#ICICIGI is in an uptrend inside this parallel channel#ICICIGI
“ICICI Lombard General Insurance Co Ltd” - Stock is in an uptrend inside this parallel channel.
Also breaking out of the diagonal trendline. I think a pullback towards buy zone as in chart can give good potential returns. Long-term target zone also on chart.
Stockmarketindia
#HUDCO made a new ATH after more than 6 years Stock made a new ATH after more than 6 years and today Stock is up >19%.
Such stocks tend to go much higher.
Anyone looking for a long-term investment, then this can be a good stock to add to long-term portfolio.
If market gives a chance, can add to stock also at ₹100-₹110 levels.
Also, this stock has been consistently giving dividends as well.
#Banknifty Higher timeframe Major update#Banknifty
Higher timeframe Update
There are 2 zones that I am eyeing for potential botton.
1) 45800-46300: This is a breakout zone and Banknifty has already tapped it. We can see some consolidation in this zone before any major move either side.
2) 44950-45490: Big gap pending zone. Market rarely leaves such gaps/ inefficiencies open. If this is mitigated, it would be very bullish overall for Banknifty.
#IKIO - Base formation happening#IKIO
Bought some IKIO Lightings Ltd shares @₹324.15/-
Stock available at a discount of >17% from stock listing price in Jun’23
Small-Cap Company has good fundamentals; can give good returns.
I would be worried only if stock breaks recent lows, else relaxed on this one.
#VASCONEQ stock with good fundamentals and good technicals.#VASCONEQ
Another small cap stock with good fundamentals and good technicals.
Has reclaimed a very important S/R zone on higher timeframe.
Some quantity can be bought at current levels because of breakout on daily timeframe.
Also, In my opinion, ₹59-₹71 zone is a good zone for accumulation if market gives a chance.
I see another 50-60% upside as first target and this can also be a multi-bagger easily in long-term.
#WSTCSTPAPR / West Coast Paper Mills looks ready for 40% move#WSTCSTPAPR / West Coast Paper Mills Ltd
Looks amazing at current levels. Paper stocks were in focus few months back and should be back in focus soon I believe.
Technical and Fundamentals of these stocks are good. Stock was in consolidation mode for 1 year before the breakout and now retesting previous ATH levels.
I'll be looking to buy this on Monday as soon as market opens.
CMP: ₹674.70/-
$INDY: Update - Buy signal in monthly scale here...🚨🚨🚨
If you are not exposed to India, now is a good time to join.
📢
Train is leaving the station here, monthly suggests immediate upside in the order of 8-10% in the coming quarter, which will likely trigger a breakout away from the long term consolidation here, to trace my expected path long term...
This can be the beginning of a huge long term advance, quarterly chart is very close to triggering a trend signal, so the reward to risk in this idea could be astronomical.
Best of luck!
Cheers,
Ivan Labrie.
#HPPSTMNDS - Happiest Minds Techno Ltd ready for take off!#HPPSTMNDS
IT sector resurgence has started I think and some of the IT companies are looking nice.
One such stock is Happiest Minds Techno Ltd which I think is close to a nice breakout!
Keep an eye, as confirmed breakout can lead to 25-50% move in coming weeks/ months.
#PARAGMILK - Seems to be a nice buy at current levels#PARAGMILK
Seems to be a nice buy at current levels.
Consolidation near support and back inside the old parallel channel.
Forming higher lows and higher highs on lower timeframes. I think this eventually goes to new ATH in coming months.
Buying here at CMP i.e. $217.90 with SL of ₹187 and Targets of 234-268-317-357
#DoYourOwnResearch before investing
ADANI Total Gas Ltd looks ultra bullish!ATGL looks ultra bullish and can be a multi-bagger in the long-run.
After a pro-longed downfall, stock has shown some strength in past few days based on technicals + fundamental indicators.
In the chart as well, from technical point of view, there are too many inefficiencies left behind while stock was taking a hit and price was falling. In my opinion, all those inefficiencies should be filled in long-run.