rdkriplani

rdkriplani

Brokeout with high volumes on a day markets were down over 1.5%. Long at CMP. SL below 2000.

rdkriplani

Bearish Engulf on the weekly charts...Short term support is 327 so short below that. SL 336. Target 295.

rdkriplani

Long above 300 with SL below 284.

rdkriplani

Above 193 the stock could do 202. I would double my initial purchase if that level gets taken out. SL would be 185. Golden Cross happening on the moving averages is an added trigger to buy. USFDA approval has come for one of their formulations. Things looking good for the company. 202 is the 200WEMA so taking that out would be great for the stock price.

rdkriplani

Got to be honest i didnt expect the Nasdaq to move the way it has during covid times.. But then thinking whats the max this excess liquidty can take it..my guess would be 10650. (Fibo resistance but also a major long term channel top) So if the markets dont correct from here that would be the key key level at which my caution meter would be sky high.. Keep this...

rdkriplani

Got to be honest i didnt expect the DJI to move the way it has during covid times.. But then thinking whats the max this excess liquidty can take it..my guess would be 10650. (Fibo resistance but also a major long term channel top) So if the markets dont correct from here that would be the key key level at which my caution meter would be sky high.. Keep this on...

rdkriplani

The company had a poor q4 because of inventory losses which will get reversed with q1 results which should be good. They have been allowed to non stop increase rates as well which should further help their results. Volumes will be much lower but that in time will pick up. Additionally govt will want to divest this asset at a premium. Long once stock crosses...

rdkriplani

Long above 585 & 590 SL 570.

rdkriplani

The stock has bounced off mulitple supports over multiple timeframes... Here you can see it on the weeklies its taking support on the red line which is the 200EMA On the monthlies its taking support on the 50MEMA On the quarter its taking support on the 20 QEMA. Watch this stock for a bounce as it is a FMCG kind of company. Also is a market leader in many of...

rdkriplani

With Force Motors having already cautioned that Q1 & Q2 could potentially be a washout.. Watch for this stock which might break down..its at a support...needs a bounce from right here right now.. Stay cautious of the space.

rdkriplani

A lot of you'll were asking me for a play based off monsoons...Here is one. Long Kaveri Seeds at CMP...SL below 545. Record seed plantation...Oil and Cotton has been planted in bulk so this being the best quarter for seed companies they should do well. Technically the stock has completed a breakout retest and could move higher.

rdkriplani

On the upside (less likely) it could go to 10522 On the downside first 10211 and then 10110 where there is a support. Be cautious this week..the volatility would be high..its month and quarter end over the next couple days... Usually we get the quarter pump right at the end but markets dont look on the most solid footing..so it could be a little of both over...

rdkriplani

This channel has held since many years now..Its back at the channel bottom.. Watch for 1330 or worst case 1200 (if there is a correction from here in markets) where it becomes a very interesting buy. Keep on watchlist...Its been a historical market fav.

rdkriplani

Short with a SL of 38. Could fall to 32.70. But short term consider it a 1:1 trade..first target 34.60. (Once below your cost of shorting i would shift stoploss to cost coz this stock was in momentum)

rdkriplani

The 200EMA which used to act like a support now has been acting like a resistance. Short term the price could fall to 355, but citing the govts move to keep increase petrol prices it seems they are allowing Oil Marketing companies free reign to move prices..so as to be able to divest stake in this company. I would look to go long if and whenever the stock price...

rdkriplani

Crude is at a key support where it needs to bounce from or it could break down to much lower levels again. If it breaks down it could fall to 37. Why it should concern us..? weak oil = low consumption = weak markets. Watch this space to track which way the big boys thing the economy is headed coz supplies hve been cut sharply..so in an improving economy...

rdkriplani

Go long with first target of 450 and SL of 405.

rdkriplani

Long above marked price. Sl - 3% below. First target 47.8/48. Once it crosses 49 it could go up all the way till the top resistance line.