The stock has been consolidating and flirting with a breakout. The stock now seems to be breaking out of its Darvas Box. Long at current price with Stoploss below 199.
Its EXTREMELY rare for a company that is this old to fall below the 200EMA (Monthly) and actually survive.. These guys seem to be the comeback kids.. Adequately capitalized..new project timelines already given out along with conservative estimates of Surplus from those projects. The merger judgement too is marked for judgement. (The hope is for a positive...
The stock has been hovering around the 200EMA (A little higher and a little lower) since a while now. Zinc commodity prices had fallen below $3000 and today Zinc has shot back above $3050 on high demand from Singapore. Long at current prices with double up above 200EMA (500). Tight Stoploss below 480. Target again 550/565.
With some brokerages giving a report of 81% upside In the stock.. Plus the ruling govt coming back into power (who was giving them some orders).. The stock has broken out with better than usual volumes.. Long at current price with Stoploss below 840.
While our markets are teasing a bear market with the non-stop FII selling.. We've already broke below the 200EMA and now sit on a strong support which needs the hold.. Currently sitting on the 50WEMA + Channel bottom which we've bounced from 4 times + key Fibo level of this move. If this level holds we could get a good bounce..but if there is a breakdown..it...
If the stock can follow thru above 695 It makes for a good short term ATH Breakout trade. The stock broke out on Tuesday and a follow thru could lead to some sort of a vertical move.. Stoploss for the trade will be below 670.
With a poor result but excellent guidance..the stock seems to have formed a double bottom with a +I've RSI divergence. Watch for this stock going ahead. Long above 150 and further above the 200EMA which is around 160 currently.. I hope it falls once more to 133 and then bounces with a triple RSI divergence and that might be the perfect buying opportunity.
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.