rdkriplani

rdkriplani

With Crude holding up..OMC's are loosing Rs5-7 per liter of fuel retailed. The last time this happened these co's reported losses. short BPCL below 242.90 with a SL above 253. The stock could fall to 306.

rdkriplani

With capacities soon to come online expect a wedge breakout. Long above 107.50 with SL below 100. They have undergone massive capex relative to their marketcap which would make the company more efficient.

rdkriplani

With diesel prices shooting up along with crude prices GOI could increase procurement of bio-diesel. One of the 2 companies which will greatly benefit from the same is Kotyark. Long above 697 (which is already has tried multiple times to break out off in a weak market but with no success) Keeping a deeper SL coz the markets are weak at the moment.

rdkriplani

If our markets must continue to be bullish RIL has to stay above the 200EMA. Bulls will surely try their hardest to defend the 200EMA.. Long on any bounce between 2340/2350 with a 2% SL. (Buy buying the bounce not the first time the stock touches that level)..

rdkriplani

With Diesel Cracks increasing back into bull market expect Chennai Petro to be a big beneficiary. The only problem is if govt increases windfall taxes on export ofdiesel. IF this trend continues the company will make a lot of money going ahead. Long at Current prices with SL below 471.

rdkriplani

With crude prices popping further and stock markets correcting this co could provide the opportunity. Long around 155/153 with a 5% SL or 146 with a 5% SL...depending on where the stock reverses. There could be an RSI positive divergence which is a good thing. Look for a reversal to first come in this sector... (While focusing on stocks which don't attract...

rdkriplani

A stock which is showing strength becuase its cheap but also a movie it produced with Rajnikanth did exceedingly well. Also as we tend to enter election cycles...Newspaper/Media stocks tend to gain extra revenues. Long above 622 with a SL below 600. (Wedge breakout)

rdkriplani

A stock i've traded multiple times with good success. Because of this market pullback its giving another opportunity before its next bullish move. Ideally i'd like to buy it around 215 and then again above 226 in 2 trenches with a SL below 205 and then 220. The bounce around 215 would mean a pivot towards the 10EMA and then a wedge breakout above 226.. (The...

rdkriplani

An interesting co which went up and now pivoted...could be due its next move up.. Long above 996 with a SL below 960. I'd allocate 50% and then double it up above 1120. (At this point keep SL at cost which would be close to 1060)

rdkriplani

One of the few companies which has been consciously staying below the tax bracket for windfall taxes on crude... Long above 176 with a SL below 170. Post the last result the stock fell...so better to wait for the stock to cross back above the 200EMA before taking a position.

rdkriplani

One of those stocks which hasn't moved a lot yet in the chemical pack.. Long above 1050 with a stoploss below 990 for conservative traders and 1040 for aggressive traders. Under the right environment this stock could give a great risk to return.

rdkriplani

With us entering an election cycle and crude prices rising..the govt won't increase prices of Petrol/Diesel which would spark inflation. IF prices are held constant..OMC's will start making a loss. (Esp if the govt doesn't reduce taxes on fuels) Short below 350 with a SL above 355. There will be a trendline breakdown but also the stock will fail to move above...

rdkriplani

The winners of the Reliance Naval sweepstake.. They failed to make the payment on time and asked for an extension. That extension expires on 6th Sept. If they are going to take over they immediately get world class shipbuilding experience + infrastructure. If they fail the stock could collapse again and maybe ADAG then gets to bid to keep its asset.. (Its...

rdkriplani

Above 2200 there will be a triangle breakout.. Long above 2265 with Stoplsos below 2000. (200EMA)..

rdkriplani

A company was chosen to buy Reliance Naval but asked for extensions. They recd a deadline which ends 6th Sept 2023. If they can take over the asset and grow it they might have a super upside coz its been told that Reliance Naval is an excellent asset. Despite the massive upside already in the past month post a super result the stock could see a massive...

rdkriplani

With Mr. Ambani reaffirming his commitment towards 100GW Renewable Energy by 2030...This stock could see new tailwinds. If they can get a a large chunk of the orders..there is no looking back for the co from now until 2030... While most people buy small assets to increase depreciation..Mr. Ambani decides to build India's largest electric network which will turn...

rdkriplani

A stock which gave a fantastic result and with several CEO's talking about the potential of Bihar and its improving spending power..this co could do wonders going ahead.. With Diwali coming + cricket world cup..you could see an improvement in sales for the co.. Long above 2375 for a wedge breakout with SL below 2230.

rdkriplani

A stock with all kinds of tailwinds might break the box upwards. Long above 61.20 with a SL below 58.