Asterix_Vasishta

Asterix_Vasishta Updated 

Quess Corp LTD. Quess Corp Limited (Quess) is India’s leading business services provider, leveraging its extensive domain knowledge and future-ready digital platforms to drive client productivity through outsourced solutions. Good Fundamental MIDCAP Company. Below are the few strong technical points to buy. 1. Market structure has changed.(Price is above 30...

Asterix_Vasishta Updated 

Nifty Took Yearly / Monthly R2 Pivot as Resistance. Likely to consolidate before moving higher.

Asterix_Vasishta

NIFTY50- 2024 Forecast Nifty is trading in a channel from Jun22. In my opinion this channel to hold for another 3-4 Years. Most of the components of Nifty is also trading in a channel. Do not expect Nifty to move beyond this channel for long time. Book profit at the top of the channel and buy at the bottom / midpoint of the channel. Major Factors to Consider in...

Asterix_Vasishta

Trading in a Channel (Weekly): Identify the stocks which are trading in a channel. These channels may not be perfect, but identify them. These stocks are with the hand of good FII’s. They take this stock gradually to the top in 3 – 5 Years. Most of the Index Stocks are with the good FII’s. Few are Not. For example, Hindustan Unilever, Kotak Mahindra, Infy, Wipro....

Asterix_Vasishta

No trade in Index until 8th JAN. All levels & Targets will change for 2024 based on Yearly CPR (Support & Resistance) Happy New Year to all my Followers. Comment how was your 2023..?

Asterix_Vasishta Updated 

Mahindra & Mahindra Finance Services Ltd. Its an NBFC company catering to mainly vehicle loans. There were few negative factors to consider on the fundamentals. Company has -ve cash flow. Liabilities of 113,264 Cr (Due to loan business) But when the interest rate cut happens, this may face issue in making profit. There is few strong points to consider Profit has...

Asterix_Vasishta

Dabur (FMCG) Stock is Consolidating from SEP 21. SELL side & BUY side VWAP is Narrowing down. Stock is trading near 200 DMA. Stock has tested multiple times VWAP. Since its Large CAP, Movement is slow and steady. Fundamentals: Promoters increased there stake. Public has reduced interest.

Asterix_Vasishta

Hindustan Unilever Trading below 200 DMA. Strong Fundamental Stock PE is 58.2 (5 Year Median PE is 65.8) Good Dividend Stock (About 50 rupees/Year) Long Consolidation.

Asterix_Vasishta

ABFRL-Trade Plan Market Structure has changed (Rising 30 Weekly SMA) Instrument is trading in a channel from May 23. When Price starts sustaining above Sell Side VWAP, I am Little bit Confident to add to my position. Keep SL with this Channel, if it breaks may form Bear Flag.

Asterix_Vasishta Updated 

IEX- Trade Plan IEX is most favorite among retail investors. hence its down for long time. Now its changing its character. about to give 52W break out. I am going to add to my already existing position from the Breakout. Entry @ 164 Stop Loss @ Previous week Low (Trailing SL) Target 0.5 @ Sell side VWAP Target 1 @ 252 Target 2 @ 300