Motherson Sumi is forming Flag. There can be a breakout on either side. CMP 221 Long Term Target of 500+ (Duration 1-2 Years, Electric Cars will be a key development) Short Term Target of 5-10% on either Side. We Will update the side later. Note: Only for educational purpose.
L&T Financial Holding is near strong breakout zone. One can buy at CMP, Accumulate more at 90/85 (Buy only 25%)
After booking profits at the same levels, we shorted Reliance at 2095. SL at 2060 Target 1900
Sell Tata Motors Below 323.5 SL 336 Target 297 Duration 2 weeks.
Bullish if breakout of Right Shoulder on the Up Side.
Buying PNB again at 39-40, SL at 29, Target 60+, Duration 1 Year
Buy at 400-402 Target 480+ SL 350 Only for my own trading record.
IRCON has seen a strong Bullish movement with Triangular Breakout and Volume. Advise Buy at CMP 100, Add more at 75, SL 60, Target 120+ Please invest 1/3rd of targeted investment amount.
Near Support Zone. Formation of Doji. Buy at 1875 Trailing Stop Loss 1835 Target 2100
Inverted Head & Shoulder pattern is a bullish pattern. One can buy above 440 with a target of 500+ in short term, 600 in long term. Trail SL at 310
Buy and hold Dolat at 65-66 SL at 58 Target 80 Only for educational purpose. I am not a sebi registered advisor. Do your own analysis for understanding the reasons.
Buy at CMP and till 50, SL 40. Company is having Low Debt, High ROCE, Low PE, and fulfills the ESG Theme. Note: I am not a SEBI Registered Advisor.
Motherson Sumi is a good stock if you are looking for a long term investment for a minimum of 1 year, it can achieve a target of 225+. Reason being that it supply automotive components to original manufacturers. Scrapping Policy will give it a boost. However, in short term, it is forming a Head & Shoulder Pattern, meaning it can go downward as well upto 130...
Breakout is possible as per daily price chart. If close if above 420 on daily time frame. Target is 500+ SL is 365. Disclaimer: Only for educational purpose.