IDFC First Bank: The Next Kotak or the Next Yes Bank?
A detailed analysis of IDFC First Bank's meteoric rise
Is IDFC First Bank a Good Stock?
Here’s an extract…
Having a long-term investing perspective is one of your best chances to outperform your fellow investors whose time horizon doesn't extend beyond a year or two.
Therefore, once you get into a good quality stock with strong growth potential, the idea should be to hold on to it for the long term.
You should stay put at least till the business quality is intact and not worry too much about near term valuations.
Is IDFC First Bank one such stock?
Read on to find out…
http://www.eqtm.in/Hp6y8
A detailed analysis of IDFC First Bank's meteoric rise
Is IDFC First Bank a Good Stock?
Here’s an extract…
Having a long-term investing perspective is one of your best chances to outperform your fellow investors whose time horizon doesn't extend beyond a year or two.
Therefore, once you get into a good quality stock with strong growth potential, the idea should be to hold on to it for the long term.
You should stay put at least till the business quality is intact and not worry too much about near term valuations.
Is IDFC First Bank one such stock?
Read on to find out…
http://www.eqtm.in/Hp6y8
Stock Market Update - Sensex Today Trades Flat | M&M, IndusInd Bank Top Losers | ICICI Securities Surges 11%
Indian share markets are trading flat with the Sensex down by 39 points, while the Nifty is trading up by 2 points.
http://www.eqtm.in/Tr6e5
Indian share markets are trading flat with the Sensex down by 39 points, while the Nifty is trading up by 2 points.
http://www.eqtm.in/Tr6e5
Forwarded from Fast Profits Daily
The Blossom Amidst the Desert – HCL Tech hits 52W High
Despite the prevailing weakness in the IT sector, HCL Tech has reached a 52-week high showcasing its remarkable performance in the market. The stock price is standing just 8% below its all-time high (ATH).
The ratio chart for HCL Tech has also caught everyone's attention, as it highlights its exceptional outperformance against the Nifty IT index. This chart breakout occurred in April 2023, marking a significant turning point for the company.
Investors and traders are buzzing with enthusiasm, witnessing HCL Tech's upward trajectory.
#HCLTech
#ITStocks
#KeepItSimple
Despite the prevailing weakness in the IT sector, HCL Tech has reached a 52-week high showcasing its remarkable performance in the market. The stock price is standing just 8% below its all-time high (ATH).
The ratio chart for HCL Tech has also caught everyone's attention, as it highlights its exceptional outperformance against the Nifty IT index. This chart breakout occurred in April 2023, marking a significant turning point for the company.
Investors and traders are buzzing with enthusiasm, witnessing HCL Tech's upward trajectory.
#HCLTech
#ITStocks
#KeepItSimple
👍9
Forwarded from Fast Profits Daily
Nifty – The Bearish Patterns on Short-term Chart 📉
The Nifty 30mins chart is showing intriguing topping patterns, including a Double Top and an Inverse Cup and Handle formation.
If the price sustains a move below the critical support level of 18630, it could accelerate the bearish momentum, especially considering the truncated and expiry week ahead. This breakdown might indicate a shift in sentiment and potentially lead to further downside movement in the Nifty.
Double Top: The presence of a Double Top pattern occurs when the price reaches a peak level twice, followed by a decline. It suggests that the market may struggle to push higher and could reverse its trend.
Inverse Cup and Handle: The Inverse Cup and Handle pattern is characterized by a rounded bottom (cup), followed by a slight upward correction (handle) before a potential downside breakout. It indicates a possible trend reversal from bullish to bearish.
#Nifty
#KeepItSimple
The Nifty 30mins chart is showing intriguing topping patterns, including a Double Top and an Inverse Cup and Handle formation.
If the price sustains a move below the critical support level of 18630, it could accelerate the bearish momentum, especially considering the truncated and expiry week ahead. This breakdown might indicate a shift in sentiment and potentially lead to further downside movement in the Nifty.
Double Top: The presence of a Double Top pattern occurs when the price reaches a peak level twice, followed by a decline. It suggests that the market may struggle to push higher and could reverse its trend.
Inverse Cup and Handle: The Inverse Cup and Handle pattern is characterized by a rounded bottom (cup), followed by a slight upward correction (handle) before a potential downside breakout. It indicates a possible trend reversal from bullish to bearish.
#Nifty
#KeepItSimple
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Sensex Today Ends Flat | Sun Pharma Advanced Research Zooms 9% | IdeaForge IPO Subscribed 2x
Indian share markets ends flat. The BSE Sensex ended lower by 9 points while the Nifty ended higher by 26 points.
http://www.eqtm.in/Fb58A
Indian share markets ends flat. The BSE Sensex ended lower by 9 points while the Nifty ended higher by 26 points.
http://www.eqtm.in/Fb58A
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Why ICICI Securities Share Price is Rising
ICICI Securities shares surge 15% on delisting plan, hit 52-week high. What's next?
ICICI Securities Stock Rises
Here’s an extract…
Shares of ICICI Securities witnessed a remarkable surge on Monday as its shares soared by 15%, reaching a 52-week high of Rs 650. This impressive surge propelled the stock to its highest level since November 2022.
These gains were in addition to a 7.14% jump that the stock witnessed on Friday despite the frontline indices S&P BSE Sensex and Nifty 50 ending in the red.
The stock has been on an upward trajectory over the last four trading sessions, demonstrating remarkable growth of 27%.
http://www.eqtm.in/Np4i8
ICICI Securities shares surge 15% on delisting plan, hit 52-week high. What's next?
ICICI Securities Stock Rises
Here’s an extract…
Shares of ICICI Securities witnessed a remarkable surge on Monday as its shares soared by 15%, reaching a 52-week high of Rs 650. This impressive surge propelled the stock to its highest level since November 2022.
These gains were in addition to a 7.14% jump that the stock witnessed on Friday despite the frontline indices S&P BSE Sensex and Nifty 50 ending in the red.
The stock has been on an upward trajectory over the last four trading sessions, demonstrating remarkable growth of 27%.
http://www.eqtm.in/Np4i8
👍2
Why Tata Group Shares Continue to Rally?
The Tata group stocks have delivered phenomenal returns to its shareholders over the last few years. What factors contribute to their exceptional market performance?
http://www.eqtm.in/k9C6R
The Tata group stocks have delivered phenomenal returns to its shareholders over the last few years. What factors contribute to their exceptional market performance?
http://www.eqtm.in/k9C6R
👍1
Forwarded from Fast Profits Daily
The US markets traded with a mixed tone as the Dow Jones ended the day on a relatively flat note, while the S&P 500 closed 0.45% lower, primarily driven by a decline in IT stocks. Additionally, the Nasdaq experienced a significant dip of 1.36%.
Indian markets traded within a certain range throughout the day, but managed to close marginally in the green zone, with the Nifty holding the crucial support level of 18,600.
The presence of a double top followed by a cup and handle pattern on the short-term chart indicates a bearish momentum below the level of 18,630. For the bulls, the key hurdle lies at 18,811.
BankNifty has been oscillating within the range of 43,400-44,100 over the past few days, indicating a consolidation phase. However, the market anticipates an increase in volatility as a breakout on either side becomes more likely.
#SGXNifty
#PreMarket
Indian markets traded within a certain range throughout the day, but managed to close marginally in the green zone, with the Nifty holding the crucial support level of 18,600.
The presence of a double top followed by a cup and handle pattern on the short-term chart indicates a bearish momentum below the level of 18,630. For the bulls, the key hurdle lies at 18,811.
BankNifty has been oscillating within the range of 43,400-44,100 over the past few days, indicating a consolidation phase. However, the market anticipates an increase in volatility as a breakout on either side becomes more likely.
#SGXNifty
#PreMarket
👍7❤3
Stock Market Update - SGX Nifty Up 31 Points | Chalte Hotels Fund Raising Plans | TCS Partners Standard Life | Top Buzzing Stocks Today
Top cues to track in today's stock market session.
http://www.eqtm.in/n6M8L
Top cues to track in today's stock market session.
http://www.eqtm.in/n6M8L
Forwarded from Fast Profits Daily
Nifty - Aakhir Karna kya Chahte Ho? 😛
The battle for supremacy in the market continues as the bulls fiercely fight to protect the crucial support level of 18,600-18,650. These determined bulls are unwilling to let the bears break through this critical barrier!
On the other side, the bears are not backing down either. They have set their sights on defending the All-Time High (ATH) with all their might. The bears are determined to prevent any further upward movement and maintain their dominance in the market.
This epic clash between the bulls and bears has created an exhilarating atmosphere in the financial realm. The struggle for control is evident, with both sides employing their strategies and tactics to outmanoeuvre each other.
As the tension builds and emotions run high, it's important to patiently wait for either side to break out.
#Nifty
#KeepItSimple
The battle for supremacy in the market continues as the bulls fiercely fight to protect the crucial support level of 18,600-18,650. These determined bulls are unwilling to let the bears break through this critical barrier!
On the other side, the bears are not backing down either. They have set their sights on defending the All-Time High (ATH) with all their might. The bears are determined to prevent any further upward movement and maintain their dominance in the market.
This epic clash between the bulls and bears has created an exhilarating atmosphere in the financial realm. The struggle for control is evident, with both sides employing their strategies and tactics to outmanoeuvre each other.
As the tension builds and emotions run high, it's important to patiently wait for either side to break out.
#Nifty
#KeepItSimple
👍10❤1
Stock Market Update - Sensex Today Trades Higher | Force Motors Rallies 7% | Bharti Airtel & Tata Steel Among Top Gainers
Indian share markets are trading higher with the Sensex up by 127 points, while the Nifty is trading up by 42 points.
http://www.eqtm.in/Jr45R
Indian share markets are trading higher with the Sensex up by 127 points, while the Nifty is trading up by 42 points.
http://www.eqtm.in/Jr45R
Invest in Soup and Salad Stocks in this Market
My contrariant view on the smallcap rally.
Soup and Salad Stocks
Here’s an extract…
Not every stock that goes up, when the index goes up, is investment worthy. A large number of them are speculative.
Likewise, not every stock that goes down, when the index goes down, is speculative. A good number of them are investment worthy.
The trick to doing well in investing to differentiate between investment and speculation and then having the discipline of staying away from speculative ones.
http://www.eqtm.in/c2Z9W
My contrariant view on the smallcap rally.
Soup and Salad Stocks
Here’s an extract…
Not every stock that goes up, when the index goes up, is investment worthy. A large number of them are speculative.
Likewise, not every stock that goes down, when the index goes down, is speculative. A good number of them are investment worthy.
The trick to doing well in investing to differentiate between investment and speculation and then having the discipline of staying away from speculative ones.
http://www.eqtm.in/c2Z9W
❤1
Why SJVN Share Price is Rising
Here’s why shares of this mid-cap company touched their 52-week high yesterday.
SJVN Stock Rises
Here’s an extract…
In the last one month, benchmark indices have seen a dream run with both the Sensex and Nifty reaching all-time highs.
Tracking the performance of the indices, many stocks also rallied on the bourses. One of them was SJVN. The stock is up around 10% in the last five days. In fact, it touched its all-time high of Rs 42.9.
So, what is the reason behind the recent rally?
Let’s find out…
http://www.eqtm.in/Sr7d6
Here’s why shares of this mid-cap company touched their 52-week high yesterday.
SJVN Stock Rises
Here’s an extract…
In the last one month, benchmark indices have seen a dream run with both the Sensex and Nifty reaching all-time highs.
Tracking the performance of the indices, many stocks also rallied on the bourses. One of them was SJVN. The stock is up around 10% in the last five days. In fact, it touched its all-time high of Rs 42.9.
So, what is the reason behind the recent rally?
Let’s find out…
http://www.eqtm.in/Sr7d6
👍3
Why Shree Cement Share Price is Falling
The stock is down more than 8% in the last five days. Here’s why.
Shree Cement Stock Falls
Here’s an extract…
The stock of Shree Cement has seen its biggest single day drop in the last three years.
The stock has already been under pressure since the beginning of the year. But it has fallen by more than 8% in the last five days. Over the past month, the company’s shares have declined by more than 6%.
So, what led to a sudden decline in its share price?
Read on to find out…
http://www.eqtm.in/So32T
The stock is down more than 8% in the last five days. Here’s why.
Shree Cement Stock Falls
Here’s an extract…
The stock of Shree Cement has seen its biggest single day drop in the last three years.
The stock has already been under pressure since the beginning of the year. But it has fallen by more than 8% in the last five days. Over the past month, the company’s shares have declined by more than 6%.
So, what led to a sudden decline in its share price?
Read on to find out…
http://www.eqtm.in/So32T
Why Interglobe Aviation Ltd Share Price is Rising
Indian airlines are known for their mischiefs and managing an airline business is not so easy. How has IndiGo managed to take-off in recent months then?
Indigo Stock Rises
Here’s an extract…
In the past one year, shares of the company have rallied more than 50% with most of the gains coming in the recent three months.
In the past one month, IndiGo shares have gained 6%. In the past one year, shares are up 52%.
And on a year to date basis, IndiGo share price has gained 21%.
Indian airline companies are known for their bad reputation as managing an airline business is not so easy.
So, what has suddenly changed for IndiGo and what do the growth prospects look like?
Let’s first take a look at why the airline company’s stock is on the rise.
http://www.eqtm.in/c9N3Z
Indian airlines are known for their mischiefs and managing an airline business is not so easy. How has IndiGo managed to take-off in recent months then?
Indigo Stock Rises
Here’s an extract…
In the past one year, shares of the company have rallied more than 50% with most of the gains coming in the recent three months.
In the past one month, IndiGo shares have gained 6%. In the past one year, shares are up 52%.
And on a year to date basis, IndiGo share price has gained 21%.
Indian airline companies are known for their bad reputation as managing an airline business is not so easy.
So, what has suddenly changed for IndiGo and what do the growth prospects look like?
Let’s first take a look at why the airline company’s stock is on the rise.
http://www.eqtm.in/c9N3Z
👍3
Why Tata Consumer Share Price is Rising
As consumers' purchasing power improves and consumption patterns evolve, Tata Consumer looks poised to capitalise on these opportunities.
Tata Consumer Rises
Here’s an extract…
Tata Consumer Products is a focused consumer products company uniting the principal food and beverage interests of the Tata Group under one umbrella.
In the past one month, Tata Consumer share price has gained over 8%. On a year to date basis, the stock is up 12%.
While in the past five days, Tata Consumer share price has rallied about 19%.
Read on for more…
http://www.eqtm.in/y6M7T
As consumers' purchasing power improves and consumption patterns evolve, Tata Consumer looks poised to capitalise on these opportunities.
Tata Consumer Rises
Here’s an extract…
Tata Consumer Products is a focused consumer products company uniting the principal food and beverage interests of the Tata Group under one umbrella.
In the past one month, Tata Consumer share price has gained over 8%. On a year to date basis, the stock is up 12%.
While in the past five days, Tata Consumer share price has rallied about 19%.
Read on for more…
http://www.eqtm.in/y6M7T
Top 5 Multibagger Penny Stocks of 2023 So Far. Take a Look...
Some penny stocks have rallied up to 700% while gains ranging 200-400% has become the norm.
Top Performing Penny Stocks in 2023
Here’s an extract…
How does the penny stocks market look like, now that we’re six months into 2023?
After running a query to see what kind of gains these little minnows have delivered, we have to say…the gains are pretty spectacular.
Some companies have rallied up to 700% while gains ranging 200-400% has become the norm.
Let’s take a look at some of the top performing penny stocks of 2023 so far.
http://www.eqtm.in/o2S3T
Some penny stocks have rallied up to 700% while gains ranging 200-400% has become the norm.
Top Performing Penny Stocks in 2023
Here’s an extract…
How does the penny stocks market look like, now that we’re six months into 2023?
After running a query to see what kind of gains these little minnows have delivered, we have to say…the gains are pretty spectacular.
Some companies have rallied up to 700% while gains ranging 200-400% has become the norm.
Let’s take a look at some of the top performing penny stocks of 2023 so far.
http://www.eqtm.in/o2S3T
👍3
Stock Market Update - Sensex Today Ends Flat | Aditya Birla Capital Soars 6%, SBI 3% | HDFC Bank & Bharti Airtel Top Gainers
Indian share markets ends higher. The BSE Sensex ended higher by 446 points while the Nifty ended higher by 126 points.
http://www.eqtm.in/Pk59A
Indian share markets ends higher. The BSE Sensex ended higher by 446 points while the Nifty ended higher by 126 points.
http://www.eqtm.in/Pk59A
👍3
The IPO Markets Are Buzzing Once Again. Here Are 4 Companies to Track Now...
The IPO frenzy is back in full swing as these four SMEs gear up for their public debut. More details inside.
SME IPO Frenzy
Here’s an extract…
The SME IPO segment is currently experiencing a bustling surge of activity as small and medium enterprises seize the opportunity to tap into the public markets.
Last week, we wrote to you four SME IPOs that were opening up for subscriptions. This week brings even more excitement as four more SME IPOs are set to hit the market.
Collectively, these companies have set their sights on raising over Rs 1.1 billion (bn) through their public offerings.
Here are the four SME IPOs opening up for subscription this week.
http://www.eqtm.in/Tf8p3
The IPO frenzy is back in full swing as these four SMEs gear up for their public debut. More details inside.
SME IPO Frenzy
Here’s an extract…
The SME IPO segment is currently experiencing a bustling surge of activity as small and medium enterprises seize the opportunity to tap into the public markets.
Last week, we wrote to you four SME IPOs that were opening up for subscriptions. This week brings even more excitement as four more SME IPOs are set to hit the market.
Collectively, these companies have set their sights on raising over Rs 1.1 billion (bn) through their public offerings.
Here are the four SME IPOs opening up for subscription this week.
http://www.eqtm.in/Tf8p3
👍1
Is Rerating on The Cards For This Undervalued NBFC?
Find out why I believe this Housing Finance Stock merits attention.
http://www.eqtm.in/Br2y6
Find out why I believe this Housing Finance Stock merits attention.
http://www.eqtm.in/Br2y6
❤1
Forwarded from Fast Profits Daily
Fast Profits Daily - Can HCL Tech Lead Nifty IT Higher?
What's the technical outlook on HCL Tech? Find out...
http://www.eqtm.in/Fc68X
What's the technical outlook on HCL Tech? Find out...
http://www.eqtm.in/Fc68X