Ukraine - Russia Meeting to be scheduled at 3.30PM Today

After Indian Equities are closed

Wednesday Gap Up or Gap Down??

Today's Recovery Giving Hint??

Don't Short Atleast

Ukrainian delegation expected to arrive for negotiations with Russia in next 90 minutes to 2 hours – Head of Russian delegation

This scenario can Happen in market in next Few days or within a month or two.

Russia & Ukraine war will end OR They wld come at some Negotiation ( War can't continue for longtime it has to end at some point of time)

Than European countries would slowly lift all Ban on Russia in few days/Months

Crude oil prices would come down

Nifty/Sensex/Bank Nifty after Bottoming out & Making STRONG BASE will start its upwards journey

Stocks will move in expectation of earning growth for Q4

Companies declaring Better Numbers would be Rewarded

Winner 🏆--- Those who bought Good Quality Bussiness in uncertainties Times and in Panic
Would Benefit the Most

GNFC = Gujarat Narmada Valley Fertilizers & Chemicals

A Chemical Major in love with a Fertilizer Minor

GNFC - A small peek into Valuations and Results before studying the Business

Posted Best ever Results - It was a clear Bumper

An EPS of 35 in a Quarter with a Margin of 28% and Sales at 2400 crores

Trades at a P/E of 6 ... Yes you heard me right .. A P/E of 6 ..

Reserves - 7200 Crores

Debt - ZERO

The FII have kicked their Stake up from 14% to 17%

The Public Stake is Decreasing.
A Killer combination for a stock to start it's Upward Journey .

GNFC is a cyclical . But the Antidumping duty makes it a Partial Cyclical Story and infact more of a Structural.

The diversification of GNFC into many streams and chemicals rather than concentrating its dependance on just 1-2 chemicals makes this a great name .

When one product dominates a business ( That too in a Cyclical ) it's not a great place to put your feet in.

TDI - Prices are steadily in Rise and Antidumping duty is a Cherry on the Cake

Aniline is the next engine in GNFC
The other engines for GNFC are as follows

Formic Acid
Technical Grade Urea
Acetic Acid
Ethyl acetate

One Day Gap up
Other Day Gap Down

How to survive in this kind of Markets?

Deadly global market structure and variables.Volatility is touching the Rooftop


Remember most traders and investors don't survive a bear market,do u want to survive?

What will u do to ensure that?

Buying Those stock pick which are showing strength 💪

Already shared Those picks

Add on dips
Stay invested
Once tide turns they wld fly more & out perform mkts

Sandur Manganese

Fresh ATH

3039 💚

DWARIKESH SUGAR # 92.50

Praj Inds Also recovering 💚

Adani Wilmar

390

Once closed above 405/409
Shld be Ready for fresh ATH

424/444/468/511+

SPORTKING

1210

Should be out of ASM in next 45 to 60 days

BY mid April or end

Than we shld see revised circuit limit and clean upmove

Slowly moving currently

One stock which we missed Yo cover on Dips

GPIL

GODAVARI POWER & ISPAT

Recent Lows 280
And Now @ 351

We see 500/655/750+ in next 4 to 8 Qtrs

Keep on Radar

Buy on dips candidate

Anything below 300 is good buy

Best buy @ 270 - 280 zone

S/L - 249 on cbsl or As per Risk

Major Events in March 2022

Russia - Ukraine War --- Close watch

Exit poll poll on 7th & 8th March

Election Results on 10th March

ECB meeting on 10th March

Fed meeting on 16th March

India VIX near 30.
Time To be Cautious
Volatility at Roof

Time To be caution with Metals
Don't make agressive longs
Once situation normalize prices can be corrected --- so plan & Play Accordingly --- more of stock specific play

CNX Metal index
Now @ 6100
52wk High @ 6312
Can Breakout on upperside need to watch very closely
OR Long only on close above 6325 comfortably

Smallcap index @ 9875
Days High @ 9955
Strength only on close above 10200

Midcap Index @ 28000
Days Low - 27941
Days High - 28353
Support@27500/26900
Strength only on close above 29250 & 30050 ---- levels To watch closely

Nifty @ 16500
Close below 16410/16390 would bring more PAIN possible till 16200/16000/15790
( Need To watch closely)