Conviction Delivery Idea
BUY SONACOMS
CMP 847.35
SL 808
TGT 927.4
-The stock has confirmed a consolidation breakout, backed by robust volumes, to trade at its All-time high levels and has bounced back from its 100-DEMA support, indicating strengthening bullish momentum.
Disclaimer - https://ftp.motilaloswal.com/emailer/Marketdiary/Disclaimer/Disclaimer.pdf
BUY SONACOMS
CMP 847.35
SL 808
TGT 927.4
-The stock has confirmed a consolidation breakout, backed by robust volumes, to trade at its All-time high levels and has bounced back from its 100-DEMA support, indicating strengthening bullish momentum.
Disclaimer - https://ftp.motilaloswal.com/emailer/Marketdiary/Disclaimer/Disclaimer.pdf
β€32π3
π 3 Things That Will Decide the Market Today
π΄ GIFT NIFTY (Gift City Cues)
Gift Nifty is down 0.8%, indicating a weak opening ahead of the US Fedβs rate decision and Reliance Jioβs IPO listing. Strong Q2 results from Bajaj Auto, UBL, Radico Khaitan, IndiaMART and Acutaas Chemicals support stock-specific activity, while Mazagon Dock and AWL Agri reported weak results.
π Macro / Global Cues
US markets gained over 1%, while Asian markets rallied up to 5%, led by South Koreaβs chip stocks after strong SK Hynix results. European markets were mixed. Brent crude surged above $115/bbl amid Middle East tensions, while gold hovered near $4,000/oz. The US Fed rate decision and commentary are in focus, with markets widely expecting rates to remain unchanged.
π Options Data & Key Levels
π Nifty 22400 to 23000 zones
π Sensex 72500 to 74000 zones
π Bank Nifty 53000 to 54500 zones
Motilal Oswalβs Daily Fundamental & Technical picksπ
Fundamental Picks (for more than a year)
1. Molbio Diagnostics - Target 1800 (42%) LLP
2. Syrma SGS Tech - Target 2010 (33%)
3. Emcure Pharma- Target 2330(24%)
4.Lenskart - Target 800 (19%)
5. Adani Ports - Target 2130 (21%)
Technical Pick -
BHARTI AIRTEL Buy
Previous Close: 1979
Target: 2137
Potential upside: ~8%
π΄ GIFT NIFTY (Gift City Cues)
Gift Nifty is down 0.8%, indicating a weak opening ahead of the US Fedβs rate decision and Reliance Jioβs IPO listing. Strong Q2 results from Bajaj Auto, UBL, Radico Khaitan, IndiaMART and Acutaas Chemicals support stock-specific activity, while Mazagon Dock and AWL Agri reported weak results.
π Macro / Global Cues
US markets gained over 1%, while Asian markets rallied up to 5%, led by South Koreaβs chip stocks after strong SK Hynix results. European markets were mixed. Brent crude surged above $115/bbl amid Middle East tensions, while gold hovered near $4,000/oz. The US Fed rate decision and commentary are in focus, with markets widely expecting rates to remain unchanged.
π Options Data & Key Levels
π Nifty 22400 to 23000 zones
π Sensex 72500 to 74000 zones
π Bank Nifty 53000 to 54500 zones
Motilal Oswalβs Daily Fundamental & Technical picksπ
Fundamental Picks (for more than a year)
1. Molbio Diagnostics - Target 1800 (42%) LLP
2. Syrma SGS Tech - Target 2010 (33%)
3. Emcure Pharma- Target 2330(24%)
4.Lenskart - Target 800 (19%)
5. Adani Ports - Target 2130 (21%)
Technical Pick -
BHARTI AIRTEL Buy
Previous Close: 1979
Target: 2137
Potential upside: ~8%
β€26π3
Conviction Delivery Idea
BUY LENSKART
CMP 690.00
SL 658
TGT 754
- The stock continues to form a higher-high, higher-low structure and has witnessed a strong rebound from its 100-DEMA support, indicating sustained bullish momentum and reinforcing the positive technical setup.
Disclaimer - https://ftp.motilaloswal.com/emailer/Marketdiary/Disclaimer/Disclaimer.pdf
BUY LENSKART
CMP 690.00
SL 658
TGT 754
- The stock continues to form a higher-high, higher-low structure and has witnessed a strong rebound from its 100-DEMA support, indicating sustained bullish momentum and reinforcing the positive technical setup.
Disclaimer - https://ftp.motilaloswal.com/emailer/Marketdiary/Disclaimer/Disclaimer.pdf
β€12π3
Forwarded from Sneha Shetty
Join Now : https://www.motilaloswal.com/campaign/Registrationoffers/e2e/SubBrokers/e2e-telegram.html
β€7π2
Conviction Delivery Idea
BUY DRREDDY
CMP 1322.10
SL 1268
TGT 1431.2
- The stock on the verge of a range breakout and has surpassed its 200-DEMA, backed by surging volumes, indicating strengthening bullish momentum and reinforcing the positive technical setup.
Disclaimer - https://ftp.motilaloswal.com/emailer/Marketdiary/Disclaimer/Disclaimer.pdf
BUY DRREDDY
CMP 1322.10
SL 1268
TGT 1431.2
- The stock on the verge of a range breakout and has surpassed its 200-DEMA, backed by surging volumes, indicating strengthening bullish momentum and reinforcing the positive technical setup.
Disclaimer - https://ftp.motilaloswal.com/emailer/Marketdiary/Disclaimer/Disclaimer.pdf
β€19π2π1
A stock has struggled to cross βΉ1,000.
One day, it finally breaks above βΉ1,000 and rallies to βΉ1,040 π
By market close, it falls sharply & closes at βΉ985 - back below resistance. What does it signal?
One day, it finally breaks above βΉ1,000 and rallies to βΉ1,040 π
By market close, it falls sharply & closes at βΉ985 - back below resistance. What does it signal?
Anonymous Quiz
9%
π
Confirmed breakout - closing below βΉ1,000 doesn't matter
73%
π
Bull trap - breakout failed and buyers may be trapped
14%
π
Strong accumulation - falling price always means institutions are buying
3%
π
Guaranteed 20% correction
β€19π1
MOSt Overnight
BUY SMSPHARMA
CMP 466.70
SL 452
TGT 495.35
- The stock has witnessed a strong rebound from its 100-DEMA support, accompanied by surging volumes, while forming a higher-high, lower-low structure, indicating increased volatility and strong price momentum.
Disclaimer - https://ftp.motilaloswal.com/emailer/Marketdiary/Disclaimer/Disclaimer.pdf
BUY SMSPHARMA
CMP 466.70
SL 452
TGT 495.35
- The stock has witnessed a strong rebound from its 100-DEMA support, accompanied by surging volumes, while forming a higher-high, lower-low structure, indicating increased volatility and strong price momentum.
Disclaimer - https://ftp.motilaloswal.com/emailer/Marketdiary/Disclaimer/Disclaimer.pdf
β€22π2π1
π 3 Things That Will Decide the Market Today
π΄ GIFT NIFTY (Gift City Cues)
Gift Nifty is down 0.2%, indicating a mildly weak opening despite the US Fed holding interest rates unchanged. Domestic sentiment may find support from strong Q2 results across auto, banking, pharma and energy stocks, while September IIP growth moderated to a four-month low of 6.7%
π Macro / Global Cues
US markets closed around 0.45% higher after the Federal Reserve held rates at 3.75%β4%, while Asian markets traded mixed to positive and European markets edged lower. Nasdaq futures fell nearly 1% after weak Alphabet results, despite strong Microsoft earnings. Brent crude eased below $115/bbl on diplomatic efforts to ease US-Iran tensions, while gold slipped 0.5% to $4,040/oz
π Options Data & Key Levels
π Nifty 22500 to 22900 zones
π Sensex 72500 to 74000 zones
π Bank Nifty 53500 to 55000 zones
Motilal Oswalβs Daily Fundamental & Technical picksπ
Fundamental Picks (for more than a year)
1. Molbio Diagnostics - Target 1800 (37%) LLP
2. Syrma SGS Tech - Target 2010 (29%)
3. Emcure Pharma- Target 2330(24%)
4.Lenskart - Target 800 (16%)
5. Adani Ports - Target 2130 (21%)
Technical Pick -
DR REDDYS LAB Buy
Previous Close: 1335
Target: 1442
Potential upside: ~8%
π΄ GIFT NIFTY (Gift City Cues)
Gift Nifty is down 0.2%, indicating a mildly weak opening despite the US Fed holding interest rates unchanged. Domestic sentiment may find support from strong Q2 results across auto, banking, pharma and energy stocks, while September IIP growth moderated to a four-month low of 6.7%
π Macro / Global Cues
US markets closed around 0.45% higher after the Federal Reserve held rates at 3.75%β4%, while Asian markets traded mixed to positive and European markets edged lower. Nasdaq futures fell nearly 1% after weak Alphabet results, despite strong Microsoft earnings. Brent crude eased below $115/bbl on diplomatic efforts to ease US-Iran tensions, while gold slipped 0.5% to $4,040/oz
π Options Data & Key Levels
π Nifty 22500 to 22900 zones
π Sensex 72500 to 74000 zones
π Bank Nifty 53500 to 55000 zones
Motilal Oswalβs Daily Fundamental & Technical picksπ
Fundamental Picks (for more than a year)
1. Molbio Diagnostics - Target 1800 (37%) LLP
2. Syrma SGS Tech - Target 2010 (29%)
3. Emcure Pharma- Target 2330(24%)
4.Lenskart - Target 800 (16%)
5. Adani Ports - Target 2130 (21%)
Technical Pick -
DR REDDYS LAB Buy
Previous Close: 1335
Target: 1442
Potential upside: ~8%
β€23π₯4π1
Conviction Delivery Idea
BUY GESHIP
CMP 1608
SL 1550
TGT 1730
- Breakout from consolidation
Disclaimer- https://ftp.motilaloswal.com/emailer/Marketdiary/Disclaimer/Disclaimer.pdf
BUY GESHIP
CMP 1608
SL 1550
TGT 1730
- Breakout from consolidation
Disclaimer- https://ftp.motilaloswal.com/emailer/Marketdiary/Disclaimer/Disclaimer.pdf
β€28π2
MOSt Overnight
BUY SHADOWFAX
CMP 299.10
SL 287.00
TGT 322.85
- The stock is nearing a range breakout, backed by surging volumes, and has surpassed its 20-DEMA, indicating strengthening bullish momentum and reinforcing the positive technical setup.
Disclaimer - https://ftp.motilaloswal.com/emailer/Marketdiary/Disclaimer/Disclaimer.pdf
BUY SHADOWFAX
CMP 299.10
SL 287.00
TGT 322.85
- The stock is nearing a range breakout, backed by surging volumes, and has surpassed its 20-DEMA, indicating strengthening bullish momentum and reinforcing the positive technical setup.
Disclaimer - https://ftp.motilaloswal.com/emailer/Marketdiary/Disclaimer/Disclaimer.pdf
β€15π₯8π1
Q1) India launched the βΉ84,084 cr Samudra Manthan scheme π Govt shares costs of deepwater oil & gas exploration to cut 85% crude import dependence. Why is finding oil underwater so costly & risky?
Anonymous Quiz
8%
π
Deep water drilling is illegal without government approval - risk is regulatory, not financial
64%
π
Deepwater projects have no guaranteed discovery. Govt cost-sharing makes risky ventures viable.
21%
π
Deep water oil is too heavy for Indian refineries - needs government investment to upgrade
7%
π
Deep water exploration only works in cold climates - Indiaβs warm seas make it high risk
β€6π5
Q2) Tata Steel & Hindalco fell 3%+ π China PMI at 49.2 signals contraction. Nifty Metal fell 8% in Oct. Why does Chinaβs slowdown hurt Indian metal stocks?
Anonymous Quiz
9%
π
Tata Steel manufactures in China - Chinese slowdown reduces their local production
18%
π
Indian government bans metal exports when China slows - reducing company revenues
61%
π
slowing Chinese demand reduces global metal prices, hurting Indian producers margins
13%
π
Metal stocks fall when China slows because FIIs always sell metals first during sell-offs
π7β€1
Q3) WPI inflation hit 11.8% vs CPI at 5.4% π India Ratings warns CPI may top 6% in Oct as wholesale costs pass through. Why does WPI rise before CPI?
Anonymous Quiz
9%
π
Government law requires retailers to raise prices within 30 days of WPI rising
25%
π
WPI and CPI are unrelated - one measures goods, other measures services
14%
π
WPI rising always means CPI will fall - they move in opposite directions
52%
π
WPI = factory/farm prices. Higher input costs eventually pass through to consumers
π9β€1
π 3 Things That Will Decide the Market Today
π΄ GIFT NIFTY (Gift City Cues)
Gift Nifty is down 0.2%, indicating a mildly weak opening amid rising crude oil prices near $117/bbl and weak global market cues. Domestic sentiment may remain cautious despite strong Q2 earnings across pharma, consumer durables, textiles and auto stocks.
π Macro / Global Cues
US markets fell over 1%, led by Nasdaq, amid weak Alphabet and Amazon earnings and higher-than-expected PCE inflation. Asian markets declined sharply, while European markets gained around 1.2% after the ECB held rates unchanged. Brent crude rose above $116/bbl amid US-Iran tensions, while gold slipped below $4,030/oz.
π Options Data & Key Levels
π Nifty 22700 to 23200 zones
π Sensex 73500 to 75000 zones
π Bank Nifty 54500 to 55500 zones
Motilal Oswalβs Daily Fundamental & Technical picksπ
Fundamental Picks (for more than a year)
1. Molbio Diagnostics - Target 1800 (38%) LLP
2. Emcure Pharma- Target 2330(25%)
3. Syrma SGS Tech - Target 2010 (20%)
4.Lenskart - Target 800 (17%)
5. Adani Ports - Target 2130 (14%)
Technical Pick -
KOTAK MAHINDRA BANK Buy
Previous Close: 459
Target: 496
Potential upside: ~8%
π΄ GIFT NIFTY (Gift City Cues)
Gift Nifty is down 0.2%, indicating a mildly weak opening amid rising crude oil prices near $117/bbl and weak global market cues. Domestic sentiment may remain cautious despite strong Q2 earnings across pharma, consumer durables, textiles and auto stocks.
π Macro / Global Cues
US markets fell over 1%, led by Nasdaq, amid weak Alphabet and Amazon earnings and higher-than-expected PCE inflation. Asian markets declined sharply, while European markets gained around 1.2% after the ECB held rates unchanged. Brent crude rose above $116/bbl amid US-Iran tensions, while gold slipped below $4,030/oz.
π Options Data & Key Levels
π Nifty 22700 to 23200 zones
π Sensex 73500 to 75000 zones
π Bank Nifty 54500 to 55500 zones
Motilal Oswalβs Daily Fundamental & Technical picksπ
Fundamental Picks (for more than a year)
1. Molbio Diagnostics - Target 1800 (38%) LLP
2. Emcure Pharma- Target 2330(25%)
3. Syrma SGS Tech - Target 2010 (20%)
4.Lenskart - Target 800 (17%)
5. Adani Ports - Target 2130 (14%)
Technical Pick -
KOTAK MAHINDRA BANK Buy
Previous Close: 459
Target: 496
Potential upside: ~8%
β€25π8
Conviction Delivery Idea
BUY ETERNAL
CMP 340.55
SL 326
TGT 370.1
- The stock has confirmed a triangle breakout on the weekly chart and continues to hold firmly above its 20-WEMA support, reinforcing the positive technical setup and indicating sustained bullish momentum.
Disclaimer - https://ftp.motilaloswal.com/emailer/Marketdiary/Disclaimer/Disclaimer.pdf
BUY ETERNAL
CMP 340.55
SL 326
TGT 370.1
- The stock has confirmed a triangle breakout on the weekly chart and continues to hold firmly above its 20-WEMA support, reinforcing the positive technical setup and indicating sustained bullish momentum.
Disclaimer - https://ftp.motilaloswal.com/emailer/Marketdiary/Disclaimer/Disclaimer.pdf
β€15π9
Conviction Delivery Idea
BUY ZYDUSLIFE
CMP 1219.10
SL 1160
TGT 1337
-On the verge of giving range breakout above 1232 marks.
Disclaimer- https://ftp.motilaloswal.com/emailer/Marketdiary/Disclaimer/Disclaimer.pdf
BUY ZYDUSLIFE
CMP 1219.10
SL 1160
TGT 1337
-On the verge of giving range breakout above 1232 marks.
Disclaimer- https://ftp.motilaloswal.com/emailer/Marketdiary/Disclaimer/Disclaimer.pdf
β€18π11