Rocky_Chow

Rocky_Chow Updated 

A cup and hande breakout giving target of 463, an inverse head & shoulder break out giving target of 528..stop loss 313

Rocky_Chow Updated 

TIIL has five main business verticals being Drum Closures, Scaffolding systems, Cotton Yarn, Fabric, Garments and Tower Division... it has announced a buy back of Rs. 150 crores representating 6.13% of the paid up equity share capital for eligibile investors being shareowners as on december 30, 2022 in the register of the company...the scrip is thinly traded with...

Rocky_Chow

Ujjivan, triangle break out target of 380, expecting breakout next week with target to be achieved by mid april with stop loss if price closes below the traingle body

Rocky_Chow

stock may be finding support at the 50dma and the lower end of the parallel channel so having positive bias one may ride the existing uptrend so far...unless ofcourse it turns out to be a bearish flag! an stoploss exit should be on daily close below todays morning low... better to be whipsawed than fall off a cliff

Rocky_Chow

Technically on the charts, a saucer pattern is anticipated with final target of 210 and resistance lines marked in gray and stop loss of 142 (for early entry risk takers only).

Rocky_Chow Updated 

FInolex Cables can be accumulated closer to 350 levels for a contrarian bet. Refer chart

Rocky_Chow Updated 

After a breakout of INHS in April of 2021 stock is now trading in a parallel channel and is knocking at the 40 week SMA line ... the morning star pattern at the support area of the channel may be a trigger for a bigger upmove... stoploss being close below the channel...resistance at 145... T1 163, T2 201 T3 275 The catalyst being the February 13 High Court date in...

Rocky_Chow

Good to go long as long as its above the trendline.. price has broken out with a gap from a downward sloping wedge.. target of 16.80.. stoploss when price closes below the trendline very risky, be aware

Rocky_Chow

Stoploss 115 Target 164 Investors are pinning their hopes on the payment of abitration proceeds by Delhi Metro to Reliance Infra...next date of case in Supreme Court is Feb 13, 2023... very risky, be aware

Rocky_Chow

A promising company, growing at a fast pace but as with a new stock making splash, it soon comes under scrutiny and questions are asked: - a public shareholder who held over 18% stake in 2022 has been on a selling spree, counter argument being he has been holding when the share price was below 75 and is cashing his chips, also, promoter has increased stake,...

Rocky_Chow

The Annual Report of 22 gives the further capex plans of the company as follows: Existing capcity 766kl 240kl brownfield reactor capactiy at Dahej - completed during October of 2022 400kl brownfield reactor capacity at Ankleshwar - expecting completion announcement during Q3 concall effectively the reactor capacity increases by 85% to 1406kl ... 600kl to 800kl...

Rocky_Chow Updated 

Could be a triangle in formation....stop loss 404, final target of 560+ ..breakout max date by 13th of jan and max time to reach target 13th march 2023

Rocky_Chow

Cup formation, target of 2063 with stoploss at 1400

Rocky_Chow

Till the price doesnt go back below 1850, a targrt of 3360 is in sight..cup formation, breakout and consolidating now

Rocky_Chow

It needs to cross and close above 1060 to start its journey towards the 3.618 fib level at 1592..keep a track of it, may just burst through the doors soon

Rocky_Chow

Keeping stop loss of 73, one can go long for targets of 122 (cup and handle) and 139 (inverse head & shoulder) breakouts

Rocky_Chow

The weekly chart shows the price above 40 week SMA and also above the previous swing high of 670... the idea is to go long with stop loss of 665... the target can be derived by the cup width which comes to 1195

Rocky_Chow Updated 

The last two weekly candles shows buying strength demonstrated by a piercing pattern.. monthly chart is showing uncertainity with a doji formation, probably triggered by the large scale covid spread in China leading to fears of another round of higher NPAs for the SFB.. On the positive front, one can look forward to the quarterly business snapshot which the bank...