Warren Buffett, the legendary investor, famously said, “It is far better to buy a wonderful company at a fair price than a fair company at a wonderful price”. This timeless wisdom underscores the essence of value investing. The strategy revolves around identifying quality companies trading below their intrinsic value, a philosophy epitomised by Buffett and … Read more
Reliance Industries Ltd, part of the oil & gas space, consolidated in a narrow range after hitting a record high earlier in March 2023, but a bounce back from its 50-DMA on daily charts suggests that bulls are here to stay. If the momentum continues, short-term traders can look to buy the stock for a … Read more
Gujarat Pipavav Port Ltd (GPPL), part of the port services, rallied by about 30% in the last 3 months to hit a fresh record high earlier in March 2024 and the chart pattern suggests that the rally may not be over yet. Short-term traders can look to buy the stock now for a possible target … Read more
Radhika Gupta, MD & CEO, Edelweiss MF, says “we are telling people, do not switch your existing mid and smallcap fund holdings and pay a lot of tax, but at least put incremental money in multi-cap funds. Could a behaviour of this kind happen? Yes. So that could lead to a moderating of flows by … Read more
Asian Paints Ltd, part of the paint sector, has remained range-bound despite benchmark indices trading fresh record highs in the short to medium term. The paint stock has fallen in double digits in the last 3 months, but the price action suggests that it is forming a base around 2700 levels on weekly charts. Short-term … Read more
Tata Consumer Products Ltd, part of the tea & coffee industry, has rallied by more than 30% in the last 3 months and chart pattern suggests that the bulls are here to stay. Short-term traders can look to buy the stock now or on marginal dips for a possible target above 1300 levels in the … Read more
Petronet LNG Ltd, part of the energy sector, broke out from a 3-year consolidation range on the weekly charts in January 2024 and is staying above the same, which suggests that momentum is intact. Short-term traders can look to buy the stock for a possible target above 300 levels which will take the stock to … Read more
ICICI Lombard General Insurance Ltd, part of the insurance industry, broke out from a Cup pattern on the weekly charts to hit a fresh record high in February 2024 but the price patterns suggest that the rally may not be over yet. Short-term traders can look to buy the stock now for a target above … Read more
Havells India Ltd, part of the consumer electronics industry, has rallied by more than 20% in the last 3 months which helped the stock to breakout from 29-month consolidation on the monthly charts. Short-term traders can look to buy the stock now for a target of 1700 levels in the next few months, suggest experts. … Read more
Indus Towers Ltd, part of the telecom industry, rallied more than 30% to break out from a falling trendline resistance on the weekly charts and the momentum could take the stock to a fresh 52-week high. Short-term traders can look to buy the stock on dips for a possible target of Rs 285 in the … Read more
