rdkriplani

rdkriplani

While its peer Greenpanel keeps making new high after new high Rushil has a lot of catching up to do.. The stock could be bottoming out. Nice Doji forming around the 50EMA. There could be a wedge breakout. Wait for a move above 503 with a stoploss below 475.

rdkriplani

With all raw material costs higher the stock will have some headwinds. There will be a short term breakdown below 3250. SL 3315. First target could be 3050. (Look for this trade on monday)

rdkriplani

Another IT company at support. EIther it bounces right from here or if Nasdaq continues to melt down. If it melts down then it makes for a good short below 1065 (Would be a breakdown). Stoploss 3% higher.

rdkriplani

With some good and some average results and the weakness in the Nasdaq the Nifty IT index is directly coorelated. Short below 3535 with a stoploss at 3580 with a target of 3400. This is first a short term trade. Below that if it further breaks down things could then get nasty for IT overall.

rdkriplani

I have already once shared a bearish sentiment on HUL but last week it went up.. But the 200EMA could act like a major resistance for now considering raw material prices are up. Short at current price with stoploss above 2290. Can even double down the short below 2110 (then shift stoploss to 2210. There would be a breakdown below 2110.

rdkriplani

With the credit report coming in the recent past..they also claim that PVC prices are on the rise and we know caustic soda prices are up. Looking for a bounce around 587. If it does bounce it could make for an interesting buy around that price... (Note markets might be weak so it could even go to 559 before it bounces.) But whereever it bounces it might make...

rdkriplani

With Micromax having issues with the ED in India watch if Dixon becomes collateral damage. The stock is below the 200EMA where anyways nothing good happens. If you own the stock keep a SL around 4175. IF you can find away to short it, it'll make for a great short below 4175. Stoploss 5% above the sell price.

rdkriplani

With Crude sustaining above $100 and gas prices also now profitable ONGC will report some super quarters of earnings. A little current happenings..Warren Buffett has been a big buyer of energy over the first 4 months of 2022. At worst look for the stock to bounce somewhere between 156/148 where i think its an excellent buy. I also think its a great buy for those...

rdkriplani

A stock which could be looking at some secular trend changes where OIl marketing companies could use its product along with metal gas cylinders..Esp with the escalated prices of metals. The stock had broken out and now has completed its retest..look for a rebound on Monday to take a long position in the same. Long above 99 with a SL below 94.50. Plan B could...

rdkriplani

After the fall of NBFC's and the overall crisis..the cycle could be turning for the good for them again. A few of the companeis that have given results thus far are reporting higher NIM's and lower NPA's which bodes well for the companies. The stock could also have a nice breakout soon. There is also a convergence of the moving averages which often leads to big...

rdkriplani

There is a HUGE head and shoulder pattern in the bedrock of the american markets. Many of these tech stocks make up super high weightage on the indices and if they start to selloff..global markets might follow them in a very painful way.. For the longest time FAANG was invest and forget..now they have come off and if this pattern does complete and breakdown the...

rdkriplani

Another one of those commodity chemical players who could benefit from the price rise in commodity chemicals. The stock could breakout of its downtrend and diagonal trendline resistance. Long above 45.55. Stoploss below 43.50. I would double my allocation above 48 if and when the AVWAP of this entire downmove can be taken out. (Previous resistance)

rdkriplani

The co has huge savings in interest outgoing + its underlying commodities have tailwinds. (Both Caustic Soda and PVC resins) Long above 640 (3.5% allocation) and a much bigger buy above 675 in this case. (6.5% more) Stoploss for the first trade 595.

rdkriplani

Another stock which has consolidated while both the industries it is part of (Sugar + Caustic Soda) currently have a lot of tailwinds. The stock could follow something like a Sujarat Alkalies and move a lot higher. The stock as consolidated for over 2.5 months at these heightened levels hopefully forming a new base for its next move. Long at current price with...

rdkriplani

On the back of a brilliant result and with the stock breaking out this stocks consolidation might be over and it might be primed to make a new move upwards. There is a nice little Consolidation at the ATH and now with this breakout the stock could move much higher. Long at current price with stoploss below 1650.

rdkriplani

With the Govt serious about smart meters (visible by their order to Punjab Govt) this stock could be the biggest beneficiary. The stock is breaking upwards and into ATH territory. Long at current price..stoploss below 90.50. Would take a smaller allocation at first and pyramid upwards as the stock keeps gaining strength/has pullbacks.

rdkriplani

The lowest cost producer of Zinc in the world. Its been one of the only metals where the price of the metal is at new highs BUT the stock has been falling. Maybe the rise in coal prices has something to do with it. But the co is going to make some serious free cash this quarter from the price of global zinc. Now the stock seems to have bottomed out and could...

rdkriplani

Among the cheapest FMCG plays available. The stock could've potentially bottomed out. There is a +ive triple divergence on the RSI. Long above 167.50. SL 160.