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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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Forwarded from Above Stocks News
Global Health IPO Allotment Now Available

https://kosmic.kfintech.com/ipostatus/
Nifty and Sensex jumped nearly 2% after lower-than-expected US inflation turbocharged bulls. Simply put, investors are optimistic that declining inflation may prompt the US Federal Reserve to reduce the pace of interest rate hikes, which is a positive for equities. Midcaps (+0.1%) and Smallcaps (+0.4%) were in no mood to join the party. πŸ™ƒ

Most sectors closed in the green. IT (+3.81%) stocks had the best day in over 5 months. NBFCs and Metals rallied +2% each. πŸ’ͺ

Zomato (+12%) hit a 3-month high on excellent Q2 results. Read more below. πŸ“Š

HDFC Ltd and HDFC Bank rallied +7% intraday, the top gainer on Nifty. Reports indicate that the merged entity would have a 13% weightage in the MSCI Index (vs 5.8% currently), which is a major W. πŸ’―

Blockbuster debut. DCX Systems closed at Rs 308 p/sh, +49% from its issue price. πŸ’°

Nykaa rallied +14% after large foreign institutional investors (FIIs) like Aberdeen and Norges Bank picked up a stake in the startup. πŸ“ˆ

Adani, Reliance among 15 bidders in the race to buy Future Retailβ€˜s assets, according to media reports. 🀼

Results reaction. Eicher Motors crashed by 5%. Hindalco gained +4% after beating Street estimates. πŸ’Έ

eClerx Services will buy back shares at Rs 1,900 apiece, +35% from today’s closing price. πŸ‘

IPO Update. Archean Chemical IPO got oversubscribed 30x, Five Star Business Finance IPO barely sailed through on the final day. Kaynes Technology IPO is open for subscription. More details are below. πŸ”

Cryptos were back in the green. Bitcoin jumped +4%. Ethereum rose 8%. πŸ”₯
Above Stocks - WhatsApp Community

https://chat.whatsapp.com/FTvLhOk6Xpc46vDfpCWZdX
New IPOs

Let's get started now..

✴️Keystone Realtors Ltd.
Offer dates: 14/11/2022 - 16/11/2022
Offer Price: 514 - 541
Lot size: 27

✴️Kaynes Technology India Ltd.
Offer dates: 10-14 Nov
Offer Price: 559-587
Lot Size: 25

✴️Inox Green Energy Services Ltd.
Offer dates: 11-15 Nov
Offer Price: 61-65
Lot Size: 230
ARCHEAN CHEMICAL IPO ALLOTMENT OUT

https://linkintime.co.in/mipo/ipoallotment.html

Easy Allotment in Retail and Big HNI and demand is strong.

Last GMP 90/- (Approx)

Listing Date : 21 Nov. 2022
πŸ‘1
INTRA DAY BUY L&T
ON NSE CASH @ 2052
SL 2045
TGT 2088, 2125+
Nifty and Sensex cooled off sharply in the final half hour to end near the day’s low. Midcaps (+0.3%) and Smallcaps (+0.5%) fared slightly better. πŸ‘

Most sectors ended in the green, but the gains were minor. Financials continued to outperform. Metals (-0.4%) remained under pressure. πŸ“‰

This large-cap automaker can deliver +30% returns from the current level. More details below. 🚘

More bad news for Nykaa after its CFO Arvind Agrawal resigned. The stock closed down 2%. πŸƒ

Travel and Hospitality stocks bucked the overall market weakness. InterGlobe Aviation, GMR Airports and Wonderla Holidays rose +3% each. Check out their charts below. πŸ“ˆ

Vedanta announced a 3rd interim dividend of Rs 17.5 per share. πŸ’Έ

Inox Green had a muted listing. The stock closed at Rs 59 per share, down -9% from its issue price. 😞

DCW (+4%) will invest Rs 125 cr to double its pipes manufacturing capacity. 🏭

Poonawalla Fincorp may sell its housing finance business, according to media reports. 🀝

Cryptos took a break from the β€œpost-FTX collapse” beating. Bitcoin jumped +5%. Ethereum rallied +8%. Litecoin (+27%) hit a 6-month high. πŸš€
πŸ‘3
Forwarded from Master Options Trading
Yesterday and Today's Performance..

Banknifty 42400 CE above 200 ( Target hit at 250, profit of 1250/- per lot)

Heromotoco 2700 CE above 8 ( first and second Target hit at 14, profit of 1800/- per lot)

Indusindbk 1140CE above 28 ( First Target hit 🎯 at 35 , profit of 3150/- per lot )

Banknifty 42600PE above 98 ( SL hit at 80, loss of 450/- per lot )

GNFC 620CE above 31 ( First and second Target 🎯, made high of 41, profit of 13000/- per lot )

Total Profit = 18750/- ..

Woahh ..what an amazing day GNFC has given ..

Keep Trading Keep Smiling πŸ˜ŠπŸ’°πŸ’°πŸ’°πŸ’°πŸ’°πŸ’°
Nifty and Sensex hit new 52-week highs!!! Easing inflation worries, cooling off in oil prices and continued FII buying boosted sentiment. Midcaps and Smallcaps also inched higher, +0.5% each. πŸ“ˆ

Not a single sector closed in the red. IT (+2.6%) stocks were the stars of the day. Financials (+1%) and Energy (+0.9%) also witnessed healthy gains. πŸ’ͺ

Tata Consumer (+3%) is in the race to acquire Bisleri. More details below. πŸ’―

Adani Enterprises (+0.5%) is in talks with Mubadala Investment Company and Abu Dhabi Investment Authority (ADIA) to raise $5 billion, according to media reports. πŸ’°

Fino Payments Bank rallied +14% after Capri Global Holdings bought 13.2 lakh shares (1.6% equity). πŸ”₯

Apollo Hospitals (+5%) gained the most in two months. Global brokerage firm Credit Suisse sees a +10% upside from current levels. πŸš€

IPO update. Keystone Realtor closed at Rs 557 per share, up 3% from its issue price on its Dalal Street debut. βœ…

KPI Green Energy (+6%) will consider the proposal of a bonus issue on Nov 30. ✌️

IOL Chemical & Pharma (+6%) received the thumbs up to manufacture blood pressure drug. πŸ’Š

Glenmark Pharma’s (-1%) Goa unit received a warning letter from the USFDA. ⛔️

Cryptos traded with minor gains. Bitcoin was flat. Ethereum rose +3%. Solana jumped +9%. ❀️
Forwarded from Master Options Trading
Today's Performance..

BankNifty 42900CE above 90 ( first second and third target target 🎯 ..profit of 57*25 = 1425/-)

Maruti 9000PE above 245 ( first target 🎯 at 254, profit of 100*9 = 900/- )

Total Profit= 2325/-

Keep Trading Keep Smiling πŸ˜ŠπŸ’°πŸ’°
Forwarded from Master Options Trading
Today's Performance..

Vedl 315CE above 15 ( closed at the same price )

Maruti 9100 CE above 240( first Target 🎯, made high of 250, profit of 100*10 = 1000/- per lot )

18600PE nifty 1 dec above 147( made high of 171, profit of 1200/- per lot)

Banknifty 1dec 43200 PE above 233 ( All target 🎯, made high of 390, profit of 3925/- per lot)

IEX 145 CE above 8.5 ( all target hit 🎯, made high of 11.25, profit of 10,313/- per lot)

Banknifty 43100 CE above 235 ( target first 🎯 at 255, made high of 266, profit of 775/- per lot) Continue to hild with BTST for Monday

Total Profit of the day = 17,213/-

Woah ..what a exciting day to you end this week...Hope you all enjoyed!

Keep Trading Keep Smiling πŸ˜ŠπŸ’°πŸ’°πŸ’°πŸ’°πŸ’°πŸ’°
Free Group of @abovestocks_options is going to be closed from 1st December
Above Stocks
https://www.instagram.com/reel/ClbfDxogl6A/?igshid=YmMyMTA2M2Y= Stocks to Buy Indusind Bank Reliance IEX
Reliance Buy Call given at @ 2617
Target 1 : 2640 βœ…
Target 2 : 2660 βœ…

Made high of 2682
πŸ‘1
Nifty and Sensex pulled back sharply after opening lower to hit a new all-time high. Read more below. Midcaps (+0.7%) and Smallcaps (+1.2%) also moved in sync. The advance-decline ratio (2:1) stood in favour of the bulls. πŸ‚

Most sectors ended in the green. Energy (+1.3%) topped the list of gainers. Auto (+0.6%) stocks closed up for a fifth straight day. Metals dropped 1% amidst concerns over China. πŸ“‰

Fertilizer stocks broke out in trade. Fertilizers & Chemicals Travancore (FACT), Rashtriya Chemicals and Fertilizers (RCF) and Madras Fertilizer rallied between 3%-6% each. Check out their charts below. πŸ”₯

Hero MotoCorp zoomed +3% intraday. They will increase prices by up to Rs 1,500 from Dec 1. πŸ›΅

Paytm dipped 4% intraday after the Reserve Bank of India (RBI) barred its payment unit from onboarding new online merchants. 🚨

Va Tech Wabag jumped +4%. Global brokerage firm Nomura sees a +50% upside from current levels. πŸ’°

RVNL was locked in a 10% upper circuit after 1.1 cr shares (0.5% equity) changed hands in a block deal. 🀝

IEX will buy back 49 lakh shares at Rs 200 per share from the open market. 😏

Dharmaj Crop Guard IPO got fully subscribed on day 1. πŸ’Έ
Reliance is still strong with more upward targets, it will push nifty to new highs also.
Bank Nifty will give bit sideways movement
Nifty and Sensex closed barely up as investors booked profits after scaling new highs. On the other hand, Midcaps and Smallcaps struggled, down -0.5% each. The advance-decline ratio was split evenly. ✌️

Most sectors ended higher. FMCG (+1.9%) and Metals (+1%) gained the most. Pharma (+0.7%) closed up for a sixth straight day. πŸ“ˆ

CLSA decided to show some love to Paytm. The global brokerage sees a +40% upside from its current price. πŸ€‘ Read more below.

IDBI Bank rallied +4%. Sumitomo and another large global bank have expressed interest in acquiring GOI’s stake, according to ET. 🀝

Laurus Labs tanked 8% after a double downgrade by Kotak Institutional Equities. They see a further 15% downside from current levels. 🚨

Gland Pharma surged +7% on reports that Chinese promoters Fosun Group may sell its entire $3.6 billion stake. πŸ’°

ICICI Prudential jumped 4% after 35 lakh shares (0.25% equity) changed hands via a block deal. πŸ”

Britannia will sell a 49% stake in its dairy business to France-based Bel Group for Rs 262 cr. πŸ§€

IPO Update. Dharmaj Crop Guard IPO got oversubscribed 5x on day 2. Uniparts India IPO opens for subscription tomorrow. Check out our detailed analysis below. πŸ’―
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