rdkriplani

rdkriplani

With iron ore prices rising again and demand improvement + the company has applied to extract additional capacities this should do well for the company. Long above 1035 with a stoploss below 1000. THere will be a breakout above the AVWAP of the entire downmove which has been the recent resistance.

rdkriplani

The most dominant NBFC in India needs to start showing strength for the sector to follow. Long above 2700 with a stoploss below 2625..

rdkriplani

Watch for a bounce right here or around 547 which is the 200EMA. Tanker prices have done to the moon over the last one week and continued to go higher today as well.. GE does most of its ship bookings on the spot market so they could benefit from the windfall gains again. I'll go long when it bounces. Ideally if it bounces of the 200EMA that would be the...

rdkriplani

Not too much to share here..with issues with auditors and multiple auditors resigning.. Its better to avoid this company until things get resolved. Close to a breakdown level.

rdkriplani

One of the best kinds of setups.. Market seems to have loved the result or rather the growth the company has shown and there is a clean breakout in the stock..the breakout also involves a gapup.. If the gap doesn't fill in the next couple days expect the stock to move much higher..i love this kind of a setup in general esp when there are proven tailwinds. Long...

rdkriplani

One of the key indices which usually show prices of global freights and how they are trending.. Sadly they have been trading downward..and that isn't a good sign..its bounced from this level multiple times and with chinna opening we need it to bounce again else its panic stations..The only time its fallen below has been COVID in the recent past.. There are often...

rdkriplani

The stock nears its all time low..but now things could be changing here.. The govt has converted part of its dues into equity in Vodafone..paving the way for the promoters to pump money in + raise money in Vodafone. They will have to now clear the dues of Indus Towers and also start spending for their 5G rollout too.. Expect things to start moving here..Won't...

rdkriplani

Tech stocks seem to have bottomed.. FB jumped..Microsoft jumped..Google breaks above the 200EMA + breaks above the channel with a gapup..this is super bullish for me.. I think its time to get a little aggressive in the markets in general if these breakouts can hold.. Watch for tech to atleast have a good bear market rally if nothing else. If you trade google...

rdkriplani

Some stocks seem to be bottoming out. Cyient seems to be one such company. Good result..nice relative strength and a good setup. The stock is making higher lows and higher highs. Taken support around the 200EMA. Now is on the verge of breaking the diagonal trendline but more importantly also the AVWAP of this entire fall.. Long above 905 with a 7% stoploss....

rdkriplani

Had recently shared a short on this stock...but with the Adani crisis where a high PE stock has collapsed this one could go along with it too.. The freefloat here too wasn't the highest and post a correction of close to 30% the stock is in peak downward momentum yet still trades at a 96PE. With a negative result which gave a gapdown expect a further fall here...

rdkriplani

The once mighty Life Insurance leader of India has now come under intense scrutiny. This could lead to a loss of reputation plus the youth might look more towards term insurances than the ULIP's our elders used to love to buy. Putting this down to more financial literacy. Again i don't know how much that tax above 5L premium hurts them if at all.. But anyways...

rdkriplani

I honestly dont know how the above 5L taxation on insurance premiums will affect insurance players.. For me only the HNI ULIP plans will get hurt.. (i dont know how much contribution this makes anyways) So this one is purely technically.. The stock has done down on larger than normal volumes and now sits at a key support level. In the near future if this gets...

rdkriplani

With crude falling from the top and the trend thus far seeming negative..Aviation could get a good boost.. With most of Indigo's competition (except Tata's) on super weak footing thanks to the losses during high ATF prices Indigo now has a very dominant position in the market. There is a nice tight consolidation happenning and if it can break out.. Long above...

rdkriplani

Nice little super tight rangebound consolidation happening in Airtel. The 200EMA has acted like a strong support after the gapdown. Post such tight consolidation the stock can move powerfully in either side. I am slightly biased to the upside but keeping both plays open here is the trade on both sides.. With ARPU's increasing and vodafone loosing customers it...

rdkriplani

With consistent performance by the co over many quarters there is a good chance the market takes the stock higher. Its a relatively low risk trade here where we go long above 110 and Keep a Stoploss slightly below 106. If it then breaks out above 120 can double up. The market might be in a mood to reward good results..

rdkriplani

Another Iron Ore stock which today took a perfect bounce at the 200EMA. With iron ore prices popping this one might make for a low risk long with a stoploss slightly below the 200EMA around 98 (Red Line). Disc: Bullish on metals + iron ore space in general.

rdkriplani

With Iron Ore again trying to regain strength post China opening, expect some action here. The stock broke out even while general markets were weak.. It also did a retest and now could move to the AVWAP of the entire downmove which is around 1030. Can initiate a small position here and double up above the AVWAP which could mean a complete trend reversal. SL...

rdkriplani

With the promoter selling in large quantities in bulk deals tomm expect weakness and a negative sentiment around the stock. I think its a great story for the long term but short term there could be a breakdown in the stock.. If you own it, be cautious below 555 as it could fall much further..