Value
Long term view on Tata PowerTata Power had gave a 1st big breakout at levels of 53 and gave a 2nd breakout at levels of 64 after forming head and shoulders pattern.
Company is establishing EV charging stations. It recently gained letter of intent from 2 Odisha discoms and it's arm CGPL cleared a debt of 1550 crores. These points make the company fundamentally attractive too.
Levels of 110-120 can be seen in the long term.
My setup for Britannia, uptrend this is Free VIP Signal,
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Now, why i am saying that britannia is in heavily bullish trend because if you look at the previous closes then you will notice that a strong breakout and heavy green candle
i also modified my STOPLOSS and a particular point and my whole team
i generally like to trade this type of very good fundamental as well as perfect technical setup
i use to take both side trades in this type of stocks
i already shared my few of the journey stocks you can check
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god bless you
May you guys have a very profitable week
Making of U , Seemingly a multibagger.Long term stock, could form a complete U .
posted a growth of over 17% and also a debt free company, recently NCLT approved the merger of Karix Mobile Private Limited and Unicel Technologies Private Limited with Tanla Corporation Private Limited on June 30, 2020.
As approved in the NCLT Order, Tanla shall be named as Karix subject to regulatory approvals
Carefully see M&M In downtrend, if buyers have made a strong recent tail below value and current price rotations are now confined between the control and value high, The downtrend is ending. If it does end, breaking value area high and developing a higher value preceded by a buying initiative move, start looking for the new control. If somehow, the downtrend does not end but resumes complete rotations from the value high to the value low and back, return to normal trading behavior in a downtrend. Sell from excess above value to just below the control and buy in excess below value.
Logical levels of TCS In an uptrend, when you buy in excess below value or somewhere in the bottom half of the value area, the take profit level is always at the control price. When an opportunity arises to buy just above the control, the take profit will be at the value high. The protective stop will always be below the tail of the smaller rejection value area on the lower time-frame that is used to enter the trade. The risk will always be smaller than the reward unless you are buying extremely close below the control price.
Grow with RepcoRepco Home Finance is flexing it's muscle since the start of this month and it touched it's resistance line first at Rs. 474 and then at Rs. 482 in March. If Repco Home breaks it's resistance line and closes above it then it can go much higher. It's a very good company among other housing finance names with a compounded annual sales growth of nearly 31% in last 10 years and a compounded profit growth of nearly 30% in last 10 years. Average return on equity in last 10 years has been 17% and is available at a PE of 12.3 on trailing twelve month basis. So both fundamentally and technically it can be a good bet. If it closes above 474 then it could be bought with a stop loss at Rs. 433. Happy Investing :)