Fireworks in Nifty this Diwali? | CA Rachana Ranade
Published: 2022-10-20
Status:
Available
|
Analyzed
Published: 2022-10-20
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
Nifty 50 is predicted to reach 17,880-17,900 if it sustains above the 17,500 level.
"if the Nifty is able to sustain Above This 500 car level then seventeen thousand eight 80 or I can say 17 900 can be the thing that we might try to March past"
Pending
There is a possibility of Nifty 50 reaching 17,900 or 18,000 by October 27th (next Thursday from the video's recording date).
"big question can we see this level of 17 900 or maybe 18 000 by next Thursday is what we would want to really watch out for again"
Pending
If Nifty 50 breaks out of its sideways trend and closes above 17,640, it could potentially reach 17,900.
"if we are able to go beyond this sideways render then we can again go into the green zone and for that the immediate resistance is at 17 640 if we are able to close above that 17 900 can be very well possible Target"
Pending
If Nifty 50 sustains above 17,500 for a day or two, call writers may get trapped, leading to a potential rise to 17,900.
"if markets sustain Above This level even for a day I think right now And if that we continue for Monday as well then these people are going to be trapped big time and then we can very well see this coming up to 17 900 already"
Pending
There are good chances of positive market movement ('fireworks') in Nifty 50 around Diwali.
"all in all I really believe that there are great chances that we can see some nice fireworks this Diwali"
Pending
The Indian Rupee is predicted to reach or has reached approximately 83 INR per USD.
"almost to the tune of 83 INR per USD"
Pending
The speaker believes there's a high probability of positive market movement ('fireworks') in the Nifty 50 around the Diwali period.
"there are great chances that we can see some nice fireworks this Diwali"
Pending
Power Finance Corporation has immediate resistance at 106, with a potential to reach 110 if crossed. It appears to have bottomed out.
"106 can be kind of an immediate hurdle but if that is crossed can go up to 110 also I can see some signs of reversal pretty much at the bottom it has looks like it has bottomed out"
Pending
UltraTech Cement has provided approximately 90% returns over the past five years, which the speaker considers a fair return.
"ninety percent trans five years is fair enough you can be happy with that"
Pending
IEX needs to sustain above the 145 level and show signs of reversal before the speaker would consider accumulating shares.
"ideally it has to try and sustain about this 145 level it has to get back to that if that be so I might consider accumulating at this level but not right now I need to see some signs of reversal first I would not enter at this level"
Pending
SAIL, as part of the metals sector, might require more patience for outperformance due to current economic conditions.
"Metals outperforming might take some more time is what I believe so you'll have to be a little bit more patient"
Pending
Fresh entry into Samvardhana Motherson International is currently considered tricky, and a trend reversal is not yet visible, suggesting a need to wait.
"I mean fresh entry right now can be a little bit tricky I can't see any specific Trend reversal in in this talk right now so I would want to wait a little bit"
Pending
Polyplex is currently underperforming, but the speaker has a one-year outlook and is not concerned by its short-term performance.
"polyplex is not performing well right now but again I have a one year view on that so not not really bothered with that"
Pending
FCL is in an uptrend but faces resistance around the 400 level. Short-term traders should be cautious and mindful of levels.
"not bad it is it is in in an uptrend right now but I see some resistance around 400 levels so be a bit careful if you are doing like you know a comparatively short-term trading so have levels in your mind and then if you're asking from a trading perspective then only trade"
Pending
Devyani International is considered a fundamentally strong stock.
"both are fundamentally strong no doubt about that"
Pending
Narayana Hrudayalaya is considered a fundamentally strong stock.
"both are fundamentally strong no doubt about that"
Pending
Based on a basic comparison, DBS appears to be a better investment than Granules.
"just by a base level comparison DBS seems to be better than granules"
Pending