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Reliance Power

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4266 Messages

UPDATES - RPower and ADAG are back in limelight as posted 4 months ago. Their misery would end soon. Stock to climb 30s in this leg of journey but expect some correction but still some steam left. --- B* is taking necessary rest but it would be short lived as new buyers would emerge who missed the train. BHSL has crossed Laxman Rekha this time more convincingly and will never look back.. Much higher levels on cards. Suzlon has make or break moment coming closer. Adani Power is consolidating for next target.. 200. SAIL delivered EPS on expected lines. Dividend came as expected. 200 is next stop. FCL is recharging for next move. SUBEX will resume move in 2 months. ALOK is signaling to blindsided bears that volcano is about to erupt. Big news awaited in all MA counters. SPTL and BILT will continue to baffle the bears and Panning out as expected. Stay PUT. Other counters like JP Asso., Mercator, Zee media, Jain irrigation and others are showing a buzz. ---- Now market will take a breather at 16000. If some conditions are met, Nifty can touch 20000 by Budget and that would set the conditions for a crash. Condition are major reforms announcement, Uniform Civil Code and Population Control bill, CAA which would be positive on Fiscal policy and. CAD. UCC will improve national competition and efficiency by plugging the spending leakages on illegal immigrants and it will be positive on GDP growth. Good monsoon will be working as steroids. NPA will start cooling down as soon as Covid pressure ease. So, banknifty will fire. Overall scenario positive. Good Luck!!

9.38 PM Jun 11th
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