Sign InMoney Times Talk
Get the latest Indian stock / share market highlights, BSE/NSE stock news, business research reports & details - updated daily by Money Times.
July 15, 2024
- As per astrology view some important turning dates are 15, 18, 22, 23 & 25 July 2024.
- As per a technical expert, buying stocks in momentum can lead to high-entry traps. Use 2% lower stop-loss and remember that liquidity is the key.
- As per a market veteran, Nifty target of 1,32,400 by 2047 (CAGR 19%) is overly optimistic. Realistic returns will align with corporate performances as India remains a buy-on-dips market. Use 10-15% correction to add to your portfolio. Play safe.
- As per a market veteran, the Budget will balance social spending with unplanned revenue. While no major long-term capital gains changes are likely, a cut in personal IT aiming for 9% GDP growth is likely. Export targets are $835 bn. and a $12 tn. economy with the same market capitalization in 5 years.
- High volatility and volumes are likely over the next 16 days due to the Budget and quarterly results. Trade/invest with strict stop-loss and avoid overtrading/leveraged positions.
- Textiles contribute 14% to GDP and can drive exports to $835 bn. by 2030. With PLI continuing, falling cotton prices and likely inclusion of garments under PLI along with FTAs with the UK and Europe, textile exports are set to surge. Keep radar on Kitex Garments.
- On 21st Oct MTTs, Techno Ele. recommended at Rs. 514 touched Rs.1599 during the week- a gain of 211.
- On 4th Nov MTTs, Cosmic CRF recommended at Rs.263 touched Rs.2069 - superb gain of 687%.
- On 17th Feb MTTs, Lehar Footwears recommended at Rs.132 touched Rs.238 - a gain of 80%, new 52 weeks high during the week.
- On 16th Mar MTTs, Ritco logistics recommended at Rs.223 touched Rs.341 new 52 weeks high., Ecoplast recommended at Rs.321 touched Rs.539 - a gain of 68%.
- On 13th April MTTs, Ratnaveer Precision recommended at Rs.125 touched Rs.176, Hariyana Ship recommended at Rs.115 touched Rs.175 - a gain of 52%.
- On 4th May MTTs, Wimplast recommended at Rs.534 touched Rs.699 during the week.
- On 25th May MTTs, Universal Starch recommended at Rs.167 touched Rs.240 - a gain of 44%.
- On 1st June MTTs, SKY Inds., recommended at Rs.89.53 touched Rs.136 - a big gain of 52%, Anantraj recommended at Rs.385 touched Rs.552 - a gain of 43%, Gujarat Intrux recommended at Rs.321 touched Rs.465 - a gain of 45%.
- On 8th June MTTs, Anantraj recommended at Rs.391 touched Rs.552 - a gain of 41%, Bal Pharma recommended at Rs.114.55 touched Rs.127, Exicom recommended at Rs.304 touched Rs.530 - a superb gain of 74%, NCC recommended at Rs.324 touched Rs.349, RVNL recommended at Rs.374 touched Rs.645 - a gain of 72%, Vasundhara Rasayans recommended at Rs.223 touched Rs.313 - a gain of 40%, Va Tech Wabag recommended at Rs.1082 touched Rs.1379 - a gain of 27%.
- On 15th June MTTs, Anantraj recommended at Rs.424 touched Rs.552 - a new 52 weeks high, RCF recommended at Rs.168 touched Rs.244 - a mind blowing gain of 45%.
- On 22nd June MTTs, Kopran recommended at Rs.253 touched Rs.277, Midhani recommended at Rs.461 touched Rs.541 - a gain of 17%.
- On 29TH June MTTs, BL Kashyap & Sons recommended at Rs.90 touched Rs.105, Tribhovandas Bhimji Zaveri recommended at Rs.121 touched Rs.154 - a gain of 27%, VLS Finance recommended at Rs.293 touched Rs.338 during the week.
- Last week MTTs on 6th July, Alembic recommended at Rs.120 touched Rs.149 - a superb gain of 24%, Bharat Seats recommended at Rs157.55 touched Rs.186, IREDA recommended at Rs.228.50 touched Rs.304 - a gain of 33%, Pee Cee Cosma recommended at Rs.446 touched Rs.499, PFC recommended at Rs.534 touched Rs.580, Ramky Infra recommended at Rs.618 touched Rs.684, REC recommended at Rs.580 touched Rs.654, Sree Rayalaseema Hi-Strength Hypo recommended at Rs.571 touched Rs.640,Vibrant Global recommended at Rs.94.62 touched Rs.114 - a gain of 21% during the week.
