Stock - Vedanta #VEDL (CMP : 445)
View - Negative
๐ Trendline Break: Price has broken below the ascending trendline, indicating a possible trend reversal.
๐ป Symmetrical Triangle: The formation of a symmetrical triangle pattern, with the price breaking downward, suggests a bearish breakout.
๐ด Bearish Candlesticks: Recent large red candles indicate strong selling pressure.
๐ High Volume: Increased volume on down days confirms the selling strength.
โ ๏ธ Support Breach: Price has fallen below the โน450 support level, which may now act as resistance.
๐ฏ Stop Loss & Target: Stop loss around โน466 (red zone), target around โน405 (green zone), offering a favorable reward-risk ratio.
For Educational Purpose Only.
View - Negative
๐ Trendline Break: Price has broken below the ascending trendline, indicating a possible trend reversal.
๐ป Symmetrical Triangle: The formation of a symmetrical triangle pattern, with the price breaking downward, suggests a bearish breakout.
๐ด Bearish Candlesticks: Recent large red candles indicate strong selling pressure.
๐ High Volume: Increased volume on down days confirms the selling strength.
โ ๏ธ Support Breach: Price has fallen below the โน450 support level, which may now act as resistance.
๐ฏ Stop Loss & Target: Stop loss around โน466 (red zone), target around โน405 (green zone), offering a favorable reward-risk ratio.
For Educational Purpose Only.
๐ Reliance Industries Q1 FY25 Results:
- Net Profit: โน15,138 crore (๐ 5% YoY decline)
- Revenue: โน2,36,000 crore (๐ 12% YoY increase)
- EBITDA: โน42,748 crore (๐ 7.5% decline QoQ)
### Segment Highlights:
- O2C: Margins under pressure ๐
- Jio: Net profit up 12% to โน5,698 crore ๐
- Retail: Profit after tax grew 5% to โน2,549 crore ๐๏ธ
Market Reaction: Mixed results, with net profit below expectations. Analysts remain optimistic about growth in digital services and retail! ๐
- Net Profit: โน15,138 crore (๐ 5% YoY decline)
- Revenue: โน2,36,000 crore (๐ 12% YoY increase)
- EBITDA: โน42,748 crore (๐ 7.5% decline QoQ)
### Segment Highlights:
- O2C: Margins under pressure ๐
- Jio: Net profit up 12% to โน5,698 crore ๐
- Retail: Profit after tax grew 5% to โน2,549 crore ๐๏ธ
Market Reaction: Mixed results, with net profit below expectations. Analysts remain optimistic about growth in digital services and retail! ๐
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/
https://www.abovestocks.com/blog/hindustan-aeronautics-limited-the-best-stock-in-the-indian-defence-sector/
Above Stocks
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/
Almost 3% up today, read the complete article to understand why it is best defense stock.
Key Highlights from Indiaโs Economic Survey 2023-24: Growth, Inflation, and Reforms
https://www.abovestocks.com/news/key-highlights-from-india-economic-survey-2023-24/
https://www.abovestocks.com/news/key-highlights-from-india-economic-survey-2023-24/
ITC is the only Sensex stock with 90% win rate on Budget days
https://economictimes.indiatimes.com/markets/stocks/news/itc-is-the-only-sensex-stock-with-90-win-rate-on-budget-days/articleshow/111943414.cms
https://economictimes.indiatimes.com/markets/stocks/news/itc-is-the-only-sensex-stock-with-90-win-rate-on-budget-days/articleshow/111943414.cms
The Economic Times
ITC is the only Sensex stock with 90% win rate on Budget days
ITC Stocks on Budget: ITC leads Sensex stocks on Budget days with nine positive returns (avg. 1.47%). IndusInd Bank follows at 80%. Worst ITC day was in 2020 due to excise duty hike. Analysts foresee no further hikes; Prabhudas Lilladher raised ITC weightโฆ
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
============
============
- 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
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
Long Term 10% to 12.5%
Short Term 15% to 20%
negative news
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
๐This group does not provide any tips/recommendations/advice
๐All updates/posts/discussions are only for education and learning purpose.
๐Do Consult your financial advisor before taking trades or investment decisions
๐Group Admins or Members are not responsible for any financial losses
๐Disclaimer/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 only๐
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
๐This group does not provide any tips/recommendations/advice
๐All updates/posts/discussions are only for education and learning purpose.
๐Do Consult your financial advisor before taking trades or investment decisions
๐Group Admins or Members are not responsible for any financial losses
๐Disclaimer/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 only๐
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. ๐
HDFC Bank saw the most significant increase in mutual fund shareholding, followed by Kotak Mahindra Bank and IndusInd Bank . ๐ฆ
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. ๐ช
In Q1FY25, private sector banks collectively reported a 23% year-on-year increase in net profit. ๐ฐ
India's stock market and finance sector continue to thrive, with private banks at the forefront of this growth trajectory. ๐ฎ๐ณ
Mutual funds significantly increased their holdings in top private banks, driven by promising growth opportunities. ๐
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. ๐ช
In Q1FY25, private sector banks collectively reported a 23% year-on-year increase in net profit. ๐ฐ
India's stock market and finance sector continue to thrive, with private banks at the forefront of this growth trajectory. ๐ฎ๐ณ