NTPC Ltd can give very lucrative returns in 1-2 months time period.
FUNDAMENTAL POINTS - Company is almost debt free - Stock is providing a good dividend yield of 10.99% - Company has a good return on equity (ROE) track record: 3 Years ROE 53.91% - Company has been maintaining a healthy dividend payout of 56.04% TECHNICAL POINTS - Stock has corrected more than 30% recently - Tradeline support - MACD Oversold - RSI Oversold
NIFTY has has given a good upward rally since last 2 trading sessions. NIFTY has reached a level where it has a strong Resistance from Ichimoku Cloud on Daily timeframe and from previous high level & moving averages on hourly timeframe. In order to sustain the upward rally, NIFTY has to give GAP UP opening on 9th December. Keep an eye on US market today evening.
Reasons for buying HUL: 1. Stock is in uptrend "Trend is your friend" 2. Stock has taken a crucial support from its 400 days' EMA 3. RSI Divergence
Crucial Support and Resistance levels for NIFTY . Nifty has taken a good support as per the trendline drawn in the chart and expected to give some short recovery from the current level. I have revised the levels basis today's bottom. I think NIFTY has very strong support at 17200 levels. Go long at CMP!
Crucial Support and Resistance levels for NIFTY. Nifty has taken a good support as per the trendline drawn in the chart and expected to give some short recovery from the current level.
This counter is looking very bullish at CMP. Watch the counter on coming Monday and take the position accordingly. Cement sector is is expected to do well in coming days.
Just Dial is a risky bet considering the sluggish financials of the company. However, as per stock's past trend, return of 50% can be achieved in very short span of time (within 20-25 days). Keep a strict stop loss as shown in the chart and hold the position for minimum 50% return on the up side.
Reasons for buying Eicher motors 1. Support from 400 days EMA 2. Oversold RSI 3. RSI Positive Divergence 4. MACD is about to crossover 5. Sales figures for the month are very good 6. Result is on 2nd Nov. Results are going to be good 7. Festive season pent-up demand 8. Very good Risk to Reward ratio Buy Eicher Motors at CMP for the target of 20% on the up side...
Reasons for Buying: 1) Company has reduced debt 2) Company has delivered good profit growth of 55.88% CAGR over last 5 years 3) Company has a good return on equity (ROE) track record: 3 Years ROE 26.19% 4) PE is less than 4 5) Net Profit Margin is 25%
Invest in Cadila Healthcare at CMP. Results for Q2 seems to be good. Stock has taken support from 400 days EMA and ready to bounce with bang.
Gujarat Gas has consolidated and taken a crucial support from it's 200 Days EMA. Stock is oversold and expecting to give a bounce back on upside in coming days. Accumulate the stock at CMP for the target of min 50% on upside from current level.
Reasons for building positions in UPL Ltd 1. UPL Ltd has consolidated for more than 5 months now 2. Support from important 200 days EMA 3. RSI in oversold position 4. Positive Divergence on RSI indicator 5. Risk to Reward is very lucrative
Safest bet in Futures contract can be in Granules India. Very limited risk with high reward equation.
Indiamart can be a "Buy" in Options segment with the strict stop loss as suggested. Very lucrative Risk to Reward ratio.
Pick for the Long Term! NMDC is fundamentally very strong counter with very low PE level of 4.68. On technical chart, best levels for accumulation would be from CMP to 132. PE 4.68 Profit Margin 45% Promotor Holding 61% Company is almost debt free Stock is providing a good dividend yield of 5.45% Company is expected to give good quarter Company has delivered good...
Buy this counter at current level. It will bounce back in very short term. Targets and SL shown as per the chart. This stock can be a multibagger on a long run.
Important Levels for NIFTY for Intraday trade for tomorrow i.e. 21/10/2021