Price Targets are estimated using Artificial Intelligence and hypothesis that markets are inefficient.
Following companies are added to recommendations list
1. Atul Ltd
2. Blue Star Info.
3. Info Edg.(India)
4. ITC Ltd
5. Kellton Tech
6. Sonata Software
Modeled Close for CNX NIFTY continues to be lower than actual close of CNX NIFTY. Poor Q3 earnings hangover will remain on market till first week of April. Till then range bound movement.
Modeled close is predicted using artificial intelligence (AI) and hypothesis that market is inefficient.
CNX NIFTY OPTIONS SUMMARY
City Union Bank closed with 41% annualized profits. Primary reason to close is target met.
Price Targets are estimated using Artificial Intelligence and hypothesis that markets are inefficient.
Price Targets are estimated using Artificial Intelligence and hypothesis that markets are inefficient.
No new company added to recommendations list primarily because market is in overbought category.
ACC, Blue Star Info, and Sonata Software closed by booking 253%, 48%, and 117% annualized profits. Primary reason to close is target met.
Price Targets are estimated using Artificial Intelligence and hypothesis that markets are inefficient.
Modeled Close for CNX NIFTY continues to be lower than actual close of CNX NIFTY. This suggests that upward trend can continue if supported by lower volatility and improved earning expectations. However Q3 earnings so far are lower but Volatility is showing downward trend. Both together hint range bound movement.
Modeled close is predicted using artificial intelligence (AI) and hypothesis that market is inefficient.
CNX NIFTY OPTIONS SUMMARY
Kellton Tech, Coral Labs, and Coal India closed by booking 64%, 58%, and 41% annualized profits. Primary reason to close is expected correction in stock market post budget and weaknesses in other indicators.
Price Targets are estimated using Artificial Intelligence and hypothesis that markets are inefficient.
Price Targets are estimated using Artificial Intelligence and hypothesis that markets are inefficient.
Coal India and AksharChem are excluded from database as their TTM net profit drops more than 10%. This is a sign to close the position.But Vulture’s Pick will hold them for one year from the date of recommendation.
Modeled Close for CNX NIFTY continues to be lower than actual close of CNX NIFTY. This suggests that upward trend can continue if supported by lower volatility and improved earning expectations. However Q3 earnings so far are almost flat-lower and Volatility is showing upward trend. Both together hint that upward trend is limited.
Modeled close is predicted using artificial intelligence (AI) and hypothesis that market is inefficient.
CNX NIFTY OPTIONS SUMMARY
Price Targets are estimated using Artificial Intelligence and hypothesis that markets are inefficient.
Three new companies identified this week are : ACC, Crompton Greaves, and Cyient.
Vulture's Pick 