Can I now buy Samvardhana Motherson International for the long term? What is the prospects?
Sophia, Kochi
Samvardhana Motherson International (£ 118.10): The share has been in a downward trend since October last year. The downward trend is still intact. There is room for further autumn up to £ 100-90 and an important long-term support zone. A fall beyond £ 90 is less likely. So after this fall a fresh series of rally is possible. This new Upmove from the £ 100-90 support zone can get a boost on the next increase above £ 150.
That in turn can take the stock up to £ 250 in the coming years. Buy Samvardhana Motherson International on Dips at £ 105 and £ 95. In the first instance, keep the Stop-Loss at £ 75. Trail the Stop-Loss up to £ 120 if the price lasts to £ 160. Move the stop-loss to £ 190 when the stock price £ 220 hit. Leave the shares at £ 250.
I bought Arrow Greentech shares at £ 678. Can I keep holding? What is the prospects?
Chabra, Goregaon
Arrow Greentech (£ 589): The shares peaked at £ 1,098 in November last year and dropped sharply from there. This fall is a correction within the wider upward trend. There is strong support in the £ 480-470 region that can stop the fall. A new increase in this support zone will indicate the resumption of the wider upward trend. Subsequently, it can take the stock price of Arrow Greentech up to £ 1,100 in the coming three -quarters of quarters.
Buy more and accumulate at £ 490. Keep the stop-loss at £ 420. Resteek the stop-loss to £ 630 when the price rose to £ 720. Move the stop loss to £ 860 when the share price touches £ 980. Leave the shares at £ 1,050. A break under £ 470, can drag the stock to £ 350-300. So stick to the stop-loss and leave at £ 420.
I bought Wockhardt shares at £ 1,290. What is the prospects?
PRADEEP, PATNA
Wockhardt (£ 1,319.30): The shares oscillate within a wide range of £ 1,100-1.700 since November last year. This price movement on the weekly graph indicates the danger of a double formation pattern formation. So you may have to be very careful. The level of £ 1,050 is very crucial. A break below will confirm this pattern. Then it drags the shares to £ 950 or even £ 800 afterwards.
The share must break £ 1,700 to regain the Bullish Momentum. Only £ 2,100 and higher levels will be shown. The prospects are not very clear now. You can consider two options. One, leaves the shares at the current level with a small profit. The second option is to keep the stop-loss at £ 1,020 and to close at £ 1,650 if a further increase is seen.
What are the prospects for jubilating foodworks?
Mangesh Sri
Jubilant Foodworks (£ 685): The long -term prospect is bullish. Cluster of Supports are there in the £ 580-500 region. As long as the share remains above this support zone, an increase to £ 880 is possible in the coming months. From a multi-year perspective, Jubilant FoodWorks share rate can focus on £ 1,200-1,300. This rally can take place in the next two-three year.
If you are a long -term investor, buy jubilating shares of foodworks now. Gather on Dips at £ 590 and £ 540. Keep the stop-loss at £ 390. Trail the stop-loss up to £ 740 as soon as the stock goes to £ 880. Move the stop-loss to £ 920 and £ 1,050 when the price or 1,030 and £ 1,110 strikes. Leave the shares at £ 1,250. This display goes wrong if the share of £ 500 breaks and then falls under £ 440.
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Published on April 12, 2025
