#NCC We can observe it has broken out of its downward parallel channel with a RSI divergence. This uptrend momentum can go till 100 with a stop loss of 55. (Can be according to your risk capacity)
Disclaimer:- This is a educational view.
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Trade entered: Buy BANKBARODA AUG22 FUT @116.85 Target@120 SL@112 Ends@Aug 25
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Don't you think it overvalued?
Today 7:38 AM
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Reputation: 2,399 • Today 4:38 AM
#AUROPHARMA the stock has been moving within a falling wedge pattern since over a year. the levels mentioned in the chart has acted as prominent support and resistance lines in the past. a long trade can be initiated if the price brakes above the trendline of the wedge and break......read more
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Reputation: 2,399 • Yesterday 10:05 AM
#JUBLFOOD inverted head and shoulder formation looks prominent. The potential of such formations is more in longer time frames. The breakout on the upper side above the neck would be a good positional opportunity.
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Reputation: 2,399 • Aug 15 8:02 AM
#HINDALCO Horizontal line breakout and RSI above 70 is been observed in Hindalco. This is a good indicator of a further breakout in price. The price can move till 475 and above that if it sustains then it can move till 500-525 levels. One can enter above 445 levels. The stop loss......read more
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Reputation: 2,399 • Aug 15 7:53 AM
#NIFTY50 We can observe that nifty is moving in a rising wedge channel and we also observe that there is a RSI divergence. This indicates that there is still some upside movement left in nifty and we may see nifty reaching its 52 week high.
Disclaimer : - The views are personal......read more
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I would prefer ITC over HUL
Aug 15 7:50 AM
1 Like@neerajb Thanks for your input :)
Aug 12 5:02 AM
1 LikeReputation: 2,399 • Aug 12 5:02 AM
#SUZLON Results Updates !!!
Q1:CONS NET PROFIT OF 2433 CR V 22 CR LOSS (YOY), 204 CR LOSS (Q0Q)
REVENUE UP 21 % AT 1377 CR (YOY) , DOWN 44 % (Q0Q)
EBITDA UP 49 % AT 211 CR (YOY) UP 15 % (Q0Q)
MARGINS AT 15.3 % V 12.9 % (YOY), 7.5 % (Q0Q)
The results seems excellent with huge......read more
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Will energy stocks rally still continue on the back of inflated energy price?
Aug 11 10:56 AM
Reputation: 2,399 • Aug 11 7:24 AM
#NIFTYBANK - A sharp breakout on the upside after a rising wedge pattern on bank nifty's chart. Fake breakouts are hard to predict, what are your thoughts on this? Could this be a trap for the bulls?
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@pranjalsingh Yes but I don't believe that this momentum is sustainable. What are your views on this momentum ?
Aug 10 8:25 AM
Reputation: 2,399 • Aug 10 5:45 AM
he country’s largest insurance company #LICI Life Insurance Corporation of India has continued to maintain its top position in the life insurance market, commanding a lion's share of 68.6% in the industry.
According to data released by the regulatory body Insurance Regulatory a......read more
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Reputation: 2,399 • Aug 9 6:38 AM
Mutual Fund Folios crossed an all-time high at 13.55 crores (13,55,73,653) and Retail Folios too were at an all-time high at 10.80 crores (10,80,29,061) in July.
The number of SIP accounts stood at an all-time high in July 2022 at 5,61,94,348 (5.61 crores) and Monthly SIP contr......read more
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Looks like an interesting trade opportunity for short term.
Aug 8 3:48 AM
1 LikeReputation: 2,399 • Aug 8 1:51 AM
Bharti Airtel Ltd Q1FY23 results: First Cut
M Cap Rs. 391,846 crore | 52 W H/L: Rs. 782/573
(HDFC securities Retail Research)
Bharti Airtel numbers were above expectations in Q1FY23 and the company has strong business momentum led by leading operational indicators
......read more
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Reputation: 2,399 • Aug 8 6:08 AM
Languished in Q1
tate-owned fuel retailer and refiners Bharat Petroleum, Indian Oil and Hindustan Petroleum have all reported huge losses in the June 2022 quarter, totalling a massive Rs 18,480 crore in size, ai......read more
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@DhruvMan Please read my recent post to know the reason for this downfall. Thank you :)
Aug 8 5:59 AM
