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Invitae Corporation (NVTA) technical reboundAfter that falling wedge, it seems like the price has bottomed.
I`m looking for a technical rebound to $4.50 on Invitae Corporation (NVTA).
Looking forward to read your opinion about it.
BRQS can easily double from here!Borqs’ Subsidiary Holu Hou was Energy Featured in a New York Times article today.
Holu Hou Energy has signed $49.8 million of Contracts in Q2 2022 in the State of Hawaii and are on track to sign onto over $140 million of contracts this year surpassing their previous forecast of $128 million.
Borqs Technologies has also Purchased 5G License with Qualcomm.
52 Week Range 1.60 - 17.28.
Market Cap of only 29Mil.
My price targets are $4.60 and $6.65.
Looking forward to read your opinion about it.
Good fundamentals + Breakout ✨Hey Guys, Yurii Domaranskyi here.
Risk vs Reward = 1 to 10.59 ✨
It means if you risk here 1000$ you may make 10590$ Not bad, huh?
$ELY Bullish Chart Opened Bull Risk Reversals on ELY , chart looks bullish in my opinion. I sold the $20 put and bought the $30 call JAN opex
MACD cross, RSI curl, EMA curl , back above the 22 resistance/support line with good buy volume.
I like the R/R here on the long side, another idea would be to open bullish put credit spreads or go long naked calls. Give it some time I don' t expect a straight line up, great long term common share add too IMO with Top Golf printing money for ELY as they expand locations.
$26.5 first PT
Weekly stock pick #2 #SHLX My 2nd stock pick for the week. I like the macro fundamentals long-term and he TA set up here to buy and hold for awhile.
Please follow and like and ill start doing these weekly. Whenever I take a position.
EID PARRY looking to pack a PunchEID Parry CMP 544. Fresh entry / compounding can be done in EID Parry after closing over 550. Targets for EID Parry Will be: 576 and long term target 620.Trailing stop loss to be maintained at closing below 450. Ethanol and Sugar Trend will continue for a while. Though there will be volatility and traffic will not be one way but the theme should continue for some time.
ONGC making definetive up movesONGC CMP 162 is looking strong. A long term Candidate. Fresh entry above 164.5 closing. Once this resistance is crossed the targets will be 173 and 181 and 191 in the long term. Stop Loss to be maintained at Closing below 130. ONGC is a High Dividend yield stock. At CMP the Dividend yield is 5.6 %. (If the stock goes down, Dividend yield goes up). (This makes ONGC a very good portfolio stock).
KPIT Technologies Long term investment IdeaKPIT CMP 552.30 is a software development and integration company helping Auto sector sail towards smart future. Their involvement in EV and other clean Auto can be the key driving factors for the company. It is a low debt company with decreasing promoter pledge. The stock has given a break out and entry can be taken above 575 closing. Medium term targets for the stock will be 633 and 664. (3 to 6 months) In the long run (9 to 12 months) the stock can reach a target of 700+. You may keep a stop loss at closing below 440.
Railtel Looking good. Long term investment good Dividend payer.Railtel Corporation of India Limited is a Public Sector undertaking under Ministry of Railways. Railtel is at the forefront of providing nationwide Broadband Telecom and multimedia network in all parts of the country in addition to modernization of train operations and administration network systems.
Valuations are decent as the stock trades at a PE of 16. Dividend yield at CMP is around 2.8% which can also be considered excellent. Fresh entry can be taken after closing above 105.25. The targets for the stocks will be 110 and 112. Long term target of the stock 9 months to 12 months can be 121 and 128. You may keep a trailing stop loss at closing below 91.
Railtel is a long term / defensive / slow moving investment idea.
High Dividend Payer HUDCO looking perfect for a BOHousing and Urban Development Corporation Ltd. CMP 35.5 is a high dividend paying PSU which many consider a Portfolio stock material just because of the dividend it pays. At current market price the dividend yield is 6.1%. Net profit of the company has been increasing and so is the investment of FIIs and FPIs in the company. Valuations of the company are very cheap as it trades at a PE of 4.1 only. It is a company with Zero promoter pledge. HUDCO can be slow moving at times as the stock drags sideways quiet often. Entry can be taken above 36 closing. Targets will be 38.4. Long term target will be 44 and 46 respectively (6 to 8 months). Stop loss should be maintained at closing below 30.
Persistent systems might persist with an upmove.Persistent Systems is a good long term story available at what some consider expensive valuation of 41.6 PE at CMP 3757.65. It is a company with Zero promoter pledge and low debt where Mutual funds and FII/FPIs are increasing their stake. Take X/2 entry in the company at 3852. Second SIP of X/2 entry can be taken at closing above 4008. The targets will be 4247 and 4409. Stop loss should be maintained at closing below 3280.
Poonawala Fincorp back in contentionEntry in Poonawala Fincorp can be taken above 247.5 closing. The targets will be 282 and 303. Long term target in the company will be 340+. Stop loss can be closing below 214. Poonawla Fincorp is valuation wise little expensive stock but momentum in the stock is picking up. The company has Zero promoter pledge and FII/ FPI stake in the company is also increasing.
Gujarat Gas looking strongX/2 entry can be taken in Gujarat Gas can be taken above 560 closing. Second X/2 entry or compounding can be done above 580. The targets for Gujarat Gas will be 619 in the medium term. Long term target for Gujarat Gas will be 676. Stop loss can be kept at closing below 481. Gujarat Gas has shown increase in net profit margins, the company has low debt and it is reducing debt further. It is a company with Zero promoter pledge where MFs are increasing stake.
Having Kajaria Ceramics, in the portfolio mix can be beneficial.Entry in Kajaria Ceramics can be taken after closing above 1082. Targets will be 1173 and 1274. Long term target (12 to 14 months) in Kajaria Ceramics will be 1353. Stop Loss should be maintained at closing below 880. Kajaria Ceramics is a medium to long term investment idea. Negative aspect of the stock is valuation as the stock trends at a PE of 44.2. The positive aspect of the stock is that it is a low debt company with Zero promoter pledge where MFs and FIIs are increasing their stake. The momentum in price is strong, Annual Net profits are increasing and net cash flow of the company is also increasing.
Cochin Shipyard might not remain laggard in the weak market.Entry in Cochin shipyard Ltd. can be taken after closing above 358.5. Targets will be 382 and 401. Long term target (12 to 14 months) in Cochin shipyard will be 428+. Stop Loss should be maintained at closing below 280. Cochin Shipyard is a medium to long term investment idea. Negative aspect of the stock is the net profit which has been below par for last two years or so. Valuation of the stock is cheap as the stock trends at a PE of 8. The positive aspect of the stock is that it is a low debt PSU with Zero promoter pledge where MFs are increasing their stake. The momentum in price is good, Annual Net profits are increasing company has posted a good result which was above expectation of many experts.