Equitymaster
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Equitymaster delivers independent, unbiased research on the Indian stock market. Trusted by investors since 1996, we help you build long-term wealth with honest, actionable insights β€” straight to your phone. https://www.equitymaster.com
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Stock Market Update - Sensex Today Rallies 468 Points | Nifty Tops 18,400 | Auto & FMCG Stocks Witness Buying

Indian share markets end on a strong note. The BSE Sensex ended 468 points higher while the Nifty gained 151 points.

http://www.eqtm.in/w9KTt
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10 Fundamentally Strong Penny Stocks to Watch Out for as 2023 Begins

It's ironic that most people who invest in penny stocks do so in the hope to make fast profits when they can multiply their investments in the long term.

http://www.eqtm.in/Xm6n7
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KFin Technologies IPO: 5 Things to Know

KFin Technologies - a technology driven financial service platform - has come out with its IPO. Find out five important details about the IPO.

http://www.eqtm.in/p5GBf
Forwarded from Fast Profits Daily
US markets carry-on with the ladt week's bearish tone on Monday; IT Index Nasdaq fell the most with 1.5% loss.

As per Wyckoff theory, Nasdaq seems forming the last of support this week after forming the shake out in mid October.

On Nifty, the bullish harmonic pattern is visible on the hourly chart and the reversal momentum yesterday confirms the resumption of bullish trend. Chart here

BankNifty needs to cross 43,570 for resumption of bullish momentum. Trader's should keep this levels on radar for long setup.

#PreMarket
#SGXNifty
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Profit Hunter - How to Find the Best Defence Stocks to Buy

What if I were to tell you that one of the most laid-back sectors is now on steroids?

http://www.eqtm.in/Te49A
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Stock Market Update - Sensex Today Tanks 600 Points | Metal, FMCG Stocks Tumble | IndusInd Bank, HUL, & SBI Top Losers

Indian share markets are trading on a negative note with the Sensex down by 600 points, while the Nifty is trading lower by 194 points.

http://www.eqtm.in/j7L5B
Forwarded from Fast Profits Daily
Dow Jones Performance for Second Half of December for last 50 years πŸ“ˆ

Will you buy for Christmas Rally πŸ§‘πŸ»β€πŸŽ„ and Year-end Settlement?
πŸ‘πŸ» Yes, Buying the Best Stocks
❀️ No. Recession is coming.
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Forwarded from Fast Profits Daily
Hey BEARS 🐻, Are you done for the Day?

The bears are ruling the day right from the word go as Nifty corrects over 200 points to hit the low of 18,202 as of 12:15pm IST.

Index is trading at the technical support zone and bears are suggested to book profits around these levels.

1. The falling channel or parallel lines support zone.
2. Bullish divergence on Relative Strength Index (RSI)

The support and divergence on the hourly chart indicate the reversal or time correction can be expected in the second half.

The bulls can grab this opportunity as the chart signals the favourable risk-reward setup.

The pattern negates on the break of previous swing low of 18,132.
(CMP-18,250)

#Nifty
#KeepItSimple
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It’s Time to Get Bullish on these 3 Defence Stocks

After years of research, our co-head of research, Tanushree Banerjee, has uncovered these 3 defence stocks.

These are not ordinary defence stocks.

Today, very few people know about the real potential of these companies.

Tanushree believes, these 3 defence stocks could potentially provide you some of the biggest gains of your lifetime.
* 2 out of these 3 stocks have already run up. Act fast or you might completely miss out on this big opportunity.

She is going to reveal all the details today at 5pm.

You can click the link below to know more…

http://www.eqtm.in/n7WDf
Shipping Stocks: Will the Bon Voyage Continue?

Shipping freight rates in the key tanker segment have soared 10 times in November 2022.

http://www.eqtm.in/Wj4b8
Going LIVE in 15 Minutes

We are just a few minutes away from going LIVE.

Shortly, Tanushree will start sharing with you all the insights from her multi-year research on defence.

She will explain how this decade could be the golden decade of defence stocks in India.

Why you should catch this potential 33x opportunity in defence today.

And how the 3 next-generation defence stocks she has picked for you could potentially provide some of the biggest gains of your lifetime.
* 2 out of these 3 stocks have already run up. Act fast or you might completely miss out on this big opportunity.

Plus, there is a lot more that Tanushree is going to share with you today.

So, don’t miss it for anything.

You can click the link below to get full details…

http://www.eqtm.in/j2CKq
Why Metropolis Healthcare Share Price is Falling

This pharma company hit a new 52-week low Here's why.

http://www.eqtm.in/x6N8Y
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Why Lemon Tree Hotels Share Price is Falling

After rallying for the better part of the year, this is why Lemon Tree Hotels has slipped in recent sessions.

http://www.eqtm.in/r8DAk
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Stock Market Update - Sensex Today Recovers 600 Points from Day's Low | Nifty Ends Below 18,400 | Auto & FMCG Stocks Witness Selling

Indian share markets stage a smart recovery to end marginally lower. The BSE Sensex ended 104 points lower while the Nifty lost 35 points.

http://www.eqtm.in/i4M9H
Forwarded from Fast Profits Daily
SGX Nifty reclaims 18,500 and Indian markets are expected to open on positive note.

The last hour short covering rally from the support zone of the channel pattern signals the bulls may have great time in next 2-4 weeks.

The bullish divergence on RSI supports the reversal for markets. Chart here

IT stocks, Reliance, HDFC and few heavy weights witnessed the bullish trend in the second half yesterday and is likely to lead the rally towards 19,000 on Nifty.

The short-term hurdle can be 18,550,-18,600 at the upper band of channel on Nifty for traders.

#Pre-Market
#SGXNifty
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Forwarded from Fast Profits Daily
TCS - The Elephant in the Room

Tata Consultancy Services (TCS) is the investor's and trader's favourite stock on D-street.

IT index has underperformed in 2022, down over 25%, while TCS is down over 12%.

Since September 2022, IT stocks witness a short-covering rally but fizzled in the last couple of weeks.

The Breakdown

Technically. the topping pattern head and shoulder is visible on the short-term chart with the breakdown at Rs. 3,250.

The stock price from the low of Rs. 3,163 has recovered back to Rs. 3,274 which is the retest of the head and shoulder breakdown.

Additionally, the gap and neckline of the head and shoulders pattern will be acting as major resistance for the stock.

As TCS weighs around 29% in the IT index and over 4% in Nifty50, the resumption of the bearish trend in the stock can impact the sectorial index and the benchmark index. The stock can be the elephant in the room for the market trend.

#TCS
KeepItSimple
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Stock Market Update - Sensex Today Trades on a Volatile Note | Axis Bank Hits Record High | HCL Tech, Wipro & Tech Mahindra Top Gainers

Indian share markets are trading on a positive note with the Sensex up by 50 points, while the Nifty is trading higher by 8 points.

http://www.eqtm.in/Cb8n4
Profit Hunter - How to Play India's Space Tech Boom

India's space tech sector has entered its next orbit. Here's how to ride it.

http://www.eqtm.in/Py47J
Why TCS is the Stock Market’s Elephant in the Room

This is how the performance of TCS can hurt the Nifty 50 and the IT index.

http://www.eqtm.in/w7JZi
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