SHARDACROP | Trendine breakout + Channel support, looks good for big targets. Short term potential for 30%
CMP : 319
SL : 290
Target : 410
1:3+ risk reward setup
Anybody remember our recent trade in PEL we traded same structure few months ago.
Buy HDFC Bank at 1545
Targets 1600, 1670++. Trail SL to avoid loss.
Small SL Below 1520 on closing basis
For Options and Big Capital Traders: Puts can be sold or At The Money Bullish Spreads can be created. Incase Sold Puts go in the money then settle by taking delivery of this stock.
PS: This is a good long term stock and can be accumulated at these...
Observing all the other oscillators and indicators, it is clearly seen that the rsi shows the uptick also the very basics of technical analysis : the candle stick shows the bullish engulfing. So combining all the basic candle stick study, the oscillator study , the trend analysis, the price action and the sentiments it was a very good swing call. Personally...
NSE:SRTRANSFIN has been consolidating in a wide range since starting of February with good volume support at lower levels. The possibility of breaking out is good as it is testing previous highs multiple times and holding levels near its previous highs.
In addition to all this, it is having Volume support exactly at golden fib retracement levels and previous BOS...
NSE:M_M is trading around 850 revels which is shy above Fib's Golden retracement level. The possibility of Upmove is good as well as consolidating for a few more days, buyer's accumulation will lead to upward momentum.
Market might move up till the demand zone is attained. Another possibility is Breaking down to supply zone. Chances of happening so is thin but...
NSE:HINDUNILVR has been falling for almost a week now and has touched its demand zone.
The possibility of moving up is good. Majorly there are two possibilities form here:
1) Accumulation of buyers at these levels as we have seen previously that sellers are defending highs that are made recently. that means a consolidation at this phase.
2) Moving up as it...
IDFC has not Created any value for its shareholders in past 14 Years, However stock is trading at a inflection point Currently. Will we see the channel breakout here in IDFC? Only time will tell. However Interesting times are ahead for IDFC Ltd.
Management has talked about shareholder value creation few days back and they are serious about divestment of AMC...
INDUSINDBK | Excellent trendline and RSI breakout - Potential for 80% - But can take months
CMP : 1130 (Dip : 1070)
SL : 950
Target : 2000
1:4 risk reward setup. Can consider it like Investment pick and ride it long time
A very good price to buy sun tv. Short-term target 515 and long-term target 600. Stoploss at 475 with 1: 10 risk-reward. Looks like the script is bottoming out.
PS: Tickertape shows all 5 parameters in green for suntv...
They have declared a Dividend of 6 Rupee per share, which translates to 4.54% (Most probably record date by Sept 26th).
It's not bad as a 1 year FD. (With very probable up side in price... buying at value)
It is corrected a lot after last week's Mid-cap & Small-cap bloodbath.
Hence, I find it safe for short- mid term view.
~Disclosure: Invested. (Invest as per...
Watch out Indigo
Keep in watchlist as it has come to a strong trending support levels
Support from any of the levels will lead to a good Up side
It is a Good Quality stock and is at very good valuation and pricing
Investors can accumulate this stock, as we all know Global Pandemic will not last forever and today or tomorrow
GPIL is a midcap steel derived products, power generation and iron ore mining.
This stock has had a tremendous bull run (almost 9x YoY) and still trades at a reasonable valuation
Expecting further value unlocking to happen as the Steel bull run continues.
1. Could sense a change in the sentiment with this stock
2. Long Term Down trend has been broken.
3. Companies financials look stronger.
4. Good momentum in evident.
5. Price to Book is 1.45
A good strategy to gain out of this stock would be long term investing.
1. Buy the dips.
2. Wait for 3 - 5 years.
Happy Investing :)
& T2 : 404
The latest quarterly result were amazing.
when we have Identified it earlier, then we just need to sit on it & enjoy the ride.
~Happy Investing! :)
Another 20% move up can be expected once stock bounces back from the green trend line. tgt arnd 580-600
Full Disclaimer: I own this stock as part of my portfolio. For me it was a value pick as the fundamentals are amazing and business has picked up really well in last few years..
However, at this price it is not a value pick..
Stock was trading in a Symmetrical Triangle and had price move today which will likely close with a gap today..
As there are buying volumes with the gap it can be a breakaway if price sustains..
Now the second move should be to close above 260 with volumes and retesting of the support.. Then it can be a BO opportunity to go long for targets of 300, 350+ .....