I was not able to post the report yesterday as got a severe headache and fever. After closing my screen at 15.30 yesterday, got enough strength to open it today morning at 07.46. Seems like the analysis of Tuesday was more or less true even for today as Nifty and BankNifty went nowhere. The Budget 2024 was a 1hr speech, but it had no major changes - it looked like...
NIFTY Intraday Trade Setup For 01 Feb 2024 Bullish-Above 21840 Invalid-Above 21790 T- 22050 22260 Bearish-Below 21650 Invalid-Above 21700 T- 21390 21120 NIFTY has closed almost on a flat note today with minor cut of 0.13% today. It was funny seeing NIFTY being complete sideways in such big event. It was a great option sellers day. Post 12 it was very stable,...
📊 DETAILS Sector: Consumer Food Mkt Cap: 3,151 cr PrataapSnacks Limited (PSL) is an Indian snack food company engaged in manufacturing and marketing of multiple product variants like potato chips, extruded snacks and namkeen (traditional Indian snacks) under the Yellow Diamond brand and sweet snacks under the Rich Feast brand. TTM PE : 57.32...
📊 DETAILS Sector: Hospital & Healthcare Services Mkt Cap: 24,879 cr Narayana Hrudalaya Ltd is engaged in providing economical healthcare services. It has a network of multispecialty and super specialty hospitals spread across multiple locations. TTM PE : 33.73 (Average PE) Sector PE : 83.13 Beta : 0.48 📚 INSIGHTS Strong Performer Stock with...
📊 DETAILS Sector: Ratings Mkt Cap: 2,942 cr CARE Ratings is a leading credit rating agency of India. The Company provides various credit ratings that helps corporates to raise capital for their various requirements and assists the investors to form an informed investment decision based on the credit risk and their own riskreturn expectations.(Source :...
📊 DETAILS Sector: Cables Mkt Cap: 2,345 cr Precision Wires India Ltd is engaged in manufacturing Enamelled Round and Rectangular Copper Winding Wires, Continuously Transposed Conductor, and Paper / Mica / Nomex Insulated Copper Conductor. The Company primarily supplies to the OEM sector and to various industries like power, auto, consumer durables,...
📊 DETAILS Sector: Ground Freight & Logistics Services Mkt Cap: 5,675 cr Gateway Distripacks is an integrated inter-modal logistics service provider. It has a network of 9 Inland Container Depots and Container Freight Stations strategically located across the country, operating a fleet of 31 trainsets along with 500+ trailers for transportation between its...
📊 DETAILS Sector: Construction - Infrastructure Mkt Cap: 3,369 cr SEPC Limited provides end-to-end solutions to engineering challenges offering multi-disciplinary design, engineering, procurement, construction and project management services. It is focused on providing turnkey solutions in Process & Metallurgy, Power, Water Infrastructure, Mining & Mineral...
📊 DETAILS Sector: Finance Term Lending Mkt Cap: 7,310 cr Ujjivan Financial Services was registered with Reserve Bank of India (" the RBI") as NBFC-MFI under Non-Banking Financial Company Micro Finance Institutions (NBFC-MFIs) directions on September 05, 2013. The Company received approval from the RBI to set up a Small Finance Bank.(Source : 202003-01...
NIFTY Intraday Trade Setup For 01 Feb 2024 Bullish-Above 21820 Invalid-Below 21770 T- 22177 22533 Bearish-Below 21440 Invalid-Above 21490 T- 21120 20769 NIFTY has closed on a bullish note with nearly 1% gain today. As per trade setup nothing triggered as per trade setup. But one important thing was discussed yesterday that 21470 will be an important support as...
Voltas on the daily close has given a break out of the resistance zone around 1050-60. It made a base around the 20 DEMA and given a nice move with good volumes. Bullish entry can be made in the stock for positional trade for a ultimate level fo 1230. Intraday entry with 1140 as target can be initiated and a stict SL should be kept as tomorrow is...
Banknifty has given a nice up move in the first half and consolidated on the expiry for the rest day. It is facing rejection from a trend line and a resistance zone of 46150. If there is a break out after a flat or gap down opening, it can test the round number figure quickly. In case of a gap up opening, let market retest the break out levels or form a price...
Prise action simplified Today's expected high is clearly mentioned Market will try to reach that leble Just try to buy If any point you get buying opportunity then grab it Lowest point also mentioned if it reach that lables then it's goes to expected high urelyy Follow me for more analysis like and comment for more remember trade if you getting confermations...
📊 DETAILS Sector: Finance - Investment Mkt Cap: 11,921 cr UTI Asset Management Company Ltd is primarily engaged in the activities of raising funds for and to render investment management services to schemes of UTI Mutual Fund. It is registered with SEBI under the SEBI (Mutual Funds) Regulations, 1996. It was the first to introduce Mutual Funds in India and...
📊 DETAILS Sector: Others-Industrial Gases & Fuels Mkt Cap: 1,603 cr Agarwal Industrial Corporation Ltd is primarily engaged in the business activities of manufacturing and trading of Petrochemicals (Bitumen and Bituminous Products), logistics of bitumen and liquefied Petroleum Gas and energy generation through Wind Mills. TTM PE : 16.52 (High PE) ...
NIFTY Intraday Trade Setup For 31 Jan 2024 Bullish-Above 21820 Invalid-Below 21770 T- 22058 Bearish-Below 21470 Invalid-Above 21520 T- 21300 21120 NIFTY has closed on a bearish note today with 1% cut today. It opened almost flat and faced resistance at our buy level and corrected till 21475. One anticipation was shared about a pullback through half bat pattern...
📊 DETAILS Sector: Finance - Investment Mkt Cap: 5,724 cr JSW Holdings Ltd is a core investment company (CIC) and is primarily engaged in the business of investing and financing. TTM PE : 36.01 (Average PE) Sector PE : 30.64 Beta : 0.65 📚 INSIGHTS Mid-range performer Stock with medium financial performance with average price momentum and...
Banknifty has closed below the weekly 20 ema and looks bearish as the golden ratio is also breached. The previous trading session has formed a bullish hammer but still is trading below the previous day high. Bullish swing/intrady should be created above 46200 levels. It has taken support from 20DEMA. Major support levels :- 44480, 44290 No trading zone is...