Forwarded from Fast Profits Daily
As we approach the end of the first half of 2023, it has been a volatile period; however, the Indian benchmark indices, Nifty and Sensex may end on a positive note with gains of ~5%.
The 2H2022 concluded with remarkable gains of around 15%. The primary trend remains bullish, with significant support levels observed at 57,000 for Sensex and 16,700 for Nifty.
The short covering rally on the expiry day propelled Nifty beyond the 19,000 mark. Sustained movement above 19,000 in the initial 30 minutes of the day is expected to further accelerate the follow-up momentum, potentially driving the index towards the 19,134 levels.
BankNifty is currently facing resistance at the 44,500 level, posing a challenge for the bulls who aim to sustain the ongoing rally. Breaking through this resistance zone becomes crucial for them. An unsustainable move above 44,500 and a weekly close below 44,189 would favor the bears, potentially granting them an advantage in the reversal.
#SGXNifty is trading with +130pts.
#PreMarket
The 2H2022 concluded with remarkable gains of around 15%. The primary trend remains bullish, with significant support levels observed at 57,000 for Sensex and 16,700 for Nifty.
The short covering rally on the expiry day propelled Nifty beyond the 19,000 mark. Sustained movement above 19,000 in the initial 30 minutes of the day is expected to further accelerate the follow-up momentum, potentially driving the index towards the 19,134 levels.
BankNifty is currently facing resistance at the 44,500 level, posing a challenge for the bulls who aim to sustain the ongoing rally. Breaking through this resistance zone becomes crucial for them. An unsustainable move above 44,500 and a weekly close below 44,189 would favor the bears, potentially granting them an advantage in the reversal.
#SGXNifty is trading with +130pts.
#PreMarket
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Stock Market Update - SGX Nifty Up 43 Points | Why Tata Motors Share Price is Rising | Synoptics Technologies IPO Opens Today | Top Buzzing Stocks Today
Top cues to track in today's stock market session.
http://www.eqtm.in/Jd59N
Top cues to track in today's stock market session.
http://www.eqtm.in/Jd59N
Stock Market Update - Sensex Today Rallies 440 Points | HDFC AMC Surges 11% | Infosys, M&M Top Gainers
Indian share markets are trading higher with the Sensex up by 440 points, while the Nifty is trading up by 120 points.
http://www.eqtm.in/Re9t3
Indian share markets are trading higher with the Sensex up by 440 points, while the Nifty is trading up by 120 points.
http://www.eqtm.in/Re9t3
The Most Crucial Factor in Picking the Best Smallcaps
When it comes to smallcaps, numbers alone don’t tell the real story.
How to Pick Smallcaps
Here’s an extract…
You could tick every single criterion on the quantitative checklist. And yet, you would fall flat on your face if the jockey you are betting on is weak.
Be it the past performance or the attractive valuations at which you may have bought the stock, there is no comfort in smallcaps if the management disappoints.
On the other hand, there are also some disasters we have avoided. You will not see them in our recommendations, and perhaps we will never get credit for it as they never made the cut.
http://www.eqtm.in/c6QNn
When it comes to smallcaps, numbers alone don’t tell the real story.
How to Pick Smallcaps
Here’s an extract…
You could tick every single criterion on the quantitative checklist. And yet, you would fall flat on your face if the jockey you are betting on is weak.
Be it the past performance or the attractive valuations at which you may have bought the stock, there is no comfort in smallcaps if the management disappoints.
On the other hand, there are also some disasters we have avoided. You will not see them in our recommendations, and perhaps we will never get credit for it as they never made the cut.
http://www.eqtm.in/c6QNn
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Stock Market Update - Sensex, Nifty Today End at Record High | JK Tyre Zooms 14%, Biocon 8% | 3 Reasons Why Indian Share Market is Rising
Indian share markets ended strong with the Sensex up by 803 points, while the Nifty ended higher by 217 points.
http://www.eqtm.in/Dp6b3
Indian share markets ended strong with the Sensex up by 803 points, while the Nifty ended higher by 217 points.
http://www.eqtm.in/Dp6b3
Why Tata Motors Share Price is Rising
Tata Motors stock price hits record high today. What's driving the rally?
Tata Motors Stock Rises
Here’s an extract…
Shares of Tata Motors have surged over 13% in the past month. Over the past five days, the stock is up 6%. The stock hit a record high of Rs 595 in early trade today.
In 2023, the company's shares have surged by over 44%, and in the past three months alone, they have gained more than 33%.
The company achieved a significant milestone by crossing the Rs 2 tn mark in market capitalisation, becoming the second private company to accomplish this feat.
Here is why shares of the company have been on a roll.
http://www.eqtm.in/p9RGb
Tata Motors stock price hits record high today. What's driving the rally?
Tata Motors Stock Rises
Here’s an extract…
Shares of Tata Motors have surged over 13% in the past month. Over the past five days, the stock is up 6%. The stock hit a record high of Rs 595 in early trade today.
In 2023, the company's shares have surged by over 44%, and in the past three months alone, they have gained more than 33%.
The company achieved a significant milestone by crossing the Rs 2 tn mark in market capitalisation, becoming the second private company to accomplish this feat.
Here is why shares of the company have been on a roll.
http://www.eqtm.in/p9RGb
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New YouTube Video on How to Find the Safest Midcap Stocks
When the markets are near all-time high… investors tend to shy away from buying stocks.
Because they believe that all the stocks must be trading at expensive valuations.
But that’s not true.
There are some pockets of the market where you can still find value if you dig deeper.
Want to know how to find such undervalued stocks with good upside potential?
Watch our new YouTube video on how to find the safest midcap stocks by clicking the link below...
https://youtu.be/wzywTY1PoO4
Tap here for details
www.equitymaster.com
When the markets are near all-time high… investors tend to shy away from buying stocks.
Because they believe that all the stocks must be trading at expensive valuations.
But that’s not true.
There are some pockets of the market where you can still find value if you dig deeper.
Want to know how to find such undervalued stocks with good upside potential?
Watch our new YouTube video on how to find the safest midcap stocks by clicking the link below...
https://youtu.be/wzywTY1PoO4
Tap here for details
www.equitymaster.com
Senco Gold IPO: 5 Things to Know
This jewellery company is coming out with its IPO next week. Should you apply?
Senco Gold IPO
Here’s an extract…
Incorporated in 1994, Senco Gold is a pan-India jewelry retailer. The products are sold under its brand name Senco Gold & Diamonds.
Senco Gold primarily sells gold and diamond jewelry along with jewelry made of silver, platinum, precious and semi-precious stones, and other metals.
The company also offers costume jewelry, gold, and silver coins, and utensils made of silver.
Read on to know more…
http://www.eqtm.in/Pk42R
This jewellery company is coming out with its IPO next week. Should you apply?
Senco Gold IPO
Here’s an extract…
Incorporated in 1994, Senco Gold is a pan-India jewelry retailer. The products are sold under its brand name Senco Gold & Diamonds.
Senco Gold primarily sells gold and diamond jewelry along with jewelry made of silver, platinum, precious and semi-precious stones, and other metals.
The company also offers costume jewelry, gold, and silver coins, and utensils made of silver.
Read on to know more…
http://www.eqtm.in/Pk42R
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Top 5 Emerging Bluechip Stocks to Add to Your Watchlist
These five companies are all set to capitalise on the next wave of growth. Take a look...
5 Emerging Bluechips
Here’s an extract…
While the big companies will get bigger, there are some smallcap and midcap companies that have the qualities that could make them a future bluechip stock.
These companies are called emerging bluechips.
We have shortlisted five such emerging blue chip companies using the Equitymaster stock screener.
Let’s take a look at each of them in detail…
http://www.eqtm.in/g9Q5S
These five companies are all set to capitalise on the next wave of growth. Take a look...
5 Emerging Bluechips
Here’s an extract…
While the big companies will get bigger, there are some smallcap and midcap companies that have the qualities that could make them a future bluechip stock.
These companies are called emerging bluechips.
We have shortlisted five such emerging blue chip companies using the Equitymaster stock screener.
Let’s take a look at each of them in detail…
http://www.eqtm.in/g9Q5S
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Ashish Kacholia Buys 4 Lakh Shares of this SME Stock that Rallied 156% in a Month
Bulk deal data shows that Kacholia bought 439,000 equity shares of this dental products supplier company yesterday.
Ashish Kacholia Bought This Stock
Here’s an extract…
Ashish Kacholia is one of the leading investors in the Indian stock market. He is often referred to as 'Big Whale'. Kacholia is known for identifying the best multibagger stocks.
Over the years, he has picked the best multibagger stocks by looking at the fastest-growing companies from the midcap and smallcap space.
The ace investor bought more than 4 lakh shares in a small-cap stock.
Read on to know more…
http://www.eqtm.in/t7Q2R
Bulk deal data shows that Kacholia bought 439,000 equity shares of this dental products supplier company yesterday.
Ashish Kacholia Bought This Stock
Here’s an extract…
Ashish Kacholia is one of the leading investors in the Indian stock market. He is often referred to as 'Big Whale'. Kacholia is known for identifying the best multibagger stocks.
Over the years, he has picked the best multibagger stocks by looking at the fastest-growing companies from the midcap and smallcap space.
The ace investor bought more than 4 lakh shares in a small-cap stock.
Read on to know more…
http://www.eqtm.in/t7Q2R
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Top 5 Companies that Have the Potential to Create Lasting Generational Wealth
The Indian stock market can be great a great source of wealth creation in the coming years. Five long-term stocks that must be on your radar to tap into this opportunity.
Generational Wealth Creators?
Here’s an extract…
In the world of investing, which can be a froth with volatility and unpredictability, there are certain stocks that have stood the test of time.
These companies have demonstrated remarkable resilience and have become the cornerstone of many investors' portfolios.
Keeping this in mind, here are five companies that have the potential to stand the test of time and deliver handsome returns simultaneously.
http://www.eqtm.in/f2DRx
The Indian stock market can be great a great source of wealth creation in the coming years. Five long-term stocks that must be on your radar to tap into this opportunity.
Generational Wealth Creators?
Here’s an extract…
In the world of investing, which can be a froth with volatility and unpredictability, there are certain stocks that have stood the test of time.
These companies have demonstrated remarkable resilience and have become the cornerstone of many investors' portfolios.
Keeping this in mind, here are five companies that have the potential to stand the test of time and deliver handsome returns simultaneously.
http://www.eqtm.in/f2DRx
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Top 5 Renewable Energy Stocks that Pay Good Dividends
Looking for dividend opportunities in the renewable energy sector? Here are top companies with a strong track record of dividend payments.
Dividend Paying Renewable Energy Stocks
Here’s an extract…
The energy sector is undergoing a disruptive shift as the market experiences a sudden infatuation with green energy. Investors worldwide are falling head over heels for green energy stocks, driven by the potential for significant returns.
By identifying financially sound companies in the renewable energy sector, investors can not only tap into potential growth but also benefit from consistent dividend payouts, creating a reliable income stream.
Here are five companies worth tracking.
http://www.eqtm.in/Hz87A
Looking for dividend opportunities in the renewable energy sector? Here are top companies with a strong track record of dividend payments.
Dividend Paying Renewable Energy Stocks
Here’s an extract…
The energy sector is undergoing a disruptive shift as the market experiences a sudden infatuation with green energy. Investors worldwide are falling head over heels for green energy stocks, driven by the potential for significant returns.
By identifying financially sound companies in the renewable energy sector, investors can not only tap into potential growth but also benefit from consistent dividend payouts, creating a reliable income stream.
Here are five companies worth tracking.
http://www.eqtm.in/Hz87A
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Forwarded from Fast Profits Daily
It's bullish in every nook and cranny of the world for equity traders on Friday as most of the benchmark indices closed up by a percent.
Nifty soared 3.53% in June, reaching an all-time high, marking the third consecutive month of bullish candles on the monthly chart. My video on Nifty reversal will fail if the close is above 19243 (spot).
BankNifty has made a strong comeback as it surpassed the resistance zone of 43500-44500, with HDFC Bank and IndusInd Bank leading the way.
The movement of HDFC Bank today will have a significant impact on the movements of both Nifty and BankNifty. Traders are advised to wait for the first 15-30 minutes for HDFC Bank prices to settle before making any trading decisions.
Gift Nifty indicates a positive opening with a gain of 75 points.
#PreMarket
#GiftNifty
Nifty soared 3.53% in June, reaching an all-time high, marking the third consecutive month of bullish candles on the monthly chart. My video on Nifty reversal will fail if the close is above 19243 (spot).
BankNifty has made a strong comeback as it surpassed the resistance zone of 43500-44500, with HDFC Bank and IndusInd Bank leading the way.
The movement of HDFC Bank today will have a significant impact on the movements of both Nifty and BankNifty. Traders are advised to wait for the first 15-30 minutes for HDFC Bank prices to settle before making any trading decisions.
Gift Nifty indicates a positive opening with a gain of 75 points.
#PreMarket
#GiftNifty
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Stock Market Update - Sensex Today Hits Record High, Crosses 65,000 Mark | SGX Nifty is Now Gift Nifty | Suzlon Energy Rallies 9%
Indian share markets are trading higher, with the Sensex up by 486 points, while the Nifty is trading up by 136 points.
http://www.eqtm.in/m4M3W
Indian share markets are trading higher, with the Sensex up by 486 points, while the Nifty is trading up by 136 points.
http://www.eqtm.in/m4M3W
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Markets at an All Time High: Is it Time to Switch from Value to Growth?
Is this the right time to switch from value to growth?
Value or Growth?
Here’s an extract…
As the markets reach a new all-time high, you shouldn’t worry about switching from value to growth or vice versa. But you should move from overvalued stocks to undervalued stock.
In fact, Buffett has even gone to the extent of saying that growth is nothing but a component in the calculation of value.
It constitutes a variable whose contribution can range from negligible to enormous and whose impact can be negative as well as positive.
Read on for more…
http://www.eqtm.in/Rp9o3
Is this the right time to switch from value to growth?
Value or Growth?
Here’s an extract…
As the markets reach a new all-time high, you shouldn’t worry about switching from value to growth or vice versa. But you should move from overvalued stocks to undervalued stock.
In fact, Buffett has even gone to the extent of saying that growth is nothing but a component in the calculation of value.
It constitutes a variable whose contribution can range from negligible to enormous and whose impact can be negative as well as positive.
Read on for more…
http://www.eqtm.in/Rp9o3
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Why JSW Steel Share Price is Rising
With domestic steel demand robust across sectors, driven by constructions and railways, JSW is all set to enjoy sectoral tailwinds.
JSW Steel Stock Rises
Here’s an extract…
JSW Steel is an Indian multinational steel-making company based in Mumbai and a part of the JSW Group.
The stock price of JSW Steel has been rising for consecutive sessions.
In the past 5 days, JSW Steel shares are up 6%. In the past one month, the stock has rallied around 12% while in the past one year, shares of the company have surged over 35%.
Let’s take a look at the factors driving the rally and how the long-term growth prospects look for the Indian steel giant.
http://www.eqtm.in/Jq84Y
With domestic steel demand robust across sectors, driven by constructions and railways, JSW is all set to enjoy sectoral tailwinds.
JSW Steel Stock Rises
Here’s an extract…
JSW Steel is an Indian multinational steel-making company based in Mumbai and a part of the JSW Group.
The stock price of JSW Steel has been rising for consecutive sessions.
In the past 5 days, JSW Steel shares are up 6%. In the past one month, the stock has rallied around 12% while in the past one year, shares of the company have surged over 35%.
Let’s take a look at the factors driving the rally and how the long-term growth prospects look for the Indian steel giant.
http://www.eqtm.in/Jq84Y
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Stock Market Update - Sensex Today Ends Above 65,000, Nifty Tops 19,300 | ITC Gains 3% | Grasim & BPCL Among Top Gainers
Indian share markets end on a positive note. The BSE Sensex rose 487 points while the Nifty ended higher by 134 points.
http://www.eqtm.in/p7T2K
Indian share markets end on a positive note. The BSE Sensex rose 487 points while the Nifty ended higher by 134 points.
http://www.eqtm.in/p7T2K
Stocks with Consistently Rising Promoter Holding? Here's a Watchlist for You to Track...
If promoters are willing to part with their personal money to buy shares in the open market, there's a good possibility they believe the stock is undervalued.
Rising Promoter Holding
Here’s an extract…
Promoter buying usually indicates that markets have priced in a lot worse in the stock than what is warranted.
If the promoters are willing to part with their personal money to buy stocks from open market, there is good possibility that they believe the stock is undervalued and will potentially rise in the future.
Keeping that in mind, let’s take a look at five stocks that have seen consistent promoter buying.
These companies are filtered using Equitymaster’s Indian stock screener and have witnessed promoter buying in more than four consecutive quarters.
http://www.eqtm.in/b3NRi
If promoters are willing to part with their personal money to buy shares in the open market, there's a good possibility they believe the stock is undervalued.
Rising Promoter Holding
Here’s an extract…
Promoter buying usually indicates that markets have priced in a lot worse in the stock than what is warranted.
If the promoters are willing to part with their personal money to buy stocks from open market, there is good possibility that they believe the stock is undervalued and will potentially rise in the future.
Keeping that in mind, let’s take a look at five stocks that have seen consistent promoter buying.
These companies are filtered using Equitymaster’s Indian stock screener and have witnessed promoter buying in more than four consecutive quarters.
http://www.eqtm.in/b3NRi
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Why MCX Share Price is Falling
MCX share price plunges 12%, drops the most in three years. What is dragging this monopoly stock down?
MCX Stock Falls
Here’s an extract…
Shares of largest commodity futures exchange in India, Multi Commodity Exchange (MCX), experienced a sharp decline, hitting the lower circuit on Friday, 30 June 2022.
Investors were taken aback by this sudden fall, especially considering that MCX shares had delivered a solid return of 27% before the fall.
As shares of the commodity futures exchange have hit a roadblock, let’s find out why this has happened and what lies ahead.
http://www.eqtm.in/k4ZAt
MCX share price plunges 12%, drops the most in three years. What is dragging this monopoly stock down?
MCX Stock Falls
Here’s an extract…
Shares of largest commodity futures exchange in India, Multi Commodity Exchange (MCX), experienced a sharp decline, hitting the lower circuit on Friday, 30 June 2022.
Investors were taken aback by this sudden fall, especially considering that MCX shares had delivered a solid return of 27% before the fall.
As shares of the commodity futures exchange have hit a roadblock, let’s find out why this has happened and what lies ahead.
http://www.eqtm.in/k4ZAt
This Auto Ancillary Stock is Up 70% in One Month. More Gains Ahead?
Shares of JBM Auto touched their 52 week high today. Here’s what is driving the company’s share price.
Rising Auto Ancillary Stock
Here’s an extract…
Over the last one month, shares of this auto ancillary company have risen more than 70%. This on the back of its bright prospects in the EV space.
The stock is also a multibagger having jumped over 240x since listing.
Read on to know more…
http://www.eqtm.in/Hx2z3
Shares of JBM Auto touched their 52 week high today. Here’s what is driving the company’s share price.
Rising Auto Ancillary Stock
Here’s an extract…
Over the last one month, shares of this auto ancillary company have risen more than 70%. This on the back of its bright prospects in the EV space.
The stock is also a multibagger having jumped over 240x since listing.
Read on to know more…
http://www.eqtm.in/Hx2z3
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Stock Market Update - Gift Nifty Trades Flat | Paras Defence Bags a New Order | BSE Share Buyback | Top Buzzing Stocks Today
Top cues to track in today's stock market session.
http://www.eqtm.in/o9XSt
Top cues to track in today's stock market session.
http://www.eqtm.in/o9XSt
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