[Premium] Q4 Playbook (Part 3/3)

January 6, 2020

As we head into 2020, we start from scratch with our Q4 playbook and outline our thoughts on every asset class and our plan to profit in the quarter (and year) ahead.

Part 1 of this playbook will cover our macro view, touching on Equities, Commodities, Currencies, and Rates.

Part 2 of this playbook will delve deeper into Indian Equities, going sector by sector to identify the trends that matter.

Part 3 of this playbook will outline the individual stocks we want to be buying and selling within the context of today's environment.

In this post we're gonna keep it simple...outlining 20 individual stock ideas for the first quarter of 2020.

Apollo Hospitals is a long if prices are above 1,510, with an 1,870 target.

Click on chart to enlarge view.

Any pullback towards 2,400 in Astrazeneca Pharma India Ltd. should be seen as a buying opportunity as our long-term target is up near 3,500.

Bata India Ltd. should be bought on a breakout above 1,810, with a target near 2,500.

If Blue Star can get above 825, we want to be long with a target near 1,020.

Any move above 1,625 in Dr. Lal Pathlabs would signal the continuation of its long-term uptrend and define our risk, with a 2,180 target.

Gujarat Gas Ltd. is a buy if prices are above 240, with a target near 320.

Gujarat State Petroleum is breaking out. As long as prices are above 225, we can be long with a 275 target.

ICICI Prudential Life Insurance could use some consolidation, but a move above 510 would signal the continuation of its long-term uptrend. Above 510, we can be long with a 650 target.

Inox Leisure Ltd. is attempting a breakout. A close above 385 would signal the continuation of its long-term uptrend and target 500.

Any weakness towards 400 in J.B. Chemicals & Pharmaceuticals should be bought, with a 505 target.

J.K. Cement Ltd. just broke out. As long as prices are above 1,195, we can be long with a 1,530 target.

Phoenix Mills needs to consolidate a bit, but a breakout above 855 can be bought with a target near 1,070.

A breakout above 1,425 in Pidilite Industries would signal the continuation of its long-term uptrend and target 1,590.

Shree Cement is breaking out. As long as prices are above 20,300, we can be long with a 24,700 target.

Any weakness towards 355 in Deepak Nitrite Ltd. should be bought, with a 450 target.

Central Depository Services Ltd. has built a nice base. A decisive break above 250 would confirm this trend reversal and target 370 long-term.

As long as prices are above 80, we can remain long this long-term trend reversal and target 210.

NLC India Ltd. may have bottomed here. As long as prices are above 52.50, we can be long with a target near 80. Price and momentum improvements suggest the reward/risk is skewed in the favor of the bulls here.

Interglobe Aviation Ltd. could squeeze its way higher if prices get back above 1,400. This would confirm a failed breakdown and bullish divergence, targeting 1,825 on the upside.

IndoStar Capital Finance Ltd. recently confirmed a failed breakdown and bullish momentum divergence. As long as prices are above 180, the bias is higher towards 270. Any weakness should be bought.

Bonus Chart: I know I said 20, but Info Edge is 21 in case we start to get rotation back into IT stocks. This has held up best during the "tech wreck" and would confirm the continuation of its own uptrend by closing above 2,750. Above that, our target is 3,775.