Sensex
POTENTIAL MULTIBAGGERDOLAT INVESTMENTS
Good trend and good fundamentals are the reason why I like this smallcap stock.
Its surely a portfolio stock is you got risk appetite for a small company, can give good returns in the future!
Apollo Tricoat Tubes - Long Term BuyApollo Tricoat Tubes Ltd is a good small cap company which has been rallying for past few years. The company is a turnaround play which is proving to be a good affair for the company. The fundamentals are good and the market cap is just 4000 Crore making it a good investment for long term.
What's next Nifty 50? Nifty has struggled this week to gain potential. But now if you observe Head & Shoulder pattern is going to formed with nested pennant structure. As you can see It made a new higher-low but closed above the demand zone. Either it sustain or break but in both cases it going to bounce from yellow dotted volatility demand zone.
Points to be Note (Technical + Fundamental)
1. Head & Shoulder nested pennant formation has been seen for the bull run.
2. FII has bought 1440 Cr of equity as compare to DII who were sold 1600 Cr of equity but it's positive as FII have being buy from last 2 session.
3. World bank has posted a expected GDP growth till 2021 is NSE:NIFTY 8.2% and anticipated the 2021-2022 FYI growth above 10%.
Let me know in comment section what's your views?
TIME TO EXIT FROM EQUITY HOLDINGSKindly exit from all your equity holdings and forget market for next 1 years as investment. We can miss only 5% to 10%. The probability of 20% sudden downfall is open. S&P 500, NASDAQ , DJI are near their long term resistance. Money is rotating from one sector to another. Those stocks in which public holding increasing, they are not moving up. What happen to PSU BANKS, kindly see chart of last 15 years. Once stock are sold to public, support had been taken out by Institutions. Now they accumulated it from last 1 year and now it time to repeat this game. Nothing is new under the sun in the stock market, it's as old as hills.