Why Olectra Greentech Share Price is Rising
This EV manufacturing company is speeding up on the bourses. But is there more steam left?
Olectra Greentech Stock Rises
Here’s an extract…
The share price of Olectra Greentech rallied more than 15% in the past one week. Yesterday, the company hit a new 52-week high of Rs 940.6.
In the past one month, it has rallied 36.7% while it is up almost 5x in the past one year.
Let’s find out what’s driving the rally in Olectra Greentech shares and whether it has more steam left.
http://www.eqtm.in/Dk84L
This EV manufacturing company is speeding up on the bourses. But is there more steam left?
Olectra Greentech Stock Rises
Here’s an extract…
The share price of Olectra Greentech rallied more than 15% in the past one week. Yesterday, the company hit a new 52-week high of Rs 940.6.
In the past one month, it has rallied 36.7% while it is up almost 5x in the past one year.
Let’s find out what’s driving the rally in Olectra Greentech shares and whether it has more steam left.
http://www.eqtm.in/Dk84L
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Specialty Chemical Stocks Are Buzzing. Here Are the Top Companies to Track Now…
Specialty chemical companies are seeing strong demand. Check out the latest developments and the stocks that are positioned to do well.
http://www.eqtm.in/n4YZj
Specialty chemical companies are seeing strong demand. Check out the latest developments and the stocks that are positioned to do well.
http://www.eqtm.in/n4YZj
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Forwarded from Fast Profits Daily
The Dow Jones experienced a bearish trend, closing below 34,000 and forming an Evening-Star candlestick pattern, indicating a potential reversal. Meanwhile, the S&P500 retested the breakout level at 4,335 and managed to close marginally in the green.
Nifty is currently facing resistance within the crucial range of 18777-18887, exhibiting a lackluster momentum. The hourly chart reveals a bearish harmonic pattern, suggesting a bearish outlook. However, the bearish harmonic pattern will be invalidated if there is a break above the 18800 level.
The BankNifty bulls are currently experiencing a loss of momentum as they approach all-time highs within the range of 44000-44100. A breakdown may be confirmed if the key level of 43700 is breached. Interestingly, a fractal pattern reminiscent of the structure observed between December 2019 and January 2020 is evident, and the outcome of that period is well-known in market history.
SGXNifty indicates a flat to negative opening around 18,800.
#SGXNifty
#PreMarket
Nifty is currently facing resistance within the crucial range of 18777-18887, exhibiting a lackluster momentum. The hourly chart reveals a bearish harmonic pattern, suggesting a bearish outlook. However, the bearish harmonic pattern will be invalidated if there is a break above the 18800 level.
The BankNifty bulls are currently experiencing a loss of momentum as they approach all-time highs within the range of 44000-44100. A breakdown may be confirmed if the key level of 43700 is breached. Interestingly, a fractal pattern reminiscent of the structure observed between December 2019 and January 2020 is evident, and the outcome of that period is well-known in market history.
SGXNifty indicates a flat to negative opening around 18,800.
#SGXNifty
#PreMarket
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Stock Market Update - SGX Nifty Down 33 Points | Vodafone Idea's Revival Plan | 3i Infotech to Set Up AI Lab | Top Buzzing Stocks Today
Top cues to track in today's stock market session.
http://www.eqtm.in/Ps6f4
Top cues to track in today's stock market session.
http://www.eqtm.in/Ps6f4
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Stock Market Update - Sensex Today Trades Flat | Poly Medicure Rallies 8% | Nestle India & Maruti Suzuki Top Gainers
Indian share markets are trading on a flat note with the Sensex trading 37 points higher, while the Nifty is trading higher by 23 points.
http://www.eqtm.in/y4J8T
Indian share markets are trading on a flat note with the Sensex trading 37 points higher, while the Nifty is trading higher by 23 points.
http://www.eqtm.in/y4J8T
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India’s Lithium Megatrend: Should You Consider EV Stocks or EV Battery Stocks?
The classical approach to stock selection may not work in this case.
India’s Lithium Megatrend
Here’s an extract…
Recently, the Geological Survey of India (GSI) discovered substantial reserves of lithium in the Nagaur district in Rajasthan.
These reserves are said to contain significantly more lithium than the 5.9 m tonnes found in Jammu and Kashmir earlier.
The mere discovery of the lithium reserves isn’t automatically going to change everything. We will need to build processing infrastructure and expertise.
So, instead of scampering to be part of the lithium gold rush you need to carefully observe who is making the real money.
http://www.eqtm.in/o8GBb
The classical approach to stock selection may not work in this case.
India’s Lithium Megatrend
Here’s an extract…
Recently, the Geological Survey of India (GSI) discovered substantial reserves of lithium in the Nagaur district in Rajasthan.
These reserves are said to contain significantly more lithium than the 5.9 m tonnes found in Jammu and Kashmir earlier.
The mere discovery of the lithium reserves isn’t automatically going to change everything. We will need to build processing infrastructure and expertise.
So, instead of scampering to be part of the lithium gold rush you need to carefully observe who is making the real money.
http://www.eqtm.in/o8GBb
👍2
Forwarded from Fast Profits Daily
Unveiling Opportunities: Banking Nifty, Private Banks, and PSU Banks 📉
#TradingOpportunity
#KeepItSimple
#TradingOpportunity
#KeepItSimple
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Veteran Fund Manager Picks Stake in Smallcap Textile Company. Stock Zooms 20%
Find out why this fund manager turned bullish on the largest producer of PV dyed yarn in Asia.
Madhusudan Kela Bought a Stake in This Stock
Here’s an extract…
Data from the exchanges shows that ace investor Madhuri Kela, wife of Madhusudan Kela, picked up a stake in a smallcap textile firm.
The stock rallied over 17% yesterday to touch a new 52-week high. Today, the stock is up 2%.
Known for his ability to identify quality companies with strong growth prospects, Madhusudan Kela is one of the most well-known and seasoned investors in the Indian stock market, with an extensive experience of over 27 years.
Read on to know more…
http://www.eqtm.in/a8H6T
Find out why this fund manager turned bullish on the largest producer of PV dyed yarn in Asia.
Madhusudan Kela Bought a Stake in This Stock
Here’s an extract…
Data from the exchanges shows that ace investor Madhuri Kela, wife of Madhusudan Kela, picked up a stake in a smallcap textile firm.
The stock rallied over 17% yesterday to touch a new 52-week high. Today, the stock is up 2%.
Known for his ability to identify quality companies with strong growth prospects, Madhusudan Kela is one of the most well-known and seasoned investors in the Indian stock market, with an extensive experience of over 27 years.
Read on to know more…
http://www.eqtm.in/a8H6T
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Stock Market Update - Sensex Today Ends 311 Points Lower | IT Stocks Drag | Hero MotoCorp & ZEE Entertainment Slips 4%
Indian share markets ends negative. The BSE Sensex ended 311 points lower while the Nifty ended down by 68 points.
http://www.eqtm.in/Lc4s8
Indian share markets ends negative. The BSE Sensex ended 311 points lower while the Nifty ended down by 68 points.
http://www.eqtm.in/Lc4s8
Forwarded from India Revival with Tanushree Banerjee
Infosys and TCS Can Hedge Risk to Fancy AI Stocks
Investors looking to buy fancy AI stocks may have to shell out a fortune in terms of valuations.
Click for More...
http://www.eqtm.in/Xr7c6
Investors looking to buy fancy AI stocks may have to shell out a fortune in terms of valuations.
Click for More...
http://www.eqtm.in/Xr7c6
Ace Investor Ashish Kacholia Trims Stake in Smallcap IT Firm, Enters IPO-Bound Stock
Big whale adds exposure to IPO-bound stock, turns bearish on IT company. Here’s why…
http://www.eqtm.in/s5QGn
Big whale adds exposure to IPO-bound stock, turns bearish on IT company. Here’s why…
http://www.eqtm.in/s5QGn
Forwarded from Fast Profits Daily
The US markets surged by over one percent, with the S&P500 reaching a 52-week high.
Nifty crossed the barrier of 18,777, trapping the bulls, as a bearish harmonic pattern on the hourly chart caused the index to dip over 100 points from its peak. The bearish engulfing pattern at the high point of 18,800 acts as a hurdle for the bulls.
Despite Nifty showing a bullish trend with a lower high and lower low structure, the time cycle theory suggests that the fall will continue until yesterday's high is breached.
BankNifty experienced the highest degree of underperformance among sectorial indices, declining by 1.24%. Both the Private Bank Index and PSU Bank Index encountered breakdowns on their respective charts.
The ascent of BankNifty towards the 43,700-43,800 range could present an opportunity for bearish traders, while a break below 43,375 would intensify the bearish sentiment, targeting the 42,900-42,500 zone.
SGX Nifty is signalling a gap up of 40 points at 18,800.
#SGXNifty
#PreMarket
Nifty crossed the barrier of 18,777, trapping the bulls, as a bearish harmonic pattern on the hourly chart caused the index to dip over 100 points from its peak. The bearish engulfing pattern at the high point of 18,800 acts as a hurdle for the bulls.
Despite Nifty showing a bullish trend with a lower high and lower low structure, the time cycle theory suggests that the fall will continue until yesterday's high is breached.
BankNifty experienced the highest degree of underperformance among sectorial indices, declining by 1.24%. Both the Private Bank Index and PSU Bank Index encountered breakdowns on their respective charts.
The ascent of BankNifty towards the 43,700-43,800 range could present an opportunity for bearish traders, while a break below 43,375 would intensify the bearish sentiment, targeting the 42,900-42,500 zone.
SGX Nifty is signalling a gap up of 40 points at 18,800.
#SGXNifty
#PreMarket
👍8
Forwarded from Fast Profits Daily
BankNifty Futures - Opportunity for Bears 🐻
BankNifty Futures witnessed a notable rise in the first 30mins of the day, presenting a potential opportunity for the bears. The index is expected to retest the breakdown level at the 43,800-44,000 zone, indicating a selling zone.
Additionally, it is crucial to note that the 200-Hourly Exponential Moving Average (HEMA) is currently positioned at 43,825. The recent break below this moving average after a span of 76 days suggests a potential reversal in the short-term trend.
Considering these factors, it is an opportune time for bearish traders to closely monitor the BankNifty Futures. The retest of the breakdown level and the breach of the 200HEMA indicate a favourable environment for potential short positions.
In the upcoming trading sessions, the level of 43,375 may act as a support.
The strategy for bears can involve looking for short positions in Bank Nifty Futures or purchasing put options on the index.
Happy trading!
#BankNiftyFutures
#KeepItSimple
BankNifty Futures witnessed a notable rise in the first 30mins of the day, presenting a potential opportunity for the bears. The index is expected to retest the breakdown level at the 43,800-44,000 zone, indicating a selling zone.
Additionally, it is crucial to note that the 200-Hourly Exponential Moving Average (HEMA) is currently positioned at 43,825. The recent break below this moving average after a span of 76 days suggests a potential reversal in the short-term trend.
Considering these factors, it is an opportune time for bearish traders to closely monitor the BankNifty Futures. The retest of the breakdown level and the breach of the 200HEMA indicate a favourable environment for potential short positions.
In the upcoming trading sessions, the level of 43,375 may act as a support.
The strategy for bears can involve looking for short positions in Bank Nifty Futures or purchasing put options on the index.
Happy trading!
#BankNiftyFutures
#KeepItSimple
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Stock Market Update - Sensex Today Trades Higher, Nifty Above 18,750 | Hindalco & ITC Top Gainers | IKIO Lists At 37% Premium
Indian share markets are trading on a positive note with the Sensex up by 285 points, while the Nifty is trading higher by 80 points.
http://www.eqtm.in/Pr8y7
Indian share markets are trading on a positive note with the Sensex up by 285 points, while the Nifty is trading higher by 80 points.
http://www.eqtm.in/Pr8y7
This Smallcap Could Be to Tesla What Foxconn is to Apple
This company could deliver asymmetric payoffs from the EV megatrend.
Exciting Smallcap EV Stock
Here’s an extract…
As an analyst, I’m keen on finding potential smallcaps that could be to Tesla or to the EV megatrend, what Foxconn is to Apple.
And I believe my team and I have come across an interesting smallcap candidate in this regard.
This company is the go-to player for almost all electric 2-wheeler and 3-wheeler OEMs in India.
While entry of Tesla could potentially leas to a huge asymmetric payoff, I expect this company to do well in any case.
Read on for more…
http://www.eqtm.in/b9N6B
This company could deliver asymmetric payoffs from the EV megatrend.
Exciting Smallcap EV Stock
Here’s an extract…
As an analyst, I’m keen on finding potential smallcaps that could be to Tesla or to the EV megatrend, what Foxconn is to Apple.
And I believe my team and I have come across an interesting smallcap candidate in this regard.
This company is the go-to player for almost all electric 2-wheeler and 3-wheeler OEMs in India.
While entry of Tesla could potentially leas to a huge asymmetric payoff, I expect this company to do well in any case.
Read on for more…
http://www.eqtm.in/b9N6B
👍1
Forwarded from Fast Profits Daily
AI is the buzzing sector, are you following stocks in this domain?
https://www.equitymaster.com/india-markets/artificialintelgce/Artificial-Intelligence-heatmap
https://www.equitymaster.com/india-markets/artificialintelgce/Artificial-Intelligence-heatmap
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Why Paytm Share Price is Rising
Paytm shares soar to yearly high on robust operational performance and growth prospects. What next?
Paytm Stock Rises
Here’s an extract…
In the past one year, Paytm share price has gained 43%. In 2023 so far, the stock is up a massive 65%.
In the past five days, the stock has rallied around 10%.
However, Paytm is still far away from its listing price and even the issue price of Rs 2,150.
So what's behind the sudden optimism surrounding Paytm and what lies ahead for the company?
http://www.eqtm.in/Rz87K
Paytm shares soar to yearly high on robust operational performance and growth prospects. What next?
Paytm Stock Rises
Here’s an extract…
In the past one year, Paytm share price has gained 43%. In 2023 so far, the stock is up a massive 65%.
In the past five days, the stock has rallied around 10%.
However, Paytm is still far away from its listing price and even the issue price of Rs 2,150.
So what's behind the sudden optimism surrounding Paytm and what lies ahead for the company?
http://www.eqtm.in/Rz87K
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Stock Market Update - Sensex Today Gains 467 Points to End at Record High | Finance, Banking Stocks Surge | HDFC Life Rallies 6%
Indian share markets end on a strong note. The BSE Sensex ended 467 points higher while the Nifty surged 138 points.
http://www.eqtm.in/q7R2T
Indian share markets end on a strong note. The BSE Sensex ended 467 points higher while the Nifty surged 138 points.
http://www.eqtm.in/q7R2T
Top 5 Stocks Mutual Funds Bought and Sold in May 2023
A look at what India’s top equity mutual funds bought and sold in May 2023.
May 2023 Mutual Fund Activity
Here’s an extract…
Amid a sustained rally in Indian markets, investors opted to book profits in the month of May 2023 and redeem at least some of their mutual fund investments.
Data released by the mutual fund association AMFI showed that redemptions in active equity mutual funds hit a 20-month high in May 2023.
Despite a steep fall in inflows, systematic investment plans (SIPs) continued their good run.
Read on for more…
http://www.eqtm.in/Lk89R
A look at what India’s top equity mutual funds bought and sold in May 2023.
May 2023 Mutual Fund Activity
Here’s an extract…
Amid a sustained rally in Indian markets, investors opted to book profits in the month of May 2023 and redeem at least some of their mutual fund investments.
Data released by the mutual fund association AMFI showed that redemptions in active equity mutual funds hit a 20-month high in May 2023.
Despite a steep fall in inflows, systematic investment plans (SIPs) continued their good run.
Read on for more…
http://www.eqtm.in/Lk89R
Gearing Up for Growth: 5 Stocks to Watch Out in Anticipation of a Bull Market
With strong signs of a bull market ahead, here are five stocks that you must keep an eye on.
Stocks for a Bull Market
Here’s an extract…
Last week, the US benchmark S&P 500 officially entered a bull market after it surged 20% from its October 2022 lows.
Global markets often join the bandwagon and mimic the performance of US markets. Not surprisingly, Asian markets have continued their good run.
Indian share markets are also making headlines as they near record high. Sensex and Nifty registered their all-time high closing on Friday this week. Markets are expected to continue the good run.
If there’s a bull market in India, here's a list of five stocks that should be on your watchlist.
http://www.eqtm.in/k9Q6P
With strong signs of a bull market ahead, here are five stocks that you must keep an eye on.
Stocks for a Bull Market
Here’s an extract…
Last week, the US benchmark S&P 500 officially entered a bull market after it surged 20% from its October 2022 lows.
Global markets often join the bandwagon and mimic the performance of US markets. Not surprisingly, Asian markets have continued their good run.
Indian share markets are also making headlines as they near record high. Sensex and Nifty registered their all-time high closing on Friday this week. Markets are expected to continue the good run.
If there’s a bull market in India, here's a list of five stocks that should be on your watchlist.
http://www.eqtm.in/k9Q6P
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How to Invest in the Future of Artificial Intelligence
Get started with your AI investing journey here.
Get Started With Investing in AI Stocks
Here’s an extract…
We believe investing in AI stocks in India can create huge wealth in the coming years.
The AI sector in India is rapidly growing and has significant potential. India is home to a large number of technology companies that are investing in AI research and development.
Although picking stocks in a growth industry comes with a lot of uncertainty, the top AI stocks are all worth considering. Plenty of companies can profit from AI. There are many opportunities here.
Dalal Street analysts are touting the best artificial intelligence stocks in India amid a surge in investor interest. But if you're looking for the best AI stocks, it's a good time to be cautious amid the hype.
http://www.eqtm.in/f3PGk
Get started with your AI investing journey here.
Get Started With Investing in AI Stocks
Here’s an extract…
We believe investing in AI stocks in India can create huge wealth in the coming years.
The AI sector in India is rapidly growing and has significant potential. India is home to a large number of technology companies that are investing in AI research and development.
Although picking stocks in a growth industry comes with a lot of uncertainty, the top AI stocks are all worth considering. Plenty of companies can profit from AI. There are many opportunities here.
Dalal Street analysts are touting the best artificial intelligence stocks in India amid a surge in investor interest. But if you're looking for the best AI stocks, it's a good time to be cautious amid the hype.
http://www.eqtm.in/f3PGk