#SMLT is breaking out of a nice bull flag - Bullish! I have much higher targets for this stock. Solid fundamentals!
#ATGL Attempting a breakout on Daily timeframe. If it does breakout, we can see another good rally in stock! Also, if we use Fib tool, we can clearly see that the stock has been consolidating above 0.382% level and has been forming a nice base there since many days now. Breakout looks imminent imo.
Nifty is looking bullish with targets of 22100 on almost all time frames so we need to respect that. NOTE: DO NOT SHORT
#TATAMOTORS has broken out of the resistance after about 8.4 Years and it has been consolidating just above resistance since last more than 130 days. I don't think that the rally is finished yet. It is easily a 4 digit stock i.e. ₹1000 per share. Don't fade this rally.
Very strong buy back candle on #RECLTD I think it still has some juice left. A weekly candle close below that dotted line will be my SL.
#IOC looks great here as it is breaking out 30-40% move is possible in coming months. More so, If anyone is holding this for long-term, along with the upside, there is a good % that one can earn in terms of Dividend yield. In the past 12 months, Indian Oil Corporation Ltd. has declared an equity dividend amounting to Rs 8.00 per share. At the current share...
#HISARMETAL Another company stock which supports in Infrastructure development. I will plan to buy this soon for long-term hold. Market cap of just around ₹115Crores. From Technical perspective: Stock has been forming a nice break and looks ready for breakout! From Fundamental perspective: - The company has shown a good profit growth of 40.96% for the Past 3...
#RAIN This is the 4th attempt that stock is making to break the diagonal resistance. Should the stock clear resistance and sustain, I think it can give handsome returns in coming days/ months. Stock has been in consolidation mode since more than a year.
#ICICIGI “ICICI Lombard General Insurance Co Ltd” - Stock is in an uptrend inside this parallel channel. Also breaking out of the diagonal trendline. I think a pullback towards buy zone as in chart can give good potential returns. Long-term target zone also on chart.
#NATIONALUM Stock had it’s first weekly close above the resistance zone; also poised to close 1st month candle above this resistance zone. Stock is breaking out after 16 years - Definitely bullish imo!
Stock made a new ATH after more than 6 years and today Stock is up >19%. Such stocks tend to go much higher. Anyone looking for a long-term investment, then this can be a good stock to add to long-term portfolio. If market gives a chance, can add to stock also at ₹100-₹110 levels. Also, this stock has been consistently giving dividends as well.
#MANINDS is due for a pullback and is at a major resistance imo. It has been going up straight and looks over-extended to me. A pullback is due. If you have made good money in this stock, I think now is the time to take some profit off the table.
#Banknifty Higher timeframe Update There are 2 zones that I am eyeing for potential botton. 1) 45800-46300: This is a breakout zone and Banknifty has already tapped it. We can see some consolidation in this zone before any major move either side. 2) 44950-45490: Big gap pending zone. Market rarely leaves such gaps/ inefficiencies open. If this is mitigated, it...
#IKIO Bought some IKIO Lightings Ltd shares @₹324.15/- Stock available at a discount of >17% from stock listing price in Jun’23 Small-Cap Company has good fundamentals; can give good returns. I would be worried only if stock breaks recent lows, else relaxed on this one.
#PDMJEPAPER Stock is looking great again. Made a fresh ATH today after breaking out of a 434 days consolidation. I expect to see another 25-30% move in coming days/ weeks.
#CERA weekly candle closed bullish imo. Falling wedge right at support. I think if this support holds, there is a chance of another 20-30% move to the upside..
Trident is showing strength with volume emerging in charts. Smart money seems entering the stock Trident has a huge resistance at 40 levels for around 1.5 years Stock can easily give a target of 60 in the short term and 80 crossing an All-Time high
#VASCONEQ Another small cap stock with good fundamentals and good technicals. Has reclaimed a very important S/R zone on higher timeframe. Some quantity can be bought at current levels because of breakout on daily timeframe. Also, In my opinion, ₹59-₹71 zone is a good zone for accumulation if market gives a chance. I see another 50-60% upside as first target...