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 — straight to your phone. https://www.equitymaster.com
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Forwarded from Fast Profits Daily
US markets rebound in the last hour led by banking stocks; US Bank Index gains 2.17%.

As US Bank Index gains, the reversal in BankNifty yesterday sets bullish tone; eyes on 42,800-43,000 mark. The new base for the April series is 41,289-41,643.

On Nifty, IT dragged the index down led by Infosys.
Technically, 17489-17,567 may act as major support zone while 18,000 act as the wall.

Focus on Energy and Gas stocks, chart indicates the northward momentum.

#PreMarket
#SGXNifty
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Forwarded from Fast Profits Daily
Copper - Cup & Handle Breakout....But 😏

On Thursday, MCX Copper broke out of bullish cup and handle technical pattern which indicates resumption in bullish trend.

The Friday begins with the bullish momentum but ends with the gravestone doji, the bearish reversal candlestick pattern.

This week starts with open = high so far forming bearish engulfing candlestick pattern on the daily chart.

On a positive side, the breakout is retested and it will be important to watch the momentum between Rs.770-790 zone which will decide the success or failure of the bullish pattern cup and handle.

The break of Rs.755 will negate the bullish pattern and confirm the reversal.

The candlestick patterns indicate the cup and handle pattern is in danger.

#MCX
#Copper
#KeepItSimple
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Stock Market Update - SGX Nifty Down 30 Points | EV Demand on the Rise | SIP Inflows at All-Time High | Top Buzzing Stocks Today

Top cues to track in today's stock market session.

http://www.eqtm.in/Dq87M
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Here's a list of stocks to watch out for today. This list is updated LIVE, so be sure to check back regularly... http://www.eqtm.in/Me4d3
Forwarded from Fast Profits Daily
TCS may Outperform NiftyIT 🥇

As Infosys started the week with a 10% downtick, the breakout on the ratio chart of TCS/NiftyIT indicates TCS may emerge as an outperformer in the IT index.

With 26.54% weightage in the IT index, the breakout from the bullish pennant on a weekly chart indicates time to keep eye on TCS.

Stay tuned for a detailed video 📹

#TCS
#ITstocks
#KeepItSimple
5
Mohnish Pabrai on Investing in Stocks that Make "No Sense"

Mohnish Pabrai is a stock picker par excellence. His approach is pretty simple...buy stocks trading at valuations that make no sense.

http://www.eqtm.in/Wj96Z
Stock Market Update - Sensex Today Trades Lower | Apollo Hospital Slips 2% | Reliance, Tech Mahindra Among Top Losers

Indian share markets are trading on a negative note with the Sensex down by 175 points, while the Nifty is trading lower by 50 points.

http://www.eqtm.in/r9GLp
Where to Find the Most Promising EV Stocks

Investors who wish to make big gains from EV revolution will need to expand their vision.

Finding Multibagger EV Stocks

Here’s an extract…

Richa Agarwal on the EV stocks with the highest potential upside...

If you have been following me, you would know that I’m not too keen on the direct players – EV automakers. For them the rise of EVs is more like a cannibalisation.

I’m more interested in the pick and shovel plays – the EV ecosystem.

Early investors in this opportunity are in for a big wealth creation journey.

http://www.eqtm.in/Jw64Q
Did You Access Details of These 3 Stocks?

At Monday’s event, Rahul Shah shared his entire research on this big opportunity that is staring at us.

Not only that, he also shared details of his top 3 stocks to ride this giant leap.

If you missed attending this event for some reason, then you can still get all the information by watching a special replay of the event.

Here’s the link to watch the full presentation...

http://www.eqtm.in/c3L4B
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Forwarded from Fast Profits Daily
MidCap IT stocks recovering after yesterday's shock 📈

#Persistent
#Coforge
#Mphasis
#BSoft
#ITStocks
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Mankind Pharma IPO: 5 Things to Know

The long-awaited Mankind Pharma IPO is opening soon. Find out key details inside.

http://www.eqtm.in/r6D7P
Sumeet Nagar's Malabar India Fund Invests in a Chemical Stock that has Rallied 450% in 3 Years

The latest shareholding pattern of this company shows that Malabar India fund picked up a substantial stake in the March 2023 quarter.

Sumeet Nagar’s New Buy

Here’s an extract…

Sumeet Nagar is the co-founder of Malabar Ventures LLC. Malabar is a foreign portfolio investor (FPI) with a particular emphasis on India’s small and mid-cap stocks.

His amazing track record In the smallcap and midcap space is no fluke.

He has a solid decision-making process on which stocks to buy, how much to buy, and, equally importantly, when to sell.

http://www.eqtm.in/Et7q9
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Why Tech Mahindra Share Price is Falling

Tech Mahindra shares shed 7% in a day, fall the most in three years. Here's why.

http://www.eqtm.in/z2P7A
Stock Market Update - Sensex Today Ends 184 Points Lower | Tata Chemicals Slips 6% | Reliance & Adani Enterprises Top Losers

Indian share markets end lower. The Sensex fell 184 points while the Nifty ended lower by 47 points.

http://www.eqtm.in/p4T2Q
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Vijay Kedia Picks Stake in this Auto Ancillary Company. Stock Rallies 40% in Two Days

According to a BSE statement, Kedia bought 1 million shares, translating into a 1.1% stake in the company.

Vijay Kedia’s New Stock Pick

Here’s an extract…

Vijay Kishanlal Kedia is an Indian investor and trader based out of Mumbai and his company – Kedia Securities is the largest shareholder (after the promoter) in several listed companies.

Kedia has been involved in the Indian stock market since the age of 19. He has been described by many as a ‘market master’.

In the most recent March 2023 quarter, Vijay Kedia added an auto ancillary firm to his portfolio.

Read on to know more…

http://www.eqtm.in/e2M7E
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Forwarded from Fast Profits Daily
Dow Jones is trading in the range of 33,700-34,100 between the 13th April 2023 bar; the break of 34,200 may resume bullish momentum. The 4-month descending broadening wedge pattern breakout will be confirmed above 34,400 indicating the momentum towards 35,000+ levels.

Bulls are in danger on Nifty as the bearish belt-hold candlestick pattern for consecutive days indicates the sign of reversal. The break of 17,500 will confirm the momentum back to 17,000 levels while the break of 17,900 may negate the structure.

Bank Nifty has outperformed in yesterday’s session but the bearish belt-hold candlestick high is yet to be taken out; eyes 41,800-42,000 zone for tomorrow’s expiry till 42,650 is negated.

SGXNifty indicates a flat opening around 17,700 levels.

#PreMarket
#SGXNifty
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Stock Market Update - SGX Nifty Down 31 Points | Jindal Stainless Special Dividend | Why Quick Heal Share Price is Falling | Top Buzzing Stocks Today

Top cues to track in today's stock market session.

http://www.eqtm.in/Yt9s3
1
Forwarded from Fast Profits Daily
Nifty - Expect a Range Trading between 17,570-17,870 📈📉

The bearish belt-hold candlestick pattern, previous swing high and the gap support signal the market may trade in a range for a day or so.

The consecutive day's bearish belt-hold pattern turns the table from bullish to bearish on the chart.

Bulls can be in the game only above 17,900.

#Nifty
#WeeklyExpiry
#KeepItSimple
👍5
Stock Market Update -Sensex Today Trades Lower, Nifty Below 17,650 | ICICI Lombard Slips 2% | Infosys & HCL Tech Among Top Losers

Indian share markets are trading on a negative note with the Sensex down by 130 points, while the Nifty is trading lower by 30 points.

http://www.eqtm.in/Js8y9