HDFC is one of the largest home finance lenders in India, the company was listed on 23 October 1996 on NSE. HDFC is also one of the major lender for housing finance, looking at the daily chart we find that HDFC has always found the support at 100EMA on weekly chart, same situation is currently present on the weekly chart as the price action is near the 100 EMA and we are waiting for the prices to ... [Continue Reading]
Buy or Sell Aarvee Denims & Exports Stock, What is Short Term Target in AARVEEDEN
Aarvee Denims & Exports (AARVEEDEN) stock is in a downtrend from the its peak level of 94 to its lower level 49. When we look at the chart we see that the stock has taken the support at 50% Fibonacci retracement level i.e at 49 level so from current levels we see limited downside, while upside projection target can be 69 and then 85 levels. Placing stops few points below the recent low at 46. ... [Continue Reading]
Buy or Sell Adani Enterprises, Markets are Weaker in short term, Nifty to Weaken Further
Adani Enterprises is a key company of India's leading business group, Adani Group. This company is very well diversified in the Indian market. When we look for stock performance we see very bright future of investors in this company, also the company has proved from time to time about its performance. The technical study on this stock suggest investors to look for buying opportunities in this ... [Continue Reading]
Short Term Bullish Stocks: Buy Siemens Today for Short Term Target as 945 Level, Risky Call
Siemens Ltd. is engaged in electrical equipments business we can also call it as capital goods segment. Siemens Ltd is one of the oldest listed company in India, it was listed on NSE on 6 September 1995. Stock market performance has been nice for the company as we have seen its stock trading from 35 level in 2003 to 1140 levels in 2008. Similar performance was seen in BHEL stock as they belong to ... [Continue Reading]
Stort Term Outlook for Ranbaxy Stock: Buy or Short Sell Today
Ranbaxy Laboratories Ltd. is a leader in pharma sector in India as well as in US, UK and European markets. The company has a long list of its patents. Ranbaxy was acquired by a Japanese pharmaceutical company Daichi in 2008 and then company's performance has gone through many obstacles. Ranbaxy was listed on NSE on 28 June in year 1995, and the stock has nicely appreciated in the last 16 years. ... [Continue Reading]