Kerbside
The recommendations provided in this column are taken from various market sources such as brokers, analysts, dealers and investment strategists, etc. These recommendations may not be backed by strong fundamentals. Therefore we advise readers to use their own discretion before investing in these recommendation.
TECHNICALLY STRONG
TECHNICALLY STRONG Network 18 Media and Investments Limited
BSE Code: 532798
CMP: ₹92.20
Network18 Media and Investments Limited is a media and entertainment company that provides digital content for television, internet, filmed entertainment, digital commerce, and mobile content and allied businesses. The stock is well-off from its lows and has gained about 28 per cent in just four weeks. It is trading above all the key moving averages and is extremely bullish as per the technical parameters. The media sector, in general, is showing a strong run of late and this stock is one of the prominent leaders in this sector. With such bullish sentiment and strong technical parameters, the stock is expected to do well in the future.
TRENDING WELL
K.P.R. Mill Limited
BSE Code: 532889
CMP: ₹660.10
KPR Mill Limited is an apparel manufacturing company which is engaged in the business of producing yarn, knitted fabric and readymade garments. The stock is gaining momentum and technical indicators show improved strength in the stock. It is above all the key moving averages and the volumes have built up recently. The stock holds a promising future as indicated by its sound fundamentals. Also, foreign institutional investors have continuously increased their stake in this company for the last six quarters. With such strong institutional support and bullish technical parameters, you should not miss out an opportunity to make money in this stock.
ON A SMOOTH ROAD
JK Tyres and Industries Limited
BSE Code: 530007
CMP: ₹122.35
JK Tyre and Industries Limited is engaged in the manufacturing of tyres, tubes and flaps. It is one of the sector leaders and has a market capital of about Rs 3,000 crore. The stock has been registering higher highs and higher lows over the past few days, indicating a strong uptrend. It is above its short-term moving averages and the volumes are above average. The stock was quite oversold during the global tensions but is back on track. It has a long road ahead and carries an immense opportunity to generate wealth. Thus, this could be an opportunity to hop on for an enjoyable ride.
PICKING UP PACE
Chambal Fertilisers and Chemicals Limited
BSE Code : 500085
CMP: ₹463.15
Chambal Fertilisers and Chemicals Limited is a prominent manufacturer of fertilisers and agro-chemicals. It has business presence in manufacturing phosphoric acid, textile, shipping and software, among others. The stock is currently in a strong uptrend and has urged over 32 per cent since its recent swing low. It is trading above all the key moving averages and technical indicators point towards extreme bullishness. Such bullish price action can be attributed to its strong growth potential. Many broking houses and credit agencies have upgraded the company’s outlook with a recommendation to buy. Volumes indicate huge buying and this could be your chance to gain