Time to buy those waiting

There can be some bounce as many stocks Have Gone down on low volumes

Markets at oversold zone & Even many stocks at oversold levels

If 17824 is not violated than possible we can see 3% To 5% Bounce in nifty and also many stocks can go up

But there can be more Pain Ahead & Than we can make bottom

Nifty Todays Low - 17857

Support @ 17824

Keep 👀 for Bounce

PRAJ INDS

MOVING IN BROAD RANGE OF 300 TO 461

Cmp - 333 ( Days Low)

Strong Support @ 275 - 290 zone

Last time Reversed from 302 Zone

Should do well in next few Qtrs

17824 Broken

Let's wait for closing

Not Good for Bulls

Next Key support @ 17400 ,where also 200EMA is there

AWL

CMP - 498

Almost 10% Down

Almost 43% Down From ATH Of 868

Anything close To sub 400 - 440 zone is great buying opportunity

470 - 440 - 410 - 400 should add in SIP on dips if one have 12 to 24 months view


S/L - As per Risk

When ever market corrects huge in short span of time then never ever buy on the first 1 or 2 bounces.

This can be just a bounce from oversold zone

Let markets settle Down

17800 was protected on closing basis

But for Sustained Rally we need to close above 18250 zone

Keep close watch

Jyoti Resins
Saurabh Mukharjeel
Ashish Somaya
Investor & Analyst meet

Mamaearth DHRP filed

Fresh issue 400 crs

OFS - 2000 crs approx.

FY22 Revenue - 943 crs

FY22 PAT - 14 crs

At start of 2022, valued at $1.2 billion. At listing expected to be valued at $3bn. What changed in 12 months for 3x jump in valuation.?


Promoters selling, angels selling, early investor selling, late investor selling, brand ambassdor selling

They want all of this to be dumped to retail.!

Assuming a revenue of 1400 crs in FY23, a P/S of 17x

Retailers please be cautious ⚠️

Lesson from past Car2trade,Paytm,Nykka

Study and than invest


Disc - All views are personal and only for educational and study purpose. Consult your financial advisor before investing or taking any position based on above article.

USHA MARTIN

Fresh ATH

14% 🆙🆙

197

Almost Ready for 5x Now

41.50 To 197 Done ✔️ Till Now

Sakar Healthcare

Bouncing back from last week lows of 209

Metals Ko Thoda
Ab aft 9 months Metals going MAD

Just 3 months back All were short on Metals

PHIR I.T ko phoda
Next I.T bhi pagal Hoga kya??
Just check all negative for I.T and short on I.T in last 2 months

Sentiments Changing....Fast...that's Market

Market always Know more than US and looks Forward

The Month January in last few years:

2008:
Nifty peaked around 10th Jan, and was down 30% from there by 22nd, recovering minorly after that.

2009:
Nifty peaked around 7th, down 15% by 23rd.

2010:
Nifty peaked around 18th, down 10% by month end.

2011:
Nifty peaked on 4th, down 13% during the month. Recovery only post March.

2012, 2013: market went up in January.

2014:
Nifty peaked around 23rd, down 5% by month end.

2015:
Nifty was down 5% in 2 trading days in the 1st week, but recovered later.

2016:
Nifty peaked on 1st Jan, before going down 10% by 20th. Further 10% fall in Feb.

2017: market consolidated with bullish signs.

2018:
Very well remember this year. Exuberance of 2017 came to an end around 25th Jan. It was downhill from there.

2019:
Very choppy January. Up down up down.

2020:
Before the severe March crisis, market had started correcting from 20th Jan. Till Feb 1st, 7% down.

2021:
After a super 1 direction run since June 2020, Nifty corrected 8% from 21st Jan till month end, before resuming upward move from 1st Feb (Budget)

2022:
Nifty peaked on 18th Jan, a level which was only seen again on 11th Nov. Post 18th Jan, next one week saw Nifty 6% down. Minor recovery only started mid March.

Reason may be whatever. Januarys has been very volatile & have not been that good for Nifty 50 historically.

NELCAST

After making lows of 97 - 96

FRESH 52wk High Today

124.40 very close to our 1st Test Levels

The Perfect PUMP & DUMP
Case Study

NURECA


📈 550 to 2315 ( 8/20/2021)
&
📉 2315 to 418 ( Today's Low on 11/01/2023)

March 2021 Sharing holding pattern

Promotors - 70%
FII - 10.51%
DII - 8.09%
Retail - 11.40%

December 2022 Share holding pattern

Promotors - 62.98%
FII - 0.10%
DII - 0.00%
Retail - 37.02%

FII & DII Exited Fully

Many such cases will be happen in many scrips in coming Days

Invest only in GOOD COMPANIES & fundamental strong

Nureca once was very strong fundamentally company in 2021 Profit Making Company with excellent cash flow.
150 crores of Cash on Balance Sheet, Zero debt, Excellent ROE, ROCE everything was good until November 2022 when Suddenly things went Horribly wrong now that is where retail investors will struggle know what is a good quality stock.

LTTS

LTTS days Low - 3405

All dips 3400 - 3300 - 3200 - 3000( If lucky) are buying opportunity if you have 12/24/36 months time horizon

LTTS

Depends on how one look at it. For a short while, it will dilute margins, but it's a great acquisition and in great space.
They already have a topline of 1000cr approx,Once margin impact settles, it will help immensely.

Short term noise is always there....if you beleive in companys management just ignored and keep buying at right levels.

LTTS & LTIM has made money with proven track record. No one can predict short term price moves.

But time to invest in strong bussiness

2025 & 2026 can be a big Year for LTTS

L&T TECH Q3

CONS NET PROFIT UP 7.5 % AT 303 CR (QOQ), UP 22 % (YOY)

REVENUE UP 2.5 % AT 2048 CR (QOQ) ,UP 21.5 % (YOY)

EBITDA UP 5 % AT 440 CR (QOQ),UP 20 %(YOY)

MARGINS AT 21.5 % V 21% (QOQ),21.7 % (YOY)