Multibaggers for 11/4/17 on NSE

Today is a confusing day.Many stock charts are looking promising, but knowing which will move the most, will make you rich. I have been trying to improve my trading through the stock picks day by day, and sure the results are promising. Perhaps I would need some help from the readers too, to improve the picks. I am going to list the stocks which have found a place in my analysis today and trying to find out which is best after today’s action

1.Arrow textiles

LTP-48.5

SL-46

Everything looks well and good, the only downside being it being near 50, which may be difficult to cross, let us see.

2.Atlanta

LTP-87

SL-82.65

Chart looks good, tried to cross this hurdle before, but failed.Have to see whether it is good to buy a stock which is revisiting the old hurdle where it failed.

3.India Glycols

LTP-175.05

sl-166

Couldn’t find anything much negative, shall we go for it?

4.ptc india finance

LTP-46.7

SL-44

Should have been bought one day back, have to see whether the momentum sustains, especially around 50.

5.JK PAPER

LTP-101.1

SL-94

This is another stock in the category, I tried to cross this hurdle before. But it looks like my kind of stock, can be included as my pick for today.

6.Marksans Pharma

LTP-56.1

SL-53.3

Above 50, volume picking up, but there seems to be a small hill to climb, can we pick this?

7.Madhucon projects

LTP-53.2

SL-50.5

Above 50, high volume, but there seems to be so many hills in the back drop.

8.Kilitch drugs

LTP-52.45

SL-50

Wouldn’t have added to my list in the past, but now the price above 50 and breakout.Have to see

9.Kalyani steels

LTP-396.4

SL-376

I would have picked this one too, but the price is one factor which pulls me back,like I pulled back from Tata sponge yesterday, but it went up by Rs.100. So should we do away with the price tags?

So to conclude, I would have picked JK paper and Kalyani steels as the two stocks for today, which one would you pick?

 

 

Leave a Comment

Your email address will not be published. Required fields are marked *