times and always bounced. Now above the recent pivot around 1100.
From here price may move to upper Trendline and expected price can be 1200-1250
SL 1030 on closing basis.
