Above Stocks
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Above Stocks is an Indian stock market update group. We provide our recommendations for educational purposes only. Consult ur financial advisor before performing any trades.
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Zone to Zone in Bank Nifty
#IFCI
CMP : 75

๐Ÿ“ˆ Strong Uptrend: The stock is in a strong uptrend, as indicated by the upward sloping trendline.

๐Ÿ“Š Support Zone: The price recently tested a strong support zone around โ‚น72, as highlighted by the shaded area. This zone has acted as a key level of demand.

๐Ÿš€ Breakout Potential: The recent price movement shows a significant breakout above the โ‚น75 level, which suggests a potential continuation of the upward trend.
๐Ÿ“ข IPO GMP Update for Mainboard IPOs โœ…

Premier Energies : 465-480 (103%)
ECOS Mobility : 145-150(43%)
Baazar Retail : 90-100(24%)
Gala Precision : 230-240(43%)
Bajaj Housing BHFL : 55-60 (TBA)

https://whatsapp.com/channel/0029VaAko8eJ3juzuFix9o11/153
Blockbuster Listing of Premier Energies Ltd

Issue Price โ‚น450
Listing Price โ‚น990
Listing Gain : 120%
Best Combination For Bajaj Housing IPO

Retail : 13 Lots (โ‚น194,740)
Shareholder : 13 Lots (โ‚น194,740)

If you have X amount, then divide into two parts, half in retail and half in shareholder. To get maximum benifit from IPO.

allotment chances are higher in retail 13 lots and share holder 13 lots application. rather than SHNI or BHNI.
BREAKING

IPO UPI Servers are down in Bajaj Housing Finance IPO due to huge traffic

4.5L Retail applications in the first 2hrs.
Zone Breakout and Blast ๐Ÿ”ฅ
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๐Ÿšจ Big News! India's Adani Group is investing $10B in US energy projects, creating up to 15,000 jobs! ๐ŸŒŽ๐Ÿ’ผ Chairman Gautam Adani shared this on social media, congratulating President-elect Trump. Trumpโ€™s pro-energy policies could boost traditional energy firms. โšก๏ธ๐Ÿ”‹
Perfect reversal from Zone ๐Ÿ”ฅ๐Ÿ”ฅ
Fall 500+ points from the levels
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The recent indictment of Gautam Adani on bribery and fraud charges is expected to negatively impact Adani Group's stock prices due to:

Investor Confidence: Potential sell-offs as trust diminishes.

Credit Ratings: Possible downgrades leading to higher borrowing costs.

Regulatory Scrutiny: Increased oversight may result in operational challenges.

Market Volatility: Heightened uncertainty could cause stock price fluctuations.


Notably, Adani Group's dollar bonds have already declined following the indictment, reflecting immediate market concerns. โ€‹โ€‹โ€‹โ€‹