00:00Hi, this is Bhavna and you are watching Good Returns.
00:04You are watching Good Returns for Soda Khara Khara and with me, Mr. Ravi Singh, Senior Market
00:09Expert has joined us.
00:10What kind of market is going to be there this week?
00:13What is the range of the market?
00:14In the first segment, we will discuss this.
00:16After that, we will discuss a specific stock with Mr. Ravi.
00:20After that, we will talk about the questions you have asked us.
00:25We will discuss them and after that, in the third segment and in the final segment, we
00:29will talk about the upcoming IPOs that whether you should invest money in it or not.
00:35But before starting the show, let me tell you that if you have any query, if you want
00:41to ask your question on any specific stock, then you can WhatsApp 9354831271, which is
00:47also visible on your screen, and you can ask your question on this number.
00:51While asking your question, you can write your name, your location, where you live and
00:55whatever is your stock, whatever you have bought, what advice do you want to take in it,
01:00you can make a question and send it to us on WhatsApp and we will try our best to take
01:06your question in the next episode and we will try to find out the answer from Mr. Ravi.
01:12So, Mr. Ravi, Hi, welcome again.
01:15Thank you so much for calling me again and the last episode was a hit for you.
01:21A lot of queries have come, maybe we will not be able to take that much query, but we will
01:24try to take that type of general queries so that people can get the answer.
01:28Thank you for calling here.
01:29Absolutely.
01:30So, without wasting time, let's start the show quickly.
01:34Sir, we will not talk about how the specific market is today.
01:39We will talk about what is the range of the market throughout the week.
01:43If we talk about Nifty, then 24,500 to 24,650 is the range of Nifty.
01:48If we talk about Bank Nifty, then it is between 52,400 to 52,600.
01:52If we talk about Sensex, then it is between 80,500 to 81,000.
01:57That is, a record is being seen before the budget.
02:01What should investors pay attention to this week?
02:04What target price would you like to give for the market?
02:06But everyone is afraid that the market will fall before the budget.
02:11This is fear.
02:12You have seen this news everywhere.
02:14Especially people who are entertained by seeing reels on social media, they get stuck
02:19in this fear.
02:21At this time, there is no down in the market.
02:24And if there is a down, then I will tell you the levels.
02:27Note those levels.
02:28Keep an eye on that.
02:29First, at this time, until the market closes below 24,300, there is no chance of a downfall in the market.
02:38That is, 24,300 is a strong support here.
02:42Now let's talk about resistance.
02:43How much can the market go?
02:44See, the market will touch 25,000.
02:46Before or after the budget, the upward momentum of 300-400 points will be seen.
02:53So we will see 25,000 levels touching soon.
02:56On the other hand, you talked about Bank Nifty.
02:59Look at the levels of Bank Nifty.
03:00Until the market does not close below 51,800 and does not sustain for two days,
03:07the chances of a downfall are very low.
03:10If you talk about the upside, then I think the levels of 53,500 and 54,000 will be seen again.
03:16And keep the strategy of buying in the dip.
03:19In some sectors, you will definitely see profit booking.
03:22But there is no need to worry.
03:24Stay in the market.
03:26And there is no need to be afraid.
03:27Listen to everyone as much as you are afraid.
03:30But take it out of your ears.
03:31Because there is no chance of a big correction in the market until this level breaks.
03:37So take care of all these things.
03:39And I also expect from you that if you have not understood,
03:44whatever points have been told to you,
03:46either you can take the video back and listen to it.
03:49Otherwise, you will definitely keep a copy pen with you.
03:52So that whatever targets are being given to you, you can note them down.
03:55Next, we will talk about Erida share.
03:58Recently, on Friday, the company's result has been released.
04:01The company has a net profit of 30%.
04:04And after that, if we talk about Monday, it was a level of about 286.
04:08It had touched.
04:10Today it is at the level of 272.
04:12It has gone down by 5%.
04:14For this, what would you like to give as a revised target price?
04:17And what strategy should investors adopt on this share?
04:20Look, Bhavna ji, I think this correction is a good correction.
04:23Because everyone asks me when to buy Erida.
04:26So I say that there should be a correction.
04:29It is a good thing that the correction came after achieving the target.
04:32Because 270, 275, 265.
04:35These levels are again getting interested for your long term.
04:39And what will be the target?
04:40The target is Rs. 330.
04:42So here if you are in the share, like when the result came,
04:46I said that book 20-30% profit.
04:48If you did not book, then leave it.
04:51Re-entry it.
04:53You will see the target of Rs. 330 soon.
04:55There is no need to worry.
04:57As far as stop loss is concerned,
04:58You should be in this stock with a stop loss of 255-260.
05:02And I think that the news, the result that came,
05:05Read the result again.
05:07Bhavna ji has told the highlights.
05:08Profitability is good.
05:10EBITDA margins have gone well.
05:11The company is performing well.
05:13That's why the share of Rs. 30 has reached Rs. 300.
05:16And there is still no shortage in growth.
05:19So I think that you should be in Erida now.
05:22And keep in mind the level of Freshbuy.
05:25The target price you have given is Rs. 330.
05:28The target price is Rs. 330.
05:30Today it has come to the level of Rs. 272.
05:32So it can be a good opportunity for you.
05:34If this share is not in your portfolio,
05:36Then you can definitely add it.
