gopalpottabathni

gopalpottabathni

By looking at the charts, Next stop for NIFTY is at 17400. Time Frame ?????

gopalpottabathni Updated 

Waiting for a strong rebound. Looking at the levels of 16700 - 750.

gopalpottabathni

#GTPLHathway Currently it is in a buy zone. Buy I am looking to buy above 174 only. for a target of 240. Abover 240, the target is set at 300-330

gopalpottabathni

#ITC is moving within the channel for a long period. From a high of 350-360, it has come drastically due to inflation, war and other factors. Right now it is quoting at 268. For further upmove, it has to cross 273 and then 282, else it will hover between 255 and 265 for a long period. Own view. Not suggesting anybody to sell or hold.

gopalpottabathni

The results were good YoY. Consistent performance through out quarter wise. I am not bearish until the box is not broken down. I am long in this stock. This is a short term correction.

gopalpottabathni Updated 

The results have not yet been published. Waiting!!!! However, the company has consistently been posting improving and increasing figures (profits and sales) for the last three quarters. If QoQ net profit is around 10 - 12 crores and the annual profit is about 28 - 30 crores, then the price will blast like anything. The company has reasonable reserves and very...

gopalpottabathni

#TVSMotor The stock is getting ready to kiss its ATH. It has given a box breakout, it needs to breakout of the triangle set up which will also complete the cup and handle formation. So many indicators in tandem give bullish indications. Once 800 is crossed, 20 - 30 per cent is the target.

gopalpottabathni

#Cressanda Solutions. Firstly, let's understand why the stock has moved from Rs.5 to Rs 50 levels since February. The company has reported positive figures and reported a quarterly profit since 2013 of Rs. 5 lakhs. YoY basis, the company may also report positive numbers. We may see a huge rally if the quarterly profit is positive and somewhere near 5 and 10...

gopalpottabathni

#HindCopper Expecting results on 28 May 2022. Expecting over 1.3 - 1.4 bn PBT. Anything less will mean bearish sentiment. Despite, good results, the stock may rise to 120-125 and then clawback. The stock has to move above 130 and sustain there for movement till 200 and above. Else, we may see 68. This is my personal view based on the chart. I am invested...

gopalpottabathni Updated 

The stock has undergone deep correction. The annual results are expected to be good as compared to the last year considering good performances in quarters. The target selection is moderately identified as the stock may move in trend to reach around 600 until the result date.

gopalpottabathni

Yes Bank. Those holding the shares, Keep on Hold, no new buys. Can average in SIP Mode until March 2023

gopalpottabathni

Please understand the chart setup. Only one hindrance, 180. Waiting to clear this price, which will pave way to 250.

gopalpottabathni Updated 

#Elecon Target, if crosses the below resistance. Results will confirm either side. However, RSI indicates RISE. So look for a target of 260.

gopalpottabathni

It has corrected from 310 to 210-20 levels. The setup is ripe for adding and holding till it reaches 350. The trendline breakout seems inevitable. we can see this target quickly. The target is moderate. The target can be aggressive once we have a confirmed move above 310.

gopalpottabathni Updated 

Good movement last week. However, closing above 428 is needed for further upmove. Nearing ATH. A stock to buy and hold for six months.

gopalpottabathni Updated 

Immediate Target is around 225 The stock has given a trendline breakout over a short term period. However, if the said target is achieved, 225, the next target could be around 310 - 330. in a period of two months. IF the target of 225 is crossed ONLY.

gopalpottabathni

Look at the price 93 and candlesticks. Consistent reversal from that point. Proves that above 93, its a blast.

gopalpottabathni Updated 

16050 is the strong resistance and is also a range for trendline breakout. Once the breakout is confirmed and sustained, we can see levels of 16410 - 16450. Today it might be possible considering the market movement and momentum after a volatile market for the past few days as the bank nifty has tried to break upwards while nifty has continuously gone down.