NSE:BHARTIARTL Bharti has broken below wedge pattern on a daily chart and seems to be accelerating towards 283 levels. Keep a strict stop loss of 315 and trade. Markets are volatile due to US presidential elections and you may want to take the bet after the elections, below 300 levels.
Mcleod Russel is about to breakdown from its current levels after minor consolidation. Current trend is bearish and it is likely to continue with a momentum building on higher time frame. Trade with caution
Exide industries is in Multiple-time frame Bullish trend and is breaking out of a flag after consolidation. MACD divergence indicates bears losing power. One can expect sudden and swift movements from this script.
Profit target: 220
Warning: 26th October is Result date for Exide. Trade with caution and stoploss.
Buy with A target of 610 over 4-8 weeks and with a stoploss of 525. do consult your advisors before taking trade.
Sale of the urea business has helped de-risk the company from policy uncertainties
Investors with a two to three year perspective can consider buying Tata Chemicals. The sale of the urea business in August indicates that the management...
NSE:GTLINFRA...GTL infra has signed tower sharing deal with Reliance Jio and has managed to convert its majority of debt in to equity in its latest meeting with lenders. These two combined with a mandate to sell this tower company in next 18 months makes it an opportunity play. please note the risks and consults your advisors.
Target Rs 13.50
stoploss Rs 3
NSE:LUPIN....Lupin is breaking down from 1500 levels. there is a multi-time frame weakness visible on both daily and weekly charts. Pharma stocks are known to react to news very sharply and sudden turnaround is not ruled out. Trade with caution.
NSE:GMRINFRA Infra major GMR Infrastructure Limited 's subsidiary GMR Airports Limited (GAL) has won bid for development and operation of Mopa Greenfield Airport in North Goa. The airport will be built under the BOT (Build Operate Transfer) model. Its total ordersize is Rs 3300 crore, sources say. The concession period for the Greenfield project is 40 years, which...
NSE:MRPL Mangalore Refinery and Petrochemicals Ltd has posted a profit before tax of Rs 1,137 crore as against Rs 509 crore for during the corresponding previous quarter. The profit after tax for first quarter of the current fiscal is Rs 720 crore as against Rs 405 crore in the corresponding quarter last fiscal. The gross refining margin (GRM) stood at $10.01/bbl...
NSE:GDL Gateway Distriparks: The company reported 84.9 per cent YoY fall in the net profit to Rs 9.7 crore for the quarter ended June 30 compared with Rs 64.1 crore reported in the year-ago period.
Technically after a steep fall, it has consolidated and ready to continue its bearish move towards 220-200 levels. Short at the current levels expect a first target...