DLF (₹776)Trend turns positive
After hanging out in the ₹620-700 neighborhood for what feels like forever, DLF’s stock finally decided to break free and soar to new heights last week. The stock has been on a winning streak for the past couple of weeks, showing off some serious positive vibes. All signs point to a major turnaround in the trend, with a possible pit stop around ₹700 before shooting up to ₹1,100. Just a heads up, things might slow down a bit around ₹1,000, so don’t get too comfortable. Traders looking to hop on the bandwagon can jump in at ₹776 and ₹710. And don’t forget to set your stop-loss at ₹650. When the price hits ₹900, make sure to adjust your stop-loss to ₹820. And as the stock climbs to ₹1,000, tighten that stop-loss to ₹930. Time to cash in those profits at ₹1,100.
NBCC (India) (₹112.48)Bulls take charge
A couple of weeks back, NBCC (India) stock went on a wild ride, breaking through the ₹100 barrier like a boss. Last week, things seemed to calm down a bit, but don’t worry, the bulls are just taking a breather before charging ahead again. Keep an eye out for a possible dip to ₹100, but don’t panic – the stock is expected to make its way to ₹125 and then take a quick detour to ₹115. After that, get ready for a joy ride to ₹180. Time to get in on the action at ₹112 and ₹100, with a stop-loss set at ₹80. Once the stock hits ₹150, trail that stop-loss to ₹135. And when the price reaches ₹165, bump up that stop-loss to ₹150. It’s party time at ₹180, so make sure to cash out those long positions.
Welspun Living (₹152.20)Positive shift in trend
Three weeks ago, Welspun Living stock broke free from its chains and soared past the ₹140 mark. This upward momentum also pushed the stock above both the 21- and 50-week moving averages, signaling a potential shift in the winds towards bullish territory. Brace yourself for a ride up to ₹180 in the near future, with a possible pit stop at ₹160 along the way. From there, get ready for a sprint to ₹200 and then a marathon to ₹250 over the next few months. Snag some shares at ₹152 and ₹130, with a stop-loss set at ₹100. When the stock hits ₹180, adjust that stop-loss to ₹150. And when the price hits ₹220, sell off half of your shares. For the rest, keep that stop-loss at ₹190 and ride it all the way to ₹250.
So there you have it, folks! Get ready to ride the waves and make some serious cash with these hot stocks. Remember, the market is a wild beast, so buckle up and enjoy the ride!