Correction in indices from 52 week highs :

Reality 27.2%
IT 22.1%
Financial 19.6%
Media 19%
Consumer Durables 17.9%
Bank 17.3%
Pharma 14.2%
Auto 13.4%
FMCG 11.3%
Metals 11.1%
Energy 3.3%

Any Reason why markets would fall more from current zone of 16150 its already in oversold zone

Shorting not favourable currently...Don't short

If any1 looking for Delivery Based Buying in sip shld start slowly

Currently it's free fall in nifty
But strong stocks wld be 1st To bounce back

Feb - March lows on nifty @ 15626 shld Hold and can ACT as strong support zone

This time bounce won't be that strong & one way the way we saw last time from 15626 to 18300

Time wise correction is there

AWL

611 💔 Lower Circuit

322/390 To 843 Gave Good Returns

Now again Time wld come to play & Add up

Would UPDATE

Nifty I.T Index

Days Low -- 30020

Another 5% To 10% Fall in I.T Index@ 28500/27000 would make I.T stocks more Attractive

Many Debt Free
High ROCE & ROE
$ AT ATH 77.50
No Corporate Governance issues

Longterm Wealth creator

Select Your Stock Smartly

There are corrections
every Qtr/Half yrly & Yearly

Stock which Delivers Earnings Growth outperforms Markets

This Trend is From Longtime

Those who understand Buys Strong stocks or Resuffle portfolio on panic & few sell on panics

GNFC

SUPERB NUMBERS

NET PROFIT
🆙 109% (YOY)# 646 CR
🆙 20% (QOQ)

REVENUE 🆙 60 % # 2771 CR (YOY), 🆙 16% (QOQ)

EBITDA 🆙 88% # 885 CR (YOY)
🆙 31% (QOQ)

MARGINS 31.90% Vs 27.15% (YOY) 28.3 % (QOQ)

OCF # 1967cr

DIVIDEND # Rs.10 per Share

FY22 EPS # 110

GNFC SUPERB numbers

Hope this Msg Help in last 1 week

17100 zone to Lows of 16143

Global cues are Bad & India had outperformed

NASDAQ 27% 🔽 down from Top

NIFTY - 13% 🔽 from Top

Nifty is outperforming Global markets.

Buying on Correction
PLAN TO ACTIVATE

Pessimisiom in Midcaps & Smallcaps stocks

Time to be Very selective in selecting counter

Amazon # Myntra # Flipkart

SUMMER SALE STARTED

35% - 50% Discount

Select your stock aft Study

Keep in cart ( Watchlist) & Add at Maximum Discount

Sale Not Ending Soon Might continue - 1 To 2.5 Month &
Can give 5% To 10% more discount on checkout 😉

Focus More on Quality & stocks which Gave Good Numbers

Note - When Everyone would be very Negative for mkts and All would feel Mkt aur nichee jaayega.
Markets shld not open for few days
That is the point where mkts Make Bottom max of the TIME

Midcaps & Smallcaps would Take Time to participate in bounce

Bounce wld be in very limited stock specific Stocks only

GNFC

11% 🆙

850

Midcap & Smallcap

Down almost 2% Today

High chances Tomm Nifty Open Gap Up

In strong & Uptrending Mkts Buy on Dips & Nvr Short

Vs

In Weak mkts Exit on Rise or pullback & Always Apply S/L & Respect S/L

Simple Process
Many know But few can Apply

Many might have loss 📉 💰 money Made during Bull Run

Risk Management & Money Management is the key 🔑 to make Money

Fear all around.
Can see zone short covering this week

KEEP THIS IN MIND

WHEN NO ONE WANTS TO BUY THAT TIME BOTTOM WOULD BE DONE