Watch out for this stock. Close to an all time high and a LT breakout as well. If it can go up further, it could reach a new momentum phase. As long as it holds above the todays high, it could be a good medium term hold.
Barely survived the week in the box. Lets see how the week starts tom...There is a positive divergence on the weekly and also the daily. If tom is a green candle it could lead to a good move back into the box for this co. Warning: NBFC is currently a very tricky sector to play off pure technicals at the moment. News has been playing a key role.
Breakdown -> Retest -> Can it now do the gap fill? If the down move continues expect 230 quickly.
Had a flag breakout and has now retested. If the bounce can continue expect a good move this week.
Mega breakout after a very very long consolidation. If you don't like playing gold as a commodity, you can always find gold related stocks like gold loan companies for example. PS: Silver has been under performing gold...keep an eye out there...
A recently popular stock which has been running up in a channel is at a key channel support. Its still bullish but below the channel and black line it too could take the path of correction. Ideally would like to see it bounce.. Lets see how it goes over the next couple days. #watchlist
On watch list once it touches marked point. Which could be sometime soon. Looks more bearish than bullish.
This sector needs reforms and quickly. Its shadow banking for the entire sector who find it difficult to get loans from banks. Head and shoulder (Not the most perfect one though) formed. keep on wathclist. If it breaks down further it could fall sharply (Will be watching below 605) Just sharing the chart as a preempt.
Since one Bajaj company filed me today with poor customer service. Bajaj Auto has broken down..Needs to bounce before 2814 else will reach the marked target below that... SL above todays high.
If it doesn't bounce tomorrow, it could easily do 237-240. View negates above 265.
All eyes will now be on the stock now that they too are offloading some of their assets. 2nd big NBFC after Indiabulls to have sold assets. Keep on watch list. If it breaks or bounces.
Broken out and volumes seem to be picking up. Can be got with SL 1% below trend line.
Add this stock to your watch list. Could be potentially rewarding going ahead. Hasn't broken out but very low free float so a breakout could be powerful.
At the 200 EMA and 200WEMA right now. Close to the recent support. RBI needs to act quickly to avoid a liquidity problem becoming a systematic problem in NBFC's.
Breakout + crossed 200EMA. Budget play. could do well in the lead to the budget. SL below 200EMA.
One of the very few defence players which got beaten down due to a political tussle pre elections. The govt owes them approx 20,000cr. Def Minister Sitaraman had mentioned orders are close to being confirmed. Always been a profit making company with good margins and good cash flows. Hopefully things get back to normal soon. Today the stock broke out with 12x...
For me short term broke down below 287. Now broken a long term trend line support.