Only Learning and Trading Ideas. Now this is a Rocket launcher I can say, A crisp clear transperent stock. Net sales, EBITDA, PAT, PBT rising up in last five quarters and in last five years too. We will see the returns: 5 years - 1600% 3 years - 348% 2 years - 160% Till this year now - 68%. A buy back offer given by company on 7 March 2019 further indicates the...
For educational purpose only. W pattern is on the verge of making. Double bottom formation. Can move from 275 to 300. If it comes down it may come at 0.5 line (fibonacci levels).
Stock has broke a long time trend line and closed above the trendline with good volume which indicates a possible shorterm uptrend for few trading sessions. Positional buy above 102 for targets of 109 & 113 in transaction + 5 days, keep SL at 96 (closing basis).
Go Long for Apollo Tyres. Decent returns of around 5% to 7% is expected in next 2-5 days.
Levels mentioned in the chart. Stock has come out of the channel after a long time and break the resistance levels too.
ONLY Learning and trading ideas.The stock has resisted around 300 levels for quite few trading sessions and now is ready to break the resistance. With PSU banks moving upside this stock may give you decent returns. Levels given in the chart.
Monthly chart. The stock is making higher highs in monthly chart and forming a ascending triangle pattern and a breakout is expected at 410 levels. Positional buy above 410 for targets of 440-445. Keep SL of 392 on closing basis.