Moil Ltd. is involved in the business activities of Mining of non-ferrous metal ores. The Stock broke out a multi year breakout with good volumes and Ascending Triangle Pattern on charts. The Stock is technically trading at 13% above its 50 DMA. RSI is at good levels of 66. The Company is fundamentally strong. The Company is debt free and has potential to post...
Avenue Supermarts (Dmart) is involved in the business activities of Retail trade, except of motor vehicles and motorcycles. The Stock has formed an inverse Head & Shoulder on Charts and is ready to breakout. The Stock is technically placed below 50 DMA and around 100 DMA. The Company is fundamentally very sound. The company is debt free and has a strong balance...
Eris Lifesciences is involved in the business activities of Manufacture of pharmaceuticals, medicinal chemical and botanical products. The Stock Broke out of a multi year breakout with good volume. RSI is at perfect levels. The stock is bouncing after taking support at 50 & 100 DMA both at the same place. The Company is performing good continuously. An annual...
Sun Pharma is involved in the business activities of Manufacture of pharmaceuticals, medicinal chemical and botanical products. Pharma Stocks are expected to good in the coming months. However, do wait for resistance breakout. Strong Resistance Zone - 670 Levels
Kansai Nerolac Paint is involved in the business activities of Manufacture of paints and varnishes, enamels or lacquers. The Stock is ready to breakout above 600 levels. The Company has reported good numbers in Q3 of FY 21. Q4 Results are peding.
Lupin Ltd. is involved in the business activities of Manufacture of pharmaceuticals, medicinal chemical and botanical products. The Stock broke out its multi Year Resistance with Cup and Handle Formation on charts. RSI perfect levels of 62. Fundamentally the Company is performing good and is also expected to better in coming time. Mutual Funds have increased...
Sundaram Fasten. is involved in the business activities of Manufacture of parts and accessories for motor vehicles. The Stock broke out a multi year resistance and retraced back to retest the levels. Retesting is complete and the stock is ready for new levels. The Company has performed well in Q2 & Q3 of FY 21. The sales in Q3 increased by 36% YoY. EPS of the...
Prakash Pipes belongs to the Industry of Plastics - Pipes & Fittings. The Stock broke a resistance and corrected back to retest it. The same has been complete and the stock is ready to bounce. The Company is debt free. The Company has posted increase in sales in Q2 & Q3 of FY 21 by 25% & 37% respectively. EPS has also gone up by 36% & 24% respectively. Final...
JK Lakshmi Cement L is involved in the business activities of Manufacture of cement, lime and plaster. The Stock Broke out of a multi Year Resistance with good volumes. The Stock corrected thereafter and retested it. The Stock is ready to bounce. Fundamentally the stock very good. has posted some robust numbers in the past quarters. EPS of the company is growing...
Indo Count Industries is involved in the business activities of Manufacture of bedding, quilts pillows, sleeping bags etc.. The Stock broke out of a multi year resistance, completed its retesting and is ready to for targets. The RSI is perfectly placed at 65 levels indicating a good time to enter into the stock. The Company has posted excellent results in Q2 &...
S H Kelkar & Company is involved in the business activities of Manufacture of essential oils; modification by chemical processes of oils and fats (e.g. by oxidation, polymerization etc.). The Stock Broke a major resistance with a good volume with Inverse Head & Shoulder Formation and Rounding Bottom Formation on charts. RSI is perfectly placed at 67 levels that...
Bhagiradha Chemi is involved in the business activities of Manufacture of insecticides, rodenticides, fungicides, herbicides. The Stock broke out a multi year resistance just a few minutes ago. Don't Miss and add for targets of 650-700 with SL of 475.
Advanced Enzyme Tech is involved in the business activities of Manufacture of medicinal substances used in the manufacture of pharmaceuticals: antibiotics, endocrine products, basic vitamins; opium derivatives; sulpha drugs; serums and plasmas; salicylic acid, its salts and esters; glycosides and vegetable alkaloids; chemically pure sugar etc. The stock is...
Fineotex Chemical Lt is involved in the business activities of Manufacture of chemical products or preparations of a kind used in the textiles, paper, leather and like industries. The stock has broken a multi year resistance with great volume. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business...
Orient Refractories is involved in the business activities of Manufacture of millstones, sharpening or polishing stones and natural or artificial abrasive products, including abrasive powder or grain on a base of textile material, paper, paper board or other material. The Stock has broken out of a multi year resistance with great volume. Company's sales are also...
Orient Electric is involved in the business activities of Manufacture of domestic appliances. Orient Electric is currently trading at its support levels. 4th Quarterly Result is going to be crucial for the stock to decide which side to move. Fresh Position recommended only above 281 levels. Existing Position holder can hold their position with SL at 259. Do...
Maithan Alloys Ltd. is involved in the business activities of Manufacture of ferro-alloys. Multiyear Breakout Visible on charts with huge Volume. The stock has retested its breakout and bouncing again with good volumes. Accumulate with SL at 725 for Targets of 900-1000 respectively
Nifty has been continuously moving in uptrend without any consolidation from April 2020. For Last two months, Nifty is moving in channel as is visible from charts. Nifty attempted a breakout of the channel, however failed to sustain above 15000 levels. Therefore, it probably seems that we may see 14300-14000 levels once again.