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Short term Positional stocks-2 01-06-2021

 Hey Guys, I hope you are safe at home. Here In this blog we will discuss about four companies that can perform in Short term. Before going Ahead please go through the Disclaimer below.


Disclaimer :- 
  • I am not a SEBI Registered Investment Advisor.This blog is Only for Educational Purpose. It is not an recommendation to buy/sell. I am sharing these ideas here so that you guys can learn from that. Please consult your Financial Advisor before taking any Investment Decision. 
Look at the performance of our last Recommendation:


In our last blog "short term trading stocks -1" we have recommended berger paints at 752, CDSL at 832, Lupin at 1178 & HFCL at 37.2 &These 4 stocks gave us a average return of 19% in just 13 days with 100% success rate. All the above stocks are based on market trend and breakout to learn about " what is a market trend?" you can follow this link. Also with trend there are some Technical patterns associated with stocks. To learn about these patterns you can visit at "Most Common chart pattern".

Now Coming to our Short term positional pics for June months, we have below four stocks for short term:-

1.) Larsen & Toubro :-  Larsen & Toubro is engaged in core, high impact sectors of the economy and its integrated capabilities span the entire spectrum of design to deliver.L&T is major technology, engineering, construction, manufacturing and financial services conglomerate, with global operations. L&T addresses critical needs in key sectors - Hydrocarbon, Infrastructure, Power, Process Industries and Defence - for customers in over 30 countries around the world.

On Technical front stock is looking bullish.
Key points to consider:- 
1.) Forming Inverse head& shoulder pattern (bullish)
2.) OBV is giving trend line breakout and now inching higher.

Key Levels:- 
  • Support at 1300
  • Resistance -1550
  • Possible target 2000-2160
  • Time frame 1-2 year.
Only for educational purpose 


2.) ICICI Prudential Life Insurance CMP - 552 :- ICICI Prudential Life Insurance Co. carries on business of providing life insurance, pensions and health insurance products to individuals and groups. Riders providing additional benefits are offered under some of these products. The business is conducted in participating, non-participating and unit linked lines of businesses. These products are distributed through individual agents, corporate agents, banks, brokers, the Companys proprietary sales force and the Company website.(Source : 202003 Annual Report Page No: 192)

On technical front stock is giving all time high breakout and looks bullish

Key Points to consider:-
1. Multi year bullish breakout & then retested.
2.) Head & shoulder pattern breakout
3.) Rsi making higher highs(Showing strength)
4.) target - 600 in short term, 750++in long run
5.) support 520-500

#Educational Purpose


3.) V-Guard Industries CMP -266:-  V-Guard Industries Ltd. (‘V-Guard’) is a reputed Indian company manufacturing innovative and experiential products in the categories of Electronics, Electricals and Consumer Durables. It has grown from being a brand synonymous with voltage stabilizers across South India, to a brand offering a wide array of thoughtfully engineered products to consumers across the length and breadth of the country. Underpinned by its continuous quest to enrich consumer lives and power a stronger tomorrow.
On Charts stock is looking bullish as it gave a breakout from 3 year long Consolidation.

Key levels :-
  • v-guard Multi year breakout,
  • Support - 215
  • Target - 300-360
  • Time frame - 1 year
Only for Educational Purpose




4.) Emami Paper Mills CMP 127 : - Emami Paper Mills Ltd is Indias one of the largest producer of Newsprint, Writing & Printing Paper and Multilayer Coated High-end Packaging Boards.
On charts stock is looking bullish as it gave a trend line breakout on weekly charts and then retested and again gives bullish breakout from symmetric triangle.

Key Levels to watch :- 
  • Support near 110-116
  • Stop loss -100
  • Target 150-190
  • Time frame - 1 year
Only for educational Purpose


Thank you

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