Why did Chemical Stocks Rally Today? | Nifty Support Broken? | CA Rachana Ranade

"I gas USA has announced that the prices of R32 and r125 refrigerant gases would increase by up to 200% sighting Supply constraints and this development has triggered a wave of optimism across the chemical sector"

"I gas USA has announced that the prices of R32 and r125 refrigerant gases would increase by up to 200% sighting Supply constraints and this development has triggered a wave of optimism across the chemical sector"

"and in that in that report itself they have mentioned that the Target price is 275 when when they saying there's a double downgrade and the Target price is 275 and the stock has already gone below 250"

"wow let me just clear all the drawings nice very good is it a double bottom absolutely and also at so breakout and at a support right now so good observation absolutely nice"

"all right absolutely I mean lot of Correction done no second thoughts"

"Nifty head and shoulder pattern considering 24,000 as neckline"

"no almost there almost there so the point that I'm trying to make this is a very very strong support level 23250 and this is 23,200"

"RoCE 22% RoE 32% previous year free cash flow greater than the free cash flow okay okay maybe it's like this is better than the previous sales growth 17.14% current ratio FI holding 8 Z satisfied eight out of 10 in 10 pointer analysis seems that you have done my course on fundamental analysis 10 pointer theory yes satisfied 8 on 10 absolutely fundamentally it is a very strong stock"

"Q3 and Q4 could be better. H2 basically, second half of FY25 could be better."

"if key levels are broken it'll be you know 400 500 points fall is what as I mentioned I can see in this whole mess there is one sector which is holding up very nicely which is the specialty chemical sector"

"I personally feel that maybe a month or two maximum for turbulence or kind of pain is what we can see"

"so it'll be easier for you to go through this turbulent time hold on to your good fundamentally strong stocks don't be in a hurry to sell so if you're able to you know go through this turbulent weather of stock market then the flight will be much more comfortable and enjoyable so uh don't worry it's it's a turbulent time and agreed but uh aen on their way right"

"pre-budget rally is expected let's see when does it happen"

"so great chances again that we could see the pre-budget rally right now in few days but no science no immediate science for the rallies at"

"typically budget to normal sectors like defense infra it could be about even technology where technology will be used again for multiple reasons something like it could be again defense it could be for a lot of factors right data centers is again one area which government is always looking at right now I'm sure they'll talk about a lot of PLI as well in the budget"

"the key level if you want to note this down is 23,200 if you want to note this down 23,200 that is also the the target of the head and shoulder pattern so if that is broken we can see a fresh selling of another 500 points"

"new virus is not that scary I also discussed this in the live stream that I saw few videos of few doctors and they are very clear on this that you know it it is not like a pandemic kind of kind of a situation hmpv has been there since like last 50 60 years so no need to be worried about this"

"when when markets are bearish I always say that whatever fundamentally strong stocks you have after a fall of every specific percentage you can you know add more possibility number one possibility number two uh is that rather than putting your money in stock specific zones it's always better to go ahead with Nifty ETFs Nifty B's basically uh these are like no-brainers so whenever you see a lot of volatility and if you want to park little by little always favorites could be Nifty"

"when you are in a kind of a downward trending Market this is not a bare Market I understand that but when the sentiment is weak in such cases reversal are much more stronger reversals can be you know traded trading breakouts can be a little bit risky"

"if you are a beginner then Nifty index F or in Nifty Index Fund I think that should be a good start for a beginner"

"how to approach stock market in 2025"

"many as I mentioned many con calls are mentioning that Q3 and Q4 results could be better H2 basically second half of F525 could be better is what a lot of con calls mention"