This is why I am bullish on nifty, keep in radar auto stocks for swing. #Maruti #M&M #Escorts #Tatamotors
M&M being the most fav stock which have given breakout on charts with big volumes. One can add this as well to play auto theme.
Same pattern as Escorts, have given breakout from consolidation. 13000+ targets are possible in this counter as well.
Nifty Auto Index have given breakout on daily timeframe, Mostly auto stocks have given breakout on the charts, I published idea on banknifty when everyone was bearish on banks, look at banknifty now from when I posted, have closed above ATH weekly. everyone is running behind it. Same is going to happen in auto index as well. Will post strong breakouts in Auto...
This can give push to nifty to ATH. View neglected below Support line. Lot of Macro Economic Events planned for this and next week. Trade with very strict stop loss. May take entries in Bnf Components like HDFC and ICICI Bank
Current updates on Sugar Industry and ethanol blending progress from govt. of India may bring fresh run in all Sugar stocks. Dalmia Bharat is prominent leader in Sugar industry. Good Bounce from Support and have given breakout from downward trendline. Breakout awaited from base formation. Once this breakout is confirmed, we can take an entry for target of 2400....
Good Bounce from Support Narrow Range Breakout Target - 2750 SL - 2300 Do your own analysis before taking your trade. Happy investing
Weekly and Daily TF looks good to enter for target of 100 - 110 with SL of 80 RR - 1:3 Being very strict with market volatility keeping in mind with fed meeting next week. Any uncertain actions from Fed can become reason of correction in US markets.
Newly listed IPO KRYSTAL is trading at good support zone. Multiple times stock has taken support from here. RR is favourable Read the volumes on charts Double bottom bullish formation Wait for breakout above line on closing basis, don't rush to buy. Please read comments mentioned in charts. Do your own analysis before taking any trade.
SBICARD has given almost 0% returns after listing. Can it show some reversal signs from here. What if I Say, this can show some multi-bagger return from here. I know most of people will say I am crazy, but let us run through some facts before calling me crazy. ->Only Listed company in Credit Card Market. -> It is a subsidiary of India’s largest commercial bank,...
After Good run, good retrenchment is done. It is looking to resume its upside trend. Today stock has given good breakout from short term down trend. Potential Targets - 400+ SL is mentioned on charts itself. Please do your own analysis before taking any trade. Happy Investing..
👉Strong Breakout Seen on weekly chart 👉Compounded Sales Growth of 3 years 22% 👉Compounded profit growth of 3 years 22% 👉Stock Price CAGR 2% (Value unlocking is due) 👉Good Promoter Group Targets - 2000, 2500, 3000 Wait for retest Happy Investing..
Zee ltd is trading at 2020s COVID lows. There have been some positive developments in this company in last one week, where sony dropped all charges and allegation which impact Sony Zee Merger. Although Merger is off the table but dropping of charges is also big relief for the company. Company has given signs of reversal from demand zone and also breakout and...
Bandhan Bank was once everyones portfolio favourites and have been a patience tester for its investors. Currently stock price is trading at multiyear support zone and have formed falling wedge pattern around its support, gives good Risk to Reward Ratio. Company is trading at PE of 12.6 which is slightly above industry PE of 12. Company has declared good results...
Inverted H&S formation and good base formation. Looking Good once closed above 195 and sustains. We Can look 250+ targets.
Manappuram finance is ready for next move from here. Stock price is a potential multiyear breakout candidate once weekly close above 229. Company is trading at PE of 8.16 where as industry PE is at 22.9. Company has huge FII holding of 33% increased from 27% in Q2 2023 & DII holding nearly 10%. Promoter has marginally increased stake in the company. Strong...
Stock has come down from previous post with market volatility. But again bouncing back from support level. Fundamentally good stock and undervalued as compared to its peers. Consolidation is always good after multi year breakout. Once the stock crosses this consolidation area this may give one sided rally towards target of 500. Keeping in radar. Good RR Keep SL...
Bullish Engulfing candle at demand zone, One can enter once high of todays candle is broken in coming week with SL below candle. And can look for target of 1:3 RR. This is not futures recommendation, please trade in cash market and stay with wind peace. Please take advice from your advisor before taking any trade.