Rakesh Jhunjhunwala

@rakeshjhunjhunwalas


We track the latest multibagger stocks & trading strategies Visit us at https://rakesh-jhunjhunwala.in/

Rakesh Jhunjhunwala

23 Oct, 14:29


CLSA's Expert on Technical Analysis says the Nifty is poised for a nerve-wracking plunge of 1,000 points in the next 20 sessions i.e. by November. The Nifty is presently at 24,435 (down 7% from ATH of 26,277) & its target is the 200 DMA level of 23,300 https://www.youtube.com/watch?v=dVilKKcgB-o&t=1s

Rakesh Jhunjhunwala

23 Oct, 13:56


Last Diwali's recos gave return of 38.5% vs Nifty's 28%. Target Achieved in 7 out of 9. This year, 9 Long Term Stock Ideas with up to 38% upside potential are recommended. All Cos are in leadership position with high growth potential & reasonable valuation https://rakesh-jhunjhunwala.in/9-long-term-stock-ideas-with-up-to-38-upside-potential-by-axis-securities/

Rakesh Jhunjhunwala

23 Oct, 04:39


Goldman Sachs has downgraded India to Neutral from overweight due to slower economic growth, corporate profits & high valuations. Nifty target is reduced to 27,000 from 27,500. There is no risk of a significant price correction. There will be a time correction for 3 to 6 months

Rakesh Jhunjhunwala

22 Oct, 17:28


Ashish Kacholia says his portfolio of small and mid-cap stocks is down 17% so far in October. "Hawaa nikal gayi hai, dum bacha hi nahi ha," he joked. "All izz always well...I am born to take equity risk," he later added. The portfolio is presently worth ₹2800 Cr.

Rakesh Jhunjhunwala

22 Oct, 15:07


Put buyers made enormous gains today. Trader @GripFangWolf reported verified earning of ₹1.26 Cr. He also reported verified earning of ₹1.34 Cr on Oct 7. He says he turned profitable recently after 2.5 years. His account was down to 7.64 L just a month back & is now ₹2.69 Cr

Rakesh Jhunjhunwala

22 Oct, 11:45


Last year's Diwali picks delivered astonishing returns with a 100% strike rate. All 10 recos achieved their target prices & delivered average 27.2% return with average holding period of 120 days. For Diwali 2024, 12 stocks with up to 26.7% upside are recommended https://rakesh-jhunjhunwala.in/12-stocks-to-brighten-up-your-investment-portfolio-with-these-diwali-picks-2024-by-sbi-securities/

Rakesh Jhunjhunwala

22 Oct, 03:21


PL Capital has recommended 8 Diwali C R A C K E R S stocks based on Technical Analysis of support levels, OI & 200 DMA. RELIANCE is said to have very strong & favourable risk reward setup, with very limited downside & large upside potential. SUNTV is hinting on turnaround story

Rakesh Jhunjhunwala

22 Oct, 02:06


Mukul Agrawal has invested ₹148 Cr in 1.19% of Deepak Fertilizers. Co manufactures fertilisers & chemicals. MCap is ₹12600 Cr. Promoters hold 46%. Co has adopted innovative strategies such as a greenfield ammonia plant & brand building which have put it on the growth trajectory

Rakesh Jhunjhunwala

21 Oct, 13:40


RBL Bank posted a miss in earnings. The Bank is focused on building its high yielding secured retail/SME book for better RaRoC. The Bank expects the asset quality pain to ease over the next 6M. Current valuations are inexpensive at 0.7x BV. TP ₹325 (+58%) https://rakesh-jhunjhunwala.in/rbl-bank-remains-focused-on-building-its-high-yielding-secured-retail-sme-book-for-better-raroc-buy-for-target-price-of-%e2%82%b9325-58-upside-emkay/

Rakesh Jhunjhunwala

21 Oct, 09:36


Milind Karmakar says he sold Titan after 20 years of holding because it will be unable to compete with lab grown diamonds which cost a fraction of natural diamonds. "Diamonds will become a commodity. When people of lower strata start wearing diamonds, it will lose its snob value" https://x.com/ETNOWlive/status/1848244708868493526

Rakesh Jhunjhunwala

21 Oct, 08:33


Mukul Agrawal has invested ₹45 Cr in 1.58% of Stanley Lifestyle. M-Cap is ₹2900 Cr. Promoters hold 57%. Co sells premium & luxury furniture. Co will benefit from growth in luxury housing & rise in per capita income. There will be 5.47 Lakh houses valued more than ₹2 Cr by 2027

Rakesh Jhunjhunwala

21 Oct, 06:46


Rajiv Bajaj is confident about Bajaj Auto's fair value of ₹20,000 & bought the stock when it dipped. "I am certain I am going to buy .. It corrected 20% based on temporary understanding of evolving situation & presents a nice upside in the weeks to come" https://www.cnbctv18.com/market/stocks/bajaj-auto-share-price-rajiv-bajaj-sticks-to-long-term-target-price-of-20000-19496071.htm

Rakesh Jhunjhunwala

20 Oct, 11:45


Genus Power is spearheading the Smart Meter play with 27% market share. There is a huge opportunity in Smart Metering. Order Book is ₹32,500 Cr. GIC Platform is a game changer. Revenue & EBITDA to jump up significantly. Robust balance sheet. Net Debt-free https://rakesh-jhunjhunwala.in/genus-power-is-spearheading-the-smart-meter-play-buy-for-target-price-of-%e2%82%b9505-20-upside-axis-securities/

Rakesh Jhunjhunwala

20 Oct, 03:52


Ramesh Damani appears to have sold the whole or part of his holding of 12,51,156 shares (1%) in Garden Reach Shipbuilders, a PSU. Investment was worth ₹220 Cr at CMP. He had warned that some PSU stocks are overvalued. The stock has given a return of 900% in 5 years and 130% YoY