One of the few defence players which isn't valued crazy.. They had an order book of 1900cr already and just added a nice large order from Lockheed of Rs450cr to be executed over the next 12 months. There has been a large uptick of orders recently. Long above current prices with Stoploss below 330. The stock could breakout above 354.
With fresh capacities coming online + decent results and guidance + not so crazy valuations. The company could do well going ahead. Long at current price with a 10% stploss..so only 5% allocation for now in the stock coz the Stoploss is deep.
Amazing sale numbers for Oct just declared by the company. The stock will have a downward sloping breakout and can go long above 633. Stoploss for the trade will be below 599.
Good numbers by the company and expansion to 2x capacity complete. Just awaiting US FDA approval now. The company has a good growth trajectory going ahead...modestly valued at 30 PE when you compare it to other pharma names most of which are trading at over 50PE.. There could be some rerating here too.. If it pulls back to 570 I think its a buy with Stoploss...
A stock that's a potential turnaround company. A sum of parts values the company at around 33,000cr. They are sitting on approx 7000cr of liquid investments. If the stock falls to 88 it'd be the perfect breakout retest but it'd be available then for approx 8500cr (Which is insanely cheap if you consider the 7000cr liquid investments). The insurance business...
With the commodity boom several smaller stocks could move up too. Maan Al tends to move when aluminium stocks move.. Long above 142.50 with a Stoploss below 130 (200EMA). If it does take off then cost can be shifted to stoploss.
With Zinc prices making a new 52 week high the underlying stock could move up as well..its been consolidating around its 200EMA and could now breakout. Long above 521 with a stploss below 491... First target 536 and then 576. Once the AVWAP gets taken out at 576..it could catch some good momentum.
With Kfin becoming one of the key names with all IPO's esp biggies like Bajaj..expect their profile to only increase going ahead. There could be a wedge breakout going ahead. Long above 1055 with Stoploss below 980.
Along above 179.25 for short term momentum with a Stoploss below 174. The interest rate cuts will reduce the borrowing costs for NBFC's and they usually don't pass on the entire savings to their customers. Could be bullish for the entire sector in general.
With chatter about a fuel price cut.. HPCL could have a short term breakdown.. Short below 406.50 with a Stoploss above 420. If the breakdown happens the stock could gravitate towards 392 which is the 50EMA.
After a long consolidation SW Solar seems to be breaking out again.. Long above 760 (Todays high) with Stoploss below 700. Potential triangle breakout here.. The stock has good tailwinds and a good sized Orderbook in place.
With most approvals already in place..NCLT approval (Hearing tomorrow) should be a formality. The stock is trading at a 23% discount to its operative company...that gap could reduce further.. Long at current price. Really can't see the need for a Stoploss but still SL below 12000.
With Soda Ash prices falling 14% in China..it could have a spillover effect into India as well. Tata Chem is one of the market leader in Soda Ash. Short below 1060 with Stoploss above 1080 for targets of 1020 and below. A break below the 200EMA and if markets are weak it could lead to a proper fall.
With Iron Ore prices correcting.. Short below 211 with a stoploss above 221. There could be a breakdown.. Iron ore prices have fallen from $98 -> $93.
With the monsoons being positive and Agro theme doing well.. This co won't produce the best results but because of strong sentiment seems to be ready for a good short term trade. long above 695 with a Stoploss below 650.
With Balu Forge going nearly vertical and Aluminium casting being a higher requirement in EV's.. Alicon could do well. The stock went sideways for the past 2.5 months and finally broke out last week. A move above 1485 could leave to another breakout and a vertical move Or a pullback to 1400 and then a bounce from there. Stoploss below 1330.
A stock that's spoken about growth a lot but hasn't performed upto expectations. There is growth around the corner and if the company can start performing..the bottom is in. Long at current price with Stoploss below 330. There has been the 200EMA breakout/ the downward trendline breakout too while also having a higher low and higher high.. The next stop...
With commodity prices starting to jump...Hind Zinc can be one of the bigger beneficiaries. Long at current price and double up around 490 (200EMA).. As long as it stays above that and we keep a Stoploss of 470..this could become a profitable trade. First target 620.