Short term trading ideas for august month

Trend following is one of the widely used methodology, in the below portfolio we are assigning equal weights to 5 stocks which are breaking out strongly all time resistance and near 52 week highs…we use stop loss to avoid losses..exit is usually to keep trailing the targets

P:S:I have shared detailed analysis charts separately

Stocks Entry SL Quantity capital
BERGEPAINT 328 302 61 20000
GRAPHITE 1106 1018 18 20000
Vimtalabs 256 236 78 20000
Relaxo 840 773 24 20000
Exide industries 293 270 68 20000

Short term trading ideas: buy BERGEPAINT at 328 SL:300 target trailing basis

Buy BERGEPAINT at 328 SL:300 target trailing basis
Berger Paints (BPIL), India’s second largest paints manufacturer, will benefit from better mix, growth in decorative paints segment, Gov Target valuation of 48x FY20E EPS

BPIL enjoys 18% market share in the India, marginally ahead of Kansai Nerolac Paints Ltd with 17% market share. BPIL derives 80% revenues from decorative paints, 12% from international paints and 7% from exports. Internationally, BPIL has  presence in the decorative paints segment in Nepal and in the external insulation system in Poland (where it has 11-12% market share) through Bolix SA. It has the second largest distribution network in India with 17,000 dealer

berger

 

Short term trading ideas: Buy Graphite:1106 Sl:1020 target:trailing basis

Buy Graphite:1106 Sl:1020
Graphite India, the largest Indian manufacturer of graphite electrodes, will gain from strong global demand for its product due to increasing steel production and rising pricess

Capacity cuts in China for steel and graphite electrodes has spurred steel production in other countries. Steelmakers globally (except China) are largely opting for electric arc furnaces (EAF) route for steel production, which requires graphite electrodes as a main component. This has resulted in an increase in demand for graphite electrodes.

Further, rising global steel prices have led to rise in graphite electrodes prices. \cr give us comfort. graphite

short term trading ideas:VIMTALABS buy at 256 SL 240 Target:trailing basis

VIMTALABS buy at 256 SL 240 Target:trailing basis

VIMTA Labs is one of the leading CRO in India, providing clinical research & development services to global pharmaceutical & biotechnology companies

There is a consistent quarterly profit growth in the stock also good momentum

 

VIMTALABS

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