Powerplay - Technical Trade
I took a pilot position at 135.6 and I will be looking to add at minor corrections. Technical: stock quickly recovered from recent COVID-19 crash lows. It has surged around 100% from its low and held its gains. price wise, it looks strong Fundamental: This stock shows decent sales and profit growth. 5 years of sales growth - 8.28% 5 years of profit growth -...
I will be buying timken above 976 Technical: stock quickly recovered from recent COVID-19 crash lows. the price has been contracting, last few days price action looks constructive. Fundamental: This stock shows good sales and profit growth. 5 years of sales growth - 18.3% 5 years of profit growth - 26.7% Margins at a record high of 22%, although this doesn't...
Pure Technical trade. Power Play( Mark Minervini) style
Technical Trade - Powerplay
Ajanta Pharma recovered pretty quickly from the lows during the coronavirus market meltdown. I have added this stock at 1430 & 1550 to my portfolio. I am looking to trade this actively. The current market scenario is favoring the pharma sectors and some stocks are setting up well. I will add more to my position if the stock continues to perform well. We will also...
We can go buy nath biogenes if it sustains above 200DMA Technical: the stock has surged more than 65% in 5 weeks. The price is back above 50-200 DMA. no surprises on volume front Fundamental: This stock shows great sales and profit growth. 3 years of sales growth - 17.4% 3 years of profit growth - 39.4% Margins are at 20%, not sure how high it can go however...
We can go buy morepen on minor pullbacks Technical: the stock has surged more than 100% in 5 weeks. The price is back above 50-200 DMA. highest weekly volume since 2018. These are good signs Fundamental: This stock shows good sales and profit growth. 3 years of sales growth - 16.6% 3 years of profit growth - 18.9% Margins are at 8%, there is more room for...
Daawat looks promising price strength-wise and earnings wise. i will be looking to initiate a position on corrections of 10/15% Technical: Daawat has clocked the highest monthly volume since Jan 2018 and it's up 50% in June 2020. Makes the case to look at it for a trade Fundamental: This stock shows decent sales and profit growth. 3 years of sales growth -...
Waiting for a pullback to enter this stock Technical: stock quickly recovered from recent COVID-19 crash lows. It held 2019 lows and surged higher very quickly to make new highs. The stock broke out of a 5 year high with extremely high volume which is seen after 5 years. it's a good sign. on the daily chart, you will see up days are on higher volume and down days...
Technical: stock quickly recovered from recent COVID-19 crash lows. It held 2019 lows and surged higher very quickly to make new highs. price has been contracting since May and up days volume is higher as compared to down day volumes Fundamental: This stock shows good sales and profit growth. 5 years of sales growth - 15% 5 years of profit growth - 60% Margins...