A textbook breakout retest in this popular stock...It will break out of the wedge and can be got above 590. Stoploss below 540... In many cases these stoplosses are deep coz of the nature of the markets at the moment. (volatile)
With the entire sector buzzing Gateway could move too. Long above 73 where it breaks the downward trending..Small allocation here and double it above 75.50. Stoploss after the first buy below 68. (200EMA)
I really like this stock and have shared it several times in the past. The stock above 414 breaks into further momentum.. But cautious with the result as its valued at a premium and understanding its results is currently v difficult. Deep stoploss here of 383..so allocate accordingly.
My diwali pick for the year as a value buy is now showing strength. Long above 131 (200EMA crossover).. No Stoploss on this stock coz its a value investment.. If it falls to 110/100 its worth doubling on this pick. If it breaks out above 142 it would make for an interesting double up kind of play.
Wedge breakout above 200. Stoploss below 186. (50EMA)
A stock that hassnt fallen along with markets. Most of its verticals are doing well. Infra, IT & now even financial is starting to pick up. I have always called this stock a Tata Sons Jr. (only we can own the main company in this case). Watch for this stock above 1981. Its had a long long under performance and only large year kicks into top gear..the momentum...
A rise in class 8 truck sales in the US + the potential for a large defence order soon for guns could proper the stock to much higher levels. Long at current prices with a stop loss below 750.
Good results..All time high breakout.. Could move much higher... Long at current prices. SL below 1440.
With markets badly reacting to its result if the breakdown continues the stock could test 445 kind of levels. There was a convergence of moving averages which could result in a sharp move on either side. If you own the stock be cautious if the move continues downwards.
Silver has got hammered this week. If Silver falls below 17.95 it could fall to 15.50. It was a huge negative weekly candle this week.
Usually with inflation gold tends to rise. But this time gold seems to be working more about recession and less about inflation. Gold could fall to 1556 (channel bottom) if it breaks below todays low. I think at the level there would still be an RSI positive divergence.
Since the past few days TDI pricess are going up.. But GNFC prices have not moved but are instead taking support at the 200EMA. If the US CPI number does damage markets badly then this might make for an interesting long. Long above 675 with SL below 630. A long can even be taken closer to the 200EMA (638) as long as it doesn't go below it.
WIth the govt having announced the sale of IDBI stake along with LIC. Its good to note LIC got IDBI at Rs 61 and for the sake of its shareholders wouldn't accept a loss below it. If the stock bounces from either here or close to 41.50 its a good time to buy the stock. Additional pyramiding can be done above 46.50 if and when it moves upwards. Stoploss after...
With sugar prices on the move again Triveni with its expanded ethanol capacity could do very well Long above 283.50. Stoploss below 270. The price could break a trendline resistance and move much higher if sugar prices continue to rise.
The stock could have a change of trend going forward. The news that competition commission has allowed them to finally merge will help give ZEE value. ITs also crossing above the 200WEMA (280) and also the AVWAP (271) since the announcement. Long above 288. Stoploss below 270.
An interesting stock from the healthcare space which could see rising profitability going forward. Long above 300.50 with 50% allocation and doubling that allocation above 310 when it breaks out completely. Stoploss after the first buy would be 280 and after the 2nd buy would be 300.
A good company that could be seeing the end of the bad news that plagued it due to non-compliance. It formed a nice rounding bottom and formed a cup..now it corrected and could form a beautiful handle before lifting off again. Long above 339 for an initial target of 380. Stoploss below 318.
With markets being weak overall and if margin calls start showing up..BTC could get hit and hit badly.. If 18975 gets broken out it opens up for 14100 kind of levels. SL 20250.