ronak16125

ronak16125

Wipro the IT giant of Bharat has given us a cup with handle pattern. The buy point in anywhere below 545 and sell point is all time high. The company has posted consistent profits and has maintained its revenue in such difficult time for the industry. It has given a profit of 3000+ crore after 4 quarters and currently the stock is 30% lower from its lifetime high...

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Infosys the IT giant of India is going to form a reverse cup with handle chart pattern. The company although giving consistent profits has not formed a new high in the previous 2.5 years. Now after forming this chart pattern it may break its previous high. The buy point is 1910 an selling point is 2500. This will give a 31% return. The stock will achieve this...

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FMCG major ITC currently trading at 424.90 rupees is going to see a major jump in its share price from the current levels to the levels of around 590-600 giving a return of around 60% from the present levels. The analysis is based on cup with handle chart pattern which can be seen in the chart posted with this analysis. the target will be achieved within this...

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There is a cup with handle pattern as shown in the chart. The technical target of first pattern is 53.55 and the technical target of second pattern is 62.10. The technical targets are supported by good financial results of the company in the past few quarters. Previous quarter also the company performed well and showed its highest ever net profit in the past few...

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ASIAN PAINTS has given a buy signal according to range bound trading strategy. The lower limit of the range is 2707.05 and the upper limit of the range is 3500. The stock has covered the range three times in the past. Although the March 2024 quarterly results are not as good as the previous quarter but with increasing demand of residential projects in Bharat(which...

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5Paisa Capital has given a buy signal according to V20 strategy of famous youtuber Vivek Singhal. The lower limit of the range is 544.15 and upper range is 697.30. The stock is currently trading at 536.35. This will give us a 30% return. The upside potential is quite good keeping in mind the present situation of the market. Please do your own analysis before...

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Kotak Mahindra Bank fell 10.87% today to reach levels of 1642 today which was first achieved approximately 4.5 years back. This fall was because of the news that RBI has barred Kotak from onboarding new customers via online, mobile channels. This is because the tech of the company is not up to the mark causing a lot of inconvenience for customers. These are very...

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SBI CARDS is currently at it's lowest ever P/E. It is trading at 28.5 P/E while its lifetime median P/E is 54.4. It is constantly posting good revenue and profit which makes it a very highly undervalued company at its present price and P/E. It can be considered a good buy for both short and long term. Trade can also be taken on the basis on range bound trading...

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Bandhan Bank is currently 76.58% down from it's lifetime high at a time when all the indices are at their peak. It is currently highly undervalued and I do not see the stock going down any further from this price point. The company is showing constant profits and the sales have been increasing. The share should be at around 500 levels at least. Do share your views...

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Tanla Platforms Ltd which may had been a multi-bagger stock for many is currently 62% down from it's lifetime high and hasn't given returns from past few years despite strong balance sheet and profits. At a time when the whole market is up such precious gems which were talk of the town during pandemic period are currently undervalued and available at dirt cheap...

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Dr Lal Pathlabs one of the largest players of healthcare industry in India has a beaten down stock price currently. It is approximately 53.29% down from it's lifetime high. There is not a single reason for such stock price. The company is posting good results and is consistently showing profits. But the stock is highly undervalued. It is a good time to buy it as...

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CAMS Bharat’s largest registrar and transfer agent of mutual funds has given it's highest ever quarterly sales and profit ever which are 269 crs and 86 crs respectively. Also the chart patterns shows a reverse head and shoulder pattern. So we have a stock which is posting it's best ever numbers in its balance sheet which are supported by strong chart patterns. The...

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Coffee Day Enterprises Ltd. which runs cafe chain with brand name Cafe coffee day is trading at a current price of 53.2 rupees but it's book value is 146. Its around 2.744 times book value. The company is running and generating profit even after the death of its founder years back. It shows that the management of the company is keen to take the company to new...

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Lux Industries chart if back-tested shows that it has traded in a range between two price points 1123 and 1559. The range is around 40% wide and today the stock has touched the bottom of the range. After touching this price it has touched 1559 in a short period of time in the past for a total 4 times. The years in which the range was covered are 2017, 2019,2020...

ronak16125 Updated 

lower limit- 2181.25 upper limit- 2753.25 cmp- 2455.20 gain- 12.1% from cmp Rangebound trading strategy in reliance, target will be achieved by 18/08/23

ronak16125 Updated 

Buy Reliance and hold it for 2-3 months. It is the largest company of BHARAT and also the most profitable company. It is a good company for investment purpose.

ronak16125 Updated 

Reliance the biggest company in India is ready to give an upside of 23.5% to reach a level of 3200 in the coming months. It is the best time to buy the elephant now. Beautiful cup with handle pattern supports the uptrend of this stock. Please follow if you like my analysis. Trade or invest at your own risk

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Crisil Ltd. the famous multibagger stock of Late Sri Rakesh Jhunjhunwala portfolio has posted its best ever quarterly result, revenue of 918 cr and net profit of 210 cr. For the first time ever it has crossed 200 cr quarterly net profit. The yearly sales has also crossed 3000 cr and net profit of 650 cr for the first time ever. It is an excellent result by the...