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Added: 2026-04-30

[00:00:07]Hello and welcome. You're watching Business Today television. I'm Sakshi Batra and this is your favorite show, Daily Calls, the show that answers your specific stock queries on the program.

[00:00:15]In case you're here for the first time, the WhatsApp number is on your screens.

[00:00:18]That's where you send me all the questions that you have about the stocks in your portfolio. You can also send in your name, location, and contact details as we can give you an opportunity to speak live to our top market experts who join in on the show and take a custommade advice for yourself. You can also log on to YouTube in case you're joining there on our business today YouTube channel. Then go to the daily calls live, use the comment section there to send me your queries. I'll be happy to address all of those queries also with our guests as well. Let me quickly first brush up the kind of market momentum we are seeing um at almost halftime 342 points of a decline.

[00:00:52]It's a complete reversal of trade as to what we saw yesterday building up into the market. There was so much of enthusiasm yesterday. The markets were soaring about 24,000 odd and today we have more or less um uh you know scaled back from those kind of levels almost 500 odd points on the nifty as well. When we look at the nifty bank that had shown early signs of weakness even in yesterday's latter half uh that continues to be um you know under pressure but it's the IT stocks that are bucking the trend. So banks are down by one and a half% at the day's low point but IT stocks are bucking the trend slight up into the green remember also supported by the weakness in the rupee which has hit a fresh record low level as well as far as the dollar level is also concerned. But of course among the other sectors there are all the sectors that are trending weak today.

[00:01:43]Barring it everything else is in the red. You have metals, real estate, FMCG um even midcaps and small caps are down into the red. Um you know farmer oil and gas you name it. All the sectors are still trending weak in today's session.

[00:01:57]Of course also because of the macros once again creating pressure. The crude oil prices um soaring at a 4-year high above $120 a barrel. And that's where uh the pressure is coming in from. But let's welcome our guest on board. We have Mr. NH joining in on the program with us. He's the vice president head of equity technical research wealth management at Mudil. Uh okay no sorry um Nil Jen from we have from Centrum joining in. Hi Nish welcome to you. Good to have you with us on the program. Uh Nilish first up a quick comment on how the market sentiment has suddenly changed from yesterday's um you know move that we were celebrating to a sharp decline in today's trading session. How would you really look at this extreme amount of volatility in the markets of course caused by once again disturbing macros uh falling uh rupee level against the dollar and the sharp spike in crude oil prices. Does it yet again tell us that we are not yet out of the woods?

[00:02:59]>> Very good afternoon Sakshi. Absolutely I've rightly pointed out. So first of all we are not out of the woods yet for multiple reasons. Uh as you have mentioned rupee made a new low and looking at the USD INR momentum looks like rupee is likely to depreciate further towards 96 to 97 going forward.

[00:03:19]Number two, if you see dollar index where we have seen a constant strength coming back. So that is another cause of concern. The major cause of concern we have is from the Bren crude and uh that is basically denting the sentiment of the across the global market. uh Bren crude reached almost closer to $120 and if at all we see any further rise from here where I I feel the probability of moving higher is very high and we may see the levels of 125 to 130 as well going forward in the brand crude. So if that happen then definitely we are likely to see uh the Indian equity market remain under pressure for a short-term time frame and even on technical front first of all if you see volatility index in the weeks where we have seen a spike of 10% once again it has reached to the levels of 19 that is another cause of concern and we have a we have an extended weekend then we have on Monday uh the uh you know poll outcome of multiple states so that will also have some bit of impact on the market. So overall uh just to sum up so we expect market to remain volatile in the coming week and crude is something that should be on your radar should be on the focus any further rise will definitely have adverse effect on the Indian equity markets overall the focus should be on stocks and sector specific move uh today we are getting a good opportunity in term of a correction in the quality stocks so that can be used as a buying opportunity as far as index is concerned I feel one should avoid even in the broader markets where midcap index which was outperforming today.

[00:04:50]After a long time, we are witnessing a profit taking. Uh so one should focus on midcap stocks specifically. This profit taking is giving you a good opportunity to start initiating fresh longs in the midcap stocks.

[00:05:02]>> Okay, Nlesh, I hope all our viewers have noted down the overall strategy into the markets and the expectation. We'll start uh taking some questions now. Uh Guru has sent in the first question for you.

[00:05:13]He says is there any future of car trade technologies uh that you see um and if you could suggest any fresh levels as well to purchase the stock how would you look at the current fundamentals and technicals both of car trade.

[00:05:27]>> Uh well see technically the stock remain under pressure since last four five months we have seen a constant formation of a lower and low bottom formation as well. It has given a breakdown from the levels of 1900 that is acting as a very crucial resistance. Now uh the major support I see on the chart is somewhere around 1400. So quite possible that we may see further declining in the trend and it may correct to the levels of 1500 to 1400 that can be a good entry point.

[00:05:56]If somebody is looking to make a fresh entry uh I would suggest to wait a while wait for further decline towards 1400 that can be a good entry point. keeping a stop loss below 1250 then probably one can take a contra bet for a pullback date towards 1,800 to 2,000. I'm not expecting any Vshape kind of recovery as of now because looking at the market we did see a strong pullback more in the midcap and small cap but in spite of that this particular counter remain under pressure. So that itself shows that it is likely to face resistance at the high level.

[00:06:28]>> Okay. Uh let's take another query. This one is from Arti Jen says, "Hi Nilles sir, can I make a fresh investment in Ashoklin and what price would you advise me to buy it and any target prices that you can determine?"

[00:06:41]>> Uh well uh Sakshi we did see a gap up opening on 8th of April. A big gap up move was seen but now the stock is making an attempt to fill that particular gap which means that there's still some more room left on the lower side. It may correct further towards 154 to 152 on the lower side. uh probably after once the gap is filled then one can look to make a fresh entry not at current level it's an avoided current level suggest to wait for a bit correction more towards 152 to 150 levels >> okay I hope this has answered your question Arti next one we have uh from one of our viewers this is Leela and she says hello Nilles sir I want to know if I can make any fresh investment in geo financial services and where would you advise a fresh purchase and what is the target you would determine here? Again um you know of course some days we did see some momentum but again the stock is under pressure today 245 odd levels currently. Uh what would you advise here?

[00:07:41]>> Uh absolutely Sakshi we did see a very good breakout coming in from the levels of 240 to 245 zone. So that was a major neckline that has been taken off but uh due to the market correction the stock once again is facing resistance and witnessing selling pressure. So purely from a position perspective somebody wants to make an investment then I feel uh I would advise to accumulate this particular counter at current level and on decline. So a staggered manner is something that one can look to enter in this particular counter. Uh purely from a momentum perspective I feel the stock may trade in the range of 235 to 255. So that's the broader 20 point range for this particular counter. But yes, very good stock to be in your portfolio purely from a positional perspective of 8 to 12 months and the strict stock loss should be placed at 225.

[00:08:29]>> Okay, let's uh take another query. Uh this one is from Vanita Jen. She says, "Hello, Nlesh sir. Any investment strategies on NTPC green energy and what are the targets you would define here?

[00:08:42]Any fresh entry levels that you could advise?"

[00:08:45]Uh well NTPC green uh in fact we have seen a very good momentum in last couple of trading session although we are witnessing some bit of profit taking but this profit taking is again giving an giving you an opportunity to start uh making an fresh investment. So if you get any dip towards 105 to 108 that can be a good entry point keeping a stop loss below 99 then one can go long for upside target of 120 to 125. So little positional perspective I feel if somebody's looking to make an investment then it's a good bet and buy and client should be the strategy.

[00:09:19]>> Okay, got that. I hope this has also helped you out. Next we have a query coming in from our WhatsApp now you know viewers as well a lot of them are joining in fresh gan from Andhra Pradesh writes in um Nilisha what's your outlook on Tata power I have a short-term view here what targets could you advise >> uh see within power space we continues to remain bullish uh energy and power space is something that we believe is likely to continue uh with the momentum with in the near-term time frame but now in last couple of trade session we have seen some bit of profit taking and today if you in fact if you see across the board selling can be seen so that's the reason we are witnessing some bit of selling pressure coming in in Tata power as well uh in fact once again I would suggest that if you get any dip towards 430 425 use this correction as a buying opportunity these are the quality stocks uh if the view is from a near-term perspective then go long at 430 and 425 range keeping a stop loss below 410 pushal It could be somewhere around 470 to 480.

[00:10:24]>> Okay. Um let's take another one then. We have also some more people joining in on our WhatsApp. Rahul writes in and says, "I have Godavi power shares. Uh should I hold or sell is my question. My buying price is 240." Um this is Godavi Power.

[00:10:42]>> Okay. Uh >> 240 is the purchase price and wants to know whether you should hold or sell. So currently in profits because it's trading at 297 >> right uh Gdavi Power and Espath Limited uh it is right now trading at 297 right uh >> uh right so in fact uh the setup looks positive because we have seen a very good breakout coming in from a symmetrical triangle pattern. The breakout was uh seen at 275 level and since then we have seen a very good momentum. Uh so buy decline should be the strategy. If somebody's already holding the long position then keep a trailing stop loss at 285 and if somebody is looking to make a fresh investment then uh any dip to us 290 can be a good entry point. Positional target for this particular counter comes somewhere around 320 325 and from a short-term perspective the immediate level to watch out for would be 310. If it breaks 310 then it will be considered as a good breakout. Then target on the upside would be 325 to 340. Okay, caught that. I hope this has also helped you out. Um, next we have a question from Biren. He's from Odisha and he says sir IDFC Bank 522 share 71 IDFC firstly 5857 or 95 level previous Okay. Um, let's take another question.

[00:12:55]This one is from Suraj from Kerala. He says, "Nil, sir, I'm holding Yes Bank at 63 levels. I'm a long-term investor.

[00:13:04]Would you advise me to continue to hold on?" We recently had seen the numbers also nil and numbers came in promising although this stock is still reeling under pressure and we do not know whether completely things are on the right track for Yes Bank. Um so he held at 63 levels which means he's sitting on far too long for a lot of losses. Um is there any way out or is it better to probably switch?

[00:13:31]Uh well Sakshi 63 kind of level lastly was seen in the year 2020 like just uh during time of COVID and in last six years we have seen a constant underperformance and it has stuck in a very tight range 2530 is acting as a very strong resistance and uh it has a very strong support somewhere around 15 rupees. So overall I'm not expecting counter to move towards uh 60 65 anytime soon because the major structure looks sideways too weak. But yes from a short-term perspective we may see some bit of a pullback move towards 2530 that uh that cannot be ruled out but yes having said that pullback should be used as an exit opportunity because uh quite possible that it may remain sideways for some more time. So the better strategy would be to you know shift your position to better banking names where we see you know a lot of potential on the upside but as far as yes bank is concerned sell should be the strategy. If you want to stay put then keep a stick stop loss at 17.

[00:14:33]>> Okay. Um let's take the next Q question as well. This one is from uh one of our viewers Satyan. He says good afternoon to business today television. Good afternoon to you as well Satyan. How are you? His question is uh he says thanks a lot for this entire show and this really helps me. Thank you so much Satyan for your warm words. We're glad that daily calls is able to help you out in your investment journey and we truly thank experts like Nilles who join in week on week to help you all out uh in terms of the strategies that you have to make. Um his question Nilles is on Inox wind and his question is can he average now? uh his buying price is 180 maybe for about one to two years he can go on to hold it. So is it worth averaging at the current price?

[00:15:22]>> Uh well first of all uh the broader structure uh if we can just pull up and show the chart of last two years clearly the stock is in is in a downtrend. Uh from the levels of 250 in the year 2024 September we have seen a constant formation of a lower and lower term.

[00:15:38]That basically indicates the short to medium-term trend still looks weak and at current level the recent pullback has again got sold into it as resistance at 100 day moving average. So from here we expect further selling pressure to continue towards 90 to 85. So you might get it at a lower level if you want to do averaging purely from a 2 to three year perspective. Yes, quite possible that we may see a gradual uptick over the period. But immediate basis, short-term, medium-term trend looks weak. So I would suggest do not be in a hurry to average out your position. Wait a while. Let the counter make some base formation as of now which is missing. So you may wait for 90 to 85 level to average your position.

[00:16:22]>> All right. I hope this has helped you out in truly understanding your clear strategy. Satya, let's move on to another query. We have a live caller with us on the phone line. This is Avin from Bangalore. Hi Avin, good afternoon.

[00:16:34]How are you?

[00:16:36]>> Hi ma'am. I'm fine. Uh tell me and I have a query on MV photo uh to power limited which has posted result two days before. Uh looking at the result and uh uh looking at the size of the company I have a doubt whether the investment will be good opportunity at the current price level for a holding period of two to three years. I mean I have considered the uh governing call and uh the investor presentation looks good but I I'm still having the confusion.

[00:17:09]>> Okay for sure we'll definitely um you know try to clear your confusion there on MV photo voltech. Uh the stock is down by almost six odd percent today. We had seen one day ago when there were the strong earnings that came in and you rightly pointed out um brokerage houses also penciled in further upside onto the stock. The stock had also reacted about 8 odd% higher uh you know just after the results but today again the stock has come under pressure there was dividend that was announced as well for MV photovoltech um give us an understanding nles on the charts how is the stock doing and if somebody has a 2 to threeyear time frame uh what is the strategy one should adopt a clearly talks about how he wants he's still confused about whether he should invest in it post good results or not >> uh Well Sakshi first of all it's a recent listing month back it got listed we have very limited data to comment out but what I can see on the chart is that the stock has regained the momentum after some bit of consolidation that we saw for couple of months but uh recently we have seen a fresh breakout with a good momentum with a good volume activity as well can be seen on the chart so overall the setup looks positive from a short to medium-term perspective I think the stock has a potential to move towards 320 to 350 on the upside but uh if you are playing this pullback move then keep a strict stop loss at 240 because the markets are likely to remain volatile going forward. Uh so we expect this counter to witness a gradual uptick towards 320 to 350 but again at the same time you should keep a stick stop loss at 240.

[00:18:47]>> Okay. Uh let's take the next question.

[00:18:49]This one is from uh one of our viewers Deepak. He's from Delhi. He says hi Sakshi want to know about Dr. Reddies at 1339 I've been holding this one. Should I continue to hold? Should I average or should I exit? Dr. Reddy's >> uh well Sakshi I think uh bought it recently because yesterday it was trading somewhere around 1350 1360. Uh today we are witnessing a profit taking but the broader structure of the nifty pharma index looks positive. Uh specifically Dr. Reddi has also given a good breakout from the levels of 1300.

[00:19:23]So keep a 13 uh stop loss at 1300 and stay put with your long position. Uh we can expect a gradual uptick towards 1380 to 1400 over the period at least in the mass in the May series we expect this counter to move towards 1400 plus. So yes one can stay put keep a traing stop loss at 1300 and uh looks positive once this consortion gets over we can expect another leg on the upside.

[00:19:47]>> Okay got that. Let's take another question then. We have more viewers who are joining in on our YouTube as well.

[00:19:55]Uh this one is from Rishi. He says, "Hi Sakshi, I have LNT shares at 3,963.

[00:20:01]Could NLES sir please suggest a stop-loss and a target for one-year time frame on LNT?" Okay, for sure. We'll give you an understanding there. LNT, we all know how NLE it um took a beating because of the West Asia war. uh is it stabilizing now for someone who's holding at 3,963? What's the onward journey going to be like over the next one year? What strategies would you recommend?

[00:20:24]>> Uh well, thankfully we have seen a very good rebound from the levels of 3,400.

[00:20:29]It has almost crossed 4,100 mark recently. Now uh today we are witnessing a profit taking but uh the things have you know uh changed in the recent time.

[00:20:40]We have seen some positive development in this particular counter. So as far as stop loss is concerned if somebody has bought it from a one year two year time kind of a time frame then I would suggest to stay put keep a tailing stop loss at somewhere around 3500 that should be a stop loss for the positional upside if somebody wants to play that could be somewhere around 4,500 to 5,000 so that can be seen in next one one and a half year but in between as you rightly pointed out it has a major exposure in the west Asia and there is a geopolitical attention that still persisted. So one should keep an eye on that particular uh you know development as well out there and any positive development will definitely have a positive impact on this particular counter. So overall good bet as a portfolio uh you can stay invested for a positional uh upside of one year plus.

[00:21:31]>> Okay, fair point. I hope this is able to help you out in terms of your strategy.

[00:21:36]Sai Sharma says I have BAL shares at 443. Should I sell right now or should I continue to wait? I'm a medium-term investor.

[00:21:44]>> Uh BEL is it Bat Electric Limited?

[00:21:47]>> BL BAT Electronics. We got at 443 currently at 428.

[00:21:52]>> Right. Uh so uh we have seen some bit of selling pressure. It has formed multiple tops somewhere around 465 and it has faced the resistance. So overall the short-term structure has turned negative. If you get any pullback towards 440 445 use that pullback to exit at least from a short-term perspective the trend has uh changed to negative from positive and on the lower side the important support of 200 day long-term moving average that is placed somewhere around 412. So you can keep a stop loss at 412 but still I would suggest to exit on pullback if purely bought it from a trading perspective.

[00:22:30]>> Okay, fair point. I hope this has also helped you out there. Um let's take another question. This one is from one of our viewers uh from mainpuri in Uttar Pradesh but we do not have your name. Uh your question is on global spirits intraday view ma'am please 119 per share buy definitely global spirits 116% point of view. counterrengal 949 1120 but again just a positional longterm moving.

[00:24:01]But yes, purely from point of view.

[00:24:16]Next question sir should we buy right now? Is it exhibiting any flag and pole pattern? Uh please advise and what would be the target and stop loss?

[00:24:33]uh well uh very uh good spotted I would say I think is following uh technical very closely but uh it's a flag and pool as well as small pennant pattern breakout which is yet to come. So 164 165 open then we'll get a confirmation of this particular flag and pole pattern breakout. So in 165 break because you need a confirmation of a particular pattern to break. So 165 break then the target on the upside will be somewhere around 180 to 185 chances long poss 152 in your existing long pos 164 165 absolutely so um like nil pointed out it's good to see that our viewers are also building up their own research capabilities and learning learning technicals very well and this can be the best platform for you uh to learn from experts like NLG who've been tracking technicals for over decades now and uh to help you out in identifying where you're getting wrong and where you could probably continue to build on thinking where you're thinking right now. So continue to send us those questions.

[00:25:50]It'll definitely help you and many others who have just started off by reading technicals for themselves also uh to get a clear understanding. Uh next question is from one of our viewers on time technoplast. Uh viewer who's not sent the name has said uh I have 100 shares of time technoplast at 182 and I want the view for next 6 months here.

[00:26:12]Currently the stock is at 190. So you're in profits. That's a good thing.

[00:26:17]>> Uh well uh it's a good thing that bought it at a lower price but uh in order to protect the capital as well as profit first of all keep a trailing stop loss at 183. So that should be a stop loss.

[00:26:29]That's the recent swing low support. So overall uh the setup looks positive because of the recent development that we have seen on the technical front. But uh a breakout is awaited that is place somewhere around 200. If it breaks 200, it will be considered as a breakout from an inverse HNS pattern. So a break above 200 will open up upside towards 225 to 240. So keep a stop loss at 183 and stay put in your long position.

[00:26:55]>> Okay, got that. We'll take one more query and then we will move on to understanding from NLH his own top choice of stocks too. Uh the next question is from Jatin Davi. He says Sakshin Nilles G to both of you. Good afternoon to you as well Jatir. He says I have good luck shares in my portfolio at 1251 and my quantity is 500 shares. I need a target and stop-loss for the next 3 months. So he's a short-term investor.

[00:27:22]Good luck. He has 1251 as the purchase price. 500 shares, >> right? So, good luck. If you see the structure, uh it has already turned positive with a good breakout from a falling trend line that was seen at somewhere around 1235. So, overall positionally, I feel the stock has a potential to move towards a new record high as well because the recent swing high of a record high that I can see on the chart is somewhere around 1340. A stock has a potential to move towards 1400 plus that's again from a six to eight months perspective but keep a stop loss if already bought it then stop loss should be at 1200 and uh we can expect a gradual uptick to continue towards 1300 and positionally 1400 is also quite possible.

[00:28:07]>> Okay. Um right uh Nilles do help us now understand your own top choice of stocks in this weakening setup. Thankfully, it's a long weekend now and the markets should forget what has happened today and the macro should also improve and we should once again hope for better days and better week ahead going forward in May. Uh but your sense of in this market would you be a buyer pick some stocks on the long side or would you actually be a seller?

[00:28:36]Uh well Sakshi uh first of all the focus should be on stocks and sector and uh as we have right as we have pointed out at the beginning of the commentary that there are multiple factors in the global markets that will have some bit of adverse effect on the Indian equity market. So uh keep an eye on those factors trend crude USD cap and small cap stocks because this correction is giving a good opportunity. So stock specific there are good opportunities in this kind of a correction. On the indices front nifty bank nifty may consolidate for some more time. So coming to the stock specific move uh HSCLI speciality chemical limited this particular counter has witnessed a very strong momentum. We have also covered in our fundamental recommendation as well.

[00:29:18]But on technical front due to the recent momentum I feel the the structure look still looks strong for further upside to continue towards 625 to 640. So one can keep a stop losler below 592 and can go long at current level and on decline.

[00:29:33]Apart from that couple of stocks that are showing weakness. So no is one of them where we have seen lot of selling pressure and a breakdown. Eternal is another stocks. So couple of short ideas but uh if somebody wants to play on the long side then focus should be on midcap ideas as well as small cap ideas.

[00:29:54]>> Okay. Got that? I hope you've taken down all of those details as well in terms of the key choice of stocks. Uh le always a pleasure to have you with us on the show. Uh the markets although are still weak. Uh we've tried to come above 23,900 once again but let's see how things pan out. We still have about 3 hours remaining for the markets to shut up. Uh but thank you so much um you know truly uh help you helping you know all our viewers out and thanks a lot for all your guidance there. Thank you.

[00:30:23]>> Thank you. All right, uh viewers, we'll move into the second segment of our show as well and we'll wait by for Ruchi Jen from Mutilo Swal Financial Services to now join in and to share a fresh take on the markets and to take the rest of your questions as well. Um Ruchett is with us. Good afternoon to you and good to have you with us. Um tell me how are you looking at the markets with the sudden spike in crude and again macros uh shifting towards uncertainty. Sentiment has taken a beating today. Can we further see a sharper fall on the nifty and the nifty bank?

[00:30:58]>> Yeah. Hi, very good afternoon Sakshi. Uh well uh in the month of March and February itself know the scenario was the same where the crude oil prices went higher very sharply. I had appreciated and these were the two main reasons why we witnessed that sharp fall. But if you look at this time although the crude oil has surpassed that recent high of 116 117 markets on the index front is not below the swing low which we had made at around 22,200 and in fact we are trading comfortably much higher than that right so we think that know what happened in the month of February and March there was more of a panic or there was more of a fear dur of the rising crude oil prices and depreciating INR but this time when the crude oil prices have have been going up in past few trading sessions there is more of a hope rather than fear that things will ultimately get settled down and we won't see much higher levels or sustainable uprove from current levels even if you look at the India VIX level also earlier when the crude prices were at this level India VIX was around 27 28 kind of levels and this time it's still below 20 so clearly an indication that the definitely crude oil rising crude oil prices are not good for the markets but this time rather than such fear it's more of a hope that is that uh to which the markets will not see a very sharp downfall from current levels. Technically major support for Nifty is placed in the range of 23,600 to 23,500 where we can see the markets in this leg of correction can form a higher bottom and then resume uptrend. So although yes on a day basis if you look at one or two trading sessions then definitely markets are reacting to that crude prices and depreciation but positionally we think that this correction is a healthy correction. we would form a higher bottom and then resume the up. So it's a buy and dip market. Any decline towards 23,600 if we get then that should be used as a good buying opportunity.

[00:32:51]>> Okay, let's also take um now some questions with you. We'll start by taking NY's question with you. Um says good afternoon. I want to know about Adani ports. Um the results are today and I would want to know what exactly is uh the outlook here any targets that you could advise on Adani ports. We've actually seen a momentum going on the Adani group stocks in the last couple of uh weeks. Uh do you think that will continue?

[00:33:18]>> Probably yes. Overall trend remains positive for Adani ports and many other names from the group. Rani ports formed a double bottom around 1300 from there where this rally has started. So if we get any kind of dip also then 1550 is where the initial support is placed which is the 20-day EMA for the stock.

[00:33:36]So 1550 is a good support for stock positionally until that is intact the overall view remains positive any declines in in case if you see post the numbers also uh then that should be used as a buying opportunity. So if you have your existing long positions continue to hold on on the higher side on a positional basis you can expect targets around 1750 where you can review your positions.

[00:33:57]>> Okay. Uh we'll take another query. This one is from Raj. Uh he says um Ruchit sir can you please advise on Balu Forge?

[00:34:05]I want to buy this stock. Is it advised?

[00:34:09]>> So we have seen a consolation uh in the stock in the recent past. The stock is quite near to its 200 EMA resistance which is at around 600 no the 200 EMA resistance which is around 536. So I think let that breakout come about 200 EMA and volumes also in the recent pullbacks and have not been that high.

[00:34:30]The stock has rallied from 400 to 520 but this up move has not been supported by any kind of high volume based buying.

[00:34:36]So I think both the things are missing.

[00:34:39]One not a breakout above about 200 EMA red second price pullbacks are not supported by good volumes. So keep it on your watch list. Let the breakout happen with good volumes then you can look for buying opportunities there.

[00:34:50]>> Okay got that. Uh taking the next query.

[00:34:53]This one is uh from uh again our viewers who are joining in on our YouTube. Uh Sapna asks your view on Nellcast. A fresh entry but she's not shared what is her time frame. Is she a long or a short-term investor? But overall let's get a view going on Nellcast.

[00:35:11]>> So we have seen a good pullback move in last few weeks and the stock has a good support around 120 125 range. So the near-term short to medium-term trend looks positive for the stock. You can create long positions. Stop loss is coming a bit deep below 120. So it should not be a big portion of big part of your portfolio. If you're looking to buy, but if it smaller portion of your trading uh portfolio, then you can enter long with stop loss below 120. On the higher side on a positional basis, the stock has potential to rally towards 175.

[00:35:42]>> Okay, got that. Let's take the next query. Uh this one is from Anshu uh who says good afternoon to all of you. Good afternoon to you as well Anu. The question is on HSC and uh the question is that I have 100 shares at 610 uh levels and I want to know whether I should continue to hold on or not. This is Himadri Specialtity Chemicals currently at 608 you bought at 610. So around that level your suggestion.

[00:36:13]So just a disclaimer that we have this stock in our one of our model portfolio and we are holding a long positions there. So overall trend still remains positive. In last few trading sessions we have seen that post the numbers the stock has seen very good buying interest as the volumes have increased significantly compared to what we usually saw on a day-to-day basis. So the trend is positive in such market is also if the stock is showing a relative outperformance and then it's a clear sign of strength the stock has can go towards 640 650 kind of range uh going ahead. So continue to hold on your longs.

[00:36:47]>> Okay I hope that this has helped you out. Next we have Yamin Ahmed writing in and saying to you Ruch that he had 38 stocks uh in his portfolio out of which 23 are Nifty stocks and therefore any kind of momentum on Nifty really impacts his portfolio and uh therefore he now wants to know what exactly should his strategy be. He's not buying Nifty uh now at this point in time. But what's your strategy uh that you could recommend to him where more than half of his stocks in his portfolio are Nifty stocks and he constantly feels the pressure when the index is not performing.

[00:37:25]>> So I think if it's a portfolio then do not look the index on a day-to-day basis. Frankly, this is what I would suggest on a positional basis. You know we believe that markets have formed a very strong bottom around the recent swing low of 22,200 where you know the weekly 200 EMA is there. The previous swing low as was there. So 22,000 I think it's a rockolic rock solid bottom which the markets have formed. So markets would see some sort of corrections intermediate small corrections but overall trend I think has changed from the recent swing low to positive. So markets would form a higher top higher bottom structure going ahead.

[00:37:59]So I think if you can keep a view of about 10 to 18 months I would say then Nifty as a whole should do very well from current levels. So the riskreward ratio is favorable. These are not the levels uh to panic on a day-to-day correction. So I think hold on your portfolio and uh next 12 to 18 months if you see then the Nifty should do well.

[00:38:18]So if your major portion of your portfolio is from the Nifty stocks then they should they can also do well.

[00:38:23]>> Okay. Got that? So you need to just have a long-term horizon there and don't look at the nifty every day. If it's a long-term core portfolio space, then it would definitely ultimately in the long term perform as well. Uh we have a question. Uh this one is from Diani. Uh she says, "Ruchid sir, I want to buy Ratnavir precision wire. Would you advise to purchase this one for long term?"

[00:38:48]>> Uh so stock is still into a consolidation phase. need to sustain above 180 185 then we can expect a good momentum on a positional basis. So I would suggest to keep it on your watch list. Yesterday the stock did surpass that but uh it's not closed above that nor there is a follow-up move. So I think a closing above 180 is required to change in the trend. Apart from this entire know cable and wire space RR cable is one stock which you can look at if you want to buy at current levels. We have added this stock to our model portfolio as well. Uh technical structure looks quite positive over there too.

[00:39:21]Okay. Um, next we have Kamala writing in says, "Hi Sakshi, I'm a big fan of your show. Thank you so much dear Kamla for writing in such warm words. Truly hoping that you are getting all the right guidance for your investment journey with top experts like Ruchid joining in every week. Um, your question today is regarding Voltam transformer. Uh, you have the stock at 10,256 and you want to know whether you should hold or exit and at what price. then we'll definitely help you with a view here. uh voltam transformer we have already seen um rut some again spike coming in as far as the power demand is concerned of course in the north part of the country we've seen heatwave warnings come in her purchase level is around 10,256 so she's still in profits what would your advice be on hold time should she continue to hold on with her position >> yes she should continue to hold on firstly the sector as a whole has done quite well in this month of April we have seen that in this lag of uptrend there is a good relative outperformance from the sector itself and the stock is also showing a good momentum supported by good volume so clear buying interest is there in the stock maybe you can initially keep a target around 13,000 for the stock when the stock comes to 13,000 just take a review again there >> okay got that uh let's take the next query a lot of our you WhatsApp viewers are also sending us their queries so let's take some of those questions too uh we have a question from Kalpesh from Mumbai He says 180 risky bet to go short in stock.

[00:41:05]So I would suggest I think recent okay Hyderabad say hi Sakshi hope you're doing well very well thank you so much Arun for asking and I hope the same for you your question today is on um CG power 100 shares is what you have bought at 595. Your query is whether you could continue to hold on and what are the long-term targets you could expect onto the stock. So, you're already in profits. Congratulations on that. You had at um you had this position at 595.

[00:42:03]Currently, the stock is hovering at around 810. And uh let's find out in the long term what's the kind of outlook.

[00:42:10]This stock really came in focus uh quite a bit uh with the government's focus on semiconductor chips. Um you know the prime minister also had mentioned this talk uh and therefore uh you know a lot of interest therefore generated for long-term viewer investors uh somebody looking at sunrise sectors and long-term theme the themes that could emerge the stock is also in an uptrend over the last 3 months your suggestion >> so longerterm trend on still looks positive uh after a consolation phase right from October 2024 to recently till February March 2026 we have seen that stock was sideways and recently itself the stock has given a breakout from that consolation. So this should lead to a good momentum going ahead. The technical targets from the long-term threshold positions um for targets of 950.

[00:43:02]>> Okay, got that. Uh let's take uh the next question. Uh this one is from Brides. He says good afternoon to you sir. Stallion India fluochemicals bike.

[00:43:15]Yeah. 162 150 per sh 162 per 142 important. supports 142 stop loss.

[00:44:01]>> Okay, got that. Uh I hope this has helped you out. Uh next we'll take a Rabi Kalra who says I'm from Delhi. KP Current levels 3574.

[00:44:37]Okay, got that. Uh let's take the next question then. Uh this one is also from one of uh the other uh queries that we have from our viewers. Okay. Satyan says good afternoon Business Today television. Good afternoon to you also.

[00:45:00]current dip.

[00:45:04]I believe existing 3600 reward 4400 4450 June 2025 November 2025 recently March 2020 26 4400 4450.

[00:45:46]So either let there be a breakout over 4450 3600 3700 range ratio favorable so I won't suggest to do a okay next time what would you adise here volume.

[00:46:26]So stay invested with your positions.

[00:46:29]>> All right. Okay. Towards the end then tell us where are you finding some opportunities? Is it on the long or the short side? And in this current market where would you still be confident of a smart recovery?

[00:46:43]So see firstly market is not in a downtrend. No let's uh know keep a clear thought on the market direction. We have seen that all prices have seen some correction from this high of 24,600 but that was much required because nifty had already seen a rally from 2 to200 to 24600 mean about 2,200 2,400 points rally was there. So you cannot keep going up uh know in such pace you know throughout the year right. So prices do see a dip but this time as I said at the start of the show crude oil prices have increased rupee has depreciated but there is not much fear but there are hopes or expectations amongst market participants and that's why the broader markets is witnessing a good buying interest. So I think that it remains a buy on dip market. uh any kind of decline should be used as a buying opportunity in stocks we like coal India at current levels where the stock has uh know the structure looks quite positive after recent consolation the stock has given a breakout with good volumes higher bottom structure has started so from a trading perspective they can this can do well keeping a stop loss below 464 short-term traders can go long on coal India for possible targets around 58 to 510 >> right viewers I hope you've noted those stocks down as well always a pleasure Good to have you with us. Thank you so much for guiding all our viewers as always and hope like you said that the markets are not in a downtrend. We'll hope to catch up and be back onto the positive journey yet again after today's blip. Thank you so much for being with us.

[00:48:11]>> Thank you Saki. Thank you.

[00:48:13]>> 23,925 viewers we have come off the day low point. Um for sure we are inching towards again where we opened at 1% lower still for the markets 250 points down but let's see whether there are emerging signs of some pickup happening within the markets. IT index is the first one to recover 6% higher rest of the sectors are still down. Let's see whether things shape up better in the second half of the trading session.

[00:48:40]Thank you so much for joining in onto this special. Don't forget to join me again for the closing edition of Market Today at 3:05 p.m.

[00:49:07]invested.