Above Stocks
1.09K subscribers
807 photos
2 videos
34 files
297 links
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.
Download Telegram
Blue Star is rising as its Q4FY23 net profit nearly triples YoY to Rs 225.3 crore, aided by realising a gain of Rs 170.8 crore from the sale of land. Revenue also increases by 16.7% YoY, driven by growth across all its business segments. The company’s board has approved the issue of bonus equity shares in the ratio of 1:1.
Nifty forms Shooting Star pattern on weekly charts, 18,000 crucial for upside.

A shooting star pattern is formed when the index comes under selling pressure as traders start booking profits at higher levels. The pattern is usually formed in an uptrend and is treated as a reversal pattern but requires confirmation in the following sessions.
πŸ‘3
BANK Nifty at Important Resistance Zone
Ascending Triangle in Formation in Bank Nifty 5 Mins
breakdown given... FALL exptected
Instl. Investors EQUITY Cash Trades PROV. - 08/05/2023 : Rs. CRS. :

FIIS : BUY +2,124 (8,705-6,581)

DIIS : BUY +245 (6,252-6,007)
πŸ”˜US Inflation Rate YOY 4.9%, As per Estimates

πŸ”˜Us Core Inflation Rate YOY 5.5%, As per Estimates

🟒 Positive For The Markets
The Congress is set to win 122-140 seats, which is higher than the halfway majority mark of 113, according to India Today-Axis My India survey. The BJP is expected to win 62-80 seats, and the JD(S) 20-25.
Adani Enterprises to consider fund raising via equity issuance or other securities on May13
Piramal Pharma gave breakout with huge volume.
Buy Above 79
Target 90,100+
SL 72
πŸ‘6
Bank Nifty at All Time New High
Short Term Stock
Buy IRCTC @ 640
Sl 623
Target 655,665
New high 650
New high 652.50
Above Stocks
Two Good Fundamental PSU Stocks at Breakout For the Year 2023 PFC @ 150 REC @ 120
PFC 150 to 190 (+β‚Ή9 dividend)
REC 120 to 144 (+β‚Ή8.5 dividend)