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Showing posts from January, 2024

NIFTY (23151) Continue to trade under pressure with possible slight ease of selling pressure following important Support level in Index

   We have witnessed a sharp downfall in Nifty and Banknifty along with sectorial selling pressure amid the Iran-Israel war, although India's growth story has been robust and expected to rise continuously even amid global uncertainties. but may be lower than expected or projected , due to high inflation forcasting may be a part of lower GDP growth. India is a major crude importer , Hence volatility and up surge in Crudeoil prices expected to affect almost every corner of the economy, considering recent crises in LPG,,Crudeoil and restricted supply, will give rise to overall production cost and disruptions in production for manufacturing industries. Moreover, household budgets may rise  across the country  , which may decrease individual savings .We may see as  cascading effect of the current global situation, which may take slight more time to make nullify overall  effect upon indian economy. Eventually new  investment may slower its pace or ...

स्टॉक मार्केट में खरीदारी जारी...कोन से स्टॉक से हो सकती है कमाई ?? ... WHICH NSE LISTED STOCK HAS POTENTIAL UPMOVE : MRF , JBCHEMPHARM

DATE : 03.01.2024 We witnessed selling pressure (profit booking)  in some of stocks long with Buying interest is intact at lower level in cement ,pharma, metals and banking stocks ,a mixture of Trend overall in Nifty and Banknifty prevailing .Although  some stock having potential to rise in price  in coming sessions or weeks ahead aare below: 1) MRF JAN FUTURE 2) JBCHEMPHARM VIEW: BUY MRF JAN FUTURE  CMP 130800 SL 128500 TGT 134000+ #nse # mrf RATIONAL :    Open interest in stock continue increasing with rise in prices ,RSI show positivity in trend , Higher - High Price pattern , also chart suggests that  it has crossed once  previous high and trading in a range if 127500-131500  since 2-3 days. considering over all  formations  price of the stock  expected to move towards   134000+ . VIEW : BUY :   JBCHEMPHARM (1698) SL 1600 TGT 1830/1940+ #nse #JBCHEMPHARM#jbchemical#nifty RATIONAL  : Stock has formed...