Above Stocks
1.13K subscribers
717 photos
2 videos
7 files
243 links
Above Stocks is an Indian stock market update group. We provide our recommendations for educational purposes only. Consult ur financial advisor before performing any trades.
Download Telegram
Allied Blend IPO (ABDL) listed at 320 (+13.8%)
Market Entered into Extreme Greed zone, Don't buy anything blindly. wait for perfect opportunity.
Stock - Vedanta #VEDL (CMP : 445)
View - Negative

๐Ÿ“‰ Trendline Break: Price has broken below the ascending trendline, indicating a possible trend reversal.
๐Ÿ”ป Symmetrical Triangle: The formation of a symmetrical triangle pattern, with the price breaking downward, suggests a bearish breakout.
๐Ÿ”ด Bearish Candlesticks: Recent large red candles indicate strong selling pressure.
๐Ÿ“Š High Volume: Increased volume on down days confirms the selling strength.
โš ๏ธ Support Breach: Price has fallen below the โ‚น450 support level, which may now act as resistance.
๐ŸŽฏ Stop Loss & Target: Stop loss around โ‚น466 (red zone), target around โ‚น405 (green zone), offering a favorable reward-risk ratio.

For Educational Purpose Only.
๐Ÿ“Š Reliance Industries Q1 FY25 Results:

- Net Profit: โ‚น15,138 crore (๐Ÿ“‰ 5% YoY decline)
- Revenue: โ‚น2,36,000 crore (๐Ÿ“ˆ 12% YoY increase)
- EBITDA: โ‚น42,748 crore (๐Ÿ“‰ 7.5% decline QoQ)

### Segment Highlights:
- O2C: Margins under pressure ๐Ÿ˜Ÿ
- Jio: Net profit up 12% to โ‚น5,698 crore ๐Ÿš€
- Retail: Profit after tax grew 5% to โ‚น2,549 crore ๐Ÿ›๏ธ

Market Reaction: Mixed results, with net profit below expectations. Analysts remain optimistic about growth in digital services and retail! ๐ŸŒŸ
Hindustan Aeronautics Limited โ€“ The Best Stock in the Indian Defence Sector

https://www.abovestocks.com/blog/hindustan-aeronautics-limited-the-best-stock-in-the-indian-defence-sector/
Key Highlights from Indiaโ€™s Economic Survey 2023-24: Growth, Inflation, and Reforms

https://www.abovestocks.com/news/key-highlights-from-india-economic-survey-2023-24/
Budget 2024

Live at 11 AM

Get ready for extreme volatility.

Not to trade one day is ok. If there is any amazing opportunity, i will share it here.
Key numbers from Feb interim budget
============
- Fiscal deficit : Current at 5.1% (Govt target to lower it to 4.5% by FY26)
- Capex : INR 11.1 trillion
- Tax revenue : INR 38.31 trillion (INR 21.99 trillion direct + INR 16.22 trillion indirect)
- GST : INR 10.68 trillion
- Gross borrowing : INR 14.13 trillion
- Net borrowing : INR 11.75 trillion
============
Budgetary Priorities

1) Productivity in Agri sector
2) Employment and Skill Development
3) Inclusive priority and Social Justice
4) Manufacturing and Services
5) Urban Development
6) Energy Security
7) Infrastructure
8) Innovation and Research
9) Next Generation Reforms
Bad News hit markets,
Long Term 10% to 12.5%
Short Term 15% to 20%
negative news
New Tax system on income from Buyback, which was free earlier.
SEBI SOCIAL MEDIA MANDATE
MANDATORY DISCLAIMER AS REQUIRED BY SEBI

KIND ATTENTION TO ALL MEMBERS

Disclaimer from Admins as per SEBI norms: Equity Investment are subject to 100% market risks. Refer your financial consultant advice before Investing. This group is only for Educational and Learning, Knowledge Purposes. Admins have no responsibility for your intended decision & financial losses. Keep calculated & always analyzed your cash position and risk bearing capacity before following msg of our group postings. Stock market investments are VERY RISKY and being part of this group, you agree that you understand the Market risks involved. Profits and Losses are part of Share market. Kindly understand and act wisely. All member pls follow guidelines as applicable even in past too. Now SEBI is more strict about their actions. Pls kindly co-operate.


Disclaimer/ disclosure

๐Ÿ‘‰This group does not provide any tips/recommendations/advice
๐Ÿ‘‰All updates/posts/discussions are only for education and learning purpose.
๐Ÿ‘‰Do Consult your financial advisor before taking trades or investment decisions
๐Ÿ‘‰Group Admins or Members are not responsible for any financial losses
๐Ÿ‘‰Disclaimer/disclosure/terms and conditions applicable to all members of this channel

We are not sebi registered

All the posts are for education and learning purpose only๐Ÿ‘
Mutual Funds Increase Holdings in Private Banks, This Bank Experiences Record Surge

Mutual funds significantly increased their holdings in top private banks, driven by promising growth opportunities. ๐Ÿ“ˆ
HDFC Bank saw the most significant increase in mutual fund shareholding, followed by Kotak Mahindra Bank and IndusInd Bank. ๐Ÿฆ
This trend coincided with a rise in the share prices of these banks and the Nifty Private Bank index. โฌ†๏ธ
Despite mixed quarterly results, the private banking sector remains robust, drawing considerable interest from investors. ๐Ÿ’ช
In Q1FY25, private sector banks collectively reported a 23% year-on-year increase in net profit. ๐Ÿ’ฐ
India's stock market and finance sector continue to thrive, with private banks at the forefront of this growth trajectory. ๐Ÿ‡ฎ๐Ÿ‡ณ