donabcd

donabcd Updated 

LIC Housing finance ready for a multi year break out on monthly time frame. Trend analysis using Fibonacci. PSU stocks have rallied and this one seem to be catching up. Very cheap at 7x p/e compared to other housing finance names

donabcd Updated 

Capcite infra seems poised for a multi year breakout, tailwinds from the real estate industry with Prestige/Brigade/Sobha and others making all time highs. Break out today on daily chart after almost 20 days of consolidation

donabcd

Indus tower has been facing a stiff resistance in the 200-210 zone and is trying to breakout from those levels after a long consolidation. Also looking good on fib trend extension. Idea has rallied strongly recently and this provides another tailwind to the stock. Volumes are good.

donabcd

ABFRL has been consolidating in a very tight range and has faced resistance at 240 levels. If this is taken out decisively next levels are very attractive. Stock has under performed vs other retail players and a catch up is possible.

donabcd Updated 

ZEE has made HH HL pattern last 3 weeks, have tried multiple times to breakout above the fibonacci levels but faced resistance at seller vwap from Aug highs. Need to see if it can manage a breakout this time.

donabcd

SCI is a cheap psu stock trading at 8x p/e and has not participated in the latest psu run. That said, it has failed to close above the 162 levels (0.5 fibonacci) for the 3rd time on daily charts. In the previous 2 instances the next move was a decent sell off. New longs only on 2 days closing above 162 levels.