Repco home finance Ltd is a 3000 cr company with a PE 0f 8 as compared to industry PE of 18.5. Price is at 510 which is at its support and it is trading above 200 day moving average. Long term downtrend has been broken . Till 460 it can be added. It has the potential to move 70%. weekly RSi is above 60 which shows stock is in Momentum. Target 1: 620 Target 2:...
It is showing support level of nifty for coming week. This is for educational purpose.
Alkyl amine is currently trading at 2535. It has broken its 3 year long downtrend. Recently formed double bottom with bullish divergence.Volume is on higher side. If it manage to close above 2810 then W pattern will be confirmed. Then it can head for 3220/3450/3840/4300 target. This is for educational purpose. Not a Buy/sell recommendation
Nifty is currently trading (22032) in 5 of III wave. Soon it will be followed by corrective wave IV. On down side it have a 2 support zone from where it can reverse(21470 & 20950), which can mark the End of IV wave and starting of V wave. As Nifty is rising continuously there is divergence in RSI. This is my 2 Cents. It is for Educational purpose only. Not...