Nifty have already corrected almost 13% from highs of 11760 To 10200. No levels are working currently. As sentiments are Negative. We feel soon sentiments can change and markets would get stabilise. We want investors to chase Growth in companies & Not price action of stock? If stocks has growth potential sooner or later investor … Continue reading Correction Good Time to Add for long term.
As market stablises Our Top sector #CHEMICAL# BACK IN ACTION. ALL Quality stocks back On Track. KANCHI KARPOORAM TANFAC INDS PACL MANGALAM ORGANIC DEEPAK NITRITE ANDHRA PETRO.
MANGALAM ORGANICS Cmp -354 Market cap - 332 cr. 52 Week H/L - 510/75 Accmulation zone- 300-354. Stock has already corrected 30% from Recent Highs. As Currently markets are volatile.It would be good to accmulate stock on DIPS. MANGALAM ORGANICS Limited Formerly was know as Dujodwala Products Ltd. Mangalam organics is prime manufacturer of Camphor,sodium … Continue reading Mangalam organics – camphor Growth Story.
Nifty corrected from 11024 levels on 1st Oct 2018 to 10316 Levels on 5th Oct 2018. As expected it even broke 200 DMA which was placed around 10770. There was no stoppage to bad news flow one after another. We can expect some Relief Rally or bounce from 10165 levels on Nifty. The last hope … Continue reading Can Nifty Defend March lows of 9951
In every 5 year - Between Two elections - Index tends to double. No matter whose govt is formed?? What's macro Situation? What's the global setup? Where crude is? Election Year - Nifty Values 1999 April - 916 2004 April - 1771 2009 April - 3473 2014 April - 6800 2019 April - ??? 13600. … Continue reading Nifty and Election
Every investor & Trader wants to know how Nifty wld perform from here.Everyone wants to know where is the bottom for Nifty. As we had told Nifty Ready to Break 200 DMA ( Day Moving Average) & Once it breaks those levels the fall can be harder. Old Note for Reference:👇👇 https://wealthcreatures.com/2018/09/30/where-is-bottom-for-nifty-nifty-ready-to-test-200-dma/ This time Large … Continue reading Where Nifty Headed after breaking 200 DMA ?
We saw lots of volatility on Friday and finally Nifty spot settled @ 10930. Nifty Tested 10850 lows again on Friday 28th Sept 2018. In September series : Nifty : -7% Bank Nifty : -11% Midcap index : -14% SmallCap Index : -20% Over 1000 stocks hits 52 week low. Nifty 200 DMA( Day Moving … Continue reading Where is Bottom for Nifty? Nifty Ready To Test 200 DMA