NSE:CYIENTDLM Overview: NSE:CYIENTDLM is a leading electronics system design and manufacturing player in the aerospace and defense sectors and other high-tech engineering segments. It is attractively priced to enter into a short term trade. Fundamentals: As it is a high growth company, it has high PE ratio of 88, however its financials supports its...
BSE:PICCADIL looks perfectly poised to give a solid 20% return to investors with a short term horizon. Technicals: When we see the candlestick chart on a daily basis, it is trading at 750 which lies in between its nearest support at 700 and nearest resistance of 780. The MACD indicator points in the direction of an uprise with a healthy positive value. ...
NSE:SKIPPER is expected to break past its resistance and may rally up to 20% in the near future. Technical Reason - NSE:SKIPPER had been on a downtrend in the first half of December before resuming its upward movement from 22nd December. NSE:SKIPPER has been on an uptrend ever since breaking out from its downtrend channel. NSE:SKIPPER has always...
NSE:ACI is looking ripe for a breakout in the near future. NSE:ACI has been languishing at 500-550 price level since 18th April 2023. However the candlesticks that have appeared on 3rd and 4th August 2023 gives hints about an upcoming bull run which could see it cross the 650 mark. Technical Analysis: Since 8th June 2023, NSE:ACI has been on a continuous...
NSE:FLUOROCHEM is currently trading at a discount of 30% from its all time peak. It was going through a downtrend and has now broken past its channel (highlighted in purple). The breakout pattern is noticeable and higher highs are being achieved by $NSE:FLUOROCHEM. This indicates NSE:FLUOROCHEM can go higher and inch closer to its 52 week high of 4170. ...
NSE:NIFTY fell by 234 points on 21st July 2023 and is now at 19745. It is shy of 255 points to reach the 20K summit. I feel in the coming week due to the positive inflow of funds from Foreign Portfolio Investors(FPI's) and no negative news bothering the Indian economy, NSE:NIFTY will surpass the 20000 mark by 28th July 2023. Even if NSE:NIFTY were to fall on...
NSE:MAZDOCK has been on the rise since June. It has broken past the resistance level of 1000 INR in June. During the first week of July, it has breached the 1300 mark and has found support at that level (marked in MAROON LINE). In the second week of July, it has crossed the 1600 line and has found support at 1600 (marked in PINK LINE). It is now on course to go...