This stock seems to consolidates for some time, finally a breakout long trade can be entered above the 58 level only for immediate target of 72 and 84, also one must place the stop loss order below 53 level. This company is one of the oldest company listed back in 8 February 1995. Also Aarti Industries Limited has been a profit generating company for more than last 5 years. Fundamentals are also ... [Continue Reading]
Midcap Multibagger Stocks: Fundamentally and Technically Strong Stock: 3MINDIA, target 4545
3M India Limited was listed on 7 February 1995 on NSE, the stock price was then about Rs.165 per share. Since then the stocks of this company has given extraordinary returns. Now the stock trades at Rs.3950 per share, this stock has been an out performer in all type of market conditions. Also the company is fundamentally sound, when we look at the technical levels we see the stock trade above the ... [Continue Reading]
Safe Heaven Stocks: Invest in Hindustan Uniliver Stock When Markets are Uncertain
Hindustan Unilever Ltd. is well diversified conglomerate in India its major selling product includes FMCG products. The stock of this company was listed on 6 July 1995, the stock performance is not that attractive but the stock at CMP is really valuable. Daily chart of Hindustan Uniliver stock suggest that there will be some sort of range bound movements. We will not recommend any trading view in ... [Continue Reading]
Multibagger Stock: ABG Shipyard, A long term buy target of 730, 3x Times Returns Possible from These Levels
This stock is one of my favorite in this sector. The technical levels suggest that the stock is currently in the range, but we are confident that a breakout must follow in near term in the positive direction for such breakout our long term target stands at 520 and 730 level, also keeping our stops below the lower band of the current range i.e 350 zone. Fundamentals are not very strong but still a ... [Continue Reading]
High Beta Stock: Accumulate Sesa Goa Stock on Every Decline, Multibagger Stock
Sesa Goa Ltd. is one of the largest mining company in India, having most of its mining activity in Goa. This company was listed in NSE and BSE on 13 May 1998. The stock was trading at Re.1 level in 2003 and made a high of 495 in 2010, so we see that stock has tremendous potential in longer term, but for short term we are seeing the stock in a downtrend and has been correcting sharply as seen in ... [Continue Reading]
