MRF NEW 52WK HIGH

VARROC ENGG

STARTED MOVING SLOWLY 🐢

423

Crossed imp resistance at 418

NIFTY RESPECTING

14400 - 14450 SUPPORT ZONE

Mutual fund started adding XELPMOC

SUVEN PHARMA

GIVING OPPORTUNITY TO ADD

487.60 LOW

BEPL

Our 🌟 Performer

Running from 44 TO 180

AGAIN GIVING OPPORTUNITY

ONE CAN ADD LIGHT QTY

CMP - 158

Add Bwt 148 - 155 zone

Test levels # 170/180/205++

S/L - As per Risk OR 140 on cbsl

DEEPAK NITRITE

ON RADAR

EXPECTING UPMOVE VERY SOON

CMP - 1020

One can Add light Qty here also bwt 990 to 1020

Support @ 976/960

Once closed above 1041

We can see New All Time High

Expected Test levels # 1075/1111/1160++

S/L - As per Risk or 2% below support levels

LAURUS LABS

OUTPERFORMING

375

LTTS

THOSE WHO HAVE MISSED RALLY FROM

1800 TO 2748

NOW LTTS AVAILABLE AT LOWS

2540

ONE CAN ADD LIGHT QTY HERE AND MORE NEAR 2500

Support @ 2515

TEST LEVELS # 2727/2750/2828/2900+++

S/L - 2385 on cbsl or as per risk

NIFTY BROKEN

IMPORTANT SUPPORT

14400

If closed below 14400 than possible 14300/14150 and 14000

This is Normal after sharp Run up

Gave Profit booking Alert 📢

Profit booking update

STAY CALM

MARKETS WOULD RECOVER 🐌

14400 Till time not violated On closing basis

Profit booking is Normal after sharp RUN UP

SHEELA FOAM

KEEP ADDING

STANDING STRONG IN DOWN MKT

THOUGHT FOR UPCOMING WEEK

IT'S NOT WHETHER YOU'RE RIGHT ✅ OR WRONG ❌
THAT'S IMPORTANT,BUT HOW MUCH MONEY YOU MAKE
WHEN YOU'RE RIGHT ✅ &
HOW MUCH MONEY U LOOSE WHEN YOU'RE WRONG ❌

SMALL STUDY ON NIFTY

🎯PAST 20 YRS HISTORY SAYS

🎯NIFTY HAS NOT SUSTAINED
RALLY BEYOND 8 TO 9 WEEKS OF CONTINUE GREEN CANDLES

🎯LAST WEEK WAS OUR 8th STRAIGHT WEEK OF POSITIVE UPMOVE AND ON FRIDAY NIFTY FAILED TO CREATE GREEN CANDLE

🎯THERE WERE 2 RARE INSTANCE IN 2006 & 2009 WHERE NIFTY WENT UP FOR 11th TO 12th WEEKS ALSO.

🎯SMALL HOPE FOR UPCOMING WEEK IF WE NEED TO GO UP THAN NIFTY NEED TO CROSS 14550/14650 AND ON DOWNSIDE 14350 SHOULD BE PROTECTED OR ELSE CAN SLIDE FUTHER.

🎯POSSIBLE SLOW & STEADILY NIFTY CAN SHIFT BASE TO LOWER RANGE WHICH CAN BE AROUND 14000 AND BELOW 13980 CLOSE POSSIBLE TEST LEVELS CAN BE 13750-13500-13140-12800 ON NIFTY OVER S PERIOD OF TIME.

🎯ABOVE SCENERIO COMES INTO ACTION 🎬 ONLY IF NIFTY CLOSES BELOW 14350 & 14000 AND DOES NOT CROSS 14550/14650 IN JAN'2021

🎯WE CAN JUST CORELATE THE PAST HISTORY. ITS NOT SURE SHOT. BUT JUST A SMALL CASE STUDY AS PER MY EXPERIENCE & KNOWLEDGE.

🎯12430 WHICH WAS LAST TOP WHICH WAS MADE IN JAN'20 CAN BE SUPER STRONG SUPPORT.

EXPECTATION#VALUATION#ONE WAY RALLY#MUCH NEEDED COOL OFF# CONCENTRATE ON STOCK SPECIFIC MOVES # BOOKING SHORT TERM PROFITS # LONGTERM KEEP TRAILING #OPPORTUNITIES TO COME#MKT TO SUPRISE# 10% To 15% HEALTHY CORRECTION EXPECTED#KEEP EYES ON LEVELS#TUG OF WAR BWT BULLS 🐃 & BEARS 🐻

DISC - All views expressed are personal and only for educational and study purpose. Consult your financial advisor before investing or taking any position based on above article.

t.me/wealthcreature

Morgan Stanley raises India’s ‘overweight’ position and makes China pay for it

While many suggest that India's share markets have priced in a swift earnings recovery, global brokerage and research firm Morgan Stanley believes there is further scope for positive surprises. While many suggest that India's share markets have priced in a swift earnings recovery, global brokerage and research firm Morgan Stanley believes there is further scope for positive surprises. Aided by this view Morgan Stanley has increased its 'overweight' position on India, along with Korea and Brazil. The adjustment is made by reducing its rating on MSCI China to 'equal-weight'. In a recent note, co-authored by Ridham Desai and Sheela Rathi, Morgan Stanley said that India could outperform emerging markets in 2021.

While global equity markets continue to be the basis for market moves, India could become idiosyncratic with its own dynamics on policy, earnings, COVID-19, vaccine and real rates, and likely outperform EM in 2021," the note said. Indian stock markets have underperformed emerging markets over the past five years as growth turned out to be less than expected. Strong growth momentum In 2021, Indian equities are expected to be supported by multiple factors, including government policy decisions.

With COVID-19 infections appearing to have peaked, government policy action beating expectations, and Indian companies picking up activity through the pandemic, we expect growth to surprise on the upside," Morgan Stanley said.

Additionally, strong agricultural output, recovery in global exports, and monetary stimulus could help. Desai and Rathi expect a series of upgrades for domestic stocks after a hiatus of several quarters, adding that the upcoming growth cycle might not be fully priced in. "The earnings yield gap model indicates that earnings will rise 20% in the coming 12-months in line with our top-down forecast but we may be entering a multi-year cycle which is likely not yet priced in," they said.

· Key catalysts Global equities are among the key catalysts that could move domestic markets ahead. Any depreciation in the Dollar index is expected to bode well for Indian stocks. Along with that, the momentum of policy action such as the recent laws on agriculture,labour, and manufacturing is being keenly watched.

On the monetary policy front, the downward rate cycle is expected to be over. "With inflation likely to remain sticky due to supply-side issues and interest rates likely to be at current low levels to address growth concerns, real rates may remain in negative territory for most of 2021," the note said.

India has also managed to tame the coronavirus pandemic with cases continuing to slip and case-fatality rate now well below peak levels. To add to that vaccine roll-out with a home-grown vaccine and strong production infrastructure. Morgan Stanley said that local short period shutdowns could be the way forward if at all,implying that the economic recovery is likely to gain momentum.

t.me/wealthcreature

STOCK TO KEEP ON RADAR

FOR COMING WEEK

PVR

Cmp - 1474

Once closed above 1518 can see Upmove Till 1555/1610/1700++

MASTEK

Mr.Anant CEO HAS LEFT COMPANY

This is short term negative

But Over a period of time New CEO wld be appointed

Management is very strong

Cmp - 1156

Down - 11%

ONE CAN ADD FOR 6 TO 12 MONTHS VIEWS

STRONG BOUNCE WOULD COME NEXT WEEK