Positionalcall
Buy Tata chemical on dipsAs can be seen the price has come out of the cloud on weekly basis. Concerns are flat future Cloud B line and weak than broader market of Nifty.
Nonetheless can be added in on dips
Buy Sudarshan chemical for long termAs can be seen the price has had a close in line with nifty and historical price shows that not once the price has closed below the cloud. This is a very bullish scenario. This stock can be included in PF to create wealth.
Buy JK Paper on dipsAs can be seen the current price action has been been very steep. One can wait for throwback to add for a positional call. All indicators are in favor for a long position.
Buy Maharashtra Seamless on dipsAs can be seen the price is trading above the cloud. the Awesome oscillator has also turned positive. However weaker than the Nifty currently. nonetheless can be added on the dips. Conservative investors can wait for couple of weeks to check how it moves from here.
Buy Aarti IndsAs can be seen the price is in a strong trend upward not going below the kijun. the stock can be added for long term on major dips.
Buy on dips for Renaissance JewelleryAs can be seen the price after moving out of the cloud is coming back in to test the cloud support. Concerning is price is weaker than nifty right now. Price can test deeper in the cloud in the next move downwards. Future cloud B line is going flat and Cloud A line converging is also a concern. Close below the cloud will make the price test the 200 EMA on weekly TF.
Buy Kiri inds on dipsAs seen the price is moving in tandem with Nifty Currently trading above the cloud and narrow range. Also trading above 50 and 200 EMA.
Buy Texmaco Infra on dipsAs can be seen the price action is stronger than Broader market Nifty. price is comfortably above 50 and 200 EMA. Cloud A and B are moving upwards as well.
Accumalate or neutral zone in Thomas CookAs can be seen the price is taking support in the cloud. Currently is in accumulate zone as seen from previous entries in the cloud zone and the way it has always been a support for the price. Look to enter after this week candle formation and next week price action to confirm whether to accumulate or look for exiting the issue once price closes decisively below the cloud.
IBREALEST Short term Positional Call India Bulls Real estate Trading technical call for medium term
CMP: 235, Closing Based SL 209, Targets 248 255 265
For educational purpose only
