The company has acquired several new projects and look on a good trajectory for further healthy revenues with increased margins. The buying can be initiated from the above mentioned levels for given targets and stoploss
The stock had taken a meaningful correction as well as the Gold prices also on the verge of breakout. As per the chart stock is trying to break free from the clutches of 200 WEMA which will boost it towards the life time high and once the high breaks, it will be in open territory to go for the above mentioned targets.
The profitability is in the decline phase and technically pointing towards the head and shoulder with the support of volume and with interest increasing we can see some profit booking at current levels on the stock.
Nifty is showing rejection from the higher levels and with Fed latest comments the interest rates will see a sharp spike and the result will be felt by the economy especially certain rate sensitive business will feel the "pain". Technically also any sustenance below the levels of 17540 will open give some more pressure to nifty. From the indicators point of view...
The earning are not justifying the price as well as with increase in interest rates and dominance of the OTT platforms surely affecting the future projections. Technically breaking the upward channel, the same is also supported by the RSI and volume.
Nifty is showing divergence on 2 hours chart and currently at trend line resistance which is a big resistance and any rejection from this point will give a good downside
As per the current geopolitical situation, India is also at the point to upgrade its air-force fleet on the numbers as well as modern technologies which will be huge advantage on for this stock. On the charts we can see rounding bottom formation with a hammer in the last weekly candle One can take positions in the futures with a view of short term ranging from 3-9...
As we have seen a good bullish momentum from the market mostly due to short covering by FII and market is expected to give dual side momentum. The view is to proceed with longs but with caution around major psychological points.
As per the charts one can follow the above mentioned levels buy using buy on dips strategy. It is moving in upward channel and the technical indicators outlook is looking good for the 2-3 % rally in short term. As on the Higher time frames it is bullish so we can go long with given stop loss
Nifty is continuing its bullish momentum and as per the price action and fundamentals it is still looking bullish with above mentioned targets and stop loss. On price action it is in upward moving channel with good supporting volumes and the sufficient news as fuel regarding the upcoming future investments from Japan.
Gold has finally given a breakout above 100 and 200 dma with full volume and as the fundamentals of the global economy are playing out. We can hold the position for the above mentioned targets.
The stock had been in down trend for past 1 year and now trying to have some bottom formation around the support zone. It is expected to go in some consolidation before making any reversal signs. The trading can be done for the above mentioned levels.
The company has given a steady growth from last 3 quarters and stock had taken a healthy correction from its high. Currently it is consolidating between 100 and 200 dma forming tripple bottom and is expected to give a good breakout
The stock had take a meaningful correction after the covid rally and is currently trading at good PE and book value. The stock is trading at par weekly moving averages and seems to be looking at bottom formation
The cement sector enjoyed low prices for coal but now as the prices are moving higher and the poor growth seen in ultracemco results is creating a problem for whole sector. We can expect a small correction in the same for resuming the uptrend again in overall sector
The stock has taken deep correction with consistent quarters as the whole sector was negative but currently it has given closing above 100 week moving average and expected to give some pull back rally before quarterly earning.
The company is having healthy incremental quarters and the whole sector is bullish. The stock is looking good to buy around 20 week moving average for the above mentioned targets with given stop loss
Infrastructure boost will be the expected theme in the budget and already made triple bottom. We can surely look forward to the above mentioned targets as currently it is holding above the 20, 50 dma