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)

Kellton Tech

15% 💥💚

Fresh ATH

142

NIFTY

Hits ATH - 24461

❄️ VALUATION STATICS

🔆 NIFTY 50
Jun'23 — 18600 at 21.53x PE ratio

Jun'24 — 24461 at 23.25x PE ratio

Implied EPS GROWTH 𝟐𝟏.𝟔% YOY

🔆 NIFTY500
Jun'23 — 15800 at 22.54x PE ratio

Jun'24 — 21800 at 25.26x PE ratio

Implied EPS GROWTH 𝟐𝟏.𝟏% % YOY

Currently Liquidity & Fomo is very strong 💪
Nifty won’t stop early possible 25000- 25200 or 25500
No one know the 🔝

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

Time 🕰️ to be alert 🔔 🚨

We are in Longterm
Bull market 📈 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)

Covid Bottom we had predicted very closely

In 2021-2022 Top of 18500 was also based on this data 📊

Data can’t be Wrong

So can this Time also with Data 📊 we can closely correlate the 🔝

Let’s C

Updated Before

13 days

Nifty moved 24000 To 24461

Broader markets to take a Breather

Hope this might have helped many

Nifty

Days Low - 24142

Support @ 24000/23960

Strong 💪 support @ 23750 -23700 zone

All 👀 on Budget Annoument for sector & Stock specific moves

https://youtu.be/DPN8IqykNLg?si=J_qx2XjQz3KFjJFH

HG infra

Emkay Securities Buy Rating

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

Shipbuilding 🚢
Is most important make in India theme for the govt

-Adani plans 45,000cr shipyard in Mundra

-L&t shipyard own 2 Five Fleet support ships (FFS) 45,000Tone ship will be among largest ship in navy

-swan energy raises 3000cr to invest in revival of Reliance naval at pipavav

PSU giants Mazagon , Cochin ,GRSE all are doing rapid expansion & booming orders including export to Europe.

Shipbuilding Auxiliaries will grow exponentially

Catch hidden Names young

Just an observation

Markets taking Breather & Thinking What can be announced in budget ??

This has happened many times in past a week or two before budget & markets needed Reason To come down

Till time Mkt’s Remains Above 23750 its wld continue its upward journey

Focus shld be on individual stock specific ideas 💡 that can outperform markets over a period of Time

HG Infra

Days Low - 1665

Support @1670/1550

Kabra Extrusion Tech

70 To 500+ done ✔️

Now getting charged up for 2nd Round of Upmove after long consolidation

CMP - 414

Days Low - 401

Support @400

Shld do well in next 4-8-12 Qtrs

Disc - All views expressed are only for educational purpose only.consult your financial advisor before investing or taking any position based on above article