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Electoral bonds(one more update tomorrow), over weighed Small cap- i was expecting this correction in feb'24 it happened now already massive shift happening in Mutual funds, removal of money from bourses by FPIs and FIIs .. and today i have seen my portifolio becoming bit green.. uptill end May'24 there will be some dilly dallying but from June 2024 betterment will be there.. but we need to observe la-nino and el nino updates regularly i am expecting rainfall to be better this year..
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Combined volume traded is 44lacs+ today which is the highest- after a period of 2-2.5yrs Natco Pharma is going back to its glorious days.. if you observe in the clipped chart it is creating a longest possible candle.. it looks like in month of march stock will receive strong support at 975 and high resistance at 1175, only left bean is what FDA action plan would be and when they will announce their document. even in such scenario stock will see a possible low for some time at 975 and immediately will pull back to 1050, in may by the q4con-call day stock will sit at 1175levels - to range bound of 1215 - these are only projected decent numbers but in August stock will be at 1650 level or worst case of 1575 if market is going to stage a good show at that point- Stocks
- Stocks