
The chemical sector has once again shown an increase in some enthusiasm in the last few sessions, and the strong increase in this counter has now highlighted the possibility of further traction. There may be a good time to consider it for a strong dip and some buying in the cloud region. The last few days have been showing a steady increase, suggesting the possibility of purchase.
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• Cartrid Tech Limited: Buy above .1,640 | Shut down .1,605 | Target .1,790
Cartrid Tech Limited reported net profit .A turn from 43 million, .24 million losses, it reported in the same quarter last year. A strong push above the recent resistance with the q3 numbers stimulating .1,620, invite us to go long. The move has recently been supported by a growing candle and volume in the long body as well as growing pace, which shows that we can go for a long time. Since the RSI is going to height, the upcoming sessions can maintain the pace with the market positive emotions.
- Geo Financial Services Limited: Sell below .235 | Shut down .240 | Target .225
Geo -Financial, a financial services company that is a favorite among traders, is still witnessing some weaknesses, and unable to produce some upside down, may reduce some more in the coming days. In the past few days, the rally has gone to resistance areas and can once again witness some sales. Consider the aforementioned level violations, as it has opened more rooms on the negative side.
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Stock Recommendations Through Marcasmith India:
- Indian Erotel Limited: Current Market Price . 1,640.75 | Buy Range . 1,610-1,635 | The purpose of profit . 1,850 | Stop damage . 1,558 | Time frame 3-4 months
- Owni Feeds: Current Market Price . 696 | Buy Range . 674-700 | The purpose of profit . 880 | Stop damage . 630 | Time frame 2-3 months
Withdrawal: The views and recommendations given in this article are from individual analysts. They do not represent the ideas of the mint. We advise investors to check with certified experts before making any investment decision.
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Suggested by three stocks, Inkosh Bajaj to buy:
SRF: Buy .2,831, target .2,915-2,950, stop the damage .2,750.
The stock has given a rectangular breakout and closed at a new lifetime height, indicating a strong speed. Breakout suggests an upside -down rally, which is the first target .2,900, followed by .3,000+ in the near term. Strong volume confirms the move, and the level of breakout now acts as a key support. Traders should look at the permanent pace while manageing the risk with a stop loss below the breakout zone.
UBL: Buy .2,124.40, target .2,175-2,195, stop the damage .2,096
On the lower -time frame, the stock has given a growing wing out, indicating a potential strong move ahead. Breakout has good volumes support, which increases pricing action. In the short term, further reversal can be expected if the stock breaks above the level. Traders should monitor the purchase of follow -up while managing the risk with proper stop loss levels.
Naveen Floren: Buy .3,908.25, target .4,005-4,025, stop the damage .3,830.
On the hour chart, the stock has broken the upper channel and has been able to close the key level .3,830, indicate the power of fast. If the price lasts above this level, it is likely that the continuity of the Optage is possible. According to the back hit targets, the stock can touch soon .4,000+ levels. Traders should look for permanent speed and volume verification.
About Analysts: Inkosh Bajaz is a CB registered research analyst (Registration Number Inh000010441). Raja is the co -founder of Venkatraman, neutor. Marketsmith India is a stock research platform.
Raja is a co -founder of Venkatrman, neutor.
The investment in securities is subject to market risks. Read all relevant documents carefully before investing. Registration and NISM certification through SEBI does not guarantee the performance of the Bachvan in any way or does not provide any assurance of return to investors.
Withdrawal: The views and recommendations given in this article are from individual analysts. They do not represent the ideas of the mint. We advise investors to check with certified experts before making any investment decision.