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
❤1👍1
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
❤1👍1
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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Top 5 Chemical Stocks with Big Capex Plans. Worth a Look?
These five chemical companies are investing heavily in expanding their capacity and upgrading their technology. But are they worth a look at the current valuations?
Top Indian Chemical Stocks
Here’s an extract…
The chemical sector plays a significant role in India’s economy, contributing around 3% to the GDP.
It has been on a steady growth trajectory. The market is expected to reach US$ 304 billion (bn) by 2025.
As several companies strive to expand their business operations to achieve this growth, there has been a new wave of substantial investments.
Read on for more…
http://www.eqtm.in/Lk5i7
These five chemical companies are investing heavily in expanding their capacity and upgrading their technology. But are they worth a look at the current valuations?
Top Indian Chemical Stocks
Here’s an extract…
The chemical sector plays a significant role in India’s economy, contributing around 3% to the GDP.
It has been on a steady growth trajectory. The market is expected to reach US$ 304 billion (bn) by 2025.
As several companies strive to expand their business operations to achieve this growth, there has been a new wave of substantial investments.
Read on for more…
http://www.eqtm.in/Lk5i7
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Is it Time to Bottom Fish This Beaten Down Consumer Stock?
Has the market overreacted in punishing the stock of Crompton Greaves Consumer Electrical?
http://www.eqtm.in/Pf92A
Has the market overreacted in punishing the stock of Crompton Greaves Consumer Electrical?
http://www.eqtm.in/Pf92A
👍1
Top Stocks to Watch Out for Bonus Shares and Stock Splits in June 2023
These smallcap companies are set to issue bonus shares and stock split in June 2023. Do you own any?
Bonus and Split Alert
Here’s an extract…
While investing inherently involves risk, particularly when pursuing higher rewards, diligent research can yield substantial gains.
One way is to take a close look at the companies declaring bonus shares and stock splits. This is because these corporate actions have a material impact on the company’s stock price.
Keeping that in mind, here are three stocks that are set to declare bonus shares and stock splits in June 2023.
http://www.eqtm.in/q9RNy
These smallcap companies are set to issue bonus shares and stock split in June 2023. Do you own any?
Bonus and Split Alert
Here’s an extract…
While investing inherently involves risk, particularly when pursuing higher rewards, diligent research can yield substantial gains.
One way is to take a close look at the companies declaring bonus shares and stock splits. This is because these corporate actions have a material impact on the company’s stock price.
Keeping that in mind, here are three stocks that are set to declare bonus shares and stock splits in June 2023.
http://www.eqtm.in/q9RNy
👍2
Forwarded from Fast Profits Daily
US markets rebound from the key support of 33,000 on Dow Jones; Banks and IT sector lead the recovery.
Indian markets witnessed selling pressure ahead of weekly expiry but the last hour bullish reversal signals buying opportunity.
Nifty reversed from the resistance turned support at 18,130 and Ichimoku cloud. Chart here
Additionally, Nifty retraced by 38.20% Fibonacci level creating an accumulation zone at the confluence of supports.
On BankNifty, the Bearish Harmonic pattern on hourly chart played it's role as index dip over 600pts from high.
On expiry day, index is likely to trade in the range of 43,460-44,079.
#PreMarket
#SGXNifty
Indian markets witnessed selling pressure ahead of weekly expiry but the last hour bullish reversal signals buying opportunity.
Nifty reversed from the resistance turned support at 18,130 and Ichimoku cloud. Chart here
Additionally, Nifty retraced by 38.20% Fibonacci level creating an accumulation zone at the confluence of supports.
On BankNifty, the Bearish Harmonic pattern on hourly chart played it's role as index dip over 600pts from high.
On expiry day, index is likely to trade in the range of 43,460-44,079.
#PreMarket
#SGXNifty
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Stock Market Update - SGX Nifty Up 34 Points | Kaynes Technology Q4 Results | Rane Madras to Divest Stake in Subsidiary | Top Buzzing Stocks Today
Top cues to track in today's stock market session.
http://www.eqtm.in/y9Q3E
Top cues to track in today's stock market session.
http://www.eqtm.in/y9Q3E
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
Stock Market Update - Sensex Today Trades Higher, Nifty Above 18,200 | Jindal Saw Rallies 7% | ITC & Axis Bank Top Gainers
Indian share markets are trading on a positive note with the Sensex trading 187 points higher, while the Nifty is trading higher by 43 points.
http://www.eqtm.in/Yd36H
Indian share markets are trading on a positive note with the Sensex trading 187 points higher, while the Nifty is trading higher by 43 points.
http://www.eqtm.in/Yd36H
PVR Inox: New Beginnings or the Beginning of the End?
Here’s what could happen next in the in the multiplex industry.
What Next for PVR INOX?
Here’s an extract…
When the two market leaders of an industry come together, you would expect two and two to make eleven.
But this could not be the case with this almost monopolistic entity in India’s multiplex industry.
PVR Inox, post the merger, announced results for March 2023 quarter as a single entity.
The earnings report deserves a 0.5 star and thumbs down. The stock has lost nearly 11% in the month while benchmark indices have surged.
Read on for more…
http://www.eqtm.in/m2E5Z
Here’s what could happen next in the in the multiplex industry.
What Next for PVR INOX?
Here’s an extract…
When the two market leaders of an industry come together, you would expect two and two to make eleven.
But this could not be the case with this almost monopolistic entity in India’s multiplex industry.
PVR Inox, post the merger, announced results for March 2023 quarter as a single entity.
The earnings report deserves a 0.5 star and thumbs down. The stock has lost nearly 11% in the month while benchmark indices have surged.
Read on for more…
http://www.eqtm.in/m2E5Z
👍2❤1
Stock Market Update - Sensex Today Ends 129 Points Lower, Nifty Below 18,150 | Realty Stocks Drag | SBI & ITC Dip 2%
Indian share markets end on a negative note. The BSE Sensex closed down by 129 points while the Nifty fell 52 points.
http://www.eqtm.in/Be9s2
Indian share markets end on a negative note. The BSE Sensex closed down by 129 points while the Nifty fell 52 points.
http://www.eqtm.in/Be9s2
Undervalued Gems: 3 Penny Stocks Hitting 52-Week Lows. Time to Take a Look?
Investors must keep a watchful eye on stocks trading at their 52-week lows. If chosen carefully, they could potentially generate faster returns.
Penny Stocks at 52-Week Lows
Here’s an extract…
In the current market conditions, investors are on the lookout for undervalued stocks that can potentially offer attractive returns in the long run.
In today’s article, we’ll cover penny stocks that are hitting or nearing their 52-week lows.
Here are three that have recently hit their 52-week lows.
http://www.eqtm.in/Wq34F
Investors must keep a watchful eye on stocks trading at their 52-week lows. If chosen carefully, they could potentially generate faster returns.
Penny Stocks at 52-Week Lows
Here’s an extract…
In the current market conditions, investors are on the lookout for undervalued stocks that can potentially offer attractive returns in the long run.
In today’s article, we’ll cover penny stocks that are hitting or nearing their 52-week lows.
Here are three that have recently hit their 52-week lows.
http://www.eqtm.in/Wq34F
👍1
Why Tata Steel Share Price is Falling
The Tata Group company faced another setback yesterday. Continue reading to know more…
Tata Steel Stock Falls
Here’s an extract…
Tata group company Tata Steel has been grappling with considerable selling pressure and a lackluster performance in 2023 so far.
The stock has declined by 11% so far in 2023. Yesterday, shares of the company fell another 2%.
Let’s take a look at the probable reasons behind the fall in Tata Steel shares and what lies ahead for the company.
http://www.eqtm.in/Kj2z4
The Tata Group company faced another setback yesterday. Continue reading to know more…
Tata Steel Stock Falls
Here’s an extract…
Tata group company Tata Steel has been grappling with considerable selling pressure and a lackluster performance in 2023 so far.
The stock has declined by 11% so far in 2023. Yesterday, shares of the company fell another 2%.
Let’s take a look at the probable reasons behind the fall in Tata Steel shares and what lies ahead for the company.
http://www.eqtm.in/Kj2z4
Forwarded from Fast Profits Daily
US markets witnessed bullish momentum in the second half of the day forming the rising three candlestick pattern on Dow Jones; the range of 32,900-33,000 can be short-term base for the index.
DAX hits 52-week high and it will continue to outperform global markets. In the start of 2023, I recorded a video saying "2023 is the year for European Markets" and it is trading at highs. Video here
Nifty is hovering in the range of 18,100-18,400. The zone of 18,090-18,140 will act as support zone for the index.
BankNifty is outperforming Nifty but 44,000 is acting as major hurdle for bulls. The bearish harmonic followed by reversal from 88.60% Fibonacci retracement indicates the bulls are exhausted at higher levels.
#SGXNifty
#PreMarket
DAX hits 52-week high and it will continue to outperform global markets. In the start of 2023, I recorded a video saying "2023 is the year for European Markets" and it is trading at highs. Video here
Nifty is hovering in the range of 18,100-18,400. The zone of 18,090-18,140 will act as support zone for the index.
BankNifty is outperforming Nifty but 44,000 is acting as major hurdle for bulls. The bearish harmonic followed by reversal from 88.60% Fibonacci retracement indicates the bulls are exhausted at higher levels.
#SGXNifty
#PreMarket
👍2
Stock Market Update - SGX Nifty Up 27 Points | ITC Q4 Results & Special Dividend | Rupee Nears 2-Month Low | Top Buzzing Stocks Today
Top cues to track in today's stock market session.
http://www.eqtm.in/Xw2e7
Top cues to track in today's stock market session.
http://www.eqtm.in/Xw2e7
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