On monthly it made a base after a big correction, Now started marching up with a decent volume support. Upcoming election and budget (possibly good for agriculture stocks). A pledge issue is there but sector tailwind will support it. Nearest resistance 216 then 311. Entry with SL at 180 can be good.
As a key player in EV and auto parts, it is worth to keep eye on #SONACOMS. Auto sector is doing good and last quatre was positive for SONACOMS. At least 815 is possible from here. Recent move is supported by volume. Entry can be done on daily pullback(a pullback is possible till 625. SL must be at 600.
Still there are scope to move, next move at least till ~1450... Beautifully setup , 40 week EMA slope is upward. decent 16% correction happened. High probability of up-move but volume is still not supporting. Result were good, little expensive but this kind of stock always comes expensive. if taking position then SL must be there , 1098 SL is good one(little wide...
#SOBHA Finally broken out with yearly high volume. Still good opportunity , position can be build by SL at 580. sector is good. Little pledge issue but good result expected. Valuation is reasonable.
#UnionBankOfIndia ,#StockMarket Representing a text book style cup-handle pattern on weekly , with a huge base of 5 years. Breaking up 100 and sustaining can be a big reward. Trade with proper SL . Current price 88. Position can be build with SL 80.
Financials are out performing since last QTR, still they have lots of scope to move up. A low risk bet with reasonable valuations. Numbers are improving and institutions are showing interest in EDELWEISS. A long term candidate.
Once weak hands will be Shaked out , real game will start.
After a long correction in price and time too, now this stock is giving some short time buy opportunity. At least 20-30 % is possible in short time. It is just for educational purpose.
Trigyn setup looking good for another 15-20% move in coming weeks. Stock has given breakout on weekly and daily base. Any entry between 130-and 140 have good RR. Note: This is just for educational purpose, please do your analysis before taking any position.
Batteries stocks started moving up after a long consolidation and in this area AMARAJABAT is giving a opportunity to take. On daily it has broken super trend line and sustaining and on weekly forming a round bottom pattern, one of the key player in green energy theme ... fundamentally good company and now valuation is also right...almost debt free and cash rich ,...
NCC Limited is engaged in the construction activities in the infra sector. It is involved in construction of commercial buildings, roads, bridges, water supply & environment projects, housing, power transmission lines and hydrothermal power projects. 35%-50% price move is expected from current price level...invest at least for year...one of the beneficiary of...