Early Signs of Downfall? | CA Rachana Ranade

"i do see some signs of downfall i do see some signs that this sector might not outperform the nifty again i'm repeating read the title of today's live stream very carefully i i feel this is like an early sign of downfall"

"now what do i mean by that uh i i i don't i'm not saying that it'll just crash like anything but i do see some fundamental problems in that"

"interestingly few names like hiromoto bajaj auto have been beaten on all three parameters all three parameters so revenue also not doing well profitability also not doing well and if i'm talking about ebitda margins that is also not doing well"

"all of these companies which which i mean which for which i read the management commentary the commentary was not at all encouraging as far as the semiconductors issue was concerned and semiconductors are something which is very important for the auto sector"

"And we see the resistance taken again and resistance and it is not it is not able to cross that mark which it took as a resistance in 1718"

"again if i'm talking about the highs it's not able to take out the previous highs so this is an early sign"

"this sort of candle coming after uh coming after this small up move because today is friday right so the week is over the candle has been formed after this up move if i'm seeing this candle what what is that candlestick pattern called shooting star"

"I am talking about a medium to long term view on Jupiter and food works okay because everyone knows I have invested in this stock I have talked about this stock quite a quite a bit number of times"

"whenever there is an rsi divergence this is called as an rsi divergence and ideally it can be an early sign of a trend reversal"

"what is one thing that has changed in jubilant food works and which can have a positive impact on jubilant food works is what I believe"

"I will post that tomorrow itself I will write it down somewhere don't worry"