Sensex, Nifty, Share Prices LIVE: The outlook for Welspun Corp is bullish. The stock has begun the week on a strong note by surging over 9 per cent so far. This marks the end of the corrective fall since the last week of August. Its share price is well above the key resistance at ₹700. The region between ₹700 and ₹690 will now act as a good support zone and limit the downside. Welspun Corp share price can rise to ₹785 in the coming weeks.
Tata Power, Siemens among top bets by Chandan Taparia of MOFSL for today (25-09-2024)
Tata Power is trading near its all-time high price and given a range breakout on the weekly chart. The ADX indicator has turned up which supports the bullish trend.
Vinay Rajani of HDFC Securities suggests buying these stocks on Sept 25 (25-09-2024)
Nifty has formed a spinning top like pattern on Sept 24 after remaining in a 125 points range. Nifty could now face resistance from 26,250 while 25,611-25,791 band could offer support
Nifty Bank in overbought zone; Pvt Bank on the cusp of breakout; details (25-09-2024)
The Nifty Bank Index has entered the overbought zone according to technical indicators, signalling a potential near-term correction.
Indian Energy Exchange (IEX) (25-09-2024)
There are 4 practical ways , renewable energy from Solar from wind can be stored for Grid stability.
1.Traditional Hydro power stations being executed by NHPC/ SJVN by constructing Dams in flowing large rivers, which are either snow fed or rain fed. (disadvantages – long gestation , high capital cost , depends upon Rain, and environment issues – limited scope, can not be built every where )
2.Advanced battery storage system popularly known as ACC, BESS ( Disadv- import content lithium ion battery expensive, requires regular maintenance , recurring expenditure- 10 -15 years life)
3.Pumped Storage Priject popularly known as PSP -easy to built- all that you you need two reservoirs- one at higher elevation and the other at lower level and a set of Pumps and motors. Good life cycle 50, 50 years- no import content (Requires a lot of space , can not be built every where )
4.Green hydrogen as a storage medium – During peak power, solar wind energy can be used to run electrolyser which can convert water to Green hydrogen…during lean power period green hydrogen can be used to produce power by the help of a fuel cell.
This may be ideal , compact , no environment issues ,( disadv- currently expensive …may be in future as technology evolves, capacity would build up and price could could come down)
so currently , only 2,3 are preferred mode and no 3 is becoming more popular for immediate need for next 6-8 year.
There are a lot of stuff available on Green hydrogen thread. One of the post link given below in which you would get all the information that you need. ( also you may please go through JM financial analysis link at the end of the post.
Also please let me know how you want to connect with IEX.
IRB INVIT TRUST- new game in the town! (25-09-2024)
What is preventing me from making the switch now ? (my 2 cents…someone else’s view can be different)
- for my bracket, it is a difference in the yield of 2.2% (with IRB being higher)
- Bharat has sharply risen in the last few weeks and anyone, who has seen the history of our invits/reits, you will recognize that honeymoon lasts for the first year or so and after that things start drifting. Even the much praised Indigrid, stabilized after KKR came in
I wish I had done this switch at the IPO time of Bharat (even IRB was trading at decent numbers at that time)…I am risking serious capital loss, by being in IRB since it seems to be in a non-stop slide down
Caroline Ellison Sentenced to Two Years in Prison for Role in FTX Fraud (24-09-2024)
A top adviser to Sam Bankman-Fried, the disgraced founder of FTX, Ms. Ellison pleaded guilty to conspiring with him to steal $8 billion and became a crucial witness for the prosecution.
Gensol Engineering – A play on Energy Transition (Solar Energy & EV) (24-09-2024)
It’s high leverage keeps me from taking it to conviction level 3 from level 2, and also the chart pattern where it hasn’t corrected enough.
I’m not an fii dii though.