[Premium] India Q3 2019 Playbook (Part 2)

JC Parets
July 9, 2019

Today we're updating our outlook for global markets and providing ideas to profit in the second half of 2019.

Part 1 of this playbook will provide our perspective on all four asset classes and update our views on the major themes within India that we're paying attention to.

Part 2 of this playbook will consist of our top individual stock trade ideas.

Long Setups:

Long Shree Cement if above 20,300, with a 24,700 target.

Long Oberoi Realty Ltd. on a breakout above 610, with an upside target of 770.

Long Procter & Gamble Hygiene & Health Care if above 11,200, with an upside target of 14,790.

Long V-Guard Industries on a breakout above 255, with a 313 target.

Long Torrent Power if above 305, with a 393 target.

Long Timken India Ltd. if above 645, with a 1,000 target.

Long Inox Leisure Ltd. if above 309, with a 383 target.

Long IPCA Laboratories if above 890, with a 1,215 target.

Short Setups:

Short Amara Raja Batteries if prices are below 675, with a 538 target.

Short Madras Rubber Factory if prices are below 57,000, with a 46,500 target.

Short Apollo Tyres if prices are below 205, with a 130 target.

Short Gujarat State Fertilizer on a break below 87, with a target near 68.

Short JSW Steel on a break below 256, with a 213 target.

Short Piramal Enterprise if below 2,100, with a 1,400 target

Short strength in Page Industries Ltd. towards 21,400, with a 16,950 target.

Be sure to read part 1 of this playbook as well!

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

Allstarcharts Team

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