rdkriplani

rdkriplani

A lot of the tea stocks seem to be close to breaking out. Jayshee tea has an inverted head and shoulder pattern. Its on the verge of breaking out. Volumes also seem to be picking up over the last couple weeks. Additionally the stock has crossed over the 200WEMA. Long with target of Rs. 85 with a SL at 67.50. (Short term target 76) Ps: Only enter above 70.75...

rdkriplani

The previous channel support has not become a resistance. Also at that resistance the weeklydaily candlestick pattern are Dojis. Be cautious going ahead on this stock. Usually you need a follow up candle to confirm the reversal which could come next week. Watch Mondays price action which might trigger a short trade on this co. Short below 1307. SL 1350.

rdkriplani

Short term ONGC could go to 74.75 on the backing of rising crude prices and the move upwards in HPCL stock price.

rdkriplani

A Microlender who doesnt have high NPA's. Stock has broken out above a breakout zone where it would previously consolidate. Volumes have also increased. Long at CMP or on a dip if any tomorrow...SL 805.

rdkriplani

A key supplier to Maruti. Maruti today reported super sales for the month. So its suppliers should do well too... Long at CMP with SL below 270. I would double down above 300.

rdkriplani

One of the few NBFC's showing strength. Stock has broken out but i think waiting till monday morning to see if it can sustain and stay above 265 before entering would be key As long as it can stay above 265 it could move 330 levels. Long with SL below 264. (Entry only if it can remain above 265 on a closing basis today)

rdkriplani

With Europe heading for a shutdown and crude also breaking down, there is a chance we could see lower levels again in ONGC. Technically the stock has broken down from a suport and could visit the lower marked price of 60 and then 56. Short at CMP with SL above todays high (66.40)

rdkriplani

With lockdowns imminent in a lot of Europe, we could have a repeat in a fall similar to April 2020. Watch for brent below 38.75 for a confirmation of the breakdown. First target 34. SL above 39.50

rdkriplani

As markets are correcting and TCS has a gap to fill, the stock can be shorted below 2600 with a SL of 2620 for a target of 2540. (Dont short this until it breaks below 2600 which most likely wont happen today) Ps: This is a short term play.

rdkriplani

Company posted good Q2 results. Highest profits in the last 2 years. Technically there is a flag breakout. Long above 651. SL 620.

rdkriplani

The stock has been backward integrating as a strategy. Pre Covid the company had its best result in along time. There could be a revival again this quarter. Results are on 29th Oct. Technically the stock could be breaking out after consolidating for an entire quarter. Long at CMP with stoploss below 1050. Fundamentally expecting a 100% YOY growth in profits...

rdkriplani

A part of the now famous and in demand APL group of companies. This stock had a breakout around 415 (My first purchase price) and now is on the verge of a bigger breakout (above 465). Positional buy only above 466 with a SL below 435. If due to volatility markets are deep in the red then SL can even be shifted higher.

rdkriplani

A smaller bank which is traditionally conservative with its lending habits. Technically the stock has broken out and also moved above its 200EMA. The price is also moving towards its 200WEMA (158). Long only above 158 with a SL below 200EMA (151). Above that the volumes too could pick up which could lead to momentum. SBI Smallcap is quite bullish on this...

rdkriplani

With Sugar as a commodity showing good strength, sugar stocks could potentially break out in the near future. Watch out for the group overall. Balrampur Chini would be a good buy above 167.50. SL below 160. Keep on watchlist and watch out for a breakout.

rdkriplani

A little know smallcap company which supplies wires to tyre companies. As tyre stocks start getting tailwinds from demand, expect this stock to shoot up too since it is a market leader in India in this segment. They deal with all the tyre majors. Technically long above 350. SL 3-5% below purchase price. High volumes are usually good for the company. The results...

rdkriplani

A long time favourite of mine. Had recommended it as a value buy around 110-115 levels. Now after all that consolidation is finally breaking out. As long as it can sustain 135 can do long at current price. SL: 135. Stock has broken out with high volumes. Plus another addition is that the entire sector seems to have tailwinds.

rdkriplani

The stock has crossed and is taking support at its 200EMA. (always a good sign) This is also its 50WEMA. Long above 32.30 just to be on the safe side with this stock. Would double down if it crosses 2nd marked price of 34.50 and ride it for a long time. Fundamentally the manage is good and also the overhang of Vodafone Idea which they had already done a large...

rdkriplani

With everything resolved on the Vodafone front in Supreme Court things could now start to look u for this company. Ultratech cement, its other holding its also moving up. Once it crosses the 200WEMA things could change for this company which has been a major underperformer all this time while its prime asset Ultratech cement has been moving up. Long at CMP as...