#Nifty50
Nifty has moved sharply higher recently.
What was the catalyst for the rally?
- US midterm election results improved global sentiment.
- Crude oil prices cooled down, which is positive for India.
- FIIs have returned with strong buying.
- Smallcaps still moving up
But let's not get carried away.
The Gulf conflict is still not fully resolved.
Any escalation could push crude prices higher again and impact market sentiment.
The rally is encouraging, but caution needed.
For education and tracking only.
People may want Jensen Huang back at Nvidia, but the board has already accepted his resignation.
National security concerns also make the issue more complicated.
Public opinion alone may not change the decision.
@equities_samjho Its fair point. Lobby system deeply integrated with Washington regardless of which Govt. forms and it also wants to lead new tech always...AI Datacenter also top priority.
#Powergrid
India is 2nd fast growing renewable energy market but one of the big challenge is grid lines.
It has ~โน2.2 lakh crore of works in hand in which major portion comes from renewable energy sector.
- FY27 Capex guidance raised to โน37,000โ40,000 crore.
- FY27 Capitalisation guidance set at โน25,000โ30,000 crore (trimmed from earlier ~โน30,000 crore).
-Management expects annual capex above โน40,000 crore in coming years, supported by HVDC and renewable energy projects.
PowerGrid weekly chart:
LTP -257
RSI around 41 from recent past oversold region.
Is it getting strength?
Do we see upmove in coming weeks?
Q2 result was decent.
Only for education purpose.
PowerGrid weekly chart:
LTP -257
RSI around 41 from recent past oversold region.
Is it getting strength?
Do we see upmove in coming weeks?
Q2 result was decent.
Only for education purpose.
#VMM
Vishal Mega mart
Gaining strength in recent days & daily RSI above 50.
some leading brokerage gave buy rating.
(Only for tracking and study purpose)
#APOLLO#APOLLOMICRO
Nice consolidation in weekly chart. Still trying to pass the strong resistance.
Again......โน450 on the card? or not?
Multiple tests put stock as potential breakout candidate. But need patience.
(only for tracking purpose & learning the importance of resistance)
Outlook was not working from today morning.....
Teams was working from today morning .....
I was constantly watching throughout the day๐.... when Teams go outage.....but it worked perfectly without glitch....