Exclusive: 5paisa 5 Trading Strategies for August 30

Last Updated: Dec 16, 2022 - 05:51 am 54k Views

5paisa 5 Trading Strategies for August 30

Action	Stock	CMP	SL	TARGET 1	TARGET 2	REASONS
BUY	ALKYLAMINE	4236	4100	4500		1) Renewed buying strength seen 2) Company is delivering impressive profitability
BUY	SRF	9423	9100	9750	10300	1) Upmove supported by high volume 2) Stock is entering into a new territory
BUY	NAVINFLUOR	3830	3600	4300		1) 3960 is a short-term resistance, but we expect the stock to break it eventually
BUY	RAMCOCEM	986	950	1060		1) This is a contra (contrarian) trade 2) Stock has made a triple bottom pattern on chart
BUY	ABB	1850	1780	2070		1) Volumes are strong 2) Stock seem ready for next upmove

Note: The ideas are provided by an independent SEBI registered research analyst. The holding period for each stock could be between 7-10 days for each idea.

Share Market Today

Indices Name	Price	Price Change (% change)
S&P ASX 200	7050.70	25.3 (0.36%)
CAC 40	7135.06	18.82 (0.26%)
DAX	15386.58	63.08 (0.41%)
Dow Jones	33507.50	-158.84 (-0.47%)
FTSE 100	7608.08	6.23 (0.08%)
Hang Seng	17822.58	458.27 (2.64%)
US Tech 100	13224.32	18.04 (0.14%)
Nikkei 225	31857.62	-14.9 (-0.05%)
S&P 500	4288.05	-11.65 (-0.27%)
Gift Nifty	19613.50	-43.5 (-0.22%)
Shanghai Composite	3110.48	3.16 (0.1%)
Taiwan Weighted	16353.74	43.38 (0.27%)
US 30	33537.50	-169.8 (-0.5%)

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