https://www.desidime.com/comments/permalink/10227952
Stocks Stocks and Stocks 2024
This comment of mine has aged well... After announcement of budget I was feeling like writing some new material. So, here we go.
As per an article published in Economics Times,
Items that have become cheaper:
⤠Duty on mobiles, chargers, and accessories reduced to 15%
⤠Customs duty on gold and silver lowered to 6%, and on platinum to 6.4%.
⤠Three cancer treatment drugs exempted from basic customs duty.
⤠Removal of Basic Customs Duty on ferro nickel and blister copper.
⤠Expansion of exempted capital goods list for solar panel manufacturing.
⤠Full customs duty exemption on 25 critical minerals.
⤠Reduction in customs duty on shrimp and fish feed to 5%.
⤠Customs duty cut on leather goods.
⤠Reduced duty on X-ray machines for medical, surgical, dental, or veterinary use.
Items that have become costlier:
⤠Basic customs duty on certain telecom equipment increased from 10% to 15%.
⤠Higher customs duty on plastic products.
⤠Duty on ammonium nitrate raised from 7.5% to 10%.
⤠Increased customs duty on imported garden umbrellas.
⤠Higher duty on laboratory chemicals.
I took the liberty to copy paste the entire section here (Above to paragraphs). Don't blame me!!!
1) Protean -> It has NSDL, issues PAN/TIN, CRA for NPA/APY. @Akash115 bhai has already shared it in here. It should give good returns like BSE did.
2) Polycab/Fincable/RRKABEL/ Havell's -> Polycab,Fincable are good ones as they gonna profit from reduction of BCD of blister Copper. RRKABEL is at a very good spot tbh. Havell's has a whole portfolio of electronics and electricals appliances (including the brand Lloyd).
RRKABEL's chart ->Source Zerodha KITE, 1D, Red line ->50 EMA, Yellow Line 200 EMA
HAVELL's chart ->Source Zerodha KITE, 1D, Red line ->50 EMA, Yellow Line 200 EMA
3) Avanti Feeds: Underperforming since a while but Nimmi's Shrimp policy and other factors should reignite the fire (already ignited). I had replied @drupal bhai's  comment mentioning Avanti Feeds 1-2 months ago. I am glad that it saved my face. But it should do well.
4) AC stocks and R32 manufacturing stocks: No matter what brand you buy, like one ring in LOTR, you are not going to be able to ignore R32. R32 is used as a refrigerant in all modern ACs. Refex makes it. The stocks are running for a while. They should run even a bit more. People, who have not ACs yet, might buy em during the winter time sales.
5) LNG should be on popular demand anyway: So, Petronet LNG should do well.Â
6) Alcohol Sector: should keep on growing. My bets are ASALCBR, Radico Khaitan and United Breweries Limited.Â
7) FMCG: Varun Beverages is going strong since a while.
8) Leathers: Sreel
Now, you guys share what are you buying and selling.
Disclaimer
We are not SEBI/IRDA registered. The information provided herein is for education purposes only. We will not be responsible for any of your profit/loss with this channel's suggestions. Consult your financial advisor before making any decisions.
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https://www.desidime.com/comments/permalink/10227958
Bro, Medanta (Global health) ke technicals bata sakte ho? Also Holding Epack Durables (AC) stock from your list.
View 8
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https://www.desidime.com/comments/permalink/10228119
Buy anything in market, it will increaseÂ
Why to check charts and budget đ¤Ł.
Keep calm and invest in indiađĽ
https://www.desidime.com/comments/permalink/10228168
Then blame your luck for not making money. đ
https://www.desidime.com/comments/permalink/10228196
@bikidas2060 bro your view on idbi & lic , both looks good to me.
https://www.desidime.com/comments/permalink/10228209
Insurance sector should outperform as it has been sleeping since a while. LIC should rock. ICICIGI is living upto the expectation.Â
IDBI is riding the new unraveling of situations ahead of it.Â
LIC and IDBI should be held tightly in my opinion.
IDBI is riding the new unraveling of situations ahead of it.Â
LIC and IDBI should be held tightly in my opinion.
View 3
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https://www.desidime.com/comments/permalink/10228200
You guys can checkout Paramount Cable. Thanks @tappukepapa for bringing out Medanta
https://www.desidime.com/comments/permalink/10228205
@bikidas2060 bhai what about adani power. It has been consolidating around 700 for 2 Months now.
Pls share your views
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https://www.desidime.com/comments/permalink/10228385
Good interesting post VU+
https://www.desidime.com/comments/permalink/10228387
Just wondering did the govt gone MAD???
Reference Quote:
⤠Increased customs duty on imported garden umbrellas.
what the heck is that?? is that useful?? to economy???
are many buying such umbrellas? i am not aware of this
(i know world is not running around me to be aware of everything but still what this umbrella is ???)
https://www.desidime.com/comments/permalink/10229120
As Stated "To enhance the competitiveness of exports, I propose to reduce BCD (Basic Customs Duty)Â on real down filling material from duck or goose. I am also making additions to the list of exempted goods for manufacture of leather and textile garments, footwear and other leather articles for export" she added.
Garden Umbrella has such usefulness (Image)Â Maybe That's whyÂ
After going through this also I don't understand WHY ?
đ
Garden Umbrella has such usefulness (Image)Â Maybe That's whyÂ
She proposed to increase BCD on garden umbrella from 20 per cent to 20 per cent or Rs 60 per piece, whichever is higher
After going through this also I don't understand WHY ?
đ
View 2
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https://www.desidime.com/comments/permalink/10229109
Thanks for Sharing
đ
https://www.desidime.com/comments/permalink/10229442
Bhai you missed the correct Linking in Point 3) after @drupal bhai "comment" hyperlink. Please correct it.
https://www.desidime.com/comments/permalink/10229638
@bikidas2060 your view on IRCON. I bought it when it was at all time high. And now I am at loss.Â
https://www.desidime.com/comments/permalink/10248272
Maybe start accumulating at lower levels. Never enter market at ath.Â
https://www.desidime.com/comments/permalink/10229891
TD power is into generator sector
In last year concall they said that they can get orders from nuclear reactors section.
https://www.desidime.com/comments/permalink/10230009
The Very First Name Came in my Mind when was watching Budget Announcements.Â
Items that have become cheaper:
⤠Duty on mobiles, chargers, and accessories reduced to 15% - DIXON
⤠Customs duty on gold and silver lowered to 6%, and on platinum to 6.4%. - TITAN
⤠Three cancer treatment drugs exempted from basic customs duty. - ? (Not much in Pharma Sector, So don't know)Â
⤠Removal of Basic Customs Duty on ferro nickel and blister copper. - HINDCOPPER
⤠Expansion of exempted capital goods list for solar panel manufacturing. - ?
⤠Full customs duty exemption on 25 critical minerals. - NMDCÂ
⤠Reduction in customs duty on shrimp and fish feed to 5%. - AVANTIFEED
⤠Customs duty cut on leather goods. - BATAINDIAÂ
⤠Reduced duty on X-ray machines for medical, surgical, dental, or veterinary use. - ?
https://www.desidime.com/comments/permalink/10230813
Buy Bandhan Bank and sit tight
https://www.desidime.com/comments/permalink/10230943
@bikidas2060 what are your views on ATH market? Will there be any consolidation soon?
I personally just want to hold what I have invested till now, and awaiting consolidation to invest more. Do let me know what you think. Thanks!
https://www.desidime.com/comments/permalink/10230985
It should consolidate. đÂ
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https://www.desidime.com/comments/permalink/10231638
If your stocks are giving 10000% by god's grace then grand. Nothing wrong in paying 20%.
https://www.desidime.com/comments/permalink/10234180
https://www.desidime.com/comments/permalink/10234801
Last week started swing trade so very early days for me, For suggestions I've subscribed to a SEBI registered advisor and 2 out of 3 suggested stocks met the target. Lets see how it goes this week.
--------
Last week suggestions that hit the target were
BASF India and Indus Towers
https://www.desidime.com/comments/permalink/10237631
Please share the name of the advisory if possibleÂ
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https://www.desidime.com/comments/permalink/10237223
Subex is good chart as of now
It banglore company
https://www.desidime.com/comments/permalink/10248437
Now, it's not the time to book profit. Market is giving opportunity to buy things at a cheaper rate.Â
View 5
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https://www.desidime.com/comments/permalink/10254496
Any thoughts onÂ
(LOTUSCH) the share is like a lottery where all business is conducted in first 5 min and stock hit upper circuit daily.
https://www.desidime.com/comments/permalink/10312946
all red in the next or so week as fed cuts interest ratesÂ
keep liquidity as there is a lot of money you can make over the next 6 monthsÂ
keep liquidity as there is a lot of money you can make over the next 6 monthsÂ
View 4
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https://www.desidime.com/comments/permalink/10341268
BSE, CDSL are good shares. I ll check for BSE. đ
View 3
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Buy anything in market, it will increaseÂ
Why to check charts and budget đ¤Ł.
Keep calm and invest in indiađĽ
Then blame your luck for not making money. đ
It should consolidate. đÂ
It will consolidate. But when is the question. US economy is in tatters and if us falls it will take all with it. Till Indian economy doesn't show signs of weakness, the stocks will rise. If you have money right now then look for short term gains and if you want to invest for long term then you will have to wait for some big announcement or some big event in world politics. Right now enjoy short term gains knowing that stock market fall is just an announcement away just like IRCTC a few years back. Retail investors can't time markets cos many powerful players are involved in markets. So enjoy the present.
It will consolidate. But when is the question. US economy is in tatters and if us falls it will take all with it. Till Indian economy doesn't show signs of weakness, the stocks will rise. If you have money right now then look for short term gains and if you want to invest for long term then you will have to wait for some big announcement or some big event in world politics. Right now enjoy short term gains knowing that stock market fall is just an announcement away just like IRCTC a few years back. Retail investors can't time markets cos many powerful players are involved in markets. So enjoy the present.
It has started consolidating. đđđ