IREDA | This stock is 5x in 2 months | CA Rachana Ranade

"when your Target is met that to with a gap up and if it shows some strength on that day so if you see here this is I know this is not called as a hammer because Hammer typically comes at the end of a downtrend this is in an up move okay but just so that you can visualize this looks like a hammer right so you can see here there was a lot of selling pressure and selling pressure and selling pressure But ultimately the buyer started taking it up and up and up and finally it Clos here back to back day two with a hammer okay and you can see here okay I'm just going to zoom into today's candle so that you'll understand what is the importance of today's candle okay I'm also going to share the negative Point as well as positive Point okay now if you see here what is today's high point High Point is 69.8 and what is the close locked at the upper circuit and that is the reason why it has closed at the highest point now there are some people who say volumes are very less not that good obviously volumes were less because it was locked at upper circuit okay I hope you have understood some basic points okay now important point that we learned here was that if you are seeing that a stock has met its Target with a gap up shown two back to back kind of hemmers with one more with high is equal to close it means that there is still some air which we can see in the stock still some strength that we can see in the stock okay calculating the next big Target to be honest is difficult right now it's in the Blue Sky Zone okay"

"Prime Minister Shri Narendra Modi G said of course this announcement was done after the ayodya ram Mand you know pran pratita of pru shiram and he said that he plans to equip one CR homes with solar rooftops okay now one CR homes if these number of homes were to be equipped with solar rooftops how much investment would be required almost 1.25 to 1.5 trillion rupees of investment will be required 1.5 trillion means 1.5 lakh CR rupees okay now when I read this for the first time I was like okay so here two two sectors could benefit out of this number one could be Banks nbfcs who would give loans for these uh for those who want to actually you know set up a solar rooftop panel okay so of course one part is going to be like government funded but some part will be like you know even the uh the people at individual level would also want to because it's all about awareness right if more and more people are going to have solar rooftops it's as easy as this I can say that 10 of my friends have done it even I would want to get it done for my house right or for my building or for my Bungalow and if that be so then we have to understand that can nbfcs and Banks be benefit be benefited out of this and could there be solar roof panel companies which could be benefited out of this so I tried to do an analysis there is I didn't at least I didn't find a listed player who is big enough there are one or two names okay but it's not like a major chunk or like 90% 100% coming out of that uh so majority of them are kind of unlisted space as far as solar panels are concerned"

"so for a bank or an nbfc which specializes into giving loans to projects which are about renewable energy they are going to be benefited are you with me yes so which is this nbfc has to be i e d a because re is nothing but renewable energy right now when I again so understand the sequence also so when I said t renewable energy agreed but ideally they would be giving loans to companies all right would they be giving loans to individuals like people like you and mea okay so for that I listened to one of the management interview and in that the key person says that right now we don't have a separate entity as such which focuses on retail lending because what he was mentioning is it requires a separate level of expertise assessing risk or assessing repayment capacity of a corporate versus assessing the repayment capacity of an individual that is going to vary so we have to understand that if it is about assessing the rep repayment capacity of an individual we need specialized team who can assess the risk profile and then decide whether to lend a loan whether to lend money or not whether to give a loan or not so for that they said that yes we are planning to create a subsidiary separately to help the retail sector with renewable energy this was mentioned by Mr pradep Das the uh Chief manager managing director of irida and uh he had he said that they have requested permission requested permission to start the operation of this separate division for renewable energy and let's see how quickly they get this entire renewable uh they get this entire license right"

" Rajesh says LC to acquire Stak till what Jan 2025 currently LC holds 5.19% fantastic now see now if HDFC goes up then then you know how how Nifty can perform"

"what I feel right now is people are going to keep a bit low why are overall CH Jan series to it's over today only but tomorrow is a holiday day after is holiday so 26 27 28 3 days back toback holidays right so but 3 days 29th 30th 31st after which we'll have the budget okay so I don't think a lot of positions will be built by at least institutional investors uh I don't think adding fresh position to huge extent makes sense I personally believe it'll be more or less like sideways uh don't see any extreme movement coming up unless and until there is some news which we don't know of today so be a bit cautious don't be in a hurry to invest check out what the budget comes up of course interestingly 1 of February is again a Thursday so next Thursday I will do a live stream on budget summary okay"

"this year it's not a full budget I totally understand that it's going to be an interim or a vote on account so no big announcements ideally can be done nothing uh which is which can be like a populist thing that can't be told in this budget because it's not allowed uh they they are not not allowed to come up with big schemes per se which can influence the mind of people to vote for or against a party typically a vote on account is a type of budget where you know you can uh you basically pass or how do I say this uh only those amount or only those expenses which are required for next three to four months until the full election happens those are approved they get approved in in the house that is what is actually required to be done in the interim budget but this one is called as a vote on account okay so uh nothing nothing big announce no big announcements is is what I feel okay"