Md Jamil
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Ponni Sugars (Erode) Limited is an Indian firm specializing in the production and sale of sugar and its associated by-products. Their product range encompasses sugar, bagasse, molasses, and power generation. The company’s stock prices are currently undergoing a retest of the peak of an eight-and-a-half-year long descending symmetrical triangle pattern. The fact that it is… Read more
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I suggested GMDC stock as a potential investment when it was trading at approximately 152 per share, based on the anticipation of a breakout from a descending wedge pattern. It took approximately four and a half months for the stock to achieve a 100% profit return. Previous blog article: link Read more
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Nomura Research and Motilal Oswal Securities have upheld their ‘neutral’ stance, while Jefferies India and Antique Stock Broking have retained their ‘buy’ recommendations intact. Nuvama Research, on the other hand, has remained steadfast in its ‘hold’ classification for the stock. All of these brokerage firms have maintained their previously set target prices for the stock,… Read more
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The consumer division of the Tata Group is currently engaged in discussions regarding the acquisition of a minimum of 51% ownership in Haldiram’s, a well-known snack food manufacturer. However, it has been reported that the proposed valuation of $10 billion is causing some hesitation on Tata’s part. This potential transaction, if it materializes, would place… Read more
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Redington has experienced a setback after exhibiting signs of failure in its ascending broadening wedge pattern. However, it’s worth noting that the stock is still maintaining its long-term trendline support and has recently shown indications of a potential reversal. This is the reason why I am still holding it. I will add some fresh positions… Read more