Stock Market Update - Sensex Today Trades Flat | Astral Rallies 7% | Bajaj Twins & Infosys Top Gainers
Indian share markets are trading on a flat note with the Sensex trading flat, while the Nifty is trading higher by 4 points.
http://www.eqtm.in/Ey47C
Indian share markets are trading on a flat note with the Sensex trading flat, while the Nifty is trading higher by 4 points.
http://www.eqtm.in/Ey47C
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Are You Bottom Fishing in the Stock of Crompton Consumer? Read This...
Is the wait and watch approach appropriate for this stock?
What to do with Crompton Consumer?
Here’s an extract…
A week ago, the stock of Crompton Greaves Consumer Electrical, one of the leading makers of fans and LED lights plummeted by 8%.
With this one-day fall of 8%, the stock has more than halved over the past one year and is trading at its 52-week low.
As a value investor, when stocks lose half their market capitalisation in a year, it should ring a bell.
The question is…
Is this a value buy or is it a value trap?
http://www.eqtm.in/Gc2n3
Is the wait and watch approach appropriate for this stock?
What to do with Crompton Consumer?
Here’s an extract…
A week ago, the stock of Crompton Greaves Consumer Electrical, one of the leading makers of fans and LED lights plummeted by 8%.
With this one-day fall of 8%, the stock has more than halved over the past one year and is trading at its 52-week low.
As a value investor, when stocks lose half their market capitalisation in a year, it should ring a bell.
The question is…
Is this a value buy or is it a value trap?
http://www.eqtm.in/Gc2n3
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Big Whale Ashish Kacholia Takes Fresh Position in this Multibagger Small-cap Stock
Here's why Ashish Kacholia bought stake in this smallcap IT management firm.
Ashish Kacholia’s Smallcap Investment
Here’s an extract…
In the March 2023 quarter, Kacholia expanded his portfolio significantly, adding a total of four new stocks.
During the weekend, a disclosure from another company revealed Ashish Kacholia's name among the key shareholders' list.
Read on for more…
http://www.eqtm.in/c4ZBo
Here's why Ashish Kacholia bought stake in this smallcap IT management firm.
Ashish Kacholia’s Smallcap Investment
Here’s an extract…
In the March 2023 quarter, Kacholia expanded his portfolio significantly, adding a total of four new stocks.
During the weekend, a disclosure from another company revealed Ashish Kacholia's name among the key shareholders' list.
Read on for more…
http://www.eqtm.in/c4ZBo
Forwarded from Fast Profits Daily
Fast Profits Daily
BankNifty Futures - Bearish Harmonic Pattern 📉 On the hourly chart of Bank Nifty Futures, the bearish butterfly harmonic pattern is completed at 44,050 and the index closed below the reversal level. Make-or-Break The move below 43,900 may accelerate the…
BankNifty - Bears 🐻 reacting to this pattern 😛
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Bulk Deal Alert: Sumeet Nagar Dumps 5 Lakh Shares of this Small-cap Stock. Ashish Kacholia, Vijay Kedia Stay Put
The stock rallied over 35% this week after posting blockbuster quarterly results.
Sumeet Nagar Sells This Stock
Here’s an extract…
In this quarter, there’s not much selling activity by these investing gurus as they know the momentum is strong. Indian markets have staged a good comeback in the past three weeks.
However, it was yesterday reported that Sumeet Nagar’s Malabar India fund sold 512,000 shares of a small-cap company via a bulk deal.
Read on for more…
http://www.eqtm.in/i7D5Z
The stock rallied over 35% this week after posting blockbuster quarterly results.
Sumeet Nagar Sells This Stock
Here’s an extract…
In this quarter, there’s not much selling activity by these investing gurus as they know the momentum is strong. Indian markets have staged a good comeback in the past three weeks.
However, it was yesterday reported that Sumeet Nagar’s Malabar India fund sold 512,000 shares of a small-cap company via a bulk deal.
Read on for more…
http://www.eqtm.in/i7D5Z
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Stock Market Update - Sensex Today Ends 413 Points Lower, Nifty Slips Below 18,300 |HDFC Twins & Maruti Suzuki Top Losers | Policybazaar Shares Rise 4%
Indian share markets end lower. The Sensex fell 413 points while the Nifty slipped 112 points.
http://www.eqtm.in/y2BHw
Indian share markets end lower. The Sensex fell 413 points while the Nifty slipped 112 points.
http://www.eqtm.in/y2BHw
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Adani Group's Rs 210 Billion Fundraising Plan Triggers Stock Decline. What Next?
Adani Group stocks eroded Rs 212 billion in a single day despite ambitious fundraising plans. Find out why.
Adani’s Massive Growth Plan
Here’s an extract…
Adani group stocks faced intense selling pressure earlier this week on Monday. This, despite the group’s recent announcement of a stock sale to raise approximately Rs 210 billion (bn) in funds.
All ten shares belonging to the Adani group experienced a decline, with Adani Total Gas being the most affected yesterday.
Read on for more…
http://www.eqtm.in/Mq98E
Adani Group stocks eroded Rs 212 billion in a single day despite ambitious fundraising plans. Find out why.
Adani’s Massive Growth Plan
Here’s an extract…
Adani group stocks faced intense selling pressure earlier this week on Monday. This, despite the group’s recent announcement of a stock sale to raise approximately Rs 210 billion (bn) in funds.
All ten shares belonging to the Adani group experienced a decline, with Adani Total Gas being the most affected yesterday.
Read on for more…
http://www.eqtm.in/Mq98E
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Forwarded from Fast Profits Daily
Fast Profits Daily - Sell in May and Go Away?
What will the Nifty do this month? Find out...
http://www.eqtm.in/q4Y7F
What will the Nifty do this month? Find out...
http://www.eqtm.in/q4Y7F
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Why PVR Inox Share Price is Falling
PVR Inox share price is once again under pressure as the company shuts down 50 screens.
PVR Inox Stock Falls
Here’s an extract…
In the last six months, PVR's share price fell by 19.6%.
Even today its share price was on a downtrend after the company made a big revelation in its quarterly results.
The company will shut down 50 screens this year.
Read on for more…
http://www.eqtm.in/Nf73A
PVR Inox share price is once again under pressure as the company shuts down 50 screens.
PVR Inox Stock Falls
Here’s an extract…
In the last six months, PVR's share price fell by 19.6%.
Even today its share price was on a downtrend after the company made a big revelation in its quarterly results.
The company will shut down 50 screens this year.
Read on for more…
http://www.eqtm.in/Nf73A
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Forwarded from India Revival with Tanushree Banerjee
What Tata Elxsi Taught Me About Selling Stocks
I do not hesitate to pass on this lesson every time I am asked if I recommended a sell too early.
http://www.eqtm.in/m2R7P
I do not hesitate to pass on this lesson every time I am asked if I recommended a sell too early.
http://www.eqtm.in/m2R7P
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Forwarded from Fast Profits Daily
SELL IN MAY & GO AWAY?
DJIA slips to 33,000 and Sensex struggling to head towards new highs; what should be your trading plan?
Watch my video for road map ahead. Click here
SGXNifty indicates an opening below 18,300 as US index DowJones closed down by a percent while DJ Bank Index corrected by 1.45%.
On Nifty, the support zone of 18,230-18,190 need to be protected by bulls to maintain it's bullish tone.
On BankNifty, the bearish harmonic on hourly chart is playing it's role. The test of 43,716-43,563 can be on cards as per pattern.
Sectors to buy on dips - Realty and Auto.
#SGXNifty
#PreMarket
DJIA slips to 33,000 and Sensex struggling to head towards new highs; what should be your trading plan?
Watch my video for road map ahead. Click here
SGXNifty indicates an opening below 18,300 as US index DowJones closed down by a percent while DJ Bank Index corrected by 1.45%.
On Nifty, the support zone of 18,230-18,190 need to be protected by bulls to maintain it's bullish tone.
On BankNifty, the bearish harmonic on hourly chart is playing it's role. The test of 43,716-43,563 can be on cards as per pattern.
Sectors to buy on dips - Realty and Auto.
#SGXNifty
#PreMarket
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Stock Market Update - SGX Nifty Down 45 Points | BOB & IOC Q4 Results | Paras Defence Signs Pact for Anti-Drone Systems | Top Buzzing Stocks Today
Top cues to track in today's stock market session.
http://www.eqtm.in/d5N3G
Top cues to track in today's stock market session.
http://www.eqtm.in/d5N3G
ONDC’s Impact on Food Delivery Companies Like Zomato and Swiggy
How will the disruption caused by ONDC play out? Find out here…
Zomato & Swiggy Vs ONDC
Here’s an extract…
People are sharing screenshots on social media comparing prices they need to pay for food delivery on ONDC and apps like Zomato and Swiggy.
The difference is indeed staggering. 50% in some cases. The food delivery industry will never be the same.
But what is ONDC exactly? How is it disrupting the industry? And will it have an impact on listed stocks?
Let’s find out…
http://www.eqtm.in/Tc9m5
How will the disruption caused by ONDC play out? Find out here…
Zomato & Swiggy Vs ONDC
Here’s an extract…
People are sharing screenshots on social media comparing prices they need to pay for food delivery on ONDC and apps like Zomato and Swiggy.
The difference is indeed staggering. 50% in some cases. The food delivery industry will never be the same.
But what is ONDC exactly? How is it disrupting the industry? And will it have an impact on listed stocks?
Let’s find out…
http://www.eqtm.in/Tc9m5
Stock Market Update - Sensex Today Trades Lower | Vodafone Idea Slips 3% | HCL Technologies & Infosys Top Losers
Indian share markets are trading on a negative note with the Sensex trading 147 points lower, while the Nifty is trading lower by 50 points.
http://www.eqtm.in/Kb2n7
Indian share markets are trading on a negative note with the Sensex trading 147 points lower, while the Nifty is trading lower by 50 points.
http://www.eqtm.in/Kb2n7
Forwarded from Fast Profits Daily
BankNifty - Bearish Harmonic + Trendline Breakdown 📉 - Updated Chart
As highlighted, the bearish harmonic pattern is currently unfolding, indicating a potential downtrend in the BankNifty.
We posted the chart when the index was trading around 44,050, made a high of 44,114 (May Futures) and a perfect picture reversal from the PRZ.
Following the bearish harmonic pattern, a significant development in the market is the breakdown of the rising trendline (red).
The lower high of 44,114 from the subsequent peak of ATH - 44,248 (Futures) indicates a potential trend reversal.
Short-term trend reversals require a keen eye, as they can signal temporary shifts in sentiment that savvy traders can capitalize on.
As per the current chart structure, the bulls can be in the game above 44,300 (Futures).
#BankNifty
#BearishHarmonic
#KeepItSimple
As highlighted, the bearish harmonic pattern is currently unfolding, indicating a potential downtrend in the BankNifty.
We posted the chart when the index was trading around 44,050, made a high of 44,114 (May Futures) and a perfect picture reversal from the PRZ.
Following the bearish harmonic pattern, a significant development in the market is the breakdown of the rising trendline (red).
The lower high of 44,114 from the subsequent peak of ATH - 44,248 (Futures) indicates a potential trend reversal.
Short-term trend reversals require a keen eye, as they can signal temporary shifts in sentiment that savvy traders can capitalize on.
As per the current chart structure, the bulls can be in the game above 44,300 (Futures).
#BankNifty
#BearishHarmonic
#KeepItSimple
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Forwarded from Fast Profits Daily
Bank Nifty Heatmap - https://www.equitymaster.com/india-markets/1-27/NSE-Bank-Nifty-heatmap
Why Infosys and TCS are the Best Hedge Against Fancy AI Stocks
Investors looking to buy fancy AI stocks may have to shell out a fortune in terms of valuations.
Are Infosys and TCS AI Stocks?
Here’s an extract…
It may be a while before the technology finds wide scale commercial adoption like AI.
But with an early mover advantage, Indian tech majors can have a huge upside once the research on quantum technology begins to accelerate their product launches.
For investors, companies like Infosys and TCS offer the opportunity to ride the massive technology tailwind at relatively reasonable valuations.
http://www.eqtm.in/j3P5E
Investors looking to buy fancy AI stocks may have to shell out a fortune in terms of valuations.
Are Infosys and TCS AI Stocks?
Here’s an extract…
It may be a while before the technology finds wide scale commercial adoption like AI.
But with an early mover advantage, Indian tech majors can have a huge upside once the research on quantum technology begins to accelerate their product launches.
For investors, companies like Infosys and TCS offer the opportunity to ride the massive technology tailwind at relatively reasonable valuations.
http://www.eqtm.in/j3P5E
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Forwarded from Fast Profits Daily
Nifty - Timing is Everything, Buying in the Accumulation Zone📈📉
The index has retraced by 38.20% Fibonacci level from the low of 17,553 to the high of 18,458 at 18,115.
In a bullish trend, a retracement refers to a pullback in the upward price movement offering opportunities for buying or adding to existing positions at relatively lower prices before the upward momentum continues.
The blue parallel lines marked at previous swing highs will act as a support zone for the ongoing bullish trend.
Ichimoku Kinko Hyo, a popular technical analysis tool is signalling buy as the index is trading at the support of the cloud which coincides with the support zone signalling an accumulation zone for bulls.
The zone of 18,090-18,140 will act as an accumulation zone for Nifty and the break of 17,975 will negate the chart structure.
#Nifty
#KeepItSimple
The index has retraced by 38.20% Fibonacci level from the low of 17,553 to the high of 18,458 at 18,115.
In a bullish trend, a retracement refers to a pullback in the upward price movement offering opportunities for buying or adding to existing positions at relatively lower prices before the upward momentum continues.
The blue parallel lines marked at previous swing highs will act as a support zone for the ongoing bullish trend.
Ichimoku Kinko Hyo, a popular technical analysis tool is signalling buy as the index is trading at the support of the cloud which coincides with the support zone signalling an accumulation zone for bulls.
The zone of 18,090-18,140 will act as an accumulation zone for Nifty and the break of 17,975 will negate the chart structure.
#Nifty
#KeepItSimple
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Stock Market Update - Sensex Today Ends 372 Points Lower | Realty Stocks Drag | LIC Housing Finance Slips 6%
Indian share markets end on a negative note. The BSE Sensex closed up by 372 points while the Nifty gained 104 points.
http://www.eqtm.in/y7A8R
Indian share markets end on a negative note. The BSE Sensex closed up by 372 points while the Nifty gained 104 points.
http://www.eqtm.in/y7A8R
Specialty Chemical Stock Down 40% in a Year. Is it Worth a Look?
Read this before you go bottom fishing in this specialty chemical stock.
Specialty Chemical Stock Down 40%
Here’s an extract…
Experiencing a reversal from an all-time high is a pivotal moment in the stock market. It signifies a significant shift in sentiment and often marks the end of an exuberant phase.
The reversals from all-time highs can be accompanied by a sense of caution and a re-evaluation of positions.
The chartist recognises these reversals as opportunities to re-assess risk and adjust strategies accordingly. It serves as a reminder that stock prices have cycles, and prudence is crucial in navigating the changing landscape effectively.
http://www.eqtm.in/Ab8e6
Read this before you go bottom fishing in this specialty chemical stock.
Specialty Chemical Stock Down 40%
Here’s an extract…
Experiencing a reversal from an all-time high is a pivotal moment in the stock market. It signifies a significant shift in sentiment and often marks the end of an exuberant phase.
The reversals from all-time highs can be accompanied by a sense of caution and a re-evaluation of positions.
The chartist recognises these reversals as opportunities to re-assess risk and adjust strategies accordingly. It serves as a reminder that stock prices have cycles, and prudence is crucial in navigating the changing landscape effectively.
http://www.eqtm.in/Ab8e6
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