RVNL a good breakout done. Good growth fundamentals.
Finally , Nifty pharma seems to be turning up after 5 years and inverse head and shoulder in the making and about to break up
That's a VCP breakout on great volumes. Seems like big money flowing up here
Adani transmission above 343 seems good. Good volumes since last 3-4 weeks and a healthy breakout
On chart. One thing to check for is whether the company is falling for corporate governance issues or business issues. If for some corporate governance issue like frauds allegation in recent time. Then stay away. Stop loss is to be taken care of and is the low of the weekly reversal
Ratnamani metals seems interesting at a breakout level. The valuation has been corrected back to 20 P/E that is at 2014 levels. Market cap/sales is at 1.7, a good near term historic levels Fundamentally net cash company with excellent return ratios Promoters structure better than APL group
A high volume breakout above 316 is a buy Lately the 2nd grade FMCG companies like Amrutanjan, DFM and ADF are shaping up
Sterlite tech has been a popular story which was at 51 P/E valuation at the top and now at 7 P/E valuation. The monthly support acts as a crucial point in it's stock life cycle. A low risk trade with a reward to 140-145.
Sterlite tech has been a popular story which was at 51 P/E valuation at the top and now at 7 P/E valuation. The monthly support acts as a crucial point in it's stock life cycle. A low risk trade with a reward to 140-145.
Stertech has been a popular story which was at 51 P/E valuation at the top and now at 7 P/E valuation. The monthly support acts as a crucial point in it's stock life cycle. A low risk trade with a reward to 140-145.
Trendline break and not revolving around the 200SMA for last 4 weeks, indicating loss of momentum.
Bullish momentum loss with price action and trendline confirmation
That's how it looks when you just follow charts and ignore earnings
The sector is not much positive though