In announcing the Gems , we have tried to create a balanced portfolio of stable and aggressive stocks.
Kotak could be just at the bottom while Seamec and Jocil may come out of range play.
Gujarat Pipavav for post-pandemic economic revival and Power Finance Corporation in Power Sector
Keep hooked for the next release next week
Gem 1
Kotak Mahindra Bank Ltd
Weekly Chart CMP 1723.00
If you notice, It is has bottomed.
A Weekly Open tomorrow above 1750 is not time to keep watching.
The stock did a Lower Low 1694.15 on 23July20 versus earlier Lower Low 1698.45 of 30 June and closed above the previous day’s high candle indicating markets support at those levels of 1694-1698.
In the medium term, touching 1999 is a swift possibility, and they’re on to 2428 by Oct21 where it will be time to decide if compounding for the long term can be done.
Gem 2
Seamec Ltd
Daily Chart CMP 501.10
We may see Buy 490-500 range.
Immediate Rise Levels
537 / 590 / 623 over the next 1-2 months
In intraday, the Buy was triggered on 23July21 above 480 as per Nimblr Process.
It may further lead to Range Breakout too.
Gem 3
Power Finance Corporation Limited
Monthly Chart CMP 128.45
Stock Retested April High 118.95 and is now geared to touch 160 by Aug-Sept21 and thereafter review for higher targets.
Short Term Positional Traders SL 117.00
Long Term outlook may change dramatically in favor in the near term for the stock.
Gem 4
Gujarat Pipavav Port Ltd
Monthly Chart CMP 106.15
It is Investment time in this stock.
Best Buy 100-103 range
Short Run up till 148 3-4 month.
It’s a Strategic Port that would gain immensely in the economic revival next 1-2 years if the end of pandemic is nearing.
Gem 5
Jocil Ltd
Monthly Chart CMP 233.30
You can Expect 350 next 2-3 months.
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