Introduction
Hi Friends, we are back again with latest short-term and intraday stocks which gives breakout or near breakout for the next week. Hope you love our previous short-term suggestions given in previous posts. Also we will post daily intraday levels and market updates for Bank nifty and Nifty on daily basis. If you are looking for intraday levels you can visit our blog regularly.
So we have selected some of the stocks which you should consider to buy for this week. I have applied some technical as well as fundamental analysis for this stocks I have selected. To trade on such stocks in live market follow the levels i have mentioned for entry and exit. For adding Stop loss you should consider your own risk and add affordable stop loss while trading. Also the position sizing and risk reward must be followed.
Prakash Pipes Ltd-Technical chart analysis
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| Prakash Pipes Ltd chart analysis |
Prakash pipes is involved in the manufacture of PVC pipes. The Company has reduced its debt and the Company has almost no debt. It is the largest producers of high quality PVC pipes with IS: 4985 - 2000. Profits on Prakash Pipes increased by 44.86% to Rs 10.56 crore in the quarter ended June 2021 compared to Rs 7.29 crore in the last quarter ended June 2020. Sales have increased from 37.56% to Rs 121.59 crore in the quarter ended June 2021 compared to Rs 88.39 crore in the previous quarter ended June 2020.
You may like to read:- How to Use "VWAP" indicator For Intraday Trading
Short-term /Intraday targets of Prakash Pipes Ltd
- Current trading price of Prakash pipes is 175.90
- Buy above 178.5
- Target are 183.9,188.75,190,195,200
- Stop loss 149
- Can average at 157-158
Jullundur Motor Agency Technical chart analysis
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| Jullundur Motor Agency Technical chart analysis |
Jullundur Motor Agency operates in the trade and distribution of automotive parts, accessories and petroleum products especially in India. The company probably has no debts. The stock trading only 0.98 times its book value. The company has been maintaining a good dividend rate of 18.53% .The company has introduced a poor sales growth of 1.33% over the past five years. The company has a low return of 10.87% over the past three years.
Short-term /Intraday targets of Jullundur Motor Agency
- Current trading price of Jullundur Motor Agency is 70
- Buy above 71
- Target are 72.7,74.5,77,80
- Stop loss below 62
- Can average at 66-63
- risky traders
KSB Pumps Technical chart analysis
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| KSB Pumps Technical chart analysis |
KSB Pumps Limited is involved in the business of building electric pumps and industrial valves with headquarters in Frankenthal, Germany. KSB Group has sales and marketing organizations, production facilities, and operations across the continent. The company probably has no debts. The company has been maintaining a good dividend rate of 29.45%. The company has reported negative sales growth of 8.09% over the past five years.
Also did you read:- THINGS TO KNOW ABOUT TRADING ON BREAKOUT STOCKS
Short-term /Intraday targets of KSB Pumps
- Current trading price of KSB is 1159
- Buy at 1116-1120 range
- Target are 1200,1250,1298
- Stop loss below 1005
- Can average at 1050-1060
Chambal Fertilizers & Chemicals Technical chart analysis
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| Chambal Fertilizers & Chemicals chart analysis |
Chamber Fertilizers & Chemicals operates in the urea production business and has three urea plants. In addition to making Urea, the Company also works with other fertilizers and agricultural products. The company based in Rajasthan, India. The company has reduced its debt. The company has provided positive profit growth of 45.03% of the CAGR over the past five years. The company has a good return on equity (ROE) track record of 3 Years ROE at 28.61%
Short-term /Intraday targets of Chamber Fertilizers & Chemicals
- Current trading price of Chamber Fertilizers & Chemicals is 304.94
- Buy at 302-305 levels
- Target are 309.5,314.5,319.6,325
- Stop loss 294 below
Conclusion
All stocks are mentioned here can be tried both in intraday and short-term positional trading. Always calculate risk yourself before entering into any trade. Some of these suggestions are risky so analyze before trading on them. We are not registered with SEBI and all chart analysis and levels are provided for educational purposes.
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