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https://youtu.be/bi1YHlLa3S8?si=hTzIIEuW_NAj2ORL
Читать полностью…Imp news :- GST collections surge to ₹1.82 trillion in July, up 10.3% YoY
ITC June quarter profit flat at ₹4,917 cr, revenue rises 7.2% to ₹18,220 cr
Recently shoot 3-4 podcast in Delhi, this is one of them , rest links will paste here in future .
Читать полностью…Major Event –
Union Budget 2024 -23/7/24 - Tuesday
Good Morning everyone below are a few analyses given for learning purposes, do not take any trade based on these, Only do the observation. My only intention is to teach how we read price action, patterns & candlesticks. Best Stocks selection will not give you success along with that you need to focus on R:R and money management properly. Do your research before making any decision.
Читать полностью…Earnings -
Infosys –
Revenue Expectation - Rs.38,905 Cr. Reality – Rs. 39,315 Cr.
Profit – Expectation – Rs 6,198 Cr. Reality – Rs. 6368 Cr.
Raises FY25 revenue growth guidance to 3-4% vs 1-3% earlier.
Attrition rate falls 4.6%, employee strength declines 6.2% to 3.15 lakh
Good Morning everyone below are a few analyses given for learning purposes, do not take any trade based on these, Only do the observation. My only intention is to teach how we read price action, patterns & candlesticks. Best Stocks selection will not give you success along with that you need to focus on R:R and money management properly. Do your research before making any decision.
Читать полностью…Nifty IT has been forming a cup with handle & is about to give a breakout. The overall stock in IT index were having strong momentum on Friday post TCS results.
This sector can be in focus for long term as well.
Weekly Wrap –
SEBI has proposed to increase lot sizes for F&O contracts, raising margins around expiry dates and reducing number of weekly options contracts.
Nifty IT closed strong with 4% weekly gains as TCS reported strong quarterly results.
US CPI inflation for June falls below consensus to 3%, boosts chances of rate cut.
Stock has formed a weekly inside candle, and in daily time frame stock is consolidating for a few days, once the highs of this week is broken stock can be in focus for a bullish trade.
Fundamentals of this stock is average.
Good Morning everyone below are a few analyses given for learning purposes, do not take any trade based on these, Only do the observation. My only intention is to teach how we read price action, patterns & candlesticks. Best Stocks selection will not give you success along with that you need to focus on R:R and money management properly. Do your research before making any decision.
Читать полностью…The POS Traders Club :-
Website - https://powerofstockspro.com/
iOS - https://apps.apple.com/app/power-of-stocks-pro/id6450297635
Play Store - https://play.google.com/store/apps/details?id=com.rpy.powerofstockspro
Ipo alert:-
Ceigall India
Ceigall India was incorporated in July 2002, and it is an infrastructure construction company with experience in undertaking specialized structural work such as elevated roads, flyovers, bridges, railway bridges, tunnels, highways, expressways, and runways It has a reputation for delivering quality projects. They are one of the fastest growing engineering, procurement, and construction (“EPC”) company in terms of three-year revenue CAGR as of Fiscal 2023, among the companies with a turnover of over ₹ 10,000 million in Fiscal 2023.
The company has completed over 34 projects, including 16 EPC and one HAM project, in the roads and highways sector. Currently, the Company has 15 ongoing projects, including 11 EPC projects and four HAM projects which include elevated corridors, bridges, flyovers, rail overbridges, tunnels, expressways, runways, and multi-lane highways. In addition to undertaking operation and maintenance (“O&M”) activities by their contractual obligations under the EPC/HAM concession agreements, they have also undertaken independent O&M projects. Further, they have also undertaken sub-contracting projects in the past.
Objects of the Issue
Purchase of equipment
Repayment/ prepayment, in full or in part, of certain borrowings availed by our Company and our Subsidiary, CIPPL
Good Afternoon everyone below are a few analyses given for learning purposes, do not take any trade based on these, Only do the observation. My only intention is to teach how we read price action, patterns & candlesticks. Best Stocks selection will not give you success along with that you need to focus on R:R and money management properly. Do your research before making any decision.
Читать полностью…Market Updates –
Kotak Mahindra Bank Q1 Results: Net profit zooms 81% to ₹6,249 crore, NII up 10% YoY.
Reliance Q1 Results: Net profit declines 5.4% YoY to ₹15,138 crore, revenue up 11%
BSE market capitalization reached $5.45 trillion for the first time.
IPO of Sanstar got oversubscribed by 4.23 times.
Microsoft on Saturday said that CrowdStrike’s update affected 8.5 million Windows devices, or less than one percent of all Windows machines.
IPO Update –
Sanstar IPO –
Sanstar is one of the major manufacturers of plant-based specialty products and ingredient solutions
in India for food, animal nutrition, and other industrial applications (Source: Company Commissioned
Frost & Sullivan Report, dated December 30, 2023). Their products include liquid glucose, dried
glucose solids, maltodextrin powder, dextrose monohydrate, native maize starches, modified maize
starches, and co-products like germs, gluten, fibre, and enriched protein, amongst others. Their
speciality products and ingredients solutions add taste, texture, nutrients, and increased
functionality to (i) foods as ingredients, thickening agents, stabilizers, sweeteners, emulsifiers, and
additives (in bakery products, confectionery, pastas, soups, ketchups, sauces, creams, deserts,
amongst others), (ii) animal nutrition products as nutritional ingredients, and (iii) other industrial
products as disintegrants, excipients, supplements, coating agents, binders, smoothing & flattering
agents, finishing agents, among others.
Objects of the Issue
Funding the capital expenditure requirement for expansion of our Dhule Facility
Repayment and/or pre-payment, in part or full, of certain borrowings availed by our
Company
General corporate purposes
There is a real possibility of the finance minister raising the securities transaction tax (STT) for futures and options (F&O) trades in the Union Budget 2024, according to market participants. This is because there has been a lot of concern around the sudden surge in derivative trading, which is seen to be highly speculative in nature.
Читать полностью…Above is the CFD’s Silver weekly chart.
Silver is in a bull runs this year, on weekly charts silver is making higher high pattern. Post a bullish engulfing candle, silver has made a indecisive candle last week. We can expect silver to give good returns this week on bullish side.
Upcoming Important Events –
15/7/24 – Fed Chair Powell Speech.
18/7/24 -ECB interest rate decision.
Good Morning everyone below are a few analyses given for learning purposes, do not take any trade based on these, Only do the observation. My only intention is to teach how we read price action, patterns & candlesticks. Best Stocks selection will not give you success along with that you need to focus on R:R and money management properly. Do your research before making any decision.
Читать полностью…Stock has given a strong breakout in monthly charts, now it is retesting the previous high.In the weekly chart, stock has formed an inside candle, post breakout of the trendline. if it breaks previous week high. Fundamentals of this stock is also impressive.
Private Banks has been underperformer in this bull market, Now this sector can be in focus.