Thursday, April 22, 2021

RESULT AHEAD ; KEEP ANY EYE ON HDFCLIFE

 BUY  HDFCLIFE FUT 2 LOTS ABOVE 683 TARGET 688/691 SL 677
On Thursday stock market was under pressure as the country reported more than 3.14 lakh cases in the last 24 hours, the highest single-day spike ever in the world. Today sensex was down 204 points at 47501 &  nifty shed 41 points 14255.today the healthcare stocks were trading in the green. The other gainers included glen mark pharma, Lincoln pharma, marksans pharma, rpg life sciences, shilpa medicare and unichem labs among others. Today share price of jb chemical and pharmaceuticals was up over 4%. Hitting a new 52-week high followed by laurus labs, cadila healthcare and apollo hospitals.

Shares of life insurance companies are trading with gains in tuesday’s session with ICICI prudential life leading the pack as it surged over 10% intraday after the company reported better-than-expected march quarter earning on monday. Other insurance company stocks like hdfc life insurance and sbi life insurance also jumped in trade. now on upcoming monday 26 Apr 2021 HDFC life & Tech Mahindra will announce quarterly results. We believe that the surge in growth is stronger for SBI life & ICICI Pru life & bit moderate for HDFC life & max life.
FOR GETTING SURE SHOT TIPS WHATSAPP ON 7772909587

Wednesday, April 21, 2021

"OXYGEN STOCKS SEE FRENZY"

Now days India is witnessing a strong wave of coronavirus pandemic & the demand for medical oxygen has surged which has boosted the shares of the company that produces the gas.Like  Shares of Linde India have jumped 104% since February while those of Bhagawati Oxygen have climbed 52% and National Oxygen and Gagan Gases have risen 33% each. India has been grappling to meet the heightened demand for oxygen for the last few weeks as the COVID-19 infections surge.

 Many retail investors seem to have interpreted this temporary demand scenario for the gas as an opportunity for stronger returns which not only boosted the gas suppliers' stocks but also shares of Bombay Oxygen Investments which is an NBFC firm and has nothing to do with the gas except for its name.Bombay Oxygen stock have jumped 144% since February due to frenzy-driven trade just because of its name and not the fundamentals. Its middle name 'Oxygen' suggested to the investors that the company deals in oxygen supply.Profits are expected to rise over the next two quarters as demand for oxygen cylinders will there for next 6-9 months. But there are many frontline companies like BPCL, Reliance, Tata Steel that have started supplying oxygen cylinders to hospitals which may hinder their
 profitability.
FOR GETTING LIVE MARKET TIPS TOMORROW WHATSAPP ME  ON 7772909587ЁЯУ▓

Tuesday, April 20, 2021

FALLING MARKET..A CHANCE TO ENTER??

FOR GETTING LIVE MARKET TRADING TIPS WHATSAPP ON 7772909587
Tomorrow market will remain closed on April 21 for Ram Navami. Investors should remain calm and stay with their investments, and add more on dips. Unless the index swiftly registers a close above 14300 in the next session, there is a distinct possibility of it slipping towards 13950. If bulls manage a close above 14300, then sideways move with slightly positive bias can be expected. 

The  market to trade in a consolidated range, where 14200-14000 will act as a strong base, and, on the upside, 14800-15000 will act as stiff resistance, but there will be stock-specific opportunities in ‘Corona-proof sectors’. will keep investors on the edge for some time but as the situation stabilizes, bulls will be back .Now For many industries like travel, tourism, restaurants, and hotels, the impact will be significant but IT, pharma, metals, telecom, and consumer staples will be less affected. Discretionary consumption will be the most-affected sector and will see challenges. We believe that a correction of up to 10 percent from the nifty peak of 15,200 would be a good support level .One needs to be selective on sectors like auto, large private sector banks, large NBFCs, electrical appliances companies, chemical, and pharma.