LTTS looks like a very strong chart on technical basis. It is also a fundamentally strong company. I have covered it extensively on my YouTube channel in a Stock Analysis video. It is also one of my largest holdings. I remain bullish and a deeper stop loss of Rs.4900 can be followed for short term trades. Gains of 10-20% should be on the horizon in the coming...
Next Leg of growth in Mayur Uniquoters should come as the stock breaks its 2018 high to claim a new all time high. Stop Loss is marked. Hold for 2-3 years for 100% + returns
Meta (Facebook) has respected its support of $300 and this can be a good buying zone for targets of previous all time high in the year to come.
The rally in Vodafone Idea looks like a sustainable for the first time in months. It has made a higher bottom and is moving upwards. Targets are marked and this stock has already been discussed in a chart analysis special on my YouTube channel.
Bank nifty should find support at current levels, with 34,500 acting as a major support.
With Friday's correction, it seems a bit obvious that the markets are not going to get ultra bullish in the near term. Hence, I feel the markets are likely to become range bound.
Sequent Scientific is in Animal Pharma API business, it is a very strong player in a relatively small industry. The stock is currently at its 61.8% retracement level. The stock should take support here, however, expect a time wise correction now in this counter. I remain Neutral but this can be a good accumulation zone if the levels are held.
I am sharing my trendlines in this chart so that you can take informed decision accordingly. The company is fundamentally solid, however, I feel a sharp rise in stock price has lead to a sharper correction in this counter. The whole chemical pack is under pressure currently. Be careful as this is the last strong support line for this counter.
I am sharing my trendlines in this chart so that you can take informed decision accordingly. The company is fundamentally sound, however, I feel a sharp rise in stock price has lead to a sharper correction in this counter. The whole chemical pack is under pressure currently.
Another chemical company that has taken a beating recently after the margin squeeze in the industry. I would not rule out a further correction in this one towards the 38.2% retracement level.
I am sharing my trendlines in this chart so that you can take informed decision accordingly. Alkyl is one of the 2 main listed amines company in India. The company is fundamentally very sound, however, I feel a sharp rise in stock price has lead to a sharper correction in this counter. The whole chemical pack is under pressure currently.
I am sharing my trendlines in this chart so that you can take informed decision accordingly. Balaji is one of the 2 main listed amines company in India. The company is fundamentally very sound, however, I feel a sharp rise in stock price has lead to a sharper correction in this counter. The whole chemical pack is under pressure currently.
HLE Glasscoat showed great strength to rebound from support levels. The support level will act as a Stop Loss and one can look to enter this counter on re-testing of the support line, which looks likely after the doji formation today. So stay neutral with a bullish bias. Follow the stop loss religiously as the markets are looking a bit weak currently.
Nazara has broken the support level and one should be careful now.
The stock is very close to its support levels. I believe it can be a good place to add on to this.
Xelpmoc has to be held and one needs to sit on it like a golden egg that is ready to hatch and give you a golden hen which can in turn give more golden eggs. It is a buy on every dip or on every new acquisition. THIS CAN BE YOUR MULTIBAGGER
Nazara looks in a good accumulation zone right now. Keep on your radar.
L&T looks very bullish from these levels. Stop loss is marked on the chart. Hold for medium to long term.