Ticker

6/recent/ticker-posts

How To Trade : United Spirit, Chambal Fert, Granules, UPL, Zee Learn, Wipro and Cochin Shipyard

 


United Spirits : McDowell-N: Stock is loooking good on Chrts for targets of 867-90-905 in coming days, Stop can be placed at 825.





UPL Company has already announced buy back at Rs.845 while cmp is just 725. Once stock trades and sustains above 732 one can add for 757-65 to 795-800, while stoploss can be placed below 700.



Investment Idea: Zee Learn

Stock has corrected sharply in recent time, now it got some support around 10 and trading at 13+, Add as an investment for 15-17-20 in coming weeks. Support exists near 12, while stoploss can be placed at 10.




Wipro : Stock has corrected sharply from higher levels after making double top formation. Now stock found support near 545-25 and tried to move up thrice, Use dips to add near 535-20 while nearest support is 577-62 and can be used to add for 605-630-650 in coming weeks.




Granules : Stock took support from long term trendline and has given fresh breakout with bullish engulfing candle on Friday on daily charts. One can add above 311 for 6 to 10% move in coming days with stop below 300.






Chambal Fert

Stock is looking good on charts for coming days. Inverted Head & Shoulder Pattern is also visible on daily charts indicating good short term upside. Add till stock is above 410 for 448-55 in short term and if sustains above 455 stock can retest recent highs. Stock has good support near 415-18, Stoploss can be placed at 404 on closing basis.




Cochin Shipyard : After great correction of 35% from peaks and more than 61.8% Fibonacci Retracement of previous rally stock found some support. Stock is looking good for 325-30 to 355-60 if trades and sustains above 306 in short to medium term, However in volatile market an stoploss can be placed at 294.