Rice Stocks- KRBL, LT Foods ( Daawat) – Example of Momentum in All Time Highs

In my previous post on #Fertilizers had mentioned another sector which looked interesting was - Rice.

Also had tweeted about the same

Had also discussed KRBL on radar some time back.

KRBL Limited

  • Cup and Handle formation with same tops around 305.
  • Volumes yet to pick up.
  • Fundamentally also it is well placed with rising paddy prices and huge inventory and brand.

This is just an example as to how focusing on All Time Highs with a little bit of fundamental drivers can lead to a quick trade at times.

KRBL

KRBL boom

Do notice when a trend picks up in a sector the smaller cos make bigger moves like - LT Foods ( Daawat)

LT Foods

Disclosure - KRBL was recommended in Technical Traders Club at 303 and in Big Value 3.0 from 250 and we have taken full booking.

This is just a post for educational purpose. Not a Recommendation. Please do your own research and read the disclaimer.

 

Technical Analysis Training Bangalore

Date:
4th -5th February 2017

Timings:
9 am to 6 pm

Venue :

Iris Hotel

70, Brigade Road,

Bangalore-560 025

Fees - Pay as much as you want.

Registration Fees = Rs 5000 ( Refundable )

This is how much you can pay

1) Ask for registration fees to be refunded if you do not like the course.

2) Pay anything above Rs 5000.

(You can pay in chq/neft/online/gift/blessings at the venue or anytime after the course. There is no upper limit to the payment:))

Entries on a first come first save basis. Batch size 20-30 participants.

Payment Link :

https://www.instamojo.com/noooreshtech/technical-analysis-training-bangalore-4th-5t/

Also you can do a UPI Payment ( try its pretty fast ) and mail to nooreshtech@analyseindia.com

Mobile No - 9819225396

MMID - 9240905

Eligibility - A serious interest and intent to learning Technical Analysis to help you in your trading/investment decisions. It is 16 hours of attention followed by another month or two of practice to build confidence. If not interested there are better ways to spend time on a weekend.

Course Content - https://www.instamojo.com/noooreshtech/technical-analysis-training-mumbai-march-19-/https://nooreshtech.co.in/technical-analysis-training/classroom-training

Nooresh Merani

Securities covered above:: KRBL and LT Foods

SEBI Registration disclosure – Investment Adviser ( INA000002991)

Financial Interest:

Nooresh Merani and his family/associates/ analysts do not 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

Leave a Reply

Your email address will not be published. Required fields are marked *


This site uses Akismet to reduce spam. Learn how your comment data is processed.