Thursday, 19 January 2017

Federal Bank – Another Strong Quarter

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We had recommended Federal Bank to our investors on September 30, 2016 when the scrip was trading at Rs 72. After our recommendation Federal Bank had posted strong financial performance for the September 2016 quarter. With the demonetisation taking place in between (On November 8, 2016) a lot of volatility was seen in the Indian equity...
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Thursday, 29 December 2016

Grasim Industries Ltd – On the verge of breakout.

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Grasim Industries Ltd on a daily chart stock price is making higher high and higher low pattern with increase in volumes, indicate positive outlook for the stock price. Technically on daily chart stock price at Rs. 843 has touch the downward sloping...
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Tuesday, 27 December 2016

ITC Ltd – Double Bottom Pattern

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ITC Ltd on a daily chart stock price is making higher high and higher low pattern with increase in volumes, indicate positive outlook for the stock price. Technically on daily chart stock price at Rs. 234.50 has given the breakout of descending...
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Monday, 26 December 2016

Emami Ltd – Downward Sloping Trend Line

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Emami Ltd on a daily chart stock price is making higher high and higher low pattern with increase in volumes, indicate positive outlook for the stock price. Technically on daily chart stock price at Rs. 989 is on the verge of breakout of...
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Friday, 23 December 2016

Maruti Suzuki India Ltd – Downward Sloping Trend Line

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Maruti Suzuki India Ltd on a daily chart stock price is making higher high pattern also stock price is trading above the 20 DMA, indicate positive outlook for the stock price. Technically on daily chart stock price at Rs. 5193 has given...
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Thursday, 22 December 2016

BEML Ltd – Rounding Pattern Breakout

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BEML Ltd on a daily chart stock price is making higher high and higher low pattern also stock price is trading above the 20 DMA, indicate positive outlook for the stock price. Technically on daily chart stock price at Rs. 968 has given the breakout...
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Wednesday, 21 December 2016

Mahindra & Mahindra Ltd – Downward Sloping Trend Line

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Mahindra & Mahindra Ltd on a daily chart stock price is making higher high and higher low pattern also stock price is trading above the 20 DMA, indicate positive outlook for the stock price. Technically on chart stock price at Rs. 1185.10 is...
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