Nifty March 13 Weekly positional view Hammer candle formation on strong support on daily and hourly chart. Bullish view active above 17450, R1 - 17570 R2 - 17690 R3 - 17800 Hammer invalid below - 17280
Weekend Pick 3: Marksans Fundamentals : Strong, Growing Sales, Profits & EPS. High Reserves Vs Low debt. FII holding increased significantly.. Technicals : Bullish, Broken Major Resistance, forming Curve, RR - 1 : 2.5 R1: 77 R2: 87 R3: 97 SL: 55
Weekend Pick 2: Cigniti Tech Fundamentals : Strong, Growing Sales, Profits & EPS. High Reserves Vs Low debt. Promoters and FII holding increased.. Technicals : Bullish, HNS pattern breakout, LTH breaking multi year range, RR - 1 : 2.5 R1: 820 R2: 900 R3: 1000 SL: 630
Weekend Pick 1: PB Fintech Fundamentals : Weak, showing improvements, Huge Reserves. FII & DII holding increased significantly. Future prospects look good. Technicals : Trend Reversal breaking falling wedge, Above MAs, RR - 1:2 R1: 675 R2: 750 R3: 830 SL: 480
Weekend Pick 3: Zentec Only for Risky Bulls! Fundamentals : Decent, Consistent on Sales, Profits, EPS, Healthy Reserves Vs Low Debt, Into Defence Technology and edge into Drone Manufacturing. Technicals : Very Bullish, ATH, Triangle pattern breakout with huge Volume, well placed above EMAs. R1: 300 R2: 330 R3: 360 SL: 220
Weekend Pick 2: Petronet LNG Fundamentals : Very Strong, Consistent growth on Sales, Profits, EPS, Healthy Reserves Vs Low Debt, DII-FII holding increased. Technicals : Bullish, Broken triangle pattern after huge consolidation and retested, well placed above EMAs. R1: 240 R2: 260 R3: 280 SL: 195
Weekend Pick 1: GAIL Fundamentals : Strong PSU, Consistent on Sales, Profits, EPS. DII holding increased. Technicals : Bullish, HNS formation, trend reversal likely.. Good RR R1: 115 R2: 130 R3: 150 SL: 85
Weekend Pick 3: Techno Electric Fundamentals : Strong, Consistent on Sales, Profits, EPS. Promoters and FII holding increased, High Reserves Vs Debt Free. Technicals : Bullish, LTH, HNS multi year breakout R1: 420 R2: 460 R3: 500 SL: 320
Uniphos Ent Fundamentals : Decent based on other income, No Sales.. Strong Reserves Vs No Debt, FII stake increased slightly. Technicals : Bullish, Triangle and HNS Pattern Breakout R1: 200 R2: 230 R3: 260 SL: 130
Weekend Pick 1: Britannia Fundamentals : Strong, FMCG leader, Consistent on Sales, Profits, EPS. Strong Quarter, FII holding increased. Technicals : Bullish, LTH, moving in inclined wedge, well placed above EMAs R1: 4900 R2: 5200 R3: 5500 SL: 4200
ITC looks attractive! Fundamentals : Elephant FMCG, Strong, Consistent growth on Sales, Profits, EPS.. Cash Rich - High Reserves Vs Low/No Debt. Healthy Dividends. FII and DII loaded Trucks.. Technicals : Very Bullish, LTH Broken decades range, Back in Inclined Wedge.. R1: 420 R2: 470 R3: 520++ SL: 320
Budget Pick 3: UPL Fundamentals : Very Strong, YOY Sales, Profits and EPS, decrease in Profits, Promotors and FII stakes increased significantly. Healthy Dividends! Technicals : Bullish in weak Market, Triangle breakout above R1. 50 DMA crossing 200, Attractive RR! R1: 800 R2: 875 R3: 970 SL: 680
Budget Pick 2: BPCL Fundamentals : Decent, YOY Sales growth, decrease in Profits as high expenses due to crude price, DII stakes increased significantly. Healthy Dividends! Technicals : Corrected, Formed double bottom at Strong Support in Wedge. 50 DMA crossing 200, Attractive RR! R1: 360 R2: 400 R3: 460 SL: 285
Budget Pick 1: King Reliance Fundamentals : Very Strong, Market Leader, YOY Sales and Profits growth, QoQ Sales growth, DII stakes increased, increased Reserves Vs decreased Debt. Technicals : Corrected, On Strong Trendline Support. Attractive RR! R1: 2540 R2: 2680 R3: 2850 SL: 2150
Special Pick : Network18 Fundamentals : Strong, Reliance Group, YoY growth on Sales and Profits, FII holding increased. Technicals : At 52 week low price and on strong Support, Attractive RR R1: 76 R2: 88 R3: 102+ S: 45
Dixon Bearish Breakdown, Avoid fresh longs Shared Dixon bearish view around 4270... Almost fell 40%... Support levels - 2400-2100-1850 Resistance - 3200 Trend reversal - above 3900 closing only
Kotak Bank looks very attractive based on strong quarterly results! Fundamentals : Strong, Consistent on Sales, Profits and EPS. DII stake increasing, very strong quarter results. Good for long term portfolio! Technicals : Trading near pre covid level, at strong support of rising wedge. Strong results may trigger reverse, Harmonic Crab active above 2000, R...
Fundamentals : Decent, significant growth on Sales, Profits and EPS YOY Technicals : Corrected and consolidated from previous high, below MAs but in strong support zone. R 1: 11.5 R 2: 14.5 R 3: 17.6+ S : 7.5