Let's Stalk Stocks| Q & A Special | CA Rachana Ranade

"I do Have Jubal Food works in my portfolio you know the color of that stock right now in my portfolio red but not averaging also right now just letting it sit it is right now in my portfolio"

"m&m my average price is 1437 sitting with moren 50 per profit can be an average more at current price but I can tell you today only I am not mistaken m&m came up rarely numbers again good set of numbers and I was reading through a news article which mentions rural demand related companies beat M&M beat ROI Moto Corp beat something like in the FMCG space beat something like Colgate all ten companies are mentioning that rural demand is picking up fast and if that be so then it is going to be a positive sign because in conjunction with in addition to the urban demand rural demand if It starts picking up then all in all it's going to be a good sign for this company so check for the low and then only think about averaging"

"absolute running in pal channel see how beautiful it taken support here this was if you remember last Thursday lsa i told you this is last 1 Monday how many of you remember what was the level t I told you ya aad mention t if you want take a piece of paper write it down told it nifty at a specific level it should not ideally go below specific level what was the level t I gave n the last Thursday lsa i told you to a given specific level for nifty t ideally it should not go below this level and I told you to write to level n 21800 right again share my screen if you see here am Zooming in this candle it's like hammer the low is 2121 right so it is it is taking support at perfect levels right now happy with how Nifty is behaving right now"

"PB Fintech rounding bottom in monthly time frame with listing price at all time high. Okay, I haven't tracked PB Fintech for long time now. I'm checking out our monthly time frame and you are right. I will share my screen. Good, or share my screen. It's very nice rounding bottom formation. So this was that month's close. Is it close now? Is this answer yes? But this month's high is the initial high. Okay, so agree that the first month's listing price was the close price. It has been taken out, but still there can be the next hurdle at 1467 so be a little bit cautious on this plus one more point it the volume is not that great this entire rally is happening it is pretty similar to the selling volume selling volume and buying volume are more or less similar not star kingly high but yes in such cases what I do is I keep such stocks in my watch list and then see how the whole price action takes place in the coming we will say"

"ICICI Bank is not seeing consolidation what is happening late m see r consolidation and not share my screen i.e. ICICI Bank ok later see a zone already done for ICICI and if you see your guess it has been in this zone since 2020 but continues in its uptrend it has to break now 1200 then it will show some more fire otherwise it will choke in that same side wedge not at all Sideways but in the channel I should see in the parallel channel trending upwards"

"Trent again yes Trent is also fundamentally a very good stock but if I am not mistaken it has already run up quite a bit I will do a little bit more in depth analysis I will see because I think I have not done any garment related and any similar stock in the stock of the month let me see if I can cover trend in one of the stock of the month If I feel the fundamentals are really worth it then definitely I would love to take it up in one of the future stock of the month so you also understand how to analyse different type of company"

"Go Digit IPO I should also consider taking investment Did you have to do your homework but let me tell you at operating level it is in losses even today number one if I am talking about put level it has become profitable for the first time in 203 if I am talking about IRD I was about to say IRED sorry IRD I am Insurance Regulatory Development Authority of India IRDE has also given them certain mourning notice and some warning if I am not mistaken again I don't have the ACT document in front of me right now so pardon me for one or two words here and there so they have given them certain statement certain warnings and ask for some alleged non compliance I am not saying that had non compliance I am not possible non couple so negative plus the only asking I have has couple to the industry plus so I think negative are they more far gail rat"

"Coal India cup pattern on monthly time frame it so let me check Coal India only cup where is the handle I will share my screen this could be more like a rounding bottom I must say that oh okay here You go so if you see here this is what 2015 oh good 2015 even if I take it from here this is 2018 to 2000 this is also good enough actually right now I can see an inverted head and shoulders again here how I will show this is the shoulder head shoulder break out and if I want to understand how much intensity of this is just quickly use the scale from here to the neck line is around 145 so I'll take 150 points so from here again 150 points is already up much more but this is the initial high that has been taken out plus there is so here this was the initial resistance so let's just cut out the inverted head and shoulders because this has already been you know so do not understand inverted head and Shoulder and how to calculate the price target based nut chart pattern we understood but if you see this was the high so maybe the stock should see some sort of resistance here and it did see some sort of resistance here it did give a break out and it is still trading now that and one more important point if you see here is that the volumes are pretty nice here in this run up so very interesting Coal India again looks like good chart"

"Ashok Ley finally break out in weekly chart let me pull it out so I want everyone to give me some backing right so I can pull the stock for you Ashok Ley and ass sharing my screen air screen weekly chart take monthly chart in see some drawing So I just cut this out for second so I understand that I did so this is 2018 firm here you can see nice cup and handle a break out and test and bow and what else is needed clear pattern text book pattern of cup and bow fantastic and even if you see if you want to draw a trend line from here sorry draw trend line from here and match these high points here going strong very nice Ashok Leyland very good"

"Power Finance Corporation pole flag break out it so let me check PFC in weekly time frame and I am drawing further but yes visible I will share my screen it might look a little bit clutter nice Amit say low volume Ashok Leyland check that so if you can see there a big pole and flag very nice flag You can visualize it right now quickly but yes it is correct and for Ashok, let me just check one more time for the wall. um I m checking the one month correct so the volumes if you see here during the consolidation phase they were higher right now it's not that great ideal if it were to break out above this old level and also sustain it should take as it should give as more volume so that we can be a little bit more confident you are right the volumes are not that great right now"

"Astra Micro kay but I have given huge okay but I have given huge run I have given tering at this time I don't think it makes sense ntering at this time I don't think it makes sense I would not have done it I have already gone up anything would want to check more but at least we see new stock okay and I am repeating it easily Should be checking the fundamentals first A entering fresh interest into this stock is risky stock It has zero debt RO 21 per order book of 76 Kc I approx 4.75 times may be of its sales A renewal Your wuz nb"

"BIEL A well done video on defense stocks and in the BIEL was covered So check the quarterly results OPM good BVA good PBT good than earlier numbers also fantastic profit is looking strong ridge build up cash flow firm operating activity is understandable big dent your wust check this point TBM 5000 to check this region Government company share holding study 51 per where Government of India 's F has increased their stake BY may have reduced it a little bit All in all I mean seven stocks P48 with industry P74 let's check This stock is technically as well as Bharat Electronics all the stocks have run up so much if you have not already entered then entering at such steep levels can be a bit scary"

"yes absolute text book pattern see one cup and handle nice break out and good volume breakout good volume so if there is test then Arwaz but there is also one more level here which needs to be covered up right right"

"inverted head and shoulders on daily time frame broke strong support strong support inverted head and shoulders broke the support and er down side what is this understand it daya consumer time frame ya se daily time frame ok a then ya said head and shoulder it's head and shoulder ok a sher the screen ok here you go this is like the shoulder like the head and again like the shoulder and broken right so in if I to join this yes extend this it's pretty much cut to cut right now don't be in hurry to take a decision sell ya see er this is the neck line ok not done properly should become till my neck line it would break the neck line here but today it's given kind of bamboo back so I would not have been in hurry to I and I would not have been in hurry to book losses"

"no in school i think there was a wwf player by papa sango oh my god l my wf childhood Memories actually just gut triggered right now with papa sango okay a nifty level nothing special still 21800 is a very very very good support I don't see any problem it is going strong pit level is around 22400 is a very nice hammer candle was formed today so all in all happy with nifty right now nothing to be yanow scary about so all in all nifty strong no need see aa I specifically talk about lifty levels no I feel that you need to know this is a very tricky make or break kind of thing but 2400 right now is the pit level so it makes sense to watch whether it is able to close above that or not if yes it would be now pit level and then would make more I mean it will make itself as a more strong candidate in that case right"

"I have discussed about this so many times at post election post election results typically b 2019 b 2014 markets have corrected quite a bit okay when markets corrected when markets correct don't be afraid this is the time that you Should be right you should not jump into some fundamentally strong stocks and you should have a list of two stocks that you want to buy so don't even wait for that have a good set of stocks ready with you and once the market falls post election if it does if it does then think about entering into such stocks alright"

"post election results typically b 2019 b 2014 markets have corrected quite a bit okay when markets corrected when markets correct don't be afraid this is the time that you Should be right you should not jump into some fundamentally strong stocks and you should have a list of two stocks that you want to buy so don't even wait for that have a good set of stocks ready with you and once the market falls post election if it does if it does then think about entering into such stocks alright"

"rural demand is picking up fast and if that be so then it is going to be a positive sign because in conjunction with in addition to the urban demand rural demand if It starts picking up then all in all it's going to be a good sign for this company"

"silver is at an all time high so it's again amazing to see how this commodity is playing out now what about it it is some silver is used in solar panels as well so this was an interesting use case so silver is at an all time high I would be interesting to watch how the price"

"nifty has taken a parallel channel support my ice cream na becoming cand a milkshake sov second un let share my screen o some lit last second okay clean dung channel s can be like parallel channel absolute running in pal channel see how beautiful it taken support here this was if you remember last Thursday lsa i told you this is last 1 Monday how many of you remember what was the level t I told you ya aad mention t if you want take a piece of paper write it down told it nifty at a specific level it should not ideally go below specific level what was the level t I gave n the last Thursday lsa i told you to a given specific level for nifty t ideally it should not go below this level and I told you to write to level n 21800"

"and then till then I will drink chocolate tea milk yes alright Meenakshi says my question not answered hey Meenakshi I try to answer so many people's questions dil pe mat lagana not intentional fantastic so good to see everyone love today different atm of taking questions right from the word go and I hope you keep coming up for every Thursday live stream it would be good to interact with you I would was a week I would keep looking forward to it and see you next Thursday do the live Stream from my house Next day to come at my mom's place Enjoying here for few days Now to three days at least So yes I'll see you in the next one Till then take care Jai Hind and bye bye"