Hello Guys,
Wish You All a Very Happy and Blessed DIWALI !!
On this Auspicious Occasion, I want to Share Few Portfolio Picks for the Next Year till Diwali.
I will be Sharing 12 Picks in Next 3 Days for DIWALI to DIWALI Holding. Those who want to Invest According to the Portfolio may Invest a Small Part of the Capital in Every Pick as Recommended in the Posts. If you want to Invest in this Portfolio, Invest in All Stocks. Do Not Choose Randomly and trade on your Own.
Starting Today on The Occasion of Muhurat trading, I will be Posting One Stock Only.
STOCK TODAY : BLUE DART EXPRESS LTD.
Let's See the Chart :
This is a Weekly Chart for the Stock, Currently Trading around 4086 Levels.
The Stock has done a Breakout of the Falling Trendline and Now Moving Higher. The Reason for selecting the stock is not only the breakout.
After Lockdown, Businesses are returning to normal routines and continuous Moves by all State and Central Govts. for the Economic revival are helping the businesses move towards a normal routine with faster track.
Increasing Business Activities demand increase in Courier Services on Domestic and International Businesses. Recently Serum Institute also announced their Tie-up with Blue Dart and Few More Courier Service Providers for the Seamless Distribution of COVID-19 Vaccine throughout the Country. Railway and Waterways Increased Activity will help the company in easy transportation and Distribution services.
Overall We Expect increased Revenue and a Good Financial year ahead for the Company.
Breakout Level of the Stock was around 2900-3000 Levels and with a Sharp Rally in markets The Stock is Riding to 4000-4100 levels as of Now.
As Everyone who follows us knows about our Market view for DEC and JAN, We are Expecting a Correction due to Global Issues till US Presidential Inauguration. We expect the Stock will also show some Pullback towards the Breakout levels.
The Recommendation here is :
BLUE DART EXPRESS LTD.
Current Market Price : 4086
Trade : BUY
Entry Level : 3300 and on dips to 3000
Stoploss : 2499
Targets : 4777 - 5444 - 6422
Risk : Approx 20%
Reward : Approx 100%
Portfolio Allocation : 8% of Capital
Buy in 2 Steps,
First Entry Near 3300 (3% of Capital) and
Second Entry Near 3000 (5% of Capital)
Disclaimer :
The Analyst is a Technical Analyst, Global Market Expert and Certified Investment Adviser, Having Experience of More than 13 Years in Domestic and International Markets.
The Trade given is for Investment Purpose and For a period of 12-18 months. Trade with due care, No Leverage Trades. No Over trading. Follow Strict Risk management and Consult your Investment Adviser for further advice.
More Trades in this Series are coming in next 2-3 days... Keep Visiting here or if you want to get instant updates... Just join Our WhatsApp Free groups and telegram Channel. The Links are posted below ...
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