Technical Trade:- Price consolidating above and taking the support of 50 DMA. up days are on higher vol and down days are mostly below average daily volume. I will look to buy between 947-950 with a dynamic SL, which will be decided as the trade executes.
I will be buying this stock above 877 Technical: stock quickly recovered from recent COVID-19 crash lows. It held 2019 lows and surged higher very quickly to make new highs. it has broken 2014 highs with all-time highest volume since IPO in 2012. Fundamental: This stock shows excellent sales and profit growth 5 years of sales growth - 17.5% 5 years of profit...
I took a pilot position at 55.5 and I will be looking to add at minor corrections. there isn't a good base in place for this one so waiting for it before I add more to my position Technical: stock quickly recovered from recent COVID-19 crash lows. It held 2019 lows and surged higher very quickly to make new highs. it has the highest volume since 2018, although...
Technical Trade - ICICIGI reclaimed 200DMA and it has been trading above it comfortably. down days volume are below average daily volume, this is constructive.
Technical Trade - MGL reclaimed 50dma and 200 dma recently and since then it has been well. Currently, the price is around 61.8 retracement and today close looks constructive. Nifty is down 200 points but MGL has closed strong with 233% above average volume. If the price continues to move up with good volume, i will enter between 1058-1065
Technical Trade - Price is consolidating above 50DMA and its contracting. I will be buying this stock above 2779 with a stop loss of 2680.
Sumichem has been showing good price strength. I've taken a pilot position at 234 and 248. awaiting results to add to my positions, if they are good
We have added this stock in our portfolio on 27th April and 6th May. There isn't much trading history to rely on so we are keeping the position size small. We will be monitoring this stock closely to see if it performs well. If there is strength in the price, we will be adding to our position. Let's see what the earnings have in store as well. will keep you guys posted
SumiChem has recovered smartly from the lows after the coronavirus meltdown. The stock has been going sideways for some time, we have added the stock to our portfolio at 230-235 levels. The stock is 15% away from its 52 weeks high, it's a good sign. We will look for price strength and add more to our position strategically. if the earnings surprise comes, it...
I took a pilot position at 85 and added more at 85.5. Technicals: stock quickly recovered from recent COVID-19 crash lows. it didn't break the previous low made in 2018. these are good signs Fundamentals: 5 years of sales growth - 21% 5 years of profit growth - 24% Margins rising steadily since 2018 Debt decreased by 39% TTM earnings up 40%
I took a pilot position at 485 and I will be looking to add at minor corrections or on the way upward (when the price shows more strength) Technicals: stock quickly recovered from recent COVID-19 crash lows. It held 2019 lows and surged higher very quickly to make new highs Fundamentals: This stock shows good sales and profit growth. 3 years of sales growth -...
Bayercrop margins at its highest levels with the highest eps. very high chances that the stock can double from here. I will be adding more to continuing price strength. Technically stock has posted highest volume since 2017.
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