Latest news with #Camarilla
Mint
5 days ago
- Business
- Mint
Stock to buy for short-term: Anand Rathi sees big upside in THIS small-cap stock under ₹50
Stock to buy for short-term: Anand Rathi sees big upside in THIS small-cap stock under ₹ 50. The brokerage expects Sindhu Trade Links Ltd., which is up more than 5% in intraday trades on Monday, to gain close to 10% more. The Sindhu Trade Links share price that opened at ₹ 32.49 on the BSE on Monday was up 4% at the time of opening. The Sindhu Trade Links share price thereafter gained further to intraday highs of ₹ 33.41, which meant gains of 7% over the previous day's close. The Sindhu Trade Links share price was trading close to ₹ 32.80 levels. Thereafter, Anand Rathi Research expects more upside for the stock. The small-cap stock under ₹ 50, Sindhu Trade Links, remains the pick of the month for Anand Rathi Investment Services. The analyst at Anand Rathi Investment Services, Jigar Shantilal Patel, has given a target price of ₹ 36 for Sindhu Trade Links share price. The time period specified by Anand Rathi Investment Services to achieve the said target price for Sindhu Trade Links share price, though, stood at 1 month; nevertheless, Sindhu Trade Links share price already is seeing sharp gains. As per Anand Rathi Investment Services, the technical setup indicates a bullish opportunity for Sindhu Trade Links share price. Sindhu Trade Links, or SINDHUTRAD, has given a clean breakout above its yearly Camarilla pivot level around ₹ 29.80 and is currently sustaining above it. This breakout is technically significant, as it coincides with the VWAP higher band, offering strong support at current levels, as per Anand Rathi. The confluence of these factors suggests bullish momentum is likely to continue. Therefore, Anand Rathi had advised going long in the ₹ 31-29 zone, with an upside target of ₹ 36. A stop-loss, however, should be placed below ₹ 27 on a daily closing basis to manage risk effectively, as per Anand Rathi.
Mint
5 days ago
- Business
- Mint
Stock to buy for short-term: Anand Rathi sees big upside in THIS small-cap stock under ₹50
Stock to buy for short-term: Anand Rathi sees big upside in THIS small-cap stock under ₹ 50. The brokerage expects Sindhu Trade Links Ltd., which is up more than 5% in intraday trades on Monday, to gain close to 10% more. The Sindhu Trade Links share price that opened at ₹ 32.49 on the BSE on Monday was up 4% at the time of opening. The Sindhu Trade Links share price thereafter gained further to intraday highs of ₹ 33.41, which meant gains of 7% over the previous day's close. The Sindhu Trade Links share price was trading close to ₹ 32.80 levels. Thereafter, Anand Rathi Research expects more upside for the stock. The small-cap stock under ₹ 50, Sindhu Trade Links, remains the pick of the month for Anand Rathi Investment Services. The analyst at Anand Rathi Investment Services, Jigar Shantilal Patel, has given a target price of ₹ 36 for Sindhu Trade Links share price. The time period specified by Anand Rathi Investment Services to achieve the said target price for Sindhu Trade Links share price, though, stood at 1 month; nevertheless, Sindhu Trade Links share price already is seeing sharp gains. As per Anand Rathi Investment Services, the technical setup indicates a bullish opportunity for Sindhu Trade Links share price. Sindhu Trade Links, or SINDHUTRAD, has given a clean breakout above its yearly Camarilla pivot level around ₹ 29.80 and is currently sustaining above it. This breakout is technically significant, as it coincides with the VWAP higher band, offering strong support at current levels, as per Anand Rathi. The confluence of these factors suggests bullish momentum is likely to continue. Therefore, Anand Rathi had advised going long in the ₹ 31-29 zone, with an upside target of ₹ 36. A stop-loss, however, should be placed below ₹ 27 on a daily closing basis to manage risk effectively, as per Anand Rathi. Disclaimer: The views and recommendations made above are those of individual analysts or brokerage companies and not of Mint. We advise investors to check with certified experts before making any investment decisions.
India.com
5 days ago
- Business
- India.com
This company shares gains 5 percent after getting buy call from AnandRathi
25 महीने में करोड़पति बन गए निवेशक Sindhu Trade Link shares gained over 6 per cent even today July 14, 2025 even as benchmark indices Sensex and Nifty dropped significantly. Despite these market conditions, the stock opened gap up with a gain of 3.57 per cent today at Rs 32.49 against the previous close of Rs 31.22 on the BSE. The scrip gained further to touch the high of Rs 33.41, a gain of 6.5 per cent from the closing price of the last trading session. This uptick follows three consecutive days of decline. Technically, the counter trades higher than the 20-day, 50-day, 100-day and 200-day moving averages but lower than the 5-day moving averages. The 52-week high of the stock is Rs 39.25 on the BSE against the previous close of Rs 12.90. The market cap of the company is Rs 5,062.15 crore. Stock Under ASM As a precaution, the BSE has placed Reliance Power Ltd's securities under the Short Term Additional Surveillance Measure Stage I framework. This measure is intended to alert investors to high volatility in share prices. Being aware of such measures is crucial for investors making informed decisions. Meanwhile, the rally in the stock comes as the stock has given a breakout above its yearly Camarilla pivot level around Rs 29.80 and is currently sustaining above it. 'This breakout is technically significant as it coincides with the VWAP higher band, offering strong support at current levels. The confluence of these factors suggests bullish momentum is likely to continue. Therefore, we advise going long in the Rs 31-29 zone, with an upside target of Rs 36. A stop-loss should be placed below Rs 27 on a daily closing basis to manage risk effectively,' a report by Anand Rathi said. Stock Market Today Meanwhile, the 30-share BSE Sensex declined 232. 93 points to 82,267.54 in early trade. The 50-share NSE Nifty dipped 71.4 points to 25,078.45. From the Sensex firms, Bajaj Finance, Infosys, Tech Mahindra, Bharti Airtel, HCL Tech and Asian Paints were among the biggest laggards. However, Trent, Axis Bank, Mahindra & Mahindra and NTPC were among the gainers.
Mint
30-06-2025
- Business
- Mint
Shares to buy for short term: NTPC to Sun Pharma— Jigar Patel of Anand Rathi recommends 3 stock picks; do you own any?
Shares to buy for the short term: The Indian stock market's benchmark, the Nifty 50, is set to extend gains into the fourth consecutive month, enduring volatility due to global turmoil. The index is set to conclude the first half of the Calendar with a decent gain of 8 per cent. Currently, the index is near 25,550, inching closer to its all-time high of 26,277, hit on September 27 last year. Experts see 25,300–25,000 as the key support range for the index, while 25,700–26,000 may act as resistance. Jigar S. Patel, Senior Manager of Equity Research at Anand Rathi Share and Stock Brokers, pointed out that the Nifty's breakout above 25,300 comes after a month-long consolidation, signalling a potential shift in market sentiment. "Looking ahead, the 25,700–25,900 zone is likely to act as immediate resistance. A convincing breakout above this range could pave the way for a new leg higher. However, any close below 25,300 would signal a failed breakout and could warrant a return to a more defensive approach," said Patel. "While the structure now favours the bulls, some degree of caution is still warranted. We advise staying light on positions and avoiding aggressive bets until a clearer directional trend is established," Patel said. Jigar Patel recommends buying shares of NTPC, Sun Pharma and Havells for the next two to three weeks. Patel pointed out that in March 2025, NTPC gave a strong breakout above the ₹ 325 mark and rallied to test ₹ 370. Over the past three months, the stock has been in a healthy pullback phase, during which it has established a solid base near the ₹ 325– ₹ 330 zone—its previous breakout level, which is now acting as strong support. Notably, the ₹ 325 level coincides with the S3 monthly Camarilla pivot, adding further technical significance. In addition, NTPC has broken out of a descending trendline, a positive sign that suggests the corrective phase may be ending. On the daily RSI chart, the 50 level had been a major hurdle during the pullback. With the RSI now sustaining above this mark and currently placed around 53, momentum is gradually shifting back in favour of the bulls. "We recommend initiating long positions in the ₹ 340– ₹ 338 range, with an upside target of ₹ 370. A stop loss should be maintained below ₹ 322 on a daily closing basis," said Patel. NTPC technical chart Patel observed that Havells has recently formed a strong base around the ₹ 1,500 level, indicating solid support at lower levels. The stock has broken above a descending trendline, signalling a potential trend shift. It is also sustaining above the R3 monthly Camarilla pivot, further strengthening the bullish setup. Adding to this positive structure, a hidden bullish divergence is visible on the daily RSI chart, suggesting underlying momentum is building despite recent consolidation. This confluence of technical signals makes Havells an attractive buy candidate at current levels. "We recommend going long in the ₹ 1,570– ₹ 1,550 zone, with an upside target of ₹ 1,700. A stop loss should be placed below ₹ 1,490 on a daily closing basis to manage risk effectively," said Patel. Havells technical chart Patel said Sun Pharma has been consistently respecting the ₹ 1,640– ₹ 1,650 zone, which now stands out as a key support area due to multiple technical confluences. This zone aligns with a long-standing ascending trendline, the previous breakout level, the S3 monthly Camarilla pivot, and a recent Pitchfork breakout, all of which reinforce the strength of this support. Adding to the bullish case, a hidden bullish divergence has emerged on the daily RSI chart, indicating a possible continuation of the primary uptrend despite recent consolidation. "We recommend going long in the ₹ 1,690– ₹ 1,670 range. The upside target is set at ₹ 1,840, while a stop loss should be placed below ₹ 1,600 on a daily closing basis to protect against downside risk," said Patel. Sun Pharma technical chart Read all market-related news here Read more stories by Nishant Kumar Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions, as market conditions can change rapidly, and circumstances may vary.
Time of India
18-06-2025
- Business
- Time of India
Top stocks to buy today: Stock recommendations for June 18, 2025
Stock market recommendations: According to Mehul Kothari, DVP - Technical Research, Anand Rathi Shares and Stock Brokers, Voltas, ONGC, and TCS are the top stocks to buy today: VOLTAS – Breakout from Inside Value Setup Buy near ₹1300–₹1280 | Stop Loss: ₹1175 | Target: ₹1540 VOLTAS broke out after nearly a month of consolidation, accompanied by a DECENT surge in volume—indicating strong accumulation. Tired of too many ads? go ad free now What makes this consolidation phase particularly notable is that it occurred within the R3–S3 zone of the monthly Camarilla pivots, establishing an Inside Value relationship. This setup forms when the current month's pivots are nested within the previous month's range, often signalling a potential breakout with strong directional bias. ONGC – POSITIONAL BUY Buy near ₹252 | Stop Loss: ₹235 | Target: ₹290 ONGC recently broke out of its narrow consolidation range indicating strength. The stock is now trading above this range, supported by a base formation around the 200-day EMA high/low band, reinforcing bullish sentiment. Additionally, the daily RSI has moved above the 50 mark after a prolonged period, signaling a shift in momentum. TCS – Breakout from Inside Value Setup Buy near ₹3515 | SL: ₹3400 | Target: ₹3685 TCS recently witnessed a breakout following a consolidation phase that lasted nearly a month, accompanied by a significant rise in volume—signalling strong accumulation. Interestingly, this consolidation happened within the R3–S3 range of the monthly Camarilla pivots, creating an Inside Value setup. This formation occurs when the pivot range for the current month lies within the range of the previous month, typically indicating a possible directional move. Disclaimer: The opinions, analyses and recommendations expressed herein are those of brokerage and do not reflect the views of The Times of India. Always consult with a qualified investment advisor or financial planner before making any investment decisions.
