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DEEPAK NITRITE
Cmp - 2095
Days Low - 2042
FROM long Time
1900 - 2300 zone
At Lower end finds support and at upper band Resistance and supply
Wld be looking for crossing 2300 soon
Let's c
Cmp - 2095
Days Low - 2042
FROM long Time
1900 - 2300 zone
At Lower end finds support and at upper band Resistance and supply
Wld be looking for crossing 2300 soon
Let's c
Wealthcreatures.com
DEEPAK NITRITE Cmp - 2095 Days Low - 2042 FROM long Time 1900 - 2300 zone At Lower end finds support and at upper band Resistance and supply Wld be looking for crossing 2300 soon Let's c
Why Deepak Nitrite Saw run 🏃♀️ up of 7% Today
1⃣ Phenol acetone prices we believe have bottomed out and are up 6% MoM - key trigger for the Co.
2⃣ Just like PLI in IT products, PLI in base chemicals is expected soon though timelines are unknown.
3⃣ China is trying desperately hard to stimulate its economy - whether they will be successful or not is up for debate but for now one is starting to see traction in base chemical prices as well like Phenol acetone, caustic soda and soda ash.
4⃣ Commodity Chemicals as a segment has consolidated for long - although the specialty chemicals space will take longer to recover, commodity chemicals can exhibit a quicker turnaround.
Deepak Nitrite is a good proxy to this theme
1⃣ Phenol acetone prices we believe have bottomed out and are up 6% MoM - key trigger for the Co.
2⃣ Just like PLI in IT products, PLI in base chemicals is expected soon though timelines are unknown.
3⃣ China is trying desperately hard to stimulate its economy - whether they will be successful or not is up for debate but for now one is starting to see traction in base chemical prices as well like Phenol acetone, caustic soda and soda ash.
4⃣ Commodity Chemicals as a segment has consolidated for long - although the specialty chemicals space will take longer to recover, commodity chemicals can exhibit a quicker turnaround.
Deepak Nitrite is a good proxy to this theme
BIG POSITIVE
India’s Chemical Industry Expected to Reach US$304 Billion by 2025
https://www.india-briefing.com/news/indias-chemical-industry-expected-to-reach-us304-billion-by-2025-29206.html/
India’s Chemical Industry Expected to Reach US$304 Billion by 2025
https://www.india-briefing.com/news/indias-chemical-industry-expected-to-reach-us304-billion-by-2025-29206.html/
India Briefing News
India’s Chemical Industry Expected to Reach US$304 Billion by 2025
India's chemical industry ranks sixth globally and third in Asia, and contributes 7% to national GDP. We discuss sector investment prospects.
Wealthcreatures.com
Asian Tiles Aft Long consolidation Giving break Days High - 59+ Watchout for close above 58
Asian Tiles
Moving slowly 🐌
63+
Moving slowly 🐌
63+
Those who have not invested would hate current Rally in Individual stocks a lot....
Wealthcreatures.com
LINCOLN PHARMA FRESH ATH 503 240 To 503 Done Till Now Next Test Zones - 600/666/750/890+
Lincoln pharma
Promotors continues increasing stake from open mkts
Fresh ATH
526
Promotors continues increasing stake from open mkts
Fresh ATH
526
Wealthcreatures.com
LINCOLN PHARMA Only for Patience Holder Investment pick CMP - 240 ADD ON DIPS NEAR SUPPORT support @ 229/220 Promotors cont. Buying from open mkt. Good product line up TEST LEVELS # 300/400/500/600++ TF - 6/12/18/24 MONTHS S/L - 190 on closing…
LINCOLN PHARMA
Fresh ATH 💚
526
REVISED TEST LEVELS - 750/900/1111+
Patience is a Must
Fresh ATH 💚
526
REVISED TEST LEVELS - 750/900/1111+
Patience is a Must
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PM Modi: MF AUM Rose from 8Lac Crore to 40Lac Crore in just 10 years
Wealthcreatures.com
ASIAN TILES DAYS LOW - 45.55 Good opportunity if have Patience Looks like Shakeout of weakhands today Should bounce back to sub 50 zone
ASIAN TILES
Last 2 weeks huge volumes indicating strong 💪 move & today made
FRESH 52WK HIGH
70.70
50% UPMOVE DONE ✔️ Till Now
Now close above 72 would make journey for 90 & 💯
Last 2 weeks huge volumes indicating strong 💪 move & today made
FRESH 52WK HIGH
70.70
50% UPMOVE DONE ✔️ Till Now
Now close above 72 would make journey for 90 & 💯
Rules say
INVEST in Business & TRADE in stock prices
Just opposite Many Do
INVEST in stock prices & TRADE in BUSINESS.
INVEST in Business & TRADE in stock prices
Just opposite Many Do
INVEST in stock prices & TRADE in BUSINESS.
Wealthcreatures.com
I.T Index Almost 2% UP 31580 31500 ✔️ Next - 32650/33000/35450/36600 And Than The Big one 40000 ➕️
Keep IT Stocks on Radar for the next 3 to 6 Months.
NIFTY IT
Cmp 31511
Close above 31660 to 31700 possibility of 4500 to 5000+ points rally in 4-5 months.
Looks interesting. Is it happening or bears hitting back down again. Only time shall tell.
However to be noted that in last 1 to 1.5 year almost 5-6 attempts were made to breakout but failed.
Chances happening this time looks bright.
Reason many were bearish on IT but simultaneously stocks were getting accumulated at lower levels.
Lets hope for the best.
Just a view rest everyone should do there research before taking any action.
NIFTY IT
Cmp 31511
Close above 31660 to 31700 possibility of 4500 to 5000+ points rally in 4-5 months.
Looks interesting. Is it happening or bears hitting back down again. Only time shall tell.
However to be noted that in last 1 to 1.5 year almost 5-6 attempts were made to breakout but failed.
Chances happening this time looks bright.
Reason many were bearish on IT but simultaneously stocks were getting accumulated at lower levels.
Lets hope for the best.
Just a view rest everyone should do there research before taking any action.
Wealthcreatures.com
On Radar ADSL Cmp - 132 - 133 Accmulate at cmp & all dips Till 124 Support - 115/109 S/L - 99 on cbsl or As per Risk Test Levels- 225/300/388/460+ TF - 6/15/18/24 months Allied Digital ( ADSL)is cheapest out of All IT pack With strong fundamentals.…
ADSL
Days High - 139.65
Watchout for close above 141- 142
Days High - 139.65
Watchout for close above 141- 142
Wealthcreatures.com
NMDC STEEL Got Listed Locked in 5% UC @ 33.30 Demerged 1:1 Nmdc cmp - 120 Total - 153 Almost 50% Move
NMDC LTD cmp - 140
NMDC STEEL Cmp - 59.70
Total - 200
102 To 200
Almost 98% Returns in safe investment in just 14 months
Many still say markets are very risky
NMDC on Radar Again
Book 50% Profits 📈 and Keep Free shares forever
NMDC STEEL Cmp - 59.70
Total - 200
102 To 200
Almost 98% Returns in safe investment in just 14 months
Many still say markets are very risky
NMDC on Radar Again
Book 50% Profits 📈 and Keep Free shares forever
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NMDC Cmp - 102 Days Low - 101.65 52wk High - 189 Dividend Yield - 14.3% FY22 Net profits - 9379cr Market cap - 30000cr Pledge - Zero Technical - Trading below all important moving avg & also below 200DMA which is placed@ 144 Resistance @ 118/130/140/145…
NMDC LTD cmp - 140
NMDC STEEL Cmp - 59.70
Total - 200
102 To 200
Almost 98% Returns in safe investment in just 14 months
Many still say markets are very risky
NMDC on Radar Again
Book 50% Profits 📈 and Keep Free shares forever
NMDC STEEL Cmp - 59.70
Total - 200
102 To 200
Almost 98% Returns in safe investment in just 14 months
Many still say markets are very risky
NMDC on Radar Again
Book 50% Profits 📈 and Keep Free shares forever
Be fearful when everyone is greedy,
Be Greedy when everyone is fearful,
People are getting greedy for small caps and mid-caps
Valuations are flying like crazy
People want a minimum 20-30% return that too very Quickly or in very short term
Time to remember this👇
In 2017 small caps flew crazy
But in 2018👇
There was carnage in the market
Stats on the performance of small and mid-cap stocks in India in
2018~800 stocks corrected more than 70%
~1500 stocks corrected more than 50%
~1500 stocks corrected more than 40%
~150 stocks corrected in between 20-40%
~50% of BSE 500 index stocks had corrected in excess of 50%
Dont get greedy
Be very humble!
Be Greedy when everyone is fearful,
People are getting greedy for small caps and mid-caps
Valuations are flying like crazy
People want a minimum 20-30% return that too very Quickly or in very short term
Time to remember this👇
In 2017 small caps flew crazy
But in 2018👇
There was carnage in the market
Stats on the performance of small and mid-cap stocks in India in
2018~800 stocks corrected more than 70%
~1500 stocks corrected more than 50%
~1500 stocks corrected more than 40%
~150 stocks corrected in between 20-40%
~50% of BSE 500 index stocks had corrected in excess of 50%
Dont get greedy
Be very humble!
Wealthcreatures.com
On Radar ADSL Cmp - 132 - 133 Accmulate at cmp & all dips Till 124 Support - 115/109 S/L - 99 on cbsl or As per Risk Test Levels- 225/300/388/460+ TF - 6/15/18/24 months Allied Digital ( ADSL)is cheapest out of All IT pack With strong fundamentals.…
ADSL
UPMOVE STARTED
6%
145 💚
Fresh 52wk High coming soon
UPMOVE STARTED
6%
145 💚
Fresh 52wk High coming soon