I write on stocks which are part of my portfolio so have vested interest. neither re(tweets) are recommendation for buy/sell nor endorsement. you should always check with your advisor and take informed decision. everyone is entitled to their opinion. Cheers!
pullback little and then quick bounce cleared -ve divergence.. so far so good
sensex monthly expiry today so some expiry move expected. tom holiday so 2 day move expected today.. some wild quick swing needed today.
Nifty 63DEMA is at 23903 and so far it survived as low was 23913.
even on a bad day like today where so much blood on IT stocks.. Nifty did not breached 63DEMA. hopefully should not close below 63DEMA in next 45 mins.
undercurrent looks strong for further upmove.. let us see
MSCI doing mandatory selling in Vedanta Aluminum and it hit upper circuit.. MSCI ka setting jabadast hota hai..proven once again..upar lvl per bech ke nikal jaate hai.. bahut achhe
Looks like Vedanta Aluminum will be out from indices from Monday as it did not hit lowe circuit yesterday and doesn't look like it will hit today. NSE press note in evening.
Vedanta oilgas will remain in indices as it hit lower circuit yesterday.
5% circuit and TT- what a game?
NSE did press note in evening and Vedanta Aluminum will be out from indices from today. MSCI action at 3PM. ideally esko lower lvl ke pass trade hone chahiye tha aaj kyon MSCI exit marega lekin MSCI ka jabardast setting hota hai.. upar lvl be bech dete hai..
Nifty gap up/down check
weekly gap down 25141 open since 2 Mar
weekly gap up 23645 open since 15 June
my prefernce fill 25141 first then 23645.. lekin ye Nifty ulta hi karta hai.. es baar sayad sahi ho.. news flow to +ve aa rahe hai ab market mein..
Citi on Cipla – Tactical Buy
Maintain Buy with TP of Rs 1700 – 26% upside
Initiate a 90-day positive catalyst watch on Cipla
Near-term US triggers—gFlovent approval, gVentolin launch and a strong 50% share in Nintedanib
These should support a rebound in US revenues
India business tracking well, aided by a recovery in the respiratory segment
Indore plant re-inspection, due anytime, could provide an additional catalyst upon USFDA clearance
Easing geopolitical pressures further reduce risks around input costs and margins
Earnings likely having bottomed post the gRevlimid decline
Risk-reward looks attractive
Cipla also offers a strong domestic proxy amid elevated valuations of India heavy peer
re-rate? ye kab fair valuation pe jayega.. depression mein stock chala gaya hai.. nothing excites this stock.. adani stocks kidher se kidher chala gaya aur ambani stock depression se nikal nahi raha hai. upar se brokerage re-rate ki baat kar rahe hai matlab eske acche din dur hai
Reliance ke saath kuch gapla ho raha hai kya?
crude up moves down.. crude down moves down..
Reliance AGM today and such a dull day even today for stock..
In GFC crisis of 2007-2008
Nifty IT index fallen 77% from top
as of now NIfty IT index fallen 43% from top.
in GFC crisis
TCS fallen 70%
infosys fallen 57%
HCL Tech fallen 76%
then from 2008 to 2024 , NIFTY IT multiplied 22 times from its low
FTSE rejig today.. action starts at 3PM. volume/price spike on select few. FTSE rejig brings more volatility in select stocks than MSCI rejig. 5000+ cr expected in last 30 mins. watch out..
What compulsion SBI had in 2016 to sell its 5% stake in NSE at just valuation of ~18000 cr?
today NSE valuation is over 5 lakh cr so that 900 cr of SBI in 2016 would been 25000 cr. SBI missed big?
LIC holds ~10.5% in NSE and have not sold single shares and not selling in OFS