🔅Technically NIFTY Daily RSI @ 83.85
🔅3rd highest closing since 2008.
🔅An overbought RSI doesn't mean sell everything but Indicates a caution on fresh buying & trailing strict Sl for longs.
🔅Would avoid fresh buying until we consolidate or a pullback comes as 1 way move is unsustainable.
🔅Markets can't move one way need consolidation to get strength for next leg of Rally
🔅3rd highest closing since 2008.
🔅An overbought RSI doesn't mean sell everything but Indicates a caution on fresh buying & trailing strict Sl for longs.
🔅Would avoid fresh buying until we consolidate or a pullback comes as 1 way move is unsustainable.
🔅Markets can't move one way need consolidation to get strength for next leg of Rally
Wealthcreatures.com
NIFTY REACHING ATH 18521 AND ALSO OUR FAIR VALUE KEEP BOOKING PROFITS AS PER RISK MARKETS NATURE Full Teji se Full Mandi & Vice Versa..... We are concentrating on Stock Specific Action where Q2 numbers are good and commentry is good would OUTPERFORM…
For Information which can Help to understand Markets
❇️ Nifty was under correction since Mid of October'21 since we updated
❇️ Aft any major correction there are 2 phases
❇️ In the first phase - Large cap stocks move Especially Nifty 50 ones
❇️ Then in the second phase, Nifty50 & its stocks consolidate and then money starts to flow in Midcap & Smallcaps.
❇️ Nifty was under correction since Mid of October'21 since we updated
❇️ Aft any major correction there are 2 phases
❇️ In the first phase - Large cap stocks move Especially Nifty 50 ones
❇️ Then in the second phase, Nifty50 & its stocks consolidate and then money starts to flow in Midcap & Smallcaps.
EU says, it is studying Iran's response to a proposed blueprint for reviving 2015 nuclear deal & consulting with US on a way ahead for protracted talks.
Should this happen, will lead to lifting US sanctions on Iran oil exports.
More pain for crude & more gain for markets.
Should this happen, will lead to lifting US sanctions on Iran oil exports.
More pain for crude & more gain for markets.
Wealthcreatures.com
LATE UPDATE Gujarat Alkalies 10% 🆙💚 Took Time but upmove started High - 881 Closed @846
GUJARAT ALKALI
MOVING slowly 🐌
919 💚
MOVING slowly 🐌
919 💚
https://wealthcreatures.com/2020/04/16/power-mech-projects-can-it-again-powerup/
POWER MECH 🔋
Fresh ATH
1240 💚
336 To 1240 ✔️ Done Till Now
OUR LONGTERM TEST LEVELS - 5X/6X
POWER MECH 🔋
Fresh ATH
1240 💚
336 To 1240 ✔️ Done Till Now
OUR LONGTERM TEST LEVELS - 5X/6X
WealthCreatures
POWER MECH PROJECTS – Can It Again Powerup??
CMP – 336MARKET CAP – 490 crBOOK VALUE – 56252wk HIGH/LOW – 1175/3065 Year HIGH/LOW – 1175/306FACE VALUE – 10DIVIDEND YIELD – 0.30%FY20 EXPECTED EPS –…
Wealthcreatures.com
AWL Today's Low - 580 Support @ 550 Once crossed & closed Above 616 can see momentum back in Action 🎬
AWL
ON RADAR
Cmp - 720
The Day It would come out of ASM
We can see Big Upnove
It's too long since it's in ASM & 5% Circuit filter
ON RADAR
Cmp - 720
The Day It would come out of ASM
We can see Big Upnove
It's too long since it's in ASM & 5% Circuit filter
Wealthcreatures.com
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…
View given
When everyone was bearish
Market always know more than US.
We can't time mkts But can sense Economic factors and mkts perception
When everyone was bearish
Market always know more than US.
We can't time mkts But can sense Economic factors and mkts perception
Wealthcreatures.com
AWL ON RADAR Cmp - 720 The Day It would come out of ASM We can see Big Upnove It's too long since it's in ASM & 5% Circuit filter
AWL
MOVING 🐌
Getting Ready For ATH 🔜🔜
MOVING 🐌
Getting Ready For ATH 🔜🔜
Wealthcreatures.com
🔅Technically NIFTY Daily RSI @ 83.85 🔅3rd highest closing since 2008. 🔅An overbought RSI doesn't mean sell everything but Indicates a caution on fresh buying & trailing strict Sl for longs. 🔅Would avoid fresh buying until we consolidate or a pullback comes…
Some Profit booking & consolidation important for next upmove
Markets can give opportunity to add some stocks
Nifty Support @ 17800/17690/17600
Nifty Strong support@ 17500
Markets can give opportunity to add some stocks
Nifty Support @ 17800/17690/17600
Nifty Strong support@ 17500
Few stock on Radar in this Fall
Jubilant foodworks ( Domino Pizza)
Cmp - 599
Support@ 580/560
Would love add on dips & near support zone
Possible Test Levels- 650/675/700/750+
S/L - 545 on cbsl or As per Risk
Jubilant foodworks ( Domino Pizza)
Cmp - 599
Support@ 580/560
Would love add on dips & near support zone
Possible Test Levels- 650/675/700/750+
S/L - 545 on cbsl or As per Risk
On Radar
MFL
Cmp - 1451
Support @ 1440/1425
Swing Trade
T1 - 1500
T2 - 1520
T3 - 1555+
Small s/L - 1419 on cbsl or As per Risk
TF - 1 To 3 week
MFL
Cmp - 1451
Support @ 1440/1425
Swing Trade
T1 - 1500
T2 - 1520
T3 - 1555+
Small s/L - 1419 on cbsl or As per Risk
TF - 1 To 3 week
Hazoor Multi Projects
Cmp - 68.35
Market cap - 66cr
Q1FY23 Sales - 203 cr vs Q4FY22 Sales - 89 cr
TTM Sales - 304 cr
Posted Q1 Net Profit of 6 cr
Received order in July 2022, worth 220 cr which is yet to be executed.
As on Jan 31 2022, Hazoor Multi Projects had an unexecuted order book of 324 cr
Out of 1030 cr order book, 300 cr worth orders stands to be executed as per the sales figures of Q4 & Q1
Going forward in Q2 and Q3, the pending 700 cr order book will also get executed, which will lead to a huge growth in earning
From Feb 22 till date, the company received orders worth 707 cr cumulatively (as per the press releases on bse website)
So TOTAL ORDER BOOK is 1030 cr VS MARKET CAP of 66 cr
Trading Cheap valuation very attractive
Disc - All views expressed are personal & only for educational and study purpose. Consult your financial advisor before investing or taking any position based on above article.
Cmp - 68.35
Market cap - 66cr
Q1FY23 Sales - 203 cr vs Q4FY22 Sales - 89 cr
TTM Sales - 304 cr
Posted Q1 Net Profit of 6 cr
Received order in July 2022, worth 220 cr which is yet to be executed.
As on Jan 31 2022, Hazoor Multi Projects had an unexecuted order book of 324 cr
Out of 1030 cr order book, 300 cr worth orders stands to be executed as per the sales figures of Q4 & Q1
Going forward in Q2 and Q3, the pending 700 cr order book will also get executed, which will lead to a huge growth in earning
From Feb 22 till date, the company received orders worth 707 cr cumulatively (as per the press releases on bse website)
So TOTAL ORDER BOOK is 1030 cr VS MARKET CAP of 66 cr
Trading Cheap valuation very attractive
Disc - All views expressed are personal & only for educational and study purpose. Consult your financial advisor before investing or taking any position based on above article.
Wealthcreatures.com
🔅Technically NIFTY Daily RSI @ 83.85 🔅3rd highest closing since 2008. 🔅An overbought RSI doesn't mean sell everything but Indicates a caution on fresh buying & trailing strict Sl for longs. 🔅Would avoid fresh buying until we consolidate or a pullback comes…
Nifty Trading @ 17595
Nifty strong support@ 17500
Possible we can see Reversal aft Nifty touching sub 17500 or in next 2 to 3 days.
Nifty strong support@ 17500
Possible we can see Reversal aft Nifty touching sub 17500 or in next 2 to 3 days.
Wealthcreatures.com
Deepak fertliser Fresh ATH 949 🔥 1⃣0⃣0⃣0⃣ ➕️ coming soon
Deepak fertliser
Aft small pause again getting Ready for FRESH ATH
Aft small pause again getting Ready for FRESH ATH
Wealthcreatures.com
On Radar MFL Cmp - 1451 Support @ 1440/1425 Swing Trade T1 - 1500 T2 - 1520 T3 - 1555+ Small s/L - 1419 on cbsl or As per Risk TF - 1 To 3 week
MFL
DAYS Low 1426.30
Good Risk Reward for swing Traders
DAYS Low 1426.30
Good Risk Reward for swing Traders
📋MACRO UPDATE
🇬🇧 1 PM Uk PMI Data Estimate 47.8
🇩🇪2 PM Germany PMI Data Estimate 51.3
Anything Below the Estimates Will Trigger Selling in Europe Followed by Nifty
🇬🇧 1 PM Uk PMI Data Estimate 47.8
🇩🇪2 PM Germany PMI Data Estimate 51.3
Anything Below the Estimates Will Trigger Selling in Europe Followed by Nifty
GNFC
Cmp - 731
GUJ ALKALIES
Cmp - 860
Good Accmulation visible
Keep on Radar for Sept/Oct Month
Q2 would Pave way For much Higher levels
Cmp - 731
GUJ ALKALIES
Cmp - 860
Good Accmulation visible
Keep on Radar for Sept/Oct Month
Q2 would Pave way For much Higher levels