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#CUB 137 Clearly visible on charts: interested / institutional buying has come into this age old small/midsize bank. Rising from beaten down levels ....
#Nifty 15630. +73 pts. Called bottom on 17/19Jun immediately after hitting new 52w low 15184. Recovered nicely in one week. MACD cut over to happen on daily chart. Further rise on cards.
#Chemplast #ChemplastSanmar 461, +17% Virgin Price Action after 52w lows 383 done recently. High volumes. Q4 came in well. J P Morgan meeting yesterday, Analyst meet. AGM tomorrow.
#TataSteel 836, -5% a new 52w low. Keep an eye! Stocks of caliber don't go down off a precipice!
#BPCL 306, +2% OMCs are up today in weak markets. Recovering from 52w lows! #Brent Crude down 4% just above 110 Haven't hiked fuel prices for some weeks. Duty cut passed on. Standalone refineries consolidating after fall from highs #MRPL 88 #ChennaiPetro 315 #IOC 106 #HPCL 224
#IndiGo 1639 Recovering 2nd day. Falling indices. Promoter dispute. One wanting to get out of holding (36%) in 5 yrs. Qatar refusing to buy from selling promoter! Aviation markets hot. Ticket prices sustain high level. More than compensate fuel costs. Occupancy. Market share.
#TataElxsi 7498 Overall tech sell off, US recession, etc have taken a toll on this stock too. Sentiments. Attempting to recover from lower levels. The stock has a strong following among big investors!
#HindZinc has shown poor positive correlation to metal prices!
#Nifty 15650, +2% #NiftyMidcap100 26031, +2.9% #NiftySmallcap100 8222, +3% Nifty recovers 2nd day, big! Mid/Small jumping up from lows A few interesting mid/small/ipo stories as they rise from bottoms #SBICards 700, +4% #IndiamartIntermesh 4100, +7% #Delhivery 495, +5% No reco.
#ThirumalaiChemicals 221, +9% Virgin Price Action #VPA at support levels!