Emerging Real Estate, Infrastructure (nal jal yojna) & PM Aawas Apollo pipes ltd is having good dealership network in north India, once they spread across the rest of the country, they will undoubtedly at among top players in upvc and pvc pipes.
one can bet on their stock for coming 3 years, buy strategically at current level 538-542, accumulate more around at 494 finally buy more at 430 for the first target of 600 second target at of 750 finally book profit at 900 all above targets are likely to observe by the end of December24 to January 2025.
This is not a buy recommendation, this is my personal idea and view for upcoming 6 months to 3-year time frame, one should take advise from his financial advisor before investing.
Refer Chart for Logic and Analysis methodology.
Watersolutions
US Stock In Play: $WAT (Waters Corporation)U.S. stocks climbed to record highs on Monday with both the Dow Jones Industrial Average ($DJI) and S&P 500 ($SPX) hitting a new record close. This is on the back of a strong bounce in U.S. job growth and solid data in the services sector raised expectations for a swift economic recovery from the pandemic.
$WAT rallied +3.84% to an all time high closing of $295.65. The bullish momentum witnessed on Monday have $WAT also breaking out of a 7 month structural trend channel, setting sight for further upside in the immediate week.
At the current junction, implied volatility of $WAT remains 25% away from its 2021 peak of $7.80, while $WAT remains merely 1% away from its all time high traded price of $299.
$WAT a specialty measurement company, provides analytical workflow solutions in Asia, the Americas, and Europe.
SELECT ENERGY SERVICES INC - NYSE: $WTTR Nears Critical LevelAfter recapturing its 200 DMA in early Spring (March), the shares of SELECT ENERGY SERVICES INC - NYSE:WTTR have been trading in a narrow range working on its right-side as we can observe in the Daily chart above.
While the stock has made no real progress recently and continues to trade range-bound, WTTR nevertheless remains in decent technical shape trading above all of its important moving averages 20/50/200 DMA's, which displays a healthy technical picture.
Additionally, if one were to extend the time-frames out to both the Weekly and Monthly durations, we can see that WTTR is potentially forming and inverted H&S pattern that should it complete, would likely carry the stock to much higher levels on a longer-term timeline.
That said, both investors/traders may want to continue to monitor the action moving forward for if WTTR should take-out the $13 level at any time in the days/weeks ahead, such development may set the stage for a move into a primary $16 objective and a possible measured move into the $18-$20 zone down the road.
Thus, WTTR finds itself a stones throw from a critical level ($13) and both investors/traders may want to put the name front-and-center on their radars for further clues/evidence that a major move may be nearing in the offing.