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

NAVIN FLOURINE

Our Conviction pick for pure Delivery

We are Not breaking Support that's Good

Nifty lows @ 15688

Can we see +ve close

Auto Ancillary on upmove

NIFTY

Recovered almost 160 points from Days Low

Now Nifty almost flat @15850

PRAJ INDS

Showing Resilence

Not going Down in Deep Red mkts

Need to watch Q1 very closely

Can shoot up if Q1 Numbers are Good

HOPE THIS MIGHT HAVE HELP

Nifty @ 15526

Strong 💪 support @ 15400 - 15300 zone