Rajandran R Founder of Marketcalls and Co-Founder Algomojo. Full-Time Derivative Trader. Expert in Designing Trading Systems (Amibroker, Ninjatrader, Metatrader, Python, Pinescript). Trading the markets since 2006. Mentoring Traders on Trading System Designing, Market Profile, Orderflow and Trade Automation.

Sasken Communications : Buy

34 sec read


 

Stock : Sasken Communications
CMP : Rs 141.8
Risk : Low Risk High Gain Stock
Stop Loss : Rs 136
 
Sasken Communications has a board approval to buy up to 9.45 per cent stake in the company, or shares worth up to Rs 40 crore, at up to Rs 260 a share.
Now the Stock off its high from 172.4 and down nearly more than 15%. Now the stock looks a valuable buy at this level with a strict stop loss at Rs 136 for
Better Gains. The Target of the stock may extend anywhere between 180-200.
 
Technicals say that stocks has support at Rs 138 and there is a chance of formation Bullish  Morning star Pattern  in this counter and also more recently the
stock was up with heavy volumes. So it the Stock moves gap up in tommorow's morning little bit then dont forget to grab this stock earlier.
 
Please Trade this stock with strict stop in this counter.
Rajandran R Founder of Marketcalls and Co-Founder Algomojo. Full-Time Derivative Trader. Expert in Designing Trading Systems (Amibroker, Ninjatrader, Metatrader, Python, Pinescript). Trading the markets since 2006. Mentoring Traders on Trading System Designing, Market Profile, Orderflow and Trade Automation.

GANN Shorter term update for Nifty as on 15…

  GANN Supports zone near 5005. More weakness below 5005 as next support near 4780. Avoid longs if nifty dips below 5005. Source: www.marketcalls.in
Rajandran R
5 sec read

Larsen and toubro update

  Trailing Stop Loss Update for Larsen and Tourbo   Cover Shorts and reverse the position if LT closes above 1665. Source: www.marketcalls.in
Rajandran R
6 sec read

JP Associates is getting Weaker

  1)Stock is showing massive MACD divergence 2)Price is currently below 13,34,55 EMA and these levels could act as a resistance in coming sessions. 3)Stop loss...
Rajandran R
12 sec read

Leave a Reply

Get Notifications, Alerts on Market Updates, Trading Tools, Automation & More