we can try and ride on the new ATH for a rounding bottom pattern breakout. Buy above 1655 or the retest of 1600-1610 zone, Target 1800, SL 1528 on CLBS
Tata Elxsi #tataelxsi the first 2 times scrip broke 0.382 #fibonacci level and tested the trend line, a good RR was seen. Hoping for a repeat on the third instance. SL~ 7870 Targets in orange #nifty #swingtrade #investing #stockmarketindia P.S.~ Safe entry above 8830
Quick note-sometimes all those late hours in office lead to missing the perfect entry. Enter near 310, if opportunity presents For now, Enter above 352 when sustained SL~ 303 Targets in orange
IDFC First Bank #idfcfirstbank I like how the bank is switching to retail loans. Improved financials viz CASA, CRAR etc. #cupandhandle & inverted #headandshoulders Targets in orange SL~ LT 28 WCLBS ~ST 36 CLBS Con: exposure in #spicejet #nifty #investing #multibagger #stockmarketindia
JTEKT INDIA #JTEKTINDIA if you are holding #Endurancetech then split capital between these. Purely a technical chart, the financials are ‘stagnant’. Accumulate with 66 as SL on WCLBS for targets in orange or enter post #breakout #VCP #nifty #investing #stockmarketindia
financials are solid. Capital expenditure will lead to further improvement in financials. FII stake increased. Buy above previous week high for target of 230!
Financials look rock solid. Market cap less than 1000 cr and investments of more than 2000 cr. Medium term targets are 3300 and 4200 with a SL of 2575 WCLBS. Long term target 9180.
Sun Tv Network Ltd #suntv looks promising both technically and fundamentally (EPS, PE ratio, capital expansion, low debt). Can accumulate in dips till 450 or Enter post 540 with 450 as SL. Target 600, 648 and beyond.
TV18 Broadcast Ltd #tv18 looks good for a rounding bottom formation with a SL of 34. Fundamentals are improving (reducing debt, improved ROE and ROCE, increasing sales) Targets 50, 56, 67 and 81+
Entertainment Network India Ltd #enil *Net loss making co so not more than half of your per trade capital* Can give decent returns as it's taking support from trendline. SL 143 Targets 199, 232, 267 and beyond
KRBL #KRBL reducing debt, improving financials. Good accumulation near the demand zone. Essential item= staple demand. Potential multibagger. Buy half and rest in dips. Entered today at 288. SL~ 214 on WCLBS.
Lumax Industries #lumaxind is another potential #multibagger with the multiyear #breakout. CWIP increasing and OPM is gradually increasing as well. Strong promoter holding and a manageable debt. SL~ 1220 WCLBS #lumaxindustries #investing #stockmarketindia #nifty
Visaka Industries #visakaind is a #breakout from the cup and handle pattern and a #multibagger in the making. Aggressive SL~ 444 WCLBS. #nifty #investing #stockmarketindia Disc: already invested
Forming the handle of cup and handle. Technical target 1244. Op. margins of the company have been unchanged which signifies a strong command over prices. Financials are strong. Start accumulating in this counter or alternatively buy half and rest after breakout. Take profit targets for those who can't wait for #breakout from CMP are 798 and 865. Even if it...
Tata Steel #tatasteel formed an inverted #headandshoulder on a crucial area. Technical target 134. Disc: already invested
I really like the business model and given the amount of electronics bought in work from home tenure, this business will atleast go to the ATH.
Financials are healthy with stake increased by the FII. #Breakout above 400 or you can accumulate this near support levels.
A cup and handle being formed where the breakout looks imminent. Accumulate in dips till 105 or enter above 168 weekly close.