[Premium] Low Risk Long Entries

JC Parets
April 15, 2019

Most of the stocks we've liked on the long side have either been stopped out or are well on their way to our upside objectives. While we're remaining patient and think many stocks still need to consolidate their recent gains, that doesn't mean there aren't any opportunities right now.

In this post I'm going to outline the stocks where our risk is very well-defined and reward/risk is skewed in our favor. That way we can participate in any potential upside if the market continues higher, while also limiting our downside should it succumb to the near-term weakness we've been on watch for.

Long Aditya Birla Fashion if above 225, with a 285 target.

Click on chart to enlarge view.

Long Adani Ports & Special Zone Ltd. if above 375 and target 452.

Long Astral Poly Tech if above 1,185, with a 1,420 target.

Long Balrampur Chini Mills if above 129, with a 175 target.

Long Housing Development Finance Co. if above 2,040, with a 2,300 target.

Long Heidelberg Cement if above 173, with a 204 target.

Long Hero Motocrop. if above 2,575, with a 2,855 target.

Long Hindustan Unilever if above 1,665, with a 2,215 target.

Long Interglobe Aviation Ltd. if above 1,360, with a 1,825 target.

Long IPCA Laboratories if above 905, with a 1,215 target.

Long Mahanagar Gas if above 985, with a 1,285 target.

Long TV Today Network if above 313, with a 355 target.

Long UPL Ltd. if above 900, with a 1,125 target.

We'll discuss more themes and trade ideas during this week's Members-Only Conference Call, but for now these look like the most actionable setups across the Nifty 500.

Thanks for reading and please let us know if you have any questions.

Allstarcharts Team

Filed Under: