SAKAR HEALTHCARE

In recent correction Dipped Till 113
But in last 4 days recovered till 160 again

Nifty Compared to last 2 falls of 16410 & 15670 lows were never retested before resuming uptrend to 18350-18150

However Resistance at 16660 To 16710 zone if crossed than that shld confirm the End of This fall

Also If many times support is tested than Generally it Tends to Break

Only Time wld Say

Close above 16710 --- Bottom Done
OR
Close below 15700 -- Ready for NEW Bottom

Let's c....

All good things come to an end

&

All bad things eventually settles & lead to a good start

Stock market operates with this simple principle and the cycle repeats time and again.

FIIs started selling 🇮🇳 Equities since April'21 when Nifty was @ 14000

Still Nifty Rallied Till 18604 zone

Nifty Rallied -- 33%
Smallcap Rallied - 39%

Many stocks Rallied -- 100% To 500% in same period

We shld Not Buy Just because Fii are selling ---- But we shld be very much stock specific

Fii Data in FNO

Index Futures

Added +17k Longs
Covered -20k Shorts

⚠️ 📢 Shorts now at 61% vs peak of 83% earlier in the series

Wrote 71k Puts
6 Puts for 1 call

Bought 94k Calls
2 calls for 1 Put

FII bought 2,78,000cr in Last
12 years since Lehman crisis crash & sold 3,07,000cr in 2021-22 Till Now

All steel stocks over Reacting to news.
Indian steel Consumption is very Huge.

Hike in export duty on steel & cut in excise duty on fuel +ve for AUTO SECTOR

https://wealthcreatures.com/2020/04/16/power-mech-projects-can-it-again-powerup/

POWER MECH 🔋

Good numbers

Getting Ready for Fresh ATH SOON

OUR LONGTERM TEST LEVELS - 5X

Power Mech

Good Numbers

FY22:
EBITDA 303cr vs 58cr up5.2x
PAT 139cr vs -46cr
EPS # 95

Robust order backlog & inflow
Backlog 18149cr

MFL

Aft 15% Run up on Friday

Today down bit

Days Low- 1360

This won't stop once crossed 1470

BDL

One of the Strongest stock

AFT PROFIT BOOKING @884

WENT DOWN TILL 620
( Missed giving buying call again at that zone as was not in network)

NOW AGAIN BACK @790 -800 zone

Booking profits always Help

In Equities No one can do 🥄 spoon feeding

You yourself Have to do Everything

HAL

FRESH ATH

4% 💚

1830

One stock

In metal sector which can outperform

SANDUMA
( Sandur Manganese)

Days Low - 3136

Support @ 3000/2880

Last Reco @ 1900 went till 5075

Now looks Good only on dips for Fresh ATH IN NEXT 4 TO 5 QTRS

@12

RBI GOVERNOR SHAKTIKANTA DAS wld be speaking on inflation, Repo Rate & CRR hikes, bond yields, fiscal and current account deficits and more.

Only those wld make money 💰 🤑 in mkts who Respect Risk Management & are Ready to Reshuffle portfolio and sectors as per changing Economic factors

In coming week or month

One Good Day & stock can be up 10% to 15%

HAL

1444✅
1560✅✅
1800✅✅✅

PAISA DOUBLE

914 To 1850

Next --- 2222+

Safe players Book 50% profits 📈 and njoy free shares for next Test Levels

Only 1 concern

Did deep Dive Today

Nifty is doing Index Management only

Pharma Index was 1st to correct
Followed by FMCG index
&
Recently I.T index Gaya
Than Aaj Metal Index Gaya
Bank Nifty Already Below 200 DMA

Max Smallcap & Midcaps are 30% To 50% Down From ATH

WHAT GAME PLAN MARKET HAS??

Be Cautious & Very Much stock specific Now....

In this phase only few would mint money.
Even big ones are not in plus on Individual stock level,though overall there portfolio would be in GREEN

Niftys 1st Resistance -- 16425
Nifty 2nd Resistance--- 16760 To 16810 zone
3rd Resistance - 17140

MFL

What a VOLATILITY

Monday - 1400

Today - 1277

Has All Ability to outperform mkts going forward
But need patience for next 4 To 8 Qtrs

1214 - 1220 zone
was War Breakout zone

More Weakness only below that zone.