Meghmani Finechem Ltd

Largest capacity of Epichlorohydrin, based on 100% renewable resources, of 50,000 TPA

Largest capacity of CPVC Resin of 30,000 TPA

Caustic Soda capacity will increase to 4,00,000 TPA

Entering into Chlorotoluene and its value chain.

8th June - RBI Meet

Has market factored in 50 bps Hike??

Book 50% 📈 profits in Chennai petro

Almost 600% Returns

Can Tomm Rate Hike make mkts More close To bottom
And
Possible from june end/July can we again concentrate on Moonsoon & Other +ve Things ??

For That Nifty Need to Hold
16300 - 16400 zone

Fresh Breakdown below 16275 zone

Range - 16250 To 16750

The Biggest risk for Equities is no longer valuations but the outlook for earnings in US,Japan , UK ,Europe and China.

RBI MONETARY POLICY TODAY AT 10am TODAY

RBI LIKELY TO INCREASE REPO RATE BY 40-50 PTS

MAIN THINGS TO WATCH OUT

🔅QUANTUM OF RATE HIKE MARKET MIGHT HAVE FACTORED IN UPTO 40-50 BPS RATE HIKE

🔅 ANALYST EXPECT RBI MAY MAKE AN UPWARD REVESION OF 80 BASIS POINTS IN FY23 INFLATION FORECAST OF 5.70% AND GO UPTO 6.50%

🔅 COMMENTARY ON INFLATION & GDP FORECAST

RBI GOVERNOR SAYS WE ARE FACING NEWER CHALLENGES EACH PASSING DAY THAT ARE WORSENING SUPPLY CHAIN DISRUPTIONS

RBI GOVERNOR SAYS EMERGING MARKET ECONOMIES FACING MAJOR CHALLENGES

RBI GOVERNOR SAYS INFLATION HAS STEEPLY INCREASED MUCH BEYOND UPPER TOLERANCE LEVEL

RBI GOVERNOR SAYS EMERGING MARKET ECONOMIES FACING MAJOR CHALLENGES

RBI HIKE REPO RATE BY 50 bps

Have we made bottom Today for short term ??

Today's Low - 16294

MFL

Last Support zone now acting as support @ 1460/1400 zone

Expected to do well in coming 2 to 3 Qtrs

Can see more upmove aft FY23 Q1

Next event to keep watch wld be on Friday U.S Inflation Data

MFL

Days Low - 1426

Vadilal inds

Yest Fresh ATH # 2106

Showing strength amid volatility

DEEPAK NITRITE

Available at 42% Discount from ATH of 3020

Days Low - 1716

Last Breakout Zone & strong support @ 1618/1575

Longterm Portfolio pick

Guj govt has order plant closure this wld have impact on FY23 Q1

If One Can avoid Short term Pain & has patience and vision than shld look forward for adding on Dips

This was our star performer riding from 100 To 3000 in last 5 years

NIFTY

Today's Low - 16244

Bouncing back from Days Low to 16360 - 16380 zone

Are mkts building base formation?

Possible from 15th June onwards smart money shld start flowing into sector specific and Stock specific

Need to keep watch closely

Those stocks which showing Resilence in going Down or outperforming mkts

They wld the one to Lead the next Rally ....

NIFTY

LOWS 16244

NOW at Days High @ 16490

Hope this Helped