tanrakesh

tanrakesh

3rd wave breakout today will show more power once crosses 289 buy on every dip . longs have a target of more then 380 in long run and 340 in short term .This is a metal stock with zero debt and promotor holding of 74 % approx.

tanrakesh

This metal company's EPS TTM is 20.42 INR, dividend yield is 2.53%, and P/E is 13.46 and zero debt. currently in wave 3(2) once crosses 287 will show real power as it would be 3rd of 3 wave and fibo ext is showing trg of 338/269/388, currently in flag formation and share getting accumulated. Buy at every dip .

tanrakesh

IFGL export metal stock with EPS of 21 and managment holding of 75 % and institutional holding of more then 10 % gave a breakout above 272 is in 3rd(2) wave buy near to 276-77 level for a target of 340,362 /380 if trades above this then new high possible.

tanrakesh Updated 

In refractories business EMA10,20,50,100 RANGE FROM 160-262 ,EMA 200 269. Contracting triangle forming base at 258-262 range buy with a stop of 254 , soon to breakout of contracting triangle. Look at RHIM which is trading at 870 range in same business promotor holding of more then 70 % in both the companies in IFGL institution also hold 11 % and share...

tanrakesh

heading toward 700-721 level book your profit MACD giving sell negative divergence . fundamentally overbought and valuation streached

tanrakesh

Hourly chart suggest sell as MACD is in OVERBOUGHT zone and slow and fast moving averages cross over. RSI is also comming down from 90 level .As 5th wave got completed at 835 level and volume at that level was very high suggesting down loading by bulls lively to correct till 710 level.

tanrakesh

BASF has given good result in june 22 and sept 22 results are to be announced on 10th nov. moving averages 10 SMA- 2819 , 20 SMA- 2835 . 200 SMA 2836. Public float of 17.50 % . Won sales tax case of 750 Cr approx in high court. 1st wave top 3500 and 2nd wave correction looks complete at 2725 once crosses moving averages of 2840 you will see real power . I have a...

tanrakesh

indian motor parts ltd having a book value of more then 900 and TTEPS of 73.78 gave good result inspite of high raw material cost. Dividend yield 1.73 . EMA 10 is 750, EMA 20 is 747 , EMA 200 is 756 .EMA 50 is 747. soon to breakout of contracting triangle today volume rising, accumulating since last one year and TODAY TRADING ABOVE ALL MOVING AVERAGE buy for a...

tanrakesh

vedanta is a buy after very strong moves and after forming second down wave is making a move of 3rd wave we have a target of 470 . buy on every dip and some market grapewine are suggesting a bonus/ second big interim may be on the card. first target as per trend analysis rs 354-57 .

tanrakesh

BASF- is a strong buy company continuously giving good result and bumper result expected on 10th Nov 22. Buy for a 3rd wave target of 4550 . accumulate on every dip.

tanrakesh

approaching make or break level if closes below 900 level would be long sell. Tread carefully with your holding as conversion of warrants may also be near.

tanrakesh

on weekly chart we have targets of 202,274 and 390 and 507 as per fibo retacement and inverse head and shoulder breakout buy and hold for longs multi multiplier stock company doing very well and likely to report higher GPM and turnover.

tanrakesh

most of the target achieved and negative divergence in weekly chart

tanrakesh

UFO MOVIEZ--after correcting from 700 in covid times due to non release of moviez this stock corrected from 700 level to 65-68 range .It is a high dividend paying stock 2018 ,19, 20 paid 12.50 , 30 ,15. ANCHOR investor have taken stake at 98 level THIS STOCKS 1ST TRG 152-55 and long TARGET OF RS 400-500.

tanrakesh

as per weekly chart we have a price target of 680-90 . Expecting bonus this year as since listing this might be its first bonus after listing UNDER RHIM Group

tanrakesh

buy for a target of 91 .Today we got a breakout with high volume after consolidating for about 3 months . Rail business to perform well and discounts previously given have been withdrawn due to good demand .crude prices have also cooled down.

tanrakesh

head and shoulder breakout and wave count suggest 2 nd wave is over and 3rd wave target of 649 min with low equity in hands of public this multinational script to soars to newer highs quite possible a bonus might be on the cards and some news/ rumor of merger of one big company in RHI .

tanrakesh

buy today in the range of 142 get rs 4 dividend as ex date is 22 august . once crosses 146 level you will see real power and will target minimum 152 and above it 164