#NIFTY50 Intraday Range: 17550-17800 Short Term Range: 17450-18100 #NIFTYBANK Intraday Range: 41000-41500 Short Term Range: 41000-41800 Major draggers: Metals, Pharma & Energy Stocks to watch: #ITC & #APOLLOHOSP A probable dark horse: #PATANJALI Global markets after Powell's Speech & Rate Hike to 75 Bps have been Sideways to Bearish. Gap down is highly likely which in all probability would be bought. Today is weekly expiry so volatility should be there. Decent movement post 1:30 PM expected. Let's see! Position sizing recommended: Small Should we be cautious? : Yes. Are of averaging PF? : 17300/16900. @nikhilmaheshwari

#ITC it's in overbought zone now

https://economictimes.indiatimes.com/markets/stocks/news/sensex-jumps-over-200-pts-to-reclaim-59k-mark-nifty-tests-17600/articleshow/93994322.cms #GEOJITFSL #HCLTECH #INDUSINDBK #ITC #KOTAKBANK

Earlier when someone talked about PSU Banks like #SBIN or #CANBK or #BANKBARODA or FMCG Kings #HINDUNILVR or #ITC, it showed defensive mindset. Now it's not the case. Now these names are inviting aggressive bets, and that's where whole stock market thought process has changed in last few months. Maybe due to influx or young blood or something else I don't know but I am liking this change. Bharat needs more of this change. @nikhilmaheshwari

https://economictimes.indiatimes.com/tech/technology/daburs-d2c-brands-to-cross-rs-100-crore-in-sales-this-fiscal-says-ceo-mohit-malhotra/articleshow/93935150.cms #COLPAL #EMAMILTD #HINDUNILVR #ITC #MARICO

🌟 Top DII holdings (Mcap above 10,000 Cr) Which one of these do you have in your portfolio? 1. UTI AMC 83.14% 2. Max Financials 53.28% 3. #ICICIBANK 45.33% 4. #CROMPTON 44.98% 5. #YESBANK 43.93% 6. #ITC 42.82% 7. #FEDERALBNK 42.12% 8. Citi Union bank 41.65% Disclaimer: The information mentioned above is only for educational purposes. Kindly contact your financial advisor before trading/investing 💰 Please post your views/queries in the comments below. 👇

https://economictimes.indiatimes.com/markets/expert-view/yes-bank-far-from-being-a-multibagger-betting-on-these-2-midcaps-nischal-maheshwari/articleshow/93302667.cms #ASIANPAINT #BALRAMCHIN #CGPOWER #ITC #PIDILITIND

#Voltas The home appliances company reported a net profit of Rs 109 crore for the first quarter ended June 30, 2022. Total revenue stood at Rs 2,768 crore in the June quarter, 6.8 percent less than the CNBC-TV8 poll estimate of Rs 2,971 crore. #Thermax The engineering conglomerate on Tuesday reported a net profit of Rs 59 crore for the first quarter ended June 30, 2022. Total revenue stood at Rs 1,654.5 crore in the June quarter, higher than the CNBC-TV8 poll estimate of Rs 1,358 crore Deepak Nitrite Ltd The company reported a net profit of Rs 234.6 crore, 22.5 percent down from year-ago period. Total revenue was up 34.8 percent at Rs 2,058 crore. Zomato Ltd An undisclosed stakeholder in the food delivery company shall reportedly sell a 7.8 percent stake, or 61.2 crore shares, on Thursday. A source said the seller is likely ride-hailing company Uber, which holds a 7.8 percent stake in Zomato. Axis Bank The lender has subscribed to 8,921 equity shares of Equentia SCF Technologies for Rs 55 crore. Reliance Industries CCI India approved the acquisition of 50.1 percent of the equity share capital of Sanmina-SCI India Private Limited (SCIPL) by Reliance Strategic Business Ventures Limited (RSBVL). Subex and the conglomerate’s subsidiary Jio Platforms have partnered for an artificial intelligence orchestration platform HyperSense. HDFC Asset Management Company The Securities and Exchange Board of India (SEBI) has given in-principle nod for change in control of the Mumbai-based mutual fund company. BEML The PSU received an order from the Ministry of Corporate Affairs (MCA) sanctioning the Scheme of Arrangement for Demerger between BEML (Demerged Company) and BEML Land Assets Limited. #ITC The Kolkata-headquartered cigarettes-to-hotels conglomerate announced its exit from the lifestyle retailing business following a strategic review of the business portfolio.

https://economictimes.indiatimes.com/markets/expert-view/both-tamo-and-mm-poised-to-do-well-over-next-2-3-years-nischal-maheshwari/articleshow/93292827.cms #ASHOKLEY #ESCORTS #ITC #JKPAPER #MARUTI

*ITC Q1 FY23 Highlights (QoQ)* -Operating profit rose 9% to Rs 6,077.2 crore. Analysts had pegged it at Rs 5,302.2 crore. -Cigarette revenue rose 4% to Rs 7,464.1 crore. -Revenue of the remaining fast-moving consumer goods business rose 7.5% to Rs 4,458.7 crore. -Hygiene portfolio sales remained subdued while being higher than pre-pandemic levels. -Sharp rebound in hotels with revenue rising 42.5% to Rs 580.7 crore and average room rates surpassing pre-pandemic levels. -Farm business revenue rose 71.2% to Rs 7,492.1 crore driven by wheat, rice and leaf tobacco exports. -Paperboards, paper and packaging segment revenue increased 3.8% to Rs 2,267.2 crore. -The margin stood at 30.6% against 31.5%. It comes on the back of a 13.5% jump in the cost of materials consumed during the quarter. -E-commerce sales were at nearly 4.2 times of pre-Covid-19 levels or first quarter of FY20. According to the company, while inflation remains a key monitorable, the prospects of a favourable monsoon and the recent moderation in prices of key commodities along with proactive interventions by the central government and the Reserve Bank of India augur well for sustained economic recovery and a pick-up in consumption expenditure. Discretionary and out-of-home categories such as snacks, beverages, confectionery, frozen snacks, fragrances and agarbattis recorded "strong growth", according to the company's presentation. View: Strong quarterly performance #ITC

#ITC Q1 results: Net profit rises 34% to ₹4,390 cr; beats estimates. Total revenue from operations of the FMCG major increased by 41% to ₹18,320 crore from ₹12,959 crore during the corresponding period a year ago

STRONG MONOPOLIES: #Coalindia >80% market share in coal production in India. #ITC >75% market share in cigarettes. #HondaSiel >75% in portable power generators. #HindustanZinc >75% market share in primary zinc industry. #AsahiIndiaGlass >70% market share in automotive glass. 2/n

🧚‍♀ITC trades above ₹300 for the first time in 3 years 🚀 Next Target 320/350, Stoploss 270 #ITC

Few of High Dividend Yield Stocks: #NMDC : 13.57% #RECLTD : 13.18% Power Finance Corporation : 13.02% Ircon International Ltd : 9.69% PCBL : 9.62% #COALINDIA : 9.61% Sanofi India Ltd: 7.68 #POWERGRID : 7.36% Rites Ltd: 7.32% Hindustan Zinc: 7.26% Petronet Ltd: 6.86% GAIL: 6.74% Rail Vikas Nigam Ltd: 6.68% CESC Ltd: 6.24% Oracle Financial Services: 6.23% Housing and Urban Development corporation: 6.21% #ITC : 5.91% Glaxosmithkline Pharma: 5.88% MOIL Ltd: 5.51% Source: IDBI Capital

⭐ #ITC turns heads! 😏 FMCG major ITC is usually the butt of all stock-market memes on Twitter, about how it never goes up. But in a sort of role reversal, ITC has touched its highest level since May 2019 and has become the best-performer among the Sensex and Nifty50 stocks in the last six months. ITC is rising on the back of a stable tax environment for cigarettes and expectations of a strong earnings growth.

Ready to Fly for 310 #ITC

https://economictimes.indiatimes.com/markets/expert-view/sanjeev-prasad-on-why-it-is-still-not-time-to-turn-buyer-in-the-broader-market/articleshow/92486990.cms #ASIANPAINT #BAJAJAUTO #HEROMOTOCO #INFY #ITC

https://twitter.com/Deepika_is_here/status/1541016902692024321?t=NOK3z23EG4hnRlaN3zWv8w&s=09 #ITC

💡 Sri Lanka’s economic crisis effect on Indian businesses 💡 • Sri Lanka’s share in India’s total exports has declined from 2.16% in FY15 to just 1.3% in the first 10 months of FY22 • ITC has said that its first foreign venture in the hotel space has been hit. Earlier, the USD 300 Mn project in Colombo saw construction being impacted • Automotive firms like Tata Motors, Mahindra & Mahindra, Ashok Leyland, and TVS Motors had stopped exports of vehicle kits to Sri Lanka and halted production at their Sri Lankan assembly units due to its precarious forex reserves and fuel shortages • Sri Lanka could affect Indian Oil, Airtel, Taj Hotels, Dabur, Ashok Leyland, Tata Communications, Asian Paints, and State Bank of India. • Fuel shortage in Lanka is crippling its apparel sector too. The apparel export industry accounts for about 44% of the country’s total exports. Many apparel orders from the UK, EU, and Latin American countries are now being diverted from Sri Lanka to India • Sri Lanka has been a strategically important partner for India. Even as some of our businesses are hit, and some try to fill the void created by the Sri Lankan crisis, India’s assistance in this time of need will only lead to better ties with the island nation that has long been leaning towards the Chinese camp #MacroEconomy #ITC #NIFTYAUTO

💡 ITC 💡 ITC is the largest cigarette manufacturer and seller in the country. ITC operates in five business segments at present — FMCG Cigarettes, FMCG Others, Hotels, Paperboards, Paper and Packaging, and Agri-Business. FINANCIALS 📊 • Stock is trading at a P/E of 21.4 while the industry P/E is at 18.4, the Debt-to-equity ratio is at 0.00, and ROCE at 33.7% • Revenue was up 16% YoY, driven by strong growth across segments and 9% cigarette volume growth in Q4FY22 • EBITDA was at INR 5224 Cr, up 16.8% YoY, with margins at 31.8% • PAT was up 11.8% YoY to INR 4191 Cr HIGHLIGHTS 📣 • Stable taxation on cigarettes is expected to drive volumes, going forward • The company has been gaining market share in cigarettes from the last 1 year through new premium products and aggrieve trade promotions • FMCG business growing at a sustained pace with continuous improvement in margins in last 5 years • Opportunity size of existing foods portfolio is large. Given that Agri commodities constitute a larger part of raw material, input cost pressures are relatively less for the company • The company is utilizing export opportunities in wheat, rice & tobacco in the last year. The recent spurt in global Agri prices is likely to aid growth TECHNICAL ANALYSIS 📈 • Stock has been moving upside for the last 4 months • In the MACD indicator, the 12-day MACD curve (Yellow curve) cuts the 26-day MACD curve (Blue curve) and below the 26-day MACD curve, it gives the first indication to short the stock • The 5-day moving average curve (Yellow curve) cuts the 20-day moving average curve (Blue curve) and moves below the 20-day moving average curve, it gives the confirmation to short the stock. Check whether the volumes are higher than the 20-day average while entering the trade I would like to hear your views. Please share it in the comments section Note: This is not a BUY/SELL recommendation. This is just an analysis for educational purpose #InvestmentIdeas #InvestingUniversity #ITC

A discussion on #ITC fundamentals ITC shares have increased by almost 24 percent in CY2022, substantially outperforming the sectoral index Nifty FMCG, which has gained only 1 percent. This comes at a time when many consumer companies' shares have been battered by a slowdown in rural demand and a sharp surge in costs following the start of the Russia-Ukraine war. From fiscal year 2017 to fiscal year 2021, ITC's shares declined 10%, while the Nifty FMCG index increased 81%. So what is the matter and what is the path ahead? o With rising interest rates, firms with extremely high multiples but no free cash flow have been punished. This is most noticeable in the technology sector. o Investors have recognised the importance of being protective. As a result, they are increasingly valuing beaten-down companies that generate a lot of cash flow. In this case, ITC offers good value as well as an appealing dividend yield. o ITC’s new products like as Classic Connect, Gold Flake Indie Mint, and others are gaining ground against illegal trading. o Analysts estimate the company’s cigarette volumes grew around 9% in Q4 of 2021-22. o Diversification away from cigarettes is critical for ITC as it strives to improve its ESG credentials. It has since grown into 'FMCG others' (branded packaged food, personal care items, and so on), hotels, agri-business, and paper products and packaging. o As per analysts, the stock can be triggered by two major events. One is the (possible) sale of an ITC share by a Specified Undertaking of the Unit Trust of India (Suuti). Second, there is the (possible) demerger of the 'FMCG others' industry. However, these are only temporary triggers. #InvestmentIdeas

#ITC 56000 tons of wheats waiting at Israeli port without any buyer country after being rejected by turkey & Egypt — how the profits will come from this ? https://www.livemint.com/news/india/indias-wheat-berths-at-israeli-port-awaiting-final-destination-11654537215739.html

GOOD TRY BY BULLS TO BRING #NIFTY50 ABOVE 17500 IN PRE OPEN, STILL OPENING 55 POINTS GAP DOWN. SHALL REMAIN UNDER PRESSURE FOR THE OPENING SESSION. STOCKS TO TRADE: #HDFCBANK #ITC #AXISBANK #SBIN #MARUTI

#MarketsHumor 👿 Do you have an ANGER ISSUE ? 🤷‍♂️ Do you lack PATIENCE ? 😡 Are you SHORT-TEMPERED? 📊 Invest in ITC It will teach you equanimity, No Need Of Yoga Or Meditation 🧘‍♀️ #ITC Range from BC SAT YUGA :- 200-250 DWAPAR YUGA :- 200-250 TRETA YUGA :- 200-250 FINALLY IN KALYUGA :- 250 TI 275

General answer to common queries I received: 1. Yes, Metals and IT can crack more. Especially IT. Majority of IT stocks have made a DC in higher time frames. 2. NIFTY50 as long as below 16400, is bearish. 16000/15800 are holding. 3. SIP should be continued. Don't stop. Yes be cash ready but don't stop your SIPs. 4. Don't hunt for 15000/14000/13000. We don't where is Top or where is bottom. Market came down but stocks like #ITC & #NTPC rose. So be stock specific. 5. Trade less, trade best. In these tough times, only those will survive you pay least brokerage. I hope it helps. @NIKHILMAHESHWARI #NIFTY50 #InvestingUniversity #TradingUniversity