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Ride Multibagger (RMB)Talks

Updated: Feb 5, 2023

Sector wise performance

Top Gainers/Losers Friday

Top Option in focus

FIIs activity

Stock analysis from #RMB point of view

#Tatamotors : chart analysis says stocks is witnessing continuous accumulation since last 2 years and stock has not responded to last weeks weakness. #RMB expecting if it breaks out the trend line as in below chart, 1000 levels could be tested easily in next 1 to 5 yrs. Not a recommendation to buy being non registered.

Disclosure : holding

#Tatasteel : Stock witnessing accumulation 2021 and such action considered to be very positive as big players looks very aggresive in long run. #TATASTEEL being gem could rise further as it has not broken down despite #Nifty fell by 800 points. #RMB can sense 191 in short run.

Not a recommendation to buy being Non registered.

Disclosure : Holding as #RMB leader No 217

#HAL : Rally in #HAL seems to be over for time being. breakdown below 2400 can lead to 2180-2000 with stop placed at 2554. Not a recommendation to short being non registered. Please do your own home work.

#Coforge : This stock is setting up nicely. Strongest in IT. stock can see 20 to 30% rise in next 12 months with stop placed as in chart. Not a recommendation to buy. this is just our analysis based on our technical knowledge. Chart attached below

Disclosure : Holding.

#ZEEL : Zeel has witnessed strong downtrend from 600 to 111 but couldnot revisit its high despite strong recovery in #NIFTY in last 2 years. Now trying to break long rising trend line. we feel stock can test new lows of 110 again with stop placed at 290. just a view, may be 100% wrong and not a shorting advise

Above stocks/analysis shared as per our technical knowledge and for education trade only. Before taking up any trade please do your home work and consult your registered advisor. #RMB will not be responsible for losses in your accounts and profit as well

Hope you liked the idea and do not forget to share with your friends

kind regards

twitter : @ridemultibagger

Mob 7006093554

Disclaimer : click to read

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