Wealthcreatures.com
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Driven by Fundamentals and Leveraging Technicals.

All post are Only For Study & Educational Purpose.consult you Financial Advisor Before Investing or taking any position.
DISCLAIMER:We r Not SEBI REGISTERED ANALYST.
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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
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
Crude down 9%
+ve for 🇮🇳
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
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
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
Wealthcreatures.com
2 stocks Ready for ATH VERY SOON BOTH SAME GROUP MFL ( Meghmani Finechem) MOL ( Meghmani organic)
DONO ka Time Aah Gaya Hai

Ready For Ripe

MOL - need close above 131 for quick upmove

MFL - need close above 1420 & 1460 for Upmove

Good Q1 Numbers Expected
Last 20 Years Nifty Moves
Wealthcreatures.com
MFL Now 6% 🆙 💚 Crossing resistance of 1415 High - 1418 Above 1460 Get Ready for NEW ATH
MFL

Today 5th Attempt to cross 1420

High - 1418.35

MOL Gave Breakout in similar way

Waiting for MFL
NIFTY CAN SPEND SOMETIME BWT 16000 TO 16200

Would be Good for Base building and more strength for next upmove

Days High - 16275

Days Low - 16178

Now @ 16190