tanrakesh47815

tanrakesh47815

redington is making inverse head and shoulder formation ( complex) .and on breakout at 215 stock to make new high with breakout trg of 244 . management has given guidance of 20-25% growth every year for next 2 years low PE high dividend yield stock. 5th wave trg of 260 is in range and can get extended.

tanrakesh47815

day chart is making inverse head and shoulder pattern once breaks out as possible due to freeze today and looks for breakout of contracting triangle also we have a target of 169-72 and above it 280-300 range . As consolidation looks done and now ready for breakout

tanrakesh47815

correction in 4th wave looks complete as A,B,C marked and 38.2 % retracement done in 4th wave . Accumulate for good return as it may cross previous peak.

tanrakesh47815

in 5th ( 1st) wave breaking out of accumulation . We have a target of 180 and above . Can be accumulated on every dip as 5th wave is a fast rise.

tanrakesh47815

we are in for beginning of 3rd wave and likely to target 900-1000 rs. A low PE stock available at reasonable price . Stock can be accumulated for good return

tanrakesh47815

is showing continuously showing good result qtr by qtr . and now in 3(2) wave expecting good result this quarter and might break the trendline and show exponential price rise.

tanrakesh47815

We might have corrected in 4th wave and inverse head and shoulder in making once crosses 378 will show immense power and target of 478 as per breakout

tanrakesh47815

We are presently highly oversold and MACD might start to cross over as we are near to bottom-line of trend and below 50% retracement .Share can be bought with a small stoploss of 100 rs and would be a good stock to add in your porfolio.

tanrakesh47815

we might have reached short term bottom --LRHR stock . Positive div in hourly chart once crosses trend line i.e 231 will show real power .Company has been generous in giving bonus as given in 2013, 2016 and 2019 and now due again as company has raised dividend . As A, B ,C is over and 4th might have ended here as fibo ext also shows short term important level....

tanrakesh47815

book profit as negative div in 5 min chart and trendline resistance. We are at 5th wave and target of deepak achieved today

tanrakesh47815

The company exhibits positive divergence with a low P/E of 9.2 and a dividend yield of 1.62, with an intrinsic value of 650. It is undertaking capital expenditures of approximately Rs. 852 Cr funded through internal accruals, allocated as follows: Narketpally (USTPL) at Rs. 264 Cr, Mangaon (MSL) at Rs. 195 Cr, and Nagothane (MSL) at Rs. 393 Cr. Additional working...

tanrakesh47815

Looking good in chart at one of the good support zone , accumulate for good returns. Company is currently supplying springs to aftermarkets in over 15 countries. Looking to add ~40 new countries. ~800 number of existing part numbers for export. client -Ashok Leyland, Force, Fuso, GM, Bharat Benz, Isuzu, Mahindra, Renault Nissan, Scania, SML Isuzu, Escorts, Tata...

tanrakesh47815

We are major support and downtrend might get arrested here . Technically end of 4th wave in sight. high EPS of 15rs , intrinsic value 254 low PE of 10.6 .Low Risk High Return stock

tanrakesh47815

WE have seen fibo correction at .786 % of previous rise and completion of 5 wave down suggesting completion of wave 4 . Positive divergence suggest short term bottom in place.

tanrakesh47815

After completing the third wave, the stock has formed patterns A, B, C, D, and E in the fourth wave and now appears poised for the fifth wave, with a price target of 540-580. Fundamentally, the company is a strong bonus candidate and is unique in having allocated three mines for rare earth exploration. The company boasts a dividend yield of 2.77%, a book value of...

tanrakesh47815

inverse head and shoulder pattern in the making once crosses neckline will target 1st of 3rd wave and target of 655-60( indicating breakout)

tanrakesh47815

inverse head and shoulder pattern in progress , once breakout of inverse head and shoulder should target 840-50 range.

tanrakesh47815

corrective rally of 4th wave might be ending here at .618% of previous rally accumulate for higher target of 120-40 .