Stock recommendations (equity)

Yagnesh07

Well-Known Member
Dear Shashi,
S. Kumar is touching support level 3 rd time so maintain strict SL of 24 levels.
Upside it is facing resistance at 28 levels and second resistance stands at 31.
Stock is in oversold zone so upside movement is expected, shashi.
From last 10 trading session stock is corrected up to 27% so fresh up move is expected but maintain stoploss bro.
Dear Shashi,

I gave my view as per your request on S. Kumar and you can see stock hit the stoploss and down almost 9% from SL.

The reason behind is that on weekly chart this stock was making bearish price pattern which was negative sign for the stock.
so I was suggesting you to maintain strict stoploss.
Now major Resistance for this stock is 25. Good support at 22 levels.
 

Yagnesh07

Well-Known Member
Hi
Can you share quick comments on the following scrips (Long position cash)
1. Manappuram
2. Orchid
3. Chambal
4. McleodRussel

1. Manappuram - Minor resis at 38 and next major resis at 41, good support at 31 levels

2. Orchid- Facing resis at 125 & good support at 112
3. Chambal - Stock is at support level resis stands at 70 & 73
4. McleodRussel- stock making bearish pattern and may touch 285 levels.
 

Similar threads