YESTERDAY Momemntum of FII Selling has Eased off. Athough they were Net seller for yesterday of Rs.400 Crs. Nifty if breaks support of 10775 intraday then Panic Selling could also Trigger. Although There is minor support at 10705-10750.
11000 on upper side could be Resistance. Yesrterday Pak announced stopped all Bilateral Trade with India. This will have minimum or no impact as There is less business with pakistan
🔷️NIFTY CURRENTLY STILL TRADING AT P/E RATIO OF 26.74 AS ON 7th AUGUST'19
🔷️P/B RATIO IS STILL 3.37 AS ON 7th AUGUST'19 ( Strong bounce happens when it's around 2.50)
🔷️CURRENT DIVIDEND YIELD RATIO IF NIFTY IS 1.36 AS ON 7th AUGUST.
🔷️P/B RATIO IS STILL 3.37 AS ON 7th AUGUST'19 ( Strong bounce happens when it's around 2.50)
🔷️CURRENT DIVIDEND YIELD RATIO IF NIFTY IS 1.36 AS ON 7th AUGUST.
CRUDE FALLING FROM LAST 2 DAYS GOOD FOR INDIAN MARKETS
PHARMA ,FMCG & IT DEFENSIVE IN FOCUS
NIFTY SUPPORT - 10770/10815
RESISTANCE- 11000/11111
PHARMA ,FMCG & IT DEFENSIVE IN FOCUS
NIFTY SUPPORT - 10770/10815
RESISTANCE- 11000/11111
Government official says the govt is likely to roll-back the recently imposed higher tax on Foreign Portfolio Investors (FPIs)
FPI tax will be removed news is played on a weekly expiry day (citing: Sources not confirmed reports)
Nifty weekly expiry 11000 call went from 0.30 to 22 a whooping 7233% in one day.
Ajay Piramal: FPI tax not discussed in today's meeting with FM.
FPI tax will be removed news is played on a weekly expiry day (citing: Sources not confirmed reports)
Nifty weekly expiry 11000 call went from 0.30 to 22 a whooping 7233% in one day.
Ajay Piramal: FPI tax not discussed in today's meeting with FM.
https://wealthcreatures.com/2018/10/28/kilitch-drugs-african-growth-story/
FUNDAMENTALS ALWAYS PLAY SOONER OR LATER
KILITCH LOCKED IN 20% UC
STOCK UP 42% IN LAST 4 DAYS
93 TO 130
FUNDAMENTALS ALWAYS PLAY SOONER OR LATER
KILITCH LOCKED IN 20% UC
STOCK UP 42% IN LAST 4 DAYS
93 TO 130
WealthCreatures
Kilitch Drugs African Growth story
Cmp – 153 Market Cap – 235 cr 52week High/Low – 176/68 Accmulation zone – 130 To 153. Target – 450 TF – 24 to 36 months. Kilitch Drugs was founded in 1978 by Ent…
Only 3 Trading session for Next expiry..
Options
Premiums will melt very Fast like ICE
Options
Premiums will melt very Fast like ICE
https://www.facebook.com/BusinessToday/videos/2102432353383905/
A LESSON TO LEARN....
MUST WATCH VIDEO
A LESSON TO LEARN....
MUST WATCH VIDEO
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Business Today
Anil Ambani is no longer a billionaire. His net worth has slumped over the years and his group companies are in massive debts. But, things weren't always this bad for the brother of India's richest man Mukesh Ambani. Watch the video to find out more about…
THERE CAN BE 3 SHORT TERM POSSIBILITIES :
IF FPI TAX IS REVERSED & NIFTY TRADES ABOVE 11180 THAN CAN TOUCH 11450/11490
IF WITH FPI TAX RESERVED LTCG IS ALSO REMOVED & GOOD REFORM PLAN MAP TO REVIVE ECONOMY THAN NIFTY CAN SEE 11600/11750
IF NOTHING HAPPENS THAN 10700 TO 11200 ZONE RANGE BOUND AS PER GLOBAL MKT MOODS.
IF FPI TAX IS REVERSED & NIFTY TRADES ABOVE 11180 THAN CAN TOUCH 11450/11490
IF WITH FPI TAX RESERVED LTCG IS ALSO REMOVED & GOOD REFORM PLAN MAP TO REVIVE ECONOMY THAN NIFTY CAN SEE 11600/11750
IF NOTHING HAPPENS THAN 10700 TO 11200 ZONE RANGE BOUND AS PER GLOBAL MKT MOODS.
Wealthcreatures.com
MANGALAM ORGANIC ONCE SENTIMENTS CHANCES & GOOD RESULTS CAN SEE VERY GOOD BOUNCE BACK ONLY MATTER OF JUST FEW DAYS OR MONTH
FY20 Q1 NUMBERS UPDATE :
Net Sales at Rs 91.08 crore in June 2019 up 3.84% from Rs. 87.71 crore in June 2018.
Quarterly Net Profit at Rs. 15.06 crore in June 2019 up 24.72% from Rs. 12.07 crore in June 2018.
EBITDA stands at Rs. 20.13 crore in June 2019 up 18.55% from Rs. 16.98 crore in June 2018.
EPS has increased to Rs. 17.58 in June 2019 from Rs. 14.10 in June 2018.
Net Sales at Rs 91.08 crore in June 2019 up 3.84% from Rs. 87.71 crore in June 2018.
Quarterly Net Profit at Rs. 15.06 crore in June 2019 up 24.72% from Rs. 12.07 crore in June 2018.
EBITDA stands at Rs. 20.13 crore in June 2019 up 18.55% from Rs. 16.98 crore in June 2018.
EPS has increased to Rs. 17.58 in June 2019 from Rs. 14.10 in June 2018.