tanrakesh

tanrakesh

I see a breakout from consolidation in Inverse head and shoulder pattern . I have a target of Rs 280, 345 of 5th wave All targets marked in chart of fibo retracement.

tanrakesh

BALMEIR LAWRIE---DAY CHART --buy near to 142-43 price is inclusive of div Rs 7.50 and expected bonus in future as board meeting had postponed bonus some months back but going forward inverse head and shoulder pattern seen in weekly chart and price target of 174-180-184 can be expected.

tanrakesh

book value 182 i.e bonus candidate high promoter holding more then 74 % dividend up from rs 2 to 11.45. no pledge of share ,debt free cash rich company .Buy for a target of minimum 192

tanrakesh

we are near to trend resistance sell here and buy on subsequent retracement to 62-63 level level

tanrakesh

making higher low and higher high .dividend enhanced to Rs11.45 now yield 6.46 % .book value of Rs 182.. Min target of 3rd wave 201 buy as bonus candidate and can easily cross 250 levels

tanrakesh

after bottoming out at 1240 share is showing positive movement and fibo ext is showing a target of 1740-50 .

tanrakesh

likely to breakout in a day or so buy with small stop loss of 50 paise target of upmove are 7.25 9.25 a dividend paying company result on 14th august

tanrakesh

moil is giving today monthly breakout buy for a target of 240 ,280-300 .Company sales have been rising and more then 40% in month of july next quarterly results are going to be fantastic. buy with a small stoploss

tanrakesh

If comes below 2475 again then as per head and shoulder pattern it should go down to 2325 level. Be careful as we might either break trend line on upside but below 2475 bearish.

tanrakesh

Taking support at trend line buy for a higher target of 1690-1707 if crosses 1740 then inverse head and shoulder formation on hourly chart and go much higher target of 1900 for 3rd wave

tanrakesh

on hourly chart making a breakout of inverse head and shoulder pattern buy for a minimum trg of 248 ..as will be crossing long term resistance of 235 target for 3rd wave can be 260-280 level.

tanrakesh

after forming inverse Head and shoulder pattern share broke out of trend line looking for minimum 460, 540 trg

tanrakesh

EPS of rs 10 book value rs 91 . crude prices have been down for june qtr, expended capacity to be coming up in next 3 to 4 month time , company debt free and expended capacity from internal accrual. buy once breakout above 80 will show real power. Accumulate for long and target of above 150

tanrakesh

Presently in 3rd wave having a minimum trg of 201 and above it 224,248 if sustain above it likely to crosses previous high as bonus candidate due to high book value and dividend of rs 9.10 is icing on the cake

tanrakesh

for short term bounce can buy at present level of rs 46-47 AND SELL NEAR TO 51-52 LEVEL or can buy near to 42 level of 4th WAVE. expected. 5th wave target is near to 65 to 70 .once this 4th wave ends it would be easy to determine 5th wave target. company is expected to make a move for capital as funds are required for ongoing expansion of MISSILES and DRONE...

tanrakesh

Waiting for breakout once crosses 605-8 level you will see sharp rally and target of 965 minimum

tanrakesh

after 5 wave ended at 880 level and advised everyone to sell and buy IFGL AT 220-250 Level. In RHIM we are heading toward 580 level and end of C wave their . can buy once it touches 580 level approx

tanrakesh

ADSL after breakout in weekly chart now in second wave buy/accumulate with a small stop loss of 83 for a target of 134, 167 and 199 hold for higher profit it is a long term buy candidate.