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Added: 2026-06-03

[00:00:13][Music] Welcome, you're watching Business Today Television.

[00:00:16]I am Sakshi Batra and this is your favorite show Daily Calls. A show that answers your specific stock question on the program in case you care. For the first time. All the WhatsApp numbers are flashing on your screens. Send me your questions here along with your name, location and contact details. As we can get that address with our top market expert who will be joining in on the program. You can also join us on our YouTube platform in case you are watching our show on our YouTube channel Business Today. You need to go to daily calls live and use the comment section there. To send me your questions. I will be happy to address that with our top guest as well.

[00:00:47]We have a very special guest joining in.

[00:00:49]Mr. Anchal Jain joins in. From Lakshmi Shree Investments to share with us fresh takes on the markets and to answer your queries. Anchal ji, warm welcome. Good afternoon to you. Today the market is seeing further decline. Now we seem to be slipping below 23,200. So yesterday 's bounce got phased out very quickly and today a decline of more than 300 points is visible. India VIX is now in double digits. 10% is higher. How are you viewing this fresh selling pressure in the market and do you expect a deeper correction here now?

[00:01:24]Hello, hello to all your viewers, see yesterday we had a good bounce back play, today we did not expect that there would be so much selling but next as soon as we broke 23262 your target is open at 23153 again we are not interested in this short play because as you are showing the chart, it is a very slow and study down move. It is very difficult to earn money in this.

[00:01:47]So we are still sitting. If a bear trap is formed anywhere or there is any short covering, then we will play on the long side, otherwise we will avoid it. The remaining breakdown that has come at 262 has a target of 23153. The target of the breakdown that has come on Bank Nifi is the swing low of your daily chart 52836, so both these levels seem to be getting tested.

[00:02:10]But we have not recommended any short.

[00:02:12]Nor are we in the mood to short.

[00:02:15]Wherever mid cap and small cap have good earnings and relative strength.

[00:02:19]Stay focused there. Look at the new all day Chennai Petro, a new all time high is being made, in the bounce back, Neevapa happened, Mid Corp happened, Bell Rise happened, Welcorp happened at all time high, Metal stocks happened, so on such down days where there is relative strength, focus only on the counters with relative strength where there is tightness, if tomorrow a little bounce back is made then you will see these counters moving very fast by 5, 7, 8%, so keep focus on these counters, as soon as they become better in the support zone, buy them and move on, there is no interest in the stock, we are avoiding them, Region B data of Nifty was expiry yesterday, so a general consensus or idea is that you unwind some of your positions in options because we assume that the options which have become zero or are left at almost one or two, we unwind them, Smart Money, but if you see in yesterday's session, in the day before yesterday's session, the contracts which were short by combining future plus option were around 970000.

[00:03:18]And in yesterday's session, 104981 i.e. roughly 105000 contracts were traded. Only 35000 contracts have been added in short. Whereas the expiry was yesterday. So this shows that there is a build up of short positions in very large amounts.

[00:03:32]So if FIIs get trapped even a little bit, you will see a very sharp bounce back.

[00:03:36]So wait patiently for that trap.

[00:03:39]This trap will be yours in 75 minutes.

[00:03:42]If 53245 is passed on Bank Nifty and 2325 is passed on Nifty, if these levels are passed then a trap will be formed, then you can go long, till then watch out for the lower levels that we have discussed coming, all right ok, so now you have got an overall view of how to look at the market, where to look for opportunities currently and where to be cautious, with this now let us start the series of questions, many viewers are waiting with their questions, so let us take everyone's questions one by one.

[00:04:14]First Rohit is asking from Nagpur. He writes, Hi Sakshi, hope you are doing well. I am very well. Thank you so much Rohit for asking and I hope the same for you. This is what Anshul ji wants to ask you on Caplin Points. The current market price of these is 1963 and we want to know from you whether it would be advisable to buy at the current price or not.

[00:04:36]Look, I will not do it in this counter.

[00:04:38]Everything is good though. 65 Days Bullish Pattern Breakout.

[00:04:44]Your breakout came on 14th May. The volume rise that day was also 2600% to 2.3 million but it has been 36912 days since then. There is no follow through move. Rather, it is coming down by rejecting 274. So existing if you have long, place a closing basis stop loss of 1939.

[00:05:05]After this breaks, the down side will be seen opening up.

[00:05:08]If fresh buying is to be done till 1796 in any case, then at least the close will have to be above 2090.

[00:05:14]Then you will get a target of 2300. So avoid it now. If you have an existing position then take a stop loss of 1939.

[00:05:21]Fresh buying should be avoided.

[00:05:24]Ok Rohit I hope that this has answered your question. Not necessary. Every time you see a breakout, it is a signal to buy and here Anshul ji has explained very well to all the viewers who often see breakouts as a new opportunity, that if the follow through move has not come then what kind of strategy should you make. Let's move ahead. Amit's question is from Kolkata. Write Hello Sakshi Ma'am and Hello Anshul Sir. I want to say this about the show. This show has been very helpful. Thank you so much Amit for writing in warm words.

[00:05:59]He has invested in PPL Pharma. Anshul ji, about whom we have often discussed during this show. He bought 1600 shares at the price of Rs 174. Now I want to know from you what strategy should you make next.

[00:06:14]Let me give you an update first. You may remember that we had initiated Jammu & Kashmir Bank at ₹17, thinking that it would reach an all-time high.

[00:06:20]Today an all time high has been hit, so book at least 35% of the position and for now after booking the position wait for some consolidation or you will get it at 132 in dip, after consolidating, when it breaks out above 147 then buy again, the target of 170-175 is intact but once a trade is completed in pillar to post, then book 75% profit in it and wait for consolidation again, you still have the inside mark formation in PPL Pharma. It had punctured the 50 week moving average in the week of May 4th and at that time the average volume was 31 million and when it punctured it had broken almost double of 10 week moving average of 70 million. The high of that candle is 196 and the low is 157.

[00:07:10]This is the fourth week within this range and probably 78 weeks will be spent in it.

[00:07:15]Eventually, I am assuming that there will be an upside breakout from 195, 220 and 240 will be your short term target and the old targets of all time high are intact as it is, so go slow and study and accumulate, never take the entire quantity at one time, in PPL Pharma, add 25% at one price and keep adding on dips so that you get trading opportunities also.

[00:07:36]Ok? Let's take the next question.

[00:07:39]This question has come from Manish. He writes that he wants to ask them regarding Laurus Labs. Call option of 1420 has been taken at 24 and currently its future price is at 1392.

[00:07:51]Where do you see Laurus Labs going next week? This is his question to you.

[00:07:57]See Laureus Lab Standard Disclaimer 115 from media platforms by given.

[00:08:02]I remember it might have been discussed on your channel as well. The target was 1400 and it is being completed.

[00:08:06]So right now I am not in the mood to make top predictions.

[00:08:09]I would stick with a trailing stop loss. The daily swing low is 1356. 1356 will be your trailing stop loss.

[00:08:17]14420 will review this zone once.

[00:08:20]If any rejection or profit booking candle is seen then profit will be booked.

[00:08:25]Otherwise we will move the stop loss further upwards because remember we were moving that pharma at ₹2000 and it had moved up to ₹2400, hence we moved upwards with the help of trailing stop loss. Let us take the next query and this question has come to us from Kashyap, he writes, Sir, I have bought Tejas Network, I have 1380 shares, the price is 59, should I still hold it or should I exit?

[00:08:52]Look, Tejas Network also, as far as I remember, as it is written on the chart today, it was recommended on media platforms at 525 and 490 with a target of 450, that has come.

[00:09:02]Now if you want to book profit then do it on small quantity. But this 554 should be held for a while by placing a closing basis stop loss.

[00:09:11]If this momentum can consolidate for a couple of days. But this momentum can take the cost up to ₹620. So instead of predicting the top or setting a target, peel out a little bit of the position and place a closing basis stop loss of 554 on the remaining position.

[00:09:27]Okay, let's take the next query and this question has come from Sudhir Lakhar. They write Hi Everyone How are you? We are very good Sudhir thank you for asking. His question is on BHEL. He bought it at Rs 48.

[00:09:40]He has 200 shares. Should I sell this stock and continue to hold for the long term? What would you advise me on this?

[00:09:46]BHL Currents at 398 See I went a little wrong in BHL.

[00:09:53]When the breakout came around 270, we changed our view for around 350 level and it is currently sustaining above that level.

[00:10:02]I would suggest that again, instead of predicting the top, give it some time.

[00:10:06]Give me some space. If this stock closes below 386, then hold the round figure of 385. If it closes below 385 then book profit. Then it will come to the zone of 334 36.

[00:10:18]If it doesn't, there will be a bit more momentum stretch. 430 435 Please ask your question once in this zone. But definitely take a stop loss of 385.

[00:10:28]Ok. The next question we have is from Devendra. He is asking about Go Fashion that he has 2000 shares. The average price purchase is 260. Now I want to ask can I buy more at the current levels and should I sell what will be the impact of the government reducing the import duty on cotton? Will it have positive and negative impact on to the stock as well. Ok Devendra we will try and understand from Anshul ji what his thought process is regarding go colours and go fashion.

[00:11:00]Fond of textile space but it is more in retail space. You see, we have already seen a rally of up to 35% on this stock in the last 1 month. If your average purchase price is Rs 260, then it means that you are making a good profit.

[00:11:14]Anshul ji, what should I do now in G F? Even today, if we look at the session, a jump of up to 11% is being seen. The volumes have come out well. How do you see this stock going forward?

[00:11:25]See, the rally from the bottom in Go Colors has been very good but the problem is that the fall that happened from the top, if we look at it in extreme short term, then 75% correction happened in 10 months and if we look at it from almost all time high, then 83% downside has come, this is only a pullback, it can probably stretch till 428 but should we buy from here till 428, I would not suggest buying but if you have it then hold the stock with stop loss of 351 and 4 exactly 429, ask questions on this, those who are saying that the cotton story is good, the story is building but it is building, in Arvind Limited, KPR Mills, where the charts are good, we had given buy in Arvind Limited, where the targets have been achieved, fresh buying is being given on KPR Mills, right now we have given against disclaimer to our clients, KPR Mills buy has been given in it, breakout of 71 days Apnaal pattern came the day before yesterday 973 p. The first target is 1028. The second target is 163. So clients can have long. The story in this means the story is good but chart wise it is better. So Story Plus Chart if we take the combination of both is in Arvin Limited. KPR is in Mills. A little move in Indcount has become longer.

[00:12:46]We had said goodbye to that too. If 20% has gone then let's leave it. Right now it is at the place where KPR mill is operational. So at this time your focus should be on KPR Mill.

[00:12:55]If you want to play this cotton story.

[00:12:57]Ok. So, if there is any favourite pick in the textile space, it is KPR Mills at this time where the charts are also looking good and this stock is currently standing at the time and price of buying.

[00:13:08]Now let's move ahead.

[00:13:10]Write Anuj Singh's question. He writes, Good afternoon everyone. Good afternoon to you all.

[00:13:17]Asking this over the Swajnex Micro System.

[00:13:20]They have 100 shares at the rate of Rs 1700 and are asking you for a target of 1 year. CNX: If we look at the last one or two days, this stock has also seen a move. How do you see Cornnx Micro now? Currently, if we look at today's price, it is up by 1%. At 1825.

[00:13:36][Music] In the last five days alone, we've already seen a move of 22-23%. So the stock has been in momentum for the last week.

[00:13:45]See, if you look at Connex Micro, there was an 8- month consolidation of 999 at the bottom and 1357 at the top. After the breakout, the swift upmove completed the targets in just two months.

[00:13:57]But again, the target has been completed, so instead of predicting the top, take a trailing stop loss. You will go a little deeper now because the swing low has not been formed, so we will take the previous swing high of 1624. Trail a little with the help of a stop loss of 1624 because if this momentum is carried forward, which seems to be happening because institutional volume is also in follow-through action, then you can get this stock till 2100. So, you should hold with a stop loss of 1624. After reviewing at 2100, okay, let's take the next query. And this is a question from Rishikesh, he writes, Hi Sakshi, Hello Anshul Sir, I have ₹50 in cash and I have a 3-month time frame, what can I invest in right now? So Anshul ji, I want to ask about your choice where you would like to give advice for the next 3 months, if you have any opinion about purchasing something fresh, you want to invest ₹50,000 in the market.

[00:14:52]Look, if you have to buy for the next two-three months, then I would suggest that you first stay safe in mid cap and small cap because you are not able to identify the relative strength.

[00:15:00]You guys are very raw about stop loss also.

[00:15:03]So stay away from mid cap and small cap at this time because many sector things are going on. Better go for large caps.

[00:15:11]In this [sound of clearing throat] zone, accumulate Axis Bank, ICICI Bank or Bank Beas, you can accumulate a little bit, Tata Steel or Metal Beas, keep accumulating a little bit every day from here, in the next three months, the banking sector and the metal sector will give you a lot of money, I am a little more inclined towards banking, so accumulate a little bit here, ICICI Bank, Axis Bank, Axis Bank are near all time high. As soon as there is a bounce back in Bank Nifty, it will hit an all-time high and by the time Bank Nifty hits an all-time high, HDFC Axis Bank will be 15-20% above its previous all-time high.

[00:15:47]Best pick Axis Bank Second best Indusind Bank Third best ICICI Bank If you want to play absolutely safe then Bank Beast which is the ATF of Bank Nifty.

[00:15:58]What a thing, focus on banking space, completely different picks have also been suggested to you here by Anshul ji where you can invest right now. Next question will be from Jatin Dave. He writes, Hi Sakshi, good afternoon. Please give me a fresh view on purchasing E to E and also Silver Bees for the next six months.

[00:16:18]Ok?

[00:16:20]Anshul ji, we have mentioned this stock about E2E Networks many times before.

[00:16:23]What will be the opinion on fresh purchases at current levels? Down 4.5% today at 4129. And if you want to invest in Silver Bees, is this the right time?

[00:16:35]See, both his questions are FOMO related. Fear of missing out 2400 pe multiple times e toi recomended kiya tha. 4405 was our target. That test was conducted in today's session.

[00:16:47]So here we are selling to the clients to book profits in E2E network.

[00:16:51]When the base is formed again on dips, then we will buy again. So it is not out of sight but is currently out of pattern. When a new pattern is created, enter it again. The long term targets are all time high 5487 and 9000 as it is intact but because from his question it seems that he is a short term trader, so the opportunity for short term trading has just ended in today's session. It may take at least seven to eight weeks for a new development to take place. His second question is on Silver 20. I am still bearish on gold and silver here. At least there may not be much downside but upside also does not seem to be coming. So both are trades of your FOMO. First correct your psychology and avoid both these things.

[00:17:30]If you have to stay for three to four months, the banking space is completely down.

[00:17:34]Bottom fishing should be tried here.

[00:17:36]Ok. Next query we have. This is Ram Shankar's question, he writes that Anshul Sir, I have taken Bharti Airtel call option for 30th June of 1860 for ₹25.50.

[00:17:51]What is your outlook here?

[00:17:53]See, first of all, if you have to work in AO, I do not suggest it, I mean personally, because it also gives so many disclaimers that out of 9 to 10 people, they make losses.

[00:18:03]First of all, I do not suggest it, still if you have to do it, then do it at least in high beta counters because in option buying, you need quick momentum.

[00:18:10]Bharti is a low beta counter, so Bharti is not at all for option buying, rather it is a very good counter for option sellers.

[00:18:16]Third thing, currently it is bouncing back, it can bounce back till 1850-1860 zone. The major resistance there is the 20 and 50 day moving averages including the 10 week moving average. So you should exit every type of long there once. So again, it is difficult to say how much your time value will erode by the time you reach that level.

[00:18:37]But one should exit from long at that level.

[00:18:41]Ok. Let's take the next query. The question of truth is next. And they write good afternoon.

[00:18:47]Thank you so much for your show. Thanks a lot Satya for writing in. I don't think you have sent any question but just this compliment for the show. Thank you so much.

[00:18:57]Next query is from Raghu. Hee Sez Hi Sakshi. I have boat Astra Micro in my portfolio at 1354? Could you please help me with a target and stop loss for the next 3 months. Again this stock has performed well in the last few months.

[00:19:13]And now want to ask target and stop loss on Astra Micro for next 3 months.

[00:19:19]And see, in this also there has been a breakout of a rectangle pattern of 50 weeks and a couple has also formed inside the rectangle and the stock is looking good, there is a breakout above 1182, it had moved almost 20% in the last week, there is a pullback in the current week [sound of clearing throat] in the pullback also it can come down to 1182 to retest the breakout or 20 day moving average 1229, support can be found here also, we will be in buying interest anywhere in this zone 1229 1182 if there is a shallow decline in this zone then we will be interested in buying. The target for the breakout of this cup needle pattern or rectangle comes around 1600. Currently in Pulbak. Please wait. I will buy when a buying opportunity arises.

[00:20:01]1700 1600 This zone appears to be going.

[00:20:05]Ok. Let's take the next question. This question is from Vineeta Gupta. This is what I want to ask you about Affle India and also about Most Chip Technologies, which one is better for the medium term? Where would you recommend buying?

[00:20:19]I won't pay for both. Both have buying climaxes and Apple India was only a pullback.

[00:20:24]In Pulbak, it fell 50%, or 42%, in 124 days.

[00:20:27]Its 50% retracement was 1648 which was tested on 11th May and from there it is falling again. This will intensify, below 1420 the target will open at 1060, that is, from where the bounce back started at 1262, it is also seen breaking this and coming to 1060.

[00:20:44]So I would completely avoid this stock, same as we mossip mossip, until the buying climax level of 240 is not reclaimed, I will completely avoid it.

[00:20:54]Although there is a cup and a nandrel pattern, it has also not got a follow through move.

[00:20:59]So if it crosses below the level 197 then the down trend will resume, if it stays above 240 then we will review it once again.

[00:21:08]Ok. Let's take the next question and this question has come to us from another of our viewers, Neha Khanna. He writes, Hi Sakshi.

[00:21:16]Can you please get me? Anshul Saras view on Tata Technologies? I have 180 shares at 690 hold and exit. What should I do on Tata Tech?

[00:21:25]See, this is in my personal portfolio, so there will be no recommendation for this buy sell stop loss target, but yesterday the resistance level of 740 was tested and [sound of clearing throat] a reaction was expected from here, which is coming, so now if this reaction gets reversed in a day or two, then I would hold my stock for 778, if this failure gets confirmed a little here, then I will exit, again remember you cannot sell the top of any rally, you will have to place a trailing stop loss, so the trailing stop loss is somewhere around 700. If it closes below 700, I will book profit and exit. Otherwise, if the second leg of this consolidation moves to 778, then I will consider booking profits there. So no buy sell stop loss is advised as it is in personal portfolio. OK got that.

[00:22:10]Let's take the next question. This one is from one of our viewers Ravi is from Delhi. Let's see.

[00:22:16]Hello Sakshi ji and hello Anshul sir.

[00:22:19]I am holding AGS Logistics 200 shares at 847. What should I put here in the short term view?

[00:22:26]G is nearing the breakout of a cubed pattern or pattern in the Edges Logistics.

[00:22:37]Currently, failure is visible on the weekly chart but there is an inside bar on the daily chart. So I will give the benefit of the doubt. There may be consolidation here for one to two weeks.

[00:22:46]In the next leg, when it closes above 780, then you can consider buying. Then if this breakout is confirmed, the target of 870 will open. But I would not suggest buying before Rs 780.

[00:22:56]Ok. The next query we have is from Aniket. He is from West Bengal. I want to ask about Gujarat Gas, it was purchased at Rs 418.

[00:23:05]But it neither goes above the 200 EMA nor is the selling volume high. So what should be done about the stock?

[00:23:15]Look, it's bouncing back. Bounce back had 329 379 sweeps. Higher low is being made at 379 only.

[00:23:21]So there is a probability of going to 443 and 50% retracement to 454. So if you want to play till there, you can do it. The rest doesn't look very good.

[00:23:31]Now see how well ATGL has performed in the same period. If these stocks do not perform well, MGL, IGL and Gujarat Gas, I will not prefer them. I would prefer to buy ATGL on dips.

[00:23:42]Ok. Lavekesh is here with the next question. He writes, Hi I am a big fan of Anshul Sir. I want to ask him his view on Cochin Shipyard. I have this stock in my portfolio at 1900 levels. The stock made a high of 1800 in May. What is the outlook? The tailing stop loss at the Kuchan shipyard has been cut [sound of clearing throat] at 1677. So this profit booking is going on.

[00:24:08]This profit booking will come down. First your gap to fill is gap 1372. So at the moment I see high probability.

[00:24:17]1372 will come to fill the gap. If this stock gives any bullish evidence after gap filling then I will consider buying it, otherwise I will completely avoid it. In this entire PSU buying climax, Cochin Shipyard is the only one which is very sorry which ship? This Chennai Petro Chennai Petro is the only one which has been reversed in a very good manner.

[00:24:39]I am not interested in the remaining counters.

[00:24:41]Ok. The next question we have is from Satyan. It reads, I want to send best wishes to the entire Business Today team for the wonderful show. Thank you so much dear Sathyan for writing such wonderful words for daily calls. He says I want to ask control sir about it stocks. For Source Solutions I have in my portfolio at 328. For C Corez also I have at 1386. I want to know whether I should average these stocks.

[00:25:11]And should I also buy Nippon IT ETF right now?

[00:25:17]Look, I can understand their psychology that you have bought it at a high price. You want to average it by buying it cheaply so that you can get it at the average cost. So, this is not the only way to average that if you have bought something for ₹200 then buy the same thing for ₹100 because remember RCom, people kept averaging from ₹700 and today it has been delisted.

[00:25:37]It is never a good strategy to average down losing stocks. There could be another way also that you assume here that you have taken IOC. In IOC you got ₹40 profit or 20% profit in percentage. You can set off this loss from that profit.

[00:25:52]So why buy losing stocks? You should invest your new money in other sectors or leading sectors or where the value is high and the price is low at present.

[00:26:04]Why go back to this dead counter?

[00:26:06]So it is better that if you have new money, you should average it by taking oil marketing companies or banking stocks. Whatever profit you get from that, book the loss here in the next four months. If you book the same amount of profit here, you will break even.

[00:26:19]Suppose you have an amount of capital and here you make a profit of Rs 400, then you book a loss of Rs 400.

[00:26:25]A certain amount of yours will be empty and the capital here will be empty.

[00:26:30]Mix both and then invest in any trending stock.

[00:26:32]Then set off the profit there with the loss here. Never average a losing stock unless it is in a huge bull run. It's fine till then.

[00:26:40]All this is visible in the bear run, so I am not bullish on IT stocks at all.

[00:26:45]If the doctor has written it exactly on the prescription then buy ITB near 28,300 and book profit in it near 32300.

[00:26:55]Okay let's take the next query and this question has come to us from Suraj from Kerala. Tata Motors is focusing on passenger vehicles.

[00:27:03]He has 600 shares at 539.

[00:27:06]What would be your view here? Tata Motors PV You see, as soon as the level we had discussed in Nifty, 23153, was tested and from there there was a sharp bounce back of about 80 points. So that's why I wasn't interested in the short at all.

[00:27:23]After the levels are tested, there is an equally strong bounce back. I will still repeat the same thing.

[00:27:28]Wait for a bear trap: If a bear trap is formed above these levels 23,255 and 53,245, then you can definitely go long. Now come to Tata Motors Passenger Vehicle, 394 387 resistance zone was tested. It is accumulating. Any negative reaction may come but this is not a negative reaction.

[00:27:50]Slight profit booking or downward reaction is what has happened after the resistance was hit. In whichever week it decisively closes above 395 and the target of 420-430 zone opens, then it should be held now.

[00:28:04]Ok the next query we have is another one from our audience his is from Vadodara Kaushik writes Anshul Sir how do you like Escorts Qubota if I am a long term investor should I buy it at current levels?

[00:28:20]Look at a little bit in Esq, this stock did not perform very well. The last high it made was in October 2023, when it went slightly above it and has been continuously within a range since then. Currently going around the lower end of the range. 2600 is the lower end of the zone. It can reach there. But if I have to buy auto stock here. I would anyway prefer Hero Motocop. Here the channel has been formed on the weekly chart, December 2025, that is, it has been six months since the falling channel has been developing, Bliss CVS is at the lower end of the channel, remember on the daily chart when a similar breakout of the falling channel had come in Bliss CVS at 220 on the daily chart, from there the stock is standing at 440, almost double, so I am expecting the same thing in Hero Moto because it is a large cap, so much doubling will not happen immediately, but slow and study this stock, you will get 7000 dot levels. So the down side is limited. The upside is enormous. So in auto stocks I would prefer to pay weight on this.

[00:29:24]Okay got that let's take the next question. This one is from Nitin Aaradhya he is from Bor and he says I want to know about DLF. I have DLF in my portfolio.

[00:29:38]My current price is 1% higher than the current market price. What is the outlook on DLF sir? You should exit. Now you will get the price in bounce back. The market is bouncing. Your stock will bounce back too. You will get the price.

[00:29:51]Please exit. The 10 and 20 week moving averages have been rejecting for the last seven weeks. If 60 is broken decisively then you can go long till 652.

[00:30:02]Ok. Got that. I hope you are completely satisfied here too.

[00:30:07]Whatever advice is being given to you, you should follow it. The next question is from one of our viewers.

[00:30:13]He has not written the name but is asking above aana farma.

[00:30:16]If you can suggest a target and stop loss, Ajanta FMA Ajanta FM, look, I like this stock but there was a good breakout in NCO Pharma.

[00:30:29]Made a good breakout in Mankind. The pattern is still in development in this stock.

[00:30:31]94-95 weeks have passed. There is development of the pattern. Case technology as per which the pre-pattern failed.

[00:30:40]I wouldn't prem the pattern. I will still wait for confirmation. If it closes above 3270 then the breakout will be confirmed. Then this stock will go to 404200. Till then it will most likely be seen consolidating in this zone from 2700 to 3274.

[00:31:00]So it is better to avoid it now. When it breaks out above 3274 then buy. And it looks like pharma stocks will now go into a 7-8 month consolidation.

[00:31:11]Ok, good. We hope that you will definitely follow the advice given to you here.

[00:31:16]Next, before taking the remaining questions, let us also discuss IPO.

[00:31:22]Anshul ji, after a long time a new IPO has opened today. CMR Green Technologies IPO and we often take your opinion about IPO as well. So this company is the largest non-ferrous metal recycler. Based on its capacity. Today this IPO issue is open which is worth Rs 631 crore. This is a complete offer for sale.

[00:31:46]Its price band is ₹182 to ₹192 per share.

[00:31:50]And retail investors will have to invest here for at least a single lot size of 78 shares.

[00:31:56]This company was incorporated in 2006 and some brokerage houses have mostly given it a subscribe rating because they believe that it is the market leader in aluminium recycling and has a strong niche in liquid aluminium supply.

[00:32:14]However, some concerns have also come to the fore such as its revenue is too dependent on certain aluminium products. The top five customers account for 1/3 of the revenue.

[00:32:27]Some concerns of this kind have also come to light. But let us take an overall view from Anshul Sir whether you should look for an opportunity to invest in CMR Green IPO or not? Because it is completely an offer for sale. Do n't forget this also because the company is not getting money. Selling shareholders are getting it. Mr Anshul.

[00:32:45]See, whenever the sector is very strong, the stocks perform very well. At that time, IPO means high valuation or everyone wants that their goods should be sold at a high price. So I am not in the mood to give exit to these promoters. If this money was going to the company, I would have had full interest in this counter. 100% OFS.

[00:33:05]Above 25% is where I start seeing red flags.

[00:33:08]Either it is 100% OFS then I would not suggest but if you have to apply for one lot and you do not mind 5-7% up or down in listing gain then that is a matter of trying your luck but I would again prefer to stay away from it because if it is total OFS then the red flag that comes for us is above 25%, it is completely going into red flags, so I would completely avoid it, this IPO is coming after a long time and that too in that sector where there is highest momentum and promoters are looking to cash in, so I would not provide exit for them.

[00:33:40]I will avoid it. We will avoid it. For now, I advise you to skip this opportunity. Gaurav is from Gandhinagar and he writes this, Hello ma'am I am a big fan of Anshul sir. I want to ask about Aeroflex. There are 500 shares at a price of Rs 420. How does this stock look from a technical point of view for the next 3 months? Anshul sir?

[00:34:02]See, Aeroflex is looking very good but there is a base pattern, the breakout of the base pattern came at ₹225, from there it made a high of ₹458, now after the extreme run up, this is the fourth week where there is an inside bar, probably for the next four weeks and this inside bar can remain to catch the 10 week moving average, after that if there is a breakout then there will be a good upside in the stock, so the stock is looking good but it is still far from the base pattern, if a new base is not formed then I would wait for four to eight weeks. If a good base is created then interest will come.

[00:34:35]Ok. Next is Varun Parik ji writing from Ahmedabad. Thank you very much Varun Parik ji for your appreciation and I want to ask you Anshul sir that when will the stock market recover?

[00:34:50]Please explain in Hindi. This is their request that when will the market recover?

[00:34:56]Look, I have only one suggestion for them. When you have expectations from the market, you get into trouble. Do n't have expectations from the market.

[00:35:06]Listen to what the market is saying to you. The market is telling you to only use monthly charts. Whatever index you wish to have, Nifty Bank Nifty Finance Auto Middle Mid Cap Small Cap Dow Jos Nst Rush, Taiwan is our neighboring country which does not have money for flour and pulses, put its index also, you will see that also in long term up trend on monthly chart, so long term your trend is up, short term you get this volatility to accumulate, remember when Adani was in the most trouble, we were advising him to accumulate the most. Today when the whole village is asking to buy, we are sitting here at 30, 30, 40, 40, 50% profit. So if you accumulate during difficult times, you will get profit in good times. Don't expect this.

[00:35:55]When will it take to recover? It seems you have been assuming it for six months. If you sell it after six months and recovery happens in the seventh month, then there will be a difference of only one month.

[00:36:04]So I was saying the same thing while taking Adani.

[00:36:07]Good stocks like mid cap and small cap never accumulate. He just broke pillar to post trade over. Either it is over if the stop loss is reached or it is over if the target is reached.

[00:36:15]You can accumulate large cap stocks from here.

[00:36:20]Keep your banking savings well accumulated. It doesn't matter if recovery doesn't come in the next three months or six months. Whenever Bank Nifty comes, it will give you a move of its all time high plus 10% extension. It depends on you how much money you will be able to eat. So stop worrying about recovery. Keep investing in slow and study banking here. You will easily get all time high. But if you go to do the timing, you will also be in pain and you will remain troubled by asking questions. So it is better to accumulate and if you are trading then play breakout in mid cap where there is relative strength.

[00:36:52]Either stop loss will come or target will come. So that is a different approach to the market, they also earn money. This is a different approach to accumulate during the fall and sell at a higher price. We did it in LNT, Titan, Medal Stocks, Kotak Bank, we did it in everything. So the same strategy is more effective for you as a retail investor that is to accumulate on dips.

[00:37:11]Like Asian Paints, which was below its all-time high, has rallied by a good 30% from the bottom.

[00:37:16]So now you have got that opportunity which you missed in Adani Stocks, LNT or Titan. Right now he is into banking stocks.

[00:37:23]Axis accumulate, Indus accumulate, HDFC accumulate, I like HDFC a little less. Accumulate ICICI or accumulate Bank Twenty.

[00:37:31]You will find all the stocks at all time high.

[00:37:33]But don't do timing.

[00:37:35]Take it comfortably and leave it here. If you get a little more dip, keep adding it. If you are a trader then keep leaving it little by little on the rally. But as an investor one should play for all time high.

[00:37:45]Let us hope that you will follow what has been explained here completely as a strategy and soon the market will start recovering.

[00:37:57]If you see, the market has already recovered from the 150 point lower levels I think.

[00:38:04]Now there is a weakness of 160 points left in the market.

[00:38:08]I had also said this in the 10:00 pm show that like yesterday, you may see a mirror view in the market today also. Yesterday there was a complete decline in the first half and there was a strength seen in the second half.

[00:38:20]And you see, as soon as we've gone past 12:30. There was a recovery trend in the market.

[00:38:26]And as Anshul Sir told that if you look at the banking space, if you compare the charts of Nifty and Nifty Bank, then you have seen this recovery coming directly because of Nifty Bank and in that too because of private sector banks. The index of private sector banks is going to be absolutely flat to positive and Nifty Bank is also in the bullish trend with a tremendous rally.

[00:38:48]Look at the private banks jumping up to 0.1% and in the beginning of the I Think show itself, within 10 minutes, Anshul Sir had told you about his favourite banking stocks where he gave you his opinion, he had seen buy opinion in Axis Bank, Indusind Bank, ICICI Bank.

[00:39:06]Now look at Axis Bank which is at its highest levels of the day.

[00:39:10]HDFC Bank is at its highest levels of the day and if you look at Indusind Bank, ICICI Bank, you will see all these stocks at their highest levels of the day. And Anshul ji, thank you that you had identified this trend half an hour ago and conveyed to all our viewers that you should invest in banking shares and today itself we are seeing that recovery immediately within half an hour.

[00:39:36]How are you seeing the market?

[00:39:39]Look, Bank Nifty has reached a new day high.

[00:39:41]Nifty still has some distance to cover.

[00:39:44]I will always tell you the same thing again.

[00:39:47]Keep the focus on the data.

[00:39:50]If the data is not matching with the price action, then work with caution and when both are aligned, you can trade well. That is why I had you note down the trap levels at the beginning of the show because the data is sitting in the extreme oversold zone, so from here there is more of a rise than a fall.

[00:40:05]As soon as the trap levels are crossed, you will see a great rally coming. I believe that if Nifty closes at a new all-day high, I will not be surprised. Today's day is 2347. OK got that.

[00:40:17]Let's move ahead. I'll take some more questions. We are constantly getting questions from a lot of viewers. A OK, a question has come on KPR Mill.

[00:40:26]This has already been discussed by sir.

[00:40:28]So let's move ahead.

[00:40:31]A question from Ravi has come on Whatsapp. This is his buying of 1570. What should be done in Watak Wabag Anshul Sir?

[00:40:39]Look, you should hold Wabag right now.

[00:40:41]Note the level once. 1675 167 Currently running 1552.

[00:40:47]Ask the question once again at the level of 1675 and if you are holding then take a trailing stop loss of 1490 and hold, it seems to be coming till 1675.

[00:40:57]Ok? We have the next question. Another one is our audience. A question has arisen regarding KPEL.

[00:41:08]What should be done about these in KPEL? I want to ask you whether you should buy it or not.

[00:41:15]Currently, KP Energy share is trading at Rs 351. I am feeling a little weak today.

[00:41:21]Should I buy it Anshul sir?

[00:41:23]See, we had done a lot of buying at KPL below 270-275 levels. The upper one was also kept. We have also bought the lower one and you will remember that since the earnings came around 8th May, we have been advising profit booking. It has fallen from 425 odd level to 334. There is a level of 334 where if a double bottom is formed then I would like to buy or if there is a breakout of 380 then I would like to buy. In both the situations the target seems to be all time high. Sorry weekly swing high is visible which is at 567 odd levels. So, do not buy now in 333 334 zone or on breakout of 378 sorry 380.

[00:42:04]Ok. Let's take the next question and this question has come to us from another of our viewers through YouTube, he is connecting with us on Bell Rice. Yusuf wants to ask what should be done sir? What is your view on this stock?

[00:42:22]We have been discussing this continuously since the time of Well Rise IPO and you also had a buy on it. We had taken a view before the IPO and you had chosen Bell Rise among all the other IPOs in which investors might have seen multibagger returns.

[00:42:34]How do you see the current situation now?

[00:42:39]Look at the bell rise coming around the breakout point.

[00:42:41]Almost 1 2 3 4 5 6 7 is the eighth week of consolidation. There is closing in the side range. 22 225 This is the zone of resistance sorry 222 226.3 This is the zone of resistance. If the closing is above this on the weekly chart or even on the daily chart, a single close is made, then you should buy. Right now the structure is positive. Fresh buying will be made above 226. Existing longs will have a stop loss of 2004. In all these cases, if there is a breakout above 226 then targets up to 250 will be achieved.

[00:43:16]Ok. Let's take the next query.

[00:43:19]Abhimanyu Kumar is He writes, Sir, I have bought JSW Infra 258. Now as this stock is going down what should I do?

[00:43:30]So I missed the name of the stock.

[00:43:32]Buying of JSW Infra 258.

[00:43:36]See, JSW Infra is in my personal portfolio. So I will not comment on this. But there is good consolidation. There is a week of consolidation from one, two, three, four, five.

[00:43:45]Or I'm just going to tell you what I'm going to do now. Either if it gets around 256 then I would add my quantity or if it gives a breakout above 285 then also I would add my quantity. In both cases, my target will be 326. So there is no advice on this pay buy sell stop loss target.

[00:44:05]For my personal portfolio.

[00:44:07]Ok.

[00:44:08]Next question is from Ravi. This is his position in God Free Phillips with a buying of Rs 2200.

[00:44:14]Want to ask what to do next? You should exit once. It did not get support at both 20 and 50 moving averages and came down and anyway you should not have it because from where buy was suggested, the target of 2488 was completed but follow through was not found and now it is coming into liquidation.

[00:44:31]So to fill the gap in liquidation, someway around 20073 can come.

[00:44:36]So once you reach the target, either book profit on the target or follow the suggested trailing stop loss very carefully because after trailing stop loss, liquidation comes very fast.

[00:44:50]Ok the question is our viewer Babul ji has 100 shares of Swan Corp for Rs 430. Now I want to ask you what are your future expectations on this stock?

[00:45:04]Look at the tone, it has formed a good distribution pattern near the all-time high in the zone of 772 737 and when it broke down in January 2026, it has been in free fall since then and it did not make profit in the March quarter, otherwise there was a loss in December and September, so a bounce back can be seen till 362 but the day it broke 295, the down side in this stock will be formed till 25, it should come by bouncing back or it should break from here, 295 seems high likely to me at 25.

[00:45:35]So if you get a rally in the zone of 240 26 340 362, ask the question there. Most likely exit will be advised.

[00:45:43]Alright, let's take the last question from our audience. Sai writes from Hyderabad.

[00:45:49]Sir, I have taken it on BEL 443. I am a long term investor. What should I do? Should I hold it or sell it?

[00:45:58]See, the breakdown of the pattern in BL is at 420 level and 400 is the final trailing stop loss on the weekly chart. Whoever has bought the breakout, below 400, liquidation will start coming clearly on the weekly chart, so hold on now, leave ₹6 from here, place a weekly closing stop loss of 398, exit clearly below that, otherwise once it bounces, you will get 430 425 430 zone, ask questions there, ok alright, thank you so much Anshu ji for staying tuned, thank you very much for guiding all these viewers with all these queries. As always we appreciate your presence on daily calls.

[00:46:36]Every week there are so many fans who love to get connected with you and learn from you from the advice that you always share. So always a pleasure. Thank you so much for being with us. We will now look at wrapping up ah the daily calls edition. We are at 23,300.

[00:46:51]You know there has been a reversal. Weather We Will Stay The Course Improve Better From Here.

[00:46:55]And there will be some selling pressure at higher levels. That's Something That Remains to Be Answered. More 2 and a half hours remain for the session today. Let's see how things really pan out in the session. Stay tuned to Business Today Television. There's Much More Coming Up on the Markets Right Ahead.

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