1. LIC housing finance
The stock seems to be turning back after a long downtrend and consolidation. Overall I have noticed that the financial stocks are turning back and could be our next big theme.
The channel breakout
The Inverted Head and Shoulder in LIC Housing Finance! Get ready for some action!
Biocon seems to be ready for another good breakout. This breakout can take it to the levels of 700+
That's a beautiful triangle in formation
3. Shopper Stop
Call it a Channel breakout or Bullish flag breakout.
Registration status with SEBI: I am not registered with SEBI under the (Research Analyst) regulations 2014 and as per clarifications provided by SEBI: “Any person who makes recommendation or offers an opinion concerning securities or public offers only through public media is not required to obtain registration as research analyst under RA Regulations”
Disclosure: It is safe to assume that i might have Everest Kanto in my portfolio and hence my point of view can be biased. Readers should consult their financial advisory before any investments. This is not a Buy/Sell call but just meant for reader Education purpose.
This article is contributed by Prateek Dhuper on Fri Apr 13 2018 12:18:29 GMT+0530 (IST)
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