- Solid IPO base formation - Good momentum in last few sessions - Cup and handle in the making
👉 CRAFTSMAN AUTOMATION: 🔹Consolidating at breakout level 🔹Solid fundamentals 🔹Higher High Higher Low structure 🔹Looks good above trendline breakout
👉 AKME FINTRADE INDIA LTD: 🔹Solid IPO base formation before breakout 🔹Sectoral support 🔹Looks good above trendline breakout 🔹Higher High Higher Low structure
🔹Solid base formation before breakout 🔹Good fundamentals 🔹Looks like a good buy above trendline breakout
🔹Solid ipo base formation before breakout 🔹Good fundamentals 🔹Sectoral support 🔹Looks good above trendline breakout
-> Tight contraction at breakout levels -> Strong uptrend and above all key EMA -> Solid fundamentals -> Closing above 900 should take this to 1000+ levels
-> Solid HH HL uptrending structure -> Multiple bounces of 50 and 20 EMA levels -> Breakout and retest done -> Looks good positionally
-> Mediassist is now trading out of the big channel made after IPO -> One can consider this for a swing candidate
-> BhartiHexa looks a good candidate for a possible breakout -> One can plan to add this above 1260 levels
-> DLINK looks really strong for pushing its gains -> Strong uptrend followed by Inverse Head & Shoulder formation before breakout -> Good Fundamentals
- OEM for Air-conditioning companies - Out of a big IPO base - Currently trading at ATH levels - Keep tracking with PGEL. If PGEL keeps making new highs, expect this to give good move as well
-> DOLATALGO now trading above breakout level -> Cup and Handle kind of setup -> Looks ready for 200+ in upcoming sessions -> Solid Fundamentals
-> Innova Captab showing showing good strength in weak market -> Looks ready to test 800+ levels in upcoming sessions -> Pharma is the most bullish sector currently -> Out of a big IPO base
-> KINGFA looking good for long above 3550 levels -> Strong support taken today from 20 EMA -> Out of a big base and in a clear uptrend -> Decent Fundamental
Techno - Funda Pick: GLS - Above all key Moving Averages - Strong fundamentals with amazing ROE and ROCE - Relatively cheap valuation which makes it very attractive at these levels - Has broken out of multiple big bases with no big selling seen during accumulation phase - Multiple shakeouts visible on chart to remove the weak hands
Medium term buy call on GLS - Rationale: Above all key Moving Averages Small Caps have started buying in Jan'24 Multiple shakeouts visible on chart to remove the weak hands Has broken out of multiple big bases Strong fundamentals with amazing ROE and ROCE Relatively cheap valuation which make it very attractive at these levels
Smc Global securities looking good for 6-12 months view. Well diversified business. Valuation is affordable. Highest ever weekly volume. Expecting strong range expansion. Above all key MA.
Good buying force. Above all key MA. Good quarterly numbers. Expecting it to move 40 - 50% in the next few months.