Discover and read the best of Twitter Threads about #ONGC

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#GujaratGovt’s directives on dividends & buybacks is a big bad negative for the state’s 7 PSU stocks! 📛📛

Here’s why I booked profits in 2 of those, with no plans to reinvest 👇 Image
Here's how the share prices surged in the last week 🚀🚀

📈 Gujarat Narmada Valley Fertilizers and Chemicals Limited (11%)
📈 Gujarat Industries Power Company Ltd - India (23%)
📈 Gujarat State Fertilizers and Chemicals Ltd (29%)
📈 Gujarat Alkalies and Chemicals Limited (9%)
📈 Gujarat Mineral Development Corp (18%)
📈 Gujarat State Petronet Limited (8%)
📈 Gujarat Gas Limited (3%)
Read 14 tweets
The Fortune Global 500 is the list of the top 500 corporations in the world based on their revenue. In the 2022 edition of the list published by Fortune magazine, nine companies from India have found their place. LIC led the pack at the 98th position.
newsbytesapp.com/news/business/…
Being included in Fortune Global 500 list is a prestigious accomplishment for corporations. Indian companies have fared markedly better this time with LIC breaking into the top 100 & Reliance Industries, the country's biggest company by market capitalization, jumping 51 places.
The 2022 #fortuneglobal500 list saw a surprise with LIC making its first appearance. The Indian insurance giant, which launched its IPO earlier this year, posted revenue of $97.26 billion with a profit of $553.8 million. It surpassed Reliance which is placed 104th on the list.
Read 8 tweets
Yesterday, most of the Oil Explorer and Producing Companies Like #Reliance, #Ongc, #MRPL were down by 10%.

There were multiple reasons for this. So let's discuss each reason one by one.

Before going ahead, Like and Retweet this tweet for wider reach.
First Reason:

#Government imposed taxes on the export of petrol, diesel, and jet fuel shipped overseas by Indian firms.
A tax of ₹6/L on exports of petrol and aviation turbine fuel and ₹13/L on exports of diesel will be levied.
The step is aimed at meeting the demand of the domestic market.

The taxes on exports come after oil refiners, particularly from the private sector, attracted huge gains from exporting fuel to markets such as Europe and the US amid a surge in international oil prices.
Read 8 tweets
#RelianceIndustries down 8%, ONGC down 12%

Here’s why 👇
Reliance and ONGC have faced a bloodbath since morning with their share prices taking a huge fall 📉

And it’s all because of one of their main products: Oil 🛢️
#Reliance saw a fall in their share price because the government imposed an export duty of ₹6 per litre on petrol & aviation fuel and ₹13 per litre on diesel 💸

This is so that the government can benefit from the rising exports 💰
Read 6 tweets
Best Buying Levels for all #Nifty50 #Stocks as per Demand Zone:

1️⃣ #ADANIPORTS: ₹562
2️⃣ #ASIANPAINT: ₹2,552
3️⃣ #AXISBANK: ₹620
4️⃣ #BAJAJFINSV: ₹10,445
5️⃣ #BAJAJAUTO: ₹3,280

Save it for later ✅
Tags:
#StockMarket #NSE #Nifty #Trading #Investing #sharemarket

Thread🧵(1/11)
Best Buying Levels for all #Nifty50 #Stocks as per Demand Zone:

6️⃣ #BAJFINANCE: ₹4,668
7️⃣ #BHARTIARTL: ₹552
8️⃣ #BPCL: ₹255
9️⃣ #BRITANNIA: ₹2,534
🔟 #CIPLA: ₹850

Save it for later ✅
Tags:
#StockMarket #NSE #Nifty #Trading #Investing #sharemarket #Trader #OI

Thread🧵(2/11)
Best Buying Levels for all #Nifty50 #Stocks as per Demand Zone:

1️⃣ #COALINDIA: ₹163
2️⃣ #DIVISLAB: ₹3,154
3️⃣ #DRREDDY: ₹3,365
4️⃣ #EICHERMOT: ₹2,431
5️⃣ #GRASIM: ₹1,221

Save it for later ✅
Tags:
#StockMarket #NSE #Nifty #Trading #Investing #sharemarket #BSE

Thread 🧵(3/11)
Read 11 tweets
Must Read #Thread 👇🏻

Few strategic destructions done by #ModiGovt to help two of his Corporate friends

#BSNL was not allowed to bid in for 4G so that Modi ji’s #JIO enjoys a free run

(1/8) Image
#AAI bids for the new airports were rejected with no reason so that Modi’s #Adani takes away all new airports

Note: Adani has no prior #aviation experience

(2/8)
#SBI was pushed to give $ 1 Bullion debt to Modi’s #Adani to purchase #CoalMines in Australia.

Takes money from Indians & makes money by selling it back with huge profits! Wah Modi Wah

(3/8)
Read 9 tweets
CGD companies are facing huge problems which are affecting their profitability

~ Higher domestic gas prices from producers ( $2.9 to $6.1)

~ Not getting fully from domestic supplier, have to import which are 6X costly

#GAIL #ONGC #GUJRATAGAS #ADANITOTAL #ADANIGAS #ATGL #RIL
~ Govt has not allocated supplies from domestic supplier to CGD since April-21

Companies which will affect Adani Total Gas, Mahanagar Gas, Indraprasth Gas, Gujarat Gas

google.com/amp/s/energy.e…
While producer like RIL & ONGC will benefit from recent gas price increase

Natural Gas price increased from $2.9 mBtu to $6.10 mBtu

This will increase earings of ONGC by ₹23000cr & of RIL by ₹15000cr

m.economictimes.com/industry/energ…
Read 20 tweets
US markets have given a break-down from Head & Shoulders pattern

Most of the Indian sectors too look vulnerable

THREAD: Technical Analysis for US market & 10 Indian sectors🧵

Collaborated with @AdityaTodmal
Starting with the mother market

1. #DJIA : BD of H&S pattern
2. #NIFTY

• Weekly: M pattern under formation, no BD yet

• Daily : Descending triangle BD
Read 22 tweets
पीएम मोदी ने बस्ती में कहा:
" हमारे पास तेल रिफाइनरियां नहीं हैं, हम कच्चे तेल का आयात करते हैं... उन्होंने (विपक्ष) इस पर कभी ध्यान नहीं दिया।"
असलियत:
● भारत के पास दुनिया के कुल तेल भंडार का केवल 0.3% है।
लेकिन इसकी रिफाइनिंग क्षमता दुनिया की कुल रिफाइनिंग क्षमता का 5.1% है।
● भारत रिफाइनिंग में विश्व में शीर्ष 4 में अग्रणी! और हमारे पीएम कहते हैं कि भारत में तेल रिफाइनरियां नहीं हैं, दूसरों ने ध्यान नहीं दिया!
● तथ्य यह है कि मोदी के शासन के दौरान, भारत का घरेलू कच्चे तेल का उत्पादन 53 लाख मीट्रिक टन गिर गया, यानी लगभग 33%।
यूपीए के दौरान भारत का घरेलू कच्चे तेल का योगदान 23.5% था। अभी यह सिर्फ 15.8% है।
हां, यही हकीकत है। यही तथ्य है।
भारत के कच्चे तेल के उत्पादन में यह गिरावट अकारण नहीं है। यह विकास का नया डिजाइन है।
Read 9 tweets
Dividend yield of some #stocks is inversely proportional to price (in case the #Dividend value remains constant). At times the #yield becomes so high that at some levels prices don't fall further.
RT for max reach. Will reveal 5/6 good names tonight.
#StocksToBuy
#HighDividend Image
What is Dividend Yield of a Stock. Please Understand.
#Dividend #dividends #dividendyield #highdividendstocks Image
#Dividend #dividends #dividendyield #highdividendstocks #powergrid
High Dividend Yield Stocks 1: Power Grid CMP 191.1.

PE Ratio: 8.2 (Price Affordable)
Market Cap in Crore Rs: 133300.9
Dividend Yield at CMP: 9.7%👍👍👍
Read 9 tweets
𝐓𝐞𝐜𝐡𝐧𝐢𝐜𝐚𝐥 𝐚𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐟𝐨𝐫 𝐚𝐥𝐥 𝐒𝐞𝐜𝐭𝐨𝐫𝐬 🧵

Detailed 🧵 on each sector covering index heavy weight stocks 📊
#NIFTYAUTO #CNXAUTO

Cup & Handle formation in weekly charts, awaiting a BO

The leaders of this sector are also on the verge of BO
Read 24 tweets
A small multi time frame system to identify stronger stocks based on RSI/SuperTrend/EMA
@Definedge
Conditions:
a) RSI > 55 < 70 in daily
b) RSI > 60 in weekly/monthly
c) Candle close above SuperTrend(10,3)
d) Candle close above 200EMA in daily and 34EMA in weekly/monthly
+
I have published these scanners in TradePoint Web of @Definedge. These scanners can also be developed in TradePoint Desktop.
1) Run these scanners on Multi Time Frame Scanners
+
Save the qualified candidates (score above 2) to a group for doing further analysis.
+3
Read 6 tweets
𝐓𝐞𝐜𝐡𝐧𝐢𝐜𝐚𝐥 𝐚𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐟𝐨𝐫 𝐚𝐥𝐥 𝐒𝐞𝐜𝐭𝐨𝐫𝐬

Detailed 🧵on each sector covering index heavy weight stocks📊
#CNXIT #NIFTYIT

Profit booking has set in this sector and is undergoing a meaningful correction after lending a strong support to Nifty for many weeks & months.

Had shared a cautionary tweet regarding the same on Jan 2, 2022
Charts of few heavy weight stocks within the IT sector:

#INFY
Read 24 tweets
MEGA BREAKOUTS THAT WE TRADED 👇🪡 🤟

Our members are the witness of all the stocks shared. Many will say how do we catch these breakouts ?

Conviction. Basic chart reading. Skillful buying.

Join here - thechartians.com/intraday-swing…

#chartians #momentum #mentorship #trading
#Indowind (109%) #bcg (103%+)
#tatayodoga (82%+) #mahseamles (153%+)
#Tci (93%+) #tamo (82%+)
#olectra (184%+) #bse (73%+)
Read 9 tweets
1 new chart everyday, it could be from any space ~ equities / commodities / crypto / forex / bonds , etc

Will try to do it daily 🙏💪

Here's the first one 👇

SBI vs BankNifty

Ratio chart has given monthly breakout implying SBI could outperform BN in coming months.

#PB365 Image
(2) #DLF monthly chart

#PB365 Image
(3) #VodafoneIdea weekly chart

#PB365 Image
Read 160 tweets
In connection with the abduction of 3 ONGC employees from Lakwa on 21.04.2021, three persons have been arrested so far who are found to be directly involved in the case in addition to some others linked with the banned organisation.
(1/5)
1. Biraj Chetia, S/o Brojen Chetia of Banipur, Dibrugarh, purchased the motorcycle used in the crime for ULFA(I)
2. Rahul Mohan, S/o Lt. Boloram Mohan of Moudumoni, Sepon for rendering logistical support for ferrying the motorcycle to the PO and providing other assistance.
(2/5)
3. Basanta Buragohai, a constable of 25th AP(ONGC) Bn for actively participating in the abduction and for being a part of the entire conspiracy along with two other bad characters apart from the ULFA(I) leaders.
(3/5)
Read 5 tweets
At last, some good news regarding the abduction of the 3 ONGC employee by ULFA. As mentioned in our Press Release, we confirm that the kidnapping was done by the ULFA (I) under command of SS Maj Ganesh Lahon and his accomplices.(1/4)
#ONGC #Assam #NagalandPolice #57mountaindiv
So far Security Forces have been able to rescue 2 of the total three victims from near the India Myanmar border in Mon Dist., Nagaland. The rescued 2 are Alakesh Saikia and Mohini Mohan Gogoi. Efforts are going on to rescue the third victim. (2/4)
#TerrorFreeAssam
I take this opportunity to convey my heartfelt thanks to the personnel of 57 Mountain Div. Leimakhong and DGP Nagaland and Nagaland Police personnel and above all the Village Elders of Mon districts, Nagaland upto Maniakshu near Indo-Myanmar Border. (3/4)
Read 4 tweets
Weekly NIFTY50 analysis thread.
September Week4.

All posts are for educational purposes.
1
#nifty50
#PriceAction
#ADANIENT
Adani enterprises
Read 53 tweets
Will be posting TA of all #nifty50 stocks in this thread. Any comments, suggestions are welcome!
1
#NIFTY50 #ADANIENT
ADANI ENTERPRISES
2
#NIFTY50 #ASIANPAINTS
ASIAN PAINTS
Read 52 tweets
#ongc - what pattern? Image
if stock manages to close above today's high tomorrow and gap doesnt get tested we can expect a good upmove in it
and pattern is ISLAND reversal
Image
Read 3 tweets
Charts of Heavyweights representing Index - nearing or at make or break levels - A thread. #TCS #Hdfcbank #Axisbank #Hcltech ImageImageImageImage
Read 4 tweets

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