Performance of 21/11/2023

Rallis India Ltd:-    Date:22/11/2023         

BSE: 500355    NSE : RALLIS

Cmp Price  ₹ 235.75    Stop Loss ₹ 230

Remarks : Stock has entered in to gap with good volume and good price action seen. Positive Q2 and Q1 will support in long term. Stock is seasonal depend on Agricultural so strict stop loss required for short term traders.

Rsi : 78.49

Shalby Ltd :-    Date:22/11/2023    

 BSE: 540797   NSE : SHALBY

Cmp Price  ₹ 317.50    Stop Loss ₹ 303

Remarks : Bullish chart pattern and in up trend with multi year break our continue. Mid term stock can wonder 366 , 420++ . ADX AND DI+VE IS AT GOOD LEVEL ALSO AND IN UPWARD DIRECTON

Daily  RSI : 82.28  AT OVER BOUGHT ZONE -  BUY IN DIP FOR MIDTERM – WE MAY SEE PROFIT BOOKING IN FEW DAY’S.
 

New India Assurance Company Ltd :-    Date: 22/11/2023      

 BSE: 540769 NSE : NIACL

Cmp Price  ₹ 164.90    Stop Loss ₹ 159

Remarks : Weekly bullish chart sustaining the trend line cross over and volume built-up seen .

• Govt holding and public holding is less then 2%.

Daily  RSI :75.67

Analyst : Ragesh Shah

info@smartinvestment.in

Disclosures: Author or Analyst is not SEBI register.  At the time of writing this article, author, his clients & dependent family members may have positions in the stocks mentioned above. The author, his firm representing, his clients or any of his dependent family members may make purchases or sale of the securities mentioned in website. Author may have positions in above stocks so have vested interest obviously in their going up or down as the case may be. Disclaimer: Investing in any equity is risky. Our recommendations are based on reliable & authenticated sources believed to be true & correct, and also is technical analysis based on & conceived from charts. Investors should take their own decisions. We assume no responsibility for any transactions undertaken by them. The author won't be liable or responsible for any legal or financial losses made by anybody. Investors must take advice from their financial advisors before investing in any stocks.