How To Trade : 15 Stocks: HDFC Bank, UPL, IRCTC, HeroMoto Corp, RBL Bank, Exide Ind, JWL, Laurus Lab, SW Solar, Nestle, JSW Steel Chambal Fert, LICHSGFIN, RITES and Ginni Filaments

Last month blog calls RBL Bank is doing great- Hold, BEL (up by 23%) and Delta Corp (up by 24%)completed all our targets  - stay invested for higher targets, Bharti Airtel completed both initial targets (11%)- Hold, Last week call SJVN ( up by 10%), Indian Hotel (Hit target1- up by 6%) HCC ( Up by 3.5%),SRF (down by 4.5%)performed well whileHindalco and SUN Pharma - Not triggered.

Stocks given on Twitter or Facebook also performed well

JWL (Jupiter Wegon) initiated during Nov, 2022 near 82 is now at 149- stay invested. Detailed technical analysis chart for updated targets posted on twitter on 15-6-2023

IRCTC given on 3-5-2023 at 613 is now at 670 ( up almost 10%) and still awaiting targets mentioned on twitter.

HeroMoto Corp was given at 2660 on 15-5-2023 and hit 3025-26 (up by 13.75%) on 8/9-6-2023 making double top, now available around 2800-2825-good entry.

Exide Ind : Long was advised on 11-5-2023 when an inverted Head and Shoulder pattern become visible and stock was hovering around 190, now stock hit 217 (up by 15%) and still a good buy for targets given.

RBL Bank : recent long was advised on 30-4-2023 when stock was at 160, now stock did 180(12.5%) and after some correction, providing good buying opportunity.

Laurus LAbs : Long was advised on 3-5-2023 when stock was at 298 and updated on 3-6-2023 at 346, now stock hit 375(26%). Book some profit and use dips to add.

SWSolar long was advised on 3-6-2023 for 313-35 when stock was at 289, Now stock made high of 330(15%) in less than 2 weeks.

Nestle was advised on 3-6-2023(Facebook) for 20% move when stock was at 22046, now stock hit 23175(5%)  and still a long candidate on dips

JSW Steel  was advised on 3-6-2023(Facebook) for 14% to 40% move when stock was at 706, now stock hit 782(11%)  and still a long candidate on dips.

Stock is looking good on charts and can be added here and more above 31.5 for 34 to 39-40 in coming days.

 

Stock is trading in an upward channel since long however it was in downtrend for last one and half month. Now, stock is trading near trendline support and if continue to hold 1580-75 range it can move towards 1640-75 to 1750 in coming weeks.

During last 3 year stock failed to deliver as compare to other railway stocks, however now the stock is looking good on daily charts and if sustains above 402 stock can test 431-62 to 500 in coming weeks. Stoploss can be placed below 375.

Stock is trading near support, and once trades and sustains above 282 we expect stock to move towards 293-308. However, below 274 we expect stock to test 250. 

Stock is looking good on daily ( Bullish engulfing candlestick Pattern) and weekly charts and can be added for initial target of 720. On sustaining above 720 stock can test 750. Long term investment is however advisable only o sustaining above 750. Stoploss can be placed below 772.

Stock failed to perform during last 2 years and has corrected almost 50%, now stock is looking on daily as well as weekly charts with inverted Head & Shoulder pattern. One can trade long on sustaining above 390 for targets of 415-30-45 to 490 in short to medium term.