TradingWithVerma

TradingWithVerma

CMP 190 SL 168 Keep on adding till 176 Target 210,240(weekly basis) Tehnicals Stock has crossed 175 level after Feb2024 Huge deliverable volume 22lakh today nearly. RSI 66(weekly) suggest still fuel left for upside Fundamentals Good promoter holding 67% FII has increased share by 0.7% to nearly 1.44% in previous quarter. Not very impressive ROCE 11% and ROE...

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CMP 182 SL 165 Short term Target 198 Long term target :- if sustains above 200 mark then trail stop loss with 50 DEMA Technicals Stock has given a good breakout with increasing Volume on green candles. Stock is in Uptrend Respecting 50DEMA on every fall Fundamentals 61% promoter holding ROCE - 32% Nearly 0 Debt/equity PE is higher as compared with industry...

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CMP 131 SL 125 Short term Target 144 Long term can go upto 200 Technicals Stock has given a good breakout with increasing Volume on green candles at124 level Monthly chart inverted Head and Shoulder pattern getting formed. Fundamentals Lower Promoter holding PE is higher as compared with industry average Disclaimer :- I may or may not be holding this...

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Bullish on Delta corp. CMP :- 245 RSI:- Taking support on 60 Stock crossed 245 level on September 2021 touched 300 came back, again attempted but failed in Dec 2022 came down but didn't break its previous low which was around 160. Today again stock crossed 245 level with good volume. Volume analysis:- Delivery volume today was more than 11 lakh as compared to a...

TradingWithVerma

CMP =80.55 Breakout with good volume on 18 May, Gap which was created on 15 Feb was filled significantly with good volumes. RSI= 66 Fundamentally:- Not so good stock with ROCE and ROE being less than 10. SL for this stock can be just below the 75 levels. Target:- 86 Disclaimer:- This is not any buy or sell recommendation, this analysis is just for...

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CMP =205 Breakout with good volumes both on the daily and weekly charts. RSI >70 (bulls territory) 182 level broken which was acting as resistance since sept2022, then stock consolidated and breakout given above 200 level. Accumulate in the range of 205 to 200 SL for short-term trader 196, medium to long-term trader 181. Fundamentally:- Strong not so good, with...

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Bullish view on Bharat wire and Ropes CMP:- 112.50 SL:- 108 Target :- 118 Technicals RSI 64 on Daily time frame Taking support of Horizontal trendline, which was acting as resistance previously (from August 2021 till august 2022) stock went up till 138 and then corrected taking support of fibonacci level. Stock is trading above both 50 SMA as well as 200...

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Bullish on Nava Ltd CMP 244. SL 232, Target1 260 Target2 270 RSI 52. Taking support on 55SMA Stock has been corrected after breakout . Good volumes on green candles. Analysis based on trendline. Disclaimer :- This is not any buy or sell recommendation, it is just for educational purpose. Take any buy or sell call only after consulting with your financial...

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Chamanlal Setia Exports Ltd (CLSEL) Bullish on this stock. Even with so much of panic selling in the overall market Volume on the bearish candles are not so great. Stock is in the uptrend. Forming Hammer candle near 55 SMA level which is also 0.382% level of Fibonacci retracement which might be a sign of bounce back. Target 1: 135 Target 2: 140 SL for a...

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Bullish on Vedanta limited. RSI 58 bullish on a monthly basis RSI 65 on daily basis shows bullish but also not in overbought territory. CMP:-330 Accumulate in the range of 325-330 SL 319 for the very low-risk trader. Risky trader can keep SL of 305 level Target 1:- 350 Target 2:- 370

01:45

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Buy Axis bank (15 minute cahrt) CMP 925 First target 935 second target 943 Stop loss for low risk trader 920 Stop loss for risky trader 917 RSI above 60

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D. B Corp looking good on weekly and daily chart ( Multi Time frame analysis) Stock is in consolidation mode from more than 2 years after a fall from 450 level. Technical Indicator RSI-greater than 62 showing bullish momentum Stock has retraced from 150 level in Sept to 119 level Again volumes are rising on green candles looks like stock is ready for next...

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Company:- Menon Bearings Limited Rsi:- greater than 57 volume rising on green candle and lower volume on red candles. Stock has given breakout of Jan 2022 level on 6th September and after that stock went in one sided upward rally. Now consolidating since 1 month. Strong seems to be ready for another upward rally. Buying range :- Accumulate Stock in range of...

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Buy Bharat Wire Ropes: Consolidation done after breakout and a next bullish candle formed showing stock is ready for the next upward move. RSI: 59.06 Bulls territory Consolidation after breakout Taking support at 20 SMA Highest delievery volume since 8th Sept CMP 121.80 SL: 110 Target: 135 Note: company is not doing good fundamentally. NSE:BHARATWIRE

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NSE:MARATHON Bullish for Short-Medium term CMP= 217 RSi =76 (hence may show some correction) Round Bottom pattern under build up on Weekly chart TGT 1=252 but may go to 300 and above level in the upcoming month Stop loss can be near 170 level Huge delivery volumes are forming on on Bullish candle Fundamentally:- Not so good ROCE and Debt/equity. Good...

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NSE:JYOTHYLAB JYOTHY LAB breakout above Aug-2021 level. Retesting after breakout is happening. RSI above 60(62.5) MACD bullish crossover Volume rising on Bullish candle and lesser volume in consolidation. cup and handle pattern complete TGT 1- 175 TGT 2- 183 Stop Loss :- 162

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Buy Kilpest India: CMP=467 Target 1=528 Target2 =570 Technical Parameter: Stock given breakout on 3rd January made a rally and now retracing. Taking support of Trendline and 55 SMA. RSI taking support of 50 (again bullish sign) CMP=467 , 50SMA =464 200SMA=454 Fundamental: Company is on crop protect business (Bullish sector) ROE 98% (3 year avg) 85%(5 year...