tanrakesh47815

tanrakesh47815

LRHR stock diamond formation in stock A diamond formation in stock trading is a technical analysis pattern that signals a potential reversal of an uptrend or downtrend1 . It's called a "diamond" because the trendlines connecting the peaks and troughs of the stock's price action form a diamond-like shape. BUY on every dip for multiple return we have a 5th wave...

tanrakesh47815

particular stock is making higher low continuously and might be in multi year bull run once breakouts of trendline you will see vertical rise .

tanrakesh47815

we are in last leg of correction every dip to be bought into for multiple return LRHR stock. 4th wave might end soon , once breaks out of contracting triangle will show more power

tanrakesh47815

low PE, High book value and intrinsic value, . Market share 55% in seamless pipes segment -New generation offshore jack up rig operating at 98% efficiency on 3 year contract with ONGC -C capex of ~Rs. 852 Cr (through internal accruals), distributed in Narketpally (USTPL) ~Rs. 264 Cr, Mangaon (MSL) ~Rs. 195 Cr, Nago thane (MSL) ~Rs. 393 Cr. additional working...

tanrakesh47815

Monday important will it break or pull back.. corrective rally in progress and to end soon. Once correction is over you will see fast rise in 1st wave of 5th. At important juncture. We have a target of 540-550 .As cash rich and bonus candidate stock.

tanrakesh47815

low PE, high book value with good div yield and good book value stock—Market Share a) ~55% in seamless pipes segment with manufacturing facilities at Nagothane & Mangaon and Narketpally . b) ~18% in API certified, high frequency ERW pipes with manufacturing facility at Nagothane . Zero debt company. Also, there are no ICDs or corporate guarantees outstanding as on...

tanrakesh47815

Negative divergence is being observed in 3rd( 5) wave sell on rise as fast rise seen in perticular wave . exit your longs

tanrakesh47815

We are near to bottom position can be taken here for a target of 396-400 in 1st of 5th wave . Every dip is a buy. company which is fundamentally strong, bonus candidate ,good dividend yield and more over company is deploying cash in its book for rare earth exploration and mine development 5th wave target of 540-550 every dip is a buy in this stock.

tanrakesh47815

As expected share bottomed out and broke trendline now in 1st wave of 5th wave and in (3rd of 1st 5th wave .) build your position accordingly

tanrakesh47815

is accumulating and we have a 5th wave target of 440-450 every dip is a buy .MACD is yet to show a sell and as negative divergence looks that it would be ripe to sell near to 440-50 range our 5th wave target

tanrakesh47815

in 5th wave target of 540 min as per fibo ext . Inverse head and shoulder gives us a target of 530 trendline resistance also marked.

tanrakesh47815

we are near to trendline resistance and near to 5th wave end

tanrakesh47815

4th wave ending after forming ABCDE leg and pattern of inverse head and shoulder .target minimum 380

tanrakesh47815

consolidating in 4th wave A,B,C,D,E formation in wave 4th completing dividend of Rs 9.55 in stock , 5th wave to begin soon .Accumulate for Steller return in coming days likely target of 525-40 rs.

tanrakesh47815

NATIONAL ALUMINIUM--WE are near to breakout and 3rd of 5th wave dividend of rs 2 in stock. Target of 5th wave are marked in chart

tanrakesh47815

metals index have bottom out at 8700 level .382 % retracement of previous wave and c of 4th ended now again made 9500 approx in 1st wave and in 2nd wave corrected to 9009 level in 2nd of 5th wave now 3rd of 5th in progress and once crosses high of 1st wave approx 9505 you will see high volume and our trg of minimum 11000 inverse head and shoulder breakout also .

tanrakesh47815

On breakout of contracting triangle -- 5th wave we have a target of 7950, 8400 and 8900. consolidating before any meaningful trend .

tanrakesh47815

As inverse head and shoulder in 15 min the stock may go down till 6000-6200 level. and end of A,B,C corrective wave.