Get started

Stockstobuy

A PSU bank, multi year breakout, can it multiply your profits?A sector that has woken up in recent years. A bank which is still trading at fair value to its growth backed by positive earnings release Technical chart looks good for a buy setup at CMP. DMI indicates bullish strength and Fibonacci retracement shows the stock having good support at 116 levels Union Bank is my pick of the PSU banks for a medium to long-term horizon. Entry - 140-142 Stop Loss - 116 Target 220/270
NSE:UNIONBANKLong
by shivanimotipara
Good Setup spotted in Burger King India!"Restaurant Brands Asia Limited" earlier known as "Burger King India" is currently showing a good setup and an upside potential of 45% from CMP. The stock had rallied nearly 60% between March-Sep 2023. This very rise was impulsive in nature and therefore labeled as wave 1 on the chart. Between Sep-Dec the stock went through a triple three correction(WXYXZ) and retraced nearly 50% of the impulse. This retracement was in fact was the wave 2. The stock currently is in Wave 3 structure and could rally towards INR 190 mark. On the downside the swing low of 118.1 becomes a crucial structural support for the stock and could be used as a "SL".
NSE:RBALong
by neeraj_2_sharma