Chemicals - Channel checks - Prices of some chemicals continue to rise

Caustic Soda - prices continued its uptrend and rose sharply by 37% to Rs 67/kg
(some have even indicated Rs 73/kg)
Stocks To watch out #
Gujarat Fluro, GACL, Atul, Meghmani Finechem

Soda Ash dense prices too have risen by 7.9% to Rs 27.4/kg >>> stocks To watch out # Tata Chemcials, GHCL

H-Acid and Vinyl Sulphone prices rose by 10% and 7.9%
Stocks To watch out #
Bodal, Shree Pushkar, Kiri inds

TDI prices rose by 11.6% MoM >>> stock to watch out # GNFC

Phthalic Anhydride, Maleic Anhydride, Benzoic Acid rose by 8%, 39.5%, 22.4% MoM
Stock to Watch out # IG Petrochem, Thirumalai chemicals & Gufic Bio

Paste PVC prices have risen by Rs 20/kg to Rs 260/kg from the last fortnight
Stock To watch out # Chemplast Sanmar

Phenol spreads rose by 7% to US$ 864/MT over last 7 days. Average spreads for 2Q’22 was up 0.6% YoY and down 9.1% QoQ to US$ 698/MT
Stock To watch out # Deepak Nitrite

LTTS

FRESH ATH

5211

COFORGE

AGAIN

FRESH ATH

5950 💚

Coforge

2181 To 5950 🎯💚

INDIA MART

AGAIN LOOKING GOOD & AT SUPPORT

RECENT HIGH # 9650

NOW @ 8888 & Days Low

Support @ 8700/8650

Good Risk Reward

S/L - 8480 on cbsl

Can again test # 9100/9300/9500/9600/10000++

Do VOTE

Our Next Pick coming Which can Run up like Mastek

Only if 300++ votes

Already Recommended many times IN CHANNEL

18600 can be Supply zone on Nifty

Fresh Rally in nifty only on close above 18600

I.T Index & few stocks can see some Normal profit 📈 booking in next 2 to 5 days as had a good Run up

Keep eyes on stock specific 💡 ideas & Pick

Diwali ke Pehle kuch profit book kar ke Ghar le Jaiye & Diwali celebrate Kariye....

Many stocks started Looking expensive after Recent 🏃‍♂️
Run Up......

If View is short Term Do book profits as Per Risk

Medium Term - Trail your picks as per risk

Longterm - Book some profits or Keep Trailing

DONT forget To book profits as per Risk

Nifty 18600

Our Fair Value for Nifty was 18300

We expect some cool off in coming Days

Momentum is very strong....so can see 100 to 200 points higher also

Market need time wise correction now.....

Don't Buy anything do proper study and than only Buy

Get Ready For VOLATILE Days ahead.....

JUST 1 SUGGESTION TO ALL WHO HAVE COME TO MARKETS IN LAST 12 TO 24 MONTHS

Don't LEVERAGE

DONT PLAY F&O

MARKETS NATURE/DYNAMIC/MOMENTUM CHANGES OVERNIGHT.....

PLAY WITH STRICT S/L & RISK MANAGEMENT





PLAY WITH RISK MANAGEMENT

3⃣0⃣0⃣9⃣

DEEPAK NITRITE

Low- 8300

Keep s/L on closing basis only

Huge volatility before numbers on Thursday

What a volatility

From days high to days low

This is just Beginning

Many more such days wld come