Super Performance Trading & Wealth Creation
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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
Index levels
βœ”οΈNifty cmp 18118
Support 18069-18015
Resistance 18196-18259
βœ”οΈBank Nifty cmp 42821
Support 42690-42525
Resistance 43090-43180
Budget trade:
Bank Nifty 43500ce Feb looks good to add on dips till 245-214.Sl as per risk
Super Performance Trading & Wealth Creation
Maruti nearing resistance breakout,once again on radar for swing trading bet with small risk
#Maruti rocking 8490 to 8830++till now.Strong show despite the carnage in market.Booking part profits here,rest trailing for fibo target as plotted in chart❀️🎯πŸ”₯πŸš€
Super Performance Trading & Wealth Creation
Nifty is still facing supply at 21 EMA as told last week. It's still in that contracting range just like previous two occasions.Upmove possible once closes above the average and the trendline
Nifty couldn't breakout of the triangle as shown in previous chart despite closing above 21 EMA,now this how chart is currently poised. Trading in 17750-18250 range since December,if breaks then 400-500 points move possible. Support 17325 on gap filling and resistance 18690
Super Performance Trading & Wealth Creation
Entry on at 245βœ”οΈβœ”οΈ
Exited 43500ce at 190 as 41500 support broke with gap at opening.Shifted to 42500ce now