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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.
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Tata Motors
Cmp - 258
Support - 255-252
Can Give Bounce Till 265/268/272 in day or two
Keep πŸ‘€
πŸ‘‰KARNATAKA BUDGET IMPACT

πŸ‘‰LIQUOR STOCKS ARE DOWN - AS Tax On Liquor Raised By 400 bps

➑️ McDowell down - 5.5%

➑️ UBL - 3%

➑️ Radico - 5%

➑️ GM Breweries - 4%
UK Court orders seizure of Vijay Mallya’s UK Assets, UK Court rules in favour of Indian banks. Tomorrow PSU Banks may Rally with Bank NIFTY
Chance to Accmulate Quality Liquor Stocks.

Karnataka Budget Impacting as Tax increased 4%

Accmulate On Dips for Investment

McDowell @ 600-620
GM Breweries @ 825-850
Pioneer Distillery @ 240-258
Associated Alchol @ 260-280
Som Dist @220-225
Wealthcreatures.com
πŸ‘‰Punjab chem 410-420 Accmulate T- 440/480/500+ TF - 2 to 4 months
Punjab Chemicals
410 To 597
πŸ’₯πŸ’₯

Can Test 625/640/ 745+
πŸ‘‰Varroc Engg
analysis -

πŸ‘‰Promoters 85%
Mutual funds 3.17% (AXIS biggest holder)
FPI 3.26%
Insurance companies 0.41%

Individual holding upto 2 lakhs - 5.92%
HNIs - 0.55%
*Together with Public* - 6.53%
πŸ‘‰Huge Short Covering Expected Above 10850 Spot Levels.

πŸ‘‰Can we cross 10840/850 this time ???

πŸ‘‰If We close Above 10850 , Midcaps can Stay Firm & Show Run Up also.