I guess completed the bottom. closing above 628 might turn it into ultra bullish! a long term bet? a yes for me!
Disclaimer: Kindly consult your financial advisor and family members before investing.
APARINDS trade ideas
Apar Industries Long on short term I am already on Board
One can Look to enter with stop of 820 for Target of 875
Again this is not recommendation this is my opinion
Regards
Apar Industries for Day TradingBuy Near 748 or wait for retreat Enter after up trend confirmation at 748 or 749 , at 749 There is Strong Resistance if brakes and Moves Target is 759 SL 744
for inter day only
Apar IndustriesFundamentals-
1)One of the big names in metallic conductors, transformer oils etc.
2)Company enjoys the niche market premium as being leader amongst the few companies doing business in this space.
3)Biggest exporter from India, exports to 100+ countries
4)Company's sales, operating profit, growth figures are contantly improving at the rate >15% YoY
5)Company is constantly reducing debt.
6)Looks like a everbull stock
Keynote-->Its a good stock that can be accumulated at every dip.
CMP-742(22nd Feb'2017)
1st target-850(3 months)
Disclaimer : I am a private trader who is just expressing his views. These are just my opinions and i am not giving any kind of free or paid calls. I am using this platform to share my knowledge and learn from other's knowledge. I might be/might not be invested in my opinions.
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short the stock as we can see that there is evening star pattern there and bearish divergence add to it and and stochastic hitting oversold level
