stock guide

"At the current juncture, Jubilant FoodWorks has formed an “Inverted Head & Shoulder” pattern on daily charts and is on verge of fresh breakout above the neckline of the pattern formation," Shitij Gandhi, Senior Technical Analyst,…

"Short-term traders can look to buy Tata Motors around the current market price of Rs. 440 and look to add on dips around Rs. 430 for a potential target around Rs. 462 and Rs. 475 in the short term. The stop loss on long positions should…

“NOCIL witnessed a golden crossover where the 50-DMA crossed the 200-DMA on the upside, which is considered a bullish breakout pattern and the stock has entered the Bull market,” Nilesh Jain, Analyst - Technical and Derivatives Research,…

“Chalet has now given breakout from 3-month consolidation with incremental volumes. It is also witnessing follow-up buying which increases the confidence about breakout being sustained,” Gaurav Bissa, VP, InCred Equities, said.Follow…

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“On the weekly charts as well, Ashok Leyland is holding well above its 100- and 200-Days exponential moving averages and can be seen trading in a rising channel with the formation of the higher high and higher bottom pattern,” Shitij…

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APL Apollo Tubes, part of Iron & Steel Products industry, has fallen more than 20 per cent from the December 2021 highs but fundamentals suggest that a pickup in sales volume, margin expansion as well as fresh CAPEX plans could take…

“UltraTech on the weekly chart has witnessed a decent correction from the recent peak level of 6918 and has attained the 200 weekly simple moving average level of 5150 indicating some support witnessed,” Vaishali Parekh, Vice President -…

Our investment philosophy looks for superior returns on incremental capital, and scalable and well-managed businesses. Bullish on private sector financials, consumer discretionaries specialty chemicals, healthcare, and IT services space,…