rdkriplani

rdkriplani

With chatter about a fuel price cut.. HPCL could have a short term breakdown.. Short below 406.50 with a Stoploss above 420. If the breakdown happens the stock could gravitate towards 392 which is the 50EMA.

rdkriplani

After a long consolidation SW Solar seems to be breaking out again.. Long above 760 (Todays high) with Stoploss below 700. Potential triangle breakout here.. The stock has good tailwinds and a good sized Orderbook in place.

rdkriplani

With most approvals already in place..NCLT approval (Hearing tomorrow) should be a formality. The stock is trading at a 23% discount to its operative company...that gap could reduce further.. Long at current price. Really can't see the need for a Stoploss but still SL below 12000.

rdkriplani

With Soda Ash prices falling 14% in China..it could have a spillover effect into India as well. Tata Chem is one of the market leader in Soda Ash. Short below 1060 with Stoploss above 1080 for targets of 1020 and below. A break below the 200EMA and if markets are weak it could lead to a proper fall.

rdkriplani

With Iron Ore prices correcting.. Short below 211 with a stoploss above 221. There could be a breakdown.. Iron ore prices have fallen from $98 -> $93.

rdkriplani

With the monsoons being positive and Agro theme doing well.. This co won't produce the best results but because of strong sentiment seems to be ready for a good short term trade. long above 695 with a Stoploss below 650.

rdkriplani

With Balu Forge going nearly vertical and Aluminium casting being a higher requirement in EV's.. Alicon could do well. The stock went sideways for the past 2.5 months and finally broke out last week. A move above 1485 could leave to another breakout and a vertical move Or a pullback to 1400 and then a bounce from there. Stoploss below 1330.

rdkriplani

A stock that's spoken about growth a lot but hasn't performed upto expectations. There is growth around the corner and if the company can start performing..the bottom is in. Long at current price with Stoploss below 330. There has been the 200EMA breakout/ the downward trendline breakout too while also having a higher low and higher high.. The next stop...

rdkriplani

With commodity prices starting to jump...Hind Zinc can be one of the bigger beneficiaries. Long at current price and double up around 490 (200EMA).. As long as it stays above that and we keep a Stoploss of 470..this could become a profitable trade. First target 620.

rdkriplani

A stock that's got potential to break out into further momentum. The stock has been one of the out performers in this otherwise weak market.. Buying the stock breaking out into new highs might give some quick gains. Long above 600 with Stoploss below 570..or intraday 2% below cost for aggressive traders.

rdkriplani

With most of the market going downwards..there has been demand for this co.. Watch for any pullback towards 400 as a chance to buy it and ride the relative strength. Long above 400 with stoploss of 10% below.. Investment grade stoploss below 345. (200EMA) This co could move from strength to strength. Would take a smaller allocation of no more than 5% coz of...

rdkriplani

with the BSNL tenders soon to be opened and orders to be given out in the next few months.. Tejas could be a beneficiary.. Long above 1300 with a stoploss below 1180. The stop is a little deep so i'd keep the allocation at 5%.

rdkriplani

With other fertilizer stock doing well..Chambal could catch on to the trend soon too. Deepak Fertilizer gave a good result recently and many others could follow esp with a strong monsoon. Long above 525 with a SL below 500..The hope is for the stock to break towards new highs while the going is good for the company. It was been teasing for a breakout a few times...

rdkriplani

With crude prices falling ONGC could fall tomorrow.. Short below 331.50 with SL above 332..its purely an intraday trade coz tomorrow they will also reduce the windfall taxes on crude.. Might even make more sense to short it day after after that news of how much they will drop windfall tax by.. First target 325 and then 313.

rdkriplani

With the whole textile industry getting hyped and some of these stocks forming large multi year consolidation bottoms..expect some good moves in this sector... Stocks like Ambika have already broken the consolidation zone and would be great pickups on any good pullbacks.. Nahar on the other hand is yet to really lift off.. Long at current prices (50%)...

rdkriplani

With crude prices falling and Mr. Goenka breaking his hiatus from TV interviews talking about focusing on this company..expect good things going ahead. The company has already acquired another chemical co while its core business is now a cash cow. long above 298 with a stoploss below 275. The stock will breakout of this consolidation zone above that level

rdkriplani

With crude prices falling and RIL getting a waiver to buy Venezuelan crude..the margins should improve going ahead. The price has done a breakout retest of its recent short term breakout and closed right at the neckline.. If the stock can bounce from here...then there is a short term trade here.. Long above 3025 with stoploss below 2950 or ideally below 2875....

rdkriplani

After multiple attempts PEL finally closed on the weekly above the 200WEMA..its previously always taken resistance there.. This time in 1 go its crossed the 1) Diagonal Trendline Resistance 2) AVWAP of the down move 3) 200WEMA There has been demand in the stock that last entire month the futures were almost always in ban due to accumulation. Long at current...