ITC the Turtle of the market. No matter how strong it's shell is, Big bulls are still not ready to enter.
But why not? Here is math,
Core segment of Indian Tobacco Company i.e. Cigarettes now no more core as it always been easy hunt for government tax department.
Now Cash cow and evergreen emerging sector FMCG is showing good YoY growth but products are not...
WITH MARKET CAP - 55,929Cr. rupees ONE OF THE HEAVYWEIGHTED STOCK...
CMP : - 169
TGT : - 176/180/190/200++++
POSITIONAL... FOR ONE MONTHS....
STOCK IS TRADING AT 0.84 TIMES ITS BOOK VALUE..
FOR DETAILED INFORMATION READ OUR BLOG....
Tata steel gave BO from more than a 2 year old Trendline. This is super bullish stock and this too gave cup and handle BO.
Good for both swing and intraday Trades.
Trade setup given in the chart.
TATA STEEL CMP : 577
INTRA TGT : 590 ++
POSITIONAL : 750++++
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#HDFCBANK has tried to breach its long term trend line four out of five times now and haven't been able to close above it.
Price action on 15 minutes chart clearly shows distribution at higher prices. RSI has fallen below 70. It's ready to retrace and test levels of 1300 (to take support at its covid period rising wedge) and even 1260 (retest previous high)
SAIL is giving good move in these previous sessions and will also give good move in the next sessions.
check the chart for details .SAIL gave Cup and Handle BO and trendlines BO.
check our other ideas to get to know about all the successful trades based on price action.
SAIL CMP : 48
TGT : 50 , 52 ++++
IF SAIL CROSS 50 THAN GO FOR THE...
Reliance has been correcting continuously after the rumours of health issues of Mukesh Ambani. The undercurrent however was rationalisation and consolidation after a solid upmove.
The news flow stopped and whatever was due was bad news regarding Future Retail deal. Perfect time to enforce correction. Anyways reliance has had its share of limelight and next...