jatin_agarwal

jatin_agarwal

Paytm announces a buyback but the share is struggling to keep up. It has barely crossed its resistance and has formed a doji which shows indecisiveness. Best to avoid this stock.

jatin_agarwal

Bharat Forge looks like a strong chart in this market. Keep a stop loss at 825 and go long. Bharat Forge is an auto ancillary company and the company has three major products namely, Steel Forgings (97% of the revenues), Finished Machine Crankshafts and Front Axles Assembly and Components.

jatin_agarwal

LTTS looks like a very strong stock right now. It has ended its correction in a matter of 2 days. If it holds the current levels, one can go long with a SL at 4200 and Target at 5140.

jatin_agarwal

HCG has broken out of a very frustrating resistance. Keep a tight stop loss at 300 and go long in this one. Hospitals are also currently the flavor of the market so ride the momentum.

jatin_agarwal

This stock looks exciting. Keep a stop loss at 215 and go long in this trade. Solid company but in recent times it has given many false breakouts. Be a bit careful.

jatin_agarwal

Kirloskar pneumatic continues to surprise on the upside with strong momentum. Buy with a stop loss 550 for longer term. Short term Stop loss is also marked but is not recommended. Beautiful Setup.

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Earnings NEWS: State Bank of India reports the highest ever quarterly Net Profit of Rs 13,265 Cr (a growth of 74% YoY). Loans: 20% YoY growth, 4.6% QoQ growth! Analysis: With Earnings backing the stock (beat on all estimates), I expect the stock to continue the momentum as the strongest PSU bank. Keep a stop loss at 570 and go long for the longer term.

jatin_agarwal

Cummins broke from its range and is likely to do well. Trail Stop Loss accordingly in this one. Cummins India is a dominant player in generators and power generation. It is also working closely with the Indian Railways for the electrification of engines and is also building data centers for other companies.

jatin_agarwal

Godfrey Phillips has given a textbook VCP breakout. Volume reducing and price contracting higher. Big Breakout on Monthly Charts. Long term position, trail Stop Loss accordingly.

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CMS Info Systems Limited is India's largest cash management company in terms of the number of ATM points and retail pick-up points. The company is engaged in installing, maintaining, and managing assets and technology solutions on an end-to-end outsourced basis for banks, financial institutions, organized retail and e-commerce companies in India. The business...

jatin_agarwal

Delhivery has been hammered by the market after the management guided for a muted quarter. Delhivery is a classical case of Growth stock without growth. Market has absolutely destroyed this stock now.

jatin_agarwal

Axis Bank looks very strong. Picking a big position in this one for longer term. Stop Loss is marked on weekly. Buy for long term (2-3 years).

jatin_agarwal

ZFCV has retested its breakout and this can be a great accumulation zone for this stock. this stock is a good fundamentally strong counter which recently came out of a monthly correction. Accumulate at current levels. Can go 3x-5x in the next 3-4 years.

jatin_agarwal

Campus Active has been continuously going up and looks like a very strong candidate to outperform the market in a very short period of time. Stop loss at 600

jatin_agarwal

Wendt has broken out of its range and being a Murugappa group company, fundamentals are solid in this one. Target will be the recent all time high and stop loss is marked on the chart. Time frame 2-3 weeks.

jatin_agarwal

Bharti Airtel looks very strong on the charts. Keep a stop loss at 750 and I am expecting the price to double in a year or so.

jatin_agarwal

Kotak is also trading at its support level which can be a good swing trading opportunity in this stock. However, any breakdown further can lead to lower levels (which are also marked). Hence, trade with caution.

jatin_agarwal

One can look to add thermax at current levels as it tries to respect its trendline. I still believe that we (Indian Stock Market) will continue to outperform the US markets. Good zone to accumulate/buy. But if the current levels break, then exit; do not take unnecessary risk.