Stocks that have Given Good Q3 Numbers are Bound to bounce back strongly once mid caps and small caps stabilise and see Reversal

Keep all those stocks on Radar

Another Round of selling

Selling pressure continues in Midcaps/Smallcaps and micro caps

Market has become very selective currently.

Only a very few stocks moving the market and stock participation has started reducing.

Many stocks looking exhausted now.

The ride ahead will not be as smooth until we get a decent correction in the market followed by Consolidation

Optiemus Infra
Good Numbers
Revenue 481cr vs 326cr
PBT 20cr vs 14cr, Q2 at 9.2cr
PAT 18cr vs 12.5cr

IREDA

162 locked 🔐 in LC

Would be closely 👀 at sub 140 zone

Seems that can be demand zone and can see Reversal

Remember :

Those who Dare To Buy In Red 🔴 will Enjoy in Green 🟢

Stock market is Game of Only 4 Things 🔴 and 🟢

Quality and Position Size.

Many ppl thinking even after companies post Good numbers stocks not moving

Possibility

If a company post good result then everyone notices that & Retailers are the first to buy immediately expecting it to go up,instantly

"Market does what we want but not when we want"

Market do what we want but not when we want, Why should you sell a company if it’s doing good just because it’s falling or not moving,It doesn’t become bad.

Stock market works on sentiment, rising prices attract buyers while falling prices attract sellers.

Expecting Recovery in midcaps/smallcaps/microcaps where Numbers are good and next qrt expected good Growth


Stock bound to recover soon

GOLDIAM - 183
Support@170

Geekay Wires -108
Support@ 98

EKC -151
Support@ 138/135

Aurionpro - 1951
Support@1850

IREDA ( watch for sub 140zone)

ADSL -145
Support@136

HFCL - 90
Support@82

Vindhya Tele - 2540
Support@ 2400/2340

Precision wires - 123
Support@110

Optiemus infra-300
Support@288

Trigyn Tech - 119
Near support

ZSARA COMM

20% UC

Fresh 52wk high

3774

Fresh ATH of 4189 expecting to cross 🔜🔜

Today’s lows in many stocks should be watched closely

Those stocks which are not revisiting those levels and showing strength would be the 1st To bounce Back

Go where there is strength If view is short to medium Term

HFCL

TODAY LOW @ 89.95

SIMPLE OBSERVATION

Bull market corrections are fast and furious espically in Midcaps & Smallcaps

They come to shakeout weak hands out of the Game

If Your stocks giving Good Numbers and Future seems Fine than Just Learn Not To Panic and if possible Increase Allocation

Such shakeouts are very common in a raging bull market

Don’t panic and sell your holdings, without any strong reason

Just Check past History

Only Major Falls like 2000 dot com bubble #2008 Lehman crisis #2018 LTCG # 2020 Covid can’t be compared

TIME TECHNO

18% 💥 💣

FRESH ATH

204➕

Nifty Smallcaps

ATH - 16691
Today’s Low - 15226
Support @ 15300
Currently @ 15640

14840 - 14925 Zone if not violated we would be again Getting Ready for Fresh ATH on smallcap index

Let’s C

Deepak Nitrite Q3 flat Numbers QoQ and Yoy, better than expected results on a consolidated basis when entire chemical industry is posting 50-75% down results Yoy.

Deepak Nitrite has planned huge capex also in coming quarters.
Total - 14000cr capex planned

Nifty Smallcaps 100

Today’s Low - 15390
Today’s High - 15661

Currently near Days High - 15655

Trying hard to stabilise

GOLDIAM fresh 52wk High

213

IREDA

154

Was waiting for sub 140 zone and today there were 2 Large Trades of 390cr and volume crossed almost 5.57 cr shares with 44% Delivery which is approx 2.47cr

From LC of 154 To UC of 170 closed @ 168.35

Can see few UC Now

HAZOOR MULTI PROJECTS
Q3 FY 24,Numbers

NET PROFIT 103M RUPEES VS 132M (YOY); 138M (QOQ) 

REVENUE 806M RUPEES VS 1.89B (YOY); 1.12B (QOQ) 

EBITDA 126M RUPEES VS 180M (YOY)

EBITDA MARGIN 15.70% VS 9.53% (YOY)