IREDA SHARE LATEST NEWS 😇 IREDA SHARE NEWS TODAY • IREDA PRICE ANALYSIS • STOCK MARKET INDIA
TLDRThe video script discusses the market sentiment on 27th February 2024, highlighting a volatile opening with the market initially opening negative but later showing recovery. The speaker mentions a clear mission provided in a previous video and emphasizes the importance of watching the 10:30 PM video for crucial market insights and predictions. The script also touches on the performance of the NASDAQ-100 sectors and specific stocks like Reliance, discussing block deals and the impact on stock prices. Technical chart patterns and analyst opinions are also covered, providing viewers with a comprehensive understanding of the market trends and potential investment strategies.
Takeaways
- 📈 The market sentiment on 27th February 2024 was quite volatile, opening negative and fluctuating throughout the day.
- 🔄 The script mentions a recovery seen by the speaker but overall the market remained quite volatile.
- 📊 The closing point was given near 2218 points with a speed of 0.34, indicating a slight positive movement at the end of the day.
- ⏰ The speaker had warned about the market's sentiment in a previous video at 10:30 PM and had provided an alert about it.
- 💡 The speaker advises not to miss the 10:30 PM video as it contains important and interpreted topics of the day along with global market trends and predictions.
- 📉 There was no significant movement observed in the NASDAQ-100 sectors on that day.
- 🤔 The speaker asks the audience to comment on their portfolio's status, questioning if it moved with the market or not.
- 🔽 The discussion includes a specific sector that has been in a lower circuit for the last few days and the opening on the date in question was also slightly negative.
- 📉 A particular stock (Reddy) is mentioned which has been listed in the red for three months and the market saw a block deal of around 5 crore shares.
- 🔄 The script talks about a block deal that happened involving a large quantity of shares and how it affected the market.
- 📈 The speaker ends with a technical chart pattern discussion, advising on what actions to take based on the market's behavior and the company's performance.
Q & A
What was the overall sentiment of the market on the 27th of February 2024?
-The overall sentiment of the market on 27th February 2024 was quite volatile. It opened negative and then fluctuated, moving up and down throughout the day before closing slightly positive at around 2218 points with a speed of 0.34.
What did the speaker mention about their portfolio's movement in relation to the market on that day?
-The speaker asked their audience if their portfolio moved with the market that day, as there was a possibility that some portfolios might not have shown any movement despite the market's overall volatility.
What is the significance of the 10:30 PM video mentioned by the speaker?
-The speaker emphasized the importance of not missing the 10:30 PM video, as it contains important interpretations of the day's significant topics and news, along with an analysis of the global market trends and predictions for the next day's market.
What sectors of the NASDAQ-100 did not show much movement according to the speaker?
-The speaker mentioned that there was not much movement in the NASDAQ-100 sectors that day, indicating a lack of significant changes in those particular areas.
What happened with the circuit in the market according to the speaker's analysis?
-The speaker discussed that there was a lower circuit that had been ongoing for three days, and on the date in question, it was observed again. However, a significant block deal occurred which led to the cutting of the lower circuit.
What was the impact of the block deal on the market?
-The block deal, involving the sale of over 5 crore shares, led to a change in the market's direction. It caused the lower circuit that had been present for three days to be cut, indicating a significant shift in market dynamics.
What did the speaker say about the Renewable Energy Development Agency?
-The speaker mentioned the State Run Indian Renewable Energy Development Agency (IREDA), highlighting a block deal involving 1.85 crore shares, which was a significant transaction in the market.
What was the speaker's advice regarding the shares of the company discussed?
-The speaker advised that if one has the shares, it is important to have patience and suggested that good returns can be expected in one to two months. They also mentioned their own experience of buying the shares at a certain price and the current return on investment.
What technical chart pattern did the speaker analyze for the company?
-The speaker analyzed the candlestick chart pattern of the last month for the company. They discussed the support and resistance levels, and how the stock had been in a lower circuit and the subsequent movements in the market.
What were the support and resistance levels mentioned by the speaker for the company's shares?
-The speaker mentioned that the support level was around 140, and if the shares crossed 170, there was a chance of them going higher. They also discussed other support and resistance levels such as 139 and 155 for further insights into the stock's movement.
What was the speaker's final message to the audience?
-The speaker encouraged the audience to stay connected with the channel and to keep their holdings if they had any. They also urged the audience to have patience and to wait for the next video for further analysis and updates.
Outlines
📉 Market Sentiments and Portfolio Movements on 27th Feb 2024
The paragraph discusses the market trends and sentiments on 27th February 2024, highlighting the recovery witnessed during the day. It mentions the overall volatility and the opening levels of the market, along with the negative movements and subsequent recoveries. The speaker references a previous video where they had warned about the market movements and requests viewers to watch it for a better understanding. The paragraph also touches upon the performance of the NASDAQ-100 sectors and the lack of significant movement observed. The speaker asks viewers about their portfolio's status and encourages them to comment and share their thoughts. Lastly, the speaker emphasizes the importance of watching the 10:30 PM video for crucial market predictions and analysis.
📈 Technical Analysis and Future Predictions for the Market
This paragraph delves into a technical analysis of the market, providing insights into the past month's candlestick patterns and the current market situation. The speaker discusses the support and resistance levels, highlighting the importance of the 139 and 155 levels. They also mention the potential for the share price to reach 122 if it breaks support. The paragraph further discusses the overall market sentiment, with most analysts predicting a downward movement. The speaker clarifies that the information is based on web coverage and encourages viewers to maintain patience and hold their positions, emphasizing the potential for good returns in the renewable sector.
Mindmap
Keywords
💡Market Sentiment
💡Recovery
💡Nasdaq-100
💡Portfolio
💡Volatility
💡Short Selling
💡Lock-in Period
💡Block Deal
💡Technical Analysis
💡Support and Resistance Levels
💡Renewable Energy
Highlights
The market sentiment on 27th February 2024 was quite volatile, opening immediately in the negative.
There was a slight recovery in the market, but it fluctuated between slightly higher and lower levels throughout the day.
The market closed at 2218 points with a speed of 0.34, indicating a positive close.
A video from the previous night at 10:30 clearly mentioned the market sentiment and provided insights.
NASDAQ-100 sectors did not show as much movement as expected in the morning.
There is a possibility that some portfolios did not move with the market today.
It is requested not to miss the video at 10:30 tonight for important topics and global market analysis.
The comments section is filled with queries about what to do with the stock that has been in a lower circuit for the last two days.
The start of the day was also in the lower circuit, not much in the negative but slightly negative around 145.46.
The short circuit in the market continued for three days, and today's date also showed the same pattern.
A big block deal happened today, which led to the termination of the lower circuit in the shares.
The total value of the block deal on today's date was 767 crores at the time of the market.
Analysts have covered the stock, and their statements have been shared, providing technical and support levels.
The support level for a drop is around 140, and if the shares cross 170, there is a chance to go further up.
The overall sentiment of most analysts is towards the lower side, with resistance mentioned at 14035.
The news of the day was about a red block deal, with a change of hands of 5 crore shares, which is a significant quantity.
The company is involved in financing the renewable sector, which is a positive sign for investors.
The technical chart pattern of the last month shows that the stock has been listed for three months and has followed a specific pattern.
The stock reached an all-time high and then saw support at 154, showing a neutral trend.
Despite the drop, the stock picked up 100% return, indicating a strong performance.