LokeshSurana

LokeshSurana

100 Week EMA got tested very brutally. On the daily chart, price action is weak, expect levels to be 140 in a week or two. Fundamentally company looks good! *Educational Purpose*

LokeshSurana Updated 

Relatively outperforming, target 80+ This is also one of the stocks from Fundamentally Strong India's Pipeline Network Expansion story (Includes Jindalsaw, Ratnamani, APLAPOLLO, WelspunCorp)

LokeshSurana Updated 

After five weeks of narrow range consolidation, a breakout happened this week. METROPOLIS can be bought for the medium term. (without denying the possibility of another global selloff incident) SUPPORT - 1165 TARGET - 1820/2080/2400

LokeshSurana Updated 

Breakout above 1143 is retested and confirmed. (Live price - 1160) Stoploss - 1079 Target - All-time high: Trail as per 5 SMA above 1320 level

LokeshSurana Updated 

- HDFCAMC is at an attractive price after a significant correction from 3300 levels in 2021. - Technically, the current swing low and near range (shown by black lines) are breakout levels of 2019. - Prospects of the Asset Management industry for the decade are too strong One should not miss the chance to buy at this level.

LokeshSurana Updated 

The fundamentals and market share of the company are good. Recently NSE:BATAINDIA has been mentioned in various newsletters and news channels, which indicates possibly a big player is going to have a block sell soon. After the recent rally and follow-up retracements, if the share does not fall below 1416 - With sustained volumes and RSI values. We can go long...

LokeshSurana Updated 

If NTPC manages to close above 175, then long and accumulate NTPC on dips. Stoploss - 161 Target - 195 (In the next 3 months)

LokeshSurana Updated 

Once the resistance of 85.35 gets breached on a closing basis, 1st target is up to 95, then 105 opens up.

LokeshSurana Updated 

Stock is again testing 52 week High zone, Buy for target of 1473+

LokeshSurana Updated 

High relative strength strongness was witnessed yesterday. (Relative to NIFTY IT) Sure target of 175 (40 days), trail after that

LokeshSurana

The parallel channel at the bottom is strong support. This can repeat the pattern of NSE:USHAMART 185 is strong resistance, momentum players can wait till it breaks; after that, 230-260 levels are possible.

LokeshSurana Updated 

After meaningful correction in global markets, especially ripple effect from US economy markets. MSCI index - Emerging markets are now at attractive valuations. Technically, look at the monthly chart and the support trendline on it. Also, with the series of significant rate hikes by the US Federal Reserve and all global bankers - It seems the last leg of...

LokeshSurana Updated 

Technicals: - INHS on the monthly chart - Strong support of trendline on the weekly chart - Broke out and retested the neckline of INHS monthly chart Fundamental: - Government's outlook is very bullish on the defense sector - Attractive valuations compared to peers - Strong order book

LokeshSurana Updated 

0.786 retracement (taken from last march 2020 rally to ATH). Near 300 big volume delivery observed. Talking about fundamentals, they are great !!! As everyone says, pharma and construction are sectors for the next five years, then its my pharma top pick 2

LokeshSurana Updated 

After meaningful correction and a series of upside swings, PARAS is again available at a reasonable price. May be an excellent try to time the budget for 2023. SL - 550 (Weekly closing) Target - 660|750|900

LokeshSurana Updated 

Look over the chart, and enter if the resistance zone breaks (Blue channel). Make positions in tranches. Fundamental investors may buy in support (Green zone).

LokeshSurana Updated 

The chart pattern of HERO resembles MARUTI a few quarters back (Previous idea). Once the range of 2900 - 3000 breaks, it will achieve 3500 levels. HERO is a symbol of rural consumption; within the last few months, the inflation scenario has favored producers and thus, agro-businesses. BUY! and keep buying on DIPS *NOT SEBI REGISTERED*

LokeshSurana Updated 

Significant upside chances after a meaningful correction. An obvious choice after the national logistics policy declaration. Stop loss - 6570 Target - 10000