SumukhK

SumukhK

Reliance Industries is positional sell with stoploss of 2132 as it wasnt able to breach previous HH level of 2120 on Weekly Basis and made a LH with high of 2108

SumukhK Updated 

Long SUVEN with a stoploss of 47 for higher targets of 62, 74, 81, 97 and 112

SumukhK Updated 

Bharti Airtel ready for upside target all Green Lines 508, 536, 565, 596, 612

SumukhK

NIFTY is at no trend zone - LONG above 11540, Short below 11430

SumukhK

BIOCON - enter with stoploss of 528 and price target of 10%, 30% and 50% upside for Short, medium and Longterm

SumukhK Updated 

NIFTY has completed its 38% retracement at 9392 from highs of 12430 to lows of 7511 at current levels i.e. 9260 Nifty is in the bearish range with stop loss of 9420 and above on closing basis NOTE : Please consult your financial advisor for any investment in stocks, futures and equity

SumukhK Updated 

Nifty seem to be in Bearish momentum for now - the chart suggest stop loss of 8350-8365 with possible range to hit 7800-7600 However one should consult their financial advisor before making any decision to buy or sell equities/index/index future

SumukhK Updated 

Tata Steel is in the multi year support zone from 250's till 175 levels one can keep accumulating TATA STEEL at levels of 250, 220, 200, 185 However one should consult their financial advisor before making any decision to buy or sell equities

SumukhK Updated 

Indian Metal & Ferro Alloys - IMFA is available at great bargain price this stock can be accumulated from current levels i.e. 110 till 78 It has recently hit 90 level and that is great support for now breaching which it can see levels of 78 However one should consult their financial advisor before making any decision to buy or sell equities

SumukhK Updated 

Vedanta is available at very cheap levels and lucrative price, this can be bought at current price i.e. 63 till 46 Rs as potential downside level However one should consult their financial advisor before making any decision to buy or sell equities

SumukhK Updated 

Arvind Mills is available at good bargain price between 19-21 Rs - this has strong multi year support at 15.4 levels and is a potential wealth maker NOTE : One should consult their financial advisor before making any decision to buy or sell equities

SumukhK Updated 

L&T Finance Holding is available at good price level i.e. 48-49 - can be bought till 40 levels buy as per your risk appetite as below 40 levels it has not seen since IPO NOTE: One should consult their financial advisor before making any decision to buy or sell equities

SumukhK Updated 

TATA MOTORS - is a Tata group flagship company which has investors sitting on heavy notional losses fundamentaly the company is on right path with Investments into EV, new launches & divestment of JLR May 2004 - low of 59.35 - marked with Flag July 2004 - low of 62.95 - marked with Flag May 2009 - low of 48.80 - marked with Flag July 2009 - low of 50.30 - marked...

SumukhK Updated 

Axis Bank is trading at current levels of 320's after price erosion of beyond 50% in just 1.5 months i.e. fall from 750++ levels one of the fundamentally strong private bank with govt holding of 26% Axis bank can be accumulated in the price bank of 225 to 320 levels with various support levels as highlighted on the chart with blue lines NOTE: One should consult...

SumukhK Updated 

WELCORP is in great value range i.e. below 69.45 till 51 slippage below 51 seems to be very difficult bt not ruled our - considering it is now trading with 5% circuit band with low volumes can help restrict further price erosion NOTE: One should consult their financial advisor before making any decision to buy or sell equities

SumukhK Updated 

AVANTI FEEDS - is one of the major players in Shrimp exports - current headwinds are temporary for the stock and makes a candidate of long-term wealth creation current price i.e. 283 is a great bargain price where one can own this company - further considering its volatility it can test its recent low of 250 and slippage below that opens door to 215-209-201 levels...

SumukhK

Eicher Motors had huge price expansion run from 4k to 33.5k current fall is too hard for investors and at 12k it still doesnt makes a stop fibonnaci levels suggest a possible stop at 10500-10600 levels completing 78% retracement and to add some cushion one can considers price correction till 9700 levels NOTE: One should consult their financial advisor before...

SumukhK Updated 

Hindalco Can be bought at levels suggested, i.e. from 95 to 82 levels (multiple support zone i.e. 95, 85-86, 67, 58) with further slide till 55 levels is possible in worst of the scenarios However one should consult their financial advisor before making any decision to buy or sell equities