Buy above the red and sell below the red.
ORIENT REFRACTORIES CMP : 202 STOP : 170 TARGET : OPEN Technicals 1) Stock broken out of a classic C & H pattern with huge volumes. 2) All key MAs pointing towards a strong uptrend Fundamentals 1) Last 4 quarters Y-o-Y EPS growth and sales growth exhibiting strong uptrend Date EPS %Chg Sales(Cr) %Chg Mar-18 2.29 +56% 178.9 +40% Dec-17 1.84 ...
Contraction Broken -- Looking Strong BUY
Contraction Broken -- Looking Strong BUY
Passes basic trend test Volatility Contraction Pattern - 28W 23/11 4T - in formation Fundamentals : YoY quarterly performance in uptrend Qn-4 Qn-3 Qn-2 Qn-1 Sales 7.6% 11.9% 20.1% 29.1% OP 14.5% 13.6% 12.9% 35.5% NP 16.1% 11.6% 5.2% 39.3% OPM 13.78% 14.14% 12.63% 14.44% NPM 6.23% 6.15% 4.93% 6.53% Free Float : 18% Long...
JUST DIAL CMP 577 Target 900 plus Stop 480 1) Stock possibly in the process of rounding bottom (RdB) formation. 2) Stock is currently forming a strong rectangular base in the bottom, with the high of the base at the Stocks first ever price tick open. 3) Stock more likely to break the high of the base as significant volumes seen in last few trading sessions and...
Hi Guys, I posted the same thing before but I guess you people were not able to see the waves clearly so that's why I am posting it again so that you can see waves clearly. My apologies for that. Here I am going to analyze the 1-Month chart of NIFTY. So this is how it goes:- According to Elliot waves theory, the 1st wave of the next bull run starts from the...
Hi Guys, Here I am going to analyze the 1-Month chart of NIFTY. So this is how it goes:- According to Elliot waves theory, the 1st wave of the next bull run starts from the point of crisis or crash or war or all other depressing events. The major happened back in 2008. So from that point of time, the next bull run began. 1st wave: The first wave of the major...
FOR EDUCATIONAL PURPOSES. Price heading towards a decent Demand Zone. Can long with 12 Rs SL.
Excellent time to buy this stock. First target 144 Second target 172 before any decline. (high chance as 144 has been tested 3 times already)
Weak RSI and incomplete last motive wave, irrespective good fundamentals make it for a good buy for a true holder. Expect this to trade flat for a few weeks while people take profits. Wait for it to reach the buy zone depicted in red. Entry Price: below 1780(check technicals again when we are here, i will update the idea soon) Stop: 1651 Take profits:...
HCL Technologies has given a nice breakout today over a long term price point. This signals a good up-run in the coming months.A short term will occur in June and then some sort of low - a buying opportunity - in July. And then can sit tight for a ride up to 1200-1300 in Jan 2019.
A beautiful short opportunity in HDFC Bank with stop @ 1951 and target of 1750-1800 for first week of JUNE.
RSI at a monthly and weekly overbought truncation achieved at the current bottom implying strong signs of a trend reversal. Short term Targets:(rounded off) 724 800 Longer term: 900
I am long in this stock at 333. Looks like it will make a new 52week high
ANDHRABANK HAS FORMED SHORT TERM REVERSAL PATTERN ALONG WITH UPSIDE MOMENTUM. LONG ENTRY : 45.90 SL : CB 31.5 TARGET 1 : 58 TARGET 2 : 74 TARGET 3 : 99