After nearly 4 months of consolidation Apcotex is looking to breakout. Long if the price crosses 352.50 tomorrow. SL below 325. Since the SL is deep take a smaller allocation first and if the price breaks 365 then double up and shift SL to 352 whereby reducing the risk.
One of the stocks which has not hit new highs in the metal rallies. Nalco is primarily into Alumina whose prices have moved from 300-340 over the past one week. This should add over 100cr per quarter in profits for the company. Aluminium prices are also close to a multi year high. All in all the stock has plenty of tailwinds and could move and finally break out...
With the markets being at an ATH and no real value visible in more PVT companies nor commodity companies..is it FINALLY the time of the PSU's. From PSU banks like SBI & Canara Bank in the banking sector to ONGC, BPCL and GAIL in the Oil an Gas space to Concor (Idea shared last week) and Coal India. NALCO in the metal space is close to a 10 year breakout too....
An idea i had shared a couple months back (Mid-July) but the buy price never came (150.50) so the trade never triggered. Since then coal prices have increased by close to 15-17% which Coal India still has not moved. Because this is one of those heavily compressed stocks by bears most of the time this one needs to be played with abundant caution. take a 40%...
After the 2nd wave where things had all shut down, now everything is slowly starting to open and goa again is among the most popular tourist destinations. The stock kept making higher highs and eventually broke out. Now its come back to retest which leads to a relatively low risk entry. If it stock finds support anywhere between 200-202 then wait for the...
One of the PSU's where govt is trying to pass enough reforms to soon be able to sell it. They have postpones its sale but its still a super business.. Technically post a 3 month consolidation the stock is looking to break out again. Long above 715. SL 680.
Once among the highest valued banks in the country but its valuations have fallen sharply. The stock has formed sort of an inverse C&H and any breakdown here could move the stock down a further 10-20% with relative ease. There are 2 ways this rate works out..If there is a bounce we go long above 280 with a SL below 275. But if the inverse C&H plays out then...
Among the few hospitals which didnt participate in the move today even though it is a cancer speciality hospital which is one of the few diseases we have been unable to cure and is on the rise. Look for a bounce starting from 218-210 (channel bottom) With a SL around 203-199 depending on where you buy the stock. This one can be both a long term opportunity but...
Commonly referred to as PEG (Post Earnings Gap marked with the circle) where the earnings have increased by such a high quantum that it surprises the market and opens with a large gapup. Additionally its peers have been getting environmental clearances to increase mining capacities. They are among the few 5 star rated miners in our country so if others have got...
One of the strongest performing NBFC's + Pharma companies where both businesses are growing. Many doubted the DHFL acquisition but DHFL always was a solid company and now they have it without having much interest dues to make. The company reported a Q1 profit of 300+ cr which will supplement their income. Long above 2790 and again above 2860 for targets of...
After consolidation and uncertainty of China output cuts..India now stands in a very strong position and this metal cycle could continue. Long above 774. SL below 720. Expect a move to new highs and momentum to keep carring metal stocks higher. Just metal stocks enough opportunity to run if they are not already a large part of your portfolio.
Pennant breakout possible. Stock has shown strength on both days of the smallcap fall. Long above 700 and then add if the stock convincingly takes out 715. SL below 670. If 715 breaks convincingly shift SL to 700 so it becomes a low risk trade. Note: Good result declared by the company and has over 10% of its marketcap in cash reserves.
With commodities moving sharply after the US announced the new Infra bill.. Ved could break above the channel. Long above 325. SL 315 Target 350. Its a short term trade of of upto 5 days. At that point vedanta could trigger a massive positional trade with a box breakout (resistance between 350-355) But we would have a nice margin of safety from this lower...
Thru the entire move the Nifty Smallcap index has always respected and bounced off the 50EMA. Now again its come and touched the 50EMA. Tomm will be critical to see if it can again bounce off this key support level. Plenty of SL's triggered today but plenty of opportunities too.. Don't rush in but wait for the right opportunities to present itself and watch...
Bad result, uncertainity in the sector with production delays + increase in debt. Fundamentally nothing going right for the stock Stock could suffer a short term breakdown and would make for an interesting short below 224. SL 2% above at 228.50.
With bigboss OTT starting on Voot the subscriber base should sky rocket. Im sure Viacom18 will leave no stone unturned to get subs onto its platform. Viacom18 is 51% owned by TV18. The stock is also close to a support of 36.20 and the 200EMA `35.35. Long at CMP with a SL at 34.50 makes for an interesting buy here based off a HUGE hike in potential subscribers...
IF the metals trend is to continue SAIL would benefit from it tremendously. Long above 142. (50% quantity) SL 133 Target 151 If it breaks out from there we double down out position and wait for a much larger breakout.
With strong sector tailwinds with problems to Vodafone. Bharti could become the top premium go to mobile operator taking away a lot of Vodafones premium postpaid clients.. With an increase in ARPU's the profitability can now keep going upwards. Long above CMP. SIP into this stock slowly over the next 12-18 months..this sector will now see tons of tailwinds..