AGGRESSIVE NEW LONG, LONG COVER, AGGRESSIVE NEW SHORT AND SHORT COVER.

Stocks are chosen based on action in stock Futures. Aggressive word represents that the volume traded was more than its average traded volume. New long or New short means that the ‘Open Interest’ for going long or short has increased with increase in price of the stock futures. Short cover or long cover means that the open interest has reduced with increase or decrease in price of stock futures respectively. Short cover also means people who were short (Bearish) on a stock are booking out of short positions taken in the stock.

 

Aggressive New Long	Aggressive Long cover
Can Fin Homes Ltd	Infibeam Avenues Ltd
–	Hero MotoCorp Ltd
–	Larsen & Toubro Ltd
–	Ceat Ltd
–	Bata India Ltd
–	Apollo Tyres Ltd

 

Aggressive New Short	Aggressive Short cover
DCB Bank Ltd	ITC Ltd
KIPT Technologies Ltd	The Federal Bank Of India Ltd
–	Axis Bank Ltd
–	Nestle India Ltd
–	Britannia Industries Ltd
–	Tata Chemicals Ltd

source https://gale.in/aggressive-new-long-long-cover-aggressive-new-short-and-short-cover-52/

TECHNICAL BULLISH & BEARISH; TREND UP & TREND DOWN; OVER BOUGHT & OVER SOLD

Stocks are termed TECHNICAL BULLISH & BEARISH; TREND UP & TREND DOWN; OVER BOUGHT & OVER SOLD based on RSI Oscillator.

The Relative Strength Index (RSI), developed by J. Welles Wilder, is a momentum oscillator that measures the speed and change of price movements. The RSI oscillates between zero and 100. Traditionally the RSI is considered overbought when above 70 and oversold when below 30.

RSI Bullish	RSI Trending up
BASF India Ltd	Star Cement Ltd
DB Corp Ltd	CRSIL Ltd
KEI Industries Ltd	Tata Global Bewerages Ltd
Bajaj Electricals Ltd	Glaxosmithkline Consumer Healtcare Ltd
Omaxe Ltd	The Indian Hotels Company Ltd

 

RSI Overbought	RSI Bearish
–	–
–	–
–	–
–	–
–	–

 

RSI Trending Down	RSI Oversold
Cipla Ltd	Central Bank Of India
Page Industries Ltd	Shipping Corporation Of India Ltd
Sonata Software Ltd	BGR Energy Systems Ltd
NMDC Ltd	Eros International Media Ltd
Ambuja Cements Ltd	KIPT Technologies Ltd

source https://gale.in/technical-bullish-trend-up-over-bought-over-sold-43/

CANDLESTICK SCAN: STOCK THAT ARE BULLISH, BEARISH AND REVERSING.

CANDLESTICK SCAN: STOCK THAT ARE BULLISH, BEARISH AND REVERSING.

 

Bullish	Bullish reversal
–	Bosch Ltd
–	The Federal Bank Ltd
–	Timken India Ltd
–	Vardhman Textiles Ltd
–	Sonata Software Ltd
–	BASF India Ltd

 

Bearish	Bearish Reversal
Unichem Laboratories Ltd	Page Industries Ltd
Honeywell Automation India Ltd	Bajaj Auto Ltd
Care Ratings Ltd	Tata Steel Ltd
Maruti Suzuki India Ltd	SJVN Ltd
SML Isuzu Ltd	Delta Corp Ltd
Tata Power Company Ltd	Central Bank Of India

 

Confirm with volume, Oscillators and technical charts before trading to ensure profitable trades. Investors to check for support and resistance levels before exiting or entering into long term trades.

 

source https://gale.in/candlestick-scan-stock-that-are-bullish-bearish-and-reversing-34/

AGGRESSIVE NEW LONG, LONG COVER, AGGRESSIVE NEW SHORT AND SHORT COVER.

Stocks are chosen based on action in stock Futures. Aggressive word represents that the volume traded was more than its average traded volume. New long or New short means that the ‘Open Interest’ for going long or short has increased with increase in price of the stock futures. Short cover or long cover means that the open interest has reduced with increase or decrease in price of stock futures respectively. Short cover also means people who were short (Bearish) on a stock are booking out of short positions taken in the stock.

 

Aggressive New Long	Aggressive Long cover
Bata India Ltd	Jet Airways (India) Ltd
Bharti Infratel Ltd	Allahabad Bank Ltd
Ambuja Cements Ltd	Oil India Ltd
Asian Paints Ltd	Punjab National Bank
GAIL (India) Ltd	IDFC Bank Ltd
Bosch Ltd	Can Fin Homes Ltd

 

Aggressive New Short	Aggressive Short cover
Voltas Ltd	Chennai Petroleum Corporation Ltd
Wipro Ltd	TVS Motor Company Ltd
Apollo Tyres Ltd	Seimens Ltd
MRF Ltd	NMDC Ltd
Ceat Ltd	–
NIIT Technologies Ltd	–

source https://gale.in/aggressive-new-long-long-cover-aggressive-new-short-and-short-cover-51/

TECHNICAL BULLISH & BEARISH; TREND UP & TREND DOWN; OVER BOUGHT & OVER SOLD

Stocks are termed TECHNICAL BULLISH & BEARISH; TREND UP & TREND DOWN; OVER BOUGHT & OVER SOLD based on RSI Oscillator.

The Relative Strength Index (RSI), developed by J. Welles Wilder, is a momentum oscillator that measures the speed and change of price movements. The RSI oscillates between zero and 100. Traditionally the RSI is considered overbought when above 70 and oversold when below 30.

 

RSI Bullish	RSI Trending up
The Lakshmi Villas Bank Ltd	Tejas Networks Ltd
The New India Assurance Co. Ltd	Cyient Ltd
Kesoram Industries Ltd	Ambuja Cements Ltd
Fortis Healthcare Ltd	Page Industries Ltd
Godrej Consumer Products Ltd	Bajaj Auto Ltd

 

RSI Overbought	RSI Bearish
–	Rajesh Exports Ltd
–	–
–	–
–	–
–	–

 

RSI Trending Down	RSI Oversold
ACC Ltd	Central Bank Of India
Tata Global Beverages Ltd	Shipping Corporation Of India Ltd
Sun Pharmaceuticals Industries Ltd	BGR Energy Systems Ltd
Eris Lifesciences Ltd	Blue Dart Express Ltd
Den Networks Ltd	Yes Bank Ltd

source https://gale.in/technical-bullish-trend-up-over-bought-over-sold-42/

CANDLESTICK SCAN: STOCK THAT ARE BULLISH, BEARISH AND REVERSING.

CANDLESTICK SCAN: STOCK THAT ARE BULLISH, BEARISH AND REVERSING.

Bullish	Bullish reversal
Vakrangee Ltd	Petronet LNG Ltd
–	Sundaram Fastners Ltd
–	Pfizer Ltd
–	SJVN Ltd
–	Heidelberg Cement India Ltd
–	HSIL Ltd

 

Bearish	Bearish Reversal
Apar Industries Ltd	Container Corporation Of India Ltd
Heritage Foods Ltd	Deepak Nitrite Ltd
Indo Count Industries Ltd	Quess Corp Ltd
Eris Lifesciences Ltd	Torrent Power Ltd
Sonata Software Ltd	NLC India Ltd
GE T&D India Ltd	Atul Ltd

 

Confirm with volume, Oscillators and technical charts before trading to ensure profitable trades. Investors to check for support and resistance levels before exiting or entering into long term trades.

source https://gale.in/candlestick-scan-stock-that-are-bullish-bearish-and-reversing-33/

AGGRESSIVE NEW LONG, LONG COVER, AGGRESSIVE NEW SHORT AND SHORT COVER.

Stocks are chosen based on action in stock Futures. Aggressive word represents that the volume traded was more than its average traded volume. New long or New short means that the ‘Open Interest’ for going long or short has increased with increase in price of the stock futures. Short cover or long cover means that the open interest has reduced with increase or decrease in price of stock futures respectively. Short cover also means people who were short (Bearish) on a stock are booking out of short positions taken in the stock.

 

Aggressive New Long	Aggressive Long cover
Vedanta Ltd	Balrampur Chini Mills Ltd
UPL Ltd	Bajaj Auto Ltd
Larsen & Toubro Ltd	Bharti Infratel Ltd
PVR Ltd	Tech Mahindra Ltd
Ambuja Cements Ltd	Godrej Industries Ltd
GMR Infrastructure Ltd	Dish TV India Ltd

 

Aggressive New Short	Aggressive Short cover
Tata Elxsi Ltd	DCB Bank Ltd
NIIT Technologies Ltd	DLF Ltd
KPIT Technologies Ltd	Exide Industries Ltd
ITC Ltd	National Aluminium Company Ltd
Bosch Ltd	Marico Ltd
Tata Motors Ltd	Titan Company Ltd

source https://gale.in/aggressive-new-long-long-cover-aggressive-new-short-and-short-cover-50/

TECHNICAL BULLISH & BEARISH; TREND UP & TREND DOWN; OVER BOUGHT & OVER SOLD

Stocks are termed TECHNICAL BULLISH & BEARISH; TREND UP & TREND DOWN; OVER BOUGHT & OVER SOLD based on RSI Oscillator.

The Relative Strength Index (RSI), developed by J. Welles Wilder, is a momentum oscillator that measures the speed and change of price movements. The RSI oscillates between zero and 100. Traditionally the RSI is considered overbought when above 70 and oversold when below 30.

Thermax Ltd	RSI Trending up
Magma Fincorp Ltd	NMDC Ltd
DCB Bank Ltd	UPL Ltd
Bharat Electronics Ltd	AIA Engineering Ltd
Reliance Home Finance Ltd	Jubilant Life Science Ltd
Orient Cement Ltd	Asahi India Glass Ltd

 

RSI Overbought	RSI Bearish
Rajesh Exports Ltd	DCM Shriram Ltd
–	Tata Consultancy Services Ltd
–	HCL Technologies Ltd
–	Wipro Ltd
–	–

 

RSI Trending Down	RSI Oversold
Sanofi India Ltd	Central Bank Of India
Shree Renuka Sugars Ltd	Shipping Corporation Of India Ltd
Bajaj Auto Ltd	BGR Energy Systems Ltd
Dena Bank	Blue Dart Express Ltd
Balrampur Chini Mills Ltd	Yes Bank Ltd

source https://gale.in/technical-bullish-trend-up-over-bought-over-sold-41/

CANDLESTICK SCAN: STOCK THAT ARE BULLISH, BEARISH AND REVERSING.

CANDLESTICK SCAN: STOCK THAT ARE BULLISH, BEARISH AND REVERSING.

Bullish	Bullish reversal
Reliance Home Finance Ltd	TTK Prrestige Ltd
Himadri Speciality Chemicals Ltd	RBL Bank Ltd
Reliance Naval and Engineering Ltd	MOIL Ltd
City Union Bank Ltd	Bharat Electronics Ltd
Star Cement Ltd	Granules India Ltd
–	PTC India Ltd

 

Bearish	Bearish Reversal
Thomas Cook (India) Ltd	Dena Bank
KEC International Ltd	Ashoka Buildcon Ltd
Sunteck Realty Ltd	Coffee Day Enterprises Ltd
Fortis Healthcare Ltd	Thomas Cook (India) Ltd
VRL Logistics Ltd	Cox & Kings (India) Ltd
Tata Elxsi Ltd	Minda Corporation Ltd

 

Confirm with volume, Oscillators and technical charts before trading to ensure profitable trades. Investors to check for support and resistance levels before exiting or entering into long term trades.

source https://gale.in/candlestick-scan-stock-that-are-bullish-bearish-and-reversing-32/

AGGRESSIVE NEW LONG, LONG COVER, AGGRESSIVE NEW SHORT AND SHORT COVER.

Stocks are chosen based on action in stock Futures. Aggressive word represents that the volume traded was more than its average traded volume. New long or New short means that the ‘Open Interest’ for going long or short has increased with increase in price of the stock futures. Short cover or long cover means that the open interest has reduced with increase or decrease in price of stock futures respectively. Short cover also means people who were short (Bearish) on a stock are booking out of short positions taken in the stock.

Aggressive New Long	Aggressive Long cover
Bajaj Finance Ltd	PTC India Ltd
IndusInd Bank Ltd	Kajaria Ceramics Ltd
United Spirits Ltd	The South Indian Bank Ltd
ACC Ltd	Ceat Ltd
ITC Ltd	RBL Bank Ltd
Escorts Ltd	IDFC Bank Ltd

 

Aggressive New Short	Aggressive Short cover
Indiabulls Housing Finance Ltd	MRF Ltd
Can Fin Homes Ltd	Equitas Holdings Ltd
DLF Ltd	Siemens Ltd
Marico Ltd	Berger Paints India Ltd
BEML Ltd	ICICI Bank Ltd
Eicher Motors Ltd	Nestle India Ltd

source https://gale.in/aggressive-new-long-long-cover-aggressive-new-short-and-short-cover-49/

TECHNICAL BULLISH & BEARISH; TREND UP & TREND DOWN; OVER BOUGHT & OVER SOLD

Stocks are termed TECHNICAL BULLISH & BEARISH; TREND UP & TREND DOWN; OVER BOUGHT & OVER SOLD based on RSI Oscillator.

The Relative Strength Index (RSI), developed by J. Welles Wilder, is a momentum oscillator that measures the speed and change of price movements. The RSI oscillates between zero and 100. Traditionally the RSI is considered overbought when above 70 and oversold when below 30.

 

RSI Bullish	RSI Trending up
Sobha Ltd	SJVN Ltd
State Bank Of India	Cipla Ltd
TVS Srichakra Ltd	Bliss GVS Pharma Ltd
Housing Development Finance Corporation Ltd	Bayer CropScience Ltd
Kotak Mahindra Bank Ltd	Linde India Ltd

 

RSI Overbought	RSI Bearish
Rajesh Exports Ltd	–
Wipro Ltd	–
Tata Consultancy Services Ltd	–
HCL Technologies Ltd	–
DCM Shriram Ltd	–

 

RSI Trending Down	RSI Oversold
Infibeam Avenues Ltd	Central Bank Of India
GAIL (India) Ltd	Force Motors Ltd
Power Grid Corporation Of India Ltd	Centrum Capital Ltd
Glaxosmithkline Consumer Healthcare Ltd	Blue Dart Express Ltd
Coal India Ltd	Yes Bank Ltd

source https://gale.in/technical-bullish-trend-up-over-bought-over-sold-40/

CANDLESTICK SCAN: STOCK THAT ARE BULLISH, BEARISH AND REVERSING.

CANDLESTICK SCAN: STOCK THAT ARE BULLISH, BEARISH AND REVERSING.

Bullish	Bullish reversal
United Breweries Ltd	Akzo Nobel India Ltd
Bliss GVS Pharma Ltd	Essel Propack Ltd
Cox & Kings (India) Ltd	UPL Ltd
Entertainment Network (India) Ltd	The New India Assurance Ltd
–	Lupin Ltd
–	Axis Bank Ltd

 

Bearish	Bearish Reversal
Greaves Cotton Ltd	Oil India Ltd
Graphite India Ltd	PC Jewellers Ltd
Vakrangee Ltd	Tata Metaliks Ltd
–	Avanti Feeds Ltd
–	Vedanta Ltd
–	Jindal Poly Films Ltd

 

Confirm with volume, Oscillators and technical charts before trading to ensure profitable trades. Investors to check for support and resistance levels before exiting or entering into long term trades.

source https://gale.in/candlestick-scan-stock-that-are-bullish-bearish-and-reversing-31/

AGGRESSIVE NEW LONG, LONG COVER, AGGRESSIVE NEW SHORT AND SHORT COVER.

Stocks are chosen based on action in stock Futures. Aggressive word represents that the volume traded was more than its average traded volume. New long or New short means that the ‘Open Interest’ for going long or short has increased with increase in price of the stock futures. Short cover or long cover means that the open interest has reduced with increase or decrease in price of stock futures respectively. Short cover also means people who were short (Bearish) on a stock are booking out of short positions taken in the stock.

Aggressive New Long	Aggressive Long cover
Oil India Ltd	Equitas Holdings Ltd
United Breweries Ltd	ITC Ltd
Oil & Natural Gas Corporation Ltd	Adani Power Ltd
–	Repco Home Finance Ltd
–	Castrol India Ltd
–	Cholamandalam Investment & Finance Company Ltd

 

Aggressive New Short	Aggressive Short cover
Pidlite Industries Ltd	Dewan Housing Finance Corporation Ltd
RBL Bank Ltd	Torrent Power Ltd
Bajaj Finance Ltd	GMR Infrastructure Ltd
Eicher Motors Ltd	Infosys Ltd
Cipla Ltd	NIIT Technologies Ltd
DCB Bank Ltd	Infibeam Avenues Ltd

source https://gale.in/aggressive-new-long-long-cover-aggressive-new-short-and-short-cover-48/

TECHNICAL BULLISH & BEARISH; TREND UP & TREND DOWN; OVER BOUGHT & OVER SOLD

Stocks are termed TECHNICAL BULLISH & BEARISH; TREND UP & TREND DOWN; OVER BOUGHT & OVER SOLD based on RSI Oscillator.

The Relative Strength Index (RSI), developed by J. Welles Wilder, is a momentum oscillator that measures the speed and change of price movements. The RSI oscillates between zero and 100. Traditionally the RSI is considered overbought when above 70 and oversold when below 30.

RSI Bullish	RSI Trending up
Infibeam Avenues Ltd	Infosys Ltd
Emami Ltd	Reliance Industries Ltd
Ramco Systems Ltd	Coal India Ltd
Tata Communications Ltd	Infibeam Avenues Ltd
Quess Corp Ltd	–

 

RSI Overbought	RSI Bearish
Rajesh Exports Ltd	DCM Shriram Ltd
Wipro Ltd	Bajaj Hindusthan Sugar Ltd
Tata Consultancy Services Ltd	ABB India Ltd
–	–
–	–

 

RSI Trending Down	RSI Oversold
Page Industries Ltd	Central Bank Of India
Ramkrishna Forgings Ltd	Force Motors Ltd
Abbott India Ltd	Escorts Ltd
Linde India Ltd	Blue Dart Express Ltd
AIA Engineering Ltd	Yes Bank Ltd

source https://gale.in/technical-bullish-trend-up-over-bought-over-sold-39/

CANDLESTICK SCAN: STOCK THAT ARE BULLISH, BEARISH AND REVERSING.

CANDLESTICK SCAN: STOCK THAT ARE BULLISH, BEARISH AND REVERSING.

Bullish	Bullish reversal
Tata Consultancy Services Ltd	Care Ratings Ltd
Larsen & Toubro Infotech Ltd	SK Kelkar & Co Ltd
–	Jindal Poly Films Ltd
–	Redington (India) Ltd
–	JB Chemicals & Pharmaceuticals Ltd
–	Rallis India Ltd

 

Bearish	Bearish Reversal
The India Hotels Company Ltd	Oil & Natural Gas Corporation Ltd
Blue Dart Express Ltd	Power Grid Corporation Of India Ltd
CCL Products (India) Ltd	Vedanta Ltd
The South Indian Bank Ltd	Finolex Cables Ltd
Bharat Electronics Ltd	GE T&D India Ltd
MRF Ltd	IFB Industries Ltd

 

Confirm with volume, Oscillators and technical charts before trading to ensure profitable trades. Investors to check for support and resistance levels before exiting or entering into long term trades.

source https://gale.in/candlestick-scan-stock-that-are-bullish-bearish-and-reversing-30/

AGGRESSIVE NEW LONG, LONG COVER, AGGRESSIVE NEW SHORT AND SHORT COVER.

Stocks are chosen based on action in stock Futures. Aggressive word represents that the volume traded was more than its average traded volume. New long or New short means that the ‘Open Interest’ for going long or short has increased with increase in price of the stock futures. Short cover or long cover means that the open interest has reduced with increase or decrease in price of stock futures respectively. Short cover also means people who were short (Bearish) on a stock are booking out of short positions taken in the stock.

 

Aggressive New Long	Aggressive Long cover
Vedanta Ltd	Torrent Pharmaceuticals Ltd
The Ramco Cements Ltd	Canara Bank
Page Industries Ltd	SRF Ltd
Berger Paints India Ltd	BEML Ltd
Petronet LNG Ltd	Tata Chemicals Ltd
Interglobe Aviation Ltd	Wockhardt Ltd

 

Aggressive New Short	Aggressive Short cover
Yes Bank Ltd	United Breweries Ltd
Adani Power Ltd	Bharat Petroleum Corporation Ltd
IFCI Ltd	Hindalco Industries Ltd
NHPC Ltd	Biocon Ltd
Syndicate Bank	Tata Steel Ltd
Steel Authority Of India Ltd	ITC Ltd

source https://gale.in/aggressive-new-long-long-cover-aggressive-new-short-and-short-cover-47/

TECHNICAL BULLISH & BEARISH; TREND UP & TREND DOWN; OVER BOUGHT & OVER SOLD

Stocks are termed TECHNICAL BULLISH & BEARISH; TREND UP & TREND DOWN; OVER BOUGHT & OVER SOLD based on RSI Oscillator.

The Relative Strength Index (RSI), developed by J. Welles Wilder, is a momentum oscillator that measures the speed and change of price movements. The RSI oscillates between zero and 100. Traditionally the RSI is considered overbought when above 70 and oversold when below 30.

RSI Bullish	RSI Trending up
Cochin Shipyard Ltd	Sanofi India Ltd
KNR Construction Ltd	Asahi India Glass Ltd
IIFL Holdings Ltd	Phoenix Mills Ltd
HDFC Bank Ltd	Indian Oil Corporation Ltd
Minda Industries Ltd	JK Cements Ltd

 

RSI Overbought	RSI Bearish
DCM Shriram Ltd	Coffee Day Enterprises Ltd
Wipro Ltd	JSW Steel Ltd
Rajesh Exports Ltd	Sonata Software Ltd
Bajaj Hindusthan Sugar Ltd	–
ABB India Ltd	–

 

RSI Trending Down	RSI Oversold
Torrent Pharmaceuticals Ltd	Central Bank Of India
Larsen & Toubro Ltd	Force Motors Ltd
Honeywell Automation India Ltd	Escorts Ltd
Mindtree Ltd	Bharat Electronics Ltd
Inox Wind Ltd	Yes Bank Ltd

source https://gale.in/technical-bullish-trend-up-over-bought-over-sold-38/

CANDLESTICK SCAN: STOCK THAT ARE BULLISH, BEARISH AND REVERSING.

CANDLESTICK SCAN: STOCK THAT ARE BULLISH, BEARISH AND REVERSING.

Bullish	Bullish reversal
–	Aster DM Healhcare Ltd
–	IFB Industries Ltd
–	Infosys Ltd
–	Honeywell Automation India Ltd
–	Natco Pharma Ltd
–	VRL Logistics Ltd

 

Bearish	Bearish Reversal
Dalmia Bharat Ltd	Aegis Logistics Ltd
Fortis Healtcare Ltd	Divis Laboratories Ltd
CCL Products (India) Ltd	Sundaram-Clayton Ltd
Bayer CropScience Ltd	Schaeffler India Ltd
Radico Khaitan Ltd	–
Central Bank Of India	–

 

Confirm with volume, Oscillators and technical charts before trading to ensure profitable trades. Investors to check for support and resistance levels before exiting or entering into long term trades.

source https://gale.in/candlestick-scan-stock-that-are-bullish-bearish-and-reversing-29/

AGGRESSIVE NEW LONG, LONG COVER, AGGRESSIVE NEW SHORT AND SHORT COVER.

Stocks are chosen based on action in stock Futures. Aggressive word represents that the volume traded was more than its average traded volume. New long or New short means that the ‘Open Interest’ for going long or short has increased with increase in price of the stock futures. Short cover or long cover means that the open interest has reduced with increase or decrease in price of stock futures respectively. Short cover also means people who were short (Bearish) on a stock are booking out of short positions taken in the stock.

Aggressive New Long	Aggressive Long cover
ICICI Bank Ltd	Voltas Ltd
GAIL (India) Ltd	Canara Bank
GMR Infrastructure Ltd	Reliance Power Ltd
Muthoot Finance Ltd	Dabur India Ltd
TVS Motor Company Ltd	Biocon Ltd
–	Arvind Ltd

 

Aggressive New Short	Aggressive Short cover
NIIT Technologies Ltd	Union Bank Of India
Reliance Infrastructure Ltd	Bank Of Baroda
NBCC (India) Ltd	TV18 Broadcast Ltd
KPIT Technologies Ltd	Grasim Industries Ltd
Maruti Suzuki India Ltd	V-Guard Industries Ltd
Reliance Capital Ltd	Coal India Ltd

source https://gale.in/aggressive-new-long-long-cover-aggressive-new-short-and-short-cover-46/

TECHNICAL BULLISH & BEARISH; TREND UP & TREND DOWN; OVER BOUGHT & OVER SOLD

Stocks are termed TECHNICAL BULLISH & BEARISH; TREND UP & TREND DOWN; OVER BOUGHT & OVER SOLD based on RSI Oscillator.

The Relative Strength Index (RSI), developed by J. Welles Wilder, is a momentum oscillator that measures the speed and change of price movements. The RSI oscillates between zero and 100. Traditionally the RSI is considered overbought when above 70 and oversold when below 30.

RSI Bullish	RSI Trending up
8K Miles Software Services Ltd	Inox Leisure Ltd
Gulf Oil Lubricants India Ltd	Linde India Ltd
TV18 Broadcast Ltd	KEC International Ltd
Just Dial Ltd	CRSIL Ltd
Entertainment Network (India) Ltd	Mphasis Ltd

 

RSI Overbought	RSI Bearish
DCM Shriram Ltd	Dena Bank
Wipro Ltd	KIOCL Ltd
JSW Steel Ltd	Infibeam Avenues Ltd
Coffee Day Enterprises Ltd	Schneider Electric Infrastructure Ltd
ABB India Ltd	–

 

RSI Trending Down	RSI Oversold
Hexaware Technologies Ltd	Blue Dart Express Ltd
Corporation Bank	HDFC Standard Life Insurance Co Ltd
Lupin Ltd	Bharat Electronics Ltd
CESC Ltd	Unitech Ltd
KIOCL Ltd	Escorts Ltd

source https://gale.in/technical-bullish-trend-up-over-bought-over-sold-37/

CANDLESTICK SCAN: STOCK THAT ARE BULLISH, BEARISH AND REVERSING.

CANDLESTICK SCAN: STOCK THAT ARE BULLISH, BEARISH AND REVERSING.

Bullish	Bullish reversal
Deepak Nitrite Ltd	Trident Ltd
8K Miles Software Services Ltd	Titan Company Ltd
The Great Eastern Shipping Company Ltd	Central Bank Of India
–	IFCI Ltd
–	Future Consumer Ltd
	GE Power India Ltd

 

Bearish	Bearish Reversal
Shilpa Medicare Ltd	Wipro Ltd
BF Utilities Ltd	Hindustan Copper Ltd
NBCC (India) Ltd	Jubilant FoodWorks Ltd
Bajaj Finserv Ltd	Merck Ltd
Corporation Bank	Godrej Consumer Products Ltd
Escorts Ltd	Deepak Fertilizers & Petrochemicals Corporation Ltd

 

Confirm with volume, Oscillators and technical charts before trading to ensure profitable trades. Investors to check for support and resistance levels before exiting or entering into long term trades.

source https://gale.in/candlestick-scan-stock-that-are-bullish-bearish-and-reversing-28/

SIP stocks in Large-cap Banks. We like IndusInd Bank and Yes Bank.

SIP stocks in Large-cap Banks. We like IndusInd Bank and Yes Bank.

We have already recommended CUB, DCB bank in Mid cap Space.

We like Indusind bank at current pricing, add in the range 1800-1850. Target 2400. 1 year. SL 1600.

Yes Bank also looks good in long term. Hold for a target of 400 in a year. SL 300. Share price 323.

Both Kotak Mahindra Bank and HDFC Bank has shown degrowth QoQ but the correction has happened. Stocks are testing crucial support near 200 day EMA.

Next rally in the market should be lead by Private Sector banks, if key support holds.

source https://gale.in/sip-stocks-in-large-cap-banks-we-like-indusind-bank-and-yes-bank/

Hold Delta Corp. Stock near SL on close. Revised SL 220. Target intact.

Hold Delta Corp. Stock near SL on close. Revised SL 220. Target intact.

Reference call:

Enter Delta Corp. Share price 260. Target 325. 3 months. SL 240.

source https://gale.in/hold-delta-corp-stock-near-sl-on-close-revised-sl-220-target-intact/

AGGRESSIVE NEW LONG, LONG COVER, AGGRESSIVE NEW SHORT AND SHORT COVER.

Stocks are chosen based on action in stock Futures. Aggressive word represents that the volume traded was more than its average traded volume. New long or New short means that the ‘Open Interest’ for going long or short has increased with increase in price of the stock futures. Short cover or long cover means that the open interest has reduced with increase or decrease in price of stock futures respectively. Short cover also means people who were short (Bearish) on a stock are booking out of short positions taken in the stock.

 

Aggressive New Long	Aggressive Long cover
Oil India Ltd	Eicher Motors Ltd
Amara Raja Batteries Ltd	Tata Steel Ltd
TVS Motor Company Ltd	Ajanta Pharma Ltd
–	PVR Ltd
–	Chennai Petroleum Corporation Ltd

 

Aggressive New Short	Aggressive Short cover
Coal India Ltd	Britannia Industries Ltd
Bank Of Baroda	GAIL (India) Ltd
Indian Bank	Biocon Ltd
Allahabad Bank	Grasim Industries Ltd
Union Bank Of India	Hindustan Unilever Ltd
Syndicate Bank	Oil & Natural Gas Corporation Ltd

source https://gale.in/aggressive-new-long-long-cover-aggressive-new-short-and-short-cover-45/

TECHNICAL BULLISH & BEARISH; TREND UP & TREND DOWN; OVER BOUGHT & OVER SOLD

Stocks are termed TECHNICAL BULLISH & BEARISH; TREND UP & TREND DOWN; OVER BOUGHT & OVER SOLD based on RSI Oscillator.

The Relative Strength Index (RSI), developed by J. Welles Wilder, is a momentum oscillator that measures the speed and change of price movements. The RSI oscillates between zero and 100. Traditionally the RSI is considered overbought when above 70 and oversold when below 30.

RSI Bullish	RSI Trending up
Kalpataru Power Transmission Ltd	Dena Bank
–	UCO Bank
–	Corporation Bank
–	Indian Overseas Bank
–	Jyothy Laboratories Ltd

 

RSI Overbought	RSI Bearish
DCM Shriram Ltd	JSW Steel Ltd
Wipro Ltd	Praj Industries Ltd
KIOCL Ltd	Monsanto India Ltd
Dena Bank	Oracle Financial Services Software Ltd
ABB India Ltd	Shree Renuka Sugars Ltd

 

RSI Trending Down	RSI Oversold
SKF India Ltd	Blue Dart Express Ltd
Wockhardt Ltd	HDFC Standard Life Insurance Co Ltd
Redington (India) Ltd	Bharat Electronics Ltd
PI Industries Ltd	Unitech Ltd
Linde India Ltd	Bank Of Baroda

source https://gale.in/technical-bullish-trend-up-over-bought-over-sold-36/

CANDLESTICK SCAN: STOCK THAT ARE BULLISH, BEARISH AND REVERSING.

CANDLESTICK SCAN: STOCK THAT ARE BULLISH, BEARISH AND REVERSING.

Bullish	Bullish reversal
–	Coal India Ltd
–	United Spirits Ltd
–	Birla Corporation Ltd
–	Welspun Corp Ltd
–	Advanced Enzyme Technologies Ltd

 

Bearish	Bearish Reversal
Shriram City Union Finance Ltd	Infibeam Avenues Ltd
Gujarat Gas Ltd	Nesco Ltd
Vakrangee Ltd	Central Bank Of India
Vodafone Idea Ltd	Cummins India Ltd
NCC Ltd	Oracle Financial Services Software Ltd

 

Confirm with volume, Oscillators and technical charts before trading to ensure profitable trades. Investors to check for support and resistance levels before exiting or entering into long term trades.

source https://gale.in/candlestick-scan-stock-that-are-bullish-bearish-and-reversing-27/

AGGRESSIVE NEW LONG, LONG COVER, AGGRESSIVE NEW SHORT AND SHORT COVER.

Stocks are chosen based on action in stock Futures. Aggressive word represents that the volume traded was more than its average traded volume. New long or New short means that the ‘Open Interest’ for going long or short has increased with increase in price of the stock futures. Short cover or long cover means that the open interest has reduced with increase or decrease in price of stock futures respectively. Short cover also means people who were short (Bearish) on a stock are booking out of short positions taken in the stock.

 

Aggressive New Long	Aggressive Long cover
Oracle Financial Services Sofware Ltd	Capital First Ltd
Kaveri Seed Company Ltd	ACC Ltd
Engineers India Ltd	Indiabulls Housing Finance Ltd
Suzlon Energy Ltd	–
Reliance Communications Ltd	–

 

Aggressive New Short	Aggressive Short cover
Bata India Ltd	Tata Elxsi Ltd
Berger Paints India Ltd	India Oil Corporation Ltd
Amara Raja Batteries Ltd	DLF Ltd
Bosch Ltd	Siemens Ltd
IDFC Bank Ltd	Eicher Motors Ltd
Bharti Infratel Ltd	Syndicate Bank

source https://gale.in/aggressive-new-long-long-cover-aggressive-new-short-and-short-cover-44/

TECHNICAL BULLISH & BEARISH; TREND UP & TREND DOWN; OVER BOUGHT & OVER SOLD

Stocks are termed TECHNICAL BULLISH & BEARISH; TREND UP & TREND DOWN; OVER BOUGHT & OVER SOLD based on RSI Oscillator.

The Relative Strength Index (RSI), developed by J. Welles Wilder, is a momentum oscillator that measures the speed and change of price movements. The RSI oscillates between zero and 100. Traditionally the RSI is considered overbought when above 70 and oversold when below 30.

RSI Bullish	RSI Trending up
Deepak Fertilisers & Petrochemicals Corporation Ltd	Monsanto India Ltd
IL&FS Transportation Networks Ltd	Nava Bharat Ventures Ltd
Jubilant FoodWorks Ltd	Suzlon Energy Ltd
Jaiprakash Associates Ltd	Lux Industries Ltd
Shankara Buliding Products Ltd	Trent Ltd

 

RSI Overbought	RSI Bearish
Praj Industries Ltd	Aurobindo Pharma Ltd
Wipro Ltd	Coffee Day Enterprises Ltd
KIOCL Ltd	NMDC Ltd
Monsanto India Ltd	NTPC Ltd
ABB India Ltd	Glenmark Pharmaceuticals Ltd

 

RSI Trending Down	RSI Oversold
Zyudus Wellness Ltd	Blue Dart Express Ltd
Capital First Ltd	HDFC Standard Life Insurance Co Ltd
Bharat Forge Ltd	Bharat Electronics Ltd
RBL Bank Ltd	Unitech Ltd
National Fertilizers Ltd	Force Motors Ltd

source https://gale.in/technical-bullish-trend-up-over-bought-over-sold-35/

CANDLESTICK SCAN: STOCK THAT ARE BULLISH, BEARISH AND REVERSING.

CANDLESTICK SCAN: STOCK THAT ARE BULLISH, BEARISH AND REVERSING.

Bullish	Bullish reversal
Shree Renuka Sugars Ltd	Orient Cement Ltd
VenkyS(India) Ltd	JK Cements Ltd
BSE Ltd	Centrum Capital Ltd
Suprajit Engineering Ltd	Avanti Feeds Ltd
General Insurance Corporation of India Ltd	Spicejet Ltd

 

Bearish	Bearish Reversal
Navin Fluorine International Ltd	Linde India Ltd
8K Miles Sofware Services Ltd	Nesco Ltd
–	Lupin Ltd
–	Gulf Oil Lubricants India Ltd
–	Cyient Ltd

 

Confirm with volume, Oscillators and technical charts before trading to ensure profitable trades. Investors to check for support and resistance levels before exiting or entering into long term trades.

source https://gale.in/candlestick-scan-stock-that-are-bullish-bearish-and-reversing-26/

Enter Grindwell Norton 500-520. Share price 520. Target 620. 3 months.

Enter Grindwell Norton 500-520. Share price 520. Target 620. 3 months. SL 480.

Earlier call on Grindwell Norton:

Decent numbers from Grindwell Norton. CMP 390. Target 450. 3 months. Sl 365

source https://gale.in/enter-grindwell-norton-500-520-share-price-520-target-620-3-months/

Enter Delta Corp. Share price 260. Target 325. 3 months. SL 240.

Enter Delta Corp. Share price 260. Target 325. 3 months. SL 240.

Stock shall rally towards fresh 52 week high in less than a year.

Earlier call on Delta Corp:

Decent Numbers from Delta Corp. Book Profits closer to 340.

 

source https://gale.in/enter-delta-corp-share-price-260-target-325-3-months-sl-240/

AGGRESSIVE NEW LONG, LONG COVER, AGGRESSIVE NEW SHORT AND SHORT COVER.

Stocks are chosen based on action in stock Futures. Aggressive word represents that the volume traded was more than its average traded volume. New long or New short means that the ‘Open Interest’ for going long or short has increased with increase in price of the stock futures. Short cover or long cover means that the open interest has reduced with increase or decrease in price of stock futures respectively. Short cover also means people who were short (Bearish) on a stock are booking out of short positions taken in the stock.

 

AGGRESSIVE NEW LONG	AGGRESSIVE LONG COVER
Bata India Ltd	HCL Techonogies Ltd
Britannia Industries Ltd	Infosys Ltd
Wockhardt Ltd	–
Siemens Ltd	–
NBCC (India) Ltd	–

 

AGGRESSIVE NEW SHORT	AGGRESSIVE SHORT COVER
Cummins India Ltd	Tata Global Bewerages Ltd
GAIL (India) Ltd	Syndicate Bank
Godrej Industries Ltd	SRF Ltd
Amara Raja Batteries Ltd	Exide Industries Ltd
Jain Irrigation System Ltd	Grasim Industries Ltd

source https://gale.in/aggressive-new-long-long-cover-aggressive-new-short-and-short-cover-43/

TECHNICAL BULLISH & BEARISH; TREND UP & TREND DOWN; OVER BOUGHT & OVER SOLD

Stocks are termed TECHNICAL BULLISH & BEARISH; TREND UP & TREND DOWN; OVER BOUGHT & OVER SOLD based on RSI Oscillator.

The Relative Strength Index (RSI), developed by J. Welles Wilder, is a momentum oscillator that measures the speed and change of price movements. The RSI oscillates between zero and 100. Traditionally the RSI is considered overbought when above 70 and oversold when below 30.

RSI BULLISH	RSI TRENDING UP
Finolex Cables Ltd	Den Networks Ltd
Prestige Estate Projects Ltd	Deepak Nitrite Ltd
Asian Paints Ltd	Wockhardt Ltd
Apollo Tyres Ltd	Vendata Ltd
Repco Home Finance Ltd	Granules India Ltd

 

RSI OVERBOUGHT	RSI BEARISH
Wipro Ltd	–
ABB India Ltd	–
KIOCL Ltd	–
NTPC Ltd	–
JSW Steel Ltd	–

 

RSI TRENDING DOWN	RSI OVERSOLD
Alkem Laboratories Ltd	Blue Dart Express Ltd
JBF Industries Ltd	Bharat Electronics LTd
Kwality Ltd	Unitech Ltd
City Union Bank Ltd	Centrum Capital Ltd
Dixon Technologies (India) Ltd	Solar Industries (India) Ltd

source https://gale.in/technical-bullish-trend-up-over-bought-over-sold-34/

CANDLESTICK SCAN: STOCK THAT ARE BULLISH, BEARISH AND REVERSING.

CANDLESTICK SCAN: STOCK THAT ARE BULLISH, BEARISH AND REVERSING.

BULLISH	BULLISH REVERSAL
KIOCL Ltd	KEI Industries Ltd
Den Networkings Ltd	Mindtree Ltd
Granules India Ltd	IndiaBulls Ventures Ltd
Wockhardt Ltd	L&T Technology Services Ltd
Voltas Ltd	Shree Cement Ltd
Shree Cement Ltd	Allcargo Logistics Ltd
UPL Ltd	Apollo Tyres Ltd

 

BEARISH	BEARISH REVERSAL
Cummins India Ltd	Axis Bank Ltd
Cyient Ltd	Eris Lifesciences Ltd
IL&FS Transportation Networks Ltd	Hexaware Technologies Ltd
Rashtriya Chemicals & Fertilizers Ltd	Uflex Ltd
–	Coffee Day Enterprises Ltd
–	Fairchem Speciality Ltd
–

 

Confirm with volume, Oscillators and technical charts before trading to ensure profitable trades. Investors to check for support and resistance levels before exiting or entering into long term trades.

source https://gale.in/candlestick-scan-stock-that-are-bullish-bearish-and-reversing-25/

AGGRESSIVE NEW LONG, LONG COVER, AGGRESSIVE NEW SHORT AND SHORT COVER.

Stocks are chosen based on action in stock Futures. Aggressive word represents that the volume traded was more than its average traded volume. New long or New short means that the ‘Open Interest’ for going long or short has increased with increase in price of the stock futures. Short cover or long cover means that the open interest has reduced with increase or decrease in price of stock futures respectively. Short cover also means people who were short (Bearish) on a stock are booking out of short positions taken in the stock.

 

AGGRESSIVE NEW LONG	AGGRESSIVE LONG COVER
Bata India Ltd	Hindustan Zinc Ltd
PVR Ltd	Capital First Ltd
NMDC Ltd	Tata Consultancy Services Ltd
Exide Industries Ltd	L&T Finance Holdings Ltd
Bosch Ltd	Jaiprakash Associates Ltd

 

AGGRESSIVE NEW SHORT	AGGRESSIVE SHORT COVER
Repco Home Finance Ltd	Berger Paints India Ltd
Hero MotoCorp Ltd	Marico Ltd
Bank Of Baroda	Castrol India Ltd
ICICI Bank Ltd	IDFC Ltd
Bajaj Finance Ltd	Dabur India Ltd

source https://gale.in/aggressive-new-long-long-cover-aggressive-new-short-and-short-cover-42/

TECHNICAL BULLISH & BEARISH; TREND UP & TREND DOWN; OVER BOUGHT & OVER SOLD

Stocks are termed TECHNICAL BULLISH & BEARISH; TREND UP & TREND DOWN; OVER BOUGHT & OVER SOLD based on RSI Oscillator.

The Relative Strength Index (RSI), developed by J. Welles Wilder, is a momentum oscillator that measures the speed and change of price movements. The RSI oscillates between zero and 100. Traditionally the RSI is considered overbought when above 70 and oversold when below 30.

RSI BULLISH	RSI TRENDING UP
Swan Energy Ltd	Bajaj Corp Ltd
Britannia Industries Ltd	Wabco India Ltd
HDFC Bank Ltd	Zee Learn Ltd
Indiabulls Housing Finance Ltd	Dabur India Ltd
Monsanto India Ltd	ITC Ltd

 

RSI OVERBOUGHT	RSI BEARISH
ABB India Ltd	Caplin Point Laboratories Ltd
NMDC Ltd	Aurobindo Pharma Ltd
Infibeam Avenues Ltd	Mindtree Ltd
Coffee Day Enterprises Ltd	Mcleod Russel India Ltd
Wipro Ltd	–

 

RSI TRENDING DOWN	RSI OVERSOLD
Coal India Ltd	Vardhman Textiles Ltd
Future Consumer Ltd	GIC Housing Finance Ltd
Trent Ltd	Unitech Ltd
CESC Ltd	Bharat Electronics LTd
Tata Motors Ltd	MRF Ltd

source https://gale.in/technical-bullish-trend-up-over-bought-over-sold-33/

CANDLESTICK SCAN: STOCK THAT ARE BULLISH, BEARISH AND REVERSING.

CANDLESTICK SCAN: STOCK THAT ARE BULLISH, BEARISH AND REVERSING.

BULLISH	BULLISH REVERSAL
Godrej Consumer Products Ltd	Oil India Ltd
Gurh Finance Ltd	Voltas Ltd
Power Grid Corporation Of India Ltd	BASF India Ltd
Sun Pharmaceuticals Ltd	MOIL Ltd
–	Bliss GVS Pharma Ltd
–	FDC Ltd
–	DB Realty Ltd

 

BEARISH	BEARISH REVERSAL
Axis Bank Ltd	NTPC Ltd
Magma Fincorp Ltd	Natco Pharma Ltd
Radico Khaitan Ltd	Aegis Logistics Ltd
Bank Of Baroda	Magma Fincorp Ltd
JK Tyres & Industries India Ltd	Phillips Carbon Black Ltd
ITD Cementation India Ltd	Orient Cement Ltd
–	Radico Khaitan Ltd

 

Confirm with volume, Oscillators and technical charts before trading to ensure profitable trades. Investors to check for support and resistance levels before exiting or entering into long term trades.

source https://gale.in/candlestick-scan-stock-that-are-bullish-bearish-and-reversing-24/

Decoding Multibagger: Avanti Feeds ltd. Share Price: 416.

Decoding Multibagger: Avanti Feeds Ltd. Share Price: 416.

Acutally answered to What is happening with the stock of Avanti Feeds, a zero debt company but still going down continuously?

We will be Decoding Multibagger: Avanti Feeds Ltd.

Avanti Feeds share price: 416.

 

Zero Debt is very small parameter in evaluating a stock’s fundamentals.

There are so many parameters that comes first.

• Profitability Ratios:

Margin%, ROCE% and ROE% are the best Profitability ratios to identify multibaggers in the stock market.

Higher the Margin%, Higher the dominance in the industry and also states that the company has created a moat.

ROCE% and ROE% indicates the efficiency of the management in using the funds available. Avanti Feeds had its ROCE% and ROE% above 40% in 4 years out of last 5 years.

No doubt that the stock that was valued at 500 Crs in 2014 was worth more than 10,000 Crs at its 52 week high.

• Price to Book Ratio:

Price to Book of Avanti Feeds is at 4.65. Below 4 is considered good for holding a stock for long term provided other Fundamentals are good. At 52 week high the Price to Book was close to 10. Until the markets are rallying, until the growth of the sector is visible, until the technicals remain intact, until the stock keeps hitting fresh 52 week highs all week, until the quarterly results are good with decent profitability ratios are intact, no one care for the Price to Book Ratio.

Avanti Feeds are in Shrimp export business and had some drop in its exports for some reason (You can google to find details). Recent quarterly results was not that good. The Margin% had dropped significantly.

No doubt people had started to sell seeing the Price to Book Ratio. Now the price to Book looks good to enter. But the technicals are not good yet. Still long term investors can continue to add the stock.

• Price to Earning Ratio:

Trailing Price to Earning Ratio of Avanti feeds is close to 15. Quality stocks like Avanti Feeds while on the bull run with good results, sector outlook and good market conditions are valued at 25x annualised recent quarterly EPS which is approx. 30x Trailing PE. 30x Trailing PE is valued close to 1000. This is where the stock was few months back until some bad quarter happens.

If the exports are back in track and if the quarterly results are good back to back, stock will be back to 1200.

• Finally Technicals:

For long term investors, I would always recommend that the stock should be above 200 dma (200 Day Moving Average) and 50 dma also be above 200 dma.

50 dma moving average of Avanti Feeds had crossed below 200 dma at 750–800. Strict stoploss below 740 would have saved another 40–45% loss in capital. No doubt they call it a Death Cross.

On a good next quarter or two, stock can retest 200 dma at 690 to 740. Above 750–800 stock will rally to 1200 provided the market rallies, sector outlook is good and the quarterly results are inline.

Conclusion:

For now, Avanti Feeds Ltd with Share price 416, is good to accumulate for long term. It can be added on every dips for a target of 700 in less than a year. Still it looks like a big bet against the moving averages. I would also recommend stock like Apex Frozon Foods as alternative to Avanti feeds based on the stock performance in last 6 months including both Fundamental and technical front.

Originally answered at: https://www.quora.com/What-is-happening-with-the-stock-of-Avanti-Feeds-a-zero-debt-company-but-still-going-down-continuously/answer/Vinoth-Kanna-26

Kindly do share it with your friends. 

source https://gale.in/decoding-multibagger-avanti-feeds-share-price-416/

AGGRESSIVE NEW LONG, LONG COVER, AGGRESSIVE NEW SHORT AND SHORT COVER.

Stocks are chosen based on action in stock Futures. Aggressive word represents that the volume traded was more than its average traded volume. New long or New short means that the ‘Open Interest’ for going long or short has increased with increase in price of the stock futures. Short cover or long cover means that the open interest has reduced with increase or decrease in price of stock futures respectively. Short cover also means people who were short (Bearish) on a stock are booking out of short positions taken in the stock.

 

AGGRESSIVE NEW LONG	AGGRESSIVE LONG COVER
NTPC Ltd	Canara Bank
Repco Home Finance Ltd	SRF Ltd
–	Just Dial Ltd
–	United Breweries Ltd
–	Castrol India Ltd

 

AGGRESSIVE NEW SHORT	AGGRESSIVE SHORT COVER
HDFC Bank Ltd	Mindtree Ltd
Titan Company Ltd	The Federal Bank Ltd
Marico Ltd	RBL Bank Ltd
Apollo Tyres Ltd	Bajaj Finserv Ltd
Axis Bank Ltd	Coal India Ltd

source https://gale.in/aggressive-new-long-long-cover-aggressive-new-short-and-short-cover-41/

TECHNICAL BULLISH & BEARISH; TREND UP & TREND DOWN; OVER BOUGHT & OVER SOLD

Stocks are termed TECHNICAL BULLISH & BEARISH; TREND UP & TREND DOWN; OVER BOUGHT & OVER SOLD based on RSI Oscillator.

The Relative Strength Index (RSI), developed by J. Welles Wilder, is a momentum oscillator that measures the speed and change of price movements. The RSI oscillates between zero and 100. Traditionally the RSI is considered overbought when above 70 and oversold when below 30.

 

RSI BULLISH	RSI TRENDING UP
Taj GVK Hotels & Resorts Ltd	Rattanindia Power Ltd
–	SKF India Ltd
–	Varun Bewerages Ltd
–	Linde India Ltd
–	Page Industries Ltd

 

RSI OVERBOUGHT	RSI BEARISH
Wipro Ltd	Sanofi India Ltd
Capri Global Capital Ltd	Coffee Day Enterprises Ltd
Caplin Point Laboratories Ltd	Hikal Ltd
Aurobindo Pharma Ltd	JSW Steel Ltd
Alembic Ltd	Cyient Ltd

 

RSI TRENDING DOWN	RSI OVERSOLD
Radico Khaitan Ltd	Jindal Worldwide Ltd
MT Educare LTd	GIC housing Finance Ltd
United Bank Of India	Insecticides (India) Ltd
Ashok Leyland Ltd	Videocon Industries Ltd
Rallis India Ltd	Blue Dart Express Ltd

source https://gale.in/technical-bullish-trend-up-over-bought-over-sold-32/

CANDLESTICK SCAN: STOCK THAT ARE BULLISH, BEARISH AND REVERSING.

CANDLESTICK SCAN: STOCK THAT ARE BULLISH, BEARISH AND REVERSING.

BULLISH	BULLISH REVERSAL
Flexituff International Ltd	Sanghi Industries Ltd
Kewal Kiran Clothing Ltd	Centrum Capital Lts
–	Kewal Kiran Clothing Ltd
–	Aegis Logistics Ltd
–	Magma Fincorp Ltd
–	The Federal Bank Ltd

 

BEARISH	BEARISH REVERSAL
National Fertilizers Ltd	Axis Bank Ltd
KIOCL Ltd	Eris Lifesciences Ltd
Zydus Wellness Ltd	Hexaware Technologies Ltd
Tata Motors Ltd	Uflex Ltd
Zuari Agro Chemicals Ltd	Coffee Day Enterprises Ltd
Zee Media Corporation Ltd	Fairchem Speciality Ltd
Tata Steel Ltd

 

Confirm with volume, Oscillators and technical charts before trading to ensure profitable trades. Investors to check for support and resistance levels before exiting or entering into long term trades.

source https://gale.in/candlestick-scan-stock-that-are-bullish-bearish-and-reversing-23/

AGGRESSIVE NEW LONG, LONG COVER, AGGRESSIVE NEW SHORT AND SHORT COVER.

Stocks are chosen based on action in stock Futures. Aggressive word represents that the volume traded was more than its average traded volume. New long or New short means that the ‘Open Interest’ for going long or short has increased with increase in price of the stock futures. Short cover or long cover means that the open interest has reduced with increase or decrease in price of stock futures respectively. Short cover also means people who were short (Bearish) on a stock are booking out of short positions taken in the stock.

 

AGGRESSIVE NEW LONG	AGGRESSIVE LONG COVER
Max Financial Services Ltd	Wockhart Ltd
Yes Bank Ltd	ICICI Bank Ltd
HCL Technologies Ltd	Pidilite Industries Ltd
Cipla Ltd	Bajaj Finserv Ltd
Axis Bank Ltd	Torrent Pharmaceuticals Ltd

 

AGGRESSIVE NEW SHORT	AGGRESSIVE SHORT COVER
Torrent Power Ltd	Hexaware Technologies Ltd
Manappuram Finance Ltd	NIIT Technologies Ltd
Havells India Ltd	Petronet LNG Ltd
Marico Ltd	Arvind Ltd
Berger Paints India Ltd	Multi Commodity Exchange Of India Ltd

source https://gale.in/aggressive-new-long-long-cover-aggressive-new-short-and-short-cover-40/

TECHNICAL BULLISH & BEARISH; TREND UP & TREND DOWN; OVER BOUGHT & OVER SOLD

Stocks are termed TECHNICAL BULLISH & BEARISH; TREND UP & TREND DOWN; OVER BOUGHT & OVER SOLD based on RSI Oscillator.

The Relative Strength Index (RSI), developed by J. Welles Wilder, is a momentum oscillator that measures the speed and change of price movements. The RSI oscillates between zero and 100. Traditionally the RSI is considered overbought when above 70 and oversold when below 30.

RSI BULLISH	RSI TRENDING UP
eClerx Services Ltd	Jindal Stainless (Hisar) Ltd
Sanghvi Movers Ltd	Mercator Ltd
Navkar Corporation Ltd	KRBL Ltd
Yes Bank Ltd	Lumax Industries Ltd
MEP Infrastructure Developers Ltd	Wabco India Ltd

 

RSI OVERBOUGHT	RSI BEARISH
Wipro Ltd	Esab India Ltd
Polyplex Corporation Ltd	Mindtree Ltd
Mcleod Russel India Ltd	Welspun India Ltd
Capri Global Capital Ltd	Tech Mahindra Ltd
Hikal Ltd	Granules India Ltd

 

RSI TRENDING DOWN	RSI OVERSOLD
DLF Ltd	Jindal Worldwide Ltd
Reliance Capital Ltd	Vardhman Textiles Ltd
Dabur India Ltd	Insecticides Industries Ltd
SKF India Ltd	Videocon Industries Ltd
EIH Ltd	Monsanto India Ltd

source https://gale.in/technical-bullish-trend-up-over-bought-over-sold-31/

CANDLESTICK SCAN: STOCK THAT ARE BULLISH, BEARISH AND REVERSING.

CANDLESTICK SCAN: STOCK THAT ARE BULLISH, BEARISH AND REVERSING.

BULLISH	BULLISH REVERSAL
IVRCL Ltd	CCL Products (India) Ltd
–	Siti Networks Ltd
–	HEG Ltd
–	Alembic Ltd
–	Shilpa Medicare Ltd
–	Schneider Electric Infrastructure Ltd

 

BEARISH	BEARISH REVERSAL
Vindhya Telelinks Ltd	Linde India Ltd
Vendata Ltd	Sintex Industries Ltd
Exide Industries Ltd	Vendata Ltd
United Breweries Ltd	Exide Industries Ltd
Marico Ltd	Usha Martin Ltd
Dabur India Ltd	MT Educare Ltd
Radico Khaitan Ltd	Tata Motors Ltd

 

Confirm with volume, Oscillators and technical charts before trading to ensure profitable trades. Investors to check for support and resistance levels before exiting or entering into long term trades.

source https://gale.in/candlestick-scan-stock-that-are-bullish-bearish-and-reversing-22/

Chambal Fertilizers turns Bullish above 160. Share price 161. Target 190.

Chambal Fertilizers turns Bullish above 160. Share price 161. Target 190. SL 145. 3 months. Stock can retest fresh 52 week high of 210 in 6 months.

Stock has reported decent set of numbers and has technically turned bullish above 200dma.

Chambal Fertilisers and Chemicals Limited is one of the largest private sector fertilizer producers in India. It was promoted by Zuari Industries Limited in the year 1985. Wikipedia

Stock price: CHAMBLFERT (NSE) ₹ 161.60 -2.80 (-1.70%)
10 Sep, 11:10 AM IST – Disclaimer

Headquarters: India

Founded: 1985

Subsidiaries: ISGN Technologies, CFCL Ventures Limited, MORE

source https://gale.in/chambal-fertilizers-turns-bullish-above-160-share-price-161-target-190/

Top 10 Stocks to buy now in September 2018

Top 10 Stocks to buy now in September 2018

Hand picked stocks to buy now from Best Performing Sectors in 2018. Sectors that are finding strong momentum in recent times are short listed below. The following stocks can be used to build a decent portfolio which can be shuffled once in a quarter depending on the sector outlook and quarterly results from the stocks.

Top 10 Sectors/ Industries

1. Retailing
2. IT
3. Pharma
4. Automotives
5. Consumption
6. Private Banking
7. Agro Chemicals
8. Breweries and Distillers
9. FMCG and Consumer Food
10. Paper & Paper Products

Top Stocks to Buy Now

Sector- Retailing

We are still identifying quality stocks from Retailing sector as most of the stocks have already rallied and are far from their moving averages and looks over priced fundamentally too.

Sector IT

WE LIKE CYIENT, TECH MAHINDRA AND HEXAWARE IN TECH STOCKS.

We like Cyient, Tech Mahindra and Hexaware in Tech stocks.

Enter Cyient on dips towards 700-710. Target 850. Sl 670. 3 months.

Enter Tech Mahindra 650-670. Target 760. SL 630. 3 months. [Target hit.]

Enter Hexaware Tech 470-485. Target 560. SL 440. 3 months.

Sector- Pharma

RUPEE WEAKNESS HELPS PHARMA RALLY. ENTER JUBILANT LIFE AND SMS PHARMA.

Rupee weakness helps Pharma Rally. Enter Jubilant Life and SMS Pharma.

Jubilant Life. Share price: 820. Add on dips towards 780-790. Target 1050. 3 months. 30% upside. SL 750.

SMS Pharma. Share price: 84. Target 106 and 120. Time: 3 to 6 months. 25-42% upside. SL 72.

ENTER SUVEN LIFE SCIENCE ABOVE 240. TARGET 290. SL 215. 3 MONTHS. [Target hit.]

Sector- Auto Ancillaries

ACCUMULATE AUTOMOTIVE AXLES BETWEEN 1200-1300. TARGET 1680. SL 1100. 

There are lots of Auto Ancillaries that are available are good prices. We like stocks like Subros, Jamna Auto, etc.

Sector-Consumption- Plastics

ENTER MAYUR UNIQUOTERS FOR LONG TERM. TARGET 560. 1 YEAR. STOCK PRICE: 394.

Sector-Private Banking

ENTER DCB BANK ABOVE 180. SHARE PRICE: 168. TARGET 225. 6 MONTHS. SL 158.

In Private sector Banks, we like DCB bank & City Union Bank. Karnataka Banks is our value pick among the stocks. Stocks like RBL Bank, Bandhan Bank & AU Small Finance bank have growth visibility with good management, these stocks can be added on 5- 10% dips.

Sector- Pesticides & Agro Chemicals

Stocks are been shortlisted.

Sector-Breweries and Distillers

We like GM Breweries in this sector. Stock looks fundamentally cheap among peers and has good 30% upside in 6 months. Look for technical indicators before entering the stock.

Sector-FMCG and Consumer Food

We have recommended ADF Food recently with a target of 340 in 6 months.

ADF FOODS LOOKS GOOD FOR A YEAR. STOCK PRICE: 250. TARGET 340.

ADF foods looks good for a year. Stock Price: 250. Target 340.

We have a Fundamental Target of 4 times book of 340. Stock is trading close to 3 times book. We see a strong growth in the stock going forward and a potential upside of 34% in a year.

Technically stock has good support at 220 and resistance close to 260.

Buy ADF Foods above 265. Target 340. 6 months. SL 220. Add on dips towards 240-245.

STOCK SIP PICK. BAJAJ CORP. ADD BETWEEN 420-430. TARGET 675. 1 YEAR.

We like Bajaj Corp. We have a target of 675 in 1 year time.

Sector-Paper & Paper Products

STRONG MOMENTUM IN PAPER STOCKS. 2 PAPER STOCKS WITH 40% UPSIDE POTENTIAL.

Strong Momentum in Paper stocks. 2 Paper stocks with 40% upside potential.

1. JK Papers. Share price: 180. Target 240. Buy on dips towards 170. SL 155 (Closing Price.) 6 months.
2. Ruchira Papers. Share price: 150. Target 210. Buy now and on dip towards 140. SL 130. 6 months,

Stocks can reach target in 3 months with the current momentum.

Sector-Other Top Stocks to Buy Now

AMBER ENTERPRISE CAN DOUBLE YOUR INVESTMENT IN 2 YEARS.

mber Enterprise can double your investment in 2 years.

Stock price: 945. Target 1250. 6 months. SL 870. We are expecting a technical break about 1020 in a short while.

Amber Enterprise is on AC segment, we can see a strong growth in revenues over next few years. The stock is also trading close to 25x annualised recent quarter EPS. We expect the stock to trade at 40 time EPS. We expect the stock to high 2000 in less than 2 years time.

DECENT RESULTS FROM TORRENT POWER. SHARE PRICE: 257. TARGET 320. 6 MONTHS.

ENTER SIEMENS. SHARE PRICE 1026. TARGET 1250. 6 MONTHS.

DECENT NUMBERS FROM WENDT. PRICE: 3246. TARGET 3800 AND 4200. 6 MONTHS. [First Target Hit.]

source https://gale.in/top-10-stocks-to-buy-now-in-september-2018/

Rupee weakness helps Pharma Rally. Enter Jubilant Life and SMS Pharma.

Rupee weakness helps Pharma Rally. Enter Jubilant Life and SMS Pharma.

Jubilant Life. Share price: 820. Add on dips towards 780-790. Target 1050. 3 months. 30% upside. SL 750.

SMS Pharma. Share price: 84. Target 106 and 120. Time: 3 to 6 months. 25-42% upside. SL 72.

source https://gale.in/rupee-weakness-helps-pharma-rally-enter-jubilant-life-and-sms-pharma/

Enter Mayur Uniquoters for long term. Target 560. 1 year. Stock Price: 394.

Enter Mayur Uniquoters for long term. Target 560. 1 year. Stock Price: 394.

Fundamentally quality stock available at 4x book and 21x trailing PE.

Stock is technically trending down and looks oversold at current price.

Stock can bounce back towards 450-460 and also move towards earlier highs of 560 in a year.

We see stock at 670-700 in 18 months and 800 in 2 years.

source https://gale.in/enter-mayur-uniquoters-for-long-term-target-560-1-year-stock-price-394/

Strong Momentum in Paper stocks. 2 Paper stocks with 40% upside potential.

Strong Momentum in Paper stocks. 2 Paper stocks with 40% upside potential.

1. JK Papers. Share price: 180. Target 240. Buy on dips towards 170. SL 155 (Closing Price.) 6 months.
2. Ruchira Papers. Share price: 150. Target 210. Buy now and on dip towards 140. SL 130. 6 months,

Stocks can reach target in 3 months with the current momentum.

 

source https://gale.in/strong-momentum-in-paper-stocks-2-paper-stocks-with-40-upside-potential/

AGGRESSIVE NEW LONG, LONG COVER, AGGRESSIVE NEW SHORT AND SHORT COVER.

Stocks are chosen based on action in stock Futures. Aggressive word represents that the volume traded was more than its average traded volume. New long or New short means that the ‘Open Interest’ for going long or short has increased with increase in price of the stock futures. Short cover or long cover means that the open interest has reduced with increase or decrease in price of stock futures respectively. Short cover also means people who were short (Bearish) on a stock are booking out of short positions taken in the stock.

 

AGGRESSIVE NEW LONG	AGGRESSIVE LONG COVER
Nestle India Ltd	–
Torrent Power Ltd	–
Ajanta Pharma Ltd	–
Tata Steel Ltd	–
NBCC (India) Ltd	–

 

AGGRESSIVE NEW SHORT	AGGRESSIVE SHORT COVER
Yes Bank Ltd	Torrent Pharmaceuticals Ltd
Adani Enterprises Ltd	Hero MotoCorp Ltd
Bharat Heavy Electricals Ltd	Bajaj Auto Ltd
Indian Oil Corporation Ltd	Exide Industries Ltd
Infibeam Avenues Ltd	Lupin Ltd

source https://gale.in/aggressive-new-long-long-cover-aggressive-new-short-and-short-cover-39/

TECHNICAL BULLISH & BEARISH; TREND UP & TREND DOWN; OVER BOUGHT & OVER SOLD

Stocks are termed TECHNICAL BULLISH & BEARISH; TREND UP & TREND DOWN; OVER BOUGHT & OVER SOLD based on RSI Oscillator.

The Relative Strength Index (RSI), developed by J. Welles Wilder, is a momentum oscillator that measures the speed and change of price movements. The RSI oscillates between zero and 100. Traditionally the RSI is considered overbought when above 70 and oversold when below 30.

RSI BULLISH	RSI TRENDING UP
Precision Camshafts Ltd	Mastek Ltd
Quess Corp Ltd	Fairchem Speciality Ltd
Wheels India Ltd	MPS Ltd
Escorts Ltd	RBL Bank Ltd
The South Indian Bank Ltd	Kaya Ltd

 

RSI OVERBOUGHT	RSI BEARISH
Wipro Ltd	Zensar Technologies Ltd
Polyplex Corporation Ltd	Alembic Ltd
Capri Global Capital Ltd	Astec Lifesciences Ltd
Hikal Ltd	HCL Technologies Ltd
Welspun Corp Ltd	Sun Pharmaceuticals Ltd

 

RSI TRENDING DOWN	RSI OVERSOLD
Apar Industries Ltd	Jindal Worldwide Ltd
Havells India Ltd	Sanghvi Movers Ltd
United Bank of India	TD Power Systems Ltd
GATI Ltd	Insecticides (India) Ltd
PI Industries Ltd	eClerx Services Ltd

source https://gale.in/technical-bullish-trend-up-over-bought-over-sold-30/

CANDLESTICK SCAN: STOCK THAT ARE BULLISH, BEARISH AND REVERSING.

CANDLESTICK SCAN: STOCK THAT ARE BULLISH, BEARISH AND REVERSING.

BULLISH	BULLISH REVERSAL
Jindal Saw Ltd	Excel Corp Care Ltd
Hero MotoCorp Ltd	KCP Ltd
Kaya Ltd	JBF Industries Ltd
MOIL Ltd	Esab India Ltd
DB Realty Ltd	Nesco Ltd
Precision Camshafts Ltd	FDC Ltd

 

BEARISH	BEARISH REVERSAL
KEI Industries Ltd	Hindustan Construction Company Ltd
Yes Bank Ltd	HMT Ltd
Monsanto India Ltd	KEI Industries Ltd
India Power Corporation Ltd	PTC India Financial Services Ltd
Shankara Buildings Products Ltd	Astec Lifesciences Ltd
	Sanofi India Ltd

 

Confirm with volume, Oscillators and technical charts before trading to ensure profitable trades. Investors to check for support and resistance levels before exiting or entering into long term trades.

source https://gale.in/candlestick-scan-stock-that-are-bullish-bearish-and-reversing-21/