Above Stocks
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Above Stocks is an Indian stock market update group. We provide our recommendations for educational purposes only. Consult ur financial advisor before performing any trades.
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Just added new short position

Sold nifty 22000 CE (13 June) @ 951

Reason : Hedge my portfolio for sudden downward movements.
India Vix @ 21.80
At 23 months high....
BANKNIFTY PCR RATIO IS 0.61 OVERSOLD BIG REVERSAL POSSIBLE
the movement started....
zoop, and it fall in our favour
Only five stocks β€” ICICI Bank Ltd, Mahindra & Mahindra Ltd, State Bank of India, Reliance Industries Ltd, and Bharti Airtel Ltdβ€” contributed over 75 percent to the 1,000-point rally that propelled Nifty to its fresh record high of over 23,000 on May 24 from the 22,000 mark in January.

This is not healthy upmove ... Stay Cautious...
Elections 2024

Brokers giving targets on Seats.

Politicians giving targets on Markets
Election Result Expectations

BJP 325+ and NDA 365+
Nifty can move upto 24200+

BJP 303-325 and NDA 350
Nifty can move upto 23700+

BJP 272 - 303 and NDA 325
Nifty can stay between 22500 to 23500

BJP below 272 and NDA below 300
Nifty can go till 21800 to 22000

BJP below 240 and NDA below 272
Nifty can go till 21200 to 20500
Many more updates coming soon for our telegram community 😍
Few hours to go for exit poll.

92% of our community members believe Modi 3.0 is for sure.

And if it is so, get ready for good rally soon. 😍
Polls of Polls suggest 367 seats for NDA 😍😍
NIFTY 23000+
On Monday πŸ”ΌπŸ”ΌπŸ”Ό
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Above Stocks
NIFTY 23000+ On Monday πŸ”ΌπŸ”ΌπŸ”Ό
Opens at 23338 πŸ”₯πŸ”₯
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Nifty ka next target 24000 πŸš€πŸš€ (within 1-2 months)

Hold your good quality stocks. , πŸ’ͺ

Add the good quality stocks and sit quietly πŸš€
#AdaniPorts has secured a 30-year deal to operate Container Terminal 2 at Dar es Salaam Port and acquired a 95% stake in Tanzania International Container Terminal Services (TICTS) for $39.5 million, aiming to boost Tanzania's trade.
🌟 Why Indian Stock Market is Still Strong 🌟

πŸ“ˆ The growth is driven by strong company earnings. Despite the market being at an all-time high, the PE ratio is 21.4, lower than the 1-year average of 22.34.

πŸ’Ό Initiatives like GST, PLI schemes, and digitization efforts have positively impacted the business environment.

πŸ“Š India's GDP growth rate has been robust, fueled by consumption, investment, and government spending.

🌍 Comparatively, India has been less affected by global geopolitical tensions and economic slowdowns than some other emerging markets.
Gujarat Gas @ 572

The breakout above the descending trendline suggests a potential trend reversal from bearish to bullish.

The strong bullish candlestick and increased volume provide confirmation for the breakout.

Setting a target of 595, 620 ++ aligns with previous resistance levels observed in the chart.

A stop loss at 550 is placed below recent support levels to manage risk.
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