Market Odyssey: Nifty Takes a 2.1% Celestial Dive Today 📉

In the cosmic dance of numbers, today we witnessed a 2.1% downside in the Nifty index. A whisper in the financial breeze hints that our markets might have donned their "top hat" for now.

There's a growing perception that the markets may have temporarily peaked. It's crucial to evaluate the broader economic landscape amid these fluctuations.

Notably, a minimal beat in the results of a major IT company spurred a 10% rise in IT stocks and a 400-point surge in Nifty. Conversely, a marginal decrease in the margin of large banks resulted in a 5-10% dip in bank stocks, a 400-point decline in Nifty and a 2100 point decrease in Bank Nifty!

Anticipating volatility, be cautious as $DXY and US bond yields may trigger turbulence in Equities and the Bullion market. The resurgence of rising bond yields could lead to market apprehension!

LIFE✓

The most praiseworthy quality about life is it ends!

The day we are born, our lifeglass starts pouring sand onto the other side.
Every second we live, every breath we take, we are one inch closer to death.

The needs and wants of all of us will never cease!
People have demands even after their death. They want a good deathbed. They want it costly.

Everyone has come to this existence for some purpose, for some WHY! When you find your WHY, you've already achieved half of everything you want from life or what this life wants from you!

Every being has some purpose. A mere 5-10% of people ever care to think about it. Less than 1% go close to achieving their WHY! It's all because of the passion they have inside them. A burning desire a person holds inside his heart!

However, every person I meet today is having no idea of his/her WHY!
Unless and until, I am surrounded by such people around myself, I have an opportunity to help them find their WHY! I have an opportunity to inspire them to find it out!

Everyone out there is roaming here & there aimlessly, having no destination. I feel that the journey towards death is the most important one. Everyone should probably enjoy it, if not anything else. It isn't important for everyone to find out their WHY!

WHY is a journey and not an end in itself.
Learn to enjoy your life today. Try to fulfill all the things you want to do, today. Even if you don't achieve everything you want, what better way is there to live?

Welspun Corp has shown a multi-year breakout on monthly charts! We see that it has shown strong volumes in the previous candles on the monthly timeframe!

We are expecting a smooth upside towards 1090+ levels in the coming months!

CMP - 599

Details on chart!

LICI 670 to 949!! 💣🔥🚀🍎
All targets achieved within a span of 47 days!

All targets achieved with phenomenal returns of 41% in 47 days!!💥🎯💰😱

In the stock market, every ticker symbol has a story to tell; the skilled investor is the storyteller who deciphers the narrative!

Great Eastern Shipping is expected to break out of a flag & pole pattern. It has also shown strong volumes in the past weeks.

Expecting a swift rise in the stock to 1330+ levels in the coming weeks.

CMP - 958

Details on chart!

MIDCP Nifty 29th January 10450CE, one of my intra-day trades squared off!

Capital used - Rs. 6892/-
Profit - Rs. 6727/-
Profit percentage - 97%

The arrow near the white line indicates the entry point while I exited near the high of the day.

The simple idea of a strong reversal in a horizontal channel on the hourly timeframe can make you sweet gains!

Logic behind trade shown in the chart!

GE Shipping flag and pole breakout was pre-empted right on Tuesday!

958 to 1008 in just two days!
5.2% returns in two days.
Aur kya chahiye boss?🙏🏻

Enjoy the weekend.

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Crest Ventures has broken out of a multi-year breakout pattern.

It has also shown strong volumes in the past months showing accumulation.

Expecting a swift rise in the stock in the coming months.

CMP - 338

Details on chart!

Cigniti Technologies has broken out of a flag & pole pattern.

It has also shown strong volumes in the past months showing accumulation.

Expecting a swift rise in the stock in the coming months. 

CMP - 985

Details on chart!

Notes: Special ones are marked with a "➡️" symbol!

Targets achieved stocks are marked with "🎯🎯" symbol and removed from the next review list!

KNR Constructions 28th Nov = Rs. 288 --> Rs. 268📉

➡️Bank of India 1st Dec = Rs. 107 --> 136🔥🚀📈💥💣🍎

➡️Zen Technologies 2nd Dec = Rs. 771 --> 762 😑 FLAT

➡️LICI 3rd Dec = Rs. 670 --> 917 📈💣🔥🍎
All targets achieved!!

➡️🎯SJVN 4th Dec = Rs. 85 --> 129 🚀📈💣🍎
Target 1 achieved long back!🔥🎯

➡️Madras Fertilizers 7th Dec = Rs. 102 --> 118🔥📈💥🍎

Nocil 8th Dec = Rs. 257 --> 271📈😌🚀💣🍎

Jio Financial 9th Dec = Rs. 244 --> 251🔥🚀📈💣💰💥

Ramkrishna Forgings 10th Dec = Rs. 739 --> 748 🔥🚀📈💣💥

➡️Coforge 11th Dec = Rs. 5783 --> 6255 💥📈🔥💣🚀🍎

➡️Hemiprop 12th Dec = Rs. 142 --> 180💥📈🚀💰🔥🍎

➡️Bikaji Foods 13th Dec = Rs. 533 -->  584 💥📈💣🔥🍎🚀

Piramal Enterprises 14th Dec = Rs. 942 --> 884 📉😐

De Nora India 24th Dec = Rs. 1566 --> 1490 😑🙈😭 STOPLOSS HITS

➡️NTPC 1st Jan = Rs. 309 --> 325 📈👍💥

Tata Steel 3rd Jan = Rs. 135.35 --> 135 😑🙈

Ashok Leyland 9th Jan = Rs. 177 --> 174 😑😒

➡️Adani Power 15th Jan = Rs. 541 -->  571 💥📈💣🔥🍎🚀

Welspun Corp 19th Jan = Rs. 599 -->  579😒📉

➡️GE Shipping 23th Jan = Rs. 958 --> 1032 💥📈💣
8% returns in 4 trading days!! 🚀🔥🍎

Crest Ventures 26th Jan = Rs. 338 --> 345 💥📈💣🔥🍎🚀

Cigniti Technologies 28th Jan = Rs. 985 --> 990 💣❤️🚀

FROM THE NEXT POST, ALL TARGET ACHIEVED/SL HIT/EXIT SUGGESTED STOCKS WILL BE REMOVED FROM THE LIST! 🙏

LTI Mindtree is showing signs of reversal after a steep fall.

Short term traders can benefit if this stock reverses as expected.

Expecting a swift rise in the stock in the coming days.

A risky bet.

CMP - 5447

Details on chart!

Cigniti 985 to 1020!!💣🚀🔥🍎

Crest Ventures 338 to 360 in just two trading days!! 💣🔥🍎🚀📈💰💥

Crest Ventures only 338 to 396 in two trading days!! 🔥💣🚀🍎📈💰💥

Crest Ventures locked at 20% UC @ 414.10..
2 DIN MEI 338 KA 414.10!

In bull markets, investors are blind to the risks.

In bear markets, investors are blind to the opportunities.

— Brian Feroldi