SWASTIKA INVESTMART Growing stock brokerage firm Swastika Investmart, listed in Bombay Stock exchange, trading very cheap in comparison to its peers. Swastika has an Earning Per Share of Rs22 , FV of 10 and is going to become a National Brand. MUST BUY & Hold for 5 to 10 years time frame. The stock price is expected to rally 10 times from current levels.
The resistance at 40k stood strong, with next leg headed lower towards the 30k and a break below shall trigger further decline to 20 - 15k area, as estimated earlier. We must close over 42k soon to negate our bearish view.
PTEN listed on US markets, formed an inverse head and shoulders pattern, poised for a faster recovery to $15 and then $25 in the coming months. look to buy with stop loss kept below the $6.50 support level.
Multibagger Stock Pick KELLTON TECH - Buy CMP 78. Target Rs140 Kellton Tech Solutions Ltd. is an Indian IT, outsourcing and software development company headquartered in Hyderabad with offices in US and Europe with market cap of around 727cr, trading on a PE of just 10.9, ROCE at 20.7%, Book Value of 46.7, Face value of 5 and has a promoters stake of 55.85%...
DODOUSDT - Trading in the sideways congestion, poised for a bullish breakout and may target 1.90/2.48 in the short term. Look to buy with small stop loss at 1.60.
WAVES - Trend line support, Neckline support, Bullish Engulfing, N pattern in the formation. BUY WITH STOPS BELOW 11.00 Targets $25/40/75 long term.
CHZUSD - may initiate fresh bullish leg up towards the 0.29 and then target 0.34 near term. Small stops placed below 0.27
NEO to surge soon and target 66/74 levels, stops below 52.
BNBUSD gave a bullish breakout over the sideways congestion, with immediate target zone seen at 425 with next at 485/525 short term. Near term traders may place 378 as stop.
LRCUSD - bullish breakout expected on the inv. head and shoulders bullish reversal pattern, target 0.48, stops 0.35
NH witnessed heavy accumulation, poised for a limit up today, shall target 750 in the short term. Quarterly Net Profit at Rs. 27.60 crore in March 2021 up 432.3% from Rs. 5.19 crore in March 2020. We expect further rise in profits in the coming years and that shall trigger massive up move.
SXPUSD DOWN token trading near its previous bottom of $3.40, may gain strength to form a Bat Pattern and target $5.00 near term. Small stops placed just under the $3.00 mark.
The recovery from the low is facing a major test at the near term barrier of 37350, if the resistance holds strong, may retest the 34k low again. A clear break over the 37400 shall extend recovery higher to 40/42/45k levels.
Buy DATA at 0.085 stop 0.07, Target 0.092/0.11/0.123 Short term. Bullish breakout on the near term resistance with next breakout expected on the inverse head and shoulders pattern.
DREPUSD - Bullish breakout with increased volumes suggesting a turnover to 1.13/1.80 in the coming weeks. Stops below previous day's low.
WRXUSDT - Fresh Breakout - Added further for target of 2.20 and higher
SKLUSDT - broke over the falling wedge pattern, hints strong recovery towards the 0.75/0.87/1.06 in the short term.
Long term supports at $0.19, recovered to trade at $0.25 now. Expecting it to form a bottom here and target $0.50 short term.