CAMS a monopoly company within niche area of MF etc is looking good with Rounding Bottom formation. The stock is currently in STAGE 2. Stoploss for Medium term 2700 on closing basis. Expecting 4000 within this year.
Monthly Chart looks good and it near Breakout... We should provide ride this chart if it manages to stay in the ARC. Can we 4X opportunity in coming years...
Another strong stock within IT space is Route Mobile. Results were flatish but stock is holding nicely. It is at channel support. Buy at current market price with stoploss around 1520 on closing basis. We should see target towards 2000 zones very soon.
The stock within CHEMICAL Sector is currently holding strong. Results were also good and OUTLOOK is also promising. The stock is in Bull channel. Buy at current market price and on dips upto 1160. Stoploss 1100 on closing basis. First Target 1420 and above this will move towards 1750 1800 1900 zones.
The Stock after long consolidation had given breakout last week above 200 205 zones...The stock has retest the breakout and now heading towards 400 plus zones by mid next year Buy at CMP 200 to 195 Stoploss 180 Closing Basis
Aegis Logisitics fundamentally is good stock and currently at good levels to add today...Personally added today around 337...Stock is at BULL channel support and probably W pattern is in making... Stock is available around 15 times EVEBITDA which is near historically bottomed out valuation... Looking for short term target around 385 and 425 Stoploss 320 Closing basis
Nifty has consolidated for now 2 months within small range... Markets are giving good long opportunity for Medium Term.... This will be POSITIONAL TRADE buy in the range 17650 to17580 with STOP 17400 closing basis... Target will be much higher since this is POSITIONAL TRADE... This is HIGH CONVICTION TRADE for me
If Nifty manages to sustain and close above 17900 we can see 18100 18200 by end of this week... Breakout looks likely and my bias is on positive side...
I had personally bought Adani Ports last week around 450 zones...The company has monopoly in PORTS business. Once Adani Enterprise settles, PORTS will be good mover on upside...It has touched Monthly DEMAND zones... This stock was not in Bubble and price move on downside is more on SENTIMENTS effect.
This is not BUY/SELL recommendation. I will be eyeing 1250 for sustainable recovery.
Poster Boy of Indian Bull Market since COVID had been ADANI GROUP STOCKS. Interestingly #ADANIENT from HIGH of 4150 odd zones has fallen around 75% to 1020. Similarly Poster Boy of NASDAQ Bull Market had been #TESLA and it has also fallen 75% from 415 odd level to 101 and recently after hitting 101 it made high of 199. Adani although is not comparable with Tesla...
Can Nifty bounce after filling this gap from 17330 to 17425...Keep close watch...
17850 stop for SWING TRADE....Good range to take long between 17890 17920... Hoping to see support here
CNX IT is currently mimicking Nasdaq Tech Sector moves...Tech sector is giving breakout on falling trendline...
CNX IT is retesting breakout levels... Added LTIMindtree today at 4865 as positional pick Infosys call already shared looks good Can use this dip to buy your favorite IT Stock
Will the gap fill or will bounce from here ? 18120 18125 Stoploss for long at current market price 18150....move power above 18175 18180
Kopran - Growth Triggers - From Q2, most of the recent CAPEX is coming online. Full impact of the results will be seen in Q3 along with Margin Improvement due to softening of Raw Material prices and it will start trending higher. Panoli site: Commercial production is expected to commence in September 2022 Mahad site: Non-sterile Facility Phase 1 completed by...