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Trade Spotlight: How should you trade Titan, Shriram Finance, Jubilant Foodworks, NALCO and others?

Money ControlMoney Control · 1y ago
Trade Spotlight: How should you trade Titan, Shriram Finance, Jubilant Foodworks, NALCO and others?
Medial

Here are some stock trading ideas for the near term: 1. Engineers India: The stock has broken out of a symmetrical triangle formation and is trading above its moving averages. The target is at Rs 298 with a stop-loss at Rs 237. 2. Data Patterns India: The stock has broken a trendline resistance and is trading above its moving averages. The target is at Rs 3,700 with a stop-loss at Rs 2,800. 3. Ircon International: The stock has broken out of a symmetrical triangle formation and is trading above its moving averages. The target is at Rs 300 with a stop-loss at Rs 245. 4. Cochin Shipyard: The stock has experienced a breakout from a consolidation formation and is trading above its moving averages. The target is at Rs 1,554 with a stop-loss at Rs 1,280. 5. Shriram Finance: The stock has formed a long-legged Doji candlestick pattern and a double bottom structure, indicating a potential trend reversal. The target is at Rs 2,460 with a stop-loss at Rs 2,300. 6. Jubilant Foodworks: The stock has a bullish divergence on the daily MACD indicator and has violated a bearish trendline. The target is at Rs 526 with a stop-loss at Rs 445. 7. Titan Company: The stock exhibits a bullish AB=CD pattern and a W-shaped structure on the RSI indicator. The target is at Rs 3,600 with a stop-loss at Rs 3,235. 8. National Aluminium Company: The stock has broken above its all-time high resistance level and has strong momentum. The target is at Rs 210 with a stop-loss at Rs 190. 9. IRCTC: The stock has broken above its 52-week high and has strong momentum. The target is at Rs 1,200 with a stop-loss at Rs 1,060. 10. Bharat Electronics: The stock has broken above its all-time high and has strong momentum. The target is at Rs 265 with a stop-loss at Rs 240.

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Stock Radar: Titan, Jio Financial, Bandhan Bank, Lupin, CG Power, Diffusion Engineers, GAIL in focus on Monday

Money ControlMoney Control · 9m ago
Stock Radar: Titan, Jio Financial, Bandhan Bank, Lupin, CG Power, Diffusion Engineers, GAIL in focus on Monday
Medial

- Quarterly earnings (YoY) of companies such as Titan Company, Induslnd Bank, Bandhan Bank, Poonawalla Fincorp, Jammu & Kashmir Bank, AU Small Finance Bank, IDBI Bank, RBL Bank, Godrej Properties, L&T Finance, Macrotech Developers, Federal Bank, Metropolis Healthcare, Indian Bank, Union Bank of India, Utkarsh Small Finance Bank, Equitas Small Finance Bank, Dhanlaxmi Bank, Ujjivan Small Finance Bank, Adani Wilmar expected to be released. - SEBI grants in-principle approval for Jio Financial Services and BlackRock Financial Management Inc to set up a proposed mutual fund. - GAIL (India) signs MoU with AM Green to jointly develop renewable energy and green chemical projects. - Lupin receives five observations from the US FDA for its biotech facility in Pune. - Antony Waste Handling Cell's subsidiary wins a contract worth Rs 908 crore from Navi Mumbai Municipal Corporation for waste collection and transportation. - CFO resignations at Univa Foods (Sandhya Rani Koochana) and Mahanagar Telephone Nigam (Vinay Srivastav). - BLS International Services completes the acquisition of Citizenship Invest for $31 million. - Paytm's Chief Technology Officer - Payments, Manmeet Singh Dhody, steps down and transitions to a new role as an AI Fellow, while Deependra Singh Rathore is appointed as the new CTO - Payments. - Gravita India plans to raise up to Rs 1,000 crore through the issuance of equity shares and makes management changes. - Akzo Nobel India's parent company, Akzo Nobel NV, conducts a strategic review of its portfolio, focusing on its decorative paints positions in South Asia. - Apollo Tyres' stake increases as LIC buys 3 lakh additional shares. - R Systems International witnesses a significant stake sale by Non-Resident Indian Bhavook Tripathi. - HDFC Bank witnesses a block deal as BNP Paribas Financial Markets sells equity shares to Morgan Stanley Asia (Singapore) Pte and Citigroup Global Markets Mauritius. - SME listings on October 7: HVAX Technologies, Saj Hotels. - Stocks will trade ex-dividend: Jupiter Wagons, KP Energy. - Rights offered by Geojit Financial Services trade ex-date. - F&O ban on GNFC, Bandhan Bank, Birlasoft, Granules India, Hindustan Copper, Manappuram Finance, RBL Bank. Note: This content is for informative purposes only and not a recommendation to invest or trade.

Beco raises $10 Mn in pre-Series B round led by Tanglin

EntrackrEntrackr · 11m ago
Beco raises $10 Mn in pre-Series B round led by Tanglin
Medial

Beco, a homegrown eco-friendly home, kitchen and personal care brand, has raised $10 million in its pre-Series B round led by Tanglin Venture Partners. The round also saw participation from Titan Capital Winners Fund, Manish Choksi, promoter of Asian paints, existing investor Rukam Capital and Synergy Capital. Earlier in December 2022, the Mumbai-based company had raised $3 million in its Series A round led by Rukam Capital and others. Entrackr had exclusively reported the Series A round in August 2022. The proceeds will be used towards innovation and expanding production capacity; developing a strong offline sales infrastructure in key geographies, and lastly, towards brand building and enhancing brand awareness. Founded in 2019 by Aditya Ruia, Akshay Varma, and Anuj Ruia, Beco claims to be a pure eco-friendly and zero-plastic company which offers a wide range of products for home & kitchen and personal care. Its offerings include tissues, towel rolls and toiletries among others. Beco claims to have achieved an exponential 3x growth in the last year. It has a presence in 10,000 retail stores, with order values matching or exceeding those of legacy brands. In just five years, Beco has established a strong foothold in e-commerce and quick commerce platforms such as Amazon, Zepto, Blinkit, Swiggy Instamart, and DMart Ready. It is available in general trade across 20 cities and has entered modern trade, with plans to expand to other major players by the end of this quarter.

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