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
Above Stocks
Photo
Target 1 achieved
More to go....
Nifty at 20k ๐Ÿš€
Confused with your shares to hold or to sell ? ๐Ÿ“ˆ
Mention the stock name below, we share the analysis on it...๐Ÿ“Š
(One Person, One Stock) ๐Ÿ‘ค
For Education Purpose Only ๐Ÿ““
IDFC First Bank ๐Ÿฆ @ 96.5
#IDFCFIRSTB

The Company is having a Strong Long Term Fundamental Strength with a 35.23% CAGR growth in Net Profits and Net Interest Income (ex other income) has grown by an annual rate of 48.68%

The stock is having a good support zone at 93 and 82 and can move upto 130 in long term frame.

Also GQG Partners acquires 5.1 crore shares of IDFC First Bank in a block deal worth Rs 478.7 crore

Fundamental View : Very Strong โœ…
Technical View: Bullish โœ…
๐Ÿ‘2
Adani Wilmar @ 363
#AWL

The Company has report Loss of Rs. 78.92 cr in the last quarter. This is the first time in last 4 years. โŒ

Promoter Share Holding stayed the same in the most recent quarter at 87.9%. โœ…

Mutuals Funds and DII are not showing interest in this company. 0.06% shareholder are MF and 0% are DII. โŒ

Technically the stock has made a falling wedge pattern on chart, which means the share price can give some bounce back.

350 level is an important support zone and share can bounce till 392 or 450 levels.

Fundamental View: Neutral - Slight Negative ๐Ÿ†—
Technical View: Turnaround Possible โœ…
โค2๐Ÿ‘1
Above Stocks pinned ยซNifty at 20k ๐Ÿš€ Confused with your shares to hold or to sell ? ๐Ÿ“ˆ Mention the stock name below, we share the analysis on it...๐Ÿ“Š (One Person, One Stock) ๐Ÿ‘ค For Education Purpose Only ๐Ÿ““ยป
Nifty Facts @ 20000

๐Ÿ‘‰ Started from Rs. 280 in 1990
๐Ÿ‘‰ Growth of 5800% in 33 Years
๐Ÿ‘‰ CAGR of 14%
๐Ÿ‘‰ Major Crash Year : 2008 (-51%)
๐Ÿ‘‰ Major Recovery Year : 2020 (+85%)
๐Ÿ‘‰ Only 8 out of 33 yearly candles are RED
๐Ÿ‘5
L&T increases buyback price from 3000 to 3200/share, however, the number of shares to be bought back has been reduced from 3.33 Cr to 3.12 Cr Shares
๐Ÿ‘1
Our Short Selling Indicator gave 1:4 RR.
In the early morning trade.

Can trail for more profits...
โค3
Huge profit booking in midcap and smallcap stocks..
Stay Cautious in these stocks...
About 15-25% downside possible in the stocks which doubled in last few days
Short Term Buy
TCS @ 3582
Target 3630,3700
Sl 3520
Indian Railway Catering & Tourism Corporation Ltd.
#IRCTC

Healthy long term growth as Operating profit has grown by an annual rate 25.18% โœ…


The company has declared Positive results for the last 8 consecutive quarters โœ…

The stock has given the previous breakout at 670 levels and now it will act as a good support and target can be 730,800+ levels

Fundamental View: Strong โœ…
Technical View: Bullish โœ…
๐Ÿ‘2
6 Days of Rise = 1 Day of Fall
Market Fall / Crash is always sharper and more painful than a rise.

Nifty Smallcap Index -4.3% down today.
Highlights of the Mutual Fund Industry data for August issued by AMFI:

- Equity MFs net inflows for August was Rs 20,245 crore, the highest in five months

- Mutual Fund industry net AUM stood at Rs 46.63 lakh crore as of August 31.

- Mutual Fund folios hit an all-time high of 15,42,41,577 in August, compared to 15,14,21,270 in July.

- SIP inflows hit an all-time high of Rs 15,813 crore in August. The SIP AUM stood at Rs 8.47 lakh crore as of August 31, compared to Rs 8.32 lakh crore in July.

- Retail MF folios also hit an all-time high at 12,30,07,367 in August, compared to 12,08,50,415 in July. Retail AUM stood at Rs 24.63 lakh crore as of August 31.
Short Term Buy
Buy PNB @ 72
Sl 69
Target 77,81+
Above Stocks
#PNB Gave an amazing Breakout Can retest and move up again
New high made as suggested by us... More upside posible
๐Ÿ‘3โค1