Get started

Textile

RUPA - Breakout on Monthly Chart can enter on Breakout Retest Fresh Monthly Breakout seen above 490 close Trgt 1 : 715 Trgt 2: 850 (Will recheck after 1st Target is achieved) Try and renter around 520-525 levels good chance of pullback Duration : 3-6 months SL - 470 weekly close Co is Fundamentally sound and available at attractive valuation when compared to its peers Disc. : Views Shared for Education Purpose only. Consult your Financial Advisor before taking any position. Please like Share and Comment if you like our work. Please do your Risk and Portfolio Management Properly.
NSE:RUPALong
by SagirKazi
1
JCT Ltd: Turn around potential. Potential Multibagger.1. Current year sales trending at 600 crores. EBITDA at 28 crores. 2. Launched new line of anti-infective clothing which it believes will be in demand going forward 3. From yarn to fabric to stitching & sealing of PPE Suits,JCT Mills,Phagwara is doing it all in-house,following WHO guidelines. 4. JCT is making amazing PPE equipment ! They have risen from the ashes to fight the war against Covid ! They have a huge capacity. 5. The textiles ministry is in the process of obtaining approval of the Cabinet for the scheme of Mega Investment Textile Park. Under the scheme, seven Mega Textile Parks will be set up in the country over 3 years. JCT will be a direct beneficiary of this scheme.
BSE:JCTLTDLong
by Thankful1234
Is Arvind ending its bull run?Technical indicator shows exhaustion of the Wave pattern. This is confirmed by the divergence shown between MACD and price indicator. Relative strength of the chart is also showing weakness. The volumes also have remained relatively flat with slight downward slope. All this confirms that the stock is a good candidate for shorting. Will confirm with the daily charts for good entry price points, perhaps at the 380 levels might be a good price to enter with stop loss at 400 and 350 for exit.
BSE:ARVINDShort
by Nar