apollo micro system which was recommended at 112 (before split) i.e 11.20 now near to our 5th wave target sell all and go home maximum trg 83 already stretched only speculation going on as company need huge capital for its expansion project and management increased its stake at 15 rs per share and wants to go for some equity issue again.
near to channel bottom accumulate for a target of 240-260 . in 5th wave can achieve above target Yield is above 4.25 % .
On breakout of 480 and breakout of cu and handle and inverse head and shoulder pattern i have a target of 580 first and 690 second target looking very bullish and is expected to post excellent result.
near to our target of 324 . sell and buy at lower level. trendline resistance and fibo ext target.
SELL near to our target of 303-307 as per hourly chart and can be bought on subsequent correction after ex dividend of rs 11.45 where good correction expected. Monthly chart is showing strong momentum but stochastic div is giving a sell . once crosses 316 we have a target of 431.
SELL near to out 1st target of 295 as 1.61% retracement as going up as dividend of rs 11.45 per share in it can again be bought near to 248 level once profit is booked
TATA POWER-- near to our head and shoulder trg of 280 in 5th wave likely to cross previous top of 280 and likely to hit 313 , 345 as marked in chart.
after breakout of 430 range and ex-dividend of rs 8.50, head and shoulder pattern observed, first trg of 3rd wave 480 and 2nd trg of 560.
after taking support at 52 broke of trend line today and was above 20 and 50 days moving average . Now will target 200 days moving average at 72.10
SHOWING promise of bottoming out once crosses first 592 and then 610 will target 690 ,795 . 84 days down/sideways cycle ended on 31st august since then showing promise of bottoming out.
accumulation going on between 77 and 83 once crosses 84 level you wil see power returning and on breakout can target minimum 94 level. PE 8.9 BOOK Value 92 dividend yield 1.87 . roce 15.4 .roe 12 .DEBT free. clients HUL, JYOTI Capex of 435 Cr funded from internal accrual . New capacity to come up in next quater.
MOIL consolidation on in 3rd wave company has been continuously giving higher output and making higher lows in weekly chart since 2017. company gives dividend twice a year of rs 3 and 3/4 , announces buy back now and then enhancing shareholder value. book value 110 ,ROCE 15 % ,ROE 11.3% . debt free company. manganese ore producer having market share of 45% of...
IB REAL WEEKLY -Consolidating before meaningful up move once crosses 68 you will feel power coming back .making higher low and completed small a,b and c . 1st strong upmove to begin soon. can be bought with a small stoploss of rs 61
VERY promising share book value 300 ,PE 6.36, dividend Rs 10, ROCE 13.4 ,ROE 10.9 . Only problem is company result were not good due to crude prices but this qtr they have stabilized hence result to be good. Third wave has begun and targets are minimum 220 and 245