We can see Short covering Today from Lows

Nifty nvr touched 16776

If One Can ignore Noise for next 1 month and wants To Buy Quality Bussiness at corrected Value with Good Risk Reward Ratio for next 12 to 24 months

Many Picks we have already Shared and we feel has good potential to scale up in medium To longterm in price terms

One can Look at follow picks To add near support & Dips in 2 to 3 parts in SIP

Support levels are near today Low which was Good buying opportunity for Investors and can keep Track on That


Deepak Nitrite@ 2050/1950
Deepak fertliser @ 484/440
Dwarikesh Sugar @ 80/74
BAJAJ STEEL @ 900/860
MEDICAMEN BIOTECH @790/760
PRAJ INDS@ 388/360
DEEPAK NITRITE @2130/2040
Sakar Healthcare @ 138/130
Asian paints @ 3010/2925
Globus Spirit@ 1395/1290
Oberoi Realty @ 855/790
BBL @ 1900/1790
Welspun corp@160/148
TATA power@ 223/210
Poonawala Fincorp @245/230
DELTA CORP@ 248/240
JEEVAN SCIENTIFIC @ 180/160
GRAVITA@ 288/275
India Glycol@ 860/790
KOPRAN@273/260
BALAJI AMINES@2950/2850
Aarti Inds@ 950/890
Sportking @ 1460/1350
Vipul Organic @ 205/180
Lincoln pharma @ 340/315
POkarna@658/600


I.T pack
LTTS @ 4350/4150
LTI@5750/5450
TECH MAHINDRA @ 1450/1390
MASTEK@2580/2475
Bsoft@431/398
KPIT TECH@ 596/550
Infosys@ 1700/1640
Wipro@ 551/520
TCS@ 3680/3600
Mindtree @ 3550/3425

Disclaimer - All views expressed are personal and only for educational and study purpose. Consult your financial advisor before investing or taking any position based on above article. Its not any buying or selling Recommendation.

In jan month Till now session FII have sold 28140cr & purchased 3123cr
So still net figures of - 25017cr
It's huge one

On 25th Jan itself FII sold 7000cr worth & DII 4534cr and we managed to close in Green

Need To watch out Today's Figure of Fii Selling

S&P-500 closes 3.2% off highs, Nasdaq 2.3% off highs

FOMC was hawkish; consecutive hikes & even 50 bps possible

Mkt now pricing in 30 bps for March & 112bps for 2022

5yrs yield +13 bps
10yrs + 9 bps
30yrs + 5 bps

- Brent oil +1.8% to $89.76/bbl

Markets Headed for Recovery around budget or after Budget but with lots of Volatility

Nifty support@ 16800 and only on close below 16770 we can retest the last swing lows 16426

Many cash Stocks
(midcap & Small caps)not Falling

I T index

Now at Days low 33770

Support @ 32500 ( 200 DMA)

I.T stocks Deeply oversold

Quality would Bounce
Profits
Future Guidance
Strong management
Future Growth

Keep close Watch

Many of our cash stock picks showing Strength

Dwarikesh Sugar
PRAJ inds
Deepak fertliser
Bajaj Steel
Medicamen Biotech
Sportking
Kabra Extrusion
Mangalam organic
Olectra Greentech
Globus Spirit
Gravita
CDSL
KPr Mills
Lincoln pharma
Poonawala Fincorp
BBL
Sakar Healthcare
Welspun corp

List is long
Max Trading in 💚

I.T stocks

Current situation is like No one wants To buy this Pack

But that is the best time to buy for longterm as Risk Reward is Favourable

Nifty Todays Low
16867

Today our Levels protected 16800

Short covering possible in next 3 to 5 days

Need Nifty to close above 17250 for two Days

Sportking

9M EPS - 229

Expected FY22 EPS - 300

FY23 Should be atlest 400+

Today's Low - 1484

Stock trading cheap below 5P.E on Fy22 & on FY24 basis its trading only 3.7 Times

Can give Good returns in medium to longterm

Low Volume counter

1300 - 1350 strong support zone

https://wealthcreatures.com/2018/10/15/olectra-greentech-a-gold-mine-future-multi-bagger/


BEST Mumbai to procure 2800 AC Electric buses in the next 2 years under GoI FAME II scheme & GoM Clean Air Project

1400 12m AC Electric Bus - Tata Motors
900 AC Electric Double Decker bus Unknown
400 9m AC Electric Bus - Olectra
100 AC Electric Mini Bus - Olectra

No one talks about Delta OR omicron Now a days not media talks about it as they did few weeks back

No one will talk about high Bond yields in next few weeks.

Inflation and high interest rates are reality.

Everyone knows this. Growth focus at reasonable price is mantra.

All Dips are Buying Opportunity in Quality bussiness with Growth coming in.

Ethanol Stocks on Radar

11% ethanol blending notification for 3 states - UP, Maharashtra & Karnataka. Govt increases blending percentage.

Correction

Results are Today 28th Jan

Nifty closing above 17300

Would be Good for more short covering

Nifty

All Gains Wiped off

High - 17373

Days Low - 17078

➕ to minus



Green to Red

Top Chemical picks

52 week's high price
&
Down from 52 week's high price in (%) Terms

Returns in one week
&
10 years CAGR Returns