aditya_biswas

aditya_biswas Updated 

PE of Big banks like SBI, HDFC, ICICI is at super low levels - comparable to Covid levels which doesn't make sense. I feel the panic is created in the market ( the issue being mid and small cap valuation) and that is used to beat down the large caps. There's absolutely zero rational in selling of SBI, HDFC etc. It's a great time to accumulate these stocks and keep...

aditya_biswas

Think this is a critical time to give a thought on Banking stocks ( Top BANKS) It's high time to accumulate any of the top banks (HDFC,SBI, ICICI, KOTAK). I will give fundamental & technical reasons backing this: Valuation of these banks are insanely low , comparable to covid times ( if you adjust for the earnings & risk factor) RBI has injected $10BN into...

aditya_biswas Updated 

HDFC is down for unknown reasons. HDFC reported terrific quarterly numbers and is poised to hold no 1 position in the banking sector in India. Why i will heavily invest in HDFC at this price point: the expected dividend income will beat the interest rates of FD done in the bank :) The bank's EPS should grow appreciably in the large cap bucket as it will continue...

aditya_biswas

High time to buy any of the TOP BANKS that we like HDFC ICICI KOTAK SBI AXIS there has to be a rally in banking as this will be the first sector to recover. worst case scenario, we will get great dividend considering the price. It's high time to buy who look for regular dividends. Best price Looks like a sale is going on for Banking stocks

aditya_biswas Updated 

NIFTY is trading at considerably low PE and expect to reach 24000-25000 within Feb There's no reason why it should keep going down. Remember Rupee is devalued , so exporting companies will report better margins ( Software, chem, agri etc) It's been hammered to match expiry rates (I believe) and now it might shoot up anytime. Nobody when when, but as per chart...

aditya_biswas Updated 

Banknifty is deep value buy zone. In near future this can go beyond 55000 and we are trading near 48000. INR depreciation coupled with Trump check in and upcoming budget has created a volatility in the market, it's a great time to accumulate for the long term. Keep buying every dip. BNF's PE ratio is below mean and is bound to rebound with slightest signal in...

aditya_biswas

Banknifty is trading at it's lowest possible valuation; few things that aided for the slide : 1. Dollar index spike 2. FII Sell off due to dicey Macro data 3. Media hype of HPMV virus I Think there's a sharp recovery that will happen aided by: 1. Huge short cover 2. Trump assuming office 3. Dirt cheap PE 4. RBI policy to strengthen INR or reduce IR...

aditya_biswas

Indusind bank has been hammered due to issues in the micro finance business, which is not the core business of the bank. As on date, it's trading at levels close to it's book value. Unless it's going to get closed, there's little chances of going down further south. few reasons why the price can go upwards and fill the gap created: 1. rate cuts are coming soon...

aditya_biswas Updated 

INFY is trading below long time support/ trend line and is expected to retest previous highs given IT industry needs to bounce back as it forms the back bone of banking and other tech related sectors. BNF & NDX are near record highs. hence it should be a just a matter of time when this bounce back happens. Time to take delivery of IT stocks - Large cap IT...

aditya_biswas Updated 

Tesla is trading in one of the lowest levels since retracements. Good part is most of the bad news is already factored in. Now investors need to wait only for the good news which are : Interest rate cut (highly likely to drive up car sales , especially Tesla since it's expensive and most of the TESLA cars are bought on EMI; lower interest rates --> lower EMI) ...

aditya_biswas Updated 

BNF is touching it's life time high along with hitting long time resistance line ( have not broken for over a year). It's quite likely BNF To go down from these levels to : 48250 ( Very HIGH probability) 47500 (High probability) 46500 ( Medium probability ) 45000 ( Low probability ) I will plan for all of these with extensive short positions. Chart regions...

aditya_biswas Updated 

There's a lot of narrative being played around HDFC ( break fds and put in HDFC, best stock of the decade etc ). Very naive way of thing. A quick view of the current levels Post the major breakdown ( the red candle ) The yellow arrows show the bullish weeks, you can see a bullish pullback every alternate week almost. The pink arrows show a bearish pullback...

aditya_biswas Updated 

Bank nifty has taken good support near 46000. For tomorrow, ideal set will be if it touches 46500 and bounces back. this will be the best place to initiate longs for a 500-1000 points upmove. levels are marked within chart. BNF is respecting the channel so far, a great pattern coming in handy so nicely for such a long time. As per indicators, it's turning...

aditya_biswas Updated 

TECHM is trading below long time support/ trend line and is expected to retest previous highs given IT industry needs to bounce back as it forms the back bone of banking and other tech related sectors. BNF & NDX are near record highs. hence it should be a just a matter of time when this bounce back happens. Time to take delivery of IT stocks - Large cap IT stocks...

aditya_biswas Updated 

Kotak has broken a long time consolidation levels and broke 1650 with huge volumes which happened only once in the last few years ( zones marked in weekly chart) On Monthly, it has broken the long time support of 1600-1650. hence it's highly probable that it will not rocket upwards from here. Another reason, too many coverage in media & youtube is done on this...

aditya_biswas Updated 

Bank nifty is moving within an upward channel. Coupled with and news and down momentum, it's giving multiple short opportunities. As per Bulls eye indicator, it's in bearish territory, good to keep booking profits and wait for turn around along with sentiment.

aditya_biswas Updated 

All technical indicators ( price & volume based) showing an up move in bank nifty with a long bias but here's a twist to the story 1. FII & DII are heavily bearish in futures while retail is strongly bullish. If a correction comes, it will be super sharp. 2. FED meeting this week, Fed will not cut down rates in H1 of this year, indicating a bearish sentiment in...

aditya_biswas Updated 

Hi All IndusInd has entered the dirt cheap valuation territory. As we can see the net income of the bank ( blue line at bottom) has been steadily going up and up with no downward shift. The price of the bank has broken the standard deviation vars in the supply zone and hence in attractive prices. I believe it's time to go long on for very good return in next 1-3...