Kotak Bank has had a fabulous year and we have stressed enough that in whole Banking sector, we only like and invested in HDFCBank(800 levels) and Kotak Bank(around 1300 levels). Hence Now the stock has entered correction and its 16% down from its high. Its a good stock to accumulate at these levels for long term gains.
RELAXO Footwear is a strong fundamental and growing company which has given bullish flag breakout. Start accumulating for long term investors.
Vidhi is an excellent stock in terms of fundamentals and in technicals too the stock has given a breakout. It is dealing in an evergreen sector and the stock will scale new highs.
Bodal Chemical which is a decent performer has completed its bottom and trying to comeup with a upside of 60% potential. The company is not very strong so it might take more time and would recommend less allocation.
L&TFH is coming out of consolidation of more than 3 years and with the improving economic situation, the stock surely has 60% of upside left.
Tata Power has given a breakout from a channel patter after 12 long years. The stock is currently trading at fair valuation and with Electric vehicle push, the stock can be seen to scale new highs in this 2020-2030 decade.
Auropharma has been a good performer from the IPO stages. However it entered consolidation stage from 2015-2020. Now the stock is getting ready to move up into new range. Buy for longterm investors.
A good fundamental company has given a breakout in Weekly charts. With the demand pickingup in FMCG setcor, the stock is poised for new heights.
KRITINUT has broke the downtrend some time back and has bounced from strong support zone. The chart is forming a cup formation and we can capture the upside 35% as it is undervalued. Fundamentals seems to be good.
A midcap IT company with decent valuations have given the breakout. Remember we are already holding from 2570 which was our first buy given in our stockarrows group. Now is the second buy.
The company has given a price action buy signal. Though the technicals are not that strong, the fundamentals make up for it. The company has been a turnaround and performing very well.
Mindtree is a good midcap IT company. Good to hold for atleast next 5 years and it has given a breakout in weekly charts. Start accumulating.
HappiestMinds has been one of the solid fundamental Small cap IT company which is poised to grow in the future. It failed to mark new highs post IPO due to its high PE valuations. After it consolidated for a few days forming a wedge pattern, it has given a good breakout. Target 1 will be the previous high and leave the rest for investment.
Its the trade of the decade. But the breakout should be confirmed by clearing the short term resistance. Wait for that. If it clears buy it and keep the trade open till previous high is touched. Book partial profits there and leave the rest for investment.
CHEMCON was one of the bumper listing IPO but post opening it was under heavy sell off. Now the stock has formed double bottom and cleared the nearest price action and gave a breakout. Go long.
Asianpaint has come out of consolidation and has given a breakout from triangle pattern. It has crossed its ATH(All Time High) with good volumes. Its an evergreen stock and sector. A large cap and must be there in everyone's portfolio. Buy them at this price and wait for good returns over the years.
Pfizer has formed a Cup and Handle formation. Company is fairly good. Given the uptrend in pharma industries due to COVID and pfizer being an MNC, its a good trade to take if the BREAKOUT has been confirmed with daily candle closing above 5240.
Nifty Small Cap is still almost 50% down from the high of Jan 2018. Its facing short term resistance in the trend line. Some of the small caps have shown signs of recovery. The index will try to scale back to previous high of 2018 in coming years. Choose a good smallcap with healthy balance sheet and undervalued. Many small caps P/E are available from 8-15. Ride...