Elin Electronics listed December 2022, now at Trend Support Buying range 155 - 160 Target 173, 179, 187.5 20% Upside Potential 1:2.4 Risk Ratio
Raw sugar futures in New York fluctuated as poor monsoon rains in India, the second-largest grower, eased a recent bearish sentiment that pushed prices down in the two previous sessions. India has received below-average rainfall during the current monsoon season, according to data from the Indian Meteorological Department. That’s potentially harming the...
Muthootfin gave a weekly breakout, sustaining strong over the levels. Q4 results ahead may reach All Time High Target 1700 12% Upside Potential
DMART Q3 Result View DMART taken strong support on weekly chart and yet to bounce from the support. We can keep target as 3928,3995
BHEL cmp 174 Reached these levels after 8 years nearing monthly resistance Breaking these levels will lead to hit 220 - 224, 30% Upside Potential Monthly resistance reversal will lead 119 - 124 Wait for the Breakout
Delivery Buy WELENT cmp 328. Target 345, 352, 371 13% Upside Potential Weekly breakout, high potential movement. Technically bullish
Defence Execution Council Meet today – expectation of 15 aircraft potential deal with HAL Expect positive for defence stocks after the media report that the Defence Execution Council Meeting will be held today. Expectation that large domestic defence order of nearly Rs11000cr by the government to encourage local players. Positive for HAL, cmp 3070 may move upto 3330
After a correction GMRP bounced back from the daily support and holding above the support. it intimates up move. cmp 51.40 and can move up to 68 Target 58, 62, 68 32% Upside Potential
BANKNIFTY broke the weekly resistance after a month and holding above indicates further upmove. holding above 47750 will lead further move upto 48300, 48570, 48730. Reversal support 47050 - 47350
*Stock Update - JIO Fin* Jio Financial Services is seeking the approval of its shareholders for related party deals worth Rs36000cr ($4.3 billion) with group firm Reliance Industries’ retail unit. Jio Financial is seeking approval of its holders for transactions during financial years 2024-25 and 2025-26 Jio Financial’s unit Jio Leasing Services plans foray...
Tejas Network – Company partnering with FIbreConnect to deploy optical network in Italy. Impact - Positive Expecting 16% Upside movement positionally ( Rs 990 ) cmp 890 Entry can be done in support area 847 - 856
improving financials, trading above the monthly levels Can hold for long term wealth creation for higher returns cmp 251
Stock Update - IREDA cmp 177 ( Downgrade ) Recent IPO listed IREDA rallied more than 300% with the High of 214.80 Profit booking and Weak Fundamentals dragging down with 5 consecutive lower circuits, fell around 30% from its high. Lower supports levels placed at 145 and Weekly support zone 102.25 - 107.80 Resistance 189 - 193.20 Fresh entries are not advised at...
Maruti Trading above resistance levels, showing strong bullish chart Holding will lead to 10300, 10411, 10513, 10630 Support 9958 - 10011 3.91% Upside Potential
BANKNIFTY broke the intraday resistance and moved 180+ points. from breakup point 46840. 47000 CE moved 150 to 280
Stock has formed base near 1080-1100 band and inching higher. It has negated lower highs-lower lows after five weeks. Momentum indicator RSI is positively placed which may support the ongoing up move in the counter. Stock added FTSE All-World Index May move upto 1256 9% Upside Potential
BANKNIFTY broke up the resistance levels and moved +300 Points. 46000 CE Option 21 Feb Expiry moved from 280 to 410. Spot moved from 45480 to 45764 (+300)
BANKNIFTY Negative Bias - cmp 45502 Not sustained above the resistance levels 45593 - 45910 May move down by -300 to -600 Points ( 45128 - 45433) Support placed at 44605 - 44895 Reversal Levels 46132 - 46350 Option Traders avoid early entry due to risk of premium loss upon Expiry