Super Performance Trading & Wealth Creation
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Super Performance Trading & Wealth Creation
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Mind boggling volume in last 2 days.Huge buying by big hands,look at the chartπŸ˜ƒ
Penny lovers:
Steel Exchange looks good at 15-14 zone.Stop 12.90
Paint segment leader feeling the pressure despite lower Crude prices in last quarter.Told much in advance about the concernsπŸ‘€πŸ‘€
#AnalysisThatMatters
Super Performance Trading & Wealth Creation
Prakash Ind cmp 63 looks good on price volume breakout,support 60-57
#Prakash Ind 63 to 71++ now up 14%.Strong move in falling market.Lot more to comeπŸŽ―πŸŽ―πŸš€πŸš€
IMFA price volume rectanglar breakout from triple bottom formation,support 295-279.Huge delivery qty
πŸ“ŒPE 4(industry PE 12)
πŸ“ŒBV 338
Super Performance Trading & Wealth Creation
SAL Steel price volume breakout from classical rectangular pattern,support 18-16
#SAL Steel again locked in UC in weak market conditions,already15%++ till now. Closed at new 52 week highπŸ’₯πŸ’₯πŸš€πŸš€
US market broader index overall outlook
#Spx
Super Performance Trading & Wealth Creation
Micro cap stock in focus: #Shradha Infraprojects Ltd CMP 53.90 πŸ“ŒMarket Cap 55 cr πŸ“ŒCompany available at book value 57, debt free πŸ“ŒHaving cash reserves of 51 cr πŸ“ŒHuge Order Received worth 220 cr
Important corporate action:
πŸ“Œ#Shradha Infraprojects Ltd has today gone split adjusted in 2:1 ratio.So our buying price will be 53/2= 26.50 per share
πŸ“ŒCompany has also given 2 rupees per share dividend
Super Performance Trading & Wealth Creation
Micro cap stock in focus: #Shradha Infraprojects Ltd CMP 53.90 πŸ“ŒMarket Cap 55 cr πŸ“ŒCompany available at book value 57, debt free πŸ“ŒHaving cash reserves of 51 cr πŸ“ŒHuge Order Received worth 220 cr
Micro cap stock pick:
#Shradha Infraprojects Ltd shared on 9th September at 26.50(post split) has now doubled to hit 54,new ATH. Wow it's another DOUBLER from our side. Congratulations to all investorsπŸ’–πŸŽ―πŸ’₯πŸš€
#AnalysisThatMatters
Index levels
βœ”οΈ
Nifty cmp 18027
Support 18015-17936
Resistance 18105-18151
βœ”οΈBank Nifty cmp 42506
Support 42375-42250
Resistance 42710-43140
Super Performance Trading & Wealth Creation
One more micro cap stock studying this weekend. Once done will share detailsβœ”οΈβœ”οΈ
Micro cap stock in focus:
#GPT Infraprojects Ltd
CMP 59, Technical support 51-45 to add on dips

πŸ“ŒMarket Cap 345 cr
πŸ“ŒCompany is in Railway infrastructure
πŸ“ŒHaving Order book of more than 1500 cr
πŸ“ŒHuge new Order Received worth 609 cr in last one month

Only caution is debt is a bit high.Please study and do own due diligence