SELL near to out 1st target of 295 as 1.61% retracement as going up as dividend of rs 11.45 per share in it can again be bought near to 248 level once profit is booked
TATA POWER-- near to our head and shoulder trg of 280 in 5th wave likely to cross previous top of 280 and likely to hit 313 , 345 as marked in chart.
after breakout of 430 range and ex-dividend of rs 8.50, head and shoulder pattern observed, first trg of 3rd wave 480 and 2nd trg of 560.
after taking support at 52 broke of trend line today and was above 20 and 50 days moving average . Now will target 200 days moving average at 72.10
SHOWING promise of bottoming out once crosses first 592 and then 610 will target 690 ,795 . 84 days down/sideways cycle ended on 31st august since then showing promise of bottoming out.
accumulation going on between 77 and 83 once crosses 84 level you wil see power returning and on breakout can target minimum 94 level. PE 8.9 BOOK Value 92 dividend yield 1.87 . roce 15.4 .roe 12 .DEBT free. clients HUL, JYOTI Capex of 435 Cr funded from internal accrual . New capacity to come up in next quater.
MOIL consolidation on in 3rd wave company has been continuously giving higher output and making higher lows in weekly chart since 2017. company gives dividend twice a year of rs 3 and 3/4 , announces buy back now and then enhancing shareholder value. book value 110 ,ROCE 15 % ,ROE 11.3% . debt free company. manganese ore producer having market share of 45% of...
IB REAL WEEKLY -Consolidating before meaningful up move once crosses 68 you will feel power coming back .making higher low and completed small a,b and c . 1st strong upmove to begin soon. can be bought with a small stoploss of rs 61
VERY promising share book value 300 ,PE 6.36, dividend Rs 10, ROCE 13.4 ,ROE 10.9 . Only problem is company result were not good due to crude prices but this qtr they have stabilized hence result to be good. Third wave has begun and targets are minimum 220 and 245
I see a breakout from consolidation in Inverse head and shoulder pattern . I have a target of Rs 280, 345 of 5th wave All targets marked in chart of fibo retracement.
BALMEIR LAWRIE---DAY CHART --buy near to 142-43 price is inclusive of div Rs 7.50 and expected bonus in future as board meeting had postponed bonus some months back but going forward inverse head and shoulder pattern seen in weekly chart and price target of 174-180-184 can be expected.
we are near to trend resistance sell here and buy on subsequent retracement to 62-63 level level
after bottoming out at 1240 share is showing positive movement and fibo ext is showing a target of 1740-50 .
likely to breakout in a day or so buy with small stop loss of 50 paise target of upmove are 7.25 9.25 a dividend paying company result on 14th august