Target of at least 900. Probable formation of a W pattern. If it breaks 750 levels it will hit 900. The stock has previously taken support in the current levels. Good opportunity to buy this dip. And above all of this, this stock is fundamentally undervalued. The most and probably only undervalued stock in Indian Pharma.
Tata motors is showing a good flag pattern and I'm long on the share. I've been holding it since October with enough profits already. And I'm still very optimistic on the share. However, for people wanting to enter now I would say they should not rush. Wait for a clear break out of the highest line shown on my chart. This is where the price is on right now. But as...
A very strong and well tested uptrend. Testing at that line again. Good opportunity to buy. Fundamentally good, high ROCE and profit growth. Quarterly earnings have shown good recovery in sales. The company is making its highest ever profits and most expectedly will post higher profits than last year this fiscal as well. I don't see any reason why this stock...
CDSL shows a good uptrend. Recent resistance cross and consolidation with good volume accumulation. This will go up like anything. Keeping a target of 1650 with a stop loss below the resistance line as shown on the chart is a fair enough trade. Like if you agree with the idea. Comment your thoughts.
Asian Paints has corrected a lot and returned to its long term uptrend line and taking support here with good volume accumulation. The reason for this nasty correction in the stock has mainly been a decline in bottom line margins in the quarterly results. We must understand if that is a worry from the fundamental perspective. It has been announced by the company...
ROSSARI BIOTECH looks good on the charts. About to hit a long term trend which has been a very strong suuport for the stock earlier. Fundamentally, the stock is pretty good and is making it's highest ever profits. With an ROCE=28% AND ROE=23%, it certainly is one of the best among it's peers. Good growth as well. I don't see any reason why it should not regain...
AUROPHARMA has earlier proved to have a great support at this level. This was broken and it went doen till 650. In the last week this stock has gained 100 a piece. It crossed the earlier support with good momentum. This might be a good time to go long and buy. To be safe it would be ggod to stop loss if it goes below the line. A stop loss below 725 would be good....
BHARTI AIRTEL has previously tested a very strong support on the 520 line. Buy at that support and enjoy a rise keeping a target of at least 550. Keep a stop below 495.