GST beneficial stocks

Hello friends,

As everyone aware GST implementation is very near. Shall we start discussing the stocks which are going to beneficial most of it so we can get benefit of early entry.

My votes to GATI, BODHTREE and GREENPLY.

Please everyone participate and share your views?

 

My vote goes to Pidilite// Hero// Exide

Exide - after amarraja Exide is the only name we hear in peers
Hero motor - undisputed champion in 2wh
Pidilite - up trend/good fundamentals/unique product / no strong peers

thnq

 

I entered into exide last week. I feel it will give good return in short term. I entered bcz it formed cup and handle pattern and near to it 2 yr breakout

 

Exide is perfect Akash ji.....and it is in goood trending channel...
Kindly update in the forum if u come across such buying oppurtunities

 

How you created this chart? This look very clear and informative. Can you teach me or guide me

 

Yes praveen ji, we wud like to know how this can be done.

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Antony ji & akash Ji
.I am newbie and not an experience technical analyst..however I would like to tell what I know..
I read some technical books which are available free on internet and based on those studies I developed those drawings

open https://in.investing.com/
type Castrol in search box https://in.investing.com/equities/castrol-india

open fullscreen mode https://in.investing.com/equities/castrol-india-chart
select weekly chart /day chart
join highs of candles through a line
join lows of candles through a line
and you will find a price move of the channel ,here in castrol ind when price moved from 385/- the price moved from channel i.e., Break of down trend >> start of UP trend
at this point we call it as technical breakout in castrol
so we will go long after breakout with SL 362 and will be long in this particular stock
as long as the candles are in the range of these lines the trend is ON. If stock is touching high line(line ended with two circles) in channel the TREND is SUPER STRONG..
If the trend is very strong u may buy futures or sell PUT ( fno are risky)

THE EXPLAINED CHART IS ATTACHED FOR THE BENIFIT OF MEMBERS..


https://www.diytechnicalanalysis.com/community/threads/castrol-ind.2516/

 

Excellent explanation Praveen ji, In this how do you calculate the target and stoploss.

 

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In addition to the ones you mentioned, Shabbir, I endorse TCI and TCI Express too.

 

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Thanks Antony Ji ..

Target would be where u have started trend line is your target .. here in this chart it is around 480 and stoploss is from where the stock bounced i.e., around 360 levels (from where the uptren channel lines started as well)

Frankly these are our perceptions based on the previous beahviour of stocks.>> behaviour of stock is human patterns of fear & greed >>
normally I would follow target & SL as per my RISK apetite .. my target would be 1%-3% and so on based upon the volatility of stock and price action. The price action would be very high as there is a breakout usually the stocks move forward towards our target of 3%-5%.

 

Thanks praveen ji, I hope this is not for intraday trading and I cud see the chart in excel sheet, how did u make it?

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How about snowman, allcargo, sherya shipping?

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Antony ji ., these charts are made upon AMIBROKER a charting software.
pl google about the software. >>>>>>>>>> https://www.amibroker.com/download.html
U can do these charts in many websites ., investing.com , googlefinance ,money control.com etc.,

 

Ok great, thanks praveen ji.

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Welcome antony ji thnxx