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Pfizer - Target 2700-2800 in 10 MonthsPfizer, probably the only pharma company in India that is going to make a new high. The pharma sector in India is in a bear territory for the last couple of years. Having found a stock in this sector that is yet to make a top is like finding light in the dark. It's good news for those who have significant exposure in this sector. It's not going to do much for them but something is better than nothing. But one must get rid of this stock as soon as it touches the level of 2700-2800, do not get optimistic when it does that. I repeat do not hold it beyond those levels.It will be too risky. When time is up, it's UP !
BSE:PFIZERLong
by UnknownUnicorn2595495
2
Tata Motors - Bright / Not Bright - Short term shortingTata Motors - the stock is treading lower with every passing week and will continue to do so until November of this year. What has to be seen is the price level.We are expecting around 280, however, the carnage could take it lower, depends on how hard the FII are involved in the selling. But we believe the low of Feb 2016 @ 266.00 should not be broken. Because if it does then the future of Tata Motors is bleak for coming 6-7 years. And in my personal opinion Tata Group is the best Indian company with least to no manipulation of its stock prices.
BSE:TATAMOTORSShort
by UnknownUnicorn2595495
LOTUS CHOCOLATE - HIGH POTENTIAL AHEAD...LOTUS CHOCOLATE CMP 51 STOP 39 TARGET 82 PLUS Weekly Chart 1) Stock clears 200 period ema with huge volumes and currently consolidating with low volumes, possibly a penant pattern structure formation. 2) Stock has the potential to go towards 80 plus. An important fundamental reason apart from the above technical pattern is, globally cocoa price has begun its uptrend journey. Cocoa price has cleared a major resistance at $ 2225 in weekly chart preceded by a multiple bottom formation (4 bottom formation), possibly heading towards 2800/3000.
BSE:LOTUSCHOLong
by scorpiomanoj
Nifty ready for Wave 3 and break to new high ?With positive global market performance, Nifty looks like it completed the wave 2 and to see a gap up tomorrow seems to very high, the rally tomorrow will be wave 3 if it breaks 10550 area and ultimately to complete the wave 5 towards 10600. Price is in a channel under a bigger channel, we have already tested the bigger channel support last week and now it is in the inner channel and succesful break out tommorw above 10550 will confirm the next leg up. If in case 10400 is broken to the downside then this set-up will be invalidated.
NSE:NIFTYLong
by rf16saun
6