DEEPAK FERTLISER
600Cr QIP @ 415

Nifty not down much

But huge profit booking in stocks

Hope this help you

Those waiting to buy in SALE

Sale just started

STOCKS ARE HAMMERED 🔨

Espically f&o stocks

Cash stocks are stable or down where numbers are not in line with expectation

STAY CALM

ALL WLD recover

If longterm Don't Panic

This are part of Markets

Bear this

Full teji se full mandi....

2 days Game change

I sensed early so Gave update

I keep remembering this

Profit booking very much important

HOPE

ALL NEW COMMERS NOW KNOW F&O KA PAIN


Stay away from it....if don't have knowledge

Short Term Panic Done ✔

Nifty jab tak 18300 not breaking trend won't change

Aaj many good Quality stocks made huge Low & Now recovering

THOSE WAITING FOR LONGTIME

TIME TO ADD 50% QTY

DEEPAK NITRITE ( pure Delivery)

CMP - 2666
Low - 2633

Support @ 2550/2500
One can add 50% Near support levels

IRCTC

PERFECT EXAMPLE

High - 6396

In just 2 days Now @ 4374

Valuation always matter....

When valuation Grows too You need To sell

Support @ 4250/4190

If support hold should bounce Till 5000 - 5400 levels

Mastek

Support @ 2900/2835

We feel After concall Stock Should Stablise @ by next Qtr or even before that we wld see 3300 - 3600 zone

Stock had a Great move before results 3000 to 3669

Numbers are Flat QoQ
But YOY its Good

Cash flow is good
Need to watch management commentry

Deal wins are Good

Those had patience wld Be benefited

Don't for we recommend @ 169 and it had Journey from 169 To 3669 in just 18 months

So 20% Fall from highs are good & healthy correction

We are confident amount management and future growth

If one can ignore daily price moves

Good bussiness would mint good money

Just wait for a day or two before anything Buying.....

Markets not showing strength...

Even Individual stocks are not showing much strength

We Feel & Have a view party should get over soon and we are headed for lower levels and TIME WISE CORRECTION

NIFTY BELOW 18300

Nifty 1st Support of
18000 - 17950

Would be Retested

Hope this helped you

🙏

Gave Prior update on profit booking

Regularly

When all were bullish we were very cautious

Those Listen are Njoying the fall

Those not booked learned How to book profits next time

Update given regularly

DELIVERY OF % TODAY
( NSE + BSE)

MASTEK
Volume - 9.21Lac
Delivery - 4.57Lac ( 49.7%)

DEEPAK NITRITE
VOLUME - 57.30Lac
Delivery- 16.28L ( 28.4%)

The Reason For Market fall from highs of 18600

Index had Good one way Run up

Index and Many stocks RSI was over heated and needed to cool off

There was profit booking in many stocks as They had a Great Run up in last 1 month

Position cut By Fii & Dii
Both were on selling mode in last 2 days as per Data

Technically there can be Gap filling

Earning vs Valuation.many stocks were running way ahead of Earning.

Last 2 Days There has Been Good Accmulation in Midcaps & Small cap

Yesterday Panic Button gave chance to accmulate many good Quality picks which many were looking

In few good names Delivery % was Good.

One can expect the upmove to be back on track in midcap & smallcap once weak hands are out .

Midcap index Now @31478
Support @30500

Smallcap index now@ 11200
Support @10650/10350

Buy Only those stocks where valuation are resonable & Dont chase any stock at any price

What happens when valution are too high & Expensive
we saw in last 2 days

Stay Away from such high value stock Traps....

Many stock which Run up in 2008/2012 Bull Run Those Rates nvr came Even after many Years of Wait

Stay with only Quality Stocks

Trading opportunities available at many levels and in many stock specific picks

NIFTY NOT SUSTAINING ABOVE 18300