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Smit Shah's Posts
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Reputation: 1,110  •  Jun 1 3:57 AM
Post by Smit Shah in IDX:NIFTY 50 community on FrontPage
#NIFTY50 #NIFTYBANK https://front.page/nifty-50/9491256As I mentioned in this post a few days back market will start recovering and could mo
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As mentioned in https://front.page/nifty-50/9549640 post few days ago markets faced good resistance at 16700 levels. Since past 2 days we saw good consolidation. The eurozone inflation came in at 8.1 vs expected 7.8. Stagflation fears are grappling markets. Although mar......read more
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Reputation: 1,110  •  May 28 5:42 AM
Post by Smit Shah in IDX:NIFTY 50 community on FrontPage
#NIFTY50 #NIFTYBANK The markets have been trading with extreme volatility. The Vix is close to 25.We are awaiting a bigger fall ahead of us
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As I mentioned in this post a few days back market will start recovering and could move higher to 16700-16800 range.
However, I would like to remind again that one should avoid creating new long position for long term. As t......read more
All About Indices - chart - 9549640
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Reputation: 1,110  •  May 25 3:04 AM

The markets have been trading with extreme volatility. The Vix is close to 25.
We are awaiting a bigger fall ahead of us. The markets are trying to recover but every upside move is being sold into. However, because the markets are extremely oversold, I am ex......read more
All About Indices - chart - 9491256
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Reputation: 1,110  •  May 23 4:22 AM

#NIFTYBANK is clearly on lower side of the range.Today it tried to breach important resistance of 34800 but was sold into. It is likely that tomorrow we will get a gapup due to low PCR ratio and global cues. Technically there is an macd crossover which is a bullish signal. Althou......read more
All About Indices - chart - 9439267
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May 23 4:11 AM
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Reputation: 1,110  •  May 21 8:09 AM

* Cosmo films is one of biggest producer of packaging and industrial films amongst the listed companies.
* Currently trading at 1698 is one of investment worthy stock with a PE of 7.5 which is very low compared to its peers who command a PE of on average 12.
* Recen......read more
Chartbusters - chart - 9411311
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Reputation: 1,110  •  May 19 2:33 AM
Post by Smit in IDX:NIFTY 50 community on FrontPage
#NIFTY50 last session nifty ended at a very important support. Looking at global sentiment nifty might go a bit higher. I am not confident n
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#NIFTY50 As mentioned earlier in this post
https://front.page/nifty-50/9270687 I did not have much confidence on upside and the small upside rally fizzled out. Today we saw a massive fall. With FII continuously selling and weak global cues it's very unlikely that we will see an......read more
All About Indices - chart - 9383764
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Reputation: 1,110  •  May 18 2:26 AM

#NIFTY50 was trading with extreme volatility in today's trade. End of the day it ended lower only. Currently Dow Jones is trading very low at negative 2%. For nifty 15800 should be a strong support. Expecting markets to consolidate with negative bias. Macd of nifty Iooks oversold......read more
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May 17 1:15 AM
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Reputation: 1,110  •  May 17 1:02 AM

Hey guys if anyone's willing to open an upstox account please let me know as I want to test my referral code.
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Reputation: 1,110  •  May 17 12:25 PM

#CAMS is trading in a range. Has fallen 50% from its high of 4050 levels. It is trading at 37 PE. Planning to buy on dips around 2050 levels. It is a long term bet and can go to 3500 levels within 1 year. Once it breaks above 2300 will go higher. Also planning some short term tra......read more
Chartbusters - chart - 9325865
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Reputation: 1,110  •  May 17 10:43 AM

#NIFTY50 and #NIFTYBANK today we saw a massive short covering rally. Also both nifty and banknifty were pretty oversold. Seems like nifty might still go upto 16700-16800 levels as mentioned in previous post. However, this does not seem sustainable for long term unless we start ma......read more
All About Indices - chart - 9325212
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Reputation: 1,110  •  May 17 6:02 AM

#NIFTY50 seems a pullback rally only. Please beware. Recession fears just worsened.
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Smit Shah replied to own post
smits   

@piyush-Sy_6ggnJ9 Yup true. But here the thing is that usually most of the capital intensive companies take up a lot of debt to expand their business. With increasing interest rates these companies take lesser loan which hinders expansion an thereby the growth prospects reduce so...
May 16 4:48 AM
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Reputation: 1,110  •  May 16 8:58 AM

#NIFTYBANK Do carry a 33000 PE if you are long on banknifty
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Reputation: 1,110  •  May 15 9:27 AM

#IEX have given a breakdown.
Planning to short 1 lot of future at bounce back to levels of 190 for target of 160 in 6-8 days
Chartbusters - chart - 9270740
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Reputation: 1,110  •  May 15 7:22 AM

US MARKETS last week
Nasdaq surges 3.8% on Friday. Although Nasdaq is officially in a bear market.
The Dow Jones Industrial Average rose 480 points, or 1.5%, while the S&P 500 gained 2.3%
Most investors and pundits are calling it a bear market rally.
Developments in cryptocurren......read more
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Reputation: 1,110  •  May 15 6:30 AM

#NIFTY50 last session nifty ended at a very important support. Looking at global sentiment nifty might go a bit higher. I am not confident nifty will go much higher. I think it will go maximum 1000 points higher and again fall owing to inflation fears and uncertainty pertaining t......read more
All About Indices - 9270687
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Reputation: 1,110  •  May 15 8:23 AM

#ANGELONE is one of leading discount broker with over 10% of market share. Currently it is trading at an attractive valuation of about 20 PE almost half the recent high and is near its 200 EMA which is a strong support. Planning to buy angel one at 1100 levels. I believe angel on......read more
Chartbusters - chart - 9270612
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Reputation: 1,110  •  May 14 1:28 AM

#SIGACHI looks very strong fundamentally at current levels. It has shown very strong bottomline growth in past 4 years and is currently trading at PE of 20 only. I am willing to buy such quality stock on any dip towards 250. It has a market cap of 820 Cr only. However, it is show......read more
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