Skip to main content

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 ...
Post a Comment

BUY : MOIL LTD (474) ( BUY AT DIP UPTO 440 TGT 550/600+ (PERIOD 1-2 MONTH)

 


RATIONALE:          ON DAILY CHART STOCK HAS FORMED HIGHER - HIGH PATTERN  WITH STRONG VOLUME BUILD UP , CROSSED PREVIOUS  FEW SESSIONS AVG VOLUME ,   STOCK IS TRADING ALL TIME HIGH  WHICH INDICATES FURTHER STENTHERN TOWRDS POSITIVE TREND , SUPPORTS  BULLISH MOVE CONTIUATION , MORE OVER PITCHFORK  BREAK OUT BY CANDLE SUGGEST S UPSIDE EXPECTED TO CONTINUE. HENCE TARGET PRICE 550/600  MAY BE ACHIEVED IN SHORTTERM HOLDING (1-2 MONTH EXPECTEDLY )    


DISCLAIMER : CLICK HERE

Comments

Post a Comment

Popular posts from this blog

NIFTY UPDATES : POSITIVE Stock - INDIGO

As MENTIONED IN  NIFTY  VIEW ARTICLE ON 24.03.2025 : Accordingly, nifty has reclaimed 23650+ level after 1000-1200 point downward move after touching the resistance level near 23800 on 25th Marc h. Stocks in  Positive breakout ;   which suggests  this stock may see accumulations at dip and go further  up side gradually. 1 ) INDIGO   (INTERGLOBE AVIATION  LTD) (5344) INDIGO  RATIONALE:    STOCK TRADES  at 5347 near level of  swing previous high , stock has formed Higher-high , Higher - low price pattern in 1 hour chart , although  Relative strength indicator suggests strength in positive move supports  the momentum for upside continuation.  Strategy: buy at dip  Hence,  stock  expected to  move towards 5550 /5670 in upcoming trading sessions , as a  buy at dip strategy stock may be accumulated up to 5150 with stoploss of 5000 on closing basis Disclaimer &  Disclosur...
Post a Comment
Read more

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 ...
Post a Comment
Read more

FTSE INDIA GLOBAL EQUITY INDEX REVIEW : STOCK REBALANCING Expected to attract INFLOW OF $1.4 Billion

  Key Updates As part of this rebalancing, 14 companies have been included in the FTSE All-World Index. The changes reflect an adjustment in index weightings, influencing market movements. Some companies, such as  ICICI Bank ,  Kotak Mahindra Bank , and  Zomato , have received weight upgrades, whereas  Bajaj Finance  has seen a weight reduction. Additionally, Nexus Select Trust has been removed from the index, with an estimated outflow of $54.6 million. Companies Added to the FTSE All-World Index Several Indian firms have been newly included in the FTSE All-World Index, potentially benefiting from increased passive fund inflows. The additions include: Bajaj Housing Finance  – $48.4 million 360 ONE WAM  – $25.6 million CRISIL  – $8.1 million Fortis Healthcare   – $24.1 million Blue Star  – $8.3 million Ajanta Pharma  – $23.8 million Premier Energies  – $22.2 million NALCO  – $14.0 million IndusInd Bank  – $25.5 mi...
Post a Comment
Read more