30th April 2021 Hot Stocks and Stocks To Watch

Last close: 314

AMBUJACEM reported strong earnings on yesterday post market hours

The company reported sharply higher standalone profit at Rs 664 crore Vs Rs 399 crore in Q4Fy20

Revenue spiked to Rs 3621 crore from Rs 2827 crore YoY

Stock if sustained above 315 will try to move next resistance 324 and 330

Above 330…… We see more strength!!

But…..Note this point : ACC was declared strong earnings on last week and stock opened gap up (Rs 100+) then slipped (more than Rs 150) and closed 3% down

Steel stocks looks very hot after China cut the tax

Tatasteel, Jswsteel, Sail and JSPL already moved more than 40-50% in last 2 months

Avoid fresh buying and better to wait some correction!!

Last close: 519.40

SUNTV spiked more than 3% on yesterday and climbed 10% from past 4 sessions

Exit polls came and all predictors assumed DMK will get power in TN

Major beneficiary stock SUNTV……….

Do you know ? Last week I tweet and recommended to my clients to buy around 480 for positional Target 550+

Today’s guess stock

Stock trading strong breakout at 550

If breaks and manages above the level

Expecting further rally

Which stock ? Guess

Updated: 08.31 am / 30th April 2021