jeet20

jeet20

Asian Pains is at support of trendline near 2800 on a monthly time frame and having resistance at around 3400. RSI is around 45. Bullish divergence is formed on chart. Fundamentals of company: ROCE - 34.37 ROE - 27.74 PE / Industry PE - 51.32 / 46.21 Company is fundamentally strong and can accumulate for long term. Disclaimer : This is for education purpose...

jeet20

Alembic LTD has given a double bottom neck line breakout with good volume. It has also given close above 200 Days SMA on weekly chart. RSI is above 70 showing the strength. CMP - 82.95 SL - 75 ( approx 10%) Target - 100 ( approx 20%) Disclaimer : This is for educational purpose only. Take advise from your financial advisor.

jeet20 Updated 

Hindustan Unilever has given a breakout with increased volume after a long period. RSI is also above 60 showing strength. Can add this for short term gain as nifty is trading at all time high with a strict SL. CMP - 2755 Target 1 - 2890 Target 2 - 3030 SL - 2700 (2%) Disclaimer : This is for educational purpose only. Take advice from your financial advisor...