Lots of DM Query on Why Nifty Saw Fall Yesterday
Nifty Made recent lows of 16426 and Rallied Till 18250.
Almost 1800 points Rally
After such a sharp rally 300 To 500 points fall is very normal and part of profit booking
Another Reason
Rise in Bond Yield (2yrs High)- 1.83
DXY - 95
Crude 🛢 Oil prices at 7yrs High
Expectation of March Rate hike by US fed is Very High
Nifty support@ 17900/17800
Nifty Resistance @ 18300 & 18416
Any close above 18416 we are ready for Fresh ATH
But Before that We shld test lower support zone & Consolidation for few weeks
Nifty Made recent lows of 16426 and Rallied Till 18250.
Almost 1800 points Rally
After such a sharp rally 300 To 500 points fall is very normal and part of profit booking
Another Reason
Rise in Bond Yield (2yrs High)- 1.83
DXY - 95
Crude 🛢 Oil prices at 7yrs High
Expectation of March Rate hike by US fed is Very High
Nifty support@ 17900/17800
Nifty Resistance @ 18300 & 18416
Any close above 18416 we are ready for Fresh ATH
But Before that We shld test lower support zone & Consolidation for few weeks
If Any1 has 12 to 18 months view
All dips are buying opportunity in I.T stocks
One need to ignore short term Noise and short term volatility
LTTS
CMP - 5020
Low - 4980
Support@ 4900/4820
LTI
CMP - 6550
Support@ 6450/6300
TCS
CMP - 3946
Support@ 3800
Wipro
Cmp - 622
Low - 619
Support@ 590
Tech Mahindra
Cmp - 1635
Low - 1627
Support@ 1575/ 1540
S/L - As per Risk or 5% Below support levels
All dips are buying opportunity in I.T stocks
One need to ignore short term Noise and short term volatility
LTTS
CMP - 5020
Low - 4980
Support@ 4900/4820
LTI
CMP - 6550
Support@ 6450/6300
TCS
CMP - 3946
Support@ 3800
Wipro
Cmp - 622
Low - 619
Support@ 590
Tech Mahindra
Cmp - 1635
Low - 1627
Support@ 1575/ 1540
S/L - As per Risk or 5% Below support levels
Wealthcreatures.com
2 ETHNOL STOCKS Technically Looking good + Capacity Expansion + Ethnol story Panning Out WATCH OUT PRAJ INDS CMP - 367 Support@ 340/330 Test Levels # 410/444/550/600/750+ Dwarikesh Sugar Cmp - 87.50 Support@ 82/77 Test levels - 100/117/125/140+ Add…
PRAJ & DWARIKESH
Trading in 💚
Once mkt stablise we can see Fresh HIGH in coming Days
Trading in 💚
Once mkt stablise we can see Fresh HIGH in coming Days
Wealthcreatures.com
LAXMI MACHINERY WORKS LMW FRESH ATH 9954 7500✅ 9900✅✅ Next Levels to Watch out # 11000/12800/13333++
LAXMI MACHINERY WORKS
LMW
FRESH ATH
5% 💚
10937
3900 To 10937 Done ✔ Till Now
LMW
FRESH ATH
5% 💚
10937
3900 To 10937 Done ✔ Till Now
Wealthcreatures.com
NAUKRI AFT Testing high of 7465 Now Available at 30% Discount @ 5270 Days Low - 5266.50 Supoort@ 5050/5000 S/L - 4890 or As per Risk Holding period - 9 To 12 months we can see New High Again
NAUKRI
NEAR LONGTERM SUPPORT@ 5050/5000
Strong support@ 4890
CMP - 5011
Maximum time it has bounced from sub 5000 levels
NEAR LONGTERM SUPPORT@ 5050/5000
Strong support@ 4890
CMP - 5011
Maximum time it has bounced from sub 5000 levels
Mastek
Numbers Today aft mkt hours
Standing Tall in today's fall on I.T
2% 💚 3200
Days High - 3271
Numbers Today aft mkt hours
Standing Tall in today's fall on I.T
2% 💚 3200
Days High - 3271
Companies That have Given consistent Returns in 1/3/5/10yrs CAGR Returns. Many picks Reco in channel--- DN,Bajaj finance & Finserv, Atul,Navin Flourine, coforge,Info edge,Titan,LTi,LTTS,Asian Paints,Alkly amines,Aarti Inds Are our 🌟 ✨ performer
This can Change Game
Ethanol is Playing & now its methanol Story To watch out for
BHEL & RCF have capacities for methanol and can add more in future
GNFC has a large capacity
(269 MT) of Methanol & our TOP pick
GsFC is also beneficial
Ethanol is Playing & now its methanol Story To watch out for
BHEL & RCF have capacities for methanol and can add more in future
GNFC has a large capacity
(269 MT) of Methanol & our TOP pick
GsFC is also beneficial
Mastek FY22 Q3
Decent numbers as Q3 had fewer Working Days
🇺🇸 US Growth Disappoints
UK 🇬🇧 & European union shown good growth
Interim Dividend of Rs 7
Revenue up 2.95% QoQ | 25.8% YoY
Dec'20 Topline 443cr
Dec'21 Topline 557.65cr
EBITDA Margin at 21.1%
Order Backlog grew by 34.3% YoY to $171M
Added 25 New Clients in Q3FY22
Attrition seems to be stabilizing
Need To watchout for concall
Decent numbers as Q3 had fewer Working Days
🇺🇸 US Growth Disappoints
UK 🇬🇧 & European union shown good growth
Interim Dividend of Rs 7
Revenue up 2.95% QoQ | 25.8% YoY
Dec'20 Topline 443cr
Dec'21 Topline 557.65cr
EBITDA Margin at 21.1%
Order Backlog grew by 34.3% YoY to $171M
Added 25 New Clients in Q3FY22
Attrition seems to be stabilizing
Need To watchout for concall
Wealthcreatures.com
PAYTM
IPO PRICE - 2150 Today's Low - 1271 Cmp - 1335 Down 38% from IPO Price At IPO Price was trading at 42 Times FY20 Sales After 38% correction its trading at 28 Times FY20 sales What Level Do You Think its Would be worth Buying......
IPO PRICE - 2150 Today's Low - 1271 Cmp - 1335 Down 38% from IPO Price At IPO Price was trading at 42 Times FY20 Sales After 38% correction its trading at 28 Times FY20 sales What Level Do You Think its Would be worth Buying......
PAYTM
Below 1000
997
Ready for 750 or even Below that??
Below 1000
997
Ready for 750 or even Below that??
Wealthcreatures.com
Lots of DM Query on Why Nifty Saw Fall Yesterday Nifty Made recent lows of 16426 and Rallied Till 18250. Almost 1800 points Rally After such a sharp rally 300 To 500 points fall is very normal and part of profit booking Another Reason Rise in Bond…
NIFTY SHOULD RE TEST SUPPORT OF 17800
IF CLOSED BELOW 17800 THAN POSSIBLE 17660 - 17500
In next 2 to 3 days I.T stocks shkd make base and possible consolidation for 1 to 2 weeks and Than we can see upmove in I.T stocks
I.T index Strong Support @36000
Today's Low - 36776
IF CLOSED BELOW 17800 THAN POSSIBLE 17660 - 17500
In next 2 to 3 days I.T stocks shkd make base and possible consolidation for 1 to 2 weeks and Than we can see upmove in I.T stocks
I.T index Strong Support @36000
Today's Low - 36776