In the last 6 months, it has given a 50% return. And now it is consolidating from last 3 months. This is new IPO, and we can not give so much early commentary on this, I want to build position but I am waiting for the breakout. If it gives upside breakout, then fresh mid-term position can be made and if gives downside breakout then it will...
When we look at to the 2 year data, it show market is undervalued because it has only given 5% return over past 2 years. But, despite other major index like Nasdaq has not given any return due to the concern of interest rate. If we see then it looks like Nifty is overvalued as other has not given any returns but nifty has. Personally, I see Nifty...
Still HDFC AMC is 300% down from it's peak and it is about to give breakout. It is sitting at his highest ever profit and revenues so no doubt about it's fundamentals and profitability. In the most near tern it is about to give you 11% return. Half rally is done but still most of the rally is left. If you find this new and informative please boost this.
The stock is forming double bottom pattern and it is exactly rebound by forming it. This is the chart pattern from this. We can define our target And also, it was rebounded from a strong support. The target of the stock should Of the height of the double bottom pattern. The main reason that I'm saying that this is short term and long term...
Green panel is the low cost furniture manufacturing stock. It is very good fundamental and revenue and profit growth And it is consolidating since 2.5 years so now we are getting it on low valuation. It is also forming proper high and low it is as indicator of strong buyers. I am buying this whenever it will give breakout from major point that I have mentioned...
Nifty carrying on a particular path on day to day basis candle and it is now getting supported on a trend line. Earlier also it was consolidated in this zone between July to August. So this is also acting like a support level. In the upward trend, these are the obvious correction that could happen in the market So don't worry about it. If...
I can see that HDFC Bank has touch this level so many times and it had gained a lot around 10%-15% in 30 to 40 days as I have drawn in the chart. From this point I have clear vision of making around 20% gain. It may show good upward move as the Nifty and Sensex stabilize.