Oct 2018 watchlist update # 2

Hi,

Watch this stock, seems to have caught attention of buyers. look at the delivery %. its showing 96%. Stock is trading very near to its 52 week low and yet 96 % delivery .... sounds like good amount of buying is coming in. (source : nse website)

Let us wait and watch to see what happens to this stock in the coming weeks.

An here is the weekly chart of Ganesh Housing Corporation Ltd.(source : icharts.in)

Looks like if  61-66 price level holds and the overall market remains positive then It may try to touch 89-99 in the coming months

Best buy would be @ around 62-67 levels. The True Range and avg weekly ATR is around 7 & 10 respectively, 

Hence our targets & stop loss workout to : Target 74-79-84-89-94-99  & Stop loss would be @ 60

Expected time for all targets to achieve is 12-15 weeks

Happy Trading :)

Lawrence Sequeira

Some October 2018 Picks... Part # 1

Hi,

Have a look at this stock.... if overall market remains positive then this stock is likely to continue its upside movement too. 

The quarterly results also seem to be good and there is a dividend coming up ex. date 23-Oct-2018

From the current market price of 69 the best buy would be around 60 for targets of 74-89 in near future. Keep stop loss @ 50

Happy Trading !!!