akashbothra

akashbothra

DB Corp came down from the highs of 440 to the levels of 155 in last 2.5 years and now showing recovery signs. It is available at a PE of 12.8 and PEG of less than 1. PB of 1.9 is on slightly higher side. Buy this share for a target of 235, 280 and above with a stop at 160. Do your own research before investing.

akashbothra

After a long downtrend Gujarat Alkalies is showing signs of recovery. Fundamentally it is available at a TTM PE of 5.6 with PEG ratio below 1 and PB ratio of 1.1. Buy at current price for a target of 650, 750 and above with a long term stop at 465. Do your own research before investing.

akashbothra

Buy Aegis Logistics for a target of 250, 300 and above, long term stop at 169. Do your own research before investing.

akashbothra

Buy BEL for a target of 125 and above.

akashbothra

Buy Birla Corporation at current price for a target of Rs.700 and above

akashbothra

As expected, Nifty came down from the top of 11856 (which was above 29 PE - very very high) and is now at a support level. If anybody wants to buy Niftybees (Reliance ETF Nifty BeES) for long term investment then they can buy with 20%-25% of their capital now.

akashbothra

Short term support for nifty, which was situated at 11550 broken. Next support comes around 11315-11345.

akashbothra Updated 

Support taken at previous resistance and is at the trendline channel low. Buy with a stop at Rs.1340 for a target of Rs. 1415-1425

akashbothra

Buy at current price with a stop at Rs.1440 for a target of Rs.1640 and above

akashbothra

Nifty finding good support at the trendline. It can go up to 11950 before facing major resistance and major support comes at 11550-11570 area.

akashbothra Updated 

Weekly Supertrend in the green = Long Term Trend Up Daily William%R bouncing from oversold zone = Short Term Pullback Over Stock taking support at Trendline and near 50% Fibonacci Level = Demand Zone Bullish Engulfing Candlestick Pattern = Strong reversal sign Buy with a stop at Rs.189.50 for a target of Rs.213 and above

akashbothra

Weekly Supertrend in the Green = Bullish Daily William%R bouncing from oversold levels = Pullback done Bouncing back from near 50% fibonacci levels = Bullish Support taken at an old support and resistance area = Demand zone More than 7 times the average volume = Bullish Buy with a stop loss at Rs.59.50 for a target of Rs.70 and above

akashbothra

Weekly Supertrend in the green = bullish Daily William%R coming back from oversold range = bullish Stock bouncing back from 50% retracement level = bullish ADX above 30 = momentum Buy with a stop at 541 for the target of 640 and above

akashbothra

Weekly Supertrend in the green = bullish Daily William%R coming back from oversold range = bullish Stock bouncing back from near 50% retracement level = bullish ADX above 30 = momentum Buy with a stop at 569 for the target of 700 and above

akashbothra

Weekly Supertrend in the green = bullish Daily William%R coming back from oversold range = bullish Stock bouncing back from near 50% retracement level = bullish Support taken just below the previous resistance level of 215 = bullish Buy with a stop at 209 for the target of 240 and above

akashbothra

Weekly Supertrend indicator in the green = Bullish Daily William%R Turning up from oversold range = Bullish Stock bouncing from near 50% retracement of previous trend = Bullish Buy with a stop at 148 for the targets of 169 and 180

akashbothra

Nifty broke it's short term trendline two times in three days. It looks like Nifty is heading towards the support range of 11,230 to 11,250.

akashbothra

Nifty is back in the previous channel and is standing at a trendline support. If nifty closes below 11570 then it may come down to the levels of 11250. Is this a long term top? only time will tell