WELCORP | Flag & Wedge formation - 52% potentially it can go up side
CMP : 100
SL : 92
Target : 150
Almost 1:6 risk reward setup
(P.S: Its a weekly chart, Small cap, Circuit range is 5% so plan your trade accordingly - Could take time upto Weeks to Months)
Box Breakdown can be on the cards. Next Target will be the difference of the box.(Marked with green lines.) There is a box made with writing Value Zone so what is it?
With Banks in rise there is expectation of Pharma to go down but with volatility around it can be a great opportunity for value buying.. So why suddenly value buying is the question
Let me explain...
Asian Paints had a clear breakout of its resistance with a bullish candle. As the sky is open for AsianPaints you can do value investing.
-Mohit Rajani
Missile Maker
Going Like a Missile.
Good Technical Set up, Flag & Pennant
Fundamentally Great.
Exports Started first time by a Domestic Defence Mfg.
ZERO DEBT
High Dividend Payout
Hindustan Composite a Great Value stock available at very cheap price. Current Market Cap of 237 Cr. The company has investment in some quality companies, which is valued at 632 Cr.
Mother son sumi has fall almost 90% from top.
The company fundamental is still strong and it wll be.
Short term impact has destroyed the price in past 2 year.
Target only for our paid members.
Keep sl below 47
Ipca lab has shown a strength in the current and past bear market.
CAGR of 19% in past 10 year makes it a long term bullish stocks.
Target 2400.
Sl daily close below 1040.
After a sharp correction in deepak nitrate the stock is still maintaining its momentum.
We can expect a bottom formation around 300-320 level.
Buy with a 10% stop loss.
This stock looks good with other few stocks which can give huge return in next couple of months.
