Market Decoder
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STOCK MARKET| #NCFM _CERTIFIED_TECHNICAL ANALYST


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27300 retesting area for Nifty IT, If sustains IT stocks can boom .
Market Decoder
ISUZU in the verge of Descending Trendline ,Positional View .
ISUZU given at 693 now Trading at 857 . Long way to go.😊
BEL if it falls, 85 to 75 is accumulation zone. Target is 2x and 3x
IDFC
HCL may double cmg years, view invalid SL 869 weekly
Vindhya Telelink
Bank Nifty if sustains above 40250 ,the 41350 is first Target
Nifty 17563 is resistance for Today
*Happy Diwali 2022🪔*

*Samvat 2079 Muhrat Pick🪔*

*#CAMS*

*•Technical Price Action*

🔰Current Market Price: 2635
🔰Weakness below: 2380 (On Closing Basis)
🔰Targets: 3000, 3200, 3500

*•Key Highlights*

🔰CAMS is India's largest registrar and transfer agent (RTA) to mutual funds (MFs) and enjoys 70 percent market share of the country's RTA industry.

🔰The company has also started serving solutions for alternative investment funds (AIFs) and portfolio management services (PMS) and in a short period of time (from April 2021) has cornered a 50 percent share of the AIF/PMS market.

🔰With revenue and PAT (profit after tax) CAGR of 13 and 14 percent each, CAMS is trading at forwarding PER (price-earnings ratio) (x) of 28.6 and we value it with 35(x) to ‘buy'

*#Britannia*

*•Technical Price Action*

🔰Current Market Price: 3792
🔰Weakness below: 3500 (On Closing Basis)
🔰Targets: 4500/5000/5600

*•Key Highlights*

🔰 Nifty FMCG is in a Rising Channel on Higher Timeframe. The Outlook on the Sector is Bullish as it has Shown a Bounce From the Decade Long Supportive Trendline.

🔰 The Index is currently qt 44300 Levels and can head towards the 47000 Mark in Coming Weeks ahead.

🔰 FMCG Stocks can head towards the Next Leg of Rally with Britannia as a Consistent and Strong Outperformer.

*#Zomato*

*•Technical Price Action*

🔰Current Market Price: 61.80
🔰Weakness below: 57 (On Closing Basis)
🔰Targets: 70,80,90,100, 115,135,150

*•Key Highlights*

🔰FIIs and DIIs have almost doubled their holdings in Quarter 2.
🔰Diwali is a festival of happiness and people do exchange a lot of sweets and also visit each other's house. Now Zomato shall play a major role in the delivery of sweets and food.
🔰Zomato has a goldmine of data. It exactly know what people living in a specific area order the most and what price they are willing to pay. If it is able to place its cloud kitchen outlets accordingly, there could be a major revolution in the food industry.
Nifty -17610 is daily Support now
Gujarat gas given at 403 level ,now gng towards 534 and 577.😊
Hi All Good Morning 🙏,
If Anyone wants to try Option buying in Bot , can try a new Scalping feature. Small option buyers can try this.
Scalper_Performance.pdf
129.6 KB
Here is the last month report
Interested people can ping me
There is a demo today evening for the scalping technique. Pls let me know if anyone is interested.
Evening 7 pm demo ll be there, interested people can join .👍
BOT charges, u can directly pay to the BOT developer. Charges 1800 (1500 for BOT and 300 for the Live data).