Auto Sector Turnaround? | Breaking down Auto numbers | CA Rachana Ranade

"bpcl retesting its seven year old high okay let's check exide and bpcl both oh I forgot to switch off the comment exide and bpcl right I've already drawn an upward sloping trend line yes there you go uh oh wow very interesting very interesting this is an upwards sloping trend line from 2011 clearcut case of breakout and wow what a retest this is a clear clear clear example where you should be adding it to your watch list study what happens whether it is taking good support here this is a monthly candle again understand this uh let us also check daily basis pay alt R uh this is again a case okay but let us also check what is the 200 demma and 50 oh just broken below it's 200 demo ideally it should IDE it should cross this and then it'll bring in more interest should close above 4 450 maybe it'll be much better in that case so good observation though in exide no second thoughts nice one okay uh the second one that you had asked was bpcl on a monthly basis yes 1 2 3 breakout almost a retest that's where it is correct both both observations are absolutely correct"

"Auto chart as a sectoral chart looks very interesting right now let's see what the followup action looks like for a day or two"

"if we are able to break this then there is a amazing chance that we might Advance way higher now okay now first things first what happened today today we saw a big green almost 2% up move uh two three news we are going to discuss why uh Market actually cheered some news today uh let me just it's not coming up okay all so was there a Gap yes there was this Gap and this Gap got filled up today with a very strong green candle okay so is this a good sign no second thoughts on that is there an immediate resistance here so if I were to draw a trend line right from the top something like this then yes there is a resistance around 24,400 level okay so still I think there is a you know possibility of another 200 points easily uh on the upside now once this is broken as I mentioned earlier what would be really important if can we if we can break Above This is 24,800"

"Jubilant FoodWorks has been on my redar since a long time once one of one of the Paha St in my portfolio finally has come in green after a long time uh used to be one of my favorites uh has not performed well in the past I'll just quickly show you the weekly time frame I've been tracking this since quite a longe just so yes in first first comes first in a daily time frame is this like a c handle it is uh has it been showing strength since past few days SL weeks answer is yes again okay has broken out uh is still going up today 2.2 29% yesterday almost 3% what we need to check right now that is really really important is can it see a choke Zone here and answer is yes according to me okay if you see I tried to go about this one two so two weeks it struggled third week it went up then one 2 3 4 five week it was testing this sixth week shot up like anything almost 10% in a single week followed by 16% crash in a single week then this acted as a resistance one two twice third time fourth time and since then it has been a crash since genan 2022 okay I personally believe this is the next most important hurdle for this stock to clear also psychological barrier of 800 rupees if that is taken out I feel stock has to you know test its alltime highs"

"I think there was a news for deart today uh I think Dart News latest I think I read this something today oh yes it is three hours ago update standard loan Revenue jumps 177% demart battles quick Commerce grows Revenue by 17% okay fantastic so 17% growth is good again uh this is what I've already drawn uh on a daily time frame let us check first again clearly this was this has been taking support multiple times here I should in fact take it here as well one one two three four went up again just just above this uh again too early I think after today's news it'll be interesting to see what the stock price reacts tomorrow but uh ideally it should sustain above this for a few days so that I can say okay now that it had gone below the support maybe it'll take a good support at this should be a strong support line in that case"

"H HL has been one of my favorites uh fantastic stock from fundamental point of view uh I mean if you have been a pro investor current uh I have discussed H HL in absolute detail well yes there are chances that budget can bring in good announcements for the defense sector in fact I think rajat Singh G made one statement on the first or on the second that uh Second is today n yesterday I think he made a statement that 2025 year is going to be a very promising year for the defense sector and uh feels good to tell you that this month's stock of the month is from the defense sector"

"so what I would want to do is just share my screen I've just done a GST collection December 24 so if you see here the total December GST collection was 1 lakh 76,000 cr800 so 1 lak 76857 crores okay is it a good one yes I think this is the 10th month where we have crossed u a you know a benchmark of I think 1.5 lakh crores so again a good one uh good GST collections but what I could read in many many many news is that even though the number is high if we were to meet the yearly Target then we need to grow at a higher pace so I'm repeating what I said even though the GST collection number is good we need to grow at a faster GST collection rate so that we can meet the full year budget okay so uh important Point here let's see how Jan Feb Mar March and fair Jan Feb March fair so that we can get to know about the whole year uh projection"

"IT sector also bullish absolutely absolutely and there are High Hopes from it sector for for Q3 results as well"

"do you think rally in defense sector can come soon as budget is near and can can this sector again see an upside for coming future do share your thoughts as thoughts on H HL has been one of my favorites uh fantastic stock from fundamental point of view uh I mean if you have been a pro investor current uh I have discussed H HL in absolute detail well yes there are chances that budget can bring in good announcements for the defense sector in fact I think rajat Singh G made one statement on the first or on the second that uh Second is today n yesterday I think he made a statement that 2025 year is going to be a very promising year for the defense sector and uh feels good to tell you that this month's stock of the month is from the defense sector"

"Asian paints I've I've been a fan of the stock but has not performed well I mean I I remember taking that stock way back uh also sold it from my portfolio but last two three years has not been performing well uh I think big I mean I've told about this so many times there a big saturation in this in this whole paint space right now so not really very very you know bullish on this entire space per se"

"gold pretty much bullish uh I think last two three years we have seen that typically you know uh in the short term stocks and gold go in the opposite direction last two three years we have seen gold is also Rising stock is also Rising stocks are also Rising so yes gold silver both uh I mean I I don't see any reason why they should not be performing best way to buy gold physical or bonds uh gold uh sgbs sovereign gold bonds priority number one uh then it would be gold ETFs and last priority would be physical"

"would Trump assuming office have impact on defense sector possible absolutely possible uh I mean overall see Trump is just just one one factor but I feel India's government itself is absolutely bullish is absolutely keen on ensuring that our defense sector is is up to the mark and uh very important uh you know we we have understood the importance of this sector we have we have given a very clear intent that not only are we going to reduce uh the Imports but we are also going to focus on increasing the exports in the defense space as well so uh absolutely uh defense is is is on the priority list uh I don't think Trump is really going to impact the defense decision making"