Next Positive for India
Recent Fall in Dollar Index
Commodity prices are moving Lower from last 2- 3 months
Brent Crude below $85
Recent Fall in Dollar Index
Commodity prices are moving Lower from last 2- 3 months
Brent Crude below $85
On Radar
ARCHEN CHEMICALS IND LTD
ACI
Cmp - 520
Would Try to share Details in weekend
Good Bussiness
ARCHEN CHEMICALS IND LTD
ACI
Cmp - 520
Would Try to share Details in weekend
Good Bussiness
KITEX GARMENTS
Cmp - 193
Market cap - 1290cr
Fy23 Expected EPS - 19 -20
World's 2nd Largest INFANT WEAR Manufacturer
Massive Rs.2406 crores CAPEX
(from FY 22 to FY 26)
Increasing Capacity by "4X"
Current Production- 4 lakhs units/day & After Capacity Expansion- 22 lakh units/Day
Plans to complete all CAPEX by
FY 25-26
Why Investors Ignored this Stock?
In past,there was issues between
Govt of Kerala and Twenty20(CSR arm of Kitex) which may indirectly effect performance Kitex Garments.
After Capacity Expansion,Kitex will be World No.1 INFANT WEAR Manufacturer.
In an Interview,Kitex MD S. Jacob said there will another 600 crores CAPEX to the ongoing Rs.2406 CAPEX
Total CAPEX : Rs.2406 crs
70% Debt,30% Internal Accurals
The advantage that KITEX enjoys ,as despite B2B Customers is that it caters to HIGH QUALITY CONSCIOUS Customers
Technically support @ 160 - 170 zone & watchout for close above 235 - 240 zone for Sustained upmove
S/L - 149 on cbsl or As per Risk
Disc - All views expressed are personal and only for educational and study purpose. Consult your financial advisor before investing or taking any position based on above article.
Cmp - 193
Market cap - 1290cr
Fy23 Expected EPS - 19 -20
World's 2nd Largest INFANT WEAR Manufacturer
Massive Rs.2406 crores CAPEX
(from FY 22 to FY 26)
Increasing Capacity by "4X"
Current Production- 4 lakhs units/day & After Capacity Expansion- 22 lakh units/Day
Plans to complete all CAPEX by
FY 25-26
Why Investors Ignored this Stock?
In past,there was issues between
Govt of Kerala and Twenty20(CSR arm of Kitex) which may indirectly effect performance Kitex Garments.
After Capacity Expansion,Kitex will be World No.1 INFANT WEAR Manufacturer.
In an Interview,Kitex MD S. Jacob said there will another 600 crores CAPEX to the ongoing Rs.2406 CAPEX
Total CAPEX : Rs.2406 crs
70% Debt,30% Internal Accurals
The advantage that KITEX enjoys ,as despite B2B Customers is that it caters to HIGH QUALITY CONSCIOUS Customers
Technically support @ 160 - 170 zone & watchout for close above 235 - 240 zone for Sustained upmove
S/L - 149 on cbsl or As per Risk
Disc - All views expressed are personal and only for educational and study purpose. Consult your financial advisor before investing or taking any position based on above article.
Wealthcreatures.com
Nifty 15674 any close below 15700 won't be good Get Ready for more pain if Nifty closes below 15700 This time seems wroste can scenerio of 15000 on Nifty wld be Tested if we close below 15700 zone and if global events continue to dragdown. But surelyβ¦
Nifty
After Touching lows of 15200
Already updated near 15700 that markets ignoring all good news
Within 5 months 3500 points rally in Nifty
Nifty comfortable above 18600 and Fresh ATH 18631
Can Dec Qtr Numbers would give upmove in Individual stocks?
After Touching lows of 15200
Already updated near 15700 that markets ignoring all good news
Within 5 months 3500 points rally in Nifty
Nifty comfortable above 18600 and Fresh ATH 18631
Can Dec Qtr Numbers would give upmove in Individual stocks?
Wealthcreatures.com
Sakar Healthcare Yest Lows - 225 Today's Low - 228.40
SAKAR HEALTHCARE
Moving in very Tight Zone
With low Volumes
228 - 248 zone from last almost 1 month
Watchout for close above 251 in December month
Moving in very Tight Zone
With low Volumes
228 - 248 zone from last almost 1 month
Watchout for close above 251 in December month
Wealthcreatures.com
Medium Term Pick Patanjali foods Cmp - 1218 Good Accmulation done in last few days Support@ 1160/1125 Test Levels- 1300/1444/1500++ And final - 2222+ S/L - 1090 on cbsl or As per Risk
Patanjali foods
1495 from 1200 zone and now back to sub 1200 zone
Cmp - 1240
Support@ 1160/1100
Only on close above 1320 can see strength
Till than consolidation continues 1100 To 1320 zone
Can be in different league in next 3 to 4 years
1495 from 1200 zone and now back to sub 1200 zone
Cmp - 1240
Support@ 1160/1100
Only on close above 1320 can see strength
Till than consolidation continues 1100 To 1320 zone
Can be in different league in next 3 to 4 years
Wealthcreatures.com
SAKAR HEALTHCARE Moving in very Tight Zone With low Volumes 228 - 248 zone from last almost 1 month Watchout for close above 251 in December month
SAKAR HEALTHCARE
LOCKED π IN 10% UC
270.95 π
LOCKED π IN 10% UC
270.95 π
Wealthcreatures.com
SAKAR HEALTHCARE LOCKED π IN 10% UC 270.95 π
Sakar Healthcare
Another 5% UP
283
Another 5% UP
283
Wealthcreatures.com
An observation Just For Information Last 2 rallies 16420 to 18350 & 15671 to 18115 lasted for 4-5 weeks This is the longest rally so far finished 8 weeks and still going on from 15183 to 17940 Undertone is very strong. We are not going back to 15200β¦
NIFTY
MOVING AS ATICIPATED
DECEMBER JUST STARTED & NIFTY AT FRESH ATH
1800β
18375β β
ATH - 18600β β β
FRESH NEW ATH -- 18887
MOVING AS ATICIPATED
DECEMBER JUST STARTED & NIFTY AT FRESH ATH
1800β
18375β β
ATH - 18600β β β
FRESH NEW ATH -- 18887
Wealthcreatures.com
When Everyone was Super Bullish we felt we were fairly valued & Gave Profit booking call Now we Feel We are Very Close To BOTTOM @ 15500 - 15000 ZONE OR In next 15 Days Global markets should Bottom out and Our mkts shld also stablise and we can see baseβ¦
NIFTY
From March lows and also our wroste case senerio of 15000 zone
Today in 9 months Trading At ATH
18887 π
From March lows and also our wroste case senerio of 15000 zone
Today in 9 months Trading At ATH
18887 π
Wealthcreatures.com
I.T index started showing Reversal. Can it sustain. Valuation Resonable Look for strong & Fundamentals stocks picks with future growth & Earnings Our TOP PICKS ( 1 TO 3 YEARS WOULD OUT PERFORM) LTTS LTI AURIONPRO
LTTS
LTI
Aurionpro would soon join the Race possible aft Q3 Numbers
LTI
Aurionpro would soon join the Race possible aft Q3 Numbers
How many of Your Trading in Cryptos or Know About Crypto currency?
Anonymous Poll
14%
Yes
23%
No
19%
Yes - We Have Basic knowledge
26%
No - Don't know Basics
18%
Never want to do it ad heard it's Risky & Take my money π°
Wealthcreatures.com
How many of Your Trading in Cryptos or Know About Crypto currency?
Soon would share a link
Those having international A/C can join there as only there are onky 30% who wants to trade in
Those having international A/C can join there as only there are onky 30% who wants to trade in
π A weak company's good quarter is the biggest trap β¬οΈ
And
πA Strong company's bad quarter is the biggest opportunity β¬οΈ
πYou get 2 to 5 great investment opportunities every couple of years.Invest in Bussiness
πThe rest of the time is spent wondering if you will ever get another great opportunity again and convincing yourself to own mediocre opportunities while you wait. Don't rationalize your way into mediocre investments.
T.me/wealthcreature
And
πA Strong company's bad quarter is the biggest opportunity β¬οΈ
πYou get 2 to 5 great investment opportunities every couple of years.Invest in Bussiness
πThe rest of the time is spent wondering if you will ever get another great opportunity again and convincing yourself to own mediocre opportunities while you wait. Don't rationalize your way into mediocre investments.
T.me/wealthcreature
Telegram
Wealthcreatures.com
Visit us at www.wealthcreatures.com
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.
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.