QuantAura- “Decode the market’s rhythm. Build with precision, adapt with purpose.” ®

Waaree’s numbers show strong growth ahead: • Revenue: ₹144 bn → ₹339 bn (FY25–FY28E) → ~33% CAGR • EBITDA: ₹27 bn → ₹75 bn → ~40% CAGR The company has already scaled rapidly from ₹29 bn revenue to ₹144 bn in just a few years, reflecting strong demand in the solar sector. Yet markets often price stocks not just on growth, but on expectations vs reality. Sometimes the business keeps growing, while the narrative changes. @Beatthestreetnews

*Vladimir Putin* has said the crisis in global oil markets during the US and Israeli strikes on Iran could help Russia to strengthen its position and told officials to re-examine priorities for its exports. The Russian president said on Monday that he had ordered the cabinet to evaluate whether *Moscow should redirect its exports to Europe “in more interesting directions”* as the EU winds down its dependence on Russian energy.

*The core message from these top technical analysts (Gowtham Shah & Rohit Srivastava) is one of extreme caution and preparation for a potential long-term trend reversal*. Both experts agree that key structural supports have been breached, shifting the market's trajectory from a bull trend into a significant corrective or even bearish phase. While global markets remain relatively strong, *India is notably underperforming due to a combination of internal breakdowns and external pressures like oil prices and currency weakness*. *Key Technical Essence for Investors* • Structural Breakdowns: Rohit Srivastava highlights that the Nifty has broken a multi-year trend channel and a classic Head and Shoulders pattern neckline at 24,600. Gautam Shah corroborates this bearishness, noting that the "line in the sand" at 23,800 has been broken, which likely opens the door for a move toward 22,000. • ⁠The "Last Man Standing" Falls: A critical turning point in the analysis is the collapse of the Bank Nifty. Previously a pillar of strength, it has now entered a sharp correction, with targets as low as 53,500. This breakdown in banking is a primary reason why the broader Nifty is expected to fall further • ⁠Momentum Indicators: Recent price action has shown "running gaps," which technicians interpret not as a sign of exhaustion, but as a continuation of the downward trend. The market is currently driven by technicals and sentiment rather than fundamentals, making it dangerous to "bottom fish" based on valuation alone • ⁠Sector Divergence: While most sectors (Private Banks, Auto, FMCG) look negative, there is a clear "hide" strategy in Metals, Non-banking PSUs, and selective Healthcare _Bottom line from Rohit - *Dangerous to buttom fish*_ _Bottom line from Gowtham - *Hold the Shopping List*_

India gets temporary 30-day US waiver to buy Russian oil : United States Secretary of the Treasury Scott Bessent Is india Required granting from USA for our Energy Security 🙄

🌅 Aspire Morning | Feb 25, 2026 “Wide diversification is only required when investors do not understand what they are doing.” 🌍 Global Market Pulse • US Markets:• Dow Jones ▲0.76% • S&P 500 ▲0.77% • Nasdaq ▲1.05% • Commodities:• Gold $5186 | Silver $87.75 • Brent Crude $71.19 | Copper ETF $93.37 • Currencies: Dollar Index 97.77 | USDINR 90.90 • Bond Yields:• US 10Y 4.03% | Japan 10Y 2.10% | India 10Y 6.68% 🇮🇳 India Market Snapshot • Sentiment:• Market Mood Index 46.68 (Fear Zone) • India VIX 14.15 (▼0.14%) • Indices:• Nifty 50 25,424.65 (▼1.12%) • Bank Nifty 61,047.30 (▼0.35%) 📊 Market Breadth & Internals • Breadth:• 3% gainers: 76 | >3% losers: 340 • 5% gainers: 21 | >5% losers: 66 • 10% gainers: 1 | >10% losers: 4 • Nifty500 A/D: 181 / 318 • Strength above 40‑week EMA:• Large Cap 51.06% • Mid Cap 31.03% • Small Cap 28.35% • Key Indicators:• PCR 0.60 | RSI 45.45 | Momentum Score 43.50 • Nifty P/E 22.30× • SMA20 25,595.90 | SMA50 25,725.40 | SMA200 25,338.80 🔁 Futures & Institutional Flow • Stock Futures:• Long Build-Up: 104 • Short Build-Up: 100 • Long Unwinding: 1 • Short Covering: 2 • Cash Flows:• FII: Sold ₹102.53 Cr • DII: Bought ₹3,161.22 Cr • FII Futures Positioning:• Long 21.28% | Short 78.72% • Nifty Futures: Short Build-Up • Bank Nifty Futures: Short Build-Up 🧭 Takeaway A clear risk‑off session with weak breadth, rising short positions, and declining momentum. DIIs stepped in aggressively, cushioning the fall, while FIIs stayed cautious. Participation above long‑term EMAs remains stable, but short-term indicators show fatigue. In markets like these, discipline—not diversification for the sake of it—becomes the real edge.

🌅 Aspire Morning | Feb 24, 2026 “Although it’s easy to forget sometimes, a share is not a lottery ticket… it’s part‑ownership of a business.” 🌍 Global Market Pulse • US Markets:• Dow Jones ▼1.66% • S&P 500 ▼1.04% • Nasdaq ▼1.13% • Commodities:• Gold $5189 | Silver $86.40 • Brent Crude $71.43 | Copper ETF $90.85 • Currencies: Dollar Index 97.74 | USDINR 90.97 • Bond Yields:• US 10Y 4.04% | Japan 10Y 2.09% | India 10Y 6.69% 🇮🇳 India Market Snapshot • Sentiment:• Market Mood Index 42.55 (Fear Zone) • India VIX 14.17 (▼1.39%) • Indices:• Nifty 50 25,713 (▲0.46%) • Bank Nifty 61,264.25 (▲0.15%) 📊 Market Breadth & Internals • Breadth:• 3% gainers: 149 | >3% losers: 201 • 5% gainers: 52 | >5% losers: 41 • 10% gainers: 5 | >10% losers: 5 • Nifty500 A/D: 299 / 201 • Strength above 40‑week EMA:• Large Cap 52.85% • Mid Cap 32.86% • Small Cap 30.18% • Key Indicators:• PCR 0.97 | RSI 51.50 | Momentum Score 62.20 • Nifty P/E 22.50× • SMA20 25,591.80 | SMA50 25,737.90 | SMA200 25,331.70 🔁 Futures & Institutional Flow • Stock Futures:• Long Build-Up: 46 • Short Build-Up: 33 • Long Unwinding: 54 • Short Covering: 76 • Cash Flows:• FII: Bought ₹3,483.70 Cr • DII: Sold ₹1,292.24 Cr • FII Futures Positioning:• Long 29.20% | Short 70.80% • Nifty Futures: Long Build-Up • Bank Nifty Futures: Long Build-Up 🧭 Takeaway Despite weak global cues, domestic markets held firm with strong breadth and healthy long build-ups in index futures. FIIs turned aggressive buyers, even as DIIs booked profits. Participation above long-term EMAs continues to improve—reinforcing the idea that disciplined investing, not speculation, drives long-term outcomes.

https://whatsapp.com/channel/0029Vb6k4pw6BIEeshe4ut0F/452 https://whatsapp.com/channel/0029Vb6k4pw6BIEeshe4ut0F/478 https://whatsapp.com/channel/0029Vb6k4pw6BIEeshe4ut0F/477 The Current quarterly results season has been better than expectations in the Smallcap Segment. March could be a good hunting time for Investors. April could be the time to look for new trends to emerge. Nifty50 – Very clear ranges to react. All-time highs and Tradel Deal announcement highs around 26300-26500. Gap at 25100-25400. 24300-24500 are the multiple bottoms of the last 1 year. Time to wait patiently, but be alert to react once a new trend emerges. Do remember the Leaders may change going forward. Be Open-Minded. Source: Nooresh

https://whatsapp.com/channel/0029Vb6k4pw6BIEeshe4ut0F

🌅 *Aspire Morning | Feb 20, 2026* _“Cash combined with courage in a time of crisis is priceless.”_ 🌍 *Global Market Pulse* • US Markets:• Dow Jones ▼0.54% • S&P 500 ▼0.28% • Nasdaq ▼0.31% • Commodities:• Gold $5013 | Silver $78.15 • Brent Crude $71.97 | Copper ETF $86.12 • Currencies: Dollar Index 97.91 | USDINR 91.00 • Bond Yields:• US 10Y 4.07% | Japan 10Y 2.10% | India 10Y 6.67% 🇮🇳 *India Market Snapshot* • Sentiment:• Market Mood Index 52.59 (Greed Zone) • India VIX 13.46 (▲10.15%) • Indices:• Nifty 50 25,454.35 (▼1.41%) • Bank Nifty 60,739.55 (▼1.32%) 📊 *Market Breadth & Internals* • Breadth:• 3% gainers: 101 | >3% losers: 318 • 5% gainers: 31 | >5% losers: 38 • 10% gainers: 9 | >10% losers: 1 • Nifty500 A/D: 68 / 432 • Strength above 40‑week EMA:• Large Cap 49.24% • Mid Cap 31.60% • Small Cap 29.71% • Key Indicators:• PCR 0.57 | RSI 45.60 | Momentum Score 61.80 • Nifty P/E 22.30× • SMA20 25,538.80 | SMA50 25,745.40 | SMA200 25,318.70 🔁 *Futures & Institutional Flow* • Stock Futures:• Long Build-Up: 7 • Short Build-Up: 66 • Long Unwinding: 128 • Short Covering: 9 • Cash Flows:• FII: Sold ₹880.48 Cr • ⁠DII: Sold ₹596.28 Cr • FII Futures Positioning:• Long 23.32% | Short 76.68% • Nifty Futures: Short Build-Up • Bank Nifty Futures: Long Unwinding 🧭 *Takeaway* A sharp rise in volatility, heavy short build-up, and broad market weakness signal a clear risk-off day. Despite the Mood Index sitting in the Greed Zone, price action shows caution dominating. Liquidity from both FIIs and DIIs turned negative, adding pressure. This is exactly the kind of environment where “cash plus courage” becomes a strategic advantage.

Aspire Morning | 18.02.2026 *“Investing is the intersection of economics and psychology.”* 🇮🇳 India Market Snapshot * FII in Cash bought Rs 995.21 Cr * ⁠Nifty Weekly PCR at 0.97 * ⁠Market Mood Index at Fear Zone * ⁠FII Long Futures 21.27% * ⁠Nifty Short Covering (Yester-OI) * ⁠Bank Nifty Long (Yesterday-OI) * ⁠N50 Momentum Score 62.90 * ⁠N50 RSI-Relative Strength 51.80

🌅 Aspire Morning | Feb 17, 2026 “The stock market is the story of cycles and of the human behavior that is responsible for overreactions in both directions.” 🌍 Global Market Pulse • US Markets were closed on Feb 16 for Washington’s Birthday. • Commodities:• Gold $4977 | Silver $75.68 • Brent Crude $68.55 | Copper ETF $87.71 • Currencies: Dollar Index 97.04 | USDINR 90.77 • Bond Yields:• US 10Y 4.04% | Japan 10Y 2.16% | India 10Y 6.66% 🇮🇳 India Market Snapshot • Sentiment:• Market Mood Index 52.23 (Greed Zone) • India VIX 13.33 (▲0.30%) • Indices:• Nifty 50 25,682.75 (▲0.83%) • Bank Nifty 60,949.10 (▲1.27%) 📊 Market Breadth & Internals • Breadth:• 3% gainers: 134 | >3% losers: 329 • 5% gainers: 47 | >5% losers: 89 • 10% gainers: 9 | >10% losers: 15 • Nifty500 A/D: 293 / 207 • Strength above 40‑week EMA:• Large Cap 50.45% • Mid Cap 33.33% • Small Cap 30.60% • Key Indicators:• PCR 1.06 | RSI 50.90 | Momentum Score 62.10 • Nifty P/E 22.50× • SMA20 25,472.90 | SMA50 25,765.10 | SMA200 25,299.60 🔁 Futures & Institutional Flow • Stock Futures:• Long Build-Up: 72 • Short Build-Up: 33 • Long Unwinding: 11 • Short Covering: 93 • Cash Flows:• FII: Sold ₹972.13 Cr • DII: Bought ₹1666.98 Cr • FII Futures Positioning:• Long 20.06% | Short 79.94% • Nifty Futures: Short Covering • Bank Nifty Futures: Long Build-Up 🧭 Takeaway A strong rebound in Nifty and Bank Nifty, improving breadth, and rising momentum signal renewed risk appetite—even as VIX edges higher. DIIs continue to provide meaningful support, while FIIs remain cautious. Market behavior reflects classic cycle psychology: fear-driven dips followed by sharp recoveries.

🌅 *Aspire Morning | Feb 16, 2026* *“Volatility is not chaos — it’s the voice of the market breaking its mask.” — Rafael J. Davila* 🌍 *Global Market Pulse* • US Markets:• Nasdaq ▼0.22% • S&P 500 ▲0.05% • Dow Jones ▲0.10% • Commodities:• Gold $5032 | Silver $76.36 • Brent Crude $67.76 | Copper ETF $87.94 • Currencies: Dollar Index 96.86 | USDINR 90.55 • Bond Yields:• US 10Y 4.05% | Japan 10Y 2.19% | India 10Y 6.67% *🇮🇳 India Market Snapshot* • Sentiment:• Market Mood Index 58.12 (Greed Zone) • India VIX 13.29 (▲13.39%) • Indices:• Nifty 50: 25,471.10 (▼1.30%) • Bank Nifty: 60,186.65 (▼0.91%) *📊 Market Breadth & Internals* • Breadth:• 3% gainers: 84 | >3% losers: 479 • 5% gainers: 35 | >5% losers: 142 • 10% gainers: 8 | >10% losers: 11 • Nifty500 A/D: 70 / 430 • Strength above 40‑week EMA:• Large Cap 50% • Mid Cap 33.72% • Small Cap 31.02% • Key Indicators:• PCR 0.45 | RSI 46 | Momentum Score 61.90 • Nifty P/E 22.20× • SMA20: 25,468 | SMA50: 25,772.10 | SMA200: 25,292.90 *🔁 Futures & Institutional Flow* • Stock Futures:• Long Build-Up: 8 • Short Build-Up: 112 • Long Unwinding: 81 • Short Covering: 9 • Cash Flows:• FII: Sold ₹7395.41 Cr • DII: Bought ₹5553.96 Cr • FII Futures Positioning:• Long 19.37% | Short 80.63% • Nifty Futures: Short Covering • Bank Nifty Futures: Long Unwinding *🧭 Takeaway* A sharp spike in VIX, heavy short build-up, and broad-based declines across the Nifty500 signal a risk-off day despite the overall sentiment still sitting in the Greed Zone. Liquidity support from DIIs softened the fall, but futures positioning shows caution dominating the near-term landscape.

📊 Aspire Morning – 26.12.2025 🧠 Curated by Balaji 🧭 Market Mood: • MMI: 59.97 → Greed Zone • India VIX: 9.19 ↓ -2.03% → Low fear 🇮🇳 India Indices: • Nifty50: 26142.10 ↓ -35.05 • BankNifty: 59183.60 ↓ -115.95 • Futures: 🔻 Long Unwinding in both indices • PCR: Nifty 0.91, BankNifty 0.69 📈 Stock Futures Snapshot: • Long Build-up: 28 • Long Unwinding: 69 • Short Build-up: 69 • Short Covering: 44 🌍 FII/DII Activity: • FII Futures: Long 12.44%, Short 87.56% • Cash: FII Sold ₹1721.26 Cr, DII Bought ₹2381.34 Cr 📊 Nifty Technicals: • RSI: 57.20 → Neutral zone • SMA 20: 26015.80 • SMA 50: 25892.40 • P/E: 22.80X 💱 Macro & FX: • USDINR: 89.73 • India 10Y Yield: 6.53% 🌐 Global Pulse: • Dow: 48731.16 ↑ +288.75 • S&P 500: 6932.05 ↑ +22.26 • Nasdaq: 23613.31 ↑ +51.46 • Gold: $4524, Silver: $73.39 • Brent Crude: $62.29 • Dollar Index: 97.65 • US 10Y Yield: 4.13%, Japan 10Y: 2.04%

🌟 Naren’s 5 Secrets to Winning by Doing LESS 1️⃣ Detach to Grow Less emotion = better decisions. Check your thesis, not your P&L. 2️⃣ Your Life Changes in 5 Moments 50 years → 5 big buying chances. Be ready when they come. 3️⃣ Don’t Quit Your Job A day job gives patience. Full‑time investing creates pressure. 4️⃣ Know Your Flaw. Build a System. Self-awareness beats intelligence. Create rules that protect you from you. 5️⃣ Stop “Selling.” Start “Switching.” Switching = logic. Selling = emotion. 💡 Mindset Wins. Not Activity. https://open.spotify.com/episode/01zjrwX0f0Q92mz6CQvNMb?si=I3NH0DLOQpKh3Zf5jws5ag

Aspire Morning

Aspire Morning

Aspire Morning - 14.12.2025

Sector rotation; Identifying the next growth engines According to ICICI securities ✨ Consumption & BFSI pace ✨ Chemical ✨ Auto ✨ capital good ✨ Metal & Pharma PIC credit by icici security

BANK OF JAPAN WILL HIKE RATES BY 25 BPS ON DECEMBER 19. JAPAN IS THE LARGEST HOLDER OF US GOVERNMENT DEBT. Listen More about the Implications: https://open.spotify.com/episode/0SI7bYMfr7z0ORHEKcmztn?si=O-8SMqR5QZq_NFfDvyiLjw