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RideMultibagger (RMB)Talks 18 Feb 2023

Sector wise performance

Top Gainers/Losers Friday

Top Option in focus

FIIs activity

Stock analysis from #RMB point of view

#FINEORG : On the weekly chart, there is a pin bar formation occurring at the same location where it previously formed. For those who are unfamiliar, a pin bar is a bullish signal that suggests the bulls are taking over control of the stock. Furthermore, there is evidence of good trading volumes. It's worth keeping an eye on this stock as confirmation next week could result in the stock reaching new highs. have a look on chart

Disclosure : No positions

#TEJAS : Stock appears to be a promising stock with a rising channel breakout. The chart shows good trading volumes, which suggest that the stock may move higher and change its price action from a short-term downtrend to an uptrend. I have attached the daily chart for your perusal.

This information can be useful for those who are interested in technical analysis and trading. It's important to conduct further research and analysis before making any investment decisions.

Disclosure : No positions

#FLUEROCHEM The stock has experienced a very nice trend line breakout, and it appears to be reversing its short-term downtrend and moving into an uptrend. Our analysis suggests that the stock is likely to continue its upward trajectory, with a target of 4400, and a stop placed at 2400. This information may be useful for those interested in technical analysis and trading.

Furthermore, there have been strong trading volumes, which may indicate that the current correction is healthy and the stock is poised for a sustained upward move. However, it's important to conduct further research and analysis before making any investment decisions.

Disclosure : No Positions

#CIGINITITEC : Stock has experienced a nice breakout with an inverse head and shoulders pattern, which can also be interpreted as a VCP pattern. This breakout is supported by strong trading volumes, and the stock may be poised to test Rs 1000, with a stop placed at Rs 500.

It's worth noting that there may be different ways to interpret this breakout, depending on your approach to technical analysis. However, our analysis suggests that this breakout is significant and may provide a potential opportunity for traders or investors.

Please note that we do not have any positions in this stock, and it's important to conduct further research and analysis before making any investment decisions.

#LINC : The stock appears to be forming a "U" pattern with very good volumes, and it has reached its all-time high. As there is no resistance ahead, the stock may experience a significant upward move if it can sustain above its all-time high. However, it's important to note that investing in such stocks can also be risky, as there have been instances where many investors have bought at all-time highs and stock never went back to highs.

it's important to set a stop loss at a level that aligns with your risk tolerance and investment goals. This will help you limit your potential losses if the stock does not perform as expected. It's also important to conduct further research and analysis before making any investment decisions.

The analysis and information provided in this post are based on our technical knowledge and are intended for educational purposes only. We encourage all investors to conduct their own research and seek the advice of a registered financial advisor before making any investment decisions.

It's important to note that investing always involves a degree of risk, and investors should be aware of their own risk tolerance and investment goals before taking up any trades. We have included a disclaimer to provide transparency and to ensure that investors understand that we cannot be held responsible for any losses or profits that may result from using this information.

We hope that these ideas and insights are helpful to you, and we encourage you to share them with your friends. If you have any further questions or need additional information, please don't hesitate to ask.

Thank you for reading, and we wish you the best of luck in your investing journey.

kind regards

twitter : @ridemultibagger

Mob 7006093554

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