Sector: Pharmaceuticals Industry: Pharmaceuticals - Indian - Bulk Drugs & Formln 52 week High / Low: 700 / 490.50 P/E ratio of 62.16 Resistance: 634-645-662 Support: 605-588-577 Look for buying opportunities around 633 for a Target of 686 with a stop loss of 616 Upper Circuit 685.30 Lower circuit 560.70 Syngene is trading above its 9, 20 and 50 EMA mark....
Nazara Technologies Ltd - NAZARA Sector: IT - Software Industry: Computers - Software - Medium / Small Price: 2440.65 Market Capitalization: 7959 Cr 52 week High/Low: 3356 / 1412 Stock P/E: 277 Debt/Equity: 0.24 Net profit June quarter: 5.3 Cr Net profit September quarter: 10.1 Cr Net profit April 2020-March 2021: 9.23 Cr Net profit April 2021-Till date: 29...
Vedanta forms a Bullish triangle kind off pattern and if the pattern completes in the next few days we could probably see the levels of 400 in this counter, however 385.90 remains a previous demand zone. So I have paced a buy call above 373.20 for a Target of 421 with a stop of 334.10. Look out for good volume size of more than 16.00M As per NSE we had volumes...
Pattern formed : Bullish Piercing on daily time frame Trade Details BUY ENTRY 788 STOP LOSS 776 TARGET 812 PROFIT 2000 LOSS 1000 QUANTITY 83 Risk Reward 1:2 Resistance levels: 780-796-823 Support levels: 738-711-695 Reason for trade: On November 23rd the stock formed a Bullish Engulfing pattern at the level of 727.20 and moved up to the levels of 825. The...
Go long above 1948 with a stop loss of 1923 for a target of 2143 Based on support and resistance for short term trade Analysis: BUY ENTRY 1948 STOP LOSS 1923 TARGET 2143 PROFIT 7800 LOSS 1000 QUANTITY 40
The stock has undergone a major correction of around 30% from the levels of 1242, hence it is possible that we see an upward movement again. The stock has moved above it previous support area and is heading in the right direction for bulls, however a hurdle in the range of 960-965 awaits to be crossed over for a move towards 1075 and then on to our target of...
1. Pattern formed is a double top on daily time frame 2. As the pattern has been completed expectancy is that the price would fall even low, hence a sell call Follow the chart for trades
1. The price moved up from 747 yo a high of 980. 2. The price then hit the low of 756/759 3. A good upward move with good volume of 13 lakhs compared to previous 5 days Read the chart carefully for trades
Trading idea for the stock Buy: 892 Target: 955 Stop loss: 863 Profit: 3774 Loss: 986 Risk/Reward: 1:2.17 Quantity: 34 The stock has formed a double bottom on the daily time frame and gives a very good opportunity to enter the trade at above 892 levels R1 - 894.83 R2 - 916.42 R3 - 948.33 S1 - 841.33 S2 - 809.42 S3 - 787.83
The stock is trading trading above the support zone which is at around 2361 levels giving a swing low of 2309. Now for a confirm bullish view the stock has to close above 2490 with a strong bullish candle, after which we could see levels of 2600 - the most recent fall. BUY ENTRY 2491 STOP...
The stock has moved above its major support area and is trading above the next support area of 674 levels. We have a strong bullish candle on the daily time frame. Kindly refer below mentioned trade details for study only. BUY ENTRY 700 STOP LOSS 691 TARGET 723 PROFIT 2556 LOSS 1000 QUANTITY 111 On the lower side SELL ENTRY 670 STOP...
The price has fallen from a level of 1377 forming a bearish flag pattern on the daily time frame and has reached the lows of 1090. From here we should see an upward movement which has already been shown today, however look for entry opportunities above 1149 for a target of 1338. Maintain strict stop loss due to volatility in the market. ENTRY 1148 STOP...
Sector: Home Electronics & Appliances Company: Small cap Risk: Moderate risk Orient Electric is focused on providing lifestyle electrical solutions which include fans, lighting, home appliances and switchgears. Orient Electric reported revenue growth of 37% YoY/41% QoQ to INR 594 cr. View chart for entry levels and maintain your own stop loss. Analysis: Buy...
Trading idea for the stock Buy: 757 Target: 804 Stop loss: 747 Profit: 4700 Loss: 1000 Risk/Reward: 1:4.7 Quantity: 100 Look for booking partial profit at 780 levels and then trail the rest. R1 - 782.90 R2 - 824.10 R3 - 906.50 S1 - 659.30 S2 - 576.90 S3 - 535.70 Ruel Fernandes ruelfernandes@gmail.com 9819683693
Trading idea for the stock Buy: 287 Target: 315 Stop loss: 276 Profit: 2548 Loss: 1001 Risk/Reward: 1:2 Quantity: 91 The stock has given a breakout and closed at an all time high which could see profit booking happening. Watch the movement of the stock and my suggestion would be if it falls a bit and then starts moving upwards take the trade. If the stock does...
Trading idea for the stock Buy: 1293 Target: 1316 Stop loss: 1282 Profit: 1771 Loss: 847 Risk/Reward: 1:2.09 Quantity: 77 The stock has moved out of the support are which once was a resistance zone and should trigger an upward move. R1 - 1315.85 R2 - 1338.15 R3 - 1377.30 S1 - 1254.40 S2 - 1215.25 S3 - 1192.95
Our First stock in Trade The Flag - Allcargo Allcargo Logistics is a leading multinational Company engaged in providing integrated logistics solutions and offers specialized logistics services across multimodal transport operations, inland container depot, container freight station operations, contract logistics operations and project and engineering...
Coal India could be entering the stage from where returns could be huge in the long run. Kindly stick to entry levels. Stop loss and Profit can be decided by yourself.