Roopesh80

Roopesh80 Feb 14

RITES pays dividends, stock split etc.....but it has given major bamboo to its investors after the major run up...The most likely reversal area is around 150-160....provided we see some price action there....I wouldn't have much hope unless the overall Indian market sentiment improves.. Why can't they remove LTCG tax? FIIs are getting better returns putting their...

Roopesh80 Feb 8

This stock is drunk...300 being key level...if that breaks....hello 100s or even 2 digit area....Lets face it, we are in a mini bearish market trend in an overall bull trend, the question is when will FIIs stop their selling spree?? I have no idea, but this company is in the business of making booze....and booze never goes out of demand.....I am buying small...

Roopesh80 Feb 8

This stock has been on a downward spiral since the big bang.....It lost its last level of support and struggling there....Either this will be reduced to a penny stock, or we can expect a reversal....Unless govt does something to revive the sentiments in the stock market, many stocks will be revisiting their lows.....many will break their lows, crores will be wiped...

Roopesh80 Feb 8

Highly manipulated, yet very enticing as the risk reward seems excellent.....From a peak of 4500 to now 600 levels....It can retest 525 levels again as no proper double bottom has formed. I have started buying small amounts and averaging down, with multiple sell orders till 4500....My selling will begin in small amounts once it crosses 10%, with increments of...

Roopesh80 Feb 2

Nifty has been on a one way rally after breaking out of the orange channel and made a new green channel....Now it is in corrective phase, and it could rally from here....2 questions we have to ask, are the valuations justifiable at these levels and secondly is there a catalyst to take this higher....Frankly when markets go up too high too fast, the corrections are...

Roopesh80 Jan 29

VIP has lost its sheen for a while now...but for a bull case scenarios, it is coming to a critical area of support. You can start buying here....The green trendline is your supposed friend as support...The red trendline is the danger area....I have started buying here and will average down....will keep multiple sell orders till all time high....FIIs are still...

Roopesh80 Jan 23

On a weekly basis the aggressive selling has shown lesser momentum....If you want to buy, wait for it to break the downward orange trendline at least.....you can start adding few positions with every dip, but the amount of investment has to be very small.....probably 0.25% of your portfolio as I don't know when big money will step in, we are in unchartered area...

Roopesh80 Jan 20

RBL was a Rs 700 stock, before falling from grace....we are clearly in a support area and i envision 2 paths for this stock, note the tight downward channel on weekly....there is buying interest with huge upside potential...Although stocks have a habit of making multiple trips to support area before an actual reversal, don't expect anything major for a while, but...

Roopesh80 Jan 9

I'm torn when it comes to this stock, it is a decent bank which had bad leadership and it has paid the price for it. But fundamentally, this is still a good stock. I see 2 scenarios, it can go to INR 10 per share, or if it respects the channel, I'm expecting a breakout anytime soon. Remember, market makers like to shake out retailers from any position, before the...

Roopesh80 Jan 8

Hathway Cable has been on a downtrend for a while. While it has Jio holding a substantial portion of it, it hasn't rallied as expected. But my view is that it is coming to a critical zone, it has support of one of the biggest companies in India, its financials are quite decent. Buy a little with every dip, and what i drew on the chart is how I envision the stock...

Roopesh80 Mar 27, 2024

Nasdaq has rallied and recovered losses for today. From a candle perspective, it isn't that big on daily....but....depending on data tomorrow, it may run up heavily to 18600+ or knowing institutional traders, they might go slightly above the ATH, gather all the FOMO buyers and then dump it to the FOMC candle on 4 hr chart which is around 18000. trade the day, it...

Roopesh80 Mar 27, 2024

US 100 is currently moving in a bearish channel. It could turn out to be a bull flag or a start of huge capitulation move....We don't know.....What I do know is as a day trader, I will sell at upper end of channel or last heavy resistance and buy at lower end of channel. My profit target is consistent at 50 pints conservative and 100 points if the market really...

Roopesh80 Dec 6, 2023

Delta Corp has been consolidating after that insane GST news, and forming an inverse head and shoulders pattern....Any break above 160 with volume would signify a strong trend change...I have started investing little by little, my target is 450++, take positions at your own risk....

Roopesh80 Dec 5, 2023

BCC has been respecting the major trendline in white and has given an impulsive move from the trendline, I'm expecting a similar move from the current levels, as it is forming a bullish flag pattern....You can enter this as a swing trading opportunity or a long term investment....its a Bajaj company after all.....My target is 540+++....Use proper risk...

Roopesh80 Oct 27, 2023

If Kitex breaks the key monthly resistance level, we can expect a measured move....You can expect 4x returns, but you will need a lot of patience...I'm already invested and will stay invested till it reached 800+....Happy Investing...

Roopesh80 Oct 24, 2023

Formed Head and Shoulders, will wait for it to break and reach demand zone and then will start accumulating....

Roopesh80 Oct 19, 2023

I see 2 potential scenarios....Right now contraction is happening before expansion....I believe the worst is almost over for this stock...I'm a long term holder so I'll be accumulating at this level and lower if possible. I already have positions from 30 levels, will add if it pulls back to support. I will of course start offloading from 100 levels little by...

Roopesh80 Updated  Oct 18, 2023

This stock has been beaten up quite a bit, This stock has been consolidating for a while now. I have personally taken a stake in this stock as i believe most of the negatives have been taken into account, and tech and AI are the future. I believe it will touch the upper end of the channel in a year or 2.