captvivekjain

captvivekjain

Scrip at Rs 1287, a largecap auto company, market leader in SUVs and tractors, very low debt in its books of account, has now reared its head up with good volume breakout last few weeks. It has consolidated above 20W EMA, after taking support at 200W EMA, all other EMAs are about to converge which in itself is a strong bullish signal. Fundamentally, with fairly...

captvivekjain

Scrip at Rs 466 has fully bottomed out and has given a volume and price breakout from the top resistance line for last 2 weeks. With the 3 wheeler auto industry now improving, fundamentally this debt free company is poised to rise substantially. Buy with a stoploss of Rs 447 ~ 433.

captvivekjain

This scrip at Rs 1461 has crossed 20D EMA on daily charts with good volumes for past few days and is poised to cross Rs 1480 on 20W EMA after which it can leap ahead. Scrip has bottomed out, issues with USFDA resolved, acquisition made earlier bearing fruits from oncoming quarters, debt then reducing, and its sound aggressive management holding substantial stake,...

captvivekjain

Scrip is at Rs 691 having risen handsomely with good volumes after a full fledged correction and hibernating for quite some time. With USFDA behind it and a good number of ANDAs in the offing and due for sanction from USFDA in the coming year, it is sure to catapult to much newer heights. Resistance being at Rs 725 ~ 750, a breather and then a sustained rise to Rs...

captvivekjain

Scrip is at Rs 178, after becoming ex-Bonus (2:5) today. Profit booking will accrue and it will undergo suitable and adequate correction till around Rs 150~160 or so. At the lower level, once it stabilises, re-enter and keep in your portfolio for another sustained rise. Fundamentally it is a debt free company with good rising turnover and profits. We shall discuss...

captvivekjain

Scrip is at 525 and is due for a short correction till 490~510 or so. One can take advantage by entering or re-entering at a lower price level after which it may resume its upward journey. SELL with a stoploss of Rs 535.

captvivekjain

Scrip at Rs. 186 today is heading for daily volume break-out of 24 lakhs shares, crossing all MAs with a green candle, fully corrected, and should race upwards to Rs 230, take a breather and continue to rise. Buy with a stoploss of Rs 180, book partial profits till journey of Rs 230 and then hold on, keeping remaining in your portfolio freeing your costs.

captvivekjain

Volume and price break-out (Rs. 285) are considered extremely bullish. It is an ascending triangle with top flat resistance at Rs 285. Daily volume break-out is positive. Scrip promises to gallop ahead in coming weeks. Buy, hold and keep till 360 at least.

captvivekjain

L&T at Rs 1493 is a splendid large-cap well underpriced. Scrip has bottomed out and crossed all EMAs and resting with consolidation on 20D EMA. All other EMAs have crossed favourably and are in order. Volumes are good and indicative of a bullish rise soon. Company's order book position and profit margins have improved. It is one of the very few infra-structure...

captvivekjain

Tata Steel at Rs 467 has formed a flag pattern on the daily chart. It is resting on 50d EMA. With the imminent turnaround in the steel industry coupled up with the Corus unit now coming into the blue zone, the debt will be cleared in the coming years enlightening the bottomline speedily. Company in its gray days too, never defaulted on dividends, speaks about...

captvivekjain

Scrip has consolidated at 565 after a good correction and is presently resting on 20W EMA. It has to rise and give profits now. Fundamentally, it is a sound company with hardly any NPA. With its huge network all over the country, it shall gather enough patronage from the loyal customers for a decent housing loan at affordable interest rates. Buy and hold with a...

captvivekjain

Scrip is at Rs 375 going strong, Elliott Wave 3 in progress which should take it upto 420 or so before correcting in Wave 4. Volumes are good and going above average consistently. Fundamentally company is doing well. It is the only Insurance scrip available and it is just next to LICI in sale volumes, growth and goodwill. Warren Buffet has stated that profits from...

captvivekjain

The scrip is at Rs 774 with a price and volume break-out today. It is resting on 20D EMA and with NIFTY's assistance in coming weeks, may gallop to close the huge fall experienced earlier from Rs 1100 levels mainly due to US FDA inspection and recommendations. The company has completed the recommendations satisfactorily and is waiting for market fancy. Technically...

captvivekjain

Suven life sciences at Rs 170, promises to defy gravity as it has reached the bottom. Scrip has fully bottomed out, resting on 200 Week MA. It is also in a declining triangle, with a firm flat support between 148 ~ 163. It needs a volume breakout, although pricewise it has reared its head up at Rs 170 now. Catch in an infant stage is what it is presently appearing...

captvivekjain

In Dye & Pigments segment, scrip is doing well fundamentally. Reduced debt, higher turnover, good margins, reasonable book value, back in dividends, liquid volumes, it promises to go above 165 in few months timeframe. Technically, it seems corrected, given a price and volume breakout on 06-03-2017, poised above MAs, enticing to enter and hold with patience. Keep...

captvivekjain

Scrip has fully bottomed out. It is now above the MAs, poised for rise to much higher levels. Book Value is Rs 114+, stock is Rs. 568, EPS is Rs 17, PE=33, rising dividends over he years, very low debt, rising margins. With the onset of rise in construction activities, demonetisation behind us, the momentum of all parameters of this scrip seems...

captvivekjain

Cummins India has fully bottomed out. It is above Moving Averages and all its MAs are converging. It is a bullish sign and signals a good upcoming rise in the scrip. Fundamentally, it is a debt free sound company with good acceptable engineering and generator products. At 883 it is a steal to enter and within a year expect to achieve 1100 + or so.

captvivekjain

This scrip has bottomed out at 680 just resting on its 20EMA close. with low volumes. As the construction industry is reviving, the scrip which has a monopoly over all its products, will have incremental sales, sustainability of margins and improved profitability. I should imagine a price of 800 or so in a month's time.