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

NIFTY ❤️❤️

Nifty Support For Today@ 14240

Nifty Support for very short Term @ 14140/14000

NIFTY LOW for TODAY # 14263

EVERY DIP IS NOT GETTING BOUGHT NOW

STOCK SPECIFIC APPROACH & 👀

BIG EVENT # 1st FEB'2021 # BUDGET

STOCKS SHOWING STRENGTH IN DOWN MKT

DEEPAK NITRITE
VARROC ENGG
KOPRAN

PEL

LOOKING GOOD FOR 2 TO 4 MONTHS HOLDING

CMP - 1600

ADD MORE NEAR - 1550/1500 SUPPORT ZONE

T1 - 1700
T2- 1760
T3- 1818++

S/L - As per Risk or 1460 on cbsl

SHEELA FOAM

AGAIN AVAILABLE AT LOWS

1900 - 1915

ONE CAN ADD FOR MEDIUM TERM

CAN OUTPERFORM MARKETS

FUNDAMENTAL STRONG STOCKS ONE SHOULD LOOK TO ACCMULATE ON ALL DIPS FOR 12 TO 24 MONTHS

DEEPAK NITRITE @ 900 - 950

DELTA CORP @ 134 -145

POLYCAB@ 1100 - 1150

BEPL @ 135 - 145

MASTEK @ 1100 - 1160

IOL CHEMICALS @ 650 - 700

KOPRAN @ 110 - 120

JSPL @ 240 - 254

BAJAJ FINANCE @ 4200 -4400

BAJAJ FINSERV @ 7400 - 7700

S/L - As Per Risk.

NIFTY RESISTANCE - 14400

NIFTY VERY SHORT TERM SUPPORT @ 14240

ABOVE 14440 CAN SEE SHORT COVERING TILL 14500/14550

FRESH RALLY ONLY ON CLOSE ABOVE 14600

HUGE VOLATILITY EXPECTED TILL BUDGET AND ALSO AFT BUDGET FOR FEW DAYS

STAT WITH ONLY STRONG AND QUALITY STOCKS WITH GOOD MANAGEMENT

www.wealthcreatures.com

CHENNAI PETRO

SAFE BET

VALUATION COMFORT

LOW VOLATILITY

CMP - 118

Low - 116

Support - 113/109

SHOULD BOUNCE BACK

GOOD Q3 NUMBERS EXPECTED

TEST LEVELS # 126/132

ONCE CLOSED AVOVE 135 BIG MOVE EXPECTED

MEDIUM TERM TEST LEVELS - 150/160/181++

NIFTY

NOT ABLE TO CROSS 14400

AT DAYS LOW # 14250

Levels to watch 14240 below that more Pain To come

https://wealthcreatures.com/2019/07/26/mangalam-organic-time-to-slowly-accmulte-to-rip-benefits-in-long-term/

💚MANGALAM ORGANIC 💚

8% up

120 TO 614 DONE

240 TO 475 STILL IN LONGTERM TRADE

R.K DAMANI RECENTLY TOOK STAKE IN COMPANY

PURE INVESTMENT PICK
FOR 12 TO 18 MONTHS ONLY

OUR LONGTERM TEST LEVELS # 777/900++

GLAND PHARMA

2295

GIVING OPPORTUNITY TO ADD AT LOWER LEVELS

RECENT HIGH AFT RECO WAS 2375

KEEP ON RADAR

ADD ONLY ON DIPS

https://wealthcreatures.com/2020/03/30/mastek/

IF ONE CAN BEAR VOLATILITY

START ADDING MASTEK ON ALL DIPS

CMP - 1087

ADD ON DIPS TILL 1000/950 IN SIP

6 TO 12 MONTHS PATIENCE REQUIRED

COMPANY DOING WELL

UK & U.S BUSSINESS ARE ON TRACK

CHEAPEST I.T STOCK vs INDUSTRY

WE RECO THIS STOCK FROM 169 LEVELS

169 TO 1464

NOW AGAIN AVAILABLE AT GOOD LEVELS FOR LONGTERM

SOONER OR LATER VALUATION WLD CATCH UP

👉Today This Banking Stock is The
Star


👉Up 7.5%


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ONE STOCK FOR SHORT TO MEDIUM TERM

GALAXY SURFACTANTS

CMP - 2140

ACCMULATION ZONE - 1980 To 2100

SUPPORT@1920/1900

TEST LEVELS # 2250/2360/2525++

S/L - 1% below support Levels of 1879 on cbsl.

Tata Steel BSL Q3FY21 (Consolidate, YoY)

Revenue up 17% to Rs 5881.14 cr vs Rs 5038.11 cr

Ebitda up 485% to Rs 1,624.39cr VS
Rs 277.77cr

Ebitda Margins # 27.6% vs 5.5%

Net Profit # Rs 913.19cr vs Net Loss of Rs 501.5cr