rdkriplani

rdkriplani

With significant sector tailwinds the stock might be close to breaking out. Initially take a 50% position above 453 and then look to double up above 475. Stoploss for the trade 425

rdkriplani

Another unlock trade thats about to pick up is Casino's in Goa. Hotel restrictions are easing, its only a matter of time before the casino can go back to full occupancy. The stock has already broken out and could potentially be retesting. Long above 325 with a stoploss below 300.

rdkriplani

WIth hotels now fully open for business, international travel back too expect hotels to pick up business (which they already have) in a big way. We are also entering the summer holiday period so thats another aspect to look at. There has been a breakout here already..Long above 320 with a stoploss below 298.

rdkriplani

After a series of breakout retests and a bit of consolidation Pitti Engineering is again showing strength and has broken out. Long at CMP to catch fresh Momentum The SL here would be deep so allocate no more than 5% of your pf. (10% SL)

rdkriplani

Finally NMDC is getting its dues..the market seems to be ready to finally give a value to its steel plant as well along with its core business which is BOOMING based off tailwinds of global iron ore prices. Technically the stock is about the breakout of a VCP/Invested H&S..can call it many setups..plus the AVWAP of the entire correction in the stock from the...

rdkriplani

With Soda Ash quoting at super high prices and Tata Chem being one of the leaders in this space it looks like an interesting play. The stock could break out of a downward sloping triangle and also form a new higher high. Long above 982. Keep a 3% Stoploss for short term traders but more positional stoploss would be around 920.

rdkriplani

Along with Greenpanel the listed MDF players. There is a shift from marine ply to MDF among developers which will benefit them in a big way. (Have shared a buy in the past too) They have a new plant which got commissioned recently. Now they are confident and taking fund houses for plant visits which means the plant is running in full swing. Currently its a short...

rdkriplani

Been sharing this co as an unlock trade, an online gaming trade and now it will also be a breakout trade above 310. The stock has been consolidating in this zone since a while now and could soon breakout into a new 3 year high. Long above 315. SL 5% below purchase price so around 300. The stock is slightly extended after todays move so be a little cautious.

rdkriplani

Keep an eye out for this company. Above 490. The co nicely bounced off the 50% retracement level. Ethanol capacities should come online this month or at the latest by April. Should bode well for the company since they have tons of expansion coming this year.

rdkriplani

With cotton prices havingspent the entire quarter on the higher side, ambika cotton could produce another good result.. After consolidating for sometime the stock could break out of this wedge above 2665. SL 2450. The stock could move to the top of the channel which is around 3100/3200 if it were to catch momentum.

rdkriplani

WIth the IPL broadcast rights due in the next 1 week..TV18 is flirting with breaking out of a 11 year breakout. Long above 72. SL 65.

rdkriplani

One of the few stocks which can't have much competition in India coz its a super high polluting industry and new licences are not given out. Fresh capacity expansions are coming online now. The has been moving beautifully within the channel. Bounced right off the channel bottom and now could break out of a wedge. Long above 100050 and further above 10300....

rdkriplani

With the world starting to open up and travel increasing..Easemytrip could be a beneficiary. Its competitor charges all sorts of convenience fees and they could slowly eat into that market share. Personally i use it more than makemytrip these days. Technically the stock is on the verge of a triangle breakout. Long above 300. SL 280.

rdkriplani

After an infinite number of tries ONGC has finally broken out.. It broken out after a nice consolidation in a high price range. Had already shared a long above 173...but Hold that long and keep a stoploss around 160. At these elevated crude levels the company is going to be making a windfall both in Oil and soon in the natural gas segment too.

rdkriplani

One of the API players thats been hit badly over the last few quarters coz it went up excessively due to over optimism. But now it seems to be fair priced and potentially bottomed out. Long at CMP with SL below 1000. This is a deep SL so take a smaller allocation to start with coz its more on an investment basis for the longer term. Can double allocations above...

rdkriplani

With most commodities melting up, copper could be the next one to lift off.. This would affect a lot of wire makers in India so be cautious of this space. For those trading the commodity it could make for a good long above 4.825 with a SL below 4.70.

rdkriplani

There is news of Religare Ent becoming completely debt free while foraying into several new segments.. In the past this company has been in the news for all the wrong reasons.. Technically there is a nice +ive RSI divergence which coincides with the news and the stock seems to be forming a nice base.. Long above 134 which is the 200EMA crossover with a stoploss...

rdkriplani

The last time coal prices went this high..Coal India crossed 200. The only reason it didn't go higher is govt curbed E-auctions (how they make majority of their profits) coz power plants were short on coal. We can try to trade it again with the same thought process with hopefully this time coal e-auctions happening with record volumes at windfall premiums....