Continuing with the focus on Textile sector another stock which has given a fresh breakout out of a range.
Technical View on HimatSingka Seide
- A channel formation of 20-30 points for last 6-8 months or more.
- Breakout to be seen on a sustaining move above 87-90 zone.
- Good volumes in last few days have been good.
- Good supports around 80.
- Disclosure : Above is a chart sent to Technical Traders Club Members and Big Value 2.0. So the stock has been recommended and we have a biased view. Do your own research.
Meanwhile Welspun India, Ambika Cotton and other textile companies continue to make all time highs. Continue to like KPR Mills which can see good momentum on sustaning 620-630 levels.
Value Investing - Basics of Financial Statements & Introduction to Qualitative Analysis.
Speakers - Puneet Khurana
You can read more about the speakers and The Investing Lab - Bridging Theory and Practice Workshop we do on this link.
It will be a two hour webinar on Saturday July 4th 2015 and should start around 11 am to 2 pm. It will be on www.wiziq.com .
Registered people will get the e-mail with the link.
Requirements - 1 Mbps connection or more with headphones. Limited participants. We will be sharing the recording later.
Topics
1) Basics of Financial Statements - Puneet Khurana
2) Q&A
Another webinar soon planned which Jatin or me will conduct sometime end of month or in August.
Nooresh Merani
Securities covered above:: Himatsingka Seide
SEBI Registration disclosure – Investment Adviser
Financial Interest:
Nooresh Merani and his family/associates/ analysts do have exposure in the securities mentioned in the above report/article.
Nooresh Merani and his family/associates/ analysts do not have any financial interest/beneficial ownership of more than 1% in the company covered by Analyst.
Nooresh Merani and his family/associates/ analysts have not received any compensation from the company/third party covered in the above report/article ever.
Nooresh Merani and his family/associates/ analysts has not served as an officer, director or employee of company covered in the report/article and has not been engaged in market-making activity of the company covered in the report/article.
The views expressed are based solely on information available publicly and believed to be true. Investors are advised to independently evaluate the market conditions/risks involved before making any investment decision
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