Daily Dose #StocksToWatch #6

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Please note that below shared chart analysis is our way of sharing market pulse using four stocks. If you are taking trade on any of the stocks mentioned ensure that you have looked at things from all the angles and only after assessing the risk you are doing something.

  1. Radico Khaitan. MCap ₹12675Cr. CMP ₹948. Tradeable Float MCap ₹2760 Cr 

They own IMFL (Indian Made Foreign Liquor) brands such as 8PM, Magic Moments, Morpheus, Rampur, Jaisalmer, Electra, After Dark, Crown, Contessa, Pluton Bay etc. Business is growing, shedding debt and improving return ratios. Earlier covered for Pro at 480-550 with SL of 434 and it made lows of 494 and then rallied.

Courtesy – TradingView. Click image to embiggen.
  1. BEML. MCap ₹6231Cr. CMP ₹1494. Tradeable Float MCap ₹1310 Cr 

This is Ministry of Defence, Government of India venture working in areas of Defence & Aerospace, Mining & Construction, Rail & Metro. Earlier shared at 1366.

Courtesy – TradingView. Click image to embiggen.
  1. Dishman Carbogen. MCap ₹3902Cr. CMP ₹248. Tradeable Float MCap ₹860 Cr 

A fully integrated CRAMS player working with global pharmaceutical innovators. They have had some tax related raids and you might want to probe more before deciding anything on this one. Earlier shared at 198.

Courtesy – TradingView. Click image to embiggen.
  1. Tata Coffee. MCap ₹3976Cr. CMP ₹213. Tradeable Float MCap ₹1480 Cr 

Coffee is looking hot.

Courtesy – TradingView. Click image to embiggen.

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