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.
3M India looks bullish to test 30,000 again. Chart is self explanatory with stop losses marked.