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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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Wealthcreatures.com pinned «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.»
Wealthcreatures.com
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.
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.
Japanese Markets at
lower circuit
Nikkei 12.40% down

Whole Global markets also down & That’s effecting our markets Too


Let’s C how & Where Day Ends for our Markets
Our Study says
We have not yet made Top 🔝

Hopefully we can bounce back after some pain
Pain can be in terms of volatility for next 2 to 3 weeks

Once global mkts stabilise we can bounce back more strongly 💪

Nov/Dec can we see New ATH ??

Let’s C

If not able To cross ATH by
Nov/Dec than Top already made & Time to rework on strategy

Let’s C what happens….
JUST AN OBSERVATION

Today markets breadth

80 to 90 stocks +ve
1570 To 1580 Stocks -ve

Almost such market breadth had happened ON

13th March ‘24
4th June ‘24
And Today also

Such situation we had seen 4 times only in last 2 years

IN past Markets Bottoms Temperory after such moves

Will History Repeat Again??
Deepak Nitrite
FY25 Q1 Numbers Today
Deepak Nitrite
Q1 FY25 result - mixed set of numbers

Good YoY and subduded QoQ

YoY revenue - 2,185 cr Vs 1,800 cr ⬆️
YoY PBT - 274 cr Vs 201 cr ⬆️
YoY PAT - 202 cr Vs 149 cr ⬆️
YoY EPS - 14.85 vs 10.99 ⬆️

QoQ revenue - 2,185 cr Vs 2,145 cr ⬆️
QoQ PBT - 274 cr Vs 349 cr ⬇️
QoQ PAT - 202 cr Vs 253 cr ⬇️
QoQ EPS - 14.85 vs 18.61 ⬇️
Wealthcreatures.com pinned «Years when there were corrections/Bear markets/Big Falls due to some or the other Reason 1982 - Worst recession in 40 years, debt crisis. 1983 - Market hits record - Market too high. 1984 - Record U.S. Federal deficits. 1985 - Economic growth slows. …»
Wealthcreatures.com
Lux inds 5% 💚 Fresh 52wk High 2200
Lux inds

Yesterday in Deep Red mkt 9% 🆙

And Today also 5% 💚

Fresh 52wk High

2376
Two +ve for our markets

Crude at 6 months Low

Current unrest in Bangladesh is +very for Indian Textile sector

Bangladesh has substantial Garment Export
Wealthcreatures.com
Nifty has erased 1200 points almost from ATH 25078 To 23893 NIFTY support @ 23750/23690 Expecting some bounce
Nifty

260 points Gains Erased

Days High - 24382

Now at Days Low @ 24120

Seems only after more clarity Stability would come