@rk_onkar@stocksbyrishabh kalyan jeweller has a 4% day on15jun as well. but no follow through. how do u decide which will have follow through? how do you handle such scenarios? trying ot learn and figure out things. any help wud be appreciated
Some folks saying include the corrupt India which is not in records . I am sure they won't have an official data but guestimates work. So, let's include them with some bit of guesstimates
Here is the maths. The sales of luxury car in India is 50K per year . These will be 20 cr + people . So let's go further down
The sales of upper end SUVs n sedan (above 25L ) is around 20L a year (m taking rough guess looking at sales figure of top 30-40 selling model). This segment is growing at 15%. So 10 years back this number might have been around 10 L. Add last 10 years of annual nos and mota moti you will hit 1.5 Cr number .
So, after factoring whole corrupt India , still, 1.5 Cr out of 140 Cr is 1% of population. Is that called a crowd ?
Convert this into household . 1.5 Cr out of 35 cr households. Thats less than 5% . Is it crowd ?
Also, the idea is where you stand . I am sure you would not like to reach there in corrupt ways. So you would like to see where you are in the official data space. Still even if include the corrupts, it's 1% of India. Is it crowd being 1%?
If you have a better logic to put in 5 mins of efforts with data please bring in else sometimes keeping quite is better
oscillated the entire day between high gamma @ 23300 and gamma flip level @ 23160 ! accurate even on xpiry day
#Nifty#Gex
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