Reality sector is shooting up, Int rates are super low, people are getting married at an alarming rate, these catalysts can work in its favor. Plus there is news that they might have a deal with Embassy office parks
Do your own due diligence first, these are just my views
SBI gave a good move on 16 September. It was muted by the china reality crisis and global cue. Now it is gathering up the fuel to move again, this time it can be huge as the government have made resolution plans for this NPA filled PSU banks.
Had put an alert on this level. There was a gap of almost 3.5 per cent on 6th august after its awesome results. Today it is back on that level where it gapped. Now my thesis is that the gap will be filled and it'll bounce back, or the gap will be filled and it'll keep going down. However, I am rooting for the upside considering the news and tata's EV ecosystem...
Petronet is a fundamentally good company, but just like ITC it is a laggard imo. The thing with companies like these is risk-reward ratio and also dividend yield. Need a lot of patience for this one. So I will keep this for at least 1 year.
Also, Petronet to make foray into petchem business. So let's see
I have been watching this for long time. You can see all close support and resistances.
Right now it is in a good range and have potential news and sector rotation for making all-time high.
not buying advice..
Just some observations and levels for time technoplast, Q1 2021-2022 wasn't so good and management commentary was also neutral. I'm still holding it as composite cylinders will replace the traditional metal cylinders. I'm still a beginner, if you have any views do comment and share your insight.