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

Hope this is helping out

Nifty has just corrected 300 points from TOP

BUT STOCKS HAD BEEN PUNISHED 20%/30% FROM HIGHS

Stocks which have dipped 20% to 35%

Can be good candidate for bounce back

High chances we nifty won't dip below 18000 and stocks which are battared can Give bounce in next 2 to 3 days

GAVE UPDATE

TO BOOK PROFITS
( many Took us serious and Many Not.....njoy The Fall)

BANG ON TIME....

WHEN ALL WERE SUPER BULLISH

THAT NIFTY REACHED OUR FAIR VALUE LEVELS & 18521 one should book Profits

Nifty Made TOP 18601 & REVERSED

TOLD FULL TEJI SE FULL MANDI MEIN LE KE AAYEGI......Just in matter of 3 days

Nifty down just 500 points from TOP But Look at stock prices how they have corrected

BUYING IS EASY.....
SELLING IS EASY...

BUT WHEN TO BUY & WHEN TO SELL IS BIGGEST PROBLEM

https://www.livemint.com/market/stock-market-news/rs-1-lakh-to-rs-1-48-crore-this-multibagger-stock-surges-14750-in-10-years-11634786829913.html

DEEPAK NITRITE
TURNED 1 LAC INTO 1.48cr in 10 Years

🚨🚨🚨

Big Names are Crashing

Seems like Mega Bull Run Party will Halt or Pause for some time.

Time wise correction will come.

🟢Sectors might change.

🟢New Opportunity will Rise

🟢Few Existing Big names will go even Much higher.

🟠Few might Pause

🔴Few might stop and reverse

Use the Bounce opportunity to Book Profits

We feel Distribution mode has started in few counters

Few Selected Stock will Outperform.

Greed has set in Retail mindset.
This is the Perfect time for Big Institutions to Sell

Stay Cautious. Stay Alert

Soch kar Samaj Kar Invest kar.

🔴 Wait & Analyze
🟠 Start Slow
🟢 Invest Aggressively

🔔🔔🔔

To know more which Stocks Or Sectors will outperform Stay Tuned.

Hope this helps you

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Share it to Help it.

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