On the back of good numbers and the future looking bright esp in the car segment..the company got hit for buying RBL bank but i think if they buy a bank also its a good thing.. Along above 1500 with a SL below 1440. The gap could get filled soon and the stock could get to new highs.. Monday if markets are weak and m&m opens on a dip it could be a buy the dip...
A stock which has enough and more visibility for growth going ahead.. Long above 200.50 with a stoploss below 190. There is a wedge breakout. Its also a good name to hold for longer because of the dividend payout the company gives.. (Close to 7% div yield)...
A stock that has been underperforming since a long time.. The promoter has guided to fix the company and take it forwards. Its biggest problem was debt and its been on a path towards debt reduction. ALong above 475 with a stoploss below 450. The stock has just crossed above the 200WEMA which is often a key level for a reversal.
A stock has consolidated and has now given a strong result. A base breakout on high volumes happened today at 1215. (rounding bottom) Long at current price with stoploss below 1200.
There have been 5 instances in the past 1 year where crude has tried to cross back above the 200EMA and each time fallen back down below it the following day.. Makes for a very interesting low risk crude trade... Use the 200EMA as a SL..long above it..get stopped out below it.. Personally for me if crude can stay above it then certain select crude stocks will...
Watch for the negative divergence here but the company is playing it smartly where they don't want to attract windfall taxes so producting accordingly. The numbers should be good and strong.. (unless the monsoon causes some problems with the drilling) Long above 220 with the first target of 230 with a SL below 202.. 1:1 to start with but once it can break that...
The company is looking to reduce its debt..might even sell of part of entire stake in Glenmark life sciences. The stock is on the verge of a 6 year breakout. Long above 710 with a stoploss below 666. First level it could reach is 741 (by the end of this month) and then break above. This level has in the past acted like a major resistance so any breakout above...
With lots of investor interest in this counter the stock has been moving up Long above 138.50 or on the saver side above 140 . Wedge breakout and could lead to a lot of momentum in the counter. SL for a tight trader below 133.50 and for an investor below 130.
With the US removing anti-dumping on Indian produced quartz but maintaining it on China and other east asian countries...tons of exports are happening from India. Long above 390 with stoploss below 367. The stock will break out of the downward trendline resistance. The 2 blue lines of AVWAP can be used as levels to pyramid above.
The stock could break out of a downward wedge + break the AVWAP above 1175. At the point the stock could start moving upwards rapidly. Long above 1175 with a stoploss below 1100.
Rice Auto is entering its last resistance zone before it could move into ATH territory. Once 120 gets taken out its open space towards an 18 year breakout.. Markets are currently hot and a cooloff could first happen to maybe even 98 but that might be an excellent zone to add more of the stock. Once it takes out 120 there is no stopping this stock.
A stock which was almost written off but got super lucky and survived the downtrend in the NBFC cycle. The market still treats it like it is going to shut down but the co is planning a big rebranding..has new lending partners etc.. The co has already been mentioned from 112 levels by me but now its trying to break the longer term downward trendline.. ABove 131...
A sector which has good tailwinds and get cash flow generations.. This stock has been flirting with breaking into ATH momentumm but has failed a few times.. Next time the stock breaks the wedge above 325 it could break into a territory its never close in on a weekly basis. SL for the trade could be 312 after entry.
HPL might be coming out of ASM next week.. If that happens the stock could move up further. Long above 134.50 with SL below 127. Expect a much larger move if it comes out of ASM around 5th July.
The stock could breakout soon into a fresh ATH. Its already had a wedge breakout after a long consolidation. Long above 375 with a SL below 349.
With the co giving an excellent guidance and the stock having dipped and bounced back Expect a breakout next week.. Long above 727 and 750 with a SL below 700.
The stock has been consolidating and has caught up to its moving averages. The stock could break out of a wedge nexxt week. Long above 830 with a SL below 785 for a quick move into the 950's..
A stock which has teased many times but now is on the verge of breakout upwards and could make a super move going ahead. Long above 2250 with SL below 2100. This co could be pyramided above 2300 too and why then the SL could be shifted to 2175.