(18-JULY-2021)LATEST INTRADAY/ SHORT TERM STOCKS NEAR BREAKOUT

 INTRODUCTION

Hi friends, to am going to share some good stocks near breakout which you can consider for intraday and short term positional trading. All stocks mentioned here are near breakout and you should wait for breakout to enter in to particular trade. If its mentioned buy above a price level means, wait for the price level to active with volume. Also use proper risk-reward and add stop loss while trading.

Main shot-term stocks in equity cash segments that should be considered are GRAVITA, ESTER,IGPL,POLYPLEX,COSMOFILMS,KALPATPOWER. All stocks are good for next week and its holding period ranges from 1 week to a month or till stop loss hit. limit your quantities and use proper money management while investing.

KALPATARU Power Transmission Ltd(KALPATPOWR)

KALPATARU Power Short-term/intraday targets

Kalpataru Power Transmission is a global EPC player with various interests in energy transmission and distribution, oil and gas pipelines, railways and biomass-based power generation. The company delivered a positive profit growth of 43.57% CAGR over the past five years.

you may Also like to read about:- THINGS TO KNOW ABOUT TRADING ON BREAKOUT STOCKS

KALPATARU Power Short-term/intraday targets

• Buy above 483
• Targets are 490, 497, 504, 510
• Stop loss 465
• Near Breakout and intraday targets are 0.5%, 1%,2% etc.

Cosmo Films Ltd (COSMOFILMS)

Cosmo Films Short-term/intraday targets

Cosmo Films is active in Indian film production. The company has positive growth rate of 18.77% CAGR over the past five years. The company has been keeping a good dividend rate of 21.32%. And Negative part is The company has reported negative sales growth of 7.11% over the past five years.

Cosmo Films Short-term/intraday targets

• Buy above 1125
• Targets are  1138,1175,1200,1260
• Stop loss 1050
• Near Breakout and intraday targets are 0.5%, 1%,2% etc.

Polyplex Corporation Ltd(POLYPLEX)

Polyplex Corporation Ltd Short-term/intraday targets

Polyplex Corporation is working on the production of plastic films. Globally it is one of the lowest cost producers, driven by quality economy, efficiency, direct integration and strategic production facilities. Low delivery costs due to the distribution of the plant production area. The company has reduced its debt. The stock offers a good return of 9.64%. The company has a good profit growth of 77.51% CAGR over the past five years. The company has maintained a good dividend rate of 56.84%. The company has given bad sales growth of 8.96% over the past five years.

Also read:- Which Chart indicators can we use for intraday/positional Trading?

Polyplex Corporation Ltd Short-term/intraday targets

• Buy above 1555
• Targets are  1600,1630,1647,1700
• Stop loss 1490
• Near Breakout and intraday targets are 0.5%, 1%,2% etc.

GRAVITA India Ltd(GRAVITA)

GRAVITA India Ltd Short-term/intraday targets

Gravita India Ltd. is an International Company of India with high quality production units for Lead Metal & Lead Products, Aluminum Alloys, Plastics Granules, PET Flakes. The company is a world-leading provider of Turnkey Solutions for Lead Battery Recycling and other non-ferrous metals. Dividend payments were down 14.12% of profits over the past 3 years.

GRAVITA India Ltd Short-term/intraday targets

• Buy above 177
• Targets are  180,183,190, 195,200
• Stop loss 169
• Near Breakout and intraday targets are 0.5%, 1%,2% etc.

Conclusion

All The stocks mentioned and can be try both in intraday and positional trading. Always do your own analysis before entering any trade. we are not SEBI registered and all chart analysis and levels are provided for educational purposes.

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