rdkriplani

rdkriplani

I don't know any fundamentals about this company but it looks good to potentially breakout technically. Buy little at 16.80 (Post this buy SL at 16) with major buy above 17.30. (Post this buy SL below 16.60)

rdkriplani

One sector i have been bullish on since a while now finally breaks out of its downward channel. Its close to making a higher high also. Lets see if it consolidates in this level or continues to break out. Watch this sector to be one of the leaders of the next rally.

rdkriplani

Another stock along with IPCA which would benefit from the current demand for hydrochloroquine. Marked prices are 2 places where stock can be purchased. SL below 200EMA.

rdkriplani

Short with target of 3000 SL: Above 3270.

rdkriplani

A stock which many people consider a pure pharma play but its actually got a lot of FMCG products in it as well. It is a market leader by a HUGE margin in atlas 5 such products it sells like SugarFree, Glucon D, Nycil and Complan. Worth going long around marked price which is a breakout retest as well as a longterm trendiline support with a view of 3 years...

rdkriplani

Firmly believe that this stock might have seen its worst and has a very small probability that it will form a low below this month's low. Fundamentally except the fear of NPA's there isn't much wrong with this stock. Has a robust pharma business which i feel is very valuable and now with the non compete removed it can grow leaps and bounds again. The promoter...

rdkriplani

Really liked the stock at 150 levels for multiple reasons inc being debt free and a cash cow. Such markets need stocks which can produce enough free cash coz plenty of businesses will be available to purchase on the cheap going forward. ITC will also pay out a fantastic dividend going forward with no DDT to pay and increasing it payout radio to 80-85% Its my...

rdkriplani

Having been short of this stock since almost the peak i might have a negative bias towards it but i believe the stock can still go lower. First visiting 1970/1910 and then 1670 kind of levels. Most retail investors seem to be considering this the 'safe' stock since 3500 type of levels. I would still advice a word of caution on the same. Stay smart for now,...

rdkriplani

Recently in the news for having to take over Yes bank which will be a long drawn out bailout. My PSU Bank pick which id like to be picking around 160 levels downwards until maybe 145. Would buy this in a different way. Only 10% allocation around 160 (if the price ever reaches there) and more aggressive lower than that. Has many assets which its owns like SBI...

rdkriplani

India's bluest of bluechip has broken what has been a trendline support. If i were to be buying a bank i wouldn't be looking for the next HDFC when HDFC bank itself is available at lower valuations than its always been trading at. With a slight bias that markets will still fall some more i would be really tempted to start buying between 690-660 levels for a...

rdkriplani

Such markets have never been seen where we have had historical falls. Making them even on the basis of technical charts to catch a bottom and if we have bottomed is virtually impossible because it will be completely based off a cure for the Covid-19 virus. So i am making multiple options. the 800 level for me would be the worst case for RIL to fall to and the...

rdkriplani

Traditionally we have always called India a consumer based economy. Even in the time of criss the 1 of 2 sectors which has help up really well is FMCG. Leaders at even at all time highs and consumption as a story hasn't stopped. Technically on a monthly basis the 50MEMA has always held since 2009. Going below but always closing the month positively. The same can...

rdkriplani

Even at the peak of the 2008/09 crisis Nifty barely broke below the 50 quarter moving average. Only visited and bounced off it. Even now we have a similar story, with the low being around the golden ratio. Could we take that as a bottom, lets watch this chart closely to see how markets bottom. My view is to wait and watch if we retest the low once again to...

rdkriplani

At Fibo support...if it breaks below it could fall to 966. It's a good company so value buyers can look to buy it around 966.

rdkriplani

If infosys is unable to hold onto this level it will quickly fall to 515. View negates above 570.

rdkriplani

TCS has broken down and i have attached levels from where it could potentially bounce. If you notice the friday gap down open also bounced right off the most key Fibo level. So be cautious before just buying the stock believing these are absolute safe havens.

rdkriplani

Another Safe Haven among most people. Its doing a breakout retest. Its key for al bulls in this stock that it bounces here. 357 would be a key level. Below that i could fall a further 10-15% more atleast. Stay safe.

rdkriplani

Everybody i know and everybody i don't know has surely been buying HDFC bank on the dip all thru this correction saying HDFC bank is a Safe Haven. But is it really? Will be a long term breakdown below 945 and could potentially open up for upto 790 levels in a bad case. So be cautious and stay vigilant below 945. Below 945 short term it could do 908 and then...