Wealthcreatures.com
DMART PAISA DOUBLE 2500 SE 5595 🎯💚
TIME TO LOOK AT DMART AGAIN
Corrected from 5900 To 3150
Now @ 3389
Strong support@ 3000 zone
Corrected from 5900 To 3150
Now @ 3389
Strong support@ 3000 zone
Few Important Updates
🔅CrudeWTI@ 108$ Consolidates around 110$ Since last Two Months.
🔅U.S. 10Y Bond Yield Slipped Down Over -11% Last Week @ 2.889; Lost Over -17% in Three Weeks
🔅Dollar Index tested highs of 105.440 Before Slipping Down Again to Current 104.80$
🔅CrudeWTI@ 108$ Consolidates around 110$ Since last Two Months.
🔅U.S. 10Y Bond Yield Slipped Down Over -11% Last Week @ 2.889; Lost Over -17% in Three Weeks
🔅Dollar Index tested highs of 105.440 Before Slipping Down Again to Current 104.80$
Just an observation :
Day starts with U.S markets & UK futures in Deep Red
Nifty Opens in Red and Than Gradually Recovers
By mid afternoon UK gets in green and US also starts recovering
All Dips in Nifty Getting Buyout
If we close Today also in Green than this might be 5th Consecutive Green Candle on daily basis
Base Building Process in progress
Are Bears 🐻 Getting Trapped??
Day starts with U.S markets & UK futures in Deep Red
Nifty Opens in Red and Than Gradually Recovers
By mid afternoon UK gets in green and US also starts recovering
All Dips in Nifty Getting Buyout
If we close Today also in Green than this might be 5th Consecutive Green Candle on daily basis
Base Building Process in progress
Are Bears 🐻 Getting Trapped??
Wealthcreatures.com
MFL 1308 NEXT Rally on close above 1314/1361 Possible New ATH aft Q1 Numbers
MFL
Cmp - 1340
This time shld close above 1361 in this week
Next Resistance 1415/1460
Above that Shld See ATH
Cmp - 1340
This time shld close above 1361 in this week
Next Resistance 1415/1460
Above that Shld See ATH
Wealthcreatures.com
MFL Cmp - 1340 This time shld close above 1361 in this week Next Resistance 1415/1460 Above that Shld See ATH
MFL CROSSING 1361
Now at Days High @ 1376
Now at Days High @ 1376
Wealthcreatures.com
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
PRAJ INDS
Strong Base formation in process for Bigger upmove
Just need to give 2 - 3 - 4 Years of Time patiently
Strong Base formation in process for Bigger upmove
Just need to give 2 - 3 - 4 Years of Time patiently
Wealthcreatures.com
Just an observation : Day starts with U.S markets & UK futures in Deep Red Nifty Opens in Red and Than Gradually Recovers By mid afternoon UK gets in green and US also starts recovering All Dips in Nifty Getting Buyout If we close Today also in Green…
NIFTY
+130
Upmove indication from yesterday & Last 5 days
16200 is Levels to watch out For
Stock specific Ideas to concentrate
+130
Upmove indication from yesterday & Last 5 days
16200 is Levels to watch out For
Stock specific Ideas to concentrate
Wealthcreatures.com
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
TIME TECHNO PLAST
Once closed above 111
Shld See Upmove in next few Days
Once closed above 111
Shld See Upmove in next few Days
Wealthcreatures.com
MFL CROSSING 1361 Now at Days High @ 1376
MFL
Now 6% 🆙 💚
Crossing resistance of 1415
High - 1418
Above 1460 Get Ready for NEW ATH
Now 6% 🆙 💚
Crossing resistance of 1415
High - 1418
Above 1460 Get Ready for NEW ATH
Wealthcreatures.com
Sometimes, we get disappointed Even with Our BEST FRIEND but you still excuse and continue. Similarly, the best of best companies too disappoint with poor results due to various Reasons like Increase in Raw material/ Rise in Interest cost/Margin pressure/…
Recently Many stocks have Corrected 35% To 50% just because of concern of there Rising Raw Material cost
And also concern over Demand.
In last 1 to 2 month Raw material and crude have corrected almost 25% To 35%+ From ATH
Look out for stocks who have Taken price hike & Now Raw material have started softening.
Don't forget to look for its products Demand
For example - Rubber prices at ATL - This wld benefit Trye Companies
Going ahead Numbers of such stocks can be Great
We already have found 10 to 15 such stock 💡 ideas
Would Try to share name with product line up & How much it has fallen and what MARGIN of safety it can provide in terms of valuation,Ebidta,Market cap To sales etc
And also concern over Demand.
In last 1 to 2 month Raw material and crude have corrected almost 25% To 35%+ From ATH
Look out for stocks who have Taken price hike & Now Raw material have started softening.
Don't forget to look for its products Demand
For example - Rubber prices at ATL - This wld benefit Trye Companies
Going ahead Numbers of such stocks can be Great
We already have found 10 to 15 such stock 💡 ideas
Would Try to share name with product line up & How much it has fallen and what MARGIN of safety it can provide in terms of valuation,Ebidta,Market cap To sales etc
Wealthcreatures.com
NIFTY RESISTANCE @16200 If close Above 16200 than 16525/16784 & 16900 possible
NIFTY 4th Attempt Today To cross 15960 - 16050 zone.
If sustained Than we can see Good Upmove
If sustained Than we can see Good Upmove
Commodity Down Move
Oil : 2-month Low
Gas : 3-month Low
Gold : 10-month Low
Silver : 2-year Low
Metal Meltdown
Copper : 20-month Low
Aluminum : 13-month Low
Zinc : 9-month Low
Farm Essential
Wheat : 5-month Low
Soybean : 5-month Low
Sugar : 6-month Low
Coffee : 1-year Low
Oil : 2-month Low
Gas : 3-month Low
Gold : 10-month Low
Silver : 2-year Low
Metal Meltdown
Copper : 20-month Low
Aluminum : 13-month Low
Zinc : 9-month Low
Farm Essential
Wheat : 5-month Low
Soybean : 5-month Low
Sugar : 6-month Low
Coffee : 1-year Low
https://www.fortuneindia.com/amp/story/long-reads%2Fchemical-boom-billionaires%2F108815
DEEPAK NITRITE
DEEPAK NITRITE
Fortuneindia
Chemical Boom & Billionaires
India's $212 billion chemical industry is seeing unprecedented growth on the back of consumption economy, niche products, rapid import substitution, and a global geo-strategic demand shift from China.