Another steel stock that is trying to reverse..It was a darling of the previous bull run where several marquee investors like Madhu Kela also invested in the co.. (Disc: I used to own it as well then) The stock is also trying to cross the 200WEMA (Similar to Bhushan Steel)...Would trade this slightly more cautiously than other leading players.. Long at CMP but...
The stock went thru IBC and was taken over by the Tata Group. Market leader in auto grade steel. (Previously known as Bhushan Steel) Its a proxy way to play high steel prices + revival of the auto sector as well. The stock has crossed the 200WEMA after breaking out and is potentially forming a base here before its next move.. Long only above 47.75. Again SL...
The underlying commodity price is up and the stock seems to be done with forming a new base.. Would buy in 2 parts...once above 153.50 and then above 160.. If both buys do happen the SL at 150 so the risk will be minimal. Target to new high..
Microcap stock which is a supplier of pigments all over the world. The stock has broken out and can move much higher. Buy 50% at CMP and the balance on a pullback. SL below 300.
Flag breakout and forming a nice pivot ..long above 485. SL 470. Target 515. If it continues and breaks above 520 i would double down on my initial purchase
Long above 945 for a target of approx 1060/1070 SL below 920. This is a short term trade which could even happen intraday or BTST.
The stock price retested its C&H Breakut price and subsequently moved up.. Can go long above marked price with SL below 40.75. First target 47.
There is a gapfill due in IDFC Ltd. Watch once it breaks below 38.75 for that gap fill to potentially happen. This could take the stockprice to anywhere between 33.60 - 34 at which price it would be a very attractive buy. Keep track of this stock for a potential merger with IDFC First Bank.
Godrej Ind on the verge of breaking out. Once it crosses 480 look to enter with a 3% SL (approx 465)
One of the best rated and widely owned by DII's pharma companies. Cipla had a flag breakout with high volumes. Long at CMP with SL below 775. Target new 52 week high.
With its underlying commodity at highs this stock which has already been in momentum could continue the week in momentum. It could go upto 170 levels in quick time. The SL here would be deep but maybe a 5% SL would work here.
The stock has been consolidating close to its ATH. Look for a fresh breakout above 900. Once it crosses 900 and an entry is made, SL could be at approx 870. (Maybe a 4% SL) First target 1008 and then 1100.
Had shared this setup a couple days ago...Broke out today with high volumes.
Stock in major momentum could be poised for its next short term breakout.
Jet & Indigo have grounded planes could be their gain. Next top 90?
An SMS name i already own but added more of today. Breakout.