All chemical stocks showing signs of Bottoming out

Our sleeping 😴 lion 🦁 Deepak Nitrite

Also showing signs of Bottoming out

Expecting numbers to move upwards from march onwards

Technically trading above all important moving averages

Recent swing high was 2352

Wld be looking for close above 2360 for next leg of rally which is 5% to 6% away from cmp of 2230

Investing community never accept Bull market by mind, they always remain in fear whatever market is.

We have to stay disciplined towards our investing or trading journey

Movement in stocks is not in ours hand but we can find and invest in Best companies.

Average Bear market
Do last between 1-2 years

Average Bull market
Do last between 3-4 years

Just make a plan for 5 years investment
( Make sure select Good companies with Good promotors )

All psychological errors related to crash/correction which comes in mind each day overcomes

EKC

ONE Good Day and stock wld shoot

10% - 15% or within a week would move 10% to 20%

Getting Ready for such move very soon

Stay Tunned

INFORMATION IS TENTATIVE

IPO Allotment Dates

1) Tata Technologies:- 28th November
2) Gandhar Oil:- 28th November
3) IREDA:- Already Done
4) Fedbank:- 28th November
5) Flair:- 28th November

IPO Listing Dates

1) Tata Technologies:- 30th November
2) Gandhar Oil:- 30th November
3) IREDA:- 29th November
4) Fedbank:- 30th November
5) Flair:- 30th November

Just an observation

China shanghai index 3 years back 3400

Current level 3041.. down -10%

Nifty 50 index 3 years back 12900
Current level 19800.. up +55% absolute

And FIIs have been selling india (sec market) for last 3 years.

FII flows should be tracked but they are not necessarily the smartest investors.

Retail & Domestic investors are underrated

FIIs are overrated

EKC

DAYS Low - 138.75

Immediate support @ 135 - 137 zone

Opportunity for visionary & Patience investor

ADSL

4% 💚

Days High - 128
CMP - 126

Watchout for close above 130 in coming days

EKC

AVAILABLE @ 137

Retesting Breakout zone
Just watch price aft 1 -2 -3 -4 -6-12 Qtrs Later

IREDA LISTING TODAY

All The Best

Long way to Go For IREDA

IREDA

High loan growth >50%
Valuation multiples re-rating
Potential 10x EPS growth in 5 years
Market Leader in RE Sector Lending

IREDA List at 50 VS ipo price of 32

Now @ 55

We see great value multiplier in long term

💯 possible 1st in next 3 - 4 Qtrs and than can revise higher levels looking at numbers and Growth

Acquires Aquapharm chemicals
Cost of acquisition @ 3800cr

Positives

Has better OPM vs PCBL
20%+ consistently
Solid topline growth for last 3 years
Provides good diversification to PCBL

Negatives

Debt funded Acquisition along with internal accruals
Can stress BS in the short term
However PCBL has a strong track record of scaling up business

This wld Help them in Longterm

AcquaPharm Chemicals
Revenue :
FY21. 943cr
FY22. 1654cr
FY23. 2045cr

EBITDA:
FY21. 159cr
FY22. 423cr
FY23. 417cr

Won’t be surprise to see 400 - 500 - 600 in PCPL in long term

IREDA

60

EKC

136.20

CDSL

FRESH ATH

1917

IREDA

68.90

TATA TECH

KIS KI LAGA?

Hold for next whole Decade

500 ——> 1400

TATA TECH VS TATA Elxsi vs KPIT VS LTTS

LTTS IS CHEAPEST VALUATION WISE

EKC

134.55

Lagta hai Short term Retracement & Retest is Done

Shld see Reversal 🔜

Gandhar Oil

169 Wala ipo 344

Great Listing

Shld book 50% to 70% Atlest