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"

"so one more time at India level I'm talking about okay not at a specific corporate level at India level in the coming few years three points that I talked about one is about 125 gaw of renewable energy with the help of green hydrogen second one is about 50 solar parks with uh 37.4 n gaw project and third one is wind energy with 30 gwatt project plus it was mentioned that 320 gaw of additional renewable capacity will be added by 2030 okay so this specific point 320 gaw of renewable energy capacity will be added this was mentioned in one of the management con calls okay in fact that was also given in the management con call that 320 gatts will require how much investment very important Point coming up please pay attention 320 gaws of additional renewable capacity is going to be added by what by 2030 okay now for this 320 gwatt of energy to be added 30 to 32 lakh crores of investment is going to be required 30 to 32 trillion rupees of investment is going to be required now for this they mentioned that even if we say that 75% of that will be through loans 25% can be funded okay let's say Government funding or Equity I me own funds or government funds whatever 75% will be through loans is what was mentioned okay and that's so basically 30 32 lakhs 70 75% will come around 24 lakh CR Now out of this 24 lakh crores even if 50% is given by Banks balance balance 50% will be given by nbfcs so Mr pradep Das who is again the CMD I was mentioning about him he mentioned that by 2030 nbfc space will be able to lend how much 12 lak CR Rupees is that a big number of course I'm not saying that only Ira is going to lend that money it's going to be entire ndfc space okay"

" 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"

"see there are going to be one or two stocks which don't perform as per your expectations so uh one or two stocks from the recent past recent one is from the recent past kind of recent past which is polyplex which did not perform as per my expectation and second one which was one of my favorites and has not been performing for a long time uh is jubilant Food Works okay is it in loss in my portfolio answer is yes both stocks are in my portfolio both are in a loss"

"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"

"instead of averaging that stock try and put money into some stocks which you feel is trending which you feel is going to perform more and you can knock off the profit of that against the loss in some other stock have that mentality as well"