Stock buzz 03 Oct 2017, Elite Investment Advisory

Page 1

TECHNICAL BUZZ ELITE RESEARCH

03RD SEPT 2017

MOHOTAMILL

About Company: The Rai Saheb Rekhchand Mohota Spinning & Weaving Mills Ltd is engaged in manufacturing of yarn and fabrics. The Company operates through Textiles segment. It operates through three product divisions: Spinning, Weaving and Processing. The Company, through Spinning division, supplies grey yarns for knitting and weaving in the medium count ranges for cotton, polyester and viscose, and their blends in carton or palette packing. The Company, through Weaving division, manufactures fabric from count range of 10 to 100s count with weight from 75 grams per square meter (gsm) to 400 gsm. The Company, through Processing division, specializes in suiting, shirting, trousering, school uniform materials, bed sheets, dress material and fabrics. It also specializes in the manufacture of fabrics with special effects, such as chiller finish, wrinkle free finish, Teflon finish, oil and water repellant finish, fire proof, duck, rubber finish and wool finish for photovoltaics (PV) fabrics, among others. Technical outlook on MOHOTAMILL:-The stock is creating good buying from the level of 280 on the weekly as well as daily chart. Strategy for Traders: - You may take a position in MOHOTAMILL on the level of 280, if you are having short term view you may buy MOHOTAMILL, so you can see the level of 290 with Stop-loss of 265 below on closing basis, within a week or 10 days.

Visit us at: - http://www.eliteresearch.in/

+91-9098560968


TECHNICAL BUZZ ELITE RESEARCH

03RD SEPT 2017

CERA

About Company: - Cera Sanitaryware Limited is engaged in the business of manufacturing, marketing and distribution of sanitaryware, faucetware and trading in tiles and other bathroom products. The Company offers sanitary ware products, including kids range products, wash basins, urinals, cisterns, seat covers, sensors and bath accessories, as well as special needs products, such as cranes, rails and grab bars. The Company also provides sensor taps, basin mixers, showers, bath tub spouts, flush valves and cocks, angle and stop cocks, health faucets, aquamatics, clinical products, waste couplings, concealed parts and chrome plated accessories. It offers wellness products, such as steam shower rooms, shower rooms, shower cubicles, shower partitions, bath tubs, shower panels and pressure pumps. In addition, it offers kitchen sinks; mirrors; personal care products, including soap dispensers, hand dryers, perfume sprayers with remote control and hair dryers; wall and floor tiles, and allied products. Technical outlook on CERA:-The stock is creating good buying from the level of 3320 on the weekly as well as daily chart. Strategy for Traders: - You may take a position in CERA on the level of 3320, if you are having short term view you may buy CERA, so you can see the level of 3420 with Stop-loss of 3200 below on closing basis, within a week or 10 days. Visit us at: - http://www.eliteresearch.in/

+91-9098560968


TECHNICAL BUZZ ELITE RESEARCH

03RD SEPT 2017

ASHOKLEY FUTURE

About Company - Ashok Leyland Limited is a holding company. The Company is engaged in Commercial vehicles and related components. Through its subsidiaries, it is engaged in manufacturing and trading in Medium and Heavy Commercial Vehicle, Light Commercial Vehicles, Passenger vehicles, automotive aggregates, and vehicle financing and engineering design services. Technical outlook on ASHOKLEY: RSI and CCI are giving buying signal and stock is looking strong on its daily and weekly chart. Strategy for Traders: One can go for buy position in ASHOKLEY above the level of 124 for the Tgt of 126, 128 with the strict Stop-loss of 122.30.

Visit us at: - http://www.eliteresearch.in/

+91-9098560968


TECHNICAL BUZZ ELITE RESEARCH

03RD SEPT 2017

TVSMOTOR FUTURE

About Company: TVS Motor Company Limited is engaged in the manufacturing of motorcycles, scooters, mopeds, three wheelers, parts and accessories. The Company's motorcycles include Apache Series RTR, Phoenix 125, Victor, StaR City+, Sport and Max4R. Its scooters include Jupiter, Wego, Scooty Zest 110, Scooty Streak and Scooty Pep +. Its mopeds include XL 100, XL Super and XL Super Heavy Duty. Its three wheelers include TVS King. It has approximately four manufacturing plants, approximately three located in India (Hosur, Tamil Nadu; Mysore, Karnataka, and Nalagarh, Himachal Pradesh) and one in Indonesia (Karawang). The Company's TVSM Service(Beta) mobile application features include service schedules, service booking, and news and updates, among others. Technical outlook on TVSMOTOR: - The stock is looking strong on its daily and weekly charts and RSI, CCI are also supporting the buying trend. Strategy for Traders: - One can go for buy position in TVSMOTOR above the level of 664.10 for the Tgt of 671.10, 678.10 with the strict Stop-loss of 658.10.

Visit us at: - http://www.eliteresearch.in/

+91-9098560968


TECHNICAL BUZZ ELITE RESEARCH

03RD SEPT 2017

DISCLAIMER The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most. Investment in Stocks has its own risks. Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and up on sources that we consider reliable. We, however, do not vouch for the accuracy or the completeness thereof. This material is for personal information and we are not responsible for any loss incurred based upon it & takes no responsibility whatsoever for any financial profit s or loss which may arise from the recommendations above. The stock price projections shown are not necessarily indicative of future price performance. The information herein, together with all estimates and forecasts, can change without notice. Elite research advisory services do not purport to be an invitation or an offer to buy or sell any financial instrument. Analyst or any person related to Elite research might be holding positions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at his free will and does not read any views expressed as a recommendation for which either the site or its owners or anyone can be held responsible for. Any surfing and reading of the information is the acceptance of this disclaimer.

Our Clients (Paid or Unpaid), any third party or anyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken. Any surfing and reading of the information is the acceptance of this disclaimer.

All Rights Reserved.

Visit us at: - http://www.eliteresearch.in/

+91-9098560968


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.