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RideMultibagger (RMB)Talks 05 Feb 2023

Sector wise performance

Top Gainers/Losers Friday

Top Option in focus

FIIs activity

Stock analysis from #RMB point of view

#Asianpaints : Stocks fell from 3600 to 2700 in last 5 months. Support of of stock stands at around 2600-2550 which looks not to be tested. bullish engulfing on daily chart say that stock might test 2860 level in short term with stop loss placed at 2680. RSI and Stochastic are in oversold zone.

Disclosure : holding

#Marico : where the whole pack like #Britania, #Hul showing bullish momentum. this stock trying to break its rising trendline and it may even succeed in this. if breaks stock can test 445 levels in short run with stop loss placed at 535

Disclosure : No positions

#RAJESH EXPORTS Big U seem on and likely to move high with stop placed at 800

Disclosure : No Positions

#Cholamandalam : Stock respecting its long uptrend line and broke out of channel with good volumes. stock can give nice gains with stop placed just below current candle

Disclosure : No positions

#GNAAXLES : Stock is trying to make big U and than a breakout. Good to ride as ong as stock is above 670 for targets of 1140+

Disclosure : No positions

Above stocks/analysis shared as per our technical knowledge and for education 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

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twitter : @ridemultibagger

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