After more than 3 years the promoter Vodafone UK i finally showing interest in the company. They had written off Vodafone India to zero in there international books and said they wouldn't pump in more money. Once the government realised that they would be loosing the company and another big bankruptcy they moved quickly to reform the sector and reduce the debt...
An interesting company with expansions in all its capacities. The company has promised on all expansions. Long at current price with stoploss below 320. This company is surely and add once again above 415 and once again above 440. Even if the SL triggers i'd be interesting in again looking at buying the company around 300. (Or just take an allocation where the...
Have shared this multiple times in the past..TDI prices have been on a tear.. In Jan around $2400, Feb around $2600/2700 and currently at around $2800/2900. Long above 553 with a stoploss below 500. The reason behind the deep stoploss here is the company is already cash rich and will make extremely high profits even this quarter.. After a long time the...
With all the noise about Russia..Globus is a company which doesn't get hurt by the global crisis coz its fully focused on India. Their distillation plants are growing and now beyond alcohol they are focusing on Ethanol to oil marketing companies too which helps sell out their spare capacities. Long above 1392 with a stoploss below 1320. Globus is among the few...
The stock bounced off a channel bottom and could continue moving upwards. Watch for this stock above 955 with a SL below 915. This stock is also a special situation demerger play which makes it even more interesting going forward.
A stock with HUGE capex coming online and very high potential in going from commodity to speciality while using its own dominant product as the key raw material. Long at current market prices with stoploss below 1930. Ideally a smaller position with doubling above 2130 (200EMA).
One of the few stocks in our markets with SUPER DUPER fundamental tailwinds. Crude prices have broken above $100. ONGC will gain a windfall profit. ALso on 1st April Natural gas prices will get revised making ONGC an EBITDA gain of Rs 5000cr per $1 increase in those gas prices. The plan is to start accumulating the stock if it bounces somewhere between 148/153...
Along with the Nasdaq..the other index that looks brutal is the S&P500.. Bad breakdown coming.. How badly this war will escalate is anybodies guess but with rising inflation and war like environment these are pure signs to be cautious with buying new stocks or quickly buying the dip.. Be patient and lets see what happens over the next couple days.
After cautioning when the Nasdaq broke below the 200EMA..its now headed for a H&S breakdown.. Its time to be very cautious and hold back from buying every dip until all global markets show signs of bottoming out. Note: The Nasadaq has given up ALL its 2021 gains.
With the promoter buying non-stop from the market during this correction..The stock could have something cooking. The stock looks to have bottomed out and could make for a good buy around 172/175. The stock could soon get their wish of getting Andhra Cement from NCLT where they are trying to get the co for cheap. Trade. Long around 172/175. Stoploss around 160.
One of the most popular IT stocks in Dec/Jan corrected post result. Today it got some good demand in a correcting market. The stock could break out of the descending triangle soon. Long above 585. stoploss below 530.
On the back of super numbers this is one of the vv few stocks which has held up amazingly well during this correction. Stock had a box breakout and now during this correction a retest and is trying to break back into fresh highs. Long at current price. Stoploss below 644.
One of the new stocks holding strong during the last week of correction. Nice low risk trade available here. Long at current price with a SL below 535. The stock does have tailwinds with high chemical prices while being plush on cash and among the cheapest chemical companies available.
The co gave a fab result and an incredible guidance going forward. The stock has since shown relative strength even in a falling market. The stock is on the verge of breaking out of a downward sloping resistance but mainly crossing back above 200EMA. Long at Current price with stoploss below 4350.
In the past i have been bullish on this stock..but now its time to be cautious.. The stock is on the verge of a breakdown + could break below the 200EMA.. So if you own the stock it'd make for a good short below 650 or to exit existing positions.. If you continue to be bullish on the stock then you rebuy it once it crosses back over the 200EMA of 600/550 depending...
A stock which has been battered in recent times. Technically there is a tripe positive divergence in the rsi and the stock has nicely bounced off support and is showing tremendous power in a weak market could be signs its bottomed out. I'd be a littel cautious coz the result might not be the best for this co coz of the volatility in the turkish lira where it does...
In times of uncertainty and volatility coupled with high inflation.. Gold could be among the best performer of the year if equity remains volatile. Would make sense to add gold at 5-10% of your investment portfolio. The price has broken out of a downward triangle. if it can follow thru it could do v v well. Long at current price. Stoploss below 1750.
The stock has been nicely consolidating and potentially forming a nice base to move higher from. Long above 325. SL 5% below purchase price.