After multiple attempts PEL finally closed on the weekly above the 200WEMA..its previously always taken resistance there.. This time in 1 go its crossed the 1) Diagonal Trendline Resistance 2) AVWAP of the down move 3) 200WEMA There has been demand in the stock that last entire month the futures were almost always in ban due to accumulation. Long at current...
With both Pharma+ Agri looking to do well going ahead...one of the leaders in the segment of CDMO has just broken out int one ATH territory. Long at current prices (50% allocation) with SL below 3900.. ideally wait for a retest or follow thru on Monday to take an allocation... The stock has consolidated for a long time..so the breakout could be powerful.
The stock showed some good strength today and is on the neckline of a breakout.. The market futures are showing like they will open weak tomorrow but any pullback into the 10EMA or atleast 3920 can be got with a stoploss below 3825. A breakout above 4030 can be a double up trigger to catch a quick move of 5-10% An fresh breakout after consolidation here can...
The stock has been on the v erge of a breakout several times but cooled off.. This will try again either tomorrow or next week. Long above 3935 with stoploss below 3800. The stock has been consolidating since July of last year..so a break above 4100 could give it some great momentum. With the pharma sector and agri-chem recovering..this stock has a good chance...
With traders now being allowed to trade commodities from the same account as stocks, this might ramp up volumes on the exchange. Long above 4070 with stoploss below 3800 for a breakout from the range.
Real Estate has been a hot space in the markets recently.. Several marquee investors have recently pumped into Indiabulls Real Estate.. Their business issues have been resolved as part of the merger with Embassy/Black rock. (NCLT too will now approve it most likely) During this fall the volumes have all but dried up which is often a good trigger that the stock...
With the company launching a QIP (at Rs.412) and the promoter only picking up all the warrants. it shows a sign of super confidence. Long at current price or whereever it opens tomorrow. There is a breakout above 465 which can lead to several circuits. The other big trigger is the company will soon list on the NSE main board which will give it additional...
After one large candle the stock went into consolidation... Most likely its now bene forgotten by traders so I think its a good space to start looking at the stock again.. There could be a wedge breakout either tomorrow or next week. Just to play it doubly safe won't buy at current price but first buy above 11900 and 2nd buy above 12050 which would confirm the...
A stock that's been consolidation for a while now and just recently after the promoter gave a TV interview it caught momentum again. The ideal case scenario is if the stock at max goes as low as 445 and bounces and breaks out upwards. The goal is to buy the breakout above 460 and hope it can make a vertical move after such a long consolidation. A stoploss...
A stock that has been at war since the NBFC crisis..the stock has had provisions after provisions. There are 2 key places where the stock has been taking resistance..the 200WEMA and the AVWAP of the entire down move. If the stock price can cross 955 & 964 and those levels can become a support then we could be in for a turnaround. Long above 955 & 964 with a...
With the PM reinforcing his view on Solar roof top for 2cr people. Long above 1310 for a new breakout with a stoploss below 1200. Once this consolidation zone gets broken out, the stock could move towards a new high.
With the management guiding for sector leading margins and growth this stock could've potentially bottomed and now breaking into higher highs. Long at current price where the stock is breaking into higher highs.. Stoploss below AVWAP of 684. First target could be 713 and then further upwards.
With the Nifty making new highs but struggling to get any follow thru moves. There is a divergence on the RSI so if we get a couple Red Candles we could get a reset. Additionally with the markets doing so well this past week a cool off wouldn't be a bad thing. Watch for a cool off from Tomm/Monday. In that case a trade I might look at is to short the nifty...
A stock that has both its believers and its doubters.. The stock is attempting to break into a new ATH territory..at the point the stock could catch momentum and head upwards considering its solid cash flows. Adding the stock above 1190 where it breaks into a new ATH might be a good buy..the stock could keep moving upwards. SL for the trade would be below...
The stock has broken out as many other Agro theme stocks have.. Long at current price as the stock is breaking out with high volumes. Stoploss could be 72 and the stock could be moving towards 90.. If it can break above 90 the stock would catch some really good momentum.
With the allow prices moving upwards (30% up now) the stock could move upwards too.. Such stocks make sense to catch for quick trades. When the stock breaks into a new high above 550 then it might be worth trying to catch it with a stoploss 3-4% below the purchase price.
With the company winning a near Rs5000cr court case while having a market cap of close to 2000cr at some point the stock is bound to rerate.. The stock is on the verge of breaking above the 200EMA and could go long above 349. Long above 349 with a stoploss below 329. (Keeping a little margin below the 200EMA so we don't get caught in any whips downwards) This...
With a new facility commencing production, the co could see a long with solar pumps also being part of the portfolio the stock could move towards new highs. Long at current price with stoploss below 417. (Keeping a deep SL coz the market has moved so many days that some cool off seems to be certain over the next couple days) The stock could break the trendline...