Amara Raja Batteries - Chart is Worth A Glance
Amara Raja has fallen over 12% in the past few sessions. It has also underperformed in the last three years due to the pandemic and increasing raw material costs.
http://www.eqtm.in/g9QFf
Amara Raja has fallen over 12% in the past few sessions. It has also underperformed in the last three years due to the pandemic and increasing raw material costs.
http://www.eqtm.in/g9QFf
Equitymaster
Why Amara Raja Batteries Share Price is Falling
Amara Raja has fallen over 12% in the past few sessions. It has also underperformed in the last three years due to the pandemic and increasing raw material costs.
👍18
Indian markets trade in the narrow range ahead of the last expiry of the year; Nifty ends at 18,122 losing 0.05%.
The major hurdle for bulls will be 18,200 on Nifty for the bullish momentum to prolong towards the new highs.
Bank Nifty managed to break out of bullish head & shoulder on the lower timeframe chart; a sustainable move above 43,000 will be the key for bulls.
Brijesh Bhatia,
Research Analyst, Fast Profits Report
The major hurdle for bulls will be 18,200 on Nifty for the bullish momentum to prolong towards the new highs.
Bank Nifty managed to break out of bullish head & shoulder on the lower timeframe chart; a sustainable move above 43,000 will be the key for bulls.
Brijesh Bhatia,
Research Analyst, Fast Profits Report
👍34❤3👎1
The Wall-Street bleed red as the year is ending. Nasdaq bears are on the top till the last few breathe of the year indicating an underperformance of IT index may prolong in 2023.
SGX Nifty is indicating the negative opening of 80 points at 18,158 as US closed negative over a percent.
As we step on the last F&O expiry of the year, the range of 18,000-18,200 may be on cards.
The support for Nifty is held at 17,976 while major resistance is placed at 18,180-18,200.
#PreMarket
#SGXNifty
SGX Nifty is indicating the negative opening of 80 points at 18,158 as US closed negative over a percent.
As we step on the last F&O expiry of the year, the range of 18,000-18,200 may be on cards.
The support for Nifty is held at 17,976 while major resistance is placed at 18,180-18,200.
#PreMarket
#SGXNifty
👍26❤4👎1
Fast Profits Daily - Can Pharma Stocks Rally on Covid Cases?
Should you buy into the pharma stock rally in the stock market? Find out...
http://www.eqtm.in/Hz6p2
Should you buy into the pharma stock rally in the stock market? Find out...
http://www.eqtm.in/Hz6p2
👍7
Welcome to the last trading day of the 2022. I hope this year was the profitable one for you.
The short-covering rally on the expiry day witness the breakout on charts; Nifty breaks 18,200 while BankNifty breaks 43,000. The Wall-Street too witness short-covering rally in IT stocks as Nasdaq gains over 2%.
SGX Nifty indicates the positive opening of over 60 points.
IT stocks may witness the bullish momentum in today,s session as Nasdaq rally.
Banking stocks too can be in focus as it breaks the hurdle of 43,000 levels all eyes on 44,000+ levels.
#PreMarket
#SGXNifty
The short-covering rally on the expiry day witness the breakout on charts; Nifty breaks 18,200 while BankNifty breaks 43,000. The Wall-Street too witness short-covering rally in IT stocks as Nasdaq gains over 2%.
SGX Nifty indicates the positive opening of over 60 points.
IT stocks may witness the bullish momentum in today,s session as Nasdaq rally.
Banking stocks too can be in focus as it breaks the hurdle of 43,000 levels all eyes on 44,000+ levels.
#PreMarket
#SGXNifty
👍36❤4👎1
Forwarded from Equitymaster
The Investor Hour in 2022...
In 2022, I hosted some of India's most successful stock pickers on my podcast. I got a chance to dig deep into their journeys, each of which were fascinating... and discuss how they pick stocks and build successful portfolios. Sharing the most liked episodes...
At the top of the list is Vijay Kedia, arguably one of the most successful investors in India today. We discussed how he picks stocks, why he bets big on them and his journey so far. - https://youtu.be/lYlCkXl-RIY
Not surprisingly, next was Saurabh Mukherjea, arguably one of India’s best known money managers. In this fascinating episode Saurabh revealed details of his biggest investment calls to-date. We also talked about life, family and fraud. - https://youtu.be/rClF-juJX9Q
Next favourite was my chat with Ramesh Damani, arguably one of India's most successful investors. We talked a bunch, including which sector could lead the next stock market rally. - https://youtu.be/IUILIK74fxY
It was a delight talking to Samit Vartak the next most watched episode. If you want to get better at picking stocks...and get a super understanding of where India is headed, then this is a must watch - https://youtu.be/yQp7dT6pKyw
Then was the Investor Hour with S Naren. It's a master class on how to pick the right stocks. If you want to get better at picking stocks, you just cannot miss this - https://youtu.be/fLk-ALujM88
Another popular episode was my talk with Ridham Desai of Morgan Stanley. Ridham's journey and his views on big market moves are unmissable. We also talked about long term investing and why he is bullish on India. - https://youtu.be/HeXkYpTIce4
In an episode which focused on india, rather than investing, I talked to Manish Sabharwal. Manish made the case that the next 25 yrs could be India's moment. All we need to do is follow through with a 5 point plan. - https://youtu.be/KrenW7TU6TQ
Kenneth Andrade's take on building a solid stock portfolio was another popular investor hour episode. - https://youtu.be/3zXRhDMrElI
In all, we recorded 25 episodes of the Investor Hour since June 2022. That's just under one a week. Not bad!
A big thank you to the team Equitymaster, HT Smartcast and LiveMint for making this possible.
I hope you enjoyed the learning journey so far. Do share your feedback.
I will be recording the first episode of 2023 shortly. Look forward to that. Happy investing!
In 2022, I hosted some of India's most successful stock pickers on my podcast. I got a chance to dig deep into their journeys, each of which were fascinating... and discuss how they pick stocks and build successful portfolios. Sharing the most liked episodes...
At the top of the list is Vijay Kedia, arguably one of the most successful investors in India today. We discussed how he picks stocks, why he bets big on them and his journey so far. - https://youtu.be/lYlCkXl-RIY
Not surprisingly, next was Saurabh Mukherjea, arguably one of India’s best known money managers. In this fascinating episode Saurabh revealed details of his biggest investment calls to-date. We also talked about life, family and fraud. - https://youtu.be/rClF-juJX9Q
Next favourite was my chat with Ramesh Damani, arguably one of India's most successful investors. We talked a bunch, including which sector could lead the next stock market rally. - https://youtu.be/IUILIK74fxY
It was a delight talking to Samit Vartak the next most watched episode. If you want to get better at picking stocks...and get a super understanding of where India is headed, then this is a must watch - https://youtu.be/yQp7dT6pKyw
Then was the Investor Hour with S Naren. It's a master class on how to pick the right stocks. If you want to get better at picking stocks, you just cannot miss this - https://youtu.be/fLk-ALujM88
Another popular episode was my talk with Ridham Desai of Morgan Stanley. Ridham's journey and his views on big market moves are unmissable. We also talked about long term investing and why he is bullish on India. - https://youtu.be/HeXkYpTIce4
In an episode which focused on india, rather than investing, I talked to Manish Sabharwal. Manish made the case that the next 25 yrs could be India's moment. All we need to do is follow through with a 5 point plan. - https://youtu.be/KrenW7TU6TQ
Kenneth Andrade's take on building a solid stock portfolio was another popular investor hour episode. - https://youtu.be/3zXRhDMrElI
In all, we recorded 25 episodes of the Investor Hour since June 2022. That's just under one a week. Not bad!
A big thank you to the team Equitymaster, HT Smartcast and LiveMint for making this possible.
I hope you enjoyed the learning journey so far. Do share your feedback.
I will be recording the first episode of 2023 shortly. Look forward to that. Happy investing!
👍24❤14
A Twitter Thread on Investing using Technical Analysis.
#RatioChart
#SectorRotation
https://twitter.com/Equitymaster/status/1609070646318989318?t=h-yqph6lDWaXBxBYYhgdeA&s=19
#RatioChart
#SectorRotation
https://twitter.com/Equitymaster/status/1609070646318989318?t=h-yqph6lDWaXBxBYYhgdeA&s=19
Twitter
Why is investing in an outperforming sector important? And how can you do it using #TechnicalAnalysis?
Our chartist, Brijesh Bhatia (@bbrijesh) explains the tool to invest using Technical Analysis
Our chartist, Brijesh Bhatia (@bbrijesh) explains the tool to invest using Technical Analysis
👍11❤3👎1
Happy New Year 🎉
Indian indices ended 2022 with gains of 4% on Nifty and Sensex while the US markets ended in red with the loss of 9%.
Sensex gains for straight seven years and this is only the second time in the history of Sensex that the index has closed in green for seven straight years. The first time was from 1988 to 1994.
SGX Nifty is indicating negative opening. The range of 17,900-18,250 will be important to watch this week; the either side breakout will be trend decider for the January F&O series.
Banks, Energy and Metals may be on the bulls watchlist this week.
#PreMarket
#SGXNifty
#KeepItSimple
Indian indices ended 2022 with gains of 4% on Nifty and Sensex while the US markets ended in red with the loss of 9%.
Sensex gains for straight seven years and this is only the second time in the history of Sensex that the index has closed in green for seven straight years. The first time was from 1988 to 1994.
SGX Nifty is indicating negative opening. The range of 17,900-18,250 will be important to watch this week; the either side breakout will be trend decider for the January F&O series.
Banks, Energy and Metals may be on the bulls watchlist this week.
#PreMarket
#SGXNifty
#KeepItSimple
👍23❤3👎1
Metals are Breaking Out @ New ATH
Metal stocks ended 2022 near the highs and the momentum prolongs on the first day of 2023.
The metals index hit a new all-time high of 6,840 and continuing its bullish momentum.
Index is breaking out of the falling trendline indicating the index is headed higher towards the 7,000 leagues.
(CMP-6830)
#MetalStocks
#KeepItSimple
Metal stocks ended 2022 near the highs and the momentum prolongs on the first day of 2023.
The metals index hit a new all-time high of 6,840 and continuing its bullish momentum.
Index is breaking out of the falling trendline indicating the index is headed higher towards the 7,000 leagues.
(CMP-6830)
#MetalStocks
#KeepItSimple
👍35❤5👏2👎1
It was bulls on the first day of the new year; Nifty ends at 18,197 gaining 0.51%.
Metals lead the day hitting the new all-time high of 6,907. The breakout signals momentum above 7,000 levels. Chart here
The bulls need to surpass 18,300 on Nifty and 43,500 on Bank Nifty to prolong the bullish momentum towards an all-time high.
The short-covering on the IT sector can be on cards if the Nifty surpasses 18,300.
Brijesh Bhatia,
Research Analyst – Fast Profits Report
Metals lead the day hitting the new all-time high of 6,907. The breakout signals momentum above 7,000 levels. Chart here
The bulls need to surpass 18,300 on Nifty and 43,500 on Bank Nifty to prolong the bullish momentum towards an all-time high.
The short-covering on the IT sector can be on cards if the Nifty surpasses 18,300.
Brijesh Bhatia,
Research Analyst – Fast Profits Report
👍32❤5👎1
BankNifty - Breakout ABOVE 43534
On the hourly chart of BankNifty, the inverted head and shoulders pattern is visible indicating the banks can lead the markets higher.
The breakout of the neckline at 43,534 is on cards as per the pattern.
The difference from head to the neckline is ~1,900 points and if added to the breakout level, the targets are above the all-time high of 44,151.
(CMP-43,425)
Can BankNifty hit new All-Time High?
👍🏻 Yes
👎🏻 No
❤️ Not Sure
On the hourly chart of BankNifty, the inverted head and shoulders pattern is visible indicating the banks can lead the markets higher.
The breakout of the neckline at 43,534 is on cards as per the pattern.
The difference from head to the neckline is ~1,900 points and if added to the breakout level, the targets are above the all-time high of 44,151.
(CMP-43,425)
Can BankNifty hit new All-Time High?
👍🏻 Yes
👎🏻 No
❤️ Not Sure
👍166❤24👎19
Indian markets end in green for a straight second day; Nifty ends at 18,232 gaining 0.19%.
The hurdle of 50DMA and bearish dark-cloud cover candlestick pattern at 18,287 and 18,265 respectively will be make-or-break for bulls. The bullish momentum can be expected only on a breach of 18,300.
On BankNifty, the bullish head and shoulders pattern is visible on the hourly chart. The break of 43,534 will confirm the pattern of the ~1,900 points target. Chart here
Brijesh Bhatia,
Research Analyst, Fast Profits Report
The hurdle of 50DMA and bearish dark-cloud cover candlestick pattern at 18,287 and 18,265 respectively will be make-or-break for bulls. The bullish momentum can be expected only on a breach of 18,300.
On BankNifty, the bullish head and shoulders pattern is visible on the hourly chart. The break of 43,534 will confirm the pattern of the ~1,900 points target. Chart here
Brijesh Bhatia,
Research Analyst, Fast Profits Report
👍27❤4👎2
US market closed in red on the first day of the year; Tesla and Apple were the spoiler on Wallstreet.
Nifty and BankNifty ended at the crucial resistance mark of 18,300 and 43,534 respectively.
SGX Nifty indicates the negative opening of ~50 points.
Cement stocks can be the sector to look out for the momentum play as most of the cement stocks have formed triple inside bar pattern.
#SGXNifty
#PreMarket
Nifty and BankNifty ended at the crucial resistance mark of 18,300 and 43,534 respectively.
SGX Nifty indicates the negative opening of ~50 points.
Cement stocks can be the sector to look out for the momentum play as most of the cement stocks have formed triple inside bar pattern.
#SGXNifty
#PreMarket
👍23❤2👎2
A thread on Financial shenanigans and how can you avoid #WealthDistruction stocks by my colleague Tanushree.
https://twitter.com/Equitymaster/status/1610506106727698433?s=20&t=NirfHABWRz8AZDJcmqe_uQ
https://twitter.com/Equitymaster/status/1610506106727698433?s=20&t=NirfHABWRz8AZDJcmqe_uQ
Twitter
Unreliable company financials have led to some of the worst cases of stock market wealth destruction. In this thread…our Co-head Research Tanushree Banerjee explains methods to identify "financial shenanigans". #SafeStocks #wealthdestruction
👎7👍3
The D-street bleed red as all the benchmark and sectorial indices ended on a negative note ahead of Fed minutes; Nifty ended at 18,042 losing 1.04%.
The falling three-candlestick pattern is followed by a dark-cloud cover on the daily charts of Nifty indicating the bears are in control of the trend. The bulls can be in the game on the break of 18,300.
The bullish or inverted head & shoulders pattern on BankNifty failed to take out the stop-loss of the chart posted in the morning.
On weekly expiry, 17,968 will act as crucial support for Nifty while resistance is placed at the 18,140-18,200 zone.
Brijesh Bhatia,
Research Analyst, Fast Profits Report
The falling three-candlestick pattern is followed by a dark-cloud cover on the daily charts of Nifty indicating the bears are in control of the trend. The bulls can be in the game on the break of 18,300.
The bullish or inverted head & shoulders pattern on BankNifty failed to take out the stop-loss of the chart posted in the morning.
On weekly expiry, 17,968 will act as crucial support for Nifty while resistance is placed at the 18,140-18,200 zone.
Brijesh Bhatia,
Research Analyst, Fast Profits Report
❤18👍9👎1
Indian markets bleed ahead of weekly expiry while European markets gains the most with over 2% gains. US markets ends marginally in green as Fed minutes intent to control inflation and target 2% will be priority.
SGX Nifty is indicating a positive opening of ~50 points at 18,160.
The major hurdle for day traders will be 18,140-18,200 on Nifty (spot) while the 18,300 will be the medium-term hurdle for bulls. On downside, bulls need to protect 17,878 on closing basis for ongoing trend.
Banks are losing their plot to bears as profit bookings and breakout failure lead to break of psychological level of 43,000. The breach of 42,763 may mark an end to bullish setup on the index.
Expiry range on Nifty is 17,976-18,213 and 42,678-43,145 on BankNifty.
#PreMarket
#SGXNifty
SGX Nifty is indicating a positive opening of ~50 points at 18,160.
The major hurdle for day traders will be 18,140-18,200 on Nifty (spot) while the 18,300 will be the medium-term hurdle for bulls. On downside, bulls need to protect 17,878 on closing basis for ongoing trend.
Banks are losing their plot to bears as profit bookings and breakout failure lead to break of psychological level of 43,000. The breach of 42,763 may mark an end to bullish setup on the index.
Expiry range on Nifty is 17,976-18,213 and 42,678-43,145 on BankNifty.
#PreMarket
#SGXNifty
👍40❤3👎2
Fast Profits Daily - Gold and Silver Outlook for 2023
How will gold and silver prices move in 2023? Find out...
http://www.eqtm.in/Bz75S
How will gold and silver prices move in 2023? Find out...
http://www.eqtm.in/Bz75S
👍9