Neat clean breakout in Elgi EquipmentThe stock has given a breakout once again after a small correction. It is ready for next phase of movement. Short term and medium term targets have been given in charts. Keep liberal stop loss of 160 initially and once the stock goes in our direction then trail the stop loss to our buying price.
Uncharted
Hindware: HSIL ltd, Multi year breakout, uncharted territoryHi All,
The whole space of home innovation looks great and Hindware is one of those renowned companies known for its products.
The stock has given multiyear breakout and is traversing in blue sky zone.
Buy the stock at current levels for short term targets (within 6-7 months) of 225 (23% up) and 250 (36% up).
Keep liberal stop loss of 150.
***ideas are my own** Invest as per your risk taking ability***
JUBILANT LIFE SCIENCES : PHARMA STOCK BUY : UNCHARTED TERRITORYThe stock is forming higher high and higher bottoms in longer time frame charts, which shows that
stock is in upside trajectory. The stock has given a breakout from it's previous big resistance and is sustaining those
levels as well. Keep stop loss of 870 and buy for medium term (i.e. for 8-10 months) targets of 1150 (17%) and 1250 (27%).
**ideas are my own** invest as per your risk taking ability**
MPHASIS Break-Out and entered all time highFollowing the trend of technology stocks and healthcare stocks.
Mphasis (a technology company stock) has given breakout from it all time resistance and has entered uncharted territory.
Keep stop loss at 1153 and buy. Keep a view of 3 Months to 1 year and buy.
*** ideas are my own , please invest as per your own risk ***
Gold Uncharted Territory?Good day, snipers. Here in Gold , I am still looking for that long. If price breaks above the ranges like it did last time, that's when I'm placing an en try to go long. Since going long can lead us to uncharted territory, I will take profits on the all time highs and leave most of my positions with SL at entry since we're headed to that uncharted territory where we don't know when gold's bullish movement will halt. Dollar is still down so, no doubts in going long here, just search for the perfect entry like what I give my students with SL and TP.
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Ideas posted are not financial advise, but merely just to give insights and education for traders.
Past performances do not determine future gains.
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Alliance Grain Traders (TSX:AGT) safely in uncharted TerritoryThis long term top performer is now safely into uncharted territory.and appears to be a low risk BUY.