The best thing that happens to us is when a great company gets into temporary trouble.. We want to buy them when they're on the operating table. ~ Warren buffet.. Currently, tata motors is trading at a strong support zone after a panic selling due to various factors. Short-term may be harsh for this stock but still this stock can be bought at cmp for medium to...
Stock Of The month: Buy Tata Coffee: SL 203 Tgt 215, 220, 235, Global shortage of coffee, but in India bumper crop to benefit, Coffee prices up by 35% in one month. 1) Cup with handle breakout 2) Bullish market structure 3) RSI, ADX, MACD R Bullish...
Over the last few weeks, the stock has been consolidating within a range between Rs 200-210 levels with the 20-day SMA providing support. On Friday, the stock broke out of this range on the back of above average volumes. Buy between Rs 211-213 levels. Keep a stop loss at Rs 206 for a target price of Rs 235.
CMP LOOKS GOOD FOR SIGNIFICANT UPSIDE. 1) CUP & HANDLE BREAKOUT 2) BULLISH MARKET STRUCTURE 3) VOLUME EXPANSION.
JSW STEEL(D): 1) BULLISH SYMMETRICAL TRIANGLE 2) BULLISH MARKET STRUCTURE 3) RSI & MACD ARE BULLISH. T: 755, SL: 638.
EID PARRY(D): CMP LOOKS GOOD FOR A GOOD SWING TRADE. 1) DOUBLE BOTTOM 2) RSI INFLECTION. T: 470+
Aditya Birla Capital currently operates as a Non-Deposit taking Systemically Important-Core Investment Company. PAT margin has surged by 20.25%, The company is trading at 1.10 times the book value, Promoters shareholding is 70.70%.
About SAIL – Steel Authority Of India Limited Multibagger Jackpot Stock SAIL (Steel Authority of India Limited) is one of the largest steel producer and Maharatna company in India. SAIL manufactures Railway Products like Rails, Wheels, Axels and Wheel Sets etc. India is the world’s third-largest steel producer and the growth in the steel sector has been driven by...
TATA STEEL(D): CMP LOOKS GOOD FOR SIGNIFICANT UPSIDE (1400 LEVELS).. 1) ROUNDING BOTTOM PATTERN 2) BULLISH MARKET STRUCTURE 3) POSITIVE MACD & RSI..
NIFTY METAL IS ABOUT TO GIVE A STRONG TRIANGLE BREAKOUT AFTER CONSOLIDATION. Top 3 picks are: 1) Tata Steel: Tata Steel shares have rallied 240% in the last one year on the back of rising steel prices. Tata Steel deleveraged its balance sheet. The company repaid Rs300 billion of its net debt in the last financial year. In its latest quarterly results, the...
For those who have missed out the metals rally, the market still offers an opportunity to buy afresh. There is some steam left in metals. If you look at a 10-year average EV to EBITDA, we are still trading at 6.5 times. The 10-year average is 6.9. I think it will continue to go up. Buy tata steel at cmp for 1400 levels in short-term.
BUY RIL AT CMP FOR 2400 LEVELS.
JSPL(D): Trendline breakout, buy JSPL for quick 23% gain, horizon: 35 days, all oscillators are positive.
TATA POWER(D) BUY: CMP @123, TARGET: 140. STUDY CUP & HANDLE PATTERN.
SHORT-TERM TRADE: HINDALCO LOOKS GOOD FOR 430 LEVELS.
130 IS AN IMPORTANT LEVEL TO WATCH. IT CAN GO EITHER WAYS.
TATA STEEL(D): Bullish penant breakout candidate, trading above 20 & 50 day EMA (shot-term)Bullish, RSI indicating price strength, macd is above center, ADX & MFI are very bullish. Chart is self-explanatory. I am not an expert, i am still learning. In the fast few months i have been analyzing/ practising charts in my leisure time, as we know practice makes a man...
BUY TATA STEEL AT CMP, TARGET: 1250, HORIZON: 28 DAYS. (11% UPSIDE)