Nooresh Merani Profile picture
Jun 3, 2020 12 tweets 11 min read Read on X
#Whattay Series. In this #tweet thread will keep adding a lot of #stock price moves, #valuations where you end up saying #WHAT. No Reco just ?? Do comment 1) #Relaxo Footwear - just 10% away from highs. Market Cap = 18319 cr Sales 2500 cr #Bata -18419 cr Sales = 3056 cr !! PE ?
No Effect of #Corona on this #RealEstate Company. A 30% rally from the lows in May June.Low delivery volumes and almost same volumes and a weird chart.. Anyways its an avoid so not naming it. Image
Another craziness in gone stocks - #Educomp , #OptoCircuits are up 5x from the lows of March. Another stock which has zero effect of #covid19 and does low delivery volumes. Image
#Suzlon has doubled from the lows of March 2020 and is higher than the price in Jan 2020 when #Nifty hit 12k.
#Whattay Who did this in #Amrutanjan - 9% delivery volumes. Total Volumes 47 lakh shares. Total No of Shares of the Company 2.92 cr. Image
#RuchiInfra is up on #circuits but it is not owned by #Patanjali and is still with old promoters. Was a #ruchisoya group co before. #Crazy ... Also #RuchiSoya is another #whattay Image
#Whattay --- #IndraprasthaMedical opens on 20% circuit due to a recommendation on a Business Channel. The section is called #Maalamaal #Weekly !! Be careful the Business #Pumps are back !! If you own stocks and by mistake, they get recommended - Sell it ..
And Re-Buy the same stock after a few weeks.
#SBICards is back to the price it traded on #ListingDay !!
Two 20% lower circuits !!
Ooops !! ... Guess which #Insurance company owns a stake !! Image
#Whattay Series...Kahi na Kahi #Vikas hona zaroori hai !!! ... Every time a new #Vikas Group co does well !! One for every #cycle and #Season... Totally Stay Away !! ImageImageImageImage

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Nooresh Merani

Nooresh Merani Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @nooreshtech

Dec 31, 2023
Setting the Stage: World Indices Setup for 2024

AEX - NetherlandsImage
ASX All - AustraliaImage
ASX 200 - AustraliaImage
Read 23 tweets
Dec 1, 2023
10 Most Interesting Videos on the CFA Society India Channel.

Take your time and go through them. Would recommend attending the physical events too.

@CFASocietyIndia
1) Brave New World | Ritesh Jain, Co-founder, Pinetree Macro.
He spoke about the liquidity way of investing, Tracking the global liquidity flow across past decades, how liquidity impacts economies, market returns based on liquidity.
2) Dimensions of Mistakes in Investing |
Utpal Sheth, CEO & Senior Partner, RARE Enterprises. He spoke about importance of overcoming natural instincts in investing, focusing on the long-term strategic picture, and sizing bets to match one's conviction.
Read 11 tweets
Sep 20, 2023
#NiftyMicrocap250 - An interesting thread.

Lot of discussion on this to show how stretched #Microcaps are.
up 65-70% since March
Represents Top 250 cos beyond Nifty 500. ( Not exactly Microcap)

History of less than 2 years.

It also has an ETF by MotialOswal. Image
1) The Constituents tell you the Story

Look at the Top 10 Constituents.

Many of them have gone up big time in the last few months. But historically had a lot of sideways periods. Image
2) The Sector Constitution

Capital Goods is at 22%
Financials at 13%
Healthcare at 9% Image
Read 4 tweets
May 17, 2023
#FlashBack Thread.

17th May 2004 - #BlackMonday LowerCircuit Day.

Started learning Technicals from @nsfidai just a week or two before this event.

Remember him and his friend discussing how markets are heading lower irrespective of results.

Let's see what happened.
#IndianElections & the Impact.

#Nifty fell almost 20% in a single day. Closed 12-13 % lower.

Down 32% from April to May. Peak to Bottom.

On Close 24% fall.

#BJP lost elections.

Remember the "India is Shining " Campaign.

Learnt Lower Top Lower Bottom Pattern ImageImage
#Global Impact of Indian Elections.

#US Markets fell by 6-7% in April-May 2004.

Was down 1% on 17th May 2004. Image
Read 11 tweets
May 16, 2023
#WisdomTales: Insights from Legends

In this series, we cover interesting stories and insights of legendary investors which will give invaluable lessons in the journey of investing

In this thread, Kenneth Andrade explained how using #TechnoFunda does not work on huge PF size !! Image
According to him both the studies contradicts each other, example, A technical chart will tell you to sell it 20% below your purchase price and as a Fundamental analyst you will double your position at 50% below your purchase price so those things are conflicting
In his career he held “MRF” from 2003 to 2015 it was 110 times up, held “Page industries” from 2007 to 2015 it gave an 80x or 90x, & Kaveri seeds which gave 70x

After this there’s just one question he asks is why would you want to sell a business where fundamentals are improving
Read 7 tweets
May 15, 2023
5 Trends - A thread

1) Leadership Changing in Banks,
2) NBFCs breakout,
3) PSE FOMO to set in,
4) New Age Cos Bottomed,
5) Smallcap Oops Moment !!
BankNifty@44k
HDFCBank (28% Wt) - 1750 a major resistance.
KotakBank - (10% Wt) - 2000 resistance.
ICICI Bank strength continues.
SBI crossing 600 confirmation of strength.
AxisBank & Indusind Bank ( 1250 resistance ) can be new leaders.

Be selective. Image
NBFCs, SFBs

Old thumb rule - NBFCs, Banks can outperform when Rate Cycle has peaked or the rally starts with Big Banks to Small Banks and then Nbfcs

A lot of charts trying to make 2-3 yr highs- Ujjivan, LTFH, M&M Finance, IDFC twins, Equitas, Chola, Federal , Muthoot Cap, etc ImageImage
Read 10 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us!

:(