Nifty 25,000 A Distant Dream? | CA Rachana Ranade

"sales if you see YI growth is good. Uh we'll have to see whether it's kind of a seasonal thing or not. OPM also OPM March 34% versus 15% drop in OPM numbers. PBT from 22 to 36%. Okay. Uh on a year-on-year scenario, OPM has been Oh, now on a year-on-year uh scenario, OPM has gone up to 19%. Very good. PBT almost doubled. Nice."

"compounded profit growth numbers are good. Compounded sales numbers are good. Borrowing is negligible as compared to reserves. cash flow from operating activities positive"

"FIS we can see 4% FIS 8% DIS interesting interesting uh the only thing only concern here so other other fundamentals that we saw right now uh no problem but the only point is that it's a small cap"

"Nifty ... on a lower side you can see here on a lower side it's 24,500 roughly you can round it off 24,500 and on an upper side of course 25, 25,100 whatever. So we have to get out of this range of 24,500 to 25,100 ideally on the upward side."

"And if we are able to clear this there is no major hindrance directly we can zoom to previous all-time high which is 26,300."

"One pain point still remains is about the US economy because we know about the US debt problem. The time bomb the debt bomb is what I can say the debt time bomb is ticking."

"Do you see any chances for Nifty to drop down again till 21,000? Ideally, possibility is extremely less. Uh because whatever pain points were there have been almost solved."

"And as per Sebi the minimum ticket size or the minimum transaction size to be qualified as a blog deal would be 10 crores rupees at least."

"Now if that is so liquidity dries up and that causes a hindrance for the markets to go further higher. Now we have to understand how many block deals have taken place in this very month in the month of May. ITC roughly 13,000 crores, Indigo roughly 11,000 crores. Bharti Ital also roughly 13,000 crores."

"the moment markets start showing some bullishness market start showing some good signs IPOs are going to hit more and more uh in fact you might have seen that when IPOs are at the highest possible point that is where market typically peaks out"

"So all in all you can understand that whenever promoters are selling stake promoters typically take back this money and they may park it in different investment opportunities and this is where the liquidity somehow gets sucked up from the market."

"So we have to get out of this range of 24,500 to 25,100 ideally on the upward side. Now if we are able to break through, if we are able to break above this, we'll have to understand which is the next choke zone. See this is where we are right now. Always remember market sees some hurdles at previous swings."

"Now if you see a small high here al J again this is again the 25,100 to 25,200 100 to 200 mark and if we are able to clear this there is no major hindrance directly we can zoom to previous all-time high which is 26,300."

"Fundamental analysis more weightage should be given according to me. I'm more of a fundamental and of course a technical person but I give a little bit more weightage to fundamental than technical."