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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.
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RVNL 180 To 498
RVNL

ANOTHER

12% πŸ’₯

548
Wealthcreatures.com
NIFTY @ 24000βž•βž• But Sentiments Are Low for Midcaps/smallcaps/Microcaps Interim budget coming in JULY Chances are High Broader markets to Take Some Breather and few points On downside Some consolidation needed before start of Result Season NIFTY To…
Nifty

Taking some breather after hitting ATH of 24400

Sector & Stock specific moves are happening where there is expected some announcement in budget or Where Earning visibility & Growth is there and where Q1 Numbers are expected to be Good
We don’t Run Any Paid Channel

Those Minted Good money
πŸ’° πŸ’΄

Pls Donate Some Food to needy and Do donate Some amount from
PROFITS to Nearest Gaushala πŸ™πŸ™

Karma kar # Fal ki Chinta maat Kar πŸ™
❀7πŸ‘2πŸ‘1
Deepak Nitrite
Wealthcreatures.com pinned Β«We don’t Run Any Paid Channel Those Minted Good money πŸ’° πŸ’΄ Pls Donate Some Food to needy and Do donate Some amount from PROFITS to Nearest Gaushala πŸ™πŸ™ Karma kar # Fal ki Chinta maat Kar πŸ™Β»
JUST AN OBSERVATION

2008 & 2018
Top of small cap index
The more the Gap bwt Nifty & Smallcap index the safer it is

Small cap index - 19100
Nifty - 24300

Now the gap between nifty and small cap index just 5200 , previously it touched 8500.

Lowering the gap between indexes increases the risks for correction.
Bansal Wire IPO coming at
41 PE multiples .

Geekay Wires is consolidating at 12-13 PE multiples.
( 90 - 95)
Wealthcreatures.com
Nifty Taking some breather after hitting ATH of 24400 Sector & Stock specific moves are happening where there is expected some announcement in budget or Where Earning visibility & Growth is there and where Q1 Numbers are expected to be Good
NIFTY

Hits ATH - 24461

❄️ VALUATION STATICS

πŸ”† NIFTY 50
Jun'23 β€” 18600 at 21.53x PE ratio

Jun'24 β€” 24461 at 23.25x PE ratio

Implied EPS GROWTH 𝟐𝟏.πŸ”% YOY

πŸ”† NIFTY500
Jun'23 β€” 15800 at 22.54x PE ratio

Jun'24 β€” 21800 at 25.26x PE ratio

Implied EPS GROWTH 𝟐𝟏.𝟏% % YOY

Currently Liquidity & Fomo is very strong πŸ’ͺ
Nifty won’t stop early possible 25000- 25200 or 25500
No one know the πŸ”

We are very close to fair value on Eps basis & Even Price to book Ratio

Time πŸ•°οΈ to be alert πŸ”” 🚨

We are in Longterm
Bull market πŸ“ˆ but valuation are getting expensive
Those buying freshly with huge money should take proper guidance and should be very careful
Nifty P/B ( Price to book)
Wealthcreatures.com
https://wealthcreatures.com/2020/03/22/corona-virus-covid-2019-nifty-12430-to-7833-opportunity-or-more-pain/ πŸ”ΈCovid Bottom was had been predicted very close with Data Analysis πŸ”ΈCurrent Nifty50 @ Trailing P/E 19 Times & Forward P/E 15-16 times πŸ”ΈIn…
Covid Bottom we had predicted very closely

In 2021-2022 Top of 18500 was also based on this data πŸ“Š

Data can’t be Wrong

So can this Time also with Data πŸ“Š we can closely correlate the πŸ”

Let’s C
Nifty

Days Low - 24142

Support @ 24000/23960

Strong πŸ’ͺ support @ 23750 -23700 zone

All πŸ‘€ on Budget Annoument for sector & Stock specific moves
Wealthcreatures.com
Kellton Tech 15% πŸ’₯πŸ’š Fresh ATH 142
Kellton Tech

95 To 144

50% Upmove

Today Days Low - 131.50

Support @ 128

Strong support zone @ 110-100 zone

Can be in different League in next 1-2-3-5 years

Disc - All views are only for educational and study purpose only.consult your financial advisor before investing or taking any position based on above article
Profit booking seen Ahead of Budget
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