Scrip which has shown strong bull momentum from 60 with regressive green candlesticks pushing the price to greater heights Might touch support levels again owing to %william in oversold stage (above -20) and then, rebound to break the resistance level - 124 Will be buying on dips towards support levels :) Macro-economic factors could be favorable for aviation...
The scrip has taken sharp correction with sharp sell-off created a MACD bearish crossover with RSI (oversold) from support level Bulls could be able to take the ride for now after consolidation Company with strong fundamentals and also (Price to book value: 1.06) TP = 206,210,223 (nearing to 52 week high) Call - 20-40 days
From crucial support level - 80, Regular uptrend noticed after declaration of good YoY Q4 results - 17 and quick monsoon announcement also supporting the trend TP = Resistance 1, 116 and the scrip can break the crucial resistance level owing to strong fundamentals Might notice consolidation for few days due to profit booking by short traders
TP = 164, 175 SL = 141 If Nifty also supports. RSI is also in upswing. Can see earlier trend to reach resistance 2
Reached crucial support level. If Niftypharma supports the bullish trend TP = Resistance 1, 2 Resistance 1 could be seen in few more sessions. Call - 13-30 days. Fundamental strong although be wary of the Price to book value: 8.71 (risk volatility) Virtually debt free company
Downtrend in similar flow with stock rise to 8-12% and then following bearish trend. Bullish trend is required in great flow to rise the price or book profits in short reversal Has taken reversal from crucial support - 360
Scrip had reached crucial support level for not having so good Mar-(YoY) results 2017 although, OPM% managed to remain above inflation rate :) Bullish reversal appears on the card for now TP = Resistance 1, 2 around consolidation as seen earlier Crossing could touch (52 week high) 75.35
Tp towards resistance level = 216 if similar trend continues with shown date range recently Keeping short or if trend supports, can form new resistance further above 52-week high
If reversal then TP = 98, 105 SL = 87 (Ignore the narration for TP mentioned in chart) Audited result due on 25th May
Could see reverse bullish trend as RSI has reached oversold and the scrip is near to crucial support level - 31-34 If NIFTY supports, TP=41, 49..
Scrip can break the current resistance level and set new levels YOY : Company's net profit stood for the quarter stood at Rs 476 crore against a loss of Rs 141 crore in the fourth quarter last year Board has recommended a Dividend of Rs. 1.56 per share (156%) for FY 2016-17 which might pull more buyers auto.economictimes.indiatimes.com
Can call next level in month or so, to TP = 30,35 Didnt fall down much post results RSI also near neutral stage Price to book value: 1.15 (Safe) Price to Sales: 0.81 Sl = 19
Triple bottom around same support level, approx. similar time duration Could be time for uptrend around 411 support TP = 450,450
Stock struck around pivot line. Can either go bullish if breaking the pivot line towards TP=130,135 RSI around 70 which signifies bearish touch as buyers might be closing their position Going down, Could buy around Support1, Support 2
A company which has good fundamentals.. The bearish trend could be reversedor stoploss at 650
Struck around pivot line, show similar consistency during mar and apr, 17. If it breaks resistance/pivot level and show bullish trend From current levels, New resistance TP=74, 80 SL could be 55
If it goes beyond pivot line and crosses 133 TP = 140, 145 (forming triangle) SL near double bottom support - 106 Do check for fundamentals --> www.screener.in Primarily, Cash flow generation
Has started to show trend reversal near pivot line TP = 185,190 SL =150