NIFTY@12000: 🔷️Nifty P/E Ratio is one of the most Reliable ways of understanding whether the market is overvalued and a correction is due or Not? 🔷️If we look at the past 20 years of Nifty’s Historical P/E than there is a clear pattern which shows when the market is overvalued, correction is always due NIFTY … Continue reading NIFTY AFTER HITTING 12041 STILL ITS CHEAP??
🔷️We have Seen Rally in Nifty ahead of Election.Nifty hit all time HIGH of 12041 on 23rd May. 🔷️Since last 18 months Midcaps & Smallcaps have under performed markets.Looking at current scenerio Going forward MIDCAP index can bounce back strongly as many Quality stocks trading at historic low PE. 🔷️With BJP government coming back to … Continue reading Midcaps/Smallcap/Microcaps at Inflection point
Markets gave a good run up after a Good Performance of NDA (BJP). Elections outcome is clearly a win for BJP . India VXI has stabilised and Declined towards 20 . Now Main Question is what is Ahead After Elections? Where would market go? From where market will take clues? Markets will now Closely watch … Continue reading Indian Markets After 2019 Elections
Huge Longs were made in Nifty Futures (10% Addition) Huge Longs were made in Bank Nifty Futures(20% Addition) Since Bulls are with huge profits now there migh be some selling pressure near 12000 zone as they no loner would like to take risk. Fresh Bears have capacity to hold on and any decline in market … Continue reading How could Market React on or Before 23 May 2019
Profit Booking can happen in Second Half or after 1 Hour. Midcap & Smallcap rally should start. Bank Nifty could outperform. PSU Banks and Government Companies to rally most.
MARKETS VS ELECTION YEAR. BIG QUESTION CAN HISTORY REPEAT AGAIN IN 2019? Disc - All Views are only for study & Educational purpose only.views are based on past Data Available. Consult Your financial advisor before investing based on above article.
🔷️NIFTY TO FIND SUPPORT AROUND 11036 LEVELS WHERE 200 DMA IS PLACED. 🔷️ANY CLOSE BELOW 11040 CAN DRAG NIFTY TILL 10875/10640 .ATLEST IN SHORT TERM MARKET SHOULD BOUNCE FROM 11000 LEVELS. 🔷️HIGH VOLATILITY EXPECTED TILL ELECTION RESULTS ARE OUT AND VOLATILITY CAN CONTINUE. 🔷️CURRENT MARKET CORRECTION IS DUE TO GLOBAL UNCERTAINTY & TRADE WAR BETWEEN … Continue reading NIFTY TRADING CLOSE TO 200DMA & AT VERY IMPORTANT PSYCHOLOGICAL LEVEL OF 11111/11000
CLARIFICATION FROM DELTA CORP REGARDING TAX EVASION OF 6189cr OUR REPORT OF TAX EVASION GIVEN BASELESS & WAS BUYING OPPORTUNITY : we had given our View on DELTA CORP on 13th May'19 which could as opportunity. 👇👇👇 https://wealthcreatures.com/2019/05/13/delta-corp-gst-evasion/ OLD NOTE : https://wealthcreatures.com/2018/03/29/delta-corp-only-listed-player-in-casino-online-gaming-in-india/ Disc- All Views expressed are personal and for Educational and study purpose only. … Continue reading DELTA CORP CLARIFICATION BY MANAGEMENT ON GST TAX EVASION
Media Reports Claim Rs.6189 Crs as GST Evasion. Yearly Revenue of Delta Corp Year Ending March 2019 : Rs.797.81Crs. GST was Introduced in 2017. Even if we calculate GST then it Numbers don't sum Up. Our View: Reports of GST Evasion are totally Baseless, Once Dust settles Stock can again see UPWARD journey.But in short … Continue reading Delta Corp GST Evasion
Equity market volatility has been unusually low over the past few years And investors have been lulled into a sense of complacency that what goes up will continue to go up. Recent gyrations in the market have brought volatility to higher & at more traditional levels. We believe the days of easy money are over … Continue reading What IS INDIA VIX And Why it is So High? Corelation of VIX With Indian stock & its Market Behaviour.