Again today also below expectations listing for Mufti at ₹282.35(+0.84%) and for happy forging at ₹1000 (+17.65%)
Flat listing for RBZ jewels @ ₹100 (+0%)
Flat listing for RBZ jewels @ ₹100 (+0%)
27th December (Wednesday)
💚FII bought : +2,926.05 Crores
🔻DII sold : -192.01 Crores
💚FII bought : +2,926.05 Crores
🔻DII sold : -192.01 Crores
Above Stocks
Tata Motor Analysis on Monthly Chart https://twitter.com/AboveStocks/status/1690319838147948546
The analysis was share at ₹600 😍
Today's stock market highlights include:
Sensex and Nifty's Performance: The domestic equity benchmarks Sensex and Nifty50 ended the last session of 2023 on a muted note. Sensex dropped by 170 points, closing at 72,240, while Nifty settled at 21,731, down by 47.3 points. Despite this, they delivered around 20% returns for the year, marking their second-best yearly performance since 2017.
Stocks Hitting 52-week Highs: Notable stocks like Nestle India, Tata Motors, and others hit 52-week highs, showing significant performance in the market.
Stock Recommendations: Vikas Sethi recommended buying Bombay Dyeing and Rain Industries shares, setting target prices and stop losses for each.
Top Drags of Nifty 50: Major contributors to Nifty 50's drag included ICICI Bank, RIL, and Infosys.
Sectoral Performance: Nifty IT and Nifty Bank traded significantly lower, with Nifty IT dropping over 150 points and Nifty Bank over 250 points.
RailTel Corporation's Gain: RailTel Corporation shares soared over 5% following the company's order win from South Central Railway.
OMCs Performance: Shares of oil marketing companies like HPCL, IOCL, and BPCL declined after reports suggested possible cuts in petrol and diesel prices ahead of the general elections.
Tata Motors' All-Time High: Tata Motors shares hit an all-time high, with a year-to-date gain of 105%, spurred by developments in the Electric Vehicle policy.
Tata Consumer Products' Milestone: The company's market capitalization crossed Rs 1 lakh crore for the first time, with shares hitting an all-time high on BSE.
Financial Sector Outlook: According to a report by Citi, stress in the financial sector is lower than anticipated, though there's a risk build-up in consumer credit.
Kalpataru Projects' Surge: Shares of Kalpataru Projects International Ltd hit a 52-week high after securing orders worth Rs 3,244 crore.
Innova Captab IPO Listing: Innova Captab had a muted debut on the NSE and BSE, listing at a slight premium to its IPO price.
Upcoming Special Trading Session: BSE and NSE will conduct a special trading session on January 20 to test a disaster recovery site.
Sensex and Nifty's Performance: The domestic equity benchmarks Sensex and Nifty50 ended the last session of 2023 on a muted note. Sensex dropped by 170 points, closing at 72,240, while Nifty settled at 21,731, down by 47.3 points. Despite this, they delivered around 20% returns for the year, marking their second-best yearly performance since 2017.
Stocks Hitting 52-week Highs: Notable stocks like Nestle India, Tata Motors, and others hit 52-week highs, showing significant performance in the market.
Stock Recommendations: Vikas Sethi recommended buying Bombay Dyeing and Rain Industries shares, setting target prices and stop losses for each.
Top Drags of Nifty 50: Major contributors to Nifty 50's drag included ICICI Bank, RIL, and Infosys.
Sectoral Performance: Nifty IT and Nifty Bank traded significantly lower, with Nifty IT dropping over 150 points and Nifty Bank over 250 points.
RailTel Corporation's Gain: RailTel Corporation shares soared over 5% following the company's order win from South Central Railway.
OMCs Performance: Shares of oil marketing companies like HPCL, IOCL, and BPCL declined after reports suggested possible cuts in petrol and diesel prices ahead of the general elections.
Tata Motors' All-Time High: Tata Motors shares hit an all-time high, with a year-to-date gain of 105%, spurred by developments in the Electric Vehicle policy.
Tata Consumer Products' Milestone: The company's market capitalization crossed Rs 1 lakh crore for the first time, with shares hitting an all-time high on BSE.
Financial Sector Outlook: According to a report by Citi, stress in the financial sector is lower than anticipated, though there's a risk build-up in consumer credit.
Kalpataru Projects' Surge: Shares of Kalpataru Projects International Ltd hit a 52-week high after securing orders worth Rs 3,244 crore.
Innova Captab IPO Listing: Innova Captab had a muted debut on the NSE and BSE, listing at a slight premium to its IPO price.
Upcoming Special Trading Session: BSE and NSE will conduct a special trading session on January 20 to test a disaster recovery site.
Episode 3 of the Technical Analysis Course is LIVE now
Importance of Volume Analysis
https://youtu.be/GBXWyr-PwqU
Importance of Volume Analysis
https://youtu.be/GBXWyr-PwqU
YouTube
Volume Analysis in Technical Analysis Course | Episode 3
Dive deep into the world of trading with Episode 3 of our acclaimed Technical Analysis Course! In this must-watch episode, we unravel the mysteries of Volume Analysis, a key technique that seasoned traders use to interpret market trends and make informed…
1st January (Monday) - FII DII Cash Market Activity
🚨FII sold: -855.80 Crores
😍DII bought: +410.46 Crores
Nifty @ 21,741
🔼+10 points (+0.1%)
🚨FII sold: -855.80 Crores
😍DII bought: +410.46 Crores
Nifty @ 21,741
🔼+10 points (+0.1%)
Above Stocks
Nifty Broke the days low and also the previous days low. More downfall can be seen. Now Nifty @ 21550
took the support of this important level, sell only below this levels
Importance of Volume Analysis
Engineers India tried to break out the resistance level
But, this time there was a huge volume boost.
therefore, this breakout was very successful.
Learn More about Volume analysis in the below video
https://www.youtube.com/watch?v=GBXWyr-PwqU
Engineers India tried to break out the resistance level
But, this time there was a huge volume boost.
therefore, this breakout was very successful.
Learn More about Volume analysis in the below video
https://www.youtube.com/watch?v=GBXWyr-PwqU
Above Stocks
Nifty Broke the days low and also the previous days low. More downfall can be seen. Now Nifty @ 21550
Broke the support levels, more downside possible now
Interesting FACTS about PSU Sector 📊
➡️PSU index grew four times as much as the benchmark index in 2023 📈
➡️One in three PSU stocks has delivered a 100 percent return 💯
➡️Defence and Railway stocks have led the rally in PSU space 🛡🚂
➡️Under-ownership, near monopoly status and government support behind strong performance 👥🏛💪
➡️PSU index grew four times as much as the benchmark index in 2023 📈
➡️One in three PSU stocks has delivered a 100 percent return 💯
➡️Defence and Railway stocks have led the rally in PSU space 🛡🚂
➡️Under-ownership, near monopoly status and government support behind strong performance 👥🏛💪
Above Stocks
Nifty Broke the days low and also the previous days low. More downfall can be seen. Now Nifty @ 21550
Made new low of 21500 🔽 🔽
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2024 Main Board IPOs Announced! 🚀
Exciting IPOs lined up for the year:
1. Jyoti CNC Automation
- Dates: 9th to 11th January
2. Medi Assist Healthcare
- Dates: 10th to 12th January
Exciting IPOs lined up for the year:
1. Jyoti CNC Automation
- Dates: 9th to 11th January
2. Medi Assist Healthcare
- Dates: 10th to 12th January
3rd January (Monday) - FII DII Cash Market Activity
🚨FII sold: -666.34 Crores
🚨DII sold: -862.98 Crores
Nifty @ 21,517
🔽 -148 points (-0.69%)
🚨FII sold: -666.34 Crores
🚨DII sold: -862.98 Crores
Nifty @ 21,517
🔽 -148 points (-0.69%)