Stocks Previously discussed
JWL (Jupiter Wegon) initiated during Nov, 2022 near 82 made high of 411 last week. Call is now closed and fresh entry only on sustaining above 405.Profit booking message was shared on twitter last week.
IRCTC given on 3-5-2023 at 613 hit 758 during Friday session( up almost 24%). Completed our targets. Still a buy for another 15-20% move with trailing stop of 705.
HeroMoto Corp was given at 2660 on 15-5-2023 and hit 3244 (22%) on 01-08-2023 . Again a buy if sustains above 3010.
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 277 (46%). Book Profit is advisable.
RBL Bank : Long was advised on 30-4-2023 when stock was at 160, stock did 251(57%) on 27-07-2023 and after some correction it's available at 232, providing good buying opportunity. Keep stop at 220.
Laurus LAbs : Long was advised on 3-5-2023 when stock was at 298 and updated on 3-6-2023 at 346, stock hit 418(40%) and available at 410. Book full on rallies upto 450 and fresh entry only on sustaining above 452..
SWSolar long was advised on 3-6-2023 for 313-35 when stock was at 289, Now stock made high of 408(41%). Hope you booked profit. Reentry is advisable above 390.
Nestle was advised on 3-6-2023(Facebook) for 20% move when stock was at 22046, stock hit 23395(7%) and again in buy range.
JSW Steel was advised on 3-6-2023(Facebook) for 14% to 40% move when stock was at 706, now stock hit 835(18%). Stay invested/Add more for fresh targets mentioned in our 4 sept update on twitter.
Dixon Stock was given on Twitter on 15-08-2023 at 4651. Now stock hit 5225(+12%) and still a buy on dips candidate with stop below 4950.
Voltas : Stock was covered in our July 19 youtube video at 755 and again updated on 31 August on twitter for 1065. Stock tested 908 and providing entry opportunity above 910.
BharatForge initiated on 9-08-2023 at 963 has now hit 1111. Stock has given big breakout on monthly charts. Stay invested for multifold returns in coming months. Stop 850.
ITD Cementation Stock was initiated at 200 on 15-08-2023. Now stock hit 250 and one can stay invested for 270-300 in coming weeks.
HCC Long was initiated on 11-06-2023 @19.5. Now stock hit 30.30 (55%) and still looking good for entry for our final target.
SJVN Long was initiated on 11-06-2023 @36.5. Now stock hit 67.25 (84%) and still looking good to be added on dips.
Fresh Stocks to Watch
Stock was in uptrend recently and was consolidating in a small range for last few days. On Friday stock shown breakout from falling trendline. We expect the stock to move higher after this Flag Pattern Breakout on daily charts. Stock has support near 56-54 while stoploss can be placed below 53. We expect stock to test 64-75 to 92 in coming weeks.
After testing highs of 1045 last year, stock came down to 412 in just one and half year. Now after good consolidation and inverted Head and Shoulder pattern breakout on daily as well as weekly charts, we expect stock to move higher in coming months. Add for 750-80 to 850 keeping stop below 600.Stock has good support around 635-50.
After great move from 400 to 665 during March to July, stock was in consolidation mode for some time. Now stock has given breakout from falling trendline and pattern of Flag is easily identifiable expect stock to move higher in coming days.
TeamLease
Stock is looking good after breakout. Use dips to add
Recently stock has given breakout of its long term formation of rounding bottom pattern. We expect stock to continue its upward rally upto 670-780 in coming months. Stoploss can be placed below 525.
After long period of down trend and consolidation, stock has shown descending triangle breakout on weekly charts. Above 182 stock can move towards 200-220 in coming days.
