Update on Shree Pushkar. Stock 10% below Stoploss. Immediate bounce likely.

Update on Shree Pushkar. Stock 10% below Stoploss. Immediate bounce likely.

We had recommended a buyt in Shree Pushkar at 250 for a target of 300 with SL of 225. Stock is trading closer to 200 almost 10% below stoploss.

Since the stock has dipped quickly, Technically it is likely to bounce towards 235 in a short span. On the upside the stock will face resistance in the range of 260-280 on long term view.

Fundamentally, the stock is trading at 16x the annualized current quarter EPS. Which is considered to be very cheap.

We expect the stock to bounce towards 225-235 in less than a month and as the market recovers we see the stock at 260-280 in less than 6-9 months. On good further quarterly results, the stock can test 330-350 in a year time. SL 180.

 

source http://gale.in/update-on-shree-pushkar-stock-10-below-stoploss-immediate-bounce-likely/

Update on Navkar Corp. Quality stock at cheaper valuation.

Update on Navkar Corp. Quality stock at cheaper valuation. Price 150.

Stock has hit 52 low recently. Technically the trend is down and can spike towards 160 and 180 in 10 days and 6 weeks respectively.

Fundamentally stock is trading at PE below 25x while its peers trade closer to 30-32x. Stock is 20-25% cheaper to its peers and can post good results in next 6 to 8 quarters.

We have a long term target of 230 in 12 to 18 months and Target of 275-300 in 2 to 3 years time.

Since the trend is down, on can wait for the trend to reverse or keep adding few shares on dips. Those who hold can add few shares now and exit few shares on rally towards 175-180 in 6-8 weeks and wait for the next quarter result.

At 25x current quarterly EPS of 1.69. Fair price is 169.

At 30x current quarterly EPS of 1.69. Fair price is 204.

The range will remain 135 to 205 for next 3 to 6 months.

 

 

source http://gale.in/update-on-navkar-corp-quality-stock-at-cheaper-valuation/

Priority Pick P4 Trades below SL, Here is what you should do.

Priority Pick P4 Trades below SL, Here is what you should do.

Due to recent market volatile correction Priority Pick P4 is trading below SL.

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source http://gale.in/priority-pick-p4-trades-below-sl-here-is-what-you-should-do/

BHEL Technical update. Stock can range between 84 and 97.

BHEL Technical update. Stock can range between 84 and 97.

hort term support is at 85. Continue holdin with SL of 84. Pullaback towards 93 is highly possible. Resistance is at 97 on the upside.
Strongly Bullish above 97 with SL of 90.

Strongly Bearish below 82. For a target of 74 and 67. SL 88.

source http://gale.in/bhel-technical-update-stock-can-range-between-84-and-97/

Decent numbers: Tata Global Bev. Share price: 275. Target 340. 6 months.

Decent numbers: Tata Global Bev. Share price: 275. Target 340. 6 months.

Add on dips towards 250-260. SL 235.

earlier call on Tata Global:

Tata Global Beverage near our Yearly target of 180. Book profits at 175.

source http://gale.in/decent-numbers-tata-global-bev-share-price-275-target-340-6-months/

Bitcoin Technical Analysis & March Forecast 2018