Where HDFC Bank & RIL goes..there the market will go.. The company hsa been super weak with absolute poor relative strength. Short below 1575 with SL above 1620. 1540 is a support and if that breaks it could be a waterfall. There is still a gap upto 1525 which still needs to be filled.
A stock thats been showing good relative strength these past couple days. Long above 194 with a SL below 180. The stock could have a nice breakout after consolidating in this zone.
There would be a wedge breakout above 190.50. Long above that price with a stoploss below 178.
One of the most discussed stocks on social media... Some love it..others hate it..but noone ignores it.. Its a franchise in transition..so will have its ups and downs.. Its building towards something big but in between there can be hiccups.. The co didn't have the best result but to everyones surprise the stock went up... Why? Noone knows.. But if you got...
Normally when markets correct, gold tends to become a safe space.. Unless there is something else where everything is correcting coz of the lack of demand.. This seems like one of those..esp if it breaks down.. Gold is also below the 200EMA...so short gold belo 1890 with a stoploss above 1910. If it does break and the bulls can't hold on..it could be steep and...
With the index on the verge of breaking out.. Expect some big moves among the infra company counters.. Watch for them over the next few weeks coz these orders will mean good business after many have already got some good orders over the past month and were sitting on good sized order books..
A beautiful VCP setup which could soon breakout with a stoploss below 820. Stocks from the similar sector like Pondy + Gravitas are already moving strongly.
One of the stocks i track but never bothered with this entire move because it made no sense to me. Volumes were down..Pellet prices were stagnant.. There is no a negative triple RSI divergence on the daily. The stock could start to correct from here.. Because its not in F&O it can't be shorted else it'd have made the perfect short below 565 with a stoploss...
The one stock in the largecap space showing super momentum based on the future. The govt is on an all our infra spree at the start of the countdown to 2024 elections. L&T has turned its focus back on India where margins have improved compared to years ago..Now infra players don't want to be the cheaper..but work in a sustainable margin as well.. Long above...
Breakout retest done.. Long at current price with stoploss below 950. If the stock breaks out..it'll go into a new high...
On the back of good numbers and the future looking bright esp in the car segment..the company got hit for buying RBL bank but i think if they buy a bank also its a good thing.. Along above 1500 with a SL below 1440. The gap could get filled soon and the stock could get to new highs.. Monday if markets are weak and m&m opens on a dip it could be a buy the dip...
A stock which has enough and more visibility for growth going ahead.. Long above 200.50 with a stoploss below 190. There is a wedge breakout. Its also a good name to hold for longer because of the dividend payout the company gives.. (Close to 7% div yield)...
A stock that has been underperforming since a long time.. The promoter has guided to fix the company and take it forwards. Its biggest problem was debt and its been on a path towards debt reduction. ALong above 475 with a stoploss below 450. The stock has just crossed above the 200WEMA which is often a key level for a reversal.
A stock has consolidated and has now given a strong result. A base breakout on high volumes happened today at 1215. (rounding bottom) Long at current price with stoploss below 1200.
There have been 5 instances in the past 1 year where crude has tried to cross back above the 200EMA and each time fallen back down below it the following day.. Makes for a very interesting low risk crude trade... Use the 200EMA as a SL..long above it..get stopped out below it.. Personally for me if crude can stay above it then certain select crude stocks will...
Watch for the negative divergence here but the company is playing it smartly where they don't want to attract windfall taxes so producting accordingly. The numbers should be good and strong.. (unless the monsoon causes some problems with the drilling) Long above 220 with the first target of 230 with a SL below 202.. 1:1 to start with but once it can break that...
The company is looking to reduce its debt..might even sell of part of entire stake in Glenmark life sciences. The stock is on the verge of a 6 year breakout. Long above 710 with a stoploss below 666. First level it could reach is 741 (by the end of this month) and then break above. This level has in the past acted like a major resistance so any breakout above...
With lots of investor interest in this counter the stock has been moving up Long above 138.50 or on the saver side above 140 . Wedge breakout and could lead to a lot of momentum in the counter. SL for a tight trader below 133.50 and for an investor below 130.