Buyshares
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Market update

# Jagatjit Ind- Company received Environmental Clearance for setting up of 200 KLPD Grain based Ethanol Distillery Plant

# Asian Energy- Company along with its JV partner Furnace Fabrica, has secured a contract worth 161 Cr.

# Coal India- Company signed a MoU, for setting up 1,190 MW solar power project

# Shree Cement- Changed designation of Mr. Hari Mohan from MD to Chairman and appointed Mr. Neeraj Akhoury as MD

# Garware Tech- To consider proposal for buyback of the equity shares of the Company on October 21, 2022

# Ahluwalia Contract- Company has secured order from Government of Assam, worth Rs 110.6 cr.
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Focus on 4 Cs amid uncertainties

C = Cash rich (very strong balance sheet with no debt issues)
C = Cash flows strong with low CCC cycle
C = Capex done & CU low
C = Competent management

Any if all comes at Cheap Valuations (less than 15x) = You got a winner on your hands
UK TO SCRAP PLAN TO CUT INCOME TAX INDEFINITELY
Market Overview

* FIIs have reduced the quantum of selling and infact have turned Net Put Sellers Indicating base at lower levels

* DIIs are regularly buying

* Markets Discounting All Negatives

* Huge Cash Driven Rally


Time to add!
UK PM LIZ TRUSS announced her resignation just after only 6 weeks in the office. She became the shortest-serving Prime Minister in British history.
Amazon Share Price Prediction
Amazon's starting price was $166.72 in 2022. Amazon's price has dropped by 31% from the start of the year, trading at $115.07 today. The predicted Amazon pricing by the end of 2022 is $132, representing a -21% year-over-year decline. 15% more from now until the end of the year. The Amazon price will increase to $154 in the first half of 2023; in the second half, it will increase by $18, ending the year at $172, a +49% increase over the present price. Amazon
AMC Price Prediction
AMC's starting price was $27.20 in 2022. AMC's price has dropped by -78% since the beginning of the year, trading at $6.11 today. The estimated AMC price for the end of 2022 is $9.79, with a -64% year-over-year decline. The increase from now until the year's end is +60%. The AMC price will increase to $13.37 in the first half of 2023; in the second half, it will rise by $1.55 to complete the year at $14.92, a price increase of +144% over the current price.
Meta(Facebook) Share price:-

*Aug 2016:- $129
*Oct 2022:- $129

6 years of investment and Zero returns!

What's your view on equity investing?
Elon Musk takes control of Twitter
U.S. inflation rate:

2022: 8.2%
2021: 7%
2020: 1.4%
2019: 2.3%
2018: 1.9%
2017: 2.1%
2016: 2.1%
2015: 0.7%
2014: 0.8%
2013: 1.5%
2012: 1.7%
2011: 3.0%
2010: 1.5%
2009: 2.7%
2008: 0.1%
2007: 4.1%
2006: 2.5%
2005: 3.4%
2004: 3.3%
2003: 1.9%
2002: 2.4%
Dow jones near the upper channel
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CANDLESTICKS SIGNALS
In this Quarter 4 companies reported quarter profits above 10,000 Cr.

Reliance
TCS
HDFC Bank
SBI

Till last year it was only Reliance.

Indian companies getting bigger day by day..
Tesla has Grown Revenues 10x In Last 6 Years, Makes 11 Bln$ of PAT with a 32% ROE & its now down 60% from the Top!
HOW TO IDENTIFY A DOWN TREND
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