mishraparimal09

mishraparimal09

Levels - Buy - CMP T1 - 250 SL1 - 230 T2 - 280 SL2 - 220 The stock has turned around from its interim support after dipping to the level of 232. It is expected to witness the levels of 240 and then 280 in short and long term respectively. The target levels and their corresponding SL's are listed above. The primary reason for this anticipated up move is the...

mishraparimal09 Updated 

Levels - Buy - 432+ Target - 470 SL - 418 The stock has tended to show a strong up move in the month where earnings are reported. The trend has been consistent over the past year and by looking at the current outset of WFH and COVID-19 second wave, it is most likely to continue. The quarterly and annual results will be announced on April 15, 2021, which might...

mishraparimal09 Updated 

Levels - Buy - Any dip the CMP or it breaks above 628 T1 - 645 T2 - 700 SL - 610 The undertone of the Pharma sector is bullish amid the second wave of COVID-19 hitting India. Sun Pharmaceuticals has the largest market capitalization and is currently trading at half the price of its all-time high which was close to 1200. The stock has seen a major correction from...

mishraparimal09 Updated 

Levels - Buy - Any dip below the CMP T1 - 94+ T2 - 115+ Stoploss - 83.55 (Low of April 5, 2021) The stock doesn't belong where it is being traded. It has rallied close to 10% in 2 trading sessions although the Indian Market ended in the red on April 05, 2021. With metals in focus and recent numbers released by SAIL in concern with significant debt reduction and...

mishraparimal09 Updated 

Levels - Buy - 1014+ T1 - 1040 T2 - 1080 SL - 990 Indian IT Sector stocks are hitting all-time highs. Keeping this undertone in mind, TECHM is a strong candidate to buy due to the following reasons: 1. So far TECHM has not participated aggressively in the rally 2. Organization has seen some major tie-ups with large tech companies in the previous quarter 3. Flag...

mishraparimal09 Updated 

The stock has formed a flag pattern on a daily chart and today's movement indicates a flag breakout. The stock has a 52-week high of ~52.55 which is expected to be tested in the April series. Levels: Buy - CMP or place a GTT order for purchase at 44.80 T1 - 47+ T2 - 49+ SL - 42.75 NOTE: These findings and levels are purely based upon the knowledge and...

mishraparimal09 Updated 

IDBI Banks firstly had a breakout of the cup and handle formation. It was immediately followed up by the flag breakout pattern. These breakouts have led the stock to rally for more than 33% in merely 7 trading sessions. The stock opened up with a circuit of 20% on NSE today but witnessed a strong sell off due to several factors such as rising US bond yields,...

mishraparimal09

The stock analysis was carried out on Feb 9 in response to a question asked on a social media platform and thereafter it has rallied. Read the reasons behind the pick below. PNB shares appear to be the better option amongst PSU Banks. Reasons supporting the pick: 1. Second largest PSU Bank in terms of market capitalisation. 2. PNB’s merger with United Bank of...

mishraparimal09

Indiabulls Housing Finance has seen a correction up to levels of ~80 from the level of 300 in March 2020 i.e before the lockdown was imposed. The stock has shown a significant recovery thereafter and has shown an upside of more than ~200% from the lower levels of ~80 within a year. Looking at the current status of the stock, the levels of 250 is looks...

mishraparimal09 Updated 

TATA POWER has been rallying from the level of 80 and appears to be consolidating for a follow-up rally up to 100. The stock is being traded-in good quantity daily and there has seen significant additions in the segment as well. Buy - ~88 T1 - 92+ T2 - 100+ SL - 87 Triggers - Improved earnings reported in Q3. It has been said that the business hasn't been...

mishraparimal09 Updated 

The stock can give a good move up to the level of 145. Buy - 134+ T1 - 137+ (By 07-02-2021) T2 - 145+ (By 12-02-2021) SL - 132 Triggers - Better earnings are expected to be reported for Q3. Announcement concerning scrappage policy in the Union Budget is considered good for the automobile's commercial vehicle segment.

mishraparimal09

Research pick: Reasons supporting the pick: 1. Second largest PSU Bank in terms of market capitalisation. 2. PNB’s merger with United Bank of India and Oriental Bank of Commerce has improved the PAT (profit after tax) for three straight quarters of FY21 i.e ₹ 538 crores in Q1, ₹ 576 crores in Q2 and ₹ 747 crores in Q3. NII has been improved over 80% on a YoY...

mishraparimal09 Updated 

BPCL's price action has been in the range of 360 to 410 for the past 4 months and it has made the level of 400 as strong support. The stock is expected to show an up move to the levels of 470+ in coming weeks subject to the fact that it breaks the supply zone of 428-434 which has been acting a strong resistance for the stock. Buy - CMP or ~411 (if it experiences...

mishraparimal09 Updated 

HP NSE:HINDPETRO CL had been consolidating close to a year now. And by looking at the pace of recovery of the Indian economy and keeping the earnings season in mind, HPCL seems to be ready for an up move. Price levels are as below - Buy - ~ 212 + ( stock respects the support level of 210 ) Target - 235+ SL - 208 Influencing factors - 1. Budget...