Tuesday, 10 April 2018

Short Term Study EDELWEISS


Study on Edelweiss suggests a breakout on charts at 264

The technical chart of Edelweiss suggests a strong uptrend breakout from 264;
above 275 on closing basis, uptrend will get stronger. Strong Support at 257;
Near term resistance 290; 310 and above.

Disclaimer: This  is a study and not a Buy or Sell recommendation.

Wednesday, 4 April 2018

Old School Real Estate will it be a Multi-bagger!

This informative post on Unitech could well become traders favorite in some time!

(CMP as of 4th April 2018 : 6.75 a piece) 
The stock is of Book value INR 35; market cap only INR1,706 crores; reserves of INR8,900+ crores; Total debt of INR 2,900 crores.
Technically, it is about to give big breakout with INR 4 being a strong support; poised for huge upside.
The time frame needs to be 3-4yrs to see how well the patience pays. Expected resistance in upward journey is at three figures from 100 to 300++.
The "logical" valid reason will unfold in future time. Risk reward is favourable now.

Disclaimer: This above article is for study purpose only and does not indicate Buy or a Sell recommendation to anybody.

Tuesday, 3 April 2018

Rise up Again

A Study on new opportunity : Rel Capital



This study purpose chart of Rel Capital indicates strong support on daily chart at 410. Current rate is 438.
While resistance on upward movement is at 450 - 468 - 484- 550- all the way up till 810 where there is a gap in chart. The stock is also in process of a small round bottom which will give good breakout on closing above 640.

Disclaimer: The above article is for study purpose only. It is not a buy or a sell recommendation.