India's largest diagnostic chain saw institutional interest in April-May and now NSE:LALPATHLAB is ready for a base breakout with inverted H&S on weekly charts.
NSE:POONAWALLA proved out to be a multi-bagger with 4X returns in last 24-30 months. Stock has corrected and is now available at support. Strong promoters and growth can give more returns.
NSE:ULTRACEMCO purchased all of Radhakishan Damani's stake in the co and may move for larger stake in the entity. NSE:INDIACEM is one of the largest cement players in Southern India and had been in interest of many due to low promoter holding. This might be another attempt for hostile takeover of the company but one thing is for sure Srinivasan family will not...
Smaller inverted Head and Shoulder breakout done, retested and follow up move came. NSE:IGL is now ready for a bigger breakouts and further upmove in coming weeks.
NSE:IDFCFIRSTB is preparing itself for a double bottom breakout on daily charts. Not just IDFC FB but CUB and other small private banks are nearing breakout.
NSE:BAJAJ_AUTO gave a strong breakout to 10000 plus levels but came back to re-test and now reversing for further upmove. Another auto maker Atul is also heading for breakout so something positive is in line for these automakers.
NSE:APOLLOTYRE broke out of falling trendline resistance yesterday and re-tested today. Expecting some good moves here for July expiry. Seems like it will not take much to break above the base for a double bottom breakout 520+ level. It should have closed in green today but it did not so may take some time as well before the big breakout.
Om Birla has been successfully elected as the Speaker of Lok Sabha at the convenience of BJP. Session is set to begin. Finance Minister will be ready with her Budget anytime now. And we all know what happens when Budget comes and considering the performance of BJP in UP, Harayana and Rajasthan, farmers will get far more than what we expect, if not the farmers,...
India will always need wheels to move forward. NSE:WHEELS looks good to move towards 1000+ levels. Base formation done.
Multiple double bottom patterns and base formation on different time frame indicating a strong reversal for $NSE:PVRINOX.
Finally the FMCG counter ready to go above its 2021 highs. A new all time high will open the blue sky zone for the stock. Strong fundamentals, well known brands are the key growth leaders for the company.
SRF moving in a big box of 40% since last 1000 days. Support of 2000 has been a crucial one and safe so far. Can be a good investment pick here to move with a small SL of 10% because multiple attempts to break below 2000 has made it weak now. Can be a good investment pick from here.
Mutual funds have started adding Chemical stocks and that's visible on screen now. Base formation completed, successful breakout, now re-test is awaited. Chemicals will be market favorite for next few months. NSE:NAVINFLUOR is market leader in fluorochem sector.
NSE:UPL finally breaks out. Once a Nifty 50 contributor slumped massively and looks like it is ready to reverse. It was on my radar since past 3-4 weeks and just wanted it to break above the resistance firmly. It broke out and now it has re-tested and ready to rock!
CSK will qualify or not!? We don't know but India Cements is ready for an hourly tf breakout. Also has a weekly tf double bottom breakout awaited.
General elections in India are going on and they are expected to be the WORLD's COSTLIEST elections. DMK, a closely related political party to NSE:SUNTV is among the top spenders on Google Ads despite being limited to one state. Expecting a huge ad spend by parties on Sun TV channels across South India. Stock is ready for inverted H&S breakout. Results will be...
NSE:NIFTY back to re-test, if you are convinced that election results will be what markets want then here we go. Nifty is back to its breakout levels. One can enter as markets are expected to move as soon as exit polls will be out.
Coupling news had hit this monopoly stock really bad but finally a head & shoulder breaking out after base formation. NSE:IEX is that beaten down stock whose price is hit badly but the finances are not that bad. Was overvalued earlier and still trading at 45+ P/E but that'sthe premium it deserves for being a monopoly stock.