On Kalyan Jewelers - there was a rumor & clarification was issued by the management. When market is in continuous downtrend, most retail investors are in fear mode, some operators who are short on the stock might play this game of floating rumor to creating panic, bringing stock down and covering their shorts. If the rumor proves to be wrong - stock will bounce back, the quarterly update & the business is strong.
Manish Sir, Thanks for today's video & was just waiting for it. Kalyan Jewelers was beaten down in the morning with a negative news in a business news channel & allegation that company has bribed fund managers / operators. Motilal Oswal was up in the morning @ 910 - soon after the Kalyan news started circulating & it hit 10% LC, market participants realized that Motilal Oswal mutual fund owns about 10% of Kalyan and that could be the reason for drop in Motilal Oswal.
Kalyan Jewellers Update: www.business-standard.com/companies/news/kalyan-jewellers-declines-nearly-28-in-jan-over-rs-21k-cr-mcap-wiped-out-125011501303_1.html
On Kalyan Jewelers - there was a rumor & clarification was issued by the management. When market is in continuous downtrend, most retail investors are in fear mode, some operators who are short on the stock might play this game of floating rumor to creating panic, bringing stock down and covering their shorts. If the rumor proves to be wrong - stock will bounce back, the quarterly update & the business is strong.
Manish Sir, Thanks for today's video & was just waiting for it. Kalyan Jewelers was beaten down in the morning with a negative news in a business news channel & allegation that company has bribed fund managers / operators. Motilal Oswal was up in the morning @ 910 - soon after the Kalyan news started circulating & it hit 10% LC, market participants realized that Motilal Oswal mutual fund owns about 10% of Kalyan and that could be the reason for drop in Motilal Oswal.
@@YogishMallya-t9w possible - together I have a lot of money in both stocks
www.business-standard.com/companies/news/kalyan-jewellers-declines-nearly-28-in-jan-over-rs-21k-cr-mcap-wiped-out-125011501303_1.html
Do u think this is the bottom for kalyan jewellers?
Usually there is no smoke without a fire, but I would not want to speculate. But I am not averaging more for now till there is clarity.
Sir want to know why Kalyan jewellers fell to almost LC today
@@abhishekpothnak7836 will share if I find the reason it is one of my largest holdings right now
You say you sold hdfc amc but shown as buy in the screen😮
@@adas19581024 wrong placement - should have been in sell box
What is your view about Titagarh is it in buying zone? it is already beaten down around 40 percent from ATH
I don’t have an opinion on this stock, not on my radar.