Good guidance by the management and one of the few chemical co's which has given guidance to grow by 25%. The mgmt usually keeps up their guidances.. Long at current price with stoploss below 1694. (Below the 200EMA). The stock has broken out of the downward channel and has made a higher high and higher low.
With coffee prices starting to trend upwards globally because of the production issues in Vietnam...the stock could see a good uptick.. Long at current price with a stoploss below 539. This zone has previously worked as a support zone. The stock could gain strength above 610 when it crosses the 200EMA.
If Deepak Nitrite pulls back post result to anywhere from 2475 to 2445 and bounces intraday..it makes for an excellent buy on dip.. Last quarter was good but with several shutdowns in peer plants Q1 is shaping up well with price increased. The company has always benefited when freights have gone up and we currently are in that phase where freights are going up...
With metals continuing to melt upwards.. Hindalco with its upcoming IPO of Novelis could have some huge rerating triggers.. Long above 662 with a stoploss below 643. The stock would breakout into a new high on the backing of firm metal prices.. The Novelis story is the company is owned by Hindalco and is looking to IPO on the US markets at a valuation of $18B....
Post super results...the stock pulled back and might've taken out many stoplosses.. Now its turned around again.. Long above 2360 where there would be a wedge breakout with stoploss below 2240. Double up the allocation above 2680. There is a high tight flag setup here..so if it breaks into a new high..might lead to a good move..!
Nice volumes today...could signify something big is around the corner. Phase 3 of their real estate project could be the trigger. Long above 191 when the stock starts to break into new 52 week highs... (Vertical breakout) As this stock has failed so many times we'll keep a tight SL of 182..and if it triggers also reset another buy above 191 again..
With all kinds of tailwinds price wise and long term ships soon to contract at double prices..expect good numbers from the co going ahead too. Atleast until the Suez canal crisis doesn't end. Long at 1000 with stoploss below 900...aggressive traders can keep it below 965...but I think this co is currently a cash printing machine and deserves a deeper stoploss....
One of those stocks which fell all the way from IPO onwards. Finally back to those levels and attempting to breakout into new highs. If 755 can get taken out on the weeklies...the stock could go towards 1000++. Long at CMP with stoploss below 700.
Increase in margins..future could look bright.. cheap valuations.. market could reward the co going ahead. long on the gapup tomorrow (Ideal gapup would be 540 where its also a wedge breakout) and an additional buy above 570 (New ATH). SL for the first buy would be sub 490 where I doubt it'll go..
One of the few stocks which has been behaving beautifully during the pullback last week.. The stock seems to have demand (Witnessed from the higher volumes than usual) Long above 365 on a consolidation breakout and then again above 385 (new high). Stoploss after the first trade would be below 340.
Long above 2260 on the crossover of the 200EMA. Add again above 2460 where it breaks into a new high which is also a trendline breakout of this entire downmove. Stoploss for the first entry is 2180 and post the second entry is 2400.
Bounced from the 200EMA with good volumes But at current price 455 with SL below 400. Wedge breakout possible today/tomorrow.
With the stock making new highs..and the result being good in a hot sector with tailwinds.> This stock could do well from here.. the stock could break into a new high above 343 with SL below 313.
This one would rank quite high on the risk scale. Amazing result and great order visibility. There is a price earning gapup..there was a good breakout along with that gap as well. The stock is in peak momentum Ideally would like first entry to be at 1000 with SL of 925 for that trade. If I don't get it there then above 1090 but then the SL would be sub 990....
Long at 485 or above 517..which every comes.. (Stoploss for the first trade below 470) Q4 last year was only 32cr.this year should be much much better.. The stock could breakout again after this long consolidation. Buy further above 540 when there is a fresh ATH breakout. Could see some good momentum in this counter.
The company has guided for a strong Q4 where YOY it'd be an over 100% gain. This could give the stock a fresh bit of momentum Long at current price while adding 50% more above 56.75. Stoploss for the first trade can be below 46.50. A breakout above the horizontal resistance of 56.75 could lead to an amazing upmove
A stock that's been doing well for itself business wise. The company is guiding of a 40% CAGR growth over the next 2 years at least. Long at current price with a stoploss below 550. Add more above 600.. The 200EMA is a great crossover point. Additionally Malabar Capital has recently increased its stake in the co to above 5%.
A setup that's looking extremely interesting Long above 535 with SL below 500. There is a convergence of moving averages which often signifies a big move is on the cards.. The 200EMA is close enough to provide for a low risk SL too.. Lets see how this plays out over the next few days.