Can I buy Samvardhana Motherson International now in the long term? What is the perspective?
Sophia, Kochi
Samvardhana Motherson International (₹ 118.10): The action is in a bearish trend since October last year. The bearish trend is still intact. There is space for a greater fall of ₹ 100-90, an important long-term support zone. A fall beyond ₹ 90 is less likely. So, after this fall, a new rally leg is possible. This new ray of the support zone of ₹ 100-90 can gain impulse in a subsequent increase above ₹ 150.
That in turn can take the stock to ₹ 250 in the next two years. Buy Samvardhana Motherson International in sauces to ₹ 105 and ₹ 95. Keep the stop -los in ₹ 75 initial. Remove the stop-loss up to ₹ 120 when the price rises to ₹ 160. Move the fougen stop-to-the 190 when the price of the action touches ₹ 220. It leaves the shares to ₹ 250.
I bought Arrow Green Tech A ₹ 678 actions. Can I keep maintaining? What is the perspective?
Manju Kabra, Goregaon
Arrow Gasentech (₹ 589): The action reached its maximum point in ₹ 1,098 in November last year and has declined sharply from there. This fall is a correction within the broader bullish trend. Strong support is approaching in the ₹ 480-470 region that can stop the fall. A new increase in this support zone will indicate the resumption of the widest upward trend. You can take the price of Arrow Gasentech shares up to ₹ 1,100 in the next three quarters.
Buy more and accumulate ₹ 490. Keep the Stop -los in ₹ 420. Check the Stop -los to ₹ 630 when the price goes up to ₹ 720. Move the fougen stop-loss until ₹ 860 when the price of the shares touches ₹ 980. Go to ₹ 1,050. A break below ₹ 470 can drag the actions to ₹ 350-300. Then, adhere to the stop-loss and go to ₹ 420.
I bought Wockardt’s shares to ₹ 1,290. What is the perspective?
Pradeep, Patna
Wockardt (₹ 1,319.30): The action has been oscillating within a wide range of ₹ 1,100-1,700 since November last year. This price movement in the weekly table indicates the danger of double pattern formation. So, you may have to be very careful. The level of ₹ 1,050 is very crucial. A break below will confirm this pattern. Then it will drag the action to ₹ 950 or even ₹ 800 from then on.
The action has to violate ₹ 1,700 to recover the bullish impulse. Only then ₹ 2,100 and higher levels will enter the scene. The perspective is not very clear now. You can consider two options. One, leave the action at current levels with a small gain. The second option will be to keep the Stop -los in ₹ 1.020 and go to ₹ 1,650 if it is an additional increase.
What is the perspective of Jubilant Foodworks?
Mangesh Sri
Jubilant Foodworks (₹ 685): The long -term perspective is bullish. The support group is there in the ₹ 580-500 region. While the shares are maintained above this support area, an increase in ₹ 880 in the coming months is possible. From a perspective of several years, the price of the shares of Jubilant Foodworks has the potential to point to ₹ 1,200-1,300. This rally can happen in the next two years.
If you are a long -term investor, buy shares of Jubilant Foodworks now. Accumulate in the falls to ₹ 590 and ₹ 540. Maintain the fall of the loss of ₹ 390. sire the stop-wess up to ₹ 740 as soon as the action rises to ₹ 880. Move the fougen stop-loss to ₹ 920 and ₹ 1.050 when the price touches ₹ 1,030 and ₹ 1,110 respectively. Leave the actions to ₹ 1,250. This opinion will go wrong if the action breaks ₹ 500 and decreases below ₹ 440 later.
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Posted on April 12, 2025
