#Praj 350

Rectangular consolidation

Target post breakout 470-90

Breakout - Daily close above 400

https://t.co/l84XJUdkDK

Not a recommendation!!!!!!!!

#Hindcopper -133.40
Daily chart.
RSI to come out of oversold.

Pullback rally likely provide exit opportunity those who stuck at higher range. Before further slide.
Fibonacci retracement level shown in chart. Recent low 123 as base Case.

#Probability
#Update

1) Super stoked to go live with my fund, RH #Perennial Fund tomorrow at the beginning of the new financial year. It is inspired by the vision to protect the purchasing power of savers irreplaceable capital, & to increase such value over time in real terms with minimum volatility

2) Our typical holdings exhibit the following characteristics

- Sector leaders in consolidating profit pool industries with favorable economics with a great track record of capital allocation

-Great accounting quality and corporate
governance

-Huge growth potential

3) We do so by identifying Identify great companies with consistency of growth and economic profits and weeding out fraud companies and promoters with dubious history using proprietary forensic accounting tools and fraud search toolkit.

4) We try to judge companies on the holy quadrangle of wealth creation, namely a) Total Addressable Market b) Market Leadership c) Reinvestment runways d) Management

5) Finally we analyse the competitive advantages of the companies by looking at global wealth creation trends & dissecting the moats of Indian businesses on basis of a) Network effects b) Consumer switching costs c) Intangible assets d) Low cost of production to find #perennials

Indian Energy Exchange

#HINDCOPPER - Hind Copper - Downtrend channel - TradingView -

#Nifty
This table has key information.
Market has cycles that repeats:

Close > 5-Ema - Up
Close > HEma - UP Trend gaining momentum
Close < HEma - UP Trend losing momentum
Close < 5-Ema - Down
Close < LEma - Down Trend gaining momentum
Close > LEma - Down Trend losing momentum

Many mid and small cap stocks are in correction phase. Watch 39 EMA closely many will take support from there and bounce back.

*Focus on Good Fundamental Stocks.
*Avoid stocks which go through lower circuit in last few days.
*keep tight stoploss below 55 EMA.

RSI is almost perfect indicator.

Ion Ex: RSI made top on 10 June and stock closed at 2178.9.There was a divergence on the chart as RSI kept making LH but price kept up.But in yesterday's correction, price exactly visited the closing price of RSI top and cleared the divergence.

Shorting few stocks which is breaking yesterday low and below Super trend 10.2 and also few stock with DC 50 low broken.

#HDFCBANK
The setup looks favorable above 1531 for target's of 1640+

#StockMarket #StocksToWatch

#NAVINFLUOR bullish ABC. Looks attractive. #StockOnRadar

Laurus Labs Double top buy active - 1%*3 Box size and reversal.

#LAURUSLABS
close abv 708 SL 592 on closing basis for 1769
#Relativestrength #outperformance #investing #india
#AhmedabadNest

close abv 708 will trigger super pattern
institutional holding increasing icing on the cake