Would share list of stocks Which can show Good numbers in next few Qtrs & Available at Good Rate,almost 35% To 50% Discount From ATH .....worth adding
( Also Do your Own study before investing)

10% To 20% Fall in those stocks can't be rulled out as markets are volatile

Best strategy wld be add on DIPS in SIP MODE

But Risk Return Ratio is very much favourable

Strong Bussiness# Good Management # Earning Uptick# Resonable Valution# Pure Investment

PRAJ INDS

CROSSING 360

NOW AT DAYS HIGH

363.90 💚

Everyone I meet Recently or talk on phone is very much pessimistic on markets for next 12 to 18 months due to various concerns emerging like War,Inflation,Increase in Interest Rates,Crude on high,Fed Commentry,Rbi commentry,Global Recession ,Fii continues selling ETC.....

Markets Nature - It moves against the General Consensus view in short term...

Crude below 100 wld good for our mkts and if sustains below $100 than that can possibly lead Recovery in coming Qtrs --- expecting crude to be around 80 to 85 $ in next 6 months....let's c

NMDC

Cmp - 102

Days Low - 101.65

52wk High - 189

Dividend Yield - 14.3%

FY22 Net profits - 9379cr

Market cap - 30000cr

Pledge - Zero

Technical - Trading below all important moving avg & also below 200DMA which is placed@ 144

Resistance @ 118/130/140/145

Shld hold 84 To 88 zone & Can see Reversal soon

Dream Buying price - 68 To 75 zone

Disc - All views expressed are only for education and learning purpose.consult your financial advisor before investing or taking any position based on above article.

MFL

WE ARE CONFIDENT THAT NEXT FEW QTRS WLD BE GOOD FOR COMPANY

Nifty 15184 To 15700

Nifty Resistance @ 15700 To 15750 zone

Only on close above 15750 zone we can see more short covering till 16000

For Sustained Rally 16200 need to crossed

From next month Qtr numbers coming up so again Time to concentrate on stock specific Moves

FIIs pulling money out is causing distress to a lot of investors

But the data suggests rather a weaker correlation.

Nifty Vs Fii Corelation

One Sector Which looks Very Very Strong ...

Automobiles.


Focus on

Eicher Motors

Maruti Suzuki

Time Techno plast

Again on Radar

Cmp - 102.80

Add at cmp & on dips

Support @ 92

S/L - 87 on WCB or as per Risk

Test Levels- 120/140/160+

Longterm - 200/244+

Fundamental trading at 12 P.E & Technically also Strong

Welspun Corp

The company has secured orders from India and the U.S. across Oil and Gas and Water sector of 47,000 MT worth Rs 600 crore.

GUJARAT ALKALIES

On Radar Again

CMP - 671

FY23 Expected Eps - 130 To 135

Trading at just 5 P.E

Many Capex coming online in coming year

Available at 35% from ATH

GUJARAT ALKALIES

CAPEX

Mahindra and Mahindra as well

Polyplex corporation

Nvr closed below 1974 & Gave strong bounce

2291

MFL

1308

NEXT Rally on close above 1314/1361

Possible New ATH aft Q1 Numbers

Watchout This stocks..

Auto and Ancillary are in Action.....

Many charts are looking Bullish but bottom is not yet formed so better to be cautious if Trading

It can take few weeks/months to form Base & Than only can see upmove

Follow strict SL &
Keep booking Profit On Time for Traders

Focus on stock specific Approach - as per Earnings,Growth & Macros

For investment Focus on Quality,Earnings & Best to add on SIP

Only on close above 16200 we can see sustained upmove,Till then it's just pull Back Rally

Though Nifty has rallied from 15184 To 15800 - 15850 zone

RESISTANCE- 16000/16200

https://wealthcreatures.com/2020/04/06/sterling-wilson-solarsws-new-ipo-from-shapoorji-pallonji-group-and-khurshed-yazdi-daruvala-available-at-90-discount-to-ipo-price/

SW SOLAR

Had a Great Run up from 84 To 509 💚

Now again available at Almost 45% off from ATH

Cmp - 291

Good To add on dips in sip

Aggressive Investors- 230 To 240 zone

Safe players - 200 To 225 zone

Test Levels- 500/755/1000+

TF - 24/36/48 Months

S/L - 160 on cbsl

Immediate support on Nifty @ 15700/15650 zone, only on close below that wld open more downside or else can trade in 200 to 300 points zone for this week

MFL

1350 💚

Polyplex corporation

2372