The Financial Analyst

2022-11-03 09:42:43 DEVYANI INTERNATIONAL: Q2 CONS NET PROFIT RUPEES 588M VS 457M (YOY)

DEVYANI INTERNATIONAL: Q2 EBITDA 1.66B RUPEES VS 1.3B (YOY)

BIG BEAT YOY Open / Comment

2022-11-02 17:44:08 Important Information

The US and Saudi Arabia are on high alert after warning of imminent Iranian attacks. The attack is expected to occur as early as 48hours. Traders in longs be very cautious. If Saudi Arabia undergoes attacks the situation would be worse than the attacks conducted on Ukraine, Saudi is the major supplier of oil globally thereby possessing a risk of a higher negative impact for all world economies including India.

Best,
Himalay Bhatia

https://www.arabnews.com/node/2191996/middle-east Open / Comment

2022-10-24 15:48:12 The Financial Analyst pinned «Muhurat Trading Pick: In last year’s Muhurat Trading Pick, I suggested “Devyani International” @Rs150/- to all the members of our community. Where all the segments including bonds and cryptos have generated a negative return this year, Devyani International…» Open / Comment

2022-10-24 15:48:07 Muhurat Trading Pick:

In last year’s Muhurat Trading Pick, I suggested “Devyani International” @Rs150/- to all the members of our community. Where all the segments including bonds and cryptos have generated a negative return this year, Devyani International made a 52-week high of 215 (44% ROI) and is currently generating a 28% ROI (pre-market Muhurat Trading session 2022) from our cost. This is a massive return on our investment and the scrip anchored itself firmly amidst the brutal storm. I’m more than grateful to everyone who trusted me with this pick last year, hope you’re content with the results. I will continue to not only hold my position in Devyani International for long term but will keep adding at every dip possible.

Unlike the past couple of years, this year I’m refraining from making any purchases for Muhurat trading since the market is not at an investable juncture. Thus, today we will not be buying anything on account of Muhurat Trading. Though our markets are inching towards the ATHs but we need to carefully understand the undercurrents of it. The entire rally in Nifty was majorly supported by Banks and IT sector on posting fantastic results. The reason for such great results has been the benefits these sectors received on account of rate hikes and Dollar appreciation respectively. But I expect poor results/ earning in the upcoming quarter, so it is advisable to sit on cash and wait for the best opportunity the market has to offer. Good luck!

Best,
Himalay Bhatia Open / Comment

2022-10-24 15:47:20 Wishing each and everyone of you a very Happy Diwali. This Diwali do celebrate the festival with your parents and gift them your presence. May Lakshmiji, the goddess of prosperity, smile upon you. This year we did earn a lot, in terms of knowledge more than the monetary benefits but I promise you that the knowledge bestowed upon us this year has engraved a strong foundation for the years to come. So if things have become a little difficult for you this time around, do not get disheartened for God chooses his bravest warriors during the toughest battles. Trading was, is and will always be a place of battleground and my advice will be “No Surrender, No Retreat and Never Give Up!” Do engender love and compassion for everyone around you. God bless!

Best,
Himalay Bhatia Open / Comment

2022-09-22 18:39:32 Open / Comment

2022-09-22 12:29:57 Rupee slips to 80.78 against Dollar, depreciates more than 1Re this week. Open / Comment

2022-09-22 12:26:18 The Financial Analyst pinned «There are multiple ways to approach the current market: 1. Build a long short to keep your net positions hedged Example: Long Auto and Short Energy [Please note this is just an example for your reference, I've still not executed any trades on it.] 2. Execute…» Open / Comment

2022-09-22 12:25:15 There are multiple ways to approach the current market:

1. Build a long short to keep your net positions hedged Example: Long Auto and Short Energy [Please note this is just an example for your reference, I've still not executed any trades on it.]

2. Execute Delta Neutral Strategies [Applicable for options sellers only and it requires a lot of adjustments.]

3. Ratio Writing, Iron Condors, Back Spreads [Applicable for options sellers only and it may require a lot of adjustments.]

4. Intraday option buying/ selling [Traders are subjected to high volatility.]

5. Avoid derivatives and stick you equity cash trading for controlled risk management until the volatility settles to dust. [Restrictions on shorting during a bearish short term trend.]

6. When in doubt, sit out!

Whatever approach you may choose, make sure first "BUILD A PLAN" and to stick to it. Consider various market scenarios when building a plan and make sure to have SLs and tentative targets in place.

Best,
Himalay Bhatia Open / Comment

2022-09-22 12:00:31 It is pretty evident that the markets are highly volatile, however I personally hold a bullish bias in the market until we get two consecutive day closings below 17500 level.

I'm keen on building long exposure in the Auto Sector [Bullish build up on the weekly chart] and Metal Sector [Breakout and retest on weekly chart].

I'll be strictly avoiding the Energy Sector [RSI and 71.8% Fib resistance on weekly] and Banking & Finance [Double upper wick rejection on weekly, extended rally and persistently volatile within a big range]

Let me know if you want the detailed chart analysis of these sectors mentioned. Instagram.com/bhatiahimalay

Best,
Himalay Bhatia Open / Comment