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S&P 500 and FTSE 100 charts (Jan 18, 2019): pullback rallies showing renewed vigour

17 hours ago  
Business / Blogs/ Subhankar Blog  
S&P 500 index chart patternAfter a day's correction on Mon. Jan 14, the daily bar chart pattern of SPX 500 brushed past bear resistance at 2600, and soared above its 50 day EMA to close at 2670 with a 2.9% weekly gain.Looming overhead is a resistance zone (marked by light gray oval), where the sliding 200 day EMA, the upper Bollinger Band and the (purple) down trend line have converged. Bears can be expected to put up a stronger resistance when trading starts on Tue. Jan 22 (after the long weekend). Daily technical indicators are looking bullish. MACD is rising above its signal line in bullish zone. RSI is moving up above its 50% level. Slow stochastic is moving sideways inside its overbought zone, and can trigger a correction.On longer term weekly chart (not shown), the index closed well above its 200 week EMA and just above 20 week EMA in long-term bull territory, but remains below its falling 50 week EMA. Weekly technical indicators a..
                 

January 2019 Data Update 4: The Many Faces of Risk!

7 hours ago  
Business / Blogs/ Aswath Damodaran Blog  
                 

Weekly Reading - Some Interesting Stuff

yesterday  
Business / Blogs/ Abhishek Basumallick Blog  
Why sunscreen is harmful for our overall well-being and we should all spend a fair amount of time outdoors.Vitamin D now looks like the tip of the solar iceberg. Sunlight triggers the release of a number of other important compounds in the body, not only nitric oxide but also serotonin and endorphins. It reduces the risk of prostate, breast, colorectal, and pancreatic cancers. It improves circadian rhythms. It reduces inflammation and dampens autoimmune responses. It improves virtually every mental condition you can think of. And it’s free.https://www.outsideonline.com/2380751/sunscreen-sun-exposure-skin-cancer-scienceAn article co-authored by Arvind Subramaian on why we all need to be careful of a slowing Chinese economy.According to the International Monetary Fund, Chinese corporate, government, and household debt has increased by about $23 trillion in the last decade alone, and its debt-to-gross domestic product ratio has risen by around 100 percentage points, to more than 250 per c..
                 

The secret of Rakesh Jhunjhunwala’s success

2 days ago  
Business / Blogs/ RJ Fan Site Forum  
                 

#10 Year Challenge

3 days ago  
Business / Blogs/ Alpha Ideas  
                 

Are you going to get eaten?

4 days ago  
Business / Blogs/ Alpha Ideas  
                 

How to Pick Winning Stocks for Investment?

5 days ago  
Business / Blogs/ Saral Gyan Blog  
Dear Reader,It is very important to evaluate company using vital parameters before finalizing it as an investment candidate. Many investors who are new to stock markets simply look at share price, its 52 week high & low and put their hard earned money in equities to work. And as we all know, most of the times this approach never works.We always suggest our readers to a proper & thorough research before taking any exposure in riskier asset like equities. Below are the 9 important parameters which are broadly used as tools for doing fundamental analysis of a company. Using these key parameters, Investors can pick winning stocks for their portfolio to get rewarded in long term.1. Company’s History & Promoter's CredentialsThis is one of the most important factor when one is looking to buy stock in an unknown company. It is best to look up the accounts for a co..
                 

Coffee Day Enterprises Ltd - Value Pick

5 days ago  
Business / Blogs/ Ace Investor Blog  
                 

Missed on 5th? Grab it on 15th Jan'19 - Makar Sankranti Day!

6 days ago  
Business / Blogs/ Saral Gyan Blog  
Dear Reader,Saral Gyan team wishes you Happy Makar Sankranti!Makar Sankranti is a very auspicious day in Hindu customs. Throughout India, people celebrate this festival with great enthusiasm and fervour. Devotees visit temples early in the morning after a ritual bath and pray to God asking for blessings for the whole family.The festival is celebrated in different names in different parts of the country. In south India, it is popularly called ‘Pongal’, in Punjab and Haryana it is called ‘Lohri’, in Assam it is called ‘Bihu’ and ‘Khichdi festival’ in Bihar.The famous kite flying festival takes place in Gujarat and other parts of the country where large families get on to the terrace of their respective houses to compete in flying kites with relatives and neighbours.The festival is an important occasion to mark the end of dark phases and the beginning of a new phase in everyone’s lives. People celebrate the festival to bring in a feeling of universal brotherhood and harmony among people.&..
                 

Chor Promoter Did Fraud & Caused Massive Loss: Porinju Veliyath Fumes & Vows To Bring Them To Book

9 days ago  
Business / Blogs/ RJ Fan Site  
                 

2019 – A Year of Small Caps?

10 days ago  
Business / Blogs/ Alpha Ideas  
                 

Weekly Reading: Some Interesting Stuff

10 days ago  
Business / Blogs/ Abhishek Basumallick Blog  
As I mentioned in my last article in Economic Times, parts of the world is increasingly turning ultra-right-wing politically. This long-read from New Yorker is about Viktor Orbán, the Prime Minister of Hungary, who has been building a wall around his country and increasing his domestic popularity.Posters throughout Hungary read, “If you come to Hungary, you must respect Hungarian culture!” All the posters were in Hungarian. That summer, Orbán’s government began to construct a fence along Hungary’s borders with Serbia and Croatia, essentially halting immigration to the country. Der Spiegel declared him “the political victor” of the immigration crisis, and, since then, each new terrorist attack at a Christmas market in Berlin or Strasbourg seems to bolster his standing.https://www.newyorker.com/magazine/2019/01/14/viktor-orbans-far-right-vision-for-europeI have been flirting with this idea of going back to the "dumb phone", but am finding it incredibly difficult. Mobile phone h..
                 

NOVA: Apollo's Daring Mission

11 days ago  
Business / Blogs/ Value Investing World Blog  
                 

January 2019 Data Update 3: Playing the Numbers Game!

12 days ago  
Business / Blogs/ Aswath Damodaran Blog  
                 

What is stock market?

12 days ago  
Business / Blogs/ RJ Fan Site Forum  
                 

Innocence

12 days ago  
Business / Blogs/ Alpha Ideas  
                 

Rotation Time

13 days ago  
Business / Blogs/ Alpha Ideas  
                 

Gold and Silver charts: back in bull territories after several months

13 days ago  
Business / Blogs/ Subhankar Blog  
Gold chart patternThe following comments were made in the previous post on the daily bar chart pattern of Gold: "Expect gold's price to consolidate around current level for some time before it makes an attempt to cross above the next 'support/resistance zone' between 1260 & 1270."The consolidation lasted barely three days. Gold's price dropped below 1250 intra-day during Dec 18-20 but received good support from its 200 day EMA. After easily crossing above the 'support/resistance zone' between 1260-1270, gold's price rose almost vertically - thanks to a falling US Dollar index - to touch an intra-day high of 1300 on Jan 4 '19.Formation of a 'reversal day' bar (higher high, lower close) with a surge in volumes have put a temporary halt to the rally. Some correction/consolidation can be expected after a hectic rally.Daily technical indicators are looking bullish and overbought. MACD is at the edge of its overbought zone. RSI has slipped down from its overbought zon..
                 

Sensex, Nifty charts (Jan 04, 2019): another week of consolidation within rising wedge patterns

15 days ago  
Business / Blogs/ Subhankar Blog  
FIIs were net sellers of equity on all 5 trading days during the week. Their total net selling was worth Rs 21.3 Billion. DIIs were net sellers of equity on Wed. (Jan 2), but net buyers on the other four days. Their total net buying was worth Rs 5.1 Billion, as per provisional figures.The Nikkei India Services PMI slipped to 53.2 in Dec '18 from 53.7 in Nov '18 due to slower rise in new orders. (A number more than 50 indicates expansion.) The Composite PMI (Manufacturing + Services) moved down to 53.6 in Dec '18 from 54.5 in Nov '18. During Apr-Nov '18, the government's total net indirect tax collection (inclusive of CGST, IGST, and GST-Compensation Cess) has been Rs 6.13 Trillion, which is about 55% of the budget estimate for FY 2018-19 of Rs 11.16 Trillion.BSE Sensex index chart patternFor the past 12 weeks, the daily bar chart pattern of Sensex has been trading within a bearish 'rising wedge' pattern, from wh..
                 

Act Before 11.59 PM Today to Grab Best Discounted Price!

16 days ago  
Business / Blogs/ Saral Gyan Blog  
Dear Reader,Finally, time has come to say Goodbye to the festive season with end of Saral Gyan Merry Christmas - Happy New Year 2019 Offer, our offer will close today at 11.59 PM. We are thankful to our readers for giving overwhelming response to our offer by joining our services at best discounted prices and also grabbing valuable freebies. We will close our offer mid night today, if you are still thinking to join, Act Now! Our ongoing offer will disappear from our website on 06th Jan 2019.Since 2010, Saral Gyan team has published hundreds of articles providing insight to equity market and today cherish association of around 38,000 members. Articles published on our website received lot of appreciation as it helped our readers to make educated and smart investment decisions based on facts.During past 8 years, we launched suitable services to help Investors to create wealth by investing in Indian stock market. Its appreciation and suppo..
                 

Subscription under Christmas - New Year Offer Closes Today!

17 days ago  
Business / Blogs/ Saral Gyan Blog  
Dear Reader,We are pleased to inform you that we have received an overwhelming response from our readers towards ongoing Saral Gyan Merry Christmas - Happy New Year 2019 Offer which will close today on 5th Jan 2018 at 11.59 PM.Since 2010, Saral Gyan team has published hundreds of articles providing insight to equity market and today cherish association of more than 38,000 members. Articles published on our website received lot of appreciation as it helped our readers to make educated and smart investment decisions based on facts.During past 8 years, we launched suitable services to help Investors to create wealth by investing in Indian stock market. Its appreciation and support of our readers that one of our most admired service - Hidden Gems ranks on top not only in performance but also on Google search engine. Try it out yourself by searching "Unexplored Multibaggers" or "Hidden Gems & Value Picks" or..
                 

When Sugar Met NBFC

17 days ago  
Business / Blogs/ Alpha Ideas  
                 

Ambition

17 days ago  
Business / Blogs/ Alpha Ideas  
                 

It Was Mistake To Not Sell 10-Bagger Stock, Mohnish Pabrai Admits, While Revealing Performance Of His Funds

yesterday  
Business / Blogs/ RJ Fan Site  
                 

Sensex, Nifty charts (Jan 18, 2019): unconvincing upward breakouts from 'diamond' patterns

yesterday  
Business / Blogs/ Subhankar Blog  
FIIs were net buyers of equity on Tue. and Thu. (Jan 15 and 17) but net sellers on the other three trading days. Their total net buying was worth Rs 0.54 Billion. DIIs were net sellers of equity on Thu. and Fri., but net buyers during the first three days. Their total net buying was worth Rs 5.2 Billion, as per provisional figures.As per data available till Sep '18, the total debt of the Indian government has increased by more than 49% to Rs 82 Trillion during NDA's 4.5 year stint - from Rs 54.9 Trillion in Jun '14.Volatility in crude oil prices has hit synthetic textile manufacturers hard, with frequent change in buying behaviour observed for both raw material and finished product segments.BSE Sensex index chart patternIn last week's post on the daily bar chart pattern of Sensex, the following four possible outcomes of a breakout from the 'diamond' pattern was mentioned: a downward breakout, an upward breakout, a 'false' upward/do..
                 

Reliance : The Baap of India Retail

3 days ago  
Business / Blogs/ Alpha Ideas  
                 

Druckenmiller: It’s NOT the Economy, Stupid

4 days ago  
Business / Blogs/ Alpha Ideas  
                 

Resources to Learn Equity Valuation

5 days ago  
Business / Blogs/ Abhishek Basumallick Blog  
This is a question I received today, "I am on my journey to study and understand value investing. Can you please suggest some good sources where I can build my skills in the mathematical part of value investing. I mean analyzing the numbers. The "how to" of value investing. As far as the mindset part is concerned, I read about behavioral finance. My weak link is the numbers part, since I don't have a formal background in accounting or finance."  I thought I would reply back to the person concerned. But then figured that this could possibly be a question that a lot of other investors, who may be starting out on their investing journey, may have. So, why not put it in a post so that it helps more people.  So, here goes some good references, which I have found useful.1) Aswath Damodaran course on valuation is available free on youtube (- https://www.youtube.com/watch?v=znmQ7oMiQrM&list=PLUkh9m2BorqnKWu0g5ZUps_CbQ-JGtbI9) This is really great and helps navigate thro..
                 

Why Super Top Up Health Insurance Plan Is A Must

5 days ago  
Business / Blogs/ Sanjay Matai Blog  
                 

Missed on 5th? Last Opportunity to Grab it on 15th Jan 2019

6 days ago  
Business / Blogs/ Saral Gyan Blog  
Dear Reader,Saral Gyan team wishes you Happy Makar Sankranti!As you are aware, we recently closed our Christmas - New Year 2019 offer on 05th Jan'19. Post closure of offer, as usual, we received plenty of emails from our readers (who missed to avail our subscription services at discounted prices) requesting to pass on the same discounts & freebies once again. As we can't do so once offer is closed, our readers were bit disappointed.However, we decided to pass on the same benefits applicable under Christmas - New Year 2019 Offer (closed on 05th Jan'19) on 15th Jan'19 on occasion of Makar Sankranti. So, if you missed our offer earlier, you can opt it today! Attractive discounts & valuable freebies which can be availed today are as under:1. Discount up to 30% on combo pack subscription 2. Portfolio of 10 Small and Mid Cap Stocks for 2019 (1st Jan'19) - Read More3. Existing Portfolio Health Check Up under Wealth-Builder subscription - Read More4. Special Report ..
                 

WTI and Brent Crude Oil charts: pullback rallies stall at 50 day EMAs

6 days ago  
Business / Blogs/ Subhankar Blog  
WTI Crude Oil chartThe following remark was made in the previous post on the daily bar chart pattern of WTI Crude Oil: "Some price consolidation can be expected, as bulls may try to defend the long-term support/resistance level of 42."Bulls did put up a strong defence at the long-term 'support/resistance' level of 42 - aided by  positive divergences visible on MACD and RSI (which touched higher lows). Oil's price had touched an intra-day low of 42.36 on Dec 24 and closed at 42.53. On the next trading day (Dec 26), oil's price recovered from an intra-day low of 42.52 to close at 46.22.After a brief sideways consolidation, oil's price easily climbed above its 20 day EMA and rose to test resistance from its 50 day EMA. Bears used weakness in the Chinese economy as a trigger to start selling.Daily technical indicators are turning bearish. MACD is rising above its signal line in bearish zone, but its upward momentum is weakening. RSI is seeking support from its..
                 

S&P 500 and FTSE 100 charts (Jan 11, 2019): pullback rallies run out of steam

7 days ago  
Business / Blogs/ Subhankar Blog  
S&P 500 index chart patternAfter five straight sessions of higher closes, the pullback rally on the daily bar chart pattern of SPX 500 failed to overcome resistance from the 'support/resistance' level of 2600 and closed slightly lower. The index closed above its 20 day EMA with a weekly gain of 2.5%, but is trading below its 50 day and 200 day EMAs in a bear market.The sharp 'V' shaped rally from the Dec '18 low is typical of bear market rallies. The sliding volumes during the rally is an indication that the rally has probably run its course.Daily technical indicators are looking bullish. MACD is rising above its signal line in bearish zone. RSI is moving sideways just above its 50% level. Slow stochastic is well inside its overbought zone, and can trigger a correction.On longer term weekly chart (not shown), the index closed well above its 200 week EMA in long-term bull territory, but remains below its falling 20 week and 50 week EMAs. Weekly technical ind..
                 

Direction Not Size

7 days ago  
Business / Blogs/ Alpha Ideas  
                 

How I Found Mega Multibaggers & Became Millionaire: Dolly Khanna Reveals All Top Secrets & Discusses Latest “No Brainer” Stock Pick

8 days ago  
Business / Blogs/ RJ Fan Site  
                 

Back to Class: A Teaching Manifesto!

10 days ago  
Business / Blogs/ Aswath Damodaran Blog  
                 

How Banks are Changing

10 days ago  
Business / Blogs/ Alpha Ideas  
                 

Lost Money On Mobile Wallet? Report It ASAP.

10 days ago  
Business / Blogs/ Sanjay Matai Blog  
                 

When your Portfolio is down by 30%

11 days ago  
Business / Blogs/ Alpha Ideas  
                 

What Sector Consolidation Looks Like

11 days ago  
Business / Blogs/ Alpha Ideas  
                 

Is the Retail Investor getting tired?

12 days ago  
Business / Blogs/ Alpha Ideas  
                 

PO Small Savings Schemes Interest Rates Jan-Mar'19

13 days ago  
Business / Blogs/ Sanjay Matai Blog  
                 

Multibagger Small Caps: Hidden Gems - SIP Returns @ 156.8%

14 days ago  
Business / Blogs/ Saral Gyan Blog  
Dear Reader,A small investment of Rs. 10,000 a month over a period of 10 years can help you create a corpus of Rs. 25 lakhs. Total amount invested over period of 10 years by you will be Rs. 12 lakhs and you will have profit of Rs. 13 lakhs. Not Good? This might look less to you as we are assuming returns of 13.5% per annum. If we assume returns of 27% per annum, your corpus will be Rs. 50 lakh and your profits would be more than 3 times of your actual investments that too when you are investing a nominal amount of Rs. 10,000 on monthly basis. Impressive! Right?You might think that investing in mutual funds could be one of the way to start SIP (Systematic Investment Plan). However, returns may not be that high which you can generate by directly investing into good quality small and mid cap stocks. Hence, we suggest our members to start SIP by directly investing in stocks every month. What you are suppose to do is to invest your savings in a particular stock once in a month instead ..
                 

Mega Trend: Life Insurance Density in India

14 days ago  
Business / Blogs/ Alpha Ideas  
                 

An Opportunity Missed Is An Opportunity Lost. Act Now!

16 days ago  
Business / Blogs/ Saral Gyan Blog  
Dear Reader,Finally, time has come to say Goodbye to the festive season with end of Saral Gyan Merry Christmas - Happy New Year 2019 Offer, our offer will close today at 11.59 PM. We are thankful to our readers for giving overwhelming response to our offer by joining our services at best discounted prices and also grabbing valuable freebies. We will close our offer mid night today, if you are still thinking to join, Act Now! Our ongoing offer will disappear from our website on 06th Jan 2019.Since 2010, Saral Gyan team has published hundreds of articles providing insight to equity market and today cherish association of around 38,000 members. Articles published on our website received lot of appreciation as it helped our readers to make educated and smart investment decisions based on facts.During past 8 years, we launched suitable services to help Investors to create wealth by investing in Indian stock market. Its appreciation and suppo..
                 

Last Few Hours! Offer will Disappear Today at 11.59 PM

16 days ago  
Business / Blogs/ Saral Gyan Blog  
Dear Reader,Finally, time has come to say Goodbye to the festive season with end of Saral Gyan Merry Christmas - Happy New Year 2019 Offer, our offer will close today at 11.59 PM. We are thankful to our readers for giving overwhelming response to our offer by joining our services at best discounted prices and also grabbing valuable freebies. We will close our offer mid night today, if you are still thinking to join, Act Now! Our ongoing offer will disappear from our website on 06th Jan 2019.Since 2010, Saral Gyan team has published hundreds of articles providing insight to equity market and today cherish association of around 38,000 members. Articles published on our website received lot of appreciation as it helped our readers to make educated and smart investment decisions based on facts.During past 8 years, we launched suitable services to help Investors to create wealth by investing in Indian stock market. Its appreciation and suppo..
                 

Last 24 Hours to Grab Huge Discounts & Valuable Freebies

17 days ago  
Business / Blogs/ Saral Gyan Blog  
Dear Reader,We are pleased to inform you that we have received an overwhelming response from our readers towards ongoing Saral Gyan Merry Christmas - Happy New Year 2019 Offer which will close on 5th Jan 2018 at 11.59 PM.Since 2010, Saral Gyan team has published hundreds of articles providing insight to equity market and today cherish association of more than 38,000 members. Articles published on our website received lot of appreciation as it helped our readers to make educated and smart investment decisions based on facts.During past 8 years, we launched suitable services to help Investors to create wealth by investing in Indian stock market. Its appreciation and support of our readers that one of our most admired service - Hidden Gems ranks on top not only in performance but also on Google search engine. Try it out yourself by searching "Unexplored Multibaggers" or "Hidden Gems & Value Picks" or ..
                 

Saral Gyan: Helping Investors to Create Wealth in Long Term

17 days ago  
Business / Blogs/ Saral Gyan Blog  
Dear Reader,Since 2010, Saral Gyan team has successfully published hundreds of articles providing insight to equity market and today cherish association of around 38,000 readers. Articles published on our website received lot of appreciation as it helped our readers to make educated and smart investment decisions based on facts.During past 8 years, we launched suitable services to help Investors to create wealth by investing in Indian stock market. Its appreciation and support of our readers that our most admired services - Hidden Gems and Value Picks ranks on top not only in performance but also on Google search engine. Try it out yourself by searching "Unexplored Multibaggers" or "Hidden Gems and Value Picks" "Multibagger Value Picks" on Google, you will find our website www.saralgyan.in featuring on top in search results. Its your appreciation and word of mouth publicity which make ou..
                 

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Amazon Bestseller: Guide To Technical Analysis & Candlesticks - Ravi Patel

2 years ago  
Shopping / Amazon/ Financial Books  
                 

India Inc., in Numbers (2019): Data Update and Economic Value Added (EVA)

yesterday  
Business / Blogs/ Dinesh Sairam Blog  
                 

Sell HDFC Bank & Buy “Next HDFC Bank” Stock To Make Multibagger Gains: Sanjiv Bhasin

yesterday  
Business / Blogs/ RJ Fan Site  
                 

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Bear Market Ended On Christmas Eve. Bull Market Is Now Starting. Buy Stocks ASAP: Expert

2 days ago  
Business / Blogs/ RJ Fan Site  
                 

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All in India

4 days ago  
Business / Blogs/ Alpha Ideas  
                 

Nifty chart: a midweek technical update (Jan 16, 2019)

5 days ago  
Business / Blogs/ Subhankar Blog  
FIIs were net buyers of equity on Tue. (Jan 15), but net sellers on Mon. & Wed. (Jan 14 & 16). Their total net selling was worth Rs 6.6 Billion. DIIs were net buyers on all three trading days. Their total net buying was worth Rs 12.5 Billion, as per provisional figures.India's wholesale and retail inflation eased further in Dec '18 on the back of cooling food and fuel prices. CPI-based inflation slipped to an 18 months low of 2.19% from 2.33% in Nov '18 and 5.21% in Dec '17. WPI-based inflation was at an 8 months low of 3.8% against 4.64% in Nov '18 and 3.58% in Dec '17. A vicious battle for supremacy is raging on the daily bar chart pattern of Nifty, with no quarter given and none asked.On Mon. Jan 14, the index dropped below the 'diamond' pattern - within which it has been trading since the beginning of Nov '18 - and even slipped below its 200 day EMA into bear territory intra-day. Just when it looked like bears were going to dominate, bulls..
                 

Stock Market Wallas these days…

5 days ago  
Business / Blogs/ Alpha Ideas  
                 

Infographic: Timeline of Technology Disruption

6 days ago  
Business / Blogs/ Alpha Ideas  
                 

Stocks on Radar–ACC, Vedanta, UPL,Piramal Enterprises,Motherson Sumi, Lupin, Indiabulls Housing,Havells, Container Corp,BEL & Ambuja Cements. Mumbai Training 2nd and 3rd February

6 days ago  
Business / Blogs/ Nooresh Technical View Blog  
                 

J&K Bank : Future Profit > Current Market Cap?

7 days ago  
Business / Blogs/ Alpha Ideas  
                 

GSK giving a boost to HUL in an all equity merger!

7 days ago  
Business / Blogs/ M&A Critique  
Hindustan Unilever outruns Nestle and bags GSK’s nutrition business in its kitty. This being the country’s biggest consumer goods deal is an all equity deal. Hindustan Unilever Ltd (HUL), incorporated in 1933 and is a subsidiary of Unilever, one of the world's leading suppliers of Food, Home Care, Personal Care and Refreshment products. Unilever has over 67% shareholding in HUL. HUL is India's largest fast-moving consumer goods company with a heritage of over 80 years in India. HUL operates in four business segments, they are: Personal care includes products in the categories of oral care skin care, soaps, hair care, talcum powder and colour cosmetics.Home Care includes detergent bars detergent powdersFoods & RefreshmentsWater purifier called Pureit The shares of HUL are listed on BSE and NSE and current market cap is ~₹3,86,076 Crores. GlaxoSmithKline Consumer Healthcare Ltd (GSK), is one of the largest players in the Health Food Drinks industry in India. The company is an Indian ..
                 

Sensex, Nifty charts (Jan 11, 2019): poised to breakout from 'diamond' patterns

9 days ago  
Business / Blogs/ Subhankar Blog  
FIIs were net buyers of equity on Mon. and Wed. (Jan 7 and 9) but net sellers on the other three days during the week. Their total net selling was worth Rs 5.7 Billion. DIIs were net sellers of equity on Mon., but net buyers on the other four days. Their total net buying was worth Rs 11.3 Billion, as per provisional figures.India's IIP (Index of Industrial Production) dropped to a disappointing 17 months low of 0.5% in Nov '18 from an upwardly-revised 8.4% in Oct '18, due to a high base effect and a contraction in manufacturing growth. The previous low of 0.3% occurred in Jun '17 (a month before GST introduction).BSE Sensex index chart patternThe bearish 'rising wedge' pattern (refer last week's post) on the daily bar chart pattern of Sensex has morphed into a 'diamond' pattern, which usually has bearish implications. In other words, the likely breakout from the pattern is downwards.Since a 'diamond' - a somewhat rare pattern - ten..
                 

TCPL Packaging - Our 6-Bagger Stock - ROI @ 524% in 6 Years

10 days ago  
Business / Blogs/ Saral Gyan Blog  
Dear Reader,We are glad to inform you that our Hidden Gem stock of Jan'13 - TCPL Packaging Ltd (BSE Code: 523301) is a 6-Bagger stock for our Hidden Gems members in 6 years. Our team suggested Buy on TCPL Packaging Ltd at average price of 70.50 on 31st Jan'13 with a target price of Rs. 160. We suggested our members to continue to hold once target was achieved. TCPL Packaging stock price closed at Rs. 439.70 today, giving 524% returns in last 6 years.TCPL Packaging made all time high of Rs. 780 and even after witnessing a fall of 44% from its all time high, stock is giving returns of 524% in last 6 years and still is a 6-Bagger stock. In fact, we advised our members to book partial profits in TCPL Packaging in January 2018 by selling 50% of their holding around Rs. 700 - 740 levels and holding the remaining quantity for long term.Below is the summary of TCPL Packaging Ltd shared by our team under Hidden Gem stock recommendation - Jan'131. Company BackgroundTCPL Packaging Ltd.,..
                 

Centre’s disinvestment boost: PFC to buy REC

10 days ago  
Business / Blogs/ M&A Critique  
In order to meet the disinvestment target of ₹80,000 crore for this financial year, the Cabinet Committee on Economic Affairs has given an in-principal approval for the strategic sale of 52.63% stake in Rural Electrification Corporation (REC) to Power Finance Corporation (PFC) along with transfer of management control. The proposed deal is likely to fetch the government around ₹15,000 crores and after the closure of the deal, REC will become a subsidiary of PFC. The proposed deal is similar to the one where Oil and Natural Gas Corporation (ONGC) acquired the government's entire 51.11% stake in oil refiner Hindustan Petroleum Corporation last year for nearly ₹37,000 crores. The upstream state-owned oil behemoth financed the deal with market borrowing of ₹25,000 crores. Also, the proposed deal will be along the lines of government's idea to create large public sector companies by consolidating companies based of common factors and functions. In an otherwise stressed sector, both REC a..
                 

Mega Trend: Share of NBFCs in System Credit

11 days ago  
Business / Blogs/ Alpha Ideas