FMCG stocks are rallying. The reasons, be it sector rotation, Rural demand pickup signs, Safe during recession. etc. Nestle India and some FMCG stocks didn't move much. I already invested in ITC & Hind. Unilever. So, want to trade Nestle India. There are some -ve news like high added sugar, competition for this company. So the move can be either ways but we...
Borosil Renewables is in the same range from Jan, 24. High volumes are followed by very low volumes. Accumulation may be happening. 560 1st target if it breaks out. Short SL or dip is 485, long SL or exit below 465-466. Keep on radar.
Observing Good news in Tata Power and Tata Motors. Price is in range from weeks. -ve is Sector rotation can happen - money can flow out of power stocks. +ve has edge for EV charging stations. Protecting capital is must. Keep SL of 400.
Stock has volumes recently. After that price fell but with less volumes. At trendline support. Festive season coming. EMIs will pick up. Highly priced stock. Enter with a short term target of 230, 250. If it crosses 250 resistance with volumes an easy 10% move can be expected. If you are trading , exit few at 230, 250 and keep some for upmove. Protect your capital.
I am already in Metropolis trade. Holding 20 @ 1700/-. Stock is now at resistance, it should move higher if it breaks out with volumes. Keep an eye out for Diagnostic stocks. Viral infections, diseases on raise this year. Diagnostic stocks rallied some of them at All time high some are trying to reach there. Metroplois, Krsnaa are still away from ATH. Vijaya...
Slowly going past all time high. Clear break out can take the price to 3000/-. Upcoming +ves are companies say rural spends starting to raise slowly. Festive seasons. Near term -ves are Fed rate cuts and profit booking. I already invested from 2400 levels. Not taking any trade. Will add if price falls to 2400-2500 again. Only until fundamentals doesn't...
Price didn't fall much after dividend payout. Trying to go up. Trade carefully.