rdkriplani

rdkriplani

With the huge negative divergence the stock could show tons of weakness if the market continues to fall..260 could be the first target. Stoploss above 299.

rdkriplani

The stock is on the 200EMA below which the stock could loose all its bullishness. If the stock doesn't bounce tomm it could be heading towards 1700. If your holding the stock be a little cautious if it doesn't bounce asap.

rdkriplani

Unlike ONGC Oil India has been nicely consolidating near multiyear high levels. If the stock breaks above 261/265 it would make for a new ATH post 2016. The stock has all kinds of tailwinds with crude/gas prices. Long above 265 with stoploss below 250. Might even start by buying in 3 trenches. One at current price 30%, then again above 261 (20%) and finally...

rdkriplani

Hikal has had bad news followed by bad results in the past 6 months. The stock has corrected 60% from the top. The stock has rejected almost all support levels thus far. Its currently at the channel bottom and 200WEMA. It needs to bounce on Monday else the price could be headed for 271 (Fibo level) followed by 205 which is a breakout retest. Be cautious if you...

rdkriplani

Post OPEC's fresh production hike crude went up further instead of going down. Saudi has hiked prices to Asia for its crude so prices don't seem likely to fall in the immediate future. This bodes well for ONGC which will post historical earnings this quarter. (backed by $6 gas prices) Expect the stock to at least attempt to touch the channel top of 160. Long...

rdkriplani

BCL has fresh capex which is on the verge of coming online. (End of this quarter) With the stock finding constant support at the box bottom and also the 200EMA while forming a beautiful +ive RSI divergence. Long at current prices with stoploss below the 200EMA (Rs350).

rdkriplani

TV18 has been hammered badly over the recent past. It could now start to move upwards after forming a rounding top and also a +ive RSI divergence. As i already own it, i'd be tempted to average above 43.50 first and then again above 52. Stoploss for the first trade would be below 40.

rdkriplani

With Refining margins flying and Russian crude available at the 35% discount.. RIL is making massive windfall gains. Technically the stock just had a wedge breakout. Long at CMP with SL below 2580..

rdkriplani

If our markets are to go back into bull territory RIL has to be one of the top leaders. Global refining margins have shot up and indian gas prices too have become profitable. RIL should now be scaling up its gas production to capitalise on the same. Long above 2675. SL below 2590. (Wedge breakout)

rdkriplani

Auto stocks seem to be on fire and one of the stocks making an ATH is M&H. Nice C&H breakout. Surely a buy on retest candidate. The new Safari has been launched. Soon their EV cars will be launching in a sequence. Long at CMP or on retest. (ideally retest). Stoploss below 975.

rdkriplani

One of the few stocks which didn't fall much during the correction and before that its been one of the sharpest risers. With global refining margins up this stock will be one of the biggest beneficiaries. 50% long at CMP and 50% above 292. Stoploss after the first trade at 260. The stock still seems to be in momentum after the short pause.

rdkriplani

A stock thats going thru a large transformation and has faced a lot of headwinds over the last 1 year. The worst for the stock could now be over. Long at current price or as close to 650 as possible. 640 is the channel bottom and can be treated as a stoploss for this trade. Beyond being at the channel bottom the stock also has a positive RSI divergence and...

rdkriplani Updated 

A stock that has faced a world of headwinds and is slowly but surely setting up for a bright future in animal pharma. There is a RSI +ive divergence and also the stock has bounced off what could be a double bottom. This more more of a long term investors pick though and not for a quick trade. Long at current market price and a deep deep stoploss below 95....

rdkriplani

Weak markets + Triple negative divergence + short term support might get taken out. Short below 255 with a target of 240. SL 260.

rdkriplani

With an RSI negative divergence and weak markets the stock is at a key support level. If it falls below the 50EMA (yellow line) it makes for an interesting short below 2450. Stoploss would be above 2500 for a target of 2150.

rdkriplani

With the new expansion inaugurated today worth 350cr this company could see new tailwinds. They are in a green industry too. The stock has bounced from the golden fibo ratio and could start a new move upwards. I will be allocating 50% above 696 and then again above 720. After first entry SL will be below 660. Post 2nd entry SL can be shifted to 690.

rdkriplani

If Infy opens below 1560 it would be a reversal candle and can go short. SL above todays close of 1585. Expect a new low in Infy after the huge gapdown post results.

rdkriplani

Short term breakdown..short below 3460.. First target 3400. Stoploss 3490. If it falls below 3460 it could continue to melt downwards.