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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Stock Market Update - SGX Nifty Up 34 Points | Escorts Kubota Declares Dividend | JSW Infrastructure IPO | Top Buzzing Stocks Today

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

http://www.eqtm.in/a8KEg
Forwarded from Fast Profits Daily
BankNifty – Is this the SWING TOP?

The bulls cheered the opening in the BankNifty as it hits the high of 43,774 but the party was short-lived, and the index fell to a low of 43,367.

The Candlestick Patterns

On 4th May 2023, we witnessed the tweezers-top bearish reversal candlestick reversal pattern at the high of 43,739 on the intraday chart of 30mins.

With the gap-up opening and losing momentum in the first 30mins of the day, the bearish belt-hold candlestick pattern is visible around the similar highs signalling the pause to the bullish momentum.

The break of 43,350 will confirm the bearish reversal as per the belt-hold candlestick pattern.

Momentum Indicator turns BEARISH

Stochastic
, the momentum oscillator signals a negative crossover with the bearish candlestick patterns indicating the reversal on cards.

The Confirmation

The break of 43,800-43,350 will confirm the further momentum for bulls and bears.

#BankNifty (CMP-43,550)
#KeepItSimple
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Stock Market Update - Sensex Today Trades Flat | Adani Enterprises Rallies 4% | IndusInd Bank & NTPC Top Gainers

Indian share markets are trading on a flat note with the Sensex up by 57 points, while the Nifty is trading higher by 12 points.

http://www.eqtm.in/m7AJb
Looking for AI Stocks? Airlines and Hotels are the Wrong Sectors

Which stock could ride the AI megatrend in India?

AI Stocks in India

Here’s an extract…

As investors whenever we experience trends first hand, our mind immediately starts thinking of stocks. After all, that is primary research which indicates factor like strong demand and pricing power.

The obvious stocks to look for would be aviation stocks and hotel stocks but the problem is that all of what we are experiencing first hand is already in the price. Mr Market and insiders are much smarter and faster.

So where do you look for AI stocks?

http://www.eqtm.in/d8M6C
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Why Aarti Industries Share Price is Falling

Rising crude oil prices and disruptions in the supply chain, have directly impacted the profit margin of Aarti Industries.

http://www.eqtm.in/r2KCg
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Rail Stocks: Sharmaji Ka Multibagger Formula: Pros & Cons

Is Shankar Sharma's investment strategy well suited for the average investor?

http://www.eqtm.in/o5JGc
Stock Market Update - Sensex Today Ends Flat | Dr Reddy's Lab Tanks 7% | L&T, Hindalco Top Losers

Indian share markets end flat. The BSE Sensex closed lower by 36 points while the Nifty fell 9 points.

http://www.eqtm.in/Mg58X
Why Sun Pharma Share Price is Falling

The company’s shares have plummeted 5% in a month. More details inside.

http://www.eqtm.in/n2ZRy
This Fund Manager Generated 30%+ returns for Over 30 Years. Here are His Top Picks and Avoids in the Current Market...

This billionaire investor recently shared his views on the current economic situation, US dollar, gold, China, and more.

http://www.eqtm.in/o8P3K
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5 Companies that Have Surged or Crashed Spectacularly. And Why

Here is a list of 5 rerated that have caught the attention of the market.

http://www.eqtm.in/Nd78L
Forwarded from Fast Profits Daily
Dow Jones reverse from the resistance zone and slips to 33,200 levels; ends at 33,309 losing 0.66%. Chart here

Asian markets indices HangSeng and Nikkei trades in green while SGXNifty indicates the negative opening of 66pts for Indian markets.

BankNifty forms bearish candlestick pattern around previous high indicating 43,600-43,800 as resistance zone while 43,300 will be the confirmation level for reversal. Chart here

The dip in auto stocks can be an opportunity for long traders.

#SGXNifty
#PreMarket
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Stock Market Update - SGX Nifty Down 63 Points | Asian Paints Q4 Results & Final Dividend | Why Adani Enterprises Share Price Is Rising | Top Buzzing Stocks to Watch Today

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

http://www.eqtm.in/r8G9K
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Stock Market Update - Sensex Today Trades Lower | Zee Entertainment Sinks 5% | Power Grid & NTPC Top Losers

Indian share markets are trading on a negative note with the Sensex down by 173 points, while the Nifty is trading lower by 54 points.

http://www.eqtm.in/m4HLy
Ignore Earnings Guidance. Here's a Better Indicator of Business Potential

When too many people invest based on news and tips, it often becomes a self-fulfilling prophecy, but only for the short term.

How to Find True Potential of a Business

Here’s an extract…

I don’t intend to undermine earnings season and ensuing calls. It’s a rare opportunity for retail investors and analysts to interact with the management in public.

But then there is a concept of marginal utility of information and its dissemination.

Beyond a point, it diminishes. I have a problem with how the earnings reports are read and interpreted.

Read on for more…

http://www.eqtm.in/Ls9x3
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Undervalued Gems: 5 Midcap Stocks Hitting 52-Week Lows. Time to Take a Look?

Here’s a list of 5 midcap stocks available at attractive valuations.

Midcaps at 52-Week Lows

Here’s an extract…

As the Indian stock market continues to fluctuate, investors are on the lookout for undervalued stocks, especially midcaps.
These stocks have the potential to deliver robust returns in the long run.

Midcap stocks offer a balance of growth and stability, making them a favourite among investors.

Here are five that have recently hit their 52-week lows.

http://www.eqtm.in/c4CDn
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Stock Market Update - Sensex Today Ends 123 Points Higher | Glenmark Pharma Jumps 6% | Eicher Motors, M&M Among Top Gainers

Indian share markets end marginally higher. The BSE Sensex closed higher by 123 points while the Nifty rose 18 points.

http://www.eqtm.in/Jw47X
Why Latent View Analytics Share Price is Falling

Find out why the stock of India’s first listed data analytics firm is slipping on the bourses.

Latent View Stock Falls

Here’s an extract…

The IPO of Latent View Analytics received an overwhelming response from all categories as it subscribed by 326.5 times in November 2021. The Rs 6 billion (bn) IPO had a price range of Rs 190-197 per share.

The stock made a strong market debut on 23 November 2021 with a premium of 169%. Within three days of listing the company’s share price gained 44%. However, after the initial gains, the rally came a halt.

As things stand now, shares of the company have slipped over 10% in just five days. Investors went on a selling price earlier this week on 10 May 2023 and it closed at Rs 372.8.

Read on to know why Latent View Analytics share price is falling.

http://www.eqtm.in/Pm7w4
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Why Dr Reddy's Lab Share Price is Falling

Dr Reddy’s Lab shares tumbled 5%, even after reporting a ten-fold jump in Q4 net profit. Here’s why.

Dr Reddy’s Lab Stock Falls

Here’s an extract…

On 5 May 2023, Dr Reddy's Laboratories, one of the best pharma companies in India, saw its shares hit a 52-week high of Rs 4,989, signaling positive investor sentiment.

However, the company's fortunes changed quickly, as just days later, shares plummeted by 6.6% in a single day.

This sudden turn of events has caught investors off guard.

Let's find out what triggered the selloff.

http://www.eqtm.in/Fx8k3
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Insider Buying Alert: Examining Promoter Holding Changes in these 6 Stocks

While promoter holding is an important parameter, it should not be the sole reason for buying a stock.

Promoter Buying in These Stocks

Here’s an extract…

Of all the stakeholders, it is the promoters who know the most about their businesses, and future potential.

If they are willing to part with their personal money to buy shares from open market, there is good possibility they believe the stock is undervalued and the stock will potentially witness gains in the future.

So, with this in mind, we outline and study the top stocks that Indian promoters have bought and sold in May 2023 so far.

http://www.eqtm.in/o3RJe
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Why L&T Share Price is Falling

After rallying non-stop on the back of significant and growing order-book, L&T shares have hit a roadblock. What next?

L&T Stock Falls

Here’s an extract…

In recent months, the share price of L&T was racing ahead like an F1 race car. The company touched a new 52-week high price multiple times last month.

Just ten days ago, on 2 May 2023, it again touched a 52-week high price of Rs 2,416.

However, L&T’s race car hit a bump on 11 May 2023. In just a single day, L&T's share price slipped 5% and 2% on the next day.

Let’s find out why…

http://www.eqtm.in/Ln4s3
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Top 5 Stocks Mutual Funds Bought and Sold in April 2023

A look at what India's top equity mutual funds bought and sold in April 2023.

April 2023 Mutual Fund Activity

Here’s an extract…

According to experts, inflows for April were lower as there was no clear direction for retail investors to follow. Benchmark indices were rangebound. The other reason could be profit booking.

Many say that the inflows for May 2023 would be much higher than April 2023 as FIIs are coming back to India. This will boost retail investors’ confidence.

Read on for more…

http://www.eqtm.in/Zb8f6
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