MARKETS VIEW

NIFTY HAD RALLIED ALMOST 900 POINTS IN JUST 2 DAYS FROM 10700 TO 11600

11850/11890/12000 RESISTANCE FOR NIFTY BIAS VERY POSITIVE SO HIGH CHANGES OF RESISTANCE TO BE CROSSED

NIFTY RANGE NOW MOVED TO 11400 - 11800 ZONE

THIS CAN BE SHORT COVERING RALLY AND NOT BROAD BASED BUYING.WE CAN SOON SEE PROFIT BOOKING AFTER FEW DAYS OF GREEN

DONT GET CARRIED AWAY BY CURRENT SITUATION.

NEED TO WAIT FOR OPPORTUNITY TO GET INVESTED

TRADING OPPORTUNITY AVAILABLE AT DIFFRENT LEVELS & INDIVIDUAL STOCKS

STOCK SPECIFIC ACTION TO CONTINUE

ALSO KEEP ON RADAR

JBM AUTO
OLECTRA GREENTECH

ELECTRIC BUSES COMING

CONSUMPTION STORY STOCK

VENKYS 4.5% UP

1857

CAN PAUSE AROUND 1890 AS RESISTANCE LEVEL

BUT HIGHER PRICES COMING IN NEXT 6 TO 12 MONTHS

HIMADRI CHEMICAL UP 10%

92


EXIDE INDS UP 3%

Jbm Auto 6%

V2 RETAIL

YESTERDAY AFTER 20% UC

STOCK AGAIN UP 13%

90 TO 172

IN LONG RUN CAN TEST 300/350+

IN SHORT TERM CAN SEE SOME PROFIT BOOKING AT 175 LEVELS AND CAN AGAIN TEST 10% TO 15% LOWER

ONE SHOULD BOOK SOME OR PART PROFITS IN INDIVIDUAL STOCKS WHICH HAD GOOD RUN UP OF 30% TO 70% IN LAST ONE MONTH

MIDCAPS ARE FLAVOUR CATCHING UP

BUT IN SHORTTERM WE CAN SEE RETRACEMENT & PROFIT BOOKING
.

https://wealthcreatures.com/2019/07/31/freshtrop-fruits-can-be-a-serious-longterm-fmcg-player/


BIGGER RALLY IS PENDING IN FRESHTROP FRUITS

ONCE BUYBACK IS COMPLETED AND AFTER Q2 AND Q3 WE CAN SEE SUSTAINED RALLY

FROM LAST 15 DAYS STOCK RANGE BOUND - 95 TO 105 ZONE ONLY

https://wealthcreatures.com/2019/09/24/correction-is-temporary-and-growth-is-permanent-in-indian-equities/

ALWAYS INVEST IN QUALITY STOCKS WITH GOOD MANAGEMENT.

ITS JUST MATTER OF TIME.

THE LONGER YOU STAY WITH GROWING COMPANIES THE MORE YOU EARN

JUST JUSTIFY YOURSELF ARE YOU TRADER OR INVESTOR. INVEST ACCORDINGLY

CORRECTION IS BEST TIME TO INVEST

DEEPAK FERTLISER UP 14%

KEEP ON RADAR DEEPAK NITRITE

STOCK HAS GOOD CONSOLIDATION BETWEEN 270-300 ZONE

ANY CLOSE ABOVE 306/308 STOCK POISED FOR NEW 52wk HIGH THERE AFTER

340/360/375+
POSSIBLE IN NEXT 1 TO 2 QTR

🎯TINPLATE 🎯

DAYS HIGH 134

CLOSED - 130✅

142/150 COMING SOON

MANGALAM ORGANIC

HAS BOUNCED ALMOST 65% FROM LOWS OF 242 TO 400

WE FEEL LONG TERM PRICE TARGET ARE INTACT AS FUNDAMENTALS ARE VERY STRONG WITH GOOD PRODUCT LINEUP & EXPANSION

BUT IN SHORT RUN WE CAN SEE SOME PROFIT BOOKING AS ON TECHNICAL FRONT STOCK IS LOOKING OVERBOUGHT IN SHORT RUN

STOCK CAN FUTHER MOVE 5% TO 10%

BUT FOR SUSTAIN RALLY IT HAS TO COME DOWN

SHORT TERM INVESTOR SHOULD BOOK PROFITS & LONG TERM INVESTOR SHOULD ALSO BOOK 50% PROFITS

JBM AUTO AGAIN UP 12%

32 UP IN JUST 2 DAYS

BOOK PROFITS AS PER RISK

LONGTERM WE EXPECT 300/350+

GAVE HINT TO BOOK PROFITS

NIFTY DOWN ALMOST 275 POINTS 11674 TO 11420

NIFTY HAS SUPPORT AT 11350 & 11200

WE FEEL NIFTY TO BOUNCE BACK FROM THOSE LEVELS

AS OF NOW 11000 HAS BEEN STRONG BASE

AND STRONG SUPPORT 11200

NIFTY RANGE 11300 TO 11650 FOR NEXT FEW DAYS

1.45 Lakh crores of stimulus was needed to push the market upside.


Markets needs continuous stimulus on weekly basis to run on the upside or sustain...

😂😂

Crazy markets

MANGALAM ORGANIC FROM 3% UP TO NOW AT 5% LOWER CIRCUIT

8% LOWER AVAILABLE FROM MORNING RATE

THOSE WHO SOLD WAIT PATIENTLY TO ADD AT LOWER LEVELS WOULD UPDATE

MANY STOCK HAVE ALREADY GIVEN 50% TO 70% RETURNS

STILL MANY STOCK CAN GIVE MULTIBAGGER RETURNS

FROM SECOND HALF OF 2020 TO 2021 CAN BE YEAR OF MIDCAPS & SMALLCAPS

MANY STOCK HAS POTENTIAL TO GIVE EVEN 3×/5× KIND OF RETURNS IN NEXT 3 TO 5 YEARS

JUST A MATTER OF TIME

PATIENCE