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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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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.
https://wealthcreatures.com/2018/06/29/midcaps-getting-sour-but-right-time-to-built-midcap-portfolio/

Few of Quality Stocks last week Picks Blasting

Shiva Agro 36 To 48 πŸ’₯πŸ’₯

Delta Corp 206 To 244πŸ’₯πŸ’₯

RIL 950 To 993πŸ’₯πŸ’₯

Jindal Saw 70 To 82 πŸ’₯πŸ’₯

IBull Housing 1100 To 1158πŸ’₯πŸ’₯

Som Distillery 225 To 251πŸ’₯πŸ’₯

Sarda Energy 380 To 400 πŸ’₯πŸ’₯

JSPL 210 To 222 πŸ’₯πŸ’₯

DBL 664 To 722 πŸ’₯πŸ’₯

Escorts 840 To 899 πŸ’₯πŸ’₯

Sibar 30 To 36.75 ( Dark Horse ) πŸ’₯πŸ’₯
Macquarie on Oil Cos
Double upgrade Reliance to Outperform

Fundamental fair valuations increase for RIL to Rs1240 (from 830),
HPCL to Rs670 (from 540), IOCL to Rs310 (270), BPCL to Rs650 (535)
Hexaware can Test 520/540/555 keep Trailing .
Not able to msg Coz Of Network problem from last 2 Days