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Diwali pick 2024 by choice Broking Ltd NCC is in a long-term uptrend, consistently forming higher highs and higher lows on the weekly chart. Currently trading around 289, the stock has recently seen a pullback from higher levels and is now approaching a key support zone. This area may offer a favorable buying opportunity if signs of a reversal emerge. A "buy on dips" strategy is recommended. with entry points up to 260 levels, targeting an upside range of 345-360. The Relative Strength Index (RSI) is around 47.5, indica...
Diwali pick 2024 by choice Broking Ltd
Diwali pick 2024 by choice Broking Ltd
Source: Choice Broking
2024-11-04 01:12:08 pm
Diwali Picks 2024 Update by Choice Broking * NCC is in a long-term uptrend, consistently forming higher highs and higher lows on the weekly chart. Currently trading around 289, the stock has recently seen a pullback from higher levels and is now approaching a key support zone. This area may offer a favorable buying opportunity if signs of a reversal emerge. A "buy on dips" strategy is recommended. with entry points up to 260 levels, targeting an upside range of 345-360. * The Relative Strength Index (RSI) is around 47.5, ...
Diwali Picks 2024 Update by Choice Broking
Diwali Picks 2024 Update by Choice Broking
Source: Choice Broking Ltd.
2024-11-01 08:10:35 pm
Governors, CMs of Telangana states greet people on Diwali Governors and Chief Ministers of Telangana and Andhra Pradesh have greeted people on the occasion of Diwali.  Telangana Governor Jishnu Dev Varma conveyed the warmest greetings to people on this joyous occasion of Diwali. "This festival of lights signifies the victory of righteousness over the evil. I am sure occasions like this inspire us to conquer the evils of modern-day and build a society in which peace, amity, and communal harmony prevail," he said in his message. ...
Governors, CMs of Telangana states greet people on Diwali
Governors, CMs of Telangana states greet people on Diwali
Source: IANS
2024-10-31 02:27:15 pm
Rahul, Priyanka extend Diwali greetings to countrymen Congress leaders Rahul Gandhi and Priyanka Gandhi Vadra on Thursday extended greetings to countrymen on the occasion of Diwali.   Taking to social media platform X, Rahul, the Leader of Opposition in Lok Sabha, posted: "Heartiest congratulations to countrymen on Diwali." His post in Hindi read, "I hope that the brightness of this festival removes darkness from your life and illuminates it with happiness and prosperity. " In a post on X, Priyanka posted: "...
Rahul, Priyanka extend Diwali greetings to countrymen
Rahul, Priyanka extend Diwali greetings to countrymen
Source: IANS
2024-10-31 02:19:26 pm
Unforgettable Evergreen Hits to Light Up Your Diwali! India is a land of festivals, and Diwali stands out as one of the most cherished ones -- celebrated with immense enthusiasm across the nation. With the nation all set to celebrate Diwali on Thursday, it is also a time for music that captures the essence of togetherness and hope.  Songs that celebrate Diwali add a unique sparkle to the festivities. Classic Bollywood hits set the perfect ambience for Diwali and make the celebration truly memorable. Let's take a look at some of th...
Unforgettable Evergreen Hits to Light Up Your Diwali!
Unforgettable Evergreen Hits to Light Up Your Diwali!
Source: IANS
2024-10-31 02:13:14 pm
Motilal Oswal Wealth Management unveils `Khaas Mahurat, Khaas Basket` campaign for Diwali 2024 Motilal Oswal Wealth Management has today unveiled its new campaign, “Khaas Mahurat, Khaas Basket”, drawing inspiration from the insight that people always strive for the finest experiences during the festive season of Diwali. The new campaign from Motilal Oswal Wealth Management (MOWM) reinforces its unwavering commitment to delivering the research-backed stock recommendations this Diwali. Conceptualized by the MOWM team, the campaign showcases the journey of family me...
Motilal Oswal Wealth Management unveils `Khaas Mahurat, Khaas Basket` campaign for Diwali 2024
Motilal Oswal Wealth Management unveils `Khaas Mahurat, Khaas Basket` campaign for Diwali 2024
Source: PR Agency
2024-10-31 02:02:52 pm
Diwali 2024 : Samvat 2081 Message By Shripal Shah, MD & CEO, Kotak Securities Below the Quate On Diwali 2024 Samvat 2081 Message By Shripal Shah, MD & CEO, Kotak Securities   It's been an exceptional year for the Indian stock market, with indices reaching unprecedented highs and abundant wealth-creation opportunities. Despite the geopolitical concerns, domestic events like elections, a good monsoon, strong macro indicators and SEBI’s continuous efforts to protect investors have all contributed to a robust and promising market ecosystem. Notably...
Diwali 2024 : Samvat 2081 Message By Shripal Shah, MD & CEO, Kotak Securities
Diwali 2024 : Samvat 2081 Message By Shripal Shah, MD & CEO, Kotak Securities
Source: Kotak Securities Ltd
2024-10-29 05:39:58 pm
Diwali Picks 2024 : Reliance Industries Ltd For Target Rs.1500.0 By Way2Wealth Reliance Industries Limited (RIL) is a fortune global 500 company and the largest private sector company in India. RIL is a diversified conglomerate with business interests across oil refining, petrochemicals, exploration and production, retail, and digital services. * Capex for FY24 was `1,317.69bn as against `1,418.09bn in FY23, with investments into network expansion in the digital services segment, scaling-up of the retail business, augmented production capacities in the Oil and Gas se...
Diwali Picks 2024 : Reliance Industries Ltd For Target Rs.1500.0 By Way2Wealth
Diwali Picks 2024 : Reliance Industries Ltd For Target Rs.1500.0 By Way2Wealth
Source: Way2Wealth
2024-10-29 05:03:15 pm
Diwali Picks 2024 : ITC Ltd For Target Rs.530.0 By Way2Wealth   * Established in 1910, ITC is the largest cigarette manufacturer and seller in the country. TC has evolved from a pure tobacco company into a welldiversified business conglomerate, with a strong presence in paperboards, printing and packaging, agricultural commodities, hotels, branded packaged foods, personal care products, stationery, safety matches, agarbatti (incense sticks) and other FMCGs. It has also added chocolates, ghee, dairy and frozen food products to its branded package...
Diwali Picks 2024 : ITC Ltd For Target Rs.530.0 By Way2Wealth
Diwali Picks 2024 : ITC Ltd For Target Rs.530.0 By Way2Wealth
Source: Way2Wealth
2024-10-29 04:58:20 pm
Diwali Picks 2024 : DLF Ltd For Target Rs.920.0 By Way2Wealth * DLF, a leading real estate developer in India, boasts over seven decades of growth, customer satisfaction, and innovation. It has developed 178 projects covering more than 349 million square feet. With 220 million square feet of development potential and an annuity portfolio of 44 million square feet, DLF focuses on residential and commercial properties. The company has earned over 40 LEED Zero certifications from the US Green Building Council and received 20 Sword of Honour awards from the...
Diwali Picks 2024 : DLF Ltd For Target Rs.920.0 By Way2Wealth
Diwali Picks 2024 : DLF Ltd For Target Rs.920.0 By Way2Wealth
Source: Way2Wealth
2024-10-29 04:27:03 pm
Diwali Picks 2024 : BEML Ltd For Target Rs. 4400.0 By Way2Wealth * BEML, a Miniratna Category-I PSU, engaged in the manufacturing of rail coaches and spare parts, mining equipment and defence related ground vehicle systems across its 9 manufacturing units located at Bangalore (Rail, Metro), Kolar Gold Fields (Mining Equipment), Mysore (Mining Equipment), Palakkad and Chikmagalur. * Large metro projects such as Mumbai lines 4 & 6, Chennai phase 2, Nagpur phase 2, and Patna have translated into `80bn worth of opportunities for metro rolling stock manu...
Diwali Picks 2024 : BEML Ltd For Target Rs. 4400.0 By Way2Wealth
Diwali Picks 2024 : BEML Ltd For Target Rs. 4400.0 By Way2Wealth
Source: Way2Wealth
2024-10-29 04:13:28 pm
Investment Pick For Diwali 2024 : REC Ltd For Target Rs. 776 By Nirmal Bang Ltd * REC, a GOI entity, finances projects of conventional power generation (28% mix), renewable (8% mix), transmission (9% mix), distribution (41% mix) & roads, railways, airports (14% mix). * Power sector will add 360GW capacity during FY24-30 compared to existing 453GW as of Sep’24. As per RBI, total requirement for green financing over FY23-30 aggregates to Rs. 85.6 Lac Cr translating to annual requirement of Rs. 10.7 Lac Cr. * REC has an AUM of Rs. 5.3 Lac Cr as on Q1FY25 and...
Investment Pick For Diwali 2024 : REC Ltd For Target Rs. 776 By Nirmal Bang Ltd
Investment Pick For Diwali 2024 : REC Ltd For Target Rs. 776 By Nirmal Bang Ltd
Source: Nirmal Bang Ltd
2024-10-29 01:43:56 pm
Investment Pick For Diwali 2024 : Macpower CNC Machines Ltd For Target Rs. 1,800 By Nirmal Bang Ltd * Macpower is the 8 th largest CNC machines manufacturer in India. It recently operationalized 500 additional machines in July taking its total installed capacity from 1.5k to 2k machines. * Proxy on industrial capex: Macpower caters to more than 2300 clients across almost all industries like auto, defence, aerospace, cap. goods, railways, EMS, pharma and others. ? CNC Machine industry is poised to grow at 20% CAGR owing to (i) strong industrial capex on the back of manufacturing boom acro...
Investment Pick For Diwali 2024 : Macpower CNC Machines Ltd For Target Rs. 1,800 By Nirmal Bang Ltd
Investment Pick For Diwali 2024 : Macpower CNC Machines Ltd For Target Rs. 1,800 By Nirmal Bang Ltd
Source: Nirmal Bang Ltd
2024-10-29 12:58:51 pm
Investment Pick For Diwali 2024 : L&T Technology Services Ltd For Target Rs. 6,223 By Nirmal Bang Ltd * LTTS is an engineering R&D (ER&D) services provider. It offers consultancy, design, development and testing services across the product development life cycle. It primarily operates in three segments: i) Mobility (automotive, commercial vehicles, aerospace), ii) Sustainability (Tech, FMCG, Oil and Gas), and iii) Hi-Tech (Semi-conductors, consumer electronics). * Company delivered 3.4% QoQ CC revenue growth in Q2FY25 backed by robust growth across its verticals. In H1FY25, it has ...
Investment Pick For Diwali 2024 : L&T Technology Services Ltd For Target Rs. 6,223 By Nirmal Bang Ltd
Investment Pick For Diwali 2024 : L&T Technology Services Ltd For Target Rs. 6,223 By Nirmal Bang Ltd
Source: Nirmal Bang Ltd
2024-10-29 12:52:58 pm
Investment Pick For Diwali 2024 : Jyoti Resins & Adhesives Ltd For Target Rs. 823 By Nirmal Bang Ltd Jyoti Resins & Adhesives Ltd. (JRAL) is a manufacturer of synthetic resin adhesives. It manufactures various types of wood adhesives (white glue) under the brand name of EURO 7000 (launched in 2006). Its plant at Santej, Ahmedabad has a capacity of 2,000 TPM. Focus on driving the business growth led by expansion in distribution and capacity * Currently, JRAL serves its clients across 14 states in India through 38 branches and 60 distributors that caters to ~12,000 active retailers and ...
Investment Pick For Diwali 2024 : Jyoti Resins & Adhesives Ltd For Target Rs. 823 By Nirmal Bang Ltd
Investment Pick For Diwali 2024 : Jyoti Resins & Adhesives Ltd For Target Rs. 823 By Nirmal Bang Ltd
Source: Nirmal Bang Ltd
2024-10-29 12:49:51 pm
Investment Pick For Diwali 2024 : Garware HiTech Films Ltd For Target Rs. 4,800 By Nirmal Bang Ltd Garware Hi-Tech Films Limited (GHFL) produces high quality and varieties of specialty polyester films used in various industries across the globe such as Paint Protection Films (PPF), Sun Control Films (SCF), Shrink Labels, etc. It is one of the few companies in the world to have a vertically integrated chip-to-film facility in Aurangabad, Maharashtra. The Company’s well established global brands, ‘Garware Suncontrol Films’ and ‘Global Window Films’ are known for...
Investment Pick For Diwali 2024 : Garware HiTech Films Ltd For Target Rs. 4,800 By Nirmal Bang Ltd
Investment Pick For Diwali 2024 : Garware HiTech Films Ltd For Target Rs. 4,800 By Nirmal Bang Ltd
Source: Nirmal Bang Ltd
2024-10-29 12:22:05 pm
Investment Pick For Diwali 2024 : Five Star Business Finance Ltd For Target Rs. 1,165 By Nirmal Bang Ltd * Five Star provides secured business loans to unbanked self-employed individuals excluded by most Banks/NBFCs with ATS (avg loan ticket size) of Rs. 3.5 Lac and total AUM of Rs. 10.3k Cr. * All its loans are secured by borrowers’ property, predominantly self-occupied residential property. * ATS of < Rs. 5 Lacs is the toughest segment to crack owing to complex operational challenges such as (i) requirement of deep knowledge of local area and customer behaviour, (ii) tricky coll...
Investment Pick For Diwali 2024 : Five Star Business Finance Ltd For Target Rs. 1,165 By Nirmal Bang Ltd
Investment Pick For Diwali 2024 : Five Star Business Finance Ltd For Target Rs. 1,165 By Nirmal Bang Ltd
Source: Nirmal Bang Ltd
2024-10-29 12:14:03 pm
Investment Pick For Diwali 2024 : Fineotex Chemical Ltd For Target Rs. 483 By Nirmal Bang Ltd Incorporated in 2004, Fineotex Chemical Ltd (FCL) is a specialty chemicals producer and mainly caters to segments such as – i) Textile chemicals, ii) Cleaning & hygiene and iii) drilling specialty chemicals for oil & gas. Outperformed overall industry in terms of volumes and profitability * The company has delivered healthy volume growth of ~25% for FY24. Company’s textiles chemicals segment witnessed 20% volume growth while cleaning and hygiene segment saw volume gr...
Investment Pick For Diwali 2024 : Fineotex Chemical Ltd For Target Rs. 483 By Nirmal Bang Ltd
Investment Pick For Diwali 2024 : Fineotex Chemical Ltd For Target Rs. 483 By Nirmal Bang Ltd
Source: Nirmal Bang Ltd
2024-10-29 12:09:36 pm
Investment Pick For Diwali 2024 : Archean Chemical Industries Ltd For Target Rs. 823 By Nirmal Bang Ltd * Archean Specialty Chemicals Ltd (ACIL) is a leading specialty marine chemical manufacturer in India. It manufactures three major product categories such as bromine (Br), industrial salts (NaCl) and sulphate of potash (SOP). In addition, ACIL looks positive on account of its expansion into value added portfolio such as – i) bromine derivatives (through an acquisition of wholly owned subsisdiary, Acume Chemical Pvt Ltd.) and ii) oil & gas and drilling segment (through an acquisition...
Investment Pick For Diwali 2024 : Archean Chemical Industries Ltd For Target Rs. 823 By Nirmal Bang Ltd
Investment Pick For Diwali 2024 : Archean Chemical Industries Ltd For Target Rs. 823 By Nirmal Bang Ltd
Source: Nirmal Bang Ltd
2024-10-29 11:58:33 am
Diwali Pick 2024 : Buy Jyothy Labs Ltd For Target Rs. 624 By Religare Broking Ltd Innovating products across categories and moving up the ladder Jyothy Labs Ltd is one of India's leading FMCG companies, established in 1983 with the single brand ‘Ujala’. Over the time, it has evolved into a multi-brand company across different categories, expanding into the manufacturing and marketing of products. The company has diversified into categories such as fabric care, dishwashing, household insecticides, and personal care. Some of its leading brands include Ujal...
Diwali Pick 2024 : Buy Jyothy Labs Ltd For Target Rs. 624 By Religare Broking Ltd
Diwali Pick 2024 : Buy Jyothy Labs Ltd For Target Rs. 624 By Religare Broking Ltd
Source: Religare Broking Ltd
2024-10-29 11:38:15 am
Diwali Pick 2024 : Buy Berger Paints India Ltd For Target Rs. 655 By Religare Broking Ltd Consistently surpassing industry growth rates and gaining the market share Berger Paints Limited, incorporated in 1923, is one of the leading manufacturers and sellers of paints and varnishes in India with an established brand. It is present in decorative paint segment (~80% of the sales) and industrial segment. Berger has 29 manufacturing plants in India (including plants of subsidiaries in India), two in Nepal, one each in Poland and Russia, and around 184 stock stations. Its decorative ...
Diwali Pick 2024 : Buy Berger Paints India Ltd For Target Rs. 655 By Religare Broking Ltd
Diwali Pick 2024 : Buy Berger Paints India Ltd For Target Rs. 655 By Religare Broking Ltd
Source: Religare Broking Ltd
2024-10-29 11:32:57 am
Diwali Pick 2024 : Buy Titan Company Ltd For Target Rs. 4,270 By Religare Broking Ltd Focusing on premiumization, digital channels, and global expansion Titan Company Limited, a prominent player in India’s consumer goods sector, is renowned for its wide range of products across watches, jewellery, and eyewear. Established in 1984 as a joint venture between Tata Group and the Tamil Nadu Industrial Development Corporation (TIDCO), Titan's portfolio includes popular brands like Tanishq (jewellery), Fastrack (youth accessories), and Titan Eye+ (eyewear). Its jewellery...
Diwali Pick 2024 : Buy Titan Company Ltd For Target Rs. 4,270 By Religare Broking Ltd
Diwali Pick 2024 : Buy Titan Company Ltd For Target Rs. 4,270 By Religare Broking Ltd
Source: Religare Broking Ltd
2024-10-29 11:28:34 am
Diwali Pick 2024 : Buy ITC Ltd For Target Rs. 594 By Religare Broking Ltd Strong growth potential and market leadership ITC Limited is a diversified conglomerate with a presence in multiple portfolios of businesses, including cigarettes, FMCG, hotels, agri-business, and paperboards and packaging. The company holds a dominant position in the Indian cigarette market, contributing significantly to its revenue. ITC has also expanded into various FMCG sectors, offering products like packaged foods, personal care items, and stationery. Investment Rationale Stron...
Diwali Pick 2024 : Buy ITC Ltd For Target Rs. 594 By Religare Broking Ltd
Diwali Pick 2024 : Buy ITC Ltd For Target Rs. 594 By Religare Broking Ltd
Source: Religare Broking Ltd
2024-10-29 11:22:19 am
Diwali Pick 2024 : Buy State Bank of India Ltd For Target Rs. 941 By Religare Broking Ltd Long-term bet on India’s financialization story State Bank of India (SBI), India's largest public sector bank, holds a strong 22-23% market share in credit. With consistent loan growth across retail, corporate, and SME sectors, it benefits from a stable deposit base and funding advantage. SBI’s strong internal accruals, leadership in term deposits, and efficient credit management position it well for future growth, especially with an expected revival in corporate capex. ...
Diwali Pick 2024 : Buy State Bank of India Ltd For Target Rs. 941 By Religare Broking Ltd
Diwali Pick 2024 : Buy State Bank of India Ltd For Target Rs. 941 By Religare Broking Ltd
Source: Religare Broking
2024-10-29 11:15:24 am
Diwali Picks 2024 : Crackers By Prabhudas Lilladher Capital Coal India Ltd CMP: 487 | Entry Range: On declines till 470 Target (TGT): 545/580/610 | Stop Loss (SL): 450 * After making the highs of 543 zones, stock has corrected over 10% in recent times and been consolidating. On daily chart basis, time and again the stock has shown strong reversals from 475 levels. * The stock has seen trend turning upside on weekly basis – up by 4%, with short covering visible aggressively. Chain also reflects good support built-up by PE writers around ...
Diwali Picks 2024 : Crackers By Prabhudas Lilladher Capital
Diwali Picks 2024 : Crackers By Prabhudas Lilladher Capital
Source: Prabhudas Lilladher Capital
2024-10-29 10:48:24 am
Diwali Picks 2024 : Technical Research Desk By Prabhudas Lilladher Capital ABB Ltd The stock has been in a strong uptrend and since the last three months has been in consolidation near the significant 50EMA zone of 7800 levels maintaining the trend with recently indicating a decent pullback from 7750 levels to improve the bias and has confirmed a breakout above the resistance zone of 8300 to further strengthen the trend. With the RSI on the rise indicating strength, we anticipate further rise and suggest to buy the stock for an upside positional target of 12300 k...
Diwali Picks 2024 : Technical Research Desk By Prabhudas Lilladher Capital
Diwali Picks 2024 : Technical Research Desk By Prabhudas Lilladher Capital
Source: Prabhudas Lilladher Capital
2024-10-29 10:20:00 am
Diwali Picks 2024 By Prabhudas Lilladher Capital Large Cap: HDFC Life Insurance Market Cap: INR 1,54,099 crore | CMP: INR 716 * Expect high-teens VNB growth with rangebound margins, leveraging multiple products and channels * The company remains on track for a 17% VNB and EVOP CAGR, with a 17% medium-term operating RoEV * H2 will be eventful, reflecting impact of revised surrender value guidelines, momentum in ULIPs and rate cut towards the end of the year * Strong growth in new business premiums expected, driven by new la...
Diwali Picks 2024 By Prabhudas Lilladher Capital
Diwali Picks 2024 By Prabhudas Lilladher Capital
Source: Prabhudas Lilladher Capital
2024-10-29 09:16:28 am
Diwali Stock Picks 2024 : Prabhudas Lilladher Capital Large Cap Picks Ambuja Cement (ACEM IN) | CMP: Rs555 | TP: Rs756 | Mcap: Rs1,219.3bn ACEM is focused on led by 1) maximizing throughput from existing facilities 2) 17.6mtpa addition via inorganic route in past 2 years and 3) organic capacity addition of 6mtpa by end FY25 and another 33mtpa by end FY27 to achieve targeted 140mtpa by FY28E. ACEM is working towards cost savings of ~Rs500/t to be achieved by FY28E led by i) improving green power mix (incl. WHRS), ii) captive coal mines, iii...
Diwali Stock Picks 2024 : Prabhudas Lilladher Capital
Diwali Stock Picks 2024 : Prabhudas Lilladher Capital
Source: Prabhudas Lilladher Capital
2024-10-28 04:33:49 pm
This Dhanteras: Gold and Silver Targets Set for New Highs with Strong Support by Ventura Securities  According to a recent Bullion study on Gold and Silver by Ventura Securities, Gold is now acting as a hedge against US economic sanctions too, traditionally behavior being a safe haven asset (store of value) and as a hedge against inflation. Despite inflation being moderated, Gold has rallied to new highs. Short term gold prices will be at a slower pace due slower pace of rate cuts. There is also a risk that gold may give back some of the recent gains (But the trajectory of Gold in...
This Dhanteras: Gold and Silver Targets Set for New Highs with Strong Support by Ventura Securities
This Dhanteras: Gold and Silver Targets Set for New Highs with Strong Support by Ventura Securities
Source: Ventura Securities
2024-10-26 04:07:04 pm
Diwali stock picks By JM Financial Services The domestic stock market witnessed a strong economic environment and liquidity from domestic investors in FY24. The growth momentum in corporate earnings, strong GST collection, capex cycle revival, favourable monsoon and robust domestic demand were positive factors.The benchmark equity index NSE Nifty gained around 25% since Diwali last year. However, the recent surge in crude oil prices, global economic slowdown worry and geopolitical concerns are potential near-term uncertain risks for th...
Diwali stock picks By JM Financial Services
Diwali stock picks By JM Financial Services
Source: JM Financial Services
2024-10-24 04:51:40 pm
Diwali Technical Pick 2024 : Buy Wipro Ltd For Target Rs. 480 - Nirmal Bang Ltd Wipro Ltd * Weekly chart suggests that stock has given the two years downward sloping Trend line breakout indicating potential up move in near term. * Retracement also suggest that stock is taking a strong support of 38.2% i.e. 500 mark and on the verge of consolidation breakout. * Positive RSI Crossover is seen on the weekly charts. * Therefore, Investor can buy the stock at 547 and on dips to Rs 510 for a target of Rs 700 with a strict stop loss placed below Rs 480   ...
Diwali Technical Pick 2024 : Buy Wipro Ltd For Target Rs. 480 - Nirmal Bang Ltd
Diwali Technical Pick 2024 : Buy Wipro Ltd For Target Rs. 480 - Nirmal Bang Ltd
Source: Nirmal Bang Ltd
2024-10-24 02:54:30 pm
Diwali Technical Pick 2024 : Buy Wipro Ltd For Target Rs. 480 - Nirmal Bang Ltd Wipro Ltd * Weekly chart suggests that stock has given the two years downward sloping Trend line breakout indicating potential up move in near term. * Retracement also suggest that stock is taking a strong support of 38.2% i.e. 500 mark and on the verge of consolidation breakout. * Positive RSI Crossover is seen on the weekly charts. * Therefore, Investor can buy the stock at 547 and on dips to Rs 510 for a target of Rs 700 with a strict stop loss placed below Rs 480   ...
Diwali Technical Pick 2024 : Buy Wipro Ltd For Target Rs. 480 - Nirmal Bang Ltd
Diwali Technical Pick 2024 : Buy Wipro Ltd For Target Rs. 480 - Nirmal Bang Ltd
Source: Nirmal Bang Ltd
2024-10-24 02:07:21 pm
Diwali Technical Pick 2024 : Buy Techno Electric & Engineering Company Ltd For Target Rs. 1350 - Nirmal Bang Ltd Techno Electric & Engineering Cmpany Ltd * The Stock has been trading near 1 year upward trend line support zone i.e 1580 . * The stock is in consolidation phase from last few months. While Stock has managed to sustain above 100 DMA from last 7-8 months. * Stock is trading in uptrend channel and likely to continue while going ahead with good base being formed at 1400-1450 zone. * Therefore, Investor can buy the stock at 1584 and on dips to Rs 1440 for a target of Rs 2200 with ...
Diwali Technical Pick 2024 : Buy Techno Electric & Engineering Company Ltd For Target Rs. 1350 - Nirmal Bang Ltd
Diwali Technical Pick 2024 : Buy Techno Electric & Engineering Company Ltd For Target Rs. 1350 - Nirmal Bang Ltd
Source: Nirmal Bang Ltd
2024-10-24 02:03:35 pm
Diwali Technical Pick 2024 : Buy LTIMindtree Ltd For Target Rs. 5250 - Nirmal Bang Ltd LTIMindtree Ltd  * The Stock has given a Cup and Handle pattern breakout on quarterly chart. Good volume accumulation is seen in last 6-8 weeks. * As per Fibonacci Retracement, support of 50% is placed at 5660 . * Once stock manages to close above 6120 healthy buying will be witnessed. * Therefore, Investor can buy the stock at 5935 and on dips to Rs 5660 for a target of Rs 7650 with a strict stop loss placed below Rs 5250.   Buy LTIMindtree Ltd CMP&n...
Diwali Technical Pick 2024 : Buy LTIMindtree Ltd For Target Rs. 5250 - Nirmal Bang Ltd
Diwali Technical Pick 2024 : Buy LTIMindtree Ltd For Target Rs. 5250 - Nirmal Bang Ltd
Source: Nirmal Bang Ltd
2024-10-24 01:57:06 pm
Diwali Technical Pick 2024 : Buy Indigo Paints Ltd For Target Rs. 335 - Nirmal Bang Ltd Indigo Paints Ltd * Monthly chart indicates the stock has given the three year downward sloping trend line with decent volume. * Interesting fact is that stock is trading in upward raising channel suggesting potential up move in near term. * The important oscillators RSI shown strength. * Therefore, Investor can buy the stock at 1640 and on dips to Rs 1520 for a target of Rs 2190 with a strict stop loss placed below Rs 1380.   Buy Indigo Paints Ltd CMP&nbs...
Diwali Technical Pick 2024 : Buy Indigo Paints Ltd For Target Rs. 335 - Nirmal Bang Ltd
Diwali Technical Pick 2024 : Buy Indigo Paints Ltd For Target Rs. 335 - Nirmal Bang Ltd
Source: Nirmal Bang Ltd
2024-10-24 01:50:03 pm
Diwali Technical Pick 2024 : Buy Himatsingka Seide Ltd For Target Rs. 125 - Nirmal Bang Ltd Himatsingka Seide Ltd * Weekly chart suggests that stock is forming a cup & handle formation and the breakout is seen although weekly closing above the trend line will be more positive for the stock .i.e., confirmation of the breakout. * Extension suggest that once the stock closes above 162 on weekly basis. It can reach up to 216 levels in a short span. * Positive RSI Crossover is seen on the weekly charts. * Therefore, investors can buy the stock at 150 and on dips to Rs 135...
Diwali Technical Pick 2024 : Buy Himatsingka Seide Ltd For Target Rs. 125 - Nirmal Bang Ltd
Diwali Technical Pick 2024 : Buy Himatsingka Seide Ltd For Target Rs. 125 - Nirmal Bang Ltd
Source: Nirmal Bang Ltd
2024-10-24 12:59:30 pm
Diwali Technical Pick 2024 : Buy HDFC Bank Ltd For Target Rs. 1550 - Nirmal Bang Ltd HDFC Bank Ltd * The Stock has given breakout of a Cup and Handle pattern on monthly chart. * The volumes have increased recently adding to the breakout pattern. • Positive MACD Crossover is seen on the weekly charts. * Stock is well placed above all the important moving averages. * Therefore, investors can buy the stock at 1735 and on dips to Rs 1650 for a target of Rs 2280 with a strict stop loss placed below Rs 1550   Buy HDFC Bank Ltd CMP 1735...
Diwali Technical Pick 2024 : Buy HDFC Bank Ltd For Target Rs. 1550 - Nirmal Bang Ltd
Diwali Technical Pick 2024 : Buy HDFC Bank Ltd For Target Rs. 1550 - Nirmal Bang Ltd
Source: Nirmal Bang Ltd
2024-10-24 12:54:15 pm
Diwali Technical Pick 2024 : Gujarat Mineral Development Corporation Ltd For Target Rs. 295 - Nirmal Bang Ltd Gujarat Mineral Development Corporation Ltd * Momentum Indicator RSI showing a positive cross over in daily chart indicates strength. * Weekly line chart indicates that stock has given a breakout of downward sloping trend line with volumes which indicates an potential up move. The prices are currently trading above the long term average 50DMA which is a bullish signal. * Therefore, investors can buy the stock at 354 and on dips to Rs 325 for a target of Rs 440 with a strict stop loss...
Diwali Technical Pick 2024 : Gujarat Mineral Development Corporation Ltd For Target Rs. 295 - Nirmal Bang Ltd
Diwali Technical Pick 2024 : Gujarat Mineral Development Corporation Ltd For Target Rs. 295 - Nirmal Bang Ltd
Source: Nirmal Bang Ltd
2024-10-24 12:45:15 pm
Diwali Technical Pick 2024 : Buy Divis Laboratory Ltd For Target Rs. 5140 - Nirmal Bang Ltd Divis Laboratory Ltd * The Stock has given breakout of a Rounding formation on the longer term charts. * The stock has given three year Breakout with increase in volumes post breakout. Positive RSI Crossover is seen on the weekly charts. * Stock is well placed above all the important moving averages. * Therefore, investor can buy the stock at 5720 and on dips to Rs 5470 for a target of Rs 7200 with a strict stop loss placed below Rs 5140   Buy Divis Laboratory ...
Diwali Technical Pick 2024 : Buy Divis Laboratory Ltd For Target Rs. 5140 - Nirmal Bang Ltd
Diwali Technical Pick 2024 : Buy Divis Laboratory Ltd For Target Rs. 5140 - Nirmal Bang Ltd
Source: Nirmal Bang Ltd
2024-10-24 12:32:13 pm
Diwali Technical Pick 2024 : Buy BLS InterNational Service Ltd For Target Rs.335 - Nirmal Bang Ltd BLS InterNational Service Ltd * Weekly chart suggests that stock is trading in an upward rising channel. * As per Fibonacci retracement stock has retraced approx. 50% in weekly charts and further pullback rally is expected. * Positive Stochastic RSI Crossover is seen on the weekly charts. * Stock is forming higher tops and higher bottom formation on long term Monthly & Quarterly charts. * Therefore, investors can buy the stock at 380 and on dips to Rs 360 for a target of Rs...
Diwali Technical Pick 2024 : Buy BLS InterNational Service Ltd For Target Rs.335 - Nirmal Bang Ltd
Diwali Technical Pick 2024 : Buy BLS InterNational Service Ltd For Target Rs.335 - Nirmal Bang Ltd
Source: Nirmal Bang Ltd
2024-10-24 12:24:19 pm
Diwali pick 2024 By Choice Broking Ltd Nifty  * As we approach Diwali 2024, Nifty has experienced a healthy correction of 1,900 points, which equates to a 7.23% decline from its lifetime high. This pullback offers a strategic buying opportunity as the market sets up for a potential recovery. The current chart structure indicates the market is stabilizing, and the correction could be reaching its final phase, providing a favorable environment for long-term investors. * The ABC wave structure, as per Elliott Wave theory...
Diwali pick 2024 By Choice Broking Ltd
Diwali pick 2024 By Choice Broking Ltd
Source: Choice Broking Ltd
2024-10-24 11:44:33 am
Diwali Technical Pick 2024 : Aegis Logistic Ltd For Target Rs. 920 - Nirmal Bang Ltd Aegis Logistic Ltd * Weekly line chart indicates that stock has given a breakout of downward sloping trend line i.e. 742 levels with volumes which indicates a potential up move in coming trading session. * The important oscillators RSI & MACD on the daily chart have turned positive, which indicates limited downside potential. * ADX indicates also strength in daily chart. Therefore, investors can buy the stock at 740 and on dips to Rs 700 for a target of Rs 920 with a strict stop ...
Diwali Technical Pick 2024 : Aegis Logistic Ltd For Target Rs. 920 - Nirmal Bang Ltd
Diwali Technical Pick 2024 : Aegis Logistic Ltd For Target Rs. 920 - Nirmal Bang Ltd
Source: Nirmal Bang Ltd
2024-10-23 05:51:40 pm
Diwali Picks 2024 by ARETE Securities Ltd As per the table, the market does not appear to be in an expensive zone on a 1- year forward basis, indicating potential upside even without further P/E expansion. However, we expect some degree of P/E expansion, which could lead to extreme volatility in either direction. * In Diwali 2023, the Nifty stood at around 19,400 and has now reached 24,472, delivering approximately 28% returns, with the majority of the gains coming in the later part of the period. The top-performing sectors includ...
Diwali Picks 2024 by ARETE Securities Ltd
Diwali Picks 2024 by ARETE Securities Ltd
Source: ARETE Securities Ltd
2024-10-22 05:13:51 pm