With Natural Gas prices flying...this stock could be one of the beneficiaries. Long at CMP with SL below 230. Its broken above its downward trendline and gas prices seem to be going of the charts and should stay up esp since we are heading into winters when gas demands are usually at its highest.
Fundamentally a super company in Plastics. Technically the stock could breakout of a box post a time based correction its had for a long time while it was in the ASM framework. Its now nomore in ASM list. Long above 2350 with a 5% SL. So thts close to 2235.
Stock seems to have formed a nice base and is a small C&H breakout above 620. The SL is slightly deep so plan your trading accordingly.. Long above 620. SL: positional SL below 580. (Shorter term traders can even keep a stop at 605)
Fundamentally a very sound pharma company which works very differently from generic pharma. Future is very bright and is awaiting one big USFDA approval. The stock could potentially breakout of of a C&H formation above 1000. SL at 10% as i believe this stock deserves a chance to run. Target open. The only hitch is i am not expecting a great Q4 result from...
A sleeping giant that could now finally move with Crude making newer highs.. I dont think it will go above 120-123 till this month's expiry because of the call writing done at 120 levels.. But if crude can sustain a massive short covering rally can happen here going ahead once it stabilizes above 120. Watch for this to be one of the stocks for next month...
Another Sugar stock on the verge of a 10+ year channel breakout.. Long above 455... SL below 425.
With Sugar prices being up and Crude also moving higher, Ethanol blending could increase and with that procurement of Ethanol from Sugar Mills. This could be positive for the entire sector on a whole.. Dhampur has a C&H which could potentially breakout above 360. Keep a 7% SL and let it run.. (Even if you get stopped the first time keep tracking it and maybe...
If Balaji goes above 2650 it could go to 2830 before its results on 24th May. SL below 2600. This is a short term intraday kind of play so plan it accordingly.
If the stock opens above todays close and manages to sustain above for 10-15mins buy with a SL below 1220 for a target of 1425.
BTC has done a perfect retest at the 200EMA which is also a previous top. Seeing the Lower Highs and Lower Lows i'd tend to be cautious for those who are crypto investors in BTC. (Wouldnt recommend a long for now) It will be a no brainer short if it falls below todays low (200EMA) though.
A known DMK benefactor..should benefit from them being in power over the next 5 years. Also dominant player in South India for DTH and TV channels. Long above 532. SL 5%. Will double allocation above 560 (And shift SL to 532 if it crosses 560) Open targets for now but first target will then be 650. The co generates a very healthy cashflow.
Potential Darvas box breakout as soon as tomorrow possible. Long above 318. SL 5%. Target 370.
The stock broke out of a long consolidation box a couple weeks back. The past 2 weeks its been retesting that box which has been acting as support. There is one resistance on top as well.. Long above 734 and then 772. SL 700 after the first buy..and 735 once the 2nd buy is done. Target could be closer to 900. Fundamentally strong company which is sitting on...
Cadile Health had an ATH breakout recently. The sentiment is Vaccine + Covid Meds + Regular business. Emergency approval similar to what Bharat Biotech received would be the cherry on the top.. Long at 570 with a deep SL of 500. (Will review the SL if early exit needed because of any reason) (Shift SL to cost once price crosses 600) Target open but ideally...
One of the most undervalued Pharma companies Jubilant is close to an important support zone. Short term support + breakout retest while also coinciding with Fibo support in this support zone.. Loook for any bounce here around 640-650 to attempt to go long. SL below 635. Please note..go long only and only if there is a bounce..not before that..
With Malls in Mumbai shut and producers again getting jittery and postponing movies due to the rise in covid cases we could see the price of PVR fall once again. Short below 1305. SL 1355. (Once stock hits 1285 shift SL to cost) First target 1210 and then we relook at it again.
One of the top EPC players in the solar space. The stock broke out with high volumes. The stock has been under performing because of the loan to the parent company which eventually will get paid out.the promoter is strong group which is only suffering short term liquidity issues. Long at CMP. The SL is deep here of 10% so allocate accordingly.
One of the few stocks where each dip is being got which can be noticed by the longer tails in the stock..a potentitally low risk trade might be developing here. Long above 345.50 for a first target of 378 200WEMA..If that gets crossed even doubling the allocation might be a good idea. SL 330.