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LIC LISTING DAY UPDATE : SHOULD YOU HOLD IT OR SELL IT ??Hello !! Welcome to the quick update of LIC INDIA share, one of the biggest IPO that was listed today morning. Even after a lot of hype and huge market share, LIC IPO was not given much importance by the investors. The IPO was listed at a discount of around 9% at Rs 872. The retail investors got the gains as the IPO was provided at a discount to them. However, we saw some buying at the Rs 872 level, pushing the price all the way up to Rs 918. As of now, with the 1 min timeframe chart, I can see the stock can touch up to Rs 941. LIC may be a good stock for long-term buying. As of now, we need to wait for a clear picture. Let's see how the market responds by the day close and we can take a possible entry if we see some positive response. This is not financial advice, please do your own research before investing and we are not responsible for any of your losses or profits. Please like and share and comment on this idea if you liked it.
NSE:LICI
by ScramblerG
4
Expecting Good ReversalNSE:CARTRADE High probablity setup in CarTrade. Stock is in Good Uptrend and tring to break the Resistance. The Drastic fall Since the IPO might reverse from here Reason of the Very disappointing performance of the company was truly its Weak Fundamentals. As the Company has improved over its Fundamentals I expect a good growth into it. This is what I think is Attracting Investors into it. if the Stocks Closes above 660 then I expect it to Further move towards 700-760 NOTE - THE ABOVE IDEA IS MY PERSONAL VIEW PLEASE MAKE YOUR OWN RESEARCH TOO. Happy Investing....!!!
NSE:CARTRADELong
by Arshad_Khatib
Yet another red day as Indices drift lowerNIFTY 50 EOD ANALYSIS 14-12-21 In this post, I talk about the analysis for the day and the trading range for tomorrow. The video discusses with the help of the charts how the indices as well as leading stocks performed during the day and their likely play tomorrow. O 17283.20 H 17376.20 L 17225.80 C 17324.90 EOD -43.35 points / -0.25% SGX Nifty 14-12-21 @ 1845h = +25 points FII DII = -342 Crores CHART BASED CONCLUSIONS using 5 Minutes Chart Nifty opened with a strong gap down and then made an immediate recovery. It tried to move towards the previous close but then sold-off and made a new low. And then bounced back from there and as FTSE opened it breached the previous close only to begin yet another sell-off of 100+ points but failed to end flat or even closer to 17375-80. The moves were quite choppy throughout as there was a hard battle ongoing between the bulls and the bears. In the process, Nifty has made a lower high and a lower low. NIFTY WEIGHT LIFTERS & DRAGGERS Top 5 Lifters contributed = 25 Top 5 Draggers contributed = 59 Net = -34 BANK NIFTY WEIGHT LIFTERS & DRAGGERS Top 3 Lifters contributed = 34 Top 3 Draggers contributed = 68 Net = -34 POSITIVES The indices managed to make a good recovery from their day lows. FII selling is well below 1.000 Crores and is indicating cooling off of the selling pressure. NEGATIVES Reliance ended below 2400 and this is going to weigh a lot on Nifty performance. India Vix has gone up. HDFC twins, and Kotak Bank are still in the negative and this is impacting the indices. TRADING RANGE FOR 15 Dec 21 Nifty Support = 17200-300 may well be the new base. Nifty resistance = 17400-450-500-550-600 on a closing basis. Bank Nifty Support = 36200-500-800 Bank Nifty resistance = 37000-200-500-700 INSIGHTS / OBSERVATIONS Both the indices had a narrower range in comparison to yesterday and even though they ended in red, but the extent of redness is lesser. My reading is that the indices now seem to evince buying interest around today’s lows. This means that 36500 on Bank Nifty and 17200 on Nifty may well prove to be the new swing base or areas of interest or value. Though FTSE was positive - the extent lowered as it progressed, but our indices somehow managed well to close in the red. This was quite evident as Bank Nifty was not allowed to close even on a 5 minute candle in the last one hour. This also made Nifty end in red. Reliance and Bajaj Finance were the leading draggers yesterday and they have maintained their position at the level. This is why Nifty ended in red today. And for Bank Nifty, Kotak Bank and HDFC Bank were responsible for the red closing. Even if these 4 do not drop further, the indices could start seeing some greenery in the numbers and on the charts. What do you feel about this? Here is the video link -- Thank you, and Happy Money Making! Umesh 14-12-21 NOTE -- This write-up is not a prediction mechanism for the movement of Indices in the Indian markets as the markets are unpredictable in nature. I may refer to many data points in the article but I do not base my view on any of these standalone. In fact, I prefer to react to the price moves than predict the price moves. I also do not review Open Interest. Whatever data points I am using, are all stated in the article. The article title, as well as its contents, can at best be stated as --- This Is How I Read Nifty. I hope I have been able to set the expectations right. ---
NSE:NIFTY
by AVENUESOFINVESTMENT
Morning Fall, Afternoon bounce back & a flat EODNIFTY 50 EOD ANALYSIS 10-12-21 In this post, I talk about the analysis for the day and the trading range for tomorrow. The video discusses with the help of the charts how the indices as well as leading stocks performed during the day and their likely play tomorrow. O 17476.05 H 17534.35 L 17405.25 C 17511.30 EOD -5.55 points / -0.03% SGX Nifty 10-12-21 @ 2000h = +46 points FII DII = -706 Crores CHART BASED CONCLUSIONS using 5 Minutes Chart Nifty opened with a mild gap down and then sold off to test 17450 levels and then immediately bounced back and made high for the day and then met with the long standing resistance around 17540 and fell in a gradual manner. In the process it made failed attempts to retest 17500 and then fell further towards 17400. For almost an hour, Nifty could not make u its mind as there was an intense fight going on between the bulls and the bears around 17400 levels. Eventually, bulls managed to win and made a sustained and steady recovery but failed to close above the previous close. NIFTY WEIGHT LIFTERS & DRAGGERS Top 5 Lifters contributed = 95 Top 5 Draggers contributed = 93 Net = +2 BANK NIFTY WEIGHT LIFTERS & DRAGGERS Top 3 Lifters contributed = 97 Top 3 Draggers contributed = 88 Net = +9 POSITIVES Nifty closed the week above 17500 and Bank Nifty above 37100. This is a good relief after seeing a lot of negativity in the last few days. It is good to see non heavyweight stocks helping Nifty stay neutral and in case of Bank Nifty scrips like IDFC First Bank also putting in a great show. The Advance-Decline ratio is around 60-40 which is good considering the fact that the market was quite choppy especially in the session up to 1300h. NEGATIVES FIIs keep selling and not sure when this is likely to stop. HDFC twins and Kotak Bank kept the indices under pressure throughout the day. Choppiness is prevalent in the market but India Vix is going down. This is a confusing situation and I view it as a negative for the traders. The indices have made a lower high and Bank Nifty has also made a lower low. TRADING RANGE FOR 12-17 Dec 21 Nifty Support = 17200-300 may well be the new base. Nifty resistance = 17550-600-625-700-800 Bank Nifty Support = 36200-500-800 Bank Nifty resistance = 37200-500-700-38000 INSIGHTS / OBSERVATIONS Here is my tweet posted in the morning related to Bank Nifty: 37000 was fought heavily by the bulls and bears in the last hour yesterday and the bulls just managed to win. Today, the bears did not allow the bulls to take it easy and 37000 became a hard line to sustain. However, today as well, the bulls managed to close the day above 37000 and at 37105 to be precise. This is a positive sign. The first half till 1300h was very choppy for both the indices. India Vix was for sometime in the positive but as the indices started forming intraday base, it started falling. The recovery in indices was welcome, however, premium decays were seen in both the indices even on 37000 and 17500 CEs compared to the previous close as well the EOD prices. I generally like situations where the deputy leader scrip rallies and supports the indices. It shows that as and when the big head is down, the deputy is capable enough to hold the fort. This was the case with TCS which overshadowed Infosys today. What do you feel about this? Here is the video link -- Thank you, and Happy Money Making! Umesh 10-12-21 NOTE -- This write-up is not a prediction mechanism for the movement of Indices in the Indian markets as the markets are unpredictable in nature. I may refer to many data points in the article but I do not base my view on any of these standalone. In fact, I prefer to react to the price moves than predict the price moves. I also do not review Open Interest. Whatever data points I am using, are all stated in the article. The article title, as well as its contents, can at best be stated as --- This Is How I Read Nifty. I hope I have been able to set the expectations right. ---
NSE:NIFTY
by AVENUESOFINVESTMENT
PayTm, What to do ? What levels ahead ?Paytm - 1. Sell of after open and closed 27.4 % lower. 2. Two attempts were made of buying from 1600 zone - a. One from 1586 leading to 1723. b. Second one from 1616 which made lower high than previous swing meaning buyers were getting weaker. 3. Finally sustained below 1600 as buyers failed to fight the selling pressure. 4. Closed near low which means more selling likely. Highs are also being sold. 5. Measured move leads us to around 1450 level. 10% circuit leads us to 14004 levels. These will be our first levels for Monday. 6. Up side this premise will be invalidated if it sustains above 1725.
NSE:PAYTMShort
by NaveenGr
1
Why did Paytm crash? How to avoid such IPO?Why Paytm fell so much? 1. Paytm's Rs 18,300 crore IPO, which was the country's largest- this meant a large supply which needed large demand to support it's price. 2. But was subscribed 1.89 times only, this meant lack of demand. 3. Paytm is yet to turn profitable and Is likely to report losses for coming few years. 4. All above points created negative sentiments, people were looking to sell on listing but demand was not enough to support price and we had such a huge fall. How to avoid such IPO? 1. Check their financial data. Check how their business has performed and their future guidance. Different brokerage house provide these reports, check them. 2. Check subscription levels, it shows the demand or interest which is most important, should be high. If you have any doubt or query you can mention it in comments section.
NSE:PAYTMEducation
by NaveenGr
TATVA ready for some good movesTatva Chintan Pharma Chem Limited is a manufacturer of a diverse portfolio of structure Directing Agents, Phase Transfer Catalysts, electrolyte salts for batteries, and Pharmaceutical and Agrochemical Intermediates, and other Speciality chemicals. WHY IT MIGHT GIVE A GOOD MOVE NOW: Tatva's IPO's QIB was oversubscribed by 185.23 times. Meaning, institutions that planned to buy 50,000 shares got only 269 shares in the allotment. After the IPO Listing, the price dropped by 20.62% obviously due to listing gains enjoyed by retailers. For 11 weeks the share price formed a base and gave good time for big hands to accumulate. On the 12th week the price broke out of the IPO Listing price with huge volumes (the day before & the day after also) Out of 5.29 lac shares traded that day, 3.23 lac were traded in the last 30 minutes. This confirms my hypothesis of the Entry of big hands during the breakout. The price then tested 2 times the IPO listing high and took good support on it. Tatva's Q2 results also dropped on 22nd October (before 3 big volume days) and the Q2 numbers beat both QoQ & YoY numbers which might be the trigger. Key Points of the Company Leading Chemical Manufacturer Tatva Chintan operates in the space of niche specialty chemicals and is a globally recognized specialty chemical player with several market-leading products in its portfolio. The co. is the largest and only commercial manufacturer of structure-directing agents for zeolites in India (second globally) and caters to a wide range of industries across the globe. Product portfolio: The company has manufactured over 154 products which can be divided into the following four broad categories Structure Directing Agents (40% of the revenue) The Company’s SDAs are quarternary salts which are chemicals used in the Zeolite application. Zeolites have varied applications it is promoted with transition metals such as copper and iron to be active for selective catalytic reduction. Phase Transfer Catalysts (27% of the revenue) PTC’s are widely used in green chemistry applications and are used for a variety of industrial processes. Phase transfer catalysts are a type of catalyst that allows a reactant to be migrated from one phase to another. Electrolyte salts for supercapacitor batteries (1% of the revenue) The Company’s electrolyte salts are used in the manufacture of supercapacitor batteries, which are used in automobile batteries and other batteries. The Company is the largest producer of electrolyte salts for supercapacitor batteries in India. Pharmaceutical, agrochemicals, and other specialty chemicals (30% of the revenue) The products manufactured by the company under this category are used in the manufacture of various pharmaceutical and agrochemical products as intermediates, disinfectants, and catalysts, and solvents. In addition, the company also manufacture specialty chemicals under this category that are used in dyes and pigments, personal care ingredients, flavor, and fragrance sectors The Company has 47 products under their SDA product portfolio, 48 products under the PTC product portfolio, 6 products under the electrolyte salts for supercapacitor batteries portfolio, and 53 products under their PASC portfolio. Manufacturing facilities The Company operates through two manufacturing facilities situated at Ankleshwar and Dahej in Gujarat, both of which are strategically located very close to the Hazira port. These manufacturing facilities have an annual installed reactor capacity of 280 KL and 17 Assembly Lines. Exports-driven The company derives a majority of its revenue through exports (71% of the revenue) with Germany, the U.S., and China together accounting for 54.20%. Its top 10 customers constitute 60% of revenue. Clientele List The customers of the Company include Merck, Bayer AG, Asian Paints Ltd., Ipox Chemicals KFT, Laurus Labs Ltd, Tosoh Asia Pte. Ltd., SRF Limited, Navin Fluorine International Limited, Oriental Aromatics Ltd., Atul Limited and many others. R&D Infrastructure The company has a dedicated R&D facility, recognized by the DISR at Vadodara, Gujarat. The company has developed 53 products in the last three years which contributed 6.5 Crs revenue for the company. Successful listing The company got listed on the secondary exchanges on July 29 2021 with a 114% premium from its issue price. The 500 Crs issue got subscribed 180 times and became the most over subscriber IPO of 2021. The issue constituted of 275 Crs Offer for sale by the promoters and a fresh issue of 225 Crs. Growth Strategies: Expanding the Manufacturing Capabilities: The Company has consistently grown its manufacturing and production capabilities. The Company’s aggregate manufacturing capacity has increased at a CAGR of 20.59% from an aggregate reactor capacity of 82 KL and zero Assembly Lines in FY2010 to 280 KL Reactor Capacity and 17 Assembly Lines as of FY21. The company will expand its Dahej Manufacturing facility and upgrade its R&D Infra with a CAPEx to the tune of 170 Crs. Expand the existing product portfolio The Company plans to continue to increase offerings in their current business segments as well as diversify into new products by tapping into segments which in the view of the company’s management have attractive growth prospects.
NSE:TATVALong
by AmanSaraf
5
Tatva Chintan Pharma- China Plus one Theme?Tatva Chintan Pharma- Recent IPO - CMP 2250- Mcap 4989 Cr There is no Margin of Safety Currently in Valuations if i look it as a Long Term bet. However- Currently China Factor is Keeping Speciality Chemical Companies Afloat and Bouyant. As long as sentiments are good, Valuations can go Crazy. Speciality Chemicals can be a good Theme to Trade. Incorporated in 1996, Tatva Chintan Pharma Chem Limited is a chemical manufacturing company that manufactures structure directing agents (SDAs), phase transfer catalyst (PTCs), pharmaceutical and agrochemical intermediates, and other specialty chemicals. It is among the largest manufacturer of SDAs for zeolites in India. The company serves customers across industries i.e. automotive, petroleum, agrochemicals, dyes and pigments, paints and coatings, pharmaceutical, personal care, and others. Its products are not only sold in India but also export to 25+ countries all over the world such as the USA, Germany, South Africa, China, and the UK. In FY 2020, total export contributed to 76% of total revenue from operations. Merck, Bayer AG, Ipox Chemicals, Laurus labs, Navin Fluorine International Limited, Atul Limited, Otsuka Chemicals, SRF Limited, Hawks Chemical Company, Firmenich Aromatics Prod Pvt Ltd, and Divi's laboratories are a few of customers of the company. Currently, it has two manufacturing facilities at Ankleshwar and Dahej in Gujarat. Competitive strengths Leading manufacturer of structure directing agents and phase transfer catalyst. Diversified product portfolio. Global market presence with customer base across industries. Strategically located manufacturing facility in Gujarat with close proximity to Hazira Port. Experienced promoters and managers team. Strong financial performance track record. Company Promoters: Ajaykumar Mansukhlal Patel, Chintan Nitinkumar Shah, and Snehkar Rasiklal Somani are the company promoters.
NSE:TATVALong
by StrategicAlpha
LIVE MARKET VIDEO - WHY I BOUGHT HDFC AMC AFTER IT FELL 6%!!In this video, I share my basis for buying the shares of HDFC AMC at 2882 today morning after it fell from 6%. If you recall, yesterday, I had shared a video why should one invest in AMC of Fund Houses rather than their MF schemes and today is a classoc example of why one should invest in its equity. I hope you like this video which is for Information & Educational purposes only and not an advice. Happy X ! Umesh 29-9-21
NSE:HDFCAMCLong
by AVENUESOFINVESTMENT
1
WHY SHOULD YOU INVEST IN THE UPCOMING IPO OF ADITYA BSL AMC IPO?WHY SHOULD YOU INVEST IN THE UPCOMING IPO OF ADITYA BIRLA SUN LIFE AMC IPO ? HDFC AMC IPO Details IPO Opening Date Jul 25, 2018 IPO Closing Date Jul 27, 2018 Issue Type Book Built Issue IPO Face Value ₹5 per equity share IPO Price ₹1095 to ₹1100 per equity share Market Lot 13 Shares Min Order Quantity 13 Shares HDFC AMC lists at 58% premium over issue price SECTIONS HDFC AMC lists at 58% premium over issue price 52 Week High 3365 52 Week Low 2270 Listed at 1738 So an initial investment of 13*1100 shares would have meant investing INR 14,300. At its CMP on 27-9-21 EOD, it would have been worth INR41,171 Or 2.61 times your investment!! Do you need any more explanations? Why invest in HDFC MF schemes when you can invest in transparent and tradeable shares of the same company that give better ROI! Note -- I am not a SEBI regd. Analyst or advisor. All information and experiences shared here are for awareness and educational purposes only. 27-9-21
NSE:HDFCAMCLong
by AVENUESOFINVESTMENT
BANK NIFTY rescues NIFTY for a changeNIFTY 50 EOD ANALYSIS -08-09-21 IN SUMMARY O / H / L / C 17375.75 / 17383.4 / 17254.20 / 17353.5 H-L = 149 points VIX 14.41 / -3.29% FII DII: -802 Crores Likely open: BANK NIFTY holds the key. Based on the numbers looks a flat to a positive open. CHART BASED CONCLUSIONS NIFTY played negative today and did not even bother to go past the opening high made and ended the day just below the P Close. In the process, it has not only done a lower high but also made a lower low by drifting towards 17250 and dangerously close it. Soon as Europe opened, the sell-off started and lasted for an hour or so, and then, there was the usual jerks-driven relief rally only to end flat. On the daily charts, it has formed a hammer pattern indicating good bounce from the lower areas. NIFTY WEIGHT LIFTERS & DRAGGERS The Weight Lifters KOTAK BANK 03 HDFC BANK 03 ICICI BANK 02 TITAN 02 HUL 01 TOTAL 11 The Draggers NESTLE 04 INFOSYS 04 TCS 04 BAJAJ FINANCE 03 RELIANCE 03 TOTAL 18 Lifter - Draggers = -07 The above is what mattered in the end. It looks like the rest of the scrips had no role to play or it was too insignificant by EOD. POSITIVES NIFTY ended flat and recovered more than 90 points after the sell-off. BANK NIFTY changed the corner and was the savior for NIFTY. Even though the private banks have not contributed significantly, their not being negative helped the indices to maintain their levels. RELIANCE and HDFC recovered well from their respective lows which came in handy in ensuring that NIFTY closes flat. NEGATIVES NIFTY could not go anywhere near 17400. NIFTY breached the recent swing lows and drifted towards 17250. INFOSYS and TCS have been showing continued weakness. MARUTI has been falling yet again after a good recovery a couple of sessions ago. FIIs DIIs remain net sellers. TRADING RANGE FOR 08-09-21 17000-17200 is the support base.17400-450-500 may be the resistance area for NIFTY. BANK NIFTY support stays at 36200-400 and resistance at 37000-37200. INSIGHT / OBSERVATIONS The price action in INFOSYS appeared to be managed if one looks at the candles for the last 2 hours. There were spikes and sell-off as if 1700 CE writers had a point or two to prove in ending the day below 1700. MARUTI fell more than 1.5% but it seems to have made no impact on NIFTY which is indeed surprising as, at one stage, the fall was close to 100 points. The star of the day was KOTAK BANK as it almost single-handedly changed the tide for NIFTY and therefore BANK NIFTY. The strong up move prompted other banks to also chip in. It now needs to be seen if it can hold on to the momentum possibly created by it being included in the LIC IPO proceedings. Interesting expiry tomorrow - will the God that rings in Auspicious Beginnings help NIFTY close the week at a new ATH? Or will the IT biggies with RELIANCE like to keep dragging NIFTY? Wait and Watch! What do you feel about this? Thank you, and Happy Money Making! Umesh 08-09-21 P.S. If you choose to comment on the above, please do so with your analytical view rather than merely passing a comment. Your presentation of the view held by you would help other readers as well. NOTE -- This write-up is not a prediction mechanism for the movement of Indices in the Indian markets as the markets are unpredictable in nature. I may refer to many data points in the article but I do not base my view on any of these standalone. In fact, I prefer to react to the price moves than predict the price moves. I also do not review Open Interest. Whatever data points I am using, are all stated in the article. The article title, as well as its contents, can at best be stated as --- This Is How I Read Nifty. I hope I have been able to set the expectations right.
NSE:NIFTY
by AVENUESOFINVESTMENT