One of the best performing alcohol companies which even did well during the lean period. The stock has time corrected and tested the channel bottom. This makes for a great investment more than just a trade. Long above 311 with a stoploss below the 200EMA which is 270. Double up above 333 and shift SL to 311. IF the stock truly does breakout it'll break the...
With time correction over, the stock is at a channel bottom and could bounce from here. First buy above 590 with another above 620. After the first buy the SL is 550. Ideally i'd like to keep a SL below 540 which is the 200EMA and give the stock enough time to move. The play is an interesting one..where whoever makes the smart meters they will buy components...
Game changing order in Make in India 5G networking equiptment. This could become a MASSIVE trigger going ahead beyond all the optic cables they supply Jio. If they keep getting orders in this space the company could rerate in a massive way. Long above 90.50 with a stoploss below 80. (Wedge breakout) A 2nd buy could be made above 95.50 for a box breakout.
With capacity expansion..backward integration plus low base YOY on results.. The stock has all the ingredients to do well.. The setup too is saying its primed to breakout after a 3 month consolidation.. (Triangle breakout) Long above 1415 with a double up above 1485. Stoploss of the first trade at 1290 ideally but for shorter term traders either below 1330 or...
A stock thats become a free cash printing machine With the blockade in the red sea the stock looks primed to now mmove upwards.. Prices of both container and product tankers has shot up. In the case of VLCC's is similar to its June'23 peaks also. The co which works on short term leases will be booking some great contracts. Long at current prices with stoploss...
A stock with much IPO hype but now has been consolidating Today on the daily it formed a beautiful doji which could mean if there is a green candle the bottom could be in place. Long above 890 with a SL below 855 where it'd be a new low for the stock. there would be a downward trendline breakout. The stock could be pyramided above 950 where it'd be an ipo breakout.
A stock thats been underperforming badly in the real estate sector. There is obviously a mistrust by the market because there is no promoter. But they do have a lot of asset and land bank which actually makes them a prime takeover candidate too. (Talks of which have been ongoing since a long long time but hasn't been confirmed via NCLT) There is now a gapfill...
The market has been spooked by the news of Polycab and there are a lot of rumours. If there is an increased panic tomorrow.. It might lead to an interesting bounce around 4600 where it might make sense to take atleast 1 shot with a small 3-4% allocation. The idea is to see if there is a bounce around the 200EMA where it should take support..but it'll have also...
On the smallest time frame..It might be time to show a little caution. On the extreme short term if the Nifty breaks 21495 it could lead to filling the gap and short intraday weakness or weakness for the next couple days Maybe down to 21350/21375. Ps: These are purely short term trades based off lower timeframes.
With a BRILLIANT marketing ploy by EMT to make themselves visibile and get marketing for free thanks to the maldives fiasco..they could also gain more loyal customers. PS: I am a loyal user coz of zero convenience. The stock was in a downtrend but seems to be reversing. Price has moved above the AVWAP of the entire downmove. With tourism suddenly becoming a...
A stock thats valued cheap and the results have been improving. Long above 435 with a SL below 390 to start with. (Since its deep we start with lower allocations like 5%) Once the stock moves and we can raise the SL to cost that then allows us to double our allocations. Ideally above 470 double up and hopefully ride the stock up much higher. Recently a...
A stock which is on the verge of a breakout. The price has been compressing in a super narrow range and could move soon. The stock had super volumes this past week. There are 2 ways this stock could go.. Scenerio 1 Stock pulls back to 126-128..then see if it bounces there and buy with a SL below 120. Scenerio 2 Long above 136 (smaller allocation) coz the SL...
One of those Pharma names which has been moving silently without much noise. The stock is making new highs and the results over the past 2 quarters have not been bad either. The co could report good YoY numbers going ahead. Long above 424 where it'll have a short term breakout with a SL below 400. An aggressive trader can even work with a stop below 415.
Could the time correction in the stock now be over? The promoter has been a buyer of this stock non-stop.. The updates of sales have also been good. The stock is at a box bottom but also right near the 200EMA.. Long around current price with stoploss below 265 (200EMA) Ideally 50% allocation here and 50% if and when it can breakout of the box.
A stock in strong momentum..but plenty of tailwinds of metros all across the country.. Long above 600 with a SL below 565. A nice little wedge breakout into fruther momentum on the back of a gapup which already exists.. Gapup momentums can often be very strong if the gap doesnt fill.
With a large order book..O&M business starting to grow.. The potential in Saudi Arabia going ahead. Chennai Desal plant + hopefully more such plants in India. The stock could move ahead a lot more. Long above 660 with a SL below 620. A new breakout after a short consolidation.
One of those stocks i am calling high risk high reward coz of the debt issues with the parent company and the promoter trying to sell some of those parent co assets to his Indian listed entities. But as an entry it cannot come as a lower risk entry (200EMA & 200WEMA crossover). The trade could literally be taken with a 1-2% SL because of the crossover of the...
With metals starting to do well... This is an under rated recycling stock which is also growing.. The stock could first go down to 490/500 before rising up and breaking out above 521.50. Small 2.5% on the way down and then doubling up above 522. The chart also has a C&H on the BSE chart where it was listed longer.