tanrakesh

tanrakesh

we are near to our first trg of 368-375 if remains above 390-405 range can go to our next fibo ext of 462 in longer span - previously -analyses done at 250-60 range for trg of 370

tanrakesh

RAYMOND --TRG 3434 first achieved 2nd resistance 3750-65 . 4876 is also achievable as per fibo ext first will have to see how it reacts at 3750-65 level

tanrakesh

the stock is providing good movement .Short term resistance is at 384 once crosses 382-86 level with volume the stock can go to long term resistance of 403 .Our fibo ext gives a target of 444 and 483.

tanrakesh

an important point is low of 145 for going higher it should not fall below 145 for 5th wave trg we have to cross 192-93 levelfor 233-40 target, and below 145 it can trg 122 and below which 94-96

tanrakesh

in hourly chart we are heading toward a target of 373-76 of 5th wave. buy on dip

tanrakesh

BASF-- at major trendline resistance and completion of impulsive 5th wave .Sell and buy near to 4980 . monthly chart shows inverse head and shoulder formation in progress and a target of 7500 approx ( 2 year target)

tanrakesh

in contracting triangle soon to breakout metal policy/ auction of mines for lithium mining on the cards major govt companies in fray are GMDC, MOIL and NALCO. Wave 3rd of 5th to begin soon , accumulate on every dip.

tanrakesh

3rd or c wave has a target of minimum 377 holding 341 inverse head and shoulder formed .

tanrakesh Updated 

after completing 5 wave on upside .We find trendline support at 4980 and wave a might end here till then in a channel sell on upper boundries of channel in 5 min chart

tanrakesh

for longs we have a target of 1950-2000 of 5th wave likely path drawn for readers. book profits near to trendline resistance of 1660-85 range and buy again on correction .

tanrakesh

after correcting to 425 the script is showing positive divergence in 5 min chart likely range to buy 423-425 for c wave target f 433

tanrakesh

trendline resistance and target of 5th wave near to 4950 book your profit and wait for correction.

tanrakesh

target 407 of 3rd marked and corrected now after completion of 4th wave consolidating and rising in 5th wave accumulate as may head toward 420 level.

tanrakesh

Near to short term target of 4800-4910 .. After one more correction the stock is to be bought into near to 4200 level for a long term target of 7100. As it has been long since company has declared bonus and moreover company earning are to grow in leap and bound.

tanrakesh

we have a target of 775 if crosses 780 and remains their for 2 days we can easy go upto near 888. as suggestwed buy FIBO EXT and trend line resistance.

tanrakesh

taking support at 385 the share looks promising. In 5(3rd) after completing 5(2) .9.55 rs dividend low 385 high expected 418- 20 if crosses 422 then trg 440 -47 , bonus candidate and can get lithium mining with Moil .Metals in uptrend last unmove going. Can cross 500 once good news comes in , company is having good book value conducive for bonus. And aluminum/...

tanrakesh

after completing correction in 4th wave share making higher low and looking for breakout of contracting triangle accumulate for a longer period of time for higher return. Icing on cake is 8.50 rs dividend which translates into approx 4% yield.

tanrakesh

After completion of 4th wave share volume delivery volume are rising and from last 4 days are above 90% .Has a high book value of 1654 on march 23. share capital constitutes 90% of bonus promotor hold directly 38% and through sundaram fin 18% and NBFC 18% i.e total 75% approx 8.3% are held by FPI only 17 % is with public that to some family member holding large...