Before i start this post , would like to remind that markets are in momentum and a lot of stocks could be in a move which may or may not sustain.
So if you are not good at risk management, discipline and stop losses be very selective and careful.
Price Breakouts and Volumes
Some stocks which have given a price and volume
Aurobindo Pharma --- Trendline Breakout with a good jump in volumes. can it follow up the move ? …. Disclosure – Recommended in QuickGains
Marksans Pharma
After a long consolidation a good price and volume breakout.
Shriram City Union Finance
A well managed NBFC company.
Finally seeing volumes and price also ticking up.
Disclosure – Recommended in Technical Traders Club
Himatsingka Seide
A breakout into all time highs.. A textile company … ( Some more like Vardhman Textiles, RSWM , Sutlej have given a similar move on back of cotton prices hitting highs. More a short term phenomenon but so be it. A bannari amman spinning mills also close to a breakout but low volumes. )
Disclosure – Have a liking for textile stocks and many advised before. Himatsingka Seide recommended in Technical Traders Club
Some smallcaps and microcaps which have seen strong price volume moves today
Welspun Enterprises, Celebrity Fashions, edelweiss , Uflex
Long Term Breakouts or Setting up for one.
Godrej Inds
Although a company which i have liked a lot for few years now but performance has been nothing to talk about.
Can it start seeing a fresh bout of momentum above 430 ?
Disclosure – Recommended in Technical Traders Club
HIKAL Limited.
Setting up for a 10 year + breakout. Can it see follow up in coming months ?
Technical Analysis Training Bangalore
Date:
20th - 21st August 2016
Timings:
9 am to 6 pm
Venue :
Iris Hotel
70, Brigade Road,
Bangalore-560 025
Fees - Pay as much as you want.
Registration Fees = Rs 5000 ( Refundable )
This is how much you can pay
1) Ask for registration fees to be refunded if you do not like the course.
2) Pay anything above Rs 5000.
(You can pay in chq/neft/online/gift/blessings at the venue or anytime after the course. There is no upper limit to the payment:))
Entries on a first come first save basis. Batch size 15-30 participants.
No Conditions apply. You can also directly come at the venue .
Link - https://www.instamojo.com/entrepreneur987/technical-analysis-training-august-20-21-ban/
Nooresh Merani
Securities covered above:: Aurobindo Pharma , Marksans Pharma, Hikal, Godrej Inds, Shriram City Union, Himatsingka Seide and more
SEBI Registration disclosure – Investment Adviser ( INA000002991)
Financial Interest:
Nooresh Merani and his family/associates/ analysts do have exposure in the securities mentioned in the above report/article.
Nooresh Merani and his family/associates/ analysts do not have any financial interest/beneficial ownership of more than 1% in the company covered by Analyst.
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