Wabag Tgt 288 After 300 breakout Tgt 450
Repco next 1 week Tgt 440, next 1 month Tgt 550
Kalpataru power next 1 week Tgt 425
NIACL week Tgt 150 achieved today - 2.20 pm
Wabag Tgt 288 After 300 breakout Tgt 450
Repco next 1 week Tgt 440, next 1 month Tgt 550
Kalpataru power next 1 week Tgt 425
NIACL week Tgt 150 achieved today - 2.20 pm
Tata Chem may breakout above 587 and rally uotp620. May dip to 555. Key support level 540
PTC Tgt 120
Voltas Tgt 1100
Tatamotors new Tgt 389. Fundamentally not strong. May fall any time. Be cautious
Orientcem Tgt 110
Greaves cotton Tgt 125
KVB Tgt 72
Multibagger: Neogen chemicals, Lupin, Kajariacer
News:
Granules got approval for pottasium chloride ER capsules USP
Greaves cotton's arm to setup manufacturing plant in TN
KEC international secures new order of Rs.1680 Cr
Last chance before start to blast.
Buy at every dip for long term :
Sequent, Goldiam, Apar Industries, Tataconsumer, Syngene
Mothersonsumi Tgt1 225 achieved
Goldiam Tgt 350 achieved
Hindalco Tgt 300 acheived
ACC Tgt 1825 achieved
Tata consu nearing Tgt 650. Book partial profit around 630
Apar Indust Tgt: 650
Goldiam : Tgt 350
Container corp acheived Tgt1 548 today posted on 10.2.2021
Laurus lab acheived Tgt1 340 today posted on 10.2.2021
Laurus lab : May tocuh 340 today correction follows for one week
Titan : could touch 1600 BTST UPtrend extends for another 10 days
Eicher motors : may reach further 75 points today atleast
Gujarat Gas : uptrend continues Tgt1 520
Hindalco : Intraday Tgt1 300
ACC : moves in sidewasy today BTST 1825
Container Corp : two weeks Tgt1 650 Intraday 548
Tata consumer : A goldan mine, after 20 point corrction immediate Tgt 650
Having propelled the benchmark gauge almost 10% this week in a budget-driven rally, stock bulls in India are now counting on earnings to be the catalyst for the next leg up.
The 34 NSE Nifty 50 Index members that have declared December-quarter results have posted a 34% jump in earnings from a year earlier, according to a note from local brokerage Kotak Securities Ltd. on Friday. With India’s daily new Covid-19 infections slowing and the vaccination drive gaining pace, analysts are betting on a stronger rebound in the economy and corporate profits in the months ahead.
“Everything is in place - macro, policy, global backdrop,” said Gautam Duggad, head of research at Motilal Oswal Financial Services Ltd. “The market now just needs one thing to keep rallying -- earnings.”
Rising optimism over earnings comes after the government unveiled a $500 billion spending plan in its budget on Feb. 1. That saw the benchmark Nifty 50 Index surge the most since April this week. The Reserve Bank of India raised its forecasts for economic growth on Friday, while assuring markets of ample liquidity to manage the government’s massive borrowing.
Pharma stocks have been among the top gainers, along with technology stocks, in the wake of the COVID-19 pandemic.
The sector was in focus in Union Budget 2021, with Finance Minister announcing an outlay of Rs 2,23,846 crore for health and well being.This was an increase of 137 percent compared to 2020 when the allocation stood at Rs 94,452 crore. The rise was primarily led by Rs 35,000 crore for COVID-19 vaccines. The finance minister also announced a new scheme called the PM Atmanirbhar Swasth Bharat Yojana for boosting primary, secondary, and tertiary healthcare, with a budgetary outlay of Rs 64,180 crore spread over six years. This funding would be used to develop capacities of the healthcare system, institutions for detection and cure of new and emerging diseases.