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.
They operate in the business of plastic extrusion machinery. Company is India’s largest manufacturer of Plastic extrusion machines. They are foraying into Li-ion battery packs from Pune facility under the brand name “Battrixx”. It was discussed numerous times including today in telegram, twitter and youtube. Watch here.
They are manufacturer /producer of stainless steel flat products in austenitic, ferritic, martensitic and duplex grades. Over next few days pain in metals might get over and this chart is precursor to that.
The Baltic Dry Index is reported daily by the Baltic Exchange in London. The index provides a benchmark for the price of moving the major raw materials by sea. Higher it goes better for stocks that are catering to transportation of goods across the world. Given it is PSU and Air India rumors are already out case for the stock becomes even better. Brief discussion about Shipping here.
Company is into business of broking (institutional and retail), distribution of financial products, merchant banking and advisory services. Part of DIY yourself stock market and financialization of savings theme from physical assets in India.
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