Recently, the stock has demonstrated a strong bullish gap, showcasing its ability to maintain a position above all major EMAs on the daily chart, which supports a positive outlook
Posts in category All News
Holmarc Opto-Mechatronics – R&D play (11-11-2024)
After this thread price shot up and SEBI asked for explanation from the company.
That shows two things : One, SEBI is unaware of the impact of valuepickr on SME as of now. But maybe in coming days, you can expect some regulation in discussing companies on too much detail. 
Maybe someone should do a thread on this. This also raises a question about whether this platform can be used to manipulate SMEs, if some other unethical persons find out and can or should we (as a community) do something about this.
Secondly, as Bharani rightly mentioned this stock is not very liquid and has a low float. People were trying to sell at lower circuit on a number of days but not able to. This was even so in last trading session. That presents a risk to investors who wish to invest substantial funds into this as a % of their portfolio. Specially when those funds maybe needed in an emergency(or to invest in a better opportunity), such stocks won’t let you access those funds, even when you are sitting on substantial gains! So, invest only spare money and that for somewhat longer than 2-3 years.
I also noticed that a similar company named “Holmarc Slides and Controls Pvt Ltd” also is mentioned a few times on the internet. Address seems to be the same. Not sure if this is a related party or previous name of the company.
Disc: not invested yet.
Holmarc Opto-Mechatronics – R&D play (11-11-2024)
After this thread price shot up and SEBI asked for explanation from the company.
That shows two things : One, SEBI is unaware of the impact of valuepickr on SME as of now. But maybe in coming days, you can expect some regulation in discussing companies on too much detail. Maybe someone should do a thread on this. This also raises a question about whether this platform can be used to manipulate SMEs, if some other unethical persons find out and can or should we (as a community) do something about this.
Secondly, as Bharani rightly mentioned this stock is not very liquid and has a low float. People were trying to sell at lower circuit on a number of days but not able to. This was even so in last trading session. That presents a risk to investors who wish to invest substantial funds into this as a % of their portfolio. Specially when those funds maybe needed in an emergency(or to invest in a better opportunity), such stocks won’t let you access those funds, even when you are sitting on substantial gains! So, invest only spare money and that for somewhat longer than 2-3 years.
I also noticed that a similar company named “Holmarc Slides and Controls Pvt Ltd” also is mentioned a few times on the internet. Address seems to be the same. Not sure if this is a related party or previous name of the company.
Disc: not invested yet.
Pre-market action: Here’s the trade setup for today’s session (11-11-2024)
FIIs have been selling equities for the last 29 consecutive days amounting to Rs 1.41 lakh crore denting investor sentiments. Analysts said markets are expected to remain sideways on the back of mixed global factors and subdued quarterly results. However there could be stock specific action on account of the last leg of Q2 earnings to be announced this week.
Share Market Live Updates November 11, 2024: Stock to buy today: Mahindra & Mahindra (₹2,979.25): BUY (11-11-2024)
Sensex, Nifty Live updates on November 11, 2024: The short-term outlook is bullish for Mahindra & Mahindra. The stock has surged over 5 per cent last week and has closed on a strong note. This rise has taken the share price well above a key resistance level of ₹2,900. The price action last week indicates that the stock has got strong buyers in the ₹2,900-₹2,850 region. This zone will continue to act as a good support and limit the downside going forward. Mahindra & Mahindra share price can rise to ₹3,200 in the coming weeks.
Stocks in news: Hyundai, Nykaa, Ola Electric, Asian Paints, Tata Motors (11-11-2024)
Shares of Hyundai, Nykaa, General Insurance, Zydus, BSE will be in focus as the companies will announce their second quarter results today.
Ravi Nathani suggests buying dips in Nifty; Nifty Bank seen rangebound (11-11-2024)
A decisive close below 23,880 could lead the index further down to test support at 23,636 and, if necessary, 23,364
Congress means communalism, corruption and conflict: Union Minister Sonowal (11-11-2024)
Union Minister Sarbananda Sonowal launched a scathing attack on the Congress party, accusing it of “communalism, corruption, and conflict.” While campaigning for the BJP candidate in the Behali Assembly constituency bye-election, Sonowal criticized the Congress party’s past regimes for using diversionary tactics to serve petty political gains.
Congress means communalism, corruption and conflict: Union Minister Sonowal (11-11-2024)
Union Minister Sarbananda Sonowal launched a scathing attack on the Congress party, accusing it of “communalism, corruption, and conflict.” While campaigning for the BJP candidate in the Behali Assembly constituency bye-election, Sonowal criticized the Congress party’s past regimes for using diversionary tactics to serve petty political gains.
Asian stocks set to fall, Bitcoin surges (11-11-2024)
Australian shares fell while futures in Tokyo and Hong Kong signal losses after China’s 10 trillion yuan ($1.4 trillion) plan to help local governments deal with hidden debt stopped short of including new measures to boost domestic demand. US contracts edged higher after the S&P 500 rose 0.4% on Friday to cap stocks’ best week this year in anticipation of Trump’s pro-growth agenda.