Roopesh80

Roopesh80

RBL was a Rs 700 stock, before falling from grace....we are clearly in a support area and i envision 2 paths for this stock, note the tight downward channel on weekly....there is buying interest with huge upside potential...Although stocks have a habit of making multiple trips to support area before an actual reversal, don't expect anything major for a while, but...

Roopesh80

I'm torn when it comes to this stock, it is a decent bank which had bad leadership and it has paid the price for it. But fundamentally, this is still a good stock. I see 2 scenarios, it can go to INR 10 per share, or if it respects the channel, I'm expecting a breakout anytime soon. Remember, market makers like to shake out retailers from any position, before the...

Roopesh80

Hathway Cable has been on a downtrend for a while. While it has Jio holding a substantial portion of it, it hasn't rallied as expected. But my view is that it is coming to a critical zone, it has support of one of the biggest companies in India, its financials are quite decent. Buy a little with every dip, and what i drew on the chart is how I envision the stock...

Roopesh80

Nasdaq has rallied and recovered losses for today. From a candle perspective, it isn't that big on daily....but....depending on data tomorrow, it may run up heavily to 18600+ or knowing institutional traders, they might go slightly above the ATH, gather all the FOMO buyers and then dump it to the FOMC candle on 4 hr chart which is around 18000. trade the day, it...

Roopesh80

US 100 is currently moving in a bearish channel. It could turn out to be a bull flag or a start of huge capitulation move....We don't know.....What I do know is as a day trader, I will sell at upper end of channel or last heavy resistance and buy at lower end of channel. My profit target is consistent at 50 pints conservative and 100 points if the market really...

Roopesh80

Delta Corp has been consolidating after that insane GST news, and forming an inverse head and shoulders pattern....Any break above 160 with volume would signify a strong trend change...I have started investing little by little, my target is 450++, take positions at your own risk....

Roopesh80

BCC has been respecting the major trendline in white and has given an impulsive move from the trendline, I'm expecting a similar move from the current levels, as it is forming a bullish flag pattern....You can enter this as a swing trading opportunity or a long term investment....its a Bajaj company after all.....My target is 540+++....Use proper risk...

Roopesh80

If Kitex breaks the key monthly resistance level, we can expect a measured move....You can expect 4x returns, but you will need a lot of patience...I'm already invested and will stay invested till it reached 800+....Happy Investing...

Roopesh80

Formed Head and Shoulders, will wait for it to break and reach demand zone and then will start accumulating....

Roopesh80

I see 2 potential scenarios....Right now contraction is happening before expansion....I believe the worst is almost over for this stock...I'm a long term holder so I'll be accumulating at this level and lower if possible. I already have positions from 30 levels, will add if it pulls back to support. I will of course start offloading from 100 levels little by...

Roopesh80 Updated 

This stock has been beaten up quite a bit, This stock has been consolidating for a while now. I have personally taken a stake in this stock as i believe most of the negatives have been taken into account, and tech and AI are the future. I believe it will touch the upper end of the channel in a year or 2.

Roopesh80

Emkay is making some wonderful moves lately, I've been tracking the stock since covid....I strongly believe this a potential multibagger. My target is 1000 but you could also aim for around 450-500 if you don't have the patience. i have invested in this stock and will hold it till price action tells me otherwise...

Roopesh80

ICICI Pru Life is among the top life insurance companies in India...I have a policy from them, thats doing decent (ULIP) and i have a sentimental side as well...I used to work there... That being said, I believe it can definitely go higher, so I am long this stock and my target is 950+....My exposure is only 5% at the moment and I intend to increase it to 10%...

Roopesh80 Updated 

I am pretty neutral about delta corp. On one hand you could make the argument that it is forming a bull flag pattern.....But with whole GST fiasco, I'm a bit skeptical..... However, does gambling and drinking really go away? As long as there people who are willing to spend, these activities will exist. I hope the GST council comes to it senses and makes...

Roopesh80

An Excellent company with excellent revenue and balance sheet. My target is 500+....Accumulate and hold till target, you also get dividends while you wait....

Roopesh80

Once a darling of banking investors, it has seen better days....Fortunately almost everyone came in to rescue this bank from going into oblivion....The foundation is strong but due to shoddy management by the ex-CEO it has tumbled down....But, I'm hopeful, and this is the best case scenario I can think of....I'm not going to recommend a buy or sell, Its more of a...

Roopesh80

TV Today has decent financials and pays regular dividends.....But will they be able to face challenges that come with digitization? That is a serious question as it will affect their business going forward. But I'm looking at this 70% bias on technical analysis and only 30% bias on fundamental analysis. I'm initiating positions in this stock but target would be...

Roopesh80

Amara Raj Batteries had a sweet correction and is slowly climbing up...Fundamentally they are a really good company, with good financials and a healthy balance sheet....I'm hoping they start investing heavily into EV segment and this could really propel this stock to new heights, I am currently buying this stock on every dip and will only sell after it crosses...