Another name i am interested in. Recent buy of mine along with Sterlite Tech (Rs. 16.70) Promoter buying over the last month.. Made a higher high..stock has broken out already, today it made a higher high and tom could be a big day for the same.
Recent buy of mine.. Hot sector... Should be critical if it can continue with the breakout...
A little bit of hind-side analysis but jumped exactly from the divergence... one to watch out for for quick jumps..but keep stops tight because the entire sector has been under stress..
One of my fav small cap cement stocks..started nibbling on this..will go bigger above marked price..
Triple divergence close to a key support..could bounce next week..
Just hit a support..any lower and it could get messy below 185...
Just a little more pain left maybe a day or 2 before the sector rebounds? If the RSI breaks down again though plenty of its top players could be in for a further major beating then. Most of its top players are at critical support. Sobha, Godrej, Indiabulls Real Estate.. #watchlist Should be able to play this sector either way within a couple days for sure...
One of RJ's fav stocks also close to critical support. Not going to call which way this one goes yet... #watchlist
Big 3 in the cement sector all have a +ive divergence. All are making higher highs.. Watch this space...this could be the start of the revival of the sector overall...
Similar to Ambuja..This too shows a +ive divergence.. Could be leading towards a revival of the sector...
Triple Divergence...the sector overall could be starting to bottom out... #watchlist
Another crowd fav just fell below the 200EMA & ST support...Tomm could be v crucial as it could have a trend change if it doesn't go up.