Look well on both Chart and Fundamental . Value stock could double from here .
Fundamental good stock given breakout Target : 465+ (short term) SL: 299 > Accenture to enhance Indo Count's biz operations using digital technologies > Durability and Valuation are upto mark. One can hold this stock for long term in textile industry.
Technical As long as it didn't close above 777, It could give breakdown and Touch the support around 650. For Positional April month trade SL: 777 Target : 650
On daily chart it has given parallel channel breakout after a year of consolidation which touched roughly its breakout target level of 18900. Since then, it has now retraced to retest this breakout line. Now 2 scenario could be possible mostly to me is :- 1.The market may experience a minor rebound up to the level of 173xx-177xx, before breaking into the...
Fundamentals: DLF , India's largest commercial real estate developer, recently concluded a record-breaking luxury home sale of Rs 7,000 crore ($1 billion) in Gurugram. DLF plans to be debt free by end of FY23 The company stated that it had "left a lot of money on the table" due to the high demand for the luxury properties. DLF saw high demand for luxury homes...
Technical:- It has forming Cup and Handle kind of structure on daily chart while taking support on the Parallel chart trend of weekly which seems much strong enough to give it bounce to touch the upper line. Target would 1900/2300/3000+ Time frame: 1 month / 3 months / 1 year Fundamental : PVR-INOX merger got approved recently. People has given better...
Look good for long and Positional. Chart is self-explanatory . In Positive news regarding to Japanese Firm for semi conductor manufacturing , Softening Inflation and Metal index has given breakout . Target : 346/367 SL : 305 Duration : 1-3 weeks
Look good for long and positional. IN positive news regarding commence of commercial unit , Passed 1GW landmark in total for Renewable Energy . Target : 187 SL : 167 Duration : 1-3 week.
charts seems to formed double bottom on daily chart. Likely to breakout and could touch 370 in coming days. Positive cues : growth in rural premium product(comment from managements) , Inflation has been soften and Holidays are upcoming so its positive for hotel business of ITC as well. for Positional view : Target : 346.9/350.35/354.80/368 SL :...
LT has solid order book and Inflation seems to go soften. This rally could extend to 2400 . Positional view on the stock is Long with target 2080/2144 Duration up to 15 days. SL below 2010 as per risk appetite . See the chart for more details.
It's has posted not so great quarterly result due to raw cost increase, so the sharp downside movement in stock was noticed. It has been in news past few days for the 20 year long term deal with other listed Fertiliser Company. Inflation seems to be peak and ready to bites the dust for the moment. Having said that, Positional View on the stock would be Long...
Bhel has couple of resistance ahead, 73, 77 and 80 . Result of this quarter has not boost the confidence of investor thus far. So, it might move down to touch the support of the parallel channel. Positional view for the next 10-15 days :- Target : 65 Entry at 73+ SL: 75 for more details see the chart .
Most likely it would hold the support of breakout line and move toward 2700+ until the 2495 (SL for equity segment) is intact. Target 2700+ in next 10-15 days as a Positional view. SL : 2545 See the chart for more details.
T- 215/200/185 SL : 239 Reason : Head and Shoulder like structure and bearish bat has formed . Holding period : 30 days
T- 7375/7000/6980 SL : 7900 Reason : Bearish bat/Double top/ breakdown from Parallel chart likely.
T- 2250 SL: 2690 Reason : Double top pattern and cypher structure has formed in daily chart. Holding period : 60 days
Targets : 14175/13619/13190/12468 SL: 16826 (closing) Technical Reason : Breakdown from Long Parallel Channel. Fundamental Reason : Russia-Ukraine prolonged war , Russia Economy stable by support of India as a customer, Rubble strengthening -- Dollar Weakness , US-China tussle over Taiwan likely to emerge , Energy price unlikely to come down as long as there...
T- 435/450 SL: 380 Reason : Parallel channel breakout likely Holding period : Less than 15 days.