GMR Infra - A monthly close above 38 will confirm the breakout above 2012 highs. The primary aim would be to ride the trend till it reverses. Will wait for the closing today. ✅

@subodhtaigor Yes, I use Price Strength ranking provided on https://t.co/pKpa3N7MQC and keep the stocks with ranking >80 on priority.

I do use Mark Minervini template for screening but it's a little basic, so I added Volatility & Volume filters to it to shorten the watchlist.

IRCTC

Double Top Buy above 3899.97 daily close on 1% Box size chart.

@AnandableAnand Came in my this scan :
15m Adx rising with Di+ > DI-
+ 15m RSI rising
+ 15m RSI above 15m average RSI.
Same for Godrej Prop.

China energy crisis

I feel like chemical companies will benefit a lot

One stock which is cheap as well as right on support levels is #jubilantingrevia

Chemical - Acetic acid , Ethyl acetate, Acetic anhydride

Buying area - 710-730
Panic Buying area 650-700

#investing

#HDFCBANK - HDFC BANK - TradingView -

Good Looking Charts:-

#IEX~ F resh near term consolidation BO at top with rise in volms.

#Laopala~ Great looking chart structure. Megaphone formation. Huge jump in volms

#Sunpharma- 9 wk consolidation BO on top. Good looking chart. Huge spurt in volumes.

#GMRInfra Monthly Chart

On the verge of (Multi Year BREAOUT)

Wait for monthly close above 39, (tomorrow is monthly close day).

#Equity4Life

Another feedback for magical Swati Rainwater. 🙏

Please save these timings and instructions in your phone and share with your family and friends (because you cannot collect on their behalf). Hope these images will answer most of your queries.

May Ma Lakshmi bless you. Pls RT.

Niti Ayog is one of the best places to look at, if you want to learn more about the upcoming reforms, outlook on India for next decade and some of the most pressing economical issues of our generation.

Here is a recent one on EV charging infra.

https://t.co/BGoCTVnlRS

#SWING VIEW
#IEX Spot (CMP - 617) Buy till @600 for Target - 801/1001 with STOP LOSS - 564 (DCB).

@Jakerachoudhury

#investing #trading #SwingTrading

#LaurusLabs

Am i concerned if Laurus Labs Breaks this rectangle?

Yes!

I would be looking closely if it breaks the 30 Weekly EMA

Because if that is broken , it can head towards 450/400

In a recent interview with Udayan Mukherjee, the big bull Rakesh Jhunjhunwala made an interesting bold statement - "I think nobody has read the Electricity (Amendment) Bill. Once it passes, it will be bigger than 1991 reforms."

A thread🧵dissecting the ongoing Power reforms 👇

2/17
In summary, the Amendment Bill 2021 says:
⚡️ Delicensing of state monopoly- open to competition
⚡️ Consumers can choose discoms (like telcos)
⚡️ Smart meters to plug leakages
⚡️ Easy resolution of disputes
⚡️ Right to 24x7 electricity
⚡️ Rewarding consumers shifting to solar

3/17
We'll discuss these in detail. But first, some context.

India's is the 3rd largest consumer of electricity. But also one of the most inefficient (measured via AT&C losses - electricity that is generated but does not reach intended customers)
AT&C: 22% vs 8% global. Chart 👇

4/17
Currently, only 9% Indians are served by private discoms (Mumbai, Ahmedabad, Delhi).

AT&C loss for Delhi has declined from 55% in 2002 to 9% in 2020 after power distribution was taken over by three private licensees. Makes a strong case for broader delicensing of discoms.

5/17
What are discoms?

The Power value chain:
Raw material (Coal, Fuel) --> Generation --> Transmission --> Distribution --> Consumption

In this chain, Distribution companies (or discoms) have been the weakest link for last 3 decades.