Stockstudy8-RSP
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On 1st Attempt
Made low 18837 & now hit 19233++

18888>>> 18233+

Now 19233-55 previously Strong Support..now the same level act as Resistance for market as per #LawOfPolarity Rule

#WatchOut #Nifty50

👇👇
https://twitter.com/Stockstudy8/status/1717407651053842505?t=FlErqiQ9-PuB-pgc8tJsQQ&s=19
Word of the day
Current Ratio


Current ratio tells us if the company has enough short term assets (cash, accounts receivable, and inventory) to pay for its short term liabilities (short term debt and payables).
It is calculated by dividing the company’s current assets by its current liabilities.
A current ratio of more than 1 might suggest that the company is in a good position to cover its short-term liabilities.
Made low 18837 & now hit 19450++

18888>>> 18450+

Now keep eye on 19555/585 zone
Strong Resistance 💪

#WatchOut #Nifty50
👇👇
https://twitter.com/Stockstudy8/status/1717407651053842505?t=FlErqiQ9-PuB-pgc8tJsQQ&s=19
#ElectroSteelCasting
60/63 >>> 99++
Up 63%❤️

Target done 👍
Book & enjoy #Dhanteras

Watch details Analysis here (35 min )
https://www.youtube.com/live/2P3sTaXONvE?si=7qQYNQGEJ_WCpGq4

#smallcap
#MCX
1780 >>>2635++
(No retest)

Details Analysis here: Watchtime 26:00
https://www.youtube.com/live/4KfBBsYu66Q?si=wtHhEBCBEfsZAttA

#MCX
Wishing each and everyone a happy and prosperous Diwali 🪔
Hope the festive season brings love, joy and light to your homes 🙏

#HappyDiwali
Word of the day
FPO


During a Follow-on Public Offering, a listed company issues new shares to shareholders and raises money.
It is similar to an IPO with respect to how the funds are raised.
In an IPO, new shares are issued to the public for the first time ever. In an FPO, an already listed company issues new shares to raise funds.

https://twitter.com/Stockstudy8/status/1724304843156902104?t=kaYdd3qs5GnHDsqQrXp-5w&s=19
Word of the day
Wholesale Inflation


Wholesale inflation is the change in prices of goods at a wholesale level (when sold in bulk).
An index called Wholesale Price Index (WPI) is used to track this change.
It measures the change in prices of 3 main kinds of goods: Primary articles (minerals, food articles, crude, etc), fuel & power, and manufactured products).
It considers only basic prices and does not include taxes, rebate/trade discounts, transport, and other charges.
Word of the day
Non-Performing Assets


Non-performing assets (NPA) are loans that no longer bring any income for a bank.
Any loan on which EMIs (interest or principal amount) have not been paid for over 90 days is called a non-performing asset.
When NPAs rise, a bank’s profitability and capacity to lend money might fall.
Word of the day
Trade Deficit


Trade deficit is when a country imports more than it exports.
Importing is buying goods and services from other countries. Exporting is selling goods and services to other countries.
India has a trade deficit of $31.46 billion as of October 2023.
Which means, we imported goods and services worth $31.46 billion more than we exported.
आप सभी को सूर्य उपासना एवं लोक आस्था के महापर्व छठ पूजा की हार्दिक शुभकामनाएं।